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Author Topic: IOTA will be #3 in market cap by the end of 2018  (Read 206 times)
aardvark15 (OP)
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May 14, 2018, 02:03:46 PM
 #1

I believe IOTA is going to rise to near the top of all cryptocurrencies and reach #3 in market cap by the end of 2018. My prediction is based on several factors including:

1) Trinity wallet will soon be released
2) Recent partnerships and projects including Porche, Qubic, City of Taipei, electric charging stations, etc.
3) No fees for transactions
4) Unlimited scalability

If the top 10 cryptos in market cap stayed where they are. IOTA would need to get to about $10 per MIOTA to reach #3. We know many of those others will rise also, but I predict $20 for one MIOTA by the end of the year as their project get rolled out and the new wallet goes live. I think this will easily get it to #3.

Agree or disagree?
voltagecrypto
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May 16, 2018, 12:48:52 PM
 #2

IOTA runs on DAG system. Other cryptocurrencies run on blockchain system. DAG system is quite different from blockchain system.  I prefer blockchain system more.
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May 16, 2018, 01:06:39 PM
 #3

Trinity wallet would be the cool thing to have.and i was looking for to have No fees for transactions. these are so inoavative i believe if the keep these promises then it will be very cool.
langdong
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May 16, 2018, 01:10:48 PM
 #4

I'm thinking #4 but yeah. For starters. Imo Iota will be super huge. What they are getting together at the moment (foundation, team, partners, new wallet, Q etc.) is just incredible.
You can like Iota, you can hate it but I'm pretty confident that this will happen soon enough. Also let's not forget about Q. Plus there are still lots of other things to come.
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May 16, 2018, 01:24:06 PM
 #5

Hmm, yes, I see what you mean. Trinity wallet, no fees transaction and lots of collab with major vendors, and all other good news.
But, nobody knows about tomorrow, keep your expectation low, or you may get a heart attack caused by disappointment.

Blockshipping    ICO starts 14 May 2018
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May 16, 2018, 01:40:17 PM
 #6

Iota is a fine coin to hodl. It has the juice and potentials to rise very far in value. But I don't think it can break in to the top 3. The top 3 coins today will be contested by Bitcoin, Ethereum, Ripple and Neo. This is my belief

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May 16, 2018, 02:17:23 PM
 #7

How do you say so? Is there any valid links or post behind it. If it is not a fud then people will get chance to invst in it. But, as it is not that popular among people, it's really hard to say about it in future.
bitChipper
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May 16, 2018, 02:25:43 PM
 #8

I believe IOTA is going to rise to near the top of all cryptocurrencies and reach #3 in market cap by the end of 2018. My prediction is based on several factors including:

1) Trinity wallet will soon be released
2) Recent partnerships and projects including Porche, Qubic, City of Taipei, electric charging stations, etc.
3) No fees for transactions
4) Unlimited scalability

If the top 10 cryptos in market cap stayed where they are. IOTA would need to get to about $10 per MIOTA to reach #3. We know many of those others will rise also, but I predict $20 for one MIOTA by the end of the year as their project get rolled out and the new wallet goes live. I think this will easily get it to #3.

Agree or disagree?

Sorry but I highly doubt top 3 will happen, to many flaws and red flags in the past. It may do well and increase in value but will never be a top 3 crypto.

Read this analysis from cypto hedge fund:

https://multicoin.capital/2018/01/23/iota-miota-analysis/

If hedge funds like this are coming to these conclusions then it will leave a void for institutional money coming in, then again retail money could push it way up but not top 3. Good luck
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May 16, 2018, 02:31:58 PM
 #9

I think this is impossible. IOTA wants to overcome EOS has been very difficult then. So 6th place is the most feasible.
cryptoherr
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May 16, 2018, 02:35:48 PM
 #10

Iota really has so much potential. But it Need to prove is ability in daily use with big companies. They already have some Partners which are big companies but they Need to have an final prduct one day !

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May 16, 2018, 02:39:15 PM
 #11

It might be, but do you think why bitcoin cash fourth coin in the market, it has no different feature or partnership... Not the development is determinant in the ranking.

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May 16, 2018, 02:44:29 PM
 #12

I really like the IOTA project and I actively invest in it. Last year, IOTA was already approaching the heights of capitalization. This year is also possible a large increase in the price of the coin. However, $ 20 for IOTA is very much. I think that by the end of the year IOTA can cost from 5 to 10 dollars.
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May 16, 2018, 02:46:14 PM
 #13

IOTA runs on DAG system. Other cryptocurrencies run on blockchain system. DAG system is quite different from blockchain system.  I prefer blockchain system more.
Because the blockchain system is more decentralized compared with IOTA which use the server to keep the decentralized of the network(they said this as decentralized)
Maybe the blockchain system charge the more fees compared with IOTA but all seem good for me compared with DAG which has controlled by developer.

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May 16, 2018, 02:48:45 PM
 #14

IOTA is one of the coin out there that has a promising future. But there are coins that have more to offer than IOTA. If the team can upgrade certain things on this crypto then I will probably believe that there is a chance it will hit the top 3 spot in the market.

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May 16, 2018, 03:25:51 PM
 #15

IOTA runs on DAG system. Other cryptocurrencies run on blockchain system. DAG system is quite different from blockchain system.  I prefer blockchain system more.
Because the blockchain system is more decentralized compared with IOTA which use the server to keep the decentralized of the network(they said this as decentralized)
Maybe the blockchain system charge the more fees compared with IOTA but all seem good for me compared with DAG which has controlled by developer.

It's somewhat debatable if the DAG is as decentralized as a blockchain, for instance people really argue that DASH is not decentralized because of the masternode system. You could apply this to the DAG model in a sense.

In my opinion arguing decentralization is kind of getting old and irrelevant, yes bitcoin is probably the most decentralized, but in every system that is argued to not be decentralized there would have to be suicidal players that want to lose tons of money to take down the system...not likely imo.
GrandBcn
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May 16, 2018, 05:15:47 PM
 #16

I think after the release of their wallet, the price should rise. I don't like to keep a lot of coins on the stock exchange. It's not safe. I would have bought much more if I had the opportunity to withdraw coins from the exchange.
In my opinion, other investors hold the same opinion. Accordingly potentially after release Trinity, demand has to increase. 10 dollars is certainly very much, but x2 or even x3 from today's price is a very realistic forecast.
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May 16, 2018, 05:24:57 PM
 #17

IOTA is the sleeping giant that may or may not wake up.
And I don't say this lightly.

It is revolutionary tech specifically for the internet of things.
There are the practical benefits: feeless and infinitely scalable.
Also, integration into Iot, which is where all devices are heading.

However, you can not ignore the major problems it has:
Development has been painfully slow and there are similar projects that are starting to or have already outpaced IOTA.
The devs themselves and the community surrounding it has a very toxic atmosphere.
It is still not deployed yet and is theoretical (right now, it is centrally controlled and promised to be "let loose" in the future.  Will that happen? And when it does how will the tech actually perform?).

Iota can definitely welcome in a whole new era of blockchain just like ethereum did.
But I can also really see a situation where it just never wakes up.

Because of this, I am not putting all my hopes on it and hedging it with other similar projects.

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May 16, 2018, 05:33:23 PM
 #18

I believe IOTA is going to rise to near the top of all cryptocurrencies and reach #3 in market cap by the end of 2018. My prediction is based on several factors including:

1) Trinity wallet will soon be released
2) Recent partnerships and projects including Porche, Qubic, City of Taipei, electric charging stations, etc.
3) No fees for transactions
4) Unlimited scalability

If the top 10 cryptos in market cap stayed where they are. IOTA would need to get to about $10 per MIOTA to reach #3. We know many of those others will rise also, but I predict $20 for one MIOTA by the end of the year as their project get rolled out and the new wallet goes live. I think this will easily get it to #3.

Agree or disagree?

I don't think IOTA is going to be top3
BTC ETH and XRP are projects with bigger potential, in my opinion. But IOTA can be a top 5 coin.

One think you may not be aware is that IOTA is centralized. They have a coordinator node, similar to ripple's master nodes.
Centralization MAY not be something bad in a company, that can even be desirable.

IOTA sure needs free transactions for IoT systems to work, as many transactions are going to be required. That's more important than decentralization for them. THey plan to one day shut down the Coordinator Node, but that's not going to happen anytime soon.

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May 16, 2018, 06:49:31 PM
 #19

I believe IOTA is going to rise to near the top of all cryptocurrencies and reach #3 in market cap by the end of 2018. My prediction is based on several factors including:

1) Trinity wallet will soon be released
2) Recent partnerships and projects including Porche, Qubic, City of Taipei, electric charging stations, etc.
3) No fees for transactions
4) Unlimited scalability

If the top 10 cryptos in market cap stayed where they are. IOTA would need to get to about $10 per MIOTA to reach #3. We know many of those others will rise also, but I predict $20 for one MIOTA by the end of the year as their project get rolled out and the new wallet goes live. I think this will easily get it to #3.

Agree or disagree?
I disagree with the statement. Remember that it is not only IOTA that has a good development. Every year there are good altcoin appears and aiming for the position. NEO and Cardano is also there not to mention other potential altcoins.

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May 16, 2018, 06:52:13 PM
 #20

I hope so.. but since Im here.. there is a lot of legit hype on IOTA.. but its still not rising.

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