btcinvests

IOTBTC (D): IOTA - Broke out? - BTC Chart Series

BITFINEX:IOTBTC   IOTA / Bitcoin
Iota has performed relatively well compared to other coins in the last few weeks. Many coins crashed on Fibo 14 or 0, not Iota. Currently, Iota could have left the consolidation triangle. That would be a positive sigal.

Let's see what happens. Happy trading. :-)
Comment: IOTBTC (2h): chart update, close up. break out maybe confirmed.

Comment: IOTBTC (D): chart update. after breaking out of the big triangle everything is possible!

Comment: IOTBTC: break out of the big triangle and positiv retest ...

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I doubt IOTA is going anywhere, in the medium/long term. Their tech is flawed:

tl;dr: Useless for IoT because the Tangle DAG tech just adds complexity without changing the fundamental problem of needing all blockchain data to detect double-spend.

tl;dr²: IOTA doesn't scale.

https://shitcoin.com/iota-cannot-be-used-for-iot-loss-of-funds-may-occur-e45b1ed9dd6b
Reply
@gaia, thx for your comment. we need to keep a close eye on the coin. If that's true, it's not safe to hodl it.
+1 Reply
@gaia, thx for sharing
Reply
good job !
Reply
@yserius, thx. :-)
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