Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping
by
bitChipper
on 07/05/2018, 13:46:57 UTC
hej tempus
i know you are a long time in factom.
what is your opinion about the inflation rate of 73k factoids a month?
Do you think we will see a reduction in price in the coming months?
I'm not sure what to do, had expected the price to be a little bit more after M3.
I also expected that the community would be much bigger now but there are not many people left.
I know that factom is a genius project, but as an investment point of view i do not know if it will still be when those 73k factoids come on the market.
I also think that companies will not come out with news soon because why would they?
And if the NDA 's expires factom also will not bring out companys out of respect, I think.
So what remains to look forward for the coming months?
My wife says stay in factom Wink
In any case, factom has given me much more confidence than neucoin has ever done hahaha.
So how do you expect it to go in the coming months?
greetings

Hi factoo3!

You know me because of my rants against Neucoin? ;-)

Regarding your questions: No, I don't believe that the inflation that starts with M3 will have much if any negative effect on the price, because 1) in comparison to many other projects the inflation rate is not that high. 2) M3 is a big step and progress in the Factom-history and a base for much more.  
 

73k factoids created per month between 21 nodes, these are companies and groups running these nodes...people have to get paid.

Of course it will have an effect on price, they will be selling off these coins...

Things really not looking good for the price of FCT in 2018

In one year factom went from #18 on coin market cap to #97  Embarrassed