#IOTA $MIOTA https://iota.org is down 53.93% from its all time high Marketcap on the 17th of August 2017 $3.05 billion, currently down -53.93% to $1.405 billion. Over one and a half billion dollars in marketcap have been wiped out in 3 weeks.
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Most of the volume, over 75% has been traded against USD through Bitfinex, which would mean by its -9.67% in the last 24 hours and the continuing downtrend since the all time high, that people are selling their IOTA for USD.
IOTA $MIOTA is only listed in few exchanges, although Bitfinex is a significant player in the space, addition from other exchanges like Poloniex or Bitrrex, would improve liquidity, prices and exposure to thousands of new potential users.
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You can read the IOTA white paper in the following link https://iota.org/IOTA_Whitepaper.pdf
Byteball uses a similar technology as Tangle, directed acyclic graph DAG instead of a blockchain https://byteball.org
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Competitors and Amy Castor: a tale on reputation usage and a campaign to discredit IOTA
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STOPThe 'vulnerability' discussion is raising quite some dust in the IOTA community. Together with the slump in the Bitcoin price and cryptocurrency markets in general, IOTA price has been hit hard.
Therefore, I am pleased that there is also some good news: help the IOTA network with a tool to confirm more transactions.
See for more details: https://steemit.com/iota/@wekkel/iota-transaction-spammer-help-the-network
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IOTA is built to be an internet of things transaction placeholder. Its literally in its name. A Tangle IS the kind of implementation one would use for IOTA, but they have not answered WHERE your Digital Currency is stored. "Somewhere" is not a valid reason for an IOT (Internet of Things) Currency to be a store of value, in fact, the economics of a Blockchain Solution as IOT vs Store of Value are actually opposite.