Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
Jjtjjt
on 20/10/2016, 16:06:27 UTC
FOMO'ing a bit in FCT.
nowhere as much as i had before

Yes i missed the last dip below 0.0037 but i managed to catch 2 bounces, so...

No strong conviction the correction is over, still think the weekly bearish divergence is into play and see much lower prices,
but hey, i might be wrong, and in the long run i think FCT is cheap enough to put some chips in, after all, i got everything out over 0.005... so just taking a bit of that.
the latest fast daily declining trendline seems to be broken so a re-test of 0.0047 (pre-flash crash level) seems now possible to me, especially BTC is taking a breather

ready to change my mind any time.

I will never see it go below 300k sat so i opened a really small margin trade, if it gets below 300k i can buy in really big.
Might see a pullback to 350 levels but thats it if you ask me.

never say never, when ETH was trading at 20 USD, nobody thought it would trade below 8 USD... when BTC traded over 1000 USD nobody expected it to drop below 200USD...
LTC was 40 USD its now below 4 USD...
There is no sure thing

Very true. And when Factom was at 2.50 USD nobody would have expected it to surge to 15 USD that fast. Oh no wait that has not happend yet  Grin

I'd say it will take 15-20$ mark in four waves and will take a bit less than two years. Then it will become very stable in price and convenient coin to store wealth because of its stability.  

Hey,  Does anyone know what the price was early October of last year when fct started trading on Poloniex?  I can find all the charts in the world but no specific price.  Thank you.

If you look here: https://poloniex.com/exchange#btc_fct

Below the chart you can chose what you want to look at. One year ago the price was at about 0.00047 BTC.

So 30 cents give or take.  I wish I had a time machine.

You don't think it s possible the same thing happens again? Next year you might look at current price and say, damn, I wish I had a time machine.

That is what I am deathly afraid of.  I can't afford to buy all the FCT I want in one fell swoop.  Right now I can buy 400 FCT per paycheck.  If my goal is 10,000 fct and the price goes to 10 bucks per, I'm screwed.  Unless of course I loan it out on Polo for a garbage rate over the next 30 years, but I'd rather not do that.