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Topic: IOTA - page 298. (Read 1473405 times)

sr. member
Activity: 588
Merit: 252
June 18, 2017, 01:55:37 PM
I came across this project when I received newsletter from Bittrex that it will be listed on their exchange, I can see this is not an ICO project, I will like to ask how the huge number of tokens in circulation was distributed, is it by Airdrop or mining?
sr. member
Activity: 262
Merit: 250
June 18, 2017, 01:50:06 PM

Quote

You missed the fact that IOTA is launched for almost 2years.  
You know about something now don't means that it exist since yet.
There was a time when IOTA was really cheap...


well, yes, but was not possible to buy them easily over an exchanger,
bitcoin hit exchangers having 1-2$ price or less, not at 40$

sr. member
Activity: 262
Merit: 250
June 18, 2017, 01:47:46 PM
bitcoin / iota total supply:
2,100,000,000,000,000 satoshis
2,700 000 000 000 000 iotas


right now
1 000 000 - iotas  is 0.40 $
1 000 000 - satoshis is 26$

is that correct ?  

bitcoin price is 65 times higher than iota,  (26/0.40)

Iota price is like having 1 bitcoin at 40$ when it was launched,  (2600/65)

pretty expensive iota right now, isn't it?
price should be  at least 40 times lower

around 0.01$ / mIOTA


You clearly haven't got a clue, move on please.

whats wrong on the calc ?
0.01$/ mIOTA is pretty high value for a coin thats on beta,
its like bitcoin at 1$ when it was launched, its not even a low price 0.01$/mIOTA

any way, considering bitcoin value proyection is of 100 000$ to 1 million each bitcoin, 2600$ is cheap,
so also is iota having 65 times lower price,

however what i said was considering its still something just launched and in beta test,
maybe in 2 years 0.40$ / mIOTA would be a dirty cheap dreamed price
full member
Activity: 171
Merit: 100
June 18, 2017, 01:43:46 PM
bitcoin / iota total supply:
2,100,000,000,000,000 satoshis
2,700 000 000 000 000 iotas

right now
1 000 000 - iotas  is 0.40 $
1 000 000 - satoshis is 26$

is that correct ?  

bitcoin price is 65 times higher than iota,  (26/0.40)

Iota price is like having 1 bitcoin at 40$ when it was launched,  (2600/65)

pretty expensive iota right now, isn't it?
price should be  at least 40 times lower

around 0.01$ / mIOTA

You missed the fact that IOTA is launched for almost 2years.  
You know about something now don't means that it exist since yet.
There was a time when IOTA was really cheap...


Quote
Definitely interesting. So you have by math a reply to what it'd be a right price... well I see people that bought during ICO time and now they're selling all. By their opinion iota is overvalued. If not why there is a sell offer in a bid list on bitfinex?

On my own I don't understand a good value for iota. My doubt is: if iota is for small transaction well iota has to be at a low price. It's the power of logic but not for an exchange mind oriented.

How can you see someone has bought during ico and selling all now?  
And having ask and bid orders is called a "market" - ever heard about it?

I agree with you that you don't understand IOTA.
Here is link that may help you out:   http://www.iotasupport.com/
One IOTA for a valued transaction cost around 0.0000004 usd - this is not a low price in your mind?
Seems the power of logic is not with you ...
sr. member
Activity: 645
Merit: 487
June 18, 2017, 01:18:47 PM
bitcoin / iota total supply:
2,100,000,000,000,000 satoshis
2,700 000 000 000 000 iotas

right now
1 000 000 - iotas  is 0.40 $
1 000 000 - satoshis is 26$

is that correct ?  

bitcoin price is 65 times higher than iota,  (26/0.40)

Iota price is like having 1 bitcoin at 40$ when it was launched,  (2600/65)

pretty expensive iota right now, isn't it?
price should be  at least 40 times lower

around 0.01$ / mIOTA

Definitely interesting. So you have by math a reply to what it'd be a right price... well I see people that bought during ICO time and now they're selling all. By their opinion iota is overvalued. If not why there is a sell offer in a bid list on bitfinex?

On my own I don't understand a good value for iota. My doubt is: if iota is for small transaction well iota has to be at a low price. It's the power of logic but not for an exchange mind oriented.
full member
Activity: 185
Merit: 100
June 18, 2017, 01:10:34 PM
It's funny when I play around testing the speed of transcations sending iota to my own wallet, I later check my balance assuming it's lower because of fees, but then I remember there are no transaction fees.  Grin
legendary
Activity: 1092
Merit: 1000
June 18, 2017, 12:52:29 PM
bitcoin / iota total supply:
2,100,000,000,000,000 satoshis
2,700 000 000 000 000 iotas


right now
1 000 000 - iotas  is 0.40 $
1 000 000 - satoshis is 26$

is that correct ?  

bitcoin price is 65 times higher than iota,  (26/0.40)

Iota price is like having 1 bitcoin at 40$ when it was launched,  (2600/65)

pretty expensive iota right now, isn't it?
price should be  at least 40 times lower

around 0.01$ / mIOTA


You clearly haven't got a clue, move on please.
sr. member
Activity: 262
Merit: 250
June 18, 2017, 12:31:52 PM
bitcoin / iota total supply:
2,100,000,000,000,000 satoshis
2,700 000 000 000 000 iotas


right now
1 000 000 - iotas  is 0.40 $
1 000 000 - satoshis is 26$

is that correct ?  

bitcoin price is 65 times higher than iota,  (26/0.40)

Iota price is like having 1 bitcoin at 40$ when it was launched,  (2600/65)

pretty expensive iota right now, isn't it?
price should be  at least 40 times lower

around 0.01$ / mIOTA

sr. member
Activity: 645
Merit: 487
June 18, 2017, 12:09:29 PM
OK I understand
legendary
Activity: 2142
Merit: 1010
Newbie
June 18, 2017, 12:07:55 PM
PLEASE stop betting!

This is a forum not a Casino online!  Roll Eyes

If you like to play so there is a pm system for you. Otherwise please let us read your thoughts without stupid monetary duel.


Thanx

Betting allows to distinguish trolls from the others.
sr. member
Activity: 645
Merit: 487
June 18, 2017, 12:06:45 PM
Strange how you beg me for BTC while you refuse to make your "verified" rich list available on the public block explorer.

Words are cheap. At this point you have only one option: to accept the bet and then we'll continue. You have 24 hours, after that (if you don't accept the bet) you'll be banned from this thread like few other trolls before you.

PLEASE stop betting!

This is a forum not a Casino online!  Roll Eyes

If you like to play so there is a pm system for you. Otherwise please let us read your thoughts without a stupid monetary duel.


Thanx
legendary
Activity: 2142
Merit: 1010
Newbie
June 18, 2017, 10:56:19 AM
Strange how you beg me for BTC while you refuse to make your "verified" rich list available on the public block explorer.

Words are cheap. At this point you have only one option: to accept the bet and then we'll continue. You have 24 hours, after that (if you don't accept the bet) you'll be banned from this thread like few other trolls before you.
sr. member
Activity: 546
Merit: 257
Have you found the Yellow Sign?
June 18, 2017, 10:54:37 AM
Why aren't you honest with the posters here? Just admit to them you've been dumping all day every day since the listing.

One FUD attempt at a time. First we sort out this:

Of course, I'll trust you as the source for a richlist when you can't even provide this service 24/7 in the block explorer.

Let's get this right: the developer and lead pumper provides an unverifiable "rich list" which isn't shown on the official block explorer, and I'm expected to believe it? 2.7 billionx1000 coins is the cap of IOTA, and nobody can prove otherwise.


Smells really legitimate.

Let's bet for 1 BTC that the rich list is verifiable. Do you accept the bet?

...then we move to the next attempt. So, do you accept the bet?

Strange how you beg me for BTC while you refuse to make your "verified" rich list available on the public block explorer.
full member
Activity: 172
Merit: 100
June 18, 2017, 09:31:58 AM
It seems IOTA is also following similar path like Zcash, initially limited supply and very high price then consolidation after that supply increases slowly and price is increasing so as total market cap.
legendary
Activity: 2142
Merit: 1010
Newbie
June 18, 2017, 09:24:41 AM
Why aren't you honest with the posters here? Just admit to them you've been dumping all day every day since the listing.

One FUD attempt at a time. First we sort out this:

Of course, I'll trust you as the source for a richlist when you can't even provide this service 24/7 in the block explorer.

Let's get this right: the developer and lead pumper provides an unverifiable "rich list" which isn't shown on the official block explorer, and I'm expected to believe it? 2.7 billionx1000 coins is the cap of IOTA, and nobody can prove otherwise.


Smells really legitimate.

Let's bet for 1 BTC that the rich list is verifiable. Do you accept the bet?

...then we move to the next attempt. So, do you accept the bet?
full member
Activity: 140
Merit: 100
Never too old to learn
June 18, 2017, 09:23:49 AM
ATM i think the price is high only because of Bitfinex. Without good promotion we will see much more cheap IOTA's.

i agree with this, and will grab some giota when the price fall
sr. member
Activity: 462
Merit: 252
Buy/Sell crypto at BestChange
June 18, 2017, 09:13:04 AM
ATM i think the price is high only because of Bitfinex. Without good promotion we will see much more cheap IOTA's.
member
Activity: 68
Merit: 10
June 18, 2017, 09:10:28 AM
but it keeps on going down.. Undecided Undecided Undecided

Few days ago it was below 1B, now it's above 1B. You are holding your phone upside down, it seems.

u are just half right, that was during bitcoin crisis.. everything went down..

most of them going up now but not IOTA.. still keep sliding down Cry Cry Cry
sr. member
Activity: 546
Merit: 257
Have you found the Yellow Sign?
June 18, 2017, 08:47:46 AM
but it keeps on going down.. Undecided Undecided Undecided

Few days ago it was below 1B, now it's above 1B. You are holding your phone upside down, it seems.

Why aren't you honest with the posters here? Just admit to them you've been dumping all day every day since the listing.
member
Activity: 68
Merit: 10
June 18, 2017, 08:25:13 AM
but it keeps on going down.. Undecided Undecided Undecided

Give it a little bit more time. Early adopters selling a part of their holdings to get back their investment. Look at the price chart before it was listed at bitfinex. So no worry ;-)
http://iotaprice.com/
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