Post
Topic
Board Altcoin Discussion
Re: Alert! Noone buy IOTA Coin when it hits exchanges!
by
AmarO
on 28/05/2017, 12:01:17 UTC
The idea of iota is interesting with 0 fee transactions and scalability, however, we don't know how it will work in practice.

quite the contrary, 'WE' as in 'early adopters and participants' have benn running this for ~18 months now  and hence have an ever increasingly precise idea how it does work in practice.

which is exactly what occurred in Bitcoin during the early days - FUDders whine and FUD, early adopters get rewarded handsomely for supporting a project against FUD

Exactly. The earlier it is, the more risk there is. It's only fair the reward is higher as well, high risk - high reward.

It only gets sad when people wake up late when it's been proven to work and start crying when they can't have no risk - high reward deal out of it.


Under no circumstances should a coin be traded privately to inflate it before getting on exchange