I would like to invest something in IOTA for middle and long term investment, but i dont know if this is a good time for enter. Currently i see a very high price and mybe is not a good time to buy. I would like to knoiw your opinion about this. What are the price prediction, if there is something about, for IOTA?
Thanks a lot
Topic: IOTA - page 110. (Read 1473405 times)
Does anybody tried their new wallet? Does the leak of iota from wallet stopped?
Leak of iota? How does that look?
I guess in the next weeks you will hear similar announcements from VW, Microsoft, Cisco and many more... Hodl your Tokens!
It's hard to overstate the potential corporate interest in this project. It could be multiple orders of magnitude greater that the likes of Ripple. In fact it's pointless making comparisons with other cryptos. Iota is out there on its own, something unique that in a few years will be touching all our lives.
Do you guys think there will be some kind of correction soon? The growth is ridiculous. A month ago the price for one iota was about 0.3 - 0.5 $ and now it is spiking already at 5,7$. This is crazy.
I think it has already corrected to around $3 and if any good news comes out then it will high not low.
IOTA promised and delivered when they announced that there will be a big news before Christmas. And if I got it right, there will be another one before the end of the year.
Excerpts from the press release:
This is really amazing. The company probably bought when all the weak hands sold over the last days. I expect other companies will follow the step of Bosch in the near future. If you dive a little bit deeper into the tech you realize how amazing it is.
By the way, the new wallet, formerly called UCL, was renamed into Trinity. Can't await to meet you, Trinity
Excerpts from the press release:
Quote
Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has purchased a significant amount of IOTA tokens, one of the largest cryptocurrencies in the world.
Quote
RBVC (Robert Bosch Venture Capital) also intends to elevate the technology to maturity by bringing it closer to Bosch’s global ecosystem and key partners.
Quote
The investment in IOTA’s token, the first ever token investment of RBVC, will help us working closely with the IOTA Foundation to explore the industrialization of this exciting technology.”
Quote
“We have been working with the IOTA team for more than one year. I'm very excited about IOTA's innovative tangle technology, which could potentially become the standard underlying technology for trustless machine to machine communication, security and payment in the IoT space”, said Dr. Hongquan Jiang.
This is really amazing. The company probably bought when all the weak hands sold over the last days. I expect other companies will follow the step of Bosch in the near future. If you dive a little bit deeper into the tech you realize how amazing it is.
By the way, the new wallet, formerly called UCL, was renamed into Trinity. Can't await to meet you, Trinity
Do you guys think there will be some kind of correction soon? The growth is ridiculous. A month ago the price for one iota was about 0.3 - 0.5 $ and now it is spiking already at 5,7$. This is crazy.
Although the price has leapt, it will leap higher after this Btc correction.
I consider it very friendly for IOTA towards a partner like Bosch to leak a buy-strategy of your partner to the Internet, so your partner can buy at higher prices after the crowd has already jumped in. Is that decent or am I missing something?
Bosch bought already before they are not stupid
BUY HODL.... and chose your LAMBO colour in 2018 Q4 
I think you meant later this afternoon.
An answer to that?
I have a question regarding string to trytes conversion. Either I have a mistake or the Python library provided by IOTA has a bug. I suspect the first applies.
I want to calculate the trytes of string "IOTA" and used iota.lib.py library to do it programmatically. I received SBYBCCKB.
Then I did it manually. First I take the ASCII numbers of the letters.
I = 73
O = 79
T = 84
A = 65
Then I apply the trinary based mathmatic formula to meet the numbers
I = 73 = (1*30)+(0*31)+(-1*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 1 0 -1 0 1 0. According to the IOTA alphabet it is SC
O = 79 = (1*30)+(-1*31)+(0*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 1 -1 0 0 1 0. According to the IOTA alphabet it is YC
T = 84 = (0*30)+(1*31)+(0*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 0 1 0 0 1 0. According to the IOTA alphabet it is CC
A = 65 = (-1*30)+(1*31)+(1*32)+(-1*33)+(1*34)+(0*35)
Thus trytes are -1 1 1 -1 1 0. According to the IOTA alphabet it is KB
Hence my calculation gives SCYCCCKB whereas the python library gives SBYBCCKB (red colored parts differ)
To complete the information I use the IOTA alphabet which starts
0 0 0 = 9
1 0 0 = A
-1 1 0 = B
0 1 0 = C
...
Where is the mistake, or is it just an error of reasoning?
I want to calculate the trytes of string "IOTA" and used iota.lib.py library to do it programmatically. I received SBYBCCKB.
Then I did it manually. First I take the ASCII numbers of the letters.
I = 73
O = 79
T = 84
A = 65
Then I apply the trinary based mathmatic formula to meet the numbers
I = 73 = (1*30)+(0*31)+(-1*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 1 0 -1 0 1 0. According to the IOTA alphabet it is SC
O = 79 = (1*30)+(-1*31)+(0*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 1 -1 0 0 1 0. According to the IOTA alphabet it is YC
T = 84 = (0*30)+(1*31)+(0*32)+(0*33)+(1*34)+(0*35)
Thus trytes are 0 1 0 0 1 0. According to the IOTA alphabet it is CC
A = 65 = (-1*30)+(1*31)+(1*32)+(-1*33)+(1*34)+(0*35)
Thus trytes are -1 1 1 -1 1 0. According to the IOTA alphabet it is KB
Hence my calculation gives SCYCCCKB whereas the python library gives SBYBCCKB (red colored parts differ)
To complete the information I use the IOTA alphabet which starts
0 0 0 = 9
1 0 0 = A
-1 1 0 = B
0 1 0 = C
...
Where is the mistake, or is it just an error of reasoning?
Holy moly! If investors realize what this mean, the price will go up to new highs.
This is the first news / press release I have read where a big company confirmed to directly invest to buy crypto tokens.
This is the first news / press release I have read where a big company confirmed to directly invest to buy crypto tokens.
Is this why price is spiking at the moment?
Again above 4.5 usd
Or just big whales manipulating market
An iota whale can only really bring the price down. You would need a fiat or BTC whale to manipulate the price upwards.
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