Price too high. Also lot of ICO investors ready to dump when launched at exchanges. current OTC price is 30 times ICO price. Not a bargain at all.
It's 30 times ICO price because the ICO was held at a time when altcoins were at the end of bear market. Not many investors believed in IOTA ICO. Then Ethereum pump came and brought altcoins back to live. IOTA price was pretty much stable since then. There was also more then a year of trading OTC trade volume is tiny. hardly 10% of the ICO investors have sold. Once on smaller exchanges the price will surely dip from current price. and then it will pump when it gets listed on polo. Better safe to wait than buying the top. it will instantly get listed on all exchanges including polo Also there are 3 buying and selling threads ob btctalk and the bot was initially not around and rebooted a couple of times so it does not reflect real otc volume over the last year
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Price too high. Also lot of ICO investors ready to dump when launched at exchanges. current OTC price is 30 times ICO price. Not a bargain at all.
It's 30 times ICO price because the ICO was held at a time when altcoins were at the end of bear market. Not many investors believed in IOTA ICO. Then Ethereum pump came and brought altcoins back to live. IOTA price was pretty much stable since then. There was also more then a year of trading foundation members , partnerships , technology solving scalability problems , no power wasted mining , no transaction fees , several real world use cases and pocs --- same mcap as doge after eth went to 2,7 billion
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what is the implied market cap of IOTA right now based on slack trade prices?
About 40 million It is very high now, I will hunt for some cheap IOTA tokens when it hits on exchanges, the price now which is not I want to buy. Might go much higher , was already higher before
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what is the implied market cap of IOTA right now based on slack trade prices?
About 40 million
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Could you elaborate?
I already did, you're getting tiresome. ramble ramble Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you. I was promised big companies adopting iota and real world use cases , so far I am pretty happy
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I should have looked closer. It looks like you've said. I somehow thought you could have all kinds of tokens on the iota network tho. colored coins will be possible with iota, as well. and in the meanwhile we can just use eth smart contracts.
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Good that iota is quantum secure ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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There have been dozens , like a lot of scammers , doing this the community insisted on doing this because all the newcomers lost their btc to scammers
Before we started doing this someone was scammed every 2nd day
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Just make a new account and sell them , there have been tons of btc and iota stolen by scammers by using developers names and pictures , if someone comes online with a developer picture they get banned as requested by the comunity so newcomers dont get screwed.
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You created an account with the picture of a dev , if one looks at the banned people there are like 10 different versions of developers account with their picture , banned , because scammers created them to rip off people in the trading channel. Sorry but if you do that its normal to be banned.
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The marketcap will be a lot less if all you guys do is sit around discussing the price. For the love of every subatomic particle in the universe; DO SOMETHING PRODUCTIVE
What you can do if you can not code is join #marketing on slack and help advertising the coin , especially to iot companies and developers via reddit twitter etc.
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IOTA is not hitting exchanges yet because the software isn't tested properly and the network not big and stable enough to throw it into the lioncage where a lot of potato-lions are waiting to make the same mistakes over and over again. We need more testers and people for the nodes. Go into slack and offer your help!
Perfect! Assuming this means at least another 45 days until we see any exchanges? No, this is separate. Okay thanks, should we be running testnet or actual mainnet GUI client to search for bugs? The main net. As mentioned in the blog: "Initially the scope of the bounty program will be limited to 3 of the most important repositories so far: IRI: The core IOTA Reference Implementation (dev branch) that you can find here: https://github.com/iotaledger/iri/tree/devJS Library: The Javascript library that does some of the heavy-lifting for core (including important functionality such as preparing and signing of inputs, etc.): https://github.com/iotaledger/iota.lib.jsGUI Wallet: The GUI Wallet, which is mainly oriented towards beginner users and as such, should function without any problems: https://github.com/iotaledger/wallet" More bug searching will greatly help on the exchange launch. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Running a node would cost money, if there is no insensitive, why does a person run a node, except IOTA holders. In my IP list, some of them are already dead now. I cost 300+ USD per month to run a node, if I am not a IOTA holder, I will not do this thing.
I agree with you that if you are not a IOTA early adopter, and neither someone interested in the tech, there is no incentive for you to run a node, and to know it better. (My grandmother, for instance, is also not interested, and it would make no sense for her to bother with IOTA) ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) But for those others who are early adopters, or who want to know this new technology, and who see its importance, running a node is not at all expensive. I have my nodes (even the testnet node, and the node I use as my personal web wallet) at this service, for example: https://lowendbox.com/blog/ssdnodes-openvz-ssd-vps-starting-at-30year-dallas-tx-montreal-caThey have been running smoothly for months. I only need to keep them updated ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) The problem with the incetive for running a node will be solved by jhin , the startup which later started developing iota. Iota is "only" the software , you might want to read up on the early development to get the full picture of what is trying to be archieved here.
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dom on slack :
"if anyone here knows anyone working or interested in connected vehicles, let me know
[8:41] we have an exciting project to work on"
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Admiral bit once posted in the german iota subforum that he is fudding the coin without any behind the scenes knowledge whatsoever to buy cheaper , I am not assuming anything here he literally said that. I should have made a screenshot but didnt , I will try to find the link in his posting history , there should also be some other people who have read that. Edit: Here is the post everybody better make a screenshot so there is proof of this in case he deletes it ! https://bitcointalk.org/index.php?topic=1336682.msg15586007#msg15586007
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Wenn ich nichts illegales an dem pc machen soll warum dann nicht meinen eigenen benutzen ?
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Big deal is fully funded btw
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So if i have 10 btc , what stops me from claiming once , sending the coins to a new adress claiming again and then havin claimed with hundreds of btc even though i just own 10 ?
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