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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: BlackWidow on February 28, 2016, 02:33:13 AM



Title: Is Iota a scam? COME TO FIND, ABSOLUTELY NOT!!!
Post by: BlackWidow on February 28, 2016, 02:33:13 AM
EDIT:

THIS WAS A THREAD ASKING IF IOTA WAS A SCAM BACK WHEN IT WAS NEW.

NOW WE ALL KNOW THAT IT IS A VERY SUCCESSFUL PROJECT


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 28, 2016, 05:23:46 AM
My opinion on the matter is that Jinn/IOTA was a very misguided attempt to start a company in a space where it is practically impossible to succeed due to the obstacles present.  I think Come-from-Beyond is a decent guy who is smart in the technical sense, but doesn't have a lot of business experience.  I don't think he set out to scam anyone.  David on the other hand, I'm not sure about.  David could just be very naive and lacking in any business skills.  Competing against the giant companies involved in hardware manufacturing with the budget and business expertise that they possess is for all practical purposes imo impossible.  You have to realize the companies they are up against.  These are companies with unlimited resources compared to them.  Regardless of how smart CfB is, he cannot compete against the teams these companies have assembled in this space.  He only has so much time a day and it is foolish to think he can out design and out produce a team of individuals.  I think choosing David for this project was the nail in its coffin.  David is a degenerate and a communist who has absolute no idea what he is doing.  Personally, I wouldn't hire David to take out the trash let alone be the CEO of a company.  Basically, he is a joke.  If you haven't seen his facebook page, you should look at it.  Between David and the other companies they are up against, imo the project is set to fail.


Title: Re: Is iota a scam?
Post by: Mel Brooks on February 28, 2016, 06:48:26 AM
The truth be told I am not one to know.











But



From my perusing of these "alternatives" to the coin of bit, I constantly find myself reminded of a film I wrote during my younger years way back in the 60's.


http://www.imdb.com/title/tt0063462/

The plot tends to only differ in that some how in cryptocurrency the plan seems to work as intended.






Title: Re: Is iota a scam?
Post by: rdanneskjoldr on February 28, 2016, 11:15:30 AM
I dont think its a scam. David is right that iota has been started to test in beta, although in a very early phase still, and most of that has been done on Ryver. And time has been well used meanwhile.

But its true that its stupid to claim there has been no delay at all or everything has been delivered, and keep making statements like:


Trust me, the price will *not* suffer. Pay attention to the news that will be released in the coming week and you'll see why;) We'll launch the official blog and forum of IOTA in the coming week with a lot of interesting news, so don't worry about price or development taking a blow.

that again have been missed. Why not just dont say anything and deliver when the right time comes? These comments only raise expectations and then tilt and make people lose hope in the project.


Title: Re: Is iota a scam?
Post by: crazywack on February 28, 2016, 11:38:05 AM
Development ALWAYS takes longe then projected. sit back and wait, also remember most ICO's dip before taking off.


Title: Re: Is iota a scam?
Post by: LEONPATTON on February 28, 2016, 02:44:14 PM
My opinion on the matter is that Jinn/IOTA was a very misguided attempt to start a company in a space where it is practically impossible to succeed due to the obstacles present.  I think Come-from-Beyond is a decent guy who is smart in the technical sense, but doesn't have a lot of business experience.  I don't think he set out to scam anyone.  David on the other hand, I'm not sure about.  David could just be very naive and lacking in any business skills.  Competing against the giant companies involved in hardware manufacturing with the budget and business expertise that they possess is for all practical purposes imo impossible.  You have to realize the companies they are up against.  These are companies with unlimited resources compared to them.  Regardless of how smart CfB is, he cannot compete against the teams these companies have assembled in this space.  He only has so much time a day and it is foolish to think he can out design and out produce a team of individuals.  I think choosing David for this project was the nail in its coffin.  David is a degenerate and a communist who has absolute no idea what he is doing.  Personally, I wouldn't hire David to take out the trash let alone be the CEO of a company.  Basically, he is a joke.  If you haven't seen his facebook page, you should look at it.  Between David and the other companies they are up against, imo the project is set to fail.

Do you mean Zimbeck?


Title: Re: Is iota a scam?
Post by: cryptomite on February 28, 2016, 03:36:09 PM
@op

No its not a scam.

Give David some credit. He's put together something big. So he's missed some deadlines. What else is new. You got a great investment. You won on this one. Enjoy the ride.


Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 04:19:02 PM
I dont think its a scam. David is right that iota has been started to test in beta, although in a very early phase still, and most of that has been done on Ryver. And time has been well used meanwhile.

But its true that its stupid to claim there has been no delay at all or everything has been delivered, and keep making statements like:


Trust me, the price will *not* suffer. Pay attention to the news that will be released in the coming week and you'll see why;) We'll launch the official blog and forum of IOTA in the coming week with a lot of interesting news, so don't worry about price or development taking a blow.

that again have been missed. Why not just dont say anything and deliver when the right time comes? These comments only raise expectations and then tilt and make people lose hope in the project.

Even responding to the troll DecentralizedEconomics is a waste of time, he was banned from nxtforum for death threats and had threads removed here for trolling before. So /ignored


Now rdanneskjoldr: GUI is the ONLY thing that has been delayed, which we have been completely open about, we have revealed which company we hired and why they failed to deliver. There has been absolutely no ambiguity or obfuscation of reality here. We have been 100% open and transparent all the way. Maybe this is why IOTA is already selling at 10-15x original price, yet you are complaining? We never even promised 1x and already delivered 15x before official beta launch and revelation of exciting news, yet you complain.

Are you participating in the testing? Weird if you bought software, yet aren't interested in testing it. What have you done for the ecosystem? Only in crypto do people buy software and EXPECT, no actually DEMAND a magic 100x is somehow 'owed' to them.  Crypto-greed is hilarious.


On topic:

No IOTA is not a scam, IOTA was sold legally as software, plain and simple. IOTA has partnered with different IoT groups and is being adopted into more and more projects. It will go into full beta soon and subsequent release.


Title: Re: Is iota a scam?
Post by: cryptohunter2 on February 28, 2016, 04:25:08 PM
The truth be told I am not one to know.













But



From my perusing of these "alternatives" to the coin of bit, I constantly find myself reminded of a film I wrote during my younger years way back in the 60's.


http://www.imdb.com/title/tt0063462/

The plot tends to only differ in that some how in cryptocurrency the plan seems to work as intended.






Mel Brooks? is that you?


Title: Re: Is iota a scam?
Post by: cryptohunter2 on February 28, 2016, 04:28:52 PM
My opinion on the matter is that Jinn/IOTA was a very misguided attempt to start a company in a space where it is practically impossible to succeed due to the obstacles present.  I think Come-from-Beyond is a decent guy who is smart in the technical sense, but doesn't have a lot of business experience.  I don't think he set out to scam anyone.  David on the other hand, I'm not sure about.  David could just be very naive and lacking in any business skills.  Competing against the giant companies involved in hardware manufacturing with the budget and business expertise that they possess is for all practical purposes imo impossible.  You have to realize the companies they are up against.  These are companies with unlimited resources compared to them.  Regardless of how smart CfB is, he cannot compete against the teams these companies have assembled in this space.  He only has so much time a day and it is foolish to think he can out design and out produce a team of individuals.  I think choosing David for this project was the nail in its coffin.  David is a degenerate and a communist who has absolute no idea what he is doing.  Personally, I wouldn't hire David to take out the trash let alone be the CEO of a company.  Basically, he is a joke.  If you haven't seen his facebook page, you should look at it.  Between David and the other companies they are up against, imo the project is set to fail.

Do you mean Zimbeck?


I don't think so. David Zimbeck works on bitbay and night trader only now. As far as i know. Why would you think they refer to him?


Title: Re: Is iota a scam?
Post by: achimsmile on February 28, 2016, 04:42:45 PM
Delay does not equal scam. Noone likes delays, but they happen often.
You may think about "the main guy" david what you want, but the ideas behind iota are very smart.

That being said, I'm running a iota node since 3 weeks. So nope, no scam here.


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 04:46:57 PM
Read the unmoderated IOTA thread, you could start here at https://bitcointalk.org/index.php?topic=1354220.msg14029127#msg14029127 and then you will understand why IOTA is a blatant scam. Zero monetization route for the technology, never mind the fact that they do not have any IoT technology nor the resources and expertise to create one.

You must understand, scams like IOTA have nothing to do with technology, business nor monetization. The monetization route and business model of the IOTA scam are based on the concept of milking money from the idiots. It is a straightforward law enforcement matter, just like Mooolah, Bitbay and Banxshare scams were.


Title: Re: Is iota a scam?
Post by: achimsmile on February 28, 2016, 04:51:41 PM
they do not have any IoT technology nor the resources and expertise to create one.

Then the iota version I'm running right now must have been created by a unicorn. That's fine with me.


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 05:18:05 PM

IOTA was sold legally as software, plain and simple. IOTA has partnered with different IoT groups and is being adopted into more and more projects. It will go into full beta soon and subsequent release.

Don't lie you pathetic scammer, even if you are too desperate to explain your scam.

a)  IOTA is in breach of all relevant EU and US financial securities regulations. You are defrauding money from these idiots by selling illegal financial securities. You think you will mask the nature of your scam by calling it for software - in fact such desperate misleading masking only highlights the nature of your fraud. You are saying it is a software and it is not a speculative instrument. In the meantime you hype the scam with your predictions and statements about 10-15x ROI - the usual misstep from an incredible primitive scammer. Such misstep was seen that from the Mooolah Ryan Kennedy (who is in jail now), so law enforcement is familiar with wankers like yourself.

b)  Since you are a pathetic scammer and nothing more, you do not have any "IoT groups" that endorse you non existent shit. No IoT solution provider nor an IoT technology business is interested in your non existent vaporware. It would be a surprise if it would be any, as the few Java files that implements the IOTA protocol have nothing to do with IoT application development. The only "groups" which you have any relations to is those Hong Kong based non entity, nobody knows them in the IoT sector.

c)  Despite you promised so many things for the idiots who invested in you, you did not deliver anything in the last four months. You have zero IoT projects. None. You could make zero sell. You couldn't even deliver a fucking GUI in 4 months. No wonder you couldn't deliver anything: you have zero experience in software development and your zero employee IOTA business operates in your momma's basement.

So fuck off scammer and wait for the law enforcement in your momma's basement.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 05:20:27 PM
They promised Xmas release

Do you have the link handy?


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 05:30:05 PM
That's fine with me.

Of course it is fine with you. The scam was created for the shrills and idiots like yourself (pick which is applicable to you) who invest in an IoT business and then "fine" with the fact that what you received has nothing to do with IoT. Why would you care you received a few poorly written Java files that implements the IOTA protocol, which of course has nothing to do with Internet of Things. (Let me don't explain here what an IoT system is, how authorization, access control, device management, provisioning, etc. assemble an IoT system, I explained it in other threads). So of course you are fine with that. You are just waiting for the start of the P&D to sell the shit at the expense of the even more idiots who buy into the hype of the IOTA shills and sockpuppets.



Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 05:40:43 PM
Read the unmoderated IOTA thread, you could start here at https://bitcointalk.org/index.php?topic=1354220.msg14029127#msg14029127 and then you will understand why IOTA is a blatant scam. Zero monetization route for the technology, never mind the fact that they do not have any IoT technology nor the resources and expertise to create one.

You must understand, scams like IOTA have nothing to do with technology, business nor monetization. The monetization route and business model of the IOTA scam are based on the concept of milking money from the idiots. It is a straightforward law enforcement matter, just like Mooolah, Bitbay and Banxshare scams were.

Haha, I love how your view evolves with each tidbit of info you find after countless hours spent scouring the internet for any piece of info you might be able to mould into your troll narrative. First you are ADAMANT that IOTA was ran by a Norwegian 24 year old with no registered company and a Belarusian scammer, now it is indeed registered and ran by someone born in 1989. Did these facts contradicting your previous claim make you accept that you are wrong? Nah, of course not. Oh and btw really nice to see my childhood home on here, I did indeed live there at one time, beautiful scenery on the Norwegian country side. If you continue Googling you might even find MY real address and even full birthday!

But since you're like a malignant tumor that got nothing better to do but spread your nonsense everywhere, let's just face this head on for the 100th and final time. I challenged you to provide me with your legal name to see if you are indeed willing to stand behind your provably false claims that IOTA is a scam and fraud. Of course you pussied out and did not dare to do this, instead you disappeared for a few days to rinse off the embarrassment and came back pretending that you never ran away with the tail between your legs only to continue spewing nonsense.

So here I'll address these trolls' caims for the 100th and final time:

1. IOTA has no monetization plans. Of course not, that would make it an asset/security. We always sold IOTA the technology as software, just like Ether in Ethereum and Rep in Augur is software. IOTA software allows you the ability to do transactional settlements, messaging and data transfer with a heavy emphasis on the IoT ecosystem (lightweightedness) CAN this software increase in value? Sure, an integral part of this software's functionality is that it exist in a fixed quantity, a side effect of this is that it can indeed increase in value with demand, just like all other things that exist in a fixed limited quantity. In fact by the demand side it already has appreciated in value, this is a result of the free market, ANYTHING can increase/decrease in value, but we NEVER made any such promises. The monetization purchasers of IOTA can get is through what they build with IOTA. That is YOUR responsibility as a buyer, not ours.

2. IOTA is vaporware, it doesn't and will never exist. Again you make this hyperbolic statement in the face of plain evidence to the contrary. This reveals your true nature as someone with truly no intention of finding and exposing the truth, rather you saw IOTA as a threat to Gadget (this is well documented a month prior to us even announcing the crowdsale) and decided that you'd dedicate your life (well if it can even be considered a life) to try in a futile effort to bring the project harm. Fortunately trolls have no influence on development. IOTA back-end has been developed and gone through intensive testing and optimization for a long time already. So yea, your claim is 100% fallicious, as always

3. Jinn the hardware processor is also vaporware and cannot come to fruition because we're not billionaires and we're not Intel. Once again this reveals that you have absolutely no understanding of the real world (which has become quite apparent by this point). We never stated we would go up against Intel's market (except of course natural competition in IoT division). Intel has a virtual monopoly on desktop and server high-end processors, we're not even looking at this market. We have always stated from day 1 that we're developing a processor for distributed computing in IoT. And yes, we already got manufactured hardware tested, so again no vaporware. Again: you have been proven wrong. But now to the real point: What we're developing is called Hardware Intellectual Property, which is essentially licensing, which is what companies such as ARM Holdings have been doing for decades. This means that you do not manufacture the hardware yourself (it would be extremely expensive, think Intel/Samsung/IBM), rather you come up with the architecture, make prototypes, manufacture a small set of full processors and hand them off to product engineers with specs, if they like it they may buy X licenses from you and then the chips are manufactured and placed into the devices.  TADA. This is not magic, nor is it quantum physics, you should be able to grasp it.

4. David is an international communist!. Due to me having written extensively about my support for Universal Basic Income to counter the inevitable huge loss of jobs that Industry 4.0 (where IoT makes up a big part) will bring, I have become known as a 'international communist' by these trolls.  Yet I argue for business bringing about change. What to make of this? I know your trolling brains cannot hold two ideas at once, too much cognitive dissonance, so you are unable to see the infinite nuances in the world that need to be taken into consideration to achieve something of value. Just to add fuel to this fire: I am even a long term supporter of Bernie Sanders!


Now either fork over your legal name so that we can settle this illegal slander once and for all, or just continue trolling with not even ONE real person taking you seriously. It genuinely satisfies me to know that you trolls are spending a HUGE amount of time, literally making up a real measurable part of your entire life, time that you will never ever get back. You were (unfortunately most would say) against all odds born into this universe, an event that will never happen again, by nature herself given this one single opportunity to experience the world in all its glory, maybe even leave a footprint in the sand of time, but instead you have decided to sacrifice it for us. All in a fruitless endeavor. It's almost as if your envy towards us alone is worth more than your actual life. Out of the very finite amount of grains of sand in your hourglass you are dedicating a big portion just to vent your frustration, frustration which has built up throughout your failed existence, on us. Almost like we should feel honored. But now I got real work to do. Thanks for the entertainment, maybe you should consider getting a job in comedy.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 05:49:16 PM
Now either fork over your legal name...

Hm, even if he gives his legal name any judge will declare him incapacitated after reading his posts, better leave it as is.


Title: Re: Is iota a scam?
Post by: achimsmile on February 28, 2016, 06:04:56 PM
poorly written Java files
Link to the files and code lines together with an explanation on why they are poorly written, or I will conclude that you are a liar.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 06:21:08 PM
or I will conclude that you are a liar.

LOL, it was shown several times.


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 06:30:21 PM

just continue trolling with not even ONE real person taking you seriously.

To be honest son, I have read only the last paragraph from your long-long desperate post and I didn't even read it further than this quoted sentence. Your delusional explanations about IoT and hardware does not make sense to any rational individual who ever worked a day in technology, and therefore I am not interested any more in your excuses and nonsenses. So if it is too long then I don't read them. Either make it short or accept that I am not interested in your long nonsenses any more. You had enough chances to explain yourself and you have failed miserably.

Here is the bad news for you with regards to that quoted sentence: law enforcements always take seriously my "trolling". They have to be interested, that's their job. They can't say we don't go after David Sønstebø if there is an information regarding to a fraud (the fraud is in your case: selling illegal financial securities plus promising to deliver solutions [JINN, IoT] which you could obviously not deliver with your zero expertise and zero employee business), can they? Therefore, because law enforcement can't ignore such "trolling" the Mooolah scammer Ryan Keneddy is in prison. He was so confident and condescending not long time ago like yourself you stupid fuck, and now he is in jail. Similarly, law enforcement was very interested in the Bitbay as well as in the Banxshare scams and acted upon my submissions. You are fucked this up son in a big time.


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 28, 2016, 06:31:22 PM
David is a degenerate and a communist who has absolute no idea what he is doing.  Personally, I wouldn't hire David to take out the trash let alone be the CEO of a company.  Basically, he is a joke.  If you haven't seen his facebook page, you should look at it.

Do you mean Zimbeck?

I don't think so. David Zimbeck works on bitbay and night trader only now. As far as i know. Why would you think they refer to him?

No, his name is David Sonstebo.

Here, take a look at this for laughs.

https://i.imgur.com/BDsOmbL.jpg

Let's see here... he likes "Hip Hop Music", "Jimi Hendrix", the "Grateful Dead", "Pink Floyd", "George Carlin", "Poker", "Jack Daniels", and that AIDS-infested "Charlie Sheen" twice.  So basically, we get from this that he likes drug use, gambling, drinking, and inappropriate behaviour.  This is the genius that is over IOTA/JINN.  Yeah, good choice.  This is who I would want looking over my company.  What a total joke.

Now before David starts screaming "SLANDER! SLANDER!", let me remind him that it's only slanderous if it's not true.  David claims to be an expert on everything, but in reality is an expert on nothing.

Even responding to the troll DecentralizedEconomics is a waste of time, he was banned from nxtforum for death threats and had threads removed here for trolling before. So /ignored

That's a lie.  I told a moderator, Farl4bit, to "Kill Yourself".  That's not a threat.  It is a suggestion that he ends his own life, because he's an idiot.  The mass majority of moderators on NXT forum are traitors to the original ideology of NXT, and will go to any length to silence any opposition.  They are against free speech.  How can you believe in decentralization without believing in decentralization of thought?  They are hypocrites.  I think the NXT Foundation, marketing committees, moderators have done nothing but destroy NXT.  They are the idiots that are running around saying that NXT doesn't deserve to be number two, but it should be number three.  They are the traitors who refer to NXT as an "altcoin".  NXT never was intended to be an "altcoin".  NXT was always intended to be Bitcoin's replacement.  If it is not this, then it is nothing at all.  Instead, those morons who are running the show over there claim that people should get involved in Bitcoin first and then later get involved in NXT.  They have stripped the original ideology out of the movement.  They didn't like me saying these things.  This is why I was banned from NXT forum.

4. David is an international communist!. Due to me having written extensively about my support for Universal Basic Income to counter the inevitable huge loss of jobs that Industry 4.0 (where IoT makes up a big part) will bring, I have become known as a 'international communist' by these trolls.  Yet I argue for business bringing about change. What to make of this? I know your trolling brains cannot hold two ideas at once, too much cognitive dissonance, so you are unable to see the infinite nuances in the world that need to be taken into consideration to achieve something of value. Just to add fuel to this fire: I am even a long term supporter of Bernie Sanders!

Thanks for proving my point.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 06:34:42 PM
You have problems with "Pink Floyd"? Can't believe you are serious.


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 28, 2016, 06:36:48 PM
You have problems with "Pink Floyd"? Can't believe you are serious.

Liking "Pink Floyd" is the least of his problems.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 06:41:25 PM
Liking "Pink Floyd" is the least of his problems.

Ah, ok, didn't read your post completely, it was too long.

EDIT: Where is the beard BTW?


Title: Re: Is iota a scam?
Post by: 50cent_rapper on February 28, 2016, 06:44:25 PM
I like South Park too  8)


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 06:52:00 PM
The horny prison population will be happy when this little bitch will bring his his fucked up face and his ready to go tight ass to the meat market. A well deserved 24/7 oral and anal sex will be the new business plan for our David boy soon.



  


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 06:53:08 PM
I like South Park too  8)

Everyone likes South Park. It's like masturbation, everyone likes it but not everyone has balls to admit that.  :D


Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 06:54:00 PM

Haha, I can't even..
Indeed, that's my old (~2008ish facebook profile, I was 19 at the time, so handsome). Here is my more recent twitter profile (i'm not very active here either www.twitter.com/davidsonstebo)

Yes, I am very pro-legalization and decriminalization of drugs for numerous reasons. First and foremost: I think every individual has self-autonomy (as long as you don't pose a threat to other people), this means that if you want to smoke weed, take MDMA or drink whiskey, this is YOUR choice, not something the state should interfere with. However I am also pro-regulation, such that users pay a fee/tax on their consumption, so that when your liver, lungs or other anatomy collapse from abuse, the cost in healthcare has already been provided through this fee/tax. The bigger argument in favour of decriminalization of drugs is that the war on drugs has been an abysmal failure which has ruined countless lives. I claim the war on drugs is one of the biggest humane fuck-ups in modern history, taking a backseat only to us ignoring climate change and letting it evolve. I am surprised that you as a 'white male libertarian bro' want to govern what people can and cannot put into their body.


And yes, while these listings goes back several years not too much has changed, I still listen to much of the same music. I know, it must be a shock that a millenial listens to hip hop and rock, it is the devil's music after all! I feel so exposed now :(

Ah so this is where you got that Charlie Sheen reference from, I was wondering about that. I'm not really sure when I liked that, probably due to 2 and a half men way back in the day, sorry I can't give some elaborate explanation, it'll remain one of the big wonders of the universe.

I would actually take issue with your claim that poker is gambling too. Gambling implies that it's pure chance. Poker is most definitely not a game of pure chance as the chance element can be controlled to a certain extent through understanding of statistical variance and odds. Here is one academic paper on this matter: http://online.liebertpub.com/doi/abs/10.1089/glr.2008.12105?journalCode=glr there are literally countless more. So no, I do not gamble, I do play poker from time to time though. This is where most of IOTA's funding has went, naturally.


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 06:57:26 PM
LoL the good news for IOTA investors that this David wanker plays poker. At least there is approximately 1% chance that his IoT/hardware business can generate some revenue - from poker.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 06:57:40 PM
So no, I do not gamble, I do play poker from time to time too. This is where most of IOTA's funding has went, naturally.

Coffee girl, don't forget about the coffee girl.


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 28, 2016, 07:01:24 PM

Haha, I can't even..
Indeed, that's my old (~2008ish facebook profile, I was 19 at the time, so handsome). Here is my more recent twitter profile (i'm not very active here either www.twitter.com/davidsonstebo)

Yes, I am very pro-legalization and decriminalization of drugs for numerous reasons. First and foremost: I think every individual has self-autonomy (as long as you don't pose a threat to other people), this means that if you want to smoke weed, take MDMA or drink whiskey, this is YOUR choice, not something the state should interfere with. However I am also pro-regulation, such that users pay a fee/tax on their consumption, so that when your liver, lungs or other anatomy collapse from abuse, the cost in healthcare has already been provided through this fee/tax. The bigger argument in favour of decriminalization of drugs is that the war on drugs has been an abysmal failure which has ruined countless lives. I claim the war on drugs is one of the biggest humane fuck-ups in modern history, taking a backseat only to us ignoring climate change and letting it evolve. I am surprised that you as a 'white male libertarian bro' want to govern what people can and cannot put into their body.


And yes, while these listings goes back several years not too much has changed, I still listen to much of the same music. I know, it must be a shock that a millenial listens to hip hop and rock, it is the devil's music after all! I feel so exposed now :(

Ah so this is where you got that Charlie Sheen reference from, I was wondering about that. I'm not really sure when I liked that, probably due to 2 and a half men way back in the day, sorry I can't give some elaborate explanation, it'll remain one of the big wonders of the universe.

I would actually take issue with your claim that poker is gambling too. Gambling implies that it's pure chance. Poker is most definitely not a game of pure chance as the chance element can be controlled to a certain extent through understanding of statistical variance and odds. Here is one academic paper on this matter: http://online.liebertpub.com/doi/abs/10.1089/glr.2008.12105?journalCode=glr there are literally countless more. So no, I do not gamble, I do play poker from time to time though. This is where most of IOTA's funding has went, naturally.

You're an idiot.


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 07:02:45 PM

sorry I can't give some elaborate explanation


Don't be sorry son, we got the full picture. We understand why you don't have a job like others have in your age group and instead of why you are scamming people with your fucked up money collecting parties.


Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 07:05:07 PM
So no, I do not gamble, I do play poker from time to time too. This is where most of IOTA's funding has went, naturally.

Coffee girl, don't forget about the coffee girl.

Ah yea, she'll be pissed this month, I lost her salary on a AK all-in ;\ O'well, she'll understand..



Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 07:07:25 PM
We need more people in this thread, good ole trolling of trolls is a good ending for a weekend evening...


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 07:16:52 PM
We need more people in this thread, good ole trolling of trolls is a good ending for a weekend evening...

No, what you need is luck (a lot luck) Sergey, when you have such a business partner like this stupid fuck.


Title: Re: Is iota a scam?
Post by: dragonator on February 28, 2016, 07:18:24 PM
So no, I do not gamble, I do play poker from time to time though. This is where most of IOTA's funding has went, naturally.

Wait, what?!


Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 07:23:36 PM
So no, I do not gamble, I do play poker from time to time though. This is where most of IOTA's funding has went, naturally.

Wait, what?!

There might be a non-zero amount of sarcasm in that sentence.


Title: Re: Is iota a scam?
Post by: btcxyzzz on February 28, 2016, 07:31:23 PM
Let's see here... he likes "Hip Hop Music", "Jimi Hendrix", the "Grateful Dead", "Pink Floyd", "George Carlin", "Poker", "Jack Daniels", and that AIDS-infested "Charlie Sheen" twice.  So basically, we get from this that he likes drug use, gambling, drinking, and inappropriate behaviour.  This is the genius that is over IOTA/JINN.  Yeah, good choice.  This is who I would want looking over my company.  What a total joke.

Basically, he has some quite good taste when it comes to art. Babbling about drug use, gambling, drinking,  etc...  Your assaults are empty as empty can be.
Trolls lost the battle here, after reading the whole thread I have zero feeling IOTA Token is scam. Maybe it will be failed product, but not a scam!


Title: Re: Is iota a scam?
Post by: btcxyzzz on February 28, 2016, 07:33:56 PM
Yes, I am very pro-legalization and decriminalization of drugs for numerous reasons. First and foremost: I think every individual has self-autonomy (as long as you don't pose a threat to other people), this means that if you want to smoke weed, take MDMA or drink whiskey, this is YOUR choice, not something the state should interfere with. However I am also pro-regulation, such that users pay a fee/tax on their consumption, so that when your liver, lungs or other anatomy collapse from abuse, the cost in healthcare has already been provided through this fee/tax. The bigger argument in favour of decriminalization of drugs is that the war on drugs has been an abysmal failure which has ruined countless lives. I claim the war on drugs is one of the biggest humane fuck-ups in modern history, taking a backseat only to us ignoring climate change and letting it evolve. I am surprised that you as a 'white male libertarian bro' want to govern what people can and cannot put into their body.

+1. Completely morally and ethically right. Only sheeple does not think like this.


Title: Re: Is iota a scam?
Post by: dragonator on February 28, 2016, 07:34:22 PM
So no, I do not gamble, I do play poker from time to time though. This is where most of IOTA's funding has went, naturally.

Wait, what?!

There might be a non-zero amount of sarcasm in that sentence.

Okay; sarcasm is harder to detect on the internet, a "/s" would help  next time :)

Also; while altcoinUK is trying to slander iota, responding with sarcasm does not help. Staying professional will always appear more legittimate then resorting to sarcasm.


Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 07:35:02 PM
Let's see here... he likes "Hip Hop Music", "Jimi Hendrix", the "Grateful Dead", "Pink Floyd", "George Carlin", "Poker", "Jack Daniels", and that AIDS-infested "Charlie Sheen" twice.  So basically, we get from this that he likes drug use, gambling, drinking, and inappropriate behaviour.  This is the genius that is over IOTA/JINN.  Yeah, good choice.  This is who I would want looking over my company.  What a total joke.

Basically, he has some quite good taste when it comes to art. Babbling about drug use, gambling, drinking,  etc...  Your assaults are empty as empty can be.
Trolls lost the battle here, after reading the whole thread I have zero feeling IOTA Token is scam. Maybe it will be failed product, but not a scam!

Don't worry, these 2 guys are literally spending a big chunk of their lives doing nothing but wallowing in envy.

If IOTA fails as a product it won't be because of the software or the work we do at least, that I can ensure you, but like I have said a hundred times: IOTA's success in terms of adoption and growth is fully reilant upon the community, which is fortunately growing day by day. We'll soon move over full time to http://forum.iotatoken.com and leave BTT behind. But we won't do this officially until the beta is launched.


Title: Re: Is iota a scam?
Post by: iotatoken on February 28, 2016, 07:38:25 PM
So no, I do not gamble, I do play poker from time to time though. This is where most of IOTA's funding has went, naturally.

Wait, what?!

There might be a non-zero amount of sarcasm in that sentence.

Okay; sarcasm is harder to detect on the internet, a "/s" would help  next time :)

Also; while altcoinUK is trying to slander iota, responding with sarcasm does not help. Staying professional will always appear more legittimate then resorting to sarcasm.

Sure I understand your sentiment, but you have to understand that this goes back months. These two rejects have spent literally several hours DAILY since October(!) just lying about IOTA. We've been everything from scammers, basement dwellers, communists, aliens, mafia, fraudsters, crackheads etc. So we have stopped even replying to these guys. I decided to give one final and thorough reply in this thread to address his 'supposed concerns' just to ONCE AGAIN show any new person that literally EVERY.SINGLE.ONE of his posts are lies.

So don't worry about it.


Title: Re: Is iota a scam?
Post by: VultureFund on February 28, 2016, 07:39:52 PM

sorry I can't give some elaborate explanation


Don't be sorry son, we got the full picture. We understand why you don't have a job like others have in your age group and instead of why you are scamming people with your fucked up money collecting parties.



Hey failed old man, how does it feel to look how under 30 year boys get more success and money than you ever had in your shitty working life?? ;D ;D

I'm 20 too, and my prostate is at 200%. How is yours old man? ;D ;D ;D


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 07:57:26 PM
No, what you need is luck (a lot luck) Sergey, when you have such a business partner like this stupid fuck.

Oh, you talk directly to me? I thought we had agreed that you are incapable to be responsible for your deeds so I stopped talking to you. Well, I can give you another chance. As one of my ex-gfs said - Let's start all over again, haha.


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 08:41:15 PM
As one of my ex-gfs said

Are you married and do you have children?


Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 09:35:38 PM
I have zero feeling IOTA Token is scam. Maybe it will be failed product, but not a scam!

Are you stupid or are you just shrilling too? If we know at this moment in time that this is a failed product then it is a scam, isn't?   

Here are the planned products: the IoT system and the revolutionary asynchronous microprocessor, that clearly cannot be delivered by these two, momma's base operator money collectors. We established that these two low life P&D operators due to lack of experience in IoT, lack of resources, never mind the lack of interest in the IoT sector with regards to their product won't be able to monetize the IOTA protocol nor will be able to monetize on the idea of a non existent revolutionary asynchronous microprocessor. Summa summarum, there are zero products and zero monetization. In the meantime, these two collects money by promising to monetize on the software. Therefore, this whole proposition is a blatant scam.

Don't get me wrong, I don not want to convince a shill like yourself with anything. I am writing this so the naive potential "investors", the targets of the incoming P&D can understand the background of this blatant scam.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 28, 2016, 09:40:58 PM
Are you married and do you have children?

I don't know you well enough to answer this question. Ever heard of "prelude"?


Title: Re: Is iota a scam?
Post by: Timeline on February 28, 2016, 09:52:11 PM
Altcoinuk must be the funniest troll on this site I have ever met. What's your reason to hate IOTA so much? No one has been scammed like you claim so where is all this hate coming from?
Anyways this is some fun weekend entertainment to read this thread, thank you for the lolz.  :D


Title: Re: Is iota a scam?
Post by: rdanneskjoldr on February 28, 2016, 10:04:37 PM
yet you complain.


You didnt get my post, i dont care of delays and i defended you. The only thing i do care, is making statements like next week we are delivering a website, blog, forum, and big news, etc... and then nothing occurring. That is what tilts people because you bring up their expectations. Just deliver when you think its the right time.



Title: Re: Is iota a scam?
Post by: altcoinUK on February 28, 2016, 10:28:58 PM
Altcoinuk must be the funniest troll on this site I have ever met. What's your reason to hate IOTA so much? No one has been scammed like you claim so where is all this hate coming from?
Anyways this is some fun weekend entertainment to read this thread, thank you for the lolz.  :D

No, no. No hate from my part whatsoever. Check my posts and you will see that I am a prolific scam buster of this toxic microcosmos, and therefore I provide fresh meat for the horny prison population from time to time by exposing blatant scams like I did in the case of Moolah, Bitbay and Banxshare. These two baby face (more precisely the baby face CfB and the fucked up face David boy) tight ass IOTA scammers will be certainly appreciated in the prison where the womanly participants are always welcomed. So there is no personal agenda, though I have to admit if these two wankers wouldn't attack me in the first place or if they would be civil with me, then I probably would have not even noticed this blatant scam.


Title: Re: Is iota a scam?
Post by: Videodrome on February 28, 2016, 11:23:13 PM
too many time wasted with this no lifer troll.

he is not even funny , he is scaring me like a Stephen King book.



Title: Re: Is iota a scam?
Post by: altcoinUK on February 29, 2016, 12:09:05 AM

Fucking hell Videodrome. You are enthusiastically shilling for IOTA and proudly advertise LISK in your signature. (LISK is another blatant scam rolled out exclusively for these idiots). You must be not the sharpest knife in the kitchen, ain't you?


Title: Re: Is iota a scam?
Post by: MsCollec on February 29, 2016, 12:15:48 AM
No, it's not a scam. Just a vaporware   :D


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 29, 2016, 12:22:52 AM
No, it's not a scam. Just a vaporware   :D

I'm missing you too, good old Nxt days, do you remember them?..


Title: Re: Is iota a scam?
Post by: MsCollec on February 29, 2016, 01:27:28 AM
No, it's not a scam. Just a vaporware   :D

I'm missing you too, good old Nxt days, do you remember them?..

I think you mistook me for someone else. I never argue with u on Nxt. I think we cross path on Nxt and eMunie  ???


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 29, 2016, 02:27:01 AM
I can't for the life of me figure out why CfB chose David to be the CEO of this "company".  Almost anyone would have been better.  He could have chosen a random individual off the street and gotten a better CEO.  Regardless of the viability of this venture, which imo there is none, David is single-handedly driving it into the ground.  He isn't professional in the least, doesn't have the slightest clue as to what he is talking about regarding anything, and nobody takes him seriously.  If I was ever involved in JINN / IOTA, which I've never been, just seeing David's lack of professionalism and business acumen would make me immediately abandon ship.  I used to have a lot more respect for CfB than I do now.  I think CfB is book smart, but I don't think he has very good business sense.  If he chose David and then realized that he was a screw up, he should have dumped him and found somebody else.  How can you not think that somebody who advocates drug use and gambling isn't a screw up and is a good fit for your company regardless of their position?  By the way David, just because you think something is a "game of skill" doesn't mean that it is not gambling if you are wagering money or anything of value.  What a ludicrous idea.  This is how disconnected David is from reality.  David and CfB's decisions and personal values do not reflect well on themselves or the project nor do they provide any confidence in anybody involved.  Let this be a lesson to everyone that you are who you choose to associate with.


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 29, 2016, 02:38:17 AM
https://i.imgur.com/qG3u3FA.jpg

Haha, I can't even..
Indeed, that's my old (~2008ish facebook profile, I was 19 at the time, so handsome). Here is my more recent twitter profile (i'm not very active here either www.twitter.com/davidsonstebo)

Nice lie by the way.  So you knew about and liked NXT back in 2008?  That's some foresight you have there.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 03:36:55 AM
Wow! So much shit from you fucking oligophren and your sockpuppets. Hey you altcoinUKfuckingWhore is that your brain that freed itself from tumor?  ;D ;D ;D

The Zika virus had apparently spread earlier. Aside to you debile.  :o

You have an IQ of 6, at 8 is sow grunting. Compared to you a gorilla is an intellectual. You must grow to entertain us better you buttocks centered impersonator of thinking.  :-*

daughter, you little unsatisfied bitch. Bad news for you. If you get in jail you remain unsatisfied because no one wants such a piece of nasty stinking shit.   ;D ;D ;D

Warning for you pathetic liar: your disease progresses.

The horny prison population will be happy when this little bitch will bring his his fucked up face and his ready to go tight ass to the meat market. A well deserved 24/7 oral and anal sex will be the new business plan for ...

... for you little whore to entertain us  ;D


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 03:50:44 AM
@allNormalHere

IOTA is and will be a great product. We have a great growing IOTA community and no one can stop us.

I have installed now the latest 0.5.0 version of IOTA Software. Works perfectly for me. No problems, just as in the last version.


Title: Re: Is iota a scam?
Post by: iotatoken on February 29, 2016, 03:51:58 AM
My mommy didn't love me enough and my daddy loved me too much :(

Hahaha I'm literally in tears now, you've been putting my Facebook profile under the microscope, searching through it with a fine tooth comb in hopes of finding something, ANYTHING. Then you see that I 'facebook liked' NXT back in 2013 and your brain is like "FINALLY!" and actually think you've found SOMETHING, a glimmer of hope that you can cling to, SOMETHING that shows that you're not a complete waste of space. I know I should find it creepy that you are so obsessed with me, but damn. It's just too sad. I would literally have slit my wrists and downed 10 bottles of opiates if I ever found myself obsessing over someone more successful than me to this point, goddamn. I never said I haven't used the account since then, as a matter of fact I was using it to chat with a childhood friend of mine just 4 days ago. But I don't actively use it. I dislike facebook, it bores me, kind of like you at this point. (if you must know I use Snapchat and IG)

That being said, I can't help but get a good laugh out of the sheer hilarity of someone claiming that we, the guys that are public, out in the open,  pay our taxes, with a legally registered company in one of the most reputable countries there is, etc. are scammers, while you are both two anonymous losers that don't even dare to provide your names. Yet you think ANYONE trust you. Delusion is too tame of a word to describe you guys. Even though we all know that you are fully aware that you are lying to troll, you must also on some level be truly delusional.

The other beautiful irony in all of this is that you guys out of sheer envy desperately try to encourage people to stay away from the project because you make up lies about us being scammers, yet YOU are investing TONS of the single most valuable commodity there is into us; time. I just absolutely revel in the fact that you guys will never get any ROI...

It's also hilarious how desperate you must be. I mean your ONLY arguments that we are scammers stem from pathetic attempts at the weakest ad hominems that I have ever seen. "Omg he's against the war on drugs, he's pro-universal healthcare and basic income, he likes hip hop and rock, he watches South Park and Breaking bad, he reads philosophic and atheistic literature, HELL he even plays chess and poker!". This is your core arguments against IOTA. Not one single point has been leveraged against IOTA the technology. I mean goddamn trolls, step your game up.

Anways, listen crybabies, this has been sort of fun, but it's no longer entertaining enough for me, and we got way too much work to do, it's just becoming sadder and sadder to see you guys sacrifice your lives due to your envy towards us. So from now on you are back at the /ignore level.

I can't prevent you from killing yourselves when you see that we continue to achieve things and have success, but I will pay my condolences to your families when it occurs. I have been informed that someone (not at our request) has figured out who you are with a very high probability. I'll wait for an equivalent to 6 sigma before proceeding further of course, because unlike you I don't make decisions based on vacuous paranoid speculation.

It's 4:50 am here now, so time to call it a day and go to bed. Tomorrow I'll wake up, look in the mirror and praise the universe for not incarnating me as you, then I will continue to do something productive. I suggest you start doing the same. Bye


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 29, 2016, 04:38:08 AM
My mommy didn't love me enough and my daddy loved me too much :(

Hahaha I'm literally in tears now, you've been putting my Facebook profile under the microscope, searching through it with a fine tooth comb in hopes of finding something, ANYTHING. Then you see that I 'facebook liked' NXT back in 2013 and your brain is like "FINALLY!" and actually think you've found SOMETHING, a glimmer of hope that you can cling to, SOMETHING that shows that you're not a complete waste of space. I know I should find it creepy that you are so obsessed with me, but damn. It's just too sad. I would literally have slit my wrists and downed 10 bottles of opiates if I ever found myself obsessing over someone more successful than me to this point, goddamn. I never said I haven't used the account since then, as a matter of fact I was using it to chat with a childhood friend of mine just 4 days ago. But I don't actively use it. I dislike facebook, it bores me, kind of like you at this point. (if you must know I use Snapchat and IG)

That being said, I can't help but get a good laugh out of the sheer hilarity of someone claiming that we, the guys that are public, out in the open,  pay our taxes, with a legally registered company in one of the most reputable countries there is, etc. are scammers, while you are both two anonymous losers that don't even dare to provide your names. Yet you think ANYONE trust you. Delusion is too tame of a word to describe you guys. Even though we all know that you are fully aware that you are lying to troll, you must also on some level be truly delusional.

The other beautiful irony in all of this is that you guys out of sheer envy desperately try to encourage people to stay away from the project because you make up lies about us being scammers, yet YOU are investing TONS of the single most valuable commodity there is into us; time. I just absolutely revel in the fact that you guys will never get any ROI...

It's also hilarious how desperate you must be. I mean your ONLY arguments that we are scammers stem from pathetic attempts at the weakest ad hominems that I have ever seen. "Omg he's against the war on drugs, he's pro-universal healthcare and basic income, he likes hip hop and rock, he watches South Park and Breaking bad, he reads philosophic and atheistic literature, HELL he even plays chess and poker!". This is your core arguments against IOTA. Not one single point has been leveraged against IOTA the technology. I mean goddamn trolls, step your game up.

Anways, listen crybabies, this has been sort of fun, but it's no longer entertaining enough for me, and we got way too much work to do, it's just becoming sadder and sadder to see you guys sacrifice your lives due to your envy towards us. So from now on you are back at the /ignore level.

I can't prevent you from killing yourselves when you see that we continue to achieve things and have success, but I will pay my condolences to your families when it occurs. I have been informed that someone (not at our request) has figured out who you are with a very high probability. I'll wait for an equivalent to 6 sigma before proceeding further of course, because unlike you I don't make decisions based on vacuous paranoid speculation.

It's 4:50 am here now, so time to call it a day and go to bed. Tomorrow I'll wake up, look in the mirror and praise the universe for not incarnating me as you, then I will continue to do something productive. I suggest you start doing the same. Bye

You have some serious issues.  I'm just doing my due diligence and providing my opinion on your "project".  The fact that you make these ridiculous posts just proves my point.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 05:56:51 AM
@VultureFund:

You know it's not really true. Now I have inside information.  :o

This thing called altcoinUKfuckingWhore is not failed old man this thing is a little fucking whore. *BUT* after sex reassignment surgery this little fucking androgene looks just so as if it were an old hovel. In reality it's only a little puberty sick fucking whore.  ;D ;D ;D

Daughter altcoinUKfuckingWhore unfortunately you will not survive till jail and you will be not satisfy there.

Warning for you little bitch: your disease progresses.


sorry I can't give some elaborate explanation


Don't be sorry son, we got the full picture. We understand why you don't have a job like others have in your age group and instead of why you are scamming people with your fucked up money collecting parties.



Hey failed old man, how does it feel to look how under 30 year boys get more success and money than you ever had in your shitty working life?? ;D ;D

I'm 20 too, and my prostate is at 200%. How is yours old man? ;D ;D ;D


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 05:58:19 AM
You're an idiot.
unmasked: you're a "White Male Libertarian" barking salivate mad rat.  ;D


Title: Re: Is iota a scam?
Post by: DecentralizeEconomics on February 29, 2016, 06:11:33 AM
You're an idiot.
unmasked: you're "White Male Libertarian" barking salivate mad rat.  ;D

Look at who is supporting this "project" and defending it... Someone who can't even complete a sentence without an obscenity.  Pathetic.  Really a sad state of affairs here.

Quite frankly, I don't care if anyone "unmasks" me.  Go ahead.  Make my day.  I haven't done anything wrong, and people who know me IRL know that I don't hold any punches and I stick to my convictions 100%.  These jokers can't argue with logic or the truth, so they start pulling at straws trying to cause issues.  Pffff... see if that bothers me.  David is the one that should be afraid of people knowing his identity.  He's the one that has taken others money under questionable pretenses and advocates degenerate behaviour like unrestricted drug use.  What a bunch of losers.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 06:57:32 AM
You're an idiot.
unmasked: you're "White Male Libertarian" barking salivate mad rat.  ;D

Look at who is supporting this "project" and defending it... Someone who can't even complete a sentence without an obscenity.  Pathetic.  Really a sad state of affairs here.

Quite frankly, I don't care if anyone "unmasks" me.
/some trash

Look at who is barking and jealous for this PROJEKT.  Someone who can't select even a normal avatar without barking as salivate mad rat. Pathetic. Really a sad state of pathetic jealous liar here.

Quite frankly, that's YOUR picture and YOUR Insults. Such dogs as YOU deserve no respect. Proof-of-Barking-Salivate-Mad-Rat.
Brush your teeth. It stinks.


http://i65.tinypic.com/rtowb8.jpg

Inb4 PoB ... Proof-of-Brush

"Wireless IoT toothbrushes"  This is probably the dumbest idea that I've ever heard.  


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 29, 2016, 07:48:42 AM
I think you mistook me for someone else. I never argue with u on Nxt. I think we cross path on Nxt and eMunie  ???

I didn't mistake you, in the past you had an avatar icon, didn't you?


Title: Re: Is iota a scam?
Post by: altcoinUK on February 29, 2016, 05:07:04 PM
Tomorrow I'll wake up, look in the mirror

... and then you will see a scammer who - similar to the last week progress - will make zero progress with the IoT system and the revolutionary microprocessor hardware this week. You will see the CEO and Chairman of a zero employee business that operates in his momma's basement and despite all his lies he couldn't manage any commercial deals in the last 4 months. You will see the boy who couldn't even manage to deliver a fucking GUI application in 4 months. You will see in the mirror the subject of the incoming law enforcement investigations. You will also see the future wife of the horny prison population. All together son, what you see is not a very promising picture.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 29, 2016, 05:14:30 PM
horny prison population

It's not the first time you talk about this. If I was Freud I would analyze it deeper but for now I'll just say that your sexual fantasies look weird...


Title: Re: Is iota a scam?
Post by: iotatoken on February 29, 2016, 05:16:54 PM
Tomorrow I'll wake up, look in the mirror

... and then you will see a scammer who - similar to the last week progress - will make zero progress with the IoT system and the revolutionary microprocessor hardware this week. You will see the CEO and Chairman of a zero employee business that operates in his momma's basement and despite all his lies he couldn't manage any commercial deals in the last 4 months. You will see the boy who couldn't even manage to deliver a fucking GUI application in 4 months. You will see in the mirror the subject of the incoming law enforcement investigations. You will also see the future wife of the horny prison population. All together son, what you see is not a very promising picture.


Meh, so bored with your lies. But hey, soon we'll see what will really happen ;)


Title: Re: Is iota a scam?
Post by: altcoinUK on February 29, 2016, 05:29:31 PM
I would analyze it deeper

Sergey, no worries, your wishes will come true sooner or later. You will be analyzed very-very deep, and then you will be a happy bloke. Hint: ask the Moolah scammer Ryan Keneddy how deeply he is being analyzed every day in the prison. Baby face participants like yourself who never had a woman normally fit well in prison. Though you don't need to be worried, once you are in, multiple husbands will protect you by day one.



Title: Re: Is iota a scam?
Post by: Come-from-Beyond on February 29, 2016, 05:33:46 PM
Sergey, no worries, your wishes will come true sooner or later. You will be analyzed very-very deep, and then you will be a happy bloke. Hint: ask the Moolah scammer Ryan Keneddy how deeply hi is being analyzed every day in the prison. Baby face participants like yourself who never had a woman normally fit well in prison. You don't need to be worried, once you are in, multiple husbands will be protect you by day one.

See? Your fantasies are pretty consistent. I wouldn't be even surprised if I knew that you had been touching yourself inappropriately while writing the post.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 06:08:43 PM
You will see in the mirror the subject of the incoming law enforcement investigations. You will also see the future wife of the horny prison population. All together son, what you see is not a very promising picture.

This little whore need the entire prison population to be satisfied.  ;D

altcoinUKfuckingWhore unfortunately your fantasies are not met, you will croak soon from brain cancer, while you go to jail for defamation. You will die unsatisfied from your hatred.

Daughter your brain cancer intensifies.  :( :o


Title: Re: Is iota a scam?
Post by: domsch on February 29, 2016, 06:12:42 PM
OP, if you are scared I'm happy to buy all of your IOTA at 2x the original presale price. Everything must go between escrow of course. Offer counts for all of the other holders who think that this is a "scam" as well. Happy to buy all the IOTA.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 06:14:17 PM
What a nice gift for our little whore! Really beautiful, daughter, right?
But... if whole army can not satisfy a little bitch so will help a banana?

Rather not  :(

Happy birthday to you sick pig!  ;D



Title: Re: Is iota a scam?
Post by: solid12345 on February 29, 2016, 06:57:16 PM

No, no. No hate from my part whatsoever. Check my posts and you will see that I am a prolific scam buster of this toxic microcosmos, and therefore I provide fresh meat for the horny prison population from time to time by exposing blatant scams like I did in the case of Moolah, Bitbay and Banxshare.

Not to interject and get off topic, but Bitbay has actually released a working decentralized marketplace and is still being worked on. I know there was alot of drama involving bobsurplus and bter which was so convulted frankly I never gave a damn to follow all that happened. Point being though this is why its hard to define what is a scam in crypto, is a working breathing product that is the result of some shady origins a scam in itself?  If you bought into the ICO and you received working software from it seems you got exactly what you paid for.

As for IOTA, if they can deliver working software but it fails to be adopted worldwide, well there is nothing criminal about that because nothing in life is guaranteed.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 07:17:54 PM

No, no. No hate from my part whatsoever. Check my posts and you will see that I am a prolific scam buster of this toxic microcosmos, and therefore I provide fresh meat for the horny prison population from time to time by exposing blatant scams like I did in the case of Moolah, Bitbay and Banxshare.

Not to interject and get off topic, but Bitbay has actually released a working decentralized marketplace and is still being worked on. I know there was alot of drama involving bobsurplus and bter which was so convulted frankly I never gave a damn to follow all that happened. Point being though this is why its hard to define what is a scam in crypto, is a working breathing product that is the result of some shady origins a scam in itself?  If you bought into the ICO and you received working software from it seems you got exactly what you paid for.

As for IOTA, if they can deliver working software but it fails to be adopted worldwide, well there is nothing criminal about that because nothing in life is guaranteed.

@solid12345:

This altcoinUK is just scammer and liar. She falsify facts. Her purpose is only cash.

She invested in another project and is trying to get cash. Seeing a huge threat in IOTA and blatantly lying to save her cash. It's all. Scammer and liar. She did not need facts, no reliable information - she repeats the same thing and blatantly lying. Besides, as she said, she had brain cancer. The end of her crap life is close.


Title: Re: Is iota a scam?
Post by: x13 on February 29, 2016, 07:33:07 PM
Do you think its a SCAM???

I purchased iota. I was excited at first.
...

Why do you ask after you bought an ICO stake? You can not roll back, so it does not matter whether the project is a scam or not.

I personally do not think it is a scam. I read much about Come-From-Beyond. He is a honest long term member. Why should he risk what he build up over the years?


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 07:45:19 PM
Do you think its a SCAM???

I purchased iota. I was excited at first.
...

Why do you ask after you bought an ICO stake? You can not roll back, so it does not matter whether the project is a scam or not.

I personally do not think it is a scam. I read much about Come-From-Beyond. He is a honest long term member. Why should he risk what he build up over the years?

@x13:

True. No liar as altcoinS can stop IOTA!

Big News : https://azure.microsoft.com/en-gb/blog/azure-blockchain-update-5/

Quote
IOTA is the worlds first Directed Acyclic Graph/Tangle based distributed ledger. This represents a radical redesign of the conventional blockchain architecture. The main difference between a Tangle and a Blockchain is the lack of rigid blocks, instead the Tangle is like a constant stream of settlements. IOTA came up with this model to solve the scalability issues of the blockchains which become very apparent in the world of Internet of Things.

Another unique aspect of IOTA is the core's absolute lightweight nature enabling it to run on even tiny micro-sensors. With IOTA you can setup a settlement/transactional network for IoT clusters effortlessly and securely in a decentralized fashion. Additionally IOTA has built-in data transfer layer which allows for easy coupling of data streams and compensation models. IOTA plans on delivering the following to the ecosystem:


  • Setting up a swarm of IOTA payment channels for IoT devices; one click deploy
  • Oracling for Smart Contracts
  • Setting up side-Tangle (similar to sidechain in regular blockchains)


Title: Re: Is iota a scam?
Post by: AltcoinScamfinder on February 29, 2016, 08:00:29 PM
Do you think its a SCAM???

I purchased iota. I was excited at first. They promised Xmas release and now it almost March and I hear them say over and over again that nothing is getting delayed its insane that some of the supporters just jump all over anyone that brings it up. I wasn't even going to say something because I know what I get. "Were days away" "nothing is delayed" you must be crazy acting. They act like youre a troll if you ask questions

They literally act like there is no lack of us getting our coins. "You are talking about the frontend, you see. Our tech is in the backend, thats what were actually ahead"

I'm really not sure if it's a scam or not. I have no idea. But the main guy Im not so sure about cause he keeps saying nothing is delayed  but its been "days" for months and he thinks he can talk around it or it seems that way.

I never know ahead that the exact things already happened before considering hardware backed coins called Jinn or something of the sort. I dont know the exact details.

Im worried about my investment alittle.
So that's why I started this thread to make a place where we can be out of the main threads. I really just want your opinion. This is not an attack on iota. Like I say I own some myself you know.

Do you think its a SCAM??

Ha ha, this broke troll again.


Title: Re: Is altcoinUK a scammer?
Post by: runall on February 29, 2016, 08:29:14 PM
Do you think its a /some trash

Ha ha, this broke troll again.

+1

Yeah! Just one little pathetic troll here.


Title: Re: Is iota a scam?
Post by: BlackWidow on February 29, 2016, 09:53:05 PM
https://azure.microsoft.com/en-gb/blog/azure-blockchain-update-5/

Looks like I had nothing to worry about.

Seems like I stumbled into greatness. Sorry for doubting the main guy




Title: Re: Is iota a scam?
Post by: e-coinomist on March 01, 2016, 12:14:06 AM
Then the iota version I'm running right now must have been created by a unicorn. That's fine with me.

Where do I find some market data about this rare unicorn? Tried https://coinmarketcap.com/currencies/search/?q=IOTA but that doesn't give best results. Where is the place for IOTA trade?


Title: Re: Is iota a scam?
Post by: cryptohunter2 on March 01, 2016, 01:27:56 AM
Then the iota version I'm running right now must have been created by a unicorn. That's fine with me.

Where do I find some market data about this rare unicorn? Tried https://coinmarketcap.com/currencies/search/?q=IOTA but that doesn't give best results. Where is the place for IOTA trade?

Not on exchange - still in beta.
You missed the rapid ICO


Title: Re: Is iota a scam?
Post by: e-coinomist on March 01, 2016, 01:27:27 PM
Not on exchange - still in beta.
You missed the rapid ICO
Meanwhiles I have found https://bitcointalk.org/index.php?topic=1360660.0 so technically it's still on sale like https://nxtportal.org/assets/10966270007977442520


Title: Re: Is iota a scam?
Post by: achimsmile on March 01, 2016, 01:57:35 PM
Not on exchange - still in beta.
You missed the rapid ICO
Meanwhiles I have found https://bitcointalk.org/index.php?topic=1360660.0 so technically it's still on sale like https://nxtportal.org/assets/10966270007977442520

Pre-sales can be risky. The market is very thin and prices can fluctuate a lot. And in most cases you have to trust the sellers (except when cfb changes the iota address in the genesis).
I would wait until it launches at bigger exchanges.


Title: Re: Is iota a scam?
Post by: vince212 on August 10, 2017, 05:27:56 AM
ok now 1 year after is this a scam? haha


Title: Re: Is iota a scam?
Post by: Stephencb on August 15, 2017, 02:20:46 AM
Why do you think it scam IOTA is a good coin it takes time to build trust as well as good technique to have a good foundation.


Title: Re: Is iota a scam?
Post by: amingo51 on August 24, 2017, 04:21:31 AM
Why I see often threads like "Is iota a scam", "is deeponion a scam"? what is the point? If you think it is a scam, just avoid it. There are many newbie started ICOs, these are 100% scams.


Title: Re: Is iota a scam?
Post by: philee on August 24, 2017, 04:38:08 AM
What wallet are y'all using to store your IOTA?


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 24, 2017, 08:52:19 AM
Why I see often threads like "Is iota a scam", "is deeponion a scam"? what is the point? If you think it is a scam, just avoid it. There are many newbie started ICOs, these are 100% scams.

People scream SCAM hoping to lower the price to buy cheaper.


Title: Re: Is iota a scam?
Post by: Traxo on August 26, 2017, 10:52:27 AM

People scream SCAM hoping to lower the price to buy cheaper.


Can you prove that is the reason?
What about people who don't like scammers leeching off the crypto ecosystem and turning a noble cause into a shitfest?


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 26, 2017, 03:47:49 PM
Can you prove that is the reason?
What about people who don't like scammers leeching off the crypto ecosystem and turning a noble cause into a shitfest?

No reason to prove something obvious. Just keep reading this forum and in a year or two you'll see the pattern.


Title: Re: Is iota a scam?
Post by: Traxo on August 26, 2017, 04:11:51 PM

No reason to prove something obvious.


So you agree then no need to prove that IOTA will break when you remove the Coordinator.
And thus no need to prove that IOTA is a scam.
And no need to prove that you're obviously not proving that I want to buy your scam.




Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 26, 2017, 04:59:34 PM
So you agree then no need to prove that IOTA will break when you remove the Coordinator.
And thus no need to prove that IOTA is a scam.
And no need to prove that you're obviously not proving that I want to buy your scam.

To agree or disagree I first must start to care about making a decision. And it's obvious I don't. Do you need the proof of that?  :D


Title: Re: Is iota a scam?
Post by: BlackWidow on August 26, 2017, 05:11:27 PM
I started this thread ages ago.

Iota is clearly not a scam.

The coordinator doesnt have anything to do if its a scam or not. It has to do with how decentralized the project is. Not if its a scam or not.

I do believe than when they can shut down the training wheels, and they can still get consensus, the value skyrocket once again.

This project has many large business involved already, ans only gaining more and more traction as time goes by.

Check out its postition on Coinmarketcap.com


Title: Re: Is iota a scam?
Post by: Traxo on August 28, 2017, 03:55:45 PM

I do believe



What shills believe doesn't buy fucks.
You have proven or shown nothing to refute that their technology doesn't have consensus without a centralized Coordinator.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 28, 2017, 03:57:40 PM
What shills believe doesn't buy fucks.
You have proven or shown nothing to refute that their technology doesn't have consensus without a centralized Coordinator.

After
which will explain that proof-of-stake, proof-of-work, and existing DAGs are all fucked
we need proof of your sanity first.  :D


Title: Re: Is iota a scam?
Post by: BlackWidow on August 28, 2017, 04:31:49 PM

I do believe




What shills believe doesn't buy fucks.
You have proven or shown nothing to refute that their technology doesn't have consensus without a centralized Coordinator.


Im not a shill, but you have issue with the words that was after "I do believe" which was "that when"?

Youre saying it shoud be "if" instead? Which would imply you dont BELIEVE they will ever be able to turn the coodinator off?

CFB just replied, that all coins are pretty much centralized, which I think we all agree on. So getting this turned off would be a big deal.

CFB, what is the time table of getting it turned off and the tangle truly being in the wild?


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 28, 2017, 04:55:30 PM
CFB, what is the time table of getting it turned off and the tangle truly being in the wild?

Everyone will decide for himself. IOTA is decentralized after all, so we can't decide for the others.


Title: Re: Is iota a scam?
Post by: BlackWidow on August 28, 2017, 06:31:24 PM
CFB, what is the time table of getting it turned off and the tangle truly being in the wild?

Everyone will decide for himself. IOTA is decentralized after all, so we can't decide for the others.


How that coming along?

Naturally you have much more insight into the project and know its status I would guess.


Title: Re: Is iota a scam?
Post by: pushups44 on August 28, 2017, 07:08:16 PM
https://azure.microsoft.com/en-gb/blog/azure-blockchain-update-5/

Looks like I had nothing to worry about.

Seems like I stumbled into greatness. Sorry for doubting the main guy




Thanks for the link. I did not know that Microsoft was collaborating with IOTA. It definitely adds more credibility to the IOTA project. I think the naysayers have a huge burden to prove their point, given how much backing IOTA is getting from some of the largest companies in the world.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 28, 2017, 07:16:43 PM
How that coming along?

I don't interact with users.


Title: Re: Is iota a scam?
Post by: Traxo on August 28, 2017, 08:02:17 PM

we need proof of your sanity first.  :D



The proof is already public.
You just haven't paid attention.


CFB, what is the time table of getting it turned off and the tangle truly being in the wild?

Everyone will decide for himself. IOTA is decentralized after all, so we can't decide for the others.


Double-speak was the theme of 1984.

Astute readers can figure out that of course no one will decide not to use the centralized Coordinator,
because they will not risk not getting their transactions in the centralized consensus.



Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 28, 2017, 08:28:48 PM
The proof is already public.
You just haven't paid attention.

To resume:

1. Your posting style resembles Anonymint's
2. You praise Anonymint
3. You post insane claims like Anonymint

What odds you are not him?  :D


Title: Re: Is Iota a scam? COME TO FIND, ABSOLUTELY NOT!!!
Post by: nevermindthebotox on August 28, 2017, 09:12:38 PM

CfB, can you tell/estimate how many mIotas are in circulation through current exchanges Bitfinex, Bit520 and IOTA Exchange ?
and how many are still in hold outside of them but ready to be used when new possible exchanges will list Iota ?

i think that real "circulating supply" of 2,779,530,283 mIotas isn't out there in the markets just yet...

cheers




Title: Re: Is Iota a scam? COME TO FIND, ABSOLUTELY NOT!!!
Post by: Geleve on August 28, 2017, 09:44:04 PM
EDIT:

THIS WAS A THREAD ASKING IF IOTA WAS A SCAM BACK WHEN IT WAS NEW.

NOW WE ALL KNOW THAT IT IS A VERY SUCCESSFUL PROJECT
it is good that you understood so far. IOTA will be the rising star of 2018. It has a huge potential. many people speak about this project for a few months. It is getting popular day by day.


Title: Re: Is Iota a scam? COME TO FIND, ABSOLUTELY NOT!!!
Post by: kchulani on August 28, 2017, 11:15:57 PM
IOTA is amazing crypto I have IOTA from the beginning and I love this crypto the community has grown so large its hard to keep up with. I wanted to know when they are going to have their next seminar, I would like to attend. IOTA has so many applications that even other cryptos can make use of. I see some partnerships moving forward for IOTA and some big mergers.


Title: Re: Is iota a scam?
Post by: Hyperme.sh on August 29, 2017, 12:40:39 AM
What odds you are not him?  :D

100% probability he is not me. He lives over near to you.

3. You post insane claims like Anonymint

Soon we’ll compare verified usership between IOTAscam and Hypermesh to check our sanity.


Title: Re: Is iota a scam?
Post by: Come-from-Beyond on August 29, 2017, 07:45:01 AM
Hypermesh

Is it about battle robots in hyperspace?


Title: Re: Is iota a scam?
Post by: kryptqnick on August 29, 2017, 08:09:59 AM
https://azure.microsoft.com/en-gb/blog/azure-blockchain-update-5/

Looks like I had nothing to worry about.

Seems like I stumbled into greatness. Sorry for doubting the main guy




Thanks for the link. I did not know that Microsoft was collaborating with IOTA. It definitely adds more credibility to the IOTA project. I think the naysayers have a huge burden to prove their point, given how much backing IOTA is getting from some of the largest companies in the world.
I really believe in this project. Not only because major companies already back it up, but also because it is an attempt to build something new, show everyone another view on what cryptocurrency is and what it can become. This broadens the horizons as well as attracts interest to the project. Maybe it will crush some day, because of sophisticated technology but it is certainly not a scam.