Tell me this, what good is there from those "investors" who just sit on their bag? Where is the value in that?
There is no investors in crypto-space, just speculators. Investing is something else, investors actually support companies they invest into.
How exactly are you loosing money if the GBYTE/USD price has gone up last 3 months and GBYTE/BTC price is same as 6 months ago.
Which coin has performed better during last 3-6 months? BTC, BCH, ETH, XRP?

So, because you are not into sports betting or insurance, it means that Obyte doesn't have any use cases? Cool logic.
Why do you even have bytes if you don't find any use for Obyte?
Do you often go to foreign countries and bitch there also that they don't accept your country currency?
What do you expect? That cryptocurrency with $25m marketcap, which is intended to be used on internet, becomes instantly accepted in a shop near you?

Buy Obyte bytes if you want to:
* do P2P sports betting.
* get P2P flight insurance.
* register your username or email, so people could send you bytes more easily.
* take part of weekly lottery draw where you just need to hold bytes, lottery where nobody loses their funds.
* attest your real name to get additional benefits from other bots.
* post polls and vote on polls.
* take part of other ICOs.
* create your own token.
* post data to DAG or write a script and become an oracle.
* buy private tokens and transact with those.
* buy at shops in Milan.

If you don't need to any of that, sell your bytes to currency that is accepted in places you want to shop. It is that simple.

Yes, it's in the app, it's called Bot Store.

You have some fiat money in wallet? Are you automatically central bank investor or central bank hobbyist? Or you could also be just an user?
The uneducated opinion part was a reference to you not knowing how fees and witnesses work, but it seems now that you lack of vocabulary too.

What investors? There are already too many HODLers on Obyte who doesn't spend, just sit on their bytes. Obyte doesn't need investors right now, it didn't even need an ICO.

Yes, it needs witnesses who will also stay, so you can't bribe them with fees. Witnesses are not investors.

Obyte also needs developers and businesses who build more stuff using Obyte as a platform.

No, exactly the opposite, if over half of the witnesses stop posting at once because it is not profitable anymore then it is dead and needs to be hard-forked to get up again. Read the whitepaper, please. Stop spreading uneducated opinions.

It seems you still haven't bothered to read the whitepaper. You don't even understand how things actually work and keep pushing your odd ideas. Witnesses do get a percentages of every transfer, 1/12 of the payload gets to every witness. Regular transfers have 400 bytes header and payload between 150-200 bytes, so every witness gets 12-17 bytes for every transaction. Transactions containing more messages ("payment" is just one type of message) get more fees to witnesses. If witness pick the transaction as parent, they get header commission too.

What you don't realize is that most of the time, witness transactions have had more payload in total that regular users (except in June and July 2018). So, your idea is meaningless because you haven't even figured out how it would actually work. https://stats.obyte.org/heartbeat.php

If you hire somebody who does something only for financial gain then there is more likely they will bail on you if there is no financial gain. Witnessing Obyte transaction should not be about financial gain, every witness should have enough other motivations (like having business that relies on working network) to be a witness. So, exchanges could be good examples of that kind of witnesses, they would not earn much from witnessing, but they could earn lot more from fees helping people to trade it on their exchange.

https://obyte.org/Byteball.pdf Chapter 13:

Name changed from Byteball to Obyte, logo is temporary, no full rebranding yet (wallet name will be changed in next version).
The ticker on exchanges stayed GBYTE and hasn't changed. Currency units didn't change either, they are Bytes.
Obviously most coins are down from last 6 or more months, Obyte has gone up last 3 months.

This is what have been done during last 2 years https://press.obyte.org/timeline
Subscribe to newsletter, Twitter or Reddit to keep up what is coming next.

Have you tried to understand how Obyte actually works? https://obyte.org/Byteball.pdf
Do you understand what witnesses actually do?

I agree about the lack of witnesses decentralization, I think that is the main problem for some users to take it seriously, but at the same time it has had some benefits too, mainly that Obyte has been able to iterate so fast because of this, this probably gets more difficult as Obyte becomes more decentralized.
I don't agree with scaling problem. If less than 1TPS is used and it can do 30FPS, where is the scaling issue? It can do 4-5 times as Bitcoin and 2 times more than Ethereum. For short peak times, it can do 10 times TPS too.



If the witness joins because of fees, on the platform where most transactions are currently made by witnesses then it is not the witness Obyte is looking for. The whole point how witnesses work is that they need to post transactions themselves too and spend fees doing so. Your idea is basically to substitute witness fees, but not others. Where would those funds come from? From distribution fund that could be distributed to actual users instead?

I think market will self regulate it, fees go too high and merchants will drop it. That's what happened with Bitcoin in 2017.

Exactly, totally agree. When BTC/USD hits $1 million price, it might not be because people value it that high compared to now, it could be that average salary is also $1 million by then because USD has gone through hyperinflation.

But block size probably is not going to be still 1mb in 100 years. Same way, SHA256 will not be a used for 100 years.

Because there are more important things to work on now?

How do you know that the price of 1 BTC will be high enough in 100 years that miners could mine just for transaction fees and no rewards? You don't know, you can't know, but it's a far enough that you can predict after 20-30 years if it's ever going to happen or not. Same way here, the idea is that it would work out like that, but since we are not there yet, we can't really tell, so we need to wait and see.

Fee is not that fixed, it depends how much you post to DAG. Obyte is not just for payments, much more can be done on it.

Like I said, if there isn't people who are willing to buy it for that price, somebody will selling it cheaper. Price increases the more valuable Obyte becomes for them and decreases when it becomes less valuable for them. If the fee to make a transaction to buy a pen is too high then clearly Obyte becomes less valuable to use.

But we are talking about fees that require GBYTE prices to be 1000x or 10000x higher, which would mean that Obyte marketcap would need to reach Bitcoin marketcap now. This is not going to happen overnight and you would not going to make purchases of pens on base layer, just like you don't want to make purchases of coffee on Bitcoin base layer. Obyte can have layer-2 solutions too, but it doesn't need them yet because we are not that far yet.

Pretty much any fee that is predictable. For example, if I would be an oracle and need to post something once every 6 minutes to Obyte DAG and every unit would be 1000 bytes big then I could estimate that I need less than 0.1 GBYTE per year and I would not need to worry how many CryptoKitties games or ICOs are launched during that year, my cost would still be 87600000 bytes per year.

Market decides the GBYTE price and since transaction cost is roughly between 500-600 bytes, the cost in any other currency can be calculated. If people don't want to buy GBYTE when it is too high then somebody else will sell it for lower and vice-versa. How else do you think markets work?

How exactly will it help it to grow if not all witnesses are not even replaced yet?

Developers can make the code, full nodes and witnesses decide.

At lower level from the price where it became too expensive. Market will decide, what it's worth.

The fee is based on the size of it takes to store this transaction, which makes it predictable. The calculation how much bytes would you need for 1000 transactions is always between 500kb-600kb.
In the future, the value of bytes will based on how much anybody values making transactions on Obyte, so it will have intrinsic value, not just speculative value.

Fees should not be the motivation to become a witness. If the price of GBYTE increases enough that it would be too high to transfer value then it's a good news because we have found it's real value and it will come down to price where people want to use it again. Currently it's $0.00002 and the price would need to increase 1000x to even become 2 cents. If that happens, there is no need for any solution, market will solve itself.

You are all talk and no actions, maybe if you would spend less time pumping iron in gym and actually write code then you wouldn't have so shitty contribution history on Github. You are hating because you made wrong choice trying to figure out, which is real Bitcoin and now you are sad to see the reality. You forgot that you can be technically correct, but markets don't care how many university degrees you have.