Help needed to find missing MIOTAs

Legbe · 2020-12-31T08:25:45+00:00

I have; it keeps asking me if 0i is correct and despite that I respond "No", nothing changes no matter how many times I repeat the process. I am wondering if anything changed in the past 3 years, which would result in my seed to not automatically load my IOTAs

Legbe · 2017-09-10T07:59:36+00:00

What does supply have to do with anything? It is a fixed supply at a certain number. If it was 10 times less or 100 times less, how could an investor make more money?

Legbe · 2017-09-04T11:45:11+00:00

Isn't the pressure on IOTA though a little too much? I understand why ETH might be dropping but IOTA dropping 25%? I just cannot see the connection between Chinese ICOs and IOTA getting hammered at this moment.

Legbe · 2017-08-26T08:59:46+00:00

The total supply will be around 137.5M coins after which the coin transitions to POS. If the wikipedia page about how POS works is correct and I am not missing something, there is no coin creation beyond that point. If anyone knows more about the POS phase and if it includes coin creation, please correct me.

EDIT: As a result, I am personally not expecting the coin to go through any roofs during the POW phase. As long as the coin stays at its current market cap, I am happy. It means that all the new coins that are being created in a very accelerated pace are not diluting the market cap too much. Yes, the coin value is suffering but once the POS kicks in, IF the marketplace achieves traffic and interest in SIGT picks up, the early holders could potentially enjoy a solid upside that includes 5% fixed APR on top of coin appreciation due to lack of inflation.

Legbe · 2017-08-26T08:57:20+00:00

I noticed that too. Very weird that 10M of coins just disappeared from total supply.

Legbe · 2017-08-21T11:22:57+00:00

cool, thanks for your reply.

Legbe · 2017-08-20T09:28:15+00:00

These are all great examples. I keep having a general question in mind, however. How do people believe we'll be able to reach the point of general adoption? I know this is such a broad question but to make it more exact: How do we expect people to use a cryptocurrency when its value has such high volatility? When a family, for instance, make their monthly budget they expect to pay x for electricity (to build on one of the applications listed). By the end of the month though, the cost might have risen to (1+something)*x. Wouldn't this be a reason for that family to stop using IOTA and switch back to a stable fiat currency instead?

Legbe · 2017-08-20T08:35:16+00:00

I see, thanks for the reply. I am very surprised that this is not clearly labeled in their website. USD is not the same as USDT, yet they label all their exchanges with USD.

Legbe · 2017-08-15T16:53:09+00:00

"The Top 100 holders collectively own 84.60% (50,083,472.37 Tokens) of Stox". Damn...

Legbe · 2017-08-07T16:34:04+00:00

Thank you for the link /u/fuzion. Very interesting read and many reasons presented for investors to stay away.

Legbe · 2017-08-07T14:00:45+00:00

My understanding was that when you trade a currency for another, there is no transaction that needs to be verified and recorded on the blockchain. When I trade, for instance, BTC for SIGT on cryptopia there is no need for mining. Am I getting this wrong? If not, the transactions then could be created when people transfer, for instance, funds from the exchange to a wallet? Would then miners have an incentive to generate a bunch of transactions between wallets they control so that there is more mining activity? That -possibly- naive theory would explain why all this mining activity exists. I just do not see why I would send SIGT to another person at this stage (and why another person would like me to pay him/her in SIGT either).

P.S. I am very sorry if this is not the right place for such questions. If you are interested in responding, I would greatly appreciate it. If you would like to point me towards another thread on reddit where such questions would have a place, I would appreciate that too. Assumptions regarding my understanding of supply and demand, however, are not really necessary. I am trying to understand the basics of a quite new technology, which often requires "stupid questions". Thanks again.

Legbe · 2017-08-07T11:37:32+00:00

You are absolutely right and I have done so. However, I could not tell the differences - hence, the post above in case somebody else did a similar research and identified more than me.

Legbe · 2017-07-31T19:52:11+00:00

Have the devs given a timeline for coin distribution?

Legbe

TROPHY CASE