IOTA

[Come-from-Beyond]

Why are you censoring real information? What are you afraid of?

I'm just removing your link to an article which rehashes old FUD. If you want to play a concern troll role then do it in a non-moderated IOTA thread or create one.

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[DashingAgent]

Ripple has surpasses the iota, it was the time when xrp was around 0.21 cents and iota was around $5, iota uses a tangle based technology which does not require to be mined by miners.

on a certain group there is a big hype on iota, can someone write what is the phenomenon of this project? Is he better than traditional pow / pos coins?  

[tyz]

on a certain group there is a big hype on iota, can someone write what is the phenomenon of this project? Is he better than traditional pow / pos coins? 

A good recent summary of what happens around IOTA. No technical details, for that there are other good articles available.
https://medium.com/@iotasuppoter/iota-the-bigger-picture-eb7092835dfc

[Jacky_Chan]

on a certain group there is a big hype on iota, can someone write what is the phenomenon of this project? Is he better than traditional pow / pos coins? 

This is the bottom line - https://www.reddit.com/r/Iota/comments/7f3dmx/list_of_known_iota_partnerships_corporate/

[Come-from-Beyond]

it's not FUD if it's an article from forbes. It's one of the most reputable sources.

You confuse Forbes articles verified by the editor with articles posted by freelancer journalists on their site to earn money via ads.

[Wekkel]

Whatever it is, I am not investing in IOTA unless it goes below $1 again. Too much Alpha tech right now. I may revise my stance if new software is released though.

[Aoliveira]

I think that in order for people to continue using this coin, all problems must be solved. In the long run, I believe in this coin and therefore invested in it.

[tyz]

Whatever it is, I am not investing in IOTA unless it goes below $1 again. Too much Alpha tech right now. I may revise my stance if new software is released though.

I understand your opinion on the one hand and disagree on the other hand.
I read many such posts when Ethereum hit $4-5. Many were certain about that after the DAO debacle the tech is not mature enough and the coin is completely overvalued. As we know today, they were wrong. IOTA is currently at a similar stage. Of course, there are still technical problems that the developers say themselves. But the enormous potential to be a game changer makes IOTA an investment.

[Wekkel]

My stance is personal and I am fully aware that the market may speak differently. That's my personal loss then (no one has to pity me for that).

[ui_zakharchenko]

obscure coins with no partners, with questionable usability, with like TWO PART TIME developers are raising from 0.002 cents into dollars value, while IOTA with at least 20 FULL TIME developers, many partners like BOSH or FUJISTSU, many possibilities for usage is for weeks now 40 % down from its ATH and seems to stay flat in the near future as well.
And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak, because look at Railblocks*** for example. How many markets does it have? and it is raising like bad weed. *** this is not a bad coin, just came in my mind as an example of a coin which is also hard to get, even harder than IOTA.

Don't get me wrong, I belive all the tousands of hours of all the people building IOTA will be paid off sooner or later (probably later :-)) I just hate it to see, how is IOTA undervaluated! :-(

Any comments, feelings?

[mariuschirita]

Guys, IOTA will soon get a lot in value. I think now is the right time to buy more and hold. I just bought $2.000 more IOTA and I am going to hold it no matter what. It is like a sleeping volcano waiting to burst. If you are planing to sell now, I will feel sorry about you later. 

https://blog.iota.org/iota-partners-with-itic-e83f228a11d9

[tyz]

New update of reclaiming processing from 06th January.

6th January status:

291 reclaims have been processed today, with total value of 175.541 Gi. The lowest transaction was of 322.7 Mi and the highest 1000 Mi.

Here's a list of transactions sent out today: https://pastebin.com/UQkjrSvt

So far, a total of 911 reclaims have been processed, with a combined value of 227.42 Gi.

Source: https://forum.helloiota.com/1242/Reclaim-Status

[fukushima23]

market cap of all cryptos together (right now) :  $811.241.492.044
market cap of  Apple (right now) :  $ 898.500.000.000

Is easy to think that cryptos are already huge, but reality is that it still have a loooooooooot to grow. I dont know if it will happen in two months or two years, but a  a enormous increase in  cryptos  global market is something really plausible.
I also think that  IOTA has one of the best projects and most solid teams. It will have a heavy increase in the short-middle term and a huuuuuuuuge increase in the long term.
I see people in Africa, in two-three years, changing his old alcatels by smartphones and watching youtube, then discovering criptocurrency. A mass of teenagers investing, wanting to be like rap-millonaires and a mass of people wanting to make microtransactions without fees.
So...dont wait, buy as much iotas as you can now that still is cheap, forget it by two-three years and see what happen.

[codezero]

And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak

I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell.  Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ?

IOTA was already a TOP5 coin before and it will be again 

[that1guywithpants]

And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak

I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell.  Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ?

IOTA was already a TOP5 coin before and it will be again 

What exchange can you buy IOTA in USA?

[btcbuyer555]

Greetings,

My original address held 720Mi:
https://thetangle.org/address/NEXCTQHWTVMYC9VCHUMP9BCQEPUVGNTVTPABIREXRQKSXWEPXRYESOKXGOBZRVQEPMKGZJZVHVMVS99VQ

After the reclaim, my new address became this:
https://thetangle.org/transaction/OYEZUVAUTVVARFNRADKGUTDWYHWDV9YUORVWPRMG9W9GGVBPB9HJFSDPDSCJCUOPPE9IGNFIQKTKZ9999

IOTA foundation paid 720i (instead of 720MI) during the first day, December 30, 2017

I sent emails to IOTA support, David and Dominic mentioning the discrepancy, but received no response. Also, the new address is not mentioned here:
https://pastebin.com/a2fuNfHL
https://pastebin.com/UQkjrSvt

So I am not sure what to do next. Can you advise how to proceed? Thanks.

[djpitagora]

And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak

I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell.  Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ?

IOTA was already a TOP5 coin before and it will be again 

high usd value? BTC is at 17000 and it's still rising. That's a high value. 3.99 as MIOTA is now seems dirt cheap psychologically.

[watertimber]

And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak

I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell.  Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ?

IOTA was already a TOP5 coin before and it will be again 

high usd value? BTC is at 17000 and it's still rising. That's a high value. 3.99 as MIOTA is now seems dirt cheap psychologically.

I think this also depends on the supply?
IOTA supply is 2.7 billion. So $3.99 already makes it top 10 coin.

I'm also wondering why IOTA didn't increase a lot in recent days. Compared with one month ago (~$5), price even decreases a lot.

Anyone can try to help explain this? Actually I'm considering investing on IOTA.

[revelacaogr]

Official IOTA Foundation Response to the Digital Currency Initiative at the MIT Media Lab 

https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2

The IOTA Foundation was established in Germany in 2017 to support the development of the IOTA platform and related technologies. The aim of the foundation has always been to operate in a collaborative manner with other parties. Over the last few months, however, the IOTA platform has been the subject of ongoing criticism by the Digital Currency Initiative (DCI) team at the MIT Media Lab. This document serves as the IOTA Foundation’s official and comprehensive response to these criticisms.
Editor’s Note:
All of the information and links contained in this multi-part document were publicly available prior to publication. None of the information contained herein is new or revelatory.
This is a collective effort by many members of the IOTA Foundation and IOTA Core team. The purpose of this aggregation is to add color and context to these complicated and multi-faceted issues, so that the entire Distributed Ledger Technology (DLT) community can decide the relevance of this information for themselves......



IOTA was introduced in Mrs. Peng's speech in Huawei NB-IoT Partner Annual Meeting.

https://twitter.com/xiongzm/status/949998536392757248


https://mp.weixin.qq.com/s?__biz=MjM5MTM5ODQyMA==&mid=2651201312&idx=1&sn=187b42976da9bf688dcdc35401029701&chksm=bd44905b8a33194d459a41c8303fcb1b464465180e31798842d6403fa4bc17cdd718139c974b&mpshare=1&scene=1&srcid=0107eimmEDiII9BmZudv9ocZ&pass_ticket=kP4pPGQtVq%2FMzvlFj2QwXW44eht7cjUdPu%2BWt1Uvhmw%3D#rd


.....4. Internet chain
 
Regardless of whether you are aware or not, the scene I describe is now approaching: in the case of all things interconnected, all our physical equipment, material assets are digitized, and it is liquid, it has a digital identity, it has a sensor , So each machine has its own IP address, ID, and the machine uses its own bank account and wallet, and the machine can automatically complete a financial transaction with another machine.
 
But the transaction cost of bitcoin is very expensive, if you buy a cup of coffee with bitcoin may not be worth, because the transaction costs more expensive than the coffee itself. If trade friction costs so much, interoperability between machines, or micro-transactions between IoT devices, is almost impossible . IOTA is to solve this problem, specifically for the Internet of things born "blockchain" technology.
 
IOTA is currently the fourth largest cryptocurrency in the world. It is worth noting that IOTA uses an interesting distributed ledger technology to decentralize it. Unlike the standard blockchain technology used by most companies, the IOTA method is Tangle. DAG (Directed Acyclic Graph) structure, although it is a blockchain, in fact, it has neither block nor chain.
 
IOTA has improved the block chain must pay the fee to the miner's design, the person who issued the transaction does not need to pay the transaction fee. This zero-transaction fee design, especially for the future era of Internet data exchange, build the future era of machine economy. IOTA cleverly reached through tangles (Tangle) has not been able to achieve the blockchain zero transaction fee service.
 
At the end of November 2017, the IOTA Foundation has partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly available data market for the Internet of Things. This work is particularly intriguing where the market is fully supported by the IOTA distributed ledger. IOTA cryptocurrencies with the same name can be used for circulation in IoT products worldwide......

[Jacky_Chan]

Everyone should read this IOTA’s more detailed response to MIT DCI. It is very interesting and revealing - https://blog.iota.org/official-iota-foundation-response-to-the-digital-currency-initiative-at-the-mit-media-lab-part-1-72434583a2