aaaand that's about the max that will be raised.
I don't see many more buying now that the 15% incentive is gone.
Congratulations, everyone on the extra 15%. Effectively everyone has 0% extra because we all cancel eachother out
Unless of course I'm wrong and a lot more is raised from here on out.
No, because if more money comes in, it dilutes your % of IOTA more than what you earn for that 15% extra. So being selfish, with less money for IOTA development, you will get more IOTAs if no one else buys anymore and the 15% extra is denied.
This glances over the most important variable: a healthy and self-sustaining community. We can develop the best technology in the universe and still have it fail if we don't get traction, as we've seen with millions of examples throughout history. So the more people who buy = more funding for development/growth of ecosystem and a more vital community, which in the long run will make the IOTAs infinitely more useful than if they are just scarce.
So, we just paid money for becoming community members?
Yes entrance fee to the exclusive group! Haha, no. But I think a lot people get too caught up in the numbers and fail to see the big picture. Sure owning a bigger % of something always seems the best, but if owning a big portion means that there are less people who care about the thing, then it's self-defeating. Liquidity and an active community is vital to organic growth. The IOTA community that we will run ( anyone is free to create their own, IOTA is 100% decentral ) will focus soley on growth of IOTA adoption and not discuss IOTA value from day to day at all, as that is just detrimental. Just look at nxtforum, which thread is most popular? Price speculation. When price speculation is more active than the enthusiasm in getting the project to be useful in the real world, then it's a sure sign of doom.
A good distribution is nice, but its not the main point. I participated on many crowdsales and it was nearly always, that I got less in the crowdsale, than I could have gotten, if I bought it after release. Only ethereum brought a little more, but not really compared to the price of btc at that time and it seems like it could still reach lower points.
Sadly I didn't know about NXT early enough, although it didn't have a good distribution... But now, as it IS distributed better: decline... decline... decline
This said, the main points are technology, marketing and most important: DIRECT usefulness. I am not talking of about features. No. Every person out there asks one simple question: Where can I pay with it. If you can't answer this, just forget it. Look at bitcoin.
At the beginning it was worth a shit! 10000 BTC for a pizza... maybe a market cap of 5000 - 10000?
Why? Noone knew about it? No, maybe not enough, but more important: Noone could USE it the way it was created for. To PAY! So it was useless! Regardless community!
And now all new coins think they can start just like bitcoin. The beginning is low and it will grow from itself and the rest will come. But that doesn't work.
Because - whether you wanted or not - you started a fight against BTC.
Maybe some BTC-Holder says: This coin is nice and has awesome features, I will buy it.
But that means, he will exchange a few of his BTC into that coin. Not Fiat, no! Only BTC (or maybe some other coins that are more useless at that time)!
And he will always have more trust in BTC, because he can use it on way more places. So he will only spend a fraction of his BTC.
And wether it will go up or down (and mostly it went down). Most of those guys will sell it sooner or later, because they feel more secure with the BTC, because they can spend it.
Thats why you can only succeed, if you make your coin being accepted on many places as well.
But lets see, maybe I am completely wrong and with the next BTC-Rally everything will raise with it. But honestly I am doubting that...