Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 106. (Read 2115898 times)

+1 factom mooning soon just dont sell to early

edit: let btc rise til 1-2k fct will follow always remember if btc fails so will factom

Yeah I just sold all my Monero and bought Factom.
It hurts my soul to sell a coin that is rising and buy into one that may drop further, but the long-term potential of Factom is just too great.
Every week or two there is a new partnership being announced or some award. Further wallet developments and integrations will only make it a more accessible product.

I'll just avoid looking at the price of FCT for a while, and hopefully in a few months from now I'll be happy I made the swap.

Jay, for a second I hoped we could ignore Pap0u as forum community, but unfortunately you quoted him again and gave him once again the stage he is looking for. I really hope there will be a day that EVERYBODY here can just let him post his FUD here without feeling the need to respond. Pap0u made himself already completely ridiculous. Just look at his posts history. They really depend on whether he is long or short and on what the price is doing. In one day he can say everybody wants to exit and hours later that it goes to the moon if the price is rising. Just don't give him attention. Everybody who qoutes him or replies to him is giving him exactly what he wants. So, once more, IGNORE THE GUY... please... Whenever he post something, remember one thing: he is looking for a response and he is not worth to get one...

Just a few things here that you should keep in mind and then just ignore all FUD:

- Factom is a real company with +/- 30 people that are all known by name (which crypto currency can say that: most of them are pretty shady)
- Factom has already real business products that solve real business problems and these products are being used more and more
- Factom got grants from US Homeland Security and Bill & Melinda Gates foundation (quite some names)
- Factom won several meaningful awards
- Factom is backed by large investors like Tim Draper and every round it raises more funds (recently 4.2 million USD)
- Factom is rolling out M2, the most important Milestone of the project
- With M2 there is support for wallets like Exodus. This will attract more buyers who don't want to store coins on an exchange and it will take away FCT supply from exchanges. This supply is currently partly used for shortening the price, and that will partly disappear. Just look at the % of coins (compared to total supply) ETH and Monero have on Polo and compare that to FCT. The reason that % is so high for FCT is because of the lack of wallets. This problem will be solved soon.
- Factom has real clients and is expanding rapidly. Smartrac is a big one and will start using Factom in January with its product Dloc, expecting to increase the entries.
- Factom is a top 5 coin on Polo in terms of volume and lately even a top 3 coin. High volume means healthiness. It attracts large investors that want to be able to enter and exit at any time, for which high volume is required.
- The price of a FCT was at December 6th 2016 at 1.58 USD because of the panic of a hack. Before that event it traded around 2 USD. a few weeks later it was pumped to 3.40 after which it is stable now at 2.45USD. It's completely normal that such a pump could not hold completely. But FCT did not fall back to it's old level again and even the latest BTC pumps cannot take the price down in USD value for long. It continuously recovers if it drops with a BTC pump. This is very promising and means traders don't want to take it lower for long. I would say that every drop to low 2 USD is currently a bargain. The market believes in Factom, but the price will rise when it's the right moment. Until then you should not care about the swings and take your chances to accumulate when others panic.

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I'm just saying real shady it started to pump before the official word which shows clear insider trading but in a bad way,it all got dumped on. BTC is bullish to even 10,000 USD who knows and Factom is just not looking as promising anymore. Not sure why the big holders like seeing there holdings diminish and we dip below 250k which for the record I called. Big money is fleeing Factom, and all the shills here are abusing new buyers selling bags.

We will not see 300k but we will see 3M in a long run... You just continue to FUD bcoz thats what you know to do PERFECTLY....

Hope everybody had a nice Christmas. Back to business again. FCT looks good imo. Still high volume trading. USD value stays strong around 2.45, while a lot of money flows to BTC and Monero as they currently have a run, but these runs will ease at some point. M2 being rolled out and the more wallets like Exodus coming soon, taking away supply and attracting more long term holders who currently don't want to buy if there is no wallet. Factom will start working with Smartrac next month and they are building a few new application that make use of the Factom Blockchain.

These dips in the price are constantly recovering in USD value (remember FCT was at 1.58USD a few weeks ago and now 2.45), so I see it as a good moment to accumulate when the price does dip. The last few BCT runs had almost no effect on the USD price anymore, meaning those who wanted to sell FCT for BTC have done so. A lot of FCT is at Polo due to the fact there is not a proper wallet just yet, so I think we see one of the last moments to buy FCT cheap as it can still be shortened a lot due to all people lending out there FCT for cheap rates. At some point these effects fade away and there will be a new bull run, cause that's a moment everybody want to take a piece of the pie.

Remember, buy FCT and keep it long term. Only then you won't care about the swings, besides being happy to accumulate cheaper if it drops for a day...

Nice and quiet here, a few hairy trolls, a few desperate alternate coin promoters.
Price nice and stable (USD) actually better performing than ETH and many other alts.

Clear skies and M2 / Exodus release imminent

2016 was a good Factom year, 2017 will be a great Factom year

Factom market is dying a slow death. I hope no one is holding bags above 300k...it looks like we won't see above 300k for around a year or so.

My guess is this m2 "pre release" news was orchestrated for a final exit on the dying market, especially with the December Bitcoin rally. Makes me wonder if Factoids are even a good long term investment now....they could be selling everyone their idea but never come through with anything....

It's a very subjective post. The guy is posting that every few pages. Just look at his history. He is a XEM holder and wants to try to get some FCT holders to sell and buy XEM. I would just ignore him and do your own research. That is in 99% of the cases a better way to go.

I thought the graphic that was posted was made for Nemesis to highlight how it was superior to Factom, actually.
A discussion on the technical differences between the two is a good thing, in my opinion, since they offer some similar features.
If there is a comparison between Factom and XEM, I would be interested to hear more info.

Look here to see the cleanup work before they proceed with a fork.

https://github.com/FactomProject/factomd/branches/active?page=1

a weekly update about the rollover would be nice any devs care to respond ? 

Factom Slack:

http://factomfoundation.stamplayapp.com/

Yeah bitcoin increase effect many projects including FCT but it will be a success for factom project if staying in the current price limit for the coming months regardless to bitcoin price.

FCT did briefly double in price from it's low point in early December but it looks like I made a slight error about BTC's price. It's likely to go up to 1100-1200 by first week or two of January. After that FCT should finally have it's window in January or February. It's hard to complain about BTC going up 50% every 6 months.

I am thinking there will be a few coins going up rather massively after this BTC rise finally cools.

Although, there have been coins that rise in price with BTC simultaneously. One can hope.

It tells us the market s been nervous due to BTC price increase. Once this stabilizes, we ll be back to the old game.

I don't worry about the price at all.If the price falls, I will continue to buy. If the price goes up, then I've made a profit.
We are holder,not trader.Traders must be smart enough, so they are very tired，they need to follow the price movement. I can understand their various positive and negative judgments,it is part of their job.

Yes, that is all true and great, but so far none of those news has impacted the price of Factoids, and that tells us something...

There will be a series of new products and market development activities,including mortgage credit record on blockchain,etc.