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Author Topic: IOTA in trouble  (Read 10110 times)

Offline harry_kush

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IOTA in trouble
« on: February 04, 2018, 07:52:27 AM »
There were quite a few security loopholes in iota code. one article at telegraph (or similar) site mentioned that iota shouldnt have any value at all.
What are your views on the same

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IOTA in trouble
« on: February 04, 2018, 07:52:27 AM »

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Offline hermada

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Re: IOTA in trouble
« Reply #1 on: February 14, 2018, 08:57:45 AM »
IOTA is still a baby, check the IOTA devs, if you believe in them, invest, I'm still not convinced.

Offline sennyrulz

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Re: IOTA in trouble
« Reply #2 on: February 18, 2018, 07:01:32 AM »
am still observing this coin. it sure is loosing ita value but then again let's wait and see

Offline Analyst

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Re: IOTA in trouble
« Reply #3 on: February 18, 2018, 12:19:08 PM »
It seems to gained some popularity in the public though. For example, Taipei city is testing it. https://www.coindesk.com/city-of-taipei-confirms-its-testing-iota-blockchain-for-id/

Offline gammon714

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Re: IOTA in trouble
« Reply #4 on: February 20, 2018, 04:41:47 AM »
Even though iota has been lagging behind all the new tech tokens, it is easy and cheap to use.  I think when crypto catches on to the general population, iota will have its place.    I still meet people who do not know what crypto or bitcoin is...there is much room for growth and I look forward to 10 years from now.

Offline altcoingamer

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Re: IOTA in trouble
« Reply #5 on: February 27, 2018, 09:00:45 PM »
I dunno that losing its value is really fair.. I'd just say it was overvaluated to begin with.. its December runup was incredible but like all things that have parabolic runups the ABC correction tends to be the most severe.  I think the charts were a bigger indicator that this price needed correcting over the news.. I think IOTA's concept is fantastic, but theres just no way I'm willing to long term invest in something with so many security loopholes.. but theres tons of time since its still new.

Offline mu6m0r0k

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Re: IOTA in trouble
« Reply #6 on: March 03, 2018, 10:11:20 PM »
I'm wary of IOTA. The idea is good and maybe in the future I would invest in IOTA, but at the moment for me this is just a coin with interesting potential which can go belly up at any moment or if there are no big problems the price most likely will remain stable so I don's see big potential for growth in the next six to twelve months.
Big problem for the blockchain is the tangle technology itself. You can imagine it like river stream and all nodes conect with some node downstream and at the final there is this trusted super node (the head quarters of IOTA with their servers). Which makes the blockchain centralized and I don't expect growth in the coin before the devs find solution to this problem.

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Re: IOTA in trouble
« Reply #6 on: March 03, 2018, 10:11:20 PM »


Offline AndrsE

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Re: IOTA in trouble
« Reply #7 on: March 23, 2018, 03:37:03 PM »
IOTA in general has great idea Internet of Things - meaning that all devices are connected to Internet and common statistics can be gathered and used for good purpose.
In practise all is not that simple - first of all not all gadgets are connected to Internet - second all which are connected have seperate vendors managing connection. So how IOTA gonna change current picture - it has only concept without no practical application. i have heard that Bosch has invested in IOTA but still it is not enough.
IOTA need to break through huge barrier to be a worthy crypto. Currently I would not invest in that project.

Offline troiano9

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Re: IOTA in trouble
« Reply #8 on: March 24, 2018, 09:11:48 PM »
Most of Crypto shouldnt have any value at all but does, why should IOTA be any different?

Offline bobby

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Re: IOTA in trouble
« Reply #9 on: March 27, 2018, 12:10:46 AM »
I agree with what most of you said. Coin with amazing potential and technology that could be leading us into the new age of how crypto is done. Difficult to say if they will live up to the expectations though. I think that if they don't find a way of closíng some of these loopholes soon, investors might loose trust. Wait and see is what I am going for.  ;D

Offline jekjekey

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Re: IOTA in trouble
« Reply #10 on: March 31, 2018, 08:45:47 AM »
IOTA is gaining popularity so its gonna happen.

Offline Deryloe

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Re: IOTA in trouble
« Reply #11 on: March 31, 2018, 08:45:41 PM »
This crises will cease within a couple of time, relax

Offline Lukasz

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Re: IOTA in trouble
« Reply #12 on: April 03, 2018, 12:17:51 AM »
IMHO Iota being one of the first has such a big name (who haven't heard of iota <in this world anyway>)
It also means there is a whole company working on the product gathering so much needed practical skills when it concerns this still very new industry with their apparently brilliant solution to some of the many problems concerning blockchain no one should doubt that iota will be a big player in the future
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Offline Nanagyasi

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Re: IOTA in trouble
« Reply #13 on: May 10, 2018, 08:32:15 AM »
I strongly believe that even if all counselling will die, miota will not because it has a use in a real time life. Their partnership with the automobile companies confirms the fact that this coin has a future

Offline Eben

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Re: IOTA in trouble
« Reply #14 on: May 11, 2018, 06:37:32 PM »
Although IOTA is not performing as expected and is lagging behind most coins,  i think the idea was good and it is of late gaining some popularity and I believe it's value will be good enough to attract more investors. They have a partnership with automobile companies which is commendable.

 

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