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RE: KABOOOOOM!! IOTA SURGES to 860% PROFIT!!! @haejin recommended IOTA 28 days ago at $0.38 and price surged to $3.27!!

in #bitcoin7 years ago (edited)

In the past there has been a common issue with the exchanges delaying the transaction. The IOTA network can't process a transaction until the exchange posts it to the system. Sort of like the the mail - someone can print a label for a package, but the package doesn't move until it is actually delivered to the Post Office. Also, the exchange can delay posting incoming transactions. Many exchanges receive the transaction well in advance (many blocks) ahead of actually posting it to an account for trading... They may have a verification policy in place - many exchanges do for all cryptos. The amount of "blocks" or time delay varies significantly based on the exchanges policy for that specific crypto.

The point here is that delays may not be caused by IOTA or the IOTA tangle network.

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