/biz/ - Business & Finance

>>29967391
Holy fucking shit I didn't know the CityXChange project is so fast advanced already. Imagine EU cities trading on top of the Tangle wtf

IOTA is the most undervalued project on earth.
x20 before eoy

>>29967845
seriously though, can someone explain to a newfag like me why this coin is still so low?

With Crysalis coming Q1 (this month?) and coordicide in Q4 this shit is going parabolic. Get in before release as it will probably already priced in by then.

>>29967391
"EU builds decentralized energy market on IOTA"
Having a hard time believing the EU building anything decentralized though.
Holding pumped IOTA bags, so I'm rooting for it just as the next guy ITT

>>29967994
Because the mainnet, although functional, is not yet fully optimized and decentralized. HUGE functionality upgrade comes in 4 weeks (Chrysalis update). There will be big performance improvements, better libraries for developers, smart contracts, NFTs, oracles and much more.

Later this year (Q4) the centralizing element, the Coordinator node, will be shut off. Coordinator-free testnet is already running. This will be done by introducing a completly new consensus algorithm (Reputation-based conflict-voting).

>>29967994
2 things.
It's the EU coin. And everybody only looks to US & China.
All the partnership news alwaysgives off the vibes that the price has been raised sufficiently.

All in all, this is afire and forget for me. Will look back at it in opne month or so.

>>29967994
In 2018 IOTA partnered with an organization called MoonPay. They build their platform on the Tangle network but it was a very badly coded project which enabled a hacker to backdoor into the mainnet and steal a shit ton of MIOTA. They have been focussing on securing their network and fixed their main problems. Now for the finishing touch they plan to release their Chrysalis update which was announced ages ago which will make the mainnet more scalable, more secure and it makes it possible to release their coordicide update what will make it completely decentralised.

>>29968287
The EU has the strongest privacy protection on the planet (check GDPR) and has a comparatively low track-record of spying on their citizens (although allowing US to do so).

I guess the electricity market place will be regulated just as everything else, but the DLT itself will not (and can not)

Lots of stuff will be published in Q1, just look at their roadmap.
Been holding since $0.20 last year

>>29967391

Limerick is a fucking dump, why would you try out anything in Limerick?

IOTA is going to have a good year though. Surely a x3 or 4.

>>29968455
It was external code being loaded into the wallet via moonpay which was exploited, not the mainnet.

>>29969379
>Limerick is a fucking dump, why would you try out anything in Limerick?
A dump with a massive amount of large chemical and pharmaceutical plants that need plenty of energy you mean, surely

>>29967391
Imagine supporting this shit
You are basically buying your own enslavement

>>29969428
You're right, I had a hard time explaining it as I read about it a while ago!

$50 EOY

inb4 the schizo fudder

>>29969528
what are you even talking about lmao

>>29969379

There once was a DLT
It scaled and transactions were free.

There were no fees to pay
Although fudders still said 'nay'.

Now it's almost time for a gigantic pump.
Not having IOTA bags is incredibly dump.

It's time to launch this rocket soon.
Because IOTA will go the fucking moon.

Price pumps 10%, that's pretty based. I guess.

nice

>>29969683
Buzzwords like smart cities piss me off
Everything has to be connected over some super fast 5G network so that big brother can watch you

>>29969379
I guess they use smaller and medium-sized cities because they are easier to handle for these kinds of tests.

>>29970477
I though smart city is an autonomous car earning money by driving people around and spending that money on energy it gets from some guys solar panels nearby?

>>29969528
Imagine missing out on profit

>>29967391
dev is still a sperg tho

>>29971004
"A smart city is an urban area that uses different types of electronic methods and sensors to collect data"
Sounds reasonable enough but it doesn't take alot of imagination to figure out how this can be used to observe and control the population

>>29971416
IOTA foundation is literally 130+ people not counting academic partners for example in RWTH Aachen or University Vienna. Which of those is a retard?

>>29971525
Well, can also be used to immensely increase economic and energy efficiency of a city, leading to higher wealth, quality of life and less carbon footprints

>>29969743
Thats nothing. Chrysalis update and a million further tech and adoption news all coming out this month. Easy x2 EOM, x5-10 EOY

>>29972306
I guess my point is that ADA and FTM are fucking vaporware backed by memes while IOTA has major contracts and somehow vaporware memes beats major contracts

Crypto is a meme

>>29969711
Cringe

>>29967391
Top 5 EOY

>>29972410
I accumulate since 2018, average price at 35c. I see the slow rise as a prolonged chance to buy. IOTAs rise to top 5 crypto (maybe top 2) is inevitable for anybody who can read, so thats safe money.

>>29967994
one obvious reason is their bad history. hacks, failed promises. lots of people call it a scamcoin. another reason could be that it's just not on many exchanges. another reason is that most major alts are in a similar price spot right now, about a third to half way of their ath. look at ltc for instance, that's only about half way to ath.

>>29972974
Dom confirmed there will be more exchanges listing IOTA after Chrysalis update. Celsius network also confirmed IOTA listing. Do you think this will raise the price?

>>29973184
exchange listings will definitely raise visibility and accessibility and raise the price. if they can get onto coinbase it will pump hard.

>>29973419
I heard Coinbase only lists paying players and IF is legally not allowed to pay for listing (non-profit organization). Lets see when IOTA becomes to big so they dont want to miss out the volume

Where can you buy this?

>>29974047
binance, also etoro but etoro is garbage for trading crypto

>>29974047
>>29974348
and bitfinex

>>29968455
we will hack it again. checked.

LMAO Etoro.. this not your coins, but a contract

>>29974001
i know dom went to new york for business and i think gemini and coinbase have bases there.

>>29974703
they have added the possibility to transfer your crypto to an external wallet. Don't know the details on this, but the fees they take on crypto are just ridiculous.

>>29974569
kek as if you could hack my wallet if I gave you my pw

>mfw sitting on 100+ Gi
>average price 40c