Post
Topic
Board Altcoin Discussion
Re: IOTA - the scam is being pumped hard now don't fall for the trap
by
Scott J
on 16/06/2017, 17:58:45 UTC
So funny seeing people call IOTA a scam because they missed out or feel threatened by it.

Here are some IOTA facts:

  • It was crowdsold on here in 2015 for 1337 BTC with no coins reserved for development/anything else
  • It has since been heavily traded OTC and on a semi-automated slack escrow service - the market cap built up gradually
  • It only needs the coordinator to prevent a 34% attack - when network is large enough it will be switched off
  • It has partnerships with multiple Billion-dollar companies
  • It has a good distribution of coins, better than many cryptos:
    https://altcoinspekulant.wordpress.com/2017/06/11/iota-an-update-on-token-distribution-and-exchange-launch

http://iotasupport.com/whatisiota.shtml