Quote from: Azael on August 12, 2016, 09:06:11 AM

Factom Series A closing tomorrow https://bnktothefuture.com/pitches/factom-series-a their seed round was covered widely so I expect Factom to be on top of this some time next week.

Thanks for mentioning it. Funny: the short sellers have pulled in their horns right now. After a frenzy when Factom bottoned at ~0.0035, a lot of shorts liquidated as the selling was met with a lot of buying. Some of them, I'm sure, liquidated at a small loss. "Ouch."

Now, when Factom climbs up, far fewer shorts are fighting the trend than yesterday and the day before. Other than that big fight at around 0.0035, the volume has dwindled too. It's as if both the punters and the shorters have stepped back to see what will happen. Maybe because of the Series A closing?

(Alternate explanation: the pumpers are now chasing MAID, DASH, VOX and NEM instead of FCT...but that doesn't explain the shorters' reticence.)