supctrong
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December 05, 2017, 08:22:09 AM |
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I never understood why people always claim that a listing on an exchange is equal to a raise in price. I´ve seen it countless times that a listing on e.g. Binance leads to the price falling. Latest example was GVT which tanked after being listed on Binance. Disclaimer: Price is now over the initial listing price on Binance.
A listing on an exchange provides more people to trade the coin. Total volume should increase. But an exchange listing provides new people to buy but for every buy order there must also be a sell order. Price could go down just as likely as up.
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Vit83
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December 05, 2017, 08:47:08 AM |
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Three page sight cost 7 billions;) It is already on a lot of exchanges, and nobody cares) Bittrex always pumps but just low cap coins. Because they are cheap and this is very easy to do this. Why they haven't pumped XRP x5 yet or )? Or stopped pumping Eth? Because they are too high capped, it cost too much to do this. Shorting iota...
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generalizethis
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Facts are more efficient than fud
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December 05, 2017, 08:53:22 AM |
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naclio
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December 05, 2017, 11:13:41 AM |
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Is this news based?
The problem with IOTA is that it is not blockchain and that's why I do not think it's easy to list it in some exchanges
Regards
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leea-1334
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December 05, 2017, 11:54:58 AM |
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I never understood why people always claim that a listing on an exchange is equal to a raise in price. I´ve seen it countless times that a listing on e.g. Binance leads to the price falling. Latest example was GVT which tanked after being listed on Binance. Disclaimer: Price is now over the initial listing price on Binance.
A listing on an exchange provides more people to trade the coin. Total volume should increase. But an exchange listing provides new people to buy but for every buy order there must also be a sell order. Price could go down just as likely as up.
Haha, yes. By the way, if I am not mistaken, Bittrex listing costs minimum $55,000 for only a few months, so if you think about it, developers already pay a lot to keep things listed on these big exchanges. So, any price rice after listing if you think about it is also an attempt to recoup losses, with initial pumps getting more people to buy. Exchange listings just mean more liquidity, more trading volume, but it does nothing else for the coin except maybe reputation. But these days do you really need to be associated with all these centralized exchanges with bad reputations?
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vintages
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December 05, 2017, 12:22:36 PM |
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I seriously doubt if this news is true, some times not every information on reddit is accurate. And moreover, the last time I checked on Bittrex, I didn't see IOTA listed there and no such news on their newsfeed or so; so I guess its as stated, a speculation.
Moreover, with the recent unstable experience Bittrex is having, I dont think its the right time for IOTA or any altcoin to be listed there till they are stable.
Even if eventually, IOTA get listed in Bittrex it still does not guarantee that there will be a raise in the price of IOTA.
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kenzawak
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December 05, 2017, 12:25:14 PM |
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that's good news ,i just bought a few.
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Lumin333
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December 05, 2017, 05:33:13 PM |
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IOTA has such interesting tech and it is great to see how much progress they are making and the big partnerships they are getting. We truely are in the future now, there is big money to be made of data sales, it is no wonder big guys like microsoft want a piece of this. They love getting your data. Data is the money spinner and we can profit by getting in on the IOTA wagon and helping them t spread the tech of the future. I believe it will be $5 sooner than we expect, it is a good hedge against bitcoin when it is uncertain and opportunity to diversify. Obviously with the amount of them it will never reach bitcoin prices but it will get a lot higher than it is now for sure. I'm really enjoying following the story of IOTA!
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MrBigHang
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December 05, 2017, 05:41:10 PM |
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that's good news ,i just bought a few.
Where did you buy it? I can't find it on Bittrex.
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Crypto_lion
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NEW MEDICINE:Faster, Safer, Smarter
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December 05, 2017, 05:57:10 PM |
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Does all currencies get pumped when they get listed on a major exchange?
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cygan
Legendary
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Crypto Swap Exchange
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December 05, 2017, 06:56:45 PM |
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that's good news ,i just bought a few.
Where did you buy it? I can't find it on Bittrex. you can buy IOTA on the bitfinex and binance exchange. IOTA isnt listed at bittrex atm
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krahul08
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December 05, 2017, 07:43:18 PM |
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i already buyd...ready to trade in bittrex..
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tyz
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December 05, 2017, 11:24:32 PM |
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This is the most likely reason. A snapshot of the network will be conducted soon. Afterwards the network will be more stable and to avoid any odd circumstances Bittrex is waiting by then, I guess. That iota data has been on bittrex for 3 weeks, so who knows when they'll add it--my guess is they are waiting for the new wallet, but given the volume is closing in a billion dollars, they may be in a hurry to get it done sooner.
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SenSeiSoKo
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December 05, 2017, 11:59:00 PM |
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IOTA is one of the most interesting tokens of the last time, i have one and i will buy some more when its on Bittrex, but nobody knows where the markets will went so maybe it will be by 10 or maybe by 1111
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go4crypto
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December 06, 2017, 12:01:43 AM |
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IOTA has run up big already in the last few days and now at 4th largest marketcap on coinmarketcap. Don't know how much more rally is left before a correction.
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jerry0
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December 06, 2017, 01:03:26 AM |
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Does anyone here think the price can go down? Its at an all time high already. But if you dont buy, it might even hit 5 dollars or 10 dollars.
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cammeyz
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December 06, 2017, 01:13:03 AM |
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Be careful anyone investing in this now, will bea dump soon which happens after any big pump.
Hasn't the bit of code about Bittrex 2 months old? So how is that new and anything about Bittrex?
Also, how is it a partnership with microsoft? M$ said the words "internet of things" ....that could be anything or anyone.
As i said, IOTA looks like a good potential coin, but the latest shilling news hasn't really been overblow.....and the dump will be "oooh sheeeet".
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giveen
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December 06, 2017, 01:40:36 AM |
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It might not be a good idea to buy iota even though it might be listed on bittrex because the only way to make profit would be arbitrage and iota seems to have a pretty good network and don't forget you might even be going against many bots. This clearly has huge amount of risks involved it is profitable but according to me i don't think it's worth. Does anyone here think the price can go down? Its at an all time high already. But if you dont buy, it might even hit 5 dollars or 10 dollars.
It might hit but it would have a stable price $5-$10 is for a long term hold in short term you really need to be lucky for it.
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pocketfullofpoke
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www.daxico.com
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December 06, 2017, 01:57:28 AM |
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As far as i know, IOTA has a bright future and by just looking at the graph, you can say its price has a drastic rise because of the demand. Currently, it has the 4th biggest market capital with almost 3Billion USD next to BitcoinCash. And yes, it is time to invest in IOTA since it's starting to launch from the launch pad now ready to travel to the moon.
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hackzang12
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December 06, 2017, 02:13:25 AM |
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Time to buy more IOTA it's a great investment and I hope alot of people heard thid before. Tangle is more than anything else than a blockchain network. So buy and hodl this is not just an ordinary coin
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