On Tuesday, June 13, [Bitfinex] will be adding support for IOTA (IOT) exchange trading through IOT/USD and IOT/BTC pairs. Margin trading for IOT pairs will be enabled in the coming days as the order book develops suitable liquidity.
IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the more activity, the faster the network. Unlike typical blockchain architecture, in IOTA there is no separation of users and validators; rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.
Opinions?
Ways to get in early?
I've got some of em. not much tho poorfago
Really cool coin.
10000% gains in 2 years. screencap this babes
You can get in "early" by buying OTC on slack. The going OTC rate puts the marketcap at like $700 million dollars and a ROI vs BTC of like 200x (so like 1000x fiat value).
I am not hating on the coin, and I will definitely be investing eventually, but wait until it hits Bitfinex. I predict massive dumping, then eventually a $5 billion USD marketcap within 6 months - 1 year.
>>2286542
what is OTC and how do you get on their slack?
I bought at 4000 sats on the ydx
But this market caps seems yuuuge already
Where is this going?
>>2286578
https://slack.iota.org/
OTC = Over the counter. Trade direct from person to person (trusted escrows are hanging around in slack though).
>>2286592
Like I said, ICO investors are already looking at 1000x fiat gains. They have been waiting two years but I bet there are a lot of large holders (who bought in for peanuts) who will simply cut and run.
I considered buying some OTC but I am betting on a dump before a pump. Personally, I'm waiting.
>>2286542
Thanks for the straight info
$700,000,000 for a coin that's on no exchange yet is steep indeed
Maybe I'll throw a small amount at it nevertheless