[ANN] FACTOM - Introducing Honesty to Record-Keeping

[b1007]

When is milestone 2? Can Factom become a multi billion dollar company? 

[Mrboot]

When is milestone 2? Can Factom become a multi billion dollar company? 

I hope so, but only the future can tell but let me brainstorm on that idee and you all reply on that whit your thoughts.

The inflation will be 73000 coins a month nothing more nothing less that means the eventual coin price each is equil to the
usage a month divided by 73000 coins.

1 billion market cap / 8,5 million means each coin will be 117 dollar each coin. to reach that we need to count the entry coins usage for
that.

On there website they sell 1000 entry coins for 20 dollar but also 100,000 entrys for 1500 dollar what will be used more by company's
if it starting to be in there business. so count on that one

73000 coins a month need to be worth 117 dollar each would means 8,541 million dollar each months need to be purchased / 1500

5694x 100k entry coins means a total of approx. 570 million entry's a month need to be made to get there, mean every block needs
131950 entry coins used.

The usage went up last month but is down also last few days, so it might be possible but at this point i doubt it will ever be possible.

I think someone tested it with 100 EC each block but now see if they liked it or not, so far there gone for already a week almost again and you see a instant price drop, i even was thinking what if a pumper or factom itself made the entry's to sell higher and buy back lower.



 

[thoth-Atlantian]

only 9 BTC support on Trex, Pump is over..... Fleee!!!!!!

[Mrboot]

This is really hard for people who believed in factom at 700 plusk satoshi.

They wont like factom anymore atm.

[tempus]

only 9 BTC support on Trex, Pump is over..... Fleee!!!!!!

Bittrex is not relevant in this game. They were too late. And please, keep cool. After such a rise it's totally normal that the price goes down a little bit. No reason to panic.

[tempus]

This is really hard for people who believed in factom at 700 plusk satoshi.

They wont like factom anymore atm.

My prediction: Everybody with some patience won't be disappointed. That was the case in the last months and I'm pretty sure it will be the same for the next months, maybe just weeks or even just days.

[mikenz]

relax people, we almost reached the bottom.

[tempus]

relax people, we almost reached the bottom.

BUY HIGH!

SELL DRUNK!

 

[whiteorg72]

Has anyone tried to do a full synchronization recently Web GUI wallet? Tried on two separate computers to do synchronization, after 18500 and 19700 blocks spontaneously closes the window Factomd.exe and further synchronization is impossible, and now of course it is impossible to use the Web GUI wallet. I do not know what to do. Me had to transfer some factoids from cold storage (from a paper wallet) via Web GUI wallet on Polo Exchange, now it is impossible. When it will make a normal Web GUI wallet. If developers do not make want to do a normal Web GUI wallet, why not talk to Poloniex exchange owners and make the ability to import for example a secret key factoids directly on Poloniex exchange to be able to replenish account there once with a paper wallet directly?
Factom developers check why no longer fully synchronized Web GUI wallet? Maybe because of the overflow of your servers? Because now more and more people began to use Web GUI wallet can load has increased and due to this problem?
I do not think, no only me need one normal Web wallet ?, and I do not understand why a company that now millions of dollars, can not make a normal Web wallet? The Factom Developers are not you ashamed of it ourselves?
It is clear factoids that not coin, Web wallet but need not primarily for trading, but as in my case for easy transfer factoids from cold storage (from a paper wallet) on exchange, now it is not possible!

[crazyivan]

Has anyone tried to do a full synchronization recently Web GUI wallet? Tried on two separate computers to do synchronization, after 18500 and 19700 blocks spontaneously closes the window Factomd.exe and further synchronization is impossible, and now of course it is impossible to use the Web GUI wallet. I do not know what to do. Me had to transfer some factoids from cold storage (from a paper wallet) via Web GUI wallet on Polo Exchange, now it is impossible. When it will make a normal Web GUI wallet. If developers do not make want to do a normal Web GUI wallet, why not talk to Poloniex exchange owners and make the ability to import for example a secret key factoids directly on Poloniex exchange to be able to replenish account there once with a paper wallet directly?
Factom developers check why no longer fully synchronized Web GUI wallet? Maybe because of the overflow of your servers? Because now more and more people began to use Web GUI wallet can load has increased and due to this problem?
I do not think, no only me need one normal Web wallet ?, and I do not understand why a company that now millions of dollars, can not make a normal Web wallet? The Factom Developers are not you ashamed of it ourselves?
It is clear factoids that not coin, Web wallet but need not primarily for trading, but as in my case for easy transfer factoids from cold storage (from a paper wallet) on exchange, now it is not possible!

+1

Functional Bitcoin-like wallet is extremely important. We don't want people needing PhD in IT to use Factom wallet, whether it s coin or not.

[Momimaus]

The Wallet GUI works fine for me. Fully synced.

[bandofgypsys]

This is really hard for people who believed in factom at 700 plusk satoshi.

They wont like factom anymore atm.

The number of ppl that actually ask seriously "which coin should I buy?" is crazy, Look most of them don't even do any research.
I don't know if they know how??!

I try and do my best to give them short brief pitches but posting while being encapsulated with full time trolls trying to push agendas
it's hard to have any credibility.

But honestly this year I feel it's time for coins to generate their own organic growth through real use, I believe Factom and a small handful of other
coins could this year or next probably begin to generate there own revenue streams which will fuel deserved inflation. Until then i'll keep an eye on the charts
and overall liquidity in the crypto pool and trade accordingly.


Most traders only sprint, and burn out. The real profession is the marathon, knowing when and how long to hold is difficult.

[Mrboot]

This is really hard for people who believed in factom at 700 plusk satoshi.

They wont like factom anymore atm.

The number of ppl that actually ask seriously "which coin should I buy?" is crazy, Look most of them don't even do any research.
I don't know if they know how??!

I try and do my best to give them short brief pitches but posting while being encapsulated with full time trolls trying to push agendas
it's hard to have any credibility.

But honestly this year I feel it's time for coins to generate their own organic growth through real use, I believe Factom and a small handful of other
coins could this year or next probably begin to generate there own revenue streams which will fuel deserved inflation. Until then i'll keep an eye on the charts
and overall liquidity in the crypto pool and trade accordingly.


Most traders only sprint, and burn out. The real profession is the marathon, knowing when and how long to hold is difficult.

Yea i thought the same, but last week there usage had dropped again to 10 to 15 entry per block, thats just too low after a Year with this grow rate iTS going no where

[whiteorg72]

The Wallet GUI works fine for me. Fully synced.

The fact that I am completely deleted my previous Web GUI wallet and set and synchronize new Web GUI wallet with 1 block and up to 28597 block. Full synchronization took 12 hours, I just did not expect that 28,597 blocks are now synchronized for so long. Last time I installed a new Web GUI wallet and synchronize it just 2 hours. The rest of the Web GUI wallet is operating normally, sending funds occurs normally. But 12 hours synchronizes to 28597 blocks is of course a very long time! Yesterday I installed on two different laptops, and in both cases the synchronization of a new Web GUI wallet about took 12 hours.

p.s. Speed my internet connection - 5ms Ping / Download speed - 30,12 Mbps / Upload speed - 31,16 Mbps
My two laptops 1 and 3 years of operation.

By the way, just sent from my Web GUI wallet on Polo exchange two factoids transaction, sending time was 55 minutes + 3 confirmation on Polo exchanges took 30 minutes , as a result all needed 85 minutes, a month ago for the same had to be only 30 minutes. Falling factoids transaction speed significantly.

[whiteorg72]

Factoids (FCT) have now been listed on Changelly exchange.
https://changelly.com/
https://twitter.com/Changelly_team

The exchange rate is now 1 BTC = 254,96 FCT

[whiteorg72]

Factom Price Prediction March 18.
http://bitcoin-daytrading.com/factom-price-prediction-march-18/

[crazyivan]

Have we hit the price floor? Recovering up?

[whiteorg72]

Have we hit the price floor? Recovering up?

Price FCT for synchronously with Ethereum again begins the way to the top. This synchrony was also seen recent in the fall price.

[crazyivan]

Have we hit the price floor? Recovering up?

Price FCT for synchronously with Ethereum again begins the way to the top. This synchrony was also seen recent in the fall price.

Not even close. ETH price went down 1/3, Factom crashed 1/2. That s a big difference. However, I think the dump s over and now we continue slower but natural growth. Just buy and have patience, this project s got a lot of potential and I think we ll all be glad we ve been part of it.

[b1007]

Is Milestone 2 coming this month? Any predictions?