Post
Topic
Board Altcoin Discussion
Re: IOTA - the scam is being pumped hard now don't fall for the trap
by
carajillu
on 15/07/2017, 21:21:22 UTC
It's a self enriching scheme for those who got it all for next to nothing.

If you must have dag tokens get byteball or wait

What happened to that FootballCoin promoted by you?

 .... If it turns out to be a scam like iota then that's how it goes ...


I really really don't understand why you call IOTA a scam sry ... Give me 1 point at theyr TECHNOLOGIE which is a scam


Here is one point, from the coin developer "IoT devices I've seen worked at 20% of my home PC speed", https://bitcointalk.org/index.php?topic=1216479.msg17694242#msg17694242

See, an IoT device has far less power than "20% of home PC". You would maybe expect your coin developer to actually know something about IoT? When making a coin for it?

IOTA, is made by a developer who doesnt even know what the fuck an IoT-device is. He thought/thinks a Raspberry PI, a motherfucking beast of power in terms of IoT - is an iot-device.

Now why is that retarded? Because actual IoT devices can not do the iota PoW to send transactions. Even a raspberry pi takes 1-2 minutes of computing to send a transaction. Thats retarded.

So by all means, invest in iota, but you are not investing in IoT. Its just another altcoin.



By any chance...have you ever heard about Moore's law? Lightwallets also etc...