Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
|
|
March 09, 2016, 04:07:28 PM |
|
FCT over 0.008 now Down to a little below 0.008 as I write this. To be honest, that's good for my nerves! (Go figure...) Already 0.00825 and will soon see 0.01. Wait. Can't win 'em all. But I am HODLing, still. No plans to sell!
|
|
|
|
stoner19
|
|
March 09, 2016, 04:39:25 PM |
|
Does anyone know anything about audit servers? Is this something that the general public has the ability to do yet? Are there any new FCT being generated or is everything being traded from the crowdfund?
|
|
|
|
regexlove
|
|
March 09, 2016, 04:39:56 PM |
|
No plans to sell! no plans to buy/involve until pump&dump crew left the scene
|
|
|
|
Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
|
|
March 09, 2016, 04:47:34 PM |
|
No plans to sell! no plans to buy/involve until pump&dump crew left the scene There, you and I differ. Had I not thrown ~0.8 BTC into Bitcoindark last night, I prolly would have bought 100 more FCT this morning.
|
|
|
|
Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
|
|
March 09, 2016, 05:48:47 PM |
|
Hey guys. Are there any posts that you know of to try to value Factom (Factoids)? All of these new technologies seem in right now but I'm just trying to diversify a small % of my BTC into alts (as a hedge, as promising new tech, etc.) but it is tough to know what can really be profitable AND useful. No doubt there is a place for many of these alts but as far as value, that is a tough one.
Thanks in advance, Its about sharing
|
BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
|
|
|
neo1947
Sr. Member
Offline
Activity: 449
Merit: 250
don t touch my Bits
|
|
March 09, 2016, 06:14:56 PM |
|
FCT over 0.008 now Down to a little below 0.008 as I write this. To be honest, that's good for my nerves! (Go figure...) Already 0.00825 and will soon see 0.01. Wait. Can't win 'em all. But I am HODLing, still. No plans to sell! “When a wise man points at the moon the imbecile examines the finger.”― Confucius same here holding
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
March 09, 2016, 06:51:12 PM |
|
Hey guys. Are there any posts that you know of to try to value Factom (Factoids)? All of these new technologies seem in right now but I'm just trying to diversify a small % of my BTC into alts (as a hedge, as promising new tech, etc.) but it is tough to know what can really be profitable AND useful. No doubt there is a place for many of these alts but as far as value, that is a tough one.
Thanks in advance, Its about sharing
What do yoy meant try to value Factom? As if what will the price be? If we would know that, eh, if you would only know that....
|
|
|
|
Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
|
|
March 09, 2016, 06:56:05 PM |
|
Hey guys. Are there any posts that you know of to try to value Factom (Factoids)? All of these new technologies seem in right now but I'm just trying to diversify a small % of my BTC into alts (as a hedge, as promising new tech, etc.) but it is tough to know what can really be profitable AND useful. No doubt there is a place for many of these alts but as far as value, that is a tough one.
Thanks in advance, Its about sharing
What do yoy meant try to value Factom? As if what will the price be? If we would know that, eh, if you would only know that.... Well, if we look at BTC we can say it is (maybe): a store of value, payment network, back end for ownership (stocks, etc.), hedge against fiat, etc. If we look at Factom we see what? Primarily it is a form of a layer designed to build up on with data (via hashes I think)? So, I'm just trying to have some understanding of that market here. Of course it has been spoken about but I am a bit late here, hence my post asking for pointers. IAS
|
BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
|
|
|
Golstrim
Sr. Member
Offline
Activity: 1456
Merit: 253
Margin Trader
|
|
March 09, 2016, 07:10:07 PM |
|
how many coins should be created, and when the end of the mining of coins? Why not write about it in the theme?
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
March 09, 2016, 08:01:35 PM |
|
how many coins should be created, and when the end of the mining of coins? Why not write about it in the theme?
Cause there s no mining at all and the amount of coins is not increasing at all, at least for now. So currently 0% inflation.
|
|
|
|
tempus
Legendary
Offline
Activity: 1960
Merit: 1128
|
|
March 09, 2016, 09:15:29 PM |
|
how many coins should be created, and when the end of the mining of coins? Why not write about it in the theme?
It's often written about. Until Milestone 3 there will be no inflation. When Milestone 3 will be finished there will be 10% inflation per year (of initial supply), which will be nearly exact 73,000 FCT's per month. At the same time the use of the system will consume Factoids. That means: The more the system is used, the more FCT's will be converted into Entry Credits and that will increase the price - the opposite is also true. Little use of the system would bring pressure on the price.
|
|
|
|
phibay
|
|
March 09, 2016, 09:17:47 PM |
|
Factom got hurt today and soon we'll hear from people losing a ton of coins because of the FCT pump. Anything too good to be true IS too good.
|
|
|
|
tempus
Legendary
Offline
Activity: 1960
Merit: 1128
|
|
March 09, 2016, 09:24:02 PM |
|
Factom got hurt today and soon we'll hear from people losing a ton of coins because of the FCT pump. Anything too good to be true IS too good.
If ppl lose coins because it's shorted they should take a look into the mirror. It's their own responsibility. Nobody needs to sell because of that. I don't give much on those up's and down's, I'm in for the longterm. And by the way: >100% in just 1 week. No reason to complain about the price. When I bought my first Factoids I would have never expected to see that high prices so soon.
|
|
|
|
MaGNeT
Legendary
Offline
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
|
|
March 09, 2016, 09:27:30 PM |
|
Factom got hurt today and soon we'll hear from people losing a ton of coins because of the FCT pump. Anything too good to be true IS too good.
If ppl lose coins because it's shorted they should take a look into the mirror. It's their own responsibility. Nobody needs to sell because of that. I don't give much on those up's and down's, I'm in for the longterm. And by the way: >100% in just 1 week. No reason to complain about the price. When I bought my first Factoids I would have never expected to see that high prices so soon. Yup, bought in april 2015 and still holding... Trend is looking good, don't care about daytrading...
|
|
|
|
pbleak
Legendary
Offline
Activity: 924
Merit: 1001
|
|
March 09, 2016, 09:37:08 PM |
|
Can anyone explain to me the buzz around Factom?
|
|
|
|
tempus
Legendary
Offline
Activity: 1960
Merit: 1128
|
|
March 09, 2016, 09:51:55 PM |
|
Can anyone explain to me the buzz around Factom?
Over the time there were a lot of good news, so Factom got more and more attention. Azure, yuanbaohui, the partnerships in China etc., and Milestone 2 will come soon. And, some days ago there was this information in one article: „Ethereum founder Vitalik Buterin’s fund Fenbushi was an early investor in Factom.“ http://www.financemagnates.com/cryptocurrency/interview/factom-ceo-blockchain-based-transparent-mortgages-can-restore-trust-in-markets/And my personal theory is, that this info brought the attention of Ethereum-Margin-Traders to Factom. I watched it the last days, the lending etc. I didn't watch it the time before but I believe that Margin-Trading is the reason for the extremely high volume the last days (it's all-time-high-volume). It was clearly the reason for the dumping today back to 600k. Nearly no Factoids were left as loans and the interest rate was > 1.5% (which is very high - at the moment 0.1%) for some hours.
|
|
|
|
regexlove
|
|
March 09, 2016, 10:09:04 PM Last edit: March 09, 2016, 11:10:02 PM by regexlove |
|
- this week though is pump&dump without specific new news - most of Yuanbaohui's volume is from pump&dump coins - dangerously high price. Crowdsale in April on koinify was well advertised and price ~ $0.11 per Factoid http://www.ibtimes.co.uk/factom-signs-smart-city-deal-roll-out-blockchain-verification-across-china-1542059 http://www.isoftstone.com try to click on chinese ", which it says offers "28,000 books on the blockchain with only four hashes". (Author did understand factom? Why they keep mentioning this example, because people don't know collections/databases can be verified through a hash just like tiny files?) Wondering why factom.com wants to provide storage (of hashes) for unlimited time, with no recurring fee, when data will get more than existing blockchains easily.
|
|
|
|
throwawayaccount1
Newbie
Offline
Activity: 14
Merit: 0
|
|
March 09, 2016, 11:20:32 PM |
|
https://i.imgur.com/JCZRTp1.png - this week though is pump&dump without specific new news - most of Yuanbaohui's volume is from pump&dump coins - dangerously high price. Crowdsale in April on koinify was well advertised and price ~ $0.11 per Factoid When you speak of pump&dump you hate yourself don't ya? Selling for short-term profit when the long term investors got rewarded.
|
|
|
|
bangomatic
Legendary
Offline
Activity: 1246
Merit: 1000
ARK Team likes to ban and delete posts in reddit.
|
|
March 10, 2016, 12:29:04 AM |
|
is there an existing factom signature block for bitcointalk?
|
|
|
|
The Bitcoin Co-op
Legendary
Offline
Activity: 1268
Merit: 1006
|
|
March 10, 2016, 02:15:56 AM |
|
Why would pausing withdrawals on yuanbaohui make the price skyrocket that much? I think it's a coincidence. More likely, some whales connected to or knowledgeable of whatever they're doing in China just jumped in... people sometimes learn about news slowly, or are aware of news that we the public aren't yet
|
We work hard to promote Bitcoin adoption and the decentralization of society. You can support our efforts by donating BTC to 35wDNxFhDB6Ss8fgijUUpn2Yx6sggDgGqS
|
|
|
|