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Topic: IOTA Crowdsale - page 76. (Read 182701 times)

legendary
Activity: 1202
Merit: 1042
November 29, 2015, 11:18:58 AM
is it posssible to send 2 payments from one bitcoin-adress or are they problems with the verification?
hero member
Activity: 763
Merit: 500
November 29, 2015, 09:42:05 AM
In other words the tx fees are paid in iota tokens? If not what SPECIFIC action individuals do is driving demand for IOTA tokens?

Iota will enable nano payment and an efficient free market for IoT devices to trade data. In the IoT data trading marketplace, Iota tokens are the medium to trade data just like the Petrodollars in the international oil marketplace.

I think your next natural question will be "why is it possible?". It is possible because Iota has the potential to create the first IoT marketplace and companies and devices will have to use it. It is why Bitcoin is worthy much more than any other coins, first mover advantage.
legendary
Activity: 1225
Merit: 1000
November 29, 2015, 08:37:02 AM
In other words the tx fees are paid in iota tokens?

No, it looks like all transactions are free, in a sense that they only cost a little PoW.
sr. member
Activity: 441
Merit: 250
November 29, 2015, 07:24:34 AM
What is the UTILITY of the IOTA token? I.e. what drives it's demand?

The ability to send true micro-transactions, securely in real time on extremely lighthardware. There are 'regular usecases' such as paying in real time for streaming or micro-services that this allows, but to see the true potential you have to contemplate what the Internet of Things truly is. in 5 years there'll be 50 + billion connected devices that communicate and cooperate, given the scarcity of resources this ecosystem will need its own economy, up until now no technology solved this problem, but IOTA does.
In other words the tx fees are paid in iota tokens? If not what SPECIFIC action individuals do is driving demand for IOTA tokens?
hero member
Activity: 589
Merit: 500
November 28, 2015, 09:35:43 PM

 guess Google is supporting IOTA  : )

twitter: https://twitter.com/balajis/status/670535825717727233

Quote
The day is coming when Google must bulk purchase Bitcoin to crawl the machine-payable web: https://21.co/learn/crawl-the-machine-payable-web/#overview
legendary
Activity: 2142
Merit: 1010
Newbie
November 28, 2015, 10:05:46 AM
Hello! I just started my participation. I'm very interested in seeing the algorithm of IOTA. I also liked the name. It is a good name, IoTa for internet of things, and also the Iota is a greek letter, and also a Cealdic currency (from a book, El nombre del viento, the Kingkiller Chronicle), in English a "Jot", in Spanish a "Iota", that is a copper coin, equivalent to 10 Drabs of Iron. 10 Iotas are 1 silver talent and 100 iotas are 1 gold mark, in the same book.

You expect to have the source code by Christmas?

Yes.
full member
Activity: 547
Merit: 105
Bitcoin ya no es el futuro, es el presente
November 28, 2015, 09:57:38 AM
Hello! I just started my participation. I'm very interested in seeing the algorithm of IOTA. I also liked the name. It is a good name, IoTa for internet of things, and also the Iota is a greek letter, and also a Cealdic currency (from a book, El nombre del viento, the Kingkiller Chronicle), in English a "Jot", in Spanish a "Iota", that is a copper coin, equivalent to 10 Drabs of Iron. 10 Iotas are 1 silver talent and 100 iotas are 1 gold mark, in the same book.

You expect to have the source code by Christmas?
hero member
Activity: 714
Merit: 500
November 28, 2015, 09:32:55 AM
What is the UTILITY of the IOTA token? I.e. what drives it's demand?

The ability to send true micro-transactions, securely in real time on extremely lighthardware. There are 'regular usecases' such as paying in real time for streaming or micro-services that this allows, but to see the true potential you have to contemplate what the Internet of Things truly is. in 5 years there'll be 50 + billion connected devices that communicate and cooperate, given the scarcity of resources this ecosystem will need its own economy, up until now no technology solved this problem, but IOTA does.
sr. member
Activity: 441
Merit: 250
November 28, 2015, 09:29:32 AM
What is the UTILITY of the IOTA token? I.e. what drives it's demand?
legendary
Activity: 2142
Merit: 1010
Newbie
November 28, 2015, 08:28:35 AM
So I must sent bitcoin at your adress with bitcoin wallet and nothing else?

https://blockchain.info/wallet will work too.
legendary
Activity: 2408
Merit: 1004
November 28, 2015, 07:48:40 AM
So I must sent bitcoin at your adress with bitcoin wallet and nothing else?
legendary
Activity: 2142
Merit: 1010
Newbie
November 28, 2015, 06:08:35 AM

now here is a nice and easy one:

you won't get confused if I send multiple deposits form the same Bitcoin address, will you?


No, we will use Jinn Intelligence Suite to process the payments, this software is pretty smart to handle such cases.
legendary
Activity: 2142
Merit: 1010
Newbie
November 28, 2015, 06:06:28 AM
It would be nice to have all this tech talk balanced out by some real information on your marketing plans, projected use scenarios, 3 month / 6 month adoption scenarios etc.

The Achilles heel as you know of most NXT origin projects (SN etc) has been far too much tech and little or no attention paid to RW scenarios of marketing, GUI, sales strategy, business plan implementation etc.

Would be nice to see this thread pivot towards an in-depth, specific presentation of these things. If they exist.

Bump.

This would require to leak classified info and lose advantage of being in stealth mode. Need to think if it's worth this.
legendary
Activity: 1181
Merit: 1018
November 28, 2015, 05:51:01 AM

now here is a nice and easy one:

you won't get confused if I send multiple deposits form the same Bitcoin address, will you?
sr. member
Activity: 281
Merit: 250
November 28, 2015, 05:26:47 AM
It would be nice to have all this tech talk balanced out by some real information on your marketing plans, projected use scenarios, 3 month / 6 month adoption scenarios etc.

The Achilles heel as you know of most NXT origin projects (SN etc) has been far too much tech and little or no attention paid to RW scenarios of marketing, GUI, sales strategy, business plan implementation etc.

Would be nice to see this thread pivot towards an in-depth, specific presentation of these things. If they exist.

Bump.
legendary
Activity: 2142
Merit: 1010
Newbie
November 28, 2015, 03:54:51 AM
Can used my bitstamp adress for buying iota coin?.??L!

No, I think.
legendary
Activity: 2142
Merit: 1010
Newbie
November 28, 2015, 03:54:01 AM
Can sent bitcoin from my coin base wallet
Or not?

Stay away of Coinbase.
legendary
Activity: 2408
Merit: 1004
November 27, 2015, 08:47:48 PM
Can used my bitstamp adress for buying iota coin?.??L!
legendary
Activity: 2408
Merit: 1004
November 27, 2015, 08:35:03 PM
Can sent bitcoin from my coin base wallet
Or not?
legendary
Activity: 2142
Merit: 1010
Newbie
November 27, 2015, 04:56:28 PM
Crowdsale is a different way to say ICO?

No, we sell software, ICO stands for Initial Coin Offering.
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