May anyone explain how to sell my blackbytes for GB ( or something else)? I added the blackbytes exchange from the bot store but am doing something wrong : I click on buy orders that show up but nothing happens. Anyone using it and have a clue?
Is it the same exchange as the one with screenshots there? https://blackbytes.io/Are you using the latest v3.3.1 wallet app? |
|
|
|
Only liquidity providers who provide liquidity with GBYTE might have some loses if they don't rebalance the pools, other non-GBYTE liquidity providers are not affected.
Nope, all liquidity providers lose their money because they need to swap to Gbyte at the very end. None of the existing stablecoins can be directly traded for BTC, Gbyte is the only option. Price is getting crazy, my blockfolio app shows $136.77 right now. Gbyte, I'm saying seriously, stop immediately and go back to $20. I don't think it works like this, if you are holding a stablecoin, then you are not losing value, you still have the value of that specific stablecoin. Only thing that stablecoin holders lost was the opportunity to get more BTC or USD by selling GBYTE at higher price. If you bought IBIT when it was launched at 10 000 USD and sell it now for 60 000 USD worth of GBYTE, you still made 6x. Same with ITH, when it was launched, it cost 575 USD worth of GBYTE, now it is worth 2300 USD worth of GBYTE, so you made 4x gain. |
|
|
|
Today, when I saw the price, my feelings were rather mixed, (in the sense that I could not decide whether to be happy or sad because I bought less Obyte than I would like). It is also quite possible that a group of people professionally engaged in speculating on altcoins looked through the list of all the coins that have not yet reached their peak and made a bet on Obyte.
And they doesn't seem to be using trading rewards because net buys are quite low this weeks, all the rewards for longs are distributed among those who have signed up there and hodling their new buys https://trade.obyte.org/payouts |
|
|
|
Why so huge surge in price, almost 70% up? I tried to find the news that would in potential to trigger the current rise but failed to find any. There is a rumor that Obyte has to target kucoin, is that true? Anyway I don't think the price increase of Gbyte could make liquidity providers happy right now. They are losing money in their pools. Gbyte, go back to $20.
Don't know any rumors about any exchange, but the suggested exchanges where GBYTE could be listed is public information https://preview.mailerlite.com/r3q4a1Only liquidity providers who provide liquidity with GBYTE might have some loses if they don't rebalance the pools, other non-GBYTE liquidity providers are not affected. I wouldn't wish lower price, the price should be even higher, so less GBYTE would be needed for stablecoin reserves. Fair GBYTE price would be between $3000 and $6000. |
|
|
|
e-residency email tells nothing, anyone can get this. Yeah, TONY tokens can be bought by anyone but I doubt anyone’s ever bought something that has any value. What happened with Distribution #24? It’s been over an hour of the scheduled distribution time -2021-04-07 12:00:00 (GMT) - but relevant Gbyte are still missing my wallet. Edit: received with ~2 hrs delay. E-residency email tells a lot, maybe you should read more about how Estonian e-residency and email attestation works. You can start from there and then follow the links: https://blog.obyte.org/distribution-to-verified-emails-and-sending-cryptocurrency-to-email-episode-ii-cb955fe19d7ehttps://blog.obyte.org/new-methods-for-identity-verification-3d5045287533Are you suggesting it can be some other person? It has same legal name as Tony's legal name and you get e-residency by doing the KYC in Estonian Embassy in many countries https://obyte.org/legalIt was not my assumption that it's Tony's address, but fact that it's Tony's address because I know how Estonian e-residency works. Also, the same address has posted many base AAs on the network, this can also been seen on obyte.io explorer. This info has NOT been secret. Again, assuming someone's identity based on the tokens they hold is slippery slope, TONY tokens are on 8 addresses, but obviously you didn't check that. |
|
|
|
Wow, thanks to this cool tool I have managed to find one of tonych addresses . Strangely for me it holds at the moment as little as ~392 Gbytebut plenty of GRGB and GRB. How did I find it? I just look for top address which holds tonnes of TONY. Looks like he uses this address to manage his DeFi tokens, there are tonnes of them there, just check 3Y24IXW57546PQAPQ2SXYEPEDNX4KC6Y There are more holders of TONY, that doesn't mean anything. TONY tokens can be bought there https://oswap.io/#/add-liquidity/JEDK6OUYXM6UBNX6NC6RAZJ7757CIWWEMore telling fact is that this address has Estonian e-residency email and Steem attestation https://obyte.io/@3Y24IXW57546PQAPQ2SXYEPEDNX4KC6YThis was once posted on Discord #defi-projects channel: There is a relatively new fundraising method that has become popular in DeFi space lately: ILO - initial liquidity offering. You can easily use this method on Obyte already now, and all you need is Oswap, nothing else. I used the same method not for fundraising but to create a personal token TONY: - I created a new asset through https://obyte.app/- assigned a name to it through the decentralized token registry: https://tokens.ooo/TONY- created a GBYTE-TONY pool on Oswap - added 1 GBYTE and all my TONYs to the pool Initially, the pool had 1 GBYTE and 1,000,000 TONY and TONY price was 0.000001 GBYTE. As people buy TONY, its price rises. I bought the first 150,000 TONY and its price is now 0.000001389 GBYTE. If you try to buy all TONYs from the pool, the price will go to infinity  . I hold the shares of the liquidity pool on Oswap, so I can earn from fees when users buy or sell TONY through the pool. Also the shares appreciate when TONY token appreciates, I could sell or redeem the shares if I wanted to fundraise. Now, just for fun: 1. buy some TONY while it's cheap and pump it to the sky 2. create a personal token for you and your puppy |
|
|
|
~
Just realized recently that April is coming and we have only one month left to the end of reward distribution for liquidity providers. Will this programme be extended for the next months? I think Obyte would benefit from its prolongation, preferably to the end of the year, as community needs pools created by "fat cats" who might invest into platform. There is no end date yet, end of April is just another date when it will be re-evaluated, whether it should be continued or not. Just like it was decided in December to continue. |
|
|
|
2 years after every big bull market, shit altcoins are dead projects. The market proves it and big list in coinmarketcap can show how many potential projects became dead ones very fast.
I see no reason to delve into statistics, but the percentage of infrastructure projects is extremely small both in 2018 and in 2021. As for the solution of Obyte's problems, and further survival, I would like to propose to go through the checklist, (maybe I could help too, it would be great if it was a publicly available file). I am still inclined to think that all existing problems can be solved within a month or two. The conditions are now quite favorable, considering that no one has high expectations from Obyte, no one puts pressure on the team, and no one in the community creates a FUD. What checklist? Luckily, Obyte is not dead because it is still being developed further https://github.com/byteball Obyte has built every imagine tool that developers could need to build their dapps on top of it. Obyte Bytes (GBYTE) are just extremely undervalued, which means that spendings from undistributed funds have to be more conservative https://stats.obyte.org/Top100Richest.phpEven as little as 10x the current price would probably make the markets more active and create more demand and FOMO for them. Currently, there isn't even enough people to provide liquidity on sell side because nobody want to sell so low. When there is less FUD then there is less hype too, so FUD will probably return once there is more hype. It's quite absurd that project which is as capable as Ethereum, but doesn't have the problems that Ethereum has and has been running since 2016, has as low marketcap as 25 million USD. GBYTE price should be worth 50-150 times more. |
|
|
|
Btway, if you look at these criteria [Binance Listing Tips], you will understand what I mean when I say that Obyte is pretty good. Thank you. I did not know that article from CZ and after I read it, I feel that CZ and Binance open to list coin and token. Just file application and documents that show Obyte is a good project. If the team can cooperate with Binance (CZ shills some advice in that article), I think Obyte will have good probability to be listed on Binance. Binance Smart Chain and BNB can be keys. However, there are other chains on other exchanges ( HECO from Huobi) and the team can consider too. Obyte meets 2 of these: proven team, useful project. But fails at "large user base". We want good coins. It’s simple, and every coin is different. In general, we like coins with a proven team, useful product, and large user base. We don’t have any hard requirements, as any requirement we publish will likely be reverse engineered.
Tip 20: Focus on user adoption. If you have a large number of users, your product has value. That’s the easiest to measure. This basically means, the smaller your user base is the more money they want. If it's huge user base then they might even consider to list for free. Obyte never had ICO to have money to pay for expensive listing fees. Obyte doesn't have large user base either, so that's why Obyte is not very attractive for Binance. We donate all listing fees to Binance Charity Foundation, an 100% transparent charity tracked on the blockchain.
Tip 24: There is no fixed number. Just propose a number you are comfortable with. Show your willingness to contribute to social impact. But as Tony said earlier, we are asking the community to submit the bids they are willing to do, so we could sell part of the undistributed funds for listing on some more affordable big exchange. Sorry that I didn't post in this thread for some time. We are still collecting bids for an exchange listing pool. The participants will be able to buy GBYTEs from Obyte Foundation at market price and the funds will be used to pay for exchange listing. So far, we have 16 bids totalling $257k-$560k (many people indicated a wide range and they are prepared to buy more if we list on a bigger exchange). Those who want to contribute, please pm me. More details are on discord https://discord.com/channels/534371689996222485/544817574341246987/819956710898401360Obyte was once on Community Coin of the Month vote, but we did not came first https://twitter.com/ObyteOrg/status/1034264461106970624 |
|
|
|
tarmo888, can you tell me which app was used to create the roadmap? [Obyte [GRANT], Page 5] (I would be very grateful). I think it's Microsoft Project. |
|
|
|
You forget that often the [founder] is the same person as the product developer, and because of his narrow specialization, it is difficult for him to delegate authority. Therefore, it is foolish to assume that the fate of the project is in the hands of the community. Yes, we all see that the CEO does not give empty promises, so I hope that soon we will see the expansion of liquidity as it was said. As for the bullish trend, I meant that most of the coins with serious infrastructure made a breakthrough of 500% or more this year, (for this reason, I do not consider the rise of Obyte from $20 to $40 as a bullish trend).
Not exactly true, there are many developers who are working or have worked on Obyte and different tasks are delegated to different people https://obyte.org/#teamThe fate of this project is in the hands of the community, it's kind of weird to read that it could be anything else. Without the community, it's just bunch of code. There is limited amount of reach that Obyte Foundation can ever get, no matter how much money it would waste on marketing, so it very much depends on the community to use Obyte and promote Obyte. Most older coins have barely reached their previous ATH, Obyte has not because it went very high at then dropped a lot, so those 500% gains are mostly from new DeFi and NFT garbage, which some of them won't even exist in 2 years. Well, 500% for Gbyte seems to be unrealistic. The project lost traction ~ 3 years ago and over these years there have been many other projects that have taken up the niches that Obyte could have. Now it’s playing the catching-up role rather then leading one. BTW, if you wanna get link to Discord ask tarmo888, he will invite you.
500% is a pretty real figure if you know what to do. A good exchange, paired with a few marketing activities and you should be fine, (for example, prizes for trading volumes or a thoughtful drop under the auspices of the exchange). I recently looked at the list of coins listed on Binance, and I can say that Obyte looks pretty good against the background of most of them. Btway, if you look at these criteria [Binance Listing Tips], you will understand what I mean when I say that Obyte is pretty good. 500% for GBYTE is very real goal even without any new exchanges. 500% gain would only be $230, which at current liquidity could be reached with just FOMOing in with 10 BTC. Only 17 BTC would clear out the whole sell side on Bittrex and take GBYTE price over $500. More exchanges would most likely dilute the liquidity on existing exchanges at this point. Prizes for trading volumes on the other hand, doesn't help liquidity much, that's just wash trading. Obyte already has Trading Rewards https://trade.obyte.org/ which distributes GBYTE to those who buy more, HODL and then sell higher. |
|
|
|
I think oswap.io picks a pool that has better price for your amount. Many cases, the pool with less liquidity has better price only for very small amounts because the exchange rate for small pool changes fast as you try yo exchange more.
Nope, it doesn't work this way. Cbyte-OUSD 0.1% pool has the better price to swap from OUSD to GByte than the pool with 0.3% fee but oswap didn't pick it up. All time when I want to swap from OUSD to GByte oswap offers me the 0.3% pool instead of the 01% one. So I consider this as a serious drawback because my choice is ignored. Your choice doesn't matter, best price for your amount should matter, if it doesn't then there is probably bug in UI. You can still send tokens to specific AA address without oswap.io and then ot will use the pool of your choosing. Tomo chain has the edge over your system since it builds pools itself, no user interaction is needed. You lag far behind with your pool douchbaggery coz people like not to lock up money in the pool but to get free money from a donation facet while maintaining idleness in terms of their act. Pools shall pop up autonomously and be filled with money from the blokchain fund and then send that money to whoever asks for it. Looks like you don't understand the difference of faucets, staking and providing liquidity for swapping pools. TomoChain has swapping pools too because it is straight up copy of Uniswap https://app.luaswap.org/#/poolJust like Obyte has liquidity mining https://liquidity.obyte.org/, LuaSwap has farming on TomoChain too Good luck with the pointless Ethereum fork, which uses voting to resolve conflicts, which is no different from any other block producer censorship. Obyte has no voting, transaction order is based on everyone's transactions. |
|
|
|
I'm late in answering because I was away from the forum - sorry for that.
You mention judges and governments agreeing among them - come on, this is not the real world. Should Obyte succeed in the extremely unlikely task of becoming the new N.1 because "it's better than Bitcoin" and should it somehow endanger the fiat banking system it would take just seven hitmen for the banksters to get the job done in one single day and if the community forks the project it only means the hitmen would have to be hired for another day or two (according to how many times the community will insist to fork). We're not discussing the "why" should they want to do that - of course as long as Obyte is a little project nobody will care. But if you are planning a platform which has to be better than Bitcoin, it must also possess at least the same resilience. Pushing the problem under the rug is not a solution. It's the only technical (big) flaw I see in an otherwise excellent and still deeply undervalued project.
BTW look at the John McAfee case, he has been imprisoned in Spain for the "crime" of not having filed for taxes... in the USA - LoL, that tell you everything on how what's only matters on earth is power, not rules.
LOL, what fantasy world are you living in? It is more likely that climate change activist will attack server farms than bankers hiring hitmen for regular people. Obviously, John McAfee would not be a good fit for Order Provider and most people probably would not pick him as one, hopefully. |
|
|
|
Hi everyone,
I just fired up my wallet that I haven't touched since 2016.
It will not let me send. It gives me a connection error after I enter address and amount to send to.
Then I noticed that my wallet says "Byteball" and the new wallet says "Obyte". Do I need to upgrade before I can send?
If so, do I need to do it in a specific manner in order not to lose access to my funds?
Please advise. Thanks in advance.
Jon
You didn't mention what platform you are using, but in case it's Windows then you just download the new installer and re-install it. https://obyte.org/#downloadYou will also have to accept all the Witness (Order Provider) changes after you launch the new version, there has been 7 changes. |
|
|
|
I think oswap.io picks a pool that has better price for your amount. Many cases, the pool with less liquidity has better price only for very small amounts because the exchange rate for small pool changes fast as you try yo exchange more.
Nope, it doesn't work this way. Cbyte-OUSD 0.1% pool has the better price to swap from OUSD to GByte than the pool with 0.3% fee but oswap didn't pick it up. All time when I want to swap from OUSD to GByte oswap offers me the 0.3% pool instead of the 01% one. So I consider this as a serious drawback because my choice is ignored. Your choice doesn't matter, best price for your amount should matter, if it doesn't then there is probably bug in UI. You can still send tokens to specific AA address without oswap.io and then ot will use the pool of your choosing. Yeah, seems to be a bug. Can it be fixed eventually? Sending tokens "manually" to specific AA address is a good alternative I'm aware of but such action from me may result in the human error so I would prefer to have automated way to do it via oswap interface. Yes, since it's just a bug in front-end code, it should be fixable, just have to find why it doesn't prefer pool with lower price. |
|
|
|
I think oswap.io picks a pool that has better price for your amount. Many cases, the pool with less liquidity has better price only for very small amounts because the exchange rate for small pool changes fast as you try yo exchange more.
Nope, it doesn't work this way. Cbyte-OUSD 0.1% pool has the better price to swap from OUSD to GByte than the pool with 0.3% fee but oswap didn't pick it up. All time when I want to swap from OUSD to GByte oswap offers me the 0.3% pool instead of the 01% one. So I consider this as a serious drawback because my choice is ignored. Your choice doesn't matter, best price for your amount should matter, if it doesn't then there is probably bug in UI. You can still send tokens to specific AA address without oswap.io and then ot will use the pool of your choosing. |
|
|
|
It's proper DeFi, humans don't control it, it's locked in smart-contract (Autonomous Agent) and can be taken back at price, which is based on multidimensional bonding curve formula when redeeming governance token or stable+ token.
Right, it's not locked forever therefore collateralization depends on the "will" of someone, who has the power to withdrew from Autonomous Agent. One more question for good measure. How to choose GByte - OUSD 0,1% pool to swap tokens? When I click swap tab it always force me to land on 0,3% pool but I would prefer to make a swap on 0,1% one. Any exchange is not "a fortress", including BittrexIt's locked not in terms of time, it's locked in a sense that you need to return governance token or stable+ token in order to get back the reserve asset. It's basically a decentralized exchange. I think oswap.io picks a pool that has better price for your amount. Many cases, the pool with less liquidity has better price only for very small amounts because the exchange rate for small pool changes fast as you try yo exchange more. You can also send tokens to that specific AA without the UI and the tokens will get swapped. |
|
|
|
|
Show Posts
