Alert! Noone buy IOTA Coin when it hits exchanges!

[Arvydas77]

The idea of iota is interesting with 0 fee transactions and scalability, however, we don't know how it will work in practice.

[LocoMB]

The idea of iota is interesting with 0 fee transactions and scalability, however, we don't know how it will work in practice.

quite the contrary, 'WE' as in 'early adopters and participants' have benn running this for ~18 months now  and hence have an ever increasingly precise idea how it does work in practice.

which is exactly what occurred in Bitcoin during the early days - FUDders whine and FUD, early adopters get rewarded handsomely for supporting a project against FUD

[AmarO]

The idea of iota is interesting with 0 fee transactions and scalability, however, we don't know how it will work in practice.

quite the contrary, 'WE' as in 'early adopters and participants' have benn running this for ~18 months now  and hence have an ever increasingly precise idea how it does work in practice.

which is exactly what occurred in Bitcoin during the early days - FUDders whine and FUD, early adopters get rewarded handsomely for supporting a project against FUD

Nothing I have stated is against the facts.

[Fragbait]

The idea of iota is interesting with 0 fee transactions and scalability, however, we don't know how it will work in practice.

quite the contrary, 'WE' as in 'early adopters and participants' have benn running this for ~18 months now  and hence have an ever increasingly precise idea how it does work in practice.

which is exactly what occurred in Bitcoin during the early days - FUDders whine and FUD, early adopters get rewarded handsomely for supporting a project against FUD

Exactly. The earlier it is, the more risk there is. It's only fair the reward is higher as well, high risk - high reward.

It only gets sad when people wake up late when it's been proven to work and start crying when they can't have no risk - high reward deal out of it.

[AmarO]

The idea of iota is interesting with 0 fee transactions and scalability, however, we don't know how it will work in practice.

quite the contrary, 'WE' as in 'early adopters and participants' have benn running this for ~18 months now  and hence have an ever increasingly precise idea how it does work in practice.

which is exactly what occurred in Bitcoin during the early days - FUDders whine and FUD, early adopters get rewarded handsomely for supporting a project against FUD

Exactly. The earlier it is, the more risk there is. It's only fair the reward is higher as well, high risk - high reward.

It only gets sad when people wake up late when it's been proven to work and start crying when they can't have no risk - high reward deal out of it.

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

[Fragbait]

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

Agreed on the bolded part. How does that apply to IOTA (the subject of this thread)?

[DLXS]

Wait a minute. People trading coins before hitting an exchange?

THIS IS NOT DEFINITELY STANDARD PROCEDURE!




/ironic

[samuraijin]

I also become part of their slack, I think IOTA will be the next one who will master the coinmarketcap other than ETH and others

[LocoMB]

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

then your rank is at least Obersturmbannführer, korrekt?

[cryptonikus]

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

Agreed on the bolded part. How does that apply to IOTA (the subject of this thread)?

I don't see anything wrong with that. This is crypto world, not wall street, people can do whatever they want with their coins.

[AmarO]

I also become part of their slack, I think IOTA will be the next one who will master the coinmarketcap other than ETH and others

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

Agreed on the bolded part. How does that apply to IOTA (the subject of this thread)?

I don't see anything wrong with that. This is crypto world, not wall street, people can do whatever they want with their coins.

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

then your rank is at least Obersturmbannführer, korrekt?

"In the near future, we can expect that a machine will be able to pay its assembly, its maintenance, its energy and also for its liability insurance by giving data, computing power, storage or physical services to other machines. For the first time in history a device will be in a position to earn and spend money on its own. At this point a machine turns into an entity that tracks revenue and expenditure from its own activities."

Sincerely,
Iota


"Today, we have “unbanked” machines with limited possibilities to participate in economic activities, as no traditional bank is willing to give a bank account to a machine. Now, devices can achieve self-sovereignty by owning their wallet to store digital currency. Income is generated by a machine through physical or data services without any middleman and can be used for purchases like insurance, energy or maintenance.
These scenarios are possible with IOTA. When tracking the identity of machines, “know your customer” (KYC) — which is the main criteria for a bank to provide a bank account to a customer — is also applied to machines: “Know your machine” (KYM) or “Know your object” (KYO) is the beginning of self-sovereignty for machines.
IOTA offers a unique set of distinctive features to machines that sets it apart from other blockchain technologies."

Sincerely,
Iota


This coin is not meant to be used by humans it's for machines as they've stated.


What do you plan on doing with the coins? Selling your coins to iRobot in 2030? 😂


IOTA used your money to make their centralized company successful but their coin will be useless. All these coin holders hoping some machine comes to buy their coin to use for payment just like Ripple investors hoping banks come buy their coin. Sad to say but even banks have a better chance of buying XRP than companies that utilize robots have of buying iota coin. Even if one in a million chances a company needs robot to robot payment, most likely they'll be given it for free and very very little will be used. This whole scheme is to fund their software company, sorry for whoever fell for it. Next time think a little harder about what you're buying. You aren't buying their company shares just a coin meant to be used for robot to robot payment which no one needs.



 

[LocoMB]

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

I just had a look at your post history, silly little trollpuppet ... 

[Pamadar]

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

Agreed on the bolded part. How does that apply to IOTA (the subject of this thread)?

I don't see anything wrong with that. This is crypto world, not wall street, people can do whatever they want with their coins.

that's right so whatever happen behind privately we don't have business there, the only thing is we do risk our money after hitting inside any exchange
and its our choice whether to support or not no one will force us, its a matter of timing for us to able to gain some good profits.

[singularityisnear]

It clearly has some problems, but remember, the markets are irrational. No one expected people would give a price of thousands of Bitcoins for a single ZEC at launch. The end of the story we know well...

[iram3130]

It clearly has some problems, but remember, the markets are irrational. No one expected people would give a price of thousands of Bitcoins for a single ZEC at launch. The end of the story we know well...

Yes, but it doesn't mean to start trading your own coin and not caring about anyone would buy them in exchanges, the developers clearly said that they do not care whether Exchanges accept IOTA or not.
It's better to wait for it to hit the exchange and see what happens.

[singularityisnear]

It clearly has some problems, but remember, the markets are irrational. No one expected people would give a price of thousands of Bitcoins for a single ZEC at launch. The end of the story we know well...

Yes, but it doesn't mean to start trading your own coin and not caring about anyone would buy them in exchanges, the developers clearly said that they do not care whether Exchanges accept IOTA or not.
It's better to wait for it to hit the exchange and see what happens.

Sure, I think the simpler way is always preferable to avoid problems for investors. In the case of Zcash, the price was inflated because there was almost no supply at launch, even so the currency was launched on Poloniex the first day.
Most people lost money that day, with the exception of insiders, and people using private software to mine using GPUs. You would have to be very lucky to mine something substantial using the open source CPU mining software.

[Come-from-Beyond]

No one will buy into a coin that has 100x before going on a public exchange, just sell it wherever else you can lol

I was brought to this thread by one friend who knows that I like betting. He said I could get easy money here. Currently I have ~8 BTC. Time to put your money where your mouth is. What escrow agent do you prefer?

Baby volume on its rise being traded privately to 100x lol so sad what this is going to result in for whoever buys in at exchanges and you know it.

Post here conditions of the bet, the amount and preferred escrow agent. I'll reply if I accept it or not.

Sorry I don't accept payment in IOTA.

It's fine, we'll use BTC.

Currently I have ~8 BTC.

It has actually grown 100x from ICO price, and yes it is dump ready by holders waiting for exchanges.

What about our bet? I can't keep 8 BTC waiting for your reply too long, I already missed a good opportunity.

[Febo]

You can never take any price seriously before there is able to trade it transparently.  It I remember they promised an exchange a year ago. I bet there will not be one fro 2 more years.

[Come-from-Beyond]

You can never take any price seriously before there is able to trade it transparently.  It I remember they promised an exchange a year ago. I bet there will not be one fro 2 more years.

Nice... I have 8 BTC. How much are you willing to bet?

[Tangleblog.com]

heheheehehe

https://twitter.com/bitfinex/status/871457013993152514