Yea and no one gives solid explanations as to why Factom has dumped so much, no rebound, no buy support at any level, it always free falls.
No one gives as to why it will pump all of a sudden, but let people pay cheap prices RIGHT before a massive pump? What fantasy land do you guys live in, no wonder you lose so much money.
No one gives as to why it will pump all of a sudden, but let people pay cheap prices RIGHT before a massive pump? What fantasy land do you guys live in, no wonder you lose so much money.
Against popular will I would like to respond. I come baring no ill-will.
I do not think your thoughts on price prediction are outlandish, stupid or worse. I think there is a possibility of what you speak of however small or big and I choose recognize it, like the other side of the coin. However, would it not be much more beneficial to say your predictions and just wait to let it happen rather than try to convince people who are not going agree with you at this point in time. So lets not waste our collective energy and just let the market speak!
Nod in silence if you agree.
I'll take you at your word that you aren't bearing ill-will, but to suggest the trolling of this forum is of equally valuemerely "the other side of the coin"is akin to saying flat-earthers and round-earthers have equally defensible positions. A brief look at Papou's history shows that he flip-flops every few days/weeks, depending on what position he holds. I don't agree that people like him bring any possible value to this forum.
I should note that the trolling going on here, while some of the most disruptive I've seen on a crypto forum, isn't limited to FCT. MAID, ETH, and other projects have recently been hit by likeminded trolls passing around similarly fake arguments and generallythe bottom line is always the sametrying to get people to sell. Some of this may be exhausting from the BTC rise / Alt fall, a lot of it is almost certainly from people shorting the shortable coins, but I don't think this accounts for everything.
My guessand it's only a guessis that some people/groups are driving the price of some of the top coins down in an attempt to accumulate. Some people, like a lot of people on this forum, believe that FCT and others have a very promising future. Some of those same people have a lot of money, and wouldn't mind taking on a short-term loss if it allows them to accumulate more of a certain crypto at a lower pricewhich will, eventually, be a LOT higher. To try to explain FCT's drop over the past months based on BTC's rise is ridiculous, given all the good news FCT has come out with during that same time period. AMP falling? sure. STEEM? yep. But FCT? Or looking at another coin, MAID? What's happening simply can't be accounted for given normal market dynamics. That FCT has been hit the hardest relative to its updates and prospects is, I think, a sign that some people really want to collect it. Which means that they're smart, even if they lack any pretense of decency.
The only upside to this frustrating situation is that those who are accumulating will at some point have accumulated, and if they're have as good at driving the price up as they are driving it down, FCT and a few other markets could get a little ... bit ... crazy.
