[ANN] FACTOM - Introducing Honesty to Record-Keeping

[BigSirko]

https://bitcointalk.org/index.php?topic=1672157.msg16790318#msg16790318

NEM Apostille released a couple days ago,
initial impressions I read is this is superior to the service offered by FACTOM. 

[1714716320]

1714716320

[rakesh1_90]

NEM Apostille imo is not even comparable, simply because it's that much better. However I still have factoids and I think the market is big enough for both projects. But if I were a big company I'd 1000 times rather use Apostille than Factom, it's really that good. Also I feel that Factom doesn't really care about its factoid investors, there still isn't an easy wallet yet, imo there is a lack of transparancy and the whole set-up is kinda like Ethereum; too damn complicated and not well thought out. Just ideas and building for the sake of building. Also there is a lot of fog when it comes to deadlines and stuff. Wasn't milestone 2 supposed to be here already? As an investor I don't know what they are doing, they don't give us updates.

Now compare that with NEM Apostille; an easy, holistic, elegant, uniquely structured, well thought out and dynamic notarization service on the blockchain that is on par with the invention of the internet IMO. Factom is a nice bike but Apostille is like a lambo.

NEM = EXPANSE

FACTOM = ETH

Nuff said

[b1007]

NEM Apostille imo is not even comparable, simply because it's that much better. However I still have factoids and I think the market is big enough for both projects. But if I were a big company I'd 1000 times rather use Apostille than Factom, it's really that good. Also I feel that Factom doesn't really care about its factoid investors, there still isn't an easy wallet yet, imo there is a lack of transparancy and the whole set-up is kinda like Ethereum; too damn complicated and not well thought out. Just ideas and building for the sake of building. Also there is a lot of fog when it comes to deadlines and stuff. Wasn't milestone 2 supposed to be here already? As an investor I don't know what they are doing, they don't give us updates.

Now compare that with NEM Apostille; an easy, holistic, elegant, uniquely structured, well thought out and dynamic notarization service on the blockchain that is on par with the invention of the internet IMO. Factom is a nice bike but Apostille is like a lambo.

NEM = EXPANSE

FACTOM = ETH

Nuff, said

  I think you mean the other way around lol. Well maybe I am wrong, I don't know, as an investor I don't like to rely on blind faith, it could be that Factom devs are doing great things behind the scenes, that partnerships will pay off and that market cap will explode. But time will tell who is right and who is wrong. Will be fun to evaluate next year to find out who has the "told you so".  

On a sidenote, Factom already has partnerships (not sure?) and it's being used already, so hence I can understand why people think it's still a good investment, might even explode in market cap at some point in time. Hence I am still hodling.

[BrianDeery]

https://www.factom.com/blog/factom-launches-federated-testnet

[CanaryInTheMine]

https://www.factom.com/blog/factom-launches-federated-testnet

Congrats!!! this is the precursor to M2 (aka Factom Federation) going live.

[rakesh1_90]

https://www.factom.com/blog/factom-launches-federated-testnet

Congrats!!! this is the precursor to M2 (aka Factom Federation) going live.

Awesome 

[tempus]

https://www.factom.com/blog/factom-launches-federated-testnet

Yes! I especially like this one:

"We have spent the last several months testing it ourselves and believe it is now robust enough to debut to the world. However, we encourage our community to hammer on it till it breaks."  

P.S.: Sadly..most likely.. I'm not skilled enough with the command line, but I'll try to figure it out.

P.P.S.: Screenshots look really great!

[BlackJacky]

Is this like a pre-m2?

[rakesh1_90]

Is this like a pre-m2?

Yeah, Its the testnet...

[YoyodyneSystems]

Thanks. Hah .. wrote it just a few hours before it happened.

After a possible BTC bounce or two upward over the next 1-2 weeks the window for Factom should open up as people become comfortable with BTC not going over 750.
Second massive triangle is forming on BTC. During it's formation will be a great time for some alts.
They have about 3 months from now till BTC breaks up to $1200 in February

I happened to notice that FCT had a very similar pattern on it's last rise that XMR did before XMR went 10x to 200 million dollars market cap.
Just so happens that FCT is about 1/10th of that lately.

So if there is a slow rise on FCT over the next 4-6 weeks.... best be ready.
The target would be to see FCT go 10x (to 0.03 BTC) around Christmas with BTC flattening out in the 710-720 area.
This is assuming the same people that moved XMR will do a similar pattern with FCT in the same time frame.

It's the perfect time and the perfect coin for it.
It's the most logical margin traded coin on Polo that next up for a major rise.

Let's see if I get that one right.

0.03 around Xmas? This year Xmas? Ugh, that sound too good too be true. You all know what happens to promises about things which seem to be too good to be true.

Nice, just printed out your post to give it a longer think. Do you mind if I ask what you were looking at when you made your first prediction about BTC's decline? I imagine a bunch of things, but what caused you (indicators, chatter, etc) to come to your conclusion?

And there is the nicely timed good news

Now we wait....

[rakesh1_90]

Wheres IVAN,

[BlackJacky]

So its actually not m2?

[neo1947]

wow this is superb,da moon?

[D-Lux]

Interface: https://twitter.com/Netcube93/status/795764029679632384

[tempus]

So its actually not m2?

It is M2, just not the official release yet - it runs on testnet.

But, it's obviously far developed and they seem confident that nobody will break it. ;-)

[FudCutter]

Congrats to the Factom Team.

[BlackJacky]

Yeah, congrats to the team!!! 

[flashbit]

https://www.factom.com/blog/factom-launches-federated-testnet

Excellent news!! Congrats to you and your team!

[Waldozaur12]

amazing news guys !!!!!!!!! FACTOM is still undervalued...

[Lisieux]

Thanks to the Factom Team, It arrived earlier than I expected (December), Congrats! 

Big News, Big!