Speculators are the only kind of users despised by Byteball. Speculators make a coin less volatile.
Byteball foundation will NEVER be airdropping bytes to exchange users (althrough it would be a good move to get more users aware of Byteball), because among them are the personified evil: speculators which only cares about profits.
The reality is: Byteball foundation should not care what users do with their money. But it cares, they don´t treat all users/new users fairly as stated before.
Byteball foundation will NEVER be airdropping bytes to exchange users (althrough it would be a good move to get more users aware of Byteball), because among them are the personified evil: speculators which only cares about profits.
The reality is: Byteball foundation should not care what users do with their money. But it cares, they don´t treat all users/new users fairly as stated before.
Is that really true? Can you give examples where Byteball leadership or foundation is talking negative about speculators/investors?
I do remember one tweet made by Byteball.org twitter that looked down on speculators/investors but that is small offence for the many offences (short term) speculators/investors have made in Byteball community, bitching and whining about everything that needs be changed, often promoting things that are good in short term but add little or are sometimes bad in long term (like airdrops to byteball holders, more exchange quotations, change name, etc), while doing nothing themselves for the project.
Some resentment and lashing out from active members is to be expected. That does not mean leadership is not supportive of investors. I have been a big investor, but also feel valued by the leadership, foundation and active members. Ofcourse I also add value in other ways than just allocating capital, which probably explains why they value me.
But I do agree with you that it is very important for the leadership to respect and value speculators/investors that only allocate capital, however the best way to do this is not with nice words about investors or let them lead the project, but with good management of the project that usually means decisions that are sometimes painful in short term but profitable in long term, like cancelling the airdrops, not wasting money on exchange quotations or rebrandings that all add little real users to the project etc.
Actions speak louder than words
edit: To be explicit. Undistributed bytes are being given away, but not to the speculator/investor who already bought bytes, they recieve nothing from the remaining pool but it does go elsewhere. Thus the supply is being inflated elsewhere or another way, the value of the unit of byte being diluted. Therefore for the speculator/investor who bought bytes their investment's value is diluted. For the steem user who got some free bytes they don't care the value was diluted, they didn't buy them. It was a windfall. For the speculator / investor who did buy them, now they see that there are more bytes flooding the market. Their own bytes that they bought when they were scarce are not so scarce anymore, the value goes down. It is very basic economics. The speculator/investor has been shafted. To rub salt in the wound, the rug was pulled away without warning. Previously the speculator / investor was standing in line to benefit from airdrops. Surely you see how this is an explicit negative for the speculator /investor? It isn't a tweet, it is a very definate action against the speculator / investor, an act of hostility.
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