Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Voidcrafter
on 15/03/2017, 01:15:56 UTC
Price too high. Also lot of ICO investors ready to dump when launched at exchanges. current OTC price is 30 times ICO price. Not a bargain at all.

It's 30 times ICO price because the ICO was held at a time when altcoins were at the end of bear market. Not many investors believed in IOTA ICO. Then Ethereum pump came and brought altcoins back to live. IOTA price was pretty much stable since then.

There was also more then a year of trading

OTC trade volume is tiny. hardly 10% of the ICO investors have sold. Once on smaller exchanges the price will surely dip from current price. and then it will pump when it gets listed on polo.

Better safe to wait than buying the top.

it will instantly get listed on all exchanges including polo

Also there are 3 buying and selling threads ob btctalk and the bot was initially not around and rebooted a couple of times so it does not reflect real otc volume over the last year