FACTOMs troll following is pretty impressive. It's partly what keeps me interested in it.
The bitcointalk troll squad only trolls projects that threaten them to some extent. There are a ton of real scammy projects but people don't even bother to troll. Factom is a legitimate project with legitimate goals and a team based in the US.
AND dcxtx runs a legitimate service also based in the US.
I'm actually a fan and investor in Factom. My issue is with dcxtx's "service." I think it's disingenuous to charge 10x the ico price for FCT when it is not even listed. But this is crypto, right? Everyone is trying to pull a fast one, so it's OK. Also, being based in the US does not make something legitimate.
Hey Harvsmith,
I am not sure how our price is disingenuous. That is the price that we are willing to accept . Was it also disingenuous for us to buy at higher than the ico price? What is your definition of listed? One exchange? Three so it is not a monopoly? We have a "service" where, after setting up an account, you send us bitcoin and ,at the price we have posted, we automatically send you back factoid. I am sorry if that has offended your sensibilities.
dcxtx,
Don't mind these guys, they obviously don't understand how a free market works
See my point. Charging 10x for FCT was a huge ripoff. Back to ICO prices.
What we're you expecting to happen? $1, 2$, $50 after market listing?
I expect Factoids to settle out closer to $1 when new of the first sizable project integration starts to make the news. I hope that happens before the end of the year. This month would be great. Right now, factoids are cheap. If you are involved in a project that will need entry credits and you did not participate in the ICO, now is the time to buy. While my sell price may have made you mad, you may have noticed that my buy price was also a multiple of the ICO price also. My timing may have been off, but I am not going to lose money on the ones I purchased.