Quote from: D-Lux on October 26, 2016, 11:32:24 PM

Quote from: zebulun on October 26, 2016, 10:35:57 PM

But looking at the current figures of 4.5 mil entries in total, there isn't enough entries to even justify the current price of a factoid.

This isn't how valuations work. According to this logic, very few cryptos could justify a market cap of $1, given that they're pre-profit. Even among established companies in public markets, valuations are often a dozen or more X their yearly earnings (see "P/E ratio").

The main thing to look at is trends, and for Factom, the trend is a slow exponential:

https://docs.google.com/spreadsheets/d/1RUZLxxoAfT3C5jIJ144DLYdztYe_sqrKqbTlZuD05-s/edit?pref=2&pli=1#gid=445871101

Yep completely understand. And this is why I'm invested in Factom in the 1st place as I see potential that other cryptos don't have i.e Factom actually has paying customers and a real world use case.

As for shitcoins that do nothing and have a marketcap, they won't stand the test of time. They have value now because of speculation but in 10 years from now they won't be around.

I really think this "slow exponential" growth of Factom is incredibly slow though. On that basis it could take a few years to reach 1 million entries per day, and ALOT could happen in that time. That's why I'm wondering how much things will pick up after m2. Are there some massive organisations that will only jump on after m2 is released?

Wouldn't it be great if Factom just got 1 billion entries per day in 3 months time? A pipe dream perhaps but I doubt any of us investors would be complaining.