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RE: IOTA: On the road to ten dollars?

in #money7 years ago

Will we see mass adoption over Bitcoin in the next year? Maybe, but someone pointed out that inferior technologies tend to last longer on an irrational basis. It's sexy to write about BTC hitting $25,000! Less so about market caps and IOTA hitting $25.

All that aside, eventually the technology will always win out! Good things ahead for IOTA.

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Not many people have a couple of hundred bitcoin. For me it's much sexier to see IOTA hit 100 than bitcoin hit 25,000. There is still time for people to get involved here and if IOTA gets its stuff together it should be a match for bitcoin at least!!
I'm only surprised how little hype there is about a highly functional and well backed block chain?

Adoption over bitcoin, doubtful. But mass adoption, most likely.

In my opinion, the relative difficulty in aquiring and storing IOTA is keeping out some players (perhaps even a few whales with the wallet issues). And a complicated technology will always be sluggish in adoption.

If IOTA hits Coinbase, I think it easliy doubles within a month no matter what market cap its at.

I'm surprised to be honest that it is still only available on i think 4 exchanges. As soon as it becomes listed on bittrex and coinbase as you say the opportunies do open up even more. I willl be watching expectantly over the next few months to see if it does grow into it's potential or just fall away.

For anybody thinking of investing heavily the lack of a wallet is massive. If I was throwing thousands into it i would not be happy not being able to have a secure way to store it but i do expect that to be resolved fairly punctually. Especially now that it's popularity is on the rise.

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