SilverDJ
Well-Known Member
AU $6.20
Don't use juiced up rates from an exchange
But that's the exchange I'm on and can actually sell at that price.
IOTA
- Thread starter leo25
- Start date
But that's the exchange I'm on and can actually sell at that price.
SilverDJ
Well-Known Member
As good a strategy as any.
Given that people are obsessed with comparing market caps though, it's a major level indicator for any alt coin.
Which means you would have also bought at their higher prices too, so I guess it's all much of a muchness. I'd be holding out for the 10 bagger
as was pointed out to peter, these are custodial addresses, probably at exchanges and do not represent the true owners.
more to my point is iota is centralised not by ownership but system control, the whole system was brought down recently for maintanence, this would never happen in a true decentralised system https://cryptohq.org/iota-network-down-for-almost-48-hours-maintenance/
some pools are larger than others but bitcoin is much more distributed than any other coin, there is no over 50% hash majority. https://blockchain.info/pools
coupled with no working wallet, most coins held at bitfinex who are also under a cloud for the tethers rumors then all these warnings should say proceed with caution. the majority of iota is being bought on bitfinex with usd, at 70% currently.
just presenting the facts before everyone goes all in and bag hodlers get caught in the correction, do your own research.
Nabullion Dynamite
Active Member
Tossed $400 on this before it was even on exchanges. 69 million market cap and people on the Slack were selling Thousands of GigIiotas because they though it was a bubble then. Did not see this bull run coming. I sold a lot around 0.40-.70usd and a lot more between 1 and 2.8usd. Just keeps trucking on
Nabullion Dynamite
Active Member
With the amount of money made in the last couple days I honestly don't see how there can not be a massive dump incoming. Just a matter of when. I'm trying to get more on to sell but the network is too conjested
SilverDJ
Well-Known Member
I call no lower than US$2.50 if it does (not accounting for wild minute-by-minute swings)
Pure luck really, it sat around 8 for a couple hours with no gain after pumping hard for 2 days, felt like it was the right time to get out, ill let it settle for a bit before I get back in, but probably under 4 if I can, I've seen it drop under 5 a couple times today but then rises a little before dropping again, I sold it for bitcoin, another bit of luck with the gains today, I'm very new at the crypto game and that was my first big trade, bought on the info I had and sold when my gut told me to, I use coinspot that's why my prices are a bit higher
SilverDJ
Well-Known Member
Nice call on that one.
Around $5 does seem to be appearing as a new support level.
If you can buy back in even at that then you get extra IOTA for nix, nice.
Interestingly antminers are not taking payments in BTC for some lots right now, only BCH.
I wonder if we'll see another push for BCH against BTC. It's quite likely though, but don't know to what extent after what BTC has done in the past week!
Interestingly antminers are not taking payments in BTC for some lots right now, only BCH.
I wonder if we'll see another push for BCH against BTC. It's quite likely though, but don't know to what extent after what BTC has done in the past week!
of course they are, its jihan wu's company. id say youd be looking pretty stupid right about now if you were spouting such shill at any stage.