Quote from: Mimir on October 20, 2016, 04:57:05 PM

Quote from: Jjtjjt on October 20, 2016, 04:06:27 PM

Unless of course I loan it out on Polo for a garbage rate over the next 30 years, but I'd rather not do that.

I'm quite suspicious of polo and their transparency when it comes to margin lending. They've got some big cold wallets sitting there. Potential for shaking people down. Not saying they do it, but there's always that thought back of mind. I'd be very grateful if FCT was taken off their margin book really.

In the end, more clients will come on board, more deals will be announced, and price will spike each time on news but really its all about the constant stream of entries burning Factoids each day. Whether Factom Inc does this as a service or the companies just do it themselves using the api is irrelevant for token holders. What matters is there is less FCT each day and the supply won't increase until M3 which is a very long way off.

Meanwhile most other coins supply keeps going up. There's over 30,000 ETH mined each day. At todays prices thats $364,000 USD appearing out of thin air each day. People can ignore that fact for a while but eventually the price will have to justify it.

https://etherscan.io/charts/ethersupply

If I would buy on margin, there would have to be a pretty decent pullback. If the value drops below 20%, you get margin called. That 20% doesn't afford you a ton of wiggle room. I shorted Monero not too long ago. The damn thing was too volitale so I jumped out of it. Lesson learned.