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Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 147. (Read 2115898 times)

full member
Activity: 174
Merit: 100
waiting for my buy to hit

and suddenly those 1 FCT = 0.0015 BTC (GrossBitTM)predictions don't seem ridiculous...
sr. member
Activity: 469
Merit: 250
waiting for my buy to hit
hero member
Activity: 644
Merit: 500
finally my buy orders filled nice stash now... thank you dumper

so wheres the 27/28 buy and 30/31 sell guys now did u get forced to sell when it went to 24 lol keep on day trading
hero member
Activity: 1008
Merit: 505
So we got 15 days until Christmas / New Year vacation/celebrations begin for Factom staff and most people in the world.. M2 count down begins...... Factom please don't disappoint your investors. We all have faith in you!!!

Make us proud!
hero member
Activity: 1008
Merit: 505
I've been in a short since 340k for 7 BTC Grin keep it up, we will hit 200k and I'll close then.

Thats not what your history tells us. Nice try noob.
sr. member
Activity: 644
Merit: 250
I've been in a short since 340k for 7 BTC Grin keep it up, we will hit 200k and I'll close then.
member
Activity: 84
Merit: 10
Well crap...hope more forced liquidations don't start happening again.
hero member
Activity: 644
Merit: 500
Crazyivan joining the bulls again?

Permanently! I ve decided to get into Factom again. Paul`s posts from yesterday convinced me to do so.

Hello world!

He will be selling soon  when he sees little profit

Even if that s true, what s wrong with that?
If you re so ignorant and do not understand how to make money on Factom, that s your problem.

Lol im up 8300% since i investeded in crypto

Dont talk poop

Nice, glad to hear that. I suppose you did that by NOT SELLING?

Exactly, NOT SELLING for a 10% rise
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Crazyivan joining the bulls again?

Permanently! I ve decided to get into Factom again. Paul`s posts from yesterday convinced me to do so.

Hello world!

He will be selling soon  when he sees little profit

Even if that s true, what s wrong with that?
If you re so ignorant and do not understand how to make money on Factom, that s your problem.

Lol im up 8300% since i investeded in crypto

Dont talk poop

Nice, glad to hear that. I suppose you did that by NOT SELLING?
hero member
Activity: 644
Merit: 500
Crazyivan joining the bulls again?

Permanently! I ve decided to get into Factom again. Paul`s posts from yesterday convinced me to do so.

Hello world!

He will be selling soon  when he sees little profit

Even if that s true, what s wrong with that?
If you re so ignorant and do not understand how to make money on Factom, that s your problem.

Lol im up 8300% since i investeded in crypto

Dont talk poop
sr. member
Activity: 644
Merit: 250
Who hasnt hopped back in at 26-27 level, its so easy, just dump once we hit 30+. Rinse and repeat lol. I am very surprised Factom has been stagnant for two days now.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Crazyivan joining the bulls again?

Permanently! I ve decided to get into Factom again. Paul`s posts from yesterday convinced me to do so.

Hello world!

He will be selling soon  when he sees little profit

Even if that s true, what s wrong with that?
If you re so ignorant and do not understand how to make money on Factom, that s your problem.
legendary
Activity: 1036
Merit: 1000
First-time buyer,long time watcher.Anyone here know if Factom has any development plans with Ethereum
hero member
Activity: 644
Merit: 500
Fct team care to recover fct price with a few 1000 btc u received from funding or do u guys wanna buy @ 30$ a coin?


Just kidding let them dump the cheaper the better hehehe

Factom price is for day traders. They are doing the work that will pump this way more than a few1000btc

Edited


No need for a thx rrply
sr. member
Activity: 644
Merit: 250
Fct team care to recover fct price with a few 1000 btc u received from funding or do u guys wanna buy @ 30$ a coin?


Just kidding let them dump the cheaper the better hehehe

Factom price is for day traders. They are doing the work that will pump this way more than 1000btc
hero member
Activity: 644
Merit: 500
Fct team care to recover fct price with a few 1000 btc u received from funding or do u guys wanna buy @ 30$ a coin?


Just kidding let them dump the cheaper the better hehehe
full member
Activity: 144
Merit: 100
Brian Deery, if you're here, well done for pushing through that Crypto Show interview. Those guys are the most unprofessional fools that talked complete dribble for 3/4 of the show.  You hardly had a chance to cover any topics of real interest with the constant interruptions. I refuse to listen to their show again.

I have been on the show multiple times and have mixed feelings.

First, you have to understand that the show is first and foremost an FM radio program broadcast live in Austin.  As such, it has to abide by both the FCC rules, as well as the network rules, giving regular time slots for advertisers.  It is not apparent from the podcast version, but there is a clock on the screen which is counting down the seconds until the next ad cycle starts.  It does not wait for someone to finish a thought, or a sentence.  The hosts fill some of the time between the last thought and the start of the ads if they think that the next point the interviewee will make will take more than the available time.  I am also grateful for the breaks, because it allows time to coordinate what you are going to say in the next segment, use the restroom, etc without interrupting the show flow (more than is expected).

I have been on the show when the main talker, Chris, was not present.  It was a fairly awkward experience.  I am now glad to have the conversational lubrication he provides.  Could he be more concise sometimes?  Sure, but that is his personality.  We may dislike parts of the show, but it takes a lot of sustained effort to keep a biweekly show running for several years.  Not many others have had the energy to make it happen.


Adam B Levine came on the show one time.  He has been doing podcasts for years, but he gets to edit them after recording, and he gets to decide when ads happen.  He mentioned that it was a little intimidating coming on the show where there was no editing, and everything was happening live.

I listen to the show too.  I can't stand listening to it at regular speed.  I listen to it at minimum 150% speed, oftentimes faster.  

At one conference I attended, Adam was mentioning before his speech that he had a lot of content, and that he was afraid that he would be talking too fast.  I assured him that he could talk 50% faster and be just fine.  Smiley
legendary
Activity: 1960
Merit: 1128
A few questions I hope someone can answer.

The reason Factom works with a token (Factoid) is to prevent it from SPAM. With Factoids you can buy (EC) Entry Credits.

2. Are the costs of 1 entry equal to 1 EC?


2. yes

yes, but only in some circumstances.

Entries need 1 EC per partial KiB.  If an entry is 4310 bytes in payload, it will require a minimum of 5 ECs.  There is a maximum payload size of 10240 bytes, which would require 10 ECs.

The bytes that are counted are the payload.  This includes the content, as well as the data in the extIDs.  Also charged is the 2 byte over head for each extid describing its length.
https://github.com/FactomProject/FactomDocs/blob/master/factomDataStructureDetails.md#entry

When creating a new chain, it takes a new entry to be the first one in the chain.  Since creating a new chain adds overhead into the system, it requires more ECs to make a chain.  It takes an extra 10 ECs on top of the quantity for the payload to make a new chain.  Making a chain takes between 11 and 20 ECs.



Ah... okay, thanks for the clarification! I mixed it up and believed one entry would be limited to 1 KiB but your explanation definitely makes more sense.
hero member
Activity: 644
Merit: 500
Crazyivan joining the bulls again?

Permanently! I ve decided to get into Factom again. Paul`s posts from yesterday convinced me to do so.

Hello world!

He will be selling soon  when he sees little profit
full member
Activity: 144
Merit: 100
A few questions I hope someone can answer.

The reason Factom works with a token (Factoid) is to prevent it from SPAM. With Factoids you can buy (EC) Entry Credits.

2. Are the costs of 1 entry equal to 1 EC?


2. yes

yes, but only in some circumstances.

Entries need 1 EC per partial KiB.  If an entry is 4310 bytes in payload, it will require a minimum of 5 ECs.  There is a maximum payload size of 10240 bytes, which would require 10 ECs.

The bytes that are counted are the payload.  This includes the content, as well as the data in the extIDs.  Also charged is the 2 byte over head for each extid describing its length.
https://github.com/FactomProject/FactomDocs/blob/master/factomDataStructureDetails.md#entry

When creating a new chain, it takes a new entry to be the first one in the chain.  Since creating a new chain adds overhead into the system, it requires more ECs to make a chain.  It takes an extra 10 ECs on top of the quantity for the payload to make a new chain.  Making a chain takes between 11 and 20 ECs.

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