Sound advice in this market regarding Bitcoin... I am not in Bitcoin at the moment. Also, not really feeling the urge to be. With Bitcoin I am concerned about transaction per second scale-ability, majority Chinese miners, and last but not least - price. I also feel that tech like IOTA's tangle could displace block chain in the long haul. Reasons: Fee-less to use and TPS scale-able. At the moment I have chosen to invest in IOTA over Bitcoin for these reasons. Thoughts?
You are viewing a single comment's thread from:
Hi @nateinsav I am not too familiar with IOTA tbo, as far as investment, it's possible MIOTA is just a glorified tech demo for the underlining technology (tangle) just like Zcash is a tech demo coin for znarks. What I can tell for sure is that BTC is way overvalued right now and primed for a correction which will affect the $ value of all crypto so if you've made some good money on IOTA I would definitely lock some profit in fiat right now :)
I noticed it was interesting that IOTA moved counter to most other "block chain" coins during it's last move up. This recent Bitcoin pump sucked the life out of every alt coin - including IOTA's move. I think the smart money has figured out the IOTA's tangle is uniquely different from "block chain" and has the potential to be "block chain's" replacement. IOTA is first to market and has many legitimate business partnerships that any "me too" tangle coin in the future will have a hard time selling to those same partners. True believer here - holding my IOTA.
IOTA definitely has some good momentum going for it, will be interesting to see how the technology develops in the future