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Author Topic: IOTA on the market a testcoin, a scam and only a FORK of the TRUE IOTA net  (Read 431 times)
ifinta (OP)
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August 07, 2019, 04:49:52 AM
Last edit: March 08, 2020, 03:06:25 AM by ifinta
Merited by tmfp (2), mindrust (1)
 #1

Just read:

https://www.businesswire.com/news/home/20190528005495/en

It will be succeeds AFTER SOME YEAR's on the DL Market to remove a central server? As the BEST Solution for DLT?Huh ((Maybe... They doing the job. Hopefully...))
It was MAYBE a PRERELEASE on the market Cheesy Huh? With many pre-pre Announcement?Huh

And the Deutsche Bahn searching IOTA programmers... For DLT projects.
(( Maybe it was donated through Deutsche Bank??? Cheesy Maybe Deutsche Bank will be rescued then. Or?Huh ))



from https://twitter.com/durerus/status/1157759038442168320

----- Sorry, I must to insert this new link (the delusion is already SURE) today (February 16. 2020):
https://dailyhodl.com/2020/02/14/cryptocurrency-iota-attacked-881-million-network-paused-as-investigation-into-stolen-funds-begins/

----- Sorry, I can publish my conclusion already (the IOTA's on the maket only test-coins, a scam and only a fork of the true IOTA development - March 8. 2020):
https://bitcointalk.org/index.php?topic=1216479.msg53985247#msg53985247

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August 07, 2019, 05:40:45 AM
Last edit: November 25, 2019, 09:59:23 PM by ifinta
 #2

But maybe succeeds: Coordinator will be stopped, and IOTA DB remains consistent. ((What an amount token in which value in danger???  $777 845 985 USD at this time... IOTA Marketcap today... ))

Then should be succeed to do automatically snapshots.
And THEN will be possible to do a very simple attack agains IOTA net, as I described it on IOTA AMA on 17 Juni - 2017 ... Before i.e. Bitfinex start.

https://www.reddit.com/r/Iota/comments/6hugtq/ask_us_anything/dj19ss8?utm_source=share&utm_medium=web2x


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August 07, 2019, 05:54:49 AM
 #3

Centralized piece of shitcoin. Don't hesitate to say it, that's uh scam.

These are well known information by the way. People just don't care as long as their shitcoin makes them money.

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August 07, 2019, 10:13:48 AM
 #4

This is a nice summary from @ifinta about the pitfalls of IOTA. Nice work man, keep it up$.
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August 07, 2019, 12:33:40 PM
Last edit: November 25, 2019, 09:59:44 PM by ifinta
 #5

Just read:

IOTA is already in SEWER:

https://satoshiwatch.com/coins/iota/articles/iota-sewer-crypto-currencies-exchanges/



In short: it isn't crypto at this time, it isn't more as a server - client app, but not as cheap as a normal server - client application, but it stealing from the European People EARNS from the EU (and this is ONLY one grant) a little donation:

20 000 000 EUR (sorry - it is "THE OWN REVENUE STREAM" of the IOTA Foundation. Beautiful. Congratulation. Such a development need's no support through crypto exchanges, I think, it is a truth.)

https://blog.iota.org/green-light-from-the-eu-commission-for-iota-and-the-european-smart-city-consortium-cityxchange-f7928aef33ac



The Project should be already started. Or? Based on IOTA? Ahhhh. And IOTA has the Coordinator? Ahhhhhhhhh. But yes. EU has a Coordinator also. Or? A well payed Coordinator, I think.

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October 23, 2019, 04:30:07 AM
Last edit: January 02, 2020, 11:38:51 AM by ifinta
 #6

If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

I deleted it, because some changes in the development of IOTA. I got some hope...
Please read this post, below, also:

...
Aber Ihr macht das Whole sicher g'scheid.

I read this article. Seems promising. Sometimes we should consider, we are only humans, and we should check, what we do or say. Sometimes is better to change the opinion, plan - as hold a wrong direction.
I am very curious.

https://blog.iota.org/iota-research-status-update-december-2019-db1387d347f7

About the scam. I think, the net on the public isn't main-net. It is only a kind of test-net, a start-up net. If you starting later a real net - and the people in the original ICO will be considered as investors, with some stake,
I can't hold my opinion about the scam. If you gives this stake to the original investors also - then IOTA wasn't a scam, I think.

Best wishes!

Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...

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October 23, 2019, 02:43:06 PM
 #7

so what is your point?

that it will be vulnerable because of enormous amounts of data?

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October 23, 2019, 06:59:40 PM
Last edit: February 16, 2020, 07:53:36 AM by ifinta
 #8

so what is your point?

that it will be vulnerable because of enormous amounts of data?

Yes. As blockchain also. But IOTA has no transmission fee. It is possible to establish a new address(queue) with only some IOTA's.
A very cheap attack. The snapshot can reach a very big chunk of data - in some month. As I described in reddit.

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October 24, 2019, 05:24:34 AM
 #9

If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

i.e. with this foto, as a member, i.e. "Product Owner" or similar...

If you already got a such scam, please ask the team again, and if they don't deleted my photo - please post here the project and the details, what do you know already about the scam...
Many thanks for everybody.

https://i.imgur.com/EauTN2Q.png
Sorry, i have tried to read what you just wrote up the but i have failed to understand. Do you mean to say IOTA put up your profile claiming that you are part of their team?

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October 24, 2019, 07:41:57 AM
Last edit: November 25, 2019, 10:00:31 PM by ifinta
 #10

If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

i.e. with this foto, as a member, i.e. "Product Owner" or similar...

If you already got a such scam, please ask the team again, and if they don't deleted my photo - please post here the project and the details, what do you know already about the scam...
Many thanks for everybody.

https://i.imgur.com/EauTN2Q.png
Sorry, i have tried to read what you just wrote up the but i have failed to understand. Do you mean to say IOTA put up your profile claiming that you are part of their team?

It can be, somebody trying to scam others, "ifinta a member a project, which supports IOTA". IOTA is a scam, I am engineer, if I detected a project as a SCAM, I don't support it any more...
I think IOTA will be implemented (maybe?), as it "needed", as quantum computers will be ready to attack i.e. Bitcoin network. Up to this time many scientists (and fraudsters also) will be earn well from both projects.
Maybe more scientists working on quantum computers... Please see other opinions also about the projects:

https://bitcointalk.org/index.php?topic=5195405.0

 

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November 24, 2019, 10:58:20 AM
Last edit: November 25, 2019, 10:00:47 PM by ifinta
 #11

FYI

Just some "news" about IOTA:

https://blog.iota.org/simulation-study-of-fpc-5b9e8b5a6910

The real information about IOTA, as I read this article:

1.) the question in the IOTA AMA won't answered. The attack (not a byzantine attack, but only one (!) very simple attack, which one was already identified in IOTA AMA in early 2017) is remained possible.....
2.) and the REALITY also included. IOTA not a P2P system at this time as i.e. Bitcoin or Litecoin are P2P since the start of the network. IOTA is only an experiment, or a research. After some years of the start of the "REAL" IOTA network?

But IOTA is listed also in coinmarketcap.com......

(as XRP, and USDT, and ... . I know, they are also not TRUTH AND GREEN CRYPTO's as i.e. ARDOR (formerly NXT), QTUM, OBYTE, ... .
Yes, I know, coinmarketcap.com is a .com organization also - not able to live without a grant of our old, corrupt, idiot money-system.
Yes, I taste at this time, that coinmarketcap.com not more able to represents TRUTH P2P CRYPTO's anymore!)

Maybe is IOTA only a scam? Or a simple decoy for some (or only one?) big, and targeted anonymous investors in our formerly truth p2p crypto world? Maybe in Russia? Or in Germany? Or in the USA? China? ...
What are you thinking about, Durerus? Or you, Luey Forje?

I think, in the start of the REAL (and well P2P and well tested) IOTA network, we should start the REAL NET with the set of the (remained) investors,
from the last official snapshot before this coordinated REAL-SCAM IOTA network was started! We did the development real - through early investments in the ICO and investments to the IOTA Foundation.

Maybe we should do it - in a fork? IOTA Classic? Cheesy

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November 24, 2019, 04:16:46 PM
 #12

And the Deutsche Bahn searching IOTA programmers... For DLT projects.
(( Maybe it was donated through Deutsche BankHuh Cheesy Maybe Deutsche Bank will be rescued then. Or?Huh ))
You do realize that this is some great nonsense you're talking here, right?
Or what else do you imply with that? What does a local transportation service share with a f'ed up bank? Huh

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November 24, 2019, 04:40:02 PM
Last edit: November 25, 2019, 10:01:04 PM by ifinta
 #13

And the Deutsche Bahn searching IOTA programmers... For DLT projects.
(( Maybe it was donated through Deutsche BankHuh Cheesy Maybe Deutsche Bank will be rescued then. Or?Huh ))
You do realize that this is some great nonsense you're talking here, right?
Or what else do you imply with that? What does a local transportation service share with a f'ed up bank? Huh

It isn't a nonsense. It is terrible. IOTA is a simple scam, not a P2P system. IOTA donated through EU as a DLT project. What should I say more??? It is terrible.

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November 24, 2019, 10:51:14 PM
 #14

Your title says
Quote
I think, IOTA can be the biggest delusion ever ( not a scam of course Cheesy )...

And then here you say
IOTA is a simple scam, not a P2P system.

What exactly is the point of this thread? Is it a scam accusation or just some other thread taking about weaknesses of a project?
If it's the later then i would suggest you would move this kind of thread to Altcoin discussion.

If you are to make a scam accusation in this board, then be straight to the point and not just beat around the bush.

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November 25, 2019, 08:08:52 AM
Last edit: November 25, 2019, 10:01:19 PM by ifinta
 #15

Your title says
Quote
I think, IOTA can be the biggest delusion ever ( not a scam of course Cheesy )...

And then here you say
IOTA is a simple scam, not a P2P system.

What exactly is the point of this thread? Is it a scam accusation or just some other thread taking about weaknesses of a project?
If it's the later then i would suggest you would move this kind of thread to Altcoin discussion.

If you are to make a scam accusation in this board, then be straight to the point and not just beat around the bush.

Yes, this thread is a scam accusation, but at the start I wasn't able to decide it. Such simple. Many people hoped, IOTA not a scam.
Big companies in the EU and Worldwide hopes it also. They will get maybe (!!!) a new DLT technology later. And I see, IOTA Foundation get support from governments. Yes, later they get maybe (!!!) this new DLT technology also...

But IOTA is a simple scam, I taste it already.

It isn't a project weakness, I think, because since many years IOTA on the DLT Market, but it running with a help of a central server (the Coordinator) => it means, it isn't a DLT Project.
IOTA network at this time only a test-network, to research and develop a new kind of DLT, but not a real network of a serious DLT Project. Many early investors left the project already... I am also leaved it.
If it success to develop a new kind of DLT, then would be fair to start after the research a real-network, of course with original early investors...... I think.
The start in the middle of 2016 of  the IOTA network was only a start of a test-network.

We can buy on exchanges only test-MIOTA's since years!!!... It is a significant signal for a scam. The project should be delisted from every platform, where real DLT projects listed... i.e. coinmarketcap.com, coin360.com, bitcointalk.org should show, IOTA is a scam, ... We should consider it already.

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November 25, 2019, 09:19:18 PM
 #16

Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it?
Quote
I think, IOTA can be the biggest delusion ever ( not a scam of course Cheesy )...

bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed.

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November 25, 2019, 09:58:26 PM
 #17

Yes, this thread is a scam accusation, but at the start I wasn't able to decide it.
......
But IOTA is a simple scam, I taste it already.
Then do the needful like first changing your Title. I doesn't seem to suggest that IOTA is scam, does it?
Quote
I think, IOTA can be the biggest delusion ever ( not a scam of course Cheesy )...

bitcointalk.org should show, IOTA is a scam, ... We should consider it already.[/b]
Scam is not morderated here so don't expect admin to do anything about it. It's your duty as a member to create a scam accusation with clear evidence and proof that a project is scam is you have been scammed or believe people are likely to be scammed.

Please. I did.

IOTA is scam because IOTA isn't a DLT, but listed, managed as a DLT, since YEARs here, on bitcointalk.org at this time also. Please ADMINs, do what is to do, in  a such situation. We (community of bitcointalk.org) shouldn't scam people with scam projects as IOTA i.e. ...

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December 07, 2019, 01:20:18 PM
 #18

...
Aber Ihr macht das Whole sicher g'scheid.

I read this article. Seems promising. Sometimes we should consider, we are only humans, and we should check, what we do or say. Sometimes is better to change the opinion, plan - as hold a wrong direction.
I am very curious.

https://blog.iota.org/iota-research-status-update-december-2019-db1387d347f7

About the scam. I think, the net on the public isn't main-net. It is only a kind of test-net, a start-up net. If you starting later a real net - and the people in the original ICO will be considered as investors, with some stake,
I can't hold my opinion about the scam. If you gives this stake to the original investors also - then IOTA wasn't a scam, I think.

Best wishes!

My acc's: ifinta66 on the twitter *O* ifinta on LinkedIn
About Charm - a kind of 'No' Money *O* OUR IEO on ODEX Exchange ... *O* About Vortexledger (Planned algo PoSL) *O* A kind of Tangle ... *O* OpenSC4D
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January 02, 2020, 11:39:21 AM
 #19

If you detected, I am a member of a project for IOTA, just consider a such project SCAM.

I deleted it, because some changes in the development of IOTA. I got some hope...
Please read this post, below, also:

...
Aber Ihr macht das Whole sicher g'scheid.

I read this article. Seems promising. Sometimes we should consider, we are only humans, and we should check, what we do or say. Sometimes is better to change the opinion, plan - as hold a wrong direction.
I am very curious.

https://blog.iota.org/iota-research-status-update-december-2019-db1387d347f7

About the scam. I think, the net on the public isn't main-net. It is only a kind of test-net, a start-up net. If you starting later a real net - and the people in the original ICO will be considered as investors, with some stake,
I can't hold my opinion about the scam. If you gives this stake to the original investors also - then IOTA wasn't a scam, I think.

Best wishes!

Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...

My acc's: ifinta66 on the twitter *O* ifinta on LinkedIn
About Charm - a kind of 'No' Money *O* OUR IEO on ODEX Exchange ... *O* About Vortexledger (Planned algo PoSL) *O* A kind of Tangle ... *O* OpenSC4D
My session app id: 054a5ad058fb1a2f0c85c4e354ea7b458f94dca896e8e815501e23298e985d602d
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January 02, 2020, 11:32:12 PM
 #20

Maybe I will use IOTA, or will work on IOTA also in some projects... Maybe we will use later for Charm, Vortexledger also...
I don't know whether English is your native language but fact is that i have tried to follow your thread and failed to understand why you had accused IOTA of being scammers.

...And now you say they are not scammers, what happened? Did they promise you a job?

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