Topic: [IOTA] IOTA Speculation - page 124. (Read 171564 times)

Then the people who are sitting on the fence is truly clueless, no ifs and buts about it. IOTA is already considered one of the major technological achievements of crypto, it's already 20xed pre-launch, it's already got huge companies interested in it. If those achievements are not enough to sway these people and instead they need some sort of additional 'appeal to authority', then they are literally dumb.

Then I am sure you can find someone equivalent Dirk. It's really that easy, if you can find a multi-national company that is in this space that will offer a better overall deal, then I'm all in for considering it. Don't forget that IOTA is a open source project that these companies can easily copy tomorrow and then leave IOTA as nothing more than a footnote in the history of technology. IOTA, the brand and community that we have created will only prosper if we get the traction needed in the beginning, so I'll be awaiting your PM, and if I don't get one I'll keep moving ahead with my plan.

I'm sure people will heavily invest in foundation when big-deal-buyers will be known. So indeed, if big buyers wait for the foundation to be founded before walking out the wood, we have a problem.
Anyway, the foundation is already well founded: how did you get the 50 million old iota number? is it a request of big buyers?

add!!

From chat.iotatoken.com:

These numbers are anthropocentric and plucked out of thin air- just launch the foundation with 50% and put a second fund raising round for the foundation on the roadmap.
These 'buyers' may certainly bring a lot to the table, and negotiating a discount is all fine and dandy, but once again the numbners are plucked out of thin air- and when it gets close to the mark it should be negotiable, so if they get 85% of the amount originally brought up, there should be no fundamental obstacle if they are negotiating in good faith.

It is not that they'd be doing IOTA a unilateral favour: They get a bulk discount, that is it, and that is very negotiable!
So making rigid demands does not shed a good light on those asking for such a discount.

Haha, you are very smart.

It evolved into the dinosaur or the egg problem.

They may very well do later on, but you have to understand that these are not small companies, they don't care about chump change. For them this is about being at the forefront of a brand new technology and working out how it can improve their business model down the line. Naturally it is in their interest to fund further development etc. of IOTA down the line, but as it stand right now *we* benefit the most from this mutual relationship.

if they are looking to become foundation members, they should contribute to the funding also: they will have a good price for the iota they buy, I think it's normal they contribute to the foundation funding too.

I'm not so sure that's an accurate diagnosis. The foundation should be supported regardless of the big deal. The foundation will serve as that; the foundation for IOTA's continued adoption. The reason that the 'big deal' people set it as a pre-requisite is simply because they must feel confident in IOTA's ability to grow, which they will help with, and they see a foundation as a necessary component to that. Some of these companies are also looking to become foundation members, which will help immensly.

It's such a simple math equation. First of all I want to say that I am really happy and proud that so many have pledged, but for those who haven't: it's mindboggling to me. We're talking about parting with 5-10% to ensure that your remaining 90-95% becomes 10-100x as useful and valuable. By not donating you are essentially just playing a casino game with very bad odds.

At the moment we have a really good position, I really hope the community does not choose to gamble it away due to primitive and stupid greed that is equivalent to taking a railgun and aiming at your foot.

Everyone knows that the egg appeared first, it was an egg of a dinosaur, but with mutations that created a chicken. Does this help to solve our problem?

Looks like we got the old chicken and egg problem.

Big deals will most likely only happen if foundation is established. It's a demand from the potential buyers.

Yep, it's quiet about that. Any news on the big deal btw?

IOTA testing of 0.9.7
http://forum.iotatoken.com/t/iota-testing-of-0-9-7-has-commenced/274/1
-[Show Bundle] button is fixed.

My up to date sale amounts:

111,181,240,000.00    @ 1 btc          cc001
333,543,720,000.00    @ 3btc           schnib
222,362,480,000.00    @ 2btc           Metaphilibert
111,181,240,000.00    @ 1 btc          Yeash20
333,543,720,000.00    @ 3 btc          arjen01
166,771,860,000.00    @ 1.5btc        MoneyTeam
11,118,124,000.00      @ 0.1btc        tk88one
138,976,550,000.00    @ 1.25 btc      proto
22,236,248,000.00      @ 0.2 btc       adam9910
222,362,480,000.00    @ 2 btc          Dexter12
8,894,499,200,000.00  @ 80 Btc        bigiotabig
55,590,620,000.00      @ 0.5 Btc       Torn
111,181,240,000.00    @ 1 btc          zzzman20
111,181,240,000.00    @ 1 btc          transpotime21bus
22,236,248,000          @ 0.2 btc       adam9910
333,543,720,000.00    @ 3 btc          ramsroyal
222,362,480,000.00    @ 2 btc          mr001
113,960,771,000        @ 1.025 btc     braelis
544,788,076,000        @ 4.9 btc        [anon]
55,590,620,000          @ 0.5 btc        SupZ
200G                       @ 2 btc           hasseklas

I have opened up a new batch of sales on behalf of a good friend of mine who doesn't use this forum, that I had convinced to buy IOTA. Needless to say, he's happy to hear the price.
He has 4,000G IOTA for sale at a rate of 1 BTC == 120G IOTA. Please contact me if you are interested, I will be brokering the deal on my reputation, and holding back any coins from him until the IOTA are sent.

Well, it's a good time to remind everyone that we need you to donate IOTAs to establish Foundation!

https://docs.google.com/spreadsheets/d/17d2k_0Xgy2SSFx6NWx2xyrgF9pFcs_Mr-GgVg5Uvzjw/edit?ts=56eac2b7#gid=0

Again, just so people don't get it confused: There is no date set. Date will be announced very broadly when it's ready.