Please stop it with the constant bitching on price. Every alts are tanking at the moment. This news could have doubled the FCT price 2 months ago, now it gets dumped on. It's a cycle. As long as people believe BTC is super mooning all alts are going to be dead.
Be happy really.
ETC,ETH,BTC new lows, ... ,
Dash Maid close to new lows,...,
Ripple, XMR, FCT higher lows...
That's in moment like these that you can detect the next winner. I believe any of these 3 coins could do a x3,x5+ went BTC tops, just like LTC did 2 years ago. Any of these 3 coins are susceptible to be a LTC 2.0 imo
Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 164. (Read 2115898 times)
Its clear with the XMR exit pump in August and recent trading on margin alts that Poloniex is a rigged market operating an internal MM system engineered specifically to margin call over-leveraged traders. This is on $BTC exchanges as well which is nothing new but still disconcerting considering crypto markets are generally operated purely by retail traders and very few if any institutional funds. For the market to mature this will have to transition to an orderly market which will likely occur through regulation much like what the equity markets went through in the 1930s; hard to tell when the government will actual proceed with action though since the space is so new and generally the SEC does not move quickly.
I always said it...Poloniex is as crooked as it comes!
I will likely be contacting the SEC and considering a class action lawsuit against them at some point. This is kind of behavior went down in the 1920s and is the main reason why the SEC was created. This not a free market, its a completely rigged system that has internal MMs oriented specifically to run stops and margin call traders persistently. I've been trading in the equity markets for over a decade including the OTC pinksheets and have never seen anything this blatantly fraudulent in my life.
Couldnt agree more. That is why you need to do the opposite trades of what logic dictates.
Its clear with the XMR exit pump in August and recent trading on margin alts that Poloniex is a rigged market operating an internal MM system engineered specifically to margin call over-leveraged traders. This is on $BTC exchanges as well which is nothing new but still disconcerting considering crypto markets are generally operated purely by retail traders and very few if any institutional funds. For the market to mature this will have to transition to an orderly market which will likely occur through regulation much like what the equity markets went through in the 1930s; hard to tell when the government will actual proceed with action though since the space is so new and generally the SEC does not move quickly.
I always said it...Poloniex is as crooked as it comes!
I will likely be contacting the SEC and considering a class action lawsuit against them at some point. This is kind of behavior went down in the 1920s and is the main reason why the SEC was created. This not a free market, its a completely rigged system that has internal MMs oriented specifically to run stops and margin call traders persistently. I've been trading in the equity markets for over a decade including the OTC pinksheets and have never seen anything this blatantly fraudulent in my life.
Its clear with the XMR exit pump in August and recent trading on margin alts that Poloniex is a rigged market operating an internal MM system engineered specifically to margin call over-leveraged traders. This is on $BTC exchanges as well which is nothing new but still disconcerting considering crypto markets are generally operated purely by retail traders and very few if any institutional funds. For the market to mature this will have to transition to an orderly market which will likely occur through regulation much like what the equity markets went through in the 1930s; hard to tell when the government will actual proceed with action though since the space is so new and generally the SEC does not move quickly.
I always said it...Poloniex is as crooked as it comes!
Its clear with the XMR exit pump in August and recent trading on margin alts that Poloniex is a rigged market operating an internal MM system engineered specifically to margin call over-leveraged traders. This takes place on bitcoin exchanges as well which is nothing new but still disconcerting considering crypto markets are generally operated purely by retail traders and very few if any institutional funds. For the market to mature this will have to transition to an orderly market which will likely occur through regulation much like what the equity markets went through in the 1930s; hard to tell when the government will actual proceed with action though since the space is so new and generally the SEC does not move quickly.
Stop lending cheap factoms on POLO and the price would automatically surge.
All we need M2 with exodus wallet release then da moon,yum yum. 
,
,My guess is that will take us to around 0.005, real moon is much later when entry credit usage goes through the roof and factoid supply gets sucked up.
I'm not sure I agree. FCT reached .0083 earlier this year, and .0064 just three months ago—before the Draper news + comments, before the testnet release, and before Bill Gates personally sought out Factom for a Foundation investment.
I think it's a mistake to consider the price now a "new normal." All markets are manipulated, but I've never seen anything like what's happened to FCT in the recent months. Yes, the whale-suppressors are losing steam, but ... they've taken it down from a Level 10 to a Level 4, and done a lot of damage along the way—not just to the price, but to perception. The FUD campaigns have also lost steam recently, but they're still popping up and will likely regain momentum when/if BTC rises again.
Consider an alternate scenario, purely hypothetical: BTC chugged along over the past couple months, gained a handful of percentages. Market manipulators did their thing, but weren't as organized and aggressive as they've been lately. GrossBit and minions decided to latch onto another market. ... Then the 4.2m raise and Draper news + quote, the testnet release after however many years, the Gates grant, and the pending release of M2 (Snow: "the capstone for this year and many others"). It's not hard to imagine FCT's market cap reaching 200m+ at this point, even pre-M2 release. Instead, some people now look at the heavily manipulated chart, the heavily manipulated discussions—and despite the fact that all evidence points to this being one of the most successful crypto projects in history, with a massive market (the world's data) and a world-class team—decide that .003 must be a fair and reasonable price. It's not. Even pre-M2, it's a magnitude too low. But here's the catch: even if it were at a 2-300m market cap, we'd still be having the exact same discussion—2x or 10x from here, same questions about timeline, etc. Whatever happens is normalized, even if what happens is far from normal, or accurate.
As a side-note, I'm really not sure why folks continue thinking FCT needs to justify its price according to current usage—a metric that no other crypto project is subject to, not even BTC. This was one of the several memes begun by the trolls that seems to have caught on FSR, but like all the others, it has no basis in investment reality. Even profitable public-market companies trade at P/E ratios of dozens, sometimes hundreds of multiples.
TL;DR: Ignore the false perception of reality created by market and social-media manipulators, and look instead at the tech, the team, the market size, and the recent news. Those two versions of reality paint very different pictures.
Ah crap, feels like sub .0030 is coming back. What the hell?
bots in overdrive
500 btc bought to 0.0032
190 btc sold to 0.0029
it becomes harder and harder to hold it back from rising, fun to watch
Btc will first test the 780 again specialy with all the fuzz happening everywere, if it cant break it there will be a huge rise for factom.
Otherwise factom can even go down more then people expect.
Ah crap, feels like sub .0030 is coming back. What the hell?
bots in overdrive
500 btc bought to 0.0032
190 btc sold to 0.0029
it becomes harder and harder to hold it back from rising, fun to watch
Ah crap, feels like sub .0030 is coming back. What the hell?
All we need M2 with exodus wallet release then da moon,yum yum. ,
,My guess is that will take us to around 0.005, real moon is much later when entry credit usage goes through the roof and factoid supply gets sucked up.
When factoms gets burned i see fct @ 0.05
All we need M2 with exodus wallet release then da moon,yum yum. ,
,My guess is that will take us to around 0.005, real moon is much later when entry credit usage goes through the roof and factoid supply gets sucked up.
All we need M2 with exodus wallet release then da moon,yum yum. ,
, 
here is another post by nasdaq - http://www.nasdaq.com/article/gates-foundation-grant-boosts-factomsblockchain-based-medical-record-development-cm711389
This is excellent news. Factom is proving itself again and again to be a ship headed for the shores of success. It may be some time, perhaps a couple of years (my guess) before medical records are actually being secured by factom, but the seed has been planted. They'll obviously be a temporary bump in price (happening already). This is confirmation that Factom is a long term hold. Not to mention this is actually a really good thing for the world. Ethical and profitable, what more could you ask for?
Where's Grossbit and his minions?
May be he has some quest to do for Shao Khan
Where's Grossbit and his minions?
I don't care about btc price another 5 in FCT. Bill Gates Fondation is some think huge add national projects and we have all we need. Markets, projects, products - all this in world class.
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