Re: IOTA - the scam is being pumped hard now don't fall for the trap

Quote from: Scott J on June 16, 2017, 05:58:45 PM

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

that list is laughable

1. who needs development coins when you sell them all to yourselves and insiders for practically nothing or 2000x less than you collude to sell to others for. I mean really you give yourself your own btc so you get for free really.
2. no it went to x30 days after ico ended
3. has no bearing on it being a scam
4. heard this old chestnut before from so many projects and then nothing solid comes of it.
5. hysterical suggestion and of course totally impossible to prove that even though having a tiny ico would obviously mean it has a wide distribution only in the reality of an iota insider.

please try harder.

The motivation of posters can have no bearing on the observable events that anyone can research.