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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2111202 times)
siaubas
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March 19, 2017, 05:52:13 PM
 #7921

It looks like they are desperate to keep it down. Trading at the bottom of the support.
FCT moves on thin air, very few available, despite of what is supposedly available in the order book.
Just waiting for a pop =)
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March 19, 2017, 07:04:47 PM
 #7922

If someone buys entry credits with dollars where are those burned factoids taken from?

How much dollars does it cost to buy storage? A factoid could not be considered to be worth more than the equivalent dollar value that it costs to buy entry tokens for factom blockchain storage right?

Do you even read?

FCT/ FACTOM should be awared as the slowest coin of the era .. Tongue Grin

XMR PUMED  , ETH PUMPED , ECT Pumped , Zcash Pumped , DASH super PUMPED. ALL pumped almost double their previous value
BUT EXCEPT FCT DUMPED ..  Shocked Undecided

Once more, go hold those pumped coins. Cause we all know what happens to pumped coins.....

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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March 19, 2017, 07:58:46 PM
 #7923

FCT loosing their investors ..
Can we see why FCT loosing their price and getting down..
Really slow slow coin
You're wrong. Factom has many clients in real world that are using the factom protocol. And real investors don't leave the project because it very fast increases. When exodus is released it means that m2 is completely stable. And it's possible that the clients will start to use their soft with ECs.

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
siaubas
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March 19, 2017, 08:17:19 PM
 #7924

FCT loosing their investors ..
Can we see why FCT loosing their price and getting down..
Really slow slow coin
You're wrong. Factom has many clients in real world that are using the factom protocol. And real investors don't leave the project because it very fast increases. When exodus is released it means that m2 is completely stable. And it's possible that the clients will start to use their soft with ECs.
.004+ days away, .006+ by mid April or sooner.
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March 19, 2017, 08:22:12 PM
 #7925

.004+ days away
You're an optimist, but who knows...  Smiley

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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March 19, 2017, 08:33:53 PM
 #7926

.004+ days away
You're an optimist, but who knows...  Smiley
1. I am an optimist =)
2. Regardless, 0.004+ is coming soon. I'd be surprised, if it didn't get there by Thursday.
3. Sometimes I'm wrong, but I do not draw my predictions out of thin air.
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March 19, 2017, 08:43:08 PM
 #7927

.004+ days away
You're an optimist, but who knows...  Smiley
1. I am an optimist =)
2. Regardless, 0.004+ is coming soon. I'd be surprised, if it didn't get there by Thursday.
3. Sometimes I'm wrong, but I do not draw my predictions out of thin air.


I agree because of two points:

1) Exodus in about 10 days and I expect anticipation on the market
2) A lot of signs that there could be something in April, maybe a new partnership.

And last but not least and most important: M2 seems stable now, Bitcoins hype is interrupted, Factom is damn cheap in comparison with some others. I would be surprised if not some Poloniex-money would flow into it.
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March 19, 2017, 08:52:54 PM
 #7928

.004+ days away
You're an optimist, but who knows...  Smiley
1. I am an optimist =)
2. Regardless, 0.004+ is coming soon. I'd be surprised, if it didn't get there by Thursday.
3. Sometimes I'm wrong, but I do not draw my predictions out of thin air.


I agree because of two points:

1) Exodus in about 10 days and I expect anticipation on the market
2) A lot of signs that there could be something in April, maybe a new partnership.

And last but not least and most important: M2 seems stable now, Bitcoins hype is interrupted, Factom is damn cheap in comparison with some others. I would be surprised if not some Poloniex-money would flow into it.
Fundamental things you mentioned do not hurt.
Charts just give it a more precise slope/timing when and where it is going, support and resistance levels. And then you get a perfect storm if you time/plan your news announcements into the chart strengths.
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March 19, 2017, 09:40:29 PM
 #7929

FCT is one of the biggest manipulated coin on polo, dont trust the orderbooks its all fake
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March 20, 2017, 05:46:15 AM
 #7930

.004+ days away
You're an optimist, but who knows...  Smiley
1. I am an optimist =)
2. Regardless, 0.004+ is coming soon. I'd be surprised, if it didn't get there by Thursday.
3. Sometimes I'm wrong, but I do not draw my predictions out of thin air.


I agree because of two points:

1) Exodus in about 10 days and I expect anticipation on the market
2) A lot of signs that there could be something in April, maybe a new partnership.

And last but not least and most important: M2 seems stable now, Bitcoins hype is interrupted, Factom is damn cheap in comparison with some others. I would be surprised if not some Poloniex-money would flow into it.

Yes, I ve seen this as well. Pits and pieces of potential great news in April coming from 3 different sources. It does not have to mean anything but I think I ll play the card something s about to emerge.

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scamalert0
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March 20, 2017, 09:15:26 AM
 #7931

If someone buys entry credits with dollars where are those burned factoids taken from?

How much dollars does it cost to buy storage? A factoid could not be considered to be worth more than the equivalent dollar value that it costs to buy entry tokens for factom blockchain storage right?

Do you even read?

FCT/ FACTOM should be awared as the slowest coin of the era .. Tongue Grin

XMR PUMED  , ETH PUMPED , ECT Pumped , Zcash Pumped , DASH super PUMPED. ALL pumped almost double their previous value
BUT EXCEPT FCT DUMPED ..  Shocked Undecided

Once more, go hold those pumped coins. Cause we all know what happens to pumped coins.....
I think you don't believe in ETH, XMR,DASH ,ZEC..tell me who has hold these coins and don't get profit of almost 3× ..
They are most trusted coins in crypto market after BTC..
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March 20, 2017, 09:48:14 AM
 #7932

If someone buys entry credits with dollars where are those burned factoids taken from?

How much dollars does it cost to buy storage? A factoid could not be considered to be worth more than the equivalent dollar value that it costs to buy entry tokens for factom blockchain storage right?

Do you even read?

FCT/ FACTOM should be awared as the slowest coin of the era .. Tongue Grin

XMR PUMED  , ETH PUMPED , ECT Pumped , Zcash Pumped , DASH super PUMPED. ALL pumped almost double their previous value
BUT EXCEPT FCT DUMPED ..  Shocked Undecided

Once more, go hold those pumped coins. Cause we all know what happens to pumped coins.....
I think you don't believe in ETH, XMR,DASH ,ZEC..tell me who has hold these coins and don't get profit of almost 3× ..
They are most trusted coins in crypto market after BTC..


I d wait for a couple of weeks before I make that decision. Holding them means nothing until a point you exchange them for BTC or cash. Once this inflated market starts to deflate, people will lose lots of money cause when dumps happen, someone s got to lose money.

It s not that I do not believe in these ZEC or XMR but I do not believe in those coins enough to justify 80% daily growth. Based on what? What does Zcash bring to the table to it s so important?

Factom, on the other hand, s got strong fundamentals. A revolutionary service where Factoids can be used. Microsoft and Homeland security behind it. The only thing it does not have re MINERS! Tons of people mining and selling and buying and generating volume and potential pumps.

Still, I like my growth to be based on fundamentals, I was never into pumping and dumping cause in order for you to profit from these, somebody needs to lose money in the end.


For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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March 20, 2017, 10:26:08 AM
 #7933

If I belive in Factom why should I not buy Factom stocks instead of factoids?
olarsson
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March 20, 2017, 10:45:29 AM
 #7934

Have you ever asked your self the question how many Factom Entry Credids (EC) you will get for one Factoid (FCT) and how that is related to the FCT price?
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March 20, 2017, 10:59:51 AM
 #7935

If I belive in Factom why should I not buy Factom stocks instead of factoids?

So go buy stocks, what s the problem there?

I really do not understand troll mentality here. If you do not like some coin/token/service and you like some other coin/token/service, why you waste time and energy on the thread of coind/token/service you dislike? Sell you stuff and move to that side where you feel comfortable, right?

There s big difference between stock and token, in terms of potential reward but also in terms of actual investment.

Most of people here come and cry how come Factom has not duplicated Dash price rise. Let me go back to these people and ask them, why didnt u buy Dash or Ether or Zcash or whatever when it was $1? Exactly due to the same reason you do not buy Factom now, u probably spent time on their forums saying how those coins re shit. That kind of mentality makes you start appreciating something once it has skyrocked in price. At that point, it s too late, my friends.

You need to seize the opportunity BEFORE it has started to grow and expand. That s the whole point of investing.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
olarsson
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March 20, 2017, 11:47:26 AM
 #7936

If I belive in Factom why should I not buy Factom stocks instead of factoids?

So go buy stocks, what s the problem there?

I really do not understand troll mentality here. If you do not like some coin/token/service and you like some other coin/token/service, why you waste time and energy on the thread of coind/token/service you dislike? Sell you stuff and move to that side where you feel comfortable, right?

There s big difference between stock and token, in terms of potential reward but also in terms of actual investment.

Most of people here come and cry how come Factom has not duplicated Dash price rise. Let me go back to these people and ask them, why didnt u buy Dash or Ether or Zcash or whatever when it was $1? Exactly due to the same reason you do not buy Factom now, u probably spent time on their forums saying how those coins re shit. That kind of mentality makes you start appreciating something once it has skyrocked in price. At that point, it s too late, my friends.

You need to seize the opportunity BEFORE it has started to grow and expand. That s the whole point of investing.

I try to understand why I should buy FCT and I have not got any good answer yet. As I understand it factoids are totally superficial and the Factom project could very well get rid of them without impairing any functionality.

Please consider answering my question:

How many Factom Entry Credids (EC) will you get for one Factoid (FCT) and how is that related to the FCT price?

The answer will be very surprising to you I think.

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March 20, 2017, 02:04:30 PM
 #7937

If I belive in Factom why should I not buy Factom stocks instead of factoids?

So go buy stocks, what s the problem there?

I really do not understand troll mentality here. If you do not like some coin/token/service and you like some other coin/token/service, why you waste time and energy on the thread of coind/token/service you dislike? Sell you stuff and move to that side where you feel comfortable, right?

There s big difference between stock and token, in terms of potential reward but also in terms of actual investment.

Most of people here come and cry how come Factom has not duplicated Dash price rise. Let me go back to these people and ask them, why didnt u buy Dash or Ether or Zcash or whatever when it was $1? Exactly due to the same reason you do not buy Factom now, u probably spent time on their forums saying how those coins re shit. That kind of mentality makes you start appreciating something once it has skyrocked in price. At that point, it s too late, my friends.

You need to seize the opportunity BEFORE it has started to grow and expand. That s the whole point of investing.

I try to understand why I should buy FCT and I have not got any good answer yet. As I understand it factoids are totally superficial and the Factom project could very well get rid of them without impairing any functionality.

Please consider answering my question:

How many Factom Entry Credids (EC) will you get for one Factoid (FCT) and how is that related to the FCT price?

The answer will be very surprising to you I think.



It's not that hard to understand man, Entry Credits are pulled straight from Factoids AFAIK, they are not created from thin air. If there's enough demand for them this will burn a lot of the supply. So it depends on how succesful Factom will be, and the same applies with buying company shares. If there's not enough clients or interest both Factom price and company shares will plummet.
olarsson
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March 20, 2017, 02:53:02 PM
 #7938

If I belive in Factom why should I not buy Factom stocks instead of factoids?

So go buy stocks, what s the problem there?

I really do not understand troll mentality here. If you do not like some coin/token/service and you like some other coin/token/service, why you waste time and energy on the thread of coind/token/service you dislike? Sell you stuff and move to that side where you feel comfortable, right?

There s big difference between stock and token, in terms of potential reward but also in terms of actual investment.

Most of people here come and cry how come Factom has not duplicated Dash price rise. Let me go back to these people and ask them, why didnt u buy Dash or Ether or Zcash or whatever when it was $1? Exactly due to the same reason you do not buy Factom now, u probably spent time on their forums saying how those coins re shit. That kind of mentality makes you start appreciating something once it has skyrocked in price. At that point, it s too late, my friends.

You need to seize the opportunity BEFORE it has started to grow and expand. That s the whole point of investing.

I try to understand why I should buy FCT and I have not got any good answer yet. As I understand it factoids are totally superficial and the Factom project could very well get rid of them without impairing any functionality.

Please consider answering my question:

How many Factom Entry Credids (EC) will you get for one Factoid (FCT) and how is that related to the FCT price?

The answer will be very surprising to you I think.



It's not that hard to understand man, Entry Credits are pulled straight from Factoids AFAIK, they are not created from thin air. If there's enough demand for them this will burn a lot of the supply. So it depends on how succesful Factom will be, and the same applies with buying company shares. If there's not enough clients or interest both Factom price and company shares will plummet.

No one has addressed the fact that the price of FCT can be manipulated by Factom changing the ratio of FCT to EC. And they can control the desirability of purchasing FCT by altering the price of EC at their shop.
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March 20, 2017, 03:25:46 PM
 #7939

If I belive in Factom why should I not buy Factom stocks instead of factoids?

So go buy stocks, what s the problem there?

I really do not understand troll mentality here. If you do not like some coin/token/service and you like some other coin/token/service, why you waste time and energy on the thread of coind/token/service you dislike? Sell you stuff and move to that side where you feel comfortable, right?

There s big difference between stock and token, in terms of potential reward but also in terms of actual investment.

Most of people here come and cry how come Factom has not duplicated Dash price rise. Let me go back to these people and ask them, why didnt u buy Dash or Ether or Zcash or whatever when it was $1? Exactly due to the same reason you do not buy Factom now, u probably spent time on their forums saying how those coins re shit. That kind of mentality makes you start appreciating something once it has skyrocked in price. At that point, it s too late, my friends.

You need to seize the opportunity BEFORE it has started to grow and expand. That s the whole point of investing.

I try to understand why I should buy FCT and I have not got any good answer yet. As I understand it factoids are totally superficial and the Factom project could very well get rid of them without impairing any functionality.

Please consider answering my question:

How many Factom Entry Credids (EC) will you get for one Factoid (FCT) and how is that related to the FCT price?

The answer will be very surprising to you I think.



It's not that hard to understand man, Entry Credits are pulled straight from Factoids AFAIK, they are not created from thin air. If there's enough demand for them this will burn a lot of the supply. So it depends on how succesful Factom will be, and the same applies with buying company shares. If there's not enough clients or interest both Factom price and company shares will plummet.

No one has addressed the fact that the price of FCT can be manipulated by Factom changing the ratio of FCT to EC. And they can control the desirability of purchasing FCT by altering the price of EC at their shop.

Because the conversion rate can not be changed just like that. The conversion rate is 0.1 cent per entry credit. Only time when this could change is during the transition to Milestone 3. And then not even Factom gets to choose the conversion rate, but the people who will run the servers do.
The price of an entry credit can be higher in the shop, because Factom will do the conversion for you. Still 0.1 cent of Factoids are burned per entry credit, some companies just overpay to avoid the hassle.

Don't state facts when you don't know shit.
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March 20, 2017, 03:35:20 PM
 #7940

Factom broke 100 million records today, a small initial milestone for the system as most of this activity is POC testing and not full commercialization. Should get very interesting once we start to see some of the larger MOUs(Ancun/Smartrac) turn on later in the year.

FACTOM LIVE USAGE

The Factom Foundation's protocol is already in use, and it's growing every day.

100,002,181 Records 7,226,028 Entries 80,816 Anchors
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