IOTA

[rtrtcrypto]

Has the new client arrived?
Has claiming been made easy now?
I was not able to get tx to confirm!

[MsCollec]

I've been trying to confirm my manual claim, is there a spreadsheet or something 

[youyou_]

I've been trying to confirm my manual claim, is there a spreadsheet or something  

contact david or come-from-beyond on the slack

[BiTrading]

Has any manual claim been processed?  If you got contacted by David, pls tell us so we know where we are at. No manual claims, no exchanges, easy.

[Jean-Luc]

Has any manual claim been processed?  If you got contacted by David, pls tell us so we know where we are at. No manual claims, no exchanges, easy.

I have the same question. Can we get an official public response from the Iota team on the status of the manual claim processing?

[youyou_]

Has any manual claim been processed?  If you got contacted by David, pls tell us so we know where we are at. No manual claims, no exchanges, easy.

I have the same question. Can we get an official public response from the Iota team on the status of the manual claim processing?

Glad to see you here, hoping to see you involved in the project.

[Jean-Luc]

Why should I get involved in a project that never sent me the tokens I paid for?

[youyou_]

Why should I get involved in a project that never sent me the tokens I paid for?

maybe if you were involved you would already have your token, dunno

[iotatoken]

Has any manual claim been processed?  If you got contacted by David, pls tell us so we know where we are at. No manual claims, no exchanges, easy.

I have the same question. Can we get an official public response from the Iota team on the status of the manual claim processing?

Hey Jean-Luc, long time...

We have given 'official responses' to this endless times. Everyone (that claims) will have their tokens before exchange listing and before 'expiration date of July 11th'. This has been repeated on every communication platform of ours ad nauseam.

It's not our fault that people such as yourself did not care enough about the project to claim within months.

[Jean-Luc]

We have given 'official responses' to this endless times. Everyone (that claims) will have their tokens before exchange listing and before 'expiration date of July 11th'. This has been repeated on every communication platform of ours ad nauseam.

I have seen this official response. However, I have never received a response to my manual claim request(s) sent to contact@iotatoken.com, so I have no proof that you have received and will process my manual claim. (Don't bother searching for Jean-Luc in your mailbox - I used an email linked to my real identity, and I am afraid I can't tell you which one it is.)

It's not our fault that people such as yourself did not care enough about the project to claim within months.

Except that I did claim. With the 0.9.something version. Your software failed to register my claim on the network, and of course now I have no proof that I did claim. Which puts me in the not so small group of users who had to send you their seeds for manual claim, never to hear back again. Not exactly the way to make them care about the project.

To avoid ending up in the same situation after the deadline of July 11th (with no proof that I have claimed in time), I kindly ask you to post a list of the outstanding manual claims pending to be processed so that users can be certain theirs will be taken care of, and don't need to bother you with emails or PMs again.

[oldisoft]

We have given 'official responses' to this endless times. Everyone (that claims) will have their tokens before exchange listing and before 'expiration date of July 11th'. This has been repeated on every communication platform of ours ad nauseam.

I have seen this official response. However, I have never received a response to my manual claim request(s) sent to contact@iotatoken.com, so I have no proof that you have received and will process my manual claim. (Don't bother searching for Jean-Luc in your mailbox - I used an email linked to my real identity, and I am afraid I can't tell you which one it is.)

It's not our fault that people such as yourself did not care enough about the project to claim within months.

Except that I did claim. With the 0.9.something version. Your software failed to register my claim on the network, and of course now I have no proof that I did claim. Which puts me in the not so small group of users who had to send you their seeds for manual claim, never to hear back again. Not exactly the way to make them care about the project.

To avoid ending up in the same situation after the deadline of July 11th (with no proof that I have claimed in time), I kindly ask you to post a list of the outstanding manual claims pending to be processed so that users can be certain theirs will be taken care of, and don't need to bother you with emails or PMs again.

Many of us made our claim long long time ago and everything were smoothly and automatical!  Don't know why many of you are doing everything in the last time, when Core Team are working HARD for developing!

Have a nice day

[rtrtcrypto]

ETA on the new client, please. I've tried to claim and never got anything through. As has been said before, some of us have tried to claim for weeks/months or, have already claimed 2-3 times. It's not like some people are just leaving everything to the last second.

I'm ready to claim NOW - I just need a client that will work for that procedure and have been told in slack to wait for the new one.

[AmarO]

Trillion coins in supply lol, makes it look very cheap and easy for it to go up but it is just a major hype job. Trillion in circulation so even if it goes up a little devs will dump for major profit as well as holders. This coin is going to have huge dumps every inch, don't fall for it when it comes on exchange possibly in 1-2 years. What a scheme, have a nice surprise when you find out how much David holds as well. Huge dumps will occur as the coin is steadily getting pumped before it gets on exchange. Do the math coin supply times coin price then ask yourself if the coin is actually worth that much in all. The software is a great idea but coin is just a scam imo. They've steadily rose the coin price and show you a chart when you go to see the price, however in reality it has nowhere close to that value. It's advertising "oh look at how many times our coin value has gone up, come by and get in early it will keep going up." Could be one of the meanest pump and dump coins in the history of Crypto.

[Winston.]

Trillion coins in supply lol

Better check your numbers. You're off by many orders of magnitude.

Besides that, really solid post. Flawless analysis of the fundamentals that shows a great understanding of the underlying technology, willingness to think critically, and a selfless attitude that puts others needs ahead of one's own. On top of all that, the impeccable display of chart interpretation is elite in quality. The wonderful crypto community is lucky to count you amongst their ranks. You're selling yourself short if you're not charging a premium for this insight.

[AmarO]

Trillion coins in supply lol

Better check your numbers. You're off by many orders of magnitude.

Besides that, really solid post. Flawless analysis of the fundamentals that shows a great understanding of the underlying technology, willingness to think critically, and a selfless attitude that puts others needs ahead of one's own. On top of all that, the impeccable display of chart interpretation is elite in quality. The wonderful crypto community is lucky to count you amongst their ranks. You're selling yourself short if you're not charging a premium for this insight.

A coin that has already been manipulated to 50x or 100x whatever it is for initial investors before hitting exchanges, what do you expect to happen? Your coin should double or triple most from your ico before it comes on exchanges or else it will result in massive dumps. This is common sense from a marketing perspective which is my speciality.

[Winston.]

Your coin should double or triple most from your ico before it comes on exchanges or else it will result in massive dumps. This is common sense from a marketing perspective which is my speciality.

Alas, the well known hard and fast rule of 2x to 3x gains has been eschewed to all but guarantee failure.

Again, so generous as to give away free advice. A true gentleman and a scholar.

[AmarO]

Your coin should double or triple most from your ico before it comes on exchanges or else it will result in massive dumps. This is common sense from a marketing perspective which is my speciality.

Alas, the well known hard and fast rule of 2x to 3x gains has been eschewed to all but guarantee failure.

Again, so generous as to give away free advice.

The implications of a 50x or 100x whatever it is before hitting exchanges is quite obvious. Why make trillions and trillions of coins? How much do you think David holds as well? Hahaha.

[Winston.]

Why make trillions and trillions of coins?

Total supply is completely arbitrary and meaningless as far as value impact is concerned. Value is influenced by changes in supply.
Let's build up an understanding of the supply curve. Supply vs. quantity supplied
http://econperspectives.blogspot.com/2008/05/supply-vs-quantity-supplied.html

Now let's tie it together with inelasticity. Scroll down to 'perfectly inelastic supply'
http://www.economicshelp.org/concepts/inelastic-supply/

With a fixed supply that has a perfectly inelastic supply curve, there are no changes in supply to influence prices from the supply side. In other words, at all prices supply will remain the same. Additionally, the total supply (location on the X axis) is unchangeable, so the curve will not shift in relation to the demand curve, which WOULD impact prices in the future.

EDIT: I don't want to risk being ambiguous here: The supply of IOTAs is forever fixed at 2,779 Ti. That makes it perfectly inelastic while also being fixed in place on the X axis.

How much do you think David holds as well? Hahaha.

Hopefully enough to be fully incentivized for project success. Considering that no token allotment was held for the devs or founders and 100% of the tokens were distributed in the crowdsale, the more he has, the more it cost him. Incentive alignment from the top down is important, so the community has donated an unprecedented amount of money to the IOTA Foundation and various other fundraising efforts.

[AmarO]

Why make trillions and trillions of coins?

Total supply is completely arbitrary and meaningless as far as value impact is concerned. Value is influenced by changes in supply.
Let's build up an understanding of the supply curve. Supply vs. quantity supplied
http://econperspectives.blogspot.com/2008/05/supply-vs-quantity-supplied.html

Now let's tie it together with inelasticity. Scroll down to 'perfectly inelastic supply'
http://www.economicshelp.org/concepts/inelastic-supply/

With a fixed supply that has a perfectly inelastic supply curve, there are no changes in supply to influence prices from the supply side. In other words, at all prices supply will remain the same. Additionally, the total supply (location on the X axis) is unchangeable, so the curve will not shift in relation to the demand curve, which WOULD impact prices in the future.

EDIT: I don't want to risk being ambiguous here: The supply of IOTAs is forever fixed at 2,779 Ti. That makes it perfectly inelastic while also being fixed in place on the X axis.

How much do you think David holds as well? Hahaha.

Hopefully enough to be fully incentivized for project success. Considering that no token allotment was held for the devs or founders and 100% of the tokens were distributed in the crowdsale, the more he has, the more it cost him. Incentive alignment from the top down is important, so the community has donated an unprecedented amount of money to the IOTA Foundation and various other fundraising efforts.

I understand what you typed about supply being meaningless as far as value impact is concerned but you can see as anyone else that a coins value going up that much before it gets on exchange is a serious issue as many dumps will occur. The coin supply concern was also tied in with how much the devs and founder hold. We have seen devs and founders do massive dumps before and nothing better to do it with than a penny coin. When a coin is on the exchange everyone is buying and selling however IOTA basically started buying and selling before the exchanges, manipulating the value. After an ICO it should go to an exchange not be traded between holders who can manipulate the value easily. This coin has been manipulated up since the ICO being traded between holders who can easily do that. By the time it gets on exchanges you can even 200x+ the value of this coin with manipulation however you want. I could have a good idea make trillions of coins then give it to investors and keep a semi private exchange where the value can be pushed from $.00001 to $.01 then bring it to a more public exchange. 1m coins getting dumped at a value of $1 is much more dangerous than 1m coins getting dumped at a value of 1c. A coin can only get its proper value when it comes out on a more public exchange after the ICO this has basically been traded privately resulting in an inflated value which will result in massive dumps. 1 guy who put in $10k decides to cash out when it gets on the exchange results in a $1m dump, $100k results in a $10m dump, $1 million results in a $100m dump. This is the massive issue due to coin supply and pumping before it gets on a public exchange the dumps will be endless. Also everyone asks "what was the ico price?" When people realize it was 100x less and see the coin supply is in trillions noone will want to get anywhere close to this due to the dump potential no matter how good the software is. The coin supply isn't the biggest issue although it supports it being a pump and dump coin, the biggest issue is how much it had X'd before it will go public. If it doubled or tripled before getting on an exchange that is not an issue but this is beyond a trillion coins that has been 100x before exchange I wonder what the value is if you multiple coin supply and price per you combine that with 100x before it goes public my goodness....

As good as the vision is behind this the coin implementation is awfully biased and noone will buy into a coin that has been 100x before going on a public exchange. Someone will just take the vision and create their own coin with more fair coin supply and price from ICO to exchange.

I wouldn't be surprised if BTC/ETH in private pull a quick one on the miners and take the approach this coin has taken which is masterful, DAG.

[iotatoken]

Your coin should double or triple most from your ico before it comes on exchanges or else it will result in massive dumps. This is common sense from a marketing perspective which is my speciality.

Hahahaha, we've been missing a good troll around here. Thanks.