Alert! Noone buy IOTA Coin when it hits exchanges!

[AmarO]

IOTA has trillions of coins in supply that have been manipulated to 100x ICO price by getting traded privately before getting on exchange, expect major dumps. Initial investors are itching to get demand for these coins and dump them on peoples' head. It can get on exchanges at any time from now.




http://iota.market



A semi private exchange(you probably never heard of) that is being operated by some Slack team and a trading bot with 0 fees just holders and these guys selling to themselves or each other making a nice graph rise trying to reel in new investors. Once it goes on exchange to the public watch how hard the dumps hit. Even for the people buying right now at 100x they're going to get dumped on.

[enervey]

Do you have a source for this that I could use to research further? ICOs make me nervous to begin with and if what you're saying is true, it will reinforce my avoidance for ICOs in general. Thanks.

[AmarO]

Do you have a source for this that I could use to research further? ICOs make me nervous to begin with and if what you're saying is true, it will reinforce my avoidance for ICOs in general. Thanks.

ICOs are fine just gotta find the right one you believe in, the one I'm calling out manipulated its price for initial investors which is kind of a scam for people who will buy after it gets on exchanges because if demand picks up massive dumps will happen.

[Seville]

Nice FUD going on here.. im sure you want to get some cheaply  

[pinkmann]

Links to some of this would be nice. Otherwise we just have your word and that doesn't mean much in these forums.

[olubams]

IOTA has trillions of coins in supply that have been manipulated to 100x ICO price by getting traded privately before getting on exchange, expect major dumps. Initial investors are itching to get demand for these coins and dump them on peoples' head. It can get on exchanges at any time from now.

When allegations such as this are made, its best if its backed up by facts and verifiable source like others have rightly said because your warnings does not mean all those interested will read this while some will read and interpret as a troll because of the fact that the warning is lacking in content. Also, there are several people outside the forum who are likely going to be involved more than what you imagine.

[AmarO]

IOTA has trillions of coins in supply that have been manipulated to 100x ICO price by getting traded privately before getting on exchange, expect major dumps. Initial investors are itching to get demand for these coins and dump them on peoples' head. It can get on exchanges at any time from now.

When allegations such as this are made, its best if its backed up by facts and verifiable source like others have rightly said because your warnings does not mean all those interested will read this while some will read and interpret as a troll because of the fact that the warning is lacking in content. Also, there are several people outside the forum who are likely going to be involved more than what you imagine.

http://iota.market



A semi private exchange(you probably never heard of) that is being operated by some Slack team and a trading bot with 0 fees just holders and these guys selling to themselves or each other making a nice graph rise trying to reel in new investors. Once it goes on exchange to the public watch how hard the dumps hit. Even for the people buying right now at 100x they're going to get dumped on.

[btcmerich]

well, IOTA has intersting tech but for sure the DEVs are not handling things right and act very fishy. I did find it intresting at the start but i for sure will never invest . Also they keep saying they are not listed because they do not care, well if they do not care then why have the option on slack for people to trade.

Also , they do not even have working explorer. and i am sure exchangers demand working explorer

[cloverme]

Given that IOTA doesn't work like other blockchains or coins, I'm not surprised that it's taking a long time to develop these services. I will say there seems to be an awful lot of FUD surrounding IOTA without a lot of concrete proof, seems like a lot of chatterbox talk is fueling these things. IOTA is in demand on the forums with people wanting to buy and I see that people want to sell on slack. I don't see anything nefarious about this, this has been going on with altcoins for years. Seems like an agenda against IOTA for no reason to me.

[nativehasher]

No trading fees certainly means that the price is fake..just make 2-3 accounts and trade to any price you like.

[asdalani]

There’s a bunch of a hype surrounding this coin, I don’t really know why people want it so much. I would rather purchase Ethereum than trying to purchase IOTA because there is not that much price movement compared to the amount of hype it gets.
Maybe they will have larger updates on progress in due time.

[cryptonikus]

If it has the potential to bring me profits I'll buy, no matter what. Many top coins including ETH started like this - under heavy FUD attacks. We'll see what the future holds for IOTA.

[NavySeals]

If it has the potential to bring me profits I'll buy, no matter what. Many top coins including ETH started like this - under heavy FUD attacks. We'll see what the future holds for IOTA.

Did you make a quick search about IOTA?

I wondered and started to search it on Google. We have to find promising Project that are just about to get launched.

[xiaohang07]

I remember that IOTA has similar tech with Byteball, right?

[Cart]

IOTA is really revolutionary. While Ethereum has 40 TX/s, IOTA can manage up to 1000 TX/s! And they are currently doing a lot of stress tests

[Fragbait]

No trading fees certainly means that the price is fake..just make 2-3 accounts and trade to any price you like.

Try to think what happens to your plan when someone else (or multiple people!) joins and wants to buy or sell.

[AmarO]

IOTA is really revolutionary. While Ethereum has 40 TX/s, IOTA can manage up to 1000 TX/s! And they are currently doing a lot of stress tests

There's many other projects coming with 1000 TX/s.. The point is the coin price has been heavily manipulated as from the start it is already a sub penny coin with 23000494498383848417182 coin supply lol and for them to just trade it privately trying to cause hype when it comes on exchanges they will try to power demand and if people get behind it and big buy order comes they'll commence with massive dumps. 100x before getting on public exchange with unlimited coin supply, multiple coin supply with the 100x price and look at the dump potential watch..

[cryptohunter]

If it has the potential to bring me profits I'll buy, no matter what. Many top coins including ETH started like this - under heavy FUD attacks. We'll see what the future holds for IOTA.

Don't compare ethereum release and ICO with this. Ethereum was a widely advertised ICO and has a large POW phase to its distribution.

Not even comparable in terms of initial distribution.

[megashira1]

Advise taken. Will wait for this thing to plummet once it hits exchanges. Too many people want to sell.

[LocoMB]

IOTA has trillions of coins in supply that have been manipulated to 100x ICO price by getting traded privately before getting on exchange, expect major dumps. Initial investors are itching to get demand for these coins and dump them on peoples' head. It can get on exchanges at any time from now.




http://iota.market



A semi private exchange(you probably never heard of) that is being operated by some Slack team and a trading bot with 0 fees just holders and these guys selling to themselves or each other making a nice graph rise trying to reel in new investors. Once it goes on exchange to the public watch how hard the dumps hit. Even for the people buying right now at 100x they're going to get dumped on.

Oh Thank You so much for this warning!!
Oh my god - everybody stay out of this, don't run into your ruin people!!!