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Topic: IOTA is the next big thing - page 76. (Read 45393 times)

hero member
Activity: 493
Merit: 551
November 08, 2017, 08:56:11 AM
#43
It seems the Fujitsu rumours are true, could be the Fujitsu-IOTA cooperation could be today revealed here: https://twitter.com/ThiemeFJ/status/928235039539843072
member
Activity: 72
Merit: 10
November 07, 2017, 07:02:24 PM
#42
Great write-up. I love me some tech and when I started reading the tech details behind the IOTA and the tangle it got me really interested to follow along and realize it has some really great future applications. Value wise, I could definitely see this being top 5 in the cryptoasset world.
hero member
Activity: 493
Merit: 551
November 07, 2017, 04:33:37 PM
#41
@Ignihas @Bucciarati @Collectorcoin

Thanks guys, glad you enjoyed it.

This is also an interesting information: https://medium.com/@SatoshiPay/satoshipay-iota-proof-of-concept-launched-111b5c0d4bcf

SatoshiPay is a company also from Germany like the IOTA Foundation. They make micropayments available, they will switch from BTC to IOTA and that makes sense as IOTA is feeless, fast and makes so microtransactions. Take a look at their examples. With IOTA and SatoshiPay you will be able to pay for every kind of web content via browser. So bloggers and newspaper would not need Google Adwords any more but would make money with this. This is a multibillion market and the Deutsche Telekom has announced support for SatoshiPay.

This is a real world application, not vapourware and ICO blabla. Honestly I expect IOTA to have faster and more of real and useful applications then Ethereum.
newbie
Activity: 56
Merit: 0
November 07, 2017, 10:16:03 AM
#40
This was an extremely well thought out and written article. I wish more people took time out of their day to do something like this. You do not see others, like yourself, steering people away from the copious amounts of new Altcoins that have no future.

Even the ones like Bitconnect, as you mentioned, that might appear stable but anyone who has been in Cryptos for years knows this is not the case.

I personally used to invest in GawMiners as I thought "Cloud Mining" was an amazing concept. I was fortunate enough to get out before everyone realized GawMiners was just a huge ponzi scheme that did not actually have any Mining Rigs or technology backing them. Huge Scams seem to come more and more regularly now and it is nice to see someone guiding the way or shining a light on somethings to help out newer members.

Thank You For This!
member
Activity: 159
Merit: 11
November 07, 2017, 09:54:25 AM
#39
This is really Promising and a Great Huge project and i guess 2019 is the starting skyrocket of IOTA to the moon IMHO! Wink
2019?? It's a crypto! Nobody will wait until 2019 to get some profit!
member
Activity: 364
Merit: 10
November 07, 2017, 09:40:01 AM
#38
This is really Promising and a Great Huge project and i guess 2019 is the starting skyrocket of IOTA to the moon IMHO! Wink
sr. member
Activity: 401
Merit: 250
Presale is live!
November 07, 2017, 04:33:07 AM
#37
At the moment I agree that IOTA is probably going to be the next big thing. Its still not moon ed at all, thinking about full potential. My biggest concern with IOTA is its market support. I want to see it on bittrex, poloniex, and many others.
hero member
Activity: 493
Merit: 551
November 07, 2017, 02:39:22 AM
#36
@ Coinomist

Are you sure?
If yes, maybe we could bet about Bittrex and maybe some Japanese exchanges adding IOTA in the next time? Grin
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
November 06, 2017, 06:40:58 PM
#35
This observation is spot on:

The thing that pisses me off about IOTA is the ongoing snapshots, disappearing balances(having to generate new addresses in a new wallet to get the funds back) and loss of access to your coins when the devs decide to move them all to an address they control and you have to wait a month for them to release a new tool to try and get them back.

Is IOTA decentralised when at any time the dev team can literally take your funds and move them to an address only they control without your pre approval?

And now about that:

IOTA is only on Bitfinex and Binance - more exchanges will come

Impossible. No site can risk adding a coin where the devs snitch ballances from wallets. They did that one time, and one time only is sufficient to never trust this project anymore. It's over, they messed up their project. A NO GO, as in unforgiveable curse.
Imagine Satoshi Nakamoto would have taken all your Bitcoins into his wallet "for your safety" since you have reused any addresses?

Unimaginable. Bitcoin would be dead today.
member
Activity: 140
Merit: 10
November 06, 2017, 06:25:33 PM
#34
I think that in 2-3 years IOTA will be the second after BTC.
full member
Activity: 700
Merit: 108
November 06, 2017, 04:33:38 PM
#33
weel, thank you for you insights op, you get my attention when you cited bosch and other big players. maybe they are investing only to gather infos on technology and create their own but indeed i can see the potential for a profitable trade strategy

full member
Activity: 196
Merit: 100
Hoqu.io – Decentralized Affiliate platform
November 06, 2017, 04:19:56 PM
#32
IOTA will be the future with a tangle instead of a blockchain. Right now it is trapped in the altcoin purge, might go a bit lower still. But longterm a great investment probably
newbie
Activity: 11
Merit: 0
November 06, 2017, 01:46:11 PM
#31
yes  but  many people say it's hackable, you have not answered  to this problem... it's a big problem if  the tangle is ''hackable'', that's why iota does not skyrocket.   Who would invest in an hackable  currency?  

You repeat "hackable" three times! With much repetition it becomes a truth with no proof? Don't listen to Core + Blockstream trolls. Investigate:

https://satoshiwatch.com/coins/iota/articles/glaring-dishonesty-mit-researchers

Never has Iota been hacked
member
Activity: 224
Merit: 10
One Token to Move Anything Anywhere
November 06, 2017, 05:30:52 AM
#30
Thanks man. Finally, glad to see someone write very deep explanation about IOTA. At the first time, i din't recognize IOTA, and very underestimated this project. What i can't understand is, i am still not fully believe in the existence of feeless transaction. How? but i think, this thread make me realize to explore more about IOTA.
full member
Activity: 224
Merit: 100
November 06, 2017, 05:25:35 AM
#29
Ehm....yes... Roll Eyes Grin

You say  yes  but you have not answered to the  question  about the  ''hackable''  tangle,  I reapeat  if it's  true  it's  a serious  problem  and  that's  why the price does not go up  since  TWO  YEARS
newbie
Activity: 45
Merit: 0
November 06, 2017, 05:22:20 AM
#28
I bought 14k MIOTA and 1,9k WAVES 1,5 months ago (total of 15k $).
This 2 will be High Performer in 2018 or 2019.
It's a long term investment, but trust me, they will explode, maybe not now but they will!
Especially IOTA will be a game changer in the cryptoworld.
full member
Activity: 224
Merit: 100
November 06, 2017, 05:16:24 AM
#27
yes  but  many people say it's hackable, you have not answered  to this problem... it's a big problem if  the tangle is ''hackable'', that's why iota does not skyrocket.   Who would invest in an hackable  currency?   That's  a big problem  and that's  why it has  not ''skyrocked''  yet,  after  two years.
Two years is a long time for a big project like they aim  to be.   WHY DOES IT  NOT  SKYROCKET?  OBV  THERE  are some problems  that do not convince  the investitors
hero member
Activity: 493
Merit: 551
November 06, 2017, 05:16:03 AM
#26
Ehm....yes... Roll Eyes Grin
full member
Activity: 224
Merit: 100
November 06, 2017, 05:14:36 AM
#25
double post
hero member
Activity: 493
Merit: 551
November 06, 2017, 04:35:04 AM
#24
Hackable means for me it is possible to modify transactions and get a lot of money.
How you can do this. You need a lot of nodes which have a special SW on board. IOTA needs
only small runtime consumption. So maybe it is possible to infect computers with this
special SW. Maybe hundred thousand of computer and now you have the possibility to
modify the transactions. Or there is a very popular website including special JavaScript
on it.

Ehm does not sound very detailed.
I can also say I could hack BTC maybe, but...  Cheesy

In a long presentation one of the IOTA core developers says in the end, that there will be further updates which will prevent attacks by introducing a flexible proof of work: https://www.youtube.com/watch?v=SVTOHdrsJ-U

The presentation is about 1h 30 minutes long and pretty technical but it explains a lot about the potential and you can see how professional and large scale this project is.


They don't discuss about this. And why I know this. Because last security issue on the self
made hash function.  Sad They kept in silence. The MIT have found some hash isues and informed them.

It is not the "MIT" who found anything. It was more a kind of a public relations attack, like it happened on Monero before. This is just again an outdated FUD and a good example how those who try to oppose IOTA work The publishers of this "paper" are invested in Zcash and in a not successful competitor of IOTA. Of course they did not disclose their conflict of interest and have misused the name MIT to give the publication on Medium more credibility.

The "paper" was published on Medium, not on their own page or the MIT or in a scientific peer reviewed paper where they definitely would need to do a disclosure of interest.

This is something for the SEC. Wink
But we from the Monero community are used to those dirty tricks by the Zcash corporation and their friends and investors. Wink

Here is a good analysis of this with a link to rebbutal: https://satoshiwatch.com/coins/iota/in-depth/cryptographic-vulnerabilities-in-iota-a-biased-hit-piece/

This is the reason in the crypto space only few make big money, they know where to inform themselves, read deeply and a lot, read everywhere, compare, while others run behind the mass.
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