Topic: [ANN] FACTOM - Introducing Honesty to Record-Keeping - page 84. (Read 2115898 times)
There's a strange movement on factom now. Is it because of SFIndustryG conference? or any news on slack?
Factom™ – Anchoring & Securing Data Using Bitcoin (and soon Ethereum) Blockchain
Factom™ is a distributed, decentralized protocol layer running on top of Bitcoin that allows data of any kind to be memorialized, anchored, time-stamped, and cryptographically secured using Bitcoin’s blockchain and tremendous network hashrate (now estimated to be 2.5 exa hashes per second!)
Due to its use of Merkle Trees, Factom makes the storage of data extremely efficient – gigabytes of data can be hashed down into 32 bits of data using Merkle Trees, and this Merkle Root anchored into one or more blockchains (bitcoin and ethereum currently).
Paul Snow, Chief Architect of Factom explains how developers can build applications using Factom’s API and/or data management and storage solution. These applications leverage the immutability of the blockchain and the scalability of the Factom™ network. Paul shares the story of Factom, how it started and where it is heading now. It’s an intriguing story and the interview is full of great knowledge.
https://www.bitcoin.com/podcast/factom-anchoring-securing-data-using-bitcoin-and-soon-ethereum-blockchain
Factom™ is a distributed, decentralized protocol layer running on top of Bitcoin that allows data of any kind to be memorialized, anchored, time-stamped, and cryptographically secured using Bitcoin’s blockchain and tremendous network hashrate (now estimated to be 2.5 exa hashes per second!)
Due to its use of Merkle Trees, Factom makes the storage of data extremely efficient – gigabytes of data can be hashed down into 32 bits of data using Merkle Trees, and this Merkle Root anchored into one or more blockchains (bitcoin and ethereum currently).
Paul Snow, Chief Architect of Factom explains how developers can build applications using Factom’s API and/or data management and storage solution. These applications leverage the immutability of the blockchain and the scalability of the Factom™ network. Paul shares the story of Factom, how it started and where it is heading now. It’s an intriguing story and the interview is full of great knowledge.
https://www.bitcoin.com/podcast/factom-anchoring-securing-data-using-bitcoin-and-soon-ethereum-blockchain
1) To say "very likely" is most likely correct. To say "absolutely clear" is not.
Okey, it's absolutely for me.Quote
2) Do you know any project with more good news in the last 12 months than Factom?
Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was realised and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.The lack of effect on the price had many reasons:
1) Until summer Factom was more a secret tip. Not many really know much about Factom and it's usecase and it's economical design which is not just unique but near to perfect in my opinion.
2) Unlike other projects the team doesn't make marketing for the market. In short-term that may be a con but I consider it as a pro and attention is absolutely increasing.
3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.
4) The last two months: The M2-rollout was not very smooth, more the opposite. But the problems seem to be under control now and it's just a question of time that it's complete.
Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.
By the way, some days ago you said this:
It's time to buy factom.
You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)
I agree with everything besides point number 2. You say "attention is absolutely increasing". You base that on what?
If you look on reddit-stats or on the increase of Twitter Follower or how many are on slack now while this thread was nearly like a private meeting of a few people. It's much more now than some months ago.
1) To say "very likely" is most likely correct. To say "absolutely clear" is not.
Okey, it's absolutely for me.Quote
2) Do you know any project with more good news in the last 12 months than Factom?
Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was realised and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.The lack of effect on the price had many reasons:
1) Until summer Factom was more a secret tip. Not many really know much about Factom and it's usecase and it's economical design which is not just unique but near to perfect in my opinion.
2) Unlike other projects the team doesn't make marketing for the market. In short-term that may be a con but I consider it as a pro and attention is absolutely increasing.
3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.
4) The last two months: The M2-rollout was not very smooth, more the opposite. But the problems seem to be under control now and it's just a question of time that it's complete.
Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.
By the way, some days ago you said this:
It's time to buy factom.
You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)
I agree with everything besides point number 2. You say "attention is absolutely increasing". You base that on what?
3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.
Quote
Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.
But the price is falling.Quote
You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)
You're wrong. At that time btc was falling and fct was rising and anyone could had earned on the move. 1) To say "very likely" is most likely correct. To say "absolutely clear" is not.
Okey, it's absolutely for me.Quote
2) Do you know any project with more good news in the last 12 months than Factom?
Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was realised and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month.The lack of effect on the price had many reasons:
1) Until summer Factom was more a secret tip. Not many really know much about Factom and it's usecase and it's economical design which is not just unique but near to perfect in my opinion.
2) Unlike other projects the team doesn't make marketing for the market. In short-term that may be a con but I consider it as a pro and attention is absolutely increasing.
3) Timing - Bitcoin is rising since over 1 year now. It's not easy for any project to make big moves against that. But Factom did.
4) The last two months: The M2-rollout was not very smooth, more the opposite. But the problems seem to be under control now and it's just a question of time that it's complete.
Besides that there are facts: The team is constantly working hard and improve everything and I don't know of any project that is so far ahead when it's about real business-use. It would be very unlikely if there wouldn't be more good news in future. And it would be very unlikely if that would have no impact on the price.
By the way, some days ago you said this:
It's time to buy factom.
You didn't know about the ETF when you made that post or what has changed? Let me guess: You was invested and now you are out. ;-)
1) To say "very likely" is most likely correct. To say "absolutely clear" is not.
Okey, it's absolutely for me.Quote
2) Do you know any project with more good news in the last 12 months than Factom?
Do you know any project that has the same amount of good news and doesn't have any response on the price? E.g. in the middle of the summer the price had been 0,0056 btc per coin, then m2 was released and now the price is 0.0024 btc. Your statements are true if you invest dollars, but it is better to buy bitcoin (in my opinion). If you invest bitcoin it's very easy to lose some money, that's why should wait for the month. You can't know it and that is true for all ETF's - and that's why it makes no sense to claim it would be "absolutely clear" that the price can't grow much. Even with approval it would not be clear how FCT will react because approval of the ETF would absolutely not be bad for Factom but the other way around.
It's very likely that price won't grow up until we get results of EFTs and very unlikely that the price will go up if ETFs get approved. So that's why it's "clear".
Quote
everything what is good for Bitcoin is also good for Factom.
Now i could see another thing.Quote
And you also don't know anything about Factom's side. Is it possible that they will come out with an announcement with price-impact? We can't know it, but the past shows that it's always a possibility. Additionally there will be Exodus and it's likely that the M2-troubles are near to over now etc.
It really doesn't make any sense to claim anything would be "absolutely clear". ;-)
Announcement from factom team? LOL It really doesn't make any sense to claim anything would be "absolutely clear". ;-)
Could you see it from the past? All their announcements passed imperceptibly. Okey, just watching btc and factom prices right now.
1) To say "very likely" is most likely correct. To say "absolutely clear" is not.
2) Do you know any project with more good news in the last 12 months than Factom?
You can't know it and that is true for all ETF's - and that's why it makes no sense to claim it would be "absolutely clear" that the price can't grow much. Even with approval it would not be clear how FCT will react because approval of the ETF would absolutely not be bad for Factom but the other way around.
It's very likely that price won't grow up until we get results of EFTs and very unlikely that the price will go up if ETFs get approved. So that's why it's "clear".
Quote
everything what is good for Bitcoin is also good for Factom.
Now i could see another thing.Quote
And you also don't know anything about Factom's side. Is it possible that they will come out with an announcement with price-impact? We can't know it, but the past shows that it's always a possibility. Additionally there will be Exodus and it's likely that the M2-troubles are near to over now etc.
It really doesn't make any sense to claim anything would be "absolutely clear". ;-)
Announcement from factom team? LOL It really doesn't make any sense to claim anything would be "absolutely clear". ;-)
Could you see it from the past? All their announcements passed imperceptibly. Okey, just watching btc and factom prices right now.
Do you know that the ETF will be approved and when the decision will be made at latest?
I don't but things happen. The first ETF will be on 11th Marth. Then there will be solidX in late March.You can't know it and that is true for all ETF's - and that's why it makes no sense to claim it would be "absolutely clear" that the price can't grow much. Even with approval it would not be clear how FCT will react because approval of the ETF would absolutely not be bad for Factom but the other way around. Not directly but everything what is good for Bitcoin is also good for Factom.
And you also don't know anything about Factom's side. Is it possible that they will come out with an announcement with price-impact? We can't know it, but the past shows that it's always a possibility. Additionally there will be Exodus and it's likely that the M2-troubles are near to over now etc.
It really doesn't make any sense to claim anything would be "absolutely clear". ;-)
Do you know that the ETF will be approved and when the decision will be made at latest?
I don't but things happen. The first ETF will be on 11th Marth. Then there will be solidX in late March. 
what are the forecasts for rise in prices?
Exodus wallet might cause people withdraw their Factom from Polo since margin lending rate s shit. This, in turn, would make life for speculators and margin traders much more difficult. It would be much harder for them to access cheap Factom and short their positions.
Would this affect the price? Probably not much.
What else can affect the price? As in other markets where securities re being traded. Some new deal or some new product which would be PROPERLY support by some kind of world class marketing.
This would rise people expectations and increase demand and price.
Can Factom do this? Yes, I m sure they can and I m also sure they will.
Would this affect the price? Probably not much.
What else can affect the price? As in other markets where securities re being traded. Some new deal or some new product which would be PROPERLY support by some kind of world class marketing.
This would rise people expectations and increase demand and price.
Can Factom do this? Yes, I m sure they can and I m also sure they will.
what is the reason ?
It's bitcoin ETF and manipulative increase of bitcoin. You could see that all alts lost in the price and aren't increasing now. Look at the price of btc right now!!!Do you know that the ETF will be approved and when the decision will be made at latest?
what is the reason ?
It's bitcoin ETF and manipulative increase of bitcoin. You could see that all alts lost in the price and aren't increasing now. Look at the price of btc right now!!!Why is that clear?
Only thing that could change the situation it is exodus wallet that support factom.
the price will go down ?
Maybe. But now it is absolutely clear that the price will not grow much during the month.Why is that clear?
Maybe. But now it is absolutely clear that the price will not grow much during the month.
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what is the reason ?
the price will go down ?
Maybe. But now it is absolutely clear that the price will not grow much during the month. there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?
is it good to do now buy or wait for another drop?
You should wait for one month.
there was good news? it is now in, or the price likely to fall? what are the prospects for the next month?
is it good to do now buy or wait for another drop?
is it good to do now buy or wait for another drop?
You should wait for one month.
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