Why do I have a feeling something or someone s intentionally keeping Factoid price low and under controls? For example, look at Monero, 1 media event and the price propels 10x up. With Factom, it s a constant stream of great events, a great team behind the entire project, an actual company, large VCs, state support, huge market potential, constant presence on most important crypto conferences, important milestone just to be reached and decreasing number of tokens. Yet, as soon as the price goes up a bit, there s a series of dumping to keep in controlled.
I ve seen some other evidence which support this claim which I do not want to reveal yet until I have a solid proof. However, most of you will agree, Factom should be doing much, much better price wise and I m not talking about one time pump. I m talking about the actual value of Factoids which give access to the technology.
This is very true and sad. Only reason they can do this is due to no regulations and nobody can stop them. All of crypto is manipulated in a sense by big holders, we are a purely speculative market with some projects being more concrete than others; Factom being one of them. I feel they are just doing there best to hold, make people give up and lose patience because they know this will be such a huge winner. Factom could easily have a 20-50x from here with sufficient liquidity as well to cash real substantial profit out.