How is Factom?

[shamzblueworld]

Is factom a good altcoin? How is it as an investment and as a future cryptocurrency? Do you it has the potential to be one of the top 5 altcoins in the world?

[jawatulen]

Is factom a good altcoin? How is it as an investment and as a future cryptocurrency? Do you it has the potential to be one of the top 5 altcoins in the world?

factom is good coin but for become 5 top altcoin in the world i think thats impossible
regards 

[oaks05]

factom has the potential to be top 5 one day today or tomorrow unlikely.

[BitcoinNational]

No.
No.
No.

Factum is a federated network, aka, Ripple?  Only 13 miners will control the net.

It has a business model that is nullified by existing free alternatives.

And it so far has not shipped a sell-able product, despite having solid finance.

If it wants to survive it is better off moving to become an asset on a more assured platform.

The chance of it being a Top 10 altcoin-net-work in 2020 = 0%

[ubercool]

I dont think it will be a possible situation in the future. I was searching for a good altcoin to invest for long term and the fluctuations in Factom made me think about it as an option but I felt the support team and developers are not serious about it.
So no.. It may be a good altcoin but it will not survive.

[ohsupgurl]

I dont think it will be a possible situation in the future. I was searching for a good altcoin to invest for long term and the fluctuations in Factom made me think about it as an option but I felt the support team and developers are not serious about it.
So no.. It may be a good altcoin but it will not survive.

I'm pretty positive you have no idea what you're talking about.

[oaks05]

Ive researched them myself as well and the lead guy said he dont give two shits about market price he wants to concentrate on his buisness so ya if your looking to make a quick buck move on even though price is up a good amount today, this is def a long term investment in my opinion.

[shamzblueworld]

Ive researched them myself as well and the lead guy said he dont give two shits about market price he wants to concentrate on his buisness so ya if your looking to make a quick buck move on even though price is up a good amount today, this is def a long term investment in my opinion.

long term investment, but how long? When do you think will be its prosperous time? Any chance for that in 2017 or is it longer than that, I know there is no definite answer for this but still, what do you think?

[iamTom123]

As I am reading all replies here regarding Factom, i realized that people have different and varying opinion and ideas about Factom and there is no one I consider authoritative on this digital currency. I actually like the name Factom but more than the name we have to look at the people behind the coin and the plans they are lining for it. So is there anyone here who can give us facts on Factom and can tell us the direction the coin is tracking so far?

[tokyoliving]

Yes if anyone has more info on Factom that would be great. Although I will of course be doing my own research along the way.

Thanks