Post
Topic
Board Altcoin Discussion
Re: IOTA - the scam is being pumped hard now don't fall for the trap
by
Lauda
on 11/07/2017, 18:39:06 UTC
The only thing I can agree on is being done here. I was a bit worried when I saw the thread title, but reading through this salt mine only solidifies my future investment in IOTA.
Go ahead and lose more money idiot.

Nobody in here has anything to say about the technology. I asked you to refrain from ad hominem attacks, and that is exactly what you resorted to. You lack the capacity for intellectual discussion, so I will leave you to your own devises...
Stating nonsense like "Zero fees alone makes IOTA superior. " is intelligent discussion for you? Roll Eyes

Again deflecting the actual question he is indeed not intelligent enough to answer.
Enough has been provided within this very thread and others.

So please Lauda, what is the tech problem with IOTA?
PoW on IOT devices is a fundamental mistake. It absolutely makes no sense to do it this way, besides making a ton of money and ditching it for the next project.

Smart contracts are already announced, so no need for Eth anymore.
Why would someone use something new, unreviewed and untested and not something that has already been established? Roll Eyes

The ICO was announced here on Bitcointalk ages ago, and the dev team would not allow it listed on exchanges until they had decent working product.
In other words: It is not trustless.

It basically does everything BTC and Eth do for free without any worries of miners, scalability, and transaction fees.
I've heard the former about 1000 times now, and the latter a few dozen times.

How the fuck do you not want it to succeed? Because you weren't included, and you can't see big returns like those who risked earlier on who saw what the tech could become with adoption.
In other words: You are a bagholder who does not give a single damn about anything other than profiting. Roll Eyes

I can't even find a single third party (credible) review of this project.