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Topic: IOTA - page 296. (Read 1473233 times)

hero member
Activity: 1034
Merit: 558
June 19, 2017, 03:03:56 PM
its 41 cents right now
newbie
Activity: 17
Merit: 0
June 19, 2017, 02:58:20 PM
Once IOTA is traded on other exchanges that allow wiring in of US dollars, is it possible to base pricing off of the US dollar instead of off bitcoin?  This would provide for a more stable benchmark to value IOTA.
sr. member
Activity: 269
Merit: 250
June 19, 2017, 07:43:23 AM
sr. member
Activity: 645
Merit: 487
June 19, 2017, 07:12:02 AM
Ok stop everything!

I posted that link for a confirm by the community that all is known and there are no problems.

In that article at the end, you can see:

At this point we are stopping and I’ll be waiting for you to prove your identity before continuing…

So all is stopped. I manage a basic english but it seems to me as "to be continued". If not, sorry.
full member
Activity: 131
Merit: 100
June 19, 2017, 07:04:45 AM
Sorry but about that Eric, his identity that I DO NOT KNOW. And I don't care! Please could you post here why IOTA is perfect and all I read is a big lie?

But, my tip, this problems IOTA could announce something and so avoiding misunderstandings. Moreover I have nothing to say.


Hey Prova123. As far as I can see, Eric's claims have already been responded to on medium. https://medium.com/@DavidSonstebo/co-founder-sergeys-response-2bd9284e523e
 
legendary
Activity: 2142
Merit: 1009
Newbie
June 19, 2017, 07:02:42 AM
Sorry but about that Eric, his identity that I DO NOT KNOW. And I don't care! Please could you post here why IOTA is perfect and all I read is a big lie?



But, my tip, this problems IOTA could announce something and so avoiding misunderstandings. Moreover I have nothing to say.

Post your questions. Concrete questions.
sr. member
Activity: 645
Merit: 487
June 19, 2017, 06:54:19 AM
Sorry but about that Eric, his identity that I DO NOT KNOW. And I don't care! Please could you post here why IOTA is perfect and all I read is a big lie?



But, my tip, this problems IOTA could announce something and so avoiding misunderstandings. Moreover I have nothing to say.

legendary
Activity: 2142
Merit: 1009
Newbie
June 19, 2017, 06:45:51 AM
@Prova123 rewrite your post without things like "f**k" please. I deleted it, but you can see its whole content in your PM posted by BTT bot. So it should be as easy as CTRL+C and CTRL+V.
full member
Activity: 238
Merit: 100
Co founder & CMO SocialX
June 19, 2017, 05:16:33 AM
Keep calm here.

1) They did a AMA in Reddit, pls read it it was nice.
2) People asking a lot of questions.  I would recommend that the Devs focus on what is important (Tech)  and the Management and Marketing Managers answer questions.  But that is just a recommendation as the ECHO will be bigger here and everywhere.

3) I just wrote to a friend that this is maybe THE PROJECT , that kills ETH in 2 years time.  For the next 12 months I believe in ETH and it will grow further hopefully. IOTA needs time but from the TECH Point I feel it is better than ETH and ETH is only hyped trough ICOs.   But maybe I am wrong Smiley

Cheers,
Chris
sr. member
Activity: 444
Merit: 250
June 19, 2017, 05:16:16 AM
The more that they try to attack IOTA, the more it will become stronger and the more they will become jealous. I expect IOTA will be on top 3 sooner or later.
hero member
Activity: 596
Merit: 500
June 19, 2017, 04:57:57 AM
This guy is the main dev of IOTA. I think he has patience to answer to your aggressive and clueless questions. I don't even understand why he does.
legendary
Activity: 2142
Merit: 1009
Newbie
June 19, 2017, 04:44:02 AM
Please don't understand wrong. I'm not Eric. I want to be informed by you about the truth. It's my right behaviour and please avoid to write in that way. We are not under a dictatorship, in freedom WE HAVE TO UNDERSTAND ALL!

If there is a problem please NOT invite them hidding things and concerns. For your information WE have money gained by our jobs, saved by a lot of sacrifice and we don't like to play at a Casino roulette. Do you agree?

So please explain and please do not make a wall towards users writing here, noone amis to waiste time and move on... all right!?!

About the link:
Here it is:

https://medium.com/@ercwl/hello-david-b77bbc62c457

I forgot the link too - https://medium.com/@DavidSonstebo/co-founder-sergeys-response-2bd9284e523e

PS: At this point the guy's reputation is ruined, he will cry in different medias for some time and will find another work. It's not the first time I meet such a guy. Unfortunately, some bloggers can't find a good way to monetize their job so they sell their body to the highest bidder.
sr. member
Activity: 645
Merit: 487
June 19, 2017, 04:42:48 AM
Please don't understand wrong. I'm not Eric. I want to be informed by you about the truth. It's my right behaviour and please avoid to write in that way. We are not under a dictatorship, in freedom WE HAVE TO UNDERSTAND ALL!

If there is a problem please NOT invite them hidding things and concerns. For your information WE have money gained by our jobs, saved by a lot of sacrifice and we don't like to play at a Casino roulette. Do you agree?

So please explain and please do not make a wall towards users writing here, noone amis to waiste time and move on... all right!?!

About the link:
Here it is:

https://medium.com/@ercwl/hello-david-b77bbc62c457

legendary
Activity: 2142
Merit: 1009
Newbie
June 19, 2017, 04:33:19 AM
There is also the risk of the Coordinator double-spending through a partitioning attack by issuing different milestones to different users. As the risk stands, no IOTA transaction can currently be assumed safe until a longer time has passed (~20 minutes). Currently, transactions show up as confirmed in full nodes after a matter of seconds when they are in fact not safe at all.

If you have started lying then I think I can post our private conversation without asking your permission:
Code:
Eric Wall [3:30 PM]
Between full nodes it says confirmed after 2 secs, but you’re saying the confirmations aren’t reliable until 20 mins?

Come-from-Beyond [3:30 PM]
I don’t say that
Let’s try again

I have no idea why you have dug such deep pit for your reputation, it only makes sense if it’s not you in that photo and it’s not your real name next to it and all your blog posts are just a part of FUD campaign against IOTA. At this point we are stopping and I’ll be waiting for you to prove your identity before continuing…
sr. member
Activity: 645
Merit: 487
June 19, 2017, 04:30:45 AM
However, these users need to know that the value they invest in IOTA at this point is entirely placed with the goodwill of the Foundation.

Why?

There is also the risk of the Coordinator double-spending through a partitioning attack by issuing different milestones to different users. As the risk stands, no IOTA transaction can currently be assumed safe until a longer time has passed (~20 minutes). Currently, transactions show up as confirmed in full nodes after a matter of seconds when they are in fact not safe at all.

I will make the prediction that IOTA will fail to disable the Coordinator in 2018. Even if it is made optional at some point, it won’t be safe — meaning it won’t really be optional at all (in fact, it will be just like Ripple’s provided UNL is “optional”).


by Eric Wall
Research Engineer in the cryptocurrency domain. I will give you the facts.
legendary
Activity: 2142
Merit: 1009
Newbie
June 19, 2017, 04:23:59 AM
Genuine question guys, IOTA is being marketed as currency of Internet-of-Things. but as I understand it, it needs heavy processing to send transactions on the sender device. in IOTA FAQ it states expect 5-25 mins on a modern PC ! while most Internet-of-Things devices are very very weak compared to modern PCs. It seems to me, there is a problem here. What do u think ?

Yes, and this problem is in FAQ.
newbie
Activity: 2
Merit: 0
June 19, 2017, 04:17:19 AM
Genuine question guys, IOTA is being marketed as currency of Internet-of-Things. but as I understand it, it needs heavy processing to send transactions on the sender device. in IOTA FAQ it states expect 5-25 mins on a modern PC ! while most Internet-of-Things devices are very very weak compared to modern PCs. It seems to me, there is a problem here. What do u think ?
member
Activity: 78
Merit: 10
June 19, 2017, 02:43:34 AM
To all those that think the price will drop in the few months so you wait to buy, your running the risk of being wrong and having to buy at a much higher price... IOTA is the future and I can see it skyrocketing in price very soon.. 
sr. member
Activity: 342
Merit: 250
June 19, 2017, 01:52:41 AM
I know there's a lot of people that want to buy IOTA but just don't trust Bitfinex because of the exchange hack last year..

There's nothing stopping them, you, me or anyone else here from trading right here in the forums, or on a Google Sheets shared-access spreadsheet, or wherever else. If an exchange is a problem, you can always thread one yourself with 10 or 20 interested others. For example, we've done it with UNO in 2014 with 30-ish users and it worked perfectly, at a small scale.

Obvs, this is for the exchange of bulk packets of coins and clearly is not for day trading type transactions, but the point is, no coin needs to be limited by whichever exchanges support it (notwithstanding the obvious factor of market depth and trading volume being necessary for any coin's longterm health). If there are a lot of people you know who want to buy IOTA, surely some sellers could be found even by offering x BTC for y mIOTA right here in the forums.

Just a thought Smiley
sr. member
Activity: 262
Merit: 250
June 19, 2017, 12:01:09 AM
I know there's a lot of people that want to buy IOTA but just don't trust Bitfinex because of the exchange hack last year..

but against all odds, they end up getting back the money,

seems a heavy build work website to me, i like it,
rather than bittrex, probably made out of bootstrap, it remembers me the crappy cryptsy exchanger

anyway, you move them to your wallet and store them... nothing to care about the exchanger,

probably price will drop way more in the next weeks or months, and more exchangers will end up adding it, no need to rush, i am at bitfinex and didn't buy, price is no sense in my opinion,
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