And so it begins

IOTX is finally starting to taking off, I hope you've all prepared your bags.

>$10mil marketcap
>volume doubled since yesterday
>reversal uptrend started
>Blockchain + IoT (solving Scaling, Privacy & Interoperability)

There's a number of catalysts for this reversal, the main reason being that they released news today of extending their token lockup and vesting period which will start at Feb 2019, meaning a massive reduction in inflation.

Will only be 2% every Quarter so it will take decades to reach the total supply, which is also capped.

A few more things that we'll see within 2 weeks:
>Testnet beta launch
>Smart contracts functioning
>Wallet release
>Explorer release
>Huobi Pro listing

This project is still a hidden gem regardless of it being on Binance. The amount of funding they've received from private and institutional investors is massive, which by the way is mostly in Fiat which means they've been unaffected by this bear market.

There's so much to say about this project, I hope you all at least take 30mins out of your day and DYOR.

The team is stacked, they've hit every deadline, they have so much funding that if even if we get hit by a 5-year bear market they'll still survive unlike the majority of these shit ICO coins, the team's tokens don't get unlocked until 4 years so they can't dump etc.

I could go on more as there's so much more good to say about this project, but you'll all figure out by yourselves.

It will easily return back to what it was at $100mil marketcap, which is a x10 return, but if you're willing to hold until Mainnet launch early 2019, I believe we'll easily see $1bil marketcap at least, which is a massive x100 return.

DYOR, buy a small bag and then get comfy

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>Circulating Supply

>1,141,040,005 IOTX

>Total Supply

>10,000,000,000 IOTX

nuff said

Did you even read my post or are you that brainless?

Nice 10% pump shill. Been in IOTX too long to mnow that there’s a 20% dump coming up after this.

That spike was because they released an update on their vesting period got changed so the inflation got dramatically reduced to 2% every 3 months and will only start on Feb 2019

You forgot to mention this week the circulating supply doubles

To my point, -20% come tomorrow

read

I guess they must be really desperate their shitcoin is dying to pull that shit off

I understand your pessimism if you've burnt by the bear market, just understand that it wasn't solely Iotex dropping and was the market as a whole

What do you mean? The team doesn't hold any coins currently as their tokens are locked up for 4 years. They benefit in no way to try and manipulate the price.

They also have a shit ton of funding in fiat so they're hardly affected by this bear market. Not many ICOs can say the same

I sold weeks ago and bought back in. Something is coming up.

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actually it means that the institutional investors really have no intention of selling their iotx and were happy to drastically extend their lock period because its one of the best projects small or large cap at the moment

either stop being a fucking retard and research the project, or shut up and don't cry on Jow Forums about how you "almost bought" when it was 12m cap once its at the billion level

Same bro. Look how most altcoins are reacting today to bitcoin's drop, bleeding hard again. Normally IOTX is the worst performer and drops the most, but no this time it's actually starting to reverse and go up. Something is definitely coming up and it's Iotex.

Right?? IOTX fudsters out in full force today. Either they're trying to fill their bags or they sold at the bottom and now are salty

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Just a correction, MainNet will actually start this October with the IOTX token functioning correctly as gas within the ecosystem. MainNet will then be slowly developed to alpha, then beta and then finally the main launch.

literally the only reason it was falling is because of dumbasses applying simple maths to the supply increase when realistically that's not how it works

surprise, supply increase day comes and oh wait institutional investors didn't decide to just dump their coins for no reason

testnet beta at the end of this month will be literally revolutionary for crypto, it wont be capable of staying this low for much longer

yeah I agree, the potential of this project is massive and the fact that it's sitting at this marketcap even though it's on binance astonishes me. I never see this project talked about anywhere on Jow Forums or reddit, which baffles my mind for such a strong project and the amount of development and updates they've been coming out with recently

Nice scam fag.

you're trading against bots. no human being is paying attention to these obscure shitcoins right now

Have fun buying when BTC is taking a dive to low 4K.

Yup, a team stacked with PhDs with professional backgrounds in Facebook, Google, Uber, Intel, Bosch and based in Silicon Valley. Yeah dude, they're totally gonna exit scam.

I know you're trying to fill your bag, I get it

source on the huobi pro listing?

what? are you saying there are no humans trading crypto? have you completely lost your mind?

I unironically was buying today and so were others I know. Get fucked nerd.

not buying this after the news today is a crime