IOTUSD - IOTA on Bitfinex
An idea. I think IOTA will touch new heights this week. All based on fib levels.
IOTA is by far the best coin in the market right now. There is none other like it. No mining and a top-down approach rather than the bottom-up approach (associated with mining). Supply limited and demand will automatically increase. Hardware will be embedded in phones, smart devices, and anything that can connect to the internet. DIKW model. Read all about it on iota.org/
Simply put, when mining becomes a burden on the environment, which it already is and is likely to get worse, IOTA will be the one to look out for.
Strong buy right now in my opinion.
IOTA is by far the best coin in the market right now. There is none other like it. No mining and a top-down approach rather than the bottom-up approach (associated with mining). Supply limited and demand will automatically increase. Hardware will be embedded in phones, smart devices, and anything that can connect to the internet. DIKW model. Read all about it on iota.org/
Simply put, when mining becomes a burden on the environment, which it already is and is likely to get worse, IOTA will be the one to look out for.
Strong buy right now in my opinion.
Note
I do not mean to offend anyone, but if LTC can go to >$400, then it will be a shame not to see IOTA at at least $10. IOTA has far more potential than any other coin. Period.Note
Trolls spreading rumors that there is no IOTA partnership or meeting with Microsoft. Please read their twitter feed:twitter.com/HOFFMANN3D/status/938440144801226755
Microsoft is meeting up with IOTA Devs on 14/12/2017 in Paris. Limited places for 100 delegates only. This was announced many days ago. Some trolls are trying to bring the price down so that they can get the coins cheaper.
IOTA has a future. And it is bright!
Trade closed manually
I was hoping to see IOTA touch at least the $6 mark, but the controversy surrounding thew issue of its partnership with Microsoft played a huge role. BTC is rising and the way it is impacting on the alts prices is something which has happened before. All of the alts are falling when BTC goes up, and when it is coming a bit down, alts are not recovering as much.
BTC rise is always followed by a correction. Any trader who has been around for more than 6 months knows that. If that correction occurs very fast, then exchanges sell their own alt coins holdings to maintain a cash flow. This can sometimes lead to a chain reaction of stop loss sell orders being filled. Be careful with this.
The base price of IOTA will be determined by how low BTC price will go. I have a figure in mind, but I am not comfortable sharing it here.
Regardless of how low IOTA goes, it has a future and it will come back 10x stronger and faster this time.
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