Topic: What's the next "BIG THING" in the altcoin world - page 7. (Read 14151 times)

The distribution was created as such with Metcalfe's Law in mind. There have been several distributions price has been fairly stable.


Kola-schaar posted some interesting insight into this: https://bitcointalksearch.org/topic/m.17967162


There are only 12% of the Bytes in circulation and people keep them tight because of the compound interest.
If the growth (linked to BTC + interest rate) remains constant (every round +50k linked BTC), we still need 19 rounds.
If you invest 10 GBytes (~0.45 BTC) you have after 19 rounds 10GB*(1+10/100)^19 = 61.15 GBytes.
Maybe we need 10 rounds more: 10*(1+10/100)^29 = 159 GBytes.
The compound interest works very strong - very strong argument to hold.

If you invest 0.45 BTC for the next (maybe 19) rounds, and the price remains constant (at 0.045 BTC/GB total capitalization ~54 Mio.).
You will have a profit:  0.45 BTC*61.1 Gbytes/ 10 Gbytes => (2.75 BTC–0.45 BTC)/0.45 BTC => 512%. With each additional round (see exponent) it becomes more.

The crucial question, however, is how far can the price drop until I lose?
We bought at a price of 0.045 BTC/GByte (10 Gbyte).
Therefore, we can endure 0.45 BTC /61.1 GBytes = 0.0074 BTC/GByte.
(If we sell our 61.1 GB then 0.0074 BTC/GByte * 61.1 Gbyte = 0.45 BTC we get our bet back.)

Question: 0.0074 BTC/GByte which capitalization is this?
It’s 0.0074 BTC/GByte * 1E15/1E9 => 0.0074 BTC/GByte * 1E6 GByte = 7400 BTC or ~7400BTC *1200$/BTC = 8.8 Mio $

You can still match the Dev! (tony holds 1%):
price ~76 BTC ~1.7 TByte*1,1^19=10 TByte -> 1% of total capitalisation

or with lower budget:
1/10 price 7.6 BTC ~0.17 TByte (170 GByte) -> 0.1% of total capitalisation
1/100 price 0.76 BTC 0.017 TByte (17 GByte) -> 0.01% of total capitalisation
1/1000 price 0.076 BTC 0.0017 TByte (1.7 GByte) -> 0.001% of total capitalisation

For those who have participated in the 1st and / or 2nd round and / or which additionally connect BTCs (got Bytes for free), the above calculations looks even better.

Classic BTC holders: They link her BTC and sleep (like Kostolany:”.. buy
shares and take some sleepingpills: when you wake up, you've made money" will have) - lazy people (sometimes to lazy to link  Smiley).
Nowhere is there such an interest (without any risk) for the BTCs.
And they will receive a free diversification (and a technology upgrade) of their portfolio: A very good idea, because that is already a trend:
 


Good to have at least two horses in the barn (A hopeful foal and an old horse).

There is much to win, but little to lose, so people do not sell…
For the vast majority of holders, there is simply no reason to sell (1st round participants are believers, ICO's already hold because of diversification, BTC whales ditto -They ride the old horse and lead the foal next to it).

A sale makes sense only if one likes monocultures (only BTC). Or you would like to get your investment (bought bytes) back in order to minimize the risks..
10GB*(1+10/100)^10 = 25.9-10=15.9 -> 15.9*1,1^9=37.6 Gbytes   Undecided

… Then there are also our black friends (BB) ..
perfect for small investors with a small money bag… You can exchange half of your earning in blackbytes..

It is the philosophy of this distribution to allow as many adopters as possible a (as far as possible risk-free) access (to Bytes / Blackbytes).

disclaimer
The author does not force you to invest now or to by BTCs now. There may also be more favorable times.. No idea!

WeTrust for sure 

So first choices are Byteball and Iota, at this stage.

I totally agree, they can disrupt the market, because they make blockchains obsolete.

The next big thing will be Evan Duffield revealing himself to be an alien who has come to earth to enslave us all.

https://www.youtube.com/watch?v=8lcUHQYhPTE

What innovation? Since you are so well informed about eth and bash all other platforms!

iamnotback is the only one that answer the OP question ... arcrilic block chain techono-babble

Easy. The ethereum moon trip. 

winter is coming.
for most ICOs.

next big thing ... a repeat of
GEMZ
DAO
SWARM
STEEM!

I mean the "BIG THING" about the technical features.. of course!!!
high price, i mean hundreds of $ for 1 coin,  it's a consequence, if the project it's a good project...

Tony never claimed 2%, he only claimed 1%, and that is still valid, 1% is kept for him, the rest is distributed, just because it went form 0.7BTC to 0.0625 doesnt mean he will retain more, it means there will be more distribution rounds.

@OP you mean the "BIG THING" about the price or about technical features?

I like Monero and Siacoin, they'll be big IMO.

That was my original claim several months ago in the official thread. But I thought it will be open to all BTC holders until the supply was fulfilled. I didn't realize they were going to do this more unfavorable later rounds. I should have realized that would be the gimick the insiders would use to get 10X more supply than everyone thought they would get.

But because the issuance is to exclusive to those who participated in the very favorable first round, I think maybe they think they should hold on. So far they only have a 10% gain on their BTC. They probably feel Byteball is going to be the next great THING in crypto.

But they better do the pump soon. Because other coins are coming, and Byteball's features won't seem so unique later in the year.

People like byteball very much, but the free distribution may prevent it being the top coins, because people who got free coins need to dump it for free money. I prefer aeternity is the next big thing.

I have a good feeling Monero will be the next big things, maybe ethereum got a chance to become big and I don't think there will be any other alt coin will become big than these 2 coins, and ICO wont become big in a short time, if ICO become big in a short time, it will bounce back again like zcash last time

Have you even used your brain?

Who is going to bother going through the hassle of linking their BTC on the 4th round when the 0.0625 GB they will receive is only worth $4 per BTC they link. And it will only get more unfavorable on future rounds. The planned issuance will never be achieved (okay maybe mathematically we can maybe argue that asymptotically it would eventually be fully issued some 100+ years from now, but that it isn't relevant because Tony will have sold his 7 - 14% long before that). Realize that afaik Tony apparently awarded his 10,000 GB to himself at launch day. So his coins are worth $670,000 on a $9 million market cap as we speak.

The 10% interest only increases the existing 137,000 to 150,700. That is only an overall increase of only 1.4% of the planned issuance.

I don't have any problem with him doing that. I just want people to understand that the "1%" is a mathematical deception. And you damn well know it.

---

FOMO.


I also thought it was strange that someone who is invested in Ethereum would complain about names. Smoke the ether dude.

(I've complained about the Monero name, but I also posted at the precisely correct time to buy it, that it was going to rocket up, so if I had wanted to speculate the name wouldn't have stopped me. What stopped me is that I didn't have any money to speculate with and I still don't so I need to remain conservative. Never speculate with money you can't afford to lose)

Byteball is has a reasonable likelihood to be the next big PUMP. But I am reasonably certain it will not be the next THING in crypto, as in massive adoption or practical use. But that shouldn't stop you from speculating on the PUMP. I would too if my opportunity cost wasn't so much higher than yours. If it wasn't a pita to buy, I'd probably buy 1 or 2 BTC of Byteball (except now that I see Tony is deceptive then I ethically don't want to buy it). But for that small amount, it isn't worth my time to figure out to buy it, since it isn't listed on Poloneix. And then I also have to figure out where to store the damn wallet. I don't have time for that over such a small amount of money involved. I have bigger fish to fry.

Btw, I been telling people to buy a little Byteball for the past months. So that is what is very strange when their supporters attack one of their former supporters. Just because I pointed out the truth.

Same as yours i do found monero on the first place sounds very awkward but i do regret it and now im too behind on buying one.From the options above i chose byteball because its better compared to those alts mentioned on the poll and also Vslice does really have the potential too.I wont miss another opportunity again.

Have you taken no time reading the OP?

The snapshots for the 4th round will be taken on the Full Moon of April, on Apr 11, 2017 at 06:08 UTC.  This is what you receive:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.1 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.21111 blackbytes

Distribution consists of bytes per proven BTC balance as well as 10% interest on all existing bytes. Distribution might be slow but 100% will be distributed in a timely manner. What you are implying is nonsense

TBH i think byteball sounds funny..i mean just like monero. It just sounds like a joke. I never took monero seriously because of it's name. I know i'm shallow, but you can never tell anyone you buy/own/use monero. It'd be awkward.

See my other thread https://bitcointalksearch.org/topic/m.18310329