/biz/ - Business & Finance

>>28074234
it is unlke other assets in the market. So the potential is big. if it succeeds it becomes a huge thing and 100x if it fails it will go to 0. theres no in between.

https://youtu.be/3mQfd5YxxRA

>>28074234
Biggest scam in the top 50. Over promised and under delivered for 4 straight years, and still counting.
Coordicide won't happen, and this new update was scheduled for October, we're now in February.
Dyor.

>>28074342
This. 100x easily when it succeeds. I like to stake high for high returns

>>28074509
Yeah seems like that but seems kinda promising. They’ve been using it at Frankfurt Airport in Germany for covid vaccination ID’s. Redpill me on why thats bad? Crypto newfag here.

>>28074234
Budget cardano

>>28074234
Well u asked

https://m.youtube.com/watch?v=RYwOec2zZoA

>>28074628
It's basic FUD from linkies and other retarded portfolio.

IOTA is considered the end game of crypto. It'll let people trade cryptos with absolute no Gas fees AND let people store data with IOTA's code.

DESU what they are working on is HARD, like HARD HARD, but it's slowly starting to get adopted by several countries searching for these types of technologies.

And DESU XRP is today's biggest scam of the TOP 50, and I'm holding it. So invest in Iota and enjoy the next 5 years holding it until it is worked on and it explodes out of nowhere.

2017 shitcoin. Lots of bagholders still hoping this will go back to its ATH so they can dump it.

>>28074767
>>28074767

Are we really going to start believing a unknown person, on youtube, on a random channel, that looks like Pettigrew in Harry potter?

>>28074234
The red pill for IOTA is that they make multiple fake threads every day when they could be making money in a real project. Keep failing, keep being irrelevant.

>>28074931

IOTA is hardly ever mentioned here compared to most of the other coins.

>>28074931
I have no money in it fag. Trying to make some though. Redpill me on why it’s a shitcoin please.

>>28075060

I saw a thread about it before which is why I’m asking to be redpilled on it. All I see is fucking reef and rubic everywhere.

>>28074784
Thanks for your input. I will most likely give it a pass unless there is something that happens with it.

>>28075101
LISTEN.

It's a coin, it has a reason to exist as people are using it, there's a purpose behind the coin, THEREFORE it CANT be a shitcoin, at worst it's a bad altcoin, you want a shitcoin?

>Tendies
>HOGE
>PNK
>BUIDL
>WAIFU
>BRDG
>Bitconnect

There, these coins has no code, no value and are massive rugpulls where you invest your money for creators to dump a 100 million coin on the market, crash the coin, cash in and goodbye.

IOTA is a dogshit scam. it is like Ripple - created to enrich the founders.

Bought a small stack just because it's one of the 2017 alts that hasn't gone anywhere near to it's previous ATH. It's not like it matters if it's a shitcoin (look at doge) or not it's all a popularity contest and this one still has some name recognition. Not something you want to go all in though.

IOTA is the only coin that has large companies as partners (such as Volkswagen) and large cities (such as Taipei or Rio de Janeiro). How can you call something like this a scammy shit coin while promoting BAO or Rubic in the same sentence?

LOL DYR. Don't trust biz.
A lot peopel get burned in the past, that's why there's so much hatred.
The guys working on it this time are doing things right. The core idea is good. Basically is a DLT with L1 free and L2 with fees.
Probabily the best highest potential project out there. Is also somehow backed (or has projects) by some EU institutions (Uni & stuff).
As said before: is an all-in. If they succed the sky is the limit. If they fail 0.
Now they delivered a piece of the system, that seems to work. They have to deliver at least other 2 - 3 things.
I'm betting on it a small amount ATM.

>>28075325
LOL - totally different. XRP has no ideas and owners keep dumping. IOTA has really good ideas behind. Could be one of the first with real adoption.

>>28074911
Hes a selfmade multimillionaire and after that became billionaire because of bitcoin

High risk high reward coin, it is perfect for the average anon. If they succeed, the sky is the limit.. they haven't got a great track record of delivering though.
Don't write this coin off without thinking carefully about it.

And by the way, looking at DOGE right now, I don't expect any kind of logic anymore from this space. LOL.

German tech from 2017 and nothing else.
Dyor on DHT boi

>>28074509
The only FUD left is the coordinator.
Firstly the only people who care about decentralization are us idiots, Business do not give a shit, it's not a deal breaker for adoption at the moment.
Secondly the decentralized test net is working perfectly. The trilemma is solved and will be implemented over the next year.
What Fud can be made about IOTA then? It's literally a going to achieve something many said was impossible.

>>28076186
Well the re-designed the whole stuff last year. U missed something.

>>28074234
I bought iota at $4 in 2017

I will never financially recover from this

>>28074763
Cardano is vaporware run by someone who looks like they get out of breath coding.
Also how can it be a budget cardano when it's going to be the first crypto to di what all others so far couldn't.
Cardano already bent the knee by asking IOTA for a bridge so they will be able to use their feeless system.

>>28076287
what about their long history of not delivering what they promise?

>>28074767
Old and shite FUD from some salty gimp.
>>28074840
It's the biggest team in crypto and the most transparent also it is a completely different coin from 2017, that's what the whole chrysalis update is.
I holding well past ATH, you should look into what IOTA has become, it's not the empty promises it used to be.
>>28075325
The whole IOTA foundation got 5% of the token distribution, this pays over 120 people, along with grants from governments and what not, completely wrong there mate.

>>28076415
Maybe you will - who knows...

it pissed so many people off it is going to moon really hard. look at the salt itt. that is rocketfuel.

honestly just look at the charts. iota/usd, iota/btc, iota/eth. it's the trifecta of pumps. yesterday the weekly candle closed higher that the range, an accumulation range that is two years old.

>massive accumulation period
>lots of salty fags to piss off on a moon mission
>steady stream of news to come

moon.

>>28076415
i sold some at 4.40 in 2017
It was actually my first flip and i did believe it's sth at the time.

I have never bought back tho

>>28074234
It knows how to make cool names but aside from that nothing. Sure I'd love if projects named Chrysalis and Coordice were successful instead of Pancakeswap and Creamfinance but if there's one thing I learned about crypto it's that the dumber it sounds the more legit it is and the more legit it sounds the more of a scam it is

>>28076415
You will. Hold

>>28076567
well I lost money too with them; sometimes in this space happens. I made money from other stuff btw. I'm ok with that. I'm here to make money not to take revenge. The guys did some interesting stuff and purged the team from toxic people. I'think they're doing something now, worth of my attention. Again, I'm here for the tech and the money.

>>28076567
What's left to really deliever after coordicide apart from bridges and performance tweaks etc? It will have solved the trilemma and become indisputably the best system for the crypto space to build on.
The test net is currently running, you can review the code yourself, it's been mathematically proven and peer reviewed, coordicide is coming.

>>28076857
Well ,you're not from Germany,aren't you?

>>28074931
Nigga we have 1 thread per day at most, compared to the 200 rubic threads we have every single day

>>28076917
Smart contract are the next thing, and IMHO they're needed for network sustainability. Coordicide last.

>>28076917
Maybe I missed some things
What did they deliver?

>>28077041
Yeah sorry, i said 'what's left after coordicide', smart contracts and stuff will all be done throughout chrysallis

someone posted this last night. it's a basic chart but it's as good as any. the price action speaks for itself. i'm not sure if it's going to go past ath or anything, but right now it's a very safe bet for a 2x in the short term, 2-4 weeks. i do think it does much more than that though. you don't accumulate for 2 years for a measly 100%

IOTA smart contracts will be real game changer. Coming in April. They are made how they should be, scalable on second layer, using IOTA as scalable and FEELESS base layer.

>>28077110
A currently useable system that is completely feeless and fast?

So they delivered nothing YET but this time it will be different?
Kinda naive

>>28077178
cardano basically had the same chart before it pumped.

>>28077207
Like NANO?
Amazing achievement

>>28075485

That’s interesting to be fair. Redpill me further on it.

>>28077327
https://www.reuters.com/article/us-blockchain-autos-jaguar-idUSKBN26L3JO

>>28077288
Well if succed IOTA will be EU official DLT.

>>28077517
Fuck ok, this is actually looking decent as fuck. Will keep a close as fuck eye on it.

>>28077288
>Can't even transact data.
No anon, nothing like nano.

>>28077207
Why would people want that? I like needing to buy $20 of ETH every time I want to move my link and GRT to another wallet.
>fuck the entire Eth network, I am done with that shit forever

>>28077288
Ah and smart contract next. Nano could do this?

>>28077517
they've been working with jaguar land rover for a few years now. if they can release a car with that smart access shit built in so you earn iota for just driving around, that's huge.

>>28077647
They could promise it and not deliver as the IOTA-Team did in the past

>>28077720
Are you being wilfully retarded? You buy the rumour and sell the news. Yes there is risk, but the worst thing to do is wait until everything is released and running smoothly as the price will have already shot up.

>>28077786
So you bought about 3 years ago when they announced smart contracts first and now are waiting to sell the news?
Pathetic

>>28077720
LOL ok keep being angry. That's not how u make money. I personally already made my choice. Not throwing all my money in this. But a small amount RN is the fair choice IMHO.

>>28077840
No I bought at 25 cents. I never buy coins after they pump

>>28077857
What makes me seem angry?
I am just talking about clear red flags in this project.
Are you not able to counter these arguments?

>>28077902
So you did not buy the rumor
You bought the dip after it were clear that they will not deliver

>>28077840
3 years ago IMHO was huge mistake (and I made it, and I sold losing). Today is not. Take a peak at the testnet and git and stuff. Or are you not a tech guy?

>>28077980
You are right that today ist not the past.
But why should you trust them this time after all

>>28077914
okok it's ok, chill. Keep your red flags.I'm not here for shilling, I'm just sharing my views with OP who asked. I also told him DYR as I did.

>>28076980
I am how did you know

>>28078051
Because of the funny names stuff. :-D Do you know IOTA has partnership with Fraunhofer? I know how they work and how they normally build up partnerships, so I'm not exactly throwing money out of the window... .
https://www.fit.fraunhofer.de/de/fb/cscw/blockchain/platooning-prototyp.html

Bitcoin was promised to be the worlds P2P currency, it failed to be that, hard. It's barely even usable anymore. Now it has pumped like craaazzzzy.
IOTA was promised to be the worlds decentralized IOT currency. It is failing to be that.
Yeah, I am wildly bullish on it. Bitcoin has empirically shown IOTA has a good nice megapump ahead.

>>28078232
Holy shit didn't know about it. IOTAs list of ongoing things is endless. This will explode soon

>>28078396

The value proposition of Bitcoin has changed to "digital gold". The original purpose of it is long gone, but it has gold like properties due to its scarcity, which will only increase since Bitcoins are constantly lost due to missing wallets and so on.

>>28078396
Bitcoin is the safest network out there, but it cannot be used as a currency nor does it have any additional features like data-transfer, smart contracts or NFTs.

This niche is still open for contest and I see rather IOTA than ETH claiming it (fees are simply a dealbreaker)

>>28078449
I'm not sure they will explode in a good or bad way yet (I'm used to be pragmatic - that's why I hate somehow the crypto space - see what's happening with doge - it's completely bullshit). I'm just sayng this time I'm clearly see the potential, and I don't want to get completely left behind.

>>28078532
That is what I am predicting. IOTA just needs to pivot to want to be something completely useless and it will moon. Extremely easy. Team just claims they will be "digital water" orsmth stupid and boom: MOOON!
Nobody can't argue against it, because there is nothing to compare it with. Retards will FOMO in because it sounds futuristic. Herd will follow after a price rise. ez

>>28078722
Exchange listings, more announced real-world adoptions and end of lots of FUD (only coordicide left) will drive price.

The real bomb goes off once DeFi starts to migrate from ETH to feeless Tangle

>>28078559
51% attacks gonna become a huge problem in the future though. If the Chinese state somehow manages to control all the BTC and ETH mining operations in their country BTC and ETH will basically be centralized by the Chinese.

>>28078819
HOW DO I INVEST IN DIGITAL WATER WATER IS IMPORTANT SHUT UP AND TAKE MY MONEY

60c now lads. cats out the bag, the range has broken. there's been plenty of threads last few days where you could have bought for 50c. see you at 90c shortly.

Fuck, i'm all in. Are we gonna be moving today?

>>28080441
they will fomo in after $1 as always

>>28078978
Did not ETH change to staking with ETH 2.0? Or at least is going to?

>>28080447

Seems like it since 50c resistance was broken couple days ago and now it went through 60c as well.

most broken shitcoin ever

>>28080773
These posts are so old most of the retards shilling for IOTA through their discord raids probably don't even know about them.

>>28074234
Ah this. I’m still down 50% from 2017 lol. I live where they’re from. They’re nothing

>>28080773
Ah its you again, Mr. "I wish David Sonstebo is dead and a raindeer pisses in his mouth". You should seek help

>>28074234
It's POOOOOMPAAANNNNNN

how does this chart look like? :D

>>28080773
White genocide lmao

“If I had asked people what they wanted, they would have said faster horses.” - H.Ford

crypto related

>>28080773
fuck

>>28081260
people want to buy things that have already pumped 10000%. no vision or patience. herd mentality.

>>28081335
Like the people who bought GME at 350 thinking it would go to 1000. Might as well just put it all on black.

>>28074234
Dead coin. No use-case, which is why nobody is using it.

>>28074509
this is truth
>>28075001
2017 biz was full of IOTA every other thread was IDIOTAs

Short IOTA history.

IOTA was meant as a Jinn scam in 2014
But Jinn scam went so well CfB and Sonstebo made IOTA
IOTA scam went so well they both exit scammed

IOTA has no consensus protocol, it has no use for IoT.
It claimed Quantum Safe Crypto due to using self developed Trinary Hash Function

MIT high-school level cryptoanalysis broke IOTA self made hash function making double spends possible on network

IOTA network was halted for 2 weeks due to wallet hacks and network hacks

After this CfB and Sonstebo exit scammed

Problem is, 10 000 people bought into the scam even at $4
Those bags are so fucking heavy

Now those people want to onload on you to minimize their losses.

>>28081768
>>28081822
just like a fud-bot from 2017 that some pajeet has forgotten to config new.

>>28081822
wrong.
david and cfb were kicked from the foundation which is a very good sign. the iota foundation removes anything standing in their way currently, purged anything toxic.

the current iota is so different that even former people that assumed it dead are looking at it again, just check twitter and their discord.

never been as alive

borderline scam in the past with retarded founders. Now the retards are gone, the foundation is a strong and matured organisation. The future looks bright for this shitcoin

>>28081822
seriously literally every claim is old and solved.
Check Chrysalis idiot

>>28081822
what sort of a sad shit actually saves copypasta like this? who gives a fuck what happened before. this is a new cycle and it's pumping. that's literally all that matters.

>>28081948
CfB and Sonstebo exit scammed

Your bags are so heavy you have to celebrate that the founders and makers of the coin are gone

IOTA foundation is a bunch of IQ85 brainlets not even realizing they where scammed. Poor people.

>>28082169
> that's literally all that matters.

I see, you want to minimize your loss by finding new victims to sell your idiotas too.

>>28081822
Lol and this is Q1 / Q2 2018.

>Now those people want to onload on you to minimize their losses.

No I don't. I'm hodling. With L2 smart contract, you should have tokens to maximise your income, if you want to forge. Don't get fooled: IOTA is feeless on L1, buta there will be fees on L2, and that's why this thing will work very well. Free for core business; pay for any other business. That's clever.

gentlemen, buy *now*. before the crowd does.

fuck off with your 2017 FUD.
IOTA has ups and downs like every other project.
it's 100% pioneers' work.
wanna know what Bitcoin did in the beginning?

read this, you schmuck
https://twitter.com/CharlieShrem/status/1358446949960196096

Bitcoin has literally the worst shitcoin development of all projects.

IOTA is on its way, regulated, free to use, no premine in founders hands, no mining, scalable update in the pipeline.

FREE FUCKING TRANSACTION, FREE DEFI, FREE SMARTCONTRACTS, FREE DATA TRANSACTIONS, AUTHORITIES ARE PAYING THE FUCKING FOUNDATION AND THE BEST THING IS, COMPANIES NEED TOKENS TO BE ABLE TO MAKE TRANSACTIONS.

wtf is there not to like about IOTA besides personal beef?

HOW DUMB ARE YOU TO FUD THAT GOLD MINE?

>>28082219
I'm quite above avg price right now, but I'm not selling. There is a strong business model behind this.

>>28080898
>I live where they’re from
You have to go back to Roachistan

>>28075325
sure, driven by a non profit foundation working with governments and companies, ie : users. they even kicked out the founders.

>>28082283
uh ok - I'm 85 IQ and my evil plan is now ruined because of this 250 IQ anon. FML. LOL

>>28083058
like it!

$1 soon...

make me rich iota. i will spread my wealth on tons of shitcoins afterwards.

>>28074784
>HARD HARD

>>28082219
Nobody here is holding 2017 bags you dumb nigger. I bought IOTA at 30 cents a month ago. Sonstebo hasn't sold any IOTA, you can check his wallet on the explorer

>>28082729
People tend to be stupid and hate money on this board made out of poo in the loo.

OH SHIT WE ARE PUMPING

>>28082219

thats such a stupid noob-assumption if you'll think about it. they had so much time for dcaing. iotas atl was at ~0.08USD so they had so much time for dcaing plus selling with profit.

imagine holding just a bag that youve bought at 4USD and wait for dumping it plus forgetting the usual 4 year bull-cycle. what a noob.

iota is completely different from 2017. read about it. since cfb is gone, its going much more better. and hans moog is king. hes just brilliant in what hes doing at the iota foundation.

btw. seems that hans isnt the only genius in his family. moog invented THE "hall of fame" synthesizer. yes, same family.

Sonstebo "exit scammed"... well youre completely disqualified. no more spoonfeeding you or trolls.

We are lifting off now chads see you at 70c

>>28084661
Don't forget Sergey Popov, a legitimate genius mathematician.
>>28084718
ALL IN

>>28074234
Not a bagholder either. I bought at 50 Cents. Am in Profit rn

>>28084892
> Sergey Popov, a legitimate genius mathematician.

invents his own trinary hash function
broken by differential cryptoanalysis which you learn in high school

> genius

>>28085218
and you showcased you are a troll right here.
popov did not invent the trinary hash, that was cfb - the guy that got kicked

the real takeoff is happening in a few weeks

>>28085218
popov has nothing to do with trinary you fucking schizo. Take your meds nigger

>>28080773
sonstebo is out of the foundation (thank god) fuck that piece of shit.

diese scheiß affen

die guten board member verlassen die foundation

Julie Maupin weg, die wenigstens hätte EU lobbyarbeit betreiben können für nen guten pump; Ralf Rottman schon lange weg, der hätte wenigstens was gerissen

Guck dir die BTC / IOTA chart an, MIOTA ist fast ne stable coin, nichts passiert in den letzten 2 Jahren, BTC ATH, ETH ATH

Nicht mal smartcontracts fertig

Foundation hat nicht mal Geld für das Ökosystem, guck dir Solana an die durch Alameda irre viel Geld einsacken und ein vernünftiges Ökosystem bauen

etc.

>>28086203
Du hast ja gar keine ahnung, zurück nach reddit mit dir.

>>28086386
Wahrscheinlich oder? Ich hab direkt am Anfang auf YDX gekauft und seit dem gucke ich dieser shitshow zu

Was der foundation fehlt ist leadership und mittlerweile sicherlich auch Geld.

Da kannst du hoffen wie du willst, guck dir doch die leaked chats an aus dem "whale" discord, die wünschen sich schon seit 2018, dass der token preis mal steigt.

Die verdienen kein Geld. Entweder dieses ja wir das Ökosystem aufgebaut und du hast auf IOTA DEFI wie auf den anderen chains, oder die fliegen aus den Top 100, es sei denn es gibt EU funding oder Tesla kauft IOTA, dann schieben die retail opfer den preis eh auf 30

>>28085407
probably will take some time yeah. btc dominance will increase short term so maybe we consolidate this range break out before we move up further.

>>28087089
Elon's tweet has cancelled alt season lol

Buy IOTA the true German Ubermensch coin

>>28074234
I know for a fact that Volkswagen already uses it.

>>28089211
if that is true then iota is truly taking over the automobile world

>>28085891
lol why

>>28074234
Easy gains for the next time.

>>28087289
Short sighted. Credibility and hype around BTC will always affect market as a whole. PLUS IOTA release pipeline comes at the perfect time to cash in on it

Shitcoin or not, IOTA will be the easiest gains you can make in your life. History will prove itself again.
Normies will look at the chart once IOTA is $1 and see what the price was at ATH and FOMO in.

this will be a very comfy ride, just make sure to cash out near ATH.

>>28090753
literally this

schizos rambling about 2017 IOTA FUD have no grasp on reality or predictive power whatsoever. Cardano dropped 99% and now it's on the way to ATH.

The IOTA narrative about feeless transactions, green energy, m2m economy, etc is going to capture the minds of every crypto normie. Nobody on reddit is even talking about this shit yet. There's 1.5 million people on r/cc to pump bags. Not to mention, the partnerships are unironically real. They are still working with a few car manufacturers, and IOTA is based out of Germany. Conveniently where Tesla is located

Things have changed in the last few years. IOTA is going to be a part of daily life for us. Check https://iotaarchive.com/companies?order=patents to see which companies/governments have filed patents on IOTA. Pic related-- Siemens has filed 47, most in 2020 alone.

>>28076287
If the coordinator is still in place, it's not FUD, ots fact.
And it does matter, as without decentralisation, iota gotta compete with other centralised solutions like AWS, where in comparison it severely lacks behind.

>>28091664

>>28091977
Feeless.

>>28091977
Ethereum is worth 200b and hasn't even proven that it can scale to be used by more than a few thousand people. IOTA is running without a coordinator on testnet. That testnet will be incentivized such that we can all play with it in a few weeks. Mainnet by the end of the year

IOTA will be the best thing of 2021, mark these words

Moon soon

positive funding rates on every exchange. We're clear for 80 cents today

I am balls deep in IOTA.
That said, coordicide is like 3 quarters away conservatively speaking.
Is there any crypto that could do what IOTA is trying to do but finish faster? That would be the only FUD remaining afaic.

>>28091664
>fast
>TEN SECONDS
lmao

>>28075988
He speaks like a complete cunt

>>28081822
Listen to this guy. IOTA is the next QASH. Glad I sold my IOTA bags for ADA.

>>28074767
he was actually right about the OLD protocol, but none of it applies to chrysalis.
with chrysalis, iota belongs in the top 5

>>28074234
Crypto for transactions between machines.

That is all you need to know.

Buy the dip. Hold until automation becomes mainstream.

>>28074767
Don't know who that guy is but he does seem to know what he's talking about, even if he gets a little pedantic.

>>28097234
Industry adoption is coming

>>28097294
He knew in 2018

>>28095209
no one else is even close. And it wouldn't matter if they were. IOTA is the most well connected project in crypto. They have more enterprise/government interest than anyone. All of those entities are aware of the timelines and are patiently waiting to use the Tangle. They don't need coordicide either. Chrysalis is production ready. Over a dozen enterprises are slated to go live with Chrysalis

>>28097627

this thread smells like curry, someone opens a window pls

>still they try to provide you fucking reflink to dump shit

LMAO someone even try to provide staking systems.

You should understand one thing, I have already used Poolz and their NFT for income, I wouldn’t believe in your shit

>>28097294
Richard Heart bought the top of the 2018 bull run and was crying on livestream about it. He's a scamming nigger who doesn't know shit. Old IOTA fud isn't relevant anyway

>>28097830
Everything he says from a technical standpoint is correct in that video though. If you're just grabbing edges of a dag as "nodes" you don't have consensus, that's just stupid.

>>28098053
In classical BFT consensus the committee communicates directly and you need more than 67% to reach consensus. In IOTA layer 1 there are no committees. You just vote on conflicting transactions using FPC. If a transaction is not conflicting you don't vote. You get to hear every nodes opinion about the transaction at some point in time and you weight those opinions by mana and you locally decide if a transaction is valid or not.

>>28098761
This means nothing.

>>28074784
>The end game of cryptos

Nigger, you want to wait 100 years before you see some green?

Fuck off

>>28097791
Then don't bother us and just follow Elon and buy Doge one week and BTC the other.

>>28098952
It means something to the 12 billion dollar enterprises who are waiting for Chrysalis so they can begin building on Tangle

>>28099235
LOL actually on IOTA I'm totally green and hodling. Sorry for you.

>>28098952
The absolute state of this board

>>28099387
No it doesn't wtf are you talking about?

>>28099464
Chrysalis is designed to be production ready. The dev team has been working closely alongside many partners for this release. The jump from current IOTA to chrysalis is much larger than the jump from chrysalis to coordicide. They are not so much concerned with decentralization as they are with accessibility.

>>28099706
Exactly this. Chrysalis optimized every single aspect of the protocol and is modular. It doesnt care what consensus algorithm is plugged in. So Coordicide update is just another consensus modul on the otherwise finished protocol

>>28100386
They should call it EBOLA wtf

>>28084892
>Don't forget Sergey Popov, a legitimate genius mathematician.
The original role of Popov was apparently to provide a smokescreen for people like you who think that just because some math is involved everything is legit.
He was hired after the system had already been built, and then wrote up a lot of statistical reasoning that was completely meaningless to the real world because it was based on unrealistic modeling assumptions.
There is no reason to believe that he went from "that smokescreen dude" to being a revolutionary consensus designer who can justify the billion $ market cap that was based on their false pump and dump marketing.
Prior to Popov you called CfB a "legitimate genius" for building that crappy original system, now the fact that they are dumping his system as well as all of those other genius level IOTA innovations like "quantum proof" signatures and trinary and their wallet are the best features you can come up with.

>>28095209
Avax is basically iota2 with PoS instead of PoW

>>28100662
Who is "you" you dumb nigger? I bought IOTA a month ago. Not everyone here is a 2017 bagholder like you.

Why the fuck does IOTA draw so many FUD schizos? It is a 1 billion dollar market cap. Meanwhile ETH is 200b and hasn't even proved it can scale

I've been carrying 200 MIOTA since mid-2019.

You guys think I should increase my stack?

>>28100834
If you're not one of the OG scammers who know the roots of this project then I guess you're a gullible retard who fell for the meme partnerships and the ridiculous sci-fi marketing narrative.
There is no scenario here in which your buying into this scam reflects well on you, at best you're uninformed or engaging in degenerate gambling.

>>28100845
Yeah.

>>28100662
Schizo babble that has no truth.
>>28100677
Classic roach, shilling shit and having no idea what he's talking about.

>>28101207
You haven't actually proven that it's a scam though. You just painted a hyperbolic narrative with verbose language. The team made bad decisions. They admitted to this and we are all aware of it. But where is the scam? Sonstebo is a piece of shit but he owns the biggest wallet and you can see he has not sold

>>28074234
Shit Coin

>>28101207
Embarrassing

>>28100662
you are the archetypal midwit

>>28099460
Based pic. The fact that the IOTA team refuses to release something half baked is a huge plus in my opinion.
I don't care if the coordicide only happens in two years. Keeping control over the network until everything is perfect is a based/no-shitcoin approach.

>>28074234

nothing this shit just dumps on newfags I wish I was joking

>>28101360
IOTA is a cleverly designed scheme with lots of smokescreens, so I do not expect you to understand this, but if you search the archives you'll find the remaining traces of at least 4 or 5 incidents where the projects leaders literally confiscated tokens from users under the pretense of having to "protect" them because of some bug.
The fact that the IOTA founders have pulled an enormous amount of tokens out of circulation using this scheme explains many things, such as the recurring theme of "what happend to my funds, why is my balance 0, why is my money gone" on IOTA forums which you never see in any other coin's forum because no coin has such a crazy scam scheme.
You can also look into how they designed their various PnDs like the Microsoft announcement in 2017, or you can look into the history of Sonstebo and CfB with Jinn as well as various other PnD links.
It is obvious that the origins of this project are rotten to the core, but it is indeed true that they hired 100s of people around that core who think that they're building something legitimate. And maybe eventually something legitimate will come out of it but that seems doubtful because it has always mostly been based on lies.

>>28102128
another dark narrative with zero proof. Take your meds and go do something with your life, schizo

>>28102128
SCHIZOROOOOONIIII.
What a load of shit, haven't you got an XRP shill to post?

>>28102128
This. It's clear that this new iota has to be interpreted as a completely different crypto than old iota, but that means its previous backing and support is built on a shitty scaffolding, and should be treated as such moving forward.

>>28102389
>>28102494
Fuck off worthless scammers.

>>28102593
if IOTA was a scam, you'd see Dom on twitter shilling at the top of his lungs like Charles Hoskinson. Fuck off you schizo

December 2019 to February 2020 trinity wallet hack cost iota users millions.

Lol guys - really, if you don't want this just don't buy it, this is not a problem. If the project is going to win, than you will be forced to buy IOTA in the future, in order to have an everyday normal life. Otherwise it will go to 0 and no fucks are given. I remember when I knew about eth the first time and decided to ignore it. I'll be probably somewhere else rigth now. I prefear to waste a bit of money in what seems to be a promising project, and lose them, instead of having nothing in a couple of years. You want to buy AVAX? Go, do it. You prefer nano? it's ok, move on.

>>28103296
every single one of them got repaid. If they didn't, it's because they didn't ask. Weak fud nigger

>>28102389
>dark
did these mfs hire tony robbins to pump their shitcoin

>>28103384
tell us what shitcoin you hold

>>28102128
This is not America or Russia or India or China where people with lot of money could shag your ass violently. EU is slow, old, hungry, but with lot of rules you have to comply. IOTA is a EU foundation with many institutional partnerships.
DYR and stop throwing curry powder in the eyes of good anons.

>>28102128
This man speaks truth

buy IOTA and be an IDIOTA.
after all these warnings and all the past events
if you still buy you deserver to be poor forever

Im so glad these retards here are trying to shill a dead 2017 coin which was a resurrection of a dead 2015 Jinn coin which was made by same scammer as where is that dead coin again, Nxtcoin?

Hope your bags are heavy you dumb mother fuckers
We warned you in 2017 as well

>>28103343
This is a lie, their "reclaim" process has also been designed to contain many hurdles and delays that will make many people give up. Not unlike HitBTC's scheme.
Plus they get to keep funds from everyone who thinks IOTA is a safe long-term cold storage hold, or who loses access, or...
With the Foundation model that type of income will be more difficult to explain, but even without selling anything they profited from tokens removed from circulatio>>28103343
This is a lie, their "reclaim" process has also been designed to contain many hurdles and delays that will make many people give up. Not unlike HitBTC's scheme.
Plus they get to keep funds from everyone who thinks IOTA is a safe long-term cold storage hold, or who loses access, or...
With the Foundation model that type of income will be more difficult to explain, but even without selling anything they profited from tokens removed from circulation and you can bet they made huge profits on the first waves. They already kept "unclaimed" tokens from the ICO so their token hoarding scheme basically started from the very beginning.

>>28103296
Moonpay was hacked and because of their integration could steal from the wallet. IOTA has always been secure, all coins were repaid and IOTA marches on.

Replying to yourself on another IP faggot.

>>28104032
Show me a person who has not been reimbursed as of now. Take your fucking meds dude

>>28074342
Make it stack vs suicide stack?
I like it's potential

just went all in on this, first investment ever, 600 MIOTA

this is a hold right? we expect the project to take off when? end of the year?
also judging by the supply which is almost 3b and the market cap almost 2b, what's the ceiling on this thing? 10$?

this would imply that the market could reach 15b, will people really have a reason to invest that much into this project?

good luck friends

>>28104286
Chrysalis will be their largest protocol upgrade ever and its happening in a few weeks. Enterprise partners will go live at the same time.

the ceiling is limitless if IOTA exceeds. It's still down 90% from ATH. It can easily surpass Cardano/DOT marketcap after people realize IOTA never went away

>>28103945
More idiots = u getting the best value cheap. Why you do complain so much? We IDIOTAS will soon get rekt and forced to buy your good stuff, so just chill out and enjoy.

What people here don't get is that IOTA foundation is not working their product dumping coins like XRP. They are nowadays getting grants and funds from institutions. They will go forth with or without you and your money.

>>28104049
>IOTA has always been secure
IOTA has always been secure
https://medium.com/@neha/cryptographic-vulnerabilities-in-iota-9a6a9ddc4367
https://dci.mit.edu/research/2019/3/31/cryptanalysis-of-curl-p-and-other-attacks-on-the-iota-cryptocurrency

https://news.ycombinator.com/item?id=15946180

you dense mother fuckers
stop trying no body will buy your heavy bags take your loss and move on like a man
you got scammed simple as

>>28104255
Open any IOTA forum and scroll through the "where are my funds" posts, scammer

>>28104286
buy more please 600MIOTA is not enough you need to up those numbers my man, 10x at least.
then retire with $100m to your name not measly $10m. do it. do eeet.

>>28104531
LOL OOOOOOOOOOOOOOOOOOLD
C'mon, what's goin on here? Those guys fell into a cryogenic stasys chamber and woke up yesterday?

>>28104612
I have been active on the subreddit and this is not a thing. I did see one person who had been MIA. A guy named Antonio reconnected him with his IOTA.

Stop thinking the whole world is out to get you nigger. I wouldn't invest in this project if they were draining people's wallets

>>28104286
$10 EOY is conservative, some think we could break $20 EOY with $100 being a much longer term possibility.
Personally I am prepared to hodl for 5 more years

>>28104617
May I ask what happened to you? Som guys from IOTA dev team stole your gf? Why do you care so much about us idiots with low IQ? Why such a philantropic sentiment from you?

>>28102389
>>28102128

I'll chime in. CFB wasn't afraid to go scorched earth and leak private conversations, feel free to check out CFB's and hund_research's twitter. These conversations go several years back. The fact of the matter is that the genesis of Iota is the vehicle for CFB and David's "stealth startup", JINN.

CFB is no dummy, he invented POS. That said, some of his ideas (ternary, WOTS, etc.) are straight up idiotic. Combine that with false hype (Announcing Qubic when there is nothing to show for it, Microsoft partnership, etc.) and missed deadlines, I don't really blame anyone avoiding Iota.

With CFB and David gone, the development team set a clear vision that I personally think is in the right direction. Considering how expensive gas fees are these days, I think people will find Iota very appealing.

Considering how much will come to fruition in the next few months, any speculator should give Iota a serious look.