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Author Topic: Official [IOTA] Trading Information Topic / IOTA TRADING CANCELED  (Read 1389 times)
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Admiral_Bit (OP)
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July 14, 2016, 01:03:43 PM
Last edit: July 15, 2016, 09:22:48 AM by Admiral_Bit
 #1


Beware of price gouging!!!

I´d like to remind all potential buyers of the fact, that all IOTA OTC offers on BTCtalk are way beyond any reasonable market price . Before you buy from OTC sellers keep in mind that the current offers reflect a projected initial market cap of 15 - 30 million $. Price markups reach from 2000% - 4000% on the initial ICO price. --> The price your seller actually payed for his coins.

There is not one single crypto or oldschool derivate which would have justified an ICO or IPS surcharge of over 2000 %. Remember; Bitcoin uplift took several years; Etherium exchange price was way below current IOTA ICO price multiplicators

It just does not happen on this planet... If you buy 100Gigiota for 1,5 BTC now you will get ripped off and it will take months of market time to recover from your financial quick shot.

As for a serious suggestion: Wait to buy IOTA until they are traded on the exchanges. All market rules indicate an exchange price which does not exceed 100GIOTA / 0,5 BTC.

Right now OTC sellers can be devided into 1 of the following strategies:

1. Seller believes that exchange price will be way lower than rigged OTC offers on Bitcointalk. If this would not be the case, seller would wait until the sale on exchange markets
2. Seller believes that the outlook on IOTAS potential is overall limited and expects an early crash. Selling via OTC has biggest potential of ROI

Consider; what other reason would a seller have to offer IOTAS at the current price? If prices on exchanges happen to magically multiply by 3 - 10 times of current OTC price (this would constitute an initial exchange markup of 6000 % to 40000% compared to ICO), why would anyone sell now? Charity?  

You see; none of the offers here will lead you to quick ROI. Every investment into a new cryto coin comes along with a certain degree of risk. Buying OTC prices will multiply your risk. Believe me; risk assessments are part of my daily business....

Conclusion: All IOTA OTC offers on BTCtalk are intransparent, rigged and overpriced.

Think now; thank me later. If you think my post is FUD just recalculate your risk for yourself...
Admiral_Bit (OP)
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July 14, 2016, 01:07:31 PM
Last edit: July 14, 2016, 02:11:53 PM by Admiral_Bit
 #2

BEWARE, do not buy overprieced IOTA

The following members currently sell overprieced IOTA (2000 - 10000% above ICO price):

UPDATE
banqueiro
yassin54
st4nl3y
aStegosaurus
mladen00
rdanneskjoldr
iotawillbebig
wizzardTim
LitcoinCollector
TwinWinNerD
Ludom
Come-from-Beyond
markus1986
IDIOTUSA  


These sellers will try to scam you out of your BTC.

IOTA market price on exchanges will not be above 0,5 BTC / 100Giota

This price was said to be "probable" by the main IOTA dev.
Admiral_Bit (OP)
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July 14, 2016, 08:05:28 PM
 #3

To give you guys a short headsup; due to massive spamming this topic will remain closed. We will post all relevant infos once they emerge
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