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IOTA #5 Marketcap


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Got in when it was under .25, just two weeks ago or so.  Currently at ~0.94 and looks like it might break $1.00 VERY soon (today..tomorrow?-- Wish I had put in MUCH more than I did when it was under a quarter)

For those on here who also buy IOTA, you think it will drop back down to 0.40 or something?  Its been on a tear the last week without showing any signs of slowing down.

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I think IOTA is really interesting, but this seems like a bubble to me.  They only trade on 1 exchange: Bitfinex.  Bitfinex announced that they are dropping all US customers in the next 90 days, and have stopped accepting new US verifications.   

Once there are additional exchanges that can show a true representation of market sentiment we will have a better idea of the true value of IOTA.

As of today, it seems like a bit of an echo chamber, but what do I know?  I'm just a bitter guy living in NY who can't buy IOTA.

 

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i am big and long iota, but i do think it'll struggle to break the $1 psych barrier

that said, if it does... god knows where it's going from here

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2 hours ago, Dennis said:

I think IOTA is really interesting, but this seems like a bubble to me.  They only trade on 1 exchange: Bitfinex.  Bitfinex announced that they are dropping all US customers in the next 90 days, and have stopped accepting new US verifications.   

Once there are additional exchanges that can show a true representation of market sentiment we will have a better idea of the true value of IOTA.

As of today, it seems like a bit of an echo chamber, but what do I know?  I'm just a bitter guy living in NY who can't buy IOTA.

 

This service change only concerns cash/Fiat deposits right?? We can still, for example, transfer Bitcoin or Ethereum to Bitfinex to exchange for IOTA…or is it any transactions for US customers??

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7 hours ago, Nedkt said:

I would sell, hold the cash and see what happens. You might be able to buy at a discount. The rise has been VERY fast. Reasonable chance for a contraction, especially if BTC undergoes any reversal on the way to $5K.

yep that's what i'm thinking, it might bounce a bit before the $1 and head down to 0.6-0.8

but i really have no idea -- if it breaks $1 without a sweat then it'll be fun

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next hour will be interesting...

it is so close now to popping one buck (unreal!), but i still think there'll be major resistance here

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