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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115887 times)
Fuyuki_Wataru
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November 26, 2016, 05:06:44 PM
 #6301

m2 still not out yet?



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Ahaezod
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November 26, 2016, 05:12:12 PM
 #6302

m2 still not out yet?





Testnet period. Once fully live tested, M2 is to be officially released.
crazyivan
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November 27, 2016, 09:11:59 AM
 #6303

I m getting a bit restless regarding this constant testing and testing. Factom s been testing since when, since March?

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sluppy
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November 27, 2016, 10:03:55 AM
 #6304

I m getting a bit restless regarding this constant testing and testing. Factom s been testing since when, since March?


It wont be this cheap for long!

The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin
We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle
Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
Mrboot
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November 27, 2016, 10:57:03 AM
 #6305

I m getting a bit restless regarding this constant testing and testing. Factom s been testing since when, since March?


It wont be this cheap for long!


As long as it is i can stack up a extra amount every month Wink
Capoboss
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November 27, 2016, 03:38:03 PM
 #6306

I m getting a bit restless regarding this constant testing and testing. Factom s been testing since when, since March?

I think its a good thing to test your product well before you release it into the market.
Factom is going after real life usability so it needs to have a full proof product that sustains any malfunction.
 
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November 27, 2016, 05:53:04 PM
 #6307

I m getting a bit restless regarding this constant testing and testing. Factom s been testing since when, since March?

I think its a good thing to test your product well before you release it into the market.
Factom is going after real life usability so it needs to have a full proof product that sustains any malfunction.
 

That s true. Unless somebody else delivers the produce before you.

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D-Lux
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November 27, 2016, 06:01:45 PM
 #6308

As we wait for more news / releases ... Just came across this Tweet from David A Johnston, which links to a great talk by Peter Thiel:

https://twitter.com/DJohnstonEC/status/802627645053792256

Definitely a lot of resonances with Factom IMO.
lolikop
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November 27, 2016, 08:36:24 PM
 #6309

Real news will be coming in when m2 is released
matej krkic
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November 27, 2016, 08:39:05 PM
 #6310

Real news will be coming in when m2 is released

Where I can read about m2?
D-Lux
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November 27, 2016, 08:41:32 PM
 #6311

Real news will be coming in when m2 is released

Where I can read about m2?

You can Google "Factom Milestone 2," and/or search in here (you can do an inter-thread search though most of the past few months has been about M2, aside from some trolling) and on Reddit, /r/factom.
matej krkic
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November 27, 2016, 08:43:19 PM
 #6312

Real news will be coming in when m2 is released

Where I can read about m2?

You can Google "Factom Milestone 2," and/or search in here (you can do an inter-thread search though most of the past few months has been about M2, aside from some trolling) and on Reddit, /r/factom.

Milestone 2 - that's what m2 means =) Thanks.
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November 28, 2016, 06:37:07 AM
 #6313

The price has not moved significantly for over 2 weeks. We did see a small 5% pumps and dumps. Come on people, Factom has never been a boring coin, wake up.

It does seem ask side s been reducing slightly, the number of Factoids for sale s been going down.

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belowizard
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November 28, 2016, 11:06:50 AM
 #6314

factom price will mainly be determined by its usage ........ this needs time and the only thing driving the current price is speculation. so I'm quite happy with the current situation and try to load up more whenever I can. when the time has come, it will rise. im talking post m3 in my opinion.
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November 28, 2016, 12:27:07 PM
 #6315

https://postimg.org/image/pa77unof5/

Considering the evolution of the ECredits, apart from pure speculation, no reason for the price to pump yet.
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November 28, 2016, 01:21:46 PM
 #6316



Considering the evolution of the ECredits, apart from pure speculation, no reason for the price to pump yet.

People are freaking out like if come M3 the inflation rate of Factoids was completely insane, it's around 10% per year if no EC are burnt at all (which basically means there's no project). So I would say a 5-6% is a pessimistic projection. With those numbers in mind and if they don't change, Factom would double its supply in around 10 years. 16-20 millions coins by 2025 is that crazy in terms of fear of inflation?

Maybe I'm missing something.
oneyesoneno
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November 28, 2016, 03:09:35 PM
 #6317



Considering the evolution of the ECredits, apart from pure speculation, no reason for the price to pump yet.

People are freaking out like if come M3 the inflation rate of Factoids was completely insane, it's around 10% per year if no EC are burnt at all (which basically means there's no project). So I would say a 5-6% is a pessimistic projection. With those numbers in mind and if they don't change, Factom would double its supply in around 10 years. 16-20 millions coins by 2025 is that crazy in terms of fear of inflation?

Maybe I'm missing something.

are u kidding me? Data don't stop. it will keep piling up day after day...
I still remember when i first knew factom... they announced that they broke 3million data entry...
and few months later which is today, it is already 5million++ data entries.
Everytime Factom do a good job, the news will spread, and so... more usage.

Of course people can speculate and freak themselves out,  but you will be surprise how far Factom will grow 1 year from now.
Kruemmelmonster
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November 28, 2016, 03:33:18 PM
 #6318

just a friendly reminder FCT token's don't represent the success of Factom itself... Also it's uncertain where BTC will go. If BTC takes a break for few months I see some nice upwards potential tho..

@Brian can you tell us if it's likely to see M2 release within this year or not?
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November 28, 2016, 03:41:03 PM
 #6319



Considering the evolution of the ECredits, apart from pure speculation, no reason for the price to pump yet.

People are freaking out like if come M3 the inflation rate of Factoids was completely insane, it's around 10% per year if no EC are burnt at all (which basically means there's no project). So I would say a 5-6% is a pessimistic projection. With those numbers in mind and if they don't change, Factom would double its supply in around 10 years. 16-20 millions coins by 2025 is that crazy in terms of fear of inflation?

Maybe I'm missing something.

are u kidding me? Data don't stop. it will keep piling up day after day...
I still remember when i first knew factom... they announced that they broke 3million data entry...
and few months later which is today, it is already 5million++ data entries.
Everytime Factom do a good job, the news will spread, and so... more usage.

Of course people can speculate and freak themselves out,  but you will be surprise how far Factom will grow 1 year from now.

Exactly that's what I meant, in a very pessimistic scenario inflation would be 6% per year, that's nothing and would take 10 years for Factom to double its supply. You see Dash and Monero having a 3 or 4 times Factom marketcap with more supply and that's just plain ridiculous.

I would understand some caution if Factom would have a crazy inflation rate similar to Steem, but this is not the case at all and we are talking about the worst case scenario. The best case scenario is deflationary!
lolikop
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November 28, 2016, 03:47:19 PM
 #6320

If fct passes 340k before m2 release we can will see a new bull run to 430k
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