Well now that's out of the way!
The window is almost open. Now just have to deal with a large BTC bounce this month and then FCT is clear for rise.
For the market mover .... their chance is almost here. Will probably hop up to 0.004-0.005 for a new floor soon to set the stage to 0.02-0.03 by end of February.
If they are the same people that moved XMR, then by now they have most of their funds out of that and ready for FCT. I have seen XMR rising slowly with large cashing out dumps at intervals. FCT just eats everything sold into it and keeps steady.
Could probably start sooner as the next BTC rise (if it comes) could occur in less time than previous rises. BTC is becoming more parabolic as the height of these rises increases. Although 6 month intervals seem to be the pattern so far it's actually 7.5 months between first two rises and this last one was only 6.5 months. That could put the next BTC rise in June at 5 or 5.5 months. The early stages of that rise scenario could start in mid April.
Making early to middle February the sweet spot as the XMR rise took 6 weeks to run the most important parts. 3 weeks for the main parts of the rise and another 3 weeks on the back side until the crashing really started. That XMR crashing started the moment BTC started ticking upward again.
Now just waiting...
The window is almost open. Now just have to deal with a large BTC bounce this month and then FCT is clear for rise.
For the market mover .... their chance is almost here. Will probably hop up to 0.004-0.005 for a new floor soon to set the stage to 0.02-0.03 by end of February.
If they are the same people that moved XMR, then by now they have most of their funds out of that and ready for FCT. I have seen XMR rising slowly with large cashing out dumps at intervals. FCT just eats everything sold into it and keeps steady.
Could probably start sooner as the next BTC rise (if it comes) could occur in less time than previous rises. BTC is becoming more parabolic as the height of these rises increases. Although 6 month intervals seem to be the pattern so far it's actually 7.5 months between first two rises and this last one was only 6.5 months. That could put the next BTC rise in June at 5 or 5.5 months. The early stages of that rise scenario could start in mid April.
Making early to middle February the sweet spot as the XMR rise took 6 weeks to run the most important parts. 3 weeks for the main parts of the rise and another 3 weeks on the back side until the crashing really started. That XMR crashing started the moment BTC started ticking upward again.
Now just waiting...
Nice post btw. Didn't you call the early-November (I think?) BTC drop hours before? Or was that someone else ...?
Thanks, yes that would be me.
BTC bounce started so let's see what happens. Usually it's on the downside of the first bounce that the Alts can start up. Whales want to feel safe knowing BTC is in a stable place far from peak first before taking action. This BTC bounce could last a week or so to about 1050-1075. Then a couple weeks of sliding down and stabilizing at a lower level like where we are now in the low 900s. That will be the sweet spot for FCT.
I agree. Been following Factom for a while now. Alts are showing signs of a meteoric rise soon to come. I've been trading crypto for years, and knowing when to invest in alts is key (there are long bull and bear trends, and I think many people stuck with alts during the past 6 months only to suffer losses while bitcoin continued to gain). I think alts are turning around now. Check out this altcoin index: T&C 20 at www.altindex.io. It tracks historical performance of altcoins with live price updates. My crypto colleagues and I have been using it for a while now, but just made it public last month.
I think with alts on the rise, Factom's robust funding, M2 being rolled out now, and the Exodus wallet release shortly thereafter, Factom will have a very strong January and/or February.
That s a very strong statement and I sincerely hope u re right. I do also feel Factom s been somehow slow in showing its real price potential and it definitely takes place among top 3 crypto investment in 2017. If not the most attractive one. Since you have put a date on this expected growth, let s wait and see.
