IOTA

Discussion in 'Digital Currencies' started by leo25, Nov 14, 2017.

  1. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Not at all. This information is already out there. Choosing coins is the most difficult part of the process, but there is a wealth of information out there and if you don't have the time to do it yourself you can pay someone else to do it for you. There's not a lot of intricacies to research on the top cryptos anyway as it's been one by others countless times. Your delight with IOTA for example is not shared by many others who have taken the time to research and understand the intricacies so you can expend a great deal of effort yet come to a different conclusion to many others.

    Setting up secure wallets is easier than opening a bank account.

     
  2. dozerz

    dozerz Well-Known Member Silver Stacker

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  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    There are marked differences between paying someone to advise what assets to buy initially and paying someone in an ongoing manner to manage assets that are jointly owned by others But I can see a similarity.
     
  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    There are marked differences between paying someone to advise what assets to buy initially and paying someone in an ongoing manner to manage assets that are jointly owned by others But I can see a similarity.
     
  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    “I love crypto” on youtube has his “Signal Profits” subscription service. I use it mainly for day trading but he does have a number of long term picks.

    His number 1 pick on his free-to-air site is OMG.
     
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  6. Soprano16

    Soprano16 Well-Known Member Silver Stacker

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    I really don't think you need to pay anyone for help in crypto

    It doesn't take a lot of time to do your own research. You don't need to know every single thing about a crypto to invest in it.

    Spend some time on social media platforms to see what projects people are talking about, and if you see some that stand out to you (whether it be something specifically said about it or repeat discussion/popularity) then look into the coin further yourself.

    Check their website to see the team, roadmap and whitepaper then see what sort of activity is on their reddit subforum, YouTube etc

    It really doesn't take that much effort.

    Again, you don't need to be a die-hard purist about every coin you invest in.
     
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  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    each to their own.

    You’re the one that has has asked at least three times for other member’s strategies, opinions and advice yet choose to dismiss them all. o_O
     
  8. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Whatever you reckon.
     
  9. dozerz

    dozerz Well-Known Member Silver Stacker

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  10. leo25

    leo25 Well-Known Member Silver Stacker

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    But does Atonomi have someone on their team that is foul mouthed, rude and thinks they are a god like David Sønstebø? If not then it's crap. ;)
     
  11. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    omg, neo/gas are 3 basic ones to look at that most agree hold promise.
    If you want ones paying dividends others to look at are kcs, nex, nexo, eos to name a few.
    Nauticus an AU exchange which will do fiat is doing a binance type coin which if binances return on its coin is anything to go by may hold some promise.
    Everyones strategy is different so take it with a grain of salt and do with those suggestions what you willl but its narrowed down the field on some maybe worth your time reading up on
     
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  12. leo25

    leo25 Well-Known Member Silver Stacker

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    Just to show IOTA is by no means unique. If anything they are falling behind.





     
    Last edited: May 5, 2018
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  13. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    For someone that 's been writing blogs about investment advice and opinion for so long you sure are antagonistic to the sound advice of others. Your loss. My mixed bag of cryptos has the potential to benefit far more likely in both bear and bull markets than your exposure to one single asset. You've put your entire faith in one project, in one team, in one platform.

    Never mind. We'll check back in 6 months, 12 months and 18 months and see how "Bullion Baron's Pissing Contest" has unfolded, THETA v IOTA. Not that my reputation is on the line because as I posted above there is no single "best coin", despite what you stubbornly deny.
     
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    So now you may not own any IOTA and you’ll own other crypto?

    Haven’t we been telling you all along to do exactly that? Diversify?

    If I was you I’d sit down and map out some goals for crypto or get out.

    Not much of a pissing contest of yours you started if you don’t even have any faith in IOTA as a long term hold is it? LOL you’re all piss in the wind B.B.
     
  15. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    You’re just stubborn and ignorant that’s all. Hasn’t stopped you from wading into the cryptocurrency swamp with your own sound advice though has it?
     
    Last edited: May 6, 2018
  16. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    Out of curiosity and genuine interest what ones have you looked into?
    With so many options out there its not feasible for one person to thoroughly research all of them.
    This may or may not save myself and others time that can spent researching other/better options.
    I listed a number I think have more potential than Iota although in different arenas, have you looked into any of them?
     
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  17. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I’m going to let this go. I don’t trust the dev team at IOTA, they’re either liars or they’re incompetent.

    Edit to add: just saw your post about limited vision and another layer on BTC above. The reason that is not necessarily a good idea from an economic viewpoint comes down to an old idea called the division of labour. Specialisation. Comparative advantage.

    Adam Smith worked it out over 200 years ago. It’s how wealth is enhanced. For example Coca Cola contract transport out to Toll rather than buying their own trucks.

    It encourages efficiencies and improves effectiveness.

    No doubt there are also technical reasons why it’s better to have a large variety of cryptos meeting lots of different needs rather than a few single, multi-purpose technologies.
     
    Last edited: May 6, 2018
  18. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    You’re evading my point.
     
  19. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I will repeat myself again: the point is that specialisation results in economic and technical efficiencies. It doesn’t make good economic sense for one company to try to do everything. The same with government and cryptos, specialisation and competition bring efficiencies and better meets the needs of consumers.

    If you're referring to my statement that the dev team are either liars or incompetent, then you haven’t done your homework on IOTA.
     
  20. SilverDJ

    SilverDJ Well-Known Member

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    And just what would make a wallet "the best wallet in the space"?
     
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