me and a friend are selling 200k IOTA for 10 BTC in total, the friend is holding the coins. With escrow of course!
Wow the price has really skyrocketed.
It's not the price. It's just a sell offer.
Half that iota has sold at half that price. It was the same amount per iota (100,000 for 5 BTC. @ 5000 satoshi). Of course to be fair it didn't happen until after you wrote this.
It's no surprise because its still so low compared to other projects of lesser caliber trading for much, much more. We are still far from establishing it's true value. The IOU factor is pulling the price down considerably lower than what it will be once buyers are receiving their coins at the time of sale.
There's a risk involved, people can get screwed. The buyers that take this risk, and receive their coins will be rewarded. I can't see the risk being gone and the coins costing less.
I say this because that would mean that there would be LESS demand for Iotas. How could the demand go down once there is less risk. That would mean that more people would rather buy iotas and risk not getting them, than people wanting to buy iotas with a guarantee of getting them.
So the demand will rise with every buyer who would not take that risk entering the market.
So those who take the risk will get
paid for taking that chance, as long as they found someone who will send them their coins. That's the only way I see them failing to make a profit. Barring the Tangle failing to work, which I see as extremely unlikely with CFB at the helm and successful testing currently.
O'la to iota participants,
through observation & a glipse into Cfb vision, not to
Often does somethg come along & attract a great deal
Of amount of attention, unless theres a demand for it.
Could it be Iota maybe one of those once in a life time
projects that embodies a certain kind of new energy,
its innovation [Tangle] is being sort after by
big interest groups, partnerships underway,
alliances forming, & undeniably major corporate interest in iota may jus be sign of things to come.
Usually one have to read between the lines to
to know when that special somethg arrives & by being
a visionary, positioning yourselves early, you'll
More than likely to be handsomely rewarded
for your belief when Many others lacked foresight.
A paradigm shift occurring & the advancement
Of blockchain & related innovation at some
Point will have transformed & intercepted every industry in the financial & non-financial sector
Mainstream Adoption is the key leading ingredient
For any crypto 2.o - crypto 3.o project seeking longivity.
Iota high volume OTC trades & slight constant rise
in value each & every day, is a very strong indication of somthing big.
It appears by the time it reaches an exchange there will be herd of panic buying tryna to their hands on as many iota they can get.
Peer2peer360