It is a smart move from my point of view. It was too hard for newcomers to join. Keep up! This will bring more people to join the project... The price is exploding right now, but when the airdrop will finish ? I'm worried that many people will sell in mass their onions... That will be their loss. I wish I bought more coins then I did when it was in the $6 range or lower. I got the minimum of 100, but regret not getting more. I'm glad staking is also available. If people do sell after the Airdrop ends, it will be a buying opportunity for me to pick up a lot more. what is staking? Staking is you hold the Onions in your wallet and over time you get paid Onions. It’s somewhat similar to mining although different To add to this, here is a more technical explanation on what it actually is: https://medium.com/@bykardinal/deeponion-staking-guide-66fce0ecc901It is quite lucurative (10 % of your total onions in interest) for the first year, and decreases after this, ending up at 1 % after a couple years. It is very easy to start staking, you just need to keep your wallet running and unlocked for staking. Or you can keep it running without any encryption, but that is not recommended for security reasons. It takes a while to hit your first stake. First you need "mature" onions (stay in your wallet for 24+ hours), and you need to build up a fair amount of network weight. the wallet needs to start with windows for this right? |
|
|
|
I also agree with cryptohunter.
It is tonychs project and he has done a great job on the technical side. I can fully understand that he wants to stay in control. But Byteball currently is not a decentralized currency which is run by a community like Bitcoin was from the very beginning. My impression is it is more or less run by a single person.
A community does not come out of nowhere just by doing airdrops. You need to give people the chance to get involved.
Bitcoin was fully centralized in the beginning. You can check explorer, there was one miner in the beginning, likely Satoshi. Then he passed this forum, github to trusted people, more people start mining. By the way Satoshi style is very similar to tonych style) yes, but those were different times. Satoshi had no competition, and the adopters were all tech enthusiasts and visionaries. Now there are around 1000 coins, 99% of them being absolutly shit, the buyers are the shoe shiners of '29, crazy to may any crypto coin. If we stay on the current path, byteball will loose all the attention, and will eventualy die off. We are heading towards a bubble burst, and when it happens only a few coins will survive. Those that have a strong community and a lot of attention. Byteball has neither. I'm one of those enthusiasts that embraced satoshi vision and used bitcoin as a real coin when it was worth 10$. I spent thousands. Didn't hold to much unfortunatly but what I did allows me to play with alts now and make a ton of money. The point I'm trying to make is that even though I fully believe in this tony's technical vision and know that this coin is one of the 3-4 coins of real life value out of all those 1000, my money is out because byteball as it is doesn't pay, and unless something changes I'm certain it never will. |
|
|
|
It is a smart move from my point of view. It was too hard for newcomers to join. Keep up! This will bring more people to join the project... The price is exploding right now, but when the airdrop will finish ? I'm worried that many people will sell in mass their onions... That will be their loss. I wish I bought more coins then I did when it was in the $6 range or lower. I got the minimum of 100, but regret not getting more. I'm glad staking is also available. If people do sell after the Airdrop ends, it will be a buying opportunity for me to pick up a lot more. what is staking? |
|
|
|
At the end of November 2017, the IOTA Foundation has partnered with Microsoft, Fujitsu, Cisco, Samsung and more than 20 other companies to launch the first publicly available data market for the Internet of Things. This work is particularly intriguing where the market is fully supported by the IOTA distributed ledger. IOTA cryptocurrencies with the same name can be used for circulation in IoT products worldwide......
they didn't partner with Microsoft. That turned out to be a lie misunderstanding. |
|
|
|
I also agree with cryptohunter.
It is tonychs project and he has done a great job on the technical side. I can fully understand that he wants to stay in control. But Byteball currently is not a decentralized currency which is run by a community like Bitcoin was from the very beginning. My impression is it is more or less run by a single person.
A community does not come out of nowhere just by doing airdrops. You need to give people the chance to get involved.
which is probably one of the reasons we don't have much of a community. Look at other projects: people getting involved, creating events, marketing, even contributing to the code. |
|
|
|
what exactly is coin swap?
A coin swap is the process of sending in your old coins and getting new coins back. This usually happens when a coin gets a drastic technical change/upgrade, like moving to a new network. ColossusCoin V2 (CV2) had a coin swap and turned in to ColossusCoinXT (COLX). The coin swap ended December 28, 2017 on NovaExchange. so why was CV2 swapped for this coin? I saw CV2's price sank like a rock. What's the history here? I believe because COLX now uses the Pivx code base for anonymous transactions, so they switched blockchain. I'm not 100% sure if that was the sole reason for the swap though.. I guess CV2's price dropped because everyone was swapping and not trading, which makes sense. how was the swap made? 1:1? Did people loose money on it? |
|
|
|
The advantage of ByteBall is also its biggest disadvantage - the total token supply, with such low supply the investors are happy but it harder to user many zeros in front.
That is the first impression, but then you realise how many billion token you are sitting on when you think in bytes. And how undervalued it still is. the problem is people have unit bias. if everyone wants a GB they will choose cheaper looking coins like ripple. the mass, unfortunately, at this time does not look at total supply. Indeed, but the developers position on the matter is quite clear. https://www.reddit.com/r/ByteBall/comments/7og0x6/update_from_tony_on_5_january_2018_regarding_the/I'm deep into this project for almost a year now. I started out when 1 GB was worth 700$, then it went down to 200$ for a few months, now it's back. Once it tested the 1000$ resistance but fell back. Like it or not, psychology is part of the financial world. Otherwise there would have been no resistance at that level. Sticking your head in the sand doesn't help. I guess I'm just frustrated and at the end of my hope. BB is my favorite project, but until today it has been one huge loss of opportunity, and I don't see end of it. IOTA and XRB sky rocketed because of the unit price. We are not, because tony is stubborn and fails to understand that he is slowly loosing the community by doing this. Today he lost me. I will be back when tony starts listening for a change and stops being a dictator. Until then, we have no chance. |
|
|
|
|
how does the planned market place compare to other dark web marketplaces. Will it be hard to take down and trace users on? Who will list products and how?
|
|
|
|
what exactly is coin swap?
A coin swap is the process of sending in your old coins and getting new coins back. This usually happens when a coin gets a drastic technical change/upgrade, like moving to a new network. ColossusCoin V2 (CV2) had a coin swap and turned in to ColossusCoinXT (COLX). The coin swap ended December 28, 2017 on NovaExchange. so why was CV2 swapped for this coin? I saw CV2's price sank like a rock. What's the history here? |
|
|
|
how does this compare in anonymity with Monero and what are the main differences? Sry, new user to this coin  |
|
|
|
|
I know that the first to colossus coins crashed hard in price. What is the difference between those and ColossusXT? And why did those two tank?
|
|
|
|
|
what exactly is coin swap?
|
|
|
|
oh god not another collosus coin.. has anyone ever learned anything from Colossus 1 and Colossus 2?
I'm new to this coin. Can you give me a summary of what happened or some interesting links to read? |
|
|
|
|
on what exchanges can this coin be bought?
|
|
|
|
we prepare now for Sunday events distribution stay tuned
what sunday distribution? I though that was on every friday... |
|
|
|
It can either be valuable or worthless in five years time no one knows.
this. Bubble or burst. We will be millionaires or broke. Flip to coin for the answer. Nobody knows. |
|
|
|
|
look for promising coins that are not even in top 100. Look at SKY coin for instance, which has amazing tech and is very undervalued.
|
|
|
|
|
I'd tell you to take a look at SKY coin. From a technical point it's way better then BTC as it requires no mining and solves all scalability issues. It rose about 10x this year, but it's still way undervalued. It's not even top 50, which means soon it's price will explode.
|
|
|
|
And also the argument, that IOTA is not listed on many exchanges, hence it is not raising is also weak
I think it's one of the strongest arguments. The popular IOTA exchanges disabled registration for new users -> new people that want to get into IOTA can't... Not anyone wants to get verfied on dozens of exchanges aswell. Furthermore, IOTA happens to have a very high USD/IOTA pair trading volume compared to other coins. Maybe this is a psychologic limitation ? IOTA was already a TOP5 coin before and it will be again  high usd value? BTC is at 17000 and it's still rising. That's a high value. 3.99 as MIOTA is now seems dirt cheap psychologically. |
|
|
|
|
Show Posts
