IOTA compared to bitcoin. Do you agree on this?

5000 trillion coins

mutable ledger

no work to secure transactions

developer owns 99% of IOTA

no code public

just a broken wallet and a "blockchain" where the developer can reset balances and revert transactions

meetup.com/nl-NL/BlockchainNoord/events/245421201/?_cookie-check=LvLIyegjGqOgaaAn

proof of iota talking at tu delft

I would not trust it if the technology would not be such a game-changer.

Inform yourself before you judge.

youtube.com/watch?v=I_jNH9BlEEo

To be fair, Bitcoin is also centralized, whether you like it or not.
As miners are the ones doing the validations in the network, he who controls the miners, controls the bitcoins. And currently China is a BTC mining superpower bar none, so they have the entire network under their supervision.
Think about this, next time someone spouts "CRYPTO NEEDS TO BE DECENTRALISED!" at your shitcoins.

>I would not trust it if the technology would not be such a game-changer.
I don't trust their technology.

IOTA's coin supply is just slightly higher than Bitcoin's (IOTA compared to Satoshis).

IOTA is still in its early phase so a better wallet and the removal of the coordinator are ahead of us.

IOTA also won't have all these problems with greedy miners.

Why

So just read more about the tangle. Why do you think that such a lot of big corporations partner with them. Don´t you think those firms check their investments?

Like the other guy, I don't trust their technology either. I also don't see why companies would use IOTA on the tangle to settle fees between machines when the value of IOTA fluctuates wildly. Why can't they just use the tangle with a coin/token pegged to a specific value?

There HAS TO BE A PREMINED SUPPLY you brainlet since mining isn't a thing in IOTA..

CENTRALISED
SQL
DATABASE

PAJEETS GTFO THIS BOARD, IOTA IS NOT A CRYPTOCURRENCY

The fluctuation will decrease with a higher number of transactions and a bigger market capitalization.

Why are brainlets so unable to understand that coin supply doesn't make a damn difference in a coin? If there's twice as many coins they'll be half the price you fucking inbred

You are right.
It is not a cryptocurrency as we knew it. It is the next level.

Comparing traditional cryptocurrencies to IOTA is like comparing your Nokia 3310 to the newest IPhone.

Is IOTA opensource?

>The fluctuation will decrease with a higher number of transactions and a bigger market capitalization.

BTC is king crypto and even it fluctuates wildly, and how in the hell does more transactions = less volatility?

MySQL vs Bitcoin

5000 trillion coins valued at 50 cents a coin
>has no effect

okay retard.

It actually does, because brainlets just look at the dollar price.
Which leads to dumb money pumps that don't end well

Post proof of even one big corporation announcing a partnership with them

Its all lies

IOTA is designed for operating myriads of machine to machine microtransactions. Those transactions will not have the speculative character the crypto-market has now.

Even if a bigger investor would try a pump and dump on it, it would have nearly no effect if IOTA is fully established in the internet of things.

Fuck... IOTA gets even QUICKER by increasing number of transactions.

No fucking shit there's no mining, why do you think I posted that? If I can't mine it, it isn't crypto.

Raiblocks is answer for everything

no because iota doesn't even work so it should be red in all fields.

Do you really think IOTA would dare to announce a cooperation with those corporations, if it would not be true? Really?

They would be sued to oblivion if they would try such a move.

cointelegraph.com/news/iota-partners-with-microsoft-fujitsu-others-for-iot-data-monetization

>cheaper to buy at the moment
that argument is stupid

Oh you mean that piece of shit that forces you to scan your face every time you want to unlock it? Good comparison though since is Iota is a statist rapefuge coin funded by soros and globalists

No thanks i'll take the nokia

>Fuck... IOTA gets even QUICKER by increasing number of transactions.

There's nothing forcing spammers to include other transactions.
So the network gets 'quicker' - the problem is that normal transactions are just ignored.

Nah...my argument just points out that you still can easily jump on the IOTA train. Even with a small investment.

Thats a quote from iota themselves. Show me ONE quote from microsoft or any big company announcing any kind of partnership

Why does nobody else at all in the entire crypto community care about iota if tangle truly is revolutionary tech? I follow hundreds of intelligent people in the crypto community, and not a single one follows either lead iota dev or the iota twitter.

FedEx

You should invest in tinfoil to protect yourself from HAARP and chemtrails.

Also: Don´t you know that Bitcoin is mostly owned by a small elite of about 1000 people?

And: If the globalist elite is pushing IOTA, wouldn´t that mean, that IOTA is guaranteed to make you rich if you buy now?

You dont think bitcoin could go 100x in 3 years?

i have $900 in IOTA right now

if it becomes the next level bitcoin, im rich
if not, I still have some btc, eth and ltc as my backup

No need to disbelieve their statement.

As I already told you, they would be sued to oblivion by Microsoft, Fujitsu, Bosch and so on, if they announce a cooperation and it is just a scam.

Proof of the fact that it is quantum proof? Evidence for it at all other than the CEO's statement who also controls the entire system right now 'until it works'.

Yup im a tinfoiler because i dont want pain in the ass phones and rapefugee cities

Globalism is on the way out so investing in it would be stupid, but honestly i wouldnt invest in it either way since theyre all jew faggots

Post some proof of this fake coins HUGE partnerships, ill wait

I think bitcoin can go up for some time. But one day it´s exceeding power consumption will be a serious problem.
Also the transaction fees and delays make it very unconvenient as a currency. So one day the times of Bitcoin will be over (don´t know if in 2 or 5 years).
But this will not be the end of cryptocurrencies. I think one day people will pay their everyday transactions in a cryptocurrency.
I just don´t think it will be a blockchain based cryptocurrency.
IOTA seems to be the next step, so I bought and will hold.

It uses winternitz one time signatures which would be proof enough if you had any clue about cryptography which you obviously don't since you either can't be arsed to read the whitepaper or you don't understand what's written in it.

No need to prove anything to you. They will be sued if they lie on this point.

Also keep /pol/ in /pol/.

They use hash signatures that are actually quantum proof. It's because of them you can't safely spend more than two times from your address. Yes it should be two times, if they didn't fuck up their code to randomly include a private key in a first transaction. lol.

Bugs notwithstanding, IOTA is shit but that shit is mostly elsewhere. Their hash signatures are a pointless gimmick now.

No. In order to submkit a new transaction, spam or not, you have to confirm two others.

This coin is more pol than biz since they are just using the money we invest for gay political shit like "smart refugee cities"

Should i post the twitter screenshots from the Creater of Iota?

Byteball is like a IOTA that not sucks
byteroll.com/comparison-iota

Don´t care if they support refugee cities or whatever.
I see a great technology coming up and a great possibility to earn some money if you get in early.

>No. In order to submkit a new transaction, spam or not, you have to confirm two others.

You can confirm two of your own transactions.
If everyone had to confirm two external transactions to send his own the network would inevitably grind to a total halt due to lack of transactions.

Example: there are two transactions in a network. You send a transaction, confirming these two. Now what do you confirm to send another one? Either two of the three past transactions again or you can't send anything.

Bump, sell this shit before they dump it all.

My guess is they'll market it to more normies and make a bunch of money off it before one final dump

It's a scam. Even the creator backtracked and admitted there was no microsoft partnership so there wouldnt be a lawsuit

I see the corporate partnerships more as an advantage for IOTA as an investment, notas a disadvantage.

I´m trading crypto for the profit, not for a belief in a lolbertarian utopia.

HERE IS HOW TO BUY IOTA ON BINANCE:

1) Create a binance account. Use referral code 11682017 if you feel like being nice since you're using my guide - or don't, up to you.

2) Send them some crypto. I recommend using something other than Bitcoin since btc is congested right now. HERE IS A TRICK I USED: I had Bitcoin since before the forks, so I split out my BTG and sold it all. BTG (and BCH, for that matter) have much faster moving networks right now. Use Coinami to split BTG - it's the only reliable and safe way I know of. BCH can be split using Electron Cash if you don't want to use Coinami for that. If you want more details about any of this, ask me - all I ask in return is that you use 11682017 as your code when you sign up to Binance.

3) Inside Binance, turn whatever crypto you sent into btc or eth if you didn't send btc or eth directly. There are only two trading pairs with IOTA right now for Binance, and it's BTC-IOTA and ETH-IOTA.

4) Buy IOTA. Voila! You're done. Don't be worried that withdrawals of IOTA are turned off right now. If for some reason you want to liquidate your position, just trade the IOTA back to BTC or ETH and you can withdraw that (or take it one step further and turn that BTC/ETH into something that's moving faster right now, if you like). N.B. I believe ETH network is pretty slow right now due to cryptokitties but they may have gotten that under control? Not sure on this, don't currently own any ETH.

Your mileage may vary on transaction times on BTC right now - I've heard conflicting reports. Personally I'm able to get pretty decent speed confirmations lately (within an hour).

POST PROOF OF EVEN 1 CORPORATE SPONSERSHIP

Fuck your referral code you STUPID cunt.

>not for a belief in a lolbertarian utopia.
but thats exactly what it will be, thats why you are buying crypto because you understand the inevitable progression, not so much the lolbertarian but def. the utopia

iota is a fucking technologicial desert with sandy aids....but if your speculating then its fine

"To pay for goods/service of value 52 000 bytes, the fee would be 1%".

Transaction fees suck.

>100x
It will be worth so much that it will be useless as a currency in real life situations. I know Satoshis exist but at 100x they'll be worth too much too eventually.

“We are excited to partner with the IOTA Foundation and proud to be associated with its new data marketplace initiative,” said Microsoft blockchain specialist Omkar Naik.

Independent source:

thenextweb.com/hardfork/2017/11/28/iota-microsoft-data-marketplace-cryptocurrency/

That Omkar Naik guy is a random sales guy at Azure.
linkedin.com/in/omkareshwar

They paid a pajeet to shill and that's all this is

WHAT THE FUCK DID YOU JUST SAY YOU LITTLE BITCH

soprasteria.com/en/media/press-release/blockchain-and-the-iot-sopra-steria-partners-with-iota

youtube.com/watch?v=chZsiDvU7Ak

Can other shitcoins do this ?

This:
Again, please provide real proof directly from microsoft or samsung or any of the other companies they supposedly have partnerships with

Looks like you are the one who is shilling.

There's such an enourmous circulating supply of this coin... How high can it go?

Please, no bagholder sentiments. I own a measily 30 IOTA and I'm wondering what to do with them.

I already gave you the link to an independent source confirming a partnership.

Stay in denial if you want.

>"microsoft blockchain specialist"
>"solution sales"

Which one is it?

It's a linkedin profile. Anyone can write anything on that shit

Dude doesn't work at microsoft. Check microsofts website

This

...

ThisThis

As if Microsoft has any single employee punlicly listed on their website.

Troll better.

Yeah, like the IOTA DEVS never lied???
>Coordinator will be removed in July 2017
>Coordinator will be open source as soon as IOTA foundation is registered
>etc, etc...

unprofessional and small development team:
IOTA: check

just another shitcoin with no large support/infrastructure:
IOTA:check

>Looks like you are the one who is shilling.

What? Yes he works at Microsoft, just like ~127000 other people.
That doesn't change the fact that he was most likely paid to do this. How much do you think a 'solution sales' position makes? Clearly several times less than what can be made on a pump.

azure.microsoft.com/en-us/blog/azure-blockchain-update-5/

microsoft meetup 12th december and 14

>If everyone had to confirm two external transactions to send his own the network would inevitably grind to a total halt due to lack of transactions.
Didn't that already happened like a month ago? When everything went to a halt for a week or so due to a "bug"?

>coordinator is to be removed when the system is fully operational

Oh yeah? and who decides when its fully operational?

And when will it be "fully operational" ? in 250 fucking years?

Dr. Rolf Werner from Fujitsu confirmed the cooperation in a tweet.

steemit.com/iota/@stephanj79/iota-und-fujitsu-zusammenarbeit-perfekt

noice

Soon. Better get in before it reaches that point. After that it will go skyrocket.

>The bitcoin network's encryption could be cracked by a quantum computer because these computers have the calculating ability to crack the ecryption.
Oh I see. A is true because quantum computers can A.

>Another very important aspect is that IOTA does not use the blockchain. Blockchain transactions will be verified and saved in a "database" called the blockchain.
They literally say so themselves

All their tech people have a microsoft community profile

And guess what? Hes a fucking fake, not one search result in post or users for this guy.

Not one mention of him anywhere

one is a local database, the other is a distributed database

WHAT NOW FAGGOT

azure.microsoft.com/en-us/blog/azure-blockchain-update-5/

The guy works at Microsoft Blockchain/Azure. Open the link and don't be such a butthole godamn

ITT: Lot of blockchain-fags in fear of losing money to a new technology.

Keep shilling for the miner-lobby.

Nowhere in that article is there any mention of omkar naik or an iota partnership with microsoft

Ded

Even Reuters confirms the cooperation between IOTA and its partners.

reuters.com/article/us-blockchain-iota-cisco/blockchain-network-iota-teams-up-with-microsoft-others-on-data-marketplace-idUSKBN1DS2EE

truth. but iota #rekt.