[ANN] FACTOM - Introducing Honesty to Record-Keeping

[heaven]

Looks like the price decline has begun for Factom.

I've been watching FCT now for a bit. Price has been going sideways for a week around 0.0047 so no decline.

Before that price was going sideways around 0.0039 so price is actually going up and not declining like you have stated.

And before that it was sideways around 0.0027.

So every week it goes up a bit and sideways. Far from declining like you have suggested.

In fact the 6 hour BBANDS are tight. There will need to be a large holder dumping coins to get price to go down. And knowing the only way to buy FCT is on exchanges because you can't mine, then dumping would be the stupidest thing you can do.

My outlook is sideways till all of a sudden massive amount of market buys due to something being released (M2) and everyone start margin longing FCT and it shoots up 400%

And here is FCT/USD https://i.imgur.com/9EHJYbO.png showing a nice cup and handle. Once price goes up then the handle is complete. No telling how high this will go.

But OP, if you got FCT to sell please do. I have some spare BTC.

[tempus]

It seems there is a new partnership evolving:

https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit#gid=445871101

"Brave New Coin" - it's not a currency, but:

"BNC delivers blockchain and digital-asset markets news, data, analysis, industry resources and a wide range of data solutions."



Homepage: http://bravenewcoin.com

Currently on Bank of the Future: https://bnktothefuture.com/pitches/brave-new-coin

 

Confirmation from the CEO of Brave New Coin:
 

Hello All My name is Fran Strajnar. I'm the founder & CEO of Bravenewcoin.com (BNC). BNC is a market data solutions company. We have 3 divisions:
1) Content.
News, analysis, research covering the Asset Class, the industry and the technology.

2) Market Data.
We are a full service data shop covering the whole asset class. Our flagship Bitcoin Liquid Index (BLX) is being distributed out via inter-dealer-brokers, terminal providers, specialist index shops and we also have a lot of our data 'stocked' by various API market places and financial data, database providers.

3) Blockchain solutions.
The tools we have built largely revolve around giving our market data division further data and interoperability features. This is where Factom comes in. We are seeing the blockchain (all of them) becoming a new delivery system for market data. A growing number of conventional apps need assurance of the quality and where their market data is coming from (data integrity & immutability). And a growing number of Distributed Applications need market data to expand their feature set. We have just completed a 21inc Integration for currency conversion between 100+ Cryptocurrencies and fiat currencies. We have just launched a series of Ethereum Oracles (See here http://tabbforum.com/opinions/oracles-making-smart-contracts-smarter-and-more-useful) And yes we are also integrating all of our pricing into Factom too. This is not 100% complete yet. We expect it to be done in the next couple of weeks with announcements coming as the work is done. From there you can expect us to process various requests and expand the range of data made available via Factom in the coming weeks and months.
Please feel free to ask any questions and I'll endeavor to reply promptly. Many thanks ~ Fran
ps - that bnktothefuture link is now old. That was from our seed round back in Q4 last year.

https://www.reddit.com/r/factom/comments/51yu57/new_partnership_with_brave_new_coin/d7i042t

[nowhere man]

Some real action on Polo today. Anyone know any good reasons why?

[crazyivan]

Some real action on Polo today. Anyone know any good reasons why?

Not good enough, we need 60 again to see real action.

[heaven]

Some real action on Polo today. Anyone know any good reasons why?

Not sure why it would randomly pump 9%. I guess someone got sick of waiting for a dump to get in.

[crazyivan]

Some real action on Polo today. Anyone know any good reasons why?

Not sure why it would randomly pump 9%. I guess someone got sick of waiting for a dump to get in.

10%?? Not sure anyone s that dumb to buy up 10% without a reason. There s always a reason.

[haggis]

Some real action on Polo today. Anyone know any good reasons why?

Not sure why it would randomly pump 9%. I guess someone got sick of waiting for a dump to get in.

10%?? Not sure anyone s that dumb to buy up 10% without a reason. There s always a reason.

The reason may be very simple: M2 is coming closer each day and people don't wanna miss out

[crazyivan]

Some real action on Polo today. Anyone know any good reasons why?

Not sure why it would randomly pump 9%. I guess someone got sick of waiting for a dump to get in.

10%?? Not sure anyone s that dumb to buy up 10% without a reason. There s always a reason.

The reason may be very simple: M2 is coming closer each day and people don't wanna miss out

I would agree with you. The market s obviously expecting M2 which should push the price up. Some people ve been speculating and ping ponging the price recently but now they ve realised there s no more time for that.

[Blazin8888]

FCT doing well. https://twitter.com/money2020/status/774011571479703552

[Waldozaur12]

0.01 incoming

[Blazin8888]

DLT Financial & London FinTech Startup Tramonex Releases Global Crypto-Currency Financial Index “DLT10”:

https://www.crowdfundinsider.com/2016/09/89935-dlt-financial-london-fintech-startup-tramonex-releases-global-crypto-currency-financial-index-dlt10/


"On Thursday, DLT Financial and London-based fintech company Tramonex, announced the launch of DLT10, a crypto-currency financial index. The companies stated the index was designed to track the performance of major digital currencies that run on public blockchains and unlocks information and access to the 10 most relevant cryptocurrencies through a corresponding tracker fund.

The 10 currencies listed on the DLT10 Index are Bitcoin, Ethereum, Ripple, Stellar, Litecoin, Dogecoin, MadeSafeCoin, NameCoin, Factom and NXT. DLT Financial stated it will be launching a matching tracker fund within the next few weeks, which will provide businesses and individuals access to a securitized method for investing."

Factom, Intrinio partner to bring US stock market data to blockchain

http://www.econotimes.com/Factom-Intrinio-partner-to-bring-US-stock-market-data-to-blockchain-266673

“Every 15 minutes the pricing data for the 3,000 most valuable US stocks are now being published into the Factom blockchain”, Factom said in an online post. “This is an exciting new development for the blockchain technology space as it will enable a whole new generation of fintech applications to be developed”.

[ardia]

I dont really know how to read github - but Paul Snow's page is saying 109 commits?

Clicking on commits shows dates ranging back to the start of the month - but I dont remember it showing that 109 number before... anyone enlighten?

[flashbit]

Github update just happened in the docs. Looks like M2 out of the gate will support Ethereum blockchain as well a Bitcoin. Great news!

"Chains consist of a series of Entry Blocks, one for every 10 minute period where new Entries were added to the Chain. When a new Entry is commited and revealed to the Factom network, its hash is added to the Entry Block for the specified Chain. At the end of the 10 minute period all of the new Entry Blocks for all Chains are combined into one Directory Block, which is then anchored into the Bitcoin and Ethereum Blockchains. If there are no new Entries for a Chain in a given 10 minute period, no new Entry Block is added for the Chain."

https://github.com/FactomProject/FactomDocs/commit/99db0a70ab439ca7549665a7caa083b09b4b6c7b

[BrianDeery]

Brian, if factom ever starts using Ethereum - would it be Ethereum, or Ethereum Classic - or no preference / clients would decide?

done right, a single transaction would be valid on both chains:

http://www.coindesk.com/rise-replay-attacks-ethereum-divide/

[Mrboot]

so whats the fix ?
i didn't get it from the dialog.

There's a windows issue with memory allocation, compiling the binaries with Go1.7 fixes the problem.

The 64-bit binaries are here:
http://dropjar.com/#1x15d2sl

People becareful downloading files from other users only do this if you sure its safe(or developement team). Just a reminder.

[Blazin8888]

so whats the fix ?
i didn't get it from the dialog.

There's a windows issue with memory allocation, compiling the binaries with Go1.7 fixes the problem.

The 64-bit binaries are here:
http://dropjar.com/#1x15d2sl

People becareful downloading files from other users only do this if you sure its safe(or developement team). Just a reminder.

+100

[juhasz1109]

I invested factom. I really hope that soon reaches 0.01!

[crazyivan]

I invested factom. I really hope that soon reaches 0.01!

No doubt about that and much higher. Just be patient and watch the show. The number of entries keeps growing, day after day.

[tempus]

Factom Will Use Both The Bitcoin and Ethereum Blockchain

This news comes during a time when the price per Factoid is on the rise. Factom’s native currency will be used to secure information on the supported blockchains.
http://www.newsbtc.com/2016/09/12/factom-will-use-bitcoin-ethereum-blockchain/

[willowfoot]

Factom Will Use Both The Bitcoin and Ethereum Blockchain

This news comes during a time when the price per Factoid is on the rise. Factom’s native currency will be used to secure information on the supported blockchains.
http://www.newsbtc.com/2016/09/12/factom-will-use-bitcoin-ethereum-blockchain/

Some silly comments on factom on Eth's subreddit:
https://www.reddit.com/r/ethereum/comments/52ck9d/factom_now_operates_on_ethereum_blockchain_as/