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Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 134. (Read 2115898 times)

sr. member
Activity: 644
Merit: 250
Buy walls are probably there to force orders in front of 250k so they can build up and then dump on them.
newbie
Activity: 14
Merit: 0
Those who want to Chit chat about the price can go and open a Speculation Thread and chat about the Price till they want to... Keep this thread clean from your Price chats

+1

Nah this thread needs more fud ! I like the current price but i think it could be cheaper and i wouldnt mind lowering my average purchase price.


I think that the more it becomes clear that some folks want to talk the price down, the less likely it is that it will happen. People who read it will think: apparently FCT is a must have for many people, so lets make sure I won't miss the boat and buy now... LOL

I wanna buy some more for sure, but i dont trust those big orders, thats manipulation first class.
Happend yesterday and my prediction here came true its only to drop the price mostly or a really really really lazy buyer



ya i think so too, those buy walls don't look right. Probably safer to wait until they're either eaten up or removed. No one with that kind of money is that lazy.
legendary
Activity: 1204
Merit: 1000
Those who want to Chit chat about the price can go and open a Speculation Thread and chat about the Price till they want to... Keep this thread clean from your Price chats

+1

Nah this thread needs more fud ! I like the current price but i think it could be cheaper and i wouldnt mind lowering my average purchase price.


I think that the more it becomes clear that some folks want to talk the price down, the less likely it is that it will happen. People who read it will think: apparently FCT is a must have for many people, so lets make sure I won't miss the boat and buy now... LOL

I wanna buy some more for sure, but i dont trust those big orders, thats manipulation first class.
Happend yesterday and my prediction here came true its only to drop the price mostly or a really really really lazy buyer

member
Activity: 97
Merit: 10
Those who want to Chit chat about the price can go and open a Speculation Thread and chat about the Price till they want to... Keep this thread clean from your Price chats

+1

Nah this thread needs more fud ! I like the current price but i think it could be cheaper and i wouldnt mind lowering my average purchase price.


I think that the more it becomes clear that some folks want to talk the price down, the less likely it is that it will happen. People who read it will think: apparently FCT is a must have for many people, so lets make sure I won't miss the boat and buy now... LOL
legendary
Activity: 2020
Merit: 1041
Those who want to Chit chat about the price can go and open a Speculation Thread and chat about the Price till they want to... Keep this thread clean from your Price chats

+1

Nah this thread needs more fud ! I like the current price but i think it could be cheaper and i wouldnt mind lowering my average purchase price.
newbie
Activity: 48
Merit: 0
Those who want to Chit chat about the price can go and open a Speculation Thread and chat about the Price till they want to... Keep this thread clean from your Price chats

+1
sr. member
Activity: 812
Merit: 251
I-CHAIN - The Revolution of Digital Advertising
Those who want to Chit chat about the price can go and open a Speculation Thread and chat about the Price till they want to... Keep this thread clean from your Price chats
member
Activity: 84
Merit: 10
Lets just stop talking till m2 gets released most likley within 2 weeks  in the mean time lets put some buy orders under 200k and just stop replying here unless some new news comeout






I agree about stop talking about m2 but 2 weeks? Dont no man could be for next year..

Please just stop talking, this topic is from now on for questions related to fct or till some news never posted before comes out.
 
Anyone who replies without  these 2 rules can and will be marked 100% troll/spammer/fudking

Lol, can I come up with some arbitrary rules for this public forum or do you just get to dictate those? 
hero member
Activity: 644
Merit: 500
Lets just stop talking till m2 gets released most likley within 2 weeks  in the mean time lets put some buy orders under 200k and just stop replying here unless some new news comeout






I agree about stop talking about m2 but 2 weeks? Dont no man could be for next year..

Please just stop talking, this topic is from now on for questions related to fct or till some news never posted before comes out.
 
Anyone who replies without  these 2 rules can and will be marked 100% troll/spammer/fudking
sr. member
Activity: 301
Merit: 250
Lets just stop talking till m2 gets released most likley within 2 weeks  in the mean time lets put some buy orders under 200k and just stop replying here unless some new news comeout






I agree about stop talking about m2 but 2 weeks? Dont no man could be for next year..
hero member
Activity: 644
Merit: 500
Lets just stop talking till m2 gets released most likley within 2 weeks  in the mean time lets put some buy orders under 200k and just stop replying here unless some new news comeout




legendary
Activity: 1960
Merit: 1128
We shall see. I have long term faith in Fct but it's 12 months+. Fct had a parabolic pump in the summer for no real reason, value wise. It's going to fully retrace back to the beggining before the summer pump, every market retraces fully when you can't justify the current price and it's sad to say 250k is still unjustified for a Factoid, that's what you guys aren't getting.

Oh boy, you don't even understand the Factom-eco-system. Nearly nothing what you say makes any sense with that in mind.

For example:

1) "I have long term faith in Fct but it's 12 months+"

How can you have longterm-faith in FCT when you believed this just some hours before?

So people bought something useless, great even better. 80k looks like an expensive figure now, thanks for the clarification that people won't even need Factoids to make entries, so Factoids are completely worthless

And why even longterm-faith if you believe that Factoids are "completely worthless"? Is that logical? 



2) "Fct had a parabolic pump in the summer for no real reason, value wise."


Let's see what happened in summer. First take a look on the Bitcoin-Chart. What do you see from mid June until September?

Second (from June 17 until August 23):

DHS S&T Awards $199K to Austin Based Factom Inc.
https://www.factom.com/blog/dhs-s-t-awards-199k-to-austin-based-factom-inc

SmartContract + Factom Announce Collaboration
https://www.factom.com/blog/smartcontract-factom-announce-collaboration

DataYes + Factom Announce Collaboration
https://www.factom.com/blog/datayes-factom-announce-collaboration

Intrinio + Factom Announce Collaboration
https://www.factom.com/blog/intrinio-factom-announce-collaboration


No reasons? Really?



3) "It's going to fully retrace back to the beggining before the summer pump, every market retraces fully when you can't justify the current price and it's sad to say 250k is still unjustified for a Factoid, that's what you guys aren't getting."

It's possible that the price goes down if Bitcoin should shoot up. But not for long - once Bitcoin would go down, Factom would be one of those that would explode. Why? Because it is undervalued in comparison to most of all projects out there. Do you know any other Blockchain-project that has already fixed so much real business-connection and already is able to solve real-world-problems?

Take a look at the marketcaps: http://coinmarketcap.com/all/

A marketcap below $20 M, but you believe Factom is overvalued? This low valuation is a diagnosis of the mental health of the collective of Crypto-"Investors" - even more in the context of Hypes like Steem and jokes like Doge and Zombies like Litecoin and Drama-Queens like Ethereum (still above $700 M).

sr. member
Activity: 385
Merit: 250
We shall see. I have long term faith in Fct but it's 12 months+. Fct had a parabolic pump in the summer for no real reason, value wise. It's going to fully retrace back to the beggining before the summer pump, every market retraces fully when you can't justify the current price and it's sad to say 250k is still unjustified for a Factoid, that's what you guys aren't getting.

You're seriously still keeping up the guise of posting for other investors' benefit?

Nothing you have written has any benefit for anything other than promoting your (current) portfolio's objectives. Everyone already knows that.

Seriously ... you're shameless either to the point of being a sociopath (4% of the general population is ... not as uncommon as most people think) or flat-out psychotic. For your own sake I hope you're psychotic. It's a lot more decent.  
sr. member
Activity: 644
Merit: 250
We shall see. I have long term faith in Fct but it's 12 months+. Fct had a parabolic pump in the summer for no real reason, value wise. It's going to fully retrace back to the beggining before the summer pump, every market retraces fully when you can't justify the current price and it's sad to say 250k is still unjustified for a Factoid, that's what you guys aren't getting.
legendary
Activity: 1568
Merit: 1000
Yep, as the price crashes down. So now 250k is looking like 300k did, and we know wats next from here. I've made plenty trading this already and now I'm fully out and waiting to see what to do but most likely it's going down. Only reason I closed the short is because I don't need to get pumped to liquidate me and then dumped right after...and I wanted to untie my money and it was a good enough profit. I just hate when people get taken advantage of that's why I'm saying WAIT. Invest in Fct but not at this price because it's too erratic and it will come crashing down...you guys can only keep it afloat for so long. Even if Factom ends up as a success, the price will be coming down because the big leaguers will want to stock up for the next pump and as we see there is no buy support until the price is sub 200k

People are not idiots, that's why when the last dump happened to 200k many of us bought all we could, it's free money basically. Factom at $1.xx before M2? What are we talking about? It didn't last for too long. I agree that the price is too volatile due to manipulation but this is the same that happened with Ethereum, enough is enough.

These projects have the potential to be worth well above $100 per token/coin if blockchain start breaking into the mainstream and corporate world for real in 2017/2018. All these prices are jokes if you are here long term. For short trading, no one can't really predict bottoms. Everyone was saying Ethereum would hit .004 or at least .006, it didn't happen.

Honestly the FCT dump from 400-500k was deserved due to delays with M2 and lack of communication, the market is not illogical. Now the price is fair in my opinion, it can go either way short term. The minute there are some M2 news or activity be sure to say goodbye to 200ks though.
full member
Activity: 183
Merit: 100
I don't know if Paul replied to the last post, but there is no text under the quote there.

Forgot what I was doing I think.  I'll not delete the thing, but I'm guessing I hit the wrong button somewhere along the way.

Paul

No worries. How is M2 testing progressing?

We are pounding away on the Factom Federation (M2).  I'm feeling good about it.  The Test Net is holding up.  That said, we still have some work to do to make our release.  We are doing everything we can to release as soon as we **Safely** can do so.  No promise about schedules here.

Paul
sr. member
Activity: 644
Merit: 250
Yep, as the price crashes down. So now 250k is looking like 300k did, and we know wats next from here. I've made plenty trading this already and now I'm fully out and waiting to see what to do but most likely it's going down. Only reason I closed the short is because I don't need to get pumped to liquidate me and then dumped right after...and I wanted to untie my money and it was a good enough profit. I just hate when people get taken advantage of that's why I'm saying WAIT. Invest in Fct but not at this price because it's too erratic and it will come crashing down...you guys can only keep it afloat for so long. Even if Factom ends up as a success, the price will be coming down because the big leaguers will want to stock up for the next pump and as we see there is no buy support until the price is sub 200k
sr. member
Activity: 812
Merit: 251
I-CHAIN - The Revolution of Digital Advertising
Dunno know why Papou is upset. I thought he never lost on his trades?

Somebody obviously ratted his cage. I did suggest we all give him a nice, trollish trust rating to his account. He has deserved it several times by now.

Well. everyone one gets upset when people struggle to do something but the plan backfires them... May not be new for Pap0u
legendary
Activity: 1652
Merit: 1007
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Dunno know why Papou is upset. I thought he never lost on his trades?

Somebody obviously ratted his cage. I did suggest we all give him a nice, trollish trust rating to his account. He has deserved it several times by now.
full member
Activity: 151
Merit: 100
Dunno know why Papou is upset. I thought he never lost on his trades?

nah his words and actions are usually opposite. I have known him for over 2 months in cryptopia slack

maybe he has already bought factoms at the current price. He is trying to make factom to go down lower (150k) so he can buy more

if he was so confident at his statement "factom will reach 150k", he wouldn't have closed his short  Wink

that's why i always use him as an indicator for buying or selling by doing oppositely at what he says Grin
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