IOTA

Bosse68 said:
I am a total noob when it comes to cryptos
Can you recommend a wallet that can handle IOTA
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NO, Iota is cool as, but it's wallet is sort of like a female quiz while she is on her period.
IE: Don't bother going there. Your either going to end up bleeding, confused, discriminated against or all of the above.

Iota is aimed at machines, not people or humans , Fact is people don't matter.
 
Bullion Baron said:
I read a story about a pole dancer who owns bitcoin in the mainsteam media.
I have read stories about people quitting their day jobs to trade it.
I have family members and friends asking me about it and buying it.
Cryptokitties was released on Ethereum where people are paying thousands of dollars for digital cats.
ICOs are being launched raising tens or hundreds of millions of dollars with little more than an idea.
I could go on.

In my mind this is a bubble, but there is the potential it continues for another couple of years (i.e. I have no idea if we are at 1997 or 1999 equivalent of the tech bubble).
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I just liiked into this crypto kitties, i think its stupid but Iam going to buy some as I think people are also stuip nd will pay lots for some f these things if you gety some elarly
 
Bullion Baron said:
I read a story about a pole dancer who owns bitcoin in the mainsteam media.
I have read stories about people quitting their day jobs to trade it.
I have family members and friends asking me about it and buying it.
Cryptokitties was released on Ethereum where people are paying thousands of dollars for digital cats.
ICOs are being launched raising tens or hundreds of millions of dollars with little more than an idea.
I could go on.
In my mind this is a bubble, but there is the potential it continues for another couple of years
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Once you've reached Pole Dancer level, give it at least a year.
 
Bullion Baron said:
I read a story about a pole dancer who owns bitcoin in the mainsteam media.
I have read stories about people quitting their day jobs to trade it.
I have family members and friends asking me about it and buying it.
Cryptokitties was released on Ethereum where people are paying thousands of dollars for digital cats.
ICOs are being launched raising tens or hundreds of millions of dollars with little more than an idea.
I could go on.

In my mind this is a bubble, but there is the potential it continues for another couple of years (i.e. I have no idea if we are at 1997 or 1999 equivalent of the tech bubble).
Click to expand...

My mum that barely knows how to use a computer talks about Bitcoin.
Vinny it's a bubble
jeremy-strong-big-short.jpg
 
Just overtaken LTC and not far behind BTG and DASH charging towards 5th overall Market Cap

Timing is everything in this game - I was wanting to load up when it was 50cAUD and now it's more than 5x'd :(
 
What are people’s thoughts on this, is it too late to buy some of this and what price will this end up at.
 
Bullion Baron said:
If the bubble pops tonight, then yes is too late. If it goes for longer, you may still have time. :cool:

I think there is the potential for IOTA to challenge ETH which would be a ~7x price rise from here, assuming ETH didn't move any higher or lower.

Over coming months we are going to have a new (UCL) wallet for IOTA, making it more user friendly. Results / case studies coming out of the trial with corporates.

But if the crypto bubble pops, then all hell will break loose across the spectrum...
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IM a bit salty selling @ 1.07 :) but thig has to have a pulll back at some point soon.
 
^ Not like you to make an understatement BB.
Im wary of Iota when approx 65% of tokens are held by 100 people and 93% by only 500
 
The thing that bothers me about IOTA atm is that most are stored on exchanges and worse they are stored on the most dodgiest exchange since Mt. GOX (bitfinex)
 
Bullion Baron said:
If the bubble pops tonight, then yes is too late. If it goes for longer, you may still have time. :cool:
I think there is the potential for IOTA to challenge ETH which would be a ~7x price rise from here, assuming ETH didn't move any higher or lower.
Over coming months we are going to have a new (UCL) wallet for IOTA, making it more user friendly. Results / case studies coming out of the trial with corporates.
But if the crypto bubble pops, then all hell will break loose across the spectrum...
Click to expand...

The thing with cryptos is that they are all basically holding up. Haven't really one completely crash on its own yet. They can and do drop by 20-30% or whatever, but none have completely wiped out yet AFAIK, at least none of the major players. When they drop they just form a new baseline for a while and rise again. I don't see IOTA dropping back down to the last support at circa $1, that would be unusual in the current climate.
Definite potential to drop back down to a few dollars though.
 
It's hit AU$7.25!
At this point it's gotta be obligatory to hold on for the ten-bagger, surely?
 
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Does anyone have a number at which they will bail on this?
It's just got to break back down shortly. I doubt it's going to just level out.
 
good example where price makes no sense. sure some microsoft news but this is totally centralised and held by a small number of users probably at bitfinex. anything above $5usd is danger.
 
SilverDJ said:
It's hit AU$7.25!
At this point it's gotta be obligatory to hold on for the ten-bagger, surely?
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AU $6.20

Don't use juiced up rates from an exchange :P

Serious pump though, spewing I missed it

As for when to sell, depends on what price point you got in as that will determine your gains

If you got in at $2.50 USD + then I would just hodl, but if you got in under $2 then I think some scalping wouldn't be too bad
 
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