IOTA

[dogebearman]

The early investors had to claim their IOTA tokens during an update a long time ago. Some people missed to do this and now are waiting for their tokens. But no token was lost or something they just have to wait a bit longer to get their tokens now. I guess people are just angry about theirself because they failed to do the one thing they were asked to do and can't start trading instantly. Now they are trying to blame the devs for their own mistakes. This is the typical behaviour of people who are not taking responsibility for their own actions.
This is the official announcement from the founder of IOTA on the slack channel regaring this topic:

*Regarding Manual Claims*

If you are one of the few people left that hasn't yet received your manual claim, you have no reason to worry. As stated repeatedly: if you have sent a manual claim mail to david@iota.org by July 11th, then you will receive your iotas as soon as we can process them.

There is no reason to not believe this statement, the devs have been very transparent and communicated everything very clear. Everybody will get their IOTA.

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[sheld0n]

I consider to buy IOTA, but I still have problems to understand it fully. I read about Carpass project and about Satoshipay what plans to switch from Bitcoin's blockchain to IOTA's tangle.
If I got it correctly, Carpass allows to observe cars by writing data into tangle, but how can data be stored? And if there is no need to pay fees, what value does IOTA tokens have? If I create a transactions with no fee, why do I need to own IOTA tokens then?

[luicon]

whats the website of "Trusted ID Alliance" ¿?

[John_Paul]

I consider to buy IOTA, but I still have problems to understand it fully. I read about Carpass project and about Satoshipay what plans to switch from Bitcoin's blockchain to IOTA's tangle.
If I got it correctly, Carpass allows to observe cars by writing data into tangle, but how can data be stored? And if there is no need to pay fees, what value does IOTA tokens have? If I create a transactions with no fee, why do I need to own IOTA tokens then?

The data is stored in the Tangle which is the distributed ledger for IOTA. Basically you can do two things with IOTA, transferring data and transferring values(coins) with no transaction fees for both. When you do economic and business activities such as buying and selling resources (like data, storage, computing power) in the IOTA network which you can look as a marketplace, you need the iotacoins as the currency to settle the transactions (make the payment) although there is no transaction fees. So the more business activities, the higher demand of iotacoins, the higher value of iotacoins, based on the supply and demand relationship.

[John_Paul]

whats the website of "Trusted ID Alliance" ¿?

It is trusted IOT Alliance
https://www.trustediot.org/

Or decentralized identity alliance
https://decentralized-identity.github.io/

[Vassy]

I withdrew some IOTAs from Bitfinex. And I see this transaction in pending status in my wallet. If I click on Show bundle it shows Bundle details and two buttons: Reattach and Rebroadcast. What do they do? Should I click on them or not? And why is my transaction taking so long? Please explain. Thank you!

[albusxx]

Why is this project so popular? Are people seeing future growth potential or believe they would use the service themselves?

[cygan]

I withdrew some IOTAs from Bitfinex. And I see this transaction in pending status in my wallet. If I click on Show bundle it shows Bundle details and two buttons: Reattach and Rebroadcast. What do they do? Should I click on them or not? And why is my transaction taking so long? Please explain. Thank you!

push the reattach button

[Vassy]

I withdrew some IOTAs from Bitfinex. And I see this transaction in pending status in my wallet. If I click on Show bundle it shows Bundle details and two buttons: Reattach and Rebroadcast. What do they do? Should I click on them or not? And why is my transaction taking so long? Please explain. Thank you!

push the reattach button

I did, now I've got two similar pending transactions.

[John_Paul]

Why is this project so popular? Are people seeing future growth potential or believe they would use the service themselves?

Because of its real world adoption - https://forum.iota.org/t/publicly-announced-iota-real-world-projects-tracker/1820

[John_Paul]

I withdrew some IOTAs from Bitfinex. And I see this transaction in pending status in my wallet. If I click on Show bundle it shows Bundle details and two buttons: Reattach and Rebroadcast. What do they do? Should I click on them or not? And why is my transaction taking so long? Please explain. Thank you!

push the reattach button

I did, now I've got two similar pending transactions.

Only one will get confirmed. Just wait.

[jvper]

Why is this project so popular? Are people seeing future growth potential or believe they would use the service themselves?

Because of its real world adoption - https://forum.iota.org/t/publicly-announced-iota-real-world-projects-tracker/1820

And IoT has a trillion dollar market to explore. There is a chance, who knows, and this chance multiplied by trillions of dollars is worth some good amount of money.

[dogebearman]

Why is this project so popular? Are people seeing future growth potential or believe they would use the service themselves?

Both I guess, also big companys like Cisgo, Bosch, Innogy, Microsoft etc. developing real life use cases pushing it.

[jratcliff63367]

Why is this project so popular? Are people seeing future growth potential or believe they would use the service themselves?

It's popular because it is *not* a blockchain.  It is distinctly different than all other crypto-currencies.  Like really, really different.  And it does not suffer from the problems that everything based on a blockchain has.

That said, it's still quite early, and the jury is out if the actual network meets the hype and marketing sales pitch we have all heard to date.

For me, it's the first alt-coin I have taken any real interest in because it is such a unique technology.

[notrouble]

I still have an eye on IOTA since months, but I am too much into Byteball. It definitely makes more since to hold all my btc (or even buy more) and get free byteballs, than sell a little bit and buy IOTA instead.

But I think, when the Byteball giveaway ends, there can be a little switch over to IOTA. And that will be the point where I maybe start to invest a little bit.

[dogebearman]

I still have an eye on IOTA since months, but I am too much into Byteball. It definitely makes more since to hold all my btc (or even buy more) and get free byteballs, than sell a little bit and buy IOTA instead.

But I think, when the Byteball giveaway ends, there can be a little switch over to IOTA. And that will be the point where I maybe start to invest a little bit.

Is there a date for the ending of the giveaway?

[durerus]

I still have an eye on IOTA since months, but I am too much into Byteball. It definitely makes more since to hold all my btc (or even buy more) and get free byteballs, than sell a little bit and buy IOTA instead.

But I think, when the Byteball giveaway ends, there can be a little switch over to IOTA. And that will be the point where I maybe start to invest a little bit.

Is there a date for the ending of the giveaway?

It depends on the amount of linked BTC, which is growing rapidly in the last rounds. I think last distribution round will be in October.

BTW: With 1 BTC you get around 30 to 70 $ worth of GBYTE. So a 1-3% dividend per month. With the current volatility of BTC this is not a good reason to wait three months till buying IOTA.

[Tobo]

Netherlands energy giant Enexis to use IOTA store real time solar panel data  

https://www.linkedin.com/feed/update/urn:li:activity:6296458243787104256/

Quote - “ Storing data (realtime production of my solar panels) in the Tangle #IOTA (IOTA Foundation). Awesome to see how it works, and how it can be done this easily. This really shows the capabilities of the tangle, and the opportunities it provides us: smart meters, charge points (eichrecht?), all kinds of other measurements in the (power) grid, along with all kinds of other metrics. Jan-Peter Doomernik Carsten Stoecker Dominik Schiener Tom van Brienen“

[sheld0n]

Thanks for your extensive response. It answered my question. However a new quesiton arose. What is the maximum size of data which could be stored in the tangle with one single transaction? Since there are no fees I could theoretically store a mass of data without paying anything. If I got it right, it is just enough to confirm two other transaction to attach my transaction to the tangle.

I consider to buy IOTA, but I still have problems to understand it fully. I read about Carpass project and about Satoshipay what plans to switch from Bitcoin's blockchain to IOTA's tangle.
If I got it correctly, Carpass allows to observe cars by writing data into tangle, but how can data be stored? And if there is no need to pay fees, what value does IOTA tokens have? If I create a transactions with no fee, why do I need to own IOTA tokens then?

The data is stored in the Tangle which is the distributed ledger for IOTA. Basically you can do two things with IOTA, transferring data and transferring values(coins) with no transaction fees for both. When you do economic and business activities such as buying and selling resources (like data, storage, computing power) in the IOTA network which you can look as a marketplace, you need the iotacoins as the currency to settle the transactions (make the payment) although there is no transaction fees. So the more business activities, the higher demand of iotacoins, the higher value of iotacoins, based on the supply and demand relationship.

[klf]

I still have an eye on IOTA since months, but I am too much into Byteball. It definitely makes more since to hold all my btc (or even buy more) and get free byteballs, than sell a little bit and buy IOTA instead.

But I think, when the Byteball giveaway ends, there can be a little switch over to IOTA. And that will be the point where I maybe start to invest a little bit.

Is there a date for the ending of the giveaway?

So far they have distributed around 36.6% percentage of coins, but they are planning to have more rounds until they distribute all 98%. You can find more details on their site. Yes, it is a good way to get some free coins of byteball. But if one wait to until they receive all free coins to invest in IOTA may be too late and end up paying more for IOTA. Best is buy small quantities whenever prices go down.