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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115842 times)
crazyivan
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February 28, 2016, 06:24:25 AM
Last edit: February 28, 2016, 03:02:46 PM by crazyivan
 #1801

I thought there would be at least a minipump after the notary services thing !

I thought this as well. However, do not forget Polo Factom market is heavily but I mean HEAVILY controlled by bots and influenced by pumpers and dumpers. As long as some huge whale even does not move the price or some large player traps these bots and moves the price, nothing s going to happen without their permission.

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February 28, 2016, 10:23:38 AM
 #1802

@crazyivan

Bittrex is even worse.
whiteorg72
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February 28, 2016, 03:37:05 PM
 #1803

I thought there would be at least a minipump after the notary services thing !

I thought this as well. However, do not forget Polo Factom market is heavily but I mean HEAVILY controlled by bots and influenced by pumpers and dumpers. As long as some huge whale even does not move the price or some large player traps these bots and moves the price, nothing s going to happen without their permission.

From your argument, it turns out that we will stand in one place and the price can not go up because of any news.
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February 28, 2016, 07:01:09 PM
 #1804

1 month left until the completion of work on the Milestone2. Let's see whether the developers kept their word or not. Incidentally I do not understand why we are marking time in one place ($1 per coin), when we have only positive news. Is interesting, after the release working version Milestone2 to be able to move up price FCT on the exchanges?

It must be..If price FCT won't rise when milestone 2 is released, I must sell all of my FCT. Shocked
whiteorg72
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February 29, 2016, 03:54:16 AM
 #1805

Great article bravenewcoin today: Factom securing blockchain partnerships in China.
http://bravenewcoin.com/news/factom-securing-blockchain-partnerships-in-china/
crazyivan
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February 29, 2016, 08:01:15 AM
 #1806

I thought there would be at least a minipump after the notary services thing !

I thought this as well. However, do not forget Polo Factom market is heavily but I mean HEAVILY controlled by bots and influenced by pumpers and dumpers. As long as some huge whale even does not move the price or some large player traps these bots and moves the price, nothing s going to happen without their permission.

From your argument, it turns out that we will stand in one place and the price can not go up because of any news.

Yes, this is my line of thinking. Why? Cause bots love ping pong trade. up 3% then down 3% and repeat the entire pattern. This is the way they make money. The only way to beat them is to trap their funds when they sell and then push the price way up so they cannot buy lower and repeat the selling cycle.

I hate speculators, they disturb markets and this is why I wait for some major news to push the price up. Unless you want to buy 100k Factoids more and trap their funds. Smiley

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February 29, 2016, 08:15:37 AM
 #1807

Great article bravenewcoin today: Factom securing blockchain partnerships in China.
http://bravenewcoin.com/news/factom-securing-blockchain-partnerships-in-china/

Thanks for sharing.

I'm interested in more details about this:

Quote
Factom has been busy during a trip to China this month. Besides setting up a new office in the orient, the Austin Texas-based blockchain services company has also entered into two agreements[/b].

Does this mean they signed two agreements or that they are negotiating and planning to sign?
Because if they are negotiating this makes a huge difference.
tempus
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February 29, 2016, 08:25:30 AM
 #1808

Great article bravenewcoin today: Factom securing blockchain partnerships in China.
http://bravenewcoin.com/news/factom-securing-blockchain-partnerships-in-china/

Thanks for sharing.

I'm interested in more details about this:

Quote
Factom has been busy during a trip to China this month. Besides setting up a new office in the orient, the Austin Texas-based blockchain services company has also entered into two agreements[/b].

Does this mean they signed two agreements or that they are negotiating and planning to sign?
Because if they are negotiating this makes a huge difference.


Both are Memorandums of Understanding: https://en.wikipedia.org/wiki/Memorandum_of_understanding


iSoftstone: http://www.factom.com/isoftstone-and-factom-announce-a-partnership-to-integrate-blockchain-technology-and-smart-city-solutions/

Ancun: http://www.factom.com/ancun-and-factom-inc-announce-a-mou-for-the-integration-of-blockchain-technology-and-traditional-notarization-services-in-china/


Everybody should have in mind that Factom is right before Milestone 2 of 3, so I believe it's normal that there are not fixed contracts in such an early phase but at the same time it's very promising to see that much interest in Factom even before it's completely finished. And I believe we can expect tangible results, Ancun most likely earlier than iSoftstone.
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February 29, 2016, 09:51:58 AM
 #1809

Quote
Both are Memorandums of Understanding: https://en.wikipedia.org/wiki/Memorandum_of_understanding


iSoftstone: http://www.factom.com/isoftstone-and-factom-announce-a-partnership-to-integrate-blockchain-technology-and-smart-city-solutions/

Ancun: http://www.factom.com/ancun-and-factom-inc-announce-a-mou-for-the-integration-of-blockchain-technology-and-traditional-notarization-services-in-china/


Everybody should have in mind that Factom is right before Milestone 2 of 3, so I believe it's normal that there are not fixed contracts in such an early phase but at the same time it's very promising to see that much interest in Factom even before it's completely finished. And I believe we can expect tangible results, Ancun most likely earlier than iSoftstone.

I checked at the other side if these companies have published the news about cooperating with Factom(in my opinion this would show they are serious). Couldn't find anything about Ancun(everything is in chinese, very difficult to search), but Isoftstone has announced it on their website in chinese on February 1st: http://www.isoftstone.com/content/index.aspx?nodeid=941&page=ContentPage&categoryid=0&contentid=4783 i think their partnering up looks pretty good(Use google translate).
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February 29, 2016, 08:50:24 PM
 #1810

How Factom is Bringing Digital Currencies To Business & Governments With Paul Snow
https://www.youtube.com/watch?v=1noFK6M8ktU
CocoLibre
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February 29, 2016, 09:10:44 PM
 #1811

Some more positive press http://fortune.com/2016/02/29/city-future-bitcoin/ not sure how long factoids will trade around $1, the float is so low any real money flow will take it up to .004 BTC quick.
whiteorg72
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March 01, 2016, 03:49:58 AM
 #1812

Featured on Fortune Magazine today: Securing the City of the Future with Bitcoin.
http://fortune.com/2016/02/29/city-future-bitcoin/

Feature Interview: Factom CEO Peter Kirby on Blockchain Initiatives In China.
https://btcmanager.com/news/tech/feature-interview-factom-ceo-peter-kirby-on-blockchain-initiatives-in-china/

How Factom is Bringing Digital Currencies To Business & Governments With Paul Snow.
http://www.chrisdunn.com/how-factom-is-bringing-digital-currencies-to-business-governments-with-paul-snow/
crazyivan
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March 01, 2016, 05:41:07 AM
 #1813

Featured on Fortune Magazine today: Securing the City of the Future with Bitcoin.
http://fortune.com/2016/02/29/city-future-bitcoin/

Feature Interview: Factom CEO Peter Kirby on Blockchain Initiatives In China.
https://btcmanager.com/news/tech/feature-interview-factom-ceo-peter-kirby-on-blockchain-initiatives-in-china/

How Factom is Bringing Digital Currencies To Business & Governments With Paul Snow.
http://www.chrisdunn.com/how-factom-is-bringing-digital-currencies-to-business-governments-with-paul-snow/


Damn, Fortune Magazine, those kind of news we need to have to move the price up.

Good work Factom.

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Jack Russell
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March 01, 2016, 01:55:17 PM
 #1814

Some more positive press http://fortune.com/2016/02/29/city-future-bitcoin/ not sure how long factoids will trade around $1, the float is so low any real money flow will take it up to .004 BTC quick.

For all the business alliances that have been forged, I too am surprised with the stable price. I think Factom is under the radar for most altcoin investors/speculators as it's in Bitcoin Project Development section of the forum, not the altcoin section. Definitely Factom is still very undervalued and their news is always BIG.
whiteorg72
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March 01, 2016, 02:23:06 PM
 #1815

Some more positive press http://fortune.com/2016/02/29/city-future-bitcoin/ not sure how long factoids will trade around $1, the float is so low any real money flow will take it up to .004 BTC quick.

For all the business alliances that have been forged, I too am surprised with the stable price. I think Factom is under the radar for most altcoin investors/speculators as it's in Bitcoin Project Development section of the forum, not the altcoin section. Definitely Factom is still very undervalued and their news is always BIG.

Stable price of Factoid (FCT) because the Factom developers are not manipulated by price FCT, do not invest in FCT course. The rest of the team just put money in the course of their altcoins, such as the Ethereum or DASH. For example, Vitalik Buterin and his team are simply manipulating their Ethereum price, so we see the Ethereum is now overpriced. If developers Factom would have manipulated the FCT price (manipulation on good news), then we would have already seen the cost FCT at least $5 per coin or larger.
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March 01, 2016, 02:33:28 PM
 #1816

Stable price of Factoid (FCT) because the Factom developers are not manipulated by price FCT, do not invest in FCT course. The rest of the team just put money in the course of their altcoins, such as the Ethereum or DASH. For example, Vitalik Buterin and his team are simply manipulating their Ethereum price, so we see the Ethereum is now overpriced. If developers Factom would have manipulated the FCT price (manipulation on good news), then we would have already seen the cost FCT at least $5 per coin or larger.

How do you know that "Vitalik Buterin and his team are simply manipulating their Ethereum price" ? Any proof of this claim would be interesting to see.
rtrtcrypto
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March 01, 2016, 02:34:53 PM
 #1817

Absurd claim... welcome to ignore list.

Some more positive press http://fortune.com/2016/02/29/city-future-bitcoin/ not sure how long factoids will trade around $1, the float is so low any real money flow will take it up to .004 BTC quick.

For all the business alliances that have been forged, I too am surprised with the stable price. I think Factom is under the radar for most altcoin investors/speculators as it's in Bitcoin Project Development section of the forum, not the altcoin section. Definitely Factom is still very undervalued and their news is always BIG.

Stable price of Factoid (FCT) because the Factom developers are not manipulated by price FCT, do not invest in FCT course. The rest of the team just put money in the course of their altcoins, such as the Ethereum or DASH. For example, Vitalik Buterin and his team are simply manipulating their Ethereum price, so we see the Ethereum is now overpriced. If developers Factom would have manipulated the FCT price (manipulation on good news), then we would have already seen the cost FCT at least $5 per coin or larger.
whiteorg72
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March 01, 2016, 03:18:18 PM
 #1818

rtrtcrypto,
To me deeply do not care for your opinion. Go there yourself. Freak.  Grin

dealeris,
Refer to Vitalik, if you need proof. It's clear that manipulation is difficult to provable, but it shows. If you do not have eyes, then it's your problem.
Bagatell
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March 01, 2016, 03:31:47 PM
 #1819

It's clear that manipulation is difficult to provable, but it shows.

Put up or shut up.
whiteorg72
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March 01, 2016, 03:34:39 PM
 #1820

Bagatell,
Smarter not think of anything. Shut up himself.
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