Quote from: mtnsaa on November 01, 2016, 07:41:51 PM

Quote from: nowhere man on November 01, 2016, 06:54:11 PM

We've all been waiting - but even if big news occurs that some company or other plans on buying 100 million entry credits per month, that still doesn't justify the current price at 73k per month inflation rate. I'm sure there will be a mini rally when M2 is finally here (and if that doesn't happen before christmas - expect fct to halve in value from here), but I think we'll be waiting for quite some time before we see usage figures for entry credits justifying a value of say 5 dollars per factoid. Who knows though, maybe speculation will help out.

I don't understand the fear about that inflation rate, it's not even a million per year. In ten years after M3 there would be around 18M FCT, so what, that's nothing? Ethereum has inflation too and it reached $20.

I remind you that price per FCT is $2...

And that is without counting any burned entries which I'm sure there would a lot, maybe not to be deflationary but still.

The deflation will be as good as 73k as soon as the fct/entry will hit the right price. I dont expect there ever be more then 10 million coins.

The main thing that drives price now is speculation and the bitcoin price, cause eventually only the future will show the amount of entry beeing used.
But hey let bitcoin rise one more time i love cheaper coins.