Topic: [GBYTE] Byteball Speculation - page 17. (Read 41908 times)
What does everyone think will happen after the last airdrop? Isn't the high price over the last months more of a reflection of everyone trying to buy to gain more GBYTE? When there are no more airdrops to come, it might come WAY down to a more realistic price to match it's coin supply? Hard to tell.
Well, I would say it was a good decision in the aftermath. The price has collapsed nearly by two third after the last distribution. Of course, one major reason was the general downturn of altcoins but if you sold at $950 you can buy cheaply back and profit much more on the next distribution.
You are right, it usually a 20-30% drop right after the distribution. I was to greedy to sell before the last distribution around 950 USD. Now I really regret it!
the best is to sell right before the distribution... the price drops A LOT after it.
even when the market stabilize, you should do that.
even when the market stabilize, you should do that.
You are right, it usually a 20-30% drop right after the distribution. I was to greedy to sell before the last distribution around 950 USD. Now I really regret it!
the best is to sell right before the distribution... the price drops A LOT after it.
even when the market stabilize, you should do that.
even when the market stabilize, you should do that.
You are right, it usually a 20-30% drop right after the distribution. I was to greedy to sell before the last distribution around 950 USD. Now I really regret it!
the best is to sell right before the distribution... the price drops A LOT after it.
even when the market stabilize, you should do that.
even when the market stabilize, you should do that.
The distribution is both a reason for the price of GB going up and for it to remain constrained. Until the free distribution ends, there will be dumpers. You would be better off waiting for the final round before taking a call on entering.
depends. if you buy some now you get that extra byteball. of course there's a chance you'll be able to buy all you want for far less but it's not guaranteed.
the dump was very interesting today. it seems like everyone had their watches set on a couple of hours before the distribution to dump.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
There were 2 dumps - One initially after the snapshot was taken (GB holders hoping to catch in on cheaper byteballs)
And the second one after the distribution took place.
In either case, we should wait for the dust to settle down before we look at the market cap of byteball.
i've decided to wait more. and this wait meant i finally invested all i had on bittrex in litecoin!
i am still watching Byteball though. this coin really interests me and i want to invest in it but as you said i have to wait for the dust to settle and i think it has not yet. i'll probably wait for bitcoin's fate to be determined and price rise to start them invest in it. since bitcoin fall seems to be taking altcoins down with it!
The distribution is both a reason for the price of GB going up and for it to remain constrained. Until the free distribution ends, there will be dumpers. You would be better off waiting for the final round before taking a call on entering.
the dump was very interesting today. it seems like everyone had their watches set on a couple of hours before the distribution to dump.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
There were 2 dumps - One initially after the snapshot was taken (GB holders hoping to catch in on cheaper byteballs)
And the second one after the distribution took place.
In either case, we should wait for the dust to settle down before we look at the market cap of byteball.
i've decided to wait more. and this wait meant i finally invested all i had on bittrex in litecoin!
i am still watching Byteball though. this coin really interests me and i want to invest in it but as you said i have to wait for the dust to settle and i think it has not yet. i'll probably wait for bitcoin's fate to be determined and price rise to start them invest in it. since bitcoin fall seems to be taking altcoins down with it!
que only question is.. if bitcoin price goes down after august first, byteball price will decrease consequently.
Or even the inverse can occur...both prices goes up.
Or even the inverse can occur...both prices goes up.
there is no byteball-usd market yet, the coin is priced in bitcoin, so the price of BTC in dollars doesn't affect the price of byteball
it will come up again, we just need to go through bitcoin storm
I agree. Just wait until September - October. Slower distribution (from Airdrop n. 10) will also help to stabilize the price.
it will come up again, we just need to go through bitcoin storm
Even currently byteball going down but it gave huge profit for investor like starting from 19$ and reached 700$+ in 7 months no other shares in the world can give this much profit. Byteball is having huge potentiality to coming back .
We are seeing the combined effect of distributions dumping and bloodbath in the altcoins market. We can pass through this.
I'm "moving" this post here from the main Byteball thread.
I did my own math on the number of rounds left:
If the rules stay the same (0,2 byte per byte + 0.0625 GBYTE per BTC), and assuming 44% more Bitcoin linked per round, there are 3 rounds to go.
44% might be a low estimate, in the last 2 rounds the amount of Bitcoins linked (more or less) doubled.
I did my own math on the number of rounds left:
If the rules stay the same (0,2 byte per byte + 0.0625 GBYTE per BTC), and assuming 44% more Bitcoin linked per round, there are 3 rounds to go.
44% might be a low estimate, in the last 2 rounds the amount of Bitcoins linked (more or less) doubled.
que only question is.. if bitcoin price goes down after august first, byteball price will decrease consequently.
Or even the inverse can occur...both prices goes up.
Or even the inverse can occur...both prices goes up.
I think it will further go down until 0.21 or even 0.2. This is a solid bottom to surge again. I watching the Bittrex order books and I have already seen more buy orders coming in. The more interesting question is if Byteball surpasses 1000 USD until the next distribution. So far, before every distribution the price was higher than all distributions before.
0.23 seems to be a good support level, it should climb from here.
0.23 seems to be a good support level, it should climb from here.
the dump was very interesting today. it seems like everyone had their watches set on a couple of hours before the distribution to dump.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
There were 2 dumps - One initially after the snapshot was taken (GB holders hoping to catch in on cheaper byteballs)
And the second one after the distribution took place.
In either case, we should wait for the dust to settle down before we look at the market cap of byteball.
the dump was very interesting today. it seems like everyone had their watches set on a couple of hours before the distribution to dump.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
what do we think here?
i am waiting for a bottom to pick some additional bytes for HODLing. don't know where the bottom is for now though.
If you buy Byteball via the in-built trading bot, you can get Byteballs 10-20% cheaper than on Bittrex.
As usual price dropped around %20 compared to the price before dist. Now, I expect %5-7 more drop and stabilized price until next phase.
Considering this would be a good way to enter in and short before next dist. phase.
Considering this would be a good way to enter in and short before next dist. phase.
Jump to: