Bitcoin Forum

Seems like its having a couple of rough days. What do u guys think? Time to sell or time to buy?

https://www.cryptocoinsnews.com/iota-price-drops-co-founder-admits-microsoft-not-partner-participant/

Apperantly microsoft is not partner but participant .... like I wrote in another thread IOTA I think IOTA admins could have informed about this at some earlier point...

LOL

We will see a lot of red in the next days for IOTA.

Price is crazy in my opinion.

In my opinion it will be good time to buy IOTA. Wait when price start growing and buy as many as possible. It will be easy profit but we must watching for price all time

A lot of people are misunderstanding about that, the microsoft try to make a clarification and it seems the microsoft partner just another fake news. Microsoft only become a partner of the EEA and iota will never become a microsoft partner. That means IOTA doesn't get a lot of interest.

I know your not joking but please be joking lol. I think nothing of it because what did you expect IOTA to go up until it reached the marketcap of Bitcoin? It obviously was going to come down after that sick run up and it is getting back to normal price level is all. Buying or selling that is up to you I am not gonna decide that for you but you had to know it was going to retrace a little bit, I mean cmon.

I think IOTA  it is necessary to keep at it the big potential for the next year to increase the price at least twice.

buy when there is FUD on the streets.

Please fact check.

A. Microsoft employee gave the Iota team the media that said "Partner." It would be weird for them to edit media not created by them.

B. Fujitsu and Bosch are much more involved and are comparable in size to MS, so why everyone is locked in on only the MS news is beyond me. You can go and check that yourself  or look here

https://www.reddit.com/r/Iota/comments/7iyffv/old_stuff_bosch_fujitsu_confirmed_for_those_who/


https://twitter.com/RolfWerner/status/935510223175012353 Rofl Werner is the head of Fujitsu Central Europe

C. Here's a response from David on the original article https://twitter.com/DavidSonstebo/status/940631227979194368

D. This was just posted on reddit, and if true, shows that this was a frightned attack by the big guns--sad if they are acting like the banks they want to replace https://www.reddit.com/r/Iota/comments/7jkg0n/journalist_writing_article_on_fud_campaign/

Research before you run your mouth and spread wild accusations and rumors--BS just gets in everyone's way.

People jumping ship for XRB

Im just triying to open a debate where people can express their opinions not asking for any kind of advice

People are really stupid. ...FUD was spread, people believed it and sold.

Absolutely ridiculous... BTW, today is the meeting with Microsoft in France:

https://www.reddit.com/r/Iota/comments/7jqpe4/iota_meetup_today_in_paris_microsoft_france/


It is a very good chance to buy IOTA that low because all the claims turned out to be complete bullshit.

I was confused what happened now, a lot of bad news about iota. Better wait a few more days to find out what happened to iota. You can see some thread here, all say about iota.
https://bitcointalk.org/index.php?topic=2575848.0
https://bitcointalk.org/index.php?topic=2584157.0

The technology behind IOTA seems incredible but have they any current use cases?

Internet of things is a growing ecosystem but currently it is more of a concept than an actual reality.

IOTA will depend on hardware manufacturers to release products that can use the network before a huge increase in the price comes.

I am not an avid follower though so have there been any real life use cases and if so how did they do?

Does anyone have update on this microsoft meeting? Is it at 7pm GMT?

Also what is the meeting about, and what do they hope to accomplish. Is it around testing of the network with microsoft devices or are they looking for funding for development. I preparing for price movement very soon.

I think anyone that will buy IOTA in the next time will make some great profit in long term. If you are just here for the quick bucks, you will regret next year. But lets see what will happen in the next time :)

Looks like is a good time to buyt IOTA right now, after some correction

simply buy whenever there's dip like this, and hodl. I think you will not be disappointed later or maybe next year  ;)

This is not the first time in this space that project will use fake news of Microsoft partnership to pump its price, I think this is intentionlly done to drive the price up, looking to buy cheap tokens in coming weeks

Was it the project team themselves or the community that spread the fake new?

If it is the project team then that is ridiculous that they would risk bad pres on what is such a valuable project.

I presume it was the community though, its so hard to trust people in hype groups like this. I think there should be greater use of the trust/ don't trust button so we can start to judge the integrity of information people post!

True. Only news is played on the price of coins, I will necessarily buy myself a coin. Time to buy!

The question is how long do you want to hold? If you want to go short term, it might be wise to sell now, but if you want to go long term, this might be just the start of its rally. But who knows.
Personally I sold all my IOTA (bought at $.3) when it climbed to $4.3 for the first time. I want to buy in again, but still waiting for a big enough correction to happen.

Well, IOTA got a little problem when their CEO announced that Microsoft is not their partner rather participant just like everyone else that is why the price of IOTA started dropping but don't worry it will recover soon.

Which IOTA never claimed. This is a really good read addressing this particular topic: https://www.psychologytoday.com/blog/mind-in-the-machine/201712/how-fear-is-being-used-manipulate-cryptocurrency-markets

There are announcements what weren't rightful? also there are people cashing out but iota is till cool thing boys and gurls so good night and be careful on the dangerous markets going on right now

Iota holders keeps selling their coins. i hope they profited from it but, The project is really amazing! IOta has a lot of room to grow. besides blockchain is no.1 asset of people in the industry, but in the long term you will see INternet of things is more likely happen in the future and IOTA is gonna kill the blockhain protocol

WHY are the holders selling?  ??? ...just because of all the fake news? >:(

YES, they are all selling because of made-up FUD campaign against IOTA.

here a nice article about it: https://www.psychologytoday.com/blog/mind-in-the-machine/201712/how-fear-is-being-used-manipulate-cryptocurrency-markets

You can never guess the trend of such a volatile coin. You just make mistakes if you do so. It can even be $10 in one day, or $1 in one day. Both are very possible for iota. The price is not stable.

it will hit ~2.x and bounce back

Iota is been pumping for a week now. Maybe it's time to take correction of the price. I loss huge at the price drop but still have faith on this coin. Just relax mate. Every cryptocurrency are undergoing to a correction. You should look at that as a right opportunity to buy more because it's because it's more cheaper than before. Iota devs are extremely active. Just have patience mate. Wait until they make a huge announcement. I think things will get even more better for Iota next year.  Besides, Bitcoin is sucking huge volume at the altcoin market. So relax, it will recover soon.

No, only weak hands sell for that reason. Hodlers know the fundamentals of IOTA, they stay unimpressed by FUD. Holders sell because they want to buy in cheaper! At least this is my strategy as an IOTA holder. I sold all the stack and now looking for an good reentry.