[ANN] FACTOM - Introducing Honesty to Record-Keeping

[monarx911@i.ua]

there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?

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[poptop]

You didn't say the same thing but "The price might easy be 0.00025 or 0.000025 btc."
In which scenario would that be a possibility? Bitcoin x 100 and Factom would lose /100?

Nobody knows how much will cost btc. That's reason why factom could cost 0.00025 btc.

They care about the use of Factom. The more it will be used the more Entry Credits will be bought. The more EC's are bought, the more Factoids are burned through conversion into EC's. The more Factoids are burned, the higher the price needs to be. Conclusion: As long as they care about the system and the business-side (those who will use it), they care about the price.

To start using factom you need to know about factom. It also is advertising.

Marketing for the Factoid-market would hurt their credibility since it would give the impression as if they would want to make money by selling Factoids.

I'm disagree with it.

For short-term it could be true. But if you look back into end of 2013. While Bitcoin was still on the rise, others also started to rise (litecoin for example) and started to explode once Bitcoin came down. Litecoin went up from $1 to over $30.


I don't say "safe bet". Nothing is a safe bet. But in comparison to the uncertainty about the ETF and the scaling-problem and blocksize-war, nobody but ETF-Insiders can now what will happen next. And if the ETF should be approved and Bitcoin would hype, it's safe to say that the mempool will explode with the price. The next drama is a safe prediction.

In comparison with Bitcoin, and if we don't focus on short-term-reactions on the market but midterm and longterm, I consider Factom as a much safer and better Investment while Bitcoin feels more like playing roulette.

Litecoin cost 48$ per coin. I'm very intrested in when the buyers will be able to sell it for 48$. Factom now costs 0.0025 btc. What if here's be the same thing?

[poptop]

there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?

You should wait for one month.

[monarx911@i.ua]

there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?

You should wait for one month.

the price will go down ?

[poptop]

the price will go down ?

Maybe. But now it is absolutely clear that the price will not grow much during the month.

[monarx911@i.ua]

Maybe. But now it is absolutely clear that the price will not grow much during the month.
[/quote]
what is the reason ?

[tempus]

the price will go down ?

Maybe. But now it is absolutely clear that the price will not grow much during the month.

Why is that clear?

[poptop]

what is the reason ?

It's bitcoin ETF and manipulative increase of bitcoin. You could see that all alts lost in the price and aren't increasing now. Look at the price of btc right now!!!

Why is that clear?

Only thing that could change the situation it is exodus wallet that support factom.

[tempus]

what is the reason ?

It's bitcoin ETF and manipulative increase of bitcoin. You could see that all alts lost in the price and aren't increasing now. Look at the price of btc right now!!!

Do you know that the ETF will be approved and when the decision will be made at latest?

[crazyivan]

Exodus wallet might cause people withdraw their Factom from Polo since margin lending rate s shit. This, in turn, would make life for speculators and margin traders much more difficult. It would be much harder for them to access cheap Factom and short their positions.

Would this affect the price? Probably not much.

What else can affect the price? As in other markets where securities re being traded. Some new deal or some new product which would be PROPERLY support by some kind of world class marketing.

This would rise people expectations and increase demand and price.

Can Factom do this? Yes, I m sure they can and I m also sure they will.

[monarx911@i.ua]

what are the forecasts for rise in prices?

[poptop]

Do you know that the ETF will be approved and when the decision will be made at latest?

I don't but things happen. The first ETF will be on 11th Marth. Then there will be solidX in late March.

[tempus]

Do you know that the ETF will be approved and when the decision will be made at latest?

I don't but things happen. The first ETF will be on 11th Marth. Then there will be solidX in late March.

You can't know it and that is true for all ETF's - and that's why it makes no sense to claim it would be "absolutely clear" that the price can't grow much. Even with approval it would not be clear how FCT will react because approval of the ETF would absolutely not be bad for Factom but the other way around. Not directly but everything what is good for Bitcoin is also good for Factom.

And you also don't know anything about Factom's side. Is it possible that they will come out with an announcement with price-impact? We can't know it, but the past shows that it's always a possibility. Additionally there will be Exodus and it's likely that the M2-troubles are near to over now etc.

It really doesn't make any sense to claim anything would be "absolutely clear". ;-)

[poptop]

You can't know it and that is true for all ETF's - and that's why it makes no sense to claim it would be "absolutely clear" that the price can't grow much. Even with approval it would not be clear how FCT will react because approval of the ETF would absolutely not be bad for Factom but the other way around.

It's very likely that price won't grow up until we get results of EFTs and very unlikely that the price will go up if ETFs get approved. So that's why it's "clear".

everything what is good for Bitcoin is also good for Factom.

Now i could see another thing.

And you also don't know anything about Factom's side. Is it possible that they will come out with an announcement with price-impact? We can't know it, but the past shows that it's always a possibility. Additionally there will be Exodus and it's likely that the M2-troubles are near to over now etc.

It really doesn't make any sense to claim anything would be "absolutely clear". ;-)

Announcement from factom team? LOL Could you see it from the past? All their announcements passed imperceptibly.

Okey, just watching btc and factom prices right now.

[tempus]

You can't know it and that is true for all ETF's - and that's why it makes no sense to claim it would be "absolutely clear" that the price can't grow much. Even with approval it would not be clear how FCT will react because approval of the ETF would absolutely not be bad for Factom but the other way around.

It's very likely that price won't grow up until we get results of EFTs and very unlikely that the price will go up if ETFs get approved. So that's why it's "clear".

everything what is good for Bitcoin is also good for Factom.

Now i could see another thing.

And you also don't know anything about Factom's side. Is it possible that they will come out with an announcement with price-impact? We can't know it, but the past shows that it's always a possibility. Additionally there will be Exodus and it's likely that the M2-troubles are near to over now etc.

It really doesn't make any sense to claim anything would be "absolutely clear". ;-)

Announcement from factom team? LOL Could you see it from the past? All their announcements passed imperceptibly.

Okey, just watching btc and factom prices right now.

1) To say "very likely" is most likely correct. To say "absolutely clear" is not.

2) Do you know any project with more good news in the last 12 months than Factom?

[poptop]

1) To say "very likely" is most likely correct. To say "absolutely clear" is not.

Okey, it's absolutely for me.

2) Do you know any project with more good news in the last 12 months than Factom?

Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was released and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.

[tempus]

1) To say "very likely" is most likely correct. To say "absolutely clear" is not.

Okey, it's absolutely for me.

2) Do you know any project with more good news in the last 12 months than Factom?

Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was realised and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.

The lack of effect on the price had many reasons:

1) Until summer Factom was more a secret tip. Not many really know much about Factom and it's usecase and it's economical design which is not just unique but near to perfect in my opinion.

2) Unlike other projects the team doesn't make marketing for the market. In short-term that may be a con but I consider it as a pro and attention is absolutely increasing.

3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.

4) The last two months: The M2-rollout was not very smooth, more the opposite. But the problems seem to be under control now and it's just a question of time that it's complete.


Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.

By the way, some days ago you said this:

It's time to buy factom.

You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)

[poptop]

3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.

XMR, DASH and many other projects.

Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.

But the price is falling.

You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)

You're wrong. At that time btc was falling and fct was rising and anyone could had earned on the move.

[crazyivan]

1) To say "very likely" is most likely correct. To say "absolutely clear" is not.

Okey, it's absolutely for me.

2) Do you know any project with more good news in the last 12 months than Factom?

Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was realised and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.

The lack of effect on the price had many reasons:

1) Until summer Factom was more a secret tip. Not many really know much about Factom and it's usecase and it's economical design which is not just unique but near to perfect in my opinion.

2) Unlike other projects the team doesn't make marketing for the market. In short-term that may be a con but I consider it as a pro and attention is absolutely increasing.

3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.

4) The last two months: The M2-rollout was not very smooth, more the opposite. But the problems seem to be under control now and it's just a question of time that it's complete.


Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.

By the way, some days ago you said this:

It's time to buy factom.

You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)

I agree with everything besides point number 2. You say "attention is absolutely increasing". You base that on what?

[tempus]

1) To say "very likely" is most likely correct. To say "absolutely clear" is not.

Okey, it's absolutely for me.

2) Do you know any project with more good news in the last 12 months than Factom?

Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was realised and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.

The lack of effect on the price had many reasons:

1) Until summer Factom was more a secret tip. Not many really know much about Factom and it's usecase and it's economical design which is not just unique but near to perfect in my opinion.

2) Unlike other projects the team doesn't make marketing for the market. In short-term that may be a con but I consider it as a pro and attention is absolutely increasing.

3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.

4) The last two months: The M2-rollout was not very smooth, more the opposite. But the problems seem to be under control now and it's just a question of time that it's complete.


Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.

By the way, some days ago you said this:

It's time to buy factom.

You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)

I agree with everything besides point number 2. You say "attention is absolutely increasing". You base that on what?

If you look on reddit-stats or on the increase of Twitter Follower or how many are on slack now while this thread was nearly like a private meeting of a few people. It's much more now than some months ago.