Iota is falling and falling
Even Charlie Lee of ltc was fudding it the other day - out of order and unfounded.
When iota soared tenfold barely an article in the coin news. Coin site owners are generally long hold bitcoiners.
IF iota nail timestamps and smart contracts, IF the infinite scalability that increases with user nodes works, it's the only crypto currency out there that could handle the entire world finance. IF all the others do is deliver blockchains, they are dead and they know it... the dag era will be upon us. And if that's the case iota have a 2 year head start.
https://www.reddit.com/r/Iota/comments/7j81tq/fud_copy_pastas/there are many others that scale properly, including blockchain based solutions, many way ahead technologically then iota. Just because bitcoin failed here (and it didn't really fail at scaling if you look over lightning networks) doesn't mean all of them do. Perfect blockchain example is SKY. As for DAG solutions, well there are several, starting with byteball
The fudding on IOTA is hilarious
Every single person who owns any other coin is not on the tangle, is not on a transaction free tangle, is not on a scaleable tangle
this means that there's a lot of people out there with vested interests who are very afraid right now. Very afraid of this far superior technology.
The microsoft partnership
so what? Who is bitcoin partnered with? what is bitcoin other than a glorified ponzi scheme at this stage?
IOTA price is down today, it's actaully not any lower than previous dips since it soared to all time high. IOTA's base is about $2.80 to $3.20 right now. End of 2018 we're estimating $20 of solid growth.
There are many real world uses for bitcoin right now. Real businesses accepting them (including Microsoft). I wouln't go as far as calling it a ponzi scheme. By the way the whole cryptomarket is in the same bubble, and that includes iota. When it pops, BTC will fall 90% probably, and most alts to 0 directly. ALL alts that have no real transactions at that point will collapse. Pray that IOTA will have some by that time. Either-way it will fall harder then bitcoin.
