Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
Mrboot
on 24/11/2016, 12:56:33 UTC
[...] with 100 company's like this were looking at 1 bn a day Wink and thats a easy 400$ factoid price.

But yes all just guesses but im happy i got equity and factoids.

Yes 1b entries per day would actually require a base price (minus speculative premium) of around $400 / FCT. This would be just to avoid exhaustion of the FCT supply post-M3:

https://www.reddit.com/r/factom/comments/4zxi6e/fct_ec_and_the_factom_financial_ecosystem/

Given FCT's scalability, though, it's hard to imagine a speculative premium below several 100X, which would still be in the range of several S&P stocks's P/E, with comparatively much more limited scalability potential:

http://americasmarkets.usatoday.com/2015/03/02/the-8-most-expensive-stocks-you-can-buy/

$400?Huh My friend, I ve been into crypto long time. I ve been invested into at least dozen coins. Do you how many of these coins s had people on their forums expecting similar price. Every single one. Do you know how many reached this number? Not a SINGLE ONE.

I know you re going to say this figure s based on fundamentals and calculations. Still, Statistics s against this one.

Statistics are always against us holders since 80% of businesses fail within the first 18 months.

True but actually factom already survived that Wink. And they soaring and i dont agree with crazyivan.
Factom already shown that there is a need for the tech. and people accepting it even in bigger business there now evolving.
The price for factom is based on usage and i believe it can easly explode. Lets hope the servers can handle unlimited entry's Wink.