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MIOTA - IOTA - Analysis IOTA is a distributed ledger with one big difference: it isn’t actually a blockchain. Instead, its proprietary technology is known as Tangle, a system of nodes that confirm transactions. The foundation behind this platform says this offers far greater speeds than conventional blockchains — and an ideal footprint for the ever-expanding Internet of Things ecosystem. Because there’s no blockchain, there are no miners, and because there are no miners, there are no fees. Many established networks see costs balloon when congestion intensifies, but IOTA aims to provide limitless throughput at minimal expense. In time, IOTA’s goal is to become the de facto platform for executing transactions between IoT devices. Given how estimates suggest there could be 20.4 billion such devices out there by 2024, this could end up being big business. The team behind IOTA believe that the potential use cases don’t end here. They believe their distributed ledger could deliver digital identities to all, result in car insurance policies that are based on actual usage, pave the way for cutting-edge smart cities, deliver seamless global trade and prove the authenticity of products. Originally known as Jinn, a crowdsale for the project was held in September 2014, and the network officially launched in 2016. Who Are the Founders of IOTA? IOTA has four co-founders, and their names are Sergey Ivancheglo, Serguei Popov, David Sønstebø and Dominik Schiener. According to the IOTA Foundation, the initiative has rapidly grown since then — and team members are now based across more than 25 countries. Sonstebo and Schiener are collectively co-chairmen of the board of directors, while Popov is a board member and the foundation’s director of research. Ivancheglo resigned from the Berlin-based project back in June 2019 but continues as an unofficial advisor. At the time, he said in a statement: “I no longer believe that the IOTA Foundation is the best setting for me to realize what we set out to create back in 2014 and 2015. I have always done my best work in a less rigid environment. I am looking forward to continuing the work on both hardware and software development of IOTA independently.” What Makes IOTA Unique? Well, as we alluded to a little earlier, the fact that it’s effectively a blockchainless blockchain is rather unusual to say the least. Tangle’s more technical name is the Directed Acyclic Graph — and as Sønstebø explained in a blog post back in 2015, this technology aims to retain blockchain’s ability to execute secure transactions. The only difference is that it does away with the notion of blocks. He also wrote: “IOTA should not be considered an alternative coin (altcoin) to existing cryptocurrencies such as Bitcoin, rather it is an extension of the growing blockchain ecosystem. It’s meant to work in synergy with these other platforms to form cohesion and symbiotic relationships. IOTA is designed to provide one solution that no other crypto does: efficient, secure, lightweight, real-time micro-transactions without fees.” New transactions are validated by approving two previous transactions from another node — and this is a novel approach because it means that the network’s size and speed will be directly related to how many people are using the platform. And whereas some cryptocurrencies are run as a business, the IOTA Foundation says it is firmly not for profit — adding that it has the sole goal of making the network as prosperous as possible. Finally, IOTA has distinguished itself from many other crypto rivals by establishing high-profile partnerships with the carmaker Volkswagen, and helping the city of Taipei to pursue smart projects. IOTA Price $0.5412 Price Change 24h $-0.01937 3.57% 24h Low / 24h High $0.5299 / $0.5942 Trading Volume 24h $111,206,575.15 46.91% Market Dominance 0.13% Market Rank #38 IOTA Market Cap Market Cap $1,506,092,741.10 2.73% Fully Diluted Market Cap $1,506,092,741.10 2.73% IOTA Price Yesterday Yesterday's Low / High $0.4978 / $0.6134 Yesterday's Open / Close $0.5140 / $0.5596 Yesterday's Change 8.85% Yesterday's Volume $205,129,351.18 IOTA Price History 7d Low / 7d High $0.3947 / $0.6134 30d Low / 30d High $0.3291 / $0.6134 90d Low / 90d High $0.2448 / $0.6134 52 Week Low / 52 Week High $0.07962 / $0.6134 All Time High Dec 19, 2017 (3 years ago) $5.69 90.48% All Time Low Mar 13, 2020 (a year ago) $0.07962 580.55% IOTA ROI 91499.08% IOTA Supply Circulating Supply 2,779,530,283 MIOTA Total Supply 2,779,530,283 MIOTA Max Supply 2,779,530,283 MIOTA BINANCE:IOTAUSDT BINANCE:IOTABTC BINANCE:IOTAUSD BINANCE:IOTABUSD BINANCE:IOTAETH BINANCE:IOTAUSDTPERP BITFINEX:IOTUSD HUOBI:IOTAUSDT BITFINEX:IOTUSD BITTREX:IOTABTC BINANCE:IOTABNB OKEX:IOTAUSDT HITBTC:IOTAUSDT BITFINEX:IOTEUR BITTREX:IOTAUSD BITFINEX:IOTBTC HUOBI:IOTABTC HUOBI:IOTAPERP HITBTC:IOTAUSD HITBTC:IOTABTC OKEX:IOTAOKB HITBTC:IOTAETH OKEX:IOTAUSDTPERP BITFINEX:IOTTRY BITFINEX:IOTTHB BINANCE:BTCUSDT BITFINEX:IOTGBP
by MaverickTrading
1
IOTA looking weak - slowly climbing to 0.3IOTA looking weak - slowly climbing to €0.3 The former top 10 player (end 2017/18) looks like a failing project by it's chart. Unable to show signs of strength in a market that is clearly on an all out bulls race IOTA is even failing to break out the Keltner Channel or break the Ichimoku cloud conversion line. I would argue the market is clearly showing they are not that interesting the IOTA and letting it simmer at around #35 in terms of market cap. Looking at the market cap from a historic perspective IOTA's weakness becomes even more evident: Clearly the project is failing for investors to back the crypto coin and it remains a niche player. To be fair I have not read up on all of IOTA's news (IOTA year in review article translation below), but from what I gather it was a tumultuous 2020. Maybe the project has potential. For now it appears unattractive. --- IOATA's year in review From the involuntary Coordicide to the Trinity Hack, international cooperations, to developer disputes and the approaching 2.0 upgrade: IOTA has an exciting year in its bones. In the big review of the year, we take a look back and review the most important stopovers on the long way to IOTA 2.0. IOTA started the new decade a little badly. The Internet of Things project had problems with the coordinator again between 2019/20. The bad news: The central instance in the IOTA network suddenly couldn't create new milestones, transactions were waiting for their final confirmation. The developers got the problem under control quickly, but the start of the new year could have gone more smoothly for the Tangle network. IOTA with starting difficulties Shaken off the legacy of the brief Tangle standstill, IOTA headed straight for a new conflict, this time not of a technical, but of a personal nature. There was a crash between developers Sergey Ivancheglo and David Sønstebø, where everyone could hear it: on Twitter. It concerned the outstanding MIOTA amounts that Sønstebø owed the former developer. Actually not a message that directly affects the development of the Tangle network. But the external impact of publicly fought mud battles always falls back on the projects behind them, especially since this should not be the last dispute with Sønstebø, the developer with the distinctive facial hair. But more on that later. Apart from these frills and furbelows, there were also some success reports at IOTA. Together with the Eclipse Foundation, the IOTA Foundation set up the Tangle EE working group in February. The aim of Tangle EE is the development and industrial adaptation of Tangle-based applications. The working group forms an interface between research and industry and thus accelerates the constant commercialization of IOTA technology. Trinity Hack puts Coordinator in a coma But then the next setback: On February 12th, the Trinity Wallet, managed by the IOTA Foundation, fell victim to a hack. The loot: MIOTA tokens worth around 2.3 million US dollars. The attackers used a security breach in the connection to the payment service provider MoonPay to gain access to 50 seeds. The Foundation responded by disabling the coordinator (again) - The Tangle was silent. IOTA investors were able to secure their deposits using a seed migration tool, but the project was still subject to damage to its image, and IOTA was stuck in a crisis of meaning. The resuscitation of the coordinator took almost four weeks. No value transactions were possible during the period. The IOTA Foundation not only struggled with technical problems, but above all with a loss of confidence in the Tangle project, but tried to limit the damage. David Elseebø jumped in and compensated all cheated investors out of pocket. MIOTA course crashes The first quarter of 2020 was therefore more of one that fell under the “wipe your mouth, carry on” category. While the IOTA Foundation was slowly able to concentrate on its core business, the development of the coordinator-free Tangle architecture, the MIOTA course gradually went downhill. Triggered by the Trinity hack and fueled by the corona-related wave of sales at the Krypto-Mart, the digital currency went straight on a dive and lost two thirds of its value in just one month. From $ 0.33 on February 12, MIOTA fell to $ 0.11 by March 13. With new strength After a turbulent first quarter, IOTA remained relatively quiet in Q2. In the second half of the year, however, the project should pick up speed again. Hornet, the new software for network nodes, mastered the stress test in the Comnet test network at the beginning of June brilliantly. Hornet replaces the previous node software IRI and thus forms a further component in the Coo-free Tangle network. However, since it is easy to lose track in the tangle of tangles, the Foundation introduced a new nomenclature in July for the sake of simplicity. The register of terms serves as a guide and assigns the respective milestones on the way to the coordicide to different phases, from pollen to nectar to honey. With the TM forum, the Foundation announced a cooperation with the powerful alliance of over 850 companies just a few days later. The TM forum represents communication service providers, telephone companies, network operators, cloud providers, software developers and management consultancies worldwide with an annual turnover of more than 2 trillion US dollars. IOTA contributes the infrastructure for data exchange. On the way to IOTA 2.0 The EU has also recognized the potential of Tangle technology in the expansion of e-mobility and decentralized energy supply and named IOTA as the “Key Innovator” for participating in the CityxChange project in August as part of “EU Horizon 2020”. With the implementation of Chrysalis Phase 1, IOTA also passed another milestone towards IOTA 2.0 a few days later. In this regard, IOTA Streams, a framework for sending and receiving messages and data streams, was also able to look forward to a new update. With the integration of important beta functions, the processing time could be increased by 100 times. The pre-alpha version for the IOTA Smart Contract Protocol (ISCP) presented in October, with which IOTA could gradually compete with Ethereum for the implementation of smart contract-based applications, is also to be rated as a success. With the latest node software for pollen, which was integrated in October, the project has taken a big step towards 2.0. But despite the subsequent alpha release of IOTA Identity, a framework for decentralized identities, the introduction of the new wallet Firefly and the announcement of a number of partnerships, including With the Vienna University of Technology, ClimateCHECK and the Japanese organization NEDO, another message should burn itself into my mind: the separation from IOTA co-founder David Sønstebø. Differences of opinion and “significantly different interests” in relation to IOTA would ultimately have led to the amicable expulsion of the former chief developer. The decision was partly welcomed by the loyal IOTA following, as dealing with Sønstebø was considered rather difficult. Big goals It remains to be seen to what extent the separation from Sønstebø falls back on the schedule of the Coordicides, i.e. the final shutdown of the coordinator. IOTA took a big step towards 2.0 in 2020, the network has never been so close to its decentralization. We can therefore look forward to all kinds of developments and products in the New Year that will make the vision of a Tangle-based Internet of Things more and more a reality. The biggest chunk on the way there, the coordinator, should become history in the coming year. By then at the latest, IOTA will be able to demonstrate its undisputed great potential for applications in industry, science and research.
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by CarpeMomentum
7
IOTA.USDT (Y20.P3.E1).Stalking for nowHi All, Another ALT lurking near key area. Thoughts: > Like to see it break this key level as its already broke 1 of 2, the other being the lead in slope trend-line. > Its had a nice upward trend line so far. > If it breaks, I will look for a bullish candle of sort, either on the 8, 12, or daily. > Use the daily 21 EMA for a strategy > Depending how it breaks it, I might look for a retest (pullback) before jumping in. Either way, its another one to keep an eye on. Daily chart with 21 EMA moving along with the trend cheers, S.Sari
by ssari
IOTA: Analysis using Ichimoku 13/06/2020H4 The price is below the Ichimoku cloud, indicating a downward trend. The price also tested the Fibonacci level of 50% and the lower border of the rising channel. RSI has reached oversold levels. Conclusion: We believe that it is worth buying at the market price now. Price declines are likely was false. H1 Price is trading below the Ichimoku cloud. RSI located near oversold level, indicating sellers are weak. Also, a divergence has formed between the RSI and the IOTA price and downtrend line has been overcome. Conclusion: We recommend buying IOTA now because most indicators indicate the end of the price decline. Good luck!
BITFINEX:IOTUSDLong
by QubitLife
IOTA: Analysis using Ichimoku 08/06/2020H4 The price is trading above the Ichimoku cloud, indicating an uptrend. RSI is slowly falling towards the level of oversold, indicating the presence of correction and weaknesses of sellers. Conclusion: We recommend buying from a key Fibonacci level of 61.8% and when the RSI level is oversold. H1 The price is gradually falling, moving under the Ichimoku cloud. Visually there is a correction within model of a wedge. RSI new lows at the oversold level, keeping the price above 0.2. Conclusion: We recommend buying from a key Fibonacci level of 23.6% and when the RSI level is oversold. Good luck!
BITFINEX:IOTUSD
by QubitLife
1
A sign!--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! --- This is an update from my previous idea, plz here you can find attached. It is an important event in nature as it is the intersection with the MA200. We don't know for sure the outcome of this action, although at least we expect some interesting movement here. Nice, isn't it? From a 4h view we've been above the moving average for few hours already, but jut starting. How far do you see Iota performing this summer? Please feel free to leave any comment. Thanks again!
Long
by harribatu
1
IOTA / BITCOIN (IOTABTC) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
by Dinjin
IOTA / BITCOIN (IOTABTC) WeeklyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
by Dinjin