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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2113314 times)
flashbit
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February 24, 2017, 10:40:23 PM
 #7701

The latest version of Factom is Version 0.4.0.2, released 21 Feb, 2017

https://github.com/FactomProject/distribution

No news about it on their website, blog, here, Reddit,nowhere.

See my point. They ve got ABSOLUTELY WORST MARKETING I ve ever seen in my life. You have to hunt down good info to know what s going on.

If u take a closer look you will see its not done yet, when the distrubution is 100% done they will announce it

Complete now. Factomd installer released https://github.com/FactomProject/distribution

A few people already on slack are indicating stability has improved dramatically including Exodus dev. Good news!



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February 25, 2017, 06:02:58 AM
 #7702

So Exodus release means wallet AND shapeshift integration in march because it's a requirement to be accepted as an asset? Correct me if I'm wrong.

Factom s already on shapeshift, that works without issues. Yes, Exodus should be any day now.

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February 25, 2017, 06:21:22 AM
 #7703

I can confirm new binaries appear to have stabilized the chain.  Wallet is working very nicely as well.  Thumbs up to the Factom devs.

I've had the new chain working for approx 36 hours without a glitch and shifting coins around addresses created with different seeds.  It all looks very good.


There are a number of companies POC in sandboxes at the moment, so this should mean some of them can move to the live chain.  This should mean M2 is up and running provided the syncing of the chain holds.
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February 25, 2017, 06:55:15 AM
 #7704

The latest version of Factom is Version 0.4.0.2, released 21 Feb, 2017

https://github.com/FactomProject/distribution

No news about it on their website, blog, here, Reddit,nowhere.

See my point. They ve got ABSOLUTELY WORST MARKETING I ve ever seen in my life. You have to hunt down good info to know what s going on.
I do agree with you, the marketing team at Factom need to do more with good information at their disposal. I could remember when the Homeland deal was secured it was not on their website too, this is a kind of deal that team in the space even Ethereum would kill for
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February 25, 2017, 08:15:04 PM
 #7705

Hello guys, I believe you are experts here so can you help me answer some questions? Smiley
1, In what category is the coin first? In what category coin promotes itself?
2, What new features this coin creates? How is it unique?
3, Are promises kept by devs?
4, Are features on roadmap delivered regularly?
5, What is overall state of development?
6, Can I find somewhere number of daily transactions?

Hi sorry for the late respond just watch this video and you will understand how Factom is a game changer based on blockchain tech. Well about the promises they late a litlle but the system is functional and the only may be big problem is there is no user-friendly wallet. I am waiting for Exodus guys to finish Beta testing. Here is the video. https://www.youtube.com/watch?v=n15R1Kkqosc

P.S Factom INC has tow big departments - Bussiness and Development one and it is legitimate company with Headquoters in Austin Texas. A big step forward in adoption of the blockchain tech.



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February 26, 2017, 03:37:13 AM
 #7706

The latest version of Factom is Version 0.4.0.2, released 21 Feb, 2017

https://github.com/FactomProject/distribution

No news about it on their website, blog, here, Reddit,nowhere.

See my point. They ve got ABSOLUTELY WORST MARKETING I ve ever seen in my life. You have to hunt down good info to know what s going on.
I do agree with you, the marketing team at Factom need to do more with good information at their disposal. I could remember when the Homeland deal was secured it was not on their website too, this is a kind of deal that team in the space even Ethereum would kill for

Nah its good like this, let the sellers sell and the buyers buy, the marketing hype will reach out eventually
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February 26, 2017, 07:09:11 AM
 #7707

The latest version of Factom is Version 0.4.0.2, released 21 Feb, 2017

https://github.com/FactomProject/distribution

No news about it on their website, blog, here, Reddit,nowhere.

See my point. They ve got ABSOLUTELY WORST MARKETING I ve ever seen in my life. You have to hunt down good info to know what s going on.
I do agree with you, the marketing team at Factom need to do more with good information at their disposal. I could remember when the Homeland deal was secured it was not on their website too, this is a kind of deal that team in the space even Ethereum would kill for

Nah its good like this, let the sellers sell and the buyers buy, the marketing hype will reach out eventually

Sure, when you find yourself in the same price position 3 years from now, then you repeat this question. The man from previous posts s right, Etherum and Dash would kick ass with this info by now 10x. Factom, if you guys re in IT only and to your job well, FFS, hire a marketing team to support you. You cannot expect news about you to get spread by itself. NEWS mean NEW CLIENTS. Clients mean money.

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February 26, 2017, 02:19:04 PM
 #7708

What are the forecasts for price in the near future?
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February 26, 2017, 02:31:05 PM
 #7709

What are the forecasts for price in the near future?

It all depends on ETF.

Moжeт ли дoмaшкa вocьмиклaccникa cтoить 1 битoк?  Huh Pынoк кpипты пepeгpeт, нo пepeгpeт ли pынoк гoлoвoлoмoк c кpиптoй? Кaк мoжнo пpятaть cвoи битoчки oт пocтopoнниx глaз? Huh Paзгaдывaeм нeдaвниe дaвниe гoлoвoлoмки Энди Бayчa вмecтe
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February 26, 2017, 02:38:50 PM
 #7710

What are the forecasts for price in the near future?

It all depends on ETF.
you can read more?
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February 26, 2017, 02:45:29 PM
 #7711


you can read more?
Write?

If it's approved all traders will exit from alts and all alts lose its cap. The price might easy be 0.00025 or 0.000025 btc.

Moжeт ли дoмaшкa вocьмиклaccникa cтoить 1 битoк?  Huh Pынoк кpипты пepeгpeт, нo пepeгpeт ли pынoк гoлoвoлoмoк c кpиптoй? Кaк мoжнo пpятaть cвoи битoчки oт пocтopoнниx глaз? Huh Paзгaдывaeм нeдaвниe дaвниe гoлoвoлoмки Энди Бayчa вмecтe
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February 26, 2017, 02:54:39 PM
 #7712


you can read more?
Write?

If it's approved all traders will exit from alts and all alts lose its cap. The price might easy be 0.00025 or 0.000025 btc.

Sorry, but that is bullshit. If the ETF should get approval it's very likely that Bitcoin will shoot up and it's also likely that Alt's will lose first calculated in Bitcoin. It's unlikely that it will be much in Dollar.

More important: Over Bitcoin there will come so much more money into the whole market that it would be nearly a safe bet that at least the value of quality projects like Factom will increase significantly just because of that. With other words: A Bitcoin-hype could lead to a short-term decrease in Factom but for mid-term it already would be a pro.

Plus: There won't be a Bitcoin-hype without a crash at a certain point. And than a lot of money would go right into quality-alts and Factom is not only one of them but undervalued in comparison.

Long Story short:

A) If the ETF won't be approved it's very likely that Bitcoin will go down as reaction and Factom would react with "up".

B) If the ETHF should get approval Factom might lose in short-term but most likely not much in Dollar. Mid-Term it would be a safe bet that it would benefit a lot.

Conclusion: Factom is the better and safer bet, because it would benefit of both scenarios.
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February 26, 2017, 03:25:49 PM
 #7713

Sorry, but that is bullshit.

Quote
If the ETF should get approval it's very likely that Bitcoin will shoot up and it's also likely that Alt's will lose first calculated in Bitcoin. It's unlikely that it will be much in Dollar.
Why it's bullshit if I said the same thing?

Quote
More important: Over Bitcoin there will come so much more money into the whole market that it would be nearly a safe bet that at least the value of quality projects like Factom will increase significantly just because of that. With other words: A Bitcoin-hype could lead to a short-term decrease in Factom but for mid-term it already would be a pro.
It's easier to buy factom when it start increasing instead of buying when it's falling.

I'm the holder but if btc start growing up, I will sell all of it immediately.

Quote
Plus: There won't be a Bitcoin-hype without a crash at a certain point. And than a lot of money would go right into quality-alts and Factom is not only one of them but undervalued in comparison.

That's true, but the devs aren't intrested in advertising of project and it's why factom is undervalued. Sometimes I think that devs don't care about what will happen to factoids. They got money, got government projects, have a good job and they don't care about capitalisation.

Quote
B) If the ETHF should get approval Factom might lose in short-term but most likely not much in Dollar. Mid-Term it would be a safe bet that it would benefit a lot.
Many traiders will exit into btc and the price might go down in dollar.

Quote
Conclusion: Factom is the better and safer bet, because it would benefit of both scenarios.
I sold my fct for 0.0036 btc. Then bought for 0.0032. There's 0.0025 btc per fct now. It doesn't seem like "safe bet".

UPD: At last, none of new investors will buy factom without factom ETF since they can do it now, but don't.

Moжeт ли дoмaшкa вocьмиклaccникa cтoить 1 битoк?  Huh Pынoк кpипты пepeгpeт, нo пepeгpeт ли pынoк гoлoвoлoмoк c кpиптoй? Кaк мoжнo пpятaть cвoи битoчки oт пocтopoнниx глaз? Huh Paзгaдывaeм нeдaвниe дaвниe гoлoвoлoмки Энди Бayчa вмecтe
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February 26, 2017, 03:42:33 PM
 #7714

Sorry, but that is bullshit.

Quote
If the ETF should get approval it's very likely that Bitcoin will shoot up and it's also likely that Alt's will lose first calculated in Bitcoin. It's unlikely that it will be much in Dollar.
Why it's bullshit if I said the same thing?  

You didn't say the same thing but "The price might easy be 0.00025 or 0.000025 btc."
In which scenario would that be a possibility? Bitcoin x 100 and Factom would lose /100?

Quote
Quote
More important: Over Bitcoin there will come so much more money into the whole market that it would be nearly a safe bet that at least the value of quality projects like Factom will increase significantly just because of that. With other words: A Bitcoin-hype could lead to a short-term decrease in Factom but for mid-term it already would be a pro.
It's easier to buy factom when it start increasing instead of buying when it's falling.

I'm the holder but if btc start growing up, I will sell all of it immediately.

That is up to individual opinions and strategies.



Quote
Quote
Plus: There won't be a Bitcoin-hype without a crash at a certain point. And than a lot of money would go right into quality-alts and Factom is not only one of them but undervalued in comparison.

That's true, but the devs aren't intrested in advertising of project and it's why factom is undervalued. Sometimes I think that devs don't care about what will happen to factoids. They got money, got government projects, have a good job and they don't care about capitalisation.

They care about the use of Factom. The more it will be used the more Entry Credits will be bought. The more EC's are bought, the more Factoids are burned through conversion into EC's. The more Factoids are burned, the higher the price needs to be. Conclusion: As long as they care about the system and the business-side (those who will use it), they care about the price. Marketing for the Factoid-market would hurt their credibility since it would give the impression as if they would want to make money by selling Factoids.


Quote
Quote
B) If the ETHF should get approval Factom might lose in short-term but most likely not much in Dollar. Mid-Term it would be a safe bet that it would benefit a lot.
Many traiders will exit into btc and the price might go down in dollar.

For short-term it could be true. But if you look back into end of 2013. While Bitcoin was still on the rise, others also started to rise (litecoin for example) and started to explode once Bitcoin came down. Litecoin went up from $1 to over $30.


Quote
Quote
Conclusion: Factom is the better and safer bet, because it would benefit of both scenarios.
I sold my fct for 0.0036 btc. Then bought for 0.0032. There's 0.0025 btc per fct now. It doesn't seem like "safe bet".


I don't say "safe bet". Nothing is a safe bet. But in comparison to the uncertainty about the ETF and the scaling-problem and blocksize-war, nobody but ETF-Insiders can now what will happen next. And if the ETF should be approved and Bitcoin would hype, it's safe to say that the mempool will explode with the price. The next drama is a safe prediction.

In comparison with Bitcoin, and if we don't focus on short-term-reactions on the market but midterm and longterm, I consider Factom as a much safer and better Investment while Bitcoin feels more like playing roulette.
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February 26, 2017, 03:58:11 PM
 #7715

there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?
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February 26, 2017, 04:00:18 PM
 #7716

You didn't say the same thing but "The price might easy be 0.00025 or 0.000025 btc."
In which scenario would that be a possibility? Bitcoin x 100 and Factom would lose /100?
Nobody knows how much will cost btc. That's reason why factom could cost 0.00025 btc.


Quote
They care about the use of Factom. The more it will be used the more Entry Credits will be bought. The more EC's are bought, the more Factoids are burned through conversion into EC's. The more Factoids are burned, the higher the price needs to be. Conclusion: As long as they care about the system and the business-side (those who will use it), they care about the price.
To start using factom you need to know about factom. It also is advertising.

Quote
Marketing for the Factoid-market would hurt their credibility since it would give the impression as if they would want to make money by selling Factoids.
I'm disagree with it.


Quote
For short-term it could be true. But if you look back into end of 2013. While Bitcoin was still on the rise, others also started to rise (litecoin for example) and started to explode once Bitcoin came down. Litecoin went up from $1 to over $30.


I don't say "safe bet". Nothing is a safe bet. But in comparison to the uncertainty about the ETF and the scaling-problem and blocksize-war, nobody but ETF-Insiders can now what will happen next. And if the ETF should be approved and Bitcoin would hype, it's safe to say that the mempool will explode with the price. The next drama is a safe prediction.

In comparison with Bitcoin, and if we don't focus on short-term-reactions on the market but midterm and longterm, I consider Factom as a much safer and better Investment while Bitcoin feels more like playing roulette.

Litecoin cost 48$ per coin. I'm very intrested in when the buyers will be able to sell it for 48$. Grin Factom now costs 0.0025 btc. What if here's be the same thing? Grin

Moжeт ли дoмaшкa вocьмиклaccникa cтoить 1 битoк?  Huh Pынoк кpипты пepeгpeт, нo пepeгpeт ли pынoк гoлoвoлoмoк c кpиптoй? Кaк мoжнo пpятaть cвoи битoчки oт пocтopoнниx глaз? Huh Paзгaдывaeм нeдaвниe дaвниe гoлoвoлoмки Энди Бayчa вмecтe
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February 26, 2017, 04:02:51 PM
 #7717

there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?

You should wait for one month.

Moжeт ли дoмaшкa вocьмиклaccникa cтoить 1 битoк?  Huh Pынoк кpипты пepeгpeт, нo пepeгpeт ли pынoк гoлoвoлoмoк c кpиптoй? Кaк мoжнo пpятaть cвoи битoчки oт пocтopoнниx глaз? Huh Paзгaдывaeм нeдaвниe дaвниe гoлoвoлoмки Энди Бayчa вмecтe
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February 26, 2017, 04:05:42 PM
 #7718

there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?

You should wait for one month.
the price will go down ?
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February 26, 2017, 04:09:00 PM
 #7719

the price will go down ?
Maybe. But now it is absolutely clear that the price will not grow much during the month.

Moжeт ли дoмaшкa вocьмиклaccникa cтoить 1 битoк?  Huh Pынoк кpипты пepeгpeт, нo пepeгpeт ли pынoк гoлoвoлoмoк c кpиптoй? Кaк мoжнo пpятaть cвoи битoчки oт пocтopoнниx глaз? Huh Paзгaдывaeм нeдaвниe дaвниe гoлoвoлoмки Энди Бayчa вмecтe
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February 26, 2017, 04:15:38 PM
 #7720


Maybe. But now it is absolutely clear that the price will not grow much during the month.
[/quote]
what is the reason ?
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