Topic: POLL [IOTA ]- ICO 2 -Do YOU want to buy IOTA at a reasonable price? OR BIG SCAM? - page 4. (Read 6730 times)

I will try to help you the best that I can. You chart was fun - well done.

Firstly the poll. You're an Iota investor so the 4th option isn't really for you. You may as well choose the 2nd option since you of course think it is okay to sell your tokens to people for 3000% increase. You are by your own admission an iota NXT2 investor.

Secondly this board did not exist upon the release of bitcoin so how can you make comparison to an ico which I affirm did not do enough to advertise itself on this board compared to other big ICOs on here like ethereum, nem, maid, lisk.

You are trying to employ a tactic many of those do who want to justify poor initial distribution on this board ... Making some reference to the other 7 billion people. This is of course unreasonable verging on impossible unless you had unlimited funds for marketing and even then it would take  huge amounts of time and planning. We have to be reasonable.

To reach the other 7 billion people would prove almost impossible and of course they would not perhaps be interested even if told about the release of a crypto coin.

This can not be compared to reaching out on this forum with a few sig campaigns, main board announcements to people that are already crypto enthusiasts. The very same forum you are running the ico in a sub section. The same board you are spamming the main section with iota threads now.

Please don't make ridiculous comparisons in the hope of justifying an under advertised ico that is open to rife manipulation.

Stick to trying to sell you 130 sats tokens for 4000 sats. I don't blame you for trying.

I wouldn't keep bumping this thread though. It makes you seem almost anti iota. The facts are plain.

1. Iota did not advertise at all well compared to other big ico's
2. It raised a tiny amount compared to the big ico's
3. It has not released yet on exchages and is already trying to command gains on ico price greater than ethereum has reached even now.
4. It's success relies up creating a processor that intel and amd can't create.
5. It is currently having pump threads made in the main section -will iota be top 5, will iota be 10000 sats etc etc by blatant pumpers who own iota already
6. It's from the same people that made NXT and did the exact same thing before.
7. The only thing iota can say in it's defense is - butthurt, sour grapes, envy and that Bitcointalk does not matter because others will not know about the poor initial distribution outside of the board.
8. It is held by a tiny tiny tiny % of the board and is not even on exchange(this means you can control supply whilst trying to create demand) perfect for pumping
9. The entire concept of dag could have consensus issue according to some experts.
10. The ico price was 130sats - they are now claiming (with nothing to show for this raise) it is worth 3000-4000sats.

Let's just let the thread die out and stop spamming the main board. I am tired of repeating these facts over and over.

Release the coin on exchange and make it useful then we can see about perhaps 500% returns not the 3000% to 4000% you lot are already demanding.

Less pumping more releasing to exchange and seeing how it goes. Let's forget the fact the distribution is so narrow and see how it does when it is actually released into the wild.

It does not matter how many funny graphs you make nor how many times you say those that dont own iota are butthurt you can not change the facts I have now listed for you. So face those facts and get on with releasing it on exchange. Stop pumping demand whilst holding back supply. These are scam tactics.

I made a serious study, paid for it with my POW mined BTC. I wonder why we do not discuss about the BTC at the beginning of 2010 was CPU mined with few of peoples? Why make BTC more than 40x within a few months after appear at Mt.Gox? Are you affirm, the BTC is scam?? Why a huge amounts of BTC owned by early adopters? It can be easily proved watching on these accounts. Some of it own 1 million BTC. I think they have done a very bad publicity for the 7 billion people living on earth. Maybe it was a bad distribution? Do you really think, the BTC is a scam? Really? 

I made a serious chart relating to distribution. There I bring in the 4th option because you changed the rules. Please study it very seriously.

The only imagined fairness is in your mind.

Actually though I know even you don't really think the iota ico was well advertised and fair. It's a simple matter to compare it to NXT1.

If you try to compare your ico to ethereum, nem , lisk, you soon start to see that is was totally lacking.

Lisk raised 20x what you did...so either you're terrible at advertising your ico or you wanted a small ico. After NXT1 it was obvious you should have marketed this ICO to the max. You didn't and now you are joining in with the pump threads on the main board when you never hardly mentioned it on here before or during the ICO. Trying to persuade us these tokens should be sold for 30x ico price. What even justifies a 100% increase? not 3000%??
Tangle/dag can be used by any dev this is not your tech only. It has been said it could issues with consensus. The processor claims have been written off as laughable by some. So yeah I see why it has gone from 130 sats ico to 3000-4000 sats. Anyone buying at such prices for such little improvement is crazy.

If you released it on exchanges now it would sink like a stone hence why there is no eta to put it there.

I would stop bumping these threads and get a grip on the "investors" try to pump this on the main board. It is only making iota look more of a scam.

You can't pump it without releasing it to exchange whilst only a very tiny % hold the coin demanding 3000% ico. It's a scam.

It's just more precise now so that we have a clearer understanding of what is being voted for.

There was no distinction before between those that did not own iota who thought paying 3000% more was okay and those selling itoa for 3000% more than what they got it for thought it was a good idea.

There is now more of a distinction.

I recall FrictionlessCoin with his Imagine Fairness threads. And missing him. Today envious trolls are not that hilarious.

cryptohunter changed it, so that all answer options support his competent opinion.

This line alone made my day.

PS: Who has reset the poll and why?

Thanks for your 'pro tip'

We've all heard the butthurt , sour grapes, ...why not try and communicate as an adult. These are the trademark statements from those involved with scams.

Re read the thread then feel free to comment.

Why not explain start with a comparison between the ico's of iota, eth, nem, lisk.

Perhaps explain why ico's are better than pow?

Just come right out with it and say why a small, under advertised ICO with no POW is the best way to go.

Once you explained that then we can just let the topic drop and iota can get to pumping their tokens from 130sats to the 4000sats they are demanding now. That is already more than ethereums rise from ipo to where it is now and it's not even out? okay.

The butthurt is really strong in this one.

And then the voting options jeez.

Pro tip for you:

Stop playing with altcoins and just hodl btc.

You've already apparently scammed some poor chumps to pay 4000sats for the stealth ico 130sats tokens. However, most of these people are probably sock puppet accounts pretending to buy. I mean who would pay 4000sats for 130sats ico coin that nobody can prove willl work at all. If it works it brings limited advantages and some disadvatages. Has issues with consensus and centralisation. Has no working processor which has been promised and according to those no chance of every having one since that would mean creating something intel and amd can't even do. Is now considered a scam by a huge proportion of the board.  So now it's going to have a rise 30X greater than ethereum ico prices by your speculation.

Where are your pills? I don't know but please find them.

Haha - a billion dollar market cap. Come on please be serious. Your coin without the super processor that amd and intel can't make is of no great importance. The tangle (dag) concept has  big question marks hanging over it's head already.

You fail to realise too many people know it's a scam already.

You talking of 1billion market cap now just goes to show how much of a pumper you are.

Please stop with all your silly pump threads on the main board you are just damaging iota's already poor image.

Cryptohunter I got to hand it to you, this shit is absolutely priceless!!

I just went back and read the first post of the topic again. Fuckin great stuff. I got tears in my eyes laughing so hard. Oh man, your so serious and its so goddam funny!!

I encourage all of you to read the first post again.

"We're not gonna let the SAME PEOPLE  do the SAME THING and take our BTC again" Omg, it's too late buddy. I can't stop fucking laughing!!

The funniest thing is you think this is a big deal. This isn't shit. It's a measly 4000 sat, 15 min market cap. A billion dollar market cap will make your "30 times ICO price" seem like free when looking back at this post in the fall.

That's another reason I can't stop laughing. You're gonna miss it again, after you knew about it, AGAIN!

Omg I can barely type. Oh, jesus Ah ha ha, where are my pills. Oh man!!

thanks for this response, i'm reading some of the links right now. im actually capable of changing my mind when presented with the right evidence (unlike leftists).  but the jury is still out!

It's a scam because of the name IOTA? Best one I've heard so far.

Please explain what you mean by "sleazy ICO?"

in the crowdsale OP it clearly says:
Duration and schedule
Duration: 27 days.
Date: 25th November at 2 PM UTC - December 21st 11:59 PM UTC.

• Google "iota crowdsale":
  https://bitcointalksearch.org/topic/iota-crowdsale-1262688
  https://www.tangle.ninja/iota/crowdsale
• 1337 BTC (including early bird bonus and JINN shares)
• see second link above
• supply: see second link above. Trades: no exchange yet, only OTC trades, price fluctuates between 2k-4k satoshis
• See http://iotatoken.com/  (for example it does very lightweight transaction without tx fees allowing for very low end devices such as sensors to make transactions and send data over iota network)
• no, it's a brand new concept, it uses a "tangle" or DAG instead of a blockchain, which has some advantages

i cannot find out anything about IOTA ICO. i was mildly interested in the idea and probably would have thrown a tiny amount at the ICO, but i found nothing on their site.

- where can i find ANY info on IOTA ICO?
- how much was raised in IOTA ICO?
- over what time period did IOTA ICO occur?
- what is the current supply/price of IOTAtoken?
- where is IOTA traded?
- wtf can u do with IOTA?
- is IOTA a rebranded clone of an existing coin (ie a scam) designed to fleece the dumbest people who wanna invest in IoT?

given the name and the sleazy ICO, i can only assume this is a scam.

Of course. Let me see, where is the option: I do not own iotas and think the ico was fair?
Or: I think the ico was transparent, but it's over so you have to buy at market price?
Or: Its cryptohunters fault that he did not invest.

Re read the thread. I am simply stating a fact that a small ico is easier to manipulate than a giant one where 1000's of people partake. This is not a personal view this is simply as fact unless you want to give me a reason why you believe it is not.

LISK just raised around 20x what iota did. Why because iota token (iota ico controller) said they did not waste money on cheesy advertising. Ha, well so instead of that they decided to raise 20x less. This is quite simply as case of failure to raise funds (not a great indication for the future) or simply a deliberate case of under selling the ICO so you have oversell and pump it now that nobody has any apart from a very tiny tiny % of the board.

Either way it's not good.

Let's bring back POW and some decent release guidelines. Or at least part POW part ICO that is widely advertised. No more sneaky hoarding all the coins for a few people to ransom to others for 3000% behind the closed veil of under advertised ico's.

No- the poll rules were not followed. Out of 17 people that were meant to post that that they voted for the old option 2  guess how many posted ??

17? nope

14 ? nope

5 ? nope

0? YES - I wonder why that was. One could guess because they were all iota holders


Now try again. This time follow the rules of the OP the poll is fair. If everyone wants to vote for a stealth ICO where everyone else pays 3000% inflation a few weeks later they are free to do so. I will list their vote down as option 4.

Seems to me you haven't vote yet?

Let me take your vote now ?

Haha @cryptohunter, now you distorted the poll even more! Good one.
Wait I'll make a poll for you:

Cryptohunter:
a) has an agenda against iota and wants to give it a bad name with no arguments to back it up.
b) missed the ico which was his own fault and now hates iota because he is not rich.
c) is a paid shill

Seems as fair as your poll. Which option do you choose?