[ANN] FACTOM - Introducing Honesty to Record-Keeping

[Fudking]

Fct moon time is  closing i predict 0.01 by end of nov

Pull your lip over your head and SWALLOW.

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[Mimir]

Yeah and Doge has a larger marketcap than Factom, we are not operating in a rational market place

[GrossBit]

FCT and ETH (in Casper) both rely on PoS.

Factom doesn't rely on proof of stake mate, nor does ETH, you are rambling utter nonsense.

Currently it anchors into bitcoin blockchain. You know this.  Eventually the plan is to anchor into both BTC and ETH at the same time and ETH is still PoW currently, ETH coins keep my house warm. As I said a page back, truly doubt they will move to PoS anytime soon, it's too risky. Vitalik a smart mf but he can't just solve these problems by waving his hands. This is an open problem in the world of cryptography. People claim PoS coins, but it's completely unproven and they've faced no adversity. And you'd be the first to complain when it all goes wrong, that's the most hilarious part.

actually I agree with you on this one. no guarantee that PoS will work for ETH. It will be a big gamble for them to move to PoS.

I'm not sure but i think there are other blockchain with PoS (NXT ? for example?) but as they are too small to bother, they haven't been seriously attacked

FCT major selling point is that it is a BTC app, where BTC is -as of now- the most reliable public blockchain, and it has the flexibility to move to other blockchains.

The risk is that a new winning blockchain would emerge with built-in authentification apps.

[Mimir]

there's a few, from what I gather the best ones still utilise a hybrid system incorporating both PoW and PoS, seems the safest for now. PoS completely unproven, there's some coins out there using various systems to counter things like nothing-at-stake but I wouldn't say they are fully tested.  Smart heads working on it, but these things aren't at all guaranteed, despite what some say. My 2 cents

[crazyivan]

NEM has lost one of their major devs who left the team to work on something else. I do not think they re even comparable to Factom capabilities and team. So, once more, can we please have some screenshots to get a glimpse of the new project?

[mig5000]

GrossBit, please kindly gtfo.

Why are you wasting the majority of your posts/time to FUD on factom , yet you have their Series A shares? The current price might not fit your R/R strategy but you are clearly coming here to FUD in an attempt to get in cheaper. At this point with BTC tanking and ALTs seemingly pumping again, this is just a BS strategy.

[willowfoot]

NEM has lost one of their major devs who left the team to work on something else. I do not think they re even comparable to Factom capabilities and team. So, once more, can we please have some screenshots to get a glimpse of the new project?

Not bad NEM not bad!
https://bitcointalk.org/index.php?topic=1672157.0

[GrossBit]

GrossBit, please kindly gtfo.

Why are you wasting the majority of your posts/time to FUD on factom , yet you have their Series A shares? The current price might not fit your R/R strategy but you are clearly coming here to FUD in an attempt to get in cheaper. At this point with BTC tanking and ALTs seemingly pumping again, this is just a BS strategy.

 
why invest in FCT ? i don't have infinite amount of money to invest alas. I've got enough exposure to Factom with those shares.

@willowfoot has found the link , don't know if NEM lost one main dev or not like Ivan says, maybe its true.
but they seem to have a few good person in their team. You can see for yourself the screenshots that Apostille seems to be no BS

We've been waiting for months for screenshots (and more) of M2, and out of the blue we have a new blockchain app delivering what Factom have been saying they would deliver for months.
I don't know how you keep your cool... TBH yes, i'm disappointed with Factom so far.

No i'm not FUDding to get cheaper. As a shareholder, i want my voice to be heard. We can see posts from Factom people here from time to time, but they would never answer my concerns.

Typically after the NEM announcement,  I would like to ask them:
- why is M2 taking so much time ?
- How many devs are working on it ?
- What do they think of NEM Apostille ? How does Factom compare to that, and can they explain why Factom is a better solution than NEM and other (existing or under dev) projects

If they could answer clearly and positively those questions, maybe i'll feel more confident to invest again.

Your ostrich policy will do you no good in investing nor in any other matter.

[crazyivan]

GrossBit, please kindly gtfo.

Why are you wasting the majority of your posts/time to FUD on factom , yet you have their Series A shares? The current price might not fit your R/R strategy but you are clearly coming here to FUD in an attempt to get in cheaper. At this point with BTC tanking and ALTs seemingly pumping again, this is just a BS strategy.

 
why invest in FCT ? i don't have infinite amount of money to invest alas. I've got enough exposure to Factom with those shares.

@willowfoot has found the link , don't know if NEM lost one main dev or not like Ivan says, maybe its true.
but they seem to have a few good person in their team. You can see for yourself the screenshots that Apostille seems to be no BS

We've been waiting for months for screenshots (and more) of M2, and out of the blue we have a new blockchain app delivering what Factom have been saying they would deliver for months.
I don't know how you keep your cool... TBH yes, i'm disappointed with Factom so far.

No i'm not FUDding to get cheaper. As a shareholder, i want my voice to be heard. We can see posts from Factom people here from time to time, but they would never answer my concerns.

Typically after the NEM announcement,  I would like to ask them:
- why is M2 taking so much time ?
- How many devs are working on it ?
- What do they think of NEM Apostille ? How does Factom compare to that, and can they explain why Factom is a better solution than NEM and other (existing or under dev) projects

If they could answer clearly and positively those questions, maybe i'll feel more confident to invest again.

Your ostrich policy will do you no good in investing nor in any other matter.

Ok, and if they do not answer your questions, what then? Keep trolling this thread, spreading  FUD and news about other projects hoping for them to answer. What if they do not answer again? How is your constant FUD help you, me or Factom? How is this going to accomplish anything?

You do not get your voice heard cause they do not listen and in the process you scare away tons of news investors. Who benefits from that? NOBODY.

If you do not like Factom, sell you tokens and move to NEM thread. Otherwise what you re doing is pointless and causes only DAMAGE to the rest of us. Please think about that and change your attitude.

[Pap0u]

I think GrossBit got massively burned in a trade. Clearly he doesn't own any Factom, and only reason he is spending so much time in one particular topic is he's extremely mad or he's trying to get as cheap as he can and play the swings. Factom is really good with shorts.

[CanaryInTheMine]

I think GrossBit got massively burned in a trade. Clearly he doesn't own any Factom, and only reason he is spending so much time in one particular topic is he's extremely mad or he's trying to get as cheap as he can and play the swings. Factom is really good with shorts.

https://en.wikipedia.org/wiki/K%C3%BCbler-Ross_model

[caffeine93]

GrossBit, please kindly gtfo.

Why are you wasting the majority of your posts/time to FUD on factom , yet you have their Series A shares? The current price might not fit your R/R strategy but you are clearly coming here to FUD in an attempt to get in cheaper. At this point with BTC tanking and ALTs seemingly pumping again, this is just a BS strategy.

 
why invest in FCT ? i don't have infinite amount of money to invest alas. I've got enough exposure to Factom with those shares.

@willowfoot has found the link , don't know if NEM lost one main dev or not like Ivan says, maybe its true.
but they seem to have a few good person in their team. You can see for yourself the screenshots that Apostille seems to be no BS

We've been waiting for months for screenshots (and more) of M2, and out of the blue we have a new blockchain app delivering what Factom have been saying they would deliver for months.
I don't know how you keep your cool... TBH yes, i'm disappointed with Factom so far.

No i'm not FUDding to get cheaper. As a shareholder, i want my voice to be heard. We can see posts from Factom people here from time to time, but they would never answer my concerns.

Typically after the NEM announcement,  I would like to ask them:
- why is M2 taking so much time ?
- How many devs are working on it ?
- What do they think of NEM Apostille ? How does Factom compare to that, and can they explain why Factom is a better solution than NEM and other (existing or under dev) projects

If they could answer clearly and positively those questions, maybe i'll feel more confident to invest again.

Your ostrich policy will do you no good in investing nor in any other matter.

You are investing way too much energy into spreading FUD, mostly the fear part. This is a topic about FCT and most people here are FCT investors and enthusiasts, people who believe in the future of this project and have invested in it for that reason. And while constructive criticism is welcome and can have a positive impact on the community, constant and biased bashing is only annoying.

Why do you think that FCT team has the obligation to answer your questions and dedicate their time to you, who are you, or who am I as a matter of fact? I wonder if I should send a letter to Google because Translator doesn't always get the words as it should?

You already said we don't need FCT because ETH can do everything it does. Now XEM can do that? Then go ahead, feel free to leave this thread forever and switch to XEM, I think most of the users on this thread would thank you a lot. Or even better, go to ETH thread and keep spamming them how other blockchains with smart contract abilities will replace ETH...or you could do both, obviously you have so much free time in your hands and so little life outside of this thread that it'd be pretty easy for you.

[D-Lux]

No i'm not FUDding to get cheaper.

You lie. Anyone who's been following this thread since you started your campaign knows your posts are textbook FUD—well-written, perfectly timed, glib as all hell—but FUD nonetheless. Whether your goal is accumulation, shorting, or both, to pretend you don't have an agenda is laughable.

- why is M2 taking so much time ?

Truly novel (despite your claims), groundbreaking work sometimes takes longer than expected. Usually takes longer. They can't say "The last time we did this ..." The delays are disappointing for a lot of people here, but also understandable for anyone who believe in the tech and admires the ethic of the team creating it.

- How many devs are working on it ?

Allow me to introduce you to GitHub, GrossBit: github.com/FactomProject/factomd/graphs/contributors

[D-Lux]

The risk is that a new winning blockchain would emerge with built-in authentification apps.

You pretend not to understand how authentication works. The validity of FCT’s authentication depends directly on the security of the network it anchors to. At some point, there’s no getting around that—in order to guarantee the sanctity of data—you must anchor into a “guaranteer” network. Your “app” example is trash. Where would the the security of the network come from?

Bottom line: You must touch Bitcoin or another hypersecure network for data to be considered secure, and Fatom is the most efficient way to do that.

But you already know this, don’t you, GrossBit?

This is for people who might otherwise be led to believe that these games GrossBit plays are anything other than a bald-faced attempt to—ultimately—con people out of their money.

[Elpadrinho]

The top 3 worst FUDDERS of FCT are: #1-GROSSBIT (by far the worst)  #2- FUYUKI WATARU(grossbit worshipper)  And last but not least,the single digit IQ- Fudking  (the new special kind of breed of dumb fudders that chooses a name like FUDKING. There you are folks all in a nutshell.

[tempus]

The top 4 worst FUDDERS of FCT are: #1-GROSSBIT (by far the worst)   #2- FLASHBIT (small clone of grossbit)   #3- FUYUKI WATARU(grossbit worshipper)  And last but not least,the single digit IQ- Fudking  (the new special kind of breed of dumb fudders that chooses a name like FUDKING. There you are folks all in a nutshell.

This name-calling and "this is a troll" and "he is also a Fudder" is pretty much nonsense. People have different opinions and tempers and everybody has some interest but just a very view really have a strategic agenda.

And what is for sure: flashbit is in no way a Fudder!

Take a look at his history: https://bitcointalk.org/index.php?action=profile;u=340888;sa=showPosts

He is one of the biggest supporters of Factom!

[Elpadrinho]

The top 3 worst FUDDERS of FCT are: #1-GROSSBIT (by far the worst) #2- FUYUKI WATARU(grossbit worshipper)  And last but not least,the single digit IQ- Fudking  (the new special kind of breed of dumb fudders that chooses a name like FUDKING. There you are folks all in a nutshell.

This name-calling and "this is a troll" and "he is also a Fudder" is pretty much nonsense. People have different opinions and tempers and everybody has some interest but just a very view really have a strategic agenda.

And what is for sure: flashbit is in no way a Fudder!

Take a look at his history: https://bitcointalk.org/index.php?action=profile;u=340888;sa=showPosts

He is one of the biggest supporters of Factom!

My bad i will retrack on flashbit as i was confused with his name similar to grossbit.lol  Thank you for clearing that up

[superplus]

desperately looking for any info on invests of any venture capitalists, screenshots or annouces... hmm looks like a true trader like pretending 
 
people come down, get focused on tech talk or something productive. dont be distracted by noobs, there is an ignore button too 

[lolikop]

Still buying cheap fct common people keep selling im happy to take ur factoids

[poptop]

What's going on? Is there any news? when is m2 planned? I've heard it's going to be released in November?