IOTA is an interesting Cryptocurrency, I have faith in it. We have recently seen how it dipped.
Will it come back up again or is it staying down in the dumps?
It is normal for any cryptocurrency to be volatile so I think the recent drop in price is just an opportunity to enter IOTA and I don't think it is doomed. All the other cryptocurrencies has seen the same kind of blow the last 24hours.
I really believe in the tangle system. Especially when we talk about scalability. One of the biggest issues we have with Bitcoin is the scaleability. If bitcoin used the same technology as IOTA we could have seen bitcoin sitting safely on $15 000 for one Bitcoin today. Even more.
I think that if people believe in IOTA and take it forward and the explosion happens. There will be no one to stop it. Remember IOTA becomes more and more stable the more transactions there are and the more currency goes into circulation.
That was my thoughts on IOTA. Please leave some of your thoughts below in the comment section.
I really hope that IOTA will take off. It is in theroy a great transaction system especially for the niche that is the IoT. Because there many micro, heck even nanotransactions will be the norm and you can' do this realistically with any other cryptocurrency.
Great. Thanks for sharing. I vote for you and begin to follow you. And Resteemed...
No big investors will touch it, because as of right now, IOTA does not create wealth. Free transactions are great for users, but how will the investors get paid if everything is free?