Quote from: -Greed- on October 09, 2015, 03:52:51 PM

Quote from: tempus on October 09, 2015, 03:42:22 PM

This is business as usual after an ICO (it's even self-fulfilling prophecy), when a project isn't on many exchanges, didn't get much attention yet, money was bound etc. It will depend on the progress. If they should be quick and release an userfriendly QT (just for example) soon, the price will react and be back soon. If it needs more time it will drop further. But to believe this is like a little scamcoin where a bunch of anonymous Crypto-Cowboys cash out for 50 BTC and run away is ridiculous.

I ain't saying this is a scam like get-the-money-and-run-away. I mean private presales, 30% of tokesn going to some "contributors", and all the things smell extremely fishy. Factom might be a good project but a bad investment.

See... they won't give the tokens away to people without some faith in the project. And if you think about intentions, the question why people sell at those prices. What could that be?

- money is needed
- impatience
- fear because of bad experiences in this very weird crypto-market

And there were 4,379,973 FTC's sold to the public... that's enough potential to bring pressure on the price if there is not enough attention right now from Investors with an account at Polo to catch it. And those who are scared because of the price know what I'm talking about. It's really not meant critical in any way. But people should invest with more mind and patience instead of just reacting on the chart. I can't predict the future of this project and there are risks everytime. But if I compare this to 99% of other projects I see a great opportunity and I have to confess: I'm glad about the price because I've missed the ICO.

Edit: There were mainly two dumps with higher volume. Both dumps began at a price range higher than the ICO but brought the price below. Means: He or she or they got out near exactly the ICO-price in average. And: At around 0.0009 was a lot more in the sellorders some hours ago. It's possible that it's just one person who wanted to sell at around 0.0009 but expects the price to go down more or maybe even that he could be able to cause some panic to bring it down and buy more in price ranges below ICO.

With other words: It's normal speculation. So, add to what I've said above the possible intention to cause some panic with dumpings to buy more.