Quote from: Admiral_Bit on July 09, 2016, 09:07:55 PM

Quote from: Jabbawa on July 09, 2016, 03:08:58 PM

Yeah, I very much doubt iota will double dip down to that kind of price... you'll be lucky to see a bottom anywhere near the top prices offered here imo.

No way I'd sell anything under 1.5btc per 100Gi and even that seems crazy really. I'm not selling any through here because I believe the price will be a lot higher as soon as it hits exchanges. Demand has built up and remained unsatisfied for over 6 months, the tech is game-changing and the timing is perfect. GL finding your weak hands or exchange crash... this will go straight to $10m+ market cap imo, then build quickly from there.

Is there demand? Yes. Does the demand cover 500% of the initial ico price? Probably... Does the demand cover 1000% of the initial ICO price? Maybe... Does the demand cover 2600% of the initial ICO price? Absolutely not. People who bought 100GigIota for 1.5 BTC via OTC just didnt pay attention to the actual market situation. I agree that there is demand for this coin but the numbers you are asking are insane. You are lucky because most people are too lazy to crunch the numbers and get all hyped up by the prices of the few OTC sellers.

Once all coins are ready to be distributed to the exchanges the price will reflect the actual market cap which will be enormous but not as god like as you guys like it to be...

Give it a few months and your asks might align with the market cap.

Just try to remember this is your subjective opinion and you haven't given any solid objective reasons why it shouldn't be valuated above... by what you seem to be saying, $8.5MM USD...

No definitely. Why would a feeless, bloatless, instant transaction, truly decentralized POW cryptocurrency designed to drive the economy of things (but which also has potential to do so much more) be worth more than $8.5MM USD....

The entertainment from the trolls around here is never ending.