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81  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 22, 2017, 01:44:39 AM

interesting interview

"Personally, I still see Bitcoin as an 8-year-old Proof of Concept which should have been stopped some time ago"


Bitcoin - after 8 years of development has 6000 active nodes and roughly 10 mln wallets.

For comparason here is numbers of Facebook active users by years:

1 million — End of 2004.
5.5 million — End of 2005.
12 million — End of 2006.
20 million — April 2007.
50 million — October 2007.
100 million — August 2008.
150 million — January 2009.
175 million — February 2009.
200 million — April 2009.
250 million — July 2009.
300 million — September 2009.
350 million — End of 2009.
400 million — February 2010.
500 million — July 2010.
608 million — End of 2010.
750 million — July 2011.
800 million — September 2011.
845 million — End of 2011.
901 million — March 2012.
955 million — June 2012.
1.01 billion — September 2012.
1.06 billion — December 2012.
1.11 billion — March 2013

I guess in 2020 Bitcoin will have 8000 active nodes and 15 mln wallets.
82  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 21, 2017, 10:47:47 PM
You all expect exchanges huh? What if its too much of a hassle to add iota on kraken or polo? Its brand new tech. Adoption is slow. I hope kraken will risk it tho.

Then life will become to boring thing, you know. Only 100% bitcoin forks is not a hassle to add. 5 min and it's done.
83  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 14, 2017, 11:56:48 PM
Cool!

There are not so many altcoin projects with implementations of the core protocol written on different programming languages.

I can name only Bitcoin and Ethereum, may be there are more of them  Smiley
84  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: IOTA :: Buying / Selling on: January 13, 2017, 05:40:28 PM
IOTA is supercheap now! Really low price!

2779 x 8 = 22 232 BTC marketcap.

It is below Dogecoin, below Waves, even below DigixDAO !
85  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 12, 2017, 09:33:40 PM
rage1337, very beatiful.

I'm waiting light-wallet  Smiley
86  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: IOTA :: Buying / Selling on: January 11, 2017, 05:10:33 PM
If anyone is selling, please contact David on slack, he needs large sellers. If you want to see the value of your Iota go up, don't sell to speculators.

Support IOTA! Sell to David!  Smiley
87  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 11, 2017, 03:26:44 PM
Good point Come-from-Beyond. An other Topic: You know BCNext as well and at the very beginning I was thinking, after reading the Byteball Whitepaper, it could be him (Tony declined this later)
What do you think?

I think tonych is not BCNext.

May be he is Satoshi Nakamoto  Huh
We have a lot of suspects.
88  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 11, 2017, 01:42:34 PM
You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

This can be a general question for all cryptocurrencies such as bitocoin and ethereum. The main advantage for public crypto network like bitcoin, ethereum and iota is their lower cost and higher efficiency when comparing to their private counterparts. For instance, the payment/tansactional settlement cost and data storage cost can be much cheaper in a public network than a private network. The entry barrier in a public network is much lower than a private one. Lower cost and higher efficiency can be translated into profit which is the ultimate goal for the companies.

That is why many people believe that the private blockchain (blockchain/bitcoin without coins ) will not work because it will lose the advantage of lower cost. Whence a company loses the advantage of lower cost it will lose the competition in the marketplace. Maybe in the future the private chains and public chains will co-exist. But public chains will still be the dominant force in the market simply because they are cheaper and more efficient, maybe similar to today's internet and intranet.    
There are differences to bitcoin and etherun vs Iota. Bitcoin/Ethereum have PoW, which cant be easily reproduced, but Iota has no such thing, it can easily be cloned, and tokens distributed at will. Bitcoins are generated, so cannot be distributed without investing alot of time or hardware up front.

Security is an issue on public networks, connecting any of your systems to the internet is opening it up for abuse and dealing with those extra costs. Private networks, firewalls and all-things internal-to-enterprise servers exist for this reason. The entry to public is higher than private.

Your argument is true for blockchain based PoW systems where distribution happens over time, but not for Iota.

ALSO, IOTA is reddit.com/r/bitcoin full of censorship and groupthink, it wont succeed because of this close-minded, authoritarian approach to criticism and questions.
so if you want to make it happen support Iota by setting up an active node.
BYTEBALL https://bitcointalk.org/index.php?topic=1608859 doesnt have the dumb problem of finding other nodes by using proprietary slack service to talk to people and then a month later fail to have a working node because people shut off their "nodes" for a while.

Iota doesnt even have a peer-to-peer network. Iota as it is cannot even work over Tor. Byteball can.

Why in hell you will run IoT-device over Tor  Huh
Please do not post drunk!  Roll Eyes
89  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 10, 2017, 05:13:34 PM
Yep. Why sell tokens when you can sell BMW-s ? LOL
90  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 10, 2017, 04:15:52 PM
You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

It's actually an interesting question. So, once again, you are the BMW owner, what advantages will you get if you clone IOTA?

sell the tokens?

But you can also sell BMW-s  Huh
91  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 10, 2017, 02:52:16 PM
Quote
EDIT: btw, why does Iotatoken membes/foundation-members seem so hostile after mentioning byteball? Does mentioning byteball scare you or give you cancer?

Yea, we are very afraid of Byteball. Now please go out of this thread  Wink
92  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: IOTA :: Buying / Selling on: January 09, 2017, 01:05:28 PM
WTB 1Ti for 3 BTC.
Very Very Very hard Bro!!  Smiley

I remember that dzarmush behave very unfriendly to me a year ago when I pointed out to him that Lisk team is very unprofessional. And now he wants to buy iota.

Well dzarmush better buy more Lisk on your 3 btc.
93  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 09, 2017, 12:52:17 PM
How does Iota deal with spam?

Ive run an Iota node and seen much spam transactions. There is a PoW for sending a transaction? Is that PoW difficulty adjusted, whats stopping a bitcoin miner or other asic/gpu from spamming everything with dumb transactions?

Each transaction requires a PoW. The more transactions/spam is in the network the more secure is the network (it's like putting more mining power into bitcoin blockchain) and the faster is confirmation time. You are welcome to spam as much as you like!  Smiley

How does Iota solve the "parasite tangle" problem?

Section 4.1 A parasite chain attack and a new tip selection algorithm
in whitepaper is a good starting point.

94  Alternate cryptocurrencies / Announcements (Altcoins) / Re: IOTA on: January 08, 2017, 07:23:45 PM
Is there a market anywhere yet for those of us that want to buy in and missed the initial distribution?

Currently here https://bitcointalk.org/index.php?topic=1550236.0
Use escrow.
95  Alternate cryptocurrencies / Altcoin Discussion / Re: looking for influential stars of bitcoin on: January 07, 2017, 01:25:34 PM
This is the ELITEHUNDRED token
we are asking for the names and contacts for the most influential people in bitcoin
alt coins count too
we need these because we are offering these people a token to the exlclussive forum
ELITEHUNDRED forum on LTBitcoin

we need people with good intentions, please help

Spoetnik, TaunSew, a few others.
96  Alternate cryptocurrencies / Announcements (Altcoins) / Re: STOP CREATE NEW ACCOUNTS on: January 07, 2017, 01:15:14 PM
Stop creating new accounts with coin shit

Well, start with yourself
97  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new crypto coins that can compete with bitcoin? on: January 06, 2017, 10:05:04 PM
What's wrong with BTC   Huh
98  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: IOTA :: Buying / Selling on: January 06, 2017, 07:09:46 AM

Quote
David Sψnstebψ [3:12 AM] 
@here still need a few big sellers ASAP

Contact @david at https://iotatangle.slack.com
99  Alternate cryptocurrencies / Altcoin Discussion / Re: 42 coin still good? on: January 05, 2017, 02:37:01 PM
Browsing my hdd, i found I have a 42 coin wallet.

I seen that 42coin thread is closed and see that price on 42coin is good.

Where can i find the client? Even worth keeping the wallet?

Remember the story, guy bought 26 usd worth bitcoin, forgot about it for years, and then discovered it cost 800 000 USD ? Hold!
100  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: IOTA :: Buying / Selling on: January 05, 2017, 04:57:40 AM
From https://iotatangle.slack.com

David Sψnstebψ [6:59 AM]  
@here need 10 Ti at bulk price for someone very useful. Msg me, we can aggregate


------
I'm not buying, PM https://bitcointalk.org/index.php?action=profile;u=574177 or @david in slack.
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