tyKiwanuka
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#birdgang
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April 16, 2018, 06:42:02 PM |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
It's more likely that Bitcoin will collapse because of IOTA than the other way around.
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.....wie die Zeit fliegt.....
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cryptimus prime (OP)
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April 16, 2018, 06:48:15 PM |
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It's more likely that Bitcoin will collapse because of IOTA than the other way around.
True. The Tangle beats blockchain easy on scaling and speed, add feeless transactions to that and what do you need Bitcoin for?
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luchins
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April 16, 2018, 07:01:01 PM |
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"Trillions of dollars"? Are you asuming there are a trillion sensors on the planet and one company has to pay for them--otherwise your statement doesn't make sense--though it still doesn't make much sense given there are a few billion IOT devices today and they aren't owned by a single entity.
Companies make money on that data from the devices they own--for example VW's automonous taxi intiative or google delivery drones. Also, they can buy the consumer data from the consumer, which gives them better analytics and market research. Most companies have silos of data sitting in dbs that could be sold on the openmarket through the data marketplace (though that doesn't only apply to data collected by sensors).
I am smart enough to thnk with my head and not to fall into ''data marketplace'' Every blockchain can do that And once again: I will seel data to Google, not Google to other people. That's why IOTA is a treat for Amazon, Google Every blockchain can do feeless and scalable, the things needed to make a data marketplace feasible? Maybe you should go tell them that, because IOTA's the only one testing it. Would be weird that in market of overpromising money grabs, that one of the biggest money makers would be ignored by something anyone can do. /s If the tangle can't find as much as nodes possible the network will relay on coordinator forever. What makes you think that a lot of people will join the IOTA network making it stronger?
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generalizethis
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Facts are more efficient than fud
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April 16, 2018, 07:13:34 PM |
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"Trillions of dollars"? Are you asuming there are a trillion sensors on the planet and one company has to pay for them--otherwise your statement doesn't make sense--though it still doesn't make much sense given there are a few billion IOT devices today and they aren't owned by a single entity.
Companies make money on that data from the devices they own--for example VW's automonous taxi intiative or google delivery drones. Also, they can buy the consumer data from the consumer, which gives them better analytics and market research. Most companies have silos of data sitting in dbs that could be sold on the openmarket through the data marketplace (though that doesn't only apply to data collected by sensors).
I am smart enough to thnk with my head and not to fall into ''data marketplace'' Every blockchain can do that And once again: I will seel data to Google, not Google to other people. That's why IOTA is a treat for Amazon, Google Every blockchain can do feeless and scalable, the things needed to make a data marketplace feasible? Maybe you should go tell them that, because IOTA's the only one testing it. Would be weird that in market of overpromising money grabs, that one of the biggest money makers would be ignored by something anyone can do. /s If the tangle can't find as much as nodes possible the network will relay on coordinator forever. What makes you think that a lot of people will join the IOTA network making it stronger? Beacause Bosch, VW, Fujitsu, Taiwan, Finland and whatever major user of the IOT will want to secure their tx. If I didn't see interest from these types of orginizations, I wouldn't have invested. These people have a well researched need and aren't going to bother unless they think their needs can be met.
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TCTDev
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April 16, 2018, 07:15:18 PM |
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I really like this project. I think that this coin will become one of the most successful coins in 2018. I invested in IOTA and I believe that this will increase my capital.
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luchins
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April 16, 2018, 07:19:29 PM |
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Feeless transactions are a joke, there will always be fees under the form of direct payment or PoW because servers don't run on magic.
Also noone cares about fees as long as they are low and they will being with scaling.
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luchins
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April 16, 2018, 07:21:02 PM |
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Bitcoin Cash.
0-conf is accepted by plenty of merchants and fees are under a cent
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tyKiwanuka
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#birdgang
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April 16, 2018, 07:32:09 PM |
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Bitcoin Cash.
0-conf is accepted by plenty of merchants and fees are under a cent
Still too much for IOT in certain cases. When payments of fractions of a cent are made even "fees under a cent" are too much.
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.....wie die Zeit fliegt.....
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generalizethis
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Facts are more efficient than fud
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April 16, 2018, 07:57:38 PM |
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Feeless transactions are a joke, there will always be fees under the form of direct payment or PoW because servers don't run on magic.
Also noone cares about fees as long as they are low and they will being with scaling.
The POW for an IOTA tx is trivial, so it would equivalent to logging onto here. Would you use Bitcointalk or a Bitcointalk that charged you 0.11 a post--now multiply that decsion making a million times to get a glimpse into how corporations and goverments veiw this problem. Even if a fee is a penny, would you use it for subpenny transactions in the billions--especially if a feeless network exist? You should probably research the needs of the IOT--you're spouting off nonsense.
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cryptojaani
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April 17, 2018, 01:59:57 PM |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
I was one of the earliest investors of Iota and no doubt it is one of the high potential coin in the market. IOTA has been on the top but oftentimes lower than the top 10 list. But lately, IOTA has finally landed on the top 10. This is a very big step for IOTA. Right now, IOTA has reached the ninth rank with a market cap of more than 3.2 billion in US dollars. The price per IOTA has already reached $1.16 dollars. There will be more to come for this coin.
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luchins
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April 17, 2018, 02:09:48 PM |
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I tried once to talk about IOTA in a forum.
This was this answer: ''Aahahahah IOTA''
IOTA doesn't have a wallet.
In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)
There are alternatives in the market with a fewer coin supply , I am talking about CPCchain, Streamr, IOT chainn
Iota is already priced in
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tyKiwanuka
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#birdgang
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April 17, 2018, 02:19:12 PM |
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IOTA doesn't have a wallet.
Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ? In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)
I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ? Iota is already priced in
What is already priced in ?
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.....wie die Zeit fliegt.....
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Ortorturus
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April 17, 2018, 02:21:19 PM |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete.
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luchins
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April 17, 2018, 03:07:39 PM |
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IOTA doesn't have a wallet.
Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ? In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)
I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ? Iota is already priced in
What is already priced in ? With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking
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langdong
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April 17, 2018, 03:34:28 PM |
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IOTA doesn't have a wallet.
Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ? In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)
I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ? Iota is already priced in
What is already priced in ? With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking Sure you can. Why shouldn't you?
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aardvark15
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April 17, 2018, 03:46:27 PM |
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IOTA doesn't have a wallet.
Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ? In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)
I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ? Iota is already priced in
What is already priced in ? With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking I actually think the price can go up because more money will come into the cryptocurrency economy eventually. The total market cap is around 350 billion. Since we are still in the early days of this new technology, we can expect that market cap to keep rising. Bitcoin will get into the trillions at some point. I don’t see why IOTA couldn’t get to 100 billion if Bitcoin is in the trillions.
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luchins
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April 17, 2018, 04:50:44 PM |
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IOTA doesn't have a wallet.
Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ? In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)
I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ? Iota is already priced in
What is already priced in ? With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking I actually think the price can go up because more money will come into the cryptocurrency economy eventually. The total market cap is around 350 billion. Since we are still in the early days of this new technology, we can expect that market cap to keep rising. Bitcoin will get into the trillions at some point. I don’t see why IOTA couldn’t get to 100 billion if Bitcoin is in the trillions. Tell us one reason why bitcoin should have a trillion market cap Bitcoin is not the Nasdaq, bro. You can not replace the precedent performance of the burst of dot.com bubble and comparing with this bubble. Things are similar, but not the same Nasdaq collects all the tech stocks, bitcoin is a shit coin with archaic tech. There is no garantee Bitcoin will resemble the 2000 Nasdaq's performance. Put this in your mind.
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luchins
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April 17, 2018, 04:55:39 PM |
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Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.
IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete. it will became because too promises but still no working product, AFTER 5 years of development The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network. When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0
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