Should You Buy IOTA Coin?
Hey guys, it's the voice of the blockchain, Satoshi's big cousin, cryptography's finest, Champagne Crypto here, thanks for tuning, in.
Today I want to talk about IOATA. Should You Buy IOATA Coin?
IOATA coin aims to provide the standard technology for the Internet of Things a new layer of the internet where machines can communite to each other.
The IOT industry promises to grow exponentially in the coming years but it's important to be aware that IOTA coin isn't the only coin that can service the IOT industry. Ethereum Classic also promises to provides solutions for the IOT. Byteball coin as well. Additionally IOTA coin is NOT blockchain tech but rather whats called "The Tangle". While The Tangle promises to be a more efficient technology than blockchain it has yet to be tried and tested. We simply don't enough about IOTA coin and its tech to make a long term call on price.
On the other hand, considering the summer crypto explosion, speculation on IOT growth, and the public awareness that IOTA has been able to achieve, it's possible IOTA may boom to $1.00 this summer.
What do you think? Should You Buy IOATA Coin? Leave a comment below.
Related link:
IOTA The Economy of Things
https://iota.org/
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IOTA is already among the top 10, above the 1 billion cap, so yes, we should buy IOTA
Thank you @champagnecrypto for the information! IOTA was really coming out of nowhere.
Your welcome @unknowncrypto. Yes IOTA came out of no where. Good marketing and branding but still to early to call for the long run.
Yeah it is to early to invest on it, wait until it values around $1000 then jump on it LOL
it's cheap now, won't be in a near future
My man Champagne Crypto bringing the news. Letting us know if it is phonyballony!! Thanks Man. HubrisCubris over and out.
or funny money? xD
Voice of the blockchain! haha always upvote when I see that come up now.
I bought some more LiteCoin today on this small pullback in Price my Champagne Brother..........
Also considering buying more today @stockjockey Even if its just a few.
Hi @champagnecrypto
Earlier today I was reading about and watching Youtube videos about the technology behind the Tangle.
The DAG or Directed acyclic graph . https://en.m.wikipedia.org/wiki/Directed_acyclic_graph.
Very interesting concept. A family tree can be represented as a DAG, because it is acyclic (does not reconnect to a past family member) and does not loop from a new family member to a past one.
The Tangle might be put to use for other things as well as M2M !
Yes, invest in IOTA. The Tangle with it's DAG format deserves support.
I have invested in it since it seems like a great coin. I'm giving some IOTA away in a Faucet here on steemit.
@faucetguy, Interesting. Is that successful? What I mean is, how much money have you made?
Don't be embarrassed, people care!
Your answer might also motivate people...
Seems like an interesting coin indeed. I've recently gone into ReddCoin (check it out) it has good potential and is low at the moment.
Got mine in the BOOM bank!
Dig the reports bro! Found you on the block chain now !
Keep Booming ! Never turn it down , not for a moment, cryptos are freedom!
Pushing to the top , make the cork pop !!!