Virtual Currency - Alt Coin Discussion Thread - Page 94 - Business, Finances and Investing Forum

IOTA seems to be a possible good idea backed by questionable people when put against the open source generally accepted principles:

http://www.trustnodes.com/2017/09/27...reum-developer

This plus the lack of tact and ability to refute criticism in a measured way towards the MIT team would raise enough red flags in traditional VC work to stay away. Having 10 years of experience with "open source protection" seems to go against the whole value proposition of crypto assets in general.

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12-06-2017 , 01:04 AM

#2329

omar coming

adept

Join Date: Jan 2008 Posts: 764

$2 billion market cap to $12 billion market cap in 2 weeks? Just because of a Microsoft partnership? The company that investors have been indifferent about for the last 15 years? I was considering buying some iota a couple months ago as a hedge in case Tangle ends up being the technology that wins out, but this is a little ridiculous. Is iota even being used for anything yet?

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12-06-2017 , 01:49 AM

#2330

BGnight

Carpal \'Tunnel

Join Date: Aug 2005 Posts: 10,164

Holy IOTA! I managed to get a very modest position @ $1.62 (still can't withdraw from binance). I've been looking to get a little more but not being able to withdraw to wallet and the price going ape**** made me sit on the sidelines. I too bought just as a hedge, but from what little I know and read I'm more a fan of other cryptos. IOTA feels nefarious.

This entire month feels like 1999 internet stocks. Just throw a dart and make money. Pure speculation and hype.

Looks like IOTA also broke binance. Haven't been able to log on for hours.

Last edited by BGnight; 12-06-2017 at 01:58 AM.

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12-06-2017 , 01:55 AM

#2331

Herbavorus_Rex

adept

Join Date: Nov 2014 Posts: 745

Would be nice to have a bitfinex account as it appears IOTA is trading 13 percent cheaper there.

edit - Ah, maybe it was because of broken binance

Last edited by Herbavorus_Rex; 12-06-2017 at 02:11 AM.

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12-06-2017 , 02:46 AM

#2332

Bluegrassplayer

Carpal \'Tunnel

Join Date: Sep 2007 Posts: 40,254

Kinda funny that NEO dropped when the news was "only" that it had a partnership with Microsoft.

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12-06-2017 , 02:56 AM

#2333

onemoretimes

Pooh-Bah

Join Date: Sep 2012 Posts: 3,535

I think we need to start an IOTA thread :-)

Kinda pissed. I went to get a piece but I can't even get any. ****inex no US and Binance doesn't work. Also, what happens when you get some? You just have to leave it stored on an exchange? I dunno **** about ****, but I like the sounds that it doesn't link to exchanges well because "it's different".

****inex is probably trading IOU's. Can you actually even withdraw the ****?

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12-06-2017 , 03:11 AM

#2334

BGnight

Carpal \'Tunnel

Join Date: Aug 2005 Posts: 10,164

Quote:

Originally Posted by onemoretimes

You can buy it on binance in the U.S. and I set up the IOTA light wallet and managed to get a few coins withdrawn from binance into it as a test (wallet seems to work fine so far). This was a short window when volume was down and withdraws on IOTA were back to being allowed. When I saw my withdraw had gone through the next morning withdrawals had been suspended once again so the rest of my IOTA is still on the exchange.

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12-06-2017 , 04:20 AM

#2335

nickjehz

veteran

Join Date: Jun 2007 Posts: 2,112

Quote:

Originally Posted by irockhoess

Nick Johnson's article was a shallow piece of criticism.
I agree the team lacks tact and communication skills, but if thats the worst and if you see what they have achieved and the partnerships they have, its mind boggling.

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12-06-2017 , 10:08 AM

#2336

Pokabandito

centurion

Join Date: Oct 2007 Posts: 173

Quote:

Originally Posted by Czar Chasm

BEAST MODE ACTIVATEDDDDDDD

vnh

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12-06-2017 , 01:59 PM

#2337

Herbavorus_Rex

adept

Join Date: Nov 2014 Posts: 745

GG iota, the pump n dump is over...

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12-06-2017 , 02:42 PM

#2338

recondite7

old hand

Join Date: Jul 2005 Posts: 1,971

Quote:

Originally Posted by Herbavorus_Rex

GG iota, the pump n dump is over...

You looking at the same market I am?

Quote

12-06-2017 , 02:45 PM

#2339

Herbavorus_Rex

adept

Join Date: Nov 2014 Posts: 745

Quote:

Originally Posted by recondite7

You looking at the same market I am?

Well maybe the price hasn't tanked, but the big moves are over.

Quote

12-06-2017 , 02:48 PM

#2340

Herbavorus_Rex

adept

Join Date: Nov 2014 Posts: 745

Which one of these coins is about to go up 70% ?, this is what i'm looking at:

BTS, BAT, ZRX, AST

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12-06-2017 , 03:18 PM

#2341

Nonfiction

Carpal \'Tunnel

Join Date: Aug 2006 Posts: 12,498

So today difficulty has MASSIVELY dropped on equihash coins, not sure if this is just related to the nicehash hack (or maintenance, or whatever is causing it to be offline) causing a large pool to drop out?

Look at these numbers I'm getting for my rig's specs on whattomine:

-50%(!) difficulty on BTG, big decrease in zencash and zclassic too. Sibcoin has to be directly related to nicehash as well since X11 can't be that popular a algorithm to mine outside of nicehash randomly switching to it.

Quote

12-07-2017 , 06:23 AM

#2342

nickjehz

veteran

Join Date: Jun 2007 Posts: 2,112

Quote:

Originally Posted by Herbavorus_Rex

Well maybe the price hasn't tanked, but the big moves are over.

Its up 175% on the week.

This is basic market trend, such parabolic growth is doomed for a steep correction.
Still UP 175%! on the week.

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12-07-2017 , 06:25 AM

#2343

<"))))><

old hand

Join Date: Jun 2009 Posts: 1,545

Quote

12-07-2017 , 10:07 AM

#2344

JackInDaCrak

Just Another Dopamine Pump

Join Date: Dec 2006 Posts: 9,231

There is very little discussion of XRP ITT these days. Anyone here have thoughts on why it's price is so flat compared to most other coins?

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12-07-2017 , 10:19 AM

#2345

Bluegrassplayer

Carpal \'Tunnel

Join Date: Sep 2007 Posts: 40,254

Because it's not a real cryptocurrency and individuals can purchase it really only to speculate.

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12-07-2017 , 10:38 AM

#2346

Pinkmann

old hand

Join Date: Nov 2014 Posts: 1,496

Quote:

Originally Posted by Bluegrassplayer

individuals can purchase it really only to speculate.

just like bitcoin

if ripple replaces SWIFT transfers then you will wish you had invested

Quote

12-07-2017 , 01:44 PM

#2347

ECTAE

journeyman

Join Date: Dec 2012 Posts: 366

Quote:

Originally Posted by JackInDaCrak

There is very little discussion of XRP ITT these days. Anyone here have thoughts on why it's price is so flat compared to most other coins?

Its got the most potential out of any crypto, if you believe banking and global systems will fail (much like most religious bitcoiners do) then this is not want you want to buy into. If however you are a sane individual and believe in the technology and that banks will eventually adopt it for cheaper transactions than XRP is for you.

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12-07-2017 , 04:52 PM

#2348

riddle777

adept

Join Date: Sep 2010 Posts: 708

Just picked up $100 of IOTA and XRP for the gamble.

Sent from my iPhone using Tapatalk

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12-07-2017 , 04:52 PM

#2349

commas,are,funny

banned

Join Date: Aug 2017 Posts: 227

Quote:

Originally Posted by ECTAE

Ripple's garbage.

Quote

12-07-2017 , 05:08 PM

#2350

Boston Matrix

veteran

Join Date: Mar 2012 Posts: 2,325

Quote:

Originally Posted by commas,are,funny

Ripple's garbage.

Why is it garbage? I read a marginal revolution article the other day saying it was prob the second most viable long term after ETH due to potential adoption by banks.

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