Quote from: milagm on October 16, 2017, 12:09:06 PM

I tried to open a discussion about the situation in Reddit but the post got deleted allmost immediately so I'll try my luck here.

Any idea why IOTA is plummeting while other major markets such Bitcoin and Ethereum are rising ?

http://charts.dacharts.net/2017-10-14/chart170.jpg

In short past IOTA been following quite well these markets which I read a healthy state but the last month has been a small disaster. Of course could be temporary but just would like to know if someone knows something what could cause this kind of divergence into markets.

Should we get concerned about this situation ?

Price of IOT arose few 100 times from ICO. So people that invested 1 BTC in it now have few hundreds of BTC of IOTa. Ofcourse they are dumping tiny pieces of their IOTa pile. Lambos dont come out of nothing.