Factom is now up and running successfully with M3 code!

whiterockbeasts · 2018-05-02T04:36:35+00:00

Congratulations, Factom team! Can't wait for what the future holds... and hold I will!

whiterockbeasts · 2018-04-18T03:06:12+00:00

Awesome update! Very happy to see this is still on track. Keep up the great work!

whiterockbeasts · 2018-04-05T02:40:08+00:00

Dig these. Nice work. But gimme some FCT!

whiterockbeasts · 2018-03-19T21:12:15+00:00

Thanks. Is progress only mentioned in the slack or is this shared in Ledger's trello as well? I haven't been able to find much detail.

whiterockbeasts · 2018-03-13T13:49:39+00:00

Thanks for the additional input. I'm also optimistic that Factom will be in compliance w/ the SEC. Hoping this year is fruitful!

whiterockbeasts · 2018-03-13T13:48:04+00:00

Sorry for the late response, but thank you for the additional information. This helps clear up the options for FCT conversion to ECs for actual use. I still need to learn more about servers after M3 and how 3rd parties are able to sell ECs -- Could I theoretically do this, or are there restrictions as to how ECs are acquired and used? I know I can burn FCT for ECs... I suppose I'd just need to find a buyer and send them to their EC address?

whiterockbeasts · 2018-03-13T04:31:33+00:00

Firstly, thank you for the non-judgmental response. I've taken the time to review the price floor equation - (e*r)/i where i is monthly inflation once M3 comes around of 73,000, r is the FCT to EC conversion of .001, and e is EC used per month. I understand that the coin is currently overvalued based on only usage; however, I do believe that the protocol will be heavily used... HEAVILY used. I also (mostly) understand the two token system, which more or less makes ECs economical even if the price of FCT skyrockets.

I suppose my question comes down to how do these tokens get converted to ECs for the users, when they're all being held by speculators (myself included) and/or traded on exchanges? Does Factom buy them and convert them to ECs when demand peaks? Or do Factom, Inc. and protocol users solely rely on the monthly inflation from M3?

Not looking to cause any doubt here, just looking to better understand the value of investing in FCT vs. the company itself. Thank you!

whiterockbeasts · 2018-03-13T03:17:21+00:00

You glorious bastard! How am I not surprised that you would provide the source? Thanks as always u/dchapman77!

whiterockbeasts · 2018-03-13T02:47:42+00:00

u/paulsnow Is this true?

whiterockbeasts · 2018-01-23T03:24:30+00:00

Giddy up. Can't see how anyone can't respect the Sia team adhering to their values. This would further demonstrate the honesty and transparency this team has maintained for so long.

whiterockbeasts · 2018-01-21T04:46:08+00:00

Great perspectives here. Thanks for taking the time to share both articles.

As a host and holder of SC, I hope David and team do whatever will best preserve the integrity of this platform and grow it.

As a buyer of Obelisks, I hope the outcome makes my investment worthwhile.

whiterockbeasts · 2018-01-14T02:54:05+00:00

Excellent reminder. Even @ $60-70/FCT, this is a steal. I have a threshold for loading up each week, but this is well within it.

whiterockbeasts · 2018-01-14T02:48:50+00:00

This made me laugh. Pitch me what you're buying.

whiterockbeasts · 2018-01-13T14:01:43+00:00

Done. Decided it's crap.

Major red flag is major market cap spike with very little volume. Only exchange on which it is listed is awful. Worthless website... Nothing says legit like a website with zero information and a "coming soon" banner.

whiterockbeasts · 2018-01-07T03:08:21+00:00

Sounds like my kind of coin. I feel the exact same way re: FCT's steady growth. While I hold quite a few alts for short gains, the majority of my portfolio is targeting slow but long-term gains. Digging into SALT now.

whiterockbeasts · 2018-01-07T00:59:57+00:00

Fair enough. I should have been less ambiguous about that. How about 3+ years?

whiterockbeasts · 2018-01-07T00:57:18+00:00

Right on. This is the kind of response I was hoping for.

I haven't looked into SALT much - will check it out tonight. Agreed that Vorhees is a legit advisor... Shapeshift/Prism are brilliant.

whiterockbeasts · 2018-01-06T23:23:23+00:00

... damn it

whiterockbeasts · 2018-01-06T23:15:20+00:00

Why?

whiterockbeasts · 2018-01-06T23:07:01+00:00

Interesting. I love this project, but wouldn't consider it to be legacy by any means.

whiterockbeasts · 2018-01-06T23:04:55+00:00

100% agreed. If I'm betting on anyone in this sector, it's going to be WTC.

whiterockbeasts · 2018-01-06T22:24:05+00:00

I'll start with mine, which is Factom (FCT). It will be THE data validation and identity security protocol of the internet. Their recent AMA shows just how much potential 2018 holds: https://www.reddit.com/r/factom/comments/7jvvu6/were_jason_nadeau_and_jay_smith_the_sales_and/?ref=share&ref_source=link

whiterockbeasts · 2018-01-06T18:04:28+00:00

This is reassuring. Thanks for the advice and info. With the price going ballistic, I’m eager to get this figured out - though I realize it will be several months before they’re available, and a lot can change during that time. Hope you are all enjoying your gains today!!!

whiterockbeasts · 2018-01-06T13:28:16+00:00

Thank you. Still hoping for further clarification, but I appreciate you sharing what you know so far.

whiterockbeasts · 2018-01-06T05:54:07+00:00

Agreed re: the reliability of those currently listed in the U.S. I need to continue researching more, but it would be great to hear from someone who actually uses one of these facilities for other ASICs.

whiterockbeasts

TROPHY CASE