[ANN] FACTOM - Introducing Honesty to Record-Keeping - page 440.

Cornett

hero member

Activity: 700

Merit: 500

★ IT's Party Time! ★

Quote from: BitcoinSanDiego on September 08, 2015, 01:09:18 AM

I am really excited for when a liquid market will be available to trade FACT.

~ 8 million Factoids currently, at $1 per Factoid = $8 million market cap

That seems a pretty reasonable network start value, though I'm sure it will go much higher down the road.

What do you guys think the going price will be?

ETHereum has $ 91 mil marketcap. FACTOM will rise from $8 million market cap to those ETH values.
So we can see $5 per Factoid and higher by the end of this year

BitcoinSanDiego

full member

Activity: 126

Merit: 100

I am really excited for when a liquid market will be available to trade FACT.

~ 8 million Factoids currently, at $1 per Factoid = $8 million market cap

That seems a pretty reasonable network start value, though I'm sure it will go much higher down the road.

What do you guys think the going price will be?

dcxtx

member

Activity: 63

Merit: 10

Quote from: dcxtx on September 08, 2015, 12:02:05 AM

Quote from: bitcoinrocks on September 07, 2015, 08:43:14 PM

Quote from: dcxtx on September 07, 2015, 08:24:47 PM

Quote from: bitcoinrocks on September 07, 2015, 08:10:16 PM

Quote from: dcxtx on September 07, 2015, 08:01:00 PM

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Some are available now at www.dcxtx.com

Do you have an order book? How much volume has been done in the last 24 hours?

Not much volume as most people do not have a wallet yet. No order book. This is a two party transaction between our automated wallets and our users. It is also only available in states that do not currently consider it money transmittal (in writing from the state department of banking).

For every 50 sold (by wallet inventory), the price automatically raises by 0.001. As we secure more, the price will go down. This is subject to change with no notice. That is just how it is right now. There is also a floor (at the moment ) of 0.02 BTC. When there is a broader market, it will switch to the way me price all of the others we handle. We will look at the exchanges and current cost of our inventory. Right now, we are looking for it to settle at a price.

How many have you sold?

If you're looking to secure more, I have some for sale (and the tx software installed). What is your bid price?

moving to a private message. No reason to haggle in public.

If anyone else would like to sell, pm me or one of the contact email addresses on the site.

dcxtx

member

Activity: 63

Merit: 10

Quote from: bitcoinrocks on September 07, 2015, 08:43:14 PM

Quote from: dcxtx on September 07, 2015, 08:24:47 PM

Quote from: bitcoinrocks on September 07, 2015, 08:10:16 PM

Quote from: dcxtx on September 07, 2015, 08:01:00 PM

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Some are available now at www.dcxtx.com

Do you have an order book? How much volume has been done in the last 24 hours?

Not much volume as most people do not have a wallet yet. No order book. This is a two party transaction between our automated wallets and our users. It is also only available in states that do not currently consider it money transmittal (in writing from the state department of banking).

For every 50 sold (by wallet inventory), the price automatically raises by 0.001. As we secure more, the price will go down. This is subject to change with no notice. That is just how it is right now. There is also a floor (at the moment ) of 0.02 BTC. When there is a broader market, it will switch to the way me price all of the others we handle. We will look at the exchanges and current cost of our inventory. Right now, we are looking for it to settle at a price.

How many have you sold?

If you're looking to secure more, I have some for sale (and the tx software installed). What is your bid price?

moving to a private message. No reason to haggle in public.

FACTOM

sr. member

Activity: 251

Merit: 250

Quote from: nakaone on September 07, 2015, 11:25:43 AM

thanks for the good documentation regarding factom community install guide - it worked fairly well, even though I had to install a virtual box and was using linux/ubuntu for the first time.

next questions: do I have to somewhat import the a private key? (I assume I do not have to) and is there a proper documentation on how to send tokes purchased during the crowdsale?

We will soon be releasing a step by step guide with the next update on how to use the Wallet.
Until then all is available is on GitHub. Our Devs are working as fast as they can.

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Quote from: dcxtx on September 07, 2015, 08:24:47 PM

Quote from: bitcoinrocks on September 07, 2015, 08:10:16 PM

Quote from: dcxtx on September 07, 2015, 08:01:00 PM

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Some are available now at www.dcxtx.com

Do you have an order book? How much volume has been done in the last 24 hours?

Not much volume as most people do not have a wallet yet. No order book. This is a two party transaction between our automated wallets and our users. It is also only available in states that do not currently consider it money transmittal (in writing from the state department of banking).

For every 50 sold (by wallet inventory), the price automatically raises by 0.001. As we secure more, the price will go down. This is subject to change with no notice. That is just how it is right now. There is also a floor (at the moment ) of 0.02 BTC. When there is a broader market, it will switch to the way me price all of the others we handle. We will look at the exchanges and current cost of our inventory. Right now, we are looking for it to settle at a price.

How many have you sold?

If you're looking to secure more, I have some for sale (and the tx software installed). What is your bid price?

dcxtx

member

Activity: 63

Merit: 10

Quote from: bitcoinrocks on September 07, 2015, 08:10:16 PM

Quote from: dcxtx on September 07, 2015, 08:01:00 PM

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Some are available now at www.dcxtx.com

Do you have an order book? How much volume has been done in the last 24 hours?

Not much volume as most people do not have a wallet yet. No order book. This is a two party transaction between our automated wallets and our users. It is also only available in states that do not currently consider it money transmittal (in writing from the state department of banking).

For every 50 sold (by wallet inventory), the price automatically raises by 0.001. As we secure more, the price will go down. This is subject to change with no notice. That is just how it is right now. There is also a floor (at the moment ) of 0.02 BTC. When there is a broader market, it will switch to the way me price all of the others we handle. We will look at the exchanges and current cost of our inventory. Right now, we are looking for it to settle at a price.

dcxtx

member

Activity: 63

Merit: 10

Quote from: richwang01 on September 07, 2015, 12:44:47 AM

Quote from: jman887854 on September 06, 2015, 09:40:10 PM

Quote from: FACTOM on September 06, 2015, 08:15:22 PM

Quote from: bitcoinrocks on September 06, 2015, 07:03:10 PM

Quote from: FACTOM on September 06, 2015, 06:19:18 PM

Quote from: jaft16 on September 06, 2015, 07:42:11 AM

can we have a step by step guide on windows wallet how to?
Embarrassed

Work in progress, the team is working on binaries which should make it easier for people to use the wallet.
Shouldn't be much longer and there will be a step by step guide.

Are we expecting exchanges to integrate Factoids any time?

With the current software exchanges as well as anyone else is free to work with Factoids.
It' up to the exchanges to implement our latest code and support Factoids.
We have had interest from Cryptsy and ShapeShift and a number of other exchanges but we don't have control on when they decide to support Factoids.
It's entirely up to them.

For the moment: http://www.dcxtx.com/ allows you to buy Factoids and Entry Credits as well as selling them: https://www.dcxtx.com/PriceList.aspx.

Wow they are selling at 0.0202? That's a bit silly.

Yeah, why it is so cheap?

If everyone (buying) considers .0202 BTC cheap, we are certainly willing to raise the price. There is no current market to use to estimate price. That .0202 will also slowly increase or decrease by the volume available in our hot wallets.

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Quote from: dcxtx on September 07, 2015, 08:01:00 PM

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Some are available now at www.dcxtx.com

Do you have an order book? How much volume has been done in the last 24 hours?

dcxtx

member

Activity: 63

Merit: 10

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Some are available now at www.dcxtx.com

nakaone

hero member

Activity: 742

Merit: 500

thanks for the good documentation regarding factom community install guide - it worked fairly well, even though I had to install a virtual box and was using linux/ubuntu for the first time.

next questions: do I have to somewhat import the a private key? (I assume I do not have to) and is there a proper documentation on how to send tokes purchased during the crowdsale?

richwang01

member

Activity: 123

Merit: 10

Quote from: jman887854 on September 06, 2015, 09:40:10 PM

Quote from: FACTOM on September 06, 2015, 08:15:22 PM

Quote from: bitcoinrocks on September 06, 2015, 07:03:10 PM

Quote from: FACTOM on September 06, 2015, 06:19:18 PM

Quote from: jaft16 on September 06, 2015, 07:42:11 AM

can we have a step by step guide on windows wallet how to?
Embarrassed

Work in progress, the team is working on binaries which should make it easier for people to use the wallet.
Shouldn't be much longer and there will be a step by step guide.

Are we expecting exchanges to integrate Factoids any time?

With the current software exchanges as well as anyone else is free to work with Factoids.
It' up to the exchanges to implement our latest code and support Factoids.
We have had interest from Cryptsy and ShapeShift and a number of other exchanges but we don't have control on when they decide to support Factoids.
It's entirely up to them.

For the moment: http://www.dcxtx.com/ allows you to buy Factoids and Entry Credits as well as selling them: https://www.dcxtx.com/PriceList.aspx.

Wow they are selling at 0.0202? That's a bit silly.

Yeah, why it is so cheap?

jman887854

full member

Activity: 153

Merit: 100

Quote from: FACTOM on September 06, 2015, 08:15:22 PM

Quote from: bitcoinrocks on September 06, 2015, 07:03:10 PM

Quote from: FACTOM on September 06, 2015, 06:19:18 PM

Quote from: jaft16 on September 06, 2015, 07:42:11 AM

can we have a step by step guide on windows wallet how to?
Embarrassed

Work in progress, the team is working on binaries which should make it easier for people to use the wallet.
Shouldn't be much longer and there will be a step by step guide.

Are we expecting exchanges to integrate Factoids any time?

With the current software exchanges as well as anyone else is free to work with Factoids.
It' up to the exchanges to implement our latest code and support Factoids.
We have had interest from Cryptsy and ShapeShift and a number of other exchanges but we don't have control on when they decide to support Factoids.
It's entirely up to them.

For the moment: http://www.dcxtx.com/ allows you to buy Factoids and Entry Credits as well as selling them: https://www.dcxtx.com/PriceList.aspx.

Wow they are selling at 0.0202? That's a bit silly.

FACTOM

sr. member

Activity: 251

Merit: 250

Quote from: bitcoinrocks on September 06, 2015, 07:03:10 PM

Quote from: FACTOM on September 06, 2015, 06:19:18 PM

Quote from: jaft16 on September 06, 2015, 07:42:11 AM

can we have a step by step guide on windows wallet how to?
Embarrassed

Work in progress, the team is working on binaries which should make it easier for people to use the wallet.
Shouldn't be much longer and there will be a step by step guide.

Are we expecting exchanges to integrate Factoids any time?

With the current software exchanges as well as anyone else is free to work with Factoids.
It' up to the exchanges to implement our latest code and support Factoids.
We have had interest from Cryptsy and ShapeShift and a number of other exchanges but we don't have control on when they decide to support Factoids.
It's entirely up to them.

For the moment: http://www.dcxtx.com/ allows you to buy Factoids and Entry Credits as well as selling them: https://www.dcxtx.com/PriceList.aspx.

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Quote from: FACTOM on September 06, 2015, 06:19:18 PM

Quote from: jaft16 on September 06, 2015, 07:42:11 AM

can we have a step by step guide on windows wallet how to?
Embarrassed

Work in progress, the team is working on binaries which should make it easier for people to use the wallet.
Shouldn't be much longer and there will be a step by step guide.

Are we expecting exchanges to integrate Factoids any time?

dwma

sr. member

Activity: 405

Merit: 250

Quote from: compmaster on August 27, 2015, 08:43:47 PM

This coin is too centralized for me. I don't see it becoming a success because of the centralized mining structure.

This is because you are biased from the results of all the near pointless altcoins.

In the real world, with actual projects that need ongoing maintenance and improvement, giving developers a longterm stake is actually more aligned incentive wise. The developers get paid in proportion to the value they bring to the project. Once the people who run the project have salaries not paid in stake, that is when you have nothing but altruism to rely on or a need to maintain one's credibility.

However all these weirdo POW miner types have this weird sense of entitlement. Their logic is this - Since the first blockchain relies on POW every other blockchain should rely on POW ... just because.

How annoying.

FACTOM

sr. member

Activity: 251

Merit: 250

Quote from: jaft16 on September 06, 2015, 07:42:11 AM

can we have a step by step guide on windows wallet how to?
Embarrassed

Work in progress, the team is working on binaries which should make it easier for people to use the wallet.
Shouldn't be much longer and there will be a step by step guide.

nakaone

hero member

Activity: 742

Merit: 500

Quote from: NextGenCrypto on September 06, 2015, 02:02:47 PM

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Hopefully Poloniex.

would indeed be best - I think it would be no deal to contact busoni directly.

He is a fine guy and also understands fundamentals pretty well. It is also in his interest to add factoids.

NextGenCrypto

sr. member

Activity: 462

Merit: 250

Quote from: bitcoinrocks on September 06, 2015, 01:52:14 PM

Which exchanges do we expect to integrate Factoids first?

Hopefully Poloniex.

bitcoinrocks

legendary

Activity: 1372

Merit: 1000

Which exchanges do we expect to integrate Factoids first?

Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 440. (Read 2115876 times)