IOTA? Will it work? Short

IOTA / DollarBitfinex

Description

⋅ Oct 20, 2018 5:38 PM

IOTA can be a great coin if and only if it works.

As I remember, the algorithm IOTA is using called Tangle had many problems including security issue found by MIT researchers which was fixed.

But people complain about the wallet does not work properly and the consensus core was not decentralized.

Tangle would be outdated if Hashgraph comes up with public working core free of charge without patent licenses.

Keep watching the developments in DAG cores, and there are a few which are working on new cores.

IOTA's value will lies on failures of other competing DAG consensus technologies.

Trend Analysis Beyond Technical Analysis

Comments

dinovabec

⋅ Oct 21, 2018 9:18 AM

Your information on IOTA is more than 6 months old, very superficial and completely outdated. If more traders would be capable of doing good research, crypto market would look completely different.

LondonCoin

⋅ Oct 21, 2018 11:43 AM

@dinovabec, I agree with you that it has been a while since I check the development of IOTA. But Hashgraph will perform better any day unless Tangle comes up with revolutionary technology which I doubt. Please enlighten me if you have new info. on IOTA.

Samswe

⋅ Oct 21, 2018 7:43 PM

@LondonCoin, you call it iota decentalize but if u know more about tech you should know that Hashgraph is 100 more centalize . and dont forget tha Hashgraph never has been public for test and find bugs .. once it comes you are going to see re real problem.. iota is not so far from the real adaption in every day solutions .. max til Q2 2019 iota is going to be totally different .. NOt IOTA FUN boy just like the tech .. not holding any iota for now....

MichaelShutterbug

⋅ Oct 20, 2018 11:41 PM

Don't believe random MIT fud. Trinity wallet is great, industry adoption in progress, IOTA foundation is growing fast. I still expect lower price but in the next bullrun IOTA will become a powerful technology because till then it they are ready for adoption. Bottom is inn 2019. Next peak bubble between 2021-2023.

InvestingScope

⋅ Oct 23, 2018 4:40 PM

Excellent chart. We see the current 1D Falling Wedge to exhaust near 0.4560 and aggressively break towards 0.32: