[ANN] FACTOM - Introducing Honesty to Record-Keeping

[narutos]

what a shitcoin dump to 50k sat. 32 month low. 96% down since ath. holy the king of shitcoin. factom!

The ATH was ridiculous high. The same is true for thousands of other projects as well. It's never smart to focus on the Highs as reference.

And Factom isn't the only project that lost a lot recently. But at least, Factom has some good news and is on a way to become used in the real world, not just as a Pump and Dump:

Authority Node Operator to secure construction worker digital identities on Factom’s blockchain
https://factombeat.com/2018/08/13/secure-construction-digital-identities-on-factom/

Factom is one of the few crypto project with working products and 500 companies partnerships, at least its doing better in this bear market than most other coins

[narutos]

94% down since ath. nice project? lol.  cant even update their wallet in poloniex

Blockchain record-tracking company Factom is taking a $6 million investment from an investment firm that’s traded on a submarket of the London Stock Exchange (LSE), reports Xconomy (FinTech Fututes’ sister publication).

https://www.bankingtech.com/2018/08/blockchain-record-tracker-factom-gets-6m-investment/

Not just factom, most other coins like 90% down or more from all time high, but at least factom is a legit project with people working diligently to deliver what they promise

[broadhurst]

With Factom it is always "There is something about to happen, or "They have solutions to real world problems"  been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness

[keenee]

Good ICO, great project of record keeping.

[GrossBit]

With Factom it is always "There is something about to happen, or "They have solutions to real world problems"  been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness

finally someone gets it

[darkpardss]

With Factom it is always "There is something about to happen, or "They have solutions to real world problems"  been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness

exactly. market bounce already but factom still negative. just bounce from 50k dump. and notice selling bots really in factom in the last 2 months. shorts in polo are in real big profits right now.

[employees]

Very good project.

[bitChipper]

With Factom it is always "There is something about to happen, or "They have solutions to real world problems"  been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness

finally someone gets it

God its not just vaporware it gets used in the real world:

This baoquan.com company used factom to secure rights ownership
https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules/

DHS using Factom
https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k

Scanned documents being anchored
https://www.reddit.com/r/factom/comments/8w17nx/sphereon_brings_blockchainanchored_proof_of/

You both just don't get it, all you look at is the price, if factom were up 100% and in the top 10 on CMC you would be in here praising it like its the second coming of Jesus. If you are going to call factom vaporware you better be ready to call almost all other altcoins vaporware.

[broadhurst]

With Factom it is always "There is something about to happen, or "They have solutions to real world problems"  been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness

finally someone gets it

God its not just vaporware it gets used in the real world:

This baoquan.com company used factom to secure rights ownership
https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules/

DHS using Factom
https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k

Scanned documents being anchored
https://www.reddit.com/r/factom/comments/8w17nx/sphereon_brings_blockchainanchored_proof_of/

You both just don't get it, all you look at is the price, if factom were up 100% and in the top 10 on CMC you would be in here praising it like its the second coming of Jesus. If you are going to call factom vaporware you better be ready to call almost all other altcoins vaporware.

Yes, I would be prepared to call 95% of altcoins vaporware - getting back to the price, there do not seem to be enough Factom hodlers who believe in it to support it's price at a reasonable level - I actually bought Factom at around the $2 range so I am not a here today gone tomorrow cry baby, however I do not want to hold onto a coin that does not seem to have much grass roots support.

[waqasniaz007]

 It will be interesting to see what happens when, or if, Factom becomes so popular, This could prove as a very promising project, The technology focuses on resolving three problems that are usually associated with the Bitcoin network.

[egetrorx]

Meet Factomize, one of Factom's first Authority Node Operators, including their interview, timeline and team: http://bit.ly/2Mj9oj7

[Krezz2017]

A question for analysts. When? Or is it worth waiting for? Is it worth it to hope for the growth of this coin or is it all already? Crypta is dead?

[narutos]

A question for analysts. When? Or is it worth waiting for? Is it worth it to hope for the growth of this coin or is it all already? Crypta is dead?

Nah, crypto will never be dead, market can be bull or bear, over time, we should see giants projects emerge that might be the next amazon, ebay, google,yahoo,etc...

[narutos]

It will be interesting to see what happens when, or if, Factom becomes so popular, This could prove as a very promising project, The technology focuses on resolving three problems that are usually associated with the Bitcoin network.

Factom is one of the few crypto projects that provide real working products, currently working with the government and fortune 500 companies to factomize their data

[bitChipper]

With Factom it is always "There is something about to happen, or "They have solutions to real world problems"  been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness

finally someone gets it

God its not just vaporware it gets used in the real world:

This baoquan.com company used factom to secure rights ownership
https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules/

DHS using Factom
https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k

Scanned documents being anchored
https://www.reddit.com/r/factom/comments/8w17nx/sphereon_brings_blockchainanchored_proof_of/

You both just don't get it, all you look at is the price, if factom were up 100% and in the top 10 on CMC you would be in here praising it like its the second coming of Jesus. If you are going to call factom vaporware you better be ready to call almost all other altcoins vaporware.

Yes, I would be prepared to call 95% of altcoins vaporware - getting back to the price, there do not seem to be enough Factom hodlers who believe in it to support it's price at a reasonable level - I actually bought Factom at around the $2 range so I am not a here today gone tomorrow cry baby, however I do not want to hold onto a coin that does not seem to have much grass roots support.

Grass roots support?! Did you not click on any of the links I gave you? Do you even follow the reddit and what the ANOs are doing?

[atree]

It seems that so many of you are mentioning all of the excellent news coming from factom and rightly so , like the dept of homeland security stuff and the microsoft cash input to name but two , however a coin with these kind of moves forward while dropping constantly in dollar value is worrying me slightly , yes the markets overall are moving like a train with its brakes on , but i expected more from factom , maybe i believed in it far too much .

[GlobalProtection]

https://coinmarketcap.com/currencies/factom/

Is Factom intentionally hiding the total supply of tokens?

Why only circulating supply mentioned?

What is the total supply of Factom tokens?

[muleroaa]

https://coinmarketcap.com/currencies/factom/

Is Factom intentionally hiding the total supply of tokens?

Why only circulating supply mentioned?

What is the total supply of Factom tokens?

Not sure why the Total Supply is not mentioned but the inflation rate since M3 is 876,000 FCT per year, each year. Might be good for the team to contact Coinmarketcap about this.

https://www.reddit.com/r/factom/comments/5muapz/how_much_will_be_the_total_supply_how_to_store/

[GlobalProtection]

Not sure why the Total Supply is not mentioned but the inflation rate since M3 is 876,000 FCT per year, each year. Might be good for the team to contact Coinmarketcap about this.

https://www.reddit.com/r/factom/comments/5muapz/how_much_will_be_the_total_supply_how_to_store/

Can someone find the total limit of coins that can me mined and the total limit that will be allowed in circulation?

Thanks

[zis700]

From a technical point of view,How does FACTOM solve the problem of Blockchain bloat?