Frankly, Byteball's falling price seems to have no end in sight. Don't get me wrong I'm bullish on Byteball and the tech it will deliver. But I'm beginning to wonder if airdropping bytes to Bitcoin holders was a wise decision. After all, many of the largest Bitcoin holders are maximalists. To those who don't know what a maximalist is; they believe that Bitcoin is the only true cryptocurrency and all the rest are just scams to extract BTC from you.
With that mindset, it's easy for them to sell their GBYTEs since they don't care about it anyway.
Well the opposite pretty much happened.
I remember when they were distributing airdrops, the price kept advancing usually a few days/weeks after.
It was during the last 1 or 2 airdrops when the price started to suffer.
Either way, looking at the weekly chart of GBYTEUSD on Tradeview it seems we are on strong support in this $140 area. The right shoulder neckline will hopefully hold and we should go to a minimum to the $900 area and maybe test prior ATH of $1200 and maybe break $1200.
Either way... right now is not the time to sell. You either buy or hold. No point in selling.
First, you making mistake by using $ as value refference. Nobody can buy Gbyte with $ and any other currency. You can only buy using btc.
Secondly, ATH at 1200$ again is wrong as real ATH was at 0.365xxx
BTC. At this moment if this ATH was in sight gbyte should be worth over 2500$. This dosnt have sense.
Main issue was distribution. As every single airdrop, this one is not different. Distribute coins for free, create value from nothing(not exactly-tech and dev work counts) , but in reality value is create due to people speculating on that.
Nobody would buy Gbyte from the start, so better give away in form of airdrop. simple. This was nail in the coffin for gbyte.
Check that shitty IOTA, they have so many issue but yet marketing done good job. I really like gbyte and Tony for his hard work. I wish the best byteball, but reality is that many of you missing other oportunities. I was heavy bagholder of gbyte.
still have some but 90% of my stash is long time gone. After moving to other projects like neo or ont i doubled my stash and recoup my losses due to gbyte falling prices.
True is:
if you want to sell, wait for resistance line not support line. 
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We put in so many time and care. I'm gonna ignore the scam-call-sheep now -> young coin -> great ideas -> good foundation -> we are working harder than ever.
