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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115841 times)
MaGNeT
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March 06, 2016, 11:43:04 AM
 #1901

Going off..

8  Factom    $ 20,293,797    $ 2.32    8,753,363 FCT *    $ 3,534,270    92.87 %

Can it get to $10?

8-12$ after Milestone 2 release.
20-25$ after Q2.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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whiteorg72
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March 06, 2016, 11:48:43 AM
Last edit: March 06, 2016, 11:59:06 AM by whiteorg72
 #1902

Going off..

8  Factom    $ 20,293,797    $ 2.32    8,753,363 FCT *    $ 3,534,270    92.87 %

Can it get to $10?

8-12$ after Milestone 2 release.
20-25$ after Q2.

If Factom catch up Ethereum, will cost $100 for FCT coin.
All still have time to buy FCT now and to get rich before the end of this year Grin
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March 06, 2016, 12:44:19 PM
Last edit: March 06, 2016, 01:21:57 PM by whiteorg72
 #1903

China is now strenuously to buy FCT and will soon catch up Polo exchange. Let's wait for the alignment of courses.
Within 24 hours, we should see that both exchange will be equal to the price FCT.
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March 06, 2016, 12:48:35 PM
 #1904

whiteorg72,  why do you compare ethereum and factom, arent they completely different?Smiley
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March 06, 2016, 12:50:30 PM
 #1905

1) Is there any news which have caused the 100%+ increase over the last days? I have followed the thread but I could not identify something that could be the reason?

2) Factom uses the Bitcoin blockchain to store data. How is Factom affected through the current Bitcoin blocksize and consensus debate? Could it be fear for Factom?

1.  There isn't specific news I'm aware of.  I believe people are simply coming to understand the value and utility of FCT coupled with a nice squeezing of the shorts on Poloniex.

2.  It doesn't matter as FCT can be anchored into pretty much any blockchain.  In addition to anchoring into Bitcoin, the developers are planning to anchor into Ethereum as well.  Other coins can be added as necessary or desired by the developers.
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March 06, 2016, 12:51:32 PM
 #1906

Totally absurd comparison and whiteorg is always just a pumper - ignore list him and your mind will be clear of distractions. I like Factom, I hope it does well and continues to grow - but the idea that it will "pass" Ethereum before the year is over is at best a pumpers ramble.

whiteorg72,  why do you compare ethereum and factom, arent they completely different?Smiley
whiteorg72
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March 06, 2016, 01:01:20 PM
 #1907

whiteorg72,  why do you compare ethereum and factom, arent they completely different?Smiley

I know that they are different and have different goals. I just do the comparison and does not tie Factom and Ethereum. Just need something to compare Factom with anything. For example, took the Ethereum and nothing more.
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March 06, 2016, 01:07:15 PM
 #1908

Totally absurd comparison and whiteorg is always just a pumper - ignore list him and your mind will be clear of distractions. I like Factom, I hope it does well and continues to grow - but the idea that it will "pass" Ethereum before the year is over is at best a pumpers ramble.

whiteorg72,  why do you compare ethereum and factom, arent they completely different?Smiley

No one knows how much it will cost Ethereum end of the year and more so no one knows how much it will cost Factom until the end of the year . You can ensure that the Factom will not cost $100 before the end of the year? If China begins to use the full force of the Factom project, we may well see the this price FCT or even more. You may not know this, so do not need to be advised not to listen to others. Everyone themselves will think that he was listening to, and what is not.
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March 06, 2016, 01:40:52 PM
 #1909

What's the development status now, is Milestone2 completed?

Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
whiteorg72
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March 06, 2016, 01:44:30 PM
 #1910

What's the development status now, is Milestone2 completed?

No. Completion of Milestone2 was planned before the end of the 1st quarter of 2016 (March 31). Let's see whether the developers will be able to be enclosed up to expiry 1st quarter.
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March 06, 2016, 02:18:40 PM
 #1911

Why is FCT pumping now? Is there any news to back this up or is just crazy traderz?

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March 06, 2016, 02:34:02 PM
 #1912

Why is FCT pumping now? Is there any news to back this up or is just crazy traderz?

There are a lot of news lately. They are all here - https://twitter.com/factomproject
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March 06, 2016, 02:35:14 PM
 #1913

Factom firma acuerdos estratégicos para adentrarse en el mercado chino.
http://criptonoticias.com/factom-firma-acuerdos-estrategicos-para-adentrarse-en-el-mercado-chino
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March 06, 2016, 02:46:33 PM
 #1914

yes well whilst the price on Polo is 700k the price on YuanBao is only 450k!

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March 06, 2016, 02:51:10 PM
 #1915

yes well whilst the price on Polo is 700k the price on YuanBao is only 450k!

https://bitcointalk.org/index.php?topic=850070.msg14114192#msg14114192
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March 06, 2016, 02:53:06 PM
 #1916

I heard of some rumors about integration with Ethereum, is that correct? LINK/source?
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March 06, 2016, 02:57:11 PM
 #1917

I heard of some rumors about integration with Ethereum, is that correct? LINK/source?

There is still no source of it. Just Brian Derry talked about this at the time, then that Factom will be used in the future Ethereum blockchain.

Under the co-operation now, many talk about it:

"Ethereum founder Vitalik Buterin’s fund Fenbushi was an early investor in Factom."
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March 06, 2016, 03:07:21 PM
Last edit: March 06, 2016, 03:30:44 PM by tyz
 #1918

Okay, thanks a lot!
Another question to your answer to 2)
Could Factom work with several blockchains simultaneously or must it focus on one blockchain, no matter whether Ethereum, Bitcoin,... blockchain?

1) Is there any news which have caused the 100%+ increase over the last days? I have followed the thread but I could not identify something that could be the reason?

2) Factom uses the Bitcoin blockchain to store data. How is Factom affected through the current Bitcoin blocksize and consensus debate? Could it be fear for Factom?

1.  There isn't specific news I'm aware of.  I believe people are simply coming to understand the value and utility of FCT coupled with a nice squeezing of the shorts on Poloniex.

2.  It doesn't matter as FCT can be anchored into pretty much any blockchain.  In addition to anchoring into Bitcoin, the developers are planning to anchor into Ethereum as well.  Other coins can be added as necessary or desired by the developers.

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March 06, 2016, 03:17:18 PM
 #1919

I heard of some rumors about integration with Ethereum, is that correct? LINK/source?

The only things I know about the Factom / Ethereum relationship is:

- Factom will anchor data in both Bitcoin and Ethereum blockchain
- Vitalik Buterin (ETH founder) stated in an interview that he invested in Factom
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March 06, 2016, 03:18:08 PM
 #1920

I m with whiteorg72 on this one. Factom can and should surpass Ether. Do not forget Ether s got significant supply coming in from thousands of miners every day. What do they do? They immediately cash in for BTC and keep price suppressed.

There s no additional daily supply of Factoids, at least ATM. Not a single one. Current amount is limited.


If China gets in onto Factom, the price might reach 10$ easily.


This is not pumping, this has always been my personal opinion, even pre-this pump. However, one must have in mind the fact both Ether and Factom are heavily bot populated markets. Which means not only market conditions determine the price but also traders and speculators.

Be careful what you do and never invest what you cannot afford to lose.

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