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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115838 times)
lolikop
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May 09, 2017, 07:49:46 PM
 #8381

Last chance to buy factom under 10$
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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May 09, 2017, 08:32:02 PM
 #8382

i cant find fct on my exodus wallet..

It's not released yet. But the chances seem to be good that FCT will be included in the next Exodus-release.

If you've seen Screenshots: That was testing - I also was one of those who had the opportunity to test exodus with Factoids and it's great! Transactions in seconds btw.

I m not sure about May 11 release but the one which ll take place by the end of this month, I ve got really high hopes for that update. I think we re going to see Factom on Polo before the end of this month.
just got curious with your answer if i understand it right Factom already inside polo and its been traded there the price is really moving down a great opportunity to buy more while btc still rising better to hold and wait for the bounce back and surely we will able to earn much bigger, factom showing big potential to make a huge comeback.

Well, I m a Factom holder so I expect it to be big, really big. This means my answer might be biased.

Now when we have cleared this, I can honesty say I think this is the most undervalued token in the entire crypto industry. This will become obvious quite soon, within this year.

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May 10, 2017, 04:58:39 AM
 #8383

BIG some BIG is coming!

People don´t forge the real real use of Factom, will solve problems in the entire society.



"Some of our customers": US Department of Homeland Security, Gates Foundation

https://youtu.be/RkwNlCfjkKA?t=3m47s



"Three very very large financial institutions that we`re in contract negotiations" ...  Factom Use Case: Saving BoA $17 Billion (google)

https://youtu.be/RkwNlCfjkKA?t=7m7s


one more:

Vitalik Buterin invested in Factom  Shocked

https://youtu.be/db6yjA4Yll8?t=21m37s
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May 10, 2017, 08:18:15 AM
 #8384

Well, I would not be so optimistic to say it ll resolve all blockchain problems but it will definitely have a HUGE everyday usage, well beyond usual speculations and pumps and dumps of lots of large crypto. Very soon markets will become aware of this.  

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CryptoMan2014
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May 10, 2017, 12:01:22 PM
 #8385

About a week ago I bought FCT on Polo and send it to Trex and it hasn't shown up (yet). Is the network still down?

It's possible that it was down at that time. What many experienced was that Polo provided a txid but the transaction was not really sent. Maybe that's also the problem with your withdrawal from Polo to Bittrex. In that case you should open a ticket...

I did open a ticket a few days back, still waiting for a response. Nothing to do but wait I guess, thanks for the quick response.

Still waiting for Poloniex to respond after alerting the moderators 2 times in the meantime.
But did Factom inform the exchanges that they took the network down? The wallets should have been disabled and that wasn't the case on Poloniex and Bittrex that day.

Got them today. Poloniex resend it today, so it was never send in the first place. No sorry or anything from them.
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May 10, 2017, 01:53:37 PM
 #8386

About a week ago I bought FCT on Polo and send it to Trex and it hasn't shown up (yet). Is the network still down?

It's possible that it was down at that time. What many experienced was that Polo provided a txid but the transaction was not really sent. Maybe that's also the problem with your withdrawal from Polo to Bittrex. In that case you should open a ticket...

I did open a ticket a few days back, still waiting for a response. Nothing to do but wait I guess, thanks for the quick response.

Still waiting for Poloniex to respond after alerting the moderators 2 times in the meantime.
But did Factom inform the exchanges that they took the network down? The wallets should have been disabled and that wasn't the case on Poloniex and Bittrex that day.

Got them today. Poloniex resend it today, so it was never send in the first place. No sorry or anything from them.

Ye Poloniex is getting worse and worse the more customers they get they should be making buckets of money in fee's but their servers go down or freeze all the time their tickets take way to long to get resolved. If there was a good alternative id be gone Sad

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
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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
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May 10, 2017, 06:12:15 PM
 #8387

Definitely if BTC is Bugatti Veyron of digital currencies, FCT would be a Lamborghini in real sense.
I have seen a pattern where less useful cryptos are more volatile and excellent crypto (the real giants) doze a lot. So many real big clients they have already. Making world honest.

Run Factom Run...

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May 10, 2017, 10:54:03 PM
 #8388

From slack:

To daniel (Exodus) you said that shapeshift support is key for integrating a coin in Exodus. But if the Factom blockchain shows to be stable enough and the latest updates seem to be really good, why would you wait for Shapeshift in that case? If the blockchain is stable I think you will already make a lot of fct holders very happy that want to get their coins away from polo. Most don't care about not being able YET to use the shapeshift API within Exodus to change FCT into another coin. If I really can't wait to trade I will do it on Polo. But it would already make many holders feel so much happier if they can take these coins off the exchange. I totally understand the issues you will get when the blockchain isn't stable, but why letting a third party like shapeshift decide about when you add a coin. Just being a trustworthy wallet is already great!

[3:20]
From Daniel (Exodus): Thank you for your comments. I wish it was as simple as that. For Exodus, it is vital we do everything we can to protect our users. The unfortunate reality is the Factom network has been unreliable for quite some time. We will not just watch a few weeks of stability  and just trust everything will be okay. This trust will take months to build back up. As a business decision I would love nothing more than to release Factom and have things just magically work 100% of the time. That would be awesome for Exodus and we would have something to show for all the resources, hours, and money we have put into FCT development.

As you know Factom released another upgrade a few days ago. Just a few days after we installed the previous upgrade. That is yet another entire new set of code to test, deploy and begin to see how it work on the Exodus servers.

You are in our Factom beta program and you have access to the latest beta yourself. There will be no changes to the code on the Exodus side from the beta you have access to and the real deal. The only change is keeping the Factom network stable and sound.

If you don’t trust the beta you have with your Factoids that should tell you something. We can not in good faith release Factom and hope for the best. The unfortunate reality is we are still a long ways off from Factom support. Exodus needs to see the Factom network solid and 100% stable for a few months before we begin to think about moving forward.

[3:20]
To Daniel (Exodus): Thanks for answering. I do trust the beta. It was more a question in general about shapeshift requirement. So, basically you still say that as soon as you (Exodus) have trust in the stability of the Factom blockchain, that you are good to go? Regardless whether Shapeshift has FCT or not?

Somewhat discouraging to say the least ... 'a few months'

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May 10, 2017, 11:25:11 PM
 #8389

I think everyone is (and has been) making the Exodus wallet out to be a bigger deal than it is honestly.

It's really just a small part of the show.
Nice if it happens.... but there is no need to make it out like somehow Factom integration into Exodus is KEY to the whole world or something.

The network is stable. So if Exodus is too lazy to complete their wallet .. so be it.
What Factom is doing is far far beyond the usefulness of some wallet provider.
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May 11, 2017, 12:32:39 AM
 #8390

allright so waiting for exodus is not a option anymore. I want to get my coins of polo and I heared the enterprise wallet is real difficult to use.. ? a few posts back I read its updated? Not a gui I think?

So the only option left is the paper wallet wich im not familiar with and find somewhat scarry since I send my coins to a address where I cant see the balance.. I have my private key so I can import that later on somewhere? Never did this before.. But I think this is the only way to get mt factiods stored safely right? I have a withdrawal limit on polo but I can send factiods every day to the same address generated by papermilwallet right? Dont have to create a new one each transaction? And as long as I have my private key nothing can go wrong in any way... right..?
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May 11, 2017, 02:45:29 AM
 #8391

allright so waiting for exodus is not a option anymore. I want to get my coins of polo and I heared the enterprise wallet is real difficult to use.. ? a few posts back I read its updated? Not a gui I think?

So the only option left is the paper wallet wich im not familiar with and find somewhat scarry since I send my coins to a address where I cant see the balance.. I have my private key so I can import that later on somewhere? Never did this before.. But I think this is the only way to get mt factiods stored safely right? I have a withdrawal limit on polo but I can send factiods every day to the same address generated by papermilwallet right? Dont have to create a new one each transaction? And as long as I have my private key nothing can go wrong in any way... right..?

Yup, papermillwalet is excellent. Having such valuable coin in exchange can be more scary than anything. Absolutely, you can make multiple transactions with the same address. This utility has been provided by Factom team, so nothing else could be as trustworthy.
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May 11, 2017, 05:04:45 AM
 #8392

Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.

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CanaryInTheMine
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May 11, 2017, 05:16:30 AM
 #8393

Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.

https://docs.factom.com/#enterprise-wallet

you can skip the factomd installation and go to this section: https://docs.factom.com/#run-enterprise-wallet-online

use the custom factomd location setting and point to:  factomd-live.cloudapp.net:8088 (per documentation)

all done!
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May 11, 2017, 05:55:43 AM
 #8394

Factom crazy cheap all of a sudden any reason for that ?


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
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May 11, 2017, 06:52:25 AM
 #8395

Factom crazy cheap all of a sudden any reason for that ?



BTC went big time up, nothing special. Usual market swings, it ll get back to the old price in a week or two. We ve seen this pattern at least 10x this year.

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May 11, 2017, 07:06:10 AM
 #8396

Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.

https://docs.factom.com/#enterprise-wallet

you can skip the factomd installation and go to this section: https://docs.factom.com/#run-enterprise-wallet-online

use the custom factomd location setting and point to:  factomd-live.cloudapp.net:8088 (per documentation)

all done!


Actually, I ve never used this one. This is an online option, is there an offline option besides papermill?

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May 11, 2017, 08:10:50 AM
 #8397

allright so waiting for exodus is not a option anymore. I want to get my coins of polo and I heared the enterprise wallet is real difficult to use.. ? a few posts back I read its updated? Not a gui I think?

It is a GUI and not difficult to use in my experience.
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May 11, 2017, 09:46:19 AM
 #8398

Well, I think someone should make step by step guide for enterprise wallet as well as papermill, something really noob friendly. I ve seen people discussing this on Factom slack. I m suprised one cannot find anything on youtube or anywhere else.

https://docs.factom.com/#enterprise-wallet

you can skip the factomd installation and go to this section: https://docs.factom.com/#run-enterprise-wallet-online

use the custom factomd location setting and point to:  factomd-live.cloudapp.net:8088 (per documentation)

all done!


Do I have to install Factom Federation (FF) before installing the Enterprise Wallet?

/Thanks
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May 11, 2017, 10:46:25 AM
 #8399

Factom crazy cheap all of a sudden any reason for that ?



BTC went big time up, nothing special. Usual market swings, it ll get back to the old price in a week or two. We ve seen this pattern at least 10x this year.

Yes I know about BTC going up but it seems factom was hit a lot harder then everything else.

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
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May 11, 2017, 11:00:26 AM
 #8400

Factom crazy cheap all of a sudden any reason for that ?



BTC went big time up, nothing special. Usual market swings, it ll get back to the old price in a week or two. We ve seen this pattern at least 10x this year.

Yes I know about BTC going up but it seems factom was hit a lot harder then everything else.

That s also true but Factom s probably number 1 target for bots and speculators since it does not have miners, stakers or anything similar to that to increase the amount of trades per day. If I were you, I d preserve my nerves and come back once this storm calms down, which it will, in a few days. Once again, we ve seen this so many times before, learn to profit from this.

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