/biz/ - Business & Finance

IM SHAKING RIGHT NOOOOOOOOW

>>17228031
dumb ass idiotas get what they deserve

>Be me
>Hate IOTA due to team
>IOTA fanboys seem to be sterotype of new generation
>Invest little bit in IOTA
>IOTA never has stable wallet and stories of funds lost appear
>Sell IOTA
>Never look back
>Year later, same thing again
>Still comfy in LINK
IOTA seem like one large elaborate scam designed to milk funds from "glitches" in their "non-blockchain chain"

>>17228031
this is FANTASTIC.

>More from reddit:
>They are still suggesting nobody opens the Trinity wallet on any operating system (Although as of now, the only affected OS's are Windows, Linux, and MacOS - no mobile users as of now)

Bros more ppl lost. I am on telegram its a mess. Coordinator offline nodes not syncing since yesterday. But yeah big companies are using it sure. They will never go with something such messy which can go down anytime. Its not secure, owners are total idiots and its a mess.

The "coordinator" (the thing that makes iota a centralized database, not a blockchain) was supposed to be phased out years ago. Top kek

>>17228031
redditcucks seething

>>17228241
n-no... it's going to get phased out... really guys...

They posted this on their twitter. I would market sell the first opportunity if I had any money in this shitshow
>Currently, #IOTA is working with law enforcement and cybersecurity experts to investigate a coordinated attack, resulting in stolen funds. To protect users, we have paused the Coordinator and advise users not to open Trinity until further notice. Updates: https://status.iota.org

>>17228031
jesus fuck. i feel bad and i dont at the same time, iota was always just pure shit

>>17228303
>iota was always just pure shit
this. the wallets never worked or felt safe. dumped years ago

I'm one of the main IOTA haters on this board. WHY won't you iotaniggers listen? IOTA IS A SHIT PROJECT. It is broken vaporware. Get out while you can

>>17228031
nooo my tangle!

>>17228330
Oh, now I remember. IOTA developed their own cryptographic hash using trinary logic. Turns out it was insecure as hell. Big surprise :DDD

>>17228031
The team is nearly schizo and will do anything to keep this project alive running for years. Regardless its desaster records till now may someone call it a scam. I cant tell when the will run out of money but they never did any profit. The tech itself is vaporware and the founders themselves know it therefore started building up this whole foundation, created these hubs and thinktanks and whatnot that basically just spread the word out of DLT and raising cooperate awareness in general, distracting from their tech. Considering how early it is and that they didnt do that bad of a job building the foundation it will probably worth something to the founders and owners just because they already concruguated a lot of smart guys in one entity. Essentially it will probably sold off in some kind of merger or aquisition and the foundation will pivot. sonstobe and his friends will make cash while bagholders will run hold the bags to zero, a scenario like this is inevitable

>>17228715
you are exactly right, the founders know the tech is shit and they are stringing it all out to get maximum profit.

my BSV in electrum SV are comfy

>>17228330
no one here is actually all in IOTA. you can shut your fuck face up now. thanks

NOOOOOO SAVE ME GOVERNMENT

>>17228516
>IOTA developed their own cryptographic hash using trinary logic
This was one of the worst ideas I have seen from crypto projects. Imagine building an immutable ledger application and not knowing anything about encryption. If this didn't make people sell they deserve to lose money

>>17228031
>iota have frozen the coordinator to stop the funds from moving
AHAHAHAHA imagine being uniroincally invested in this scamcoin vaporware

>>17228516
>Turns out it was insecure as hell. Big surprise :DDD
there was a 1/13 chance any transaction is going to be send with the private key, in direct plaintext.
This level of incompetency is comical.

>>17228031

ORANGE MAN BAD

PROOF OF WORK BAD

>>17228330

The only iota fan I know bought the XRP top and now hates bitcoin

>>17229328
LMFAO WHAT???

>>17228031
That's not very nice to laugh at other people's misery dude

>>17229818
IdIOTA detected

>>17229328
THE ABSOLUTE STATE

Top5 EOY :)

nothing like seeing rddit rekt

>>17228031
that is the reason you dont invent your own hashing/cryprographic functions, its always best practice to use existing systems like sha3, sha2, etc

but no, IOTA is developing to TRINARY systems... LOL

You’re all such fucking retards. This is clearly a ploy for avoiding taxes.

SMART
REFUGEE
CITIES

>>17228031
Wow, Its real. Market sell IOTA ASAP

>>17228031
But hold on....

Wasn't this Israeli coin going to be used to build refugee cities all over the planet (not Israel) and bring in multiculturalism?

This is a tragedy. The world (except Israel) needs to be racially mixed into a brown mass and anyone (not Jews or Israel) who opposes this is probably a white supremacist.

Also, we can't allow anti semitism to thrive. This Israeli project was always 100% legit and CANNOT be called a scam.

>>17230524
if theres jews in it it can't fail

>>17228031
Holy shit it is hard to express the fucking VINDICATION I feel right now. So comfy on the Chainlink horse watching all these other idiots trying to ride cows and badgers and raccoons.

>>17228715
What are the chances CFB is the hacker on this one

>>17228241
And that arrogant fucking founder... They had this coming, what a complete fucking mess.

>>17230563
(((Weimar Germany)))
to
(((2008 financial coup)))