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Author Topic: IOTA  (Read 818660 times)
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loveyouforever
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March 21, 2017, 02:53:01 AM
 #7981

BTC face fork risk, ETH price is already too high, if IOTA is listed on Exchange now, it will attract speculated fund, good price on Exchange is helpful on the market and community building,more people invested in IOTA, more IOTA node will be set up and IOTA network will be more efficient and robust, the process is positive feedback or vice versa.

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March 21, 2017, 11:38:06 AM
 #7982

Not here to FUD, I really like iota and I wish it succeds, but when I see all these guys repeating again and again about "partnerships with big companies"... I dont like hype and delusion in markets, so im going to say, it is about "proof of concept" projects, which basically means that they will test it to see if they can base a real life bussines model on it. Yes it is awsome achievement, for project from bitcointalk, but it doesnt mean they are going to use it. Maybe they will just find out what needs to be changed and they will create their own alternative based on results or decide to go with other tech they partnered with for POC.

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March 21, 2017, 11:41:58 AM
 #7983

Not here to FUD, I really like iota and I wish it succeds, but when I see all these guys repeating again and again about "partnerships with big companies"... I dont like hype and delusion in markets, so im going to say, it is about "proof of concept" projects, which basically means that they will test it to see if they can base a real life bussines model on it. Yes it is awsome achievement, for project from bitcointalk, but it doesnt mean they are going to use it. Maybe they will just find out what needs to be changed and they will create their own alternative based on results or decide to go with other tech they partnered with for POC.

Of course there are a ton of pocs , however with the big partnerships like innogy and ubuntu we are far behind the poc phase , read the announcement , they will use it , not just as a poc

a bunch of pocs have been developed for a LONG time

Pocs dont get published at all , they get published once they turn into real things

and a bunch of pocs that turned into real deals are not being published yet due to non-disclosure-agreements
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March 21, 2017, 11:48:40 AM
 #7984

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions. 

Your math is right if assuming that no dump happens when all coins have been released.


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March 21, 2017, 12:16:03 PM
 #7985

IOTA is somewhat uncertain that might be better than byteball to the general public. So, 20'000 btc marketcap is way more legit these days (while BB has 10'000).

you underestimated BB's real marketcap. BB only released 13.4% of its total coins so far. Its marketcap for the 13.4% of coins is 10,000 btc. It means that its overall marketcap for all its coins is 74,626 btc (10,000/13.4%), about $74 millions.

Your math is right if assuming that no dump happens when all coins have been released.

He cannot make a linear extrapolation. It is a very naive method.

What would happen to the *current price today* if Tony announces that he would release the rest of the coins(86.6%) in the following week?
Anyone with basic understanding understands that 5 minutes later we would see a price drop.
Why would it drop? aren't they suppose to think that a $74m is a fair marketcap?
His argument implies that it wouldn't make a change and the market would be indifferent to such announcement. And it is a false assumption.

I'm not really familiar with BB but my guess is that he made this kind of distribution to make it perceived by others the way John_Paul is incentivized to see it.

My guesstimate for BB marketcap is anywhere in the range of $20m-$45m (and I have been very generous)
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March 21, 2017, 01:04:16 PM
 #7986

BTC face fork risk, ETH price is already too high, if IOTA is listed on Exchange now, it will attract speculated fund, good price on Exchange is helpful on the market and community building,more people invested in IOTA, more IOTA node will be set up and IOTA network will be more efficient and robust, the process is positive feedback or vice versa.

People have not started to grasp and appreciate the fact that IOTA has got rid of miners. In IOTA, the transaction issuers are also transaction approvers and these two parties are no longer decoupled as in Bitcoin and Ethereum which use miners as the transactions approvers.  This will bring a huge advantage for IOTA.

We all know how many frictions the miners have brought into the Bitcoin system. The third parties (such as miners in PoW, stakers in PoS, witnesses and delegates in other systems) naturally makes the system more complicated (in other words, more vulnerable) because they could have different interests than the issuers(users). When those platforms become big enough like today's Bitcoins, the conflicts between issuers and approvers will become notable. This kind vulnerability could make those systems virtually not fit for commercial use and applications when the conflicts become big.
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March 21, 2017, 01:44:12 PM
 #7987

It is highly possible that in the next several months, we will start to see the narratives about how to reduce miners power, how to get rid miners, and how to get rid of the third party validators eventually in the research branch in this cryptocoins space.
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March 21, 2017, 03:44:08 PM
 #7988

People have not started to grasp and appreciate the fact that IOTA has got rid of miners. In IOTA, the transaction issuers are also transaction approvers and these two parties are no longer decoupled as in Bitcoin and Ethereum which use miners as the transactions approvers.  This will bring a huge advantage for IOTA.

We all know how many frictions the miners have brought into the Bitcoin system. The third parties (such as miners in PoW, stakers in PoS, witnesses and delegates in other systems) naturally makes the system more complicated (in other words, more vulnerable) because they could have different interests than the issuers(users). When those platforms become big enough like today's Bitcoins, the conflicts between issuers and approvers will become notable. This kind vulnerability could make those systems virtually not fit for commercial use and applications when the conflicts become big.

Exactly, DAG (Tangle) is superior to any current consensus in almost every way. The fact that is solves scalability and fees is a huge step forward. Ethereum still hasn't even figured out how to implement POS (not sure if there is a safe way) and the clock is ticking, frankly I wouldn't be surprised if it looks into DAG as an alternative.
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March 21, 2017, 04:20:59 PM
 #7989

Not here to FUD, I really like iota and I wish it succeds, but when I see all these guys repeating again and again about "partnerships with big companies"... I dont like hype and delusion in markets, so im going to say, it is about "proof of concept" projects, which basically means that they will test it to see if they can base a real life bussines model on it. Yes it is awsome achievement, for project from bitcointalk, but it doesnt mean they are going to use it. Maybe they will just find out what needs to be changed and they will create their own alternative based on results or decide to go with other tech they partnered with for POC.

Are you aware that a big chuck of the marketcap is based on expectations? when was the last time you have used DASH to buy something at the store?
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March 21, 2017, 05:04:09 PM
 #7990

Not here to FUD, I really like iota and I wish it succeds, but when I see all these guys repeating again and again about "partnerships with big companies"... I dont like hype and delusion in markets, so im going to say, it is about "proof of concept" projects, which basically means that they will test it to see if they can base a real life bussines model on it. Yes it is awsome achievement, for project from bitcointalk, but it doesnt mean they are going to use it. Maybe they will just find out what needs to be changed and they will create their own alternative based on results or decide to go with other tech they partnered with for POC.

I completely agree, in fact you will find the Iota team is very anti-hype, almost too much. There are no guarantees in crypto, but Iota serves a specific purpose and is unique in every way, and has established some very key relationships to further adoption. The crypto trader market is second-tier priority for the Iota team you will find they are far more concerned with PoC projects and legitimate business partnerships. Compared to so many other projects that are publicly traded, Iota is actually working and ready for mainstream. With time I think you'll see a lot of similarities with Ethereum for independent developer projects and Ripple for corporate partnerships.
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March 22, 2017, 03:29:35 PM
 #7991

It is highly possible that in the next several months, we will start to see the narratives about how to reduce miners power, how to get rid miners, and how to get rid of the third party validators eventually in the research branch in this cryptocoins space.

It came sooner as I thought - http://www.coindesk.com/fire-the-miners-radical-ideas-emerge-as-bitcoin-fork-talk-escalates/

Someone should bring IOTA into their conversation.
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March 22, 2017, 03:51:09 PM
 #7992

It is highly possible that in the next several months, we will start to see the narratives about how to reduce miners power, how to get rid miners, and how to get rid of the third party validators eventually in the research branch in this cryptocoins space.

It came sooner as I thought - http://www.coindesk.com/fire-the-miners-radical-ideas-emerge-as-bitcoin-fork-talk-escalates/

Someone should bring IOTA into their conversation.

They already wrote articles about iota http://www.coindesk.com/will-the-internet-of-things-need-its-own-blockchain/
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March 22, 2017, 09:15:03 PM
 #7993

Any updates on the exchange listing yet? I remember seeing something about that a couple of weeks ago in the slack, about a pending announcement?



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March 22, 2017, 09:26:11 PM
 #7994

Any updates on the exchange listing yet? I remember seeing something about that a couple of weeks ago in the slack, about a pending announcement?

https://bitcointalk.org/index.php?topic=1298661.msg18287961#msg18287961

 Grin
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March 22, 2017, 09:52:58 PM
 #7995

there was a signature change, so your old balance is part of the address with all the 999's
install a client and you can get the iotas from your old seed into a new one.

Contact David aka iotatoken.

Hello again

I have written many emails to iota support, also many messages to David
and he has never answered.
Why in the snapsot of the 2 of March 2016 appears my wallet
JXQVDPNKMEZVTZDBRFJYQELAIKJYBCAVIYBQAISXLEAMGVYEBN9NASUWINKOINBLSBGUQEKOTQC9GRK XV
https://bitcointalk.org/index.php?topic=1216479.msg14351843#msg14351843
However in the snapsot of October 3, 2016 no longer appears and neither
in the following
http://Http://pastebin.com/NdQjLWbK

What do I have to do to recover my iotas besides recommending me to
write to iota support, since they do not give life signals?


what do you mean with :
so your old balance is part of the address with all the 999's


"Actually, I believe his is in the same boat as I. We cannot use the wallet to claim, but have to give David our information (old seed and a new address created with a new seed) so he submits it to CfB to be included in the next snapshot."

One thing or the other ?
There are more cases like mine, pending to make the claim yet?
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March 23, 2017, 09:48:15 AM
 #7996

Where to buy IOTA? When this coin is going to an exchange?
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March 23, 2017, 10:02:43 AM
 #7997

Where to buy IOTA? When this coin is going to an exchange?

you can buy it on: https://ydx.slack.com
now price is 1T IOTA = 19BTC

IOTA
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March 23, 2017, 10:25:10 AM
 #7998

Where to buy IOTA? When this coin is going to an exchange?

you can buy it on: https://ydx.slack.com
now price is 1T IOTA = 19BTC

19BTC if he wants to sell -

if he wants to buy it is 21BTC - latest ASK.

Wink

I guess after roadmap posting price will be much higher

Iotas are Schrödinger's kittens and Tangle is their box keeping them on the edge between the life and the death.

IOTA - first worldwide 3rd gen token - zero fees! - Internet of Things
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March 23, 2017, 11:07:10 AM
 #7999

When will the Roadmap be posted and where?
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March 23, 2017, 11:15:41 AM
 #8000

When will the Roadmap be posted and where?

Once the guy doing the graphics is finished it will be posted in slack #general
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