Bitcoin Forum

Hi guys,

I'm beginning to look forward to IOTA coin. What are your feeling on this one ?

I think it is an exciting project.  Super fast transactions and free.  What is not to like.  But it has been fraught with controversy over the past few months.  As I understand it, there is an issue (it may have been recently resolved) with their wallet, where people are not able to move money back to an exchange and sell.  I also seem to recall their was some discussion a month ago about whales artificially pumping the price. 

IOTA realy looks like a nice project to me, but there are plenty of misleading rumors out there that are keeping me from investing in the coin. First we all know about the problem about IOTA's dev team, that decided to create their own hash function, and they were about to create a serious vulnerability in the code, that was stopped in time, because someone outside the dev team, reported the problem and it was fixed.

The dev team actually that this event wasn't a big deal, and that the problem could not be exploited in order to harm IOTA users as everyone reported. Now I've heard some rumors that the allegedly partnerships with Fujitsu and Microsoft might not be true, and these news had a big impact on it's price. It's because of all these little things that I can't invest in IOTA right now. It looks like a good project to me, and I'm keeping an eye on it, but I will wait more time before buying it.

IOTA does seem to be a good project and a good coin for a long term investment but it is risky investing money in it. The IOTA coin has been idle for the past few months and was dropping in price for quite a few months. The dev team was not much active in it's development towards the coin and the coin didn't seem to have any progress until now. The price suddenly raised and many investors started investing in it. My conclusion towards IOTA will be "Invest on your own risk" :P

hi, here is very good insight about IOTA
https://hackernoon.com/why-i-find-iota-deeply-alarming-934f1908194b