IOTA

[djpitagora]

Can someone tell me why this token does not have as much clout as bitcoin? From everything I have read the DAG is better than blockchain.

because it has significant risks for now, that bitcoin doesn't
- iota is still centralized working with a coordinator. Until we see it work without, we don't event have a proof of concept
- wealth is currently in hands of very few people. Iota was poorly distributed which may create liquidity problems later
- there are unresolved technical problems - see transactions hanging for days, balances that need to be recovered routinely, etc
- there was big snafu on the technical side where they decided to roll their own encryption algo, which in the security/technical world is a capital sin. A lot of credibility was lost with this

[oleksii777]

Hello everybody. How do you think the growth of the coin is a temporary phenomenon? Or were there any news that the coin so went up ??

[narrrf]

Hello everybody. How do you think the growth of the coin is a temporary phenomenon? Or were there any news that the coin so went up ??

https://www.nytimes.com/reuters/2017/11/28/technology/28reuters-blockchain-iota-cisco.html?smid=fb-share

...

https://blog.iota.org/iota-data-marketplace-cb6be463ac7f

[pifagor2]

Guys, you think this is not the time to invest in IOTA anymore?

I am really interested in investing into this technology. I just don't know if it is the right time. Will it fall or will it go up now?

Depend on timeframe u want to take profit. For next hour it is not good entry point. For next mounth - it is.

[Vladdirescu87]

Decentralised Cryptocurrency is Dead, but There is a Hope - IOTA

Blockchain is turning from something revolutionary to just another model of the same old, rotten system. If your thought that bitcoin would democratise the financial order and will cut out the middlemen, think again.

It’s not about the technology you are using: blockchain, tangle, 2x blocks, smart contracts, segwits, lightning networks, Schnorr or whatever the nerds will come up with. A problem can be solved in different ways.

The issue is more profound. Satoshi’s original vision is flawed.

Centralisation makes cryptocurrency obsolete

If you have a very few individuals that control the destiny of a coin, what makes it different from the current monetary system? You replace the central banks with central miners. So why bother?

The dream is dead

The power that was handed over to the miners is the same that destroyed the idea of a decentralised cryptocurrency. The dream is dead. Any coin that manages to become a leader in the cryptospace will face the same problem, unless it gets rid of the miners.

There is hope

No one should be above the system or have another motivation apart of being part of it. There shouldn’t be any difference between miners and users. Every member of the whole should be equal. It can be done if you go to the root of the issue and remove the financial rewards of running the network. No rewards = no inequality. No inequality = no centralisation.

Read the full article: https://coinidol.com/decentralised-cryptocurrency-is-dead/

[kobo_eth]

Guys, you think this is not the time to invest in IOTA anymore?

I am really interested in investing into this technology. I just don't know if it is the right time. Will it fall or will it go up now?

Depend on timeframe u want to take profit. For next hour it is not good entry point. For next mounth - it is.

Guys, look at it logically, yes there are big news around IOTA, but but but, we must not forget the wild ride bitcoin (and its family) is doing at the moment. It is rising like crazy with hundreds of dollars per day. You can also look at the second alt - ETH, it is also rising like crazy at the moment. So it is logical that most of the top alts (including IOTA) rise at the moment. It seems like an uptrend, so I am not sure if this is the right moment to invest or not.

[KeenHero]

when ppl realize that IOTA is the better ether and even the better Bitcoin! fly!

[e4f4]

Decentralised Cryptocurrency is Dead, but There is a Hope - IOTA

Blockchain is turning from something revolutionary to just another model of the same old, rotten system. If your thought that bitcoin would democratise the financial order and will cut out the middlemen, think again.

It’s not about the technology you are using: blockchain, tangle, 2x blocks, smart contracts, segwits, lightning networks, Schnorr or whatever the nerds will come up with. A problem can be solved in different ways.

The issue is more profound. Satoshi’s original vision is flawed.

Centralisation makes cryptocurrency obsolete

If you have a very few individuals that control the destiny of a coin, what makes it different from the current monetary system? You replace the central banks with central miners. So why bother?

The dream is dead

The power that was handed over to the miners is the same that destroyed the idea of a decentralised cryptocurrency. The dream is dead. Any coin that manages to become a leader in the cryptospace will face the same problem, unless it gets rid of the miners.

There is hope

No one should be above the system or have another motivation apart of being part of it. There shouldn’t be any difference between miners and users. Every member of the whole should be equal. It can be done if you go to the root of the issue and remove the financial rewards of running the network. No rewards = no inequality. No inequality = no centralisation.

Read the full article: https://coinidol.com/decentralised-cryptocurrency-is-dead/

Thank you for that.
Learned a lot just by reading through IOTA pages here on forum.

[FDM75]

here: Bitfinex; Binance; OKex
https://iotaprices.com/

Thanks! 

[LEILO]

Zero fees------$100 --2018 and moon. Maybe catch up to btc...

[gmotta0386]

Guys, you think this is not the time to invest in IOTA anymore?

I am really interested in investing into this technology. I just don't know if it is the right time. Will it fall or will it go up now?

Stronger than ever..... It just broke it's all time high, and lot of good news, partnerships with establishes companies, microsoft, bosch, etc. Soon, they'll release a new wallet. It's a BUY and long term hold.

[Wekkel]

All nice and good but meanwhile I am staring at a blank screen on my Android phone because it cannot connect to the network.

Bitcoin on the other hand: no problemo. Even while BeeCash or other villains at spamming the mempool. This is not meant to talk IOTA down but it sure isn’t free of alpha problems.

[mikesal3731]

Can someone tell me why this token does not have as much clout as bitcoin? From everything I have read the DAG is better than blockchain.

because it has significant risks for now, that bitcoin doesn't
- iota is still centralized working with a coordinator. Until we see it work without, we don't event have a proof of concept
- wealth is currently in hands of very few people. Iota was poorly distributed which may create liquidity problems later
- there are unresolved technical problems - see transactions hanging for days, balances that need to be recovered routinely, etc
- there was big snafu on the technical side where they decided to roll their own encryption algo, which in the security/technical world is a capital sin. A lot of credibility was lost with this

Excellent points.  Lots of excited hype out there but you should still view IOTA through a rational prism.

[derickonfire]

Guys, you think this is not the time to invest in IOTA anymore?

I am really interested in investing into this technology. I just don't know if it is the right time. Will it fall or will it go up now?

Reading through 50 pages back i saw people are speculating - 50$. No time frame. Long term hold.

That would put us at a market cap over Bitcoin!

Not saying it isn't possible - lots and lots more money will be coming to crypto next year....

But I'd be happy with $5, then $10 first =)

[felixando]

Zero fees------$100 --2018 and moon. Maybe catch up to btc...

Let us remember that it takes time for adoption, just because its superior does not mean it will be adopted instantly, time will pay off on this trade. Buy and forget for 2+ years.

[futurebitcoins]

Zero fees------$100 --2018 and moon. Maybe catch up to btc...

Let us remember that it takes time for adoption, just because its superior does not mean it will be adopted instantly, time will pay off on this trade. Buy and forget for 2+ years.

I bought IOTA before releasing to any exchange and still holding on those gold coins. Yes, in 2 years time if it reaches to $30 I can make lot of money from it.

[KeenHero]

till end of the year 2018 it will be at 50usd

[oleksii777]

I doubt of course that the coin will be worth $ 50. It's only time will tell. While you need to buy a coin and watch it!

------------

till end of the year 2018 it will be at 50usd

[arwani1985]

Iota occupies rank 8 in coinmarketcap
and the price is quite high

[gmotta0386]

Does anyone know why we still see IOTA's transactions per second at 1.2 aprrox. on the tangle explorer? I though it should be faster.