It will go up and stay up when the whale wants it to go up, news or no news.
Lots of people might withdraw their money from margin lending if there is a decent and user friendly wallet. If there s no cheap margin lending money, dumpers will have hard time getting Factoids to play with. It might affect the price.
So it s not about the news, it s about quantity of unused Factoids being lent on Polo margin lending.
Yup. Thats right. I dont understand why these people lend Factoids for so cheap price. If they really want to earn money why not lend them at 2-5%, why lend at this shitty low interest rate of 0.004%. People even dont lend BTC at this rates.. Bcoz of these shorters price isnt growing. As soon as Price goes a little up, Shorters short the hell out of it..
Exodus ll change that. Cause only total idiot ll leave Factoid on Polo risking it to get hacked and lost. Especially if you earn next to nothing from it. I hope to see Exodus Factom option out of beta by the end of this month.