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Author Topic: IOTA is the next big thing  (Read 45349 times)
generalizethis
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July 24, 2018, 12:11:20 PM
 #1361

I do not think IOTA is a potential coin, so I will never invest in IOTA again. People have always supported IOTA and thought that the price of IOTA would increase dramatically. But I feel sorry for the IOTA development team. because they are too inexperienced


My nice response:

The IOTA team has people from Eclipse, Fujitsu, VW, Universities and even the creator of the first POS coin--you really need to research to avoid bad assumptions: https://www.iota.org/the-foundation/team (and for more details on each of the team member's prior work, you can find data here https://medium.com/@DavidSonstebo ).

What I'd like to say:

IOTA is trying to fix the scalability problems POW can't fix and do it in a way IOT devices can actually use it--those are two huge problems that no one has conquered (ever), so let's not pretend it's as easy as copy/pasting other people's work and getting it on a few exchanges. The Dunning Kruger effect in crypto is mind boggling--idiots just running their mouths without the slightest clue of what's happening. Go do some research and stop wasting my time.
 

indodaks
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July 24, 2018, 12:43:06 PM
 #1362

I bought IOTA at the beginning of 2017 and I have got a lot of profit from IOTA, I'm sure it will still be the most potential coin in the future,
generalizethis
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July 24, 2018, 05:10:10 PM
 #1363

Anes Hodzic joins the IOTA Foundation: https://blog.iota.org/welcome-anes-hodzic-to-the-iota-foundation-2864f95b91b4

Anes Hodžić is Vice President Digital Transformation and Internet of Things (IoT) at Digital Transformation Office of Airbus Group. He is responsible for strategy and execution of IIoT initiatives across Airbus divisions and drives Digital Transformation of the company on the Group level. He is an execution driven professional with a strong entrepreneurial mindset, strategic thinking, passion for digital disruptions and new business creation. He managed strategic corporate projects, led customer engineering of electric and self-driving cars, and has board of directors’ experience.

He joined Airbus in 2017 after 12 year working journey with BOSCH from R&D trainee to general manager of connected services business unit. He possesses wide industry experience in Automotive, Telecommunications, Consumer Electronics, and Aerospace.

Anes holds a doctoral (Dr.-Ing.) and a diploma degree in electrical Engineering / Telecommunications from the Technical University Berlin, Germany and an executive MBA degree from Ashridge Business School, UK.

On joining the IOTA Foundation

"Future cross-industrial deployment of Industrial Internet of Things use-cases requires innovation solutions for data exchange, transactions management, and process traceability. Distributed ledger technology (DLT) provided by IOTA and its recent developments, can be an important game changer for novel business models and IoT enabled use-cases, focusing on providing value-add in industrial context and beyond.

It is my pleasure to join the advisory board of IOTA foundation. I’m looking forward to help IOTA team driving the revolution of IIoT by enabling disruptive industrial use-cases and new big data driven business models."

nysefloortrader
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July 25, 2018, 01:58:00 AM
 #1364

I do not think IOTA is a potential coin, so I will never invest in IOTA again. People have always supported IOTA and thought that the price of IOTA would increase dramatically. But I feel sorry for the IOTA development team. because they are too inexperienced


My nice response:

The IOTA team has people from Eclipse, Fujitsu, VW, Universities and even the creator of the first POS coin--you really need to research to avoid bad assumptions: https://www.iota.org/the-foundation/team (and for more details on each of the team member's prior work, you can find data here https://medium.com/@DavidSonstebo ).

What I'd like to say:

IOTA is trying to fix the scalability problems POW can't fix and do it in a way IOT devices can actually use it--those are two huge problems that no one has conquered (ever), so let's not pretend it's as easy as copy/pasting other people's work and getting it on a few exchanges. The Dunning Kruger effect in crypto is mind boggling--idiots just running their mouths without the slightest clue of what's happening. Go do some research and stop wasting my time.
 

Yes, do not let these morons get to you.

They have been in crypto for 3 weeks, and tell their family they are an expert  Grin Grin Cheesy Cheesy

The thing that sold me on IOTA is that no Fees, and quatum immunity.

For the newbies in here let me bold that again :- no Fees, and quatum immunity.

That is right!!, what other coins are sharing these capabilities.  Grin Please post them below...

* having a hard time are we* LOL

IOTA under $1 is very very very VERY cheap! if we are looking out years from now.

dragonball12
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July 25, 2018, 03:34:03 AM
 #1365

 I already have some IOTA but i´ll definitely research a little more and maybe fill in The bag more. Off-topic but i believe it´s a new disruptive tech can i have your opinion on Xtrabytes, XBY. It´s cheap, don´t know if undervalued and as you stated about IOTA the tech  itself it´s not easy to understand
generalizethis
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July 25, 2018, 08:58:24 AM
 #1366


https://twitter.com/BMWGroup/status/1021792242439282688?s=19


Nice to see that BMW knows there's a difference between a blockchain and IOTA's tangle.

generalizethis
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July 25, 2018, 09:36:34 AM
 #1367

Article on the cooperation between IOTA and the UN: https://medium.com/@markusgebhardt/iota-and-unops-an-important-cooperation-4ec3ecd8b81b

FishsHumnsToo
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July 25, 2018, 10:18:26 AM
 #1368

I read an article that IOTA as an idea the project is great, but it's not working at the moment. And there are many nuances that do not allow to realize these technologies
generalizethis
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July 25, 2018, 05:43:23 PM
 #1369


Audi think tank and IOTA foundation explore tangle based mobility usecases: https://blog.iota.org/audi-think-tank-iota-foundation-explore-tangle-based-mobility-use-cases-29d43e1cf51

yurimir
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July 26, 2018, 11:26:49 AM
 #1370


Audi think tank and IOTA foundation explore tangle based mobility usecases: https://blog.iota.org/audi-think-tank-iota-foundation-explore-tangle-based-mobility-use-cases-29d43e1cf51

IOTA partners AUDI to seek “intelligent approaches” for mobility

IOTA Foundation has made an announcement on 25th July, 2018 about its collaboration with the AUDI Think Tank.  The underlying objective behind this announcement has been IOTA’s continuous efforts to design and develop mobility ecosystem based on no permission. IOTA Foundation has led to the development of IOTA protocol which functions as an advanced technology characterised by its distributed ledger.

On the official Twitter account of IOTA token, it is posted,“Audi Think Tank & IOTA Foundation explore Tangle-based mobility use cases https://blog.iota.org/audi-think-tank-iota-foundation-explore-tangle-based-mobility-use-cases-29d43e1cf51  #IOTA #Mobility” A member of Twitter called OliverHoerr posted in this context, “Sounds like a great topic for a Design Sprint. Would be interesting to hear more about the outcome.”

An innovation in the distributed ledger technology is exemplified by the Tangle. This is designed keeping in mind the environment of Internet of Things [IoT].  Due to its open-source protocol that permits interactions at Machine-to-Machine level, Tangle can ensure transfer of data with all security. It equally involves micropayments at real time basis and also collection along with distribution of sensor based or Oracle types of data.

The development team of the Foundation has recently come up with such an advanced concept of Tangle. It functions independently without any support from the blocks. The verification of the transaction is conducted with the help of Proof-of-Work by the device. The technology has found an extensive application in diversifying fields like biometrics, identity cards formed digitally and data market place.

https://bcfocus.com/news/iota-partners-audi-to-seek-intelligent-approaches-for-mobility/19507/
sne.su
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July 26, 2018, 01:17:07 PM
 #1371

The future will somehow be connected to the Internet of things more and more. I think this coin will show us a few hundred more X's. Success is guaranteed, it remains only a matter of time.

nysefloortrader
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July 26, 2018, 10:10:59 PM
 #1372

The future will somehow be connected to the Internet of things more and more. I think this coin will show us a few hundred more X's. Success is guaranteed, it remains only a matter of time.

yes, i agree. In 2 years, this is a longer term one, but i imagne computers / internet connected to more physical devices, so an IOTA fueled world will take over in 5 years. SO this is ground floor.

Look at some of the negative comments in here, they said BITCOIN was a scam at $1 and look at that now. I think IOTA could be one of those stories.

no fee, and the quatum computing thing, this is going to explode 1000x for the right patient investor.

I feel like Im on a good wicket with this one. They are just dealing with alot right now and wallet fixes....

Im leaving this, and have huge money in IOTA i feel its one to just stick in your bottom draw and forget about
for 5 years or so.

Longevity and good success in a very specialised environment here, which tells me where are the markets
maybe come a little unstable this one will always hold it going if not better so it should not lead you into
too many downward spiral in IOTA at all.

I hear also that there are management issues at the moment too, but I was impressed what I heard at the seminar in AUSTRALIA.

I see Improvement after improvement but DONT give in to the inconsistencies of other people& talk.
This is innovative it has good balance good opportunity and even though the market around it may fluctuate.
IOTA just feels like a bit of a dark horse right now, but i can tell you that it is NOT!!!

it will come through giving you what you need if not better that x100 your initial investment I feel, just a guess.

Im not stressed about my IOTA investment, like i said, buy it and forget about it for 4-5 years, and you will be happy!

generalizethis
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July 27, 2018, 03:56:49 PM
 #1373

Creator of Qlite used it to develop a farming game: http://qame.org/tanglefarm

Noelnada
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July 27, 2018, 04:02:45 PM
 #1374

I find the concept of tangle very fascinating but I don't see much use for it in the very near future, I really like the project and the fact it is German and has many partnership but for the time being, I will rather invest in Bitcoin and other projects which in my opinion will be adopted faster. To me it seems much overvalued for the current real value it bring to the world but I am sure it will be a big thing in the future yes.

As other says it's mostly a matter of when and how long you want to wait though.

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July 27, 2018, 05:59:19 PM
 #1375

I find the concept of tangle very fascinating but I don't see much use for it in the very near future, I really like the project and the fact it is German and has many partnership but for the time being, I will rather invest in Bitcoin and other projects which in my opinion will be adopted faster. To me it seems much overvalued for the current real value it bring to the world but I am sure it will be a big thing in the future yes.

As other says it's mostly a matter of when and how long you want to wait though.
The fact is that a lot of investors put a lot of money into the crypto currency and today there is no other way out than to wait as long as it takes. In any case, the crypto currency has a future, That's just Which coin will live and which one is not, This is a big question.
mummybtc
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July 27, 2018, 07:23:21 PM
 #1376

I read an article that IOTA as an idea the project is great, but it's not working at the moment. And there are many nuances that do not allow to realize these technologies

True, the idea behind it is good but they need to show this indeed work. This is the problem with most projects in the space valued in Billion of Dollars but still base their valuation of specualtion. It would be a good thing to see this work and move the space into mainstream. IOTA show some promises earlier until all the account frozen issues that got me worried
Bambam28
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July 27, 2018, 08:20:54 PM
 #1377

I keep this coin in a long-term investment portfolio. I think that this coin will be very expensive in a few years and will bring me a good profit.

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July 30, 2018, 04:15:15 AM
 #1378

I keep this coin in a long-term investment portfolio. I think that this coin will be very expensive in a few years and will bring me a good profit.

well said, people are putting their life savings into this expecting to get rich. This is a long term thing, and those who wait 2-3 years, and dont look at the daily swings are those who will win.

5 years from now, people will talk about, how they had a chance to get in IOTA when it was 0.90 cents.

But U  have it right, its as long term thing. Not get rich by tomorrow. Once wallet issues get fixed, and people encapsulate the ideas of this, will be HUGE

Right now this is like not even at seedling stage.

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July 30, 2018, 04:31:56 AM
 #1379

I think IOTA has great potential and with IXI Hub is going to be the next big thing in 2 ways IMO. For one, it's likely the next official release, but also because we're still in the speculation phase. The Hub will make it easier for more exchanges to offer IOTA, raising the ceiling of our speculative value.
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July 30, 2018, 06:46:23 AM
 #1380

Iota does not get a transfer fee. This feature is very nice. He's using the POS system. The price will rise to 2 dolars in a short time.

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