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Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 325. (Read 2115876 times)

full member
Activity: 200
Merit: 250
So the FUD begining, time to buy  Grin
hero member
Activity: 508
Merit: 500
From a technical perspective, this is the healthiest I've seen the Factom charts in a long, long time.

I suspect we're in for an uptrend.

I dont think traders and speculators will let Factom go out of this nice +/- 5% loop. Great for ping pong trading.

The only thing which can break this trend if that fucking M2.

Bye!! Stop Ranting, We dont care.


Maybe u like losing money but I m sure lots of other people WILL care.

Dollar price factom is above 1 again, it is holding up nicely.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
From a technical perspective, this is the healthiest I've seen the Factom charts in a long, long time.

I suspect we're in for an uptrend.

I dont think traders and speculators will let Factom go out of this nice +/- 5% loop. Great for ping pong trading.

The only thing which can break this trend if that fucking M2.

Bye!! Stop Ranting, We dont care.


Maybe u like losing money but I m sure lots of other people WILL care.
newbie
Activity: 26
Merit: 10
Dev team will never finish M2 . You should give up project, go home , and breed pigs .
full member
Activity: 150
Merit: 100
Look at weak buy orders on poloniex, Factom is shitcoin. Sell all and out .

https://www.yuanbao.com/trade/fct2cny
go go go go go FCT
newbie
Activity: 26
Merit: 10
Look at weak buy orders on poloniex, Factom is shitcoin. Sell all and out .
sr. member
Activity: 350
Merit: 250
Chart from Business Insider made me think of Factom ...
http://imgur.com/5NTOb3E
legendary
Activity: 1098
Merit: 1000
Angel investor.
What's the status of FACTOM, like development, business.
hero member
Activity: 1008
Merit: 505
Austin Blockchain for Business Meetup: Factom - Making the World's Systems Honest

Abhi Dobhal - VP of Business Development at Factom (which is based in Austin) - will discuss Factom's approach to securing digital fingerprints of your data on the blockchain. Abhi will also cover some real business use cases for doing so. Click here for a quick video introduction.

http://www.meetup.com/Austin-Blockchain-for-Business-Meetup/events/230859917/
hero member
Activity: 686
Merit: 500
Fall seven times, stand up eight.
From a technical perspective, this is the healthiest I've seen the Factom charts in a long, long time.

I suspect we're in for an uptrend.

I dont think traders and speculators will let Factom go out of this nice +/- 5% loop. Great for ping pong trading.

The only thing which can break this trend if that fucking M2.

Bye!! Stop Ranting, We dont care.
legendary
Activity: 1960
Merit: 1128
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.
I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
 

the model only favors low price for Factom, Lower price means more coins buy-back and more profits for their foundation.
 

That is not true. Why do you and some others still believe that? How should that work?

Oke Tempus then answer this i might be wrong.

The Entry coins are beeing sold on a Fixed price right ?

Factoids give a steady conversion rate atm right ?

So if company's buy Entry coins for $200 in the store, then factom can buy for that $200 new coins what in conversion now means they can buy much more then they used in first place.



They can sell EC's for a higher price then 1/10 cent while they convert (for the customer) FCT's to EC's at a value of 1/10 cents - the difference is the profit. And that is what they do in the Store (but I highly doubt that it's for bigger companies and partnerships). Either way, that has nothing to do with the FCT-price. They can do that with FCT's at 90 cent and they could do the same with a price at 9 Dollar. Low prices are no benefit for them. Btw: You could do that as well.
legendary
Activity: 1204
Merit: 1000
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.
I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
 

the model only favors low price for Factom, Lower price means more coins buy-back and more profits for their foundation.
 

That is not true. Why do you and some others still believe that? How should that work?

Oke Tempus then answer this i might be wrong.

The Entry coins are beeing sold on a Fixed price right ?

Factoids give a steady conversion rate atm right ?

So if company's buy Entry coins for $200 in the store, then factom can buy for that $200 new coins what in conversion now means they can buy much more then they used in first place.

legendary
Activity: 1960
Merit: 1128
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.
I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
  

the model only favors low price for Factom, Lower price means more coins buy-back and more profits for their foundation.
 

That is not true. Why do you and some others still believe that? How should that work?
legendary
Activity: 1204
Merit: 1000
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.
I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
  

the model only favors low price for Factom, Lower price means more coins buy-back and more profits for their foundation.


I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
  

Actually usage influences price, higher usage is higher factoid price. Quite normal. So a good M2 + good partnerships are quite important.

Not complete true that only counts after you reached a bigger number of credits beeing used every block lets say 3k plus, and were far from that.


With this model i wont be surprised to see factom go sub 100k.
hero member
Activity: 508
Merit: 500

I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
  

Actually usage influences price, higher usage is higher factoid price. Quite normal. So a good M2 + good partnerships are quite important.
legendary
Activity: 1554
Merit: 1000
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.
I got the feeling that Brian/Factom purposely was choosing to not answer crazyivan's questions/posts.
And yes, the model seems to favour low FCT price, if ive understood it correctly.
  
legendary
Activity: 1204
Merit: 1000
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Well, I was trying to be nice but since you re an ASS to me I ll spit it out. I spoke to some people who seem well informed about why Factom s in such delay. It seems Factom team leaders have been trying to secure another round of financing in the UK and have been unsuccessful for now. Would not be suprised if Factom team is selling their tokens to keep the entire operation going on and sell overpriced entry coins at the same time the way Mrboot suggested in the previous post.  

Again, I do not know if this information s true or not, I m passing on what I have been told only because I believe in transparency. So, do not base your decisions on my info, I have no more stake in Factom at all.

Cheers.

I doubt they are working on a new round of financing, can anyone of the Factom team reply on that ? Should be fair enought cause were all invested in your business.

But i do believe they dont care about the price that one Factoid cost at all, simply cause. Company's dont buy Factoids atm they use their entry coins bought from the webshop and for that price they can buy back much more factoids back so they can make a huge profit on what they actually pay for EC and ask their costumers.

So how lower the factoid price how easier the factoid team makes money i wonder if there is somewere stated what profits they made from selling EC.
hero member
Activity: 508
Merit: 500
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.

Actually usage is increasing and quite rapidly. It took factom months to reach 100k usage, it took them another few months to reach 1 mln, it took them one and half month to reach 2 mln, now it's usage is close to 1 mln a month and growing. And this is before M2 and any of the actual partnerships kicking in. It is quite simple they are steadily conquering China, that is a big market.
Factom is a nice hedge, blockchain independent and that makes it unique.

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Well, I was trying to be nice but since you re an ASS to me I ll spit it out. I spoke to some people who seem well informed about why Factom s in such delay. It seems Factom team leaders have been trying to secure another round of financing in the UK and have been unsuccessful for now. Would not be suprised if Factom team is selling their tokens to keep the entire operation going on and sell overpriced entry coins at the same time the way Mrboot suggested in the previous post. 

Again, I do not know if this information s true or not, I m passing on what I have been told only because I believe in transparency. So, do not base your decisions on my info, I have no more stake in Factom at all.

Cheers.
legendary
Activity: 1204
Merit: 1000
Well, I m officially out of Factom, I do not own a single Factoid anymore.

This huge M2 delay made me think Factom s big time stuck. Also, I seriously do not see anything Factom can do which cannot be performed by Ether anyway and Ether DOES DELIVER on time.

Good luck to the Factom team and all Factoid holders, I hope you do end up with a profit.

I'm glad. Nobody owes you anything, and your comments came out of desperation as a bagholder that probably bought at 800k.

Also, do you even "github" ? To me, the project seems to be very close to M2. Anyways, good luck on your future investments.

Actually i can understand CrazyIvan hes post, The factom team need to hire some people that actually can give answers and talk to people.
Mostly what they are doing is selling overpriced entry coins and buying them cheap of the market back. No wonder they dont mind
a very cheap price. Every cheap factom now is a great way for them to increase their holdings or get some $.

I liked Factom a lot but nowadays it only gives a sour taste in my mouth.

It was really a miracle actually they posted 10 post ago something, Only need to take them 2 weeks.

Actually their usage isnt increasing at all probably cause of their lack of development, My guess people would love to switch to TIERION (google it) cause their cheaper
better and they do DELIVER.
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