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Author Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping  (Read 2115914 times)
muleroaa
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January 02, 2018, 06:37:33 PM
 #8961

That only happened because the price of bitcoin went up, in terms of bitcoin price we are at the same levels we were at in
2015/2016.

At the begining of 2017 .00251000 satoshi was $2.37, now .00251000 is $35.36, it's important to realize this, that factom
hasnt reaallly done that well this year in terms of price. We are really at the end of a bear market in terms of bitcoin price.

But that isnt a bad thing actually it's a good thing, means we have a solid floor and can only really go up from here.

Problem is that factom just doenst have that POP factor like other altcoins, it just simply isnt on peoples radar.

I feel like there is such a narrow focus with new money coming into crypto, all of it focused on the top 20 coins and thats it! Just
go look on youtube, every so called "expert" (that got into crypto probably in 2017  Roll Eyes ) has their top 5-10 coins, and factom is never
on any of them.

Friend, you're just reading my mind! I watch videos of such "experts" and if I see there Cardano or Bitcoin Cash or some other shitcoin, I immediately press the dislike and close it.

I do not see fundamental reviews, only technical analysis of pumped coins.

As this space matures and institutional money starts flowing in, they will look at fundamentals instead of this momentum only a white paper craze. In the end working projects like factom will win out in the end.

Yeah that is a good point and usually with Factom it seems that they already have a lot going on behind the scenes, we just don't find out until a later point. It would be nice if they would give somewhat of a roadmap though + some marketing.
We do not need marketing, we need partnership announcements, it's much steeper than articles about how good the factom is. Do not you think so?

I think that Mr. Mcafee showed that some "marketing" can pave the way for some big moves. Do you not think so? Cheesy

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Gavitanzalet
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January 02, 2018, 06:41:07 PM
 #8962

Hey everyone, I'm so glad I kept my factom but I just have a question now I've seen the investment opportunity for factom Inc.

What is the total number of factoids that are being created? When we invested on koinify did we as a whole only invest in around 10% or did we actually buy all the factoids that will ever be created?

Also, are the factoids we bought getting broken down, say 10 software tokens for 1 factoid?

Any answers would be great!! Great work so far factom team!

The post-sale number of Factoids is 8,759,944. As mentioned on the Koinify Token Sale page 50% of the total Factoids were up for sale.
The rest are 30% to be distributed to early contributors and 20% for early purchasers.

Once the network goes live there will be Factoids generated by the network and distributed to Factom nodes and Federated servers.
That is an incentive to help maintain the network with resources and computing power.

The Factoids purchased on koinify are 1 for 1.

Hope this helps.  Smiley



Great !!! Waiting for the start
Project should be successfull, also waiting
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January 02, 2018, 06:44:33 PM
 #8963

A small suggestion to the whitepaper p.30 Dictionary Attack:

you can hash chainID together with salt. This will mitigate the Dictionary Attack.

Very true.
And very honestly
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January 02, 2018, 07:09:46 PM
 #8964

#FCT I do not know by what miracle, but I managed to fly to mcafee tweet. A great start to the year. Now you can celebrate. Everyone again with the New Year!
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January 03, 2018, 01:26:21 AM
 #8965

Why is pretty much every coin at an all time high (BTC), but Factom is still relatively low?  This coin is solid.  They're even working with fortune 100 companies.  This should explode soon.
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January 03, 2018, 01:46:05 AM
 #8966

Factom is a great coin. Being used to earn like that, pumping it first before announcing that it is the coin of the week is really not good for his image. Practically putting a bad reputation all over the crypto world. The good thing with Factom, it totally exposed the coin to many people. Revealing its full potential. After all these smoke is gone. Normal situation. Many will dig deep into this coin, Factom. Surely it will increase more.

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January 03, 2018, 06:16:49 AM
 #8967

https://docs.google.com/document/d/14bK68A02-5azH7u6o1v3VagpieUuSubiGaeeU5Kr7j0/mobilebasic#heading=h.2gazcsgmxkub

The magnitude of Factom will be mind-blowing. Factom will be a revolutionary game changer. See you all on alpha centurion
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January 03, 2018, 09:49:45 AM
 #8968

John McAfee twitted about FACTOM, he says "Coin of the Week"
Good luck guys

Best regards,

Okane Satoshi
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January 03, 2018, 05:13:53 PM
 #8969

John McAfee twitted about FACTOM, he says "Coin of the Week"
Good luck guys

Best regards,

Okane Satoshi
XRPConnect

It would bring me more joy if he would comment on pump & dump coins like xvg and stay away from FCT. FCT is the real deal and will be successful with or without his tweets. Pump and dumps can only destroy coin's reputation and they will be most likely always remembered as such
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January 03, 2018, 07:53:00 PM
 #8970

Guys, I want to invest in this coin, but I think it's too late for the price! I am asking for advice!
Thanks!

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January 03, 2018, 09:06:49 PM
 #8971

John McAfee twitted about FACTOM, he says "Coin of the Week"
Good luck guys

Best regards,

Okane Satoshi
XRPConnect

It would bring me more joy if he would comment on pump & dump coins like xvg and stay away from FCT. FCT is the real deal and will be successful with or without his tweets. Pump and dumps can only destroy coin's reputation and they will be most likely always remembered as such

Be careful who you accuse of being a P&D coin, yours is no different.

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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January 04, 2018, 12:38:38 AM
Last edit: January 04, 2018, 07:48:35 AM by kcharng
 #8972

Mcafee tweets be it good or bad gives factom broader visibility it needs.

For once he tweeted about a great coins with solid tech and a working product no less!

Once the hype dies down, people will see factom for its strong foundations.  

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January 04, 2018, 08:43:42 PM
 #8973

https://docs.google.com/document/d/14bK68A02-5azH7u6o1v3VagpieUuSubiGaeeU5Kr7j0/mobilebasic#heading=h.2gazcsgmxkub

The magnitude of Factom will be mind-blowing. Factom will be a revolutionary game changer. See you all on alpha centurion

Why do you think so? Last time I did research it was over a year ago so I might have missed some new possibilities. But I have written a script to calculate the complex relationship between the Factoids, their price, entry credits and the amount of destroyed tokens depending on the amount of entries. So basically I have calculated how the price should behave once it is fully deployed. It was not so incredible, tbh. So I am wondering what your reasoning is?

Thanks!
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January 04, 2018, 09:35:38 PM
 #8974

Thanks for link

What is the reason price recently gone up?
This tweet McAfee - https://twitter.com/officialmcafee/status/947845669213147136
I wrote him a message a week ago Cheesy

What shell i do guys , i wondering how much shell i invest in this project, shell i wait first couple days maybe i can buy at lower price?  thanks for the advice

When the price of bitcoin goes up factom will dump for sure, it always does, have your buys ready then
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January 04, 2018, 09:40:33 PM
 #8975

Guys, I want to invest in this coin, but I think it's too late for the price! I am asking for advice!
Thanks!

frankly, I think that the price of this coin will still decrease and it will be possible to buy it more profitable.
on the prospect it can be bought, in six months, its growth is possible

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January 05, 2018, 10:01:59 AM
 #8976

Guys, I want to invest in this coin, but I think it's too late for the price! I am asking for advice!
Thanks!

frankly, I think that the price of this coin will still decrease and it will be possible to buy it more profitable.
on the prospect it can be bought, in six months, its growth is possible

Care to explain?

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January 05, 2018, 12:28:28 PM
 #8977

the price in this year will be more and more, if u have readed Factom AMA on reddit you shoult know that.

in this year factom will share companies (fortune 100) from Banking, Insurance and Healthcare industries who works with FACTOM + in the few months M3 will be completed.

We can expect $500 - $1000 in this year.
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January 05, 2018, 04:47:08 PM
 #8978

"We're thrilled to have Jason Nadeau from @factom lead a session on blockchain at Winter Conference! Register today to hear him discuss what is myth, what is fact, what can really be done now and why should you care? #L1Visualize http://L1conference.com "

"Factom‏:
New year, new Factom Explorer! Coming soon.
#blockchain #factom #factomizeeverything"

Wauw! Great news on twitter today. Definitely a boost for factom. Agreed to the 500 -> 1000 predictions. Lets Go!

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January 05, 2018, 05:14:26 PM
 #8979

the price in this year will be more and more, if u have readed Factom AMA on reddit you shoult know that.

in this year factom will share companies (fortune 100) from Banking, Insurance and Healthcare industries who works with FACTOM + in the few months M3 will be completed.

We can expect $500 - $1000 in this year.

link to the factom AMA, missed that one?

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January 05, 2018, 07:36:08 PM
 #8980

the price in this year will be more and more, if u have readed Factom AMA on reddit you shoult know that.

in this year factom will share companies (fortune 100) from Banking, Insurance and Healthcare industries who works with FACTOM + in the few months M3 will be completed.

We can expect $500 - $1000 in this year.

link to the factom AMA, missed that one?

https://www.reddit.com/r/factom/comments/7jvvu6/were_jason_nadeau_and_jay_smith_the_sales_and/
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