Topic: IOTA - page 12. (Read 1471689 times)

you are a corrosive Troll, so do not chirp about etiquette here!

go enlightening noobs about the dangers of cryptocurrencies elsewhere, silly little scam hunter

ifinta please do not make consecutive posts that is against the forum rules!

No big firm would reasonably want to do something with IOTA, but it is not impossible that the IOTA team fraudulently misrepresents itself up until the point that the firm goes for it at first. This would not last given that I, among pretty much anyone else, can contact such firms.

Reference:

... an unusable homebrew thing? ... Are you think i.e. an TRS80 or the orig Apple?


or a such "shit"?



((or Torwald's Linux, Git, ...))
((or Satoshi's early BTC ...))
((or BCNext = CfB's NXT ...))
((or Mark's GUN DB ...))
...

I belive in creativity.
IOTA is SURE an ISSUE at big firms.
Only a big firm (or a state, or states, ...) is able to support IOTA with such big amounts of liquid money ( 1 000 000 000 USD or monthly 50 M USD salary for a team... In a good homebrew project it isn't a need ).

But to scam others with such possibilities, with such power - I find it terrible...

This is correct. First of all IOTA will never produce a decentralized solution the one that they have promised day one. This is a very difficult challenge to solve, and their people are not competent to say the least (ignoring the fact that their ethics are also backwards and no sane real cryptographer that has heard of how they behave will want to work with them).
Second, the belief that IOTA (assuming they implemented a real DLT) will be used in companies is one of the biggest and most absurd bagholder dreams that I have heard of. Even if the technology was excellent, companies would fork IOTA and tell the original team to go away and play with their kid toys and let them produce more broken cryptography such as their homebrew hash.

---

Full scam information can be found here: https://bitcointalksearch.org/topic/iota-snake-oil-insecurity-with-a-centralized-kill-switch-to-shut-off-your-money-5227016.

To this scam to analyze we not need to much knowledge. It enough a question - What is on the DISTRIBUTED ledger market traded?

On the DISTRIBUTED ledger market is traded SINCE YEARS a centralized SERVER-CLIENT solution.
A very expensive kind of centralized SERVER-CLIENT solution on the i.e. coinmarket.com. The team donated through i.e. the EU (!!!!!).

Some people owning more TERA tokens since the start of the IOTA mainnet (Is this a mainnet??? With testtokens???) known from the beginning, the token will be distributed through on one of the biggest DLT exchange - on bitfinex. Bitfinex has connections with Tether USD. (insider trading - with victims...)

Tether USD has since a year the biggest daily traded volume on the coinmarket.com.
As Tether USD lost the peg a year ago - I thought - IOTA and Tether will be lost, but a big bank rescued both Tether and IOTA with a big big investment - approximately 1 000 000 000 USD.

This amount was at that time equal (a coincidence?) of IOTA market capitalization. (the traders behind IOTA used this fond to save IOTA's "value" artifically, I think)

As the IOTA development costs consumed this fund, the IOTA market capitalization lost ~60% of its value - beautiful linear as the growth was after the start also......
At this time remained only ~40% (with some support of a centralized insider trade behind!!! - and through many victims investing in IOTA up to today......) of its "start" value.



I think, no man will be support IOTA more, if this fund not more able to back the big big and expensive (~ 50M dollars pro month?) team - and the development not producing a REAL DLT product.

After a such event - I think - it will be a need to replace IOTA in big projects at big firms... They won't wants drop the projects, sure. They take an another WORKING and WELL TESTED DLT projekt, and they will replace IOTA!
We will see - sure - what will happens. I think it will come earlier a such event as this year ends.

IOTA is a complete scam, your inadequate knowledge for assessing this does not excuse its practices.

YES. Very big scam. Many victims. Sure.

Stop shitposting about scamcoins.

View IOTA contributors and commit data.

116 projects 32569 commits 361 contributors 6571 stars

https://gitgitlog.com/iotaledger/
https://gitgitlog.com/iotaledger/projects

The only hope of me - the TRUE development AND later a TRUE START OF THE TRUE AND FIRST IOTA Network - of course a "little" later.
((as a TRUE investor of THE TRUE IOTA development before this actual scam-fork was started...))
This IOTA currently on the Market only TEST-IOTA's if we trying to taste it not a scam (?)
David's scam only an early FORK, I think. This thread belongs to CfB!

in other projects in the DLT market you become test-coins for FREE ...

FYI

I think I'm right in saying that the Big Red Button was pushed at 17.20 on Feb 12th, at which time IOTA was trading around 34 cents.
Today it's around 22.5 cents, a market cap shrink in the order of $300m.
Nobody mention the ATH.
OK, I will.
$5.25.
If you mIOTA'd 1 BTC then you'd have got ~ 3,272.
Today you'd get ~ 39,420.
Bargain?

That counts for each person buying and selling coins. I and ServerNoMore are telling of price of the coin. He is surprised price did not decrease. I am surprised that price actually increased. No matter that this event that ended all transactions for more then a week happened.

Later it counts only the difference of selling price and buying price. The price between the two event don't matter. You have at this time not any "gain", you have some IOTA's and maybe you will able to sell it later - OR NOT.

It did not lost at all but gained. At start of the year price of IOTA was 15 cents now is 23 cents. This simply tells you that all prices in crypto have nothing to do with reality.

correeeeeeeeectttamundo!!!!!!!!!!!

Look at the quantity and quality of people in the IF, their backgrounds, skills and experience, the partnerships the IF has made - so you think all these people and companies and academics and organisatjons are scammers, or being fooled? Your claims are not credible, IOTA project has faced many challenges, and mistakes have been made, but the future is still very optimistic. Iota succeeding is threatening to a lot of people, so there are loads of haters.

Are you trying to tell me that you are willing to shill this scam despite warnings from major cryptographers to stay away from it? QFR.

IOTA is a long term cutting edge project in beta development since 2015, I don't expect mainstream machine economy IOT apps until 2022, everything so far doesn't rate as a proof of concept even, most holders understand the timeframe involved, and understand all the criticism over the coordinator,  some speculators will get nervous and dump, haters will do their thing. The thread you linked to has no new allegations, and no evidence, and less than 25% of the mud slung at IOTA over the years. Can't you even bother to catalogue all the conspiracies in one place?