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Author Topic: IOTA  (Read 1361254 times)
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Wekkel
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December 19, 2017, 07:01:38 PM
Last edit: December 19, 2017, 08:24:52 PM by Wekkel
 #13121

I consider it very friendly for IOTA towards a partner like Bosch to leak a buy-strategy of your partner to the Internet, so your partner can buy at higher prices after the crowd has already jumped in. Is that decent or am I missing something?

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Anon136
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December 19, 2017, 07:25:04 PM
 #13122

Holy moly! If investors realize what this mean, the price will go up to new highs.
This is the first news / press release I have read where a big company confirmed to directly invest to buy crypto tokens.


Is this why price is spiking at the moment?
Again above 4.5 usd
Or just big whales manipulating market Sad

An iota whale can only really bring the price down. You would need a fiat or BTC whale to manipulate the price upwards.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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December 19, 2017, 07:34:14 PM
 #13123

Hello! I saw a lot where this monte is advertised! Is it just marketing? or is there a strong idea behind this project and the team? How do you think it's worth to buy it for a long time?
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December 19, 2017, 08:09:34 PM
 #13124

Brace for more fud as Iota approaches Litecoin
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December 19, 2017, 08:16:43 PM
 #13125

An answer to that?

I have a question regarding string to trytes conversion. Either I have a mistake or the Python library provided by IOTA has a bug. I suspect the first applies.

I want to calculate the trytes of string "IOTA" and used iota.lib.py library to do it programmatically. I received SBYBCCKB.

Then I did it manually. First I take the ASCII numbers of the letters.

I = 73
O = 79
T = 84
A = 65

Then I apply the trinary based mathmatic formula to meet the numbers

I = 73 = (1*30)+(0*31)+(-1*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 1 0 -1 0 1 0. According to the IOTA alphabet it is SC

O = 79 = (1*30)+(-1*31)+(0*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 1 -1 0 0 1 0. According to the IOTA alphabet it is YC

T = 84 = (0*30)+(1*31)+(0*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 0 1 0 0 1 0. According to the IOTA alphabet it is CC

A = 65 = (-1*30)+(1*31)+(1*32)+(-1*33)+(1*34)+(0*35)
Thus trytes are -1 1 1 -1 1 0. According to the IOTA alphabet it is KB

Hence my calculation gives SCYCCCKB whereas the python library gives SBYBCCKB (red colored parts differ)

To complete the information I use the IOTA alphabet which starts
 0 0 0 = 9
 1 0 0 = A
-1 1 0 = B
 0 1 0 = C
...

Where is the mistake, or is it just an error of reasoning?
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December 19, 2017, 08:27:41 PM
 #13126

BUY HODL.... and chose your LAMBO colour in 2018 Q4 Cheesy

I think you meant later this afternoon.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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December 19, 2017, 08:30:49 PM
 #13127

I consider it very friendly for IOTA towards a partner like Bosch to leak a buy-strategy of your partner to the Internet, so your partner can buy at higher prices after the crowd has already jumped in. Is that decent or am I missing something?

Bosch bought already before they are not stupid Smiley
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December 19, 2017, 08:43:17 PM
 #13128

I guess in the next weeks you will hear similar announcements from VW, Microsoft, Cisco and many more... Hodl your Tokens!
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December 19, 2017, 08:43:43 PM
 #13129

Do you guys think there will be some kind of correction soon? The growth is ridiculous. A month ago the price for one iota was about 0.3 - 0.5 $ and now it is spiking already at 5,7$. This is crazy.

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December 19, 2017, 09:20:03 PM
 #13130

Do you guys think there will be some kind of correction soon? The growth is ridiculous. A month ago the price for one iota was about 0.3 - 0.5 $ and now it is spiking already at 5,7$. This is crazy.

Although the price has leapt, it will leap higher after this Btc correction.
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December 19, 2017, 10:12:41 PM
 #13131

IOTA promised and delivered when they announced that there will be a big news before Christmas. And if I got it right, there will be another one before the end of the year.

Excerpts from the press release:

Quote
Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has purchased a significant amount of IOTA tokens, one of the largest cryptocurrencies in the world.

Quote
RBVC (Robert Bosch Venture Capital) also intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners.

Quote
The investment in IOTA’s token, the first ever token investment of RBVC, will help us working closely with the IOTA Foundation to explore the industrialization of this exciting technology.”

Quote
“We have been working with the IOTA team for more than one year. I'm very excited about IOTA's innovative tangle technology, which could potentially become the standard underlying technology for trustless machine to machine communication, security and payment in the IoT space”,  said Dr. Hongquan Jiang.

This is really amazing. The company probably bought when all the weak hands sold over the last days. I expect other companies will follow the step of Bosch in the near future. If you dive a little bit deeper into the tech you realize how amazing it is.

By the way, the new wallet, formerly called UCL, was renamed into Trinity. Can't await to meet you, Trinity  Grin
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December 19, 2017, 11:06:56 PM
 #13132

When I heard that Bosch were investing in IOTA I thought "Does this mean I'll be able to buy my card parts with IOTA" , saddly no, wrong Bosch Smiley

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December 19, 2017, 11:52:30 PM
 #13133

so the Bosch news is real Smiley my miotas are flying to 10$ tonight!

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December 20, 2017, 06:23:08 AM
 #13134

Do you guys think there will be some kind of correction soon? The growth is ridiculous. A month ago the price for one iota was about 0.3 - 0.5 $ and now it is spiking already at 5,7$. This is crazy.

I think it has already corrected to around $3 and if any good news comes out then it will high not low.
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December 20, 2017, 08:59:40 AM
 #13135

Does anybody tried their new wallet? Does the leak of iota from wallet stopped?

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December 20, 2017, 09:39:51 AM
 #13136

I guess in the next weeks you will hear similar announcements from VW, Microsoft, Cisco and many more... Hodl your Tokens!

It's hard to overstate the potential corporate interest in this project. It could be multiple orders of magnitude greater that the likes of Ripple. In fact it's pointless making comparisons with other cryptos. Iota is out there on its own, something unique that in a few years will be touching all our lives. 
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December 20, 2017, 10:09:34 AM
 #13137

I’m still waiting on the announcement where devs say they paid user back the tokens they took from them.

When can we expect that news? Then you’ll see a price correction:-)
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December 20, 2017, 10:18:01 AM
 #13138

Does anybody tried their new wallet? Does the leak of iota from wallet stopped?

Leak of iota? How does that look?
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December 20, 2017, 10:19:08 AM
 #13139

the real game/value of IOTA will come once the wallet begins to work flawlessly and transactions getting confirmed in seconds without any issue, by that time $10/iota would become dream :-)

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December 20, 2017, 10:28:21 AM
 #13140

I would like to invest something in IOTA for middle and long term investment, but i dont know if this is a good time for enter. Currently i see a very high price and mybe is not a good time to buy. I would like to knoiw your opinion about this. What are the price prediction, if there is something about, for IOTA?

Thanks a lot


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