IOTA

[bighodler]

What is the price that we expect to sell @ for the "Big deal"?

2500 sats (market cap ~$12M) seems popular in OTC trading

Yea, but these potential buyers won't buy at (currently quite illiquid) market rate when they know that their association alone (not to mention their future efforts) will boost IOTA by a significant amount. This is a symbiotic relationship, we can't expect to be parasites on their previous success which has given them the position they are in.

What price do they expect?

EDIT: And a comment. Even at illiquid market rate it is very small valuation. If adding their name make valuation much bigger then why is it so bad to buy at market OTC rate? If they like 2.5% they must believe in future, so what is market rate for such little valuation to such big fish? Don't talk back to me about parasites. I am simply discussing and this is no way to talk to person. I am not against special price, but you don't expect deal to be made without discussion.

[Voidcrafter]

Is the big promoter / buyer some crypto-person or from the real business / software world ?

[Tobo]

EDIT: These buyers are organizations? or individuals?

they are organizations with the best reputation in this space.

[d-trix]

EDIT: These buyers are organizations? or individuals?

they are organizations with the best reputation in this space.

Sounds like a good deal from well established organization, everything to gain and nothing to lose.

[msin]

Might make sense to get a price point from investors up front so we don't have a bunch of "deals" back out last minute.

[Tobo]

EDIT: These buyers are organizations? or individuals?

they are organizations with the best reputation in this space.

Sounds like a good deal from well established organization, everything to gain and nothing to lose.

True, the gain will be pretty big.You can tell it from what they have done before. I believe every iotacoin holder will regret if we can't get the deal just because there are not enough people to participate.

[rtrtcrypto]

There need's to be more transparency in regards to the deal, the entity involved, the expected price and volume they want, and what their plan is for the protocol going forward. 

I don't see how users can evaluate the merits of offering their Iotas up without further transparency. I also think presenting things in this current manner publicly looks rather odd (even if truly legitimate).

EDIT: These buyers are organizations? or individuals?

they are organizations with the best reputation in this space.

Sounds like a good deal from well established organization, everything to gain and nothing to lose.

True, the gain will be pretty big.You can tell it from what they have done before. I believe every iotacoin holder will regret if we can't get the deal just because there are not enough people to participate.

[hashtag101]

What is the price that we expect to sell @ for the "Big deal"?

2500 sats (market cap ~$12M) seems popular in OTC trading

Yea, but these potential buyers won't buy at (currently quite illiquid) market rate when they know that their association alone (not to mention their future efforts) will boost IOTA by a significant amount. This is a symbiotic relationship, we can't expect to be parasites on their previous success which has given them the position they are in.

What price do they expect?

EDIT: And a comment. Even at illiquid market rate it is very small valuation. If adding their name make valuation much bigger then why is it so bad to buy at market OTC rate? If they like 2.5% they must believe in future, so what is market rate for such little valuation to such big fish? Don't talk back to me about parasites. I am simply discussing and this is no way to talk to person. I am not against special price, but you don't expect deal to be made without discussion.

In business its about building relationships.

When we are starting this new relationship, and both parties know that their involvement in and of itself will benefit Iota greatly, don't you think that we should make a gesture that lets them know that we appreciate and value their involvement?

Or should we say: great, there are plenty of people selling, go ahead and buy your Iotas just like everyone else.

Of course that's not how we want to approach the start of a relationship with such a valuable partner.

With all the pumping that usually goes on in this space, David is trying to do his job, by trying to make that appreciative gesture, and at the same time minimize the potential pump that many will try to attach to it.

I would say he's doing just fine at striking that balance, which isn't an easy task. I wouldn't expect any less, given how he's handled our progress so far.

The only reason it is being discussed is because he himself let the community know.

I certainly don't see any reason to give him a hard time about it.

[greentea]

There need's to be more transparency in regards to the deal, the entity involved, the expected price and volume they want, and what their plan is for the protocol going forward. 

I don't see how users can evaluate the merits of offering their Iotas up without further transparency. I also think presenting things in this current manner publicly looks rather odd (even if truly legitimate).

I agree, I'm not a 1MM holder but would like to contribute to said 'deals' but would want further information on who/what/how

[hashtag101]

There need's to be more transparency in regards to the deal, the entity involved, the expected price and volume they want, and what their plan is for the protocol going forward. 

I don't see how users can evaluate the merits of offering their Iotas up without further transparency. I also think presenting things in this current manner publicly looks rather odd (even if truly legitimate).

EDIT: These buyers are organizations? or individuals?

they are organizations with the best reputation in this space.

Sounds like a good deal from well established organization, everything to gain and nothing to lose.

True, the gain will be pretty big.You can tell it from what they have done before. I believe every iotacoin holder will regret if we can't get the deal just because there are not enough people to participate.

You have to admit that it is impossible  for us to judge if David is handling this correctly when we can't see the whole picture.

This is one of those times where we have to trust the leader we have. He does see the whole picture.

When this is over, I am confident that we will understand why he is releasing the information about this the way he is.

Think about it. He is only acting in Iotas, and our, best interest.

The only question then, is if he is capable of making these assessments.

I myself see no reason to doubt his judgment, and his ability to size up the situation and act accordingly, considering how he has performed as Iotas leader so far.

[cryptoknightt]

Hmmmm....

The only one that would fit the limited info released so far is Goldman Sachs. This is completely a guess. Don't go starting rumors people.

 

[Tobo]

There need's to be more transparency in regards to the deal, the entity involved, the expected price and volume they want, and what their plan is for the protocol going forward.  
I don't see how users can evaluate the merits of offering their Iotas up without further transparency. I also think presenting things in this current manner publicly looks rather odd (even if truly legitimate).

I understand everyone including myself wants to know more details. But the non-disclosure agreement (NDA) just does not allow David to reveal anything more at this stage. If the deals are developing well, people will get more information based on the stages of the deals and the contributors eventually will know all the details of the deals in the end. At this stage, only the big picture can be revealed. Also there is no other better way for him to call the attention of all the big coin owners.

[bighodler]

What is the price that we expect to sell @ for the "Big deal"?

2500 sats (market cap ~$12M) seems popular in OTC trading

Yea, but these potential buyers won't buy at (currently quite illiquid) market rate when they know that their association alone (not to mention their future efforts) will boost IOTA by a significant amount. This is a symbiotic relationship, we can't expect to be parasites on their previous success which has given them the position they are in.

What price do they expect?

EDIT: And a comment. Even at illiquid market rate it is very small valuation. If adding their name make valuation much bigger then why is it so bad to buy at market OTC rate? If they like 2.5% they must believe in future, so what is market rate for such little valuation to such big fish? Don't talk back to me about parasites. I am simply discussing and this is no way to talk to person. I am not against special price, but you don't expect deal to be made without discussion.

In business its about building relationships.

When we are starting this new relationship, and both parties know that their involvement in and of itself will benefit Iota greatly, don't you think that we should make a gesture that lets them know that we appreciate and value their involvement?

Or should we say: great, there are plenty of people selling, go ahead and buy your Iotas just like everyone else.

Of course that's not how we want to approach the start of a relationship with such a valuable partner.

With all the pumping that usually goes on in this space, David is trying to do his job, by trying to make that appreciative gesture, and at the same time minimize the potential pump that many will try to attach to it.

I would say he's doing just fine at striking that balance, which isn't an easy task. I wouldn't expect any less, given how he's handled our progress so far.

The only reason it is being discussed is because he himself let the community know.

I certainly don't see any reason to give him a hard time about it.

Not valid because:

There need's to be more transparency in regards to the deal, the entity involved, the expected price and volume they want, and what their plan is for the protocol going forward.

I don't see how users can evaluate the merits of offering their Iotas up without further transparency. I also think presenting things in this current manner publicly looks rather odd (even if truly legitimate).

I have asked David privately these detail. He say "give 25MM blindly" but don't answer basic questions. There is nothing about giving a hard time. I ask basic questions but don't even get a basic answers. When I get basic answers I can make decision. It is a silly expectation otherway.

[tobeaj2mer01]

Where can I download IOTA testing client w/o GUI, it seems it has came out

[hashtag101]

What is the price that we expect to sell @ for the "Big deal"?

2500 sats (market cap ~$12M) seems popular in OTC trading

Yea, but these potential buyers won't buy at (currently quite illiquid) market rate when they know that their association alone (not to mention their future efforts) will boost IOTA by a significant amount. This is a symbiotic relationship, we can't expect to be parasites on their previous success which has given them the position they are in.

What price do they expect?

EDIT: And a comment. Even at illiquid market rate it is very small valuation. If adding their name make valuation much bigger then why is it so bad to buy at market OTC rate? If they like 2.5% they must believe in future, so what is market rate for such little valuation to such big fish? Don't talk back to me about parasites. I am simply discussing and this is no way to talk to person. I am not against special price, but you don't expect deal to be made without discussion.

In business its about building relationships.

When we are starting this new relationship, and both parties know that their involvement in and of itself will benefit Iota greatly, don't you think that we should make a gesture that lets them know that we appreciate and value their involvement?

Or should we say: great, there are plenty of people selling, go ahead and buy your Iotas just like everyone else.

Of course that's not how we want to approach the start of a relationship with such a valuable partner.

With all the pumping that usually goes on in this space, David is trying to do his job, by trying to make that appreciative gesture, and at the same time minimize the potential pump that many will try to attach to it.

I would say he's doing just fine at striking that balance, which isn't an easy task. I wouldn't expect any less, given how he's handled our progress so far.

The only reason it is being discussed is because he himself let the community know.

I certainly don't see any reason to give him a hard time about it.

Not valid because:

There need's to be more transparency in regards to the deal, the entity involved, the expected price and volume they want, and what their plan is for the protocol going forward.

I don't see how users can evaluate the merits of offering their Iotas up without further transparency. I also think presenting things in this current manner publicly looks rather odd (even if truly legitimate).

I have asked David privately these detail. He say "give 25MM blindly" but don't answer basic questions. There is nothing about giving a hard time. I ask basic questions but don't even get a basic answers. When I get basic answers I can make decision. It is a silly expectatiorn otherway.

You have the answers. You just dont like the answers you've been given.

You have every right to decide what you want to decide.

Make your choices.

This is very normal in the beginning of potential relationships in business, that may or may not grow any further.


Personally, I would like to see you have more faith in David and his abilities in management.

[hashtag101]

Where can I download IOTA testing client w/o GUI, it seems it has came out

 Join Ryver

[bighodler]

Hashtag. No, there is no answer. Only silence. Anyway talk to you is not productive. You can do nothing.

David, public or private. We need basic question answered. I have much to include. We all want good partnership, but not blindly. You have my contact and I have send you already my questions.

[rtrtcrypto]

I don't think an answer is owed to you (us)... only, I'm not comfortable to personally participate without further information. If the NDA prevents that, I'm ok with it...

In my case, I prefer to donate to the foundation. I will try to contribute where I can.

Hashtag. No, there is no answer. Only silence. Anyway talk to you is not productive. You can do nothing.

David, public or private. We need basic question answered. I have much to include. We all want good partnership, but not blindly. You have my contact and I have send you already my questions.

[hashtag101]

Hashtag. No, there is no answer. Only silence. Anyway talk to you is not productive. You can do nothing.

David, public or private. We need basic question answered. I have much to include. We all want good partnership, but not blindly. You have my contact and I have send you already my questions.

Fair enough. Ive explained my take on the matter. You are entitled to have your own take as well.

[cryptoknightt]

I pledge 250k IOTA each for the foundation and the big buyers.

add!!

What do you mean with "the big buyers" ?

check here, he donate 2M  https://docs.google.com/spreadsheets/d/17d2k_0Xgy2SSFx6NWx2xyrgF9pFcs_Mr-GgVg5Uvzjw/edit?ts=56eac2b7#gid=0  

Thanks, i ve seen it. "Foundation" is clear, but what means "deals". Sorry, i don´t get it.  


ps: Any bounty program in the future, e.g (german) translation or something like that?

Deals means there are potential big investors interested in IOTA and they want to get hold of IOTA below market rates so we are pooling IOTA for this. The big buyers have the capability to increase IOTA adoption globally they have done it before with other coins succesfully.

I wasn't aware that any coin, other than Bitcoin reached global adoption. What are the names of these coins?

Thank you