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Author Topic: What are your thoughts on IOTA  (Read 616 times)
xbtx (OP)
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December 12, 2017, 03:17:36 PM
 #1

Hello

I recently started reading about IOTA and it's benefits vs blockchain technology, mainly no TX fees and a even more decentralized by removing the miners from the equation, and it has several high-profile companies behind it.

So, what are your thoughts on this new altcoin? Is it worth investing on?
Baltior
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December 12, 2017, 03:19:03 PM
 #2

Hello

I recently started reading about IOTA and it's benefits vs blockchain technology, mainly no TX fees and a even more decentralized by removing the miners from the equation, and it has several high-profile companies behind it.

So, what are your thoughts on this new altcoin? Is it worth investing on?

I am interested in this altcoin too, thanks

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b4ssie
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December 12, 2017, 03:27:01 PM
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I personally do not invest in IOTA because it's market cap is already pretty high.
digaran
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December 12, 2017, 03:30:18 PM
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Asking my opinion about IOTA without asking anything about my ACY? yeah my activity token has a ticker and I just used caps to show them off. one has to wonder, did ancient aliens really visited us from outer space? or one has to wonder, did people really invested on IOTA with cash out of their bank accounts or did they bought them with BTC when price increased from $5000 to $15000? they invested Bitcoins not fiat. isn't that an artificial pump?

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xbtx (OP)
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December 12, 2017, 03:37:28 PM
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I personally do not invest in IOTA because it's market cap is already pretty high.
Still, the coin value is still pretty accessible ($4.5/MIOTA). Don't you think it will rise like Lite or Eth?
xbtx (OP)
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December 12, 2017, 03:45:45 PM
 #6

I personally do not invest in IOTA because it's market cap is already pretty high.
Still, the coin value is still pretty accessible ($4.5/MIOTA). Don't you think it will rise like Lite or Eth?
I'm even more confused than I was before, thanks  Cheesy
langdong
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December 12, 2017, 03:46:28 PM
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I personally do not invest in IOTA because it's market cap is already pretty high.

This is a really bad argument :d Do you not invest/trade in/for BTC?
sorrysteve1
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December 12, 2017, 03:59:08 PM
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I personally do not invest in IOTA because it's market cap is already pretty high.

This is a really bad argument :d Do you not invest/trade in/for BTC?

It's a perfectly legitimate argument, it's one reason I have also not considered investing in IOTA, it has a big market cap already for something that is in development. It doesn't have a huge amount of room to grow in and so many investors may choose to look elsewhere.

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December 12, 2017, 04:04:59 PM
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IOTA is very good long term investment opportunity imho. But as now there is a crazy hype around this coin. Even my dad wants to buy some now. I think we will see a correction first before we move up again.
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December 12, 2017, 04:05:41 PM
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i have heard iota be referred to as Bitcoin 2.0.   It removes the energy inefficient mining process and is capable of connecting/monetizing all IoT devices, so think 10 years ahead when your refrigerator and television are connected.  IOTA builds a platform for that....

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December 12, 2017, 04:09:55 PM
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my fridge IS connected to my television...
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December 12, 2017, 04:10:50 PM
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IOTA is getting the same fud that ETH got last year before its big breakout,  I think IOTA and NEO are the best investments in the coming months.
xbtx (OP)
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December 12, 2017, 04:13:38 PM
 #13

I personally do not invest in IOTA because it's market cap is already pretty high.

This is a really bad argument :d Do you not invest/trade in/for BTC?

It's a perfectly legitimate argument, it's one reason I have also not considered investing in IOTA, it has a big market cap already for something that is in development. It doesn't have a huge amount of room to grow in and so many investors may choose to look elsewhere.

market cap is big because all the coins are already mined, yet the value per coin is still low and has some headroom (from what I've read).
Also, since the amount of coins are a lot more than BTc it has much better scalability than BTC
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December 12, 2017, 04:27:01 PM
 #14

People thing that IOTA has a huge marketcap but is the same as when the bitcoin was to 300$ or less. All people saying "SELL SELL SELL!". Now this people cry. BTCx50

In past July people said "Don't buy IOTA! It's very early for this crypto!". Yes, yes, July. Now this people cry. IOTA x15

Now, there are people saying "Don't buy IOTA. It's very high price". Same that Litecoin one year before. LTCx50

Do you want to be the next people crying?

In the cryptoworld there are two rules to gain:

Rule 1: Buy right now
Rule 2: HODL

 Grin
Baltior
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December 13, 2017, 06:59:52 AM
 #15

People thing that IOTA has a huge marketcap but is the same as when the bitcoin was to 300$ or less. All people saying "SELL SELL SELL!". Now this people cry. BTCx50

In past July people said "Don't buy IOTA! It's very early for this crypto!". Yes, yes, July. Now this people cry. IOTA x15

Now, there are people saying "Don't buy IOTA. It's very high price". Same that Litecoin one year before. LTCx50

Do you want to be the next people crying?

In the cryptoworld there are two rules to gain:

Rule 1: Buy right now
Rule 2: HODL

 Grin

Great words Wink

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December 13, 2017, 08:45:12 AM
 #16

I personally do not invest in IOTA because it's market cap is already pretty high.

This is a really bad argument :d Do you not invest/trade in/for BTC?

It's a perfectly legitimate argument, it's one reason I have also not considered investing in IOTA, it has a big market cap already for something that is in development. It doesn't have a huge amount of room to grow in and so many investors may choose to look elsewhere.

The internet of things  is  in   trillion market.

btcney
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December 13, 2017, 09:17:16 AM
 #17

Hello

I recently started reading about IOTA and it's benefits vs blockchain technology, mainly no TX fees and a even more decentralized by removing the miners from the equation, and it has several high-profile companies behind it.

So, what are your thoughts on this new altcoin? Is it worth investing on?

I think that the coin has pretty big potential.

The promise of instant, scalable, and free transactions is obviously everything that a cryptocurrency needs at the moment. If the devolpers can continue to work on this coin and continue to update the code and improving it there is no reason why it can't be in the top 3 cryptocurrencies.

That's a big if, though. If you ar econfident that it can happen, you probably should take a gamble and invest in IOTA early, since it is indeed still quite early.
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December 13, 2017, 09:06:50 PM
 #18

IOTA is a very good project with high potential.
if you want to hold for long time you can be rich. but if you bought above 4 usd and want a fast profit, you will probably suffer and have to exit with loss.
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December 13, 2017, 09:20:32 PM
 #19

In my opinion this coin is unappreciated. In future can achieve a lot. I think if we invest in IOTA we can get profit after 6 weeks maybe earlier

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December 13, 2017, 10:33:36 PM
 #20

In my opinion this coin is unappreciated. In future can achieve a lot. I think if we invest in IOTA we can get profit after 6 weeks maybe earlier

beta version code with 11 Billion market cap is unappreciated?
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