Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
MisfiringNeuron
on 21/03/2016, 00:48:02 UTC
Factom employees appear to have been trying to talk down the price of Factoids for quite some time now.  I've finally listened and sold most of my holdings.

From what I ascertain, a Factoid isn't meant to be worth $100.00.  It is meant to be a lot like Tether and fluctuate mildly around a certain price.  I believe that price is $1.00 per Factoid which is why Factom employees have been talking down the price.  They don't want anyone to get burnt too bad as milestones are reached.