[ANN] FACTOM - Introducing Honesty to Record-Keeping

[zzzman20]

FCT needs to be taken down off of Yuanbaohui. They don't allow international customers, so arbitrage is impossible, and price on YBH is being suppressed to 35% cheaper than on Polo. Then they send massive amounts over, dump it on polo, and hoard the BTC back to China. They don't give a crap about FCT, it's just a tool for them to hoard more BTC. It needs to get off of that piece of !#$% exchange ASAP.

We appreciate the feedback however the Chinese market is important for us as we are working with several companies out there.
Also how do you know the Chinese are doing what you say they are doing?

We know for a fact that our Chinese partners require FCT for their own testing purposes and in the future to run their systems of records.
What you are saying is your own opinion and should be treated as such. We do not promote speculation of FCT we have always been clear what FCT are used for but on the other end we cannot stop people doing what they want on the free open market which we don't control.

zzzman20 : Chill brother , arbitrage by itself isn't all that ethical. Also, you would not be complaining if you were on the other side of this, would you?

Arbitrage keeps market prices equal, it's a good and necessary thing in trading. And YBH isn't even letting their own customers withdraw FCT, it's the exchange itself doing it. But anyway... this is all just my opinion I don't know if this is really going on or not, and in the long run it's not going to matter. Pretty annoying though

[regexlove]

Arbitrage keeps market prices equal, it's a good and necessary thing in trading. And YBH isn't even letting their own customers withdraw FCT, it's the exchange itself doing it. But anyway... this is all just my opinion I don't know if this is really going on or not, and in the long run it's not going to matter. Pretty annoying though

So they should either do arbitrage live/often - or else it will be a one-way-market/trap for some (besides interesting for us to see these days, that hype/pump started locally only) - Maybe you can add a screenshot of them denying to withdraw Factom to my thread here?
 https://bitcointalk.org/index.php?topic=1390070

Can anyone translate this page more accurately?
........
EDIT: seems they just need to resync with the blockchain in which case we'll see a flood of FCT come out onto the other exchanges and correct the price when its done.

So its just temporary?

- In the night SYS was pumped over 0.00001000 on Poloniex (feburary 22 2016), the popular chinese/international exchange BTC38 did cancel SYS withdrawals "system busy" until their service hours started.
  

[whiteorg72]

FCT BUY ORDERS TOTAL ON POLO EXCHANGE MORE 1000 BTC. NEW RECORD. CONGRATULATIONS!

[throwawayaccount1]

I've accumulated plenty.


Remember March 7 of 2016 the day all short sellers got burned.


Watch me.

[crazyivan]

The only thing we should focus is news about Milestone 2.

[Bytecoiner419]

Let's get Factom added to hitbtc exchange!

Like and retweet this tweet to hitbtc: https://twitter.com/karlmoneyinpjs/status/706904043004796928

let's show them how many of us support Factom.

[whiteorg72]

Let's get Factom added to hitbtc exchange!

Like and retweet this tweet to hitbtc: https://twitter.com/karlmoneyinpjs/status/706904043004796928

let's show them how many of us support Factom.

I'm in January 2016 sent this exchange proposal to add Factom on their exchange. From the management of this exchange is no reaction no followed. Now maybe they changed their position. We will see.

[throwawayaccount1]

New target 0.007. Market has oscillated between 0.005 and 0.006 but as swings get smaller and short-selling becomes more risky a new normal is approaching.


Short-sellers beware.

[Nxtblg]

As predicted due to small developments the FCT price has indeed risen and its above 620k sat on Polo

However i should kick myself of not holding any of the coins

May be in future i will try to keep some when price gets corrected a little bit

You might get a second chance, indirectly, if you have any holdings that have rocketed up recently. That's what I did earlier today, promoting myself from big minnow to small dolphin at an implied price of only 0.0012. Still way above the ICO price, because Factoids have outpaced the alts I cashed in, but an implied second chance nonetheless.

Try looking through any holdings you have...

[throwawayaccount1]

Let's get Factom added to hitbtc exchange!

Like and retweet this tweet to hitbtc: https://twitter.com/karlmoneyinpjs/status/706904043004796928

let's show them how many of us support Factom.

I'm in January 2016 sent this exchange proposal to add Factom on their exchange. From the management of this exchange is no reaction no followed. Now maybe they changed their position. We will see.

You're wasting your time. Finex is the only worthwhile addition.

[crazyivan]

Another large Chinese exchange is a must have. NEM jumped 100% in one day after being added to a large Chinese exchange and I m not talking here about the price.

I m talking about increased adoption.

[whiteorg72]

Another large Chinese exchange is a must have. NEM jumped 100% in one day after being added to a large Chinese exchange and I m not talking here about the price.

I m talking about increased adoption.

You mean BTC38 ?
I applied in January 2016 for them to include Factom in their exchange, they said would think, but did not add.

P.S. I'll write again and requested to add Factom on their exchange. Let's see, is this time they will add a Factom to themselves.

Now I received a response from the BTC38: service staff 小叮当: "Hello.Thank you for your information, we will study carefully."

[whiteorg72]

Finally, on Shapeshift.io you can now exchange your FCT to other crypto currencies or vice-versa buy FCT. Exchange works!

https://shapeshift.io/?pair=btc_fct#

Instant Rate 1.00 BTC = 170.3875 FCT

[crazyivan]

Another large Chinese exchange is a must have. NEM jumped 100% in one day after being added to a large Chinese exchange and I m not talking here about the price.

I m talking about increased adoption.

You mean BTC38 ?
I applied in January 2016 for them to include Factom in their exchange, they said would think, but did not add.

P.S. I'll write again and requested to add Factom on their exchange. Let's see, is this time they will add a Factom to themselves.

Now I received a response from the BTC38: service staff 小叮当: "Hello.Thank you for your information, we will study carefully."

Yes, BTC38 would be the best option. I really do not understand they need to study adding coin with such daily volume. Some people re really allergic to making money.

[whiteorg72]

Another large Chinese exchange is a must have. NEM jumped 100% in one day after being added to a large Chinese exchange and I m not talking here about the price.

I m talking about increased adoption.

You mean BTC38 ?
I applied in January 2016 for them to include Factom in their exchange, they said would think, but did not add.

P.S. I'll write again and requested to add Factom on their exchange. Let's see, is this time they will add a Factom to themselves.

Now I received a response from the BTC38: service staff 小叮当: "Hello.Thank you for your information, we will study carefully."

Yes, BTC38 would be the best option. I really do not understand they need to study adding coin with such daily volume. Some people re really allergic to making money.

When I sends a request to add the Factom on the various exchanges in January 2016, then at the exchange Kraken say me was then told that they do not add new coins because it is a very long procedure and before the addition they need to check all the source code to identify errors and that they had problems with some coins because of this. For example, so they then in January, did not want to add the Factom on the Kraken.
Maybe because of the lengthy verification procedures, many exchange do not want to add to his new coins. For example at the european exchange BTC-E generally opposed the addition of all the coins have had premine or ICO, so they do not want to add Ethereum or Factom.

[whiteorg72]

Paul Snow on Bitcoin/Blockchain Borderline: 50 Shades Of Grey
http://cointelegraph.com/news/bitcoinblockchain-borderline-50-shades-of-grey

[whiteorg72]

Jack Lu, CTO Factom, presents Factom on InnoSpring Inovation Conference in Shanghai (China) today.
InnoSpring is Silicon Valley’s first US-China technology start-up incubator.
https://twitter.com/InnoSpring
https://twitter.com/factomproject

[regexlove]

https://www.reddit.com/r/ethtrader/comments/497gx3/psa_factom_is_not_best_in_class/

[whiteorg72]

https://www.reddit.com/r/ethtrader/comments/497gx3/psa_factom_is_not_best_in_class/

Someone at the time did not have time to buy a lot of the FCT is now biting his elbows, and writes such information. That's just funny.

[regexlove]

have you read it, including answers, factom alternatives..?