Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
mig5000
on 31/05/2017, 02:48:48 UTC
It will not "moon" because it will not go higher than the EC credits dollar equivalent. 2x or 3x is possible, not 20x or 30x.


EC burns factom. The higher the FCT price is the lower the number of FCT burned, the lower FCT price the higher the number of FCT burned is. Over 73k FCT burned per month and you have deflation, under and you have inflation. The FCT price should be driven somewhat by what is to come and what's in the pipeline in the future even tough EC's price is fixed.