Topic: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, GoByte Pay - page 72. (Read 107266 times)

If you mine st altminer please use GBX dedicated port 10000 which is really stable

Thanks for mining!

now price down but believe go up
and there are best pool? who there mine? alminers or unimining?goodluck!     

Price still on the lower side after dip. Hope to see it up soon!

Since there is a continued interest in this offer, I decided to start collection for GSM-GBX002 Shared Masternode. More details and detailed TOS are here https://discord.gg/k8Maym

Keep up the good work GBX team, price drop is just temporary!

Hi all!!!

GoByte has a new Masternode hosting service support, it is now open at https://coinwatch.center/ as well as Merchant API

The developers clearly continue to modernize the project, develop it. I assume that by the middle of 2018 we will see a good and stable growth of the coin.

If anybody intrested in shared MN's  https://coinwatch.center

All GBX MNs holders should just hold. But some are easily scared at the first dip. As for the who, we have a lot of competitors out there.

Ah damn, I was interested as well, but my btc to gbx xfer didn't go through in time and got held with 0 confirms. Hopefully there will be more group stake ins

I could have had a GBX mn from days of mining, but decided to sell when the price skyrocket due to cryptopia listing

All 20 seats are paid for. Thanks for the interest everybody!

Don't trust the prediction, trust the roadmap. We're about to release an important core update. The whitepaper + new website + mobile wallet and payment gateaway will follow. I started to meet french lawyers for establishing GoByte legally and turn it into way more than what it is now. The more we'll work, the more we'll build up confidence, the more people will buy for long term hold The price will follow.

As for the coin's emission being too high, mining being rewarded with too much coins, maybe there is a few others variables : there is only 239'000 coins in circulation and 205 MNs, that mean more than 80% are locked for people who might want more MNs (and the coin emission will decrease by 12% every year). At the moment, I can see 5k GBX on selling orders and more than 10 BTC on buy orders, it's far away from what I saw with XYLO. Plus.... seriously, XYLO ?

I found it recently and need more info/time to confirm how accurate it is but posted here to share this good looking picture.
Everyone must decided himself if want invest in to it.  
As masternode owner I definitely will follow this site and obviously entire GoByte project all the time.

What is trust level of this predictions I mean on this platform, site??

Im not worry and believe in GBX!

https://walletinvestor.com/forecast/gobyte-prediction#predicted-prices

Don't worry guys. This kind of volatility is expected. But in 2018 we can see 300k sats price

1. Correct
2. Correct.
3. Correct. Except the "I assume/guess this was the dev ". We have no market implication nor safety fund for market risk management and manipulation as some exchanges request.
4. Don't compare us to MAG or XYLO. Don't want to hate but.... :|
We don't have broken code, we don't sold our MNs with a fixed sum, everyone bid as high as they wanted. We are sticking to our roadmap. And the last thing, we are waiting for January 2018.

If anybody is asking why the price goes down, there are several explanations:
1. the mining reward is too big, it generates too much coin in a short time. 24 blocks per hour x 24 hrs=576.
576x15= 8640/day.
At price of $30, this would mean ~260,000 usd/day.
Pouring the equivalent of 1 million $ every 4 days is too much, the market can't absorb this volume at current levels. Also, this would mean a capitalization of 365x260,000 = ~95 mil $ in one year.

So the price must go down. At least temporarily.

2. The starting price of $10 is somehow arbitrary, since there is no economical value behind, only perception and user sentiment. While the initial request to buy coins was motivated by the high roi, obviously the price increased up to a very high level. But as the market gets saturated with the new coins, the price will 'calibrate' to a lower level.

3. As I was pretty active on this market on cryptopia, I noticed that during the last 3 days, with very few exceptions, there were mainly 'sell' transactions. People wanting to buy knew that they just have to wait and the order was being filled slowly.
However, there were some spikes in buy, looking like somebody was willing to spend some coins just to raise the price by several %, and it raised the price for a short time, then continuing the downtrend.
I assume/guess this was the dev

So, price will go down for a while, it's hard to stop it now because there are very few buyers with high volumes.
It will stabilize to a certain price. As it goes down it and some people will sell their mns, it might attract new people etc.

Before you jump in and tell me that I want to push the price down to buy coins cheap, just take a look at other 2 pow+pos coins, MAG and XYLO.

This forecast makes some noise in my head, will follow to check predictions