Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
dleader
on 29/03/2017, 19:51:00 UTC
It's a nice project, but I think that if its this low its because its hard for investors to understand where the value comes from. BTC is a decentralized transparent ledger that can serves as a store of value, its simple (well kinda). XMR is anonymous cash, its simple too.

But factom? the right to store data on the blockchain? what do I do with that? Its a business coin. I wonder if its going to get used, maybe it is already?

Counter argument is ETH... I've no idea how to explain what it is or what it does but its super high!

Anyway, I bought some because I had good feelings about it.

It's 'low' because some whale or large MM doesn't own the majority yet, make no mistake 90% of cryptos have no real world use outside of the small communities they have garnered. Factom has real customers with real business happeingin right now. It's also low because they don't hype their partnerships, most of the time you learn about them from a press release from the client not the factom team. Buy, Hold, and wait. The accumulation phase is nearing completion, last two days it looks like a competing large holder has bought in about 500 btc in the 40-41 range.