My two cents:

IOTA is getting some heat from a lot of people from what I've seen lately... I'd say it's because of this tweet. and many writers have blown it out of proportion..

1. People are claiming this to be a direct quote from MS, which is bs because anyone can get on Twitter and make statements like such^.

2. IOTA cleared this up already, people just need to catch up... read here.

3. All this hate that came out of the blue, which I'm seeing everywhere (the sub reddits, slack, twitter etc.) leads me to believe that there could be a ploy against IOTA with paid shills.. I've been lurking around the community for a long time and I rarely saw anything negative.

4. Whether the hate is organic or manufactured all this means to me is that IOTA is doing something right and is causing the pot to stir. When most of the current leaders were on the rise they received constant hate but they were able to overcome it.

5. Downtrends mean nothing if the companies future plans are able to reveal its true value

Your IOTA seed is like your private key (similar to bitcoin and ethereum). It is 81 Characters in length. With it you can open your wallet on any computer and generate addresses on which to receive IOTA.

How to create a seed

Generate your seed on linux:

cat /dev/urandom |tr -dc A-Z9|head -c${1:-81}

Generate your seed on Mac:

Open Terminal and type or paste the following then press enter:

cat /dev/urandom |LC_ALL=C tr -dc 'A-Z9' | fold -w 81 | head -n 1

Generate your seed online:

You can generate your seed online using this website https://ipfs.io/ipfs/QmdqTgEdyKVQAVnfT5iV4ULzTbkV4hhkDkMqGBuot8egfA

• Be extremely careful when using online services.

Warning:

Keep your seed private, do not share this with anyone.

Yes, to sum it up, the market is about to figure out if future improvements are already priced in or not, but we all agree it's a temporary bear market.

IOTA is the only credible non-blockchain alternative coin out there, IMO that explains the market cap, and it should be a little higher on the https://coinmarketcap.com/ list, some useless coins are still sitting in the top 10.

Be patience... no company in the world is able to build a complete technology and a team in such a short time. We will see result in one or 2 years. Bosch and other companies are pushing their developments very hard... IOTA is to big to fail with these investors. In the worst scenario they will take it over because the invested to much. It is absolutly normal managers are fighting. We have still a big win since last year without any big and finalized developments.

BTW: See here like the overall feeling is: https://alternative.me/crypto/fear-and-greed-index/

Even though this article is quite accurate on financemagnates.com, there is one crucial factor missing: The starting point of the whole communication disaster is not the "name dropping" on IOTA's website, as the report suggests, but the first report of "The Next Web" on the marketplace launch.

A headline such as "IOTA launches data marketplace with renowned participants" would have been correct and exactly what was and is to be read on the IOTA website. But that may not have been spectacular enough for the editor. He wrote beyond the truth: "Microsoft and IOTA launch first cryptocurrency market".

https://thenextweb.com/hardfork/2017/11/28/iota-microsoft-data-marketplace-cryptocurrency/

He - not IOTA - goes even further and expands each participant to partners: "IOTA has partnered with Microsoft, Fujitsu, and twenty more companies". What is the basis of this partnership statement? Does TNW have more insider knowledge? Or is it just a groundless exaggeration based on the single Microsoft quote? This is the starting point of the so-called "IOTA partnership lie". TNW has invented this nonsense and composed from half-truths and single texts of the website. It is the pinnacle of dubious journalism that the same news site then sells the self-propelled nonsense as a "IOTA lie scandal" and instead of admitting that it was fabricated by itself in the first place.

Your IOTA seed is like your private key (similar to bitcoin and ethereum). It is 81 Characters in length. With it you can open your wallet on any computer and generate addresses on which to receive IOTA.

How to create a seed

Generate your seed on linux:

cat /dev/urandom |tr -dc A-Z9|head -c${1:-81}

Generate your seed on Mac:

Open Terminal and type or paste the following then press enter:

cat /dev/urandom |LC_ALL=C tr -dc 'A-Z9' | fold -w 81 | head -n 1

Generate your seed online:

You can generate your seed online using this website https://ipfs.io/ipfs/QmdqTgEdyKVQAVnfT5iV4ULzTbkV4hhkDkMqGBuot8egfA

• Be extremely careful when using online services.

Warning:

Keep your seed private, do not share this with anyone.

But iota can also become the next omni.

Unless the coordinator gets turned off this coin is going nowhere but down. They can add 100 people per day to their team, their results are just mediocre at best. An ethereum comparison is laughable.

Let s see what happens.

" U.S. individual customers will no longer be able to provide financing on Bitfinex effective November 9, 2017. All U.S. individual users must make arrangements to withdraw their Digital Tokens by November 9th."

https://www.bitfinex.com/posts

Apart from that, all is speculation yet.

Use bitfinex, its your only real choice.

If you want to check these things, use coinmarketcap.com and find the coin you want to check and click the markets button and it will give you a breakdown of all the markets trading and their volumes. You can go from there.

https://coinmarketcap.com/currencies/iota/#markets

As you can see, Bitfinex is the only proper exchange with it listed currently.

More to follow soon I expect.

Easiest, fastest, and cheapest way is to purchase ETH (cheaper fees than BTC) on Coinbase then exchange on Binance...

https://thenextweb.com/hardfork/2017/11/28/iota-microsoft-data-marketplace-cryptocurrency/

"“We are excited to partner with the IOTA Foundation and proud to be associated with its new data marketplace initiative,” said Microsoft blockchain specialist Omkar Naik."

pay attention on marketcap vs volume

not just volume alone

market cap can be deceitful if the coins in circulation is only a fraction of total coins. and that's what happens in iota right now

it's like we all buy & sell a small % of iotas, while big whales hold the 90ish% (just an analogy)

hence when the whales dump just another 2-10% of total iota, price drops 20-50%

https://coinmarketcap.com/currencies/iota/historical-data/

lets see the data from link above:

todays volume (transaction) : 20 Million

2 days ago: 12 million (someone(s) dropped a 8 million tx.. )

4 days ago: 8 million

if you see all the way to last 30 days, we can take a rough average: 14Million for 24hrs volume.

market cap: 1Billion

means on average, only 1.4% being circulated -.. so when suddenly in past couple of days, big players dropped a 8 million (0.8% more than half compared to 1.4%) worth of iota in the exchanges, price fell significantly.

this won't happen if our volume is 5% of our marketcap.. like in litecoin & ethereum. it will take more than 0.8% to shaken the price significantly

sidenote:

litecoin & ethereum was/is mined and has been around for quite some time. while iota was "pre-mined" , therefore I believe there are more whales in iota than in ethereum.

and so to me, having big whales selling their iota is a good thing for more diverse ownership

u/WeUpInThisBitch I've never heard of Iqoption, I'd be very careful from buying from there.

For markets to buy look here -

https://coinmarketcap.com/currencies/iota/#markets

Binance and Bitfinex are recommended. You will need to buy Bitcoin via Coinbase or LocalBitcoins first and send it over.

For wallets download the latest 1.5.1 release here -

https://github.com/iotaledger/wallet/releases

Try it out now!

+1 Miota u/iotatipbot

Bitfinex announced that US customers will be kicked off - https://www.bitfinex.com/posts/227

Although I am not affected, I moved over to Bittrex and Binance as both cover pretty much all coins (and then I use Coinbase/GDAX for fiat).

I personally feel that people should get off Bitfinex (for me the most annoying part is that I get logged out every 4 hours). Binance is a good option and I trade mostly there - it also has no restriction on US customers.

Shameless blog plug on how to signup to Binance, transfer funds from Coinbase via GDAX and avoid dust-coins: https://www.naschenweng.info/2017/12/26/start-trading-cryptocurrency-binance/

It's just to do with the sheer number of iota in supply..

Look here: https://coinmarketcap.com/

If MIOTA had the same market cap as BTC, with the same supply, you'd be looking at $191,024,613,622/2,779,530,283 MIOTA = $68.73 / MIOTA.

For it to hit $1000, you'd have 2,779,530,283 MIOTA * $1000 = a market cap of $2.78 trillion.

For reference, using a hastily googled source, the market cap of gold could be somewhere between $7.07 trillion and $103 trillion.

Possibly, but not likely, or quickly.

Ok, so everything everyone here has mentioned have been phone apps. Not everyone is glued to their phones, however, so here is a site with similar functionality: https://www.cryptocompare.com

If anyone has any better/alternative sites please post them

Okay okay.. do you think this is an indicator of price?

https://trends.google.co.uk/trends/explore?q=iota

& looking like we are set up for another rise on the 1wk chart

https://cryptowat.ch/bitfinex/iotusd/1w. Settled very high on the candle

Buy Ether on anycoindirect, a company registered in the Netherlands (EU law), pay with Giropay (instant payment), swallow the ~6% fees and send your ETH to Binance. Buy IOTA on Binance.

Takes around 6 minutes to complete.

Isn't the whole point of A Random Walk Down Wall Street that active management will underperform the market in the long term, therefore we should index our investments as opposed to active management? Which would back up my point that looking for flags or other patterns in the chart data is a waste of time because otherwise people would be better off doing that, or finding a fund manager who can.

what do you mean? there is just one wallet there. that's just for different operating systems. if you have windows, download the 'exe', if you have osx download the 'dmg'.

alternatively, you can also download the Android wallet: https://play.google.com/store/apps/details?id=org.iota.wallet

Regarding going to Court, https://www.notion.so/cleaniota/FAQ-4c2230d29e9447df93d759fd1fbc2227

Dom is redirecting money from the non-profit he controls to his girlfriend's company.

A company he created.

Please explain how that could be possibly right.

You clearly haven't read it. There is a bit of everything: dIsfunctional leadership, backstabbing, greediness, fights for the control of the Board, insider trading, nepotism, breaches of contracts, fraud (unclaimed tokens), using non profits for personal enrichment, sharing insider information, tax evasion, lies about adoption and traction, scam exits (Bithaus), verbal abuse, censorship, continuous misrepresentations to investors and the Community, schemes to increase the price of the token and attract investors...

https://www.notion.so/cleaniota/Leaks-27a07d093cd241a2badeb027f92ed83a

A lot of "fundamentals".

Selling IOTA there, and buying a proportionate amount back at Finex?

Or going long? https://coinmarketcap.com/currencies/iota/#markets

It'd be a hard gulp to buy $.40+ there right now.

Anyhow have a good day too :)

Just look at BTC/IOTA pairings on one of the big exchanges with 1d or 1w candles to see how much the price differs from the BTC movement.

https://www.binance.com/en/trade/IOTA_BTC

Imo the IOTA/ETH chart is more relevant. For the time being BTC has been succesfully framed as a store of value. ETH however, being the number one altcoin, is facing some serious "No Bueno" problems and competition.

https://cryptowat.ch/charts/BITFINEX:IOTA-ETH

Ye thats the thing though. I've never heard of Binance before. Is it a new exchange?

edit - https://coinmarketcap.com/exchanges/binance/

Okay they have $97M in daily trading volume.

Wtf is Binance Coin?

I have the same question as OP, I dont want to lose access to my coins on Bitfinex since we dont know exactly how strict it will be enforced. For OP: https://coinmarketcap.com/currencies/iota/#markets

The markets tab is a good source of this info.. its not great looking.. it has me thinking it will affect the price of IOTA in time being so hard to get.

Sure, download a VPN like NordVPN, set your location as somewhere Bitrue allows deposits/withdrawals (like Europe), and then log into Bitrue/Binance/etc. I did Bitrue because they don't require KYC under a certain amount.

Also noticed that. If you check the overview on https://www.bitfinex.com/ you see that whenever BTC is positive, (alsmost) everything else is decreasing in value. Same goes the other way around. Many people hedge their alts with BTC

Another reason to be concerned is price haven't climbed back at all since monday, -> it loses ground to other coins -> looks like there is no interest even it's coming to other exchanges soon (?). Volume has gone slightly up but if you see bitfinex trade levels most transactions are less than 50 mIotas... Good thing is price has settled to that predicted $0.19-.20 level.

https://coinmarketcap.com/currencies/iota/

well, wait and see. currently trying to sell all Iotas at +0.22 and buy back when it goes below that...

What are you talking about? A link would be helpful. Granted, a little more empathy would suit many. But I have seen a lot of that in the discord as well. But objectively speaking, it's obviously a mistake, 100k on a seed. And to store that without a hardware wallet.

​

I really feel very sorry for every victim and I am glad that the IF reacted in such a calm and professional way to firstly protect the victims and secondly prevent further victims.

​

Furthermore, I would not speak of censorship, but of the use of a security feature that we all knew existed. Admittedly, many of us would have preferred to remove the coordinator today rather than tomorrow. But how would we view the Iota Foundation if it had not used this existing feature? Then what would the feature be for?

And I doubt that the project is dumping it. On the contrary, the "grown-up" approach to the difficult situation is more likely to support long-term success.

​

Translated with www.DeepL.com/Translator (free version)

Its the middle column here

The Red bar represents a set % (which can be changed at the top of the box with a percentage scroll from anything between 1-20% of the spot price)

The Green part represents the buy orders. And you can even scroll your mouse on the top or bottom asks or bids (on the right sided column) and it'll show you where it is on the coloured orderbook

On this link https://www.binance.com/trade.html?symbol=IOTA_BTC, if you click on "Depth" instead of "Candlesticks" (top right corner of graph) you'll see a comparison of where automatic sell or buy orders are set. A "sellwall" is when there are a lot of sell orders at a specific price, for example when bitcoin was at 10k there was a gargantuan sellwall because so many people felt that was either the peak or their personal goal for BTC returns. Same thing can happen with a buy wall which prevents a coin (or any asset) from going below that level until it's entirely bought up.

Everybody making money from trading (exchanges, brokers) is promoting TA, because it lets people trade more and they make more money.

Simply look at all those TA predictions at Tradingview.com . When you are following these 'analysts', you will find out that many are deleting their losing predictions.

The worst of all TA promoters are those Elliott wave disciples. I never have met an Elliott wave promoter who in the long run has been making money. After the fact they always can show you a count which is proof why a stock/coin went up or down. Problem is, that their successful counts are working always only after the fact and not when the ball is still rolling.

I always find these types of psychological questions fascinating. Like when you decrease time to purchase it increases sales. I wonder if we don't see something similar at play in the coming weeks: https://pay.amazon.com/blog/decreasing-checkout-times-to-increase-sales

By increasing the time to send, we will increase engagement and activity on the network.

To be honest, it's the only coin I have seen mentioned outside of the crypto markets that is not bitcoin.

I'm a programmer and have a side hobby of embedded electronics and have seen Iota mentioned many times within the industry.

Case and point, here are 23 iota projects in the iot community that the crypto community probably haven't even heard of:

https://www.hackster.io/iota/projects

I dont know why youre doing this to yourself but here is the changelog when they put the dust protection on the Chrysalis pt 2 testnet:

@everyone The Chrysalis testnet was updated today. Most notably, this update extends messages to support more than 2 parents. Additionally, we also made changes to the dust protection.

Changelog: * Messages have been extended to allow for up to 8 parents (dynamic). For now, a call to /tips will return up to 4 parents to reference. * It now implements the updated dust protection according to RFC 32. Notably, max 100 dust outputs are allowed on an address and 1Mi of dust allowance allows for 10 dust outputs to be deposited. * The network ID has been changed to testnet3. * The genesis snapshot is new and the total supply resides on address atoi1qx82lpavrafwkp0jclqvz4gzm7vs5g5g8rwr00gcm62s8456l5jh67vutux/8eaf87ac1f52eb05f2c7c0c15502df990a228838dc37bd18de9503d69afd257d. * The Coordinator starts publishing milestones from index 0 on-wards again and milestone public keys remain unchanged.

For more information and how to update your own Hornet node for this new version see: https://hackmd.io/@XFC6dFQkSiOpICDucms41Q/SJemivuxO

Download the newBirdchain app.

https://play.google.com/store/apps/details?id=io.birdchain.app&referrer=vPvkeG2AP6

Sync problems with different phones/backup problems are among these reasons why you should dump Google Authenticator and switch to Authenticator Plus.

Auth. Plus is running circles around Google's product. It's like comparing a Porsche to a VW Beetle. When you have driven a P. you won't look back.

​

Authentcator Plus has an 4.7 out of 5 star rating (more than 2000 ratings) and costs about 4 USD. But is worth every penny.

​

Thank me later, when you have lost your phone and all auth codes are backed up & ready to go with your backup/new phone. PS: Auth Plus can import all Google Auth codes.

​

https://play.google.com/store/apps/details?id=com.mufri.authenticatorplus

​

​

​

My friend ordered T-shirt and hoodie from here, he was pretty happy about them aswell.

Shirt

Hoodie