Post
Topic
Re: [ANN] [IoP] Internet of People - Decentralise the Web 2.0 - a Community Project
by
XeLaZoP
on 03/08/2018, 10:07:03 UTC
Quote
Next step for IoP is to hit below 8k sats on Bittrex, should be easy to achieve with such a great team.

You're right IOP is one of the coins that lost more '.... I bought IOP in September and doing a little' trading I managed not to lose my capital .. Even I did not expect a collapse so 'big IOP. The IOP project, however, seems excellent to me, incredibly underestimated ... whoever buys IOP will now earn a lot of money ...... I am sure that within two years the IOP price will be very big

What makes you so sure about that? Two years is an eternal time for a crypto project. If they were where they wanted to be now I would agree, but they missed on each and every item on their roadmap. The concept is great, but the realisation lags and the people deciding and doing public relations are a bunch of idiots. They pissed off everybody, with their childish delusional attitude.

And well, they hit the below 8k sats on Bittrex target already in no time, thats what they're best at currently, crushing the market value, pretending its not their fault and they can't do anything about it.

The dumping by the chapters will go on, because they need the funds to operate. Unless somebody big comes up as a saviour, but I don't see that, because they aren't any kind of a proper business entity to do deals with. As long as this idiocy goes on, there won't be a rebound.


Unfortunately, I have to agree. I think there is a big problem of inconsistency.

Although it is announced as a crypto of the community, the community the only power it has is to vote for the most competitive chapters, nothing more. The consensus is decided from above, I'm not sure who, I guess by IoP Ventures, how the rest of the decisions are made and the community does not have information about who makes those decisions, nor with what criteria.

Being in Discordia does not improve transparency in the information ... recently it was possible to see how one of the chapter leaders was asked to remove the video of "What is IoP?" and when he asked for the reasons, that part of the video was no longer correct, no one in Discord knew how to respond.

As long as the community does not face this serious problem of inconsistency, I find it difficult to increase confidence in this project, especially if we consider the existence of a whale determined to sink the price further. We must remember that trust is one of the basic characteristics of any crypto project.

At least this is my opinion, probably influenced by the frustration of thinking about what could have been and seeing what is being ... (Expectation vs. Reality) and not just talking about the price, since I understand that it is possible that the technological sector is approaching a correction or crash, there are indications to be able to think about this.