IOTA is the next big thing - page 31.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: luchins on April 17, 2018, 01:50:46 PM

Quote from: generalizethis on April 17, 2018, 01:10:56 PM

Quote from: luchins on April 17, 2018, 12:55:39 PM

Quote from: Ortorturus on April 17, 2018, 10:21:19 AM

Quote from: Musia on April 16, 2018, 02:38:32 PM

Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.

IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete.

it will became

because too promises but still no working product, AFTER 5 years of development

The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network.

When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0

Are they going to use their ternary ASICs?

What does this mean? It has no correlation with what I have said

It's a joke--the fact that you don't realize the correlation just adds to it.

luchins

newbie

Activity: 204

Merit: 0

Quote from: generalizethis on April 17, 2018, 01:10:56 PM

Quote from: luchins on April 17, 2018, 12:55:39 PM

Quote from: Ortorturus on April 17, 2018, 10:21:19 AM

Quote from: Musia on April 16, 2018, 02:38:32 PM

Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.

IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete.

it will became

because too promises but still no working product, AFTER 5 years of development

The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network.

When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0

Are they going to use their ternary ASICs?

What does this mean? It has no correlation with what I have said

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: luchins on April 17, 2018, 12:55:39 PM

Quote from: Ortorturus on April 17, 2018, 10:21:19 AM

Quote from: Musia on April 16, 2018, 02:38:32 PM

Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.

IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete.

it will became

because too promises but still no working product, AFTER 5 years of development

The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network.

When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0

Are they going to use their ternary ASICs?

luchins

newbie

Activity: 204

Merit: 0

Quote from: Ortorturus on April 17, 2018, 10:21:19 AM

Quote from: Musia on April 16, 2018, 02:38:32 PM

Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.

IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete.

it will became

because too promises but still no working product, AFTER 5 years of development

The tanlge is full of bugs , every hacker on the planet can hack it. DAG and the Tangle will never work because when there is NO incentive to keep secure the network (Fees to the MINERS) there are all the incentives to ATTAK the network.

When you keep your funds into the wallet and you are not sure if tomorow they will be still there (It is already happend) the value of the network is 0

luchins

newbie

Activity: 204

Merit: 0

Quote from: aardvark15 on April 17, 2018, 11:46:27 AM

Quote from: luchins on April 17, 2018, 11:07:39 AM

Quote from: tyKiwanuka on April 17, 2018, 10:19:12 AM

Quote from: luchins on April 17, 2018, 10:09:48 AM

IOTA doesn't have a wallet.

Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)

I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

Iota is already priced in

What is already priced in ?

With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking

I actually think the price can go up because more money will come into the cryptocurrency economy eventually. The total market cap is around 350 billion. Since we are still in the early days of this new technology, we can expect that market cap to keep rising. Bitcoin will get into the trillions at some point. I don’t see why IOTA couldn’t get to 100 billion if Bitcoin is in the trillions.

Tell us one reason why bitcoin should have a trillion market cap

Bitcoin is not the Nasdaq, bro.

You can not replace the precedent performance of the burst of dot.com bubble and comparing with this bubble. Things are similar, but not the same

Nasdaq collects all the tech stocks, bitcoin is a shit coin with archaic tech.

There is no garantee Bitcoin will resemble the 2000 Nasdaq's performance.

Put this in your mind.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: luchins on April 17, 2018, 11:07:39 AM

Quote from: tyKiwanuka on April 17, 2018, 10:19:12 AM

Quote from: luchins on April 17, 2018, 10:09:48 AM

IOTA doesn't have a wallet.

Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)

I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

Iota is already priced in

What is already priced in ?

With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking

I actually think the price can go up because more money will come into the cryptocurrency economy eventually. The total market cap is around 350 billion. Since we are still in the early days of this new technology, we can expect that market cap to keep rising. Bitcoin will get into the trillions at some point. I don’t see why IOTA couldn’t get to 100 billion if Bitcoin is in the trillions.

langdong

member

Activity: 196

Merit: 10

Quote from: luchins on April 17, 2018, 11:07:39 AM

Quote from: tyKiwanuka on April 17, 2018, 10:19:12 AM

Quote from: luchins on April 17, 2018, 10:09:48 AM

IOTA doesn't have a wallet.

Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)

I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

Iota is already priced in

What is already priced in ?

With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking

Sure you can. Why shouldn't you?

luchins

newbie

Activity: 204

Merit: 0

Quote from: tyKiwanuka on April 17, 2018, 10:19:12 AM

Quote from: luchins on April 17, 2018, 10:09:48 AM

IOTA doesn't have a wallet.

Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)

I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

Iota is already priced in

What is already priced in ?

With 2 BILLIONS of coin you can not expect a price increase more than a x10, that's what I am talking

Ortorturus

newbie

Activity: 238

Merit: 0

Quote from: Musia on April 16, 2018, 02:38:32 PM

Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.

IOTA is really under great pressure, if within 2-3 months the situation on the market does not change, I'm afraid that IOTA will completely become obsolete.

tyKiwanuka

legendary

Activity: 1722

Merit: 1671

#birdgang

Quote from: luchins on April 17, 2018, 10:09:48 AM

IOTA doesn't have a wallet.

Hmm, I have my IOTA on a wallet and will have them on an even better wallet, when Trinity will be released. How do you come to that conclusion ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)

I wasn't aware of the fact, that there is an upper limit for how much worth a cryptocurrency can be. Where is this limit ?

Quote from: luchins on April 17, 2018, 10:09:48 AM

Iota is already priced in

What is already priced in ?

luchins

newbie

Activity: 204

Merit: 0

I tried once to talk about IOTA in a forum.

This was this answer: ''Aahahahah IOTA''

IOTA doesn't have a wallet.

In the best case scenario that the product worked, all you could make is a x10, because of the great coin total supply (2 BILLIOOOSNS OF COINS)

There are alternatives in the market with a fewer coin supply , I am talking about CPCchain, Streamr, IOT chainn

Iota is already priced in

cryptojaani

member

Activity: 252

Merit: 71

Quote from: Musia on April 16, 2018, 02:38:32 PM

Iota, as well as bitcoin, is now experiencing hard times. Price sank very much. And if bitcoin supports a huge number of investors, then iota can collapse. It will be a pity.

I was one of the earliest investors of Iota and no doubt it is one of the high potential coin in the market. IOTA has been on the top but oftentimes lower than the top 10 list. But lately, IOTA has finally landed on the top 10. This is a very big step for IOTA. Right now, IOTA has reached the ninth rank with a market cap of more than 3.2 billion in US dollars. The price per IOTA has already reached $1.16 dollars. There will be more to come for this coin.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Nice write-up on a German Engineering site as we head into next week's Hannover Messe exhibition (note that ~10 major companies will have exhibits featuring IOTA POCs): https://www.ingenieur.de/technik/hannover-messe/iota-die-neue-waehrung-der-industrie-4-0/

Translated: https://iota-news.com/iota-the-new-currency-of-industry-4-0/

shadyrifles

full member

Activity: 518

Merit: 101

This is revolutionary idea to make a Real World Usecase i.e. Water and Electricity per Unit: With IOTA´s feeless transactions and both will be instantly paid for per unit of use. No more annual subscriptions or middleman. Read more about IOTA data marketplace as part of smart city research: https://www.apgsga.ch/en/company-market/news-presse-releases/2018/01/29/apgsga-interaction-testet-blockchain-anwendung-im-/

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: luchins on April 16, 2018, 03:19:29 PM

Feeless transactions are a joke, there will always be fees under the form of direct payment or PoW because servers don't run on magic.

Also noone cares about fees as long as they are low and they will being with scaling.

The POW for an IOTA tx is trivial, so it would equivalent to logging onto here. Would you use Bitcointalk or a Bitcointalk that charged you 0.11 a post--now multiply that decsion making a million times to get a glimpse into how corporations and goverments veiw this problem.

Even if a fee is a penny, would you use it for subpenny transactions in the billions--especially if a feeless network exist?

You should probably research the needs of the IOT--you're spouting off nonsense.

tyKiwanuka

legendary

Activity: 1722

Merit: 1671

#birdgang

Quote from: luchins on April 16, 2018, 03:21:02 PM

Bitcoin Cash.

0-conf is accepted by plenty of merchants and fees are under a cent

Still too much for IOT in certain cases. When payments of fractions of a cent are made even "fees under a cent" are too much.

luchins

newbie

Activity: 204

Merit: 0

Bitcoin Cash.

0-conf is accepted by plenty of merchants and fees are under a cent

luchins

newbie

Activity: 204

Merit: 0

Feeless transactions are a joke, there will always be fees under the form of direct payment or PoW because servers don't run on magic.

Also noone cares about fees as long as they are low and they will being with scaling.

TCTDev

sr. member

Activity: 574

Merit: 260

I really like this project. I think that this coin will become one of the most successful coins in 2018. I invested in IOTA and I believe that this will increase my capital.

generalizethis

legendary

Activity: 1750

Merit: 1036

Facts are more efficient than fud

Quote from: luchins on April 16, 2018, 03:01:01 PM

Quote from: generalizethis on April 16, 2018, 02:32:05 PM

Quote from: luchins on April 16, 2018, 02:24:59 PM

Quote from: generalizethis on April 16, 2018, 02:12:01 PM

"Trillions of dollars"? Are you asuming there are a trillion sensors on the planet and one company has to pay for them--otherwise your statement doesn't make sense--though it still doesn't make much sense given there are a few billion IOT devices today and they aren't owned by a single entity.

Companies make money on that data from the devices they own--for example VW's automonous taxi intiative or google delivery drones. Also, they can buy the consumer data from the consumer, which gives them better analytics and market research. Most companies have silos of data sitting in dbs that could be sold on the openmarket through the data marketplace (though that doesn't only apply to data collected by sensors).

I am smart enough to thnk with my head and not to fall into ''data marketplace''

Every blockchain can do that

And once again: I will seel data to Google, not Google to other people.

That's why IOTA is a treat for Amazon, Google

Every blockchain can do feeless and scalable, the things needed to make a data marketplace feasible? Maybe you should go tell them that, because IOTA's the only one testing it. Would be weird that in market of overpromising money grabs, that one of the biggest money makers would be ignored by something anyone can do. /s

If the tangle can't find as much as nodes possible the network will relay on coordinator forever.

What makes you think that a lot of people will join the IOTA network making it stronger?

Beacause Bosch, VW, Fujitsu, Taiwan, Finland and whatever major user of the IOT will want to secure their tx. If I didn't see interest from these types of orginizations, I wouldn't have invested. These people have a well researched need and aren't going to bother unless they think their needs can be met.

Topic: IOTA is the next big thing - page 31. (Read 45394 times)