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Topic: IOTA - Unmoderated thread - page 64. (Read 70784 times)

sr. member
Activity: 420
Merit: 262
February 06, 2016, 02:54:02 PM
#93
I have nothing more to say. I hope all parties can make sure they fact check everything.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 02:48:46 PM
#92
Thus he thinks what he is doing is ethical.

I see your point, his only fault is that he uses dirty tricks instead of doing it as a knight in shining armor.

Sad, but his reputation is ruined to degree where not a single project will accept him to a serious position, it would be a PR disaster.
hero member
Activity: 784
Merit: 1000
February 06, 2016, 02:47:06 PM
#91
AltcoinUK, I suggest you focus on the message of why you think JINN labs is so unrealistic. And I also think you can refer to my decentralization thread for why (I think) Iota leads to centralization. Those seem to be strong arguments in your favor.

I think if you continue to assert the scam accusation and attack every aspect of Iota as entirely worthless, then you will lose credibility even IF you end up being correct about its ultimate failure. Those arguments appear to readers as vindictive.

But of course I can't tell you what to do. And perhaps I am mistaken about perceptions (but I doubt it).

I support your ethics and I also support your sober analysis of potential markets. I am just hoping you don't let CfB's ribbing incite you to turn it into a vendetta, which will then lower your own credibility. I know it is difficult in the heat of the moment, but try to think about that you can't protect every speculator from everything nor is that your role.

Balance.

I am of course not saying you do, just to explain my motives, IMHO we can't say a P&D scam can be justified, just because something useful will be produced during the P&D scam. It is like one would argue that Auschwitz was not all evil because some medical research was derived from the experiments of those Nazis. No, Auschwitz and the Holocaust was evil, even if some innovation was produced there. IMHO there are clear boundaries exist for moral and ethics.

The bottom line is we need ethical projects - like hopefully yours will be - to take the decentralized crypto currency idea to the mass, and money collecting, P&D operations like JINN and IOTA are hurtful for the decentralized crypto currency idea.

sr. member
Activity: 420
Merit: 262
February 06, 2016, 02:41:27 PM
#90
AltcoinUK is doing what he thinks is right and ethical.

Posting blatant lies that he can't even fake a proof of? Not sure "ethical" suits here.

He thinks JINN is a scam. Thus he thinks what he is doing is ethical. And again, yes I have explained that he needs to not overstep and commit errors, especially when making such a serious accusation.

And yes the venom doesn't help make the case. He is incited when you attack his reputation (but he attacked yours so you have a right to respond). It is a vicious cycle. And he needs to understand this.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 02:38:46 PM
#89
AltcoinUK is doing what he thinks is right and ethical.

Posting blatant lies that he can't even fake a proof of? Not sure "ethical" suits here.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 02:36:38 PM
#88
However you twist your terms of conditions even EU based law enforcement (your jurisdiction) will find that your money collecting party in fact is the subject of financial regulations.

The rest of your post is the used care salesman pitch, which I understand you need very much to deliver before the P&D start. Lets be clear, however you wish that would be the case, you are not in the category of the start-ups that indeed deliver disruptive technologies. Your "business" that lures money from idiots is a fucking crypto currency money collecting party and it has nothing to do with disruptive start-ups like Mongodb, Spacex, SugarCRM, Evrythng just to mention a few came to my mind from different sectors, however you would like to compare yourself the disruptive start-ups that challenge Google and Microsoft. If you truly believe your own bollocks - which I doubt very much you do - then get a reality check boy, you need it.

This post has been looking good until you added words like "fucking" and ruined this impression. Do you like BDSM by any chance? Looks like you do, it's the only thing that explains your behavior.
sr. member
Activity: 420
Merit: 262
February 06, 2016, 02:33:38 PM
#87
which will then lower your own credibility

His credibility can't be lower.

AltcoinUK is doing what he thinks is right and ethical. But he perhaps made some accusations which he could not prove (e.g. that you are anonymous). He does need to be more careful about fact checking.

Some of his points are correct. So I can't agree that his credibility is aweful.

AltcoinUK please be aware that CfB is taking advantage of your weaknesses, which is that you get inflamed and then you overstep from good/strong arguments to weaker or even unsupported/incorrect arguments.

It is difficultimpossible to omniscient. Please remember that the more one asserts, the more odds of being incorrect. I really push that limit. I assert so many things, yet I have reasonably good record of backing up my assertions in fact. And I don't push too aggressively on a vague issue such as CAP theorem applicability to Byzantine consensus.

I just don't think it is worth it for you to go on a vendetta against Iota. But again to each his own. I decided it wasn't worth it for me.

When I state Ethereum failed to solve the fundamental issue for scripting on a block chain, then I am stating a fact. I make sure I fact check. Upthread I hadn't fact checked Iota's signature scheme and so I was in error on the issue of quantum resistance.

Arguing that quantum resistance is not a feature that some people are interested in, is like arguing that females shouldn't like Beanie Babies. People like what they like. I am also interested in quantum resistance, as is the venerable Daniel Bernstein.
hero member
Activity: 784
Merit: 1000
February 06, 2016, 02:26:23 PM
#86

There are no investors in IOTA and there is absolutely no scam being conducted.


However you twist your terms of conditions even EU based law enforcement (your jurisdiction) will find that your money collecting party in fact is the subject of financial regulations.

The rest of your post is the used care salesman pitch, which I understand you need very much to deliver before the P&D start. Lets be clear, however you wish that would be the case, you are not in the category of the start-ups that indeed deliver disruptive technologies. Your "business" that lures money from idiots is a fucking crypto currency money collecting party and it has nothing to do with disruptive start-ups like Mongodb, Spacex, SugarCRM, Evrythng just to mention a few came to my mind from different sectors, however you would like to compare yourself the disruptive start-ups that challenge Google and Microsoft. If you truly believe your own bollocks - which I doubt very much you do - then get a reality check boy, you need it.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 02:18:27 PM
#85
which will then lower your own credibility

His credibility can't be lower.
sr. member
Activity: 420
Merit: 262
February 06, 2016, 02:10:58 PM
#84
AltcoinUK, I suggest you focus on the message of why you think JINN labs is so unrealistic. And I also think you can refer to my decentralization thread for why (I think) Iota leads to centralization. Those seem to be strong arguments in your favor.

I think if you continue to assert the scam accusation and attack every aspect of Iota as entirely worthless, then you will lose credibility even IF you end up being correct about its ultimate failure. Those arguments appear to readers as vindictive.

But of course I can't tell you what to do. And perhaps I am mistaken about perceptions (but I doubt it).

I support your ethics and I also support your sober analysis of potential markets. I am just hoping you don't let CfB's ribbing incite you to turn it into a vendetta, which will then lower your own credibility. I know it is difficult in the heat of the moment, but try to think about that you can't protect every speculator from everything nor is that your role.

Balance.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 02:10:45 PM
#83
I pointed out the need for a private blockchain many times to Vitalik, the GDC developers, the Skycoin dev in the last 2 years...

I like how you imply that you are close to these people while actually they didn't even notice your posts.
hero member
Activity: 784
Merit: 1000
February 06, 2016, 02:06:45 PM
#82
(I am so pleased to see that the NEM developers in Japan make a very good progress in the real adoption, so apart from the scams there is some good progress in real adoption and I have no doubt yours will be the next).

Jabo38 was in my inner circle in 2014 so perhaps some of my ideas rubbed off on him when he saw that my progress was too slow so he found that opportunity and apparently ran with it.

Yes, I understand that. Still, what the NEM guys achieved is really impressive and exemplary. No wonder they have been succeeding in providing solution with the private blockchain. It has been a no brainier. I pointed out the need for a private blockchain many times to Vitalik, the GDC developers, the Skycoin dev in the last 2 years, and I think Ethereum will move to that are as well. Clearly, that is a viable business proposition.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 02:02:04 PM
#81
No, they are not a big problem at all.

In fact that is only a subject of academic papers at this moment in time and cannot be a building stone of a viable start-up business that by definition needs to generate revenue. Again, a good looking package to lure out money from idiots, but in fact it is absurd to say (i.e scam) that you will build a viable business by delivering a quantum safe digital currency. In reality, even Bitcoin failed to find its way to the mass, so the quantum computers are the smallest problems of decentralized digital currency.
 
To use an analogy so you would understand how ridiculous is to build a business by addressing the Quantum computers problem, it is like, that I would present a business plan which ask investment to build an extra 50,000 retirement homes because sometimes later, we don't know when but at some point in the future the life expectancy will be 110 years and therefore presumably we will need a lot more retirement homes.

Go and ask investment from a technology angel investor or venture capitalist for a quantum safe digital currency. You will see the reaction. Such absurd unique selling point (USP) can be presented only in this irrational microcosmos where wannabe rich idiots give their 1-2 BTC "investments" for all kind of nonsenses.

You should add links that prove your words. Because of your reputation of a big liar.
hero member
Activity: 784
Merit: 1000
February 06, 2016, 01:59:54 PM
#80

Quantum computers are a big problem to the existence of bitcoin and other altcoin.


No, they are not a big problem at all.

In fact that is only a subject of academic papers at this moment in time and cannot be a building stone of a viable start-up business that by definition needs to generate revenue. Again, a good looking package to lure out money from idiots, but in fact it is absurd to say (i.e scam) that you will build a viable business by delivering a quantum safe digital currency. In reality, even Bitcoin failed to find its way to the mass, so the quantum computers are the smallest problems of decentralized digital currency.
 
To use an analogy so you would understand how ridiculous is to build a business by addressing the Quantum computers problem, it is like, that I would present a business plan which ask investment to build an extra 50,000 retirement homes because sometimes later, we don't know when but at some point in the future the life expectancy will be 110 years and therefore presumably we will need a lot more retirement homes.

Go and ask investment from a technology angel investor or venture capitalist for a quantum safe digital currency. You will see the reaction. Such absurd unique selling point (USP) can be presented only in this irrational microcosmos where wannabe rich idiots give their 1-2 BTC "investments" for all kind of nonsenses.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 01:58:25 PM
#79
I didn't reply to it because it is just another evidence that he lacks reading comprehension. Any one who asserts my IQ is below average has a more than just a few screws loose in their head.

I know that you are smart, just couldn't resist the temptation to highlight the gem that could make the crown of a master troll.
sr. member
Activity: 420
Merit: 262
February 06, 2016, 01:56:13 PM
#78
The two of you got a combined IQ on the left side of The Bell Curve.

One of those insults after which the victim can't even suspect that s/he has been insulted? I thought Hague Convention prohibited such things...

I didn't reply to it because it is just another evidence that he lacks reading comprehension. Any one who asserts my IQ is below average has a more than just a few screws loose in their head.
legendary
Activity: 2142
Merit: 1010
Newbie
February 06, 2016, 01:49:56 PM
#77
The two of you got a combined IQ on the left side of The Bell Curve.

One of those insults after which the victim can't even suspect that s/he has been insulted? I thought Hague Convention prohibited such things...
sr. member
Activity: 420
Merit: 262
February 06, 2016, 01:49:00 PM
#76


I think perhaps you've over personalized your friction with CfB. I understand you feel he is willingly intent on being part of a scam. The way I see it is David is probably the scammer (if there is a scam and I am not asserting there is bcz I haven't studied the JINN aspect) and CfB is an astute developer who is trying to earn money while working on something interesting (so he let's David run the scammy parts and he focuses on the technology). You seem to think CfB has a long history of being involved in pumping half-assed technology (my presumption of your opinion of Nxt) where you claim insiders profited at the expense of the greater fools.



Ugh, I am getting extremely tired of you. Provide me with your real name...

You already have my real name in private message from the last time you threatened me with legal action.

Note above I am not making any accusation. Read it again more carefully. I am just arguing to AltcoinUK that even if JINN labs were a scam (and I state that I don't claim that), that I would think CfB would not be the one in charge of it.

In any case, I have avoided this entire thing because it turns into an enormous time waster for me.

And yes I have stated that Iota brought some innovations. I have no idea about JINN.

David you have a hot head. That will be your downfall. Cool off young man half my age.
full member
Activity: 175
Merit: 100
February 06, 2016, 01:48:54 PM
#75
On the other hand P&D schemes like NXT  -that is uised by nobody...

That's a lie. For the speculators is the price is very important. A couple years for such platform as Nxt - is only little thing.
hero member
Activity: 714
Merit: 500
February 06, 2016, 01:44:21 PM
#74


I think perhaps you've over personalized your friction with CfB. I understand you feel he is willingly intent on being part of a scam. The way I see it is David is probably the scammer (if there is a scam and I am not asserting there is bcz I haven't studied the JINN aspect) and CfB is an astute developer who is trying to earn money while working on something interesting (so he let's David run the scammy parts and he focuses on the technology). You seem to think CfB has a long history of being involved in pumping half-assed technology (my presumption of your opinion of Nxt) where you claim insiders profited at the expense of the greater fools.



Ugh, I am getting extremely tired of you. Provide me with your real name so you prove that you are indeed willing to risk slandering a legally registered company who conducted a 100% legal software sale and the repercussions from it. There are no investors in IOTA and there is absolutely no scam being conducted. The two of you got a combined IQ on the left side of The Bell Curve.

If we wanted to scam for a living we could have utilized our position in this space in a much, much, much more efficient way and raised a fuckton more funds, and we would never ever have used our real names and real registered company to do it. Seriously, how stupid can one become without considering whether or not one should continue to speak ones mind?

IOTA is already undergoing testing, people have reviewed the code, the whitepaper has been submitted to journal, we've hired a respected GUI development team from San Francisco. What more proof do you need?

I had vision for IoT, CfB had the technical skills, we teamed up, founded a company and started work. We got engineers and professors in our team and we are developing a new kind of microprocessor for a completely new market. In addition to this we decided to make IOTA because it's a required layer for the vision of Fog and Mist computation, which is the market we are aiming for with our hardware. Is the project 'risky'? YES. Have we always been 100% open, upfront and informative about this? YES. 9/10 start-ups fail, YES. The number is even higher when it comes to experimental technology like the Jinn processor, but so what? The sort of mindset you and altcoinUK got is so fucking pathetic and unconducive to progress. As an entrepreneur with a vision you HAVE to risk failing, if everyone only went for what is 100% guaranteed the world would forever remain in the same limbo state of no change and no progress. If all tech that could ever exist had been developed by the behemoths (as altcoinUK proclaims) then there would be absolutely no disruptive start-ups. This means no Google, no Facebook, no Occulus, no ARM, no pretty much any fucking company since the 90s you can think of. The sheer unlimited supply of stupidity of the two of you combined manage to supply day after day makes my head hurt to the point of migraine.

Follow our example and do something productive in your life, make a change, try to create something new, stop complaining, whining and being envious of those who do.

This is my last reply to you malignant tumors. I hope Jinn is a success, not only for our vision, but because maybe we'll eventually reach the stage of being able to enhance brains with chips so that the two of you might one day be of use to this world.
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