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Author Topic: IOTA  (Read 1471701 times)
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jojoledemago
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February 15, 2018, 01:02:03 AM
 #13761

Thank you tyKiwanuka ! I'm on it !
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FreeHamster
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February 15, 2018, 01:12:28 AM
 #13762

Sincerely I hope IOTA does well but the fact their light wallet doesn't even have a seed generator boggles me.

EGEM an exciting community driven project based on Ethereum network. Find out more at discord.egem.io or egem.io
tyKiwanuka
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February 15, 2018, 01:53:10 AM
 #13763

Sincerely I hope IOTA does well but the fact their light wallet doesn't even have a seed generator boggles me.

If that is your only concern, IOTA is good to go Roll Eyes

.....wie die Zeit fliegt.....
tuanavu
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February 15, 2018, 02:17:14 AM
 #13764

few month ago i get into IOTA but i left because my wallet is hacked and i find out  this 2 seeds get into same wallet.....you guy can check if you want too..today i check again after 3 months the wallet still not fixed..

OTA SEED 1

QWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQ WE


IOTA SEED 2

QWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQ WW

last transaction all same
01/02/2018 08:44
PRETPIHNFQFYT9PMZMWWWIDQQJEYZEDIGSCBZU9CVYVIEEBLIN9ASQICLZLPDFFSBZABI9EEADMWCDX FDIVZTFNWLD

last character Seed 1 is E
last character Seed 2 is W
Come-from-Beyond (OP)
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February 15, 2018, 07:26:56 AM
 #13765

few month ago i get into IOTA but i left because my wallet is hacked and i find out  this 2 seeds get into same wallet.....you guy can check if you want too..today i check again after 3 months the wallet still not fixed..

OTA SEED 1

QWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQ WE


IOTA SEED 2

QWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQWERTYUIOPASDFGHJKLZXCVBNMQ WW

last transaction all same
01/02/2018 08:44
PRETPIHNFQFYT9PMZMWWWIDQQJEYZEDIGSCBZU9CVYVIEEBLIN9ASQICLZLPDFFSBZABI9EEADMWCDX FDIVZTFNWLD

last character Seed 1 is E
last character Seed 2 is W


That's because they are different only in the last trit. This is how it's supposed to work, there must be the 3rd seed leading to the same wallet.
zidane
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February 16, 2018, 09:58:27 AM
 #13766

Some questions. I wanted to invest some more money into IOTA and just forget about it.
If I store them on a Wallet can I let it untouched for 2 years or need I to do something after the snapshots?

Which wallet is the most user friendly untill now?
codemanX
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February 16, 2018, 10:25:39 AM
 #13767

Some questions. I wanted to invest some more money into IOTA and just forget about it.
If I store them on a Wallet can I let it untouched for 2 years or need I to do something after the snapshots?

Which wallet is the most user friendly untill now?

In this case it isn't a really good idea to forget about it two years, in the past it was already necessary to update the wallet until a specific date. If you invest in IOTA you should follow this topic or check at least every month.
I just know the official wallet.
tyKiwanuka
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February 16, 2018, 10:27:18 AM
 #13768

Some questions. I wanted to invest some more money into IOTA and just forget about it.
If I store them on a Wallet can I let it untouched for 2 years or need I to do something after the snapshots?

Which wallet is the most user friendly untill now?

For the wallet: https://github.com/iotaledger/wallet/releases
Trinity wallet will be much more user friendly, but it hasn't been released yet.

For that first question: You don't have to do anything after a snapshot. The first time you enter your wallet after a snapshot, your balance will show zero though. But you can just track your balance via the explorer and don't have to log into the wallet. It's no necessity to see your balance in your wallet for your IOTA to be safe in the Tangle.
Leaving your IOTA untouched for 2 years and not following the development AT ALL can be dangerous I think. Since IOTA is still under heavy development and nowhere near the final design, there might come a time, when you have to take action.

Maybe CfB can give some better answer Wink

.....wie die Zeit fliegt.....
zidane
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February 16, 2018, 10:41:02 AM
 #13769

Some questions. I wanted to invest some more money into IOTA and just forget about it.
If I store them on a Wallet can I let it untouched for 2 years or need I to do something after the snapshots?

Which wallet is the most user friendly untill now?

For the wallet: https://github.com/iotaledger/wallet/releases
Trinity wallet will be much more user friendly, but it hasn't been released yet.

For that first question: You don't have to do anything after a snapshot. The first time you enter your wallet after a snapshot, your balance will show zero though. But you can just track your balance via the explorer and don't have to log into the wallet. It's no necessity to see your balance in your wallet for your IOTA to be safe in the Tangle.
Leaving your IOTA untouched for 2 years and not following the development AT ALL can be dangerous I think. Since IOTA is still under heavy development and nowhere near the final design, there might come a time, when you have to take action.

Maybe CfB can give some better answer Wink

But for me as long time investor i dont wanna look monthly for News on devolopment. I just wanna give money and take more out in 2 years.
tyKiwanuka
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February 16, 2018, 10:47:46 AM
 #13770

But for me as long time investor i dont wanna look monthly for News on devolopment. I just wanna give money and take more out in 2 years.

Then you're better of investing your money in some other project, where you don't have to check once a month for important updates to make money.

.....wie die Zeit fliegt.....
blockchaincroatia23
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February 16, 2018, 07:14:01 PM
 #13771

Hello all! I am new in crypto world and I make few moves...I bought IOTA on bitfinex. Is it safe to store it on that exchange longterm?
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February 16, 2018, 08:39:12 PM
 #13772

Hello all! I am new in crypto world and I make few moves...I bought IOTA on bitfinex. Is it safe to store it on that exchange longterm?

No, it generally isn't a good behaviour to store any crypto currency on an exchange. If the exchange got hacked or fails in any way your cryptos are gone. So move them to a local or paper wallet. Be your own bank  Wink
jnet1.co
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February 16, 2018, 09:08:25 PM
 #13773

Hi all.
Which wallet do you guys use and which one is stable to use where the IOTA coins wont disappear from it?
I read a lost about peopled having issues with the wallets for IOTA.
Thanks!
tyz
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February 16, 2018, 09:19:22 PM
 #13774

Hi all.
Which wallet do you guys use and which one is stable to use where the IOTA coins wont disappear from it?
I read a lost about peopled having issues with the wallets for IOTA.
Thanks!

There is currently only one IOTA wallet which is usable and it is provided by IOTA dev team https://github.com/iotaledger/wallet/releases
The most complaints and issues users reported where related to a snapshot and a kind of hard fork last Autumn. They were literally not related to the wallet itself. Nevertheless, the wallet along with IOTA itself is still in early beta stage (or even still in alpha). If you want to have a fully stable wallet, wait until Trinity wallet was released.
cryptiota88
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February 16, 2018, 09:56:10 PM
Merited by STT (1)
 #13775

I really don't understand why IOTA jump and fall with Bitcoin so parallel...When Bitcoin rise, IOTA rise, when Bitcoin goes down, IOTA goes down. Can somebody explain this for me? These are two complete different projects and in my opinion, IOTA has tons of great news. But i don't see any special jump of IOTA in the last weeks, only when the whole crypto market jumps high.

Would love when we would see the potential of IOTA finally in its price Smiley
blockchaincroatia23
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February 16, 2018, 09:57:34 PM
 #13776

Hi all.
Which wallet do you guys use and which one is stable to use where the IOTA coins wont disappear from it?
I read a lost about peopled having issues with the wallets for IOTA.
Thanks!

There is currently only one IOTA wallet which is usable and it is provided by IOTA dev team https://github.com/iotaledger/wallet/releases
The most complaints and issues users reported where related to a snapshot and a kind of hard fork last Autumn. They were literally not related to the wallet itself. Nevertheless, the wallet along with IOTA itself is still in early beta stage (or even still in alpha). If you want to have a fully stable wallet, wait until Trinity wallet was released.

So we are sure with that IOTA wallet for now?
mr.quackquack
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February 17, 2018, 02:10:06 PM
 #13777

Ok so i didn't sign into my iota wallet on android because the wallet sucks a big dick. so none the less i want to invest again in this magical futuristic company i sign in it into my funky little wallet and a big fat zero where tf is my money? HELP!!!
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February 17, 2018, 02:21:04 PM
 #13778

I remember I sold 5 million iota for 50 btc. Was really happy. Don't know if I get a prize for being dumbest human Cheesy

To be fair to my self though, 50 btc was a big amount to me, and I expected to buy the 5 million iota back after it goes to an exchange for a lower price. So in my mind I was thinking I could save 20 btc by doing that,  Grin Grin Grin Grin .

If I didn't do that I could have made thousands of btc.

Eheheheh
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February 17, 2018, 02:25:21 PM
Merited by BitcoinArsenal (1)
 #13779

I really don't understand why IOTA jump and fall with Bitcoin so parallel...When Bitcoin rise, IOTA rise, when Bitcoin goes down, IOTA goes down. Can somebody explain this for me? These are two complete different projects and in my opinion, IOTA has tons of great news. But i don't see any special jump of IOTA in the last weeks, only when the whole crypto market jumps high.

Would love when we would see the potential of IOTA finally in its price Smiley

Its a similar dynamic for all kinds of alt coins across crypto even when some of them are more capable and possibly with greater growth potential then the original crypto currency Bitcoin.   Its because I think alot of alt coins receive purchase in bitcoin not cash, yes there is a link to cash for alot of coins but maybe the main pathway is Bitcoin itself.    

So the price of Bitcoin sets the gold standard for the value of all other crypto to some extent.   Maybe it shouldnt be that way but as the original and longest standing blockchain it has the widest path to dollars.
Of course you dont have measure success against Dollars anyhow, that in itself is a failing standard from 60 years or so ago.   Its broken a long time now, its only stlll there at the centre of global trade because of politics   I'm sure I remember some famous phrase, if you only measure your progress by the competition you will never really succeed.    I hope to see many crypto standards surpass Dollar for integrity and worth to its users.

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..PLAY NOW..
cryptiota88
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February 17, 2018, 08:34:52 PM
 #13780

I really don't understand why IOTA jump and fall with Bitcoin so parallel...When Bitcoin rise, IOTA rise, when Bitcoin goes down, IOTA goes down. Can somebody explain this for me? These are two complete different projects and in my opinion, IOTA has tons of great news. But i don't see any special jump of IOTA in the last weeks, only when the whole crypto market jumps high.

Would love when we would see the potential of IOTA finally in its price Smiley

Its a similar dynamic for all kinds of alt coins across crypto even when some of them are more capable and possibly with greater growth potential then the original crypto currency Bitcoin.   Its because I think alot of alt coins receive purchase in bitcoin not cash, yes there is a link to cash for alot of coins but maybe the main pathway is Bitcoin itself.    

So the price of Bitcoin sets the gold standard for the value of all other crypto to some extent.   Maybe it shouldnt be that way but as the original and longest standing blockchain it has the widest path to dollars.
Of course you dont have measure success against Dollars anyhow, that in itself is a failing standard from 60 years or so ago.   Its broken a long time now, its only stlll there at the centre of global trade because of politics   I'm sure I remember some famous phrase, if you only measure your progress by the competition you will never really succeed.    I hope to see many crypto standards surpass Dollar for integrity and worth to its users.

Many thanks for that detailed answer Smiley
I Hope that in the future IOTA will break through this relationship and show it's real value Smiley
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