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Author Topic: IOTA  (Read 1471692 times)
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CryptoDoggg
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December 03, 2017, 12:18:28 AM
 #12101

I'm curious as to what's pumping the IOTA price so high? I've held IOTA for months, having to go through several recoveries with each new wallet update, and 6-12 hour transaction times trying to get it back to an exchange. In the end I sold the lot due to the frustrations with the platform. The idea is great, but it doesn't feel anywhere near ready for prime time. Am I missing some amazing news that justifies the pump, or is just market manipulation?


BUYER BEWARE 12/05/2017: I feel something is going very awry with this company. The transfer of my coins from wallet to exchange have been unconfirmed for over 24 hours now. Others have complained about the same issue with confirmations extending beyond 5 days! They are allowing people to buy IOTA but not sell it. Both Binnance and Bitfinex are experiencing the same issues. Absolutely no help is/was offered or addressed by IOTA.

The IOTA forum/message board has been disabled on CoinMarketCAP, and they have no email or anything for help. They have not even added to the conversation on github to address the matter.

Update: 12/02/2017
All in all it took 4 days to get my coin confirmation(s). I never got any support or help from Iota. Nonetheless, they promptly closed out my post on github to conceal the truth about their lousy network. Still... many others with no coin-confirmations for days,weeks, and months.

Final conclusion, this coin is being severely pumped and manipulated... Iota message board back up now on CoinMarketCap. Do not be flattered by their big endorsements- it's all hype! an empty shell is what you will get.

https://github.com/iotaledg...

Iota Forum Disabled Below:

https://forum.iota.org/
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derickonfire
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December 03, 2017, 02:01:16 AM
 #12102

I'm curious as to what's pumping the IOTA price so high? I've held IOTA for months, having to go through several recoveries with each new wallet update, and 6-12 hour transaction times trying to get it back to an exchange. In the end I sold the lot due to the frustrations with the platform. The idea is great, but it doesn't feel anywhere near ready for prime time. Am I missing some amazing news that justifies the pump, or is just market manipulation?


BUYER BEWARE 12/05/2017: I feel something is going very awry with this company. The transfer of my coins from wallet to exchange have been unconfirmed for over 24 hours now. Others have complained about the same issue with confirmations extending beyond 5 days! They are allowing people to buy IOTA but not sell it. Both Binnance and Bitfinex are experiencing the same issues. Absolutely no help is/was offered or addressed by IOTA.

The IOTA forum/message board has been disabled on CoinMarketCAP, and they have no email or anything for help. They have not even added to the conversation on github to address the matter.

Update: 12/02/2017
All in all it took 4 days to get my coin confirmation(s). I never got any support or help from Iota. Nonetheless, they promptly closed out my post on github to conceal the truth about their lousy network. Still... many others with no coin-confirmations for days,weeks, and months.

Final conclusion, this coin is being severely pumped and manipulated... Iota message board back up now on CoinMarketCap. Do not be flattered by their big endorsements- it's all hype! an empty shell is what you will get.

https://github.com/iotaledg...

Iota Forum Disabled Below:

https://forum.iota.org/

Not to discredit your claims,

but an isolated issue with your own personal transfer does not discredit the entire project.

I hope you don't miss out on this one!

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December 03, 2017, 07:26:48 AM
 #12103

No one said that IOTA has even reached BETA status yet. That's why they say you are still early in this project. Massive, massive potential (against equal risks)...

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December 03, 2017, 07:51:43 AM
 #12104

best video explaining IOTA . It also works out the advantages over Blockchain.

https://www.youtube.com/watch?v=I_jNH9BlEEo

This is really interesting. It makes it very tempting to cash out EVERYTHING and go all in IOTA for the long hold.

80% of my portfolio is IOTA

Didnt they tell you to diversify.
BtcMan2009
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December 03, 2017, 07:56:14 AM
 #12105

best video explaining IOTA . It also works out the advantages over Blockchain.

https://www.youtube.com/watch?v=I_jNH9BlEEo
Watch Of course, thank you.
shade_wrath
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December 03, 2017, 07:57:52 AM
 #12106

Nice gains by IOTA, this is definitely a good come back after the Aug drop during which it was 0.14 $ MIOTA's!
Hopefully more positive news will help IOTA grow strong in coming days!

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December 03, 2017, 08:57:38 AM
 #12107


BUYER BEWARE 12/05/2017: I feel something ..


yikes! a time traveller! how is the weather in the future?!?!

psst.. and what about them lottery numbers?
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December 03, 2017, 09:04:42 AM
 #12108


BUYER BEWARE 12/05/2017: I feel something ..


yikes! a time traveller! how is the weather in the future?!?!

psst.. and what about them lottery numbers?


Lol! Smiley

Actually in Europe the day and month are reversed, so this actually is 12 May 2017.Smiley
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December 03, 2017, 09:11:41 AM
 #12109


BUYER BEWARE 12/05/2017: I feel something ..


yikes! a time traveller! how is the weather in the future?!?!

psst.. and what about them lottery numbers?


Lol! Smiley

Actually in Europe the day and month are reversed, so this actually is 12 May 2017.Smiley

It is really in the US were they reverse the day and month  Grin, anyhow the dates in that post are wrong even if you take May for the first date, then the second should be February. That does not add up.

I think he just made a mistake and it was November, 11 instead of 12.
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December 03, 2017, 09:22:52 AM
 #12110

I haven't noticed this one until last month.
I know the least about it among the top 10.
Is this one related to Nxt ?since the OP is by come-from-beyond.
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December 03, 2017, 10:14:14 AM
Last edit: December 03, 2017, 10:34:04 AM by jubalix
 #12111

So

I still cant get my iota back

used to be able to log in and see it there....and its gone......since transition.

I can see it on the explorer but the transition tool never seems to attach except once maybe.....0 balance.....

tried to run a full node but the screen just disappears after I add nodes.

Cant join slack channel because it does not exist anymore apparently.

so how do I get my xGi back?

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
squidlings
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December 03, 2017, 11:34:20 AM
 #12112

So

I still cant get my iota back

used to be able to log in and see it there....and its gone......since transition.

I can see it on the explorer but the transition tool never seems to attach except once maybe.....0 balance.....

tried to run a full node but the screen just disappears after I add nodes.

Cant join slack channel because it does not exist anymore apparently.

so how do I get my xGi back?

Sounds like the start of another... hacked story.  Check your hash, if you've used the same address twice, it's likely your coins have been redirected into somebody elses wallet.
squidlings
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December 03, 2017, 11:36:14 AM
 #12113

I've also read that one should not use an address twice. I have the following case and I would like to know if my tokens are potentially in danger. I have a seed with two generated addresses in total. For the first address, I once received IOTA. For the second address I received two transactions. So far I have not sent any IOTA with both addresses. So I used an address twice to receive tokens. Should I act or are my tokens safe?

The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

I totally understand your concerns. Iota is acctually not made for investors it's made for machines and reality usecase in IoT. That's one reason (beside the tech) why that big companys are partnering with it. And Iota needs to create that for them ASAP, because they don't like to wait. That's why Iota is actually heading all their ressourcces to develop the protocol to make it production-ready.

But you should see it as an opportunity... invest while there's a bullshit wallet and laugh when that changes Smiley

And by the way... it can't be easily hacked. Yust if you use the same adress for sending, twice. But i (like every investor) agree it's actually not really good usable for humans.

Personally I'd send your IOTA to an exchange.  Their wallet isn't safe.  Don't wait until the next exploit is discovered. 

No... bad advice. The wallet is safe if you use it right. Never leave your coins on exchanges, e.g. if Bitfinex closes (by whatever reason) your coins are gone!

You sound like a hacker looking for another victim.  IOTA has serious security flaws.  BE VERY CAREFUL
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December 03, 2017, 11:44:44 AM
 #12114

For all german users

The best youttuber in german to the topic.

I like him and its hard to get IOTA infos in german

https://www.youtube.com/watch?v=8nswGuxDGI0
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December 03, 2017, 12:39:35 PM
 #12115

IOTA has serious security flaws.

Yes. Wallet doesn't verify that the user knows how to use IOTA. It's a very serious flaw.
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December 03, 2017, 01:44:55 PM
 #12116

IOTA has serious security flaws.

Yes. Wallet doesn't verify that the user knows how to use IOTA. It's a very serious flaw.

You know what, I'd be happy if there was a warning on the wallet.  That'd do me.  All I'm doing to trying to prevent other users suffering a similar fate. 

So many people have been hacked, (1,000's  Search on google, it is really scary) I truly hope no more holes are found and this hole is promptly filled but it is still a vulnerability. 

With SOOOO MANY cases I feel it's a little unfair to continuously blame the user under the circumstances.  IOTA should take action to bring awareness to users.

Since they neglect to do so.  I am helping IOTA by doing it for them.

HACKED CASES : (I am adding to this list and will continue to post and update)

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you
https://www.reddit.com/r/CryptoCurrency/comments/7gwl38/hello_guys_i_have_lost_30k_in_iota_and_i_would/
https://www.reddit.com/r/Iota/comments/6u89ew/iota_wallet_brute_force_vulnerability/
https://www.reddit.com/r/Iota/comments/78zjsx/get_your_balance_back_how_to_3_simple_steps/
https://forum.iota.org/t/my-iotas-got-stolen-how-is-this-possible/3811
https://www.reddit.com/r/Iota/comments/6vh8mv/urgent_all_of_my_iota_was_stolen_today_and_here/
https://www.reddit.com/r/Iota/comments/7g7wnl/stolen_miota/

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December 03, 2017, 02:13:16 PM
 #12117

For folks who are still waiting for completion of reclaim process. A thread has been created on HelloIOTA forum that contains updates about the process and status. The reclaiming phase three has now been launched and the tokens should arrive soon. Stay up to date on https://forum.helloiota.com/1242/Reclaim-Status?PageIndex=1

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Come-from-Beyond (OP)
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December 03, 2017, 03:44:54 PM
 #12118

With SOOOO MANY cases I feel it's a little unfair to continuously blame the user under the circumstances.

Imagine that you arrive to a town by sea and meet a guy in glasses in a shop. Is it a sailor or a librarian?
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December 03, 2017, 04:17:34 PM
 #12119

With SOOOO MANY cases I feel it's a little unfair to continuously blame the user under the circumstances.

Imagine that you arrive to a town by sea and meet a guy in glasses in a shop. Is it a sailor or a librarian?

It is not the time to pacify.  Help educate people.  That's all I'm doing.  Hackers are getting away with millions! 

ETH forked to resolve issues like this.

Lets try not to be smart, it really doesn't help solve the issue at hand which is better advertising of IOTA's inherent flaws.
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December 03, 2017, 04:24:07 PM
 #12120

That's all I'm doing.

No, you are spreading FUD, not really helping to educate people.
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