Bitcoin Forum

Hi All, I wanna know that is that true that 1 Gi will be equivalent to 10 Bitcoins as biggest tech companies have adopted it?

Like Microsoft and Samsung

I think you are way ahead of yourself and AFAIK no companies have adopted Iota as yet--some companies are involved in a proof of concept data marketplace, so please lower the hype button.

Reverse Troll?

You can be sure of everything you want to believe. But, I very much doubt your approval. And I think that you should not flatter yourself in this.

Thats ok. I was purchasing around 100 Gi but now I have canceled to purchase it. Thank you for helping

if IOTA will be used in real life, but when there is no use case (because IoT not happen the way, we thinking now), than IOTA will go down.

I am pretty sure the price will grow to 8$, if IOTA want to grow more than we must see some usefull stuff from IOTA  ;)

This is almost impossible because IOTa market cap would have to exceed bitcoin market cap. Bitcoin has a working 'product' which is BTC and IOTa is still a prototype

don't touch shiota with a 10ft pole

Transaction times are inversely proportional to the number of transactions on the Tangle. The more transactions, the more quickly each transaction will be confirmed. As IOTA approaches critical mass of adoption, transaction times will approach the network propagation time. This thing is basically nice, but some other projects are promising big transation speed too, so, time will show is it really better than blockchain technology or not

IOT is considered by many to be the next digital game changer, with Cisco Systems Inc. who has touted it as a $ 19 trillion opportunity.price increases may exist but will not be that drastic.

IOTA is very strong cryptocurrency.it's growth is high because when IOTA lauch it's price is 0.61(Jun 2017) something. now 3.85.means growing very fast.soon it's availble  in BITTREX exchange so huge chance to increase. IOTA hit $20 in near future. :).

Although the coin's trajectory within the last week has been disappointing for me, I'm fairly confident that it will go up once again and hopefully reach $7 levels. I think the sudden interest in IOTA threw it off course for a bit, but hopefully it will recover.

So how much a single bitcoin can be worth of at that time when iota can have $19 trillion market cap?

For the moment Iota is the King of Hype, this being said everything is possible next year - but in both ways, up or down.

But with the current trend, it is likely to fall in coming days, my prediction is that it would go to 2.3-2.5$ before going up again, but the news after microsoft discussion may be a game changer.

I am also studying and want to invest IOTA, especially after reading https://fxdailyreport.com/best-cryptocurrency-invest-2018/ , I'm sure next year IOTA go to the moon

Does IOTA work right now independent?
Is IOTA decentralized System right now?

Today the answer is "No". because Iota is still in the beta stadium. without the coordinators Iota wouldn't`t work right now.

At the end of this year, the price will be around $10. thats a stupid question if someone call it centralize or decentralize, then what about zcash, dash those have a private blockchain?

No doubt its a good project but too much hype is doing many tricks with this hopefully this is going to be good but taking time if some one want to invest then surely do your own search and analysis then invest in any project just on hypes you can lost too much keep eye on this good news will come soon

Hello,

this is my first post on this forum. I also invested about 100$ into IOTA.

My red flags are: 33% Attack, Kind of centralized, in general seems to be less secure then other cryptocurrencies.

I like: It's from germany, it's scaleable, it could be hyped.

I think it is a little overpriced, but then on the other hand everything is a little "overpriced" atm, isnt it?

I am surprised at the level of research people have been doing.   Someone mentioned to me its the hot new thing, microsoft is onboard with cisco etc.    So then I went to check.

I checked, lots of talk about working with other companies, and this is everywhere, but the suspicious thing is it is all only from IOTA team.  Not a single statement of support from their so called partners.  Cisco is mentioned in this very thread, but i can't find any evidence that cisco is involved.  No press statement, etc.  Can someone please provide these?  Maybe my skills just suck, but all it seems like is terrible journalists blindly reporting IOTA press releases without getting statements from the 'partners' on what they intend to use them for.

I also then discovered some big bugs where the network has failed.

I then read of the concerns of the network scaling, the ease of attack, etc. and the Tangle network being highly unproven.

Then finally, I read that its theoretical and its not actually working yet outside of a lab environment.

Then i have my own thoughts, such as the sheer expense of mining on the clients.   We are talking about a highly, highly restrictive space here where devices need to be efficient.  If this is for IoT devices that have no memory, power, run ASIC type processing, etc, why would an expensive network like this be of value?  The use-case targeted doesn't shout blockchain at me, in fact distributed consensus is a very expensive process.


Therefore my predictions are:
1. People continue not to research and dump money in it, it will go up until it collapses when someone that everyone reads points out its BS.  Forbes, Economist, etc.  just takes a journalist that isn't a web blogger (no offence to web bloggers, some of them do a fantastic job, but that means they won't work for these big useless clickbait companies)
2. People continue not to research and dump money in it, it will go up and the IOTA team use the money to condense the vapour into something that exists, and it holds for a little while.  

Putting money into it is like playing a broken casino machine, but in the house's favour.

I could be wrong and perhaps didn't find information required to be informed because of bad googling, but I am completely unconvinced.

I'm not going to bother discussing attack vectors with you--you can go onto stack exchange for those discussions or ping ComeFromBeyond and let him make you look like an ass. BUT what I will do is expand your research reading so your concerns (trollish as they are) can be put to rest.

https://www.psychologytoday.com/blog/mind-in-the-machine/201712/how-fear-is-being-used-manipulate-cryptocurrency-markets

https://blog.iota.org/iotas-data-marketplace-setting-the-record-straight-576fbf0b4513

Bonus material: the CEO of Fujitsu Central Europe talking about Iota
https://www.youtube.com/watch?v=GLzLTWwO26s&feature=youtu.be

Bonus 2: found ComeFromBeyond's "easy to understand" guide to attacks
https://blog.iota.org/equilibria-in-the-tangle-let-me-try-to-explain-b22ad6f00c13

PS: you seem like a professional, so sorry about my quickness in handling your "concerns."

Iota is a prototype, yes. And bitcoin is an unfinished project. We all know how many problems bitcoin has when it comes to its realistic future usage in the real world if it becomes massively adopted. Its lack of scalability and high fees will make bitcoin completely impractical. Iota solves all of these issues. Iota has a real-world use case. If a cryptocurrency cant be used in the real world,  then it is ultimately worthless. When it comes to Iota's potential market capitalization, you people must realize that iota is a currency and not a stock. The demand for money is over 200 trillion dollars. If iota is a 10 billion dollar industry now and it is still in beta... The potential is astronomical. Look at ripple's recent parabolic rise for instance. It hit as high as 140 billion dollars in market cap simply over some rumors that it might be added to coinbase. If ripple were to actually replace SWIFT and be used as a currency by banks world-wide, it would have a market cap of many trillions of dollars bc thats how much money is moved everyday by banks around the world. So... Taking all of that into account, I can see iota having a market capitalization of many trillions of dollars if it is a success and if it actually gets the mass adoption that it has the potential to achieve.

IOTA coin Feature Maybe not good I think I move on the Litecoin or Ethereum Token Because both of them feature Golden I have research about both Cryptocurrencies.

IOTA will have a great time in 2018 and in 2019. The team is working hard on their product and it is one of the tangles coins that will see some nice gains after the people realized what a great technology it is!

IOTA is really long term project and HODL.
Their tangle technology is still far of being reliable. There's no working product just yet. Their wallet is very cumbersome and full of glitch.
But if you patients enough tho give them some time, you will get the price.
IOTA definitely aims for the future.

I am still not sure about the high prices for IOTA in the future because the total supply is very high and this could be a problem to grow in the price! But it will be a stable coin in 2018!

If you believe in Green energy, then invest in IOTA. Germany requires all new buildings to have at least 30% of their electricity come from green energy. The vision is that people will have their own free energy, in which they'd be able to sell that green energy back to power supply companies. IOTA would fit perfectly for that.

It's definitely a futuristic project. Once it's actually used/adopted, expect the price increase. Meanwhile, hodl hodl hodl.

China is also interested: https://twitter.com/BoschPresse/status/968479596868980737?s=20

China may well advance the United States in terms of economic growth during this revolution. I hope IOTA isn't banned in China and can be a global currency.

Kind of hard to ban something when it's being used as the infrastructure to your smart cities.

IOTA is the hottest cryptocurrency now and conquered fourth place regarding market capitalization at coinmarketcap.com. The Internet of Things (IOT) holds one of the most significant potentials for the change of human life. This may be the fastest growing market in the next few years

IOTA has a brilliant future ahead.
Highly talented active development team.
Highly reputable partnerships with massive companies.
Most promising and useful technology.
Definitely deserves a large chunk in any serious crypto investor's portfolio.