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Topic: I just dumped my IOTAs (Read 3231 times)

hero member
Activity: 3038
Merit: 647
November 13, 2019, 06:17:42 PM
#72
IOTA is one of the most hyped coin of it's time and one of the least performing.
Most of the coins pumped during the last bull run and I could agree that IOTA was one of the most pump, but looking at the price now, it made me realize that it isn't really a strong coin that can survive in tough times, actually most of the altcoins are struggling so it depends us on how to evaluate it now.

This market has been hype but people love to ride with the FOMO so this coin has been successful in the past, but if you are not satisfied on the team's action now, you can always make the decision to leave and invest on other coins, but I will tell you, whatever coin you put your money is also not guaranteed that will satisfy your all the time.
legendary
Activity: 2982
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
November 13, 2019, 05:52:56 PM
#71
IOTA is one of the most hyped coin of it's time and one of the least performing. Though they are still in top 20 on coinmarketcap, the price at the moment is one of the lowest, even lower than the late 2018 depression. They haven't stopped going to blockchain conference and announcing partnership but we are yet to see any solid development in it's Internet of Things implementations.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
November 13, 2019, 05:37:58 PM
#70
I read the news that the co-founder of this coin sells all his cryptocurrency and leaves the market.
I also read about the news and what the cofounder said is that he sold holding and also exit because of interest conflict.

I think the IOTA team will feel a serious crisis in the near future
To be sincere. IOTA crisis started from the day it was created because it was built not on blockchain but on a network called "Tangle" which was the done by a mathematician (Serguei Popov). So, if the coin co-founder decided to move I understand.
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
November 12, 2019, 09:49:29 AM
#69
I read the news that the co-founder of this coin sells all his cryptocurrency and leaves the market. I think the IOTA team will feel a serious crisis in the near future
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 12, 2019, 07:44:42 AM
#68
Is good i think that you not wait more and dump it, if the devs have this behaviour then the coin can't have any success in long time, i think they made the coin just to get they some money from if possible.
Why dump so early, it is better to hodl than to sell for a penny. You are likely to regret in the very near future. From experience, unless you need to sell a particular coin after it has failed to achieve any potential after a long period of hoping for the best. Never sell for a penny and regret later. 

   One of the founders of IOTA sold off all of his tokens and he announced that he quits crypto-currencies. Rumors are different,
some say that he announced retirement a year ago, and that he sold his other crypto-holdings too. His companies are still working
and some people don't think that this will hurt IOTA in the long-term.
   There are many discussions on the internet. I seen many positive and negative comments, it's hard for ordinary guy like me to find
the truth in that mess, people are talking all sort of things!
jr. member
Activity: 368
Merit: 2
November 12, 2019, 05:54:42 AM
#67
Is good i think that you not wait more and dump it, if the devs have this behaviour then the coin can't have any success in long time, i think they made the coin just to get they some money from if possible.
Why dump so early, it is better to hodl than to sell for a penny. You are likely to regret in the very near future. From experience, unless you need to sell a particular coin after it has failed to achieve any potential after a long period of hoping for the best. Never sell for a penny and regret later. 
legendary
Activity: 3164
Merit: 1175
November 12, 2019, 05:53:04 AM
#66
FUD is around every crypto project, its one of the things non of them can avoid. In 2017 I made a nice profit on IOTA, and in 2018 I bought some again. I don't expect IOTA to go to the moon, but in time I believe that I will have some good return from IOTA.
In the past we have seen people dumping bitcoin and ethereum, simply cause they didn't believe that price will recover and make new records. People had a choice back then, people have the same choice now, take it or leave it, there are risks, but if you are in crypto long enough you should learn to live with that!
newbie
Activity: 6
Merit: 0
November 12, 2019, 05:10:17 AM
#65
I can't believe people still baghodling this p&D scheme. Tangle technology is way inferior to anything blockchain related. Sending money via tangle is symply not efficient way of doing anything. I hope baghodlers will realise that they are missing out innovative projects while believing in somthing that was a scam and won't moon ever again  Embarrassed the whole mocrofoft on board thing was a marketing scheme, there never were any real partnership, just a marketing plot to cash out on them bags.
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
September 25, 2017, 09:46:04 PM
#64
A successful project have the most haters and criticism. The more attention IOTA gets the more victorious it will become in years to come. That's why I bought more IOTA and ready to buy again from dumpers!  Smiley
Bad attention is good for ratings, because people love scandals and are amused by it. But this is not a TV, IOTA is not Kim Kardashian and spectators are investors, not bored housewives, and I don't think anyone here finds it amusing.

 Pity, I'm seriously considering investing in IOTA and this thread makes it more difficult.

it does appear that more people like to purchase most Altcoins when there is a little bit of a hype about them.

People are still very interested in it.
sr. member
Activity: 560
Merit: 252
September 25, 2017, 09:18:41 PM
#63
A successful project have the most haters and criticism. The more attention IOTA gets the more victorious it will become in years to come. That's why I bought more IOTA and ready to buy again from dumpers!  Smiley
Bad attention is good for ratings, because people love scandals and are amused by it. But this is not a TV, IOTA is not Kim Kardashian and spectators are investors, not bored housewives, and I don't think anyone here finds it amusing.

 Pity, I'm seriously considering investing in IOTA and this thread makes it more difficult.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
September 12, 2017, 09:20:52 AM
#62
 Undecided this topic make me curious about my IOTAs. Maybe I will wait more because price is go up now
member
Activity: 154
Merit: 10
September 12, 2017, 09:05:43 AM
#61
Well.. everyone is entitled to their choice... but you'll be the one who'll be crying when IOTA goes to top five
full member
Activity: 211
Merit: 100
September 12, 2017, 08:05:41 AM
#60
The price is recover now. Cheesy If your things u say is the truth. Everything will fall soon
newbie
Activity: 60
Merit: 0
September 12, 2017, 07:56:31 AM
#59
Seriously, I saw the same post (TheJim) on many YouTube - IOTA Videos under the account ''Joseph Ducreaux''
Here one example in the comments: https://www.youtube.com/watch?v=Mw4XpmPq-Og

Quote
Joseph Ducreaux
I just dumped my IOTAs. Not going to support this joke of a team.

The IOTA founders, David Sønstebø and Dominik Schiener are just two emotional wrecks - and not least megalomanic narcissists. They ban people for literally nothing on the slack, while they themselves swear all the time and openly call people "retards", among other things. They think they're kings and that the rest of us are mere peasants. Many of us have noticed that.

You simply can't ask one slightly critical question or disagree with them in any regard, unless you want to get sweared at and then subsequently banned. David has furthermore admitted that he is a marijuana addict, which also expresses itself in his attitude towards other people, and not least IOTA's partnership with the scamcoin "Paragon". Don't trust an addict.

They keep on making promises, but nothing ever happens. Also see their github - really not looking good, no progress at all lately. Plus they hang out on the slack a lot of the time, which just tells me that they're not at all working as hard as they should be. It's all promises, but no action. Don't be like me and believe all their empty promises. It all looks so good in the beginning, and the breakthrough seems to be just around the corner, but nothing happens. They're full of it.

Then they try to blame it on the investors when we ask where the results are (not in terms of price) - almost as if they expect investors to actively participate in the development of the project for free. Would you invest in for instance Apple and then work for free for them? - No, you invest, and then you expect them to work for you, because you trusted them with your money. It's not the job of an investor to be an active part of the development. Never has been, and never will be. They want people to work for them, but they refuse to pay them. But of course David laughs in his usual arrogant manner when he's being told that. Cause he's better than the rest of us, remember? - David is the all-knowing king, and you're just a retard. Never forget that.

I can't imagine any big corporation wanting to partner up with them - and none have so far. They only "test" it, they claim. However, with the extremely arrogant attitudes of David and Dominik, plus their non-existing marketing strategy, they will fail. Imagine David at a meeting with serious investors? Haha. Imagine a CEO of a large company finding out how David talks down to his investors?

I have no doubt they will fail. Mainly because of David. Just listen the to radio interview he gave a month ago or thereabout - it's on youtube. So much swearing, and the inner narcissist just shines through. He can't hide his inner asshole behind his big beard, although he tries to.

Exchanges don't even want to list it. It could be done in no time. I have talked with programmers who've told me they don't understand it either, because it would take less than 24 hours for them to write the code necessary for an exchange listing. There's really something fishy going on regarding IOTA. It's always "soon".

I initially believed in IOTA, but I've lost all faith in it, the more I've learned about the devs. Mainly because of the extremely childish behavior they exhibit. Not a team I want to throw my money at, so I decided to cash out. A good technology or business idea is worth nothing when the team behaves like 12 year old boys. I lost all faith in their project, and I will do everything I can to make other people realize that too before it's too late for them. They are liars, narcissists, and possibly also very elaborate scammers.

CfB talks about traps in the IOTA code, so that other people can't just copy it and feel safe that it won't get "nuked" at his will, as it's been said. So ask yourself this question:

How many more "traps" and backdoors can't he have put in the code? - They'll probably open a backdoor at some point and steal people's coins. I have no trust in them. And don't fall for their "open souce" - cause if it's possible to make a trap without other people being able to spot it, then it's possible to make any trap/backdoor. They're narcisissists - it's so self-evident. Just join their slack and watch it for a day. It's insane. They really think they're superior to the rest of us. Don't ever trust narcissists, cause they will mess you up. Have that in mind, always.

Besides that, the trap has been found, which makes way for a lot of IOTA clones the coming time - projects that will have way better, less arrogant, less inept developers. IOTA will fall behind soon. It's the first born stillborn.

My best advice is to dump IOTA and run for your life, cause it's a doomed project with that dev team. There are coins out there with much bigger growth potential anyway. IOTA's market cap is already too big for the really large gains. You're in it for the money, aren't you?

I won't be sorry, no matter how high it goes (which isn't really that high), cause I simply refuse to support such inherently narcissistic assholes. It's simply a matter of having self-respect, and I value my honor and self-respect way higher than any amount of money. Plus lately, I have come to believe more in other coins that aren't the tangle + dozens of empty promises on a weekly basis.

Getting called a retard and be banned from the slack is apparently the thank I get for constantly promoting IOTA the first 1½ month following my investment - until I started getting suspicious the last two weeks and started asking just slightly critical questions. I will flood bitcointalk, other crypto forums, youtube, twitter and facebook with anti-IOTA articles and comments, just like this one. They deserve it, they asked for it, and the investors deserve to know the truth - so they can make their own decisions.

Having said all of this: Don't trust me. Just go to their slack and hang out there, notice all their empty promises, the way they talk to people, who they ban and what they ban them for etc. Google their names and read about them. Make your own judgement. I'm sure you will quickly be able to see exactly what I mean and feel disgusted by the way they behave.

Best regards.

Btw: It seems this guy ''Joseph Ducreaux'' is ''TheJim'' and ''ridery99''. He is the guy who is spreading the FUD about addiction and all this things. And in every FUD-IOTA Thread/ Post I see ''SatoNatomato'' too.
full member
Activity: 872
Merit: 120
September 12, 2017, 04:20:39 AM
#58
Unfortunately, such topics will keep appearing. I am sorry you didn't see the obvious at the beginning, supporting the scam you helped them.  Anyway, better later than never.

Premine = Scam!
hero member
Activity: 616
Merit: 500
September 12, 2017, 03:44:43 AM
#57
IOTA devs can't develop anything because they are selling heroin, that's why FBI forced bitfinex exchanger to shut it down. It got hacked because it's not capable of doing what Monero or Lisk does and it's too vurnerabre. IOTA dev team is probably trying to hide their addiction behind IOTA hack to make final dump before zero satoshi price tag.

More information:
https://bitcointalksearch.org/topic/what-if-iota-fud-is-true-2166184
sr. member
Activity: 378
Merit: 250
September 12, 2017, 02:43:30 AM
#56
I personally see no development in IOTA. Although the coin has a potential their development team doesn't seem so motivated to me.
They have just made a coin and sitting there doing nothing about it. If they start concentrating on the coin and develop it further more then i guess it might be a tough competitor in the market but until then this might be just another shitcoin. I once invested in it but it resulted in no profit as the coin's price didn't make any improvements any time soon. It was basically a waste of time for me in IOTA.
the team is working right now on new cool stuff (e.g. smart contract stuff etc.)
Like every other crypto IOTA is still in beta mode and not fully developed. But they have a very strong team working hard on it.
IOTA devs should not be working on anything anymore, they are rookies, incompetent, and are hurting the entire ecosystem of cryprocurrencies with their basic mistakes, malicious code injection, anti-open source, and negligence.

Even a copycat clone of bitcoin or Monero is still lightyears better, and not in beta, compared to what iota devs delivered for 2 years.



hero member
Activity: 2702
Merit: 716
Nothing lasts forever
September 12, 2017, 12:33:33 AM
#55
I personally see no development in IOTA. Although the coin has a potential their development team doesn't seem so motivated to me.
They have just made a coin and sitting there doing nothing about it. If they start concentrating on the coin and develop it further more then i guess it might be a tough competitor in the market but until then this might be just another shitcoin. I once invested in it but it resulted in no profit as the coin's price didn't make any improvements any time soon. It was basically a waste of time for me in IOTA.
the team is working right now on new cool stuff (e.g. smart contract stuff etc.)
Like every other crypto IOTA is still in beta mode and not fully developed. But they have a very strong team working hard on it.
I didn't know that. Thank you for informing. Smart contract technology is already being used by Ethereum and if IOTA is planning on to develop the same technology to their coin there might be an increase in IOTA coin's price. This might be the big break that they want but it will only happen if their dev team is working good on developing the technology. On the other hand Ethereum is already building smart contracts and it has a better chance to be adopted by people which might be a disadvantage for IOTA. So nothing is predictable.
hero member
Activity: 784
Merit: 500
September 11, 2017, 07:25:04 PM
#54
I personally see no development in IOTA. Although the coin has a potential their development team doesn't seem so motivated to me.
They have just made a coin and sitting there doing nothing about it. If they start concentrating on the coin and develop it further more then i guess it might be a tough competitor in the market but until then this might be just another shitcoin. I once invested in it but it resulted in no profit as the coin's price didn't make any improvements any time soon. It was basically a waste of time for me in IOTA.
the team is working right now on new cool stuff (e.g. smart contract stuff etc.)
Like every other crypto IOTA is still in beta mode and not fully developed. But they have a very strong team working hard on it.
sr. member
Activity: 826
Merit: 250
September 11, 2017, 02:12:35 AM
#53
It would be awesome, if only Byteball have such promotion and marketing like IOTA. But IOTA is still on the same place without any developing and news.
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