kdboy

Let's think something outrageous

BITFINEX:IOTUSD   IOTA / U.S. Dollar
Once IOTA hits the bottom of the channel in the second half of Feb in the log chart ( between $1 to 1.5) , three things could happen
1) It crashes through the bottom : Very likely ( 50% chance) given the current state of things . Get out of your trade positions , hold the long term positions
2) Crawls up the bottom of the channel for a few months : (45% chance)We get to something like $7-10/MIOTA and see where it goes from there. Not a bad return given how this year has started
3) It bounces to the top of the channel : (5% chance) There would need to be some great news - big partnership, new wallet, tangle stabilizing, co-ordinator removal etc etc. We cannot ignore the fact that every positive event in the last 2 months ( Bosch Investment, Netherlands and Taipei using Tangle, rebuttal to MIT Labs etc ) has been ignored by the market in increasing IOTA price. Karmic due for IOTA has built up in last 50 days. If only Bitcoin             was more supportive.
Kommentar: Some interesting reads for the weekend

https://hackernoon.com/iota-real-world-use-cases-are-coming-ab1d8240cf09
https://blog.goodaudience.com/why-keeping-your-iota-makes-sense-75e8a74cf2ee
https://medium.com/@iotasuppoter/iota-the-hardware-part-a6100b5bb4d5
Kommentar: https://coincentral.com/interview-iota-david-sonstebo-taipei-partnership-identity-of-things/
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