I Just visit the Entry credit store and found out that the Entry credits got cheaper ( a lot cheaper )
Wasnt the price 1000 entry coins for 20$ ? Now for $20 you can buy a total of 4000 entry coins.
No wonder the price is tanking like crazy.
Now you need at least more then 3,5k entrys each block to keep the dollar mark to level out with the inflation, this actually is
insane that they didnt even told anyone or keep a bloq post they just changed it. Is this a way to stock pile a lot Fct for themself.
At Tierion they still ask $25 for 1500 records a month.
Can we have feedback on this Factom Team, and what are the Future ideas about this can you just keep lower it and actually burn our coin price?
Do you actually care about investors that supported your project ?
I used to like this project a lot, but there to lazy to make any comment on the forum that can take up to 10 minutes, Bloq post are almost not made.
We heard the community and took action.
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What i dont understand is if the retail price is much more expansive then the Factoid price atm,
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So if your all selling the Entry coins now and burning your factoids for that, doesnt that mean that your taking a profit on top of your
factoids and for every entry coins you sell you can buy more coins?
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Indeed the margins were at a high level. Factom, Inc margins are now lower. Wholesale prices ($/EC at the protocol level) have stayed the same since the community responded 2 months ago.
Thanks for the feedback, and thats fair enough, cause you were able to lower the price by 4 times, i guess that will be good for adoption.
and makes it more interresting to join for company's , specialy with competition joining the market.
Is there any progress with milestone 2 ? On tiana twitter she said its beeing tested right now, but the only think going around here is right around the corner. We understand that software might take longer then expected but end of q1 till now is long without any update about M2. This lower the trust and price, cause investors wanna know whats going on.
We understand we cant have a exact date but can you not give a indication are we talking about a week, a month or months?
