iota is pure speculation, it has the most pure speculation at about 100%, it sounds like a recipe, but it is true.
Everytime that iota had a hype because of something, or just because they suddenly partnered with a company, it was a fake, volkswagen will never be linked with a crypto who is below four dollars each.
But I've been thinking. Is it worth buying this coin for a long time or not? And now I think that we need to read less rumors and buy, if this involves technical analysis of the market.
They do not even have a wallet, every one who has iotas is holding all of them in binance of bitfinex (and we all know how unsafe are those exchanges)
Make your own conclusions, a lot of people started to say that iota was going to be the next bitcoin..
I completely agree with your wallet statement but the statement about the exchanges still not clear to me. It would be great if you elaborate your answer for the exchanges. I know Bitfinex has been the center of attraction because of the attacks from the hackers and the USD-T. But, in which way is the Binance un-trusted? I am currently trading on those two exchanges only and I have learnt some good stuff from them and made some profits as well.
I am not really sure about my next moves on those exchanges but I am thinking about a withdrawal as soon as I make some good profits.