It has been quite a while guys, sorry, but we have been pretty busy with the process of creating new businesses (eCommerce) and also a German and English crypto website (still in process) and also creating Youtube Channels about crypto (also both English and German) pretty soon. And as you know from our previous posts, the topics will be quite interesting like following articles of the past:
Bitcoin Price Will Hit $250,000 by 2020 If Seven-Year Trend Continues
Ok, enough self-advertising and excuses for being inactive for more than a week on Steemit. The main reason to get ourselves back on writing a post on Steemit is...
The Coin With The Biggest Potential!?
IOTA.
IOTA has been to $1 and is now back to $0.80 per 1 MIOTA (million IOTA).
There are a lot of reasons for that coin, which is not really a cryptocurrency and not build as blockchain, but on tangle technology (for more info click HERE).
1) The technology
IOTA is built on TANGLE technology, meaning it is very scalable and is completely self-regulating. A possible scenario could be communicating IOT (internet of things) devices - smart devices - that use the tangle network not only for communication, but also for purchasing services from each other. As more and more smart devices are being used, the need of securely connecting these becomes essential.
2) The team and developer community behind it
The IOTA team has partnered "with F6S, the world’s largest platform for founders, start-ups and accelerators, to bring the IOTA Ecosystem Fund to their vast network and community with over 2 Million start-ups and developers, with particular focus on Internet-of-Things."
3) YUUUUGE COMMUNITY
Most of you guys know how important the community behind a coin is in terms of support and value. The IOTA slack channel has just reached surpassed 20,000 members and has become the largest crypto chat channel in the world:
4) Market Cap to XX-Fold.
The current market cap as time of writing this post is roughly $2.2 Billion, with BCH and XRP being at around $8-9 Billion and ETH being around $35 Billion and the KING being around $75 Billion. So if we dare to compare IOTA with Ripple, it has the potential to 8x its value and if we really dare to compare the IOTA token with Ethereum, 1 IOTA token can 15x fold it's value. Now with the growing total crypto market cap, IOTA could 25x fold it's value within the next months.
Thinking about the IOT market, is it realistic for IOTA to be on par with Ethereum? Please leave a comment below!
Critics: As nice as all of this sounds, the IOTA technology it not a decentral technology as they initially claimed in the ICO-Phase. After that, they corrected their initial statement, but is that enough?