✳️ Will IOTA Exceed $1.00? - It Looks Like It´s Just Waiting For The Right Moment 😏

in cryptocurrency •  7 years ago 

From about 34ct IOTA took a huge rise to values of more than 90ct just a few days ago and just seems to wait for its time to cross the magic line of $1. In my opinion we´ll see that happen within 2017 already even with the latest correction of more than 15%.

The coin regularly initiated heated discussions as it´s different from others and doesn´t really fit into the classic decentralized Blockchain concept all the Bitcoin fans are mostly insisting on. Despite all that there is some potential hidden in it and somehow I feel that we´ll get to see more of it in 2018.

That all being said, I´m putting some more money into IOTA at the very moment as I think that 77ct are a bargain compared to the values we´ll rise to in future. We don´t know what´ll happen but I´m positive that IOTA will have a great future 😊

What´s your opinion on IOTA?
Will it rise to the moon or stay as small as it is today?

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I haven't one IOTA of a clue as to whether it will skyrocket or plummet. 🤓😂

well it did go to the sky 😊

  ·  7 years ago (edited)

Meant to buy some IOTA yesterday and didn't get around to it, guess I'm lucky as the price fell almost 15%. Going to make my first buy tonight :)

I think IOTA is super risky / untested, but the tangle concept is unique and it definitely has potential.

Also wish IOTA was on bittrex and had a better wallet.

But it seems like your investment was just done about the right time ;)

yes, I definitely got lucky :)

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I think iota has a potential to reach the 10 $ price in 2018.

would be a cool thing to see :)

I think Iota has a lot of potential. Trying to buy as we speak, but it's not easy to figure out what the safest place is to store Iota. Lots of bad reviews about the wallet. Any tips? Maybe a paper wallet?

Yeah I feel you. I'm still holding my IOTA on bitfinex though I don't really trust them 100% anymore..

I went for it and downloaded the wallet. Bought some IOTA through Binance. Now it is stuck there. there seems to be a problem with the connection with the wallet :-(
'network congestion - withdrawal suspend'
Talking about a bad start...

aaand... didn't know what IOTA is before this. seems like it might reach $1... well, not interested in most coins these days... Lost so many times and I think I better focus on writing quality posts for steemit.

You should have taken a closer look on it 😜

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This is all getting so intriguing! Upvoted. I expect over 1.00, definitely.

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IOTA has 0 fees on transfers.

IOTA theoretically in the future will be near instant transfers(even now they're still very fast)

IOTA is quantum proof, something future cryptos will have to resolve.

IOTA has a HUGE team full of very smart and proven individuals.

IOTA has a very large total supply which eliminates the physiological aspect of "Buying at a high price"

IOTA is decentralized

IOTA has a pretty decent following with 31K reddit subs, over 37K combined twitter followers,30k+ slack members and it doesn't have cult hate towards it like coins such as Dash and Ripple does. Unlike other cryptos Iota forces companies they partner with to use
IOTA .

IOTA had no premine or anything, but they have a foundation were you can donate and 5% of all iota was donated after the ico and iota just legally got known as a non-profit organization so they can now legally spend those funds on new developers and marketing https://www.reddit.com/r/Iota/comments/7cp9yo/iota_foundation_now_official/

IOTA has partners with multiple HUGE companies such as bosch and Sopra Steria which can be found here: https://steemit.com/iota/@nateq/every-partner-and-affiliation-that-iota-has-the-tangle or here: https://www.reddit.com/r/Iota/comments/7f3dmx/list_of_known_iota_partnerships_corporate/
The problem most blockchain cryptos face is scaling. Iota fixes
that with replacing Blockchain with tech called the "Tangle" that can handle unlimited amount of TX/s. The tangle is still in beta phase, which is why the marketcap is only around 2bill and not 100Bill, in my opinion that is a high market cap for a crypto still in beta phase and that shows huge strength for the coin considering it has the WORST user-friendly interface and noob friendly crypto out of the whole scene. There are only currently 3 exchanges that deal with IOTA two of which recently just added it(Bitfinex,Binance and OkEx) which means once it gets added to Bittrex it's going to go nuts and their is signs of that happening soon(Devs announcing a huge announcement soon and bittrex following iota on twitter.)

The cons of this seemingly amazing cryptocurrency is that as it is currently still in beta phase the devs have something called the "Coordinator" in place which gives slight centralization to the developers but enabling the coordinator when you run a full node is optional so this will slowly go away as the project grows stronger, making it Decentralized. The official wallet is complete ASS, one of the worst if not the worst user/noob friendly wallet, but a brand spanking new beautiful wallet is being released within a month. Here is a image of how it will look: https://twitter.com/CrypTomcat/status/933786394937487361

Thanks for the price report, care to elaborate or provide some analysis to these trends? Otherwise this information just simply isn't useful to anyone, whether they are familiar with IOTA or not.

Why do you think Iota will cross $1 in 2017? Why is IOTA @ $0.77 a bargain? Please elaborate, and as my teachers used to say, show your work.