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Topic: IOTA - Unmoderated thread - page 5. (Read 70768 times)

legendary
Activity: 2142
Merit: 1010
Newbie
June 20, 2017, 06:41:37 AM
It is a pity that reckless sociopaths take advantage of the stupidity of the people to enrich themselves.  
The technology and its visions are sacrificed without any worries.

To all the scammers and their brainless disciples: Go to hell!

BTW, your reddit account was banned by a global Reddit admin, don't use that many CAPS next time posting things like this:


newbie
Activity: 4
Merit: 0
June 20, 2017, 06:32:28 AM
It is a pity that reckless sociopaths take advantage of the stupidity of the people to enrich themselves.   
The technology and its visions are sacrificed without any worries.

To all the scammers and their brainless disciples: Go to hell!
legendary
Activity: 1181
Merit: 1002
June 16, 2017, 06:14:51 AM
[...]
Yeah see you in 6 months
[...]

Ah, you're back early.
During your absence IOTA has gained new lead trolls, the other thread is more active.
sr. member
Activity: 378
Merit: 250
June 16, 2017, 06:01:59 AM
This thread is still on, anyone reading, start from page 57. That is where the fun begins.

sr. member
Activity: 322
Merit: 250
June 15, 2017, 04:46:19 PM
I just came to read this and wow all the people who think this is some shit coin keep eating your words you will soon see. Lol I'm in on this and proud to say I was early ick so I have made plenty of money just holding. Haha laugh at that
newbie
Activity: 29
Merit: 0
June 15, 2017, 03:46:07 PM

I know, but everything will be deleted if you protest, ask or complaining in there. LOL
Developers are not aware with their community, they care for money.

First: the ICO...then Big Fund....and now Big Dump...they call it big bubble? Bubble up my ass iota  Cheesy

Just watch and learn, it's so obvious .
legendary
Activity: 1181
Merit: 1002
full member
Activity: 237
Merit: 110
February 28, 2017, 04:36:21 PM
PoW and IoT is oxymoron

Is micro transactions and transactions fees also an oxymoron?

Transaction fees could be moronic but I have no clue why no earth people would call it like that. Moronic life without sending or receiving coins on the altcoin network could be hard I agree, and sometimes u may feel like u are running out of gas trying to fight ur destiny or define ur predestination.
legendary
Activity: 2142
Merit: 1010
Newbie
February 28, 2017, 04:23:38 PM
It's so cute when useless people try to criticize. It's like pro lifers who are against universal healthcare. It's cute.
Nobody expects any better of you than pathetic attempts at belittlement.

He just don't take you seriusly. Noone following your posts does.
sr. member
Activity: 378
Merit: 250
February 28, 2017, 04:22:13 PM
It's so cute when useless people try to criticize. It's like pro lifers who are against universal healthcare. It's cute.
Nobody expects any better of you than pathetic attempts at belittlement.
hero member
Activity: 714
Merit: 500
February 28, 2017, 03:53:11 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.

I was promised big companies adopting iota and real world use cases , so far I am pretty happy
Some promises will be fulfilled, such as generating even more hype and partnerships, just without the real world economy part.

Tell me again how Iota developers and foundation intends to make money? Consulting and support?

Its easier to scam cryptonerds, promise them big words big deals, the cryptonerds then give you bitcoins in return for worthless tokens.

Then you show this "economy" to willing enterprise clerks and sign more partnerships and deals, get venture capital. Marvelous scheme actually.

Maybe that is why they are so hostile to other tech equally suitable for same purpose and possibility to milk "altcoin investors" enterprises and vc? While you sit back and "develop" libraries and interfaces for nonexistent peer-to-peer network, ontop of a retarded idwa.


It's so cute when useless people try to criticize. It's like pro lifers who are against universal healthcare. It's cute.
sr. member
Activity: 378
Merit: 250
February 28, 2017, 02:47:22 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.

I was promised big companies adopting iota and real world use cases , so far I am pretty happy
Some promises will be fulfilled, such as generating even more hype and partnerships, just without the real world economy part.

Tell me again how Iota developers and foundation intends to make money? Consulting and support?

Its easier to scam cryptonerds, promise them big words big deals, the cryptonerds then give you bitcoins in return for worthless tokens.

Then you show this "economy" to willing enterprise clerks and sign more partnerships and deals, get venture capital. Marvelous scheme actually.

Maybe that is why they are so hostile to other tech equally suitable for same purpose and possibility to milk "altcoin investors" enterprises and vc? While you sit back and "develop" libraries and interfaces for nonexistent peer-to-peer network, ontop of a retarded idwa.
hero member
Activity: 784
Merit: 1000
February 28, 2017, 02:22:10 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.

Don't be upset about the debate. The IOTA shills and core players like to troll anybody who dare to interrupt the noble cause of luring money from idiots. The business model is rather simple: get as much money from the poorly informed naives and noobs as possible by talking up the coin price with all kind of nonsenses like the Microsoft Azure "partnership". As a side effect of the scam at least David try to create something tangible. We must acknowledge that as a rare and admirable quality in the cryptocurrency swamp. Nothing is black and white. Even the scammy IOTA could end up as a positive development if they develop a novel solution.

You are correct about PoW. There is no place for PoW in IoT. More generally speaking, the applicability of blockchain within IoT is limited. I described the issues of blockchain with IoT at the beginning of this topic in many posts.


legendary
Activity: 1181
Merit: 1002
February 28, 2017, 12:16:52 AM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.

Oh, come on! Your employer sent you here to pick a library, you can't just leave now.
sr. member
Activity: 481
Merit: 250
February 27, 2017, 05:17:05 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.

I was promised big companies adopting iota and real world use cases , so far I am pretty happy
sr. member
Activity: 378
Merit: 250
February 27, 2017, 05:04:25 PM
Yeah see you in 6 months when IOTA is still shit and has even more bigger promises for you.
sr. member
Activity: 360
Merit: 250
February 27, 2017, 04:25:34 PM
Could you elaborate?
I already did, you're getting tiresome.


no, you did not. you refused to give us a normal answer and just speak from your high hillbilly horse.
so you know what, keep your fucking byteball and visit us in 6 months from now.
let's see if your braindamage you frequently posted here ages well. I doubt it.
sr. member
Activity: 378
Merit: 250
February 27, 2017, 03:50:47 PM
Could you elaborate?
I already did, you're getting tiresome.
sr. member
Activity: 378
Merit: 250
February 27, 2017, 03:50:07 PM
PoW and IoT is oxymoron

Is micro transactions and transactions fees also an oxymoron?
No offense, but for someone out there all your personal transactions in your entire life are considered micro-transactions.

Are you saying that PoW is a kind of fee? So that IOTA can claim to be "zero-fee" but the fee is actually hidden in performing the PoW or integrating Jinn chip on the microcontroller?

Id say there is no "zero-fee" transactions (but nothing wrong in aspiring for it), even without a cryptocurrency, if you send a HTTPS to request update/change your balance on some account-site, that also has the cost in using battery, CPU, networking bandwidth to send and receive the request. But if youre doing the same from a laptop the cost is almost an iota. It just depends on what you are willing to pay, and what you consider to be almost worthless for you.

Hence, a fee model based on the data amount transferred makes sense for a cryptocurrency.
sr. member
Activity: 360
Merit: 250
February 27, 2017, 03:17:23 PM
Quote
That is funny, since last time I checked Iota, the PoW didnt help against Sybils, and instead people were asked for social proof to join the network, that ist he Sybil prevention.  Roll Eyes

No, that is not my point that "pow is heavy", read my post again and try really try hard to see the big picture. No offense, just open your eyes.

Hardware, Jinn, if you place one of these on a chip, someone will place 100 000 of them together in one big chip, call it a Specialized Processing Unit, and it would then be able to outpace and outrun at least 100 000 of other smaller chips. What I mean is, at IoT power levels, can not ever compete with a normal PC, lulz that should be obvious and clear as blue day, no matter if you place "specialized non-existent magic hardware" on it or not.

Hence, PoW and IoT are oxymorons. Pick one. You cant protect your IoT devices with PoW scheme.

But you can, with a signature based scheme such as Byteball, and other cryptocurrency, even DPoS works better. See IOTA developers and fans, say, "Oh but IoT will not be a full node, it will only send/sing transactions", Well duh, obviously, any fucking cryptocurrency can delegate a chip to be dumb and trust another full node. What good cryptocurrencies do is, allow the IoT chip to send/receive transactions with its own keys - by signing shit just as other full wallets, and get the protection from scammers and attackers as the rest of the network. Spicy isnt it.


Of course, IOTA, bragging about IoT so much, and now we hear from its supporter "IoT will be handed differently." WHAT. OK.


your first sentence is what I mean.
so: "That is funny, since last time I checked Iota, the PoW didnt help against Sybils, and instead people were asked for social proof to join the network, that ist he Sybil prevention.  Roll Eyes"
and
" You cant protect your IoT devices with PoW scheme."

Could you elaborate?
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