[ANN] FACTOM - Introducing Honesty to Record-Keeping

[Shiroslullaby]

Yeah I just sold all my Monero and bought Factom.
It hurts my soul to sell a coin that is rising and buy into one that may drop further, but the long-term potential of Factom is just too great.
Every week or two there is a new partnership being announced or some award. Further wallet developments and integrations will only make it a more accessible product.

I'll just avoid looking at the price of FCT for a while, and hopefully in a few months from now I'll be happy I made the swap.

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[lolikop]

Factom market is dying a slow death. I hope no one is holding bags above 300k...it looks like we won't see above 300k for around a year or so.

My guess is this m2 "pre release" news was orchestrated for a final exit on the dying market, especially with the December Bitcoin rally. Makes me wonder if Factoids are even a good long term investment now....they could be selling everyone their idea but never come through with anything....

We will not see 300k but we will see 3M in a long run... You just continue to FUD bcoz thats what you know to do PERFECTLY....

Jay, for a second I hoped we could ignore Pap0u as forum community, but unfortunately you quoted him again and gave him once again the stage he is looking for. I really hope there will be a day that EVERYBODY here can just let him post his FUD here without feeling the need to respond. Pap0u made himself already completely ridiculous. Just look at his posts history. They really depend on whether he is long or short and on what the price is doing. In one day he can say everybody wants to exit and hours later that it goes to the moon if the price is rising. Just don't give him attention. Everybody who qoutes him or replies to him is giving him exactly what he wants. So, once more, IGNORE THE GUY... please... Whenever he post something, remember one thing: he is looking for a response and he is not worth to get one...

Just a few things here that you should keep in mind and then just ignore all FUD:

- Factom is a real company with +/- 30 people that are all known by name (which crypto currency can say that: most of them are pretty shady)
- Factom has already real business products that solve real business problems and these products are being used more and more
- Factom got grants from US Homeland Security and Bill & Melinda Gates foundation (quite some names)
- Factom won several meaningful awards
- Factom is backed by large investors like Tim Draper and every round it raises more funds (recently 4.2 million USD)
- Factom is rolling out M2, the most important Milestone of the project
- With M2 there is support for wallets like Exodus. This will attract more buyers who don't want to store coins on an exchange and it will take away FCT supply from exchanges. This supply is currently partly used for shortening the price, and that will partly disappear. Just look at the % of coins (compared to total supply) ETH and Monero have on Polo and compare that to FCT. The reason that % is so high for FCT is because of the lack of wallets. This problem will be solved soon.
- Factom has real clients and is expanding rapidly. Smartrac is a big one and will start using Factom in January with its product Dloc, expecting to increase the entries.
- Factom is a top 5 coin on Polo in terms of volume and lately even a top 3 coin. High volume means healthiness. It attracts large investors that want to be able to enter and exit at any time, for which high volume is required.
- The price of a FCT was at December 6th 2016 at 1.58 USD because of the panic of a hack. Before that event it traded around 2 USD. a few weeks later it was pumped to 3.40 after which it is stable now at 2.45USD. It's completely normal that such a pump could not hold completely. But FCT did not fall back to it's old level again and even the latest BTC pumps cannot take the price down in USD value for long. It continuously recovers if it drops with a BTC pump. This is very promising and means traders don't want to take it lower for long. I would say that every drop to low 2 USD is currently a bargain. The market believes in Factom, but the price will rise when it's the right moment. Until then you should not care about the swings and take your chances to accumulate when others panic.

+1 factom mooning soon just dont sell to early

edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom

[greentea]

edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom

.


Yeah, BTC rise is a good thing.

FCT marketcap is still stable ~21MM, so a rise in Bitcoin will naturally show FCT/BTC price decline.

I'm just holding FCT, btc could crash here, or get a moonshot pass the highs, who knows?

[oneyesoneno]

Factom market is dying a slow death. I hope no one is holding bags above 300k...it looks like we won't see above 300k for around a year or so.

My guess is this m2 "pre release" news was orchestrated for a final exit on the dying market, especially with the December Bitcoin rally. Makes me wonder if Factoids are even a good long term investment now....they could be selling everyone their idea but never come through with anything....

We will not see 300k but we will see 3M in a long run... You just continue to FUD bcoz thats what you know to do PERFECTLY....

Jay, for a second I hoped we could ignore Pap0u as forum community, but unfortunately you quoted him again and gave him once again the stage he is looking for. I really hope there will be a day that EVERYBODY here can just let him post his FUD here without feeling the need to respond. Pap0u made himself already completely ridiculous. Just look at his posts history. They really depend on whether he is long or short and on what the price is doing. In one day he can say everybody wants to exit and hours later that it goes to the moon if the price is rising. Just don't give him attention. Everybody who qoutes him or replies to him is giving him exactly what he wants. So, once more, IGNORE THE GUY... please... Whenever he post something, remember one thing: he is looking for a response and he is not worth to get one...

Just a few things here that you should keep in mind and then just ignore all FUD:

- Factom is a real company with +/- 30 people that are all known by name (which crypto currency can say that: most of them are pretty shady)
- Factom has already real business products that solve real business problems and these products are being used more and more
- Factom got grants from US Homeland Security and Bill & Melinda Gates foundation (quite some names)
- Factom won several meaningful awards
- Factom is backed by large investors like Tim Draper and every round it raises more funds (recently 4.2 million USD)
- Factom is rolling out M2, the most important Milestone of the project
- With M2 there is support for wallets like Exodus. This will attract more buyers who don't want to store coins on an exchange and it will take away FCT supply from exchanges. This supply is currently partly used for shortening the price, and that will partly disappear. Just look at the % of coins (compared to total supply) ETH and Monero have on Polo and compare that to FCT. The reason that % is so high for FCT is because of the lack of wallets. This problem will be solved soon.
- Factom has real clients and is expanding rapidly. Smartrac is a big one and will start using Factom in January with its product Dloc, expecting to increase the entries.
- Factom is a top 5 coin on Polo in terms of volume and lately even a top 3 coin. High volume means healthiness. It attracts large investors that want to be able to enter and exit at any time, for which high volume is required.
- The price of a FCT was at December 6th 2016 at 1.58 USD because of the panic of a hack. Before that event it traded around 2 USD. a few weeks later it was pumped to 3.40 after which it is stable now at 2.45USD. It's completely normal that such a pump could not hold completely. But FCT did not fall back to it's old level again and even the latest BTC pumps cannot take the price down in USD value for long. It continuously recovers if it drops with a BTC pump. This is very promising and means traders don't want to take it lower for long. I would say that every drop to low 2 USD is currently a bargain. The market believes in Factom, but the price will rise when it's the right moment. Until then you should not care about the swings and take your chances to accumulate when others panic.

+1 factom mooning soon just dont sell to early

edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom

+1 and again this prove how solid factom community is.

[D-Lux]

edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom

Actually FCT can anchor into any blockchain. I believe ETH is the automatic "back-up" anchor w/ M2.

EDIT: FCT is one of those extremely unusual projects that is more impressive the more you learn about it. I don't know of any other project like that, with the exception of MAID. It's surreal that STEEM and XRP and others have a larger market cap. There's something almost comedic about the crypto markets ...

[jay8291]

edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom

.


Yeah, BTC rise is a good thing.

FCT marketcap is still stable ~21MM, so a rise in Bitcoin will naturally show FCT/BTC price decline.

I'm just holding FCT, btc could crash here, or get a moonshot pass the highs, who knows?

Yes, BTC will crash soon as it also needs correction & then FCT will rise to the moon...

[crazyivan]

I d suggest not to follow price on a daily basis unless you do intent to trade on a daily basis. Two things re important, your entry price and your exit price. In the meantime, until I decide to sell, I do not care what happens.

[Mrboot]

Funny people are not talking about Factom foundation joining the hyperledger project.

People like to discuss price more here I guess.

[lolikop]

Funny people are not talking about Factom foundation joining the hyperledger project.

People like to discuss price more here I guess.

Yes link here

https://www.hyperledger.org/announcements/2016/12/28/hyperledger-wraps-up-2016-by-welcoming-eight-new-members

[Mrboot]

Funny people are not talking about Factom foundation joining the hyperledger project.

People like to discuss price more here I guess.

Yes link here

https://www.hyperledger.org/announcements/2016/12/28/hyperledger-wraps-up-2016-by-welcoming-eight-new-members

I know but it's funny that people here screaming moon or dead but real news is left to the side cause I guess it's less fun.

[neo1947]

Factom.
https://www.youtube.com/watch?v=CgSTXglqXI0

[jay8291]

Funny people are not talking about Factom foundation joining the hyperledger project.

People like to discuss price more here I guess.

Yes link here

https://www.hyperledger.org/announcements/2016/12/28/hyperledger-wraps-up-2016-by-welcoming-eight-new-members

I know but it's funny that people here screaming moon or dead but real news is left to the side cause I guess it's less fun.

Only Trolls post here. News already received by us in Factom Slack channel. Every discussion will place there only, Not here..

[5thangel]

Factom.
https://www.youtube.com/watch?v=CgSTXglqXI0

Thanks for sharing,interesting talk

[Mrboot]

Factom.
https://www.youtube.com/watch?v=CgSTXglqXI0

I dont agree with Him About 2/3 cause eth and bitcoin Will go up but a little compared to others.

I made a top 3 that Will be better 2017

-Factom
-Nav coin
-Safecoin

Not cause they might be better, but a small market cap Will easy increase x5 to xxx but i dont see bitcoin
Do that ever in short term. Also bitcoin atm is Also a risky buy to much volume is centrale in China and with
Their bad capital outflow controle i do see them put a rem on bitcoin if the rise continu and the outflow to bitcoin.

Eth got more chance if raiden, sharding and Casper(Pos) succeed. But only time can tell.
Im in crypto cause i love iT, but i buy the Coins that brings me the most. I think he Didnt include that.

[oneyesoneno]

Factom.
https://www.youtube.com/watch?v=CgSTXglqXI0

I dont agree with Him About 2/3 cause eth and bitcoin Will go up but a little compared to others.

I made a top 3 that Will be better 2017

-Factom
-Nav coin
-Safecoin

Not cause they might be better, but a small market cap Will easy increase x5 to xxx but i dont see bitcoin
Do that ever in short term. Also bitcoin atm is Also a risky buy to much volume is centrale in China and with
Their bad capital outflow controle i do see them put a rem on bitcoin if the rise continu and the outflow to bitcoin.

Eth got more chance if raiden, sharding and Casper(Pos) succeed. But only time can tell.
Im in crypto cause i love iT, but i buy the Coins that brings me the most. I think he Didnt include that.

but we can agree on one thing which is Factom is one of them  

[neo1947]

Factom.
https://www.youtube.com/watch?v=CgSTXglqXI0

Thanks for sharing,interesting talk

You are welcome  
The Beauty of alternative Media,words are spreading around regarding Factom and crypto in general.

Kinds

[neo1947]

Factom.
https://www.youtube.com/watch?v=CgSTXglqXI0

I dont agree with Him About 2/3 cause eth and bitcoin Will go up but a little compared to others.

I made a top 3 that Will be better 2017

-Factom
-Nav coin
-Safecoin

Not cause they might be better, but a small market cap Will easy increase x5 to xxx but i dont see bitcoin
Do that ever in short term. Also bitcoin atm is Also a risky buy to much volume is centrale in China and with
Their bad capital outflow controle i do see them put a rem on bitcoin if the rise continu and the outflow to bitcoin.

Eth got more chance if raiden, sharding and Casper(Pos) succeed. But only time can tell.
Im in crypto cause i love iT, but i buy the Coins that brings me the most. I think he Didnt include that.

but we can agree on one thing which is Factom is one of them  

As an investor point of view this is the first video that l ve ever watched with over 10K viewer that mentioned Factom, l think it is very healthy indication for Factom.

[crazyivan]

Nice price jump Factom, guess BTC rally s over and now it s time to fly again.

[Capoboss]

Good entry time

[astmandu]

From Paul Snow today on the Factom Slack in response to the progress of the M2 rollout:

"We are progressing.  No timelines from me, but will be making some statements soon.  I'll post links."