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Author Topic: IOTA  (Read 1359485 times)
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djpitagora
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January 07, 2018, 11:36:53 AM
 #13521

And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak

I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell.  Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ?

IOTA was already a TOP5 coin before and it will be again  Grin

high usd value? BTC is at 17000 and it's still rising. That's a high value. 3.99 as MIOTA is now seems dirt cheap psychologically.
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watertimber
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January 07, 2018, 11:48:27 AM
 #13522

And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak

I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell.  Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ?

IOTA was already a TOP5 coin before and it will be again  Grin

high usd value? BTC is at 17000 and it's still rising. That's a high value. 3.99 as MIOTA is now seems dirt cheap psychologically.

I think this also depends on the supply?
IOTA supply is 2.7 billion. So $3.99 already makes it top 10 coin.

I'm also wondering why IOTA didn't increase a lot in recent days. Compared with one month ago (~$5), price even decreases a lot.

Anyone can try to help explain this? Actually I'm considering investing on IOTA.
revelacaogr
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January 07, 2018, 02:49:54 PM
 #13523

Official IOTA Foundation Response to the Digital Currency Initiative at the MIT Media Lab 

https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2

The IOTA Foundation was established in Germany in 2017 to support the development of the IOTA platform and related technologies. The aim of the foundation has always been to operate in a collaborative manner with other parties. Over the last few months, however, the IOTA platform has been the subject of ongoing criticism by the Digital Currency Initiative (DCI) team at the MIT Media Lab. This document serves as the IOTA Foundation’s official and comprehensive response to these criticisms.
Editor’s Note:
All of the information and links contained in this multi-part document were publicly available prior to publication. None of the information contained herein is new or revelatory.
This is a collective effort by many members of the IOTA Foundation and IOTA Core team. The purpose of this aggregation is to add color and context to these complicated and multi-faceted issues, so that the entire Distributed Ledger Technology (DLT) community can decide the relevance of this information for themselves......



IOTA was introduced in Mrs. Peng's speech in Huawei NB-IoT Partner Annual Meeting.

https://twitter.com/xiongzm/status/949998536392757248


https://mp.weixin.qq.com/s?__biz=MjM5MTM5ODQyMA==&mid=2651201312&idx=1&sn=187b42976da9bf688dcdc35401029701&chksm=bd44905b8a33194d459a41c8303fcb1b464465180e31798842d6403fa4bc17cdd718139c974b&mpshare=1&scene=1&srcid=0107eimmEDiII9BmZudv9ocZ&pass_ticket=kP4pPGQtVq%2FMzvlFj2QwXW44eht7cjUdPu%2BWt1Uvhmw%3D#rd


.....4. Internet chain
 
Regardless of whether you are aware or not, the scene I describe is now approaching: in the case of all things interconnected, all our physical equipment, material assets are digitized, and it is liquid, it has a digital identity, it has a sensor , So each machine has its own IP address, ID, and the machine uses its own bank account and wallet, and the machine can automatically complete a financial transaction with another machine.
 
But the transaction cost of bitcoin is very expensive, if you buy a cup of coffee with bitcoin may not be worth, because the transaction costs more expensive than the coffee itself. If trade friction costs so much, interoperability between machines, or micro-transactions between IoT devices, is almost impossible . IOTA is to solve this problem, specifically for the Internet of things born "blockchain" technology.
 
IOTA is currently the fourth largest cryptocurrency in the world. It is worth noting that IOTA uses an interesting distributed ledger technology to decentralize it. Unlike the standard blockchain technology used by most companies, the IOTA method is Tangle. DAG (Directed Acyclic Graph) structure, although it is a blockchain, in fact, it has neither block nor chain.
 
IOTA has improved the block chain must pay the fee to the miner's design, the person who issued the transaction does not need to pay the transaction fee. This zero-transaction fee design, especially for the future era of Internet data exchange, build the future era of machine economy. IOTA cleverly reached through tangles (Tangle) has not been able to achieve the blockchain zero transaction fee service.
 
At the end of November 2017, the IOTA Foundation has partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly available data market for the Internet of Things. This work is particularly intriguing where the market is fully supported by the IOTA distributed ledger. IOTA cryptocurrencies with the same name can be used for circulation in IoT products worldwide......


Jacky_Chan
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January 07, 2018, 04:17:01 PM
 #13524

Everyone should read this IOTA’s more detailed response to MIT DCI. It is very interesting and revealing - https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
vaddi
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January 07, 2018, 07:25:57 PM
 #13525

Everyone should read this IOTA’s more detailed response to MIT DCI. It is very interesting and revealing - https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2

What do you mean by "revealing" ?
Jacky_Chan
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January 07, 2018, 07:45:34 PM
 #13526

Everyone should read this IOTA’s more detailed response to MIT DCI. It is very interesting and revealing - https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2

What do you mean by "revealing" ?

It means it is telling you something you don’t know before.
revelacaogr
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January 08, 2018, 07:17:56 AM
 #13527

For people with mining rigs that dislike IOTA in fear that it will render their hardware useless
 by ShamblesDog

https://www.reddit.com/r/CryptoCurrency/comments/7owhiq/for_people_with_mining_rigs_that_dislike_iota_in/


pifagor2
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January 08, 2018, 07:59:56 AM
 #13528

Decided to note that now after month iota is not still listed on bittrex  Grin Grin Grin
Rumors stayed in past

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January 08, 2018, 09:52:36 AM
 #13529

Are the KYC addresses listed in the blogpost (https://blog.iota.org/claims-and-reclaims-finalization-e692844c505a) the old addresses of the old seeds or the new addresses of the new seeds where the foundation should send the tokens in this reclaim process?

This is important to know because afaik there's no way to know what your old addresses with the old seeds were anymore unless you for some reason had written them down somewhere.

The old (reused) addresses. Afaik you can check them with your old seed (history -> addresses), you might have to generate and attach a few because of the snapshot that happened in October.

No you can't, because the algorithm that generates the addresses has changed. So if you log in with the old seed, you won't be generating the same addresses you previously had.

IOTA Foundation, please release a list with the NEW addresses as you have those as well, so people can actually check if they are on the list or not.

Please?
Master mind
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January 08, 2018, 02:40:58 PM
 #13530

When Bittrex?
Normatel
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January 08, 2018, 06:37:46 PM
 #13531

guys I have really trouble with bitfinex, they dont want to answer my ticket, can you upvote my post that they can see me? Hope the community can help me, 500mi stuck :-( -> https://www.reddit.com/r/bitfinex/comments/7ozntb/iota_withdraw_ticket_183501_pending_since_6_weeks/
djpitagora
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January 08, 2018, 07:16:03 PM
 #13532

At the end of November 2017, the IOTA Foundation has partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly available data market for the Internet of Things. This work is particularly intriguing where the market is fully supported by the IOTA distributed ledger. IOTA cryptocurrencies with the same name can be used for circulation in IoT products worldwide......

they didn't partner with Microsoft. That turned out to be a lie misunderstanding.
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January 08, 2018, 08:09:27 PM
 #13533

they didn't partner with Microsoft. That turned out to be a lie misunderstanding.

That was explained in the recent response to MIT Media Lab DCI guys.
Jacky_Chan
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January 08, 2018, 08:17:43 PM
 #13534

At the end of November 2017, the IOTA Foundation has partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly available data market for the Internet of Things. This work is particularly intriguing where the market is fully supported by the IOTA distributed ledger. IOTA cryptocurrencies with the same name can be used for circulation in IoT products worldwide......

they didn't partner with Microsoft. That turned out to be a lie misunderstanding.

See the part2 regarding the corporation relationship - https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2
GOODCASH
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January 08, 2018, 11:13:03 PM
 #13535

I am loosing my investment day by day. I converted my ethereum to iota, ethereum is rising while iota is dying. should I sell my iotas and buy ethereum again? or this coin will rise?
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January 09, 2018, 02:10:42 AM
 #13536

Bittrex and other giant exchanges will surely be listing IOTA. It's just a matter of time and negotiations on the price on how much will be the cost. But when it listed IOTA, the coin will surely be pump to so high that it will legitimized its position as one of the top coin with big marketcap. It can even replace the position of ripple as the number 2 coin on all crypto currencies. I still hold some of my coins for the bittrex entry.

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January 09, 2018, 04:47:19 AM
 #13537

I am loosing my investment day by day. I converted my ethereum to iota, ethereum is rising while iota is dying. should I sell my iotas and buy ethereum again? or this coin will rise?

Don't sell your IOTAs, this is a few of the projects that are really worth your money, if they succeed...they will set a new standard for blockchain.
Jacky_Chan
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January 09, 2018, 01:04:45 PM
 #13538

https://medium.com/@iotasuppoter/iota-possible-bosch-usecases-bc0ebbce77d3
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January 09, 2018, 01:29:00 PM
 #13539

When an avowedly joke currency DOGE is worth over a billion. There may just be a massive crypto bubble. Maybe that's why people are selling. Doesn't mean iota ain't good, just may crash if there is a general correction.
nikochanbtc
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January 09, 2018, 01:31:23 PM
 #13540

Next ICO good luck.
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