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Topic: IOTA, why no pump yet (Read 414 times)

sr. member
Activity: 1344
Merit: 253
June 27, 2021, 09:56:29 PM
#47
IOTA hasn't reached it's old ATH, in fact it didn't even come close and maxed out at half of the price. This is no sign of strength and there is no indication that it might change in the near future.
Personally I sold my IOTA when cleaning up my crypto holdings in the last months but will continue to observe it. The chart looks pretty bad currently, but who knows what will happen ni the future Smiley
This is also felt by other investors, where it is very difficult to predict the market until now, unless there will be news stating that there are investors who will invest heavily in the coin, at least we can see the pump happening, even though it will dump again some time later , like Elon Musk
hero member
Activity: 1974
Merit: 856
June 27, 2021, 03:20:13 PM
#46
IOTA hasn't reached it's old ATH, in fact it didn't even come close and maxed out at half of the price. This is no sign of strength and there is no indication that it might change in the near future.
Personally I sold my IOTA when cleaning up my crypto holdings in the last months but will continue to observe it. The chart looks pretty bad currently, but who knows what will happen ni the future Smiley
newbie
Activity: 27
Merit: 1
June 27, 2021, 01:30:50 PM
#45
It seems IOTA has currently no hype because only such coins like Doge, Safe Moon and Shiba Inu are focussed.
Interestingly such Memes coins have very little value and almost no use case. I see some value for Doge becouse it is eastablished for a long time. But honestly, for Safe Moon and more Meme coins, no use case exists.

Right now, it seems a bear market is happening and probably, coins focussing on solutions will be better rated in a bear market when more educated people are buying coins and less hype happens. IOTA should always a top pick because it is a coin focussed on solutions.
Dude, how the hell you compare IOTA with something shitcoin like DOGE, SHIB and Safemoon? Indeed those 3 coins are popular right now as people fall to whatever Elon said about them. IOTA is far more deserved to go higher than now instead those 3 coins which don't have any value at all as they are only meme coins.
Yes, it's a big problem, people only buy Meme coins but don't buy coins where a real advanced platform is build. It's sad to see, devs working hard (like at IOTA) are not rewarded because everyone buys useless Meme coins. I made a summary about it here: https://bitcointalksearch.org/topic/meme-coins-have-no-use-case-5339487
Nice summary on there, but unfortunately Elon isn't interested with other coin except bitcoin and Doge as he said that on twitter this morning. If you are hoping IOTA will pump because of Elon or in the short term, you are wrong
I have not said about Elon will mention IOTA. He probably don't even know because he's not very educated about good coins. For example, he also hasen't mentioned Avalanche, which is in addition to IOTA a very good coin. It really looks like many people don't do research about good coins and Elon is a person not doing good research.
Instead he shills shit coins, which are not very good coins.
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
June 03, 2021, 12:28:16 PM
#44
Well, IOTA is already launching its Network update, this can be very good for investors, as their interest in the currency will begin to grow, if there are certain incentives and innovations this makes investors think that they can shelter their money there in front to any type of crisis or haven of money:

IOTA Launches First Fully Decentralized Network

Quote
The Tangle-powered project positions itself as a more efficient alternative to existing proof of work (PoW) and proof of stake (PoS) blockchains since it does not require transaction fees and does not "waste" electricity and computing resources.

Source: https://u.today/iota-launches-first-fully-decentralized-network

If the BTC market continues its recovery pace, IOTA may naturally have its bullish rally, also with this update the word is spreading and helping it continue to rise and boost.
sr. member
Activity: 2534
Merit: 332
May 26, 2021, 05:59:24 PM
#43
BTC domination has been down to get 42% and almost all of altcoins are pumping significantly. If you look at the top coins, some of them got new ATH, most of them close to the new ATH but despite IOTA having a good project, what's wrong with IOTA? Why no significant pump? Is it still a good choice to invest in?
Your choice since its your money and when it comes to investment decision then its up to someones action neither he would really be waiting up or would just simply skip out.

We have seen lots of projects in the market which are actually undervalued and it do really make out some questions on why it hasnt pumped yet even you do saw that it is
actually a good one.

Questions like these are common and asking about why it hadnt pumped? It all matters with interest and demand.
full member
Activity: 602
Merit: 105
May 26, 2021, 04:19:54 PM
#42
I thought the price is overvalued from the very start.

Why you think IOTA is overvalued from the start? Isnt the project was a good one?
Even i realize some promises from the team looks like a BS.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
May 26, 2021, 11:49:51 AM
#41
According to its graph, it has not broke its ATH yet.

https://coinmarketcap.com/currencies/iota/

Maybe there's a big reason, but if you'll ask me, its price is already huge given that this project has over 2 billion total supply.
I thought the price is overvalued from the very start.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
May 26, 2021, 11:10:56 AM
#40
IOTA was suppose to have developed into something more useful . Unfortunately, they have not succeded in many of their projections! I was actially hoping IOTA would have developed a fee- less structure for transaction and be at the fore-front of decentralization yet, IOTA is not there presently. Development is directly correlated with value and market price.

IOTA and 99% of all the coins that launched in the year before the 2017 rally I guess. I mean, I still think it's a pretty good coin but they probably spent a lot of their marketing wrongly, which of course isn't a unique mistake to them.

Everyone focused on the tech and the TPS. Forgot that people don't care and want to only use it or speculate it.
hero member
Activity: 2282
Merit: 505
May 26, 2021, 10:16:57 AM
#39
I also bought IOTA, but why do you say that it is not pumped, you look since January it has grown in x4 but this is not significant, there is simply no good news on this project.
Maybe he was buying IOTA when the price already touched the peak price. I do agree with OP when another coin was giving very good performance and then IOTA is still getting stuck at the same place. So many big updates already rolling out and the price is not even moving to break another ATH.
There's something wrong with this coin dude. I think that you can visit IOTA blog and you will find lots of news about that
full member
Activity: 924
Merit: 100
May 26, 2021, 10:03:43 AM
#38
I still remember when it was in 2017 when the news about iota in collaboration with Microsoft made the iota price increase drastically.

After that day, it seems that I have never seen a high enough price movement of this coin, I think a lot of promises were not kept on the part of the dev, making it difficult for the price to go up.
sr. member
Activity: 1988
Merit: 283
May 26, 2021, 08:12:03 AM
#37
TRUE, he is focused on doge and btc. I saw it on twitter so iota is not on his list probably.
but all crypto currency in the market is affected even below of the top 20 as i saw it in coinmarketcap.. A friendly reminder mate don't ever base on some site that showing false information about the market. Of course there are some project that still good at trading despite of the situation but be careful because its still don't have chance to surpass the current resistance as the market still down and not yet fully recovered..i prefer to visit coinmarketcap for accurate results..
full member
Activity: 770
Merit: 101
fLibero.financial
May 26, 2021, 03:35:13 AM
#36
IOTA was suppose to have developed into something more useful . Unfortunately, they have not succeded in many of their projections! I was actially hoping IOTA would have developed a fee- less structure for transaction and be at the fore-front of decentralization yet, IOTA is not there presently. Development is directly correlated with value and market price.
full member
Activity: 602
Merit: 105
May 25, 2021, 05:08:22 PM
#35
You can expect more drop for IOTA in the future because the hype for it has settled down and investors are moving towards coins that creates more volume. The price selling around $1.80 from ATH of $5+ , that shows some loss of interest there. I would invest in coins like polkadot, BnB .

I think this is possible, many project would be more interested for Investor rather than stay for an old project like IOTA.
If the team couldnt fulfill the investor expectation, ofc they will leave the project.
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
May 25, 2021, 02:34:38 PM
#34
So far some technical analysts are betting that IOTA could surprise, but in the face of so much uncertainty with BTC, if BTC falls further, the chances of IOTA making a bullish jump are less, but we must take into account that the analysis Below by a trader, see IOTA with a possible pump to 3USD, from 3USD to 5USD can occur at any time if BTC is in a bullish trend:


Source: https://www.tradingview.com/chart/IOTUSD/MauwdWJU-Every-CUP-needs-HANDLE-just-like-HEAD-needs-SHOULDERS/

Of course this analysis is long-term because when observing the chart it can be intuited that the movement may occur, for those who are investors, it is very useful, because if the analysis is taking into account the price of BTC for now, if BTC rises , it can happen much faster.



All short-term technical analysis is broken because of Bitcoin price drop. I noticed IOTA is the old altcoin like EOS and XTZ. What these cryptocurrencies have in common is that their technology is terrible and difficult to apply widely. IOTA has a not-so-rich community so it will increase in price eventually after Bitcoin has rallied.

You are right, the thing is that short term analysis is usually so volatile, because BTC is recovering, it may now be in a swing price of $ 36k and $ 37k, although a major move can cause it to stagnate if BTC It rises a lot or falls, IOTA is a currency that reacts to the movements of BTC, when it is falling it has been seen that its price fall is instantaneous, but if the price of BTC rises, it remains to be expected that investors will shelter their money in IOTA . Some are showing that IOTA can be a good option when it comes to investing, in my case it is difficult for me to trade in scalping mode, I am not at that level yet.
full member
Activity: 910
Merit: 100
May 25, 2021, 01:10:17 PM
#33
BTC domination has been down to get 42% and almost all of altcoins are pumping significantly. If you look at the top coins, some of them got new ATH, most of them close to the new ATH but despite IOTA having a good project, what's wrong with IOTA? Why no significant pump? Is it still a good choice to invest in?
one of my favorite altcoins that I hold, and I took action again after I sold at $ 2 a while ago,
I still see the potential for IOTA to go again to $ 2 or more, now it is still holding in the $ 1 support area, of course this is a bargain for IOTA ,
buy then hold and don't be regret if you don't collect these coins.
full member
Activity: 532
Merit: 104
May 25, 2021, 12:43:18 PM
#32
So far some technical analysts are betting that IOTA could surprise, but in the face of so much uncertainty with BTC, if BTC falls further, the chances of IOTA making a bullish jump are less, but we must take into account that the analysis Below by a trader, see IOTA with a possible pump to 3USD, from 3USD to 5USD can occur at any time if BTC is in a bullish trend:


Source: https://www.tradingview.com/chart/IOTUSD/MauwdWJU-Every-CUP-needs-HANDLE-just-like-HEAD-needs-SHOULDERS/

Of course this analysis is long-term because when observing the chart it can be intuited that the movement may occur, for those who are investors, it is very useful, because if the analysis is taking into account the price of BTC for now, if BTC rises , it can happen much faster.



All short-term technical analysis is broken because of Bitcoin price drop. I noticed IOTA is the old altcoin like EOS and XTZ. What these cryptocurrencies have in common is that their technology is terrible and difficult to apply widely. IOTA has a not-so-rich community so it will increase in price eventually after Bitcoin has rallied.
legendary
Activity: 1890
Merit: 1148
May 25, 2021, 08:38:33 AM
#31
It seems IOTA has currently no hype because only such coins like Doge, Safe Moon and Shiba Inu are focussed.
Interestingly such Memes coins have very little value and almost no use case. I see some value for Doge becouse it is eastablished for a long time. But honestly, for Safe Moon and more Meme coins, no use case exists.

Right now, it seems a bear market is happening and probably, coins focussing on solutions will be better rated in a bear market when more educated people are buying coins and less hype happens. IOTA should always a top pick because it is a coin focussed on solutions.
Dude, how the hell you compare IOTA with something shitcoin like DOGE, SHIB and Safemoon? Indeed those 3 coins are popular right now as people fall to whatever Elon said about them. IOTA is far more deserved to go higher than now instead those 3 coins which don't have any value at all as they are only meme coins.
Yes, it's a big problem, people only buy Meme coins but don't buy coins where a real advanced platform is build. It's sad to see, devs working hard (like at IOTA) are not rewarded because everyone buys useless Meme coins. I made a summary about it here: https://bitcointalksearch.org/topic/meme-coins-have-no-use-case-5339487
Nice summary on there, but unfortunately Elon isn't interested with other coin except bitcoin and Doge as he said that on twitter this morning. If you are hoping IOTA will pump because of Elon or in the short term, you are wrong
legendary
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
May 25, 2021, 12:20:17 AM
#30
So far some technical analysts are betting that IOTA could surprise, but in the face of so much uncertainty with BTC, if BTC falls further, the chances of IOTA making a bullish jump are less, but we must take into account that the analysis Below by a trader, see IOTA with a possible pump to 3USD, from 3USD to 5USD can occur at any time if BTC is in a bullish trend:


Source: https://www.tradingview.com/chart/IOTUSD/MauwdWJU-Every-CUP-needs-HANDLE-just-like-HEAD-needs-SHOULDERS/

Of course this analysis is long-term because when observing the chart it can be intuited that the movement may occur, for those who are investors, it is very useful, because if the analysis is taking into account the price of BTC for now, if BTC rises , it can happen much faster.

newbie
Activity: 27
Merit: 1
May 24, 2021, 01:15:00 PM
#29
It seems IOTA has currently no hype because only such coins like Doge, Safe Moon and Shiba Inu are focussed.
Interestingly such Memes coins have very little value and almost no use case. I see some value for Doge becouse it is eastablished for a long time. But honestly, for Safe Moon and more Meme coins, no use case exists.

Right now, it seems a bear market is happening and probably, coins focussing on solutions will be better rated in a bear market when more educated people are buying coins and less hype happens. IOTA should always a top pick because it is a coin focussed on solutions.
Dude, how the hell you compare IOTA with something shitcoin like DOGE, SHIB and Safemoon? Indeed those 3 coins are popular right now as people fall to whatever Elon said about them. IOTA is far more deserved to go higher than now instead those 3 coins which don't have any value at all as they are only meme coins.
Yes, it's a big problem, people only buy Meme coins but don't buy coins where a real advanced platform is build. It's sad to see, devs working hard (like at IOTA) are not rewarded because everyone buys useless Meme coins. I made a summary about it here: https://bitcointalksearch.org/topic/meme-coins-have-no-use-case-5339487
legendary
Activity: 1890
Merit: 1148
May 23, 2021, 09:52:33 PM
#28
It seems IOTA has currently no hype because only such coins like Doge, Safe Moon and Shiba Inu are focussed.
Interestingly such Memes coins have very little value and almost no use case. I see some value for Doge becouse it is eastablished for a long time. But honestly, for Safe Moon and more Meme coins, no use case exists.

Right now, it seems a bear market is happening and probably, coins focussing on solutions will be better rated in a bear market when more educated people are buying coins and less hype happens. IOTA should always a top pick because it is a coin focussed on solutions.
Dude, how the hell you compare IOTA with something shitcoin like DOGE, SHIB and Safemoon? Indeed those 3 coins are popular right now as people fall to whatever Elon said about them. IOTA is far more deserved to go higher than now instead those 3 coins which don't have any value at all as they are only meme coins.
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