Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
PilotofBTC
on 07/10/2015, 18:50:37 UTC
Looking at harvsmith's post history this is obviously a troll account.

FACTOMs troll following is pretty impressive. It's partly what keeps me interested in it.  Grin

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?

No we were EXPECTING just this to happen. I'm not the only one that thought FCT had no reason to pull 10x ICO price with no usage or even the whole system being up and running.