[IOTA] IOTA Speculation - page 60. | Bitcointalksearch.org

Jabbawa

full member

Activity: 179

Merit: 100

Quote from: IOTUSA on July 13, 2016, 05:45:05 PM

Quote from: Jabbawa on July 13, 2016, 05:22:22 PM

I did make that mistake with Eth, selling A LOT under $2. Now I hold a tiny fraction of what I once did.

I won't be making that mistake with any of the real crypto projects i now hold... IOTA and SAFE - chainless innovations/solutions over bloated blockchain copycats ftw!

Bet I got you beat on selling ETH too early

I had 75.000 in the crowdsale and sold 80%+ under $2. Still not as bad as dumping 50k Litecoin back in the day for $1.30 less than a month before it hit $40

You win some, you lose some right

You got me beat by 3x, but i sold 90% Angry

You still win, but I'm still pissed lol.

Crypto nightmares... some lessons (even really expensive ones) are worth learning if they teach you something valuable. Now I stick with fundamentals and practice patience. I'm a long term bag holder for gems now, no more trying to be clever and outsmart the market when I can just back the best horses and get on with the important things in life while I wait.

IOTUSA

sr. member

Activity: 504

Merit: 250

Quote from: Jabbawa on July 13, 2016, 05:22:22 PM

I did make that mistake with Eth, selling A LOT under $2. Now I hold a tiny fraction of what I once did.

I won't be making that mistake with any of the real crypto projects i now hold... IOTA and SAFE - chainless innovations/solutions over bloated blockchain copycats ftw!

Bet I got you beat on selling ETH too early

I had 75.000 in the crowdsale and sold 80%+ under $2. Still not as bad as dumping 50k Litecoin back in the day for $1.30 less than a month before it hit $40

You win some, you lose some right

Jabbawa

full member

Activity: 179

Merit: 100

I did make that mistake with Eth, selling A LOT under $2. Now I hold a tiny fraction of what I once did.

I won't be making that mistake with any of the real crypto projects i now hold... IOTA and SAFE - chainless innovations/solutions over bloated blockchain copycats ftw!

cloudboy

hero member

Activity: 690

Merit: 501

Quote from: IOTUSA on July 13, 2016, 05:14:20 PM

The real value in crypto isn't "hype" but the trust and investment of a few large Bitcon holders. Same for Ethereum.

Believe me, I didn't mean that it was. I simply mean that for the initial price point, it's a huge factor. Obviously not for long term success. I think most IOTA hodlers are in it for the long term, however, so no problems there Grin

IOTUSA

sr. member

Activity: 504

Merit: 250

Quote from: cloudboy on July 13, 2016, 05:09:09 PM

Quote from: IOTUSA on July 13, 2016, 05:03:49 PM

Quote from: Jabbawa on July 13, 2016, 04:54:17 PM

We need a 300/Sparta meme really.... HODL!!! lolz

When you consider potential for IOTA consider this.

There has been exactly one launch of a crypto thay does things differently than Bitcoin (and I don't mean some dark send, new algorithm, or "business idea") and thay is Ethereum.

Ethereum brought smart contracts language and rose from an initial $200 million to at peak over $2 billion in market cap.

IOTA is the first machine to machine payment crypto that works without fees, has its own (will have) dedicated processing architecture and relies on tangle instead of a heavyweight Blockchain.

Now ask yourself. Do you want to sell at $20 million market cap and risk being the person who sold Ethereum at $0.50

Thats all I have to say.

IOTA doesn't have 1/10 the hype that Ethereum had at launch. I believe that if IOTA continues to work well and is continually improved, it will be huge. However, there's no way its launch market cap will compete with the launch of Eth.

Not sure if I agree or not. If you remember Ethereum launching there was no wallet, no hype (most people called it a scam) and price swung wildly.

I personally see no reason IOTA shouldn't be worth $100 million day-1. I'm not saying it's going to happen, but I don't find it odd if it does.

The real value in crypto isn't "hype" but the trust and investment of a few large Bitcon holders. Same for Ethereum.

cloudboy

hero member

Activity: 690

Merit: 501

Quote from: IOTUSA on July 13, 2016, 05:03:49 PM

Quote from: Jabbawa on July 13, 2016, 04:54:17 PM

We need a 300/Sparta meme really.... HODL!!! lolz

When you consider potential for IOTA consider this.

There has been exactly one launch of a crypto thay does things differently than Bitcoin (and I don't mean some dark send, new algorithm, or "business idea") and thay is Ethereum.

Ethereum brought smart contracts language and rose from an initial $200 million to at peak over $2 billion in market cap.

IOTA is the first machine to machine payment crypto that works without fees, has its own (will have) dedicated processing architecture and relies on tangle instead of a heavyweight Blockchain.

Now ask yourself. Do you want to sell at $20 million market cap and risk being the person who sold Ethereum at $0.50

Thats all I have to say.

IOTA doesn't have 1/10 the hype that Ethereum had at launch. I believe that if IOTA continues to work well and is continually improved, it will be huge. However, there's no way its launch market cap will compete with the launch of Eth.

IOTUSA

sr. member

Activity: 504

Merit: 250

Quote from: Jabbawa on July 13, 2016, 04:54:17 PM

We need a 300/Sparta meme really.... HODL!!! lolz

When you consider potential for IOTA consider this.

There has been exactly one launch of a crypto thay does things differently than Bitcoin (and I don't mean some dark send, new algorithm, or "business idea") and thay is Ethereum.

Ethereum brought smart contracts language and rose from an initial $200 million to at peak over $2 billion in market cap.

IOTA is the first machine to machine payment crypto that works without fees, has its own (will have) dedicated processing architecture and relies on tangle instead of a heavyweight Blockchain.

Now ask yourself. Do you want to sell at $20 million market cap and risk being the person who sold Ethereum at $0.50

People that look at IOTA and say "But it's like way over ICO" aren't understanding anything about the project.

IOTA is the fruit of over 2 years of labor starting back in 2014, and the ICO was simply a way of spreading ownership while being able to finish development. Not a get rich quick scheme. If David just wanted to get filthy rich in an instant he could have set the ICO up for 3 months, hyped the shit out of it and walked off with $20 million.

Everyone is free to value IOTA however they want, but don't compare it to copy paste coins or ICO scams. The team has already proven it's neither.

Thats all I have to say.

Jabbawa

full member

Activity: 179

Merit: 100

We need a 300/Sparta meme really.... HODL!!! lolz

Jabbawa

full member

Activity: 179

Merit: 100

Quote from: IOTUSA on July 13, 2016, 04:48:37 PM

Quote from: Jabbawa on July 13, 2016, 04:43:50 PM

I can't believe this is still going... how are we getting so much mileage out of him?

At the end of the day it couldn't be simpler. We are holding on to something very precious, there are only 300 of us. If all goes well what we hold could put 3 or 4 '0's on what we invested over the next decade. In order for most of us to part with some you'll have to really make it worth our while to hedge a bit of risk.

Thousands of non-existent sellers aren't going to flood the market on polo on D day. I'd wager more than half of us will not even send any to poloniex on the first day because we're in this for the long haul potential. So, if you only have a dozen or so people willing to sell a part of their stash down at these 1-3btc per 100gi prices, why do you think we'll all suddenly jump on the chance to sell them for less on polo in a week or two?!

IOTAs market capitalisation could go anywhere, but the market has already decided that it's between $10-$30M with very few knowing of it's existence. Who knows, maybe it will dip down to $5-$10M, but it seems far more likely that demand for those coins will greatly exceed supply, and like soooo may crypto projects before it, it has huge MEWN potential in short and long term.

Just 300 ico holders... remember that admiral_optimistic. GL with your bet and hopeful buy orders on launch day Tongue

Less than 300, several larger holders have been buying up smaller batches and consolidating. Bigiotabig alone has taken out 20-30 smaller sellers. I would be surprised if we open under $25 million, and even more surprised if we trade under $100 million within 3-6 months.

Likewise... I'm not going to risk trying to get smart by trading this early either.

My offer above is really just to get myself back on the list - he took me off when he decided my previous offer wasn't serious Wink

lol

IOTUSA

sr. member

Activity: 504

Merit: 250

Quote from: Jabbawa on July 13, 2016, 04:43:50 PM

I can't believe this is still going... how are we getting so much mileage out of him?

At the end of the day it couldn't be simpler. We are holding on to something very precious, there are only 300 of us. If all goes well what we hold could put 3 or 4 '0's on what we invested over the next decade. In order for most of us to part with some you'll have to really make it worth our while to hedge a bit of risk.

Thousands of non-existent sellers aren't going to flood the market on polo on D day. I'd wager more than half of us will not even send any to poloniex on the first day because we're in this for the long haul potential. So, if you only have a dozen or so people willing to sell a part of their stash down at these 1-3btc per 100gi prices, why do you think we'll all suddenly jump on the chance to sell them for less on polo in a week or two?!

IOTAs market capitalisation could go anywhere, but the market has already decided that it's between $10-$30M with very few knowing of it's existence. Who knows, maybe it will dip down to $5-$10M, but it seems far more likely that demand for those coins will greatly exceed supply, and like soooo may crypto projects before it, it has huge MEWN potential in short and long term.

Just 300 ico holders... remember that admiral_optimistic. GL with your bet and hopeful buy orders on launch day Tongue

Less than 300, several larger holders have been buying up smaller batches and consolidating. Bigiotabig alone has taken out 20-30 smaller sellers. I would be surprised if we open under $25 million, and even more surprised if we trade under $100 million within 3-6 months.

Jabbawa

full member

Activity: 179

Merit: 100

WTS - 100 Gi / 4 btc - escrow with yassin or seccour required.

Topic: [IOTA] IOTA Speculation - page 60. (Read 171564 times)