Quote from: samuraijin on May 28, 2017, 12:42:11 PM

I also become part of their slack, I think IOTA will be the next one who will master the coinmarketcap other than ETH and others

Quote from: cryptonikus on May 28, 2017, 12:56:10 PM

Quote from: Fragbait on May 28, 2017, 12:32:14 PM

Quote from: AmarO on May 28, 2017, 12:01:17 PM

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

Agreed on the bolded part. How does that apply to IOTA (the subject of this thread)?

I don't see anything wrong with that. This is crypto world, not wall street, people can do whatever they want with their coins.

Quote from: LocoMB on May 28, 2017, 12:48:40 PM

Quote from: AmarO on May 28, 2017, 12:01:17 PM

Under no circumstances should a coin be traded privately to inflate it before getting on exchange

then your rank is at least Obersturmbannführer, korrekt?

"In the near future, we can expect that a machine will be able to pay its assembly, its maintenance, its energy and also for its liability insurance by giving data, computing power, storage or physical services to other machines. For the first time in history a device will be in a position to earn and spend money on its own. At this point a machine turns into an entity that tracks revenue and expenditure from its own activities."

Sincerely,
Iota

"Today, we have unbanked machines with limited possibilities to participate in economic activities, as no traditional bank is willing to give a bank account to a machine. Now, devices can achieve self-sovereignty by owning their wallet to store digital currency. Income is generated by a machine through physical or data services without any middleman and can be used for purchases like insurance, energy or maintenance.
These scenarios are possible with IOTA. When tracking the identity of machines, know your customer (KYC) which is the main criteria for a bank to provide a bank account to a customer is also applied to machines: Know your machine (KYM) or Know your object (KYO) is the beginning of self-sovereignty for machines.
IOTA offers a unique set of distinctive features to machines that sets it apart from other blockchain technologies."

Sincerely,
Iota

This coin is not meant to be used by humans it's for machines as they've stated.

What do you plan on doing with the coins? Selling your coins to iRobot in 2030? 😂

IOTA used your money to make their centralized company successful but their coin will be useless. All these coin holders hoping some machine comes to buy their coin to use for payment just like Ripple investors hoping banks come buy their coin. Sad to say but even banks have a better chance of buying XRP than companies that utilize robots have of buying iota coin. Even if one in a million chances a company needs robot to robot payment, most likely they'll be given it for free and very very little will be used. This whole scheme is to fund their software company, sorry for whoever fell for it. Next time think a little harder about what you're buying. You aren't buying their company shares just a coin meant to be used for robot to robot payment which no one needs.