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Author Topic: IOTA  (Read 1471701 times)
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tasbin
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August 28, 2017, 10:00:09 AM
 #10741

I have tried the android application available on the playstore. it is a joke in term of security.
Some users even complain about missing tokens with a balance equal to zero, quite the lottery.

I will not put anything more than 10 bucks on it until it is more secure.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 28, 2017, 10:02:52 AM
 #10742

I have tried the android application available on the playstore. it is a joke in term of security.
Some users even complain about missing tokens with a balance equal to zero, quite the lottery.

I will not put anything more than 10 bucks on it until it is more secure.

The wallet works fine. Used it for some ping pong transaction between it and the desktop client. It now has a simple password logging system so the seed only has to be entered once.

carajillu
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August 28, 2017, 10:20:44 AM
 #10743

I have tried the android application available on the playstore. it is a joke in term of security.
Some users even complain about missing tokens with a balance equal to zero, quite the lottery.

I will not put anything more than 10 bucks on it until it is more secure.

The wallet works fine. Used it for some ping pong transaction between it and the desktop client. It now has a simple password logging system so the seed only has to be entered once.

It is always newbie accounts with less than 10 messages FUDding , a lot of jealousy around I guess. Byteballers are angry people.
Cryptian
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August 28, 2017, 10:34:00 AM
 #10744

https://www.cryptocoinsnews.com/mod-token-backed-regulatory-driven-business-case-blockchain-technology-pharma-supply-chain-ito-announced/

article on Modum and IOTA

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August 28, 2017, 10:36:19 AM
 #10745

First ICO to accept MIOTA's

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August 28, 2017, 10:56:17 AM
 #10746

Byteballers are angry people.

I am not an angry person  Cheesy

ridery99
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August 28, 2017, 12:25:40 PM
 #10747

I have tried the android application available on the playstore. it is a joke in term of security.
Some users even complain about missing tokens with a balance equal to zero, quite the lottery.

I will not put anything more than 10 bucks on it until it is more secure.

Stop fudding! You will get banned soon if you spread false information and fud the price down
carajillu
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August 28, 2017, 12:40:01 PM
 #10748

Byteballers are angry people.

I am not an angry person  Cheesy

Hehe, some of them are, Satosomething for example Smiley I dunno why, but always angry.
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August 28, 2017, 03:50:24 PM
 #10749

People can sell all the IOTA they want but once this goes to another major exchange they will be marketbuying at a loss. That's fine with me as this is the only $CRYPTO that I consider a long term investment.
zxbball
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August 28, 2017, 03:57:02 PM
 #10750

 hi iota fans , I feel iota's wallet is too simple, but passphrase need 81 capthau too complte, byteball's wallet is easy to use,and have some unqine function, some exchange bot , and the most useful bot is the chatgroup.
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August 28, 2017, 04:02:31 PM
 #10751

i am interested in IOTA, but i'm very reluctant to set up another crypto exchange account.. Hope another major exchange will list them soon.

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August 28, 2017, 04:18:56 PM
 #10752

IOTA to cooperate with Volkswagen and innogy? https://twitter.com/CarstenStoecker/status/902129612372762624
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August 28, 2017, 06:09:02 PM
 #10753

IOTA to cooperate with Volkswagen and innogy? https://twitter.com/CarstenStoecker/status/902129612372762624

Yes they are, this is already known. I believe IOTA are working with VW on odometer technology to basically generate odometer readings recorded on Tangle ledger to avoid cars being 'clocked' etc; so basically an anti-fraud measure. I believe they are also looking at how to work nanopayments between electric cars and charging point infrastructure - so machine-to-machine payments.

In one of Dom's interviews he mentions other "big corporate partnerships" already being progressed to be announced before the end of 2017.

This is what I like about IOTA.... its not just "hype"...they are actually developing real world tangible solutions that will benefit people, not just endless waffle like so many other cryptos.

IOTA will be huge.
Nargiza
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August 28, 2017, 06:53:03 PM
 #10754


Hey some body out Here how want to Sell Iota ?
I would by 50 coins via Bank or cash


https://steemit.com/cryptocurrency/@nargiza/something-about-iota

very nice first article. will you write an introduceyourself post too? sure many want to learn more about you

Hi. Thank you so much. I live in Belgium actually my motherland is Russia. I'm new in this crypto world and looking to find my way here...)
2dogs
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August 28, 2017, 07:02:49 PM
Last edit: August 28, 2017, 11:03:53 PM by 2dogs
 #10755

Finally, out.
Opportunity cost is too great, other alts have been on a terror, IOTA has done diddly.
Plus the Bitfinex drama, not waiting for another exchange.

Thanks for the ride - bye.

EDIT:  Feel free to buy.  Having sold, it will probably moon. GL to all!
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August 28, 2017, 07:08:17 PM
 #10756

Hi guys.I wrote my first article on IOTA. What do you think?

https://steemit.com/cryptocurrency/@nargiza/something-about-iota

Nice first article Smiley
Cool job Smiley-

Thank you..)
MairaObergh
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August 28, 2017, 09:06:09 PM
Last edit: September 17, 2017, 04:30:07 AM by MairaObergh
 #10757

How much did IOTA raised during their ICO? Because the first time I saw it, the market cap was like a billion. Was this a coin that raised hundreds of millions?

~500k$ if I remember correctly

I find that hard to believe, Impossible. The profits would be insane. The profits would be 4,900x. 49 dollars for every penny.

Well, not that much. Actually was 1337 BTC, and current market cap is 577030 BTC, so is 432x BTC wise.

That sounds much more reasonable. I mean compared to 4,900x. Perhaps the ICO was when Bitcoin was much less. I really, really want to experience that feeling of investing into something that will give me a 432x return.
APlaceintheSun
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August 29, 2017, 05:58:58 AM
 #10758

I converted 25 bitcoins to iota last week, without any problem at bitfinex, i got them in my desktop wallet, my first thoughts, if this lives up to promises it will be huge. now ecosystem is no good, but i believe it will improve, the wallet and transfers not functioning very well at the moment, but i guess there is a turn everything will take a leap soon.

Now, i transferred 114gis to another wallet, but my remaining 10 gi, two days passed, still pending, but no panic, it is not there, but i want to believe it will get there eventually, that is the reason i put a good amount in this.
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August 29, 2017, 10:06:21 AM
 #10759

Finally, out.
Opportunity cost is too great, other alts have been on a terror, IOTA has done diddly.
Plus the Bitfinex drama, not waiting for another exchange.

Thanks for the ride - bye.

EDIT:  Feel free to buy.  Having sold, it will probably moon. GL to all!
Bitfinex managed to substract one of my withdrawals from ballance, without ever popping up inside Tangle explorer. Not a big mess, but happened.
Done all transitions by now, and recognized that missing amount during the procedure.

I agree upon needing more exchanges. At least one serving U.S. customers would be nice.
Totally disagreeing upon giving up that early.
tasbin
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August 29, 2017, 12:21:36 PM
 #10760

I have tried the android application available on the playstore. it is a joke in term of security.
Some users even complain about missing tokens with a balance equal to zero, quite the lottery.

I will not put anything more than 10 bucks on it until it is more secure.

The wallet works fine. Used it for some ping pong transaction between it and the desktop client. It now has a simple password logging system so the seed only has to be entered once.

It is always newbie accounts with less than 10 messages FUDding , a lot of jealousy around I guess. Byteballers are angry people.
First,  I did not mention that the application behave strangely for me but you can read the comments below the application section on playstore.
You cannot imagine that I forged them with multiple accounts right?

Second, from a security perspective, for example, there is just no password policy at all.
You can creat very weak password (like single space) to protect your wallet for example.
If you reply that is up to you to decide the complexity and lenght of password, then it is a dead discussion with a newbie that I will not follow.


That is just one amongst other discovered flaws after 10 minutes of playing with it with no tool.

Also I am working in IT security but hey see the reality... i have just less than 1k messages in your forum, so I am probably wrong right ?
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