Pages:
Author

Topic: [IOTA] IOTA Speculation - page 83. (Read 127596 times)

sr. member
Activity: 419
Merit: 250
March 01, 2016, 06:48:20 PM
That was not the question and yes it is

Sorry, after rereading my post I could have been more careful of my tone/answer.

I'm not sure, I didn't do the math. 1300 sat was the  crowdsale price I believe
sr. member
Activity: 419
Merit: 250
March 01, 2016, 06:44:54 PM
Are you guys sure it wouldn't be a good idea to set up an asset on the NXT AE.

1 Iota = 1 (whatever you wish to call it)

Then, people can have you send them their asset (that represents real Iota), and once you do that, their Iotas go to the " general asset address".

Then, people can trade Iotas freely right away.

Once launch comes, anyone who sends in 1 asset, gets 1 actual Iota sent to them out of the General Asset Address.

Something like what NEM did, if you're familiar.

I was just thinking it would further spread out distribution because some who wouldn't sell all their Iotas out of the Genesis Address, could just sell a portion instead.

I know there was some concern about setting up a market early, but now that is happening anyway, so I just figured I'd bring it up, so we could get the distribution spread further and let real trading begin.

Also, this would stop someone from creating an Iota asset that doesn't intend to deliver, because everyone would use the official one.

Maybe it would be too much work? Maybe CFB could automate it? I have no idea.

I just think at this point in time, it would benefit Iota if it wouldn't be too much of a distraction to CFB.

Just a idea guys. Sometimes I have good ones, sometimes bad lol

Thanks

It's possible to use multisig feature of Iota to create a federated control over iotas. Issue an asset and set such the condition that if asset units are sent to the genesis then the controllers will transfer the corresponding number of iotas from their multiaddress to the address specified in MESSAGE field of that Nxt transaction.

EDIT: I can help to merge several addresses into a multiaddress and issue the asset (together with sending initial asset units in proportion to iotas put into the multiaddress).


Thanks CFB!

Can you give an hypothetical example of how this would work


I dont think Nxt nor possible buyers need the volatility this would bring to nxt. Be patient.

I understand what you are saying. At least I think I do.

My question would be, wouldn't the fact that people buying Nxt to purchase the assets, then cancel out the downward pressure that would occur when sellers sold their Nxt for BTC?

Also, wouldn't this help Nxt. I was under the impression that you guys are looking for it to be used in real life?

Or am I completely missing your point?

What do others think of this?

Edit:
Are there more suitable platforms? Nxt was just the first thing to come to mind
member
Activity: 107
Merit: 10
March 01, 2016, 06:43:00 PM
That was not the question and yes it is
sr. member
Activity: 419
Merit: 250
March 01, 2016, 06:35:38 PM
That price, it's like x25 the ipo price ?

The IPO price is of no significance to the market price.

But they are exciting times for Iota, and this is just the beginning yes 
member
Activity: 107
Merit: 10
March 01, 2016, 06:29:57 PM
That price, it's like x25 the ipo price ?
sr. member
Activity: 255
Merit: 251
March 01, 2016, 06:05:12 PM
Breaking News

BIG Seller sell 10.5 Million IOTAs for 250 btc non negotiable
Escrow Come-from-Beyond mandatory
you can contact seller here : AltcoinScamfinder

Very interested to see if this is filled.
legendary
Activity: 1540
Merit: 1000
March 01, 2016, 05:59:03 PM
Breaking News

BIG Seller sell +10.5 Million IOTAs for 250 btc non negotiable
Escrow Come-from-Beyond mandatory
you can contact seller here : AltcoinScamfinder
sr. member
Activity: 288
Merit: 250
March 01, 2016, 05:39:44 PM
I dont think Nxt nor possible buyers need the volatility this would bring to nxt. Be patient.
legendary
Activity: 1540
Merit: 1000
March 01, 2016, 04:33:39 PM
Thanks for adding. Please change BBIOTA in OP to CIOTA
Hooo sorry, edited Wink
legendary
Activity: 2142
Merit: 1010
Newbie
March 01, 2016, 04:27:00 PM
Are you guys sure it wouldn't be a good idea to set up an asset on the NXT AE.

1 Iota = 1 (whatever you wish to call it)

Then, people can have you send them their asset (that represents real Iota), and once you do that, their Iotas go to the " general asset address".

Then, people can trade Iotas freely right away.

Once launch comes, anyone who sends in 1 asset, gets 1 actual Iota sent to them out of the General Asset Address.

Something like what NEM did, if you're familiar.

I was just thinking it would further spread out distribution because some who wouldn't sell all their Iotas out of the Genesis Address, could just sell a portion instead.

I know there was some concern about setting up a market early, but now that is happening anyway, so I just figured I'd bring it up, so we could get the distribution spread further and let real trading begin.

Also, this would stop someone from creating an Iota asset that doesn't intend to deliver, because everyone would use the official one.

Maybe it would be too much work? Maybe CFB could automate it? I have no idea.

I just think at this point in time, it would benefit Iota if it wouldn't be too much of a distraction to CFB.

Just a idea guys. Sometimes I have good ones, sometimes bad lol

Thanks

It's possible to use multisig feature of Iota to create a federated control over iotas. Issue an asset and set such the condition that if asset units are sent to the genesis then the controllers will transfer the corresponding number of iotas from their multiaddress to the address specified in MESSAGE field of that Nxt transaction.

EDIT: I can help to merge several addresses into a multiaddress and issue the asset (together with sending initial asset units in proportion to iotas put into the multiaddress).
sr. member
Activity: 419
Merit: 250
March 01, 2016, 04:07:35 PM
The transfer of BTC has been made. Can you please confirm the transfer of ownership of the IOTA in the genesis block.

Thanks!

Confirmed.

Are you guys sure it wouldn't be a good idea to set up an asset on the NXT AE.

1 Iota = 1 (whatever you wish to call it)

Then, people can have you send them their asset (that represents real Iota), and once you do that, their Iotas go to the " general asset address".

Then, people can trade Iotas freely right away.

Once launch comes, anyone who sends in 1 asset, gets 1 actual Iota sent to them out of the General Asset Address.

Something like what NEM did, if you're familiar.

I was just thinking it would further spread out distribution because some who wouldn't sell all their Iotas out of the Genesis Address, could just sell a portion instead.

I know there was some concern about setting up a market early, but now that is happening anyway, so I just figured I'd bring it up, so we could get the distribution spread further and let real trading begin.

Also, this would stop someone from creating an Iota asset that doesn't intend to deliver, because everyone would use the official one.

Maybe it would be too much work? Maybe CFB could automate it? I have no idea.

I just think at this point in time, it would benefit Iota if it wouldn't be too much of a distraction to CFB.

Just a idea guys. Sometimes I have good ones, sometimes bad lol

Thanks
sr. member
Activity: 317
Merit: 250
March 01, 2016, 03:58:35 PM
Thanks for adding. Please change BBIOTA in OP to CIOTA
legendary
Activity: 1540
Merit: 1000
March 01, 2016, 03:52:52 PM
Add New Seller @bitme!!  Grin
legendary
Activity: 2142
Merit: 1010
Newbie
March 01, 2016, 12:51:42 PM
The transfer of BTC has been made. Can you please confirm the transfer of ownership of the IOTA in the genesis block.

Thanks!

Confirmed.
member
Activity: 99
Merit: 91
March 01, 2016, 12:48:30 PM
This is to confirm a replacement of
Code:
TMZWPWVXAPPYPCDQRJVMTAVOOCGAVTRRDFTERFYUEUPYYPVVFCEAPGBA9PPGSBKCYHGK9NCFJBOCSPQRS
with
Code:
RXPLZLVMOJDTULDMAD9CLYKIZ9ENMZBZKOBVZIR9OYBNOUUOEDPE9VZVT9UVAIEFTZMGGDPAPCJXOMCLG
in Iota genesis.

The address contains 257'976 iotas.

3.8695 BTC must be transferred to 19LWqRuFXArkFc2hn7Lknck9TmirNpK5mk and get at least 6 confirmations within the next 72 24 hours for the replacement to happen.

The owner of 19LWqRuFXArkFc2hn7Lknck9TmirNpK5mk confirmed this replacement by signing
Code:
3.8695 BTC => RXPLZLVMOJDTULDMAD9CLYKIZ9ENMZBZKOBVZIR9OYBNOUUOEDPE9VZVT9UVAIEFTZMGGDPAPCJXOMCLG
and providing
Code:
IMFNDnKv++F5ujOwBVSqvGBRe4v+bGlL3U5DuNhCwTMsPay0msjfDJpQzPOE1lPfcqqsFwrbHVa1ouyW0pzlC4c=
signature.

The transfer of BTC has been made. Can you please confirm the transfer of ownership of the IOTA in the genesis block.

Thanks!
legendary
Activity: 1181
Merit: 1018
March 01, 2016, 10:42:31 AM
I come from the future (the beyond I guess)...

I WTS 2 million IOTA for US$15,000,000.00. Offer lasts only until I return to the year 2020 in 48 hrs.

DITO

I won't undercut my fellow time traveller, since we both checked the price of IOTA before hitting the transmute button.
So I offer 2 million IOTA for US$15,000,000.00. Offer lasts only until I return to the year 2020 in 72 hrs (my Transmuter is tuned differently than rtrtcryptos) .
hero member
Activity: 627
Merit: 500
March 01, 2016, 10:31:30 AM
I come from the future (the beyond I guess)...

I WTS 2 million IOTA for US$15,000,000.00. Offer lasts only until I return to the year 2020 in 48 hrs.
member
Activity: 79
Merit: 10
March 01, 2016, 10:27:23 AM
This is to confirm a replacement of
Code:
TMZWPWVXAPPYPCDQRJVMTAVOOCGAVTRRDFTERFYUEUPYYPVVFCEAPGBA9PPGSBKCYHGK9NCFJBOCSPQRS
with
Code:
RXPLZLVMOJDTULDMAD9CLYKIZ9ENMZBZKOBVZIR9OYBNOUUOEDPE9VZVT9UVAIEFTZMGGDPAPCJXOMCLG
in Iota genesis.

The address contains 257'976 iotas.

3.8695 BTC must be transferred to 19LWqRuFXArkFc2hn7Lknck9TmirNpK5mk and get at least 6 confirmations within the next 72 hours for the replacement to happen.

The owner of 19LWqRuFXArkFc2hn7Lknck9TmirNpK5mk confirmed this replacement by signing
Code:
3.8695 BTC => RXPLZLVMOJDTULDMAD9CLYKIZ9ENMZBZKOBVZIR9OYBNOUUOEDPE9VZVT9UVAIEFTZMGGDPAPCJXOMCLG
and providing
Code:
IMFNDnKv++F5ujOwBVSqvGBRe4v+bGlL3U5DuNhCwTMsPay0msjfDJpQzPOE1lPfcqqsFwrbHVa1ouyW0pzlC4c=
signature.

The deal was open for 24 hours. Come-from-Beyond please fix it. It was my fault i didnt told you within todays morning typing.
legendary
Activity: 1092
Merit: 1000
March 01, 2016, 10:20:51 AM
All these executed orders help adoption and make community bigger  Cool

Happy are those who first bought cheap (while all of us wish to have invested more  Wink )  

I agree. Before Nxt went to exchange a few people sold me a total of 1 million Nxt at what was well above ICO prices. Then Nxt went to .00015 within a month of being on an exchange. I did very well because people sold some to me.

So me and 1 other person I know wanted to do the same thing with Iota. Now Iota will certainly go to more than .00015  during Iotas early days because "The Internet of Things" is an emerging technology field known in the greater non-crypto world. Iota can leverage non-crypto partnerships that Nxt never could.

But the point here is that while I could have made more by holding everything till the height of initial frenzy, which will probably be some months down the road, I felt it was just as important to sell some and set a bottom price from which to speculate from. I have 10 buyers that are very happy today.

Great initiative. It's all about adoption, getting people involved. I just don't have enough to comfortably sell some...  Tongue
legendary
Activity: 2156
Merit: 1070
March 01, 2016, 10:06:00 AM
All these executed orders help adoption and make community bigger  Cool

Happy are those who first bought cheap (while all of us wish to have invested more  Wink )  

I agree. Before Nxt went to exchange a few people sold me a total of 1 million Nxt at what was well above ICO prices. Then Nxt went to .00015 within a month of being on an exchange. I did very well because people sold some to me.

So me and 1 other person I know wanted to do the same thing with Iota. Now Iota will certainly go to more than .00015  during Iotas early days because "The Internet of Things" is an emerging technology field known in the greater non-crypto world. Iota can leverage non-crypto partnerships that Nxt never could.

But the point here is that while I could have made more by holding everything till the height of initial frenzy, which will probably be some months down the road, I felt it was just as important to sell some and set a bottom price from which to speculate from. I have 10 buyers that are very happy today.
Pages:
Jump to: