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7488988 No.7488988 [Reply] [Original]

I know most of this board absolutely hates it, and I'd like to have a proper discussion on the technical aspects of why that's the case.

Don't even bother posting if all you've got is old, reheated and already debunked FUD, or >huuuur refujee smurt cidiez duuur

I hope some of you can convince me with valid points on why I shouldn't at least invest 20% of my portfolio on this

>> No.7489043

https://youtu.be/w8_1JFE_9dI?t=1h24m39s

>> No.7489102

>>7488988
PRL will drive up the usability and worth of IOTA
IOTA will get more adoption
PRL will be worth more

PRL and IOTA will rise and fall together in the near future.
I hope you got both of them while they are cheap.

>> No.7489125

>>7489043
don't even have to watch to know what this is. op refute or gtfo

>> No.7489127

>>7488988
this is the dumbest thing that I have ever read on this board...perhaps even 4chan all-together. My only hope is that it is spill-over from reddit (I woulen't know; never been) and that your stupidity is not contagious.

>> No.7489157

>>7489043

nice try but Richard Heart comes across as a smug narcissistic asshole in this, also the points he makes don't really seem valid, he just seems to shit on iota because he dislikes it, I don't get any objective points out of this on why the iota tech is inherently bad/flawed

>> No.7489162

>>7488988
IOTA is the google of the crypto bubble. All in on tech, no "muh first mover", no "muh never been killed".

IOTA actually work with IOT, they don't just talk about it like every millennial on a job interview post 2017.

>> No.7489188

>>7489127

lol ok bye then Einstein

>> No.7489222

>>7489162

that is also my impression, which is why I don't get why people on here love shitting on it so passionately

>> No.7489237

>>7489157
I dont know shit (just like you)
>>7489125
I should make a transcript of what he says and pass it off as my own thoughts? Ya I know thats like the standard in todays age of sophists but Il take a hard pass and ask you to refute him. OP wanted points there are points in video format that can be paused and rewatched. Balls in you guys court now. Im not here to win Im here to learn and the easiest way for me to do that is to not pretend to know what the fuck I am talking about. If you know what you are talking about put up or shut up.

>> No.7489270

>>7489222
People love to parrot what they think is "smart". If you have any idea what the industry is doing right now, you'd scramble to put at least a bit of your portfolio into IOTA. I'm in it since last summer and was surprised to see the venture arm of the company that I work at actively seek out IOTA on further cooperations. That just made me feel more comfy. 80% in this right now.

>> No.7489351
File: 118 KB, 1065x529, the truth about IOTA.jpg [View same] [iqdb] [saucenao] [google]
7489351

>>7488988
This shitcoin is about to die and the whole crypto market will be better off without it.

>> No.7489398

>>7489237

what I'm saying is that his points are just not convincing and look like poor hateful FUD. When goes on about how weird it is that the seed consists of letters and 9's (who gaf) that the wallet is not a real wallet (true, it only gives access to the tangle, no one ever claimed the contrary, but I don't see where the problem is there) and that someone could steal your funds if they looked over your shoulder and saw you typing in your seed (LOL, wouldn't that be the case with any crypto..?)

He comes across as smug and ignorant, and in objectively seen when I compare his Ivan interview with Sonstebo's Ivan interview, there's worlds of difference between the two in how the come across.

You're right though, I don't know shit but those are my impressions, this Richard Heart guy is just not convincing

>> No.7489470

All I know is that their tech occasionally steals coins because they aren't actually a blockchain and one of their head faggots is a leftist who can't stop spilling his spaghetti. Everyone hates when things get tangled up.

>> No.7489486

>>7489351
haha those points against IOTA
hitlerious, I love it when a coin gets fudded so hard.

the last years of /biz/ showed that such coins always give some nice profit in the long term.

>> No.7489506
File: 106 KB, 750x557, 39c4b747ced560a4cea72b53ab0acbac.jpg [View same] [iqdb] [saucenao] [google]
7489506

>>7488988
>>7489188
>>7489222

also, looks like I'm backed by meme wizardry today kek

>> No.7489510

This was babby's first crypto for many idiots and they bought ATH and got absolutely JUST'd, add that to the fact that IOTA threatens many cryptos out there because it's going to do simply more and better than them and that's how you can explain the baseless fud.
/pol/ too.

>> No.7489525

>>7489398
I dont know who that guy even is. I recognize the tophat meme photo of him. He gets very dark in the second half of the interview. I think he is on drugs and maybe was on the withdraw by the end. I dont think he the type of person I would want to spend time around, but sees to me once you attain a certain amount of wealth you become a little hardened dealing in the real world which is a complete mafia. I am looking at his experience not the person. He seemed pretty logical in describing the token scam bubble. Ive held IOTA along with XLM and ADA and it performed the worst. There was some sort of false Microsoft announcement and it never seemed to get legs again. I dont know anything just sharing the info OP was looking for. I think all crypto is pretty scammy to be honest. I just want to make some profits. I think its stupid that ADA was at one time valued more than SpaceX. We are in a bubble. I dont think any of this tech is even necessary

>> No.7489614

>>7489486
>IOTA fanboys being this deluded

>> No.7489630

>>7489102
Your hopes cant change reallity buddy-

>> No.7489679
File: 121 KB, 830x738, 1518110475234.jpg [View same] [iqdb] [saucenao] [google]
7489679

IoTTTTAAAAAAA CCCCCCCCOOOOOONNNNNNNNNNNEEEEEEECCCCTTTTTT

>> No.7489692

>>7489614
>>7489630
more fud
more confidence that this will make everyone good money

>> No.7489769

This is going interstellar soon. Trinity wallet around the corner, Bosch making their biggest investment in building a chip factory(Q implications possibly), Taipei officially testing IOTA for citizen ID, experts joining the foundation all the time, IXI comming soon, unveiling of IOTA Ecosystem, Data market place going live, Mark Sulavka ex-ceo of National Stock Exchange joining who will play an important role in listing IOTA on major exchanges,.. what more do you need to see what will all that do to IOTA's price? Not to mention the Tangle getting faster and working properly at the time

>> No.7489782

>>7488988

Keked

>> No.7489808

>>7488988
>>7489188
>>7489222

Kek speaks to us

>> No.7489813

>>7489769
Tell me what do other projects being shilled here have going for them? Do they even stand a chance?

>> No.7489915
File: 214 KB, 1024x1113, 1427820103132.png [View same] [iqdb] [saucenao] [google]
7489915

>>7489808

>> No.7490339
File: 597 KB, 1024x576, moooooon.png [View same] [iqdb] [saucenao] [google]
7490339

well considering that no one could bring up anything substantially bad about IOTA except for a few poor FUD attempts I've now invested 1/3 of my portfolio, thanks anons!

>> No.7490367

>>7490339
smart move

>> No.7490383

>>7490339
NO! bad gentile! We don't want you to make money!

>> No.7490384

>>7490339
IOTA is a "IoT" token that cannot facilitate Smart Contracts.
IoT is based on Smart Contracts.
Any other use case of DAG technology can be copied and replicated by large firms. Nobody needs IOTA for that.
Its going to die.

>> No.7490431

>>7490384
Seems like you have no grasp on IOTA project. They are working and will eventually develop smart contracts albeit a bit differently than on ethereum. So go study a bit or just stop fudding

>> No.7490813

>>7490431
IOTA only can do very very few types of smart contracts, because they can only determine timestamps and transaction histories within certain confidence intervalls.

Therefore I repeat: They cannot do IoT.

>> No.7491193

>>7490813
how can't they do iot? They are fucking built for it for fucks sake.

>> No.7491612

>>7490813

aaah at least someone trying to bring up some critical technical aspects

I'm too ignorant to know whether it's a valid point or not, but let's keep this thread going, it just starts getting interesting

>> No.7491677

>>7491612
well if you do some research you'll find out the truth and won't need to rely on fudsters on biz

>> No.7491830

IOTA is a scam by same liar and maker of Nxt

Does not work on IoT
Security vulnerabilities
Broken cryptography but claimed quantum safe

Network goes down by little spam

Devs have frozen peoples addresses by the use of Coordinator single point of failure

Transactions stuck for days
Any failure found in IOTA is never acknowledged
Instead just bigger promises are made

I hope you buy it and get cancer for supporting such a "project"

>> No.7491877

I mean there is a reason why IOTA gets shit on by everyone.

https://twitter.com/homakov/status/940138478989225985

That's Egor Homakov, fairly famous security researcher

>> No.7491897

>>7491193
IOT devices are made by industry to not spend energy
Iota requires expending energy, the PoW function is designed for that purpose

IoT and PoW is an oxymoronic concept

Iota kills any iot devices batteries. Even hard to make it work on phones.

"Let another node do the PoW" even Ethereum works like this on IoT devices today. Lol.

>> No.7491930

im gonna buy some when it falls sub 1$ where it belongs

>> No.7491992
File: 67 KB, 960x540, 1516559576178.jpg [View same] [iqdb] [saucenao] [google]
7491992

>adored by neckberryPi owners across the world
>been at it since 2015, network still doesn't work for shit
>no proof they can get smartcontracts to work
>wallets dont work for shit, no consensus across nodes
>no incentive to keep the network stable and fast
>nu male soyota developers constantly throw tamper tandrums on reddit when people point out the above.
>muh smart city for refugees
iOTA truly is the kissless virgin of crypto.

>> No.7492541

>>7491677

just did thanks, mostly bad faith / baseless fud on here from what I've learned, got much more research to do though, really exciting tech to say the least

upped my portfolio to 40% iota, never felt more comfy

>> No.7492804

>>7492541
If you check fud against exuberance, and exuberance against fud(instead of taking on faith what others say), you will have done your own research. Personally speaking, looking at the real world infrastructure being set in place with Iota makes it easy to see which way the wind is blowing. I'm 75 percent in and unworried. Waiting for the Bosch Connected World conference at the end of the month. Iota will be on the main stage.

>> No.7493120

>>7492804

totally agree, I'm just not very tech savvy, very interested though but my understanding just goes until a certain point from which I have to 'trust' people that express opinions & have a better understanding about the core technical aspects

Guess VW, Fujitsu and Bosch wouldn't fuck around with it just for shits and giggles. Also kept thinking Bosch were mainly producing washing machines lol, but they're among the world leading firms for IOT and sensors in general

Keeps looking better the more I learn about it

>> No.7493172

also the fact that iota supporters seem to be among the only ones that seem to know how to express themselves correctly on this board speaks louder than words

>comfy AF

>> No.7493255

>>7492804
Based on my research and understanding about the relationship between iota and Bosch I think you will be disappointed. I would love to be wrong and have to fomo in.

>> No.7493362

>>7493255
guess we'll have to wait after Bosch's Connected World conference for more details hopefully

http://bcw.bosch-si.com/berlin/conferenceday2/

>> No.7493452

>>7493120
That is a smart attitude to have. Add the city of Taipei to your list of research, as well as the Trans-European smart highway.

>> No.7493480

>>7493255
I understand where you are coming from. I am confident, but we will see by the end of the month.