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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115841 times)
Pap0u
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November 20, 2016, 05:38:02 PM
 #6161

BTC rally seems to be over. What happens to FCT now?

Pump?

I dont see that. To tell u the truth, I do not even know what need to happen for FCT to pumps up again big time. Cause all great news seem to have no effect at all.

Its certainly strange that FCT didnt pump when good news was ann but I think its the case for most of the altcoins.
Maybe its all related to the bitcoins rise? Now that the price is settling and if M2 and exodus wallet will be implemented then I think we can see a good pump.


No one wants to let go of their precious BTC, many think it will pass 1k or whatever. It's just a pump and dump like any other altcoin experiences, Bitcoin is not immune. No real adoption or world usage, improved tech, good news, etc. Just some countries experiencing economic troubles and speculators going at it. It will go back to low 600s before the end of the year and settle around $650 (it would be another year of profit and growth though!)

Still I feel FCT should ve seen better result, especially since M2 s imminent and this grant has materialized. This has had no effect on price. This is why I ask, HOW COME? It doubled couple months ago based on nothing. Before that, it went up to 85 following ETH, again based on nothing. So when there s a real, tangible reason to go up, it does not. Where there isnt, the price skyrockets. Damn, if I understand crypto.


That's how they make money lol. They pump for no reason to liquidate shorts and make ppl fomo because they don't know why it's pumping and then they dump on amazing news so make ppl go crazy again. It's guerilla warfare and will never make sense in such a corrupt marketplace. That's why for now just find a good entry and hold.

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November 20, 2016, 05:44:21 PM
 #6162

BTC rally seems to be over. What happens to FCT now?

Pump?

I dont see that. To tell u the truth, I do not even know what need to happen for FCT to pumps up again big time. Cause all great news seem to have no effect at all.

Its certainly strange that FCT didnt pump when good news was ann but I think its the case for most of the altcoins.
Maybe its all related to the bitcoins rise? Now that the price is settling and if M2 and exodus wallet will be implemented then I think we can see a good pump.


No one wants to let go of their precious BTC, many think it will pass 1k or whatever. It's just a pump and dump like any other altcoin experiences, Bitcoin is not immune. No real adoption or world usage, improved tech, good news, etc. Just some countries experiencing economic troubles and speculators going at it. It will go back to low 600s before the end of the year and settle around $650 (it would be another year of profit and growth though!)

Still I feel FCT should ve seen better result, especially since M2 s imminent and this grant has materialized. This has had no effect on price. This is why I ask, HOW COME? It doubled couple months ago based on nothing. Before that, it went up to 85 following ETH, again based on nothing. So when there s a real, tangible reason to go up, it does not. Where there isnt, the price skyrockets. Damn, if I understand crypto.


That's how they make money lol. They pump for no reason to liquidate shorts and make ppl fomo because they don't know why it's pumping and then they dump on amazing news so make ppl go crazy again. It's guerilla warfare and will never make sense in such a corrupt marketplace. That's why for now just find a good entry and hold.

I m not talking about pumpers and speculators. I m talking about REAL MARKET response to strong fundamentals. GOOD PRODUCT should be valued more and perceived as a good product after so many independent sources confirm it. HOW the fuck this has not happened yet?

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November 20, 2016, 06:28:37 PM
 #6163

Could have a delayed reaction due to Bitcoin craze. M2 around the corner in public testing and amazing an grant and recognition from Bill Gates on top of everything else. We are pumping any day now.

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November 20, 2016, 08:36:45 PM
 #6164

Fct is held down by big whales  to liquidate longs, when their done we will see 10k btc volume and price increasing 10-15% daily just wait for it
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November 20, 2016, 09:24:24 PM
 #6165

In case this has not been posted yet. Here is an email interview with Factom’s CEO and Co-Founder Peter Kirby:

https://btcmanager.com/news/finance/factom-awarded-grant-from-bill-and-melinda-gates-foundation-interview-with-peter-kirby/
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November 20, 2016, 09:58:19 PM
 #6166

In case this has not been posted yet. Here is an email interview with Factom’s CEO and Co-Founder Peter Kirby:

https://btcmanager.com/news/finance/factom-awarded-grant-from-bill-and-melinda-gates-foundation-interview-with-peter-kirby/

Bill Gates approached them? I am not surprised. Factom is such a long term winner it isn't even funny, however short term manipulation is another story.

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November 20, 2016, 10:00:29 PM
 #6167

Short term manipulation s not that short term. Factoids re unable to break out of this range for a long time. Last time it came close to reaching 0.01 was a year ago. Unless you re from the group prepared to hold Factoids for 8 years or so.

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November 20, 2016, 10:35:45 PM
Last edit: November 21, 2016, 05:55:20 AM by D-Lux
 #6168

Fct is held down by big whales  to liquidate longs, when their done we will see 10k btc volume and price increasing 10-15% daily just wait for it

Yeah, that's pretty much been my estimate as well. Once the suppression lets up I think we're going to see some dramatic increases. Some people are still trying to justify the current price, but those theories are getting old imo. On here, Reddit (somewhat less so) and the Trollbox ...

http://www.polonibox.com/?messageText=fct

... the average investor is starting to wise up to what's going on and a lot of people seem to be asking WTF's up with FCT price?

From the Trollbox just in the past day (different users, none of which are me):

"Fct gets a grant from the richest man on earth, price does nothing"
"who is trying so hard to suppress FCT price ? and why ?"
"Microsoft just backed FCT, uhh yeah this is gonna blow up"
"What happened to fct? The good news it got the other day didn't last hey?"

... actually I'm not going to list them all, but you can see for yourself.

Time is money for all investors, and at some point (probably M2 release, w/ Exodus wallet) they're going to need to let the market do its thing—to have actual price discovery—and will likely pump as well, for their own interests. So at some point in the next 6 mo I expect a massive rise, but likely followed by a massive dump as well as the cycle renews.

FWIW -- Whales/trolls: I own just over 1% of FCT's current available supply, which is about 4% of the supply on Polo last I checked. There is zero chance I will sell before .02, and I'll only consider selling thereafter. So, my regrets. Wink Have fun with the noobs and weak-hands, though.


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November 20, 2016, 10:48:03 PM
 #6169

Short term manipulation s not that short term. Factoids re unable to break out of this range for a long time. Last time it came close to reaching 0.01 was a year ago. Unless you re from the group prepared to hold Factoids for 8 years or so.

No, the ATH was in March at about 0.0085 BTC. One year ago it was at about 0.0003 BTC.

My prediction is that we'll see a new ATH within the next 3 months. It also depends on Bitcoin of course, but if BTC should skyrocket, there also will be a bubble-burst right after. And that would make a huge Factoid-run even more likely.

When the BTC-price collapsed in late 2013 LTCcshot up to $ 1 bn.

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November 20, 2016, 10:55:28 PM
 #6170

Fct is held down by big whales  to liquidate longs, when their done we will see 10k btc volume and price increasing 10-15% daily just wait for it

Yeah, that's pretty much been my estimate as well. Once the suppression let's up I think we're going to see some dramatic increases. Some people are still trying to justify the current price, but those theories are getting old imo. On here, Reddit (somewhat less so) and the Trollbox ...

http://www.polonibox.com/?messageText=fct

... the average investor is starting to wise up to what's going on and a lot of people seem to be asking WTF's up with FCT price?

From the Trollbox just in the past day (different users, none of which are me):

"Fct gets a grant from the richest man on earth, price does nothing"
"who is trying so hard to suppress FCT price ? and why ?"
"Microsoft just backed FCT, uhh yeah this is gonna blow up"
"What happened to fct? The good news it got the other day didn't last hey?"

... actually I'm not going to list them all, but you can see for yourself.

Time is money for all investors, and at some point (probably M2 release, w/ Exodus wallet) they're going to need to let the market do its thing—to have actual price discovery—and will likely pump as well, for their own interests. So at some point in the next 6 mo I expect a massive rise, but also a massive dump as well as the cycle renews.

FWIW -- Whales/trolls: I own just over 1% of FCT's current available supply, which is about 4% of the supply on Polo last I checked. There is zero chance I will sell before .02, and I'll only consider selling thereafter. So, my regrets. Wink Have fun with the noobs and weak-hands, though.




The float has been getting locked up for awhile since the summer, there is about 12% of the float left on the offer; the rest is held by longs. I personally also hold a decent chunk of the float, been averaging up since my first buys at 25k and have a few friends loaded up on 20k lots back during the summer dip. Its clear that the margin system is why FCT has been artificially held down, its quite easy to short with cheap rates and super low float. Once much of the current volume thats sitting on polo's wallet moves offline we should start to see the real ramp as much of the sub .01% loans will no longer be out to short.
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November 20, 2016, 11:02:29 PM
 #6171

Short term manipulation s not that short term. Factoids re unable to break out of this range for a long time. Last time it came close to reaching 0.01 was a year ago. Unless you re from the group prepared to hold Factoids for 8 years or so.

Ok so you sold your bag again dont open your mouth when u see fct @400k  in only 3days of trading
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November 21, 2016, 05:17:27 AM
 #6172

Short term manipulation s not that short term. Factoids re unable to break out of this range for a long time. Last time it came close to reaching 0.01 was a year ago. Unless you re from the group prepared to hold Factoids for 8 years or so.

Ok so you sold your bag again dont open your mouth when u see fct @400k  in only 3days of trading

I can only say AHAHAHAHAHAH to this comment. Don't see FCT going up to that price before M2 and even that s dubious. Cause Gates news s much stronger market signal IMHO then M2. Yet, nothing happened. Actually sell side on Polo even increased more.

There s clear sign of market manipulation here, yet, as I ve said before, a group of investors with 2k BTC purchases would end this manipulation for good. However, XMR s number 1 trade on Polo, not FCT.

Why? No idea.

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November 21, 2016, 11:39:20 AM
 #6173

It's pure guess work when the breakout will occur, their is huge manipulation going on. Bill Gates endorses the project through a grant and there is almost no price movement, yet you see other coins get a new logo designed on MS Paint and they go 300%. FCT's time will come but who knows when.

HODL
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November 21, 2016, 02:11:23 PM
 #6174

Short term manipulation s not that short term. Factoids re unable to break out of this range for a long time. Last time it came close to reaching 0.01 was a year ago. Unless you re from the group prepared to hold Factoids for 8 years or so.

Ok so you sold your bag again dont open your mouth when u see fct @400k  in only 3days of trading

I can only say AHAHAHAHAHAH to this comment. Don't see FCT going up to that price before M2 and even that s dubious. Cause Gates news s much stronger market signal IMHO then M2. Yet, nothing happened. Actually sell side on Polo even increased more.

There s clear sign of market manipulation here, yet, as I ve said before, a group of investors with 2k BTC purchases would end this manipulation for good. However, XMR s number 1 trade on Polo, not FCT.

Why? No idea.

Im not saying it will rise within 3 days i said in 3 days time we can see a 40-50% rise
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November 21, 2016, 02:32:45 PM
 #6175

Short term manipulation s not that short term. Factoids re unable to break out of this range for a long time. Last time it came close to reaching 0.01 was a year ago. Unless you re from the group prepared to hold Factoids for 8 years or so.

Ok so you sold your bag again dont open your mouth when u see fct @400k  in only 3days of trading

I can only say AHAHAHAHAHAH to this comment. Don't see FCT going up to that price before M2 and even that s dubious. Cause Gates news s much stronger market signal IMHO then M2. Yet, nothing happened. Actually sell side on Polo even increased more.

There s clear sign of market manipulation here, yet, as I ve said before, a group of investors with 2k BTC purchases would end this manipulation for good. However, XMR s number 1 trade on Polo, not FCT.

Why? No idea.

Im not saying it will rise within 3 days i said in 3 days time we can see a 40-50% rise

Yes, yes, 5 years from now. Even a total noobs knows Factoid price s got nothing to do with the market. Someone s playing the game and I follow for now, I m sure lots of others do.
So many times till now I ve seen great projects where everyone expected huge profits and results. You know what happened? Only the puppeteer makes money in most cases. So I d very careful for now with those kind of statements.

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November 21, 2016, 02:42:43 PM
 #6176

https://www.smartrac-group.com/pr/smartrac-launches-dloc.html
New partnership with traditional-identity-documents management company.
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November 21, 2016, 03:11:56 PM
 #6177

https://www.smartrac-group.com/pr/smartrac-launches-dloc.html
New partnership with traditional-identity-documents management company.
Thats the kind of cross-over into already established markets, crypto needs. The possibilities for broad blockchain adoption have just gone up  a notch, or three.
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November 21, 2016, 03:14:57 PM
 #6178

.....however.....its still not clear to me how can this technique can be applied to precious stones and jewelry. A killer app, for sure. 
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November 21, 2016, 04:45:33 PM
 #6179

Two awesome news in less than a week time - Gates & Smartrac - and the price goes below the 300k mark.

Most sane posture is to stay long and not to be bothered by the short terms price fluctuation... Cause there is no sense it in.
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November 21, 2016, 05:04:30 PM
 #6180

Two awesome news in less than a week time - Gates & Smartrac - and the price goes below the 300k mark.

Most sane posture is to stay long and not to be bothered by the short terms price fluctuation... Cause there is no sense it in.
Yep. Something changed in the coinmarket/s recently. The usual levers and buttons, dont seem to work any more. Not just Factom.
An obvious clue is the significant drop-off of volume on Polo, but its like the alt willy-bots were turned off!
Yeah yeah, cos bitcoin rally an all that, but even so, it exposes what a true alt market should be, maybe.      
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