The question is obvious, on what basis does this shitcoin IOTA get a 1.6 bil valuation? Who bough and sold it, on what days did it value spike, when did it drop, how dafuq does it end up with this value now out of the fucking blue
Either answer that or give up, stop deflecting the question to something nonsensical.
again: it is called a 'market' - look it up on wikipedia or so. it is quite funny that you get so upset about not understanding this very simple mechanism.