For visibiility, a discussion on IOTA and IoT, from the Iota unmoderated thread

same can be said about your comment.

That's very true from day one and the amount shilling in this thread indicates there is no change in that department.

On the other hand, it seems at least David tries to create something tangible using the scammed money. The idiots and noobs who gave money to David could see the process as a crowdfunding exercise - they crowdfunded an ambitious and reasonably novel project.

I second this motion, well said

No, as it's not a unit of data storage.

1 GB = 1,000 MB

You can already trade fractions of a gigabyte (GB) on cryptox.pl, GB is just a unit:

1 GB = 1,000 MB = 1,000,000 KB = 1,000,000,000 Byte

Do you even understand how computation work on a basic level? Forget ternary, forget IoT, forget hashfunctions. Do you understand on a basic level how operations are carried out? IOTA's PoW is negligible as a spam-preventer. There is no economic race to the bottom in the shape of hunting crypto nonces for mining rewards... What are you going to do? Spend 10 000 000 to attempt to disrupt a 0.1 cent transaction?

Do you know how many logic gates are necessary for a component that acts like an ASIC for the IOTA Curl hashfunction? Do you know that there is already more than enough room for this on the die, hence no extra expenses?

No the trading will move to tokens which aren't doing the illegal activity and which are thus compatible with all global jurisdictions. Your illegal shit can move to Russia and be ignored, after all the tokens on the Western exchanges have been confiscated or frozen.

You are trolling this thread now. Make a non-dumb point or please take a break, so I can finish the information I wanted to share.

(P.S. it might be instructive to you that all non-USA and China exchanges are being attacked/hacked, e.g. Bitfinex and MtGox. Think maybe the USG and Chinese covert agencies don't have anything to do with this  ).

They can't move the tokens:


And China is I bet very intent on regulating exchanges:


The global elite are all in the same club. And we ain't in that club.

Poloniex and Kraken are both in the USA.

Where do you think people trade these days?

Another big problem is the private keys for the tokens are held by these exchanges (note I have a solution to this which will be revealed in my white paper).

Your token's investors (owners) will care if the G20 crashes the price of your project's token on the exchanges in Western markets.

I hope you won't imply again that your backwater country is relevant to what the major axis powers of the world could do the exchange price of an altcoin project if they ruled it was in violation of common sense investment securities regulation and investor protections.

I am talking about the impact on the market price. Not whether the SEC can put you personally in jail since I heard you live in Belarus.

Please wait for my next post which will reiterate which types of projects I think are not subject to the Howey test. I will reiterate my revelation where I became less worried about regulation.

The buyer of the token is apparently not culpable. The SEC investment securities regulation seems to be most onerous for the developers and promoters of the ICO. I will explain this is more detail in my next post which is forthcoming.

It affects you as an investor only in that if for example the SEC decided to take action against ANY PROJECT which might cause all ICO projects' valuations to collapse on the markets.

In other words, all those who are currently invested in any project that had a history that could be suspect, might see their coins collapse in value if the SEC took any action against any project for the similar type of violation.

Note the SEC action against Ripple (which is covered in greater detail upthread) was related to Ripple being an exchanger, i.e. both selling and repurchasing its own tokens. So that is why it did not cause a selloff in projects which weren't acting as their own exchanger. But I posit that if the SEC attacked a coin for a violation of the Howey test of the investment securities law, we would see a collapse of the price of many ICO projects and other projects which had a centralized structure that violates the Howey test.

I will explain more in the next post.

Calling other cryptocurrency insignificant bs (byteball) from the iotatoken account also doesn't appear nice. This is also my problem with monero team, they are quick to attack and call other altcoins scams and shitcoins which may be true but doesn't look good. In both cases doing my own research I think both projects (monero and iota) have superior technology and attacking other altcoins makes no sense and only brings bad image to themselfs.

Thank you for the awesome technology you guys are making and the great support you are providing, there is a lot of progress in iota but can you please stop using words such as "useless piece of shit" and "idiot" tho, it makes it look unprofessional since its coming from the official iotatoken account.

Sometimes it requires replay to finish IOTA sending, along IOTA network becomes bigger and bigger, will this issue be fixed completely?

I never cry, because I never bought your shit. But other noobs were scammed by you, yeah, again, Asian empty deal? And the exchanges?

You can't erase posts here, you're the weak one here.

Neckbeard alert.

Won't bother anymore, everyone has been warned about your "high intellect". You actually do more neckbeard talk than anything.

Have fun scamming people, maybe one day you'll step out of your neckbeard shell.