IOTA

[iotatoken]

Premine is not an option for now. It has been restated many times by the team. Forget about it. You only option is to donate. Yes, there is still a risk if you donate 5% and other don't. But it is much a bigger risk if you don't donate. So you got a smaller risk if donating. On top of that, if you donate and the foundation is still not be created, I guess that you as a donator might have a chance to be considered and be given some kind of privilege in the team's future projects.

Read your statement above and imagine you are the CEO of a large company considering investing with CfB and David.

Would a 'deal' made with these guys be worth much knowing what they've done with previous business partners?

Time to call a spade a spade. Working with people who change conditions with threats is very risky

I missed this post.

What 'deal' have we made with any 'previous business partners' that we have not honored? Jinn project? Well underway. IOTA? It's software that you have had the chance to confirm is not vaporware since January.

So exactly what is your complaint here, other than us not being your slaves because you bought a product with WELL DEFINED terms that excluded your right to think of us as slaves?

[Come-from-Beyond]

So exactly what is your complaint here, other than us not being your slaves because you bought a product with WELL DEFINED terms that excluded your right to think of us as slaves?

Well, I think ToS and Risk papers were read only by very few buyers...

[iotatoken]

So exactly what is your complaint here, other than us not being your slaves because you bought a product with WELL DEFINED terms that excluded your right to think of us as slaves?

Well, I think ToS and Risk papers were read only by very few buyers...

It's ironic how many crypto guys aren't even able to read clear text

[iotatoken]

So I am selling a 1% stake in IOTA token supply for a 25x return. If CfB agrees he can act as escrow. That'll leave me with a small stake which I'll gladly donate 5% from. If anyone wants to own 1% of IOTA let me know. I don't agree with what's happening with the foundation funding from donations, but for those who feel comfortable with that, here's a chance to get on board. I know IOTA is not at 25X yet, but when it is I want to move on regardless of what happens from here.

Let's just put this into perspective, you are complaining about us giving you a 25x ROI without you lifting a finger? And you want the person who worked the hardest to achieve exactly that 'replaced' because he refuse to be treated like a slave by you? I thought no one could top altcoinUK, but you did. Congrats

[hoertest]

few questions, how much time will the foundation get to be funded after launch? (by launch i mean the moment cfb gives his go for the escrow deals). whats the current estimate for that moment to arrive?

Not entirely sure how long it'll take for CfB to go through escrow deals. But it will be/not be founded by official launch. Official launch date will be announced this week.

i don't mean his escrows. i mean when will we be able to send iota without the fear of a roleback ( he said he would give his go  at one point, yassin can confirm this)  so we could settle our deals from the speculation thread. there has to be a version out before launch that enables that. otherwise i couldn't donate before launch and many others too. also please consider to give it another few weeks after launch to get the foundation funded , what speaks against it. i think alot of people want to wait stable release before claiming and than potentially donating.

[ElitistCA]

any estimates when it will be tradable on exchanges? are you guys in talk with any?

[Tobo]

i don't mean his escrows. i mean when will we be able to send iota without the fear of a roleback ( he said he would give his go  at one point, yassin can confirm this)  so we could settle our deals from the speculation thread. there has to be a version out before launch that enables that. otherwise i couldn't donate before launch and many others too. also please consider to give it another few weeks after launch to get the foundation funded , what speaks against it. i think alot of people want to wait stable release before claiming and than potentially donating.

0.9.19 is ok for people to claim and donate. It will probably not rollback. But even if it will rollback, the donation will stay and be counted automatically next time. It is important to make your donation now and the team can have a good estimate of how much donation they will get before the official launch. They(the team) need to make the decision before the launch.

[50cent_rapper]

any estimates when it will be tradable on exchanges? are you guys in talk with any?

I read in chat that cfb wants it hit exchanges before bitcoin halfing - so all the speculators can dump.

[hoertest]

ok one last time.

CFB when will we be able to settle our deals from speculation thread?! You said you would give your go, i think there is some misunderstanding on if this will resemble the launch release.

Also, how do you guys here define launch? i always thought it would be the launch of mainnet. Isn't it common practice for most ico participants to wait until launch till claiming their coins. i think so. even if you want it different now.

so why the hell has the foundation to be funded before said launch when most investors will probably claim and donate after launch. i just don't get this.
Its like dooming it to fail on purpose. 

is it really that hard to do. launch a version that assures no more rolebacks, call it the "claim launch" , let people claim safely and assured of no more last minute experiments,  let second tier buyers finish their deals , give the foundation a funding timeframe at this stage. then set launch date for final version with all the hurrays and confetti, get you well deserved applause and meanwhile stress the fact that the foundation needs to get funded for this team to go on. then set at deadline for foundation. publish it scream it out on all channels DURING launch. so ALL investors know whats up not just us forum nerds

Foundation will be funded in no time

[Come-from-Beyond]

CFB when will we be able to settle our deals from speculation thread?!

We could do it this way:

1. Sellers send iotas.
2. I do tangle reset.
3. Buyers check if the iotas are still in their accounts.

[hoertest]

CFB when will we be able to settle our deals from speculation thread?!

We could do it this way:

1. Sellers send iotas.
2. I do tangle reset.
3. Buyers check if the iotas are still in their accounts.

whats you opinion on a small "claim launch" that can't be resettet anymore before the update to big launch? people don't wanna transact on a tangle that may be resettet when there is BTC changing hands, many for some. and many with your goals probably . its just to fragile imo

[Come-from-Beyond]

whats you opinion on a small "claim launch" that can't be resettet anymore before the update to big launch? people don't wanna transact on a tangle that may be resettet when there is BTC changing hands, many for some. and many with your goals probably . its just to fragile imo

That test will show if BTC can change hands.

[hoertest]

whats you opinion on a small "claim launch" that can't be resettet anymore before the update to big launch? people don't wanna transact on a tangle that may be resettet when there is BTC changing hands, many for some. and many with your goals probably . its just to fragile imo

That test will show if BTC can change hands.

don't get it, of course btc can change hands. question is when can iotas change hands without reset.

[Come-from-Beyond]

don't get it, of course btc can change hands. question is when can iotas change hands without reset.

If sent iotas survive reset then BTC can change hands. I suggest to check if they will survive.

[hoertest]

don't get it, of course btc can change hands. question is when can iotas change hands without reset.

If sent iotas survive reset then BTC can change hands. I suggest to check if they will survive.

to much ifs imo, what if they survive the reset but disappear on the next reset.
how far are we from a version that won't be resetet anymore, develpment wise. this hassle doesn't make sense in my point with mainnet or "no more resets net" , what ever a dev calls it ,just around the corner.

it was clear to me the whole time, genesis acoount owners help testing while pre launch, then after launch i hit my guy up und we finish escrow , no need for you to do anything, all cool so far.

now with the  foundation the way its communicated so far , you know, that it needs funding before launch which doesn't make any sense to me, fucks this all up

you get where i'm coming from? i wanted to wait and do my thing after launch naturally, why should i bother you with my escrow deals,

but now i want to donate but after launch can't when donations close before  (again nonsense if true) but i don't want it to be no risky business with rollbacks /resets and shit either, you know,  I want to donate


you get where i'm coming from?


this would all be no deal for me if you guys say "ok, donations still possible after launch" would make this all so much easier for all of us, wouldn't it?

[Come-from-Beyond]

to much ifs imo, what if they survive the reset but disappear on the next reset.

Then I'll try to find the source of that miracle and will become its prophet.

[iotatoken]

this would all be no deal for me if you guys say "ok, donations still possible after launch" would make this all so much easier for all of us, wouldn't it?

I have already adressed this on numerous occassions, but I will do it once more:

We do not believe (based on half a decade in this space) that post-launch people will donate significant amounts due to what we got planned. Once IOTA reach a certain status in both media and value greed kicks in. It's human nature. I have seen it several times, I've seen it kill projects and I've seen the exact same behaviour in this very thread numerous times. Therefore we need this to be decided on pre-launch.

[Richard1972x]

Some news:

It was a bad decision to adopt address reuse, the scalability got a big negative impact and now I'm reverting this feature. Iota is designed for machines which can live without the address reuse, it's still possible to create a protocol on top of Iota messaging to support aliases for transfers though.

To add to this update:

We'll release a bare-bones UI without all the fancy animations and beautified icons, which will be extremely easy to use and nice, but not the final version, so that everyone can send/receive and experiment with IOTA in last stage of beta that we're entering now. This means everyone should prepare to begin testing, the more testing = the faster release.

Re: reverting decision on reusable addresses, just shows that we need to focus on the machine-2-machine nature of IOTA, not human use, which is why I am so negative towards all those begging for GUI instead of spending time on what matters: IOTA's IoT nature.

On the topic of Foundation: I see a lot of people want to pledge the proceeds from the 'Big deal' sales to the foundation. This is a great thing and I am very proud that we got such a forward thinking community that understand the importance of having continuous growth and active people ensuring future expansion of IOTA. If most of the pledged 'Big deal' proceeds go to the foundation I'll set the new limit on the Foundation to 30 million IOTA, instead of 50 million.

Other than that: There'll be big news will come soon about new partnerships, new website, professional video made and C# client in addition to our JAVA one.

David, can you please comment at your post in bold. At the moment the pledge proceeds of the "Big Deal" seems to be missing in your 5% calculation.
Thanks for your feedback.

Richi

[hoertest]

this would all be no deal for me if you guys say "ok, donations still possible after launch" would make this all so much easier for all of us, wouldn't it?

I have already adressed this on numerous occassions, but I will do it once more:

We do not believe (based on half a decade in this space) that post-launch people will donate significant amounts due to what we got planned. Once IOTA reach a certain status in both media and value greed kicks in. It's human nature. I have seen it several times, I've seen it kill projects and I've seen the exact same behaviour in this very thread numerous times. Therefore we need this to be decided on pre-launch.

ok thanks for chiming in, i think greed will be the driving factor for the foundation to become reality, people are greedy but not stupid  ,

anyway even if not, iota is in a strange postion now cause usually its launch and claim, people are just used to it,how many ico accounts claimed so far?
i think a little "Claim Launch" would help ramp up people claiming their iotas and like i said there is tons of people including me that want to donate but won't get their coins until launch cause we don't have genesis accounts, i have a small one but my main position is send to me once this is possible.

For this "little launch" we would need clear communication, Like a "this is it, you can do your business on this tangle now, we encourage all genesis account holders to claim now, its safe" something like that, this is a PR thing at this point also

I don't want to complain, i hope you don't get it that way, i really don't
i just want to help solve this situation , get the foundation funded.

[hoertest]

to much ifs imo, what if they survive the reset but disappear on the next reset.

Then I'll try to find the source of that miracle and will become its prophet.

  i get it, i'm an ape to you