Author

Topic: IOTA - page 160. (Read 1473405 times)

legendary
Activity: 2156
Merit: 1070
December 02, 2017, 01:58:10 PM
Hey admins and IOTA fans. Can you give me a reliable IOTA paper wallet just like MyEtherwALLET for Ethereum ETH? I'll put some bag from it in long term.

It'll just get hacked, wouldn't bother

Dude, you made a mistake. Everyone should know that you can't send from an address twice or send to an address you have already sent from. Stop acting like there is an attack vunerability in Iota. There is not. Follow the instructions and your coins are safe. Don't and lose them. Take responsibility.
newbie
Activity: 17
Merit: 0
December 02, 2017, 01:47:11 PM
IOTA reaching 1.42 USD on Bitfinex today; up we go again; this coin is so amazing! Smiley

It looks like the run to $2 will materialise in the wake of a further appreciation of Bitcoin. But it will be a hard fight with so many IOTA floating around.

With the news of CME opening Bitcoin futures from December 18th, I think prices will go a little bit up.

BINGO re CME
member
Activity: 67
Merit: 10
December 02, 2017, 01:01:36 PM
Hey admins and IOTA fans. Can you give me a reliable IOTA paper wallet just like MyEtherwALLET for Ethereum ETH? I'll put some bag from it in long term.

It'll just get hacked, wouldn't bother
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 02, 2017, 12:48:47 PM
looks  like IOTA logo...

https://papyrus.global/
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
December 02, 2017, 12:22:16 PM
Hey admins and IOTA fans. Can you give me a reliable IOTA paper wallet just like MyEtherwALLET for Ethereum ETH? I'll put some bag from it in long term.
member
Activity: 116
Merit: 36
December 02, 2017, 12:21:16 PM
I've also read that one should not use an address twice. I have the following case and I would like to know if my tokens are potentially in danger. I have a seed with two generated addresses in total. For the first address, I once received IOTA. For the second address I received two transactions. So far I have not sent any IOTA with both addresses. So I used an address twice to receive tokens. Should I act or are my tokens safe?

The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

I totally understand your concerns. Iota is acctually not made for investors it's made for machines and reality usecase in IoT. That's one reason (beside the tech) why that big companys are partnering with it. And Iota needs to create that for them ASAP, because they don't like to wait. That's why Iota is actually heading all their ressourcces to develop the protocol to make it production-ready.

But you should see it as an opportunity... invest while there's a bullshit wallet and laugh when that changes Smiley

And by the way... it can't be easily hacked. Yust if you use the same adress for sending, twice. But i (like every investor) agree it's actually not really good usable for humans.

Personally I'd send your IOTA to an exchange.  Their wallet isn't safe.  Don't wait until the next exploit is discovered. 

No... bad advice. The wallet is safe if you use it right. Never leave your coins on exchanges, e.g. if Bitfinex closes (by whatever reason) your coins are gone!
sr. member
Activity: 280
Merit: 250
December 02, 2017, 12:19:30 PM
Whats going on with Binance, Bought some more IOTA and can never withdrawl?
Constantly saying Network Congestion Sad
member
Activity: 67
Merit: 10
December 02, 2017, 12:15:45 PM
I've also read that one should not use an address twice. I have the following case and I would like to know if my tokens are potentially in danger. I have a seed with two generated addresses in total. For the first address, I once received IOTA. For the second address I received two transactions. So far I have not sent any IOTA with both addresses. So I used an address twice to receive tokens. Should I act or are my tokens safe?

The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

I totally understand your concerns. Iota is acctually not made for investors it's made for machines and reality usecase in IoT. That's one reason (beside the tech) why that big companys are partnering with it. And Iota needs to create that for them ASAP, because they don't like to wait. That's why Iota is actually heading all their ressourcces to develop the protocol to make it production-ready.

But you should see it as an opportunity... invest while there's a bullshit wallet and laugh when that changes Smiley

And by the way... it can't be easily hacked. Yust if you use the same adress for sending, twice. But i (like every investor) agree it's actually not really good usable for humans.

Personally I'd send your IOTA to an exchange.  Their wallet isn't safe.  Don't wait until the next exploit is discovered. 
legendary
Activity: 1722
Merit: 1671
#birdgang
December 02, 2017, 12:00:01 PM
I've also read that one should not use an address twice. I have the following case and I would like to know if my tokens are potentially in danger. I have a seed with two generated addresses in total. For the first address, I once received IOTA. For the second address I received two transactions. So far I have not sent any IOTA with both addresses. So I used an address twice to receive tokens. Should I act or are my tokens safe?

You are safe, you can even receive even more on both addresses if you like. Only when you send IOTA now, you should generate a new address for receiving IOTA.
hero member
Activity: 924
Merit: 556
December 02, 2017, 11:42:36 AM
I've also read that one should not use an address twice. I have the following case and I would like to know if my tokens are potentially in danger. I have a seed with two generated addresses in total. For the first address, I once received IOTA. For the second address I received two transactions. So far I have not sent any IOTA with both addresses. So I used an address twice to receive tokens. Should I act or are my tokens safe?

The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

I totally understand your concerns. Iota is acctually not made for investors it's made for machines and reality usecase in IoT. That's one reason (beside the tech) why that big companys are partnering with it. And Iota needs to create that for them ASAP, because they don't like to wait. That's why Iota is actually heading all their ressourcces to develop the protocol to make it production-ready.

But you should see it as an opportunity... invest while there's a bullshit wallet and laugh when that changes Smiley

And by the way... it can't be easily hacked. Yust if you use the same adress for sending, twice. But i (like every investor) agree it's actually not really good usable for humans.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 02, 2017, 08:49:15 AM
Rumi Morales on Distributed Ledger Technology and IoT

From IOTA Foundation Beyond Blockchain Meetup Chicago

https://www.meetup.com/Chicago-IOTA-Meetup/events/245563463/


Details
Rumi Morales is a pioneer in identifying and cultivating the emerging technologies that will define the future of finance. As Head of CME Ventures, she launched and led one of the most successful corporate venture capital units in financial technology, investing in the “tech that will become fintech.” An early specialist in digital currency, blockchain and distributed ledger technologies, Rumi is also a leading early investor in artificial intelligence, deep learning, predictive analytics, and quantum computing as they will affect the financial industry.

A proven entrepreneur herself, Rumi established the Global Markets Institute during her tenure at Goldman Sachs, and also launched a leading economic research firm in Singapore. She began her career in venture capital in London, Kuala Lumpur and New York, and has invested across three continents and lived in seven countries.

Currently based in Chicago, Illinois, Rumi is actively involved in that city’s burgeoning technology and entrepreneurial community, building upon Chicago’s long and important legacy of financial innovation.

An accomplished and dynamic public speaker, Rumi has presented onstage at major conferences globally, including Innovate Finance, CB Insights Future of Fintech, and Consensus, and has been featured on Bloomberg Television and Institutional Investor magazine. Institutional Investor also noted her as one the “most powerful dealmakers in financial technology” two years in a row, and Crain’s recognized her in their esteemed “40 Under 40” list. Rumi received her undergraduate degree from Wellesley College where she was elected to Phi Beta Kappa, and received her MBA from the NYU Stern School of Business.


member
Activity: 67
Merit: 10
December 02, 2017, 07:48:30 AM
This post needs more attention and is a reason IOTA could be a ticking time bomb
by Metasophocles

/u/guselbindel lost $30k because he reused an address, but his post is being downvoted, so it can't see the light of day:
https://www.reddit.com/r/CryptoCurrency/comments/7gwl38/hello_guys_i_have_lost_30k_in_iota_and_i_would/
One of the responses:
You (accidentially) reused that XTU-address. Between the sending of the 39GI to Bitfinex and the receiving of the 23 GI from Bitfinex, there have been two snapshots. When entering your seed after that snapshots again, your balance showed zero, as it was supposed to. All history, addresses and transactions have been deleted. You then generated an address to receive the 23GI from Bitfinex. But this address was already generated (and used !) for the 39GI months ago. You shouldn't use an address for receiving, if you already sent from it.
Reusing receiving addresses is pretty standard in the rest of cryptocurrency, if doing so can cause you to lose your IOTA, the official wallet shouldn't allow it
People wondered why the mods tried auto-warnings for IOTA posts, but when posts like this are buried there is a clear brigading/manipulation problem. I'm not saying don't buy IOTA as a hedge against blockchain investments, but be careful with your funds and know there are serious issues with the tech right now.
Edit: note that top voted comment suggests this isn't an issue at all LOL, nice job IOTA community.

https://www.reddit.com/r/CryptoCurrency/comments/7gxdx8/this_post_needs_more_attention_and_is_a_reason/


BANG ON!!! TOTALLY AGREE WE NEED A PLACE WHERE "THE HACKED" CAN SHARE THERE EXPERIENCES AND MAKE SURE ALL IOTA FORUMS ADVERTISE THIS!!

See my experience below, it is almost identical. $9k gone.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you
newbie
Activity: 9
Merit: 0
December 02, 2017, 07:06:52 AM
Good news, IOTA on a german national television together with Volkswagen:
https://twitter.com/DomSchiener/status/936922891085422592
tyz
legendary
Activity: 3360
Merit: 1533
December 02, 2017, 06:47:13 AM
Someone recently posted this video in the German IOTA thread. It has not shared by anybody yet, so I do.

IOTA is in "serious discussions" with central banks. Oliver Bussmann - former CIO of UBS bank and IOTA advisor said that.

https://www.youtube.com/watch?v=QQEsItb922k#t=46m22s
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 02, 2017, 06:16:23 AM
This post needs more attention and is a reason IOTA could be a ticking time bomb
by Metasophocles

/u/guselbindel lost $30k because he reused an address, but his post is being downvoted, so it can't see the light of day:
https://www.reddit.com/r/CryptoCurrency/comments/7gwl38/hello_guys_i_have_lost_30k_in_iota_and_i_would/
One of the responses:
You (accidentially) reused that XTU-address. Between the sending of the 39GI to Bitfinex and the receiving of the 23 GI from Bitfinex, there have been two snapshots. When entering your seed after that snapshots again, your balance showed zero, as it was supposed to. All history, addresses and transactions have been deleted. You then generated an address to receive the 23GI from Bitfinex. But this address was already generated (and used !) for the 39GI months ago. You shouldn't use an address for receiving, if you already sent from it.
Reusing receiving addresses is pretty standard in the rest of cryptocurrency, if doing so can cause you to lose your IOTA, the official wallet shouldn't allow it
People wondered why the mods tried auto-warnings for IOTA posts, but when posts like this are buried there is a clear brigading/manipulation problem. I'm not saying don't buy IOTA as a hedge against blockchain investments, but be careful with your funds and know there are serious issues with the tech right now.
Edit: note that top voted comment suggests this isn't an issue at all LOL, nice job IOTA community.

https://www.reddit.com/r/CryptoCurrency/comments/7gxdx8/this_post_needs_more_attention_and_is_a_reason/
newbie
Activity: 28
Merit: 0
December 02, 2017, 05:24:19 AM
best video explaining IOTA . It also works out the advantages over Blockchain.

https://www.youtube.com/watch?v=I_jNH9BlEEo
member
Activity: 67
Merit: 10
December 02, 2017, 04:58:16 AM
The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

I totally understand your concerns. Iota is acctually not made for investors it's made for machines and reality usecase in IoT. That's one reason (beside the tech) why that big companys are partnering with it. And Iota needs to create that for them ASAP, because they don't like to wait. That's why Iota is actually heading all their ressourcces to develop the protocol to make it production-ready.

But you should see it as an opportunity... invest while there's a bullshit wallet and laugh when that changes Smiley

And by the way... it can't be easily hacked. Yust if you use the same adress for sending, twice. But i (like every investor) agree it's actually not really good usable for humans.

That's fine by me, I'm happy you understand the tech, i loved the potential however I feel more effort should be made to explain how dangerous the tangle can be.  New comers should be made aware.  It sits in such a nice top 10 spot.  (I'm not new to iota - I was away on business for a few months and hadn't picked up the snapshot news. ) It's such a shame but I fear more and more holes will be found by hackers.  It's an open market.  A Hackers Paradise.  Good luck to IOTA, but man, PEOPLE BE AWARE HOW DANGEROUS THIS COIN CAN BE!

Have you verified this "hack"? If what you say is possible, it should be easy enough to replicate. I would be interested in seeing it replicated.  Otherwise, its easier to assume you simply made a mistake.

how would I get it verified?  I love that with IOTA you can get your hacked coins verified haha speaks volumns
member
Activity: 67
Merit: 10
December 02, 2017, 04:10:38 AM
I'm curious as to what's pumping the IOTA price so high? I've held IOTA for months, having to go through several recoveries with each new wallet update, and 6-12 hour transaction times trying to get it back to an exchange. In the end I sold the lot due to the frustrations with the platform. The idea is great, but it doesn't feel anywhere near ready for prime time. Am I missing some amazing news that justifies the pump, or is just market manipulation?
There's very solid tech and math behind this coin, a lot more than behind, say, Bcash or DASH or whatever. It's the leading coin in emerging category of IoT payemnts.

I don't think it's not that they don't have expectations for it, it's just they feel it's too early. I say it's never too early if there's high confidence, but I can see what they are about.

Solid tech and math which doesn't work.... your better off with a reliable coin like BTC, LTC, even NEO looks like a good investment right now... The complexity of IOTA will be it's downfall.  TO MANY HOLES.  Take for instance their very own HASH "The Curl", what a joke this turned out to be.  Sometimes trying to be to clever is stupid.  Nice try though.  Somebody had to.
legendary
Activity: 2156
Merit: 1070
December 02, 2017, 03:47:18 AM
The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

I totally understand your concerns. Iota is acctually not made for investors it's made for machines and reality usecase in IoT. That's one reason (beside the tech) why that big companys are partnering with it. And Iota needs to create that for them ASAP, because they don't like to wait. That's why Iota is actually heading all their ressourcces to develop the protocol to make it production-ready.

But you should see it as an opportunity... invest while there's a bullshit wallet and laugh when that changes Smiley

And by the way... it can't be easily hacked. Yust if you use the same adress for sending, twice. But i (like every investor) agree it's actually not really good usable for humans.

That's fine by me, I'm happy you understand the tech, i loved the potential however I feel more effort should be made to explain how dangerous the tangle can be.  New comers should be made aware.  It sits in such a nice top 10 spot.  (I'm not new to iota - I was away on business for a few months and hadn't picked up the snapshot news. ) It's such a shame but I fear more and more holes will be found by hackers.  It's an open market.  A Hackers Paradise.  Good luck to IOTA, but man, PEOPLE BE AWARE HOW DANGEROUS THIS COIN CAN BE!

Have you verified this "hack"? If what you say is possible, it should be easy enough to replicate. I would be interested in seeing it replicated.  Otherwise, its easier to assume you simply made a mistake.
member
Activity: 67
Merit: 10
December 02, 2017, 03:40:31 AM
The Tangle can be easily hacked... I lost money, search on google for hundreds of IOTA wallets that get hacked daily!!! IOTA is the least safe crypto in the top 100 coins.

https://steemit.com/iota/@squidlings/does-iota-have-a-fisher-price-mode-i-got-hacked-have-you

It seems that you baghold Icash and some other shitcoins.

It would seem IOTA is just another shitcoin if it's unable to handle security? 
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