It's pretty normal that prices go below the ICO after it's listed on an exchange. The reason is simple: Those who wanted to buy FTC bought the ICO. That was the time of big attention. Than the time went by and some of them need money, others are impatient after a few hours on the exchange without 500% of profit and so on. This Thread isn't in the Ann-section, it doesn't get that much attention in the Crypto-World. And there are mainly the usual Traders on Poloniex. Those who are interested in Factom as a project because they want to use it doesn't necessarily invest in FTC's now, because it won't make any difference if they buy it now or later. They'll focus on the price of the entry-credits.
No, it's not. I've seen a lot of IPO/pre-sales and succuessfull ones didn't go below IPO/pre-sale that quick. Being the topic in a wrong section etc is no excuse.
It can't. Media attract traders' attention and they google a coin/token to buy it. This is why google trends data usually matches bubbles.
See... they won't give the tokens away to people without some faith in the project.
Those contributors who got 30% of the tokens might be the dev team. They are spending investors' money on devlopment as they are supposed to. So they need to get some profit by an ahother way and the way is dumping the 30%.
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.
Well, will see that...
There is not that much we agree. But we agree with "We will see" ;-)