Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 145. (Read 2115898 times)

Explain why? People want to invest but they want the best price possible and Factom has a precendce of dumping now that can not be broken by anything.

When pigs fly troll.

yep i got some buy orders @ 150k also even if im sure 90% wont happen but still taking a big  risk why? because we leave our money at polo and they could go gox anytime 50/50 chance but my fct is out of polo i have my own wallet no need for exodus newbies need that i dont

Man no one is doubting Factom. The company will be a long term success, the price of Factoids will be more expensive then what they are now but that's in the future. Right now play the swings and know that it will most likely touch 150k before it goes back up

dude dont let me quote ur 3-4 months old posts, im sure u always have something to say to defend ur self but if someone posts BS its you

You re WRONG! As usual, you re wrong.

Still, most of your posts here ve been nothing but pure BS and trying to teach people what to do and what not to do. My friend, it s been long time since I ve had or needed a teacher. So don't bother.

Not for 2 years! ICO was in spring 2015, launch was in early October 2015, first time Paul Snow explained more about M2 was in December if I'm correct.

And my guess is: M2 is most likely the hardest Milestone to do and that once it is released, we will see M3 some months later - 3 to 6 maybe. 

we are waiting for m2 for almost 2 years now still not released so m3 could take 2 years /3 years would be better (it fits the name) by then we might have only 1mil factoids left probably much less price would be 400$ end of 2018

Not from Factom, but I can take a crack ...

Clients don't need to buy FCT directly. Given the price swings, this would be impractical for most big businesses/organizations/govts. Instead they can buy Entry Credits directly from Factom and soon, from other third-party EC stores. Clients can buy EC now (at a fixed price of 1/10th of a cent) from Factom here: https://shop.factom.com/

For the second question, this get more complicated, but basically the EC price is kept constant at 1/10th of a cent, for the sake of businesses/etc that need to plan for future usage. However the FCT price is dictated by the market. One token (EC) at a fixed price, and one (FCT) dictated by the market, means that the FCT -> EC exchange rate remains dynamic.

For your question about the FCT supply if investors don't want to sell ... This would push the FCT price up, so that fewer FCT would be required to generate the same number of EC. The supply is dynamically self-adjusting, so that the system can never run out of EC, and FCT has a base price that's a function of Factom's usage (beyond which it can't drop w/o risking a depletion of FCT supply). More about this is here:

https://www.reddit.com/r/factom/comments/4zxi6e/fct_ec_and_the_factom_financial_ecosystem/

You also ask about what the supply-equilibrium point is. I'm not sure, but ... FCT supply will be reduced until M3, after which 73K FCT will be generated each month. The new supply will help ensure the supply equilibrium (that FCT supply doesn't drop to 0), and b/c this will be coming out around M3, my guess is that that equilibrium level will be slightly lower than the current supply today—or basically, whatever it drops to before M3's release.

Hope this helps! And hopefully someone from Factom can weigh in more authoritatively about where they expect supply to stabilize ...

...
wow u finally got it guess ur strategy didn't work after all...

day trading is for big guys with 100-200 btc in fct (for now) u never know what their plans are

most people see ur status @legendary so they think u must have 50-100 btc in fct but im sure u dont even own 10 btc but if u hold u can reach that...

anyways keep it up and dont get back to day trading if u see 50-70 % profit because eventually u lose it all

Right, the hardest thing to do as an investor sometimes is to Do Nothing. I've more or less filled up on FCT and have stopped watching the charts daily. I think Factom has massive value. The short-term shenanigans are what they are, but ultimately price will follow value. However long it takes for price to catch up, I'm holding ... Not out of loyalty or anything else, but just b/c FCT is imo by far the most underpriced crypto atm, so selling into anything else simply doesn't make sense.

I can test it, kidding i will never do that, but mostly they are not as stupid as you expect. they do it around support levels to break them

At this point, any reader here with 50 BTC worth of Factom could influence the price big time. So let them do it, if one needs to lose money to get smart and sell just before M2, well, every education costs money.

I agree on that they have way to much money to care about bitcointalk forum, but its kinda sad people that dont know the market
but supported factom will sell cause of fear and give them cheaper fct.

lol... nobody who influences the pice reads this...

More dumpers, DUMP more, do your worst. YOU WILL NOT SCARE ME AWAY!!!

Give me best you ve got.

Like this attitude.... is the one i try to adopt in this cryptoworld.... Hope it will pay back heheheeh

Now I m in again, I do not intent to sell until long time after the M2. The price can go to 10, I really do not care. During my time in crypto I ve learned real investors re extremely patient. Like a tiger in a bush, waiting for the prey.

So, dumpers and speculators, do your worst, I really do not care at the moment cause you cannot scare me!

Fair but you have to be careful as we've seen all year with ETH, XMR and FCT. Some pumps were unrelentless and many shorters got rekt because there was no way ETH could've gone to almost 0.04. Factom got to 0.008 which now seems a very distance past. XMR pumped like hell too and it was all basically a charade based on supposed adoption by the dark market.

If you don't get too crazy on margin and go all in and are willing to hold your short or long position for long (even months) and add little by little, I agree you will always make money. The problem is desperation usually sets in and the phrase "the market can stay irrational longer than you can stay solvent" becomes a harsh reality.

What I'm saying is generally crypto is such a small market and its way easier to make money on downsides then upsides. Everything always dumps, there is always people willing to pay a cheaper price but it's very hard to get a buying rally or find people willing to buy in general. All I'm saying is use Factoms limited buyers market and just short every small pump, or big one. It will ALWAYS dump no matter what.