SamReomo (OP)
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December 13, 2017, 09:17:23 PM |
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Today, the very well known IOTA is getting down. Many of the investors have made huge profits of around 300% within 1 week but now it is going down very fast. This all happened due to their clarification about the Microsoft-IOTA partnership. Yesterday they clarified that they aren't partnered with Microsoft in any way but they are trying to be partnered with them and 37 other famous brands that include Fujustu etc. Such news made the investors worried and they started selling their acquired IOTA stock. It is going down very faster if anyone has invested in IOTA should take some profits and sell the coins before it's too late.
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Krezz2017
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December 13, 2017, 09:32:20 PM |
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But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
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Youghoor
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December 13, 2017, 09:38:01 PM |
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iota is pure speculation, it has the most pure speculation at about 100%, it sounds like a recipe, but it is true. Everytime that iota had a hype because of something, or just because they suddenly partnered with a company, it was a fake, volkswagen will never be linked with a crypto who is below four dollars each. But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
They do not even have a wallet, every one who has iotas is holding all of them in binance of bitfinex (and we all know how unsafe are those exchanges) Make your own conclusions, a lot of people started to say that iota was going to be the next bitcoin..
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SamReomo (OP)
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December 13, 2017, 09:43:46 PM |
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But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
What if you buy it at 3.60$ and its price goes down to just 1$ within a week or so on. I know that this coin can be great in future but at the current situation, one should wait for it to go as down as possible. And, then buy it and hold it for at least 1-2 years for some good profits. I have bought around 90 of this coin at 4.02$ and now its at 3.55$. Even if I sell it still I will not make any profit but huge losses. Those news rumors are just non-sense and one should try to find a good source of the news for some good and real stuff.
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KingScorpio
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December 13, 2017, 09:49:31 PM |
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But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
What if you buy it at 3.60$ and its price goes down to just 1$ within a week or so on. I know that this coin can be great in future but at the current situation, one should wait for it to go as down as possible. And, then buy it and hold it for at least 1-2 years for some good profits. I have bought around 90 of this coin at 4.02$ and now its at 3.55$. Even if I sell it still I will not make any profit but huge losses. Those news rumors are just non-sense and one should try to find a good source of the news for some good and real stuff. maybe you shouls sell iota now and buy back more later?
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SamReomo (OP)
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December 13, 2017, 10:04:55 PM |
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iota is pure speculation, it has the most pure speculation at about 100%, it sounds like a recipe, but it is true. Everytime that iota had a hype because of something, or just because they suddenly partnered with a company, it was a fake, volkswagen will never be linked with a crypto who is below four dollars each. But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
They do not even have a wallet, every one who has iotas is holding all of them in binance of bitfinex (and we all know how unsafe are those exchanges) Make your own conclusions, a lot of people started to say that iota was going to be the next bitcoin.. I completely agree with your wallet statement but the statement about the exchanges still not clear to me. It would be great if you elaborate your answer for the exchanges. I know Bitfinex has been the center of attraction because of the attacks from the hackers and the USD-T. But, in which way is the Binance un-trusted? I am currently trading on those two exchanges only and I have learnt some good stuff from them and made some profits as well. I am not really sure about my next moves on those exchanges but I am thinking about a withdrawal as soon as I make some good profits.
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anzach87
Member
Offline
Activity: 98
Merit: 10
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December 13, 2017, 10:36:29 PM |
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even though they made a lot of good movements and announce good news for ex microsoft etc am waiting to fall down in next month but is good project will go up again
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aquantivis86
Newbie
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Activity: 129
Merit: 0
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December 13, 2017, 11:13:17 PM |
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But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
What if you buy it at 3.60$ and its price goes down to just 1$ within a week or so on. I know that this coin can be great in future but at the current situation, one should wait for it to go as down as possible. And, then buy it and hold it for at least 1-2 years for some good profits. I have bought around 90 of this coin at 4.02$ and now its at 3.55$. Even if I sell it still I will not make any profit but huge losses. Those news rumors are just non-sense and one should try to find a good source of the news for some good and real stuff. Then you buy more. If the price goes down you buy more and be grateful.
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dunfida
Legendary
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Activity: 3206
Merit: 1155
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December 13, 2017, 11:16:21 PM |
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Today, the very well known IOTA is getting down. Many of the investors have made huge profits of around 300% within 1 week but now it is going down very fast. This all happened due to their clarification about the Microsoft-IOTA partnership. Yesterday they clarified that they aren't partnered with Microsoft in any way but they are trying to be partnered with them and 37 other famous brands that include Fujustu etc. Such news made the investors worried and they started selling their acquired IOTA stock. It is going down very faster if anyone has invested in IOTA should take some profits and sell the coins before it's too late.
Those news are just pure hype up not totally being implemented or considered as partners and investors did see that thing thats why price do have decrease because they are trying to get out as early as they can or else they would lose up some money for sure but if these possible movement for further development or partnerships would be continue then it would really be worth of to hold this coin and would buy on those dip prices. In my it do have still the chance to progress even more this is why im waiting for the most possible dip price before i would buyback.
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Visin
Sr. Member
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Activity: 436
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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December 13, 2017, 11:33:29 PM |
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Today, the very well known IOTA is getting down. Many of the investors have made huge profits of around 300% within 1 week but now it is going down very fast. This all happened due to their clarification about the Microsoft-IOTA partnership. Yesterday they clarified that they aren't partnered with Microsoft in any way but they are trying to be partnered with them and 37 other famous brands that include Fujustu etc. Such news made the investors worried and they started selling their acquired IOTA stock. It is going down very faster if anyone has invested in IOTA should take some profits and sell the coins before it's too late.
So many investors are interested in investing in that coin, they will lose their coins once they invest in it. I think that it's a scam.
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wisdommember
Member
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Activity: 107
Merit: 10
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December 13, 2017, 11:35:37 PM |
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iotas pump was too much. sure that there will be a correction. 5$ should it reach after 2-5 years. iota has a big supply also.
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cryptotnak
Member
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Activity: 194
Merit: 10
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December 13, 2017, 11:41:28 PM |
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Its just a correction,i will still hold this coin in 2018 just wait for itw comeback.
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BountyX
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December 14, 2017, 12:11:06 AM |
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Iota is a huge bubble for the moment, it should probably go back to 10 cents, until it can really gain its value out of the market.
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generalizethis
Legendary
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Activity: 1750
Merit: 1036
Facts are more efficient than fud
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December 14, 2017, 12:16:14 AM |
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Today, the very well known IOTA is getting down. Many of the investors have made huge profits of around 300% within 1 week but now it is going down very fast. This all happened due to their clarification about the Microsoft-IOTA partnership. Yesterday they clarified that they aren't partnered with Microsoft in any way but they are trying to be partnered with them and 37 other famous brands that include Fujustu etc. Such news made the investors worried and they started selling their acquired IOTA stock. It is going down very faster if anyone has invested in IOTA should take some profits and sell the coins before it's too late.
Those news are just pure hype up not totally being implemented or considered as partners and investors did see that thing thats why price do have decrease because they are trying to get out as early as they can or else they would lose up some money for sure but if these possible movement for further development or partnerships would be continue then it would really be worth of to hold this coin and would buy on those dip prices. In my it do have still the chance to progress even more this is why im waiting for the most possible dip price before i would buyback. FUD https://www.reddit.com/r/Iota/comments/7jkg0n/journalist_writing_article_on_fud_campaign/
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onehash.tech
Newbie
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Activity: 12
Merit: 0
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December 14, 2017, 12:17:52 AM |
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Was always curious about IOTA
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prehisto
Full Member
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Activity: 882
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Your Data Belongs To You
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December 14, 2017, 12:18:57 AM |
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Did not buy IOTA thus did not profit from it but was aware of the HUGE news regarding Microsoft thus the high price claim. Thought it was quite funny and interesting that lied ( as I understand) and as consequence they gained huge marketcap, I think that part of investors do not know about these bad news yet.
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generalizethis
Legendary
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Activity: 1750
Merit: 1036
Facts are more efficient than fud
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December 14, 2017, 12:22:17 AM |
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Did not buy IOTA thus did not profit from it but was aware of the HUGE news regarding Microsoft thus the high price claim. Thought it was quite funny and interesting that lied ( as I understand) and as consequence they gained huge marketcap, I think that part of investors do not know about these bad news yet.
More FUD https://twitter.com/DavidSonstebo/status/940631227979194368They scared.
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Zendalet
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December 14, 2017, 12:27:58 AM |
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The truth is somewhere in the middle. Microsoft is not really an official partner of IOTA as in investing in it, even if they used the word partner. But they will use IOTA. A better word would be participant. A sell off is logical since the initial news was overhyped.
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generalizethis
Legendary
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Activity: 1750
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Facts are more efficient than fud
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December 14, 2017, 12:32:27 AM Last edit: December 14, 2017, 12:45:26 AM by generalizethis |
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The truth is somewhere in the middle. Microsoft is not really an official partner of IOTA as in investing in it, even if they used the word partner. But they will use IOTA. A better word would be participant. A sell off is logical since the initial news was overhyped.
This. (also the MS employee sent the media that stated "partner." It would be weird for Iota team members to edit it). Not sure why the MS news has gotten so hyped when Fujitsu and Bosch are comparable in size and are much more involved with Iota. Seems hypers hype and fudders fud--don't get caught by either one.
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ceyceyki
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Renewable Energy Cryptocurrency
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December 14, 2017, 01:03:35 AM |
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After IOTA announced that no it has no formal partnership with Microsoft price started to go down. But it may go up again. It cannot go up all the time. There should be a correction. Thats more healthy for a coin.
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