Ok can someone tell me that what is the real benefit of buying and holding Factoids?
I mean I knew that Factom company is good and all but will FCT holder get benefit of Factom growth?
For companies to use Factom they have to buy entry credits. Using entry credits burns factoids, reducing the supply, so once entry credit usage picks up the price should go up due to decreasing supply. Note that after milestone 3 new factoids will start to be added to the supply, but the overall supply will still go down if the usage is high enough (what long term factoid investors are predicting).
Just a little correction - but it's not much of a difference in practise: Not using Entry Credits burns Factoids. It's a conversion from Factoids to Entry Credits once somebody needs/buys EC's - and the converted Factoids are out of the system - burned.
As example: Somebody gives me $10 because he wants EC's, I send Factoids for $10 to his EC-address. The Factoids are already burned and he can use the EC's whenever he wants.
Regarding the supply: I believe that there always will be some inflation, because the market will always try to anticipate the future. Let's say there should be news that a big company will start to use Factom, or even just rumours, the market won't wait but already will drive the price up and maybe even anticipate more.
What I really like in Factom: The market can bet on the future and hype the price up or crash it down - customers don't need to care, since the price for EC's won't change.