I am considering investing on this altcoin but im still not sure since iamnotback addressed some valid concerns on the project and I want to invest in something long term not in something that has flaws and will have to deal with big problems in the future. I wish someone did a coin strong enough that it will not meet dead ends eventually but the question... this coin may not even exist. All coins may be cornered into hard forks and controversial situations in a long enough timeline.
You also know that I told you (and others in private) that Byteball might be one of the best of tiny marketcaps to speculate on. If they had given away Bytes to every Bitcoin HODLer, I expected a selloff. But instead apparently what they did is only distributed to a very few who bothered to show up on time, so the coins have been concentrated amongst for example ICONOMI got roughly 9% of all Byteball issued. So perhaps the selloff won't be forthcoming. I dunno because I haven't been following it in detailed study since.
Nothing is perfect. And they could potentially improve over time.
But the flaws I outlined are somewhat onerous, especially their transaction fee design appeared entirely unscalable to me unless they've since changed it or clarified something I didn't know.
Given it is held by whales, one could probably expect a pump at some point.
Yeah that is why I said long term... sure short term it may pump and holders can make a killing, but yeah who knows what big holders will do when it pumps a bit.
I was also considering ICN for a short term pump when it was 4xx... luckily I didn't bite the bullet cause it's tanking. Never liked the idea of having to trust some random people to invest for me but fuck at least I expect a good short term pump reaching 1 dollar.. looks like I dodged another opportunity to lose bitcoins.
Byteball graph looking good, but ICN graph was also looking good... till it went downtrend. I think I may not risk it, but then again... ETF about to be decided, and now im worried about Jihan Wu antics too... maybe it is a good time to expose your BTCs to some risk.. taking decisions makes my head hurt, too many variables and I dont want to lose my hard earned BTC tbh.