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Author Topic: IOTA  (Read 1473404 times)
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John_Paul
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March 20, 2017, 12:11:52 PM
 #7841

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).
you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions. 
Not true my friend.
Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

It is true if you want to do an apple to apple comparison with IOTA's market cap.
John_Paul
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March 20, 2017, 12:28:58 PM
 #7842

It is true everywhere.
For instance, if I create a coin with a distribution of 1'000'000. Then I release 1 unit to the market and buy it with $100. Do I have a $100'000'000 marketcap?

That is why you don't apple to apple compare those two levels.
yassin54
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March 20, 2017, 12:56:32 PM
 #7843


actually @admin is CfB in YDX slack.

Are you sure?  Cheesy Cool
ImI
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March 20, 2017, 01:06:02 PM
 #7844


actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink
quasimodo
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March 20, 2017, 01:16:37 PM
 #7845


actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?
ImI
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March 20, 2017, 01:18:29 PM
 #7846


actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?

About 20BTC/Ti
famya
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March 20, 2017, 01:33:21 PM
 #7847


actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?

About 20BTC/Ti

I have 3 Gi,
How many bitcoin if want to sell???
luey
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March 20, 2017, 01:42:03 PM
Last edit: March 24, 2017, 08:18:29 AM by luey
 #7848


actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

true, im selling a small portion i have, but i put the btc back into bids after i sold.
im learning to market make. profits will go back into iota ecosystem..

teletobi
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March 20, 2017, 02:08:26 PM
 #7849


actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?

About 20BTC/Ti

I have 3 Gi,
How many bitcoin if want to sell???

If        1 Ti  = 20 BTC
=> 100 Gi = 2 BTC
=>    1 Gi = 0.02 BTC
=>    3 Gi = 0.06 BTC

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
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zanzibar
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March 20, 2017, 03:02:12 PM
 #7850

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions. 

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

It's different. BTC is mined and "created" whereas all BB is already created but 90% held by lead dev.
Spratan
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March 20, 2017, 03:45:57 PM
 #7851

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

Totally different. Future bitcoins don't exist and are to be mined during the next decades.
Byteball are already created and distribution is the "prince's will". They all will be distributed in 18 months.
The money supply already exists.
mladen00
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March 20, 2017, 03:46:42 PM
 #7852

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).


you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

when someone ask you how many BTC are?? you say 21 million or  16225300??

IOTA
myhoho
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March 20, 2017, 04:08:23 PM
 #7853

 Large amount of IOTA might be considered as frozen until we reach certain marketcap, so IOTA circulating supply is less than dozen Ti maybe. It's highly manipulative market anyway. IOTA initial distribution is not optimal at all (in that sense I prefer Byteball or Clam).

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Voidcrafter
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March 20, 2017, 04:13:28 PM
 #7854

Large amount of IOTA might be considered as frozen until we reach certain marketcap, so IOTA circulating supply is less than dozen Ti maybe. It's highly manipulative market anyway. IOTA initial distribution is not optimal at all (in that sense I prefer Byteball or Clam).

Iotas distribution is actually better ...

https://medium.com/@IngoFiedler_96862/the-distribution-of-iota-tokens-dc70ea49b148#.s6gtiekep

Note that this is using data from 4th februaray , lots of trading since then




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John_Paul
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March 20, 2017, 04:23:53 PM
 #7855

Quote from: Spratan link=topic=1216479.msg18265393#ms
Totally different. Future bitcoins don't exist and are to be mined during the next decades.
Byteball are already created and distribution is the "prince's will". They all will be distributed in 18 months.
The money supply already exists.

Actually the prince can still change his mind and distribute the coins he holds in 18 days instead of 18 months while PoW is creating coins based on a mechanism.
Spratan
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March 20, 2017, 05:21:25 PM
 #7856

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

Totally different. Future bitcoins don't exist and are to be mined during the next decades.
Byteball are already created and distribution is the "prince's will". They all will be distributed in 18 months.
The money supply already exists.

Please read my reply to zanzibar.

Anyone can choose the best math for his own interest or point of view, but the wiser or experimented trader will easily acknowledge that future BTC are not even created and far from being created (decades), there is no uncertainty and at this stage it won't trigger a massive dump and distribution.
Conversely, the wiser will anticipate that 87 % of Byteball are going to be distributed in a matter of months, and that the whole current marketcap is highly linked to the coins left to be issued, not the coins already issued ! When 75% are issued, in about a year, the marketcap, based on issued coins, will be more relevant.

But hey, it is Iota thread !
dadingsda
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March 20, 2017, 07:11:31 PM
 #7857

I tried to claim my IOTA´s. It shows the correct amount but even after more than 12hrs it´s still loading. I have to say it´s a slow pc but other people said it takes something about 30 min or so. Any thoughts?

INVALID BBCODE: close of unopened tag in table (1)
John_Paul
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March 20, 2017, 07:36:41 PM
 #7858

I tried to claim my IOTA´s. It shows the correct amount but even after more than 12hrs it´s still loading. I have to say it´s a slow pc but other people said it takes something about 30 min or so. Any thoughts?

go to slack. you will get help there. tell them what exactly happened, for instance, what did you mean by still loading?
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March 20, 2017, 07:47:28 PM
 #7859

actually @admin is CfB in YDX slack.
and he is free to trade if he wishes so in a free market.

i used to trade in with supernet's assets and the lead dev there always has sell and buy walls.
in fact if you have traded nxt assets before, there is a lot of buy and sells from owners.

I was lured into this thread with a promise that I'll find a drama here (the guy knows I like dramas). Unfortunatelly, it's too late, everything seems to cool down already. Anyway, I did some trades and now I hold 70 Gi more than week ago. Expect more trades, I hope the spread will be wide, I hate scalping...
vlechogo
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March 20, 2017, 07:54:17 PM
 #7860



I was lured into this thread with a promise that I'll find a drama here (the guy knows I like dramas). Unfortunatelly, it's too late, everything seems to cool down already. Anyway, I did some trades and now I hold 70 Gi more than week ago. Expect more trades, I hope the spread will be wide, I hate scalping...


Can I have like five Gi ?
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