Why do I have a feeling something or someone s intentionally keeping Factoid price low and under controls? For example, look at Monero, 1 media event and the price propels 10x up. With Factom, it s a constant stream of great events, a great team behind the entire project, an actual company, large VCs, state support, huge market potential, constant presence on most important crypto conferences, important milestone just to be reached and decreasing number of tokens. Yet, as soon as the price goes up a bit, there s a series of dumping to keep in controlled.
I ve seen some other evidence which support this claim which I do not want to reveal yet until I have a solid proof. However, most of you will agree, Factom should be doing much, much better price wise.
That's an interest perspective. Since I've taken a position, mostly based on the fundamentals you mentioned, I've been paying attention to the price action and would agree it seems unique compared to some other cryptos. If you have read Reminiscences of a Stock Operator which follows the life story of Jesse Livermore, you learn of the turn-of-the-century bucket shops and pure manipulation taking place in the market 100 years ago. Crypto is now what the stock market was then. A guy like Livermore would completely dominate crypto, a true whale. Someone with resources could plan quite an operation over time with FCT.
When I first got into crypto I bought DOGE on Cryptsy. I saw firsthand, and profited along the way, how Wolong played that entire market. Then he was gone. It was a masterpiece. I'm not comparing that to here, but just recognizing that a person with resources could take the market either way at his pleasure and slaughter us sheep. The lucky won't know until it's over, the rest of us will die in the slaughter.