IOTA

[dadingsda]

edit: just for you, the max supply of IOTA is 2,779,530,283 MIOTA= 2.7 quadrillion
Like bitcoin so 1 mIOTA (Million) hits $3 congrats the ave holder made $20 after 3 yrs

So the answer is u cant make money unless you're a captain of industry and this is strictly a coin for the industry to use.

The research I see I don't get how to make money with this coin. Pls, follow me.

2.7 billion mIOTA or 2.7 quadrillion  reg iota. So the price on coinmarket cap is for 1 mIota (Million) so 50cents for 1million Iota I hold

we speculate price to $2.50 thats  1mm for $2.50 so u need 5 Billion+ to make any type of money.
I'm no captain of industry so how am I going to get 5-100 BILLION iota to make any money on this coin?

AND AGAIN!!!!!!!!!!!!!!!!!!!!!!!!!!

It´s 2.7Quadrillion  IOTA !!!!
That´s 2,779,530,283 (2.7 billion)  MIOTA  as stated on cmc

2,5$*2.7 billion = ~ 7 bil marketcap

And why do we need 5Billion to make money?

Today its 1,6bil cap = ~0,59$
with e.g 3,2bil you make 100% profit!

Take it or leave. Thanks

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[KRAUSS]

As per me - a lot of words))
I got IOTA for $0.24 and now I am 2X... Absolutelly sure about 3-5X  in the 2018.
From ICO IOTA makes +137246%  - https://icostats.com/roi-since-ico

Go Bitfinex, grab some IOTA and HODL!!!)))

[niklasmato]

So if you hold 1Giota.. what do you all think that will be the price in 10 years?

[mavee33]

The most exciting IOTA project... 
To build a global micro-reward system on top of the IOTA protocol which incentivises activities positively affecting the environment.
http://www.ecologie.io/

[jhannlenris]

If there is a vulnerability, wouldn't someone exploit the hell out of it right now? Let's say, if IOTA still functions as it is now over a month, is the concern about an alleged bug to be taken serious or are hackers then considered lazy?

In the end, I expect just that happening: IOTA happily existing ever after, just like a Honey Badger not caring about the intensive debates between humans. It is binary as far as I am concerned. Either there is a problem or not. If not, the FUD will wane away over time. If the FUD is reality, the devs need to take action (if not already done so; I read something in this direction).

As someone who doesn't hold any IOTA I'd like to say I 100% trust CfB's explanation of the Curl-P flaw as copy protection against scammers.  When CfB wrote NXT he intentionally introduced flaws to do the same for that system.  Eventually, he held a contest to allow the community to find and reveal those flaws.  It was a great way to get members of the community to understand the code and what NXT was doing while protecting NXT in the early days from rip-off artists.  Of course he'd do the same to protect IOTA.

[peschi]

hey all,
one question - today I saw a tweet which wrote that the IOTA team is developing there own cryptographic algorithms. I am not able to find the tweet again, but I want to ask you here if this is true.

Are they realy thinking that a new cryptographic algorithm needs to be developt within the IOTA project - if yes: why?

[schnötzel]

hey all,
one question - today I saw a tweet which wrote that the IOTA team is developing there own cryptographic algorithms. I am not able to find the tweet again, but I want to ask you here if this is true.

Are they realy thinking that a new cryptographic algorithm needs to be developt within the IOTA project - if yes: why?

This?

Quantum-immunity: IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune (Winternitz signatures)

[KRAUSS]

The most exciting IOTA project... 
To build a global micro-reward system on top of the IOTA protocol which incentivises activities positively affecting the environment.
http://www.ecologie.io/

Can you explain why do you so exciting???

[Termie]

https://twitter.com/CrypTomcat/status/913479695039123456

[mavee33]

https://twitter.com/CrypTomcat/status/913479695039123456

Also https://steemit.com/iota/@stephanj79/binance-opens-deposit-for-iota

[Florg]

I've been reading up on IOTA and finally made my first investment into it a few days ago.  It seem like it's still in early development, but the possibilities of this coin seem tremendous!  The only thing that concerns me is the coordinator and if/when IOTA will be able to function without it. The ability to quickly send money or info with no fees is groundbreaking, I hope IOTA goes places!

If there is a vulnerability, wouldn't someone exploit the hell out of it right now? Let's say, if IOTA still functions as it is now over a month, is the concern about an alleged bug to be taken serious or are hackers then considered lazy?

In the end, I expect just that happening: IOTA happily existing ever after, just like a Honey Badger not caring about the intensive debates between humans. It is binary as far as I am concerned. Either there is a problem or not. If not, the FUD will wane away over time. If the FUD is reality, the devs need to take action (if not already done so; I read something in this direction).

As someone who doesn't hold any IOTA I'd like to say I 100% trust CfB's explanation of the Curl-P flaw as copy protection against scammers.  When CfB wrote NXT he intentionally introduced flaws to do the same for that system.  Eventually, he held a contest to allow the community to find and reveal those flaws.  It was a great way to get members of the community to understand the code and what NXT was doing while protecting NXT in the early days from rip-off artists.  Of course he'd do the same to protect IOTA.

I understand the logic behind it, but I also see why developers would be upset.  If you claim that it is open source, but you booby trap it, then that could come of as dishonest or malicious.  I think if he was transparent about it then it wouldn't have been as much of an issue.  I'm not a coder (yet) so I don;t understand the ramifications of what he actually did, but I feel like having purposely flawed code would be frustrating if you're trying to contribute to the project and it isn't working because of an intentional flaw that was never disclosed.  Like others have said, BTC is completely open source, and despite many copycats and competitors it is still thriving. I think with how established IOTA is now (one of the largest market cap coins) they might not have to worry about copycats as much.

[KRAUSS]

Will it pump??

[Jacky_Chan]

https://mobile.twitter.com/c___f___b/status/913405479698747394

[revelacaogr]

http://www.ecologie.io/

...The mission of Ecologie.io is to incentivize activities positively affecting the environment.

But how will the rewarding mechanism decide which activities are positive to the environment and which are not?

This problem can be solved in two different ways.

1. By empowering Ideas which are already validated by a trustworthy system.

Imagine a small town has to implement a waste management plan. But the people in the town may not always comply because they simply do not see any incentive in complying. What if ecologie.io provides the town administration with a platform which they can easily integrate into their system? This platform will make it possible for the town administration to make very small rewards in IOTA to the people who comply. In this situation, people are incentivised to perform an action which the implementing organization feels to be positive to the environment....

[GeorgeBo]

hello, i have a problem, can anyone pls help me?

i had iota since the end of july, i have made the update with no problems, that was more than a mounth ago and today i entered my iota wallet and i  have 0 balance. I had version 2.4 and today, after i saw zero balance i have installed version 2.5.1.1 and i have 0 balance and no transaction history. what is happening?

[Umumba]

Same problem here. Everything worked somewhen in August, now the Balance is 0. Additionally, I looked up my withdrawal from Bitfinex and one of the withdrawal transaction IDs was UIDHJEMH9TRILLGVTJALZCEPNDRTYRIZINGZOTBNYCWKZZVRAQHTLBCMNROOLWYYFQVDQN9SVFAZ999 99. This leads to an unknown transaction on iotasear.ch!? Same holds for the other withdrawal transaction ID as well as the adresses I had withdrawn to (for example AGUGMPOCPLPAEZBDPVSNZ9KZPYYTF9OBELGTTVUPLHQHTNFI9YQRNFHNRLWDL9LWNSTYNDOLCXKVDGX OM9ITAMBFQD).

Thanks very much for any answers. 

[Cryptory]

"IOTA: Why free transactions matter most"

https://medium.com/deviota/iota-why-free-transactions-matter-most-f90fd6f4383c

[Jacky_Chan]

hello, i have a problem, can anyone pls help me?

i had iota since the end of july, i have made the update with no problems, that was more than a mounth ago and today i entered my iota wallet and i  have 0 balance. I had version 2.4 and today, after i saw zero balance i have installed version 2.5.1.1 and i have 0 balance and no transaction history. what is happening?

You need to create as many addresses as you had in your old wallet before to let your balance show up.

[Jacky_Chan]

"IOTA: Why free transactions matter most"

https://medium.com/deviota/iota-why-free-transactions-matter-most-f90fd6f4383c

Excellent post to explain the social philosophy and system in IOTA, again a paradigm shift.

[peschi]

hey all,
one question - today I saw a tweet which wrote that the IOTA team is developing there own cryptographic algorithms. I am not able to find the tweet again, but I want to ask you here if this is true.

Are they realy thinking that a new cryptographic algorithm needs to be developt within the IOTA project - if yes: why?

This?

Quantum-immunity: IOTA utilized a newly designed trinary hash function called Curl, which is quantum immune (Winternitz signatures)

Thanks for posting. Did somebody already some deeper research about Curl. I see it as a huge risk, if the devs are doing their own hash functions. Are they already proven as save? (Better not quantum immune but mathematically correct/save)