Still, this looks to me as just another pump, which will be followed by another DUMP. Dont think they will publish M2 before halving, it would steal a lot of marketing light from them. Even that s questionable having in mind the fact I was told Factom team s had some problems with financing development.
Again, this might be just a rumor and I do not want to spread FUD but I feel obligated to share this info so people can make sound decisions.
Lol.
https://news.bitcoin.com/dhs-awards-200k-factom/Also take a look at their workforce they haven't scaled it down and I've seen Factom hiring on other websites.
"problems with financing development" look at their GitHub. Last update was 3 hours ago. What are you smoking? Guess you have a short position with this FUD.
Not sure what's the hold up with announcing their new VC funding but if there's trouble they scale down or do a down round. I doubt there's a problem however. Negotiations take time and A round investors want to take as much advantage of time versus a start-up as possible.
I have a short position and I generate FUD? I have no stake in Factom anymore, my pump inducing friend. That being said, I have no interest in Factoid price going up or down, to tell you the truth, I dont give a shit anymore. What I did is, sold FCT and switched to Ether. Guess what, my investment increased 40% as of this morning, due to Eth price going back where it belongs. Still, that does not mean Factom s bad, not at all. I just made my decision based on level on info we ve been getting recently.
However, I ve been around long enough to understand when a company promises something to be delivered by the end of Q1 and then get to be late 4 months, something s usually going on. In addition to this, Factom team s been providing news about their progress about twice a year and have acknowledged the fact they do not plan to change this since they dont really care about Factoid price.
The fact they have singed DHS contract and the market has not reacted to this, other then a short term temporary jump, tells me the market sees things the same way I see them.
Again, I m expressing my personal opinion, I m not trying to influence anyone, you all make your own choices. However, serving positive news in order to try to stage another short term pump can only benefit you, Azael, and a few others. I m not talking about that, I m talking about long term value of Factom which can be achieved only by increased transparency and added value from Factom development. Maybe once you have more then 18 posts, you ll understand that.
