Quote from: YoyodyneSystems on November 05, 2016, 09:55:33 AM

Quote from: D-Lux on November 03, 2016, 10:30:10 PM

Quote from: YoyodyneSystems on November 03, 2016, 07:16:28 AM

Bitcoin is about to enter a month long downtrend back to mid to high 600s

Probably starting today or tomorrow.

So that would be a nice window for the Factom accumulator to make his move.
Something like what happened with the XMR 10x rise would be nice.
Maybe they are even the same group. Ya never know!

Nice call, btw.

Thanks.

After a possible BTC bounce or two upward over the next 1-2 weeks the window for Factom should open up as people become comfortable with BTC not going over 750.
Second massive triangle is forming on BTC. During it's formation will be a great time for some alts.
They have about 3 months from now till BTC breaks up to $1200 in February Tongue

I happened to notice that FCT had a very similar pattern on it's last rise that XMR did before XMR went 10x to 200 million dollars market cap.
Just so happens that FCT is about 1/10th of that lately.

So if there is a slow rise on FCT over the next 4-6 weeks.... best be ready.
The target would be to see FCT go 10x (to 0.03 BTC) around Christmas with BTC flattening out in the 710-720 area.
This is assuming the same people that moved XMR will do a similar pattern with FCT in the same time frame.

Let's see if I get that one right.
It's the perfect time and the perfect coin for it.

Well credit where its due - you called the bitcoin selloff perfectly. Do you work for zerohedge? Anyway, these pushes tend to happen on the back of announcements (for xmr it was the oasis and alphabay double whammy) and if factom release testnet, then the real thing plus a couple more business announcements could create the right kind of conditions for a big rise as the drip drip drip of good news gets traders all hot and bothered. I still think we need something more tangible to justify factoid prices - as Grossbit suggested - company X will need to buy Z amount of factoids per month - for it to really hold its gains. We shall see.

I keep backing off of factom, but after the last dump down to 0.0023 I couldn't help but dip my toe in again. I also think that more delays combined with the news void that factom manages to generate could lead to a drop down to the 0.0015's......But I'm going to let the small amount I bought ride as a longshot and cross my fingers. Best of luck everyone. Its a jungle out there.