Iota hate thread

[Anonymous No.15516623]

They made a project with Jaguar, vapor news, this shit keeps bleeding

[Anonymous No.15517121]

>Jaguar
>Volkswagen
>Bosch
>Fujitsu
>STMicroelectronics
>Object Management Group set to formally standardize IOTA as IoT protocol = further industry adoption
>Huge foundation of world class mathematicians, engineers, business people etc that is constantly being added to
>First crypto non-profit in Germany
>Lots of smart city projects being developed, like trash can sensors etc

Vaporware scam, indeed!

[Anonymous No.15517218]

>>15517121
>Plethora of evidence based research cited in reputable journals

indeed - vaporware

[Anonymous No.15517236]

>>15517121
so why this keeps bleeding? Whale suppressing the price?

[Anonymous No.15517249]

>>15517236
everyold alt is bleeding

[Anonymous No.15517258]

>>15517249
Yes, but this is a very serious dump.
Last high was $0,56, now it's $0,23

[Anonymous No.15517337]

Last gen coins are dead

[Anonymous No.15517357]

>>15517337
new gen is a meme

[Anonymous No.15517521]

>>15517236
I think investors are impatient, there is a lot of FUD particularly around this project, and alts in general are having a rough time. Just read some of the FUD about IOTA here on this board and you’ll see that people are not keeping up with the project’s progress at all. That’s not to say there aren’t legitimate concerns and criticisms, but most of the shit you see here and on Twitter is from moonboy brainlets.

[Anonymous No.15517537]

>>15517521
Progresses are very small at the moment.
Certainly it's better than others like ada, but there's no news now

[Anonymous No.15517659]

Behause Jaguar is an irrelevant carmanufacturer.

[Anonymous No.15517661]

>>15517521
IOTA been larping about progress and removing the coordinator for like 5 years. It's never coming. If you're being "patient" you're a brainlet.

[Anonymous No.15517668]

This was always the shittiest of shit coins. They thought writing the setting for a sci fi graphic novel was enough.

It doesn't DO anything. Nothing works and there's no application except virtue signalling about refugee cities and white genocide.

[Anonymous No.15518285]

>>15517236
Disgruntled bagholder here (still 100% in IOTA). A few reasons:

>naively overhyping the progress and leaving investors butthurt
>terrible communication skills of the founders, plus they are generally unsympethatic people
>defensive communitiy which has a reputation to shill and troll (tangleblog the cunt)
>fuckton of fud dragging on even though fixed since months (wallet, lost transactions)
>fudded by bitcoin maximalists
>very clear that it takes at least 2 more years until production readiness without coordinator and with smart contracts (so why invest now, come back in a year)
>everything still very theoretical, only little code publicly available
>as a German project, it is somewhat popular in Germany, but lesser known in China / USA, where the big crypto money is
>on relatively few exchanges, as the iota foundation refuses to pay the ridiculously high listing fees (due to German non-profit laws I assume).

Still 100% in iota because if they pull it off (which seems more likely everyday now) and actually solved the DLT trilemma, this project will unironically blast 80% of crypto out of existence and do a solid x100. The industry seems to believe in iota and they have certainly done their research, as >>15517121 shows a few examples.


So I'm holding and gradually buy more as long as it is that cheap.

[Anonymous No.15518593]

>>15518285
>>on relatively few exchanges, as the iota foundation refuses to pay the ridiculously high listing fees (due to German non-profit laws I assume).
Or just that is a centralized shit, not suitable on most exchanges, and they're trying to solve with coordicide to get listed.