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Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 177. (Read 2115898 times)

newbie
Activity: 18
Merit: 0
Can someone explain how the FCT tokens are produced?  I have seen info on coinmarketcap.com that there are 8,753,219 FCT in existence but it is a non mineable token.

Thank you
member
Activity: 84
Merit: 10
Yay, testnet is here!  Then if it proves out, M2.

To be sure there will be some "sell on the news."  As I recall though testnet is supposed to last roughly 2 weeks.  If that is the case anything can happen with BTC that can affect alts, but I'm hopeful that with M2 comes more announcements and indications about greater adoption.  Plus the exodus wallet!

The year-end has a lot of potential!
newbie
Activity: 16
Merit: 0
Thanks to the Factom Team, It arrived earlier than I expected (December), Congrats!  Wink

Big News, Big!
legendary
Activity: 1223
Merit: 1000
amazing news guys !!!!!!!!! FACTOM is still undervalued...
full member
Activity: 237
Merit: 100
Yeah, congrats to the team!!!  Cool
newbie
Activity: 14
Merit: 0
Congrats to the Factom Team.
legendary
Activity: 1960
Merit: 1128
So its actually not m2?

It is M2, just not the official release yet - it runs on testnet.

But, it's obviously far developed and they seem confident that nobody will break it. ;-)
sr. member
Activity: 385
Merit: 250
sr. member
Activity: 449
Merit: 250
don t touch my Bits
wow this is superb,da moon?
full member
Activity: 237
Merit: 100
So its actually not m2?
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
Wheres IVAN, Smiley
legendary
Activity: 1386
Merit: 1023

Thanks. Hah .. wrote it just a few hours before it happened.

After a possible BTC bounce or two upward over the next 1-2 weeks the window for Factom should open up as people become comfortable with BTC not going over 750.
Second massive triangle is forming on BTC. During it's formation will be a great time for some alts.
They have about 3 months from now till BTC breaks up to $1200 in February Tongue

I happened to notice that FCT had a very similar pattern on it's last rise that XMR did before XMR went 10x to 200 million dollars market cap.
Just so happens that FCT is about 1/10th of that lately.

So if there is a slow rise on FCT over the next 4-6 weeks.... best be ready.
The target would be to see FCT go 10x (to 0.03 BTC) around Christmas with BTC flattening out in the 710-720 area.
This is assuming the same people that moved XMR will do a similar pattern with FCT in the same time frame.

It's the perfect time and the perfect coin for it.
It's the most logical margin traded coin on Polo that next up for a major rise.

Let's see if I get that one right.




0.03 around Xmas? This year Xmas? Ugh, that sound too good too be true. You all know what happens to promises about things which seem to be too good to be true.

Nice, just printed out your post to give it a longer think. Do you mind if I ask what you were looking at when you made your first prediction about BTC's decline? I imagine a bunch of things, but what caused you (indicators, chatter, etc) to come to your conclusion?

And there is the nicely timed good news Smiley

Now we wait....
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
Is this like a pre-m2?

Yeah, Its the testnet...
full member
Activity: 237
Merit: 100
Is this like a pre-m2?
legendary
Activity: 1960
Merit: 1128

Yes! I especially like this one:

"We have spent the last several months testing it ourselves and believe it is now robust enough to debut to the world. However, we encourage our community to hammer on it till it breaks."  Cheesy

P.S.: Sadly..most likely.. I'm not skilled enough with the command line, but I'll try to figure it out.

P.P.S.: Screenshots look really great!
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
donator
Activity: 2352
Merit: 1060
between a rock and a block!
sr. member
Activity: 404
Merit: 500
NEM Apostille imo is not even comparable, simply because it's that much better. However I still have factoids and I think the market is big enough for both projects. But if I were a big company I'd 1000 times rather use Apostille than Factom, it's really that good. Also I feel that Factom doesn't really care about its factoid investors, there still isn't an easy wallet yet, imo there is a lack of transparancy and the whole set-up is kinda like Ethereum; too damn complicated and not well thought out. Just ideas and building for the sake of building. Also there is a lot of fog when it comes to deadlines and stuff. Wasn't milestone 2 supposed to be here already? As an investor I don't know what they are doing, they don't give us updates.

Now compare that with NEM Apostille; an easy, holistic, elegant, uniquely structured, well thought out and dynamic notarization service on the blockchain that is on par with the invention of the internet IMO. Factom is a nice bike but Apostille is like a lambo.

NEM = EXPANSE

FACTOM = ETH

Nuff, said Cool

 Cheesy Smiley I think you mean the other way around lol. Well maybe I am wrong, I don't know, as an investor I don't like to rely on blind faith, it could be that Factom devs are doing great things behind the scenes, that partnerships will pay off and that market cap will explode. But time will tell who is right and who is wrong. Will be fun to evaluate next year to find out who has the "told you so".  Wink Smiley

On a sidenote, Factom already has partnerships (not sure?) and it's being used already, so hence I can understand why people think it's still a good investment, might even explode in market cap at some point in time. Hence I am still hodling.
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