Just bought my first batch of IOT
I just bought my first IOTA. I thought I am gonna wait for a few weeks to a few months because of the bumpy road during the initial offering. Well, I did not expected yesterday was coming. TBH, it was a good thing to me. Why? I think that short crash of the whole cryptocurrency market has given a great examination where the bottom of IOTA is at this moment. I will be a long term supporter of IOTA. The rest? Sit back, relax and enjoy the ride.
Here are some thoughts of mine regarding IOTA price. Since I am a huge fan of IOTA, my opinions may be biased. Please be careful with my assumptions.
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ITOA could easily be one of the top 3 in the cryptocurrency market.
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If we take a look at the average market capital of those current 3, aka. BTC, ETH and XRP, the number would be somewhere around 22 billion at the time of writing. (Of course, I did not calculate the max circulation. It will went to the roof due to the amount of XRP)
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Based on 1 and 2, the price target of IOT would be around $10.
Personally, I do not know how long it will take to reach that price. My view is limited. Please share your thoughts below :)
Note: 1 IOT = 1 million IOTA coins
Posted Jun 16, 2017, 7:41 PM UTC · edited