My impression is that you are not informed. I mean, what does it mean to "know" the team? Nobody knows them personal. But that's true for all Dev-teams in Crypto. Does anybody know Vitalik Buterin besides his videos and posts? Nobody knows who Satoshi is (Craig Wright showed up again just btw). But you can figure out how they act and are. Just watch all videos with Paul Snow, Brian Deery, Tiana Laurence, Peter Kirby etc. Read what they write. You won't find dishonesty or a lack of professionalism or a lack of abilities. They are professionals and they have ethics. Much more than most of us. I really focus on that and I digged deep. And I've never seen such a combination of professionalism, skills, hard work, expertise and honesty. There are other great teams in this market. But Factom is by far the best I know of. I would like to spread the normal risk a little bit more, but until now I didn't find something that is on the same level.
And the question if they will make you money - I don't understand that attitude. They don't work for making money for us, they work for themselves. And there is no need for making friendships here. It would be enough if Investors and Traders and Speculators would be a little bit more professional. And the better they, Factom, do their job the more you and I will benefit from the value they are creating while we as speculators are a side-effect of the decentralized system but without adding real value to it. Without any real work we have a lot of chances here.
And just to prevent your theories about me: I really think this way and that's the reason why I write this way.
I'll just quote this because I disagree with the majority of your post and I think you dance around every question I had as well as make wrong assumptions and you write too much. For me to reply to everything you said would take an hour at least and I would only do that if it were good stuff.
Your lack of diligence and accuracy can't be my problem. And to say you would only reply if I my posts were "good stuff" is a funny sidestep. I know how you define the word "fact" - and that has not much to do with the real definition.
That being said I want to know the team since I want to know if they will improve and what they will do in the future. As a shareholder in Factom INC this would be a normal question to be answered but as a currency holder it's not. Which is really terrible because the price of FCTs in the future relies heavily on their ability to sell entries.
I really don't understand why you see a lack of information here. They are open. We already have proof how successful they are on the business-side or do you believe the partnerships etc. come out of nothing? And do you think they will stop with that?
There are just two ways to have a lack of trust in the team:
1. To be not informed
2. To doubt they are honest
You are responsible for Point 1. And that could also give trust regarding Point 2. If that does not help there is nothing they can do for you, at least there is no reason why they should care much about it if you don't do your part. And you are not very supportive, just pissed.
Anyway, stop giving me this bullshit over "they don't work for you" or whatever since they kinda do in a way and in a way many of us work for them. And yeah I'm an investor, if you just like the technology and don't like money then why have you invested? Huge hypocrite man.
You absolutely don't get the point.
1. They are not working for us. I would have a lot of doubts if they would be just altruistic for the best of speculators.
2. At least you do nothing here for them. You spread around even lies. I mean, you called it a fact that I would be an insider, or even a founder! That's so stupid that I can't believe it. And while I don't take it personal it can't be helpful to implicate that Factom would do or need such shady moves.
3. Of course I want to make profit. But I will benefit if the system will be delivered as good as possible and if they just continue with what they did all the last months the rest is a matter of time. And I watch the development and I would react if I believe to see concerning signs. But I don't see that until now. I'm invested since they hit Polo. And my confidence and trust in Factom as a project and the team behind increased over time. It's much more now than it was in November for example, because they showed a lot and they delivered a lot in all important aspects.
And I really like it to see that they don't play by Crypto-rules.
Unlike you I'm not scared to say I am in it for the money because I still have my balls attached. Seems you forgot how it goes, investors put money into a project so they can fulfill their goals and in return hope that their investment grows.
Your implications about me are stupid. Show me one post that seems as if I'm scared to say I'm in for the money? I'm just not interested in stupid gambles.
And I did not forget how it goes. But I know that the Crypto-market has nothing to do with "how it goes". Quality needs time, needs hard work, needs professionals. And here is a team that is professional and does exactly what is needed to be more than just another Wannabe-but-hype-project without any real chance. And some here are complaining and demanding. That's the real joke.
And by the way: Did you invest in their ICO? Because if not, you did not put money into this project. I'm no ICO-Investor. I doubt that you are.
When you've given somebody money and they say they don't care about the price that's disrespectful period. I like the technology behind FCT but the structure of Factom INC is problematic since I have to believe in them to sell entries and not knowing their abilities is a huge problem for me.
They've never said that they don't care about the price. They say that it's about the system and the price will reflect that. And they are most likely intentionally careful regarding speaking about the price, because I believe that they want to avoid every impression they would want to hype it. And if I'm right with that I don't just respect that. It's smart. And they say that they won't make marketing for the price but it's obvious that they do a lot of marketing for the system. You should understand that it is marketing for the price. It's the best marketing they can do for it. And that is also something they've said.
And you don't need to believe that Factom Inc sells entries. If a big company wants to use the system they can develop an application for themselves and they can buy Factoids and convert them into EC's themselves.
Plus: It's not very rational to doubt in their abilities regarding marketing and business. The system is not even finished but they already have partnerships! They already are in negotiations with Honduras! They talk about smart cities and about Identity systems and all kind of stuff. Not sure what you miss here.
This is more about you. You should so more research.
Pretty much everything about this project has to be so damn difficult from our side and it pisses me off because it is done intentionally. And yeah we investors are still worth something here since Factom holds a lot of FCT.
Do research. That's all what I can say. Everything is difficult for lazy people.
So let's reiterate how things are for FCT investors and potential FCT investors.
Lack of transparency over entries making projections impossible
Lack of transparency over Factoms FCT holdings and future sales or previous sales making factoring in dilution impossible
Lack of transparency over how Factom INC and FCT work together
No user friendly wallet causing a systemic risk to FCTs since a lot is held on exchanges
No viable blockchain explorer nor rich lists
And you're going to tell me it's fair investors are going to first of all invest their time which is maybe 10 hours of reading? And learning FCTs economic system?
I can't answer on all points here. I just can say again: Do research. And man, you're thinking too much in shitcoin-categories. That's a problem of the majority of this market.
Are you going to debate me on every single one of those points like nothing can be better and no wrong can be done by Factom or can you just agree they need to give investors some serious clarifications?
Even I don't reply on every single point. It's getting boring.
See, you could find answers to your questions. It can't be their job to do your work.
