Hey guys,
If you look at the factoids rich list on https://factoid.live/, you can see that 2.9 million FCT are on Polo. Leaving that address aside, it seems like 30% of all FCT is in hands of just 15 addresses. what is your opinion about the fact that such an amount seems to be so centrally owned by a hand full of people, especially in regards to the sustainability of any rise in price. I rather see some more decentralization in the ownership of FCT...
Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 137. (Read 2115898 times)
Yea you are all profiting off each other right now. We will break under 220k here shortly. Ivan is still in negative, 300k is a dream right now for at least 12 months until we see it again. You guys just all bought this up and look at the chart. Factom is a great project guys but why can't no one understand we are on the downtrend right now from the SUMMER PUMP. Like just look at the whole chart ffs. I am trying to save you guys money. People will start closing longs soon that were taken at 220k and it will be a bad day for those who are still swimming.
then just make ur own bid and shut up ur mouth. We don't need your stupid advise
And apparently it has proven that your advise is wrong
"people who bought at 21 are making good profit now"
if you don't know how to analyze chart, then just quietly read experts' opinions
assumptions won't convince anyone here. We all need proof and technical analysis
Note: everyone should know that even though Papou keeps saying Factom will go down to 150k but his action is totally different. He has already closed his SHORT.
Moon' are going to come out soon
In my Opinion, Bitcointalk really needs a Option to Ban anyone from the Thread that they are trolling. This will help many newbies bcoz they do what they see Old members do or tell them....
No we dont like centralized decisions
we likr freedom thats why we support crypto 
Also Factom is recovering good. There was a nice volume and movement Yesterday. Soon it will be where it belongs to (above 300K), Not below it...
I think this depends mostly on bitcoin atm, will it break up or down.
Yea you are all profiting off each other right now. We will break under 220k here shortly.
No i am Holding my Coins for very long time. and if it does fall below 220K. what i will do is just collect more....
Yea you are all profiting off each other right now. We will break under 220k here shortly. Ivan is still in negative, 300k is a dream right now for at least 12 months until we see it again. You guys just all bought this up and look at the chart. Factom is a great project guys but why can't no one understand we are on the downtrend right now from the SUMMER PUMP. Like just look at the whole chart ffs. I am trying to save you guys money. People will start closing longs soon that were taken at 220k and it will be a bad day for those who are still swimming.
The price will only move up after margin longs have been liquidated, this would either take time where the price moves horizontal or the price gets dumped with a spike for the margins to be liquidated. One of the disadvantages of a coin being in margin.
I personally think factom should get listed on more exchanges to negate these effects in future.
I personally think factom should get listed on more exchanges to negate these effects in future.
Of course Margin liquidations are disadvantage for a Coin. But For whales it is an opportunity to accumulate More. bcoz of them the price gets too low & the Margin accounts gets liquidated and they collect the liquidated coins....
Also Factom is recovering good. There was a nice volume and movement Yesterday. Soon it will be where it belongs to (above 300K), Not below it...
In my Opinion, Bitcointalk really needs a Option to Ban anyone from the Thread that they are trolling. This will help many newbies bcoz they do what they see Old members do or tell them....
DLook at all the buy support gone once again and run out of steem. Why are you guys trying to rally this when they are dumping hard on you? There is no established floor, just look at the books, its a free fall sell.
Quit trying to troll this forum bud so you can buy cheaper. Be a man and accept your loses.
Thx a lot.
The smart move will be for the team to launch M2 after BTC is truly in a confirmed decline back to the low 700s.
Hopefully this happens in the next week or two.
Then one could ride the confidence.
Hopefully this happens in the next week or two.
Then one could ride the confidence.
So far the volume of bitcoin went down, but the resistance not yet broken support at 5300 was hold and now going slowly up again.
Sold small of my long margin i opened at 210 for 266 (so indeed all people that didnt listen to Papou made a nice return. Now im short term biased depending on btc i do see btc have a nice run up this week at least to test 5400.
DLook at all the buy support gone once again and run out of steem. Why are you guys trying to rally this when they are dumping hard on you? There is no established floor, just look at the books, its a free fall sell.
Thats how you elevate the price, keep low buy support and buy off the sell wall.
U seem novice, but all that noise you create.....Hmm, nothing new on btctalk though.
Nice, we slowly go back to 30s.
DLook at all the buy support gone once again and run out of steem. Why are you guys trying to rally this when they are dumping hard on you? There is no established floor, just look at the books, its a free fall sell.
The smart move will be for the team to launch M2 after BTC is truly in a confirmed decline back to the low 700s.
Hopefully this happens in the next week or two.
Then one could ride the confidence.
Hopefully this happens in the next week or two.
Then one could ride the confidence.
Nobody is saying sell or Factom is a shitcoin. We are saying why buy at 240k when we see such a weak support at this level despite the recent altcoin rally that Factom got no piece of the pie. You will be able to buy at 80-150k very soon, just hold out, or buy slowly as it drops
oh man this dude
still can't give up
. You don't have any technical trading skill. Only like to talk shitgo ahead and bid at 150k if you want. Noone forces you not to do that.
goodbye 240k level. We are at 262k level now
Note: Papou is really a good indicator indeed. Now it will become the sixth time to do oppositely at what he says in order to earn good profit. Factom has risen back from 200k to 263k now.
This should become a golden rule " Papou is a indicator to buy/sell by doing oppositely at what he says because he always advises people to buy at PEAK or sell at BOTTOM so he can take more advantage from naive investors
The price will only move up after margin longs have been liquidated, this would either take time where the price moves horizontal or the price gets dumped with a spike for the margins to be liquidated. One of the disadvantages of a coin being in margin.
I personally think factom should get listed on more exchanges to negate these effects in future.
I personally think factom should get listed on more exchanges to negate these effects in future.
Nobody is saying sell or Factom is a shitcoin. We are saying why buy at 240k when we see such a weak support at this level despite the recent altcoin rally that Factom got no piece of the pie. You will be able to buy at 80-150k very soon, just hold out, or buy slowly as it drops
One other note as long as I'm on here, and this is mostly a PSA for new traders: Avoid margin longs at all cost. If you do take out a margin long on FCT, only do a very small percentage of your allowable margin, and if you're using FCT as collateral, even less. The people manipulating this market are smart. One possible strategy would be for them to lull investors into a false sense of security, encouraging FCT's die-hardest investors to venture into margin longs, and then to slam the price—I mean really slam it—just before M2, as a last-ditch effort to scare out margin calls and collect at an extremely low price. I think the chances of this happening are slim, but unless you have a lot of experience with margin trading, avoid it at all costs—it's simply too risky. OK ... PSA over.
+1 - very wise advice!!
One other note as long as I'm on here, and this is mostly a PSA for new traders: Avoid margin longs at all cost. If you do take out a margin long on FCT, only do a very small percentage of your allowable margin, and if you're using FCT as collateral, even less. The people manipulating this market are smart. One possible strategy would be for them to lull investors into a false sense of security, encouraging FCT's die-hardest investors to venture into margin longs, and then to slam the price—I mean really slam it—just before M2, as a last-ditch effort to scare out margin calls and collect at an extremely low price. I think the chances of this happening are slim, but unless you have a lot of experience with margin trading, avoid it at all costs—it's simply too risky. OK ... PSA over.
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