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Iota Supporters: Tweeting A News Link Is Spreading Fud

Iota Supporters: Tweeting A News Link Is Spreading Fud

IOTA Supporters: Tweeting a News Link Is Spreading FUD IOTA, a distributed ledger technology and cryptocurrency for the Internet of Things, is rarely out of the news, with the list of crimes to earn the opprobriumof its fans growing by the day. Journalists who fail to pen fawning hagiographies of David Snsteb and his team are singled out for persecution by IOTA acolytes. But its not just reporters who are blacklisted: anyone who tweets a link to an IOTA story or who even likes a tweet is also deemed an enemy combatant. Also read: London-Based LBX Exchange Adds Bitcoin Cash to Its Offerings As someone famous once said, The essence of propaganda consists in winning people over to an idea so sincerely, so vitally, that in the end they succumb to it utterly and can never escape from it. Its an ethos that a subset of the IOTA community have taken to heart. Last week, the Financial Times Jemima Kelly wrote about IOTAs obsession with controlling the narrative. While no organization welcomes unfavorable press coverage, IOTA has gone to extreme lengths to penalize anyone who doesnt toe the party line. In her piece, Kelly explained: IOTA talks a lot about FUD (fear, uncertainty and doubt), a term adopted by the crypto community to refer to critical commentary. The acronym might also reasonably be applied to its own approach to dealing with critics. She added: IOTAs troll army which is how its team of online disciples is often referred to as have scared off some people enough for them not to want to speak out. Two people we asked to speak to for this story told us they didnt want to because they were worried about the consequences of doing so. One was worried about being threatened with physical harm. Tim Swanson, founder of tech consultancy Post Oak Labs and a leading authority Continue reading >>

Do You Think Iota Has The Potential To Dethrone Bitcoin? And Why?

Do You Think Iota Has The Potential To Dethrone Bitcoin? And Why?

Do you think IOTA has the potential to dethrone Bitcoin? And why? Dethrone.. who knows. But if you look at the exponential growth in technology, automation, robotics.. our world will look vastly different over the next few decades. The infrastructure that's been laid over the last 20 years is astounding. IOTAs plan is to situate itself right in the middle of what's coming next. If not IOTA, some other technology will. The possibility of IOTA dethroning bitcoin is very high. There are a few explanations of why that is possible. First, Iota uses a newly developed platform called TANGLE which removes miners as entities and speeds up the transaction process. The growth of the network depends only and proportionally to the numbers of the new users. Also, Iota has fixed money supply without inflationary cost. Iota does not have transaction fees and solves problems faster such as network delays, unlike bitcoin. This being said, it is expected IOTA to make transactions easier by involving objects that have sensors. For example, IOTA - enabled vending machine, without the transaction costs of bitcoin. The IOTA tokens are called MIOTA and they are in a high demand these few weeks because of the announcement IOTA made where they stated that IOTA Foundation has joined companies like Microsoft, to work on a new decentralized data marketplace. Using the TANGLE platforms, IOTA does not rely on miners as I said, instead, blocks are created automatically with every new transaction. Of course, IOTA will face its ups and downs but no doubt is a force to be taken into consideration. It has positioned itself to become the first digital cryptocurrency for practical, everyday use. You can find all the latest news about IOTA on the following link IOTA PRICE EXLD AFTR AGREEMENT Yes. IOTA has a Continue reading >>

The Most Explosive Crypto-currency Is Not Bitcoiniota Infocus

The Most Explosive Crypto-currency Is Not Bitcoiniota Infocus

The most explosive crypto-currency is not Bitcoin IOTA infocus This article appeared in the German website finanzen.net on December 9, 2017. Bitcoin has been making headlines lately. It has an incredible rally behind it the new currency reaches one all-time high after another. In the process, other crypto-currencies are taking a back seat, including the up-and-coming IOTA. IOTA, the Berlin startup, disappears inconspicuously into the world of crypto-currencies. As early as 2014, the first IOTA tokens were in circulation. But just recently, the young company has made tremendous leaps. IOTA describes itself as the backbone of the Internet of Things (IoT) economy. Since early November, the crypto-currency has risen by almost 800 percent, with much of the gains made in recent days. This fierce rally has enabled IOTA to reach a total market capitalization of nearly $ 12 billion, making it a top 5 position in the crypto-currency market. Thanks to the idea behind IOTA, a worldwide exchange of data should be able to take place on a specially created data marketplace independent of institutions and large companies. Unlike Bitcoin, whose functionality is based on blockchains, IOTA works with the Tangle. While Bitcoin has a chain with a large number of blocks in a row, IOTA relies on many different strands to handle the transactions. This offers the opportunity to continue transactions endlessly and thus represents a decisive advantage over Bitcoin. The idea is based on a machine-to-machine (M2M) payment, in which technical devices autonomously shift money among themselves. IOTA is therefore primarily aimed at machines, less at people. To illustrate this system, one could use the following example: A car drives into a parking garage. Instead of having to pull a ticket, the car is Continue reading >>

Heres Whats Lifting Iota (miota), Bitcoin Cash (bch), Golem (gnt)

Heres Whats Lifting Iota (miota), Bitcoin Cash (bch), Golem (gnt)

Heres Whats Lifting IOTA (MIOTA), Bitcoin Cash (BCH), Golem (GNT) The market has seen a great push towards price gains as May rolls in. The leading coins are trading in the green too, but these three coins represent the best coins this week. IOTA (MIOTA) replaces TRON in 9th position IOTA has regained the 9th spot on the market rankings after replacing TRON, a crypto that had dominated much of the upward trend last week. Now IOTA is firmly in place with a market cap of $6.5 billion compared to TRONs $5.7 billion. This comes about as a result of a strong push in trading volumes and an overnight price gain of 11%. The big change sees its price go past $2.30. Now projections put it that it could hit $3 before long. There seems to be an increase in demand for MIOTA, and this time it may not be from the usual culprits of hype and speculation by day traders. With all that is going on, IOTA could be set for an extended period of growth due to other factors. The first of the positive news is that MIOTA will now be traded on Huobi Pro starting May 3, 2018, at 16:00 (GMT +8). The main announcement by Huobi states that: IOTA (IOTA) will be launched on Huobi Pro on May 3, 2018 (GMT+8). Deposits will be available from 16:00, May 3 (GMT+8). IOTA/BTC, IOTA/ETH and IOTA/USDT trading will be available at Main Zone from 16:00, May 4, 2018 (GMT+8). Withdrawals will be available from 16:00, May 6 2018 (GMT+8). The exchange is also running a promo that will see IOTA holders rewarded for trading on the exchange. The top 2 winners will each get 5000 and 4000 MIOTA respectively. This listing is expected to push volumes even further and propel IOTA up the charts. Additionally, IOTA will be listed on Cobinhood on May 4, 2018, adding to the growing list of cryptocurrency exchange sites adding th Continue reading >>

Introduction : What Is Iota?

Introduction : What Is Iota?

IOTAis a cryptocurrency designed for the Internet of Things. But before we get into why the Internet of Things needs IOTA, lets look at what IOTA can offer to the existing cryptocurrency scene. (Dont worry, we will return to the internet of things later). IOTA has4 HUGEadvantages over Blockchain cryptocurrencies in that it is: If you want follow this guide later and buy now you can do so on Binance by clicking on the button to the left. We recommend moving your tokens off exchanges as soon as possible because while they are on an exchange you have only an IOU. The technological breakthrough that makes this possible is The Tangle (which looks something like this). Unlike Bitcoin which uses a blockchain architecture for maintaining its ledger, IOTA uses the Tangle which is aDirected Acyclic Graph, known as a DAG. In summary the Tangle solves both the scalability and transaction fee issues faced by Bitcoin (And most cryptocurrencies) by requiring the Senderin atransaction to perform a kind of proof of workwhich approves two transactions. Thus, the act of making a transaction and validating transactions are coupled. This removes dedicated miners and makes the system fully decenteralised those making transactions (the systems users) are the only actors who can affect the system (whereas in bitcoin miners are not using the system, rather they are simply enabling it to operate). The remarkable result is that in IOTA, the network transaction speed INCREASESas the number of users increases (as opposed to blockchain cryptocurrencies which get slower with increased numbers of users). It also eliminates the need for users to pay miners for doing the proof of work (because they do it themselves). Thus there is no Fee to make a transaction! For details see Read the Tangle Whitepaper Continue reading >>

Ether Review #69iota & The Post-blockchain Era

Ether Review #69iota & The Post-blockchain Era

Ether Review #69 IOTA & the Post-Blockchain Era David Snsteb , co-founder of IOTA , discusses this next-generation post-blockchain platform designed to serve as the backbone for the Internet-of-Things (IoT). IOTA is a groundbreaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. Because the Tangle uses a Directed Acyclic Graph (DAG) instead of a blockchain, users automatically act as validators, allowing transaction validation to become an intrinsic property of utilising the network. Each transaction requires the sender to verify two previous transactions, resulting in infinite scalability while avoiding the validation centralization that is common with existing consensus mechanisms. IOTA is also developing a novel standard for embedding minuscule ASIC chips in all IoT devices. These chips perform nominal proof-of-work hashes in order to prevent spam and Sybil attacks, and because the network is partition-tolerant and only eventually consistent, brute force hashing attacks are prevented. With a transaction volume limited only by the speed of light, IOTA is a promising new solution to the limitations presented by blockchains. Continue reading >>

Iota: The $3.7 Billion Cryptocurrency Developers Love To Hate

Iota: The $3.7 Billion Cryptocurrency Developers Love To Hate

IOTA: The $3.7 Billion Cryptocurrency Developers Love to Hate Apr 14, 2018 at 09:40 UTC|UpdatedApr 14, 2018 at 13:18 UTC Cryptocurrency is crawling with ambitious visions for the future. Indeed, one of the most hyped ways in which the technology could come to proliferate is through its union with a concept called the internet of things (IoT), whereby nearly everything (think watches, refrigerators and automobiles) is connected to the internet and as such, "talks" to each other. For instance, a sensor on your milk carton in the refrigerator might notice that you're down to the last cup and send out an order to the local grocery store. The project IOTA is garnering quite a bit of attention for adding cryptocurrency-inspired technology to this use case, turning it into a more open market. Indeed, attech meetups in New York City, it's not uncommon to hear developers remark that IOTA's underpinning technology, the "blockchainless blockchain," or the so-called "tangle," is the future of the blockchain space. Not only is IOTA touted as a way to upend the silos of the current centralized system, streamlining business in terms of time and cost, but also as a way to rid the blockchain industry of all thatplagues it - such as the technology's scaling issues, which cause transaction backlogs and high fees and the massive amounts of energy the technology's architecture consumes. "The obvious thing is that [IOTA] is the first project that went beyond blockchain. Got rid of miners. In theprocess we solved the main pain points of transactions - no fees," said IOTA co-founderDavid Sonstebo, in an interview with CoinDesk. These bold claims appear bolstered by partnerships with large enterprises and agencies, including Volkswagen and the City of Taipei in Taiwan . Yet, the IOTA team of 1 Continue reading >>

Iota Rose 464% In 2017, But Buyer Beware: Experts Have Major Security Concerns

Iota Rose 464% In 2017, But Buyer Beware: Experts Have Major Security Concerns

IOTA Rose 464% In 2017, But Buyer Beware: Experts Have Major Security Concerns Cryptocurrency network IOTA was founded to capitalize on the ballooning universe of Internet of Things data. IOTA is a cryptocurrency platform that aims to create a marketplace for data produced by Internet of Things (IoT) devices, such as smart watches or Fitbits. Launched in June 2017 on the Bitfinex trading platform, its token soared from $0.64 on the first day of trading to $3.61 by the end of the yeara rise of 464%, according to CoinMarketCap . Network: IOTA | Token: IOTA | Ticker: IOT / MIOTA In 2015, David Snsteb, Sergey Ivancheglo, Dominik Schiener and Serguei Popov created IOTA. The group of engineers and entrepreneurs later formed the IOTA Foundation , a Berlin-based nonprofit that manages the IOTA network. Like Bitcoin, IOTA is a public ledger focused on moving information quickly and cheaply. Its open-source, so anyone can see the code used to build it. But instead of using a blockchain, IOTA uses an alternative mathematical approach called a directed acyclic graph or tangle. According to the IOTA Foundation, a tangle can settle transactions more quickly than blockchains like Bitcoin by processing them in parallel. And transactions have no fees, although computational work is required to finalize them. Byteball is another crypto network that uses a directed acyclic graph in lieu of a blockchain. Snsteb founded IOTA to capitalize on the ballooning universe of Internet of Things data. For example, millions of people wearFitbits every day, tracking how much time theyve spent exercising or standing. That data largely goes unused, but IOTA could let companies buy it and put it to better analytical use. The same could be said for data collected by sensors in industries like health care Continue reading >>

Top 3 Price Predictions On Bitcoin, Ethereum & Iota For Today: Btc/usd, Eth/usd And Iot/btc Short-term Analysis

Top 3 Price Predictions On Bitcoin, Ethereum & Iota For Today: Btc/usd, Eth/usd And Iot/btc Short-term Analysis

Bitcoin is breaking above its Diamond formation, reaching its first target at $9670 Ethereum is enjoying a spectacular trading day, strengthening its edge versus Bitcoin The main Cryptocurrencies are enjoying strong rises today, with Ethereum leading the way and consolidating its gains against Bitcoin, as we will see in today's analysis. Among the altcoins, IOTA is the biggest mover, with gains over 10% that have been regulated during the first hours of the Asian trading session. We should always be aware that volatility in an asset is not bullish or bearish, so expect to see big retracements as well. Ethereum is trading around $792 at the time of this writing. This is not a random level, as it was already visited several times during February and March during its bearish leg. On the upside, next resistance is at $811.89 at first, followed by $843.60 and finally $869.90. If that level is breached, ETH/USD would get into a very clean area that could increase the speed of the price action. MACD in the Ethereum 4-hour chart shows a clearly bullish profile, with no indications of a possible change in the upcoming hours. Directional Movement Index in the same chart shows a strong bullish profile that should bring several periods of rises. D+ is moving well above the ADX and with an important inclination that, even though it doesn't totally exclude violent retracements, gives a big margin to the continuity of the movement. Bitcoin escaped to the upside from the Diamond formation that was containing it and reached its first resistance at $9648. BTC/USD is now trying to breach the $9753 level, that would take it quickly up to the $10000 mark as a temporary stop before the real target at $10094. Further above, as the maximum bullish target for the upcoming periods, we find the Continue reading >>

Iota Technical Analysis For 04/18/2018 Some Signs Of Hesitation

Iota Technical Analysis For 04/18/2018 Some Signs Of Hesitation

IOTA Technical Analysis for 04/18/2018 Some Signs of Hesitation IOTA has been on a tear against bitcoin recently, thanks to the consistent developments in its own space. However, price is stalling at a major area of interest visible on the 4-hour time frame. The 0.0002 major psychological level has previously held as support and the break lower turned it into resistance. If this continues to hold as a ceiling, IOTA could find itself falling back to the nearby support zones. Then again, a small bullish flag pattern can be seen and a break above this consolidation could signal that bulls have won out. Price could climb by the same height as the mast of this flag formation from here. Note that IOTA has also broken past a double bottom formation against bitcoin to signal longer-term gains. The 100 SMA has also crossed above the longer-term 200 SMA to confirm that the path of least resistance is to the upside. This means that the uptrend is gaining more bullish traction. However, stochastic is turning down from overbought levels to reflect profit-taking and exhaustion among bulls. RSI is also turning lower to indicate that sellers are taking over. Bitcoin has had its fair share of developments in the past few weeks, but the improved sentiment in the industry appears to have favored IOTA. It is said that Fujitsu will introduce IOTA in the largest industrial trade fair in Hannover Messe, Germany through a seminar calledIntelligently connected: Experience Industry 4.0. In particular, the firm is set todiscuss The Next Generation Distributed Ledger Technology (DLT)/ Blockchain, which is going to be centred on IOTA. Fujitsu mentioned: IOTA is the next-generation DLT. It offers scalable technology that has been specifically designed for the IoT. We demonstrate how component and p Continue reading >>

Bitcoin Will Inevitably Lose Its Value, Iota Will Take Over

Bitcoin Will Inevitably Lose Its Value, Iota Will Take Over

Bitcoin Will Inevitably Lose Its Value, IOTA Will Take Over Bitcoin Will Inevitably Lose Its Value, IOTA Will Take Over The following statements, backed by scientific papers, technological and geopolitical, illustrate how Bitcoin will inevitably lose its value. IOTA was conceived and designed with a vision further into the future than most of us can comprehend. Its features will turn into major benefits as time progresses and it is a question of when, not if, IOTA will take over as the standard in cryptocurrency and industry 4.0. What limitations will be the death of Bitcoin and the uprising of IOTA? Though you will not find a defined answer to that here, my commentary and facts I present should authenticate this opinion. Thats hard to determine because fear, uncertainty, and doubt have become anything to an investor that threatens his investment. First and foremost an investors ignorance is the main culprit of FUD. This, of course, also applies to IOTA supporters. Cryptoland and its effects, in general, have the ability to transform investors into raging mobs that ignore facts, reason, and humanity, just to protect their funds and hopes of a big return on investment. Bandwagoning is a phenomenon that goes beyond rationality. Ad hominem, blatant lies, death threats, Ive seen them all. But one thing is for sure: the truth always wins. Is this article filled with logical fallacies, bad anecdotes or lies? No, because I dont like misinformation. Since Im a subjective being (and also invested in IOTA), it should be evident that my fact-based opinion cant be completely objective. Whether or not there is an incredible number of competing projects, magazines and investors that are spreading lies and false claims about IOTA, this article is not about creating deception, it is j Continue reading >>

Neo, Stellar, Iota, Litecoin, Eos: Technical Analysis For April 30, 2018

Neo, Stellar, Iota, Litecoin, Eos: Technical Analysis For April 30, 2018

Yes, there is the aspect of FOMO driving EOS but then again, we have more and more big shots willing to be block producers, Antpool also wishes maintain the network and thats not all, institutional money through VC partnership are finding their way into EOS. So, as the mainnet launch nears, the pump would be inevitable. Now, the question is this: will EOS test $100 and will BP ensure that the network scales faster to validate the coin prices? We shall wait and see but at the moment if you had less than 100 EOS, you can make a request through EOSDAC that runs for the next couple of days. Price wise, EOS is up 10 percent in the 24 hours and 78 percent in the past week . With this valuation, EOS is above Jan 2018 highs and we project $30 before June mainnet launch. As such, our EOS analysis remains pretty much the same: buy on dips on lower time frames. Immediate support lies at $14 and since prices are above $18, we shall be trading a bullish break out. Like its fundamentals, Litecoin is a tad bit slow and trading within a tight $20 range. To put it in perspective, Litecoin is up one percent in the past week and down one percent in the last 24 hours. In my view, Im net long on this coin as per my previous coin analysis but as long as prices are trending below April 24 high low, I remain neutral. I shall recommend buys only when prices are above $180 and from there, buyers should target $240 in the short term. Because of this, those buying on dips can consider $140 perfect spring board. Stellar Lumens Daily Chart by Trading View With a three percent and 20 percent daily and weekly gain, our Stellar Lumens price forecast is coming through nicely. We shall hold this positive view and expect bulls to add on to their position on dips. Even though we are bullish, we expect a l Continue reading >>

How Do You Buy Bitcoin, What Are Ripple, Ethereum And Iota, And Is The Cryptocurrency Safe?

How Do You Buy Bitcoin, What Are Ripple, Ethereum And Iota, And Is The Cryptocurrency Safe?

How do you buy Bitcoin, what are Ripple, Ethereum and Iota, and is the cryptocurrency safe? The cryptocurrency Bitcoin continues to break records and attract amateur and professional investors from across the globe BITCOIN continues to create headlines around the world as a result of its continued market volatility - marked by surges and dramatic falls. Here is everything you need to know if you're thinking of investing in Bitcoin or one of the other fashionable cryptocurrencies... Bitcoin is going from strength to strength - but how long can it last? The most common way to buy the currency is to download a broker app such as Coinbase and Blockchain. These allow users to use a credit or debit card to exchange pounds for Bitcoin. Users do not have to buy whole Bitcoins and can purchase a small percentage that matches the value of their cash investment. Once a request has been made, online miners will decide whether to approve the transaction. If approved, the money will be taken from a user's account in exchange for Bitcoin. When selling, users can use the same app to sell their Bitcoin in return for its cash value. It is also possible to buy Bitcoin directly from sellers on other websites bypassing the need for a broker. There are fewer transaction fees in this case, but the process is a bit riskier and more complicated especially for a beginner. Investors can also buy Bitcoins by depositing cash at a nearby Bitcoin ATM. These have been popping up in newsagents and can be found by Googling them or visiting Coin ATM Radar. Anyone thinking of investing in Bitcoin or another cryptocurrency should be very careful. Their values are volatile, with the ability to plummet as quickly as they shoot up. On January 9, 2018, Bitcoin and other major currencies hit the floor after ma Continue reading >>

Last Month - Eos At 185%, Tron At 158%, Iota At 133% Followed By Bitcoin Cash, Cardano, Eth, Stellar Lumens And Vechain - Ambcrypto

Last Month - Eos At 185%, Tron At 158%, Iota At 133% Followed By Bitcoin Cash, Cardano, Eth, Stellar Lumens And Vechain - Ambcrypto

Despite a bearish beginning to the year when Bitcoin was still around the $14K $16K range, the past month has proven to be more than a bullish signal. The past month reflects gains for the top coins in the market, riding a wave of bullish trends. 5 of the top 10 coins by total market cap showed over 100% growth over the month, with the market slowly building up a bullish momentum. It is a turn-around from the mostly stagnant market of March, with many coins building up to highs not seen since the overly bullish market of December last year There have been exemplary performers over the past month but out of the Top 20 here are a few ranked according to the order of % gain over the past month: The top gainer this month was EOS. At a 185% growth, it stands head and shoulder above the competition. It started off last month at $5.78 on April 4th, going up to $22.13 on April 29th. At press time, it currently rests at $17.25, with a 7.08% growth in the last week. It is currently at the #5 position by an overall market cap. A few factors have led to its growth that occurred over the last month. Some of them are: Upcoming main net launch on June 2nd, from being an ERC20 token to its own blockchain. Bitfinex added support for main net migration and the addition of EOSIO as a blockchain producer. Binance added support for main net migration. The second-most profitable coin last month was TRON. With a 158% growth over the last month, it started at $0.031 on April 4th, grazing the $0.1 mark on April 30th and coming to rest at $0.084 at press time. It had a growth of 13.66% last week. It overtook Ethereum [ETH] earlier last month to take the #3 spot an by overall market cap and it currently rests at the #11 position after being overtaken by IOTA. A few significant factors that occur Continue reading >>

Iota Is Not The Next Bitcoin - Coin | Seeking Alpha

Iota Is Not The Next Bitcoin - Coin | Seeking Alpha

Sound money as a store wealth and efficient unit of account and medium of exchange is a transcendental principle that supports the value proposition for a potential future cryptocurrency. Bitcoin and other "naked" cryptocurrencies that use block-chain technology have helped to awaken the animal spirits in the financially repressed masses. The IOTA tangle ledger and corresponding token is an attempt to articulate a superior cryptocurrency platform. If the IOTA narrative is improved and validated it could gain traction and presumably displace and deflate the extant block-chain bubble-coin mania. This is an impromptu commentary arising from my reading of the interesting Seeking Alpha article titled The Next Bitcoin? Take A Hard Look At IOTA by Quad 7 Capital. I posted a comment to the article with questions about what exactly is IOTAs value proposition. Some of the reader comments on the article helped me but I still wanted more so I did some more digging and thinking. My commentary below is driven by trying to understand the cryptocurrency phenomenon and the macro-economic implications of the distributed ledger, and block-chain or tangle type technology as it relates to money. Bitcoin is the first cryptocurrency that uses block-chain technology and a distributed ledger system to allow individuals to collect and use digital tokens to conduct transactions, and that has obtained extreme notoriety. The hype around Bitcoin and increasingly popular alt-coins and me-to-coins does not appear to match up with actual foreseeable durable practical utility as money. Sound money (currency) should be a stable store of value and efficient unit of account for transactions. So far, the promise of naked cryptocurrencies [1] such as Bitcoin do not appear to fit the bill for a new sound mon Continue reading >>

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