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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2113491 times)
D-Lux
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January 08, 2017, 04:18:41 AM
 #7401


Most of the conversation has moved to the Slack.
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YoyodyneSystems
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January 08, 2017, 08:29:01 AM
 #7402

Well now that's out of the way!

The window is almost open. Now just have to deal with a large BTC bounce this month and then FCT is clear for rise.
For the market mover .... their chance is almost here. Will probably hop up to 0.004-0.005 for a new floor soon to set the stage to 0.02-0.03 by end of February.

If they are the same people that moved XMR, then by now they have most of their funds out of that and ready for FCT. I have seen XMR rising slowly with large cashing out dumps at intervals. FCT just eats everything sold into it and keeps steady.

Could probably start sooner as the next BTC rise (if it comes) could occur in less time than previous rises. BTC is becoming more parabolic as the height of these rises increases. Although 6 month intervals seem to be the pattern so far it's actually 7.5 months between first two rises and this last one was only 6.5 months. That could put the next BTC rise in June at 5 or 5.5 months. The early stages of that rise scenario could start in mid April.

Making early to middle February the sweet spot as the XMR rise took 6 weeks to run the most important parts. 3 weeks for the main parts of the rise and another 3 weeks on the back side until the crashing really started. That XMR crashing started the moment BTC started ticking upward again.

Now just waiting...


Nice post btw. Didn't you call the early-November (I think?) BTC drop hours before? Or was that someone else ...?

Thanks, yes that would be me.

BTC bounce started so let's see what happens. Usually it's on the downside of the first bounce that the Alts can start up. Whales want to feel safe knowing BTC is in a stable place far from peak first before taking action. This BTC bounce could last a week or so to about 1050-1075. Then a couple weeks of sliding down and stabilizing at a lower level like where we are now in the low 900s. That will be the sweet spot for FCT.
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January 08, 2017, 08:42:30 AM
 #7403

FCT did briefly double in price from it's low point in early December but it looks like I made a slight error about BTC's price. It's likely to go up to 1100-1200 by first week or two of January. After that FCT should finally have it's window in January or February. It's hard to complain about BTC going up 50% every 6 months.

I am thinking there will be a few coins going up rather massively after this BTC rise finally cools.

Although, there have been coins that rise in price with BTC simultaneously. One can hope.

lol... then there is this ^^ and I wrote BTC would hit 8888 cny in a thread the other day before it happened.
Hmm...

*checks to make sure this is real life*

But seriously - BTC is going to possibly hit 16,000 cny this next rise and it might even happen late May.
BTC is going parabolic this year. As it grows harder to hold the price at these levels there is no choice but to increase the rate of the rise.
TC Alt 20
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January 08, 2017, 03:23:53 PM
 #7404

Well now that's out of the way!

The window is almost open. Now just have to deal with a large BTC bounce this month and then FCT is clear for rise.
For the market mover .... their chance is almost here. Will probably hop up to 0.004-0.005 for a new floor soon to set the stage to 0.02-0.03 by end of February.

If they are the same people that moved XMR, then by now they have most of their funds out of that and ready for FCT. I have seen XMR rising slowly with large cashing out dumps at intervals. FCT just eats everything sold into it and keeps steady.

Could probably start sooner as the next BTC rise (if it comes) could occur in less time than previous rises. BTC is becoming more parabolic as the height of these rises increases. Although 6 month intervals seem to be the pattern so far it's actually 7.5 months between first two rises and this last one was only 6.5 months. That could put the next BTC rise in June at 5 or 5.5 months. The early stages of that rise scenario could start in mid April.

Making early to middle February the sweet spot as the XMR rise took 6 weeks to run the most important parts. 3 weeks for the main parts of the rise and another 3 weeks on the back side until the crashing really started. That XMR crashing started the moment BTC started ticking upward again.

Now just waiting...


Nice post btw. Didn't you call the early-November (I think?) BTC drop hours before? Or was that someone else ...?

Thanks, yes that would be me.

BTC bounce started so let's see what happens. Usually it's on the downside of the first bounce that the Alts can start up. Whales want to feel safe knowing BTC is in a stable place far from peak first before taking action. This BTC bounce could last a week or so to about 1050-1075. Then a couple weeks of sliding down and stabilizing at a lower level like where we are now in the low 900s. That will be the sweet spot for FCT.

I agree. Been following Factom for a while now. Alts are showing signs of a meteoric rise soon to come. I've been trading crypto for years, and knowing when to invest in alts is key (there are long bull and bear trends, and I think many people stuck with alts during the past 6 months only to suffer losses while bitcoin continued to gain). I think alts are turning around now. Check out this altcoin index: T&C 20 at www.altindex.io. It tracks historical performance of altcoins with live price updates. My crypto colleagues and I have been using it for a while now, but just made it public last month.

I think with alts on the rise, Factom's robust funding, M2 being rolled out now, and the Exodus wallet release shortly thereafter, Factom will have a very strong January and/or February.
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January 08, 2017, 03:36:49 PM
 #7405

I have just read this thread about FACTOM coin and I feel interested in this coin.
What do you think if I can buy Factom at this time? the price is lower so is it a good time to buy and hold it?
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January 08, 2017, 03:49:13 PM
 #7406

I have just read this thread about FACTOM coin and I feel interested in this coin.
What do you think if I can buy Factom at this time? the price is lower so is it a good time to buy and hold it?



Better to buy now then buying when m2 is online
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January 08, 2017, 03:52:22 PM
 #7407

I have just read this thread about FACTOM coin and I feel interested in this coin.
What do you think if I can buy Factom at this time? the price is lower so is it a good time to buy and hold it?



Better to buy now then buying when m2 is online

What is M2 online ? I do not understand this sentence. Please tell me about that.
Thank you.
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January 08, 2017, 04:23:56 PM
 #7408

I have just read this thread about FACTOM coin and I feel interested in this coin.
What do you think if I can buy Factom at this time? the price is lower so is it a good time to buy and hold it?



Better to buy now then buying when m2 is online

What is M2 online ? I do not understand this sentence. Please tell me about that.
Thank you.

Federation (M2) has been under development for over a year, and is the second major release of the Factom software (Milestone 2). Features will include a more robust network, transaction times in seconds instead of minutes, support for multiple blockchains including bitcoin and ethereum, and new tools in its development suite/public test net.
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January 08, 2017, 04:42:07 PM
 #7409

I have just read this thread about FACTOM coin and I feel interested in this coin.
What do you think if I can buy Factom at this time? the price is lower so is it a good time to buy and hold it?



Better to buy now then buying when m2 is online

What is M2 online ? I do not understand this sentence. Please tell me about that.
Thank you.

Federation (M2) has been under development for over a year, and is the second major release of the Factom software (Milestone 2). Features will include a more robust network, transaction times in seconds instead of minutes, support for multiple blockchains including bitcoin and ethereum, and new tools in its development suite/public test net.

you got any idea how far they are with bringing the network back up?
lolikop
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January 08, 2017, 06:12:47 PM
 #7410

I have just read this thread about FACTOM coin and I feel interested in this coin.
What do you think if I can buy Factom at this time? the price is lower so is it a good time to buy and hold it?



Better to buy now then buying when m2 is online

What is M2 online ? I do not understand this sentence. Please tell me about that.
Thank you.

Federation (M2) has been under development for over a year, and is the second major release of the Factom software (Milestone 2). Features will include a more robust network, transaction times in seconds instead of minutes, support for multiple blockchains including bitcoin and ethereum, and new tools in its development suite/public test net.

you got any idea how far they are with bringing the network back up?


Any day now..
Shiroslullaby
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January 08, 2017, 07:22:36 PM
 #7411

Buy orders and price have been up the last day or two, traders probably accumulating in anticipation of the network coming back up.
Hopefully we have some info or come back online by the end of this week.

coinling
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January 08, 2017, 08:29:58 PM
 #7412

Some newbie push comments lately ?
Rather bearish sign actually.

Who is selling this coin btw ?
Inflation is not there yet, is it ? So there are no "miners" who are gonna sell regardless

tempus
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January 08, 2017, 08:36:20 PM
 #7413

Some newbie push comments lately ?
Rather bearish sign actually.

Who is selling this coin btw ?
Inflation is not there yet, is it ? So there are no "miners" who are gonna sell regardless

No mining until M3 which can be expected in about 12 months or so.

Who is selling? Whoever believes that the risk of a falling price is higher than the chance that it goes up. Thing is: Many are not aware about what will come but short-term-reacting on the Bitcoin-rollercoaster. I believe that's a mistake, because M2 will be fully released within days, maybe just hours:


Eight Federated Servers - Increased censorship resistance and globally distributed.

Eight Auditing Servers - 8 new auditing servers supporting the network.

Confirmations In Seconds Instead of Minutes - 600X improvement

More Transactions Per Second - 5X improvement.

Merkle Proofs More Accessible - Proof of Existence made easy with the factomd API.

Distributed Peer to Peer Network - Resistant to denial of service type attacks.

Graphic Control Panel For Nodes - Easily see the activities of the Factom network.

BIP 44 Wallet Support - Factoids can now be integrated into a wider range of wallets.

Robust Testing Infrastructure - New public test net and suite of testing tools.

Support For Multiple Blockchains - Bitcoin and Ethereum network.


- See more at: https://www.factom.com/blog/factom-federation-release#sthash.qcGR114A.dpuf


Plus new wallet: https://docs.factom.com


Bitcoin can rise wherever it wants, I won't sell this any time soon. Smiley 

coinling
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January 08, 2017, 08:41:25 PM
 #7414


Who is selling? Whoever believes that the risk of a falling price is higher than the chance that it goes up. Thing is: Many are not aware about what will come but short-term-reacting on the Bitcoin-rollercoaster. I believe that's a mistake, because M2 will be fully released within days, maybe just hours:


If so, why not a pre pump of all the insiders like last time?
And isn't the release already priced in ?

I think a lot of investors are put off by those insider traders which happens quite often in factom compared to other coins.
Last time it was quite obvious. Nobody knew the exact time and it was speculated for month when M2 will be released but they pumped it really in time, so this must have been insiders. And news selling is always insider if the news wasn't fully expected at this time.

Actually this is a really big downer for me.
I think Factom in general is great, but this is just annoying and sucks.

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January 08, 2017, 08:50:47 PM
 #7415


Who is selling? Whoever believes that the risk of a falling price is higher than the chance that it goes up. Thing is: Many are not aware about what will come but short-term-reacting on the Bitcoin-rollercoaster. I believe that's a mistake, because M2 will be fully released within days, maybe just hours:


If so, why not a pre pump of all the insiders like last time?
And isn't the release already priced in ?

I think a lot of investors are put off by those insider traders which happens quite often in factom compared to other coins.
Last time it was quite obvious. Nobody knew the exact time and it was speculated for month when M2 will be released but they pumped it really in time, so this must have been insiders. And news selling is always insider if the news wasn't fully expected at this time.

Actually this is a really big downer for me.
I think Factom in general is great, but this is just annoying and sucks.

Price manipulation is not necessarily done by Insiders. And the price is manipulated since many many months. In my opinion it really started with enabled Margin Trading on Polo (Spring 2016 - march I believe). It also didn't need Insider-Infos to expect that they would start with M2.

And before all: If you look at the chart in $ it doesn't even look that un-natural:




But, like said: It's manipulated of course. But I also believe that there was accumulation and not a pump yet. Plus: Since many never felt good with the wallet, there is too much on the exchanges. That is likely to change with the new wallet and especially once exodus will have finished the implementation (February).

Another plus: It never took too long that Factom released good news on the business-front. I would make a bet that 2017 will bring us some nice surprises.

Conclusion: It's all good in my opinion!
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January 09, 2017, 06:00:30 AM
 #7416

Well now that's out of the way!

The window is almost open. Now just have to deal with a large BTC bounce this month and then FCT is clear for rise.
For the market mover .... their chance is almost here. Will probably hop up to 0.004-0.005 for a new floor soon to set the stage to 0.02-0.03 by end of February.

If they are the same people that moved XMR, then by now they have most of their funds out of that and ready for FCT. I have seen XMR rising slowly with large cashing out dumps at intervals. FCT just eats everything sold into it and keeps steady.

Could probably start sooner as the next BTC rise (if it comes) could occur in less time than previous rises. BTC is becoming more parabolic as the height of these rises increases. Although 6 month intervals seem to be the pattern so far it's actually 7.5 months between first two rises and this last one was only 6.5 months. That could put the next BTC rise in June at 5 or 5.5 months. The early stages of that rise scenario could start in mid April.

Making early to middle February the sweet spot as the XMR rise took 6 weeks to run the most important parts. 3 weeks for the main parts of the rise and another 3 weeks on the back side until the crashing really started. That XMR crashing started the moment BTC started ticking upward again.

Now just waiting...


Nice post btw. Didn't you call the early-November (I think?) BTC drop hours before? Or was that someone else ...?

Thanks, yes that would be me.

BTC bounce started so let's see what happens. Usually it's on the downside of the first bounce that the Alts can start up. Whales want to feel safe knowing BTC is in a stable place far from peak first before taking action. This BTC bounce could last a week or so to about 1050-1075. Then a couple weeks of sliding down and stabilizing at a lower level like where we are now in the low 900s. That will be the sweet spot for FCT.

I agree. Been following Factom for a while now. Alts are showing signs of a meteoric rise soon to come. I've been trading crypto for years, and knowing when to invest in alts is key (there are long bull and bear trends, and I think many people stuck with alts during the past 6 months only to suffer losses while bitcoin continued to gain). I think alts are turning around now. Check out this altcoin index: T&C 20 at www.altindex.io. It tracks historical performance of altcoins with live price updates. My crypto colleagues and I have been using it for a while now, but just made it public last month.

I think with alts on the rise, Factom's robust funding, M2 being rolled out now, and the Exodus wallet release shortly thereafter, Factom will have a very strong January and/or February.

That s a very strong statement and I sincerely hope u re right. I do also feel Factom s been somehow slow in showing its real price potential and it definitely takes place among top 3 crypto investment in 2017. If not the most attractive one. Since you have put a date on this expected growth, let s wait and see.

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D-Lux
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January 09, 2017, 08:29:40 AM
 #7417



www.reddit.com/r/CryptoCurrency/comments/5mvmki/cryptocoins_by_developer_activity/

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January 09, 2017, 10:34:23 AM
 #7418

Interesting data, thank you for sharing.
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January 09, 2017, 11:49:19 AM
 #7419


Damn, more active then BTC, that s something. Still, the price does not reflect that. How come? Why?

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January 09, 2017, 02:21:06 PM
 #7420


Its clear Factom is the most active developer in the crypto space, not surprising that they got funded by billionaires when due diligence checks out.
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