We should not forget that bitcoin was created to be a new payment system. To replace fucking fiat. The fact that its being traded alone cant give a coin real value. People on the streets still have no idea what bitcoin even is. They dont care at all. Its only used for buying drugs and is used for money laundering and fraud. And thats it. Nobody is using it for anything else. You dont buy a pizza for bitcoin. You dont pay rent in bitcoin. You dont use it at all unless you buy some drugs. And that alone is the reason why BTC goes up. If I want to buy some drugs I NEED bitcoin. I dont care if a bitcoin is 2000$ or 5000$. I just get a bit to pay someone and my btc is gone again.
Now tell me. Put aside those fancy special super duper features of IOTA and tell me why I would buy it. Why would I buy it regardless of current price. Why is it of any value to anyone. If you cant, then you know that its just another shitcoin pumped and dumped till faded away along with your worthless fiat.
No offense. I would really like to know if it has true value. But right now I cant see it in any coin except of BTC.