Why IOTA still has a "low" Market Cap?
iota·@goodmindset·
0.000 HBDWhy IOTA still has a "low" Market Cap?
https://steemitimages.com/DQmWzDFsae6mPtx6ZA4QLEgfYc9MXjf26GaLuSfagPjXFD4/entrepreneur-1340649_1280.jpg Many people thought why IOTA still has this small Market Camp even there is this new innovative technology like Tangle, non-fee transactions and much more stuff. I talked about them in another post 4 days ago. But why is IOTA not going to the moon? And they "only" have a Market Cap (23.8.2017) from 2,5 Milliards? Let's have a look at it. - First of all, IOTA is only listed on one big Exchange Platform (Bitfinex), there are also some small Exchanges like Bit 520 and ITOA Exchange but they have just really a small volume. So there is a huge potential. If IOTA got listed on other big Exchanges like Bitrex or Poloniex a lot of more People are going to trade or invest in iota. So the volume will probably rise. - Every Cryptocurrency needs time to establish in the world. For example, Bitcoin was released in 2009. So it needed 18 years to go to go to a volume like 70 Milliards. For sure now crypto currency is more popular and everything goes much faster but still every thing needs time. Then IOTA is only 2 years old. Also, there are not a lot of places where it is possible to pay with IOTA. This will just come over time when restaurants, stores and another company's trust in IOTA. - Probably the biggest part is there is a lot of development which only started. Let's have a look at the roadmap: Light Client -> Completed Swarm Client -> Status: Research / preliminary stage Improved networking -> Stage: Active Research Automated Snapshotting -> Stage: Active development and testing Permanodes -> Stage: Alpha Testing Flash Network -> Status: Mid-stage development Masked Authenticated Messaging (MAM) -> Stage: Beta Testing Private Transactions -> Stage: Early development Oracles -> Stage: Advanced development Stress testing -> Stage: Planning and preparation Public Simulations -> Status: Largely completed, awaiting peer review Sandbox -> Stage: re-launch mid-April So we see there is a huge stuff coming in the future! Every thing has to be tested or built. So there is huge potential but also a risk because they probably also face a lot of problems, keep that in mind. For sure there are Points which I could list up. But I think I got the most important ones. I hope you understand now more about why the Market Cap is not higher. (Still, 2.5 Milliards is a huge step!) Have a nice day and feel free to resteem, vote and follow me for more content. Your Goodmindset Source: Roadmap: https://blog.iota.org/iota-development-roadmap-74741f37ed01 Market Cap: https://coinmarketcap.com