yes, byteball has all 12 witnesses under the control of the same guy, but at least they are 12. It's not about who controls them. There is some proof it can work decentralized with the cooperation of 12 different agents (regardless of who controls them). With IOTA there is only 1 coordinator, hence no proof if could work with more, or none. What I seek is some proof the principles in the whitepaper work as designed. Also I'd like to see the advertised transaction speed that's supposed to increase with the number of transaction. That hasn't materialized either.

IOTA brought me about 10x gains this month and I sold for better opportunities. All in all I believe in IOTA and I'll buy back on a dip. Just right now with the info available I think it's overpriced.

with what I see in the whitepaper I'm suprized it didn't soar a looong time ago. I just hope there isn't something I'm missing here, that's somehow obvious to everybody else

bitcoin is being used online and offline. Plenty of stores accepting it, even cash machines. I've used it for the past few years. So is monero and dash, but only for darkweb stuff. LTC is also used to quickly transfer money since it's the fastest of the widely accepted ones. I've stopped using bitcoin for real, because of the extremly high fees. Monero and ltc are still ok though.

Of course real usage is probably 1-5%, the rest being speculators. When the bubble pops prices will adjust accordingly and any coins that have no real usage will simply die.

As far as I know IOTA is one of the few from the top 5 that have no real usage yet.

the hype was related to a very long list of partnerships that turned out to be "participations". Anyway, the idea sounds good, it's just not tested yet, as IOTA is neither decentralized, nor fast yet. Before investing more, I'd like to see the coordinator down and have a transaction that takes only a few minutes. Byteball already does this, so for the time being it's more of a sure bet for now.

well IOTA is now about 100x more expensive then byteball, all that with inferior tech. Even without the publicity stunts and lies that IOTA did, I would still expect 10x. I don't think it's unreasonable. Byteball has waaaay more room to grow.

exactly what I did yesterday. I hope it was not a mistake. Long term I don't think IOTA rising more then 6-8 USD. I'd rather try to get a 10x growth from other promising coins that are still not noticed then to get a few more bucks on IOTA.

that doesn't really answer any of his question though....Copy pasting the same link every-time somebody voices a concern is starting to get irritating.

Don't do that. People have lost their money due to these nodes. Read up here: https://github.com/iotaledger/wallet/issues/734

what do you mean can't afford it? You do realize you don't have to buy a whole bitcoin right? There is no minimum....


LOL.  The entire market is worth 87 mil. How low do you want it to go? 0?

to be fair, it never did. There are always looong wait times with IOTA and you need to re-attach/re-broadcast a lot.

there are many others that scale properly, including blockchain based solutions, many way ahead technologically then iota. Just because bitcoin failed here (and it didn't really fail at scaling if you look over lightning networks) doesn't mean all of them do. Perfect blockchain example is SKY.  As for DAG solutions, well there are several, starting with byteball


There are many real world uses for bitcoin right now. Real businesses accepting them (including Microsoft). I wouln't go as far as calling it a ponzi scheme. By the way the whole cryptomarket is in the same bubble, and that includes iota. When it pops, BTC will fall 90% probably, and most alts to 0 directly. ALL alts that have no real transactions at that point will collapse. Pray that IOTA will have some by that time. Either-way it will fall harder then bitcoin.

$20 is extremely unlikely even if they deliver. The marketcap would put it at #2 with an enormous value. It's already way overpriced. There probably is room to grow, but not 5x. My guess is we are not very far to the all time peak. I'm always amused how traders in a bubble can make long term plans for something that will pop sooner or later.

byteball has a similar DAG concept but decentralized from the start. It relies on 12 elected witnesses by wallet majority. It hasn't gotten the marketing attention yet

in practice however you get 24 hour confirm times sometimes for transactions, so the scaling still has to be proven beyond the whitepaper.

50 is unlikely. That's around half of bitcoin market cap. Lets get real for a second.

The days of 100x growths are behind us. It's already had that since the ICO. You are late to the party. If you want that kind of growth look for coins that are still in their early days. They way I see it, bitcoin will always hold around 50% of the market, and the rest will be divided by the other coins. Even if IOTA is a success and gets adopted, it may grow to #2, and in value maybe 2x-4x. That's still huge of course (and I'll still be in until it reaches #2), but the real fortunes have already been made.

same feeling here. I don't understand how others have missed this for so long. And they still are. It's mindblowing

in terms of transaction speed it seems it's a failed experiment. You will not get anything confirmed in under 12 hours.

well with 10 people owning 50% of the currency it will always be a risk

started it last night, in the morning I re-attached and re-broadcasted and after the re-attach from this morning it got confirmed in half an hour. The problem is bitfinex still doesn't show it, although it's confirmed.

I've transfered my iota to bitfinex and after a long time it finaly shows as confirmed, after several reattaches and re-broadcasts. Tangle explorer shows the correct balance but not bitfinex. Has this happend to anyone else on bitfinex?