Rules

Title says it all. Want to get in before it his CB.

Is there any platform for a German IOTA Holder where you can sell IOTA with a stop loss order? bitpanda is too lean and simple. you can only buy and sell as I remember it correctly. I want to prepare some sales with a take profit/Stop loss order and I am searching for a platform which allows that. At best with low fees

Not sure if it have missed anything but can't find anyone else talking about it.

Why is it going up in price so much more than most alt coins?

https://www.crypto-news-flash.com/iota-price-analysis-can-iota-reach-1-in-2025-bullish-trends-ahead/

Let's see how long this lasts...

I’m noticing on my Binance.us iota transaction list that there seems to be very small lots being traded to drive up the price. Any insights on that?

https://usethebitcoin.com/altcoins/iota-price-prediction-2025-bullish-trends-and-experts-take/

2016 bag holder here. Have dca for years so average price is low-ish.

Always believed in IOTA, wrote a few papers on the technology during my masters. With the new direction we're heading I'm conflicted and my sell price strategy has changed. I use to have a particular price point and % to sell and then hold remaining. Now I'm thinking of selling most of it at a much lower price point.

Curious to see other users sentiment, guess the saying is when it seems to be the lowest sentiment to buy more, but iota is different.. considering how many times direction has been changed.

With iota riding bitcoins coattails I think we could see .17 /s

What is your price target for this Bullrun/Altcoin Season?

My average is at 0,80$ which sucks a bit. But I believe in prices around 1-2$

From UK. Logged into my Bitfinex account recently and found I magically have over $1000 of something called Shimmer? I think it's related to iota, but I never asked for it to be transferred to that.

Problem is, Bitfinex is delisting Shimmer soon, and none of my other exchanges seem to support Shimmer.

How should I proceed? Just want to get rid of it at this point.

I don't think I can trade it for another crypto within Bitfixnex, as I tried a search in the trading section and no luck.

Just seeing the last post was a month ago, wondering if there's still a community around iota present

AS the title says Shimmer is delisting from several exchanges. Is this project dead?

Looks like Bitfinex was first to delist and Bitpanda has just announced it's doing the same...

Bitfinex Delists Shimmer (SMR)

Bitpanda Announces Shimmer (SMR) Delisting

SMR looking a bit rekt.

https://x.com/Vrom14286662/status/1823820099008311736

https://preview.redd.it/13hjhbqcjvid1.png?width=520&format=png&auto=webp&s=f60302a40456df75fea484f1eee0670f1163952d

So, is shimmer also slowly dying like other projects within IF? It doesn’t change much in price except downwards

Is this Coin after alomst 10 years of develompent finally dead?

What is the cheapest way to get my funds off a CHF bank account to an exchange where I can get IOTA with minimum total fees? Is there a IOTA exchange in Switzerland?

Time is here for IOTA to hit the moon!!

Hey folks, longtime lurker and first time poster. I hear a lot about how hard it is to buy IOTA as a US citizen so I wanted to share my experience making a relatively large purchase with the least amount of fees (as well as brag about my new bag). This is in no way financial advice.

A little background about my trading history with Iota; I’ve been invested since 2017. I have personally made three purchases. One was near the ATH in 2017 (~$4.00), one in Oct 2020 at ~$0.25, and one over the course of this week (~$0.2385). I’ve been following fairly closely since the token blew up in 2017 and I strongly believe in the technology and the team building it regardless of all the current valid criticism and issues with the ecosystem. But this isn’t about iota; This is iotamarkets 😈.

You will need a few things to be able to go through the steps I describe below. You need a verified Coinbase account, a verified Binance.us account, and some cash to exchange for your precious jotas. “But jimmiscuous, there’s no liquidity on binance.us!” Just hear me out man. Do you want to trade on magicsea? The sea is dry my friend. At least for now.

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Holy Price Impact Jesus

For the more advanced traders of us, please feel free to skip to the third step.

First step: Load up your Coinbase account with USD and convert to USDC. USDC is feeless to 1. exchange from USD and 2. to transfer off the platform on Coinbase. This is your cheapest option to transfer into binance.us. For comparison, there was a roughly $500 fee to convert USD to USDT directly.

Second step: Transfer your USDC to binance.us and convert to Bitcoin. Then convert that Bitcoin to USDT. I tried to do a 1:1 trade of USDC to USDT, but there was absolutely no liquidity. You should be able to get in and out of Bitcoin fast. As you can see from the picture below, I even made a little profit. About $46: nice.

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Always use limit orders folks.

There are no trading fees on the BTC/USDC pair. Actually, throughout the whole operation, I didn’t pay more than $50 in trading fees thanks to the volume I was doing.

Third step: This is where things get interesting. Once you have your tether, it’s time to buy your jotas. Take a gander at the price action and pick your happy price (within reason you degenerate). Always use a limit order folks. It should get filled…wait…where is the liquidity????

That’s the interesting part. It really doesn’t look like there’s much going on when you look at the 24hr volume and the order spread. Take a look at the order spread on the day I completed my buy. Those numbers are tiny!!

A lot of 7s in there

Going into this trade I was not psyched because of how little volume appeared to be on the exchange. I even hit up my friends in Denmark and Germany to talk about doing the trade for me, but the tax burden made it not really worth it. I’m a super compliant guy after all. So I decided to roll up my sleeves and stick it out in the liquidity desert of binance.us. I was ready to go into the trenches for weeks, even months, if it meant getting my precious jotas. Or so I thought.

I made a few orders below market rate to test the waters on 4/18/24 and, of course, the price gapped up and my orders were hidden from view. Whatever, I’m in it for the long haul. We saw the price peak above $0.26 and then slowly gap back down to 0.24 on 4/23/24. There I decided I would make a buy spread around 0.24. Once I found my buy price, I stuck to it. I could stay in that trench forever. I set limit orders for .2410, .2400, .2900, .2385 and .2380 with a few lower in case of a flash crash.

I got my first drink of water at 11:14 am PDT on 4/23/24. A partial fill at 0.2410. I knew I had someone on the hook. I picked my spot, 0.2385, and laid down a couple grand on it and waited. I cancelled all my other orders above that spot to show my benefactor where I’d meet them.

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Fill me up baby

One hour later at 12:14pm, I received another sweet iota injection: this time a 100% fill at 0.2385. My eyes rolled back into my head. 35 minutes later I placed another order at 0.2385. Immediately filled upon opening. Dopamine flooded my brain.

After the initial excitement died down, I started to get suspicious. My 0.2380 order was untouched so this wasn’t some goober selling down the market. It felt like someone was looking at my orders and had silently agreed on my 0.2385 price after a 5 day deadlock. Stingy bastard wouldn’t even look at my 0.2380 order!

At 2:14pm, I placed another order for 0.2385. Immediately filled. Another one seconds later. Immediately filled. I took a break, but placed another and then another at 3:47, also immediately filled. I decided to lay all my cards on the table. At 3:48, I placed two very large orders for the remainder of my funds. I thought, “yeah, this guy’ll have to think about that one.” But they didn’t. Roughly 115k yodas straight into my mouth like a baby bird.

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Seller did not flinch

I was extremely pleased, but something was not quite right. None of those sell orders ever hit the live order book. If the price had gone up after one of my buys, it would always gap down to 0.2385 once I placed an order. Sure maybe they don’t want people to front run their sale, but there’s no liquidity anyway! Or at least that’s the way this seller wants it to seem.

This seller was also sitting on a very large stack of jotas. They sold almost 150k to me without even batting an eye once the price was set. This, to me, seems to be a highly capitalized individual or group with a vested interest in keeping the price of iota low. Also, to project an appearance of having low liquidity in the market. My buy 1.5x’ed the daily volume on binance.us that day. Who would sell this many jotas at such a low price? Nobody on iota discord I know. This is just my opinion based on my experience.

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Note the USDT volume. My order cost roughly 35k USDT. Still alotta 7s on that order book.

The whole time I was looking at the order book (a few weeks), it felt like no one was there but me. I didn’t see very many, if any, large sales go through. After I was done buying, I got curious and looked around the other non-US exchanges and noticed a similar trend. No big orders going through. The price of iota was moving on a dime in response to 7 iota trades. It feels like you can hear pin drop in all the iota trading pairs market wide.

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You're telling me no one is executing larger orders on bitfinex trying to get that sweet arbitrage? I admit, it's a small sample, but take a look for yourself.

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No one's executing on bitrue either?? Small sample but I doubt you would find much in the way of large executions if you took a look now.

What’s my takeaway? I’m going to get hypothetical and am no way asserting any of these thoughts as truth. And again, this is not financial advice. There is a liquidity fairy. I said it. Somebody is making this market liquid, but us joe schmoes can't see it. If I were a US based Iota enthusiast, I would try to meet the fairy before it goes away and we have to use magicsea and experience real price discovery.

Final thoughts:

Over the last 7 years, Iota's price has not spent much time below $0.25. Simply put, the price is a steal for us Iota maxis. Dom and the team have put out a vision for this project and have worked consistently for the last 7 years. Yeah, there was inflation, but you don't work on something for seven years if you don't think you can deliver. If the coin price ain't high, IF doesn't have access to capital, and they need to do something to keep it going. Iota 2.0 beta is almost done, IOTA EVM is just over the horizon. There is no better time to get in than now. Dom even told us we were war heroes at the recent binance event. IF needs us to do our part soldier! We even have our own enemy shills to tweet at (Looking at you DAGnetics and Guido Lange). If that doesn't inspire you to buy, then I don't know what will. That being said, I'm going to be making my quotas and buying my yodas.

TLDR: I bought some IOTAs in the US from a fairy. It was sweet!

Not looking good, price wise

So lost the 81 digit seed thingy and all I have is the total amount of what I have on the Firefly Wallet on my phone. I know its already a dead horse. There is an option to backup the wallet via exporting it. Now if I do that, can I then somehow put it into something else where I can actually keep my IOTA?

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This is all foreign to me and I am not too literate in all this, but would appreciate anyones help!