Iota Technical Analysis December 28th!
Iota Technical Analysis December 28th! Above is the 4 hour chart showing a breakout from support at $3.25. Major resistance should occur at $4.30. Parabolic Sar is in a downtrend look for this to be broken before any upswing occurs. Stochastic RSI has crossed in the lower range and is rising a very bullish indicator. CME futures will end Friday nothing is holding back Bitcoin or ALTS at that point. Limit ups might push it higher on Sunday when CME futures open.Buying dips should be profitable till Sunday.
— Sabri Goldberg (@sabrigoldberg) December 19, 2017
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Kickstarter Campaign to Mint Physical IOTA Coins Gets Funded Successfully
HomeNewsCryptoKickstarter Campaign to Mint Physical IOTA Coins Gets Funded Successfully
Kickstarter Campaign to Mint Physical IOTA Coins Gets Funded Successfully JP Buntinx December 24, 2017 Crypto, News
In the world of cryptocurrency, there has always been a keen interest in physical objects. Whether they are coins, paper wallets, keychains, or anything else in tangible form, crypto-related merchandise and collectibles always do quite well. In the case of IOTA, a Kickstarter project was organized to mint physical coins. Surprisingly, this crowdfunding campaign has been fully funded, even though it still has nearly four weeks to go.
A PHYSICAL IOTA COIN IS COMING
Although most people may not necessarily see the benefit in a physical minted coin representing a popular cryptocurrency, they actually have many advantages. The first reason is that there’s usually only a small amount of physical coins available. As a result, minted physical coins representing any popular cryptocurrency will always be extremely collectible. While they may not necessarily appreciate in value over time, they hardly ever lose their value.
A secondary reason to pay attention to these minted coins is that they make for excellent gifts. Considering that people often want to introduce family members and acquaintances to cryptocurrency at some point, having a visual representation of a coin certainly makes a lot of sense. While their value is still not tangible in most cases, they certainly help people understand the concept of cryptocurrency a lot better. Again, not everyone will like physical coins by default, but they’re always nice to have.
One IOTA community member took it upon himself to explore the concept of minting physical IOTA coins. That has not been done by anyone else, and it doesn’t appear as if there was a big demand for them. Surprisingly, the Kickstarter campaign associated with these physical IOTA coins has been highly successful, as it raised around US$9,000 to start mining and issuing physical IOTA coins to campaign backers. After all, physically creating such coins is not cheap.
Although there are still nearly four weeks remaining in this Kickstarter campaign, its funding goal has been reached already. At the time of writing, 610 people had backed this campaign and contributed a total of almost US$16,000. This goes to show there is genuine interest in owning a physical IOTA coin. This overwhelming success is far beyond what most people had expected, but it’s also a positive sign for the future of IOTA in general.