Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: okbit on June 07, 2017, 01:31:51 PM



Title: What is driving ArtByte?
Post by: okbit on June 07, 2017, 01:31:51 PM
ArtByte breaks $9,000,000 market cap!



https://i.imgur.com/YzXG5dGl.png






Title: Re: What is driving ArtByte?
Post by: okbit on June 09, 2017, 03:47:22 PM
The real key is all they do to build the user community. I think coingecko.com ranks artbyte number 8 or so out of coins in terms of community engagement. That is why the price keeps going up.

Today they announced a new program to feature a different artist each week on all their social media, and award the artist of the week 5,000 ABY (currently about $50)
The announcement is here: ArtByte Artist Showcase (http://applebyteme.invisionzone.com/index.php?/topic/4743-artbyte-artist-showcase)


Title: Re: What is driving ArtByte?
Post by: First.Bitcoins on June 09, 2017, 04:50:06 PM
ArtByte now has over 116,000 followers on Twitter, FB, ArtByte Forum, and Reddit.

So in addition to the award of ArtBytes, the artists will gain quite a bit of free exposure.

And remember, ArtByte is running a nice bounty for tipping artists on Twitter:
https://bitcointalk.org/index.php?topic=1951059.0




Title: Re: What is driving ArtByte?
Post by: Fatoshi on June 09, 2017, 04:57:10 PM
I saw these two coins suddenly blow up with BYTES in their name and while I really don't know I wondered if it was something to do with the current interest in Xtrabytes and some people simply got the name wrong? I think this might be possible as Xtrabytes is only traded on small exchanges so maybe people saw these coins on Bittrex and connected them. I have no evidence for this but it does make me wonder.


I also saw this one. I'm not attacking this coin but why the sudden rise now after 2 years of nothing?

https://coinmarketcap.com/currencies/parkbyte/


Title: Re: What is driving ArtByte?
Post by: First.Bitcoins on June 09, 2017, 05:10:46 PM
ArtByte is 3 years old and has focused from the beginning on building a real user community of artists and fans. We believe that ArtByte has had a sudden rise in price because it has gained "critical mass". And is now accepted by both the art world and blockchain investors.

ArtByte is a niche coin, slow to gain acceptance of the members of this forum. There was another niche coin, Gulden that just gained acceptance last October. When it gained acceptance it also rose very rapidly in price, like ArtByte.


Gulden chart: The 1st rise was the October rise from a market cap of less than one million, up to $30mm

https://i.imgur.com/EHSPW4qm.png



ArtByte chart: ArtByte is now having it's first rise

https://i.imgur.com/JhOKYXWm.png


Title: Re: What is driving ArtByte?
Post by: McWorse on June 12, 2017, 03:14:42 PM
Cheers!

Taking part at the ArtByte Summer Festival, tipped 5 artists on saturday (June the 10th), but didn't got ABYs back so far. Do someone know, how long does it take?

Regards!
McW


Title: Re: What is driving ArtByte?
Post by: okbit on June 12, 2017, 04:49:31 PM
Cheers!
Taking part at the ArtByte Summer Festival, tipped 5 artists on saturday (June the 10th), but didn't got ABYs back so far. Do someone know, how long does it take?
Regards!
McW

I think they pay it once a day and close their office Sunday. You can send an email to their support team.


Title: Re: What is driving ArtByte?
Post by: McWorse on June 12, 2017, 05:16:00 PM
Thank you!


Title: Re: What is driving ArtByte?
Post by: ralong on June 12, 2017, 06:27:06 PM
On which exchange is it better to trade?


Title: Re: What is driving ArtByte?
Post by: okbit on June 12, 2017, 06:49:39 PM
Bittrex has the most volume. Probably depends on where you live. Bittrex is in the USA, LiteBit.eu in Europe, Yobit in Russia.


https://i.imgur.com/L4LpkIql.png


Title: Re: What is driving ArtByte?
Post by: okbit on June 14, 2017, 12:31:32 PM
Segwit integration coming!

From the Artbyte twitter account:


https://i.imgur.com/0RJwsg0m.png


Forum discussion: Testing Segwit (http://applebyteme.invisionzone.com/index.php?/topic/4745-testing-segwit-segregated-witness-on-the-artbyte-blockchain)


Title: Re: What is driving ArtByte?
Post by: okbit on June 16, 2017, 01:49:57 PM
Overnight chart on Bittrex:


https://i.imgur.com/woBsSHtl.png


Title: Re: What is driving ArtByte?
Post by: okbit on June 24, 2017, 02:50:42 PM
ArtByte tweeted this, showing the worldwide user community. Very impressive! This is one of the few coins building a real user community.


https://i.imgur.com/RkxkZd8l.png