Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
jwinterm
on 21/11/2017, 14:04:49 UTC
It is the same question why Bitcoin values so much while other PoW coins do only have a market cap of 1 million.
IOTA has gained a lot of attention in industries and business since its inception. A lot of big companies (Innogy, Bosch, Samsung to name only three) are associated with IOTA (if they're really involved into IOTA is a another quesiton). Also a lot of well-known advisors joined IOTA Foundation. So it is a completely different situation to Byteball. You can not compare both, maybe technology-wise but not marketcap-wise.

why iota marketcap so high?

and same technology byteball marketcap is so low???
I think this is because IOTA got large amount of money from big investors, anyway I guess that these large investors wil see the huge potential of Byteball as well....sooner or later Smiley

This is just wrong. The top three and six out of the top ten crypto by marketcap are PoW.