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Author Topic: IOTA  (Read 1473776 times)
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oleksii777
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July 19, 2017, 09:02:49 AM
 #9921

I think soon the coin will be placed on other exchanges. The volume of course plays a big role for exchanges to add a coin to themselves. We must wait!
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Just came back to IOTA after seeing it ages ago and thinking it was an idea that wasn't going to take off, it does really have legs and it seems to be something very different to what we have at the moment. 

Bitfinex is not the most user friendly exchange but it should be all about the tech and ensuring that the foundation is laid before rushing just to get a price increase.
maddox7
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July 19, 2017, 09:05:46 AM
 #9922

whats the equivalent to bitcoin in IOTA if i want work with the same amout of iotas than bitcoins? is Giota  ?


2 100 000 000 000 000  satoshis
2 779 530 283 277 761  iotas


27 000 000 Giotas = 2 779 530 283 277 761  iotas ?

2 779 530 Gi = 2 779 530 283 277 761  iotas

so there is not any unit that allow a 1:1  equivalency to bitcoin right?
no unit assign this number   27 795 302

I would say 10 Gi ~ 1 BTC
FractalUniverse
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July 19, 2017, 09:36:33 AM
 #9923

you need to take amount of coins mined today, not final supply if you want to compare price. also there are lots of bitcouns lost or taken off the market indefinitely by long term investors. BTC is much more mature and widely distributed compared to iota. this can't be sped up, it will take years
RoftheN
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July 19, 2017, 09:43:26 AM
 #9924

Anyone got a good and easy article about this that I should read? It sounds very interesting but I just can't seem to get into it.
Come-from-Beyond (OP)
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July 19, 2017, 09:51:07 AM
 #9925

Does it have to do with bandwidth saturation in the future then? I don't see how that would increase PoW time though..

Just trying to figure out your hints.

PoW grows if bandwidth is utilized completely. Bandwidth grows nearly as fast as computational power.
Lennya1
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July 19, 2017, 09:56:34 AM
 #9926

Anyone got a good and easy article about this that I should read? It sounds very interesting but I just can't seem to get into it.

https://medium.com/@cryptojudgement/iota-promise-of-a-bright-crypto-future-6b7517349e32

I liked this one
achimsmile
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July 19, 2017, 09:57:29 AM
 #9927

Does it have to do with bandwidth saturation in the future then? I don't see how that would increase PoW time though..

Just trying to figure out your hints.

PoW grows if bandwidth is utilized completely. Bandwidth grows nearly as fast as computational power.

Ah, thank you. I think I got it now.
Once bandwidth is saturated, doing more PoW will make it more likely for your transaction to get referenced by others?
luicon
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July 19, 2017, 10:06:34 AM
 #9928

are offline transactions a working feature at this stage?

there is more info about how this works?
youyou_
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July 19, 2017, 11:10:31 AM
 #9929

Anyone got a good and easy article about this that I should read? It sounds very interesting but I just can't seem to get into it.

https://medium.com/@grnjrzefnj/the-story-of-iota-a30a209c60dc
Come-from-Beyond (OP)
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July 19, 2017, 01:39:35 PM
 #9930

Once bandwidth is saturated, doing more PoW will make it more likely for your transaction to get referenced by others?

Yes, because more PoW = higher priority in propagation thru the network.
luicon
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July 19, 2017, 02:29:00 PM
 #9931

why everything is called a token now a days?

is bitcoin considered a token too?
operabit
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July 19, 2017, 02:40:06 PM
 #9932

Anyone got a good and easy article about this that I should read? It sounds very interesting but I just can't seem to get into it.

https://medium.com/@cryptojudgement/iota-promise-of-a-bright-crypto-future-6b7517349e32

I liked this one

After you read it, just go bitfinex to buy some IOTA, this is fantastic!
luicon
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July 19, 2017, 04:23:57 PM
 #9933

Welcome John Edge to IOTA

https://blog.iota.org/welcome-john-edge-to-iota-d378fb8f0b2
ngin-x
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July 19, 2017, 05:12:43 PM
 #9934

why everything is called a token now a days?

is bitcoin considered a token too?

Tokens do not have independent blockchains. They are dapps built on top of existing blockchains. Coins have their own independent blockchains.
luicon
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July 19, 2017, 05:33:39 PM
 #9935

why everything is called a token now a days?

is bitcoin considered a token too?

Tokens do not have independent blockchains. They are dapps built on top of existing blockchains. Coins have their own independent blockchains.

so why they call token to IOTA? it has its own chain
habraken
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July 19, 2017, 05:42:01 PM
 #9936

This thread has now collected evidence and documented the experience of several IOTA purchasers whose manual claims have been ignored for almost one year now. We have seen that contrary to the statements by the IOTA team that it is the users' fault for leaving the claim till the last moment, most such users have been trying to claim multiple times since last year, never to receive a response. Others, whose claims may have formally been processed, still can't get hold of their IOTA because the software now doesn't let them access the same addresses. A few users I have talked to privately prefer not to post their case in public, so the number of submitted but ignored claims is actually higher.

Several of the claimants I have been in talks with are more than willing to consider taking legal action (and unlike me, do not care to remain anonymous). The IOTA team is no longer unaccountable. Unlike the common scams here, they do have a business presence in the real world and have even managed to attract traditional VC investors. So I would be curious to find out how would Jamie Burke and his partners from Outlier Ventures feel about having their investment in IOTA spent on fending off lawsuits, settling legal claims, and fixing bad PR, instead of on technical and business development? Will they like the fact that the names of Outlier Ventures and IOTA now appear together in the context of scam accusations and lawsuit threats? I plan to ask them. In fact, it may be a good idea for all of you with outstanding manual claims to also copy them, in one last claim request. Their contact info is conveniently posted at https://outlierventures.io/#contact and they proudly (for now) list IOTA as a startup they have invested in. And unlike David, who may just say he never got your request, those guys are used to being accountable and wouldn't take the risk of ignoring you.
revelacaogr
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July 19, 2017, 06:08:52 PM
 #9937

Welcome John Edge to IOTA


https://blog.iota.org/welcome-john-edge-to-iota-d378fb8f0b2
MsCollec
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July 19, 2017, 08:09:42 PM
 #9938

When is the next snapshot update  Huh
dreamer81
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July 19, 2017, 08:11:50 PM
 #9939

Anyone care to explain why market cap of IOTA is still so high? the project is obviosuly not THAT good, but for some reason market cap remains in the billion dollar range.
Come-from-Beyond (OP)
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July 19, 2017, 08:14:40 PM
 #9940

Anyone care to explain why market cap of IOTA is still so high? the project is obviosuly not THAT good, but for some reason market cap remains in the billion dollar range.

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