IOTA

[clixcoin]

$50B cap in the end of the year is possible with IOTA.

Much hard to say anything about that but in current scenario everything is possible how like these projects are growing this year now everyone is crazy about these. I hope so we will see much solid growth when it will get matured.

[Prova123]

Is there a reward for installing a node, full node, or something similar? I have no IOT and Bitfinex is out of my limit.

[Eildosa]

If I understood correctly the display is bugged on bitfinex?

We are not buying IOTA but MIOTA (M for Mega = 1 000 000) ?

[achimsmile]

If I understood correctly the display is bugged on bitfinex?

We are not buying IOTA but MIOTA (M for Mega = 1 000 000) ?

I partly agree, maybe they could label it better, but:

Bitfinex Orderbook: "Amount (Mi)"

Bitfinex "About IOTA" link:
"To make more reasonable trading prices, all IOTA trading on Bitfinex is in units of Mi (MegaIota) - one million IOTA."

[Eildosa]

If I understood correctly the display is bugged on bitfinex?

We are not buying IOTA but MIOTA (M for Mega = 1 000 000) ?

I partly agree, maybe they could label it better, but:

Bitfinex Orderbook: "Amount (Mi)"

Bitfinex "About IOTA" link:
"To make more reasonable trading prices, all IOTA trading on Bitfinex is in units of Mi (MegaIota) - one million IOTA."

I don't see that (Mi) anywhere
https://ibb.co/f0ARF5

[achimsmile]

If I understood correctly the display is bugged on bitfinex?

We are not buying IOTA but MIOTA (M for Mega = 1 000 000) ?

I partly agree, maybe they could label it better, but:

Bitfinex Orderbook: "Amount (Mi)"

Bitfinex "About IOTA" link:
"To make more reasonable trading prices, all IOTA trading on Bitfinex is in units of Mi (MegaIota) - one million IOTA."

I don't see that (Mi) anywhere
https://ibb.co/f0ARF5

below your bottom red circle

[Eildosa]

If I understood correctly the display is bugged on bitfinex?

We are not buying IOTA but MIOTA (M for Mega = 1 000 000) ?

I partly agree, maybe they could label it better, but:

Bitfinex Orderbook: "Amount (Mi)"

Bitfinex "About IOTA" link:
"To make more reasonable trading prices, all IOTA trading on Bitfinex is in units of Mi (MegaIota) - one million IOTA."

I don't see that (Mi) anywhere
https://ibb.co/f0ARF5

below your bottom red circle

Ooooh 

Right xD, sorry

[HIPERATIVO]

Its official My iotas have been almost 24 hours processing the withdraw on bitfinex, anyone care to explain why so long ?

[jubalix]

Can you answer this (quoting myself from another post):

Iota introduces an interesting new concept in the crypto scenario: the directed acyclic graph, or DAG. Basically it's an evolution of the usual blockchain, requiring no fees and without scaling issues.

Nevertheless, after having a quick look at the white paper I still don't understand how the nodes will keep working continuously. In the "tangle" there are no miners, the beloved greedy workers of the Bitcoin blockchain. Instead, here to perform a transaction, you should verify other transactions first. In the white paper (http://iotatoken.com/IOTA_Whitepaper.pdf) they say:

what motivates the nodes to propagate transactions? In fact, in our setup the nodes do not have motivation
not to propagate. Every node calculates some statistics, one of which is how many
new transactions are received from a neighbor. If one particular node is “too lazy”, it
will be dropped by its neighbors. So, even if a node does not issue transactions (and
hence has no direct incentive to share new transactions that approve its own one), it
still has incentive to work hard.

I'm not convinced by this statement. In fact, let's say that  I'm a node and I don't want to be excluded by other nodes (and even on this I would like to understand what it means to be excluded. If you start again working hard can you be re-admitted? I could work only if I need to do transactions).
If my fellow nodes work x, I could work 0.99 x to not get excluded and minimize my work. But this reasoning can be applied to every node, since electricity has a cost, so everyone one will lower its effort, resulting in a system that perform poorly.

yes wondering this also what is the incentive basis for the nodes to operate? I guess if they want to use their iota for something then they must have a node.....will this lead to sort of a centralized holder of iota on behalf of people that can't be bothered running a node with sufficient up time

[John_Paul]

https://amp.ibtimes.co.uk/iotas-tangle-meets-internet-things-requirements-better-any-blockchain-1626218

"It's not surprising that Internet of Things (IoT) transactional settlement and data transfer layer IOTA is a co-founding partner of IoT consortium the Trusted Internet of Things Alliance.

As well as other blockchain IoT specialists like Filament and Chronicled, the new consortium features heavyweight industry players such as Bosch and Cisco."

[konamist]

instantly top 6 in marketcap, this is insane, I don't think it will stay at the current price for long.

[Koloko]

It will go higher.

[entropond]

I signed up specifically out of interest in IOTA. Been involved in Bitcoin since 2011.  Feel like this is the most disruptive token getting exposure right now. Can easily see it at #2 position by end of year.  The technology is a game changer and their progress is excellent.

[IOTUSA]

Well, too bad I sold all my IOTA in the last 6 months before the Exchange intro. Congratulations to the holders.

[burner2015]

I signed up specifically out of interest in IOTA. Been involved in Bitcoin since 2011.  Feel like this is the most disruptive token getting exposure right now. Can easily see it at #2 position by end of year.  The technology is a game changer and their progress is excellent.

50:50 on that but yes I feel the same.  Hope we are right here.

I think Bitcoin will loose traction and move Position 4-5 ,  ETH will stay No1 for some time  and after that IOTA has a good chance.

[ParkerMTSMLJ]

For those of you who have not yet seen it:
https://youtu.be/LyVLq13WfsE

[Sunrise2000]

when we can buy IOTA in others exchanges?

[ngin-x]

I love the tech behind IOTA and will probably pick up a bunch of coins but not at this price. First day on the exchange and straight to 6th position on market cap ladder? WTF? The whales must be stocking up like there's no tomorrow. There are way too many coins in supply for this shit to be valued at over half a dollar right now.

I signed up specifically out of interest in IOTA. Been involved in Bitcoin since 2011.  Feel like this is the most disruptive token getting exposure right now. Can easily see it at #2 position by end of year.  The technology is a game changer and their progress is excellent.

50:50 on that but yes I feel the same.  Hope we are right here.

I think Bitcoin will loose traction and move Position 4-5 ,  ETH will stay No1 for some time  and after that IOTA has a good chance.

Just look at the number of dapps being launched on Ethereum platform every week. Not long to go before it takes the crown from BTC. It will take an earth shattering event right now to stop the Ethereum juggernaut.

Having said that, I don't think Bitcoin will go below No.2 position within the next few years since there is no other competitor is sight. I am bullish on Ripple but it has still some way to go before it catches up with Bitcoin.

[zainblaze]

I love the tech behind IOTA and will probably pick up a bunch of coins but not at this price. First day on the exchange and straight to 6th position on market cap ladder? WTF? The whales must be stocking up like there's no tomorrow. There are way too many coins in supply for this shit to be valued at over half a dollar right now.

I signed up specifically out of interest in IOTA. Been involved in Bitcoin since 2011.  Feel like this is the most disruptive token getting exposure right now. Can easily see it at #2 position by end of year.  The technology is a game changer and their progress is excellent.

50:50 on that but yes I feel the same.  Hope we are right here.

I think Bitcoin will loose traction and move Position 4-5 ,  ETH will stay No1 for some time  and after that IOTA has a good chance.

Just look at the number of dapps being launched on Ethereum platform every week. Not long to go before it takes the crown from BTC. It will take an earth shattering event right now to stop the Ethereum juggernaut.

Having said that, I don't think Bitcoin will go below No.2 position within the next few years since there is no other competitor is sight. I am bullish on Ripple but it has still some way to go before it catches up with Bitcoin.

you are completely missing the point of iota

[Watanabe1505]

I predict Rank of cryptocurrency in 2018 as below:
#1 ETH
#2 IOTA
#3 BTC
#4 XRP