https://www.onebitcoinbuy.com/factom-cryptocurrency-buy-fct-invest-money.php
Factom stores the world's data on a decentralized system. Using blockchain technology for smart contracts, digital assets and database integrity.
Topic: FACTOM (FCT) long-term - Why no one is talking? (Read 5709 times)
Factom - Making the World's Systems Honest
https://www.onebitcoinbuy.com/factom-cryptocurrency-buy-fct-invest-money.php
Factom stores the world's data on a decentralized system. Using blockchain technology for smart contracts, digital assets and database integrity.
https://www.onebitcoinbuy.com/factom-cryptocurrency-buy-fct-invest-money.php
Factom stores the world's data on a decentralized system. Using blockchain technology for smart contracts, digital assets and database integrity.
I've been invested in Factom since around $3, and it's one of the least hyped coins with huge potential. They have an excellent team, and a very specific goal and target market. In that respect it's kinda like ripple, they have a very specific market they are targeting and very solid business sense combined with technical prowess. I think people saying what Factom is doing doesn't need a blockchain are not understanding how it can be helpful here. I think the main feature of blockchain they are using is that it's tamper proof. So, you can make a record of a mortgage document, and then you can have legal proof that those documents are exactly as they were when signed. I'm not sure how it all works, but I think this is highly appealing to companies to cut down on legal and auditing costs.
Is it on the rise or will follow the same trend?
A coin of this grade hanging around is so annoying.
A coin of this grade hanging around is so annoying.
One of my friends recommended Fatcom to me, and it looks good so far.
Factom looks promising. I will do some research on it before I eventually invest.
Ofcourse it is. It is a solid coin with upper class clientele already. Buy and hold for another 5 to 8 years. It's now moving upwards; from 9 to 16 now. I think it has potential to reach 25FCT:1BTC.
Cheers!!!
Factom looks promising. I will do some research on it before I eventually invest.
It's one of those "single-use-case" coins... which already limits what it can become.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
It shows how non-technical you are. People like you are using it as a gamble medium only but there are many who understands the core data structure on which these blockchains stand on and the problem that they resolve. Yes, these cannot be used as low latency data structures but that doesn't mean they are not efficient. They serve the whole big picture than that.
You need to be a computer science graduate with Finance background to understand what all problems it is resolving. So gamble and be happy but we are not buying your useless comments "People seem to forget...".
Educate yourself...
The thing about educating yourself at cryptosphere is that majority is not going to do it, never. You can earn more in this field by leaning on the crowd psychology, there's sure a lot of hot air in the market caps and no real value for most of the coins.
It shows how non-technical you are. People like you are using it as a gamble medium only but there are many who understands the core data structure on which these blockchains stand on and the problem that they resolve. Yes, these cannot be used as low latency data structures but that doesn't mean they are not efficient. They serve the whole big picture than that.
You need to be a computer science graduate with Finance background to understand what all problems it is resolving. So gamble and be happy but we are not buying your useless comments "People seem to forget...".
Educate yourself...
You need to be a computer science graduate with Finance background to understand what all problems it is resolving. So gamble and be happy but we are not buying your useless comments "People seem to forget...".
Educate yourself...
Lot'sa words - saying nothing.
If you know what problem they solve, explain it. Else this is just marketing bla.
It's one of those "single-use-case" coins... which already limits what it can become.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
It shows how non-technical you are. People like you are using it as a gamble medium only but there are many who understands the core data structure on which these blockchains stand on and the problem that they resolve. Yes, these cannot be used as low latency data structures but that doesn't mean they are not efficient. They serve the whole big picture than that.
You need to be a computer science graduate with Finance background to understand what all problems it is resolving. So gamble and be happy but we are not buying your useless comments "People seem to forget...".
Educate yourself...
I see where you guys are coming from, but I thought the same thing about XRP.
"Why would banks need to use an outside company to transfer funds when they already have SWIFT or can come up with their own solution?"
And look at the price of Ripple in the last few days.
I don't see any reason not to gamble a few dollars on Factom.
"Why would banks need to use an outside company to transfer funds when they already have SWIFT or can come up with their own solution?"
And look at the price of Ripple in the last few days.
I don't see any reason not to gamble a few dollars on Factom.
Sure - it might be a good bet for a speculative gains, just as Ripple was. Nothing wrong with that gamble.
I personally try to trade on fundamentals, which has served me well in the long term.
It's one of those "single-use-case" coins... which already limits what it can become.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
I agree with you very much. The blockchain is not efficient and can not be modified. Not all industries can use blockchain technology, so FACTOM may be on the wrong road.And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
I see where you guys are coming from, but I thought the same thing about XRP.
"Why would banks need to use an outside company to transfer funds when they already have SWIFT or can come up with their own solution?"
And look at the price of Ripple in the last few days.
I don't see any reason not to gamble a few dollars on Factom.
It's one of those "single-use-case" coins... which already limits what it can become.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
I agree with you very much. The blockchain is not efficient and can not be modified. Not all industries can use blockchain technology, so FACTOM may be on the wrong road. And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
It's one of those "single-use-case" coins... which already limits what it can become.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
And here the use-case doesn't even make much sense. Why would a land registry need a blockchain? Blockchains can't be freely edited - land registries need to be. You need a central authority to verify ownership. And all the remaining problems can be solved with an open database.
People seem to forget: Blockchains are not efficient. They are super wasteful. They just solve a very specific problem - one that doesn't apply here.
If no one is talking about factom, enjoy it. You can see how important data is for all kind of companies so I think with new big customers factom will faces ripple-style rising in the near future.
I think x10 growth is possible in a year.
If no one is talking about factom, enjoy it. You can see how important data is for all kind of companies so I think with new big customers factom will faces ripple-style rising in the near future.
800 members on factom slack, btctalk is just full of trolls
Join the slack http://factom-slack.herokuapp.com/
Join the slack http://factom-slack.herokuapp.com/
i don't think it has much of a future. you'll be able to do the same thing with offshoots of other coins.
How many factoms, or factoids will be created ? It's a very interesting project I'm thinking about throwing some money on this.
Factom has potential.
You are crazy if you don't buy at least a few coins, even at current prices.
Just invest a few dollars and HODL. (IMO)
You are crazy if you don't buy at least a few coins, even at current prices.
Just invest a few dollars and HODL. (IMO)
What could be it's worth comparing its ratio with BTC?
1BTC:25FCT at least?
1BTC:25FCT at least?
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