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4382146 No.4382146 [Reply] [Original]

20% pump in 24 hours? What's behind this?

>> No.4382187

>>4382146

bittrex soon

>> No.4382208

IOTA is just a dope project. It's like monero, anytime bitcoin isn't doing stupid shit it's going to go up.

>> No.4382222

>bought iota while back
>funds taken into custody of IOTA foundation
>run reclaim tool
>say they'll processing reveals on Monday
>its Wednesday
>still don't have my money back
This is such bullshit.

>> No.4382240

isnt that price for 1 million coins tho ?
since CMC lists the price in MIOTA
bit confused here idk

>> No.4382250

>>4382187
That'd be huge. Gonna be pissed I didn't buy a few thousand at 12¢ if this really takes off

>> No.4382253

>>4382146
refugees are awake

>> No.4382262

>>4382146
smart money getting in now

>> No.4382269

Iota is problematic because the devs can lock up coins at will and not release them.

>> No.4382285

>>4382222
Same here Anon. I only have 50Mi but they are currently lost in an old snapshot? I'm confused on how I get my shit back. Ive done the reclaim and I've reattached 30+ addresses, still showing a zero balance

>> No.4382288

>>4382250
prepare to be pissed. but you still have time to get in. lots of good things are coming very soon which will be announced. 2018 will be the year of IOTA; similar to Ethereum this year

>> No.4382308

>>4382240
It's in Millions. 1Million iota is what they're quoting

>> No.4382314

>>4382269

"problematic"

>> No.4382331

>>4382308
yeah thats what i thought
1 million iota is 70 cents then
what a gigantic supply

>> No.4382349

>>4382331
It's called iota for a reason. Market cap is all that matters, individual price of coin is meaningless, a bitcoin is technically a million Satoshi.

>> No.4382396
File: 437 KB, 1280x853, 1397037496945.jpg [View same] [iqdb] [saucenao] [google]
4382396

IOTA AKBAR

>> No.4382422

Yea so how do i get the funds back in my wallet?

>> No.4382508

>>4382146
Maybe its because IOTA is actually good and is going somewhere

>> No.4382529

>>4382222
Aha faggot

>> No.4382553

i wanted to buy some a while ago but their wallet gave me aids so i didnt
lmao

>> No.4382570

IOTA on the paper is by far the best currency-wise token. No mining, no staking, fee-less transactions.

But it's not there yet and will take quite a while to get there.

>> No.4382572

>tfw bought this pile of shit at $1.00 because you faggots told me it had finally broken resistance and was going to explode to $2.00 the next day

>> No.4382573

>>4382331

>he doesn't know about the actual BTC supply

>> No.4382601

>>4382570

>no mining
>no staking
>no fees

so miners are just processing the chain out of the goodness of their heart?

>> No.4382618

>>4382331
No

>>from reddit

There are only 2,779,530 GIOTA = 2,779,530,283 MIOTA

People always complain about the supply being too large, but if you think about it, owning just 1 GIOTA puts you in a club even more exclusive than owning one BTC (supply max 21,000,000). There are maximum only 2.8 million people in the world that will ever own a single GIOTA. Anyone who says IOTA cant make you rich is a liar, plain and simple.

(1 GIOTA = 1000 MIOTA = 1,000,000 KIOTA = 1,000,000,000 IOTA)

BTC (max circulating supply 21,000,000 BTC)
IOTA (max circulating supply 2,779,530 GIOTA = 2,779,530,283,277,761 IOTA total supply)

>> No.4382621

>>4382601
No you fucking retard. Each transaction processes two others. The more network activity, the faster the transactions.

>> No.4382629

>>4382618

^this

1 BTC = 0.1 GIOTA

>> No.4382631

>>4382601
>not knowing what DAG is

>> No.4382646

>>4382601

There are no miners. Only persons with transactions who verify two other transactions.

>> No.4382647

>>4382618
you can say that about any coin, but only bitcoin has the exclusive status symbol, the rest of coins are just tools

>> No.4382657

>>4382222
>taken into custody of IOTA foundation
... to protect your coins, because you reused receiving adresses (for every transaction you should generate a new adress) or you didn#t made the transition before

Have patience and do the reclaim process

>> No.4382659

>>4382422
In the wallet, find the Reclaim option. If that doesn't work, just keep attaching new addresses over and over in the Receive window.

>> No.4382686

>>4382659
Which wallet?

>> No.4382699

>>4382146
because of superior characteristics and partnerships e.g with Bosch
and perhaps:
https://support.okex.com/hc/en-us/articles/115002713311-OKEx-supports-IOTA-Deposit-and-Spot-Trading

>> No.4382709

>>4382647
That's fucking retarded. Iota wasn't built for person to person transactions, like BTC evidently was. It's meant for machine to machine transactions. Something bitcoin will not even be able to touch once the Internet of Things takes off.

>> No.4382732

>>4382686
go with the Iota Light Wallet.

https://github.com/iotaledger/wallet/releases

You bought Iota, correct?

>> No.4382735

>>4382686
https://github.com/iotaledger/wallet/releases

>> No.4382754

>>4382709
did you read my post?
bitcoin doesn't need to do anything besides sitting on its ass and making people money

>> No.4382771

>>4382629
No

supply amount:
21 Mio BTC and
2,7 Mio GIOTA

>> No.4382815

>>4382732
Yes ages ago. Put it on android wallet now not there. Which download for windows?

>> No.4382841

>>4382815
I'd recommend always the light wallet.
I had problems with very hot i5-CPU duriing "attaching tangle" >> I switched to CCurl implemantation in config and now its superfast and cool

>> No.4382849

>>4382815
version 2.5.4.

Every update, you need to reclaim your Iota. The tangle is a confusing place at the moment, but you'll never lose your coin. Just need to reclaim them.

>> No.4382862

>>4382815
The one with the .exe (second one down)

>> No.4382869

Bought this refugee cock sucking coin at 0.87, I hope it reaches 1 to dump my bags.

>> No.4382878

>>4382841
I'll need to try this because my transactions lately have taken way too long.

>> No.4382911

>>4382878
I am so happy about ccurl

you find it in > tools > "config node"

>> No.4382919

>>4382621
>>4382631
>>4382646

Super neat system. I'll have to do some more homework. In the meantime, iota ackbar

>> No.4382936

>>4382862
Fuck me no option for light wallet until you download and run it. These cunts intentionally trying to make everything as retarded as possible or what?

>> No.4382976

Next question reclaim tool asks for old and new seed? What new seed? I just have my seed. Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>> No.4383036

>>4382976
generate a new seed

Just be sure that:
1) Your seed is a random assortment of letters and 9's
2) Is 81 characters long
3) You save your seed!

Linux (confirmed)
cat /dev/urandom | LC_ALL=C tr -dc 'A-Z9' | fold -w 81 | head -n 1

Windows (PowerShell) not tried
-join ([char[]](65..90+57..57)*100 | Get-Random -Count 81)

Mac not tried
cat /dev/urandom |LC_ALL=C tr -dc 'A-Z9' | fold -w 81 | head -n 1

>> No.4383053
File: 1.27 MB, 300x225, 1505694630516.gif [View same] [iqdb] [saucenao] [google]
4383053

Hype cause of future news. Wont hurt to buy atm desu, balls deep in RVN "the real mission" but if you want to play safe IOTA, great stuff.

>> No.4383090

>>4382771
back when iota was trading on ydx we trading in gi's. if iota goes back to trading in gi's people will think the supply is "reasonable" and have a completely different perspective. pretty sure they plan on changing the trading amount in the near future. trading in miota is completely arbitrary. it makes sense if you consider why bitfinex picked them up and they became a top 10 out of nowhere.

>> No.4383191

Reclaim tool transaction pending. How longs it take?

>> No.4383258
File: 121 KB, 780x433, patience.jpg [View same] [iqdb] [saucenao] [google]
4383258

>>4383191

>> No.4383288

>>4383258
JUST

>> No.4383387

Transaction confirmed balance still 0. What the fuck is this shit

>> No.4383455

>>4383387
attach tangle!
In the past my maximum was 32 times :- (

In my opinion, if you did something wrong in the reclaiming process, your iota are NOT lost.
Keep your old seeds.
read some articles about reclaiming and ask FRIENDLY in the forum
https://forum.iota.org/

>> No.4383492

>>4383455
Fuck me why are the devs incapable of sorting this shit out properly

>> No.4383559

>>4383492
I wish you more life experience and to mature, because if you want to be happy in your life, calming down and relaxing is a good way to endure in the storms of workaday life :- )
and to live longer

have nice day

PS: may be a good idea to split your iota in two or more wallets (seeds)

>> No.4383753

>>4382146

I really like IOTA's idea but....


1. distribution is vague.

2. Only volume is on pump exchanges. If you aren't harvesting gains on sites like Binance and Bitfinex you are just asking to get raped.

3. Iota dex exchange is basically handing over your BTC to some guy in Scandinavia who, when you want to move it, you have to trust he is awake and willing to do so at that particular hour.

>> No.4383814

>>4383753
>1. distribution is vague.
https://medium.com/@IngoFiedler_96862/iota-distribution-update-after-snapshot-from-08th-august-2017-21e92cf15eea

>> No.4383857

>>4383753
>3. Iota dex exchange
you talk about YDX?
You can use bitfinex instead

>> No.4383862

News every few days, bittrex within a month, ucl wallet within a month, big announcements coming now the foundation has been formed. This will be top 3 in market cap in 2018 cap it

>> No.4383876

>>4383753
>2.
? I don't understand

>> No.4384237

>>4383036
Why does the address contain only 9s other than letters?

>> No.4384261
File: 17 KB, 204x300, PRWQEtDhA4xQwnFzHEFhJsySbMRF.jpg [View same] [iqdb] [saucenao] [google]
4384261

>>4383876
>2. Only volume is on pump exchanges.

The price rise is due to pumps on two major exchanges (see pic)

Given that the price has 2x'd in two weeks and we are seeing a 20% increase today investing in IOTA right now looks highly risky (If you are looking for near term increase in price) because:

A) Bitfinex is an exchange dominated largely by trade in other assets and

B) Binance is a low volume exchange and a lack of liquidiity inhibits large-scale investment

From this I conclude that, if you wait, you will be able to buy at a significantly lower price relative to bitcoin in the future.

Conclusion
---------------


Fundamentally IOTA is beta software running on a test-net! Think about that. :)

>> No.4384344

>>4383036
Don't use the powershell command. There is a flaw in powershell meaning there is low entropy for randomness. If you want really good seeds, use the linux or mac commands, or download keepass and use the Generate Password feature.

>> No.4384395

>>4382146
Should have bought more IOTA on the dip (only bought 98...), this is a gem honestly even with the marketcap it is at.

>> No.4384471

don't mind me just being used in the real world

https://twitter.com/jserv/status/930771971519873025

>> No.4384491
File: 216 KB, 638x675, iotataiwan.png [View same] [iqdb] [saucenao] [google]
4384491

>> No.4384562

So how much MIOTA do I need for GIOTA? Or how much of this garbage papermoney do I need to dump on it? if IOTA is at 1 dollar?

>> No.4384587

it's going to dump again soon. Be careful with your entry/exit

>> No.4384639
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4384639

>>4382146
tfw when bought at ATH and sold at 50 cents...

>> No.4384908

Imo they should hype it for personal transactions too. Key spend problem isn't a huge deal

>> No.4384976

>>4384587
why dump?

>> No.4385321

>>4382657
I've been patient enough. I haven't seen my balance in over 2 months by now. I ran the reclaim tool last week.

>> No.4385424
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4385424

>>4382699