IOTA - Unmoderated thread

[altcoinUK]

No, as you can see NSA does not think otherwise. In fact NSA was not talking at all about what I have pointed out - they aren't talking about the business viability of a start-up which develops quantum resistant technology. I was talking about that a quantum resistant, alternative crypto currency (WTF) is not a viable business proposition for a start-up in 2016.

Interesting argument, the fact that the NSA changes to quantum secure algos makes a startup developing quantum secure algos... unviable...

and Bitcoin is viable because it's vulnerable to quantum computers...?
https://bitcoinmagazine.com/articles/bitcoin-is-not-quantum-safe-and-how-we-can-fix-1375242150

You are keep talking about different things what I said, what NSA says and what the IOTA scammers do. It seems none of those matters for you.

1) What I said was, I talked about the business viability of a quantum resistant alternative crypto currency start-up and sorry, I refuse to explain further why the business viability of such start-up is zero. Contact a technology VC or angel investor, tell them you have a business plan that monetizes quantum resistant alternative crypto currency and then you will see their face and the reaction about the viability of your business plan.

2) NSA doesn't talk about the viability of a quantum resistant alternative crypto currency start-up. NSA simply points out the fact that quantum computers will make ECC and RSA PPK cryptography vulnerable at some point in the future and yes, quantum resistant cryptography will be required at some point in the future.  

3) Most importantly, despite what you say, the start-up of the IOTA scammers does not develop "quantum secure algos". No, they try to P&D a quantum resistant alternative crypto currency which uses quantum secure algos. (Note, even if they would develop a  "quantum secure algos" that would make no difference terms of business viability) Very nice wrapping of a scam so the cheerleaders, shills and idiots can go around and hype the coin. What is the value of such quantum resistant alternative crypto currency outside of this scam driven microcosmos? Absolutely zero.

As for Bitcoin, sensible VC investors as well as technology professionals understand how irrelevant at this stage the quantum resistance issue is. Therefore, they couldn't care less about the quantum resistance issue, but build all kind of businesses on the Bitcoin ecosystem. But again, even those Bitcoin start-ups are having difficulties with monetization.

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[albert_mt]

altcoinuk!! the majority disagree with you for a reason!!!

[achimsmile]

I talked about the business viability of a quantum resistant alternative crypto currency start-up and sorry, I refuse to explain further why the business viability of such start-up is zero.

You say it's not viable, but the 'why' doesn't make sense to me. Fair enough, it's your opinion.
500k USD have a different opinion than yours.

IOTA scammers does not develop "quantum secure algos". No, they try to P&D a quantum resistant alternative crypto currency which uses quantum secure algos.

"SaM - fast and simple cryptographic hash function for trinary-based hardware/software"
https://github.com/JinnLabs/SaM/blob/master/src/SaM.java

sensible VC investors as well as technology professionals understand how irrelevant at this stage the quantum resistance issue is.

they'll understand until their money is stolen  

[altcoinUK]

they'll understand until their money ist stolen  

That's a good point and yes, most of those start-ups fail as well.

[VultureFund]

Hey man, It's time to be little rational and stop the FUD.

Without offence intention, you are a confused idiot. But I still want to share points in common with you.

This is very simple, IOTA creation can be divided in 3 basic possibilites:

1. David and his team created IOTA for the main purpose of earning money by a P&D scheme. IOTA concept would only be the "excuse" to pump the coin and earn thousands of BTCs. This would mean that most of the ICO would be auto-buy by David and 90% of IOTA related is fake. (YOUR OPINION)

2. David and his team created IOTA as an experimental token that could be useful for IOT, with the aim of adding knowledge in the crypto-world and at the same time collecting some $ for the company they work for (Triangle). David would be conscious that IOTA could be used for a P&D scheme, but this wasn't his intention. (MY OPINION)

3. David and his team created IOTA with a BIG plan behind and they still didn't tell us, to IOTA be used on real IOT and be valued in billion $$. (IOTA SHRIMPS OPINION)


Now, you can see that doesn't matter which option you take. The result is the same: IOTA flies hard to a +10M $ market cap. SIMPLY, BECAUSE IT'S A NEW OPTION IN CRYPTOLAND WITHOUT ANY DIRECT COMPETENCE.

As I said, I feel sorry for you. C'mon man, publish a donation adress, I need to ease my conscience.

[altcoinUK]

altcoinuk!! the majority disagree with you for a reason!!!

Disagree who? The shills, sockpuppets and "investors" disagree who really-really want to see their P&D works out and at the expense of naive/uninformed users which is the target audience of the P&D scam. Indeed the Belarusian attracts a large group of greedy individuals, "investors" and idiots. Also he promised the "investors" he will provide them with a handsome ROI. Predominantly those are who disagree with me. All sensible, honest and reasonable individuals with over IQ 80 understand that IOTA is a P&D scam.

As for the "reason", you remember what was the "reason" of rejecting my opinion about Moolah in 2014 in the Vericoin thread and IRC channel? The reason was that the cheerleaders, sockpuppets and shills thought the Moolah deal was game changer. Or more precisely they could market and P&D the coin with such game changer deal. I was disrupting the VRC P&D as well as I was interrupting the genius plan of the VRC devs with regards to collaborating with Moolah. I visited at the time to Moolah with my lawyer and then posted to VRC's IRC and thread what I understood about Moolah, Moolah is a pathetic scam, and the collaboration mustn't even considered. We contacted law enforcement and the game changer, innovative Ryan Kennedy is in prison now. The shills, sockpuppets and "investors" of IOTA argument is what a game changer and innovative solution they have. We heard that many times during a P&D operation.

Or the "reason" of why the shills, sockpuppets and "investors" of Bitbay disagreed with me in 2014 December? It was exactly same "reason" as the "reason" of the shills, sockpuppets and "investors" of IOTA: my unmoderated thread interrupted the scam and (together with barabbas' unmoderated thread) basically stopped the scam as Bob clashed with David in my thread. We contacted law enforcement and now the law enforcement handles the case. The organisers of the game changer, innovative, disruptive technology are subject of a law enforcement investigation, because it was a P&D scam and the game changer, innovative, disruptive technology existed only in the imagination and on the argument list of shills, sockpuppets and "investors".

The "reason" of the IOTA shills, sockpuppets and "investors" is clear: talk about innovative and disruptive technologies to realise as much profit via the P&D as they can. Regardless, of their "reason" blatant lies and P&D scams must stop and we need to let law enforcement handle such frauds - this is not a technology nor a business issue.

[altcoinUK]

altcoinuk!! the majority disagree with you for a reason!!!

Now, as you see above, pathetic fraudsters like this VultureFund - who by the way one page back yesterday said there is nothing wrong with defrauding naive and uninformed users, read it, you can see he posted that nothing wrong with fraud - try to push the message about the $10 million market cap. They are getting desperate, and they hope there are enough greedy and idiots on this forum to pull out a P&D by pushing the message of the $10 million market cap. Fortunately, he demonstrates here in this thread the mindset of IOTA "investors": hoping the 10 million market cap without having any real prospects of making any money with JINN nor with IOTA (they don't even have an IoT system nor they have the experience and capability to create one, and I don't even want to get into again how absurd their microprocessor idea is).

[martismartis]

altcoinUK, which coin is good for you and fits your vision (technology, primary distribution, not a scam, etc), if such exists?

[VultureFund]

altcoinuk!! the majority disagree with you for a reason!!!

Now, as you see above, pathetic fraudsters like this VultureFund - who by the way one page back yesterday said there is nothing wrong with defrauding naive and uninformed users, read it, you can see he posted that nothing wrong with fraud - try to push the message about the $10 million market cap. They are getting desperate, and they hope there are enough greedy and idiots on this forum to pull out a P&D by pushing the message of the $10 million market cap. Fortunately, he demonstrates here in this thread the mindset of IOTA "investors": hoping the 10 million market cap without having any real prospects of making any money with JINN nor with IOTA (they don't even have an IoT system nor they have the experience and capability to create one, and I don't even want to get into again how absurd their microprocessor idea is).

10M $ market cap for a: 0 inflation, 0 fees and ultra-fast transaction coin, to say some features of IOTA. This number looks terrible to you? Really? I think you should take a look at the top of coinmarketcap. You'll have a heart attack.

We can discuss if IOTA will be a game changer. We can discuss if this was a good planned P&D scheme. But you can't discuss that this coin is one or two steps above all other coins, when we talk about SIMPLICITY, EASE OF USE, FAST, AND CHEAP transactions. At the end, this is what everyone expects a currency to be.

Don't be confused, you are the only one here who is desesperate. WHY? Because IOTA GUI launches in a week and all your shit won't have sense then, because everyone will realize how cool is that.

And yes, there's nothing wrong with defrauding idiots, they don't deserve the money they have. But don't touch our IOTA baby, this has nothing to be with all that shit.

C'mon sheep, BUY etherum BUY, it's the next BTC!!

[altcoinUK]

altcoinUK, which coin is good for you and fits your vision (technology, primary distribution, not a scam, etc), if such exists?

Bitcoin, I have been supporting BTC for long, but lately you can read my reservations all over the place about Bitcoin, how government takes over Bitcoin, how Bitcoin enables totalitarian control over society, so yes, I admire the original social and economic experiment of Bitcoin, but IMHO Bitcoin will be totally fucked up once the inevitable regulations will be in place. BTC will be nothing more than the prefect, centralized financial information store of the government (see the Martin Armstrong thread for more info).

Ethereum, while I am not happy about the distribution model I admire and like Gavin Wood. He is a sensible and smart software developer. He is not scammer so I am happy to crowdfund his any projects. I am crowdfunding all kind of real world projects projects based on goodwill and to support innovation and supported Ethereum for the sake of technology.

Skycoin, IMHO the developer deserves crowdfunding. I could be wrong but I think he has a valid use case with his libertarian approach and his vision of mesh networking. He also have some idea about hardware level security (like those Atmel crypto chips and ARM trusted zone) which I am familiar so I am interested to see what he is doing. For many reasons decentralized mesh network will be a hot topic, so he could be very successful. He is definitely super smart. Please note, he has no more chance than 10% to succeed, but that is precisely 10% more than 99.9% of crypto coins have.

I am very pleased with the success of NEM and regardless of their distribution model (I don't even know what it is) I will support them. That's what crypto need: real world adoption and use cases. If they start some P&D scheme then I will stop supporting them.

That's all, other coins I supported before aren't happy with me so I started to buy their coins and support them LoL

[altcoinUK]

And yes, there's nothing wrong with defrauding idiots, they don't deserve the money they have. But don't touch our IOTA baby, this has nothing to be with all that shit.

Look, I don't mind you demonstrate what a fucking idiot you are as well as you demonstrate the mindset of IOTA investors to this thread, but please stop because the IOTA group will tell in no time that you are my sockpuppet account to post such opinion which is really embarrassing to IOTA LoL  

I fully understand you can't see that, but if a project has supporters like you are, then that project really don't need any enemies any more, the project will have enough problems to mitigate the outcome of your wonderful support.

[VultureFund]

And yes, there's nothing wrong with defrauding idiots, they don't deserve the money they have. But don't touch our IOTA baby, this has nothing to be with all that shit.

Look, I don't mind you demonstrate what a fucking idiot you are as well as project the mindset of IOTA investors to this thread, but please stop because the IOTA group will tell in no time that you are my sockpuppet account to post such opinion which is really embarrassing to IOTA LoL  

I fully understand you can't see that, but if a project has supporters like you are then that project really don't need any enemies any more, the project will have enough problem to mitigate the outcome of your wonderful support.

Just have to say WOW to you man. Now I fully understand why CfB stopped talking here.

Don't know if you're a complete narcissistic or you're simply an idiot that thinks he's the center of the universe.

There's no way to communicate with you man, you only take the part you're interested in and ignore all the rest. A total egocentric psychopath is what you are.

Just to prove my words one last time:

"And yes, there's nothing wrong with defrauding idiots, they don't deserve the money they have. But don't touch our IOTA baby, this has nothing to be with all that shit."

And what you "extract" from this, is that IOTA is a scam???

Man, I'm done with you. I admit it, I overestimated you and thought you were clever, but i made a mistake here.

I'm gonna ignore you forever and I invite everyone who reads this post to do the same. You're just a fucking miserable shit gold plated.

Bye.

[nexern]

wow!, personal vendetta driven scam accusation porn at it's best (perhaps some more here).

i am a little impressed by your skills altcoinUK, you are using a nice set of language programming technics
not seen everywhere like stereotyped repetition, discrediting by race, age or other characteristics, reply reforming,
context separation, reference nearing and other stuff but i am missing some specials you are hiding, or not?

so my question is, are you just talented, or trained on this?
(not a personal attack, i am just curious)

however, for all others just do your homework if you are interested in crypto tech. due diligence. no one
will do this for you. stick with the facts, dig, ask question and if you don't fully understand what you
see or hear don't do it. if you need someone like altcoinUK telling you what is good (or not), cryptoshpere
isn't probably the right place for you but in case you need this kind of nanny you have to blame yourself
for the outcome and not others.

[Wanderlust]

ROI means king in French

[altcoinUK]

personal vendetta driven scam accusation

That's a very unfair and undue interpretation of this thread. Due to the value growth of Bitcoin, the decentralized crypto currency concept has been very kind to me since February 2013 and it is my moral duty to point out scams which hurt the noble ideology of decentralized crypto (so I do from time to time and then some scammers go to prison). Therefore, this thread is to reveal the nature of this blatant scam, so the target audience of the incoming IOTA P&D will have my objective opinion and don't have to rely on the meaningless hyping of cheerleaders, sockpuppets and shills.

discrediting by race, age or other characteristics

It is a very important point indeed. You have to understand the location and age are important factors in the context of a business operation. Let me explain you the first one as I have explained already in details why experience, academic background and expertise are important in the implementation phase of a business, and since David boy has none of those the proposed operation is a scam. (I assume don't need to repeat again that apart from the age factor why the IOTA and JINN projects are unrealistic and will generate zero dollar revenue. I explained that).

Why the location is important? As you know the genius business plan is to challenge Intel, TI and Samsung in the microporcessor design and manufacturing field. In the meantime, the main technology figure of the operation hides in the lawless, Lukashenko admiring safe heaven of Belarus (from where he can organize his blatant scams). So he is isolated, due to visa restrictions he can travel to only Fiji, Kyrgyzstan and Afghanistan, but please note he is not selling goat cheese nor Kalashnikov to Afghans, but he is selling a revolutionary microprocessor to the west and therefore he would need to travel to Silicon Valley, London, Sidney to attend meetings, conferences, work shops ... but he can't travel because pro primo he doesn't get visa, pro secundo if he travel then law enforcement will catch him. I fully understand the average 25 years old fanboys of IOTA believe you can run a business by hiding  behind a proxy in your momma basement, but please note the business plan is to challenge Intel, TI and Samsung which requires more than the momma basement logistic of a typical Bitcointalk P&D scam, which IOTA/JINN is.
Anyway, you and me we both know there is no revolutionary microprocessor nor IoT business, but even if it would be the location and age makes absolutely unrealistic the whole business.

[runall]

Nevertheless, I mus say, altcoinUKtroll is very hungry, it is necessary to feed 

altcoinUK, which coin is good for you and fits your vision (technology, primary distribution, not a scam, etc), if such exists?

@martismartis: this psychopath - altcoinUK - with the brain which was eaten by cancer (confirmed from him). As he himself said, he is an investor, which lost a lot of BTC on the exchange.
Now he is desperately trying to somehow reduce the price of IOTA, he want to buy it as cheap as possible and just as quickly sell. P&D - this is exactly what HE wants. This loser is trying to regain its lost BTC, thats why je says this all as the automatic repeat without noticing the obvious arguments. The is no for him coin, which is good, only UK pounds is good for him. ONLY CASH. Only UK pounds is now for him not a scam.
Ethereum for him is a "scam from 24 year old programmer, this is P&D from russian programmer from Canada" and IOTA for him is a "scam from 24 year old programmer, this is P&D from belorussian programmer from Norway". Ehtereum - "russian scam, P&D from Canada", IOTA - "belorussian scam, P&D from Norway", BTC - "japanese scam, P&D from China".
This blatant lie, he will try to repeat as machine, just to get back his sterling at the exchange. He don't care for the new technology. Trust me he don't care for bitcoin - this is for him "just scam from 24 year old japanese programmer". All is scam.
This washed-up idiot idolize only UK pounds. THIS IS HIS COIN.
But he will very upset if he understand that his cash god UK pound rapidly falling in inflation. Than he will scream and cry, that UK pound "is scam, P&D, cashUK is scam, cashUK is scam, cashUK is scam!". 

By the way it's very funny to read how this washed-up idiot is catched in loop in his lie.

[runall]

And something in additive, information from the past (now history). It's about how many ideas and opportunities was by big corporations and how many ideas and opportunities have "just" brilliant inventors with future vision.

Ideas about computer chips was designed in the garage 
The creators of the personal computers (big fish at that time) believed that the computers (OF COURSE) can never be used by ordinary consumers. 

All of them were deceived from themselves, "personal computers is just scam and P&D from the garage". They trusted just as today mental retarded cashUK idiot only in pound UK.

[anewafresh]

it is my moral duty to point out scams which hurt the noble ideology of decentralized crypto

 

damn you altcoinUK..my stomach hurts from laughing now...

[albert_mt]

altcoinuk!! the majority disagree with you for a reason!!!

Disagree who? The shills, sockpuppets and "investors" disagree who really-really want to see their P&D works out and at the expense of naive/uninformed users which is the target audience of the P&D scam. Indeed the Belarusian attracts a large group of greedy individuals, "investors" and idiots. Also he promised the "investors" he will provide them with a handsome ROI. Predominantly those are who disagree with me. All sensible, honest and reasonable individuals with over IQ 80 understand that IOTA is a P&D scam.

As for the "reason", you remember what was the "reason" of rejecting my opinion about Moolah in 2014 in the Vericoin thread and IRC channel? The reason was that the cheerleaders, sockpuppets and shills thought the Moolah deal was game changer. Or more precisely they could market and P&D the coin with such game changer deal. I was disrupting the VRC P&D as well as I was interrupting the genius plan of the VRC devs with regards to collaborating with Moolah. I visited at the time to Moolah with my lawyer and then posted to VRC's IRC and thread what I understood about Moolah, Moolah is a pathetic scam, and the collaboration mustn't even considered. We contacted law enforcement and the game changer, innovative Ryan Kennedy is in prison now. The shills, sockpuppets and "investors" of IOTA argument is what a game changer and innovative solution they have. We heard that many times during a P&D operation.

Or the "reason" of why the shills, sockpuppets and "investors" of Bitbay disagreed with me in 2014 December? It was exactly same "reason" as the "reason" of the shills, sockpuppets and "investors" of IOTA: my unmoderated thread interrupted the scam and (together with barabbas' unmoderated thread) basically stopped the scam as Bob clashed with David in my thread. We contacted law enforcement and now the law enforcement handles the case. The organisers of the game changer, innovative, disruptive technology are subject of a law enforcement investigation, because it was a P&D scam and the game changer, innovative, disruptive technology existed only in the imagination and on the argument list of shills, sockpuppets and "investors".

The "reason" of the IOTA shills, sockpuppets and "investors" is clear: talk about innovative and disruptive technologies to realise as much profit via the P&D as they can. Regardless, of their "reason" blatant lies and P&D scams must stop and we need to let law enforcement handle such frauds - this is not a technology nor a business issue.

it doesn't make me a scammer i speculate on exchanges with crypto currencies !!!!! 

[altcoinUK]

it doesn't make me a scammer i speculate on exchanges with crypto currencies !!!!!  

What you think about yourself is besides the point. The point is, P&D operations like NXT, JINN/IOTA and virtually all other currencies which used by absolutely no real world environment outside of manipulated crypto currency exchanges can only deliver their wonderful "ROI" at the expense of naive, wannabe rich and uninformed users (bagholders) who buy into the hype. There is no real demand for these digital excrements except the fraudulent demand of endless hype and shilling. These digital excrements has no role in society nor in businesses. Their only role has been to deliver the "ROI" at the expense of bagholders, which is the dream of the "investors". The large ecosystem of NXT has no role in society nor in real world businesses. The exactly same applies to IOTA and JINN. The fact that some innovations or software development emerges from these scams cannot approve nor justify the existence of these operations, even if some says "yeah but they deliver some innovation".

The socially and economically important concept of decentralized crypto currency has been reduced to fucking speculation instruments and the whole process is driven by a few scammers like our boy in Scandinavia and our developer in Belarus who project the prospect of a wonderful ROI to their "investors".

Even the positive developments like NEM which takes the blockhain concept to banks aren't in line with the decentralized, P2P crypto currency concept, but at least those guys are not blatant scammers as they have a real world use case, so their technology and coin could represent a real value i.e. something other than a speculative instrument. The IOTA scammers with the IoT and microprocessor use cases (as I explained above) don't have anything, not even a realistic business prospect, except that a few greedy idiots want to replicate the successful NXT ROI with IOTA, again at the expense of bagholders.