pangu
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December 17, 2017, 12:58:53 PM |
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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.
you invest in the vision. and IOTA has the potential to become really huge! simple as that.
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BitcoinArsenal
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December 17, 2017, 01:01:53 PM |
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What's the hype behind IOTA for? There is no functional wallet 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. Byteball is centralized as well. All the witnesses are still under control of the main dev Tony and thus it is centralized. Byteball and IOTA sharing the same DAG technology but have completely different approaches. You can not really compare them. IOTA has still some problems but there is a lot ongoing in the background. More than for any other big crypto project at the moment. The new wallet will change much. The PoCs which will be released soon will show the immense potential. By then, I am glad about all the newbie FUDsters that lower the price since many weak hands sell. Good to accumulate more cheap tokens. Keep work up guys
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djpitagora
Member
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Activity: 252
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December 17, 2017, 01:34:59 PM |
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What's the hype behind IOTA for? There is no functional wallet 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. Byteball is centralized as well. All the witnesses are still under control of the main dev Tony and thus it is centralized. Byteball and IOTA sharing the same DAG technology but have completely different approaches. You can not really compare them. IOTA has still some problems but there is a lot ongoing in the background. More than for any other big crypto project at the moment. The new wallet will change much. The PoCs which will be released soon will show the immense potential. By then, I am glad about all the newbie FUDsters that lower the price since many weak hands sell. Good to accumulate more cheap tokens. Keep work up guys 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.
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FlipWilson
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December 17, 2017, 02:56:07 PM |
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I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned. So it’s not ok to talk truths about iota. So, I’ve had to come here and I’ll troll his Twitter account. Maybe someday people will wake up and see how controlled and useless iota is.
I have been robbed( as have others) by the “ greatest coin in existence today”
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ealarry
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December 17, 2017, 03:04:23 PM |
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I just bought a $ 300,000 IOTA. Although it has so many multiples, I believe expensive coins will be more expensive and cheaper ones will be cheaper
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STT
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Leading Crypto Sports Betting & Casino Platform
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December 17, 2017, 03:33:34 PM |
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The main thing with IOTA is people jump the gun, its not a finished protocol yet and needs alot of polish. Thats my impression, I like the idea but I would not be committing lump sums to the project just yet only commit amounts you are willing to lose and experience any upsides and downsides to the coin use. I think every crypto currency that exists needs to keep improving or the user base especially the wider public will find it too convuluted to use easily and they will stick to FIAT. Without common use there is just speculation and theoretical coin features, I'm bullish on real world utility and obviously its capable
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kkjack789
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December 17, 2017, 03:47:45 PM |
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I do not know when IOTA capital pull up will stop, but I know the current callback is the opportunity
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ch40t
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December 17, 2017, 05:25:54 PM |
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I just bought a $ 300,000 IOTA. Although it has so many multiples, I believe expensive coins will be more expensive and cheaper ones will be cheaper
expensive mor expensove and cheaper cheaper? i dont get it
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Sharpbit
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December 17, 2017, 06:17:07 PM |
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No answer yet. Any advice to register an account on forum.iota.org?
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tyKiwanuka
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#birdgang
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December 17, 2017, 06:22:23 PM |
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No answer yet. Any advice to register an account on forum.iota.org? I think you cannot register on that forum anymore. Try this one https://forum.helloiota.com/ or join the slack.
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.....wie die Zeit fliegt.....
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cryptorusin
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December 17, 2017, 07:14:44 PM |
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1) load new wallet (approx tomorrow) 2) see that Binance also has no problems and allows withdrawals 3) watch IOTA go up by $1.00
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Empathy9
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December 17, 2017, 07:17:54 PM |
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I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned. So it’s not ok to talk truths about iota. So, I’ve had to come here and I’ll troll his Twitter account. Maybe someday people will wake up and see how controlled and useless iota is.
I have been robbed( as have others) by the “ greatest coin in existence today”
If this is true this thing has absolutely nothing to do with actual cryptocurrencies. The very definition of a cryptocurrency is that one can not simple take away someone's tokens...
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djpitagora
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December 17, 2017, 07:25:36 PM |
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I’m still waiting to be paid back. Dominik himself banned me from the slack channel for demanding my tokens be returned. So it’s not ok to talk truths about iota. So, I’ve had to come here and I’ll troll his Twitter account. Maybe someday people will wake up and see how controlled and useless iota is.
I have been robbed( as have others) by the “ greatest coin in existence today”
If this is true this thing has absolutely nothing to do with actual cryptocurrencies. The very definition of a cryptocurrency is that one can not simple take away someone's tokens... in IOTA you can. The foundation has seized funds before when the send addresses were re-used. It's a vulnerability in the protocol that allows them to
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amk87
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December 17, 2017, 08:15:46 PM |
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revelacaogr
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2009 Alea iacta est
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December 17, 2017, 08:26:37 PM |
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German utility giant Innogy is testing IOTA - ”It´s more than just another Blockchain idea” Carsten Stöcker, Blockchain Evangelist, Innogy Innovation Hub https://innovationhub.innogy.com/news-event/3lj6DX6LS0C4SyKmgEOiQq/meet-our-future-customers--machines-with-walletsMeet our future customers: machines with wallets A new peer-to-peer network creates a machine-to-machine world without transaction fees Imagine a future where machines are our new customers and transaction fees have been removed from the economic value chain. If that sounds like something from the world of sci-fi, the reality is that it’s not very far away. At innogy Innovation Hub, we’re already testing the next generation of the internet and blockchain to enable secure peer-to-peer transactions. The innogy Innovation Hub is exploring a new technology called IOTA that goes far beyond one-dimensional blockchain. With a completely new architecture based on cryptographically secure machine identities and a “tangle” protocol layer for validating transactions, IOTA is a key enabler for the ‘Machine Economy’. In simple terms, it means that machines can have their own wallets and transact automatically with other machines. And as a result, new machine-centred business models are rapidly emerging. It´s more than just another Blockchain idea How does IOTA differ from conventional blockchain? A big factor is that instead of having blockchain “miners” acting as dedicated validators, each IOTA network participant is actively involved in the validation of transactions. A further difference is partition tolerance. While blockchain requires all users to be in synch to make a transaction, IOTA Tangle allows clusters, so that transactions can happen offline. By adding an IOTA node, a machine will be transformed into an ‘economically independent machine’ with its ability to transact with other machines and to manage its own profit and loss statement. Carsten Stöcker, Blockchain Evangelist, innogy Innovation Hub IOTA tangle is in effect a real peer-to-peer network - by machines for machines. There are many benefits to this approach: decentralization, scalability and no transaction fees to name but a few. By enabling transactions to be validated in parallel, IOTA can achieve a much higher throughput - the highest transactions per second of any distributed ledger which scales with the network. This is vitally important because in an IoT world, there will be massive volumes of nano and micro transactions and so near-zero or zero transaction fees are essential for this to be economically viable. Providing wallets to machines has radical implications. Today, no traditional bank is willing to give a bank account to a machine. But with a digital wallet, machines can generate income from physical or data services without any middleman and use it for purchases like insurance, energy or maintenance. Just as banks use the criteria of “know your customer”, IOTA provides the assurance of “know your machine” through secure identities.
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Wekkel
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yes
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December 17, 2017, 09:19:47 PM |
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IOTA hit the $3.2-3.5 so many times that it seems logical to give the coin another try. Long term, all of this is peanuts of course. One should not miss the general wave of the future.
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lizardbtc
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December 17, 2017, 09:40:35 PM |
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What's the hype behind IOTA for? There is no functional wallet yet.
There were news about them partenirng with microsoft which turned out to be just some simple talks, nothing really spetacular such as signing big contracts and all that. IOTA offers different technology than blockchain, called tangle which will enable you to send transactions for free (your computer does simple "mining proccess" for this to work) plus since there are no blocks scalability is not an issue. But remeber it is still in BETA phase so software is not fully functional so if something doesn't work as expected don't go and hate talk as it is in BETA, many people go and flame and say that this technology is bad. On the other side if its proven to be really good technology at end it would be interesting to see applications that are built around it.
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futurebitcoins
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December 18, 2017, 03:15:59 AM |
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IOTA hit the $3.2-3.5 so many times that it seems logical to give the coin another try. Long term, all of this is peanuts of course. One should not miss the general wave of the future.
Yes, it didn't go below $3 so far after that run-up. If market recovers then it may go high.
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pifagor2
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December 18, 2017, 09:23:54 AM |
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IOTA price trend has been upwards for a while now, price rebounding to the 4.5 - 5.2 USD range most likely in the next 12h. Seems most likely looking at the big picture patterns of the last 10 days. The same manipulators who managed to bring it briefly down to 3.5 USD are likely going to drive it back up to cash in, as they did 4 days ago. Or they could wait to cash in more later on, in a few days. Personally I expect 6 - 8 USD within a week. Could be wrong, naturally.
You was totally wrong.
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