Exactly man. Nobody understands that Bitcointalk is not on the priority of Factom. The price per Factoids right now doesnt matter to them, only us. We are allowing this forum FUD and a few big whales to manipulate us into constantly taking losses for no reason. So many amazing news and headlines have come out, everyone completely ignores them and turns to GrossBit for sanctity. WTF lol. Just because you guys whine like little kids that the Factom team doesnt have time nor patience for a stupid forum post and throw tantrums and dumps for losses. You idiots. Factom money comes from the big name investors and constracts they are trying to sign in the real world. This day trading is the rich taking advantage of the plebs. We are about to see a huge surge in Factoid prices so be ready, buy and hold. Dont mess with the margins either because thats where they will burn you. Just buy and hold. Big things are minutes away at all times.
+1. This is exactly the game in a nutshell. I've only be investing/trading seriously for about a year but the past couple months have been a crash course in market dynamics, manipulation, and the dead-eyed depravity some folks will go through to make money off others.
And no, I don't believe whoever's behind fudking is dumb. For their own sake I wish that were the case, but the reality is he knows all too well what he's doing.
Guys just set a target price, day trading is not for everyone especially crypto (and margin trading in crypto is just adding more fire). For me anything around $2 is a buy, anything under 300-400k is safe too but it depends on BTC price. If Factom continues to deliver and M2/Exodus wallet is delivered we can see prices well above $5 before the end of the year, that's the bottom line.
Long term I would definitely sell a part of my stake which is not much at all at a future bubble based on companies signing long term especially if deflation plays a part. I expect we could reach $30-50 or even $100.
If Factom becomes the new IBM or even Oracle as Draper said, then we are all rich not only because of Factom but because of crypto projects taking over the world basically.