Hacker News Reader

You lost $71? That’s unfortunate. Should’ve bought more than $172 of IOTA.

No you lost the 100 USD when you purchased the IOTA. What you lost just recently was the IOTA.

Just reading this I can see you are new to crypto.

You did not lose 100 USD. You lost XXX MIOTA.

Weird distinction, is this a common thing in financial markets? Seems like he might have lost both if the network never comes back online.

If you're a stock trader and you buy $100 in a company that goes backrupt do you lose $100 or XXX stocks?

I bought monopoly money for 100 USD, hoping that they will become a thing. Then I lost my monopoly money. From my standpoint, all explanations are true, therefore irrelevant. I can no longer redeem my USD, 100 of them or less. 100 USD is gone during my gamble.

The responders are wrong about my proficiency with crypto. I've been following the tech and finance side of it since Bitcoin was worth 120 USD. I've written trade bots, some fun smart contracts and even participited in Dogecoin giveaway with some doge I mined.