/biz/ - Business & Finance

[Anonymous No.14758732]

Why isn't anyone talking about IOTA and other non-block/DAG coins? IBM just released their first commercial Quantum computer this year... It's only a matter of short time before the entire virtual (asset) game is affected.

ITT: You tell me why I shouldn't go all in on IOTA, and I tell you why I think it's a good idea

> Max supply is already circulation, this must inflation proof it to some degree
> Market cap too high to be just some flyer (like QRL might be), not so high its 2late
> The developers are looking to do something that's actually innovative and useful with the technology. It could revolutionize cyber security, which has limitless applications from protecting files from counterfeit, securing a systems of automated public transit, and biotechnology/implants just to name a few examples.

[Anonymous No.14758743]

Quantum computers are a meme.

[Anonymous No.14758750]

>>14758732
Reddit talks about IOTA incessantly. Non stop. You should go there

[Anonymous No.14758751]

>>14758743
unironically this, there is huge misunderstanding when it comes to quantum computer's affect on cryptocurrency

[Anonymous No.14758779]

Oops I forgot to add
> Faster than blockchain transactions
> Better scalability than blockchain

>>14758743
Memes got Trump elected

>>14758750
Sure, I'll check it out. Thanks

>>14758751
Please explain

[Anonymous No.14758818]

>>14758743
>>14758751
I just had an epiphany. Computers that act in a way similar to the popular image of quantum computers may be feasible. lol
I think I'll leave it as an exercise for the reader for now, heheh.

[Anonymous No.14758829]

>>14758732
Because we are not bagholding a shitcoin that doesn’t even works

[Anonymous No.14758897]

>>14758818
Are you under the influence of drugs right now?

>>14758829
> Doesn't work
Why do you say that?

[Anonymous No.14759072]

Do you guys really think people won't be able to generate Bitcoin blocks using Shors Algorithm in the near future? Can we get some scientists in here please...

[Anonymous No.14759109]

>>14758732
Just research what IOTA did the last 2 years (Not much of real value) ... its an big dissappointment to watch this coin.

[Anonymous No.14759233]

>>14759109
I'm 80% iota. Agreed, disappointing progress from a tech perspective. But things seem to change rather soon. I sold most of my LINK for more iota.

[Anonymous No.14759241]

>>14758732
>Why isn't anyone talking about IOTA
BECAUSE IT'S SHITE

[Anonymous No.14759272]

>>14759233
IOTA was my first coin, and I still hodl a couple Thousand of this shit. But its an reminder for me to never ever be emotional again at cryptos.

[Anonymous No.14759311]

DAG is superior to IOTA and a better investment.

Data products are already a trillion dollar economy. Success stories like Cloudera and Databricks show the massive demand for big data related products and services. IBM’s acquisition spree in the cloud, stream and data providing market as well as the notable RedHat acquisition, paint a picture of an even more data centric future.

Data products like address data, location data, investor tax filings, weather sensors, price feeds, movement data, customer preference data, AI training data, analytics etc. are in high demand. Demand will increase with the growth of IoT devices and sensors that generate and contribute to thedata products of tomorrow. In that sense Constellation not only allows for the secure connection, traceability and interoperability of devices but also enables their data monetization.

Constellation’s unique feature is that it allows for direct on-chain data processing. No other blockchain infrastructure is able to do that. Ethereum as a world computer falls short in that regard, as it cannot process any sizeable amount of metadata.

[Anonymous No.14759313]

look like a deadcoin, should i back an insurance stack?

[Anonymous No.14759331]

Less from a tech point of view but a practical investor one given the circumstances for the potential of this coin

It seems like the de facto Directed Acyclic Graph(DAG) going into 2020 as it does both IOTA and NANO's jobs better but has 1/180th the marketcap right now with so much room for growth. This shit looks primed for the perfect storm.
>Dropped right when the 2018 crash was in effect BTFO all the initial investors
>OG-CEO found daytrading with cuck earlier investor funds, forced out
>Devs all burn their personal stacks as a sign of good will to keep centralized threats like what happened with NANO
>Coin has completely bottomed out just in time for the next bull run while the tech just keeps getting better and better compared to all other DAGs.


Regardless of the team refusing to lose face over their Ex-CEO fucking them over, this coin is primed for a megamoon given its potential. Just reaching the IOTA market cap would be almost a 200x, and with the bull run raising all tides, normies flooding in in 2020 as Libra, and financial institutions being on the table soon, Constellation seems like the Ripple of 2020.

At the point you realize what a gem this is, the price is going to explode rapidly. You can't expect to make a big profit investing with the herd. When something is obvious it's already priced fairly, or more likely in crypto, overpriced.

[Anonymous No.14759348]

>>14759233
Funny, I did the reverse thing in early 2018 and am now a millionaire. IOTA is a scam that was made to lure in people that don't know jackshit about crypto. It's basically nano, but with a more "professional" appearance (on the surface, if you dig a bit you'll see how unprofessional the project really is).

[Anonymous No.14759395]

>>14759348
Yep, IOTA only produces worthless withepapers ... .

[Anonymous No.14759471]

>>14759311
> Ethereum as a world computer falls short
> Constellation (DAG) is a cryptocurrency token and operates on the Ethereum platform
Anon, I..?

>>14759331
Thanks anon. What are some projections you're thinking short-term for making back the initial on this investment?

[Anonymous No.14759554]

>>14759471
Constellation will have a token swap in this quarter as their mainnet goes live. It's my only hold except BTC. (Because there is a chance it goes parabolic)

[Anonymous No.14759582]

>>14758732

>"innocently" rests hands over pussy so we are denied harmless entertainment
>the worst whores
>best sluts

[Anonymous No.14759586]

>>14759471
At least 5x by eoy

[Anonymous No.14759609]

IOTA in its current state needs to get somewhere between TOP 40 and 70 on CMC to be fairly valued

[Anonymous No.14759637]

>>14759582
>random incel autistic totally out of touch comment

[Anonymous No.14759666]

>>14758732
you are going to make it. But don't even bother trying to convince /biz/ that IOTA is worth it, they hate it with a passion

>muh link 1000$ eoy

Just keep accumulating til you're comfy and you'll be handsomely rewarded

[Anonymous No.14759670]

Hmm... I'm new to (DAG) - is this a directed acyclic graph coin or?

>>14759554
>>14759586
Thanks

[Anonymous No.14759674]

>>14758732
Holo

[Anonymous No.14759680]

>>14759666
> 666
Fuck...

[Anonymous No.14759716]

>>14759680
it's even funnier because of the biz shitposts about IOTA's logo including a secret "666" pattern

but to get back to some of the stuff you said, they do indeed try to come up with innovative and groundbreaking stuff, unlike 99% of the crypto space

The road of research and innovation is a bumpy one but I'm convinced they have the right brains to pull it off

[Anonymous No.14759746]

>>14759716
Thank you. I'll have to dig more and explore other options too. Does (DAG) run off directed-acyclic-graph as well? Because if not, that would be seriously misleading... What other coins are pushing new tech that aren't part of the 99%?

[Anonymous No.14759751]

>>14759716
That's actually the same reason why I like Dusk, they're trying to come up with stuff of their own

https://medium.com/dusk-network/dusk-network-development-update-june-27572ed6166f

https://medium.com/dusk-network/research-release-fully-private-account-based-cryptocurrencies-bed13829b387

They came up with their own zk smart contract implementation, i don't get how people don't see how huge this could be for securities

They're running a campaign to score some free tokens so feel free to use my ref link if you wish: https://campaign.dusk.network/13977/7884574

But if you cba with the ref link DYOR, this project is going to be big (just like IOTA, Nano and Holo btw)

[Anonymous No.14759766]

>>14759746
I am not the one that evoked DAG. I wouldn't touch it with a ten foot pole desu

>their former CEO traded ICO funds lol

[Anonymous No.14759797]

>>14759751
>https://campaign.dusk.network/13977/7884574
Thanks, I'll check it out t - I don't know much about smart contracts. I'm holding Nano... What makes Holo special?
> (DAG)
Yeeeahh... I'm on their official Discord right now doing some research.

[Anonymous No.14759852]

>>14759797
>Holo
Agent centric consensus, which avoids usual scalability bottlenecks; elastic supply (look this one up because it's deep) and biomimicry in the way they're trying to set up the network's infrastructure (Biomimicry is an approach to innovation that seeks sustainable solutions to human challenges by emulating nature’s time-tested patterns and strategies.)

People here laugh about Holo being a bunch of hippies but they don't see the potential of biomimicry, because obviously they're cleverer than thousands of years of evolution lol

Btw my biggest hold is still IOTA

[Anonymous No.14759871]

>>14759797
and if you like DAGs, not $DAG, I'd recommend having a look at Tangram

They aim to become the privacy Nano, fast, feeless with privacy by default, and a fair distribution

https://medium.com/tangram-tgm/tangram-faucet-distribution-economics-overview-72141e9562bf

[Anonymous No.14759897]

[Anonymous No.14759974]

>>14759852
Very interesting.

>>14759871
Thanks again, I'm really uninformed as to how many DAGs are out there which is one of the reasons I started this thread.

>>14759897
> Not even putting the coin name in the file name
Very helpful, Anon. Thanks for contribootin

[Anonymous No.14760020]

>>14759974
his picture is referring to Fantom (FTM)

I hold a little bit, but the cult-iness some people have with it.

You're welcome bud, don't hesitate to ask ahead if you've got more questions. And indeed there's a lot of stuff going on in the DAG sphere, unfortunately a lot of crap too, this is crypto after all

[Anonymous No.14760042]

>>14760020
the cult-iness some people have with it puts me off a bit*

[Anonymous No.14760069]

>>14760042
Woah woah woah, how do you even acquire a Tangram? Do you have any? Also, what are some other coins in the "DAG sphere"

[Anonymous No.14760073]

>>14759471
>He doesn't know about the Mainnet
Detach from Ethereum my friend, the quadruple digit. IOTA will die as DAG rises as it solves both the issues of IOTA and NANO while having a lower market cap and way more potential for growth and FOMO
https://www.youtube.com/watch?v=OyXu-CX33-c
https://www.youtube.com/watch?v=mQhQuE5JnUo

[Anonymous No.14760187]

>>14760069

Join the discord and hit me up (@bla_bla_bla)

Would like to give you a direct link to the discord but it gets flagged as spam. You should easily find it on the Medium page i linked to you previously though

otherwise you can find helpful links here in the sidebar https://www.reddit.com/r/Tangrams/

[Anonymous No.14760210]

>>14760069
Tangram is still in testnet phase, you can either acquire some or wait until mainnet when the faucet distribution will be put in place. Again, do not hesitate to hmu on Discord

[Anonymous No.14760415]

>>14759582

Of course it's out of touch.
Thot covering it leaves too much to imagination.

[Anonymous No.14760439]

>>14758743
In order to believe that quantum computers are real, aren't I required to believe in quantum-theory alternate dimensions? They honestly sound like bullshit to me.

[Anonymous No.14760455]

>>14760439

[Anonymous No.14760481]

>>14759331
>>OG-CEO found daytrading with cuck earlier investor funds, forced out
>>Devs all burn their personal stacks as a sign of good will to keep centralized threats like what happened with NANO
>>Coin has completely bottomed out
You're not connecting your own dots, anon. CEO was a fraud, dev team has zero personal incentive. Constellation is dead.

[Anonymous No.14760520]

>>14760455
Every imaginable outcome of every single action in the universe has happened in an alternate timeline. There are an infinite number of multiverses, and a quantum computer accesses all of those multiverses and troubleshoots every possible answer at once.
>Surely I'm not the only one who thinks this sounds like bullshit.

[Anonymous No.14760600]

>>14760520
Every imaginable outcome of every single action in the universe has happened in an alternate timeline. There are an infinite number of multiverses
Sounds accurate. Logically, something can't come from nothing therefore the creationist theories are the bullshit ones and spacetime must span infinitely therefore. Alternate timelines? I think not... It is more likely they happened somewhere on this timeline, are happening now, and will happen again later somewhere... Sometime...
> a quantum computer accesses all of those multiverses and troubleshoots every possible answer at once
I don't think that's how it works, Anon.

[Anonymous No.14760614]

>>14760600
Oops meant to Greentext
> Every imaginable outcome of every single action in the universe has happened in an alternate timeline. There are an infinite number of multiverses

[Anonymous No.14760849]

>>14759072
Shor’s algorithm finds the prime factors of any integer, N. Classical computers are capable of doing this, but in a time that is exponentially larger than the time a quantum computer can do it. If you make N large enough (which we do when we encrypt shit), the classical computer would take so long to find the prime factors that it would take several lifetimes rendering your crack useless. The quantum computer basically does it faster. RSA, the most widely-used public encryption method, would be rendered useless by a QC with enough qbits.

[Anonymous No.14760903]

>>14758732
fuck off back to your reddit cuck shed you redditing dumbass

[Anonymous No.14760904]

>>14760614

Infinite multiverses without infinite multiverses.
Ooops, gotta problems. Infinite ones.

[Anonymous No.14760924]

>>14760439
That’s string theory.

[Anonymous No.14760947]

>>14758732
Because DAG doesn't scale and IOTA is incapable of functioning without a centralized coordinator.

[Anonymous No.14760958]

>>14760439
You can believe in it or not, but the empirical experiment appears to show that this is true. So, deal with it.

[Anonymous No.14760965]

>>14758732
>tfw no gf

[Anonymous No.14760974]

>>14758732
>He thinks the quantum computes on every city is gonna be a thing before the smart contract bubble

[Anonymous No.14760975]

>>14758743

This 100%

>hurr durr we put a bunch of molecules near absolute zero and it solved a basic addition problem in 20 minutes watch out cryptofags

[Anonymous No.14761041]

>>14760904
Oop, now that I think about it that does make some sense. However that's dependent on us being in a multiverse which I have no reason to believe we are living in.

>>14760958
This.

>>14760974
Smart contracts are already a thing, aren't they? Isn't that why ETH became so valuable in the first place? Also, you don't need to wait until quantum chips are available to the average /b/tard... I'm sure the makers of Quantum computers are the first ones trying to make their own Bitcoins.

>>14760975
> IBM
> Intel
> Google
> Insert other leader in technology and information
> hurr durr
Seriously dude? You must have some cool shit in your garage or something to talk with that much balls.

[Anonymous No.14761093]

>>14761041
>Isn't that why ETH became so valuable in the first place?
not at all anon. ICOs are the reason why ETH became so valuable. to participate in ICOs people had to first purchase ETH. it did not matter how hogh eth was, if you wanted to buy into an ICO you had to purchase ETH to do so. this created a constant high demand high buy pressure for ETH. that's gone now

[Anonymous No.14761126]

>>14758732
https://www.instagram.com/elsie

[Anonymous No.14761127]

>>14761093
I'm glad I made this thread

[Anonymous No.14762455]

bumping for moar salt

[Anonymous No.14762485]

>>14761127
Mate ur so brainlet it hurts so ill help u, utility is the next meme that will moon the market.
Any semblance of utility will generate fomo, which will quickly die out after people realise that crypto is still not quite ready for mass adoption
The halvening is the tinder, the trigger, the utility is the fire.

[Anonymous No.14763514]

>>14759311

Great post Anon, I am gonna look into DAG