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Topic: IOTA - page 372. (Read 1473405 times)

hero member
Activity: 689
Merit: 507
March 20, 2017, 12:21:25 PM
IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

Totally different. Future bitcoins don't exist and are to be mined during the next decades.
Byteball are already created and distribution is the "prince's will". They all will be distributed in 18 months.
The money supply already exists.

Please read my reply to zanzibar.

Anyone can choose the best math for his own interest or point of view, but the wiser or experimented trader will easily acknowledge that future BTC are not even created and far from being created (decades), there is no uncertainty and at this stage it won't trigger a massive dump and distribution.
Conversely, the wiser will anticipate that 87 % of Byteball are going to be distributed in a matter of months, and that the whole current marketcap is highly linked to the coins left to be issued, not the coins already issued ! When 75% are issued, in about a year, the marketcap, based on issued coins, will be more relevant.

But hey, it is Iota thread !
sr. member
Activity: 269
Merit: 250
March 20, 2017, 11:23:53 AM
Quote from: Spratan link=topic=1216479.msg18265393#ms
Totally different. Future bitcoins don't exist and are to be mined during the next decades.
Byteball are already created and distribution is the "prince's will". They all will be distributed in 18 months.
The money supply already exists.

Actually the prince can still change his mind and distribute the coins he holds in 18 days instead of 18 months while PoW is creating coins based on a mechanism.
sr. member
Activity: 481
Merit: 250
March 20, 2017, 11:13:28 AM
Large amount of IOTA might be considered as frozen until we reach certain marketcap, so IOTA circulating supply is less than dozen Ti maybe. It's highly manipulative market anyway. IOTA initial distribution is not optimal at all (in that sense I prefer Byteball or Clam).

Iotas distribution is actually better ...

https://medium.com/@IngoFiedler_96862/the-distribution-of-iota-tokens-dc70ea49b148#.s6gtiekep

Note that this is using data from 4th februaray , lots of trading since then
legendary
Activity: 1162
Merit: 1008
March 20, 2017, 11:08:23 AM
 Large amount of IOTA might be considered as frozen until we reach certain marketcap, so IOTA circulating supply is less than dozen Ti maybe. It's highly manipulative market anyway. IOTA initial distribution is not optimal at all (in that sense I prefer Byteball or Clam).
legendary
Activity: 2124
Merit: 1013
K-ing®
March 20, 2017, 10:46:42 AM
IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).


you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

when someone ask you how many BTC are?? you say 21 million or  16225300??
hero member
Activity: 689
Merit: 507
March 20, 2017, 10:45:57 AM
IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

Totally different. Future bitcoins don't exist and are to be mined during the next decades.
Byteball are already created and distribution is the "prince's will". They all will be distributed in 18 months.
The money supply already exists.
hero member
Activity: 715
Merit: 500
March 20, 2017, 10:02:12 AM
IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions. 

Not true my friend.

Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

It's different. BTC is mined and "created" whereas all BB is already created but 90% held by lead dev.
hero member
Activity: 734
Merit: 500
March 20, 2017, 09:08:26 AM

actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?

About 20BTC/Ti

I have 3 Gi,
How many bitcoin if want to sell???

If        1 Ti  = 20 BTC
=> 100 Gi = 2 BTC
=>    1 Gi = 0.02 BTC
=>    3 Gi = 0.06 BTC
full member
Activity: 121
Merit: 100
March 20, 2017, 08:42:03 AM

actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

true, im selling a small portion i have, but i put the btc back into bids after i sold.
im learning to market make. profits will go back into iota ecosystem..
member
Activity: 119
Merit: 13
March 20, 2017, 08:33:21 AM

actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?

About 20BTC/Ti

I have 3 Gi,
How many bitcoin if want to sell???
ImI
legendary
Activity: 1946
Merit: 1019
March 20, 2017, 08:18:29 AM

actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?

About 20BTC/Ti
legendary
Activity: 2703
Merit: 1179
Reflinks und User die solche posten sind Scheisse
March 20, 2017, 08:16:37 AM

actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink

What is the current price?
ImI
legendary
Activity: 1946
Merit: 1019
March 20, 2017, 08:06:02 AM

actually @admin is CfB in YDX slack.


actually @luey is selling like there is no tomorrow in YDX slack.  Wink
legendary
Activity: 1540
Merit: 1000
March 20, 2017, 07:56:32 AM

actually @admin is CfB in YDX slack.

Are you sure?  Cheesy Cool
sr. member
Activity: 269
Merit: 250
March 20, 2017, 07:28:58 AM
It is true everywhere.
For instance, if I create a coin with a distribution of 1'000'000. Then I release 1 unit to the market and buy it with $100. Do I have a $100'000'000 marketcap?

That is why you don't apple to apple compare those two levels.
sr. member
Activity: 269
Merit: 250
March 20, 2017, 07:11:52 AM
IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).
you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions. 
Not true my friend.
Do you calculate BTC marketcap by multiplying coin price with Circulating Supply or 21 million?

It is true if you want to do an apple to apple comparison with IOTA's market cap.
full member
Activity: 121
Merit: 100
March 20, 2017, 06:52:34 AM
Get this topic back on track: IOTA, Use cases, Go!


Okay.
This is a german website, but i havent found an english version of the news. They say, that innogy is going to launch 1000 "blockchain" based electric car charging stations. Well IOTA isnt blockchain based, but IOTA was cookerating with Innogy right? Can someone explain this?

http://www.wiwo.de/impressum/nutzungshinweise/blocker/?callback=%2Funternehmen%2Fenergie%2Felektromobilitaet-innogy-nimmt-1000-blockchain-basierte-e-tankstellen-in-betrieb%2F19525166.html


maybe it's easier for people to interpret blockchain as general crypto.
maybe it's just the way media is, they write whatever that can catch attention.
maybe its because they are using more than one tech(blockchain+tangle).

No outsiders know for sure, you'd have to ask Innogy themselves.
What we do know is, they are working with iota in one way or another.
full member
Activity: 121
Merit: 100
March 20, 2017, 06:44:34 AM
Meanwhile fudders hesitate to buy, the price is still increasing.
Sure, CfB @admin sells at 25-29 and put 10 BTC buywall at 19... Free market, certainly, tell me.

I don't think CfB is @admin at YDX slack which is owned by Yassin. It could be Yassin or someone who works with him at YDX or someone else.

actually @admin is CfB in YDX slack.
and he is free to trade if he wishes so in a free market.

i used to trade in with supernet's assets and the lead dev there always has sell and buy walls.
in fact if you have traded nxt assets before, there is a lot of buy and sells from owners.
legendary
Activity: 1190
Merit: 1000
March 20, 2017, 06:36:37 AM
Get this topic back on track: IOTA, Use cases, Go!


Okay.
This is a german website, but i havent found an english version of the news. They say, that innogy is going to launch 1000 "blockchain" based electric car charging stations. Well IOTA isnt blockchain based, but IOTA was cookerating with Innogy right? Can someone explain this?

http://www.wiwo.de/impressum/nutzungshinweise/blocker/?callback=%2Funternehmen%2Fenergie%2Felektromobilitaet-innogy-nimmt-1000-blockchain-basierte-e-tankstellen-in-betrieb%2F19525166.html
sr. member
Activity: 269
Merit: 250
March 20, 2017, 06:29:29 AM
IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions. 
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