Quote from: jratcliff63367 on July 17, 2017, 05:12:38 PM

I just wanted to give a word of advice for people who are trying to wrap their brains around what the IOTA token 'should be worth' and it's potential for growth.

I like to think of this way.

Take the total number of IOTA tokens (talking M tokens) which is 2,777 million and divide that by the total number of bitcoin tokens there will ever be (21 million).

This means there are 132 M-iota tokens for each one bitcoin.

Since one IOTA token is, at the moment, worth 0.26 USD, that means to own a share of IOTA tokens equivalent to one bitcoin works out to $34 USD.

So, IOTA tokens are currently trading at the equivalent of a $34 bitcoin and, to wrap your brain around volatility, over the weekend it was as low as $20.

I think it is helpful to think about IOTA tokens this way. If it ever, some day, became 'as big as bitcoin is today', where 132 M-IOTA tokens would be worth $2,060, that would be an additional 60x growth.

That said, it's probably a bit too pie-in-the-sky dreaming to think that will ever be the case. I mean, it could happen, but I wouldn't count on it. I would say that this should probably just be your mental idea of 'moon' someday for IOTA.

All that said, most people would be absolutely thrilled to just see a 2x to 5x growth over a coupe of year period and if IOTA gets any traction, that probably isn't an insane expectation. It's already been 2x higher than it is now once before.

The reality is, no matter how awesome the IOTA tech is, it still needs some kind of adoption / network effect to ever go anywhere. Right now, virtually no one seems to know about it, it's only traded on one exchange, so it still feels 'very early' on this thing.

Personally, I've been a bitcoin maximalist. This is the first alt-coin I have ever made a significant financial investment in. The main reason for me is due to the fact that the underlying tech is so radically different than a conventional blockchain.

Time will tell.

2x to 5x growth over a coupe of year period ? You are not a very big fan of IOTA then, I think will be x10 in 2 month, lets be realistic and not pesimistic! This is a great project that will take everybody by storms. Lets talk sense and give the benefit of the great technology this is!! Number 1 in CMC soon!