[IOTA] IOTA Speculation - page 62. | Bitcointalksearch.org

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: schnib on March 09, 2016, 07:10:16 AM

Quote from: _mr_e on March 08, 2016, 09:31:17 PM

I will be happy to sell you. You will need to trust me to send after IOTA is released but I am a well known member of the community and I'm sure many will vouche for me. Please let me know.

Still selling much IOTA:

~5 million IOTA for sale at a rate of 1 btc == 40,000 IOTA

I'm surprised to see so many buying from others at the same price yet my sells have gone completely ignored:(

i would buy 3BTC = 120k if we do escrow via Paul Coinimal TwinWinNerD , founder of coinimal.
He does escrow for Lisk ICO as well.

TwinWinNerD knows me well. I am willing to do this. How will it work, he will hold the 3 Btc until IOTA release?

schnib

sr. member

Activity: 270

Merit: 250

Quote from: _mr_e on March 08, 2016, 09:31:17 PM

I will be happy to sell you. You will need to trust me to send after IOTA is released but I am a well known member of the community and I'm sure many will vouche for me. Please let me know.

Still selling much IOTA:

~5 million IOTA for sale at a rate of 1 btc == 40,000 IOTA

I'm surprised to see so many buying from others at the same price yet my sells have gone completely ignored:(

i would buy 3BTC = 120k if we do escrow via Paul Coinimal TwinWinNerD , founder of coinimal.
He does escrow for Lisk ICO as well.

LitcoinCollector

legendary

Activity: 1092

Merit: 1000

Quote from: child_harold on March 09, 2016, 05:19:12 AM

Quote from: rdanneskjoldr on March 09, 2016, 05:16:00 AM

Whatever, this is not about YOU. Its just a general advice for everyone willing to trade.

Cool, but like I said before, when I look at these escrow providers on BTT they appear to me little more than Legendary members who have garnered trust over time.

Is that a fair description or am I missing something?

There is a conflict in interest. It is good practice to use an escrow, a trustworthy third party.

yassin54

legendary

Activity: 1540

Merit: 1000

Maybe i can creat escrow service but just NXT

procedure : 1 - buyer sent NXT in my account + message uncrypted for adress iota

2 - when iota is available, seller sent amount for new adress Buyer

3 - when all is confirmed, i sent NXT for seller

What do you think? Roll Eyes

or else the seller made trust

my suggestion list for the seller if you want to buy IOTA : https://bitcointalksearch.org/topic/m.14139991
   https://bitcointalksearch.org/topic/m.14132970
   https://bitcointalksearch.org/topic/m.14141420
   https://bitcointalksearch.org/topic/m.14105821

PS : I forgot to say Service Escrow is Free

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: rdanneskjoldr on March 09, 2016, 05:16:00 AM

Whatever, this is not about YOU. Its just a general advice for everyone willing to trade.

Cool, but like I said before, when I look at these escrow providers on BTT they appear to me little more than Legendary members who have garnered trust over time.

Is that a fair description or am I missing something?

rdanneskjoldr

sr. member

Activity: 288

Merit: 250

Whatever, this is not about YOU. Its just a general advice for everyone willing to trade.

DO NOT TRADE WITHOUT ESCROW.

If someone decides to do it, its fine, but if something happens don't come later crying asking for justice or their money back.

yassin54

legendary

Activity: 1540

Merit: 1000

Quote from: _mr_e on March 08, 2016, 09:31:17 PM

Still selling much IOTA:

~5 million IOTA for sale at a rate of 1 btc == 40,000 IOTA

add!!

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: AltcoinScamfinder on March 09, 2016, 04:37:54 AM

Quote from: child_harold on March 09, 2016, 04:33:05 AM

Quote from: wizzardTim on March 09, 2016, 04:20:28 AM

I guess it could work that way:

Buyer sends BTC to escrow (and informs him and you about his IOTA address).
You send the IOTA to the buyers IOTA address.
You send the tx id of the transaction of the IOTA transfer (using a tangle explorer) to the escrow as proof.
The escrow sends you the BTC.

This could work great, unless there's something I'm missing. What do you guys think?

Except that the IOTA sender could still back out entirely, so it's still flawed.

Well yea, but so could the BTC seller if the process was reversed. ALL forms of Escrow depends on the people in the deal going through with it, or the funds are returned. That's sort of the entire point of.. Escrow..

I suppose some people would feel better doing it the way you suggest.

On the other hand what Im doing is essentially the same as what CfB and David did to get this project started, selling IOTA for BTC.
When I look at these escrow providers on BTT they appear to me little more than Legendary members who have garnered trust over time (correct me if wrong), a quality which I believe I also possess. So the choice seems to be whether one trusts another BTT member more than me.

rdanneskjoldr

sr. member

Activity: 288

Merit: 250

You can leave a security deposit you would lose if you turned down the deal.
Giving the password doesn't guarantee anything, as you can still take the funds after launch, so its worst.

Better to only trust in completing the trade, than in seller not taking both iota and the btc.

AltcoinScamfinder

hero member

Activity: 840

Merit: 500

Quote from: child_harold on March 09, 2016, 04:33:05 AM

Quote from: wizzardTim on March 09, 2016, 04:20:28 AM

I guess it could work that way:

Buyer sends BTC to escrow (and informs him and you about his IOTA address).
You send the IOTA to the buyers IOTA address.
You send the tx id of the transaction of the IOTA transfer (using a tangle explorer) to the escrow as proof.
The escrow sends you the BTC.

This could work great, unless there's something I'm missing. What do you guys think?

Except that the IOTA sender could still back out entirely, so it's still flawed.

Well yea, but so could the BTC seller if the process was reversed. ALL forms of Escrow depends on the people in the deal going through with it, or the funds are returned. That's sort of the entire point of.. Escrow..

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: wizzardTim on March 09, 2016, 04:20:28 AM

I guess it could work that way:

Buyer sends BTC to escrow (and informs him and you about his IOTA address).
You send the IOTA to the buyers IOTA address.
You send the tx id of the transaction of the IOTA transfer (using a tangle explorer) to the escrow as proof.
The escrow sends you the BTC.

This could work great, unless there's something I'm missing. What do you guys think?

Except that the IOTA sender could still back out entirely, so it's still flawed.

yassin54

legendary

Activity: 1540

Merit: 1000

Quote from: wizzardTim on March 09, 2016, 04:20:28 AM

Regarding speculation: I see a bigger market cap for IOTA than ETH (there's possibility even to surpass BTC), due to its bigger vision. I am still surprised from what I read in the bitcoinist article. Great times ahead Cool

Another Article https://securityledger.com/2016/03/blockchain-or-tangle-securing-transactions-on-the-iot-bitcoinist-net/ Wink

https://twitter.com/Altcoinspekulan/status/707484050576044033 Cool

yassin54

legendary

Activity: 1540

Merit: 1000

Quote from: WorldCoiner on March 09, 2016, 01:39:46 AM

It's all about trust and if the people are knowing you. This is a kind of advantage for me, I'm Mr. IOTA in Germany Wink

Small Update from my side: 2.7 Million IOTA are left of the 3.0 Million I offered yesterday.
Thanks all buyers for trusting me here.
More information here:
https://bitcointalksearch.org/topic/m.14132970

Nice sold for moment my friend!!

Congratulation for the buyer!! Cool

LiQio

legendary

Activity: 1181

Merit: 1002

Quote from: rdanneskjoldr on March 09, 2016, 04:03:43 AM

Quote from: child_harold on March 09, 2016, 02:46:10 AM

Since CfB has ended escrow any deals will presumably have to be based on trust

To mitigate trust requirements Im offering 4 gentleman's agreements to buy small quantities to be sent to you after you provide an IOTA address following genesis (which looks as tho it'll be very soon).

PM me or reply in-thread for greater transparency.

Warning

Please people, don't trade without escrow. Its super simple, almost everyone use it and it secures your investment. Run away from people who say the only way to do it is based on trust. There are many other escrows available.

How does one find a reliable/trustworthy escrow?

wizzardTim

legendary

Activity: 1708

Merit: 1000

Reality is stranger than fiction

I guess it could work that way:

Buyer sends BTC to escrow (and informs him and you about his IOTA address).
You send the IOTA to the buyers IOTA address.
You send the tx id of the transaction of the IOTA transfer (using a tangle explorer) to the escrow as proof.
The escrow sends you the BTC.

This could work great, unless there's something I'm missing. What do you guys think?

_______________________________________________________________________________ __

Regarding speculation: I see a bigger market cap for IOTA than ETH (there's possibility even to surpass BTC), due to its bigger vision. I am still surprised from what I read in the bitcoinist article. Great times ahead Cool

Quote from: child_harold on March 09, 2016, 04:06:52 AM

Quote from: rdanneskjoldr on March 09, 2016, 04:03:43 AM

Quote from: child_harold on March 09, 2016, 02:46:10 AM

Since CfB has ended escrow any deals will presumably have to be based on trust

To mitigate trust requirements Im offering 4 gentleman's agreements to buy small quantities to be sent to you after you provide an IOTA address following genesis (which looks as tho it'll be very soon).

PM me or reply in-thread for greater transparency.

Please people, don't trade without escrow. Its super simple, almost everyone use it and it secures your investment. Run away from people who say the only way to do it is based on trust. There are many other escrows available.

Speaking for myself I can be trusted. I'm not gonna screw people over (or risk a vendetta) for a couple BTC
I am not using an escrow since I am not comfortable giving my IOTA password to anybody

If there is a way to create escrow without revealing my IOTA password Im all ears.

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: rdanneskjoldr on March 09, 2016, 04:03:43 AM

Quote from: child_harold on March 09, 2016, 02:46:10 AM

Since CfB has ended escrow any deals will presumably have to be based on trust

To mitigate trust requirements Im offering 4 gentleman's agreements to buy small quantities to be sent to you after you provide an IOTA address following genesis (which looks as tho it'll be very soon).

PM me or reply in-thread for greater transparency.

Please people, don't trade without escrow. Its super simple, almost everyone use it and it secures your investment. Run away from people who say the only way to do it is based on trust. There are many other escrows available.

Speaking for myself I can be trusted. I'm not gonna screw people over (or risk a vendetta) for a couple BTC
I am not using an escrow since I am not comfortable giving my IOTA password to anybody

If there is a way to create escrow without revealing my IOTA password Im all ears / would be interested to hear about it.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: crema on March 09, 2016, 04:01:57 AM

Please someone can explain me how to create a Iota address?

Steps 1 - 3 on http://collect.iotatoken.com (make sure you see exactly this address in the browser)

child_harold

hero member

Activity: 812

Merit: 1000

Quote from: crema on March 09, 2016, 04:01:57 AM

Hello I am new on Iota.
I would like to purchase some soon.

Please someone can explain me how to create a Iota address?

Thank you very much

We are all waiting for the launch, due shortly
I would wait for this and the release of wallets before generating your IOTA address.

rdanneskjoldr

sr. member

Activity: 288

Merit: 250

Quote from: child_harold on March 09, 2016, 02:46:10 AM

Since CfB has ended escrow any deals will presumably have to be based on trust

To mitigate trust requirements Im offering 4 gentleman's agreements to buy small quantities to be sent to you after you provide an IOTA address following genesis (which looks as tho it'll be very soon).

PM me or reply in-thread for greater transparency.

Warning

Please people, don't trade without escrow. Its super simple, almost everyone use it and it secures your investment. Run away from people who say the only way to do it is based on trust. There are many other escrows available.

crema

newbie

Activity: 58

Merit: 0

Hello I am new on Iota.
I would like to purchase some soon.

Please someone can explain me how to create a Iota address?

Thank you very much

Topic: [IOTA] IOTA Speculation - page 62. (Read 127596 times)