Iota buggy? Does it have potential?

[Duallimit]

I see a lot of "I heard from a friend" and "it seems that" arguments in this thread.
Have any of you really studied the tech and potential of IOTA?

IOTA is only project I know of that offers a permissionless feeless (in theory unlimited scalable) platform for IoT.
It is currently in beta, and yes with a coordinator! But this is needed to start up the thing. Step by step things are getting better.

But hey, maybe Bosch, Fuijitsu, VW, DXC, Porsche are totally wrong about their choice to support IOTA foundation.
Looking forward to June 3rd when more about Qubic will be revealed, which is going to offer smart contracts, oracles and outsourced computing.
Ethereum, here we come!

A bottle of whiskey for this gentleman. Totally agree with you. It is foolish to think that such large companies will invest money and time in a dubious project. Let these people not believe. In the end, thanks to someone else, Iota owners must earn money.

[m.vina]

I've been really excited about the potential of IOTA, but a friend of mine says it's really buggy at the moment.  Is that true?  Does it still have potential or should I stay way.

Not to discount the fact that IOTA indeed has great potential, but the problem is development has been really slow and it already has been overtaken by competitors like IOST or IOS (internet of services). The thing is, the IOTA website rebrand is just front end, nothing has really still happened with the project.

[biletskiy]

I consider IOTA is a promising coin. If your portfolio still does not have it, I advise you to take a closer look at this coin. Especially now when the market is in a dump.

I believe that IOTA has really the greatest potential. I have been holding many of these coins in my wallet as I believe that the alt will rise a lot. Many people are interested in buying goods for IOTA on the internet.

[squallw]

Iota has good project but in the real world it doesn't work.
I lose 1127 iota, at current price 0.26BTC by hacker that exploited the tangle.
Wasn't my fault, i didn't expose my seed, i just stored my coins at tangle and someone stole it.

Tangle is totally unsecure, don't trust it.

[generalizethis]

Iota has good project but in the real world it doesn't work.
I lose 1127 iota, at current price 0.26BTC by hacker that exploited the tangle.
Wasn't my fault, i didn't expose my seed, i just stored my coins at tangle and someone stole it.

Tangle is totally unsecure, don't trust it.

You're full of shit. The network has never been hacked. The security on a seed is higher than Bitcoin, so unless you reused an address or created a seed with low entropy, your IOTA are fine. My guess is you didn't reattach your address after a snapshot and didn't bother to troubleshoot.

What's your address?

[stronghands4lyfe]

It has potential to remain buggy and as a result I would advise you to stay away. But one thing we can take away from this IOTA disaster of a blockchain is that any blockchain can ascend to the top 10 without even being complete. Don't know if that is a pro or con for you, but I am fond of the speculation right now.

[nguyenkhanhhung14]

Although IOTA has high rank on CMC and there are a lot of investors or traders said that IOTA has very good potential in the future but as I know IOTA was created long time ago but seem like pricec of this cryptocurrency can reach to higher ATH price. Seem like there are no more potential in the future for this cryptocurrency anymore . Stay away from it is a good idea cause there are a lot of other better cryptocurrencies that you can choose to invest

[kryptqnick]

Hey Guys,

I've been really excited about the potential of IOTA, but a friend of mine says it's really buggy at the moment.  Is that true?  Does it still have potential or should I stay way.

IOTA indeed has some problems with code. I remember there was time when people were complaining that their balance in official wallets is showing 'zero' when there's supposed to be something there. Another time there was a pretty big hack of the official wallet, so many people lost their money. This crypto has problems, but it also has a potentially amazing revolutionizing tech and truly great use cases. Internet of things is out here already and will be in our reality even more as our technologies become more sophisticated.

[squallw]

Iota has good project but in the real world it doesn't work.
I lose 1127 iota, at current price 0.26BTC by hacker that exploited the tangle.
Wasn't my fault, i didn't expose my seed, i just stored my coins at tangle and someone stole it.

Tangle is totally unsecure, don't trust it.

You're full of shit. The network has never been hacked. The security on a seed is higher than Bitcoin, so unless you reused an address or created a seed with low entropy, your IOTA are fine. My guess is you didn't reattach your address after a snapshot and didn't bother to troubleshoot.

What's your address?

I didn't said that network has hacked, but exploited.
My seed was ok, but some problem with reattach, i did dozen times and didn't work, some one did that wasnt't me and stole my funds from 1 address not from entire balance from seed:
https://forum.helloiota.com/Topic1814.aspx

[generalizethis]

Iota has good project but in the real world it doesn't work.
I lose 1127 iota, at current price 0.26BTC by hacker that exploited the tangle.
Wasn't my fault, i didn't expose my seed, i just stored my coins at tangle and someone stole it.

Tangle is totally unsecure, don't trust it.

You're full of shit. The network has never been hacked. The security on a seed is higher than Bitcoin, so unless you reused an address or created a seed with low entropy, your IOTA are fine. My guess is you didn't reattach your address after a snapshot and didn't bother to troubleshoot.

What's your address?

I didn't said that network has hacked, but exploited.
My seed was ok, but some problem with reattach, i did dozen times and didn't work, some one did that wasnt't me and stole my funds from 1 address not from entire balance from seed:
https://forum.helloiota.com/Topic1814.aspx

From the linked thread, and what you were told by those trying to help you, you reused an address and revealed part of your address to the world--that's not an exploit, that's someone using brute force after you revealed part of your seed. The same thing that keeps IOTA quantum resistant is why you don't reuse adddresses, sorry you had to learn that the hard way, but it's not a network insecurity--and that's the way you were trying to frame it. If you don't understand the technology, you shouldn't be using it--it's not a BTC clone and you can't assume it works the same. Luckily the newer wallets won't allow you to make this mistake, but the early wallet was released as barebones and was explained as such to the community who demanded after the devs weren't going to release one at all. TBH, I wish they had only released a CLI, as Monero did early on, so noobs wouldn't even be able to use it and create this type of negative feedback based on their false assumptions about BETA technology.

[Enzo05]

Hey Guys,

I've been really excited about the potential of IOTA, but a friend of mine says it's really buggy at the moment.  Is that true?  Does it still have potential or should I stay way.

I love IOTA since then and I also see this issue  on their news . Apparently I can see this crypto will have a potential because of its popularity .

[squallw]

Iota has good project but in the real world it doesn't work.
I lose 1127 iota, at current price 0.26BTC by hacker that exploited the tangle.
Wasn't my fault, i didn't expose my seed, i just stored my coins at tangle and someone stole it.

Tangle is totally unsecure, don't trust it.

You're full of shit. The network has never been hacked. The security on a seed is higher than Bitcoin, so unless you reused an address or created a seed with low entropy, your IOTA are fine. My guess is you didn't reattach your address after a snapshot and didn't bother to troubleshoot.

What's your address?

I didn't said that network has hacked, but exploited.
My seed was ok, but some problem with reattach, i did dozen times and didn't work, some one did that wasnt't me and stole my funds from 1 address not from entire balance from seed:
https://forum.helloiota.com/Topic1814.aspx

From the linked thread, and what you were told by those trying to help you, you reused an address and revealed part of your address to the world--that's not an exploit, that's someone using brute force after you revealed part of your seed. The same thing that keeps IOTA quantum resistant is why you don't reuse adddresses, sorry you had to learn that the hard way, but it's not a network insecurity--and that's the way you were trying to frame it. If you don't understand the technology, you shouldn't be using it--it's not a BTC clone and you can't assume it works the same. Luckily the newer wallets won't allow you to make this mistake, but the early wallet was released as barebones and was explained as such to the community who demanded after the devs weren't going to release one at all. TBH, I wish they had only released a CLI, as Monero did early on, so noobs wouldn't even be able to use it and create this type of negative feedback based on their false assumptions about BETA technology.

I didnt reuse the address. My balance gone to 0 because of tangle shit and i just tried to retrieve by reattach it, but didn't work, in this time i got hacked. Reattach in the iota is very bugged and doesn't work as should be.
Anyway, so, lets spread to the 99% of people to avoid IOTA, because 99% dont have dev skills and i'm sure that dont understand how the technology works, about reattach, keyreuse, bruteforce, retrieve from snapshot or how to avoid a reveal of half of seed, etc.

Crypto was suppose to be user friendly. The truth is that blockchain is 100% secure until now and even basic users can use it safely and tangle is a unsecure bugged technology that is only for experts.
The idea of the project, about Internet of Things is very good, is really amazing. 1st time that i read about, i really thought that if someday some coin could defeat bitcoin, it could be IOTA, but in the real world it never gonna happen because tangle is shit.
So people, if you aren't a programmer/dev/expert, don't use buggIOTA.

[Klovezio]

Although IOTA has high rank on CMC and there are a lot of investors or traders said that IOTA has very good potential in the future but as I know IOTA was created long time ago but seem like pricec of this cryptocurrency can reach to higher ATH price. Seem like there are no more potential in the future for this cryptocurrency anymore . Stay away from it is a good idea cause there are a lot of other better cryptocurrencies that you can choose to invest

agree. IOTA is the big gainer. and the one I will keep long term as it’s much potential and already working with many huge companies.

[uthinkimfukinstupidhans]

Not touching this coin, massively overvalued imo

As far as IoT projects go, cpchain looks like a better bet considering the current market cap

[tylerik1]

Yes it seems like that this bug is true, but anyways. I think that IOTA has a very great potential to grow up in the next couple of weeks. It already pumped a lot since the last dump and this is a good sign for me.

[_bitnews_]

IOTA has a huge potential, so don't listen to those who say the opposite. Look how many large partnerships IOTA has concluded and you will immediately understand that it has just started to develop.

[CowboyX]

IOTA coins have huge potential! Cool idea and if it all comes true, then the price of this coin will only grow! I myself am a holder and do not intend to sell

[yslyv]

well iota has still very strong potential for the future. but on the other hand so many new projects are coming about internet of things nowadays so they want to take a share from the pie as well such as hdac.

[republicrypto]

Hey Guys,

I've been really excited about the potential of IOTA, but a friend of mine says it's really buggy at the moment.  Is that true?  Does it still have potential or should I stay way.

for me IOTA still have a lot of potential,,
if you want to invest in IOTA, its better if you doing your own research first
do not invest because a suggestions from your friend
regards

[adroitful_one]

Hey Guys,

I've been really excited about the potential of IOTA, but a friend of mine says it's really buggy at the moment.  Is that true?  Does it still have potential or should I stay way.

for me IOTA still have a lot of potential,,
if you want to invest in IOTA, its better if you doing your own research first
do not invest because a suggestions from your friend
regards

I think IOTA can be pretty huge this year or the next. It's definitely been on my spotlight for a few months now. It's a really solid project and there's quite a few people predicting good things for it in the next couple of years. If you're going to get in on it, now is definitely a good time.