Why you should 'RETHINK' and 'RESEARCH' before you Invest in IOTA!steemCreated with Sketch.

in #steem7 years ago

iota 4.png

  1. there is no info in their website who the developers are...

iota 3.png

  1. There is 2,779,530,283 billion MIOTA in circulating supply already....

iota 2.png

  1. they were launched by bitfinex who they have lost trust from members after allowing the hack to happen...
    a lot of people lost money there that day
    than they made the useless token that actually did not return all the money members lost...)

iota 1.png

in my opinion if this coin has no fees how does an exchange benefits ???
maybe they were donated hundred of millions of coins....
there is also the possibility that there is a group of people behind it that control everything behind curtains that hold all the coins and they manipulating the price to make it seem attractive... so once people start buying thinking they will get rich, those super whales will start dumping millions of Iota tokens and tataram they are millionaires while people who are buying it get stuck with worthless coin...

if you want my opinion stay away from it... stick to the mining coins or the LPOS,POS
invest in steem, litecoin, bitcoin, monero, ethereum, waves, zcash, dash, ripple, bitshares, mobile go
and etc etc that have real team and developers behind it....

you want to invest in iota proceed at your own risk...

ill pass!

Sort:  

Actually they have a whole blog with all team members, dig deeper.

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.029
BTC 63725.17
ETH 2619.74
USDT 1.00
SBD 2.82