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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115917 times)
Chronobank
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October 11, 2016, 11:38:39 AM
 #5221

Blockchain startup Factom has secured yet another multi-million Dollar funding round from prominent silicon valley investors to grow its talent pool and exploit the potential of the technology in various industries.

The $4.2 million funding round led by billionaire investor Tim Draper of Draper Associates will be allocated in “aggressively growing the company,” allowing its development team to discover a wider range of business problems that can be solved with the greater transparency and security measures of a Blockchain network.

“We started Factom to build a more honest and transparent world using a pretty simple approach: create software that makes it impossible to change the past and point that software at places where it solves valuable business problems. This funding accelerates our progress down that road,” stated Factom co-founder and CEO Peter Kirby.

https://cointelegraph.com/news/this-blockchain-startup-can-become-greater-than-ibm-oracle-and-palantir-combined

rakesh1_90
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October 11, 2016, 12:08:45 PM
 #5222

https://cointelegraph.com/news/this-blockchain-startup-can-become-greater-than-ibm-oracle-and-palantir-combined
Geenstijl
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October 11, 2016, 01:03:35 PM
 #5223

Chairman of the board - David Johnston. This mofo just stole my Bitcoins with his API-coin project (see: http://www.buyxap.com/ and https://bitcointalk.org/index.php?topic=650221.0). He never accounted for any of the funds that he collected. Never developed anything, never gave any updates. Just traveled around the world acting as if he's the big crypto-pioneer. He just stole those BTC's from his investors. Wish cointelegraph or coindesk would dig into that story.

This guy is just a con artist.
D-Lux
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October 11, 2016, 02:34:22 PM
 #5224


Some new quotes include one this from Draper:

"I believe that the Factom team has the opportunity and the potential to build a company greater than Oracle and Palantir and IBM combined.”

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October 11, 2016, 02:46:14 PM
 #5225

3.5 BTC bot just switched to the buy side ... things get interesting.  Cheesy
arseaboy
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October 11, 2016, 02:53:04 PM
 #5226

3.5 BTC bot just switched to the buy side ... things get interesting.  Cheesy
good to know this might be ready to jump and rebound again let see if how this will work making good entry would be hard here.

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GrossBit
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October 11, 2016, 03:56:20 PM
 #5227

the last blockchain that CoinTelegraph hyped was razormind's DeOS and it turned out to be a scam....

a favourable article for Factom in CT is more a warning sign than anything else...
tempus
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October 11, 2016, 04:01:37 PM
 #5228

the last blockchain that CoinTelegraph hyped was razormind's DeOS and it turned out to be a scam....

a favourable article for Factom in CT is more a warning sign than anything else...

Oh boy... Factom is around since some time now. You have proof that the team behind EXISTS because they speak with us, they speak with governments, they speak with institutions and companies, they give interviews - they deliver!

Please don't mix your own bad decisions (buying into DeOS) up with conclusions about Factom.

btw: I also recognized DeOS (their ICO and their HP etc.) and first I thought "oh, looks nice" but it just needed 1 google search to find out a lot of informations that I came to the conclusion 99% risk that it's a scam.
GrossBit
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October 11, 2016, 04:36:19 PM
 #5229

I'm not mixing. I'm just saying CT is BS; and there's little to rejoice from a CT article
tempus
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October 11, 2016, 04:47:06 PM
 #5230

I'm not mixing. I'm just saying CT is BS; and there's little to rejoice from a CT article

If you want to make the claim, what you already did: "a favourable article for Factom in CT is more a warning sign than anything else..."

...you should give additional arguments what exactly you believe to see as "warning sign". Just the fact that CT writes a positive article? Because: Others do as well! And a lot of media-site in Crypto also wrote positive articles about shady projects. But to mix that up with legit projects like Factom is nonsense. If there is there anything in that article you consider as wrong, just say it.

The fact that you use DeOS as an example to come up with such a conclusion says more about you than about Factom.
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October 11, 2016, 05:02:24 PM
 #5231

Years later …

Little Girl: Grandpa Gross, what did you do when you were younger?

GrossBit: I manipulated strangers on the Internet so that I could take their money.

Little Girl: [Screams, runs away crying.]
daburone
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October 11, 2016, 05:27:00 PM
 #5232

3.5 BTC bot just switched to the buy side ... things get interesting.  Cheesy

Nahh... That bot operates on both sides of the market. Sometimes I play around with it when I'm bored - force it to outbid me, then pull my bids once there's sufficient money to maintain the trigger. I have no idea whether the bot is profitable as it doesn't seem to have much intelligence, it simply maintains margins and gradually ladders up the order book.
FudCutter
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October 11, 2016, 05:53:43 PM
 #5233

Here we go.... Grin
crazyivan
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October 11, 2016, 06:03:24 PM
 #5234

Nah, just more pump and dump by our favorite whale. Not yet a real push we all expect.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
nowhere man
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October 11, 2016, 06:27:59 PM
 #5235

Looks more like an accumulation strategy to me. Buy up, let it deflate, buy up, let it deflate. Then once M2 gets released. Boom.
BlackPrapor
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October 11, 2016, 07:04:45 PM
 #5236

Looks more like an accumulation strategy to me. Buy up, let it deflate, buy up, let it deflate. Then once M2 gets released. Boom.

Agree

There is no place like 127.0.0.1
In blockchain we trust
Elpadrinho
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October 11, 2016, 07:07:00 PM
 #5237

the last blockchain that CoinTelegraph hyped was razormind's DeOS and it turned out to be a scam....

a favourable article for Factom in CT is more a warning sign than anything else...

 Grossbit you dumb motherfucker! You still around posting FUD? Loll this guy is relentless. AHHH You will never change until people realize how obnoxious and brainless you are.
MyFarm
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October 11, 2016, 07:52:04 PM
 #5238


Some new quotes include one this from Draper:

"I believe that the Factom team has the opportunity and the potential to build a company greater than Oracle and Palantir and IBM combined.”

Of course he does.  This is why I said Draper investing in Factom is such a big deal.  Draper doesn't go for singles.  He goes for grand slams.  And make no mistake, he has hit plenty and thinks Factom is the next one.

I don't go for singles either.  If I don't think I can make 7+ figures on a coin, I don't invest.  I'll trade shit coins for fun, but my investments in Bitcoin, Darkcoin (Dash), and Factom are for grand slams.
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October 11, 2016, 08:16:03 PM
 #5239

The last post in Factom blog is from late August. Guys, is there anything going on? The whole purpose of a blog is to repeatedly share information with the community. Thx.

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pinkman12345
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October 11, 2016, 08:45:51 PM
 #5240

The last post in Factom blog is from late August. Guys, is there anything going on? The whole purpose of a blog is to repeatedly share information with the community. Thx.

Last blog post was on the 5th of October... dunno what blog your looking at. Would you rather some fluffed up hype news to get a quick pump? I wouldn't, factom does it properly! Leave them to it, it's never been that long between news.

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