The reason IOTA was pumped high was fake news related to MIT. While the use of blockchain for iot is interesting, there's no reason to use specifically IOTA token. It's not a bad coin, but the market isn't looking at it favorably at the moment.
Watch out for the next milestone / fake news. Mid-term target is 0.00015BTC.
people (including me) tend to think that if something has dropped a lot it'll go up soon. in a bull market, yes. otherwise, it can take quite some time.
in fact, when its holders are so worried that they feel the need to write angry comments to a charting post --- you know the market isn't ready for reversal.
additionally, I personally believe eth will go to 10k+ & btc 50k in 2018. to say iota will be 10 by 2019 isn't much. I think if it only goes to 10 it's not a good investment.
IOTA does not use blockchain technology, but another distributed ledger technology called directed acyclic graph.
This, along with the foundations deep ties to the automotive industry, gouverment entities and the banking system is part of why IOTA is by far the most attractive coin on a fundamental level for me right now.
I suggest you read up instead of causing your followers to miss opportunities bwcause you failed to do so.
Hold this coin. If the mining industry manages to FUD it down to 1.50, buy more. A miracle needs to happen for MIOTA not to hit 10 USD this year.
that, too, lol.
that too, lol. :D
I'm so tired of seeing these triangles... They don't really tell us much as these guys seem to think. In fact, I will post an idea in few minutes proving my point, especially in the case of IOTA.
This one I find a strong resemblance to bch in December. I should've sold it when it hit 2000 the first time. Sold over one month later for not much more. Opportunity cost enormous.
This one I think will go to 1.5.