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Posted on 8/17/17 at 10:07 am to Eric Nies Grind Time
Well, I'd actually rather convert it all back to the cash and pull that money back out of the game. I've got enough in already for the long haul. I can afford more if needed for the short term though.
Posted on 8/17/17 at 10:13 am to GoldenSombrero
I suggest you do your own research before buying, but the 30 second elevator pitch for IOTA is:
1. Infinite scalability - IOTA transaction speed increases with network usage. Blockchain transaction speed is constant so greater usage leads to longer and longer wait times for transactions to confirm. Long transaction wait times are not practical for mass adoption.
2. No transaction fees - Most blockchains have transaction fees, IOTA has none. For large value transactions minimal fees are not a huge roadblock, but for micro payments they are a deal breaker.
3. No miners - The individual users secure the network by validating 2 transactions for every transaction they initiate. This is also what allows scalability. No mining pools and no fork drama like with Bitcoin, Ethereum, etc. This is probably also why there is a lot of FUD spread over the internet about IOTA. Miners and mining pools have a lot of money invested into mining equipment so they are committed to blockchain.
There are many other advantages that I don't have time to list. Suggest you do your own research and come to your own decision. From what I have read it seems as though DAGs (the technological difference b/w IOTA and blockchain) could be the future of crypto and perhaps even money as we know it.
1. Infinite scalability - IOTA transaction speed increases with network usage. Blockchain transaction speed is constant so greater usage leads to longer and longer wait times for transactions to confirm. Long transaction wait times are not practical for mass adoption.
2. No transaction fees - Most blockchains have transaction fees, IOTA has none. For large value transactions minimal fees are not a huge roadblock, but for micro payments they are a deal breaker.
3. No miners - The individual users secure the network by validating 2 transactions for every transaction they initiate. This is also what allows scalability. No mining pools and no fork drama like with Bitcoin, Ethereum, etc. This is probably also why there is a lot of FUD spread over the internet about IOTA. Miners and mining pools have a lot of money invested into mining equipment so they are committed to blockchain.
There are many other advantages that I don't have time to list. Suggest you do your own research and come to your own decision. From what I have read it seems as though DAGs (the technological difference b/w IOTA and blockchain) could be the future of crypto and perhaps even money as we know it.
Posted on 8/17/17 at 10:16 am to Douglas Quaid
I want to buy some NEO, but I kind of want to see if it dips anymore.
This post was edited on 8/17/17 at 10:21 am
Posted on 8/17/17 at 10:16 am to Douglas Quaid
Four hours later, still waiting on my BTC to show up on btfinex
Posted on 8/17/17 at 10:31 am to Douglas Quaid
Dearest ENGT the third. I hereby bequeath you my entire IOTA wallet.
Posted on 8/17/17 at 10:32 am to MSTiger33
Bitfinex is dumping US customers. I pulled my IOTA out yesterday.
quote:
We are thankful to all of our loyal U.S. customers that have consistently traded with us but, unfortunately, we have an obligation to our whole customer base and to our shareholders to make rational resource allocation decisions. Furthermore, over the next 90 days, we will be discontinuing services to our existing U.S. individual customers. We will be communicating further with affected users on timing and specifics. Our intention is to reduce disruption as much as possible for our U.S. customers.
Posted on 8/17/17 at 10:32 am to Eric Nies Grind Time
Be sure to leave me that 81 character code 
Posted on 8/17/17 at 10:45 am to MSTiger33
Four hour wait seems excessive to me. I have literally never waited more than 5 minutes for any transfer of funds from any exchange to another. I think I have worked with 6 different exchanges.
Posted on 8/17/17 at 10:59 am to Douglas Quaid
Agree on the 3 points you mentioned just wanted to make sure I wasn't missing something. The lack of buzz around IOTA is a bit puzzling, compared to ETH and NEO. I guess IOTA is still relatively new in comparison.
Posted on 8/17/17 at 11:12 am to GoldenSombrero
QTUM
Posted on 8/17/17 at 11:15 am to ynlvr
quote:
Bitfinex is dumping US customers. I pulled my IOTA out yesterday.
What does this mean? Will my account just one day be disabled?
Posted on 8/17/17 at 11:44 am to LSURep864
quote:
Today is going to be a gut check for Neo hodlers.
NEO starting to bounce back a little bit
Posted on 8/17/17 at 11:48 am to VinegarStrokes
Yep back on the NEO rocket, but made enough to pick up an extra 25 NEO trading alts while it was down. Let's go to the moon boys! 
Posted on 8/17/17 at 11:50 am to ithad2bme
WTF just happened to BNB? some news i dont know about?
Posted on 8/17/17 at 12:01 pm to jmcwhrter
I sold my BNB after buying awhile ago. It just tank or moon?
Posted on 8/17/17 at 12:02 pm to GoldenSombrero
quote:it would help if they made it easier to buy
The lack of buzz around IOTA
Posted on 8/17/17 at 12:06 pm to jmcwhrter
I would buy BNB before Aug 24. I'm heavily in it at .75 and 1.30
It's actually a good long term hold if you believe that Binance exchange will be sucessful. They have a legit team and will be adding many more coins soon.
When it hits $7 my Model X will have BNB license plate
It's actually a good long term hold if you believe that Binance exchange will be sucessful. They have a legit team and will be adding many more coins soon.
When it hits $7 my Model X will have BNB license plate
Posted on 8/17/17 at 12:09 pm to YipSkiddlyDooo
Looks like it tanked for about 5 mins. Still up .54% on the hour though
Posted on 8/17/17 at 12:12 pm to GoldenSombrero
i just suddenly started plummeting .. I tried to catch the knife at .0037500, but it fell all the way to .0036. Ended up selling at .00395 however 
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