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Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 101. (Read 2115898 times)

sr. member
Activity: 385
Merit: 250
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...


Nice post btw. Didn't you call the early-November (I think?) BTC drop hours before? Or was that someone else ...?
legendary
Activity: 1960
Merit: 1128
What factom news is coming in the immediate future?  Obviously factom has a great future, but news drives the price, so it's helpful for predictions.

Next will be that M2 is implemented and running and they will release the new wallet for us etc. --> https://docs.factom.com 

Deposits are still disabled but I believe it will be finished soon.
legendary
Activity: 1386
Merit: 1023
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...


member
Activity: 71
Merit: 10
What factom news is coming in the immediate future?  Obviously factom has a great future, but news drives the price, so it's helpful for predictions.
hero member
Activity: 644
Merit: 500
Hi,

is it safe to buy FCT at Poloniex?

And is it possible to store FCT at Omniwallet?

Yes to Poloniex

No to Omniwallet

Thanks  Wink

Is there any web based wallet?

No but exodus wallet is coming soon just hold on
full member
Activity: 139
Merit: 100
Polar bears are left handed
Hi,

is it safe to buy FCT at Poloniex?

And is it possible to store FCT at Omniwallet?

Yes to Poloniex

No to Omniwallet

Thanks  Wink

Is there any web based wallet?
newbie
Activity: 25
Merit: 0
Hi,

is it safe to buy FCT at Poloniex?

And is it possible to store FCT at Omniwallet?

Yes to Poloniex

No to Omniwallet
full member
Activity: 139
Merit: 100
Polar bears are left handed
Hi,

is it safe to buy FCT at Poloniex?

And is it possible to store FCT at Omniwallet?
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

M3 will be released when price is stable @ x3 ATH which is 0.02607

where is this info coming from?
Here:

https://www.lolikop.com/M3-release/speculation

i see. seems like a legit source ... bookmarked it right away Wink

Well if we d know for sure or have official forecast from FED, we d be millionaires in a few years. So yes, crypto trading s all about 10% TA and 90% feeling. Do you have it? What do you think?
member
Activity: 104
Merit: 10
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

ok, i got it now Wink thx for clearin up
member
Activity: 104
Merit: 10
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

M3 will be released when price is stable @ x3 ATH which is 0.02607

where is this info coming from?
Here:

https://www.lolikop.com/M3-release/speculation

i see. seems like a legit source ... bookmarked it right away Wink
hero member
Activity: 644
Merit: 500
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

M3 will be released when price is stable @ x3 ATH which is 0.02607

where is this info coming from?
Here:

https://www.lolikop.com/M3-release/speculation
member
Activity: 104
Merit: 10
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

M3 will be released when price is stable @ x3 ATH which is 0.02607

where is this info coming from?
sr. member
Activity: 385
Merit: 250

FCT is the most valueable coin in the future, btw, what does m3 mean?

M = Milestone

M1: Launch/Release of the protocol (done)

M2: Entry Credit Store (done), Consensus-Algorithm for the protocol - the software supporting distributed processing of the Factom protocol. (pending)

M3: Election protocol - the last step to make Factom a decentralized system with federated servers under independent control.
hero member
Activity: 644
Merit: 500
its because m2 is not online yet their still testing
sr. member
Activity: 332
Merit: 252
where can we find the binaries to run the FF wallet?

Would like to try it out, they never added the URLs

full member
Activity: 215
Merit: 100
a question that came up:
is there a complete total amount of FCT? will the process of burning/creating always be going on, or are the burned FCT somehow "reused"? if it goes on "forever", how so? are they being mined? even premined? thin air? Wink thanks

73k coins will be created each month.

You can view total coins here:
https://factoid.live/

73k coins will be created after M3 is launched.

But also remember coins will be burned as entry credits are used.


FCT is the most valueable coin in the future, btw, what does m3 mean?
hero member
Activity: 644
Merit: 500
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.

M3 will be released when price is stable @ x3 ATH which is 0.02607
legendary
Activity: 1960
Merit: 1128
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..

After M3 Factom will be fully decentralized and run on federated servers which will be elected and rotate. The 73k Factoids are payment for those servers.

Edit: Until M3, which can be expected in 1 year or so, no Factoids will be created. That's why the supply is decreasing - through Factoid-to-Entry-Credit-conversion --> "burns" Factoids.
member
Activity: 104
Merit: 10
thanks for the answers. my question just was, where these 73k factoids a month are coming from. are they being mined each month, premined or just created? just curious ..
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