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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115917 times)
Mrfrismint
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December 06, 2016, 02:06:01 PM
 #6561

At least with a lower FCT price the burning process goes faster as the EC price stays the same.

1. Is there anyone who knows where you can check the amount of burned FCT's?

2. Also, Is there anyone who can explain exactly what m2 is all about and why he or she thinks this influences the price in a sustainable way (meaning: not a day or two a pump based on the news and then sell off again)

3. Furthermore: do we know how large the Gates grant actually was?

Bringing this up again. If anyone has some answers to these questions, happy to hear them.
GrossBit
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December 06, 2016, 02:12:20 PM
 #6562

everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell
crazyivan
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December 06, 2016, 02:17:24 PM
 #6563

everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell

Damn, just when I started liking you.....

Heart of a troll cannot be changed. Ever.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
Pap0u
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December 06, 2016, 02:33:16 PM
 #6564

The people who keep saying it's going to pump are the real trolls

lolikop
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December 06, 2016, 02:35:08 PM
 #6565

everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell


lol it was just a spike to 200 were still far far away from 150


also we will see sell orders decreasing by day from now on so breakout is imminent
Arvydas77
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December 06, 2016, 02:37:39 PM
 #6566

everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell

Damn, just when I started liking you.....

Heart of a troll cannot be changed. Ever.

The best way to stop drop in price is to hold your FCT and buy some more. Just as I did  Smiley



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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Mrfrismint
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December 06, 2016, 02:44:58 PM
 #6567

everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell


lol it was just a spike to 200 were still far far away from 150


also we will see sell orders decreasing by day from now on so breakout is imminent

lol, I am a big holder of FCT, but when I read this I always laugh. If you keep saying this long enough there always be a break out at some level, haha
lolikop
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December 06, 2016, 02:49:44 PM
Last edit: December 06, 2016, 03:00:07 PM by lolikop
 #6568

everybody was telling me i was lunatic when i was saying FCT could drop to 0.0015 based on TA, but today we had a new low at 0.002... we're not that far away given the volatility of the market, and the utter lack of any support...

in the end i might be well be proven over-optimistic. Only time will tell


lol it was just a spike to 200 were still far far away from 150


also we will see sell orders decreasing by day from now on so breakout is imminent

lol, I am a big holder of FCT, but when I read this I always laugh. If you keep saying this long enough there always be a break out at some level, haha


Thats exactly why i keep saying it  Cheesy

but seriously next week 350k
Pap0u
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December 06, 2016, 03:21:04 PM
 #6569

You guys are crazy. I wish we could get an official answer as to what's going on in the Factom market, it just doesn't make sense but my short is insane lucky lol.

tempus
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December 06, 2016, 03:29:26 PM
 #6570

You guys are crazy. I wish we could get an official answer as to what's going on in the Factom market, it just doesn't make sense but my short is insane lucky lol.

What would be an "official answer"?
Mrfrismint
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December 06, 2016, 03:31:52 PM
 #6571

You guys are crazy. I wish we could get an official answer as to what's going on in the Factom market, it just doesn't make sense but my short is insane lucky lol.

Your short is not so lucky the last hours, lol
Less338
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December 06, 2016, 03:42:40 PM
 #6572

At least with a lower FCT price the burning process goes faster as the EC price stays the same.

1. Is there anyone who knows where you can check the amount of burned FCT's?

2. Also, Is there anyone who can explain exactly what m2 is all about and why he or she thinks this influences the price in a sustainable way (meaning: not a day or two a pump based on the news and then sell off again)

3. Furthermore: do we know how large the Gates grant actually was?

Bringing this up again. If anyone has some answers to these questions, happy to hear them.

1. Initial supply was 8,759,968.58633800 FCTs. Coinmarketcap.com states that the current supply is 8,753,219 FCTs.

2. Post on reddit from David Johnston: https://www.reddit.com/r/factom/comments/5bwpao/factom_federation_m2_testnet_discussion_thread/d9rtsaq/
Also exodus will integrate Factom in their wallet (http://woobull.com/exodus-wallet-roadmap-a-list-of-upcoming-asset-support/), which will lead to less supply on exchanges.

3. Factom stated that the Gates Foundation will make an announcement regarding the grant. I guess we'll just have to wait. You can also check http://www.gatesfoundation.org/How-We-Work/Quick-Links/Grants-Database# from time to time.
tempus
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December 06, 2016, 03:47:40 PM
 #6573

At least with a lower FCT price the burning process goes faster as the EC price stays the same.

1. Is there anyone who knows where you can check the amount of burned FCT's?

2. Also, Is there anyone who can explain exactly what m2 is all about and why he or she thinks this influences the price in a sustainable way (meaning: not a day or two a pump based on the news and then sell off again)

3. Furthermore: do we know how large the Gates grant actually was?

Bringing this up again. If anyone has some answers to these questions, happy to hear them.

1. Initial supply was 8,759,968.58633800 FCTs. Coinmarketcap.com states that the current supply is 8,753,219 FCTs.

(...)

Coinmarketcap is known to lack when it's about total supply. I hope this is correct:

8,748,314.98881070
https://factoid.live
Mrboot
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December 06, 2016, 04:10:51 PM
 #6574

At least with a lower FCT price the burning process goes faster as the EC price stays the same.

1. Is there anyone who knows where you can check the amount of burned FCT's?

2. Also, Is there anyone who can explain exactly what m2 is all about and why he or she thinks this influences the price in a sustainable way (meaning: not a day or two a pump based on the news and then sell off again)

3. Furthermore: do we know how large the Gates grant actually was?

Bringing this up again. If anyone has some answers to these questions, happy to hear them.

1. Initial supply was 8,759,968.58633800 FCTs. Coinmarketcap.com states that the current supply is 8,753,219 FCTs.

(...)

Coinmarketcap is known to lack when it's about total supply. I hope this is correct:

8,748,314.98881070
https://factoid.live

Thx for that link i didnt had that one!

I think this is more then a great entry coin, after it hit support around 210 and went almost straight up again.
Dont forget this drop was mainly cause Bo Shen got hacked, he was running a venture capital. And the portofolio included factom
so i guess also some coins.
nowhere man
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December 06, 2016, 04:58:14 PM
 #6575

Well today has been a bit rough on my trade, when I thought the factom floor was in at 0.0025

Boy was I wrong.

Anyway, thought you might all appreciate a bit of humour to cheer you up. Here's a video which shows a day in the life of the average factom investor.


http://www.youtube.com/watch?v=Js_3bIni52I&t=1m10s

Enjoy Smiley
stealthmodeactivated
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December 06, 2016, 05:23:05 PM
 #6576

how low will we go? is this the bottom? I don't get the sudden price drop even with the rise of BTC. WTF is happening
sandwraithBTC
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December 06, 2016, 05:30:44 PM
 #6577

how low will we go? is this the bottom? I don't get the sudden price drop even with the rise of BTC. WTF is happening
lol are u trolling ?
usually people will read the recent 1 or 2 pages first before posting.
People are telling the reason why fct dropped because  someone's personal wallet got hacked and now you asked again

crazyivan
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December 06, 2016, 06:38:30 PM
 #6578

It s important to learn on these dumps caused by hacks. Keep your coins offline. Keep your coins safe. Buy when there s blood in the streets.

BTW, this is not me lecturing to anyone, just a friendly advice which some of you might take. Or not.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
Pap0u
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December 06, 2016, 06:47:26 PM
 #6579

It s important to learn on these dumps caused by hacks. Keep your coins offline. Keep your coins safe. Buy when there s blood in the streets.

BTW, this is not me lecturing to anyone, just a friendly advice which some of you might take. Or not.

Crazyivan you couldve bought in at 220k bro Sad

sandwraithBTC
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December 06, 2016, 06:48:00 PM
 #6580

It s important to learn on these dumps caused by hacks. Keep your coins offline. Keep your coins safe. Buy when there s blood in the streets.

BTW, this is not me lecturing to anyone, just a friendly advice which some of you might take. Or not.

actually just do oppositely what Papou says. Then we will earn good profit

i know this Papou " A real troll". I use him as an indicator to buy or sell.
just join Cryptopia slack then you will know more about him  Grin
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