No news on FCT for ages now. It's getting hard to carry these bags ofor factom. I don't see it growing
So sell, who s stopping you. All you having doubts about Factom, just sell and move on.
Don't ask for support here on the forum. If you don't believe in it, you don't believe in it.
One word if advice, as long as this BTC fork does not get settled, I m not sure how smart it is to stay in BTC.
Unless you noticed this forum is for open discussion of different aspects of cryptocurrencies both negative and positive.
I have no doubt that factom could be a successfull project what I doubt is that this success will be reflected in price increase of factoids.
I doesnt matter to me that you "belive" if you have no logical explainations for your belives.
The value of Factoids has to rise by exponential usage. Otherwise all Factoids will be burned.
The inflation will be 73,000 per month when M3 launches, so you can calculate which value a Factoid should have at what usage per month to neither have inflation nor deflation. This works this way, because the higher the value of one Factoid is, the more entry credits you get from one Factoid. If the value is $ 1.00, you will get 1000 ($ 1.00 / $ 0.001) entry credits. If the value is $ 5.00, you will get 5000 ($ 5.00 / $ 0.001) entry credits.
Examples:
50 million entry credits x $ 0.001= $ 50,000
50,000 / 73,000 = $ 0.68
1 billion entry credits x $ 0.001 = $ 1,000,000
1,000,000 / 73,000 = $ 13.70
And so on...
If the price is too low, too many Factoids will be burned. And that's when M3 starts. Right now, there is no inflation. Only Factoids being burned slowly.
