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Showing 20 of 507 results by Freckleg
Nice and quiet here, a few hairy trolls, a few desperate alternate coin promoters.
Price nice and stable (USD) actually better performing than ETH and many other alts.
Clear skies and M2 / Exodus release imminent
2016 was a good Factom year, 2017 will be a great Factom year
Price nice and stable (USD) actually better performing than ETH and many other alts.
Clear skies and M2 / Exodus release imminent
2016 was a good Factom year, 2017 will be a great Factom year
hihi The shorting trolls are at it again.
Factom promised M2 and delivered M2.
It is quite simple: Factom has a use case and has clients. If your attention span is bigger than that of a goldfish and average crypto troll just hold on to those tokens
Factom promised M2 and delivered M2.
It is quite simple: Factom has a use case and has clients. If your attention span is bigger than that of a goldfish and average crypto troll just hold on to those tokens
And.... ignore. Pap0u get a life bro, try to read a little bit, try to understand things. Try to understand more than FUD when you are on the short side and Moon remarks when you are long.
I would say for this forum back to the productdiscussions, price is quite irrelevant at these levels
I would say for this forum back to the productdiscussions, price is quite irrelevant at these levels
That s what puzzles me. If Factom s really that good and this potentil s been recognized by several great names in the industry, how come XMR volume s 5x Factom or even more. It s gotta be related to the Polo margin lending which makes people keep their Factoids on the exchange, lending them for peanuts which supresses the price and consequently volume. Exodus s gonna change that big time and then we ll see the real market value of Factom. I ve got no other sane explanation.
I think best scenario if is Poloniex goes bust today or tomorrow. That'll burn some factoids at least from all the lazy holders not having used paper-mill. Thin out the herd so to speak
It would ruin Factoid price. First, potential hacker would dump everything immediately and second, people who d lose money would not touch Factoids ever again. A very stupid idea. Let us not spread FUD anymore.
come on Crazy you have to learn to appreciate a little sarcasm humor, or are you also one of the lazy holders? come on admit it you are aren't you?
That s what puzzles me. If Factom s really that good and this potentil s been recognized by several great names in the industry, how come XMR volume s 5x Factom or even more. It s gotta be related to the Polo margin lending which makes people keep their Factoids on the exchange, lending them for peanuts which supresses the price and consequently volume. Exodus s gonna change that big time and then we ll see the real market value of Factom. I ve got no other sane explanation.
I think best scenario if is Poloniex goes bust today or tomorrow. That'll burn some factoids at least from all the lazy holders not having used paper-mill. Thin out the herd so to speak
I'm surprised that this doesn't get more attention until now:
Factom secures important paper documents on the blockchain with Smartrac
https://uk.finance.yahoo.com/news/factom-secures-important-paper-documents-091207833.html
Maybe not the biggest thing right now, but it seems to have some potential.
Factom secures important paper documents on the blockchain with Smartrac
https://uk.finance.yahoo.com/news/factom-secures-important-paper-documents-091207833.html
Maybe not the biggest thing right now, but it seems to have some potential.
Indeed and if you read the article list below it is quite impressive. And this is only from the last two months:
Related Articles
- Factom gets Bill & Melinda Gates Foundation grant to secure medical records on the blockchain
- Blockchain start-up Factom raises $4.2m Series A funding
- US Department of Homeland Security awards Factom funding for blockchain IoT project
- Factom secures important paper documents on the blockchain with Smartrac
What are the concerns with medical records on the block chain and Protected health information?
hashes are stored being a reference to a record, the actual record itself will not be stored on the blockchain
Ah crap, feels like sub .0030 is coming back. What the hell?
bots in overdrive
500 btc bought to 0.0032
190 btc sold to 0.0029
it becomes harder and harder to hold it back from rising, fun to watch
These is really nice news. Guess what, probably news of the week, if not this month, will not be published anywhere besides a few side and irrelevant news portals. Isnt this something which should be in NYT or Wired or even Coindesk.
Nah. Irrelevant. CMO Factom? Anyone?
EDIT:
Let me correct myself, it s visible here and there
http://www.ibtimes.co.uk/factom-gets-bill-melinda-gates-foundation-grant-secure-medical-records-blockchain-1592227
Nah. Irrelevant. CMO Factom? Anyone?
EDIT:
Let me correct myself, it s visible here and there
http://www.ibtimes.co.uk/factom-gets-bill-melinda-gates-foundation-grant-secure-medical-records-blockchain-1592227
Even CNN.... Gates Goes Blockchain and chooses...Factom!
http://coinjournal.net/blockchain-startup-receives-grant-gates-foundation-medical-records-project/
And it is.... Factom...
And it is.... Factom...
Cool Bill Gates Foundation chooses Factom. That is a nice vote of confidence!!
Folks, my understanding is that M2 is currently just on the testnet and as soon as it has been tested successfully, M2 will be implemented on the main chain. That would be the actually M2 and Factom would announce it again?
Please correct me if Im wrong but did I get this right?
Please correct me if Im wrong but did I get this right?
Yeah seems to be what is suggested, once it they are happy with testnet it will switch over.
I'm sitting here spamming it with with crap entries and making a bunch of requests for my nonsense data. Test network seems to be holding up fine, even with only 6 fed servers.
Prefer they test it well rather than rush it out. Ain't no need to pander to the crypto community, they not the customers here.
Really? So this means we re irrelevant from Factom viewpoint?
Nope factoids need to have value for the system to work from an economic standpoint. But from a well tested user perspective quality comes before speed and is more important than factoid value. Factoid value is derived from high usage. A high quality scalable solution is necessary for high usage possibilities
People, things re gonna change quite soon.
Let me quote what Paul posted on reddit a few days ago:
"A couple of months ago I said we were weeks away from a testnet. Our schedule is dictated by testing, and we are testing the heck out of M2, so we are at the edge of that statement. We are quiet, but as Github shows we are hard at work. I am not ready to delay out to 2017. I've been terrible at estimating our schedule, so I'll not say more than that."
So, he says, WE RE AT THE EDGE OF THAT STATEMENT. Does the edge mean 6 months? No. Does it mean 3 months? No. It means soon. So, be a bit more patient and let s launch this ship.
Let me quote what Paul posted on reddit a few days ago:
"A couple of months ago I said we were weeks away from a testnet. Our schedule is dictated by testing, and we are testing the heck out of M2, so we are at the edge of that statement. We are quiet, but as Github shows we are hard at work. I am not ready to delay out to 2017. I've been terrible at estimating our schedule, so I'll not say more than that."
So, he says, WE RE AT THE EDGE OF THAT STATEMENT. Does the edge mean 6 months? No. Does it mean 3 months? No. It means soon. So, be a bit more patient and let s launch this ship.
Huge dump on FCT M2 release...
Buy the rumour, sell the news..
POOR BAGHOLDERS
Looking at your post history, you re A TEXTBOOK example of a pump and dump troll. First you invested all of your energy in hyping FCT, then u sold, now u re trying to fud it so you can buy low. Damn dude, get a life.
You are aware you are talking to a bot?
Actually it can go to 0.016 and still be x100 
I can explain why i think it's possible, first of all the entry coin price is fixed at $0.001 so 1000 entry are 1$.
The inflation of the coin is 73000 each month (little less) this is also the burn rate eventually.
So now we know how the rates are we can only speculate on how much is it used, and base the price on that.
I will calculate it per month.
100,000,000 entry's = $ 1.369 fct (100,000,000 /1000 = 100,000 dollar / 73000 = 1.369)
1,000,000,000 entry's = $ 13.69 fct
10,000,000,000 entry's = $ 136.9 fct
100,000,000,000 entry's = $ 1369 fct
So my guess is that big company's like banks, insurance even IoT will eventually use fct simply cause its easy, already made, cheaper.
So my guess is that 1bn entry's will be placed on daily base.
30,000,000,000 entry's = $ 410.7 each Factoid.
I know call me crazy but ones it starting to take off, people will even hype it.
There are many interviews with the team and i watch almost all of them, Tiana and David both said there are company's asking us can we store a bn entry's on factom a day. (banks i guess) but no matter what they are there are more out there that wanna do the same.
Cause the fact its usefull for one shows its prob. also usefull for others.
But i would like to hear your views on this.
I can explain why i think it's possible, first of all the entry coin price is fixed at $0.001 so 1000 entry are 1$.
The inflation of the coin is 73000 each month (little less) this is also the burn rate eventually.
So now we know how the rates are we can only speculate on how much is it used, and base the price on that.
I will calculate it per month.
100,000,000 entry's = $ 1.369 fct (100,000,000 /1000 = 100,000 dollar / 73000 = 1.369)
1,000,000,000 entry's = $ 13.69 fct
10,000,000,000 entry's = $ 136.9 fct
100,000,000,000 entry's = $ 1369 fct
So my guess is that big company's like banks, insurance even IoT will eventually use fct simply cause its easy, already made, cheaper.
So my guess is that 1bn entry's will be placed on daily base.
30,000,000,000 entry's = $ 410.7 each Factoid.
I know call me crazy but ones it starting to take off, people will even hype it.
There are many interviews with the team and i watch almost all of them, Tiana and David both said there are company's asking us can we store a bn entry's on factom a day. (banks i guess) but no matter what they are there are more out there that wanna do the same.
Cause the fact its usefull for one shows its prob. also usefull for others.
But i would like to hear your views on this.
Nice analysis. I think the price suppression may have created a false sense of perspective with FCT. Imagine if the price hadn't been suppressed (or less often, artificially boosted), and naturally rose in some jagged path on its own. I can see it at 100m market cap today, even pre-M2, and I think we'd still be having the same conversation about the chances of it 100X'ing from there.
IMO it's really hard to find a natural limit or ceiling to the price of FCT. The reason is that the price is directly connected to usage, and there isn't a clear limit on data that could benefit from Factom. Which means, in a super-reduced sense: the limit of FCT's potential price is the limit of the world's datawhich has been growing massively over the past years/decades, and with IoT and other movements, looks like it won't slow down anytime soon. It's an interesting set-up ...
Indeed, it holds very stable vs USD at 2.50. But price should be a tenfold, only on the promise of Factom alone. Anyways not complaining accumulation phase is the best phase for.......accumulation
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.
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
Lol i thought lets visit this after months and people still talking about M2.
People their like how many months behind 7>8
People their like how many months behind 7>8
As long it is within this year, no issues there. Factom team, can we get confirmation about M2 being launched in 2016? I think that would fair from your side.
They dont care about factoid price thats the only reason why i sold already.
They will earn the same on their business they lead.
For them atm it doesnt matter if Factoids are $0,1 or 4.
No thank god for that. They are only successful if Factom is used. And if Factom is used a lot, it needs tons of ECs. I much rather invest in a protocol that is build by a company focused on use than only on the value of a token. Use equals value. That is exactly what makes factom great.
Not true what if they sell a mortgage contract for 250 dollar but only use 4 entry credits rest is company profit
Uhhh Ok didn't see that one coming. It is a protocol, to be used by everyone. There a billions of mortgages in the world and the are revised or updated regularly. Even with 4 ECs used for solely this purpose factom and factoids are quite interesting. If Factom makes 250 euro a mortgage contract I will be the fist to launch a competing service on the same protocol for less. Still using (a lot of) ECs though. Now imagine every single use case (outside of a mortgage contract) which has some sort of administration/trust in the process.... it's uses eclipse bitcoin and almost all alt coins combined.
Lol i thought lets visit this after months and people still talking about M2.
People their like how many months behind 7>8
People their like how many months behind 7>8
As long it is within this year, no issues there. Factom team, can we get confirmation about M2 being launched in 2016? I think that would fair from your side.
They dont care about factoid price thats the only reason why i sold already.
They will earn the same on their business they lead.
For them atm it doesnt matter if Factoids are $0,1 or 4.
No thank god for that. They are only successful if Factom is used. And if Factom is used a lot, it needs tons of ECs. I much rather invest in a protocol that is build by a company focused on use than only on the value of a token. Use equals value. That is exactly what makes factom great.
The commit frequency has slowed quite a bit. Anyone have an opinion as to whether this means anything regarding testnet/M2, or nothing at all?
https://github.com/FactomProject/factomd/commits/testgenesis
https://github.com/FactomProject/factomd/commits/testgenesis
well the chances of a M2 release become greater with every passing day. And it does seem quite quiet on GitHub, then again could be just a well deserved weekend for the team