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Author Topic: IOTA  (Read 1464965 times)
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realbigs21024
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June 13, 2017, 06:41:13 PM
 #8901

Only 2,779,530,283 IOTA according to coinmarketcap but according to https://learn.iota.org/faq/what-is-the-total-supply it is 1000 times more at
2.779.530.283.277.761. Why the difference?

Coinmarketcap shows megaiotas (millions of iotas) for some reason
Maybe because that is what it is trading as
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HIPERATIVO
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June 13, 2017, 06:48:43 PM
 #8902

Only 2,779,530,283 IOTA according to coinmarketcap but according to https://learn.iota.org/faq/what-is-the-total-supply it is 1000 times more at
2.779.530.283.277.761. Why the difference?

Coinmarketcap shows megaiotas (millions of iotas) for some reason
Basicaly 1 mi iota = 1 coin
             1 Gi iota  = 1000 coins
             1 ti iota    = 1000 000 coins
When compared to traditional coins,not in price though

Anything below Mi iota like Ki iota would be the same thing as satoshis,just fractions

But only because its the Mi thats being traded
 
If the price was for 1 IOTA only, the price would be much higher

It doesnt
elektra
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June 13, 2017, 06:48:51 PM
 #8903

Where is wallet?
BCPZalkota
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June 13, 2017, 06:50:13 PM
 #8904

I read upon this quickly this morning as I have only been a part of the crypto world for a few months. That being said, I understand it is

1) zero fees
2) can scale
3) offline transactions

What I do not understand is how the valuation is soo high right off the bat. And also how does this plan to make money and increase, like how do the devs and people working for this project make any money? Huh

I just do not get it, could somebody please explain this or tell me where I can find the information for myself? Would be greatly appreciated, thanks!


Because it has been in development and online for 3 years, but you just haven't read about it until now.
Come-from-Beyond
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June 13, 2017, 06:56:32 PM
 #8905

It is now clear for me that honesty is not the strong point of the IOTA team. At the start of the project (ICO), I have purchased iotas. And now, those iotas have disappeared just because I should have participated to your project, which has never been said in the initial agreement.

Quote
2.4 Unclaimed IOTA. If you do not claim all of your Resulting Distribution within 90 days
following the date we make it available to you, you may begin to permanently lose access to or
control over some or all of the Resulting Distribution.

You lie and still accuse someone else of being dishonest. Dude, something is wrong with you.
John_Paul
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June 13, 2017, 06:58:56 PM
 #8906

The best starting point is the IOTA blog, maybe starting with this old update - https://blog.iota.org/iota-weekly-newsletter-1-9d79972cfe73. Read more - https://blog.iota.org

Real world projects:
https://insights.ubuntu.com/2017/02/20/iota-iot-revolutionized-with-a-ledger
https://innovationhub.innogy.com/news-event/3lj6DX6LS0C4SyKmgEOiQq/meet-our-future-customers--machines-with-wallets
https://blog.iota.org/announcement-iota-as-backbone-in-e-voting-research-18f13d0edbd4
https://decentralized-identity.github.io
There are more projects which have not been announced yet.

The battle for the Money of Internet is far from being settled yet. In term of the market cap, it takes 7 years for Bitcoin to get where it is today and 2 years for Ethereum to get where it is today, which is almost as high as Bitcoin. It won't be long before IOTA catches up with them in the race of Money of Internet.
sn@tch
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June 13, 2017, 06:59:47 PM
 #8907

send @16:08 10gIOTA, till now not recive on Bitfinex...wtf is going on?Huh? Lost???
sheld0n
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June 13, 2017, 07:00:35 PM
 #8908

No, it is not 1,000 times less it is 1,000,000 less. It is because Coinmarketcap shows Miota. One Miota is 1,000,000 Iotas. Coinmarketcap named it wrong thats the actual mistake. So the number is correct the unit name is not.

Here is a picture of units:



Only 2,779,530,283 IOTA according to coinmarketcap but according to https://learn.iota.org/faq/what-is-the-total-supply it is 1000 times more at
2.779.530.283.277.761. Why the difference?
ParkerMTSMLJ
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June 13, 2017, 07:02:07 PM
 #8909

Here's another great explanation video for your viewing pleasure:
https://youtu.be/LyVLq13WfsE
elektra
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June 13, 2017, 07:04:25 PM
 #8910

Sorry but I am so fucking tired of these vague instructions and hoops you always have to jump through to get setup. So now I have downloaded the wallet and the instructions just say "Once the installation is completed, the app will automatically open as well as create Desktop shortcut."¨

No, that is not what happens, there is a window that comes up where you are supposed to put in a "Node setting" address. What am I supposed to put there??? There is no instructions on the step by step guide: https://iota.readme.io/docs/general
GTTIGER
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June 13, 2017, 07:06:00 PM
 #8911

Any update for jinn? Will more coins be released? Current cap seems too high given the small amount of supply released.

tehMoonwalker
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June 13, 2017, 07:06:47 PM
 #8912

rank 6 out of nothing? wtf is this sorcery!
Masoholik
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June 13, 2017, 07:07:15 PM
 #8913

Sorry but I am so fucking tired of these vague instructions and hoops you always have to jump through to get setup. So now I have downloaded the wallet and the instructions just say "Once the installation is completed, the app will automatically open as well as create Desktop shortcut."¨

No, that is not what happens, there is a window that comes up where you are supposed to put in a "Node setting" address. What am I supposed to put there??? There is no instructions on the step by step guide: https://iota.readme.io/docs/general

http://iotasupport.com/lightwallet.shtml
Febo
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June 13, 2017, 07:08:05 PM
 #8914

Community gatherd 1337 BTC (including JINN assets) for 999 999 999 so called "old iotas".
We send BTC without escrow to BTC address, there were no beta at this time, only whitepapper and hope that cfb will write code.

Full crowdsale info and distribution from that time https://tangle.ninja/iota/crowdsale
But it was long long ago.

So one old Iota in ICO was 0.00000133

1 000 000  OLD IOTA != 2 779 531 000 000 IOTA. That number was rounded. Just FYI.


so 1 old IOTA is 2 779 531 new IOTA or 2.78 mIOTA

mIOTA was in ICO 40.65 satoshi.
gIOTA was in ICO 40647 satoshi or 0.00040647 BTC



Considering this and if 1 mIOTA is now 1 IOTA that means price rose x500 from ICO.  from 40 satoshi to 21k satoshi.  Congrats Tongue

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BCPZalkota
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June 13, 2017, 07:08:57 PM
Merited by ajochems (1)
 #8915

Sorry but I am so fucking tired of these vague instructions and hoops you always have to jump through to get setup. So now I have downloaded the wallet and the instructions just say "Once the installation is completed, the app will automatically open as well as create Desktop shortcut."¨

No, that is not what happens, there is a window that comes up where you are supposed to put in a "Node setting" address. What am I supposed to put there??? There is no instructions on the step by step guide: https://iota.readme.io/docs/general

It's experimental new tech, what do you expect the user interface of facebook or candycrush???

Being the first in a new tech field probably ain't easy.
elektra
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June 13, 2017, 07:11:30 PM
 #8916

Sorry but I am so fucking tired of these vague instructions and hoops you always have to jump through to get setup. So now I have downloaded the wallet and the instructions just say "Once the installation is completed, the app will automatically open as well as create Desktop shortcut."¨

No, that is not what happens, there is a window that comes up where you are supposed to put in a "Node setting" address. What am I supposed to put there??? There is no instructions on the step by step guide: https://iota.readme.io/docs/general

http://iotasupport.com/lightwallet.shtml

Is there a link to this page from their offical homepage? Or any mention of this address you are supposed to connect to? : http://iota.bitfinex.com:80

Is the "Full Node" setting more secure and if so what should I put in there?
John_Paul
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June 13, 2017, 07:17:43 PM
 #8917

Sorry but I am so fucking tired of these vague instructions and hoops you always have to jump through to get setup. So now I have downloaded the wallet and the instructions just say "Once the installation is completed, the app will automatically open as well as create Desktop shortcut."¨

No, that is not what happens, there is a window that comes up where you are supposed to put in a "Node setting" address. What am I supposed to put there??? There is no instructions on the step by step guide: https://iota.readme.io/docs/general

Use this instruction - http://www.iotasupport.com/gui-lightwallet.shtml
John_Paul
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June 13, 2017, 07:20:15 PM
 #8918

Sorry but I am so fucking tired of these vague instructions and hoops you always have to jump through to get setup. So now I have downloaded the wallet and the instructions just say "Once the installation is completed, the app will automatically open as well as create Desktop shortcut."¨

No, that is not what happens, there is a window that comes up where you are supposed to put in a "Node setting" address. What am I supposed to put there??? There is no instructions on the step by step guide: https://iota.readme.io/docs/general

http://iotasupport.com/lightwallet.shtml

Is there a link to this page from their offical homepage? Or any mention of this address you are supposed to connect to? : http://iota.bitfinex.com:80

Is the "Full Node" setting more secure and if so what should I put in there?

http://www.iotasupport.com/gui-lightwallet.shtml

No. But full nodes can help to build a more secured network.
malexls
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June 13, 2017, 07:21:50 PM
 #8919

No, it is not 1,000 times less it is 1,000,000 less. It is because Coinmarketcap shows Miota. One Miota is 1,000,000 Iotas. Coinmarketcap named it wrong thats the actual mistake. So the number is correct the unit name is not.

Here is a picture of units:



Only 2,779,530,283 IOTA according to coinmarketcap but according to https://learn.iota.org/faq/what-is-the-total-supply it is 1000 times more at
2.779.530.283.277.761. Why the difference?

So the market cap shown on coinmarketacap is wrong because based on Miota ?
Correct me if wrong.
greentea
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June 13, 2017, 07:24:26 PM
 #8920

No, it is not 1,000 times less it is 1,000,000 less. It is because Coinmarketcap shows Miota. One Miota is 1,000,000 Iotas. Coinmarketcap named it wrong thats the actual mistake. So the number is correct the unit name is not.

Here is a picture of units:



Only 2,779,530,283 IOTA according to coinmarketcap but according to https://learn.iota.org/faq/what-is-the-total-supply it is 1000 times more at
2.779.530.283.277.761. Why the difference?

So the market cap shown on coinmarketacap is wrong because based on Miota ?
Correct me if wrong.

No coinmarketcap is correct, they list the total supply of Mi, since IOTA is traded in Mi

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