Topic: IOTA - buy some more? - page 16. (Read 6968 times)
Sometimes you miss opportunity that will make you to start regretting in the future. I had always believed in IOTA but never invested in it. Now it is going to the moon and I regret creeps in. Had I known!
IOTA had a great run and got beyond our expectations in short term. After reaching around $5 it started to stall but i'm very optimistic about IOTA's future and i believe it's till in very low price considering it's bright future. If you really want to buy IOTA you can wait a bit so it will go down around $3 and then you can buy some big amounts and make profit in long term.
i totally agree with this, IOTA will rise in 2018, maybe 15$ - 20$ is possible!
Why are there so many coins?
2.779.530.283 MIOTA
2.779.530.283 MIOTA
Because there are no decimals. 1 IOTA is the smallest unit and 1 MIOTA (what you buy on exchanges) is 1,000,000 IOTA. Make sense?
Dont understand that?
What you say is that we have 2.779.530.283 MIOTA to buy on exchanges, right?
1 IOTA isnt worth to talk about imo if you cant buy it.
So we have 2 Billion, 779 Million + coins ---- compared to 16.753.075 BTC for example?
The base unit of IOTA matters as machines and microtransactions are the intended use. If you look at the data marketplace you'll see that most sensor data is sold in the hundreds of IOTA, not millions. If you bought on an exchange and purchased data, your MIOTA would be broken in down to the base unit of IOTA.
If you are only hodling as an investment and have no plans on using your IOTA for buying data or m2m--yes, you are trading in your listed amounts in millions of IOTA (MIOTA)--though there may come a time when exchanges trade it in smaller bundles of 100,000..10,000...1,000...100..10, so it's better to understand this distinction now, rather then be confused if a change occurs.
it is absolutely accurate;)
I mean istn it that then lower the amoun of total available coins is, the more "valuable" are the coins or can they bè?
IOTA has around 100 times more available coins than BTC for example, for what reason??
The reason is because the base unit can't be broken down into decimals, so you need more coins for mass usage.
I believe they don't use decimals because it decreases the computational load on machines, but I'm not certain of that answer as I'm still learning how everything works and why they've made certain decisions.
EDIT: Apparently decimals do not work well with a ternary computation, which is what Iota uses.
If the total supply will be increased (look at other answers to see why they would be increased), all holdings would be multiplied by a number that results in the total supply still being an ideal number for ternary computing.
Ideal for ternary/trinary computing
Ternary computing uses a number system that has only 3 different digits [0,1,2] often also denoted as [-1,0,+1] (balanced ternary) or just [-,0,+].
It's just like the decimal system uses 10 different digits [0,1,2,3,4,5,6,7,8,9] and the binary system uses 2 different digits [0,1]
Ternary ideal numbers are consisting of only the digit with the highes value 2
e.g. 222 222 222
Furthermore they should probably have a length that is divisible by 3 or even a number that has a cubic root of 3 or multiple of 3 because that's how ternary hardware would be built. (Similar to binary hardware which stores data in bytes = 8 bits)
--From https://iota.stackexchange.com/questions/210/will-the-total-supply-of-iota-tokens-ever-increase/212#212
IOTA had a great run and got beyond our expectations in short term. After reaching around $5 it started to stall but i'm very optimistic about IOTA's future and i believe it's till in very low price considering it's bright future. If you really want to buy IOTA you can wait a bit so it will go down around $3 and then you can buy some big amounts and make profit in long term.
the Bosch group is now partner of IOTA, the made an big iinvestment in IOTA. If someone didnt know about Bosch, its one of germanys oldest and most important high tech player in all parts of industry, robots, automotiv. And i said german company, not US or chinese or anything else...:
https://cointelegraph.com/news/iota-gets-substantial-investment-from-bosch-group-vc
https://cointelegraph.com/news/iota-gets-substantial-investment-from-bosch-group-vc
Probably, with the nice partnership they got and the technology which is still in development, it could become more popular. The price could increase a lot also. It's a good investment
MIOTA is a good coin,very undervalued right now but people will soon realize when the price is too high to afford.
Why are there so many coins?
2.779.530.283 MIOTA
2.779.530.283 MIOTA
Because there are no decimals. 1 IOTA is the smallest unit and 1 MIOTA (what you buy on exchanges) is 1,000,000 IOTA. Make sense?
So 2.779.530.283 IOTA are available in total?
Now i understand?
IOTA is 2,779,530,283,277,761 MIOTA is 2,779,530,283
Satoshi is 21,000,000,000,000,000 BTC is 21,000,000
Right?
Specialty coffee roaster now accepting IOTA!
https://www.reddit.com/r/Iota/comments/7l2b97/specialty_coffee_roaster_now_accepting_iota/
https://www.reddit.com/r/Iota/comments/7l2b97/specialty_coffee_roaster_now_accepting_iota/
Why are there so many coins?
2.779.530.283 MIOTA
2.779.530.283 MIOTA
Because there are no decimals. 1 IOTA is the smallest unit and 1 MIOTA (what you buy on exchanges) is 1,000,000 IOTA. Make sense?
So 2.779.530.283 IOTA are available in total?
Hi guys,
When I found IOTA I was totally enthusiastic and of course I bought some coins;) I think it will be great investment because IoT in future, but I wanna know your opinion. Do you expect that the price will go higher and why? And should I buy some more?
When I found IOTA I was totally enthusiastic and of course I bought some coins;) I think it will be great investment because IoT in future, but I wanna know your opinion. Do you expect that the price will go higher and why? And should I buy some more?
In my own opinion those altcoins has the best price in terms of marketing at first but when the time comes that coins has been already released in the market then eventually the price will always decrease in half.
Why are there so many coins?
2.779.530.283 MIOTA
2.779.530.283 MIOTA
Because there are no decimals. 1 IOTA is the smallest unit and 1 MIOTA (what you buy on exchanges) is 1,000,000 IOTA. Make sense?
Dont understand that?
What you say is that we have 2.779.530.283 MIOTA to buy on exchanges, right?
1 IOTA isnt worth to talk about imo if you cant buy it.
So we have 2 Billion, 779 Million + coins ---- compared to 16.753.075 BTC for example?
The base unit of IOTA matters as machines and microtransactions are the intended use. If you look at the data marketplace you'll see that most sensor data is sold in the hundreds of IOTA, not millions. If you bought on an exchange and purchased data, your MIOTA would be broken in down to the base unit of IOTA.
If you are only hodling as an investment and have no plans on using your IOTA for buying data or m2m--yes, you are trading in your listed amounts in millions of IOTA (MIOTA)--though there may come a time when exchanges trade it in smaller bundles of 100,000..10,000...1,000...100..10, so it's better to understand this distinction now, rather then be confused if a change occurs.
it is absolutely accurate;)
I mean istn it that then lower the amoun of total available coins is, the more "valuable" are the coins or can they bè?
IOTA has around 100 times more available coins than BTC for example, for what reason??
The only Christmas tree that I need 
https://www.reddit.com/r/Iota/comments/7l6qq3/the_only_christmas_tree_that_i_need/
https://www.reddit.com/r/Iota/comments/7l6qq3/the_only_christmas_tree_that_i_need/
nothing else? Not even byteball?
The only Christmas tree that I need
https://www.reddit.com/r/Iota/comments/7l6qq3/the_only_christmas_tree_that_i_need/
https://www.reddit.com/r/Iota/comments/7l6qq3/the_only_christmas_tree_that_i_need/
Why are there so many coins?
2.779.530.283 MIOTA
2.779.530.283 MIOTA
Because there are no decimals. 1 IOTA is the smallest unit and 1 MIOTA (what you buy on exchanges) is 1,000,000 IOTA. Make sense?
Dont understand that?
What you say is that we have 2.779.530.283 MIOTA to buy on exchanges, right?
1 IOTA isnt worth to talk about imo if you cant buy it.
So we have 2 Billion, 779 Million + coins ---- compared to 16.753.075 BTC for example?
The base unit of IOTA matters as machines and microtransactions are the intended use. If you look at the data marketplace you'll see that most sensor data is sold in the hundreds of IOTA, not millions. If you bought on an exchange and purchased data, your MIOTA would be broken in down to the base unit of IOTA.
If you are only hodling as an investment and have no plans on using your IOTA for buying data or m2m--yes, you are trading in your listed amounts in millions of IOTA (MIOTA)--though there may come a time when exchanges trade it in smaller bundles of 100,000..10,000...1,000...100..10, so it's better to understand this distinction now, rather then be confused if a change occurs.
it is absolutely accurate;)
Why are there so many coins?
2.779.530.283 MIOTA
2.779.530.283 MIOTA
Because there are no decimals. 1 IOTA is the smallest unit and 1 MIOTA (what you buy on exchanges) is 1,000,000 IOTA. Make sense?
Dont understand that?
What you say is that we have 2.779.530.283 MIOTA to buy on exchanges, right?
1 IOTA isnt worth to talk about imo if you cant buy it.
So we have 2 Billion, 779 Million + coins ---- compared to 16.753.075 BTC for example?
The base unit of IOTA matters as machines and microtransactions are the intended use. If you look at the data marketplace you'll see that most sensor data is sold in the hundreds of IOTA, not millions. If you bought on an exchange and purchased data, your MIOTA would be broken in down to the base unit of IOTA.
If you are only hodling as an investment and have no plans on using your IOTA for buying data or m2m--yes, you are trading in your listed amounts in millions of IOTA (MIOTA)--though there may come a time when exchanges trade it in smaller bundles of 100,000..10,000...1,000...100..10, so it's better to understand this distinction now, rather then be confused if a change occurs.
Here is a detailed analysis on IOTA that would be of some help for you. This might answer your question in a more scientific way https://bharatafinance.com/iota-analysis-review-should-you-invest-in-iota/
IOTA went on a stellar run recently fueled by rumours of big industry deals which may or may not materialise. I think the token has a good future although competition is already coming fast.
IOTA will partner with autonomous vehicle Producer
https://www.reddit.com/r/Iota/comments/7l5a1h/iota_will_partner_with_autonomous_vehicle_producer/
https://www.reddit.com/r/Iota/comments/7l5a1h/iota_will_partner_with_autonomous_vehicle_producer/
His is not the only great partner behind the IOTA project is far more.
IOTA will partner with autonomous vehicle Producer
https://www.reddit.com/r/Iota/comments/7l5a1h/iota_will_partner_with_autonomous_vehicle_producer/
https://www.reddit.com/r/Iota/comments/7l5a1h/iota_will_partner_with_autonomous_vehicle_producer/
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