Can someone explain to me, why IOTA would fall in price again? I can't see the relation.
It might be overvalued. So? Key is to keep demand flowing. If they can't follow through with their roadmap, eventually ppl will sell and prices will be slowly going down. But given that the project is legit (or at least seems so), demand is gonna come eventually. And when the technology and the roadmap do work out, its only gonna go up from there.
Of course, this explanation can be used for any new coin eventually. But most of them lack either their unique features, or the marketing. IOTA seems to have both.
Hi
I am new here and noob in currency market, however I have an opinion about that. First of all it is a second day on official exchange for this currency, so be patient, lot of people only tried to play with it or sell what they had already in wallets. BTW I think fresh currency is much more liable on market, the same day all curriences dropped, so why not IOTA, and investors were a little scarried to invest in something new.
They have marketing, they have technology, but wait until smart contracts will appear, programmers and hackers start to use it in devices and code, maybe some big companies, for example why not to use it in amazon's magic button. But it will take few years, I also do not think IOTA investors will become bitconaires, rather IOTA will become steady and reliable currency. (I hope so)
Sorry for english, and I can be totally wrong about it, as I said - I am noob who started to play on market by mistake
