Fargo
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July 28, 2015, 03:46:31 PM |
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What is the price of FACTOM?
2x 1/2 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Whatever someone is willing to pay. I mean is there a current rate? It is not on an exchange yet, so there is no price. Usually after these types of crowd sales theres a huge dump. But I imagine this will be different, as it's been like 5 months since users bought their coins. Not the typical pump/dump altcoin. But we will see I guess. Also keep in mind, the bitcoin price has raised a lot since these users bought their factoids. 4,379,973 were sold for a total of 2,278 BTC . Making 1 BTC worth 1,923 factoids. Making 1 factoid worth .00052 BTC / or $0.15
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Jdj1727
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July 28, 2015, 04:00:02 PM |
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What is the price of FACTOM?
2x 1/2 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Whatever someone is willing to pay. I mean is there a current rate? It is not on an exchange yet, so there is no price. Usually after these types of crowd sales theres a huge dump. But I imagine this will be different, as it's been like 5 months since users bought their coins. Not the typical pump/dump altcoin. But we will see I guess. Also keep in mind, the bitcoin price has raised a lot since these users bought their factoids. 4,379,973 were sold for a total of 2,278 BTC . Making 1 BTC worth 1,923 factoids. Making 1 factoid worth .00052 BTC / or $0.15 Thank you. I'll be watching this closely.
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bubbletea789
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July 29, 2015, 12:38:20 AM |
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Please get your facts straight before making advices. factom sale ended around the third week of May, so at max it was around 2+ months ago.
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WhoCaresCoins
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July 29, 2015, 12:45:38 PM |
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I'm waiting to sell this token ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Fargo
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July 29, 2015, 04:17:19 PM |
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Please get your facts straight before making advices. factom sale ended around the third week of May, so at max it was around 2+ months ago.
I was not making "advices". I did not say factoids will go up nor down. In fact my point was that I can not think of a similar situation ( waiting 2, or 5 months for users to obtain use of their token ) so I have no clue what to expect.
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NextGenCrypto
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July 29, 2015, 04:35:07 PM |
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Please get your facts straight before making advices. factom sale ended around the third week of May, so at max it was around 2+ months ago.
I was not making "advices". I did not say factoids will go up nor down. In fact my point was that I can not think of a similar situation ( waiting 2, or 5 months for users to obtain use of their token ) so I have no clue what to expect. Ethereum, but that's a real project.
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Fargo
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July 30, 2015, 03:53:35 PM Last edit: July 30, 2015, 09:12:30 PM by Fargo |
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email i just got: Update On Factom
This week our development team has been hard at work fixing bugs discovered in the RC1. Primarily they have been working on network and data structures. We anticipate that RC2 will be available shortly thanks in part to the hard work of our volunteer testers. We feel deeply appreciative for all the work that has gone into this project from our community. In Other NewsThe development team has determined that Ireland will be the best place to put our servers. They will be migrating them there this weekend. The Factom Foundation helped sponsor HackCoin’s hackathon in London last week. Congratulations to the winning team: James Carlyle, Christiana Imafidon, Warren Puckett and Colin Platt. The next hackathon for HackCoin will be in Mumbai next week. Check out last week’s event here. Below is a video of Tiana and Peter discussing Factom and cool things that can be built on it.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fgallery.mailchimp.com%2F30ef620b083ec2bf07eef89b9%2Fimages%2Fff78bac6-be13-48e9-9614-c603018e6118.png&t=665&c=ATMic0LDAoN-_w)
Thank you for being an awesome and supportive community.
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FACTOM (OP)
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July 30, 2015, 07:56:15 PM |
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Fargo
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July 30, 2015, 09:11:31 PM |
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Figured I would share for users not in the newsletter. Keep up the good work!
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coins101
Legendary
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Activity: 1456
Merit: 1000
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July 31, 2015, 12:29:12 AM |
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Interesting white paper.
I may have missed it, but how are you sending transactions to Bitcoin from Factom in order to record a hash of an activity?
Is Factom actually using Bitcoins as entry credits or something similar?
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-Greed-
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July 31, 2015, 04:28:30 PM |
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This is third quarter, when will this show hit the road?
Shouldn't be much longer, we are releasing weekly updates on progress. The Beta will be released once Release Candidate 2 is out and has been thoroughly tested. Beta goes after RC? WAT? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Anyway, can't wait for a stable release.
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FACTOM (OP)
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August 04, 2015, 03:46:14 AM |
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Interesting white paper.
I may have missed it, but how are you sending transactions to Bitcoin from Factom in order to record a hash of an activity?
Is Factom actually using Bitcoins as entry credits or something similar?
Federated servers will be hashing entries on the Bitcoin blockchain. To do that they will have to hold some BTC for the Tx fees. Factoids get converted to entry credits which allow to hash entries through Factom but ultimately there is still need for BTC to anchor the entries to the blockchain.
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Aktor
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August 06, 2015, 07:04:29 AM |
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Can I buy FACTOM from someone..?
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FACTOM (OP)
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August 06, 2015, 12:59:29 PM Last edit: August 08, 2015, 03:13:09 PM by FACTOM |
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4jefflee
Newbie
Offline
Activity: 43
Merit: 0
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August 06, 2015, 03:41:28 PM |
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Trying to find my passphrase... Is it a string of words or letters/numbers?? Thanks for any help.
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MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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August 08, 2015, 10:21:16 AM |
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Trying to find my passphrase... Is it a string of words or letters/numbers?? Thanks for any help.
Words.
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Aktor
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August 09, 2015, 05:44:18 PM |
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What was the crowdsale price and how many Factoms would be in future
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FACTOM (OP)
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August 11, 2015, 05:19:27 PM |
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Not at the beginning, the beta will be a command line tool and will require installations of requirements. There will be a GUI and a easier to use binaries in future releases.
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FACTOM (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 11, 2015, 05:23:06 PM |
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What was the crowdsale price and how many Factoms would be in future
Token sale price varied from 2000 factoids to 1500 per BTC at different sale stages. We can't eastimate exactly how many factoids there will be in the future but once the network goes live a percentage of initial factoids (about 8 million) will be generated each year by the network to reward federated servers to help support the platform.
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NextGenCrypto
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August 11, 2015, 05:53:19 PM |
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Not at the beginning, the beta will be a command line tool and will require installations of requirements. There will be a GUI and a easier to use binaries in future releases. You've got to be fucking kidding me...all of those funds and you can't release a simple GUI with the first release? This will dump exactly like Ether did. If anyone wants to buy mine off me, let me know. This is nonsense.
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