That s what puzzles me. If Factom s really that good and this potentil s been recognized by several great names in the industry, how come XMR volume s 5x Factom or even more. It s gotta be related to the Polo margin lending which makes people keep their Factoids on the exchange, lending them for peanuts which supresses the price and consequently volume. Exodus s gonna change that big time and then we ll see the real market value of Factom. I ve got no other sane explanation.
Factoids were only ever intended as a payment to use the system, not to transfer wealth.
Always amazed FCT has so much volume on polo, where does it all come from? Usage of the protocol is why Factoids exist and nothing else, these carboncopy tradingbots fighting each other in an echochamber of cups and handles is just noise.
As for polo lending, FCT lending rates have been solid nearly all year, only in last few months is there a huge pool available at very low rates.
Below 0.1% daily see no value in leaving money on exchange, they are highly coveted things by the nefarious. Even if your particular coins don't get stolen you'll still be forced to pay up for it à la Bitfinex
I agree, this is why I believe most of Factoids ll get withdrawn as soon as we have a decent wallet. Also, this price drop s big time due to BTC skyrocketing again.