Bitcoin Forum
May 24, 2024, 06:56:28 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 [45] 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 »
  Print  
Author Topic: IOTA is the next big thing  (Read 45349 times)
luchins
Newbie
*
Offline Offline

Activity: 204
Merit: 0


View Profile
April 14, 2018, 02:27:02 PM
 #881

this dumb assertion by copy/pasting BTC and ETH wallets--actual new technologies can't do this, so it's a backwards indicator for many speculators).

What   do you think about IOTA full-node?

I have heard  about them but I still can't figure out  why we are going to need them?

Basically IOTA  is  POWless so  why  there is the need  of  running some  Full nodes?


generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 14, 2018, 02:45:51 PM
 #882

this dumb assertion by copy/pasting BTC and ETH wallets--actual new technologies can't do this, so it's a backwards indicator for many speculators).

What   do you think about IOTA full-node?

I have heard  about them but I still can't figure out  why we are going to need them?

Basically IOTA  is  POWless so  why  there is the need  of  running some  Full nodes?




Miners do POW--IOTA doesn't have miners--though there is a trivial amount of POW that's done at the time of a tx.

Nodes are the ones communicating the data. If you are using a wallet, you have to connect to a node to interact with the network. AFAIK, every computer network has nodes. 

luchins
Newbie
*
Offline Offline

Activity: 204
Merit: 0


View Profile
April 14, 2018, 03:18:25 PM
 #883

this dumb assertion by copy/pasting BTC and ETH wallets--actual new technologies can't do this, so it's a backwards indicator for many speculators).

What   do you think about IOTA full-node?

I have heard  about them but I still can't figure out  why we are going to need them?

Basically IOTA  is  POWless so  why  there is the need  of  running some  Full nodes?




Miners do POW--IOTA doesn't have miners--though there is a trivial amount of POW that's done at the time of a tx.

Nodes are the ones communicating the data. If you are using a wallet, you have to connect to a node to interact with the network. AFAIK, every computer network has nodes.  

I have  heard  IOTA  full nodes  and swarm  nodes

I am just asking  to you  what are they, cause  I can't  find  a  detailed  answer in internet


I have to say that  the  tecnlogy  is fascinating  tought.

I can   see IOTA  fundation at  40/50$  per  coin in 2024  or  somenthing near it  if  the  tecnology   is ok  and  worked   (IF)


prabakharras
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250


View Profile
April 14, 2018, 03:23:59 PM
 #884

big correctional expected https://www.coingecko.com/en/coins/iota

generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 14, 2018, 03:25:21 PM
 #885

this dumb assertion by copy/pasting BTC and ETH wallets--actual new technologies can't do this, so it's a backwards indicator for many speculators).

What   do you think about IOTA full-node?

I have heard  about them but I still can't figure out  why we are going to need them?

Basically IOTA  is  POWless so  why  there is the need  of  running some  Full nodes?




Miners do POW--IOTA doesn't have miners--though there is a trivial amount of POW that's done at the time of a tx.

Nodes are the ones communicating the data. If you are using a wallet, you have to connect to a node to interact with the network. AFAIK, every computer network has nodes.  

I have  heard  IOTA  full nodes  and swarm  nodes

I am just asking  to you  what are they, cause  I can't  find  a  detailed  answer in internet


I have to say that  the  tecnlogy  is fascinating  tought.

I can   see IOTA  fundation at  40/50$  per  coin in 2024  or  somenthing near it  if  the  tecnology   is ok  and  worked   (IF)





A definition for any coin's light and full node would apply, but this is from IOTA's Stack Exchange: https://iota.stackexchange.com/questions/411/what-is-the-difference-between-a-light-node-and-a-full-node-gui-wallet

Swarm nodes are not implemented yet, but here's some details: https://iota.stackexchange.com/questions/190/what-are-swarm-nodes-what-is-their-role-in-the-network

WINiota
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile WWW
April 14, 2018, 10:10:27 PM
 #886

The Iota foundation is adding so many smart people to their team. This is awesome!
yunusseymen16
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
April 14, 2018, 10:50:33 PM
 #887

I think I will buy IOTA. But I have Ethereum in my hand and I will have to cash it. That's where I'm undecided. I trust Ethereum very much, I do not have much to do. Undecided. Also i know that IOTA will hit 30 k satoshis.
generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 15, 2018, 03:33:39 AM
 #888





Good news--new website coming tomorrow and a bunch of companies presenting usecases @ Messe


ThatsABity
Member
**
Offline Offline

Activity: 116
Merit: 36


View Profile
April 15, 2018, 03:11:21 PM
 #889

Nice, tonight new website, which marks the start of a new phase for IOTA. Maturity.

Lots of good news coming months. Ecosystem website launch, IXI Hub, Trinity wallet, Q!
Let the real world adoption begin.
luchins
Newbie
*
Offline Offline

Activity: 204
Merit: 0


View Profile
April 15, 2018, 03:49:16 PM
 #890


The network  doesn't  work at the moment  without  coordinator,   So  this is  a big bet   with an high risk  of losing all the money if the tecnology  won't  work.
Also  Hashgraph  has  its tangle  tecnology  which  could be  a    better competitor,  also beacause  a lot  of big Companies have invested in Hasgraph.
IOTA  has  a   2  billions  coins... ahaha   even if it succeeded  where   do you think  the price  can go? Aahah  5$

generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 15, 2018, 03:59:54 PM
 #891


The network  doesn't  work at the moment  without  coordinator,   So  this is  a big bet   with an high risk  of losing all the money if the tecnology  won't  work.
Also  Hashgraph  has  its tangle  tecnology  which  could be  a    better competitor,  also beacause  a lot  of big Companies have invested in Hasgraph.
IOTA  has  a   2  billions  coins... ahaha   even if it succeeded  where   do you think  the price  can go? Aahah  5$



Are you buying or something? You seem real anxious to throw any shit against the wall you can. But if we're being honest, I'd rather bet with Bosch and against a guy who doesn't even know what a node is.

My long term outlook is a trillion in marketcap (~360). That would be indicative that they reached their goal of becoming the protocol layer of the IOT--in fact, that's likely low if that goal is reached. It may crash and burn, but you're not going to find a better value proposition in crypto (at least not near term*).

*This obviously counts out small cap pump and dumps.

luchins
Newbie
*
Offline Offline

Activity: 204
Merit: 0


View Profile
April 15, 2018, 05:22:04 PM
 #892


The network  doesn't  work at the moment  without  coordinator,   So  this is  a big bet   with an high risk  of losing all the money if the tecnology  won't  work.
Also  Hashgraph  has  its tangle  tecnology  which  could be  a    better competitor,  also beacause  a lot  of big Companies have invested in Hasgraph.
IOTA  has  a   2  billions  coins... ahaha   even if it succeeded  where   do you think  the price  can go? Aahah  5$



Are you buying or something? You seem real anxious to throw any shit against the wall you can. But if we're being honest, I'd rather bet with Bosch and against a guy who doesn't even know what a node is.

My long term outlook is a trillion in marketcap (~360). That would be indicative that they reached their goal of becoming the protocol layer of the IOT--in fact, that's likely low if that goal is reached. It may crash and burn, but you're not going to find a better value proposition in crypto (at least not near term*).

*This obviously counts out small cap pump and dumps.

I have bought  IOTA at 35 cent,  sold at 1$ and  I  am thinking  about  buying   again but with a larger stake.

Obviously  based on all    I  have red  on internet  about this project  I don't feel so   confident


why  do the price  should  increase?   What's  your point  of  wiev?  Only because of  speculation? From where  will come the demand  for this  coin?
From nerds? Not  from the avearege joe



luchins
Newbie
*
Offline Offline

Activity: 204
Merit: 0


View Profile
April 15, 2018, 05:22:44 PM
 #893



why  do the price  should  increase?   What's  your point  of  wiev?  Only because of  speculation? From where  will come the demand  for this  coin?
From nerds? Not  from the avearege joe


generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 15, 2018, 06:42:48 PM
 #894



why  do the price  should  increase?   What's  your point  of  wiev?  Only because of  speculation? From where  will come the demand  for this  coin?
From nerds? Not  from the avearege joe




They're trying to create the backbone of the IOT--that's the demand.

dead_m92
Hero Member
*****
Offline Offline

Activity: 650
Merit: 500



View Profile
April 15, 2018, 07:00:55 PM
 #895

why  do the price  should  increase?   What's  your point  of  wiev?  Only because of  speculation? From where  will come the demand  for this  coin?
From nerds? Not  from the avearege joe

There is not a wallet for IOTA yet, i don't feel safe without having them on my hardware wallet.

In fact, i do not hold any coins that can not be in a hardware wallet. If they have other protocol, i don't storage them because of my own safety.


.


.



                ███
             █████████
          ███████████████
        ███████████████████
       █████████████████████
       █████████████████████
       █████████████████████
       █████████▀▀▀▀▀██████
    █████████▀        █████████
 ███████████▌  ▄████▄▄████████████
████████████▌  ████████████████████
█████████████   ▀▀▀▀  █████████████
██████████████▄▄     ▄█████████████
███████████████████████████████████
███████████████████████████████████
███████████████████████████████████
 █████████████████████████████████
    █████████         █████████
       ███               ███
.


.


.
.
.


.
.
WhitePaper
▀▀▀▀▀▀▀▀▀▀▀▀
.



luchins
Newbie
*
Offline Offline

Activity: 204
Merit: 0


View Profile
April 15, 2018, 08:45:12 PM
 #896

why  do the price  should  increase?   What's  your point  of  wiev?  Only because of  speculation? From where  will come the demand  for this  coin?
From nerds? Not  from the avearege joe

There is not a wallet for IOTA yet, i don't feel safe without having them on my hardware wallet.

In fact, i do not hold any coins that can not be in a hardware wallet. If they have other protocol, i don't storage them because of my own safety.



IOTA   a  coin which  doesn't  even get a  wallet  after 4 years of  development


generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 15, 2018, 08:49:19 PM
Last edit: April 15, 2018, 09:32:08 PM by generalizethis
 #897

why  do the price  should  increase?   What's  your point  of  wiev?  Only because of  speculation? From where  will come the demand  for this  coin?
From nerds? Not  from the avearege joe

There is not a wallet for IOTA yet, i don't feel safe without having them on my hardware wallet.

In fact, i do not hold any coins that can not be in a hardware wallet. If they have other protocol, i don't storage them because of my own safety.



IOTA   a  coin which  doesn't  even get a  wallet  after 4 years of  development





Monero still hasn't gotten one either, so not sure what your point is. In fact they are on track to introduce ledger at about the same time. The issue with both coins is that they aren't copy/pastes of BTC or ETH and that it's a technical PITA for ledger/trezor to implement them--both Monero and IOTA have been helping ledger with the process.

h55
Member
**
Offline Offline

Activity: 210
Merit: 11


View Profile
April 15, 2018, 09:39:26 PM
 #898

Maybe you have read some of my calls before. My last call was on ZENcash: https://bitcointalk.org/index.php?topic=2078049.0

It was a month or two before ZENcash mooned, while all other alts doomed. No I am not a member of a pumpgroup, not a prophet or a great trader, nor do I like P&D of garbage and scammy coins which have no future. Some people have written me PMs and asking for advice, so I decided to write my next advice here for everybody. I do not have many time and also not many advices, because I think that most coins out there are useless or do not have what it needs to be successful long term.

I am just an investor who is longer in this field and doing deep research, taking a position in cryptocurrencies before others do. A position from which one I can hodl long term and with a lot of patience.
If you take your time to intensively screen through the mass of projects you will see that many of them are without value, with no development, copycats, no problems they can solve or they do solve problems which could be solved also with a centralized solution. Projects with a lot of shiny marketing and no backing by big names.

This will be a really simple and fundamental analysis, so you have to do your own research, not rely on what I or others are telling you.

Fundamentally new technology

IOTA is completly different and let me tell you why. IOTA is a hedge against all blockchain based projects as it is based on the tangle, not on a blockchain. IOTA transactions are fast and feeless, they cost nothing. There are no miners, no fees. No conflict of interest between those who send transactions and those who validated them.
When you send a transaction on IOTA, you have to confirm other transactions in order to have your IOTAs sent. IOTAs technology is in this case without real competition. IOTA is not an altcoin, because it is a completly new version of a decentralized value network. IOTA is made for the machine to machine (m2m) business but can be used by humans too. Transactions without fees are a killer application.

IOTA has a market cap of only 1 billion, while I think it could reach 30 billions like Ethereum.


IOTA is a mothercoin, like BTC.


IOTA Foundation is cooperating with global player companies

IOTA is supported by the daughter company (Innogy) of the energy giant RWE. Bosch is highly supporting IOTA. Bosch is the largest manufacturer of car electronics worldwide. IOTA will be used for transactions between electro autonomous cars and loading stations. Innogy is highly thrilled about this function because it takes out the middleman, the banks or any kind of contracts. The CEO of Fujitsu Europe is mentioning IOTA several times on this twitter account, so we could see here further cooperation. There are several global players which have already plans and contracts to work together with the IOTA foundation. When they will be revealed it could bring up the price to new highs.

Advisors of IOTA are people who have worked for large global players, they have a name and reputation to lose, the same is true for the cooperating companies. Wink

Also important to know: Every company will use the one IOTA network and will use the IOTA tokens. Compared to Ethereum where everybody can have their own Ethereum network, IOTA is only secure if many take part. So the main IOTA network will be used by all. Also Ethereum allows you to create tokens on top of the network, while on IOTA you need to use the one token. Everything contrary you will read about this is just a simple lie. Also it is a lie that there are too many IOTA tokens arounds, do basic math. You can divide BTC behind the 0, but IOTAs cant be divide, they are already like Satoshis.

The IOTA foundation has been supported by the IOTA whales with funds. The tokens were fairly distributed (not like ETH), and even the developers had to buy them. The IOTA foundation has announced that already in this year they will start hiring around 50 new developers. This is real dedicated development on a huge scale, not a pseudo project. This ist the new Ethereum competitor.


IOTA will have smart contracts

IOTA will have smart contracts similar to Ethereum. This could already happen in 2017 and would give it a further feature. This will push the market cap up. Even without the contracts Innogy gave up Ethereum and switched to IOTA. Flash channels on IOTA for example enable you to transact trustlessly even without a smart contract. You load your car with energy and load the energy station with packages of IOTA microtransactions. If one side stops to load, the other stream (energy or IOTA) stops too. Ethereum can`t do this.


IOTA is only on Bitfinex and Binance - more exchanges will come

More exchanges will come for sure and are already in contact with IOTA foundation. We know from the past that exchange adoptions have pushed the price of many strong cryptocurrencies.


FUD, why IOTA is undervalued and weak points

IOTA is simply undervalued because of one thing: Most crypto investors do not understand it. It is to hard to grasp for the pump and dump seeking mass. It is too hard to undersand why feeless transactions could finally bring blockchain based projects like BTC to struggle.

There was a lot of FUD against IOTA and disinformations spread by those who accumulate or fear IOTA. Indeed there are still some drawbacks and some things to overcome. The IOTA network needs the so called coordinator a group of nodes which support the tangle network by generating transactions. Those are needed as long as the IOTA network is still small, but will be shut off as a critical mass of the network size has been reached. Also people are complaining about network updates and so called snapshots which lead to circumstances in which the users had to use a tool to gain control over their funds again. Nothing too complicated but it was used for FUD endlessly.

The way of intensive, orchestrated and organized FUD on social media against IOTA is for me a clear sign that some whales are accumulating here.
This FUD will be turned into hype by the same people. I have watched this game too many times. Wink

Of course you can wait till all bugs are out and IOTA is fully used by everybody, but then you can be sure the current 1 billion market cap will be more around 30 billions, like ETH is, or even higher.
I prefer to buy when its cheap, not expensive. Wink


Why am I taking my time to write this?

Yes I am invested in IOTA, yes I would like to see it go up. But I only invest early in later very strong cryptocurrencies. I would like to see IOTA prosper because I am simply tired of watching scammy ICOs and worthless garbage coins beeing pushed up and sold to new bagholders. Imagine we live in a world where the scam Bitconnect was pushed up into the top 10 of cryptocurrencies. If I just steer some people away from shitcoins into a valueable project which could have a deep impact, its fine for me. If you think I am shilling, I do not care. This one will go up and there is nobody who can prevent it. Wink

This text is neither complete nor does it give you full informations, dont be lazy, read and research or lose your money on bullshit coins.


there are so many good news for IOTA, but i can not forget the wallet hacking in some month ago. so i never invest on this coin i lost some of my asets becuase that hacking. there are so many other coins and i can trust BTC.
generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 15, 2018, 09:44:34 PM
 #899


there are so many good news for IOTA, but i can not forget the wallet hacking in some month ago. so i never invest on this coin i lost some of my asets becuase that hacking. there are so many other coins and i can trust BTC.

I think you are confusing people who used phishing sites to create seeds with a hack--IOTA was never hacked.

generalizethis
Legendary
*
Offline Offline

Activity: 1750
Merit: 1036


Facts are more efficient than fud


View Profile WWW
April 15, 2018, 10:25:30 PM
 #900


New website is live: https://www.iota.org/



Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 [45] 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!