Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
With Factom it is always "There is something about to happen, or "They have solutions to real world problems" been listening to that hype for too long and I have come to the conclusion that Factom is vapourware - it has the appearance of substance but in reality evaporates into nothingness
finally someone gets it
God its not just vaporware it gets used in the real world:
This baoquan.com company used factom to secure rights ownership
https://www.coindesk.com/blockchain-can-legally-authenticate-evidence-chinese-judge-rules/
DHS using Factom
https://www.dhs.gov/science-and-technology/news/2018/06/15/news-release-dhs-awards-austin-based-factom-inc-192k
Scanned documents being anchored
https://www.reddit.com/r/factom/comments/8w17nx/sphereon_brings_blockchainanchored_proof_of/
You both just don't get it, all you look at is the price, if factom were up 100% and in the top 10 on CMC you would be in here praising it like its the second coming of Jesus. If you are going to call factom vaporware you better be ready to call almost all other altcoins vaporware.
Yes, I would be prepared to call 95% of altcoins vaporware - getting back to the price, there do not seem to be enough Factom hodlers who believe in it to support it's price at a reasonable level - I actually bought Factom at around the $2 range so I am not a here today gone tomorrow cry baby, however I do not want to hold onto a coin that does not seem to have much grass roots support.
Grass roots support?! Did you not click on any of the links I gave you? Do you even follow the reddit and what the ANOs are doing?
Congratulations Factom, I knew you could get below $5 , now let's try and break that $4 support level
Factom has a GUI since December 2015 as far as I remember. And to measure the quality of a project based on it's token-price doesn't make much sense in such a volatile market. On it's highs there have been projects that don't even exist but started with marketcaps of hundreds of millions.
One thing is for sure: You won't find many teams that work harder than the Factom-guys. Just check this - just the activity of the last 24 hours:
1) https://github.com/FactomProject/
2) https://www.factom.com/blog/august-2018-factom-protocol
3) https://twitter.com/DChapmanCrypto/status/1039328050893279232
4) https://twitter.com/factom/status/1039228464719691776
If you don't see that because prices are down, find a token that you can buy while it's price is high.