FCT - LONG term hold - Fundamentals

11 de jun. de 2017

I'm not posting any T/A for this one. FCT is, in my mind, one of the best opportunities in crypto. Excellent dev team, unique use of blockchain tech...and most importantly dirt cheap. As of this writing, it is worth 1/143 the market cap of ETH. I personally love ETH, but I have no long term holdings of ETH because they are in FCT. It's all about present value relative to other crypto, and FCT is a steal at these prices. Buy the dips and hodll.

This is a short presentation by Peter Kirby, CEO of Factom. At the ~7 min. mark, he says "we are in contract negotiations with 3 very very large financial institutions."

youtube.com/watch?v=RkwNlCfjkKA&t=545s

Need I say more?

If you want to know more, see the Factom reddit, or you can join the Factom slack at factomfoundation.slack.com. Lots of good conversation in their market chat. And a few whales.

13 de jun. de 2017

Nota

kaula.jp/category/news-en/

News released a couple hours ago. Key lines:

Kaula Inc. and Atrris Corporation have formed a joint development of a usage record management system utilizing Factom’s blockchain solution
The initiative will retain record authenticity and tamper resistance to data processing of the Japanese social security system


What are the implications of this? I haven't had the time to determine that yet...will follow up.

13 de jun. de 2017

Nota

This reddit post perfectly summarizes the news release from yesterday.

reddit.com/r/factom/comments/6gvvzm/new_use_case_for_factom_in_japan?sort=confidence

My thoughts? Wow. At a cap of $250 million... With deals like this being made, we're in for a ride.