Looks like a good time to buy in. Opinions?
https://coinmarketcap.com/currencies/decred/
https://coinmarketcap.com/currencies/factom/
>>2671973
what do they do
>>2672040
make money
Decred is a good coin. Idk about factom
both good coins but I would wait a day or two to buy anything...
>>2671704
It depends. Let me answer for DCR only.
As you know there are two types of coins out there: Those that improve on BTC's lack of a single governing body, its decentralized pseudonymity, and those that improve upon ETH's dictatorship, where power is centralized to a few people deciding everything (which smart contracts ultimately tie into).
So which one do you think has more potential? If you support BTC's model, then I would invest a lot in DCR. Why? Because it DCR has a built in voting mechanism on the block chain so hard fork voting is possible meaning it can evolve with community consensus. It is like a democratic version of BTC, I feel, and solves a crucial issue where it could never stagnate. It will grow to be the best in that field. So in the BTC model category, I feel investing in DCR and LTC to be the best options currently.
However, if you feel ETH's model has the most potential, perhaps due to the nature of oligarchs always seeking to regulate or gain control, then look away from DCR.
So yes, there is a kind of battle occurring between these coins.
>>2672210
Another way to rephrase this is this: Do you think the economy will head to Decentralized Autonomous Organizations (DAO) or remain relatively the same with its corporations? If you believe DAOs will become commonplace, then invest in DCR. If the latter, invest in ETH-based coins.
>>2672210
I am invested mostly in ETH, but I dislike a lot of things about it. I just started reading about DCR and it really does sound like a solid concept.
As for Factom:
>The initiative will retain record authenticity and tamper resistance to data processing of the Japanese social security system
https://www.cryptoninjas.net/2017/06/13/factom-now-working-japan-social-security/
https://www.reddit.com/r/factom/comments/6gvvzm/new_use_case_for_factom_in_japan/
That could be huge.