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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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30392878 No.30392878 [Reply] [Original]

next week will witness another series of pumps for iota, because the release of the new network is approaching. you have the info, anon. do what you want with it.

>> No.30393104

>>30392878
But of course anon that’s why I’ve been all in since 45c

>> No.30393583

few people understand.
massive fomo will happen during this year

>> No.30393654

God I hope so. I hate this website and everyone on it. If I am rich I will just return to post mocking threads every day before soiling my harem of sluts

>> No.30393707

>>30393104

iota is a real opportunity to transfer sustainable wealth to europoors.

the next round of pumps will not be followed by major corrections. the growing ecosystem and network update will open the doors of so many exchanges, investors, and retail traders that could not enter yet that we will see a strong 10x which will set iota into top 5 territory within weeks.

>> No.30393804

>>30393654
haha me too.

crypto is retarded space.

most software devs and architects are already on IOTA train, crypto moonboys will follow soon, but will miss most ROI.

>> No.30393864

>>30392878
iota helps refugees

>> No.30393882 [DELETED] 

Cool to see mochimo $mcm finnally starting to blowing up. So few projects like it these days.

>> No.30393914

>>30393804

judging from the amount of copy/paste projects in the top ten marketcap coins, i can only agree with you.

>> No.30393949

Idk if thats a good tactic but I invested 10% of my portfolio just to swing trade with the coins that are releasing news, bought into avax, maybe it will do a lil sumthin and I could sell for iota, sounds promising

>> No.30393962

i'd like to see more real world applications announced.

>> No.30393974

>>30393864
And that is a wonderful thing. Black lives matter.

>> No.30394196

btc is ten years old and will not scale. it s a dinosaur.

eth will do its best and will probably reach 5-figure prices this year because of its reliability and the extent of its ecosystem.

make no mistake: the ecosystem that iota is bringing will naturally absorb most use cases that have sprouted with eth.

being wealthy is just a matter of getting the right information and time preference now.

enjoy your tendies, anons.

>> No.30394230
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30394230

>> No.30394289
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30394289

>>30392878
I'm ready

>> No.30394358

>>30394196
based

if you want to have high ROI you have to explore chances NOW, not after it went x10.

IOTA has everything lines up to boom.

>> No.30394545

it s time to learn what iota does, and how efficient it is :

https://discord.iota.org
https://www.reddit.com/r/Iota

>> No.30394784
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>> No.30394892

One of the biggest news-portals in germany (Der Spiegel) is bashing the german health minister for not introducing the Ubirch/IOTA-solution in germany

https://www.spiegel.de/netzwelt/netzpolitik/corona-warum-es-in-altoetting-den-digitalen-impfpass-gibt-und-bei-ihnen-nicht-a-f712f75a-0002-0001-0000-000176138619

>> No.30395651

>>30394892
germany is the epicenter of the action, but not for long. iota will spread globally.

>> No.30395668

>>30394892
The digital healthpass that is rolled out in the bavarian vicinity "Altöttingen" is made by the company UBIRCH. UBIRCH openly confirmed they anchor the users data GDPR compliant on the IOTA Tangle. Currently they are working together with another IOTA partner, Zebra, to become the digital healthpass for the whole EU

>> No.30395940

>>30395668

verification of credentials on iota with zebra card printer
https://youtu.be/Ivv1JArtHvM

confidence computing & data confidence fabric. Intel, Dell, IOTA
https://youtu.be/_qt8AL6GuuE

project alvarium from Dell perspective
https://youtu.be/BNbJC9yqyVU

>> No.30395996

>>30392878
Price prediction if Iota will deliever?

>> No.30396011

>>30393864
Nice, I can profit from this. Let them all in, I will live nicely in my gated community while Germoney turns eternally in some hellhole.

>> No.30396024

>>30395996
$10-$20 eoy if bitcoin doesn't shit the bed early

>> No.30396070

>>30396024
Can it keep growing after that and how high it can climb in couple years?

>> No.30396424

>>30396070
yes. coordicide is end of year and that is when things really start to mature. within a few years it's possible to hit $50-$100, maybe more. this is all speculation of course. hard to predict. but future growth, yes.

https://youtu.be/A2oKycPPu98

big news this week teased btw timestamp around 14:30

>> No.30396496

is chrysalis forever "2-3 weeks from now"?

>> No.30396743

>cheap pump 3 weeks ago with less than 100 Million
>dumps consequently for 7 days
>dumps more
>paid pajeets spam /biz/ with please buy my bag threads
It always holds true, if it pumped and is on /biz/ short the shit out of it

>> No.30396810

>>30395996
$20 eoy. +100$ 2021+

>> No.30397781
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30397781

>>30396810

>> No.30397893

>>30396496
>end of Q1
should be the last time. and who nows, it might be released in two weeks

>> No.30398288

>>30396810

absolutely

>> No.30398872

>>30394196
I do not take any project that is shilled with "It's better than Bitcoin!!1!" seriously. It's actually the best indicator that the project is trash. Bitcoin secures the entirety of crypto not just its own network. People that don't understand this do not understand the value of crypto. How can they be trusted to evaluate new projects? They don't even understand why the entire market follows Bitcoin.
Pass.

>> No.30399024

>>30398872
that's every project ever. people almost always get excited about what they buy, it's just what it is.

>> No.30400320

>>30399024
The reason I jumped early into BNB and the BSC hype is because CZ is smart enough to know that crypto without Bitcoin doesn't work and creates his projects with Bitcoin in mind. Same reason why I still hold onto ETH despite the insane fees. Vitalik isn't exactly a Bitcoin supporter but he understands its importance and would never dare to declare Ethereum superior to Bitcoin. Ethereum developers understand the importance of integrating Bitcoin into their projects and that without Bitcoin in mind their projects are dead. I'm only carefully in Cardano because Charles is an idiot that thinks his network can work without the others. It doesn't. But maybe he'll realize that Bitcoin integration should be his top priority. Who knows.
All projects that do not have Bitcoin in mind while creating their network are doomed to fail. Because in the end that's what people will fall back to if something goes wrong. If there is no reliable Bitcoin exit, people will not touch it with a ten foot pole.
Bitcoin has the biggest network effect, the highest trust and the highest security. People will not abandon it. The question every new network should ask is "What reason will people have to put their valuable Bitcoin they will defend with teeth and claws to put them on my network?" if Bitcoin is seen as project they can actually outcompete the long term value of that network will be, because it's a network people will leave to die.

>> No.30400416

>>30400320
*the long term value of that network will be 0

>> No.30400579

>>30400320
You sound exactly like people who shilled fiat over BTC in 2010.

>> No.30400956

>>30400579
This doesn't even make any sense. I'm telling it how it is and so far I feel pretty confirmed in my choosing in projects. XRP, BCH, BSV, LTC, Monero, NANO and whatnot. It's all useless trashcoins. If IOTA has no plans for meaningful Bitcoin integration it's just another on the list of shitcoins people will forget about.
AAVE, Compound, REN, ETH, BNB, SNX are projects that will exist longterm because they allow Bitcoin to be used in their networks or actively support Bitcoin. Networks need to be built around Bitcoin otherwise they are trashcoins that can only live off temporary hype but will be forgotten immediately after. ADA is still on the edge, let's see what the fuck they are doing. AVAX forgot to have a meaningful Bitcoin bridge and is dying.

>> No.30401278

IOTA already has partnerships and actual usecases, bitcoin has none of that so stfu

>> No.30401377

>>30400956
wrapped bitcoin will be on the iota network eventually. right now they are working on getting ethereum on the tangle too.

>> No.30401785

>>30401377
Eventually isn't good enough. Ethereum was a ghost chain until projects started to make use of wBTC. Projects are dead until BTC integration is reliable and makes sense to do so. Even if just to quickly trade Bitcoin quickly for stable coins. Bitcoin is the money attractor. Without it nobody cares about your ghost chain. If IOTA takes say two more years to have Bitcoin integration it will be two years behind in Metcalfe's law. Bitcoin could very well be 1 Million per coin by then. Who would honestly move their valuable Bitcoin to a dead ghost chain of things like BSC, ETH 2.0 and ETH L2 solutions exist? The true crypto race is who can make use out of Bitcoin the quickest

>> No.30401924

>>30400956
Monero is the most supporting coun of btc, thats why we have atomic swaps retard

>> No.30402134

>>30401924
Oh really? I didn't know that. I thought Monero wanted to be a Bitcoin competitor. If it's actually useful to Bitcoin it might be worth looking into. Monero threads on /biz/ just made me think it's a trashcoin not worth looking into because Monero shills seem to think it can replace Bitcoin. How do these atomic swaps work?

>> No.30402254

>>30401785
i personally think you are missing the point. bitcoin and iota are different projects with different goals. whilst i do think iota will have wrapped btc on the tangle at some point, even if they never did i wouldn't care (though being able to use wbtc on the tangle with no fees would add value to iota). iota is for the machine to machine economy, automation and the internet of things. it's just totally different use cases and focus.

>> No.30402539

>>30402254
Maybe. But let's say I have a fridge that automatically orders stuff when I need things. Why would I use Iota for that and not a Lightning Network or L2 Ethereum solution for that? I want to keep most of my money in Bitcoin. It's where I and most people in crypto feel their money is the safest. I do not want to hold Iota or whatever to buy things for my fridge. I'd rather manually convert my Bitcoin into Fiat to buy stuff than to miss a second not holding Bitcoin.
I agree that Iota out of all the Bitcoinless ghost chains looks the most interesting but if there's no Bitcoin integration on the road map it's really a too low risk reward ratio for me to invest.

>> No.30403255

>>30402539
fees and scalability. i mean that's the crux of iota. the lack of fees and its ability to scale is important for a machine to machine economy. a fridge that orders your food, or your car that purchases and sells road data, your house that manages entry permissions, selling your excess energy from your solar panels, these things and things like it require a token that can scale and isn't crippled by fees.

also, i don't think the consumer would ever need to hold iota. this would be a business usecase. in the case of the fridge there would be many ways the consumer would never have exposure, iota would be used behind the scenes for data and value transfer.

iota will live or die by the businesses that build with it. but it is setting itself up for a strong future.

>> No.30403342

>>30402539
Iota is not a payment token. As a matter of fact, you will never come in contact with the token unless your speculating with it.

>> No.30403382

>>30403342
absolutely wrong

>> No.30403554

>>30403342

payment use cases will pop up like crazy as soon as global free use cases will take off.

>> No.30403761

>>30403342
>Iota is not a payment token
Says who?
It's being used in several places in Germany already, widespread adoption is just a matter of time.

>> No.30403818

The entire world economy is going to become more automated with each passing year. I wonder how these trillions of different machines will transact with each other? If only there was some sort of tokenised network that could manage all of this this....

>> No.30403858

>>30403255
Fees are meaningless if I have to hold a weaker asset that's ultimately worthless in return. It's what I mean when I talk about dead shitcoins. BCH, BSV, Nano, Ripple even LTC all argue with fees and scalability. If you want low fees you don't use crypto. In the crypto world you are willing to pay fees, even if they are insane for security and independence. Look at Ethereum. Executing a smart contract on AAVE costs almost 200 bucks. People still do it. Because people are willing to pay that price for financial independence. It's why all these 2017 shitcoins that tried to make it about fees fail, while people would rather find workaround solutions in the form of LN or L2 to be able to be exposed to the secure network.
If people are given the choice between an LN or L2 IoT with a little bit of fees or an IoT with no fees but only with Iota, people will rather pay the fees because it allows them to hold Bitcoin or Eth or both.
And corporations are quick to change their mind when they realize where the money moves in the end. Corporations follow the money not the other way round.
As I said, it could work out but it's too high risk too low reward for me. Buy Iota on the chance that Bitcoin and Ethereum will leave Internet of things alone and that Iota can outcompete them? Possible, but not probable. Too high chance to end up as vaporware with no usecase

>> No.30403896

>>30403818
Exactly, the way IOTA manages transactions is perfect for IoT, that kind of practice is become more and more prevalent in the tech world, and IOTA is THE crypto that is perfect for that.

>> No.30403913

>>30403761
>>30403554
I think he meant that's not iotas purpose. The value of iota is brought by its utility not that its a great currency or store of value.

>> No.30404011

>>30403382
>>30403554
>>30403761
Well, the role of the token is to get access to the network not to pay your groceries with it.

>> No.30404037

>>30403913
If that's the point, then yes, that's not IOTAs purpose but it sure can be used as a currency.
The most likely scenario is the EU building their own digital currency, if they're going to use IOTA for that or not is an entire different thing as well, last time I read about it they wanted to make a digital currency that's not even build on a blockchain, which for me is unlikely and not very trustworthy.

>> No.30404159

>>30393804
Yep, people are retards. IOTA and Monero are the two only coins with an actual use case that I see.

>> No.30404199

>>30403858
well i fundamentally disagree with what you say there about fees not being an impediment. i'll leave it at that.

>> No.30404215

>>30403858
Most of your argument is appeal to tradition fallacy and its very noticeable. I do not believe BTC or ETH will die due to iota but you need to recognize the next step. All crypto is still in the price finding stage. Bitcoin was first preached as a currency and it will be better than fiat! Not its store of value! If you look at iota and compare it to bitcoin and ETH it can do both for free. But you are right it does need to earn trust but does it really take like to gain trust? I am going to say no. The strong willed ppl who will preach they will never trust it.. Well that's only a small percentage i do not mind them buying in later

>> No.30404268
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30404268

>>30403896
People mock the idea of the smart fridge, but that is a midwit low level view. The internet of things goes so much deeper than that. Literally every device will be made "smart" so that everything possible is automated.
Cars, appliances, energy, data, supply chain. Even just smart cities would be enough to put IOTA at number 1. And you best believe, smart cities will happen with the next 10 years.

>> No.30404372

>>30396070
I'll drop a red pill.
If IOTA becomes the base layer of the machine economy, projected at over 10 trillon by 2030, just 10% of that will make IOTA over $350.
Now that is just 1 use case, alot of plebs of biz do not understand the true value that will come from these technologies.
The synthetic/virtual economy is going to be the biggest economy that civilisation has ever seen. If all digitial creations can be scarce and valued (along with tokenization of real world assets) then without materials to create value there can be an infinitely expanding digital assets market.
A quadrillion economy is FUD and a network that enables this will be valued accordingly.

>> No.30404468

>>30403818

not only iot... iota will just lower (annihilate) the barrier of entry to paricipate in the economy for europoors, burgerlandpoors, pajeetpoors, and chinkpoors.

>> No.30404566

>>30404372
When you dig deeper, the use cases are immense- transport, trade and supply chains, customs and border management, digital identity, healthcare, smart cities. The potential is enormous, and as you say even capturing just 10% of all of this would balloon the IOTA price to crazy levels

>> No.30404672

>>30404566
You can literally integrate IOTA into everything that is transactional in every sense of that word, it's fast, feeless and incredibly easy to integrate due to transactions are processed in the network.
All it needs is the tools to give developers the means to implement it, a functional network and that's it.

2021-2022 is unironically the most critical year for IOTA.

>> No.30404682
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30404682

>>30404215
The argument of SoV vs Currency was settled in 2017 with the Bitcoin Cash fork. If BCH succeeded we could have this debate, but BTC is the one that proved that fees are meaningless if it means to keep security. It's not the purpose of crypto to replace PayPal. The point of Bitcoin is to be the secure backbone layer of finance. Bitcoin never had the power nor the intention to replace the entire financial world. Scalable solutions would always need to be off chain. BUT at the same time if we accept that Bitcoin is the ultimate reserve currency and ultimate store of value any economy needs to be built with Bitcoin in mind as its the one we will default to when economic entities like banks are found to act in bad faith and nothing that tries create an economic system without Bitcoin in mind can ever succeed. This is also not a new idea or a "change of narrative" it's always been in debate for the end goal of Bitcoin since it's early development days.

>> No.30404903

>>30404672
In the same way that back in the early 90's, nobody investing in the internet could have thought of everything it is used for today, we can only imagine the innovative ways in which this tech will be utilised in the future. These are exciting times - the sheer potential is mind boggling. Imagine having to pay fees on trillions of transactions per day kek, this one reason alone is enough to secure widespread adoption, never mind everything else. The future is bright, I don't buy into the doomer shit.

>> No.30405281

>>30404011
Says who?

>> No.30406069

>>30404372
few understand, the rich few

>> No.30406334

>>30404682

With smart contracts creating virtual machines
https://blog.iota.org/iota-smart-contracts-pre-alpha-released-40efad27994b/amp/

And iota oracle's

https://blog.iota.org/introducing-iota-oracles/amp/

I dont see how they couldn't implement bitcoin with ease. Which would solve your concerns right?

>> No.30406765

>>30406334
Sure the possibilities are there and it's why I don't completely give up on Iota unlike the other 2017 trashcoins. But it doesn't seem to be a priority and if there is no plans of Bitcoin integration it will take a long time before Iota actually picks up steam. Even after it does everything it promises to do. Look at AVAX. It is technologically superior to ETH but nobody moves there. Iota can do everything right and still end up as a ghost chain if it misses to integrate the fundamental backbone of crypto. If the Devs miss the opportunity window a different project will do what Iota does but with Bitcoin integration

>> No.30407558

>>30403858
anon, you ve been completely pavlovized. you re even a blatant case of stockholm syndrome at this point. iota will be the first secure L1 feeless network. hence the value proposition.

>> No.30407801

>>30393864
It can still make me rich

>> No.30407904

>>30398872
Fuck off bitcoin will die

>> No.30408248

>>30407558
I've lost so much money buying Bitcoin killers. They universal experience is trash. After I shifted my strategy to Bitcoin supportive coins the money started pouring in. I'm not a Bitcoin advocate, I just learned the hard way that a future in crypto without Bitcoin isn't possible and any project that fails to realize this is on the quickest way to become useless vaporware

>> No.30409455

>>30406765

could you please tell me which project integrating bitcoin was profitable for you?

>> No.30409898

>>30409455
Already made my list here >>30400956

>> No.30409906

IOTA will soon release a quantum safe crypto
The next day bitcoin is broken by Schnorrs new method

Youvw been warned

>> No.30410672

>>30409898

aw.

we re clearly not on the same wavelength