Post
Topic
Board Announcements (Altcoins)
Re: [FCT] The Factom Protocol (Since 2014)
by
broadhurst
on 08/06/2019, 16:06:59 UTC
There is like what, 73000 factoids created every month? How you gonna sell them without crashing the market if you only have two major exchanges listing it? You can build a blockchain service but cant provide liquidity? It just blows my mind really.



Dude they are not worried about liquidity right now, these ANO that are getting a portion of the 73k factom are not just market selling everything. Maybe some to cover cost of running the node but they are saving the rest.

If a big client comes along and wants to make a bunch of entries then they don't need to hold factoids, thats the best part of the two token system.

It blows my mind that you think the developers should be working on liquidity rather than the product.

The " we are working on platform" card is long due, dude. That was nice first 2-3 years. Not after 5 years. "IF" a big client comes along? You listen to yourself? Factom was allegedly working with these so called BIG corporations for years. Where are they now then? They used factom as a testnet and now they are all looking to build their own chains using JPM's quorum. That is whats up now.
I guess you are ok with this and that is fine.

I am selling my Factom bag if and when it gets to a "decent" price - even though I "only" paid $2 for Factom it has been my worst "investment out of all my portfolio - I don't want to hear about "real world use case" as it's all talk and no walk - Factom is a solution looking for a problem.. It jumped on the "Blockchain" bandwagon and has made as much progress for it's investors as a snail climbing Mount Everest... Factom talks the talk but cannot walk the walk..period

Factom getting ready to leave Coin market caps Top 100 - the final nail in its coffin... R.I.P.