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I read the first few pages of the IOTA whitepaper, including some of the math parts. I have basic undergrad math ability and although I'm not familiar with many

I read the first few pages of the IOTA whitepaper, including some of the math parts. I have basic undergrad math ability and although I'm not familiar with many of the concepts, most parts make sense to me and are quite thorough. It sounds like OP is trying to manipulate the market. People who own a lot of crypto like OP generally aren't the kinds of people who would write articles for the public interest. It sounds like OP sees an opportunity to bring the price down in order to get a better deal on their next purchase.

marcusestes 9y ago
You don't think the concerns he listed about the instability of the network, current centralization of nodes, and the fact that one of the founders offered to buy his silence are legitimate complaints?
- jondubois 9y ago
  About centralization: IOTA is not any more centralised than Bitcoin where a very small number of people control most of the miners and exchanges. The difference between IOTA and Bitcoin in that respect is that Bitcoin can only get worse whereas IOTA can only get better. I don't believe that the founder of IOTA would buy OP's silence in such a blatant way. There are tons of people bashing IOTA all the time - The founder would go bankrupt if he tried to pay everyone off to buy their IOTA... And why would the founder want to acquire IOTA if it was in fact such a toxic asset as claimed by OP? It just doesn't add up.
  - y_u_no_rust 9y ago
    The security of the IOTA network depends on their centralized coordinator node which isn't even opensource.. it is one of the most centralized cryptos in existence today
empath75 9y ago
The cult like behavior of crypto adherents is really off putting. You guys are going to be in for a hard fall when the wheels come off.
- junk_f00d 9y ago
  What was once friendly enthusiasm has become hard lines and jagged edges with organized shilling campaigns from all sides. It's quite off putting as someone who spends a lot of time in these communities. It's hard to even ask technical questions or address concerns without being named a "FUD'er", and I don't think it's changing anytime soon.

marcusestes 9y ago

You don't think the concerns he listed about the instability of the network, current centralization of nodes, and the fact that one of the founders offered to buy his silence are legitimate complaints?

jondubois 9y ago
About centralization: IOTA is not any more centralised than Bitcoin where a very small number of people control most of the miners and exchanges. The difference between IOTA and Bitcoin in that respect is that Bitcoin can only get worse whereas IOTA can only get better. I don't believe that the founder of IOTA would buy OP's silence in such a blatant way. There are tons of people bashing IOTA all the time - The founder would go bankrupt if he tried to pay everyone off to buy their IOTA... And why would the founder want to acquire IOTA if it was in fact such a toxic asset as claimed by OP? It just doesn't add up.
- y_u_no_rust 9y ago
  The security of the IOTA network depends on their centralized coordinator node which isn't even opensource.. it is one of the most centralized cryptos in existence today

empath75 9y ago

The cult like behavior of crypto adherents is really off putting. You guys are going to be in for a hard fall when the wheels come off.

junk_f00d 9y ago
What was once friendly enthusiasm has become hard lines and jagged edges with organized shilling campaigns from all sides. It's quite off putting as someone who spends a lot of time in these communities. It's hard to even ask technical questions or address concerns without being named a "FUD'er", and I don't think it's changing anytime soon.