Idk? A large supply is a drag on the price in the shorterm unless we get some big news or start getting adoption. The price right now to me seems just all speculative investment, people holding 50,000 coins will just dump if it bumps up to a $1 and take profit. Your post has me looking into it more. GE and Microsoft interest is important, also i usually look at the team behind it and there experience and connections.
Appreciate your feedback. Yes, do look into IOTA more. When I started trading, the price of IOTA was around .08... went all the way up to about .90 and now back at about .55. So there is plenty of room for trading this coin - and for the long-term the potential ever greater.
I think it's undervalued, even with a supply of 2.8 billion - because the IOT and IIOT space are growing so quickly.
very good explanation. thanks for the info
Thanks for the feedback! Hope it helps your trading decisions.
Congratulations @dscenterprises! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPGood post lots of information.... Total supply 2.8 billion coins.
Thanks for feedback. How do you think the supply would impact the price as the IOT space grows?
Idk? A large supply is a drag on the price in the shorterm unless we get some big news or start getting adoption. The price right now to me seems just all speculative investment, people holding 50,000 coins will just dump if it bumps up to a $1 and take profit. Your post has me looking into it more. GE and Microsoft interest is important, also i usually look at the team behind it and there experience and connections.
Appreciate your feedback. Yes, do look into IOTA more. When I started trading, the price of IOTA was around .08... went all the way up to about .90 and now back at about .55. So there is plenty of room for trading this coin - and for the long-term the potential ever greater.
I think it's undervalued, even with a supply of 2.8 billion - because the IOT and IIOT space are growing so quickly.
watch this video to alleviate some fears
alot of information found here ! Love it @dscenterprises