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Topic: IOTA - The gamechanger? (Read 1867 times)

newbie
Activity: 15
Merit: 0
September 01, 2017, 11:28:36 AM
#31
Radix is the gamechanger, IOTA is a good project and better than a lot of whats out there but Radix is the next generation of cryptocurrency.

If it ever ends up being released...seems like its always being pushed back. Been following it for a while but been pretty quiet last few months
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
September 01, 2017, 08:35:36 AM
#30
BYTEBALL is a superior DAG project.

If you want DAG get that instead.

forget iota

another iota sock puppet scam pumping thread

I will be compiling and entire list of these shit can sock puppet threads.

I see banano on all of them... although he said he sold most of his iota and bought byteball.

Correct!  If IOTA doubles to $5 billion, then Byteball will go up 5x

I love scams like ETH, BTC, XRP, and anything that goes up.  DAG tech is the next big thing and Byteball has more potential gain because it is a small cap.

Both projects are winning it's just that Byteball has more room to grow marketcapwise.  

I'm here to grow my babana and I only wish that I had invested in the smartchain scams like ETH, BTC, and XRP scams but I unfortunately did not.  

But I'm not going to sit on my hands while everyone else gets rich on the next big thing:

DAG tech. Learn it, know it, teach it, live it.  I am all about the future.  Blockchain tech is not old tech, but it is older than DAG tech.

If you missed the BTC train, then you should have invested in the clones in hindsight.  Now I invest in DAG clones.

Fair enough. Seems like an honest answer and one that make sense financially.

jr. member
Activity: 31
Merit: 1
September 01, 2017, 07:22:24 AM
#29
I suppose it depends if it the Tangle truly scales like it's supposed to. If it scales, then it wins.

I think the same, the success of IOTA depends on its massive use.
sr. member
Activity: 1036
Merit: 311
August 31, 2017, 06:20:36 PM
#28
BYTEBALL is a superior DAG project.

If you want DAG get that instead.

forget iota

another iota sock puppet scam pumping thread

I will be compiling and entire list of these shit can sock puppet threads.

I see banano on all of them... although he said he sold most of his iota and bought byteball.

I "mostly" agree with this sentiment.  IOTA at face value when it came out just looked like another stab at a DAG based currency, but it also appeared to be in it's infancy with it's valuation derived from an ICO.  As a general rule, I'm exceptionally wary of ICO based coins/tokens, for various reasons not worth going into here.

Byteball is technologically and use case very similar to IOTA, but it's also far ahead in development, market penetration, and now edging towards real world use case adoption.

At the end of the day, when the crypto hype train slows down it will be those with a reliable and useful technology people want, and/or coins that have real world transnational utility.  I see GBYTE strongly already having the first, and getting better each day.  GBYTE also is now on the fast track to encourage vendor adoption so it's utility as an actual currency will become more and more possible.  Those together give me high hopes for the byteballers.

NOW WITH THAT SAID, recently I did some looking into IOTA, and I do like it.  I see some really potential here too, but it seems much more nascent and the current value/market cap I don't see as representative of their true current stage of development (overvalued).  I've bought in a small amount both on PnD spec, and failing that a long term hold with optimism they can deliver something truly good.

If I had to choose though I'd be byteball all day over IOTA, since it's note zero sum, i'm hedging a little on IOTA and hoping they can really shine.
full member
Activity: 141
Merit: 100
August 31, 2017, 05:45:15 PM
#27
what about proof of stake coins like pivx and okcash, they are very good blockchain technology, iota is a nice project but the supply is massive, what do they aim to achieve? seems to me they aim to make it a legal tender rather than an empowerment for the poor, like what bitcoin had done for most African countries, empower the poor, and return the power to the people, we don't want another fiat in crypto world, if bitcoin can be 16 million and 21 million max, what is IOTA? before the price of IOTA be greater than bitcoin, it would have taken over 1 trillion or more to increase the market capitalization.
full member
Activity: 145
Merit: 100
August 31, 2017, 05:09:38 PM
#26
Radix is the gamechanger, IOTA is a good project and better than a lot of whats out there but Radix is the next generation of cryptocurrency.
sr. member
Activity: 854
Merit: 281
August 31, 2017, 04:44:19 PM
#25
IOTA - The Scam changer, a better name for your topic to consider.
If you can take the time to write here why you think this, instead of just writing scam it would be a better comment. So please try again!
Ty

Your ignorance will put you in a grave someday.

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.
2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.
3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.
4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.
5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Good luck, "investors" shills and ignorants.

Some good points there:

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.

Correct! A blockchain is just one chain, but DAG (Tangle) is infinite parallel chains = another dimension added to bitcoin.  Yes, we all agree with you that IOTA should have it's own coinmarketcap.com website showing all the DAG clones beneath it that have started coming out of the woodwork just like all the Bitcoin clones did after blochchain tech was launched.  You are absolutely right that IOTA is in a league of its own.  Anything exchangeable is acting as a currency (yes some function better than others), and IOTA's quantum proof cryptography can be shortened to the term "crypto".  

2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.

Correct! Yes, it is called an ICO.

IOTA was launched as a typical ICO just like Ethereum, and many ICO's.  ICO launches are very common in crypto.

3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.

Correct! All coins were distributed in the ICO, if you missed the ICO then you can purchase 1,000,000 of them for less than a buck US.  So yes, at a current exchange rate of a buck for 1 million IOTA, you are correct that IOTA is EXTREMELY CHEAP right now compared to what most coins cost (these coins are 10 grand a piece: https://coinmarketcap.com/currencies/42-coin/ ).  IOTA does need help distributing their coins, which is why you get a million for a buck (so you can distribute them liberally everyehere).

4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.

Correct! Just like Ethereum had an ICO

5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Correct! Every coin is highly centralized on one single planet.




ICO = SCAM
Ethereum = SCAM
Putting IOTA near ethereum doesn't make it legit!
Ethereum is a scam, IOTA is another scam!
No, not every single coin is highly centralized! Actually, there are plenty of distributed coins that are decentralized, fair and honest!

By calling Ethereum a "scam," you have broadened the definition of the word such that it becomes meaningless. Why not simply say it's not (in your view) decentralized? Or that distribution is questionable? It seems the word scam is used very loosely in these forums.
hero member
Activity: 680
Merit: 500
August 31, 2017, 03:25:13 PM
#24
I suppose it depends if it the Tangle truly scales like it's supposed to. If it scales, then it wins.
full member
Activity: 872
Merit: 120
August 31, 2017, 02:24:46 PM
#23
IOTA - The Scam changer, a better name for your topic to consider.
If you can take the time to write here why you think this, instead of just writing scam it would be a better comment. So please try again!
Ty

Your ignorance will put you in a grave someday.

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.
2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.
3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.
4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.
5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Good luck, "investors" shills and ignorants.

Some good points there:

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.

Correct! A blockchain is just one chain, but DAG (Tangle) is infinite parallel chains = another dimension added to bitcoin.  Yes, we all agree with you that IOTA should have it's own coinmarketcap.com website showing all the DAG clones beneath it that have started coming out of the woodwork just like all the Bitcoin clones did after blochchain tech was launched.  You are absolutely right that IOTA is in a league of its own.  Anything exchangeable is acting as a currency (yes some function better than others), and IOTA's quantum proof cryptography can be shortened to the term "crypto".  

2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.

Correct! Yes, it is called an ICO.

IOTA was launched as a typical ICO just like Ethereum, and many ICO's.  ICO launches are very common in crypto.

3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.

Correct! All coins were distributed in the ICO, if you missed the ICO then you can purchase 1,000,000 of them for less than a buck US.  So yes, at a current exchange rate of a buck for 1 million IOTA, you are correct that IOTA is EXTREMELY CHEAP right now compared to what most coins cost (these coins are 10 grand a piece: https://coinmarketcap.com/currencies/42-coin/ ).  IOTA does need help distributing their coins, which is why you get a million for a buck (so you can distribute them liberally everyehere).

4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.

Correct! Just like Ethereum had an ICO

5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Correct! Every coin is highly centralized on one single planet.




ICO = SCAM
Ethereum = SCAM
Putting IOTA near ethereum doesn't make it legit!
Ethereum is a scam, IOTA is another scam!
No, not every single coin is highly centralized! Actually, there are plenty of distributed coins that are decentralized, fair and honest!
jr. member
Activity: 31
Merit: 1
August 31, 2017, 01:13:53 PM
#22
Byteball is different to IOTA, not is better, just different. Byteball has fees for example, this is crucial in the IoT development. the inexistence of fee allow the crypto to exploit a huge abanic of possibilities.

If you think that Byteball is a serious project, there isn't reason to reject IOTA, or call it scam.

Actually i bet by both.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
August 31, 2017, 12:47:56 PM
#21
BYTEBALL is a superior DAG project.

If you want DAG get that instead.

forget iota

another iota sock puppet scam pumping thread

I will be compiling and entire list of these shit can sock puppet threads.

I see banano on all of them... although he said he sold most of his iota and bought byteball.
jr. member
Activity: 31
Merit: 1
August 31, 2017, 11:31:05 AM
#20
If IOTA was such a game changer, it would have changed the game by now. As this didn't happen I call vaporware. We have far to many coins who's underlying tech solely exists in a whitepaper.

I think that the reason why IOTA isnt fucking everything right now is by the nature of his protocol.

give me explain you, IOTA is a p2p system, like everything p2p system this become faster while more is used.

IOTA actually only have two months of activity in a single exchange (Bitfinex), es very premature.

I recomend you hear and look the video that i put on the bottom of main mensaje, may be more enlightening.
hero member
Activity: 556
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
August 31, 2017, 09:06:00 AM
#19
IOTA - The Scam changer, a better name for your topic to consider.
If you can take the time to write here why you think this, instead of just writing scam it would be a better comment. So please try again!
Ty

Your ignorance will put you in a grave someday.

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.
2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.
3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.
4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.
5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Good luck, "investors" shills and ignorants.

Some good points there:

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.

Correct! A blockchain is just one chain, but DAG (Tangle) is infinite parallel chains = another dimension added to bitcoin.  Yes, we all agree with you that IOTA should have it's own coinmarketcap.com website showing all the DAG clones beneath it that have started coming out of the woodwork just like all the Bitcoin clones did after blochchain tech was launched.  You are absolutely right that IOTA is in a league of its own.  Anything exchangeable is acting as a currency (yes some function better than others), and IOTA's quantum proof cryptography can be shortened to the term "crypto".  

2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.

Correct! Yes, it is called an ICO.

IOTA was launched as a typical ICO just like Ethereum, and many ICO's.  ICO launches are very common in crypto.

3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.

Correct! All coins were distributed in the ICO, if you missed the ICO then you can purchase 1,000 of them for less than a buck US.  So yes, at a current exchange rate of a buck for 1 thousand IOTA, you are correct that IOTA is EXTREMELY CHEAP right now compared to what most coins cost (these coins are 10 grand a piece: https://coinmarketcap.com/currencies/42-coin/ ).  IOTA does need help distributing their coins, which is why you get a thousand for a buck (so you can distribute them liberally everyehere).

4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.

Correct! Just like Ethereum had an ICO

5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Correct! Every coin is highly centralized on one single planet.




That's the point of ICO coins /tokens age issued only once. This ensures optimum availability
full member
Activity: 872
Merit: 120
August 31, 2017, 07:48:36 AM
#18
Quote
IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.

The definition of Cryptocurrency is a digital coin that use cryptography to secure the transactions.

IOTA have cryptography. A blockchain is not a requeriment to be a Cryptocurrency.

Quote
IOTA is FULLY premined, just two years ago this was enough for people to put red flags.

What is the reason to put red flags for this? Everything pre mined currency is a scam for you?

Quote
5. Isn't the development of IOTA centralized? Are you able to contribute to it's development directly? Do you have access to their source code?

https://github.com/iotaledger

Your arguments looks like a trolling. Is hard take your arguments seriously.

I'm a IOTA holder off Course. Actually also run a full node 24/7. Im all in this proyect.




Yes, everything premined is a scam and against the main principles of cryptocurrencies.
And yes also, there is no crypto without a blockchain, your centralized shitcoin will be just another (not even in the first 10 shitcoins without a blockchain) dead scam that claims to be a crypto without a blockchain.
newbie
Activity: 5
Merit: 0
August 31, 2017, 07:40:56 AM
#17
IOTA will increase to September, so now It's time to buy It, how I think
legendary
Activity: 3248
Merit: 1402
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August 31, 2017, 07:34:46 AM
#16
The coin is not listed on many exchanges because of the udnerlying technology that needs to be implemented. It is easier to add Tokens that run already existing blockchains. It has been announced by the IOTA team that more exchanges are comming soon.
I think it is quite a task for exchanges to adapt to handling the tangle network, I saw recently on slack that Bitpanda will be adding IOTA but not too sure of when.  IOTA is exciting.
Yes, IOTA is a true major innovation in the world of cryptocurrency. No fees, graph decentralization and instant transactions. And yet, because of it being so different from others, I believe it truly faces problems. Exchangers are not adding it a lot, probably because of technology differences, just like you said. Add to that the issues with wallets showing zero balance. IOTA needs time to be acknowledged and improved.
jr. member
Activity: 31
Merit: 1
August 31, 2017, 06:49:17 AM
#15
Quote
IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.

The definition of Cryptocurrency is a digital coin that use cryptography to secure the transactions.

IOTA have cryptography. A blockchain is not a requeriment to be a Cryptocurrency.

Quote
IOTA is FULLY premined, just two years ago this was enough for people to put red flags.

What is the reason to put red flags for this? Everything pre mined currency is a scam for you?

Quote
5. Isn't the development of IOTA centralized? Are you able to contribute to it's development directly? Do you have access to their source code?

https://github.com/iotaledger

Your arguments looks like a trolling. Is hard take your arguments seriously.

I'm a IOTA holder off Course. Actually also run a full node 24/7. Im all in this proyect.







full member
Activity: 872
Merit: 120
August 31, 2017, 06:29:01 AM
#14
IOTA - The Scam changer, a better name for your topic to consider.
If you can take the time to write here why you think this, instead of just writing scam it would be a better comment. So please try again!
Ty

Your ignorance will put you in a grave someday.

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.
2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.
3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.
4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.
5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Good luck, "investors" shills and ignorants.

Please. Read the Whitepaper. Or hear the video. The Unique scam here is your argument.

Why should I read it? I better mock you here rather than read a scam's whitepaper.

Just tell me, address my points:
1.Does IOTA has a blockchain? A cryptocurrency is defined by a blockchain!
2. Isn't IOTA fully premined? Is IOTA minable?
3. Aren't all the coins already in circulation? Doesn't this mean that it has 0.00001% of bitcoin's distribution?
4. ICO = scammy distribution. Did IOTA had a ICO or not?
5. Isn't the development of IOTA centralized? Are you able to contribute to it's development directly? Do you have access to their source code?

Where is the scam in these concerns? Why are you playing dumb? Are you dumb or a payed shill?
jr. member
Activity: 31
Merit: 1
August 31, 2017, 06:13:08 AM
#13
IOTA - The Scam changer, a better name for your topic to consider.
If you can take the time to write here why you think this, instead of just writing scam it would be a better comment. So please try again!
Ty

Your ignorance will put you in a grave someday.

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.
2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.
3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.
4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.
5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Good luck, "investors" shills and ignorants.

Please. Read the Whitepaper. Or hear the video. The Unique scam here is your argument.
full member
Activity: 872
Merit: 120
August 31, 2017, 04:03:24 AM
#12
There is a bit of a buzz around IOTA for sure and as the comments above ask,
why is it not available for trading on the big exchanges now?

IOTA - The Scam changer, a better name for your topic to consider.
If you can take the time to write here why you think this, instead of just writing scam it would be a better comment. So please try again!
Ty

Your ignorance will put you in a grave someday.

1) IOTA doesn't have a blockchain. It is not a currency nor it is not a crypto.
2) IOTA is FULLY premined, just two years ago this was enough for people to put red flags.
3) IOTA already has 2,779,530,283,000,000 coins, not distributed almost at all.
4) IOTA had a ICO, this solo is enough to put a red flag on this shit, not even a shitcoin.
5) IOTA is highly centralized, this solo is enough to put a red flag and mark it as a scam.

Good luck, "investors" shills and ignorants.

If this is the case posted above, then to me it does not look at all as appetising as before !
But what will happen is people will still buy into this as soon as it is available on exchanges
in order to "get rich quick"

Yes, this is exactly what the developers expect - to gain traction and to get some ignorants into buying it while the developers and early adopters (same people) will dump it hard.
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