Topic: Obyte: Totally new consensus algorithm + private untraceable payments - page 595. (Read 1234316 times)
July 09, 2017, 07:55:29 AM
Got my drop,thanks
July 09, 2017, 07:50:43 AM
Everyone got their coins?
I doubt it; at least I have not.dam price going down, oh my
That is really not important. There are greedy individuals that dump pretty much anything as soon as they get their hands on it. This is a nice buying opportunity IMO. 
July 09, 2017, 07:42:33 AM
Coins came in half an hour ago, yes. I am going to try setting up private bytes of my own.
July 09, 2017, 07:39:38 AM
Everyone got their coins? dam price going down, oh my
July 09, 2017, 07:39:02 AM
I bought some at Bittrex :-)
July 09, 2017, 07:34:50 AM
cryptox has a better rate currently, I've never used it but some might like to send there to get a better cashout
https://cryptox.pl/
0.235 v 0.2544
https://cryptox.pl/
0.235 v 0.2544
July 09, 2017, 07:28:14 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
Tonych just said it will start in a few minutes on slack.
Yeah, It just started and I received the bytes
I received the bytes for my BTC just now as well
When will the Blackbytes distributed? It still shows 0 Blackbytes, maybe these blackbytes will be distributed after the first one GBytes will be distributed right? Sorry for asking but it's my first time that I'm participating in this kind of airdrop but maybe the OP/admins are very busy sending these transaction to all participants.
blackbytes takes a couple of hours more
Exactly.
From Tonych on slack:
Quote
finished distribution of bytes
blackbytes will start in a few hours and will take a lot longer
blackbytes will start in a few hours and will take a lot longer
In other news, 1 GByte is $597.94 right now on CMC.
July 09, 2017, 07:25:24 AM
Volume went up on Bittrex suddenly, guess why
Dump free coins.
July 09, 2017, 07:18:10 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
Tonych just said it will start in a few minutes on slack.
Yeah, It just started and I received the bytes
I received the bytes for my BTC just now as well
When will the Blackbytes distributed? It still shows 0 Blackbytes, maybe these blackbytes will be distributed after the first one GBytes will be distributed right? Sorry for asking but it's my first time that I'm participating in this kind of airdrop but maybe the OP/admins are very busy sending these transaction to all participants.
blackbytes takes a couple of hours more
July 09, 2017, 07:17:57 AM
Volume went up on Bittrex suddenly, guess why
July 09, 2017, 07:15:40 AM
Received. Byteball is great!
July 09, 2017, 07:03:32 AM
My linked btc have just been covered, and I am waiting for new GBytes those that cover the old ones
July 09, 2017, 07:01:32 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
Tonych just said it will start in a few minutes on slack.
Yeah, It just started and I received the bytes
I received the bytes for my BTC just now as well
When will the Blackbytes distributed? It still shows 0 Blackbytes, maybe these blackbytes will be distributed after the first one GBytes will be distributed right? Sorry for asking but it's my first time that I'm participating in this kind of airdrop but maybe the OP/admins are very busy sending these transaction to all participants.
July 09, 2017, 07:00:14 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
Tonych just said it will start in a few minutes on slack.
Yeah, It just started and I received the bytes
I received the bytes for my BTC just now as well
July 09, 2017, 06:59:00 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
Tonych just said it will start in a few minutes on slack.
Yeah, It just started and I received the bytes
But what about the blackbytes, it still shows me that it is 0 GBB but can someone tell me what value does GBB has over the GB or estimated in bitcoin exchange rate. I'm not gonna spend them but hold for a long time since I got them for free. July 09, 2017, 06:55:04 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
Tonych just said it will start in a few minutes on slack.
July 09, 2017, 06:51:26 AM
It is routine drop which you are talking about now. After completion of distribution we will see liquidation of those free received tokens for couple of days and then again price will begin to bounce back. It will keep continue as long as Bitcoin linked distribution will work. What is good thing there are not many rounds left and sooner market will stabilize in next few months.
i think you are right. same pattern we can observe in ICOs when first lised on exchange. initial huge dump and when the bottom hits those who are waiting start buying leading to a pump. after the huge pump the price will then slowly decline until it stabilizes to a price range.
People can check price graph on bittrex. It's normal for the price to drop by 20%+(because ppl who bought before distribution round, will get 20% bonus
)I expect to see a big price dump right after distribution and I think it will slowly recover
July 09, 2017, 06:41:59 AM
110,411,089,425,997 bytes has been moved from the address https://explorer.byteball.org/#MZ4GUQC7WUKZKKLGAS3H3FSDKLHI7HFO but the amount is not yet spent, has the distribution just started?
July 09, 2017, 06:38:56 AM
1 Gbyte= 1BTC soon. 
July 09, 2017, 06:36:30 AM
Hello AlehandroTheGreat,
congratulations to your large Byteball holdings. Please let me point out some things about
the dynamics of Byteball in this open letter:
Byteball has chosen to solve the inherent problems of initial distribution in a somewhat
unique way: The airdrop method. It rewards the people who already have a (considerable)
stake in the Bitcoin world. I think Byteball managed to attract attention to itself and its interesting
alternative solutions of P2P cryptotechnology rather successfully.
To discourage a "hit and run" interest it also set up the 20% payouts for those who are willing
to continue holding Byteballs. This surely entraps the profit-seeking part of our reptile-like brainstem.
If you can be driven to panic with a short term view of one Sunday night I am sorry for you, because
I consider this part of the fundamentals a rock solid way of building an initial relationship and over
time a familiarity.
Let me finish with a little outlook for the future: What will make people stay with Byteball once the
airdrops have finished? My first answer was, that the run for the exit will be catastrophic. A true
crypto armageddon. Everyone will just sell, the price will be 0 and it is over.
Actually I guess that you were hoping for another answer. While the price will certainly drop HARD at
that point I think that its past record of:
- having arrived in the (atleast) TOP 15 Cryptoprojects (distribution being complete)
- being fast
- proving reliable and secure
two more fundamental will come into play:
- big bitcoin holders that know how to hold are engaged
- only 1 Million Byteballs exist. Show me any crypto which works with such a low total supply! It is like
reinforced Bitcoin fundamentals on steroids and partially also responsible for the current high price.
Best regards and let the panic RIP
Flow
-bonus: perhaps one more major exchange could add this project.
congratulations to your large Byteball holdings. Please let me point out some things about
the dynamics of Byteball in this open letter:
Byteball has chosen to solve the inherent problems of initial distribution in a somewhat
unique way: The airdrop method. It rewards the people who already have a (considerable)
stake in the Bitcoin world. I think Byteball managed to attract attention to itself and its interesting
alternative solutions of P2P cryptotechnology rather successfully.
To discourage a "hit and run" interest it also set up the 20% payouts for those who are willing
to continue holding Byteballs. This surely entraps the profit-seeking part of our reptile-like brainstem.
If you can be driven to panic with a short term view of one Sunday night I am sorry for you, because
I consider this part of the fundamentals a rock solid way of building an initial relationship and over
time a familiarity.
Let me finish with a little outlook for the future: What will make people stay with Byteball once the
airdrops have finished? My first answer was, that the run for the exit will be catastrophic. A true
crypto armageddon. Everyone will just sell, the price will be 0 and it is over.
Actually I guess that you were hoping for another answer. While the price will certainly drop HARD at
that point I think that its past record of:
- having arrived in the (atleast) TOP 15 Cryptoprojects (distribution being complete)
- being fast
- proving reliable and secure
two more fundamental will come into play:
- big bitcoin holders that know how to hold are engaged
- only 1 Million Byteballs exist. Show me any crypto which works with such a low total supply! It is like
reinforced Bitcoin fundamentals on steroids and partially also responsible for the current high price.
Best regards and let the panic RIP
Flow
-bonus: perhaps one more major exchange could add this project.
spoken like real prodigy
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