[IOT] IOTA Speculation

[MnemonicInsomnia]

Right, they paid me back just fine.

I guess pulling an exit scam = respect.

I guess running a cheap exchange like Poloniex = respect.

[kimjong]

yeah i can confirm. i didnt have too much there and it took months, but i got  everything back.

but IOTA is currently @ 0.545 there, and its way much higher than where i would consider buying. maybe i can try to buy very little amount just for fun.

Dont buy now. It will go down  Wait till they can deposit their IOTA.

[javalemcgee]

When it passed 1 billion dollar market cap harshly, I was very surprised. Some people still telling to invest in that but it was already pumped a lot.

[___crypto___]

yeah i can confirm. i didnt have too much there and it took months, but i got  everything back.

but IOTA is currently @ 0.545 there, and its way much higher than where i would consider buying. maybe i can try to buy very little amount just for fun.

Dont buy now. It will go down  Wait till they can deposit their IOTA.

You are right, IOTA is getting dumped right now 

[Bigzilla]

yeah i can confirm. i didnt have too much there and it took months, but i got  everything back.

but IOTA is currently @ 0.545 there, and its way much higher than where i would consider buying. maybe i can try to buy very little amount just for fun.

Dont buy now. It will go down  Wait till they can deposit their IOTA.

You are right, IOTA is getting dumped right now 

Deposit is enabled?

[Febo]

When it passed 1 billion dollar market cap harshly, I was very surprised. Some people still telling to invest in that but it was already pumped a lot.

Yesterday price was 500 times higher then in ICO. Today a bit less. In general, when trading in BTC it cant get lower then 1 satoshi

[___crypto___]

When it passed 1 billion dollar market cap harshly, I was very surprised. Some people still telling to invest in that but it was already pumped a lot.

Yesterday price was 500 times higher then in ICO. Today a bit less. In general, when trading in BTC it cant get lower then 1 satoshi

Thank you. Now I can sleep 

[kimjong]

Market cap below 1 billion.
-> Very soon below 900 million.

It is crashing right now.

DONT BUY

[kimjong]

yeah i can confirm. i didnt have too much there and it took months, but i got  everything back.

but IOTA is currently @ 0.545 there, and its way much higher than where i would consider buying. maybe i can try to buy very little amount just for fun.

Dont buy now. It will go down   Wait till they can deposit their IOTA.

You are right, IOTA is getting dumped right now  

Deposit is enabled?

Just checked it. Deposit not available yet.

Notice: Deposits for this currency are currently unavailable.

For details and information please see recent announcements.

Please contact support@bitfinex.com or open a help desk ticket if you have any questions or concerns.

Speculation:
Iota will crash to probably 200 - 300 Mio Market cap.

[loreRex]

Luckily I see this coming and I didn't invested, who knows where the bottom is.

[Gyro]

Luckily I see this coming and I didn't invested, who knows where the bottom is.

Who cares, there are plenty of good coins to make gains on. This one IOTA can drop down to 1 sat for all I care. When it hits bottom and stays there for a while I may buy some then.

[FractalUniverse]

$0.36 still too high for me to buy.. its not dropped enough yet

[element72]

Ya, it doesn't matter where the bottom is. As long as you get in before it spikes by investors who discover it. IOTA is literally still an infant. But it definitely has a lot of potential. What they're doing is very ambitious. There are only a couple security risks that have been noted by an instructor at UC Berkley. You can find it on reddit, but one of those risks is theoretically possible on bitcoin as well.

Just by looking at Bitfinex selective portfolio on well known coins -- minus IOTA -- is also another reason why I'm interested in it. Although Bitfiniex did have a negative public press on a recent event -- they did refund everyone which was about $70 ish million. Could it have been publicity stunt to bring in trust? Maybe.

The people who are teaching about IOTA in a classroom setting -- appear to be in an on-going active discussion with the dev team on slack. That implies that inherent security issues will undoubtedly be addressed to the dev team. I just got into IOTA yesterday and am still learning as much as I can. I believe I read somewhere that the white paper 2.0 is due for release very soon -- as well as a few announcement in the upcoming months.

I also jumped in early on IOTA because I have no idea when the other exchanges will recognize and adopt the coin -- or when a few big VC's decide to jump in randomly soon. But when it happens -- I don't want to be that guy who didn't buy, lol. I'll be buying more when as it keeps dropping

[JeffBrad12]

And finally, it's coming. Can i say that if this just a complete ponzi?    Can you withdrawal your bitcoin from bitfinex? i think if the hype for IOTA caused by the bitfinex itself.  IOTA will always be going down in the future.

[loreRex]

Ya, it doesn't matter where the bottom is. As long as you get in before it spikes by investors who discover it. IOTA is literally still an infant. But it definitely has a lot of potential. What they're doing is very ambitious. There are only a couple security risks that have been noted by an instructor at UC Berkley. You can find it on reddit, but one of those risks is theoretically possible on bitcoin as well.

Just by looking at Bitfinex selective portfolio on well known coins -- minus IOTA -- is also another reason why I'm interested in it. Although Bitfiniex did have a negative public press on a recent event -- they did refund everyone which was about $70 ish million. Could it have been publicity stunt to bring in trust? Maybe.

The people who are teaching about IOTA in a classroom setting -- appear to be in an on-going active discussion with the dev team on slack. That implies that inherent security issues will undoubtedly be addressed to the dev team. I just got into IOTA yesterday and am still learning as much as I can. I believe I read somewhere that the white paper 2.0 is due for release very soon -- as well as a few announcement in the upcoming months.

I also jumped in early on IOTA because I have no idea when the other exchanges will recognize and adopt the coin -- or when a few big VC's decide to jump in randomly soon. But when it happens -- I don't want to be that guy who didn't buy, lol. I'll be buying more when as it keeps dropping

I will wait this white paper 2.0, because the 1.0 was really sketchy and vague on many key points.

[ColorlessK]

So when do you guys believe it will be a good time to invest in IOTA? Should I wait until it's below 200M$ Marketcap?

[FractalUniverse]

ColorlessK : I will consider it if it gets deeper below $0.1

[hdclover]

so cheap ... worth buying now ?

[kimjong]

so cheap ... worth buying now ?

If you want to lose money in the short term - YES!

I saw a post on reddit or twitter from some unknown guy, who asked when will IOTA skyrocket?
The obvious answer is, that it already skyrocketed to the moon, which you can see here: http://iotaprice.com/

People who are buying now, will pay the moon prices, which IOTA does not deserve yet.

Just look at https://coinmarketcap.com/ - YOU can see that the biggest loser is IOTA.
IOTA will go down further until it corrects its price.

[clardalan]

are all IOTA holders able to sell now on Bitfinex?
The price is still too high, and the volume per day is still nothing compared to market capitalization.

what is wrong here?