IOTA - Permissioned ledger Russian extortion scheme

[r0ach]

Since you require checkpoints to even launch the coin at all, wouldn't we win any type of bet by default?

Ask yourself, if 100% Bitcoin clone was launched today, would it require checkpoints? Would this mean that Bitcoin can't achieve consensus?

PS: No need to post answers. The others know them already.

Of course it doesn't *require* checkpoints unless you count the genesis block itself as a checkpoint.  Your example would be the same thing as Bitcoin hard forking to a new PoW algo.  Everyone knows it's possible to do such a thing, and it doesn't require the network being micro managed by some random guy like Roger Ver.

[illodin]

Since you require checkpoints to even launch the coin at all, wouldn't we win any type of bet by default?

Ask yourself, if 100% Bitcoin clone was launched today, would it require checkpoints? Would this mean that Bitcoin can't achieve consensus?

PS: No need to post answers. The others know them already.

Of course it doesn't *require* checkpoints unless you count the genesis block itself as a checkpoint.  Your example would be the same thing as Bitcoin hard forking to a new PoW algo.  Everyone knows it's possible to do such a thing, and it doesn't require the network being micro managed by some random guy like Roger Ver.

A new Bitcoin clone with no adoption and usage yet. No checkpointing. Any Bitcoin ASIC farm could take over the hashrate totally anytime they'd wish. It would absolutely require checkpoints until enough its own ecosystem with miners and security has been established.

The security in IOTA model comes with the adoption, from people and machines making transactions.

[r0ach]

A new Bitcoin clone with no adoption and usage yet. No checkpointing. Any Bitcoin ASIC farm could take over the hashrate totally anytime they'd wish. It would absolutely require checkpoints until enough its own ecosystem with miners and security has been established.

Wrong, it happens every day.  They're called altcoins.  Nobody wastes their time trying to brute force attack coins of no value.  There's millions of altcoins nobody bothers to attack.  The value of a currency is determined by it's network effect.  If the network effect is low, the coin has no value so nobody attacks it.  If the network effect is high, the coin value is high and thus the PoW network is sufficient to prevent attacks.

The IPO scamcoins on the other hand have a whole new approach.  They have 0 network effect, and thus no value, but that doesn't stop the Eastern Euro scammers (Vitalik, Come from Beyond) from trying to sell them to people for outrageous prices!  Who cares if they have no network effect, the coins aren't even technically viable in the first place!  BUY BUY BUY.

[Come-from-Beyond]

Of course it doesn't *require* checkpoints unless you count the genesis block itself as a checkpoint.

Willing to bet on that? Prepare wording and I'll prepare examples from the history that will prove you wrong. Just need to google for "Luke Jr".

[Come-from-Beyond]

Wrong, it happens every day.  They're called altcoins.  Nobody wastes their time trying to brute force attack coins of no value.  There's millions of altcoins nobody bothers to attack.  The value of a currency is determined by it's network effect.  If the network effect is low, the coin has no value so nobody attacks it.  If the network effect is high, the coin value is high and thus the PoW network is sufficient to prevent attacks.

The IPO scamcoins on the other hand have a whole new approach.  They have 0 network effect, and thus no value, but that doesn't stop the Eastern Euro scammers (Vitalik, Come from Beyond) from trying to sell them to people for outrageous prices!  Who cares if they have no network effect, the coins aren't even technically viable in the first place!  BUY BUY BUY.

And again you try to backpedal. I'm still waiting for your wording for that 100 BTC bet. Let's finish that small business first, unless you want to lose your face for the second time...

[l8orre]

Wrong, it happens every day.  They're called altcoins.  Nobody wastes their time trying to brute force attack coins of no value.  There's millions of altcoins nobody bothers to attack.  The value of a currency is determined by it's network effect.  If the network effect is low, the coin has no value so nobody attacks it.  If the network effect is high, the coin value is high and thus the PoW network is sufficient to prevent attacks.

The IPO scamcoins on the other hand have a whole new approach.  They have 0 network effect, and thus no value, but that doesn't stop the Eastern Euro scammers (Vitalik, Come from Beyond) from trying to sell them to people for outrageous prices!  Who cares if they have no network effect, the coins aren't even technically viable in the first place!  BUY BUY BUY.

And again you try to backpedal. I'm still waiting for your wording for that 100 BTC bet. Let's finish that small business first, unless you want to lose your face for the second time...

what? only the second time?

[Come-from-Beyond]

what? only the second time?

That extensive flow of bullshit was caused by the first time. He tried to distract all us from his failure and went complete crazy for several days. So I count this as a single time.

[Come-from-Beyond]

r0ach, if you don't have 100 BTC we could do, for example, 14. There is nothing bad in admitting that you are not as rich as other Bitcoin Maximalists, who use all dirty tricks in their repertoires to save Bitcoin from total collapse.

[r0ach]

As if something happening to Bitcoin is going to cause people to flock to a permissioned ledger coin that isn't even technically viable.  Nobody would touch any of this stuff again and go straight to gold.  The value of IOTA would probably be -99999999999.

[cryptohunter]

r0ach, if you don't have 100 BTC we could do, for example, 14. There is nothing bad in admitting that you are not as rich as other Bitcoin Maximalists, who use all dirty tricks in their repertoires to save Bitcoin from total collapse.

Just because you have a ton of BTC from the first big ICO scam NXT1 that you've now fully exited from there is no need to try and sound impressive by throwing your weight around.

IOTA (nxt2) is your second attempt at a large ICO scam - get back to working on that latest scam so it can get to an exchange some time this year.

Rather than you and 20 pals hoarding it all telling us how great it is and we must buy some privately for 50x ICO stealth scam prices put it out to exchanges asap. Let's see how it fairs on the free market.

If you used your talents to produce something decent and fair perhaps you would make more returns than from these constant ico scams you can't pull yourself away from.

Stop trying to ransom off iota whilst holding back supply. Get the gui out and get it on exchange. Let's see all the great and must have benefits of this new token in real world usage.

[achimsmile]

you and 20 pals hoarding it all

I missed this "a handful guys own all tokens" conspiracy very much!

[LiQio]

[...]
Your example would be the same thing as Bitcoin hard forking to a new PoW algo.  Everyone knows it's possible to do such a thing,
[...]

How exactly would this be carried out?

[r0ach]

Stop trying to ransom off iota whilst holding back supply. Get the gui out and get it on exchange. Let's see all the great and must have benefits of this new token in real world usage.

He's trying to position exchange launch at a time period to maximize parasitic benefit of post-BTC halving bubble.  If he released it one month before BTC halving, nobody would touch it.  At least Come from Beyond hasn't sunk to the level of Ethereum scammers by claiming the BTC halving won't cause the price to go up (LOL).  He knows damn well the BTC halving is an asymmetric bet.  Come from Beyond is kind of a stereotypical Eastern European cat burglar, snatching silverware to pawn it for vodka and Adidas track suits, but he's not stupid.

[Come-from-Beyond]

As if something happening to Bitcoin is going to cause people to flock to a permissioned ledger coin that isn't even technically viable.  Nobody would touch any of this stuff again and go straight to gold.  The value of IOTA would probably be -99999999999.

So you don't have even 14 BTC, I see...

[illodin]

Nobody wastes their time trying to brute force attack coins of no value.

Agreed.

[oldisoft]

This is so funny to see that few nobody like you, roach and cryptohunter, trying to say anything about great things like IOTA and ETH.

Come from Beyond and Vitalik are very smart and clever guys.

But who are you???  just losers which whining like a ill sheeps.

Everybody already fed up of you.

[r0ach]

Everybody already fed up of you.

I can imagine why looking at your signature.  Are you a door to door shamwow IOTA salesman?

[cryptohunter]

This is so funny to see that few nobody like you, roach and cryptohunter, trying to say anything about great things like IOTA and ETH.

Come from Beyond and Vitalik are very smart and clever guys.

But who are you???  just losers which whining like a ill sheeps.

Everybody already fed up of you.

I think they are more fed up with you and the other IOTA scammers/pumpers sock puppet accounts pushing your scam on to them at 3000% what you sold them to yourself for.

The last con from belarus was enough. We don't need another one.

Stay on your iota thread and stop spamming the main board. Get it on exchange but now it has 239734594375934759347593745934759 zillion tokens I mean what sort of market will it be listed on ?? even a dogoshi is too valuable.

[oldisoft]

This is so funny to see that few nobody like you, roach and cryptohunter, trying to say anything about great things like IOTA and ETH.

Come from Beyond and Vitalik are very smart and clever guys.

But who are you???  just losers which whining like a ill sheeps.

Everybody already fed up of you.

 We don't need another one.

Just same words: just losers which whining like a ill sheeps.

WE-you mean cryptohunter/roach? BTW This is sock puppets each other?
in this case-you! go away with your shit

[xenia4774]

r0ach, if you don't have 100 BTC we could do, for example, 14. There is nothing bad in admitting that you are not as rich as other Bitcoin Maximalists, who use all dirty tricks in their repertoires to save Bitcoin from total collapse.

Just because you have a ton of BTC from the first big ICO scam NXT1 that you've now fully exited from there is no need to try and sound impressive by throwing your weight around.

IOTA (nxt2) is your second attempt at a large ICO scam - get back to working on that latest scam so it can get to an exchange some time this year.

Rather than you and 20 pals hoarding it all telling us how great it is and we must buy some privately for 50x ICO stealth scam prices put it out to exchanges asap. Let's see how it fairs on the free market.

If you used your talents to produce something decent and fair perhaps you would make more returns than from these constant ico scams you can't pull yourself away from.

Stop trying to ransom off iota whilst holding back supply. Get the gui out and get it on exchange. Let's see all the great and must have benefits of this new token in real world usage.

CH you can't keep saying the same things over and over all over the place Im mean all over the place. you have the same story and it's not real.

I see some of others here are full of shit too but not all the time, they are intelligent. They don't just say lies over and over and their only move. These guys are at least very smart.

You coming on threads with pasting this secret IPO thing of yours. No where is the place but definitely this is not the place this is a thread for intelligent people. Even if they bullcrap sometimes its at least based on something smart. An idea, or different way of looking at things.

you tell lies over and over, when proof is ask = nothing

I hear you say it was secret ipo and it s an advertised one. It had some threads you were in and made PRE ANN, an ann, a website. more than month of pre ipo threads and news and threads in altcoin discussion area of threads. Then a month of the real ann, and the ann thread got activity so it was almost always on the first announcemnt page. Then there was a few MORE altcoin discussion area threads that were created by the community member.

YOU EVEN TALKED IN SOME SO COME UP WITH SOMETHING BETTER NUTCASE

after all of that there was also an interview in multiple cryptocurrency news websites.

told you everybody a thousand times maybe more and you just keep saying it was a secret ico while many many people demonstrate to you that these words you continue paste and paste eveerywhere makes it you look crazy. now there are two altcoin dissision area threads about how crasyness you are.

when does this delusion stop?