Post
Topic
Board Speculation (Altcoins)
Re: [IOTA] IOTA Speculation
by
IOTUSA
on 13/07/2016, 21:14:20 UTC
We need a 300/Sparta meme really.... HODL!!! lolz

When you consider potential for IOTA consider this.

There has been exactly one launch of a crypto thay does things differently than Bitcoin (and I don't mean some dark send, new algorithm, or "business idea") and thay is Ethereum.

Ethereum brought smart contracts language and rose from an initial $200 million to at peak over $2 billion in market cap.

IOTA is the first machine to machine payment crypto that works without fees, has its own (will have) dedicated processing architecture and relies on tangle instead of a heavyweight Blockchain.

Now ask yourself. Do you want to sell at $20 million market cap and risk being the person who sold Ethereum at $0.50

Thats all I have to say.

IOTA doesn't have 1/10 the hype that Ethereum had at launch. I believe that if IOTA continues to work well and is continually improved, it will be huge. However, there's no way its launch market cap will compete with the launch of Eth.

Not sure if I agree or not. If you remember Ethereum launching there was no wallet, no hype (most people called it a scam) and price swung wildly.

I personally see no reason IOTA shouldn't be worth $100 million day-1. I'm not saying it's going to happen, but I don't find it odd if it does.

The real value in crypto isn't "hype" but the trust and investment of a few large Bitcon holders. Same for Ethereum.