Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
ifinta
on 08/03/2020, 03:44:46 UTC
I am shocked that IOTA has not lost more of its value. 

It did not lost at all but gained. At start of the year price of IOTA was 15 cents now is 23 cents. This simply tells you that all prices in crypto have nothing to do with reality.

Later it counts only the difference of selling price and buying price. The price between the two event don't matter. You have at this time not any "gain", you have some IOTA's and maybe you will able to sell it later - OR NOT.

That counts for each person buying and selling coins. I and ServerNoMore are telling of price of the coin. He is surprised price did not decrease. I am surprised that price actually increased. No matter that this event that ended all transactions for more then a week happened.

I think I'm right in saying that the Big Red Button was pushed at 17.20 on Feb 12th, at which time IOTA was trading around 34 cents.
Today it's around 22.5 cents, a market cap shrink in the order of $300m.
Nobody mention the ATH.
OK, I will.
$5.25.
If you mIOTA'd 1 BTC then you'd have got ~ 3,272.
Today you'd get ~ 39,420.
Bargain?



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