Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
zebulun
on 28/03/2017, 22:02:34 UTC
I don't really don't to read about someone gloating cause they made a few $100 dollars out of day trading Factom. Who gives a fuck. I'm not looking to buy and sell Factom for a 10% gain. I've got over $20,000 USD in Factoids and I'm either losing it all or getting a 100x gain.

I believe your expectations are unrealistic, Factom markets cap had to go to $3,100,000,000 for you to make 100x your current holdings, and with current supply.

As time goes by more and more crypto system offer the same abilities, money will be spread and projects will not achieve such high valuations, so, you should adjust your expectations, $100's of dollars per day is pretty great...

Are you aware of how much entry credits cost and the effect that "real world demand" (not Polo speculation), will have on the price?

$410 per Factoid is a MINIMUM (before speculation), if there are 1 billion entries per day. This is what I'm interested in. Paul Snow said clients asked about "1 bil entries per day" - not sure if there is actually that much data out there to be stored, in which case we will never see 100x gains. But if there is  then there's every chance.