cryptonit
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May 04, 2016, 08:13:13 PM |
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Also, have in mind Factom is one of the most bot infested markets I ve ever seen so far. Why is this, I have no idea.
a market without any miner sellpressure is better to predict maybe just wonder why same bot activity is not for example on NEM/XEM because thats a zero inflation top 10 coin too but significant less trading volume |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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tempus
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May 04, 2016, 08:23:52 PM |
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Also, have in mind Factom is one of the most bot infested markets I ve ever seen so far. Why is this, I have no idea.
a market without any miner sellpressure is better to predict maybe just wonder why same bot activity is not for example on NEM/XEM because thats a zero inflation top 10 coin too but significant less trading volume The Volume has to do with Lending and Margin-Trading. It's possible for Factom and some others: https://poloniex.com/lending (list is on the right side) https://poloniex.com/marginTrading#btc_fctIt's not possible for NEM/XEM. |
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Soul_eater_123
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May 04, 2016, 11:46:43 PM |
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Yes. I just permanently keep my Factom lent out. That way it is at least slowly growing as opposed to doing nothing. |
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crazyivan
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May 05, 2016, 05:22:25 AM |
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Yes. I just permanently keep my Factom lent out. That way it is at least slowly growing as opposed to doing nothing. At this rate u can lend 10k FCT and get maybe 1 FCT a week. If u re lucky. U re rich my friend.  We need that Milestone 2. Pronto! |
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whiteorg72
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May 05, 2016, 05:42:16 AM |
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I think that the Factom team just did not expect that it will be necessary so long programmed time and I think that will be very good if we see Milestone2 only at the end of this year. Do not count on a quick ending of the completion of the Milestone2. This is true of Brian Deery?  |
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tyz
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May 05, 2016, 11:30:45 AM |
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It is annoying indeed, but I would see the positive side. You can buy more Factoids cheap and the more time the devs invest into the milestone 2 the better and more stable the software will be. Factom is one of the few blockchain projects which has serious customers like the Honduran or Georgian government. It is interesting how many more month to wait for work to be completed on the Milestone2 ?  Factoids price lowered almost to the very bottom. It is a pity that this is happening. Maybe all the same Milestone2 will raise the cost of factoids. |
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Freckleg
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May 05, 2016, 11:59:48 AM |
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It is annoying indeed, but I would see the positive side. You can buy more Factoids cheap and the more time the devs invest into the milestone 2 the better and more stable the software will be. Factom is one of the few blockchain projects which has serious customers like the Honduran or Georgian government. It is interesting how many more month to wait for work to be completed on the Milestone2 ? Factoids price lowered almost to the very bottom. It is a pity that this is happening. Maybe all the same Milestone2 will raise the cost of factoids. The Georgian project is Bitfury. Was there any mention that Bitfury would be using Factom? |
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whiteorg72
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May 05, 2016, 01:19:45 PM |
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It is annoying indeed, but I would see the positive side. You can buy more Factoids cheap and the more time the devs invest into the milestone 2 the better and more stable the software will be. Factom is one of the few blockchain projects which has serious customers like the Honduran or Georgian government. It is interesting how many more month to wait for work to be completed on the Milestone2 ? Factoids price lowered almost to the very bottom. It is a pity that this is happening. Maybe all the same Milestone2 will raise the cost of factoids. tyz, I already have more than 4% of the total amount factoids. I think that I have enough of what I have and do not plan to buy more. Thank you. |
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Soul_eater_123
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May 05, 2016, 05:35:40 PM |
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tyz, I already have more than 4% of the total amount factoids. I think that I have enough of what I have and do not plan to buy more. Thank you. If you need someone to help you look after them I'm happy to take care of 50% of those for you. |
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tyz
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May 05, 2016, 06:09:54 PM |
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Sorry, you are right. The Georgian project is conducted in cooperation with Bitfury, not Factom. I have mistaken this. It is annoying indeed, but I would see the positive side. You can buy more Factoids cheap and the more time the devs invest into the milestone 2 the better and more stable the software will be. Factom is one of the few blockchain projects which has serious customers like the Honduran or Georgian government. It is interesting how many more month to wait for work to be completed on the Milestone2 ? Factoids price lowered almost to the very bottom. It is a pity that this is happening. Maybe all the same Milestone2 will raise the cost of factoids. The Georgian project is Bitfury. Was there any mention that Bitfury would be using Factom? |
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tyz
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May 05, 2016, 06:27:16 PM |
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4% of the total Factoids stake?  This would be more than 320k Factoids which are worth around $400k. Now I can understand why you are afraid of the negative price development. tyz, I already have more than 4% of the total amount factoids. I think that I have enough of what I have and do not plan to buy more. Thank you. |
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tempus
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May 05, 2016, 06:32:38 PM |
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4% of the total Factoids stake? This would be more than 320k Factoids which are worth around $400k. Now I can understand why you are afraid of the negative price development. tyz, I already have more than 4% of the total amount factoids. I think that I have enough of what I have and do not plan to buy more. Thank you. I'm not afraid because of Factom. I'm scared that whiteorg72 could click the wrong buttons on Polo!  |
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cryptonit
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May 05, 2016, 06:58:39 PM |
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4% of the total Factoids stake? This would be more than 320k Factoids which are worth around $400k. Now I can understand why you are afraid of the negative price development. tyz, I already have more than 4% of the total amount factoids. I think that I have enough of what I have and do not plan to buy more. Thank you. I'm not afraid because of Factom. I'm scared that whiteorg72 could click the wrong buttons on Polo!  |
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crazyivan
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May 05, 2016, 07:54:22 PM |
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Whiteorg72, were u the one dumping 30k batches at the beginning of this month?
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whiteorg72
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May 06, 2016, 02:42:32 AM |
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Whiteorg72, were u the one dumping 30k batches at the beginning of this month?
My dear friends, I do not sell factoids. I'm waiting for the normal price and I think it will not be soon. As I said before pass away to wait 2 - 4 years until the Factom project attains its strength. So do not worry I'm not dumping factoids and sell their factoids not going for at least another 2 years. tempus, I do not keep my factoids on the exchange. So, I do not push the wrong buttons. |
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crazyivan
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May 06, 2016, 04:58:01 AM |
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What is this exactly? Any additional info pls?
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whiteorg72
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May 06, 2016, 03:08:37 PM |
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What is this exactly? Any additional info pls?
I think that we can not wait from the Factom team of additional information, as the Factom team does not like (not love) the Factom community. This is reflected in the fact that the Factom team does not give any new information about progress on project, and does not provide at least the approximate date of completion of the work on the Milestone2 and etc. |
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Soul_eater_123
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May 06, 2016, 08:17:28 PM |
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I very much doubt that the Factom team cares what happens on here at all. They only needed us during the ICO phase so that they could raise the BTC they needed.
Right now they are creating a legitimate business and are more interested in courting large corporations and governments to grow the business further. The Factom price or the support of the crypto community is irrelevant to them and time spent on here only detracts from them making more deals in the real world.
They know that at some point the price of those tokens will shoot up but why pre-empt the situation and make things more difficult for themselves?
Indeed they may prefer the price to stay as low as possible for as long as possible for reasons of utility and also in case they want to buy up tokens themselves.
Personally I prefer this approach because it benefits us all in the long term. Once they are large enough and have the big deals finalised there will be plenty of time for the PR side of things.
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