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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 16, 2019, 12:01:17 PM
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Most fiat currencies are candy wrappers
Agreed. But this does not change the fact that there are practically no merchants accepted bytes. No ico's accepted bytes. And the saddest thing is that there is not even a hint that it will happen.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 15, 2019, 04:05:56 PM
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Obyte has plenty of use cases
lol man Obyte has zero use cases

... for you.

Still not sure why you stick around. I don't keep my pockets full of foreign currency, which countries I have no plan to go.
This is not a foreign currency but candy wrappers that were distributed free of charge. If you look at the amount distributed to the one hands, you will understand that the sale is not worth the effort.
Read this thread, the only participant who was able to see the use cases is you:)
btw there is no any ongoing ico on Obyte Wink
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 15, 2019, 03:51:36 PM
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Obyte has plenty of use cases
lol man Obyte has zero use cases
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 14, 2019, 01:51:58 PM
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If the goal is to gain more USD then, when BTC rises, alts rise more. When BTC falls, alts fall more. If the goal is to gain more BTC then stick to speculation of new coins.
if you earn btc when BTC rises, you earn USD as well
if you earn usd when BTC rises, that's mean better to hold BTC. Less risks higher profits
Most of the coins i followed was in top 50 at the bull and stay in top 50 at the bear. Byteball falled much more of average
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 13, 2019, 05:11:55 PM
Question... whatever happened to the TitanCoin token that was hyped as the first ICO on Byteball? I apparently have some tokens... did the project die? Huh

interested too...


3 weeks ago one of my colleagues talked to the former marketing man:

"...they plan to launch ICO some time this year. They just tried to KYC/AML but no response from coin holders. Just several had done it."

My guess is that they wait for the bull market to kick in before starting their ICO.
One more scam from the same people?

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Yes, it's in the app, it's called Bot Store.
What i can buy in Bot Store? I'm not a gambler and i don't need your insurance. I do not understand why you deny the obvious. Obyt has no use cases. It is not your personal fault. Most altcoins are not destined to reach adoption
46  Local / Альтернативные криптовалюты / Re: BYTEBALL: нoвый кoнсeнcуc нa DAG + привaтныe плaтeжи on: March 05, 2019, 03:34:37 PM

Более положительная новость, на которую отреагировали рынки 20% ростом:
OBYTE будет добавлен на одну из 10 лучших бирж (по объему CMC) в этом месяце

http://twitter.com/ObyteOrg/status/1102637084857298945

топ 10 по обьеу за какой промежуток времени? Я так прикинул там от 7 до 9 гавнобирж в топе. Шансы не очень Sad
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 05, 2019, 02:45:18 PM
I'm a Byteball dev and a service provider for the byteball platform and I'm still going to call it byteball because I never agreed with Obyte as it's an inconvenient name to pronounce and it looks weird. If you were going to change the name then at least do it right, or are you planning on doing this every year now so you don't need to put much effort into it? Makes me wonder. Anyway, the management has taken a step to the worse in multiple fronts so I'm not even mad. Dropping slack for an inferior service, changing the name into a worse one, having all these moon lambo bois like tarmo888 making dumb comments like "scaling can only come AFTER adoption". I'm glad the price is pumping with those pump and dump news though, because I am increasingly seeking for an exit from this project. It had all the potential in the world but is now screwed due to the uneducated but vocal moon lambo bois who joined the project with the last rally (2017/2018).
One of us)
My opinion is that the project was initially overvalued, including by me. But as time moved, the flaws began to show up as acne on the skin of a teen. After all it doesn't scale because tonych do not know how to scale it
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: March 03, 2019, 04:20:11 PM
After the rebrand months ago, Obyte will have significant improvements soon as the Obyte team said the changes on timestamps will be made.
Personally, I really like the very fast transaction speed of Obyte.
I made lots of transactions with Obyte and I have never got delayed transactions due to network's congestion.
It's amazingly power of the Obyte network to confirm transactions fastly and smoothly.
confirmation takes 10+ minutes for me. What you do to get fast confirmations?
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 20, 2019, 06:48:36 PM
Real world adoption (how it looks Smiley ) https://medium.com/fluidity/factor-805-introducing-dai-into-security-tokens-a02a98f69cd9
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ABOUT FACTOR-805
A new, near-completion 37-unit residential condominium building with retail space at 805 Washington Avenue in Brooklyn, NY, situated two blocks from the Brooklyn Botanic Garden
Investors have the option to purchase and receive payment in Dai or fiat, and to switch between the two
Current 12.49% (LIBOR + 10.00%) coupon producing 13.24% yield to expected maturity, payable monthly
Experienced repeat borrower with demonstrated experience in successfully building and selling out residential condominium projects in Brooklyn and Harlem
13 month maturity with the expectation that the first six month extension option will be exercised by the borrower
High demand and rapidly developing neighborhood attributable to its central location, convenient public transportation access, and moderate unit sale prices compared to more developed neighborhoods like Williamsburg and Park Slope
imo MKR will be the best performer for the next years
50  Local / Альтернативные криптовалюты / Re: BYTEBALL: нoвый кoнсeнcуc нa DAG + привaтныe плaтeжи on: February 20, 2019, 10:58:35 AM
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Красивое будущее ожидает Obyte по словам разработчиков
Помогите понять. Нашел такую цифру в 30 tps. Это скорость синхронизации дага 0байта. Например вчера появляется популярное приложение и сеть начинают забивать под завязку. Через 2 года даг раздуется до терабайта. Теперь новичок (бизнес, биржа, неважно) запускает фулл валет и ждет синхронизации 2 года? Но через эти 2 года даг раздует уже до 2 терабайтов. В то время как наши двухгодовалые новички засинхронили только первый терабайт. Теперь вся эта тема растет, народ начинает выключать ноды. В итоге новый пипл неспособен присоедениться, старики выходят. В один прекрасный день остается только 12 нод хранящих всю историю.
Теперь свидетель Иван решает завязать. Потом свидетель Петр, Сауль и Николя. В это время новые свидетели пытаются безуспешно нагнать точку стабильности. И вот семь свидетелей аут, сеть не способна распознать даблспенды. Как это устроено в красивом будущем?
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 20, 2019, 09:43:18 AM
What is the max size of the single transaction you can create in Obyte? How long will it take to process a 100 Gb weight transaction? Will such a transaction be able to disable the nodes?
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 19, 2019, 06:40:03 PM
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Why limit yourself to just payments
You not limiting yourself, you just use what you need and drop all unnecessary. For most of the merchants only simple payments are necessary. Recurring payments are useful for some business, but as you said even PayPal provide it.
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 19, 2019, 05:20:11 PM
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because it's not a same product as PayPal
what Obyte can offer to a legal merchant, that can't offer PayPal (visa, alipay, eth/dai and so on)?

That's kind of odd question from somebody who is into cryptocurrencies. Kind of tired explaining all the problems that fiat has over cryptocurrencies. You should already know these answers.

Have you ever seen obyte.org?
* ICO/STO Platform (cheaper and easier than on Ethereum)
* Developer friendly (friendlier that PayPal or Braintree or any other fiat/credit card processor)
* Risk-free conditional smart payments (doesn't even need oracle if used for Obyte assets)
* P2P insurance (either by finding a counterpart from public channels or flight insurance bot, could be used for other insurance too)
* Prediction markets (currently only possible by finding a counterpart from public channels and then offering contract via chat)
* P2P betting (either by finding a counterpart from public channels or via sports betting bot or BB Odds website
* Textcoins (actually what sending funds to email means, PayPal just uses email as account number, even better than PayPal when used with email attestation or username attestation)
* Sovereign identity (most coins only dream about it in their whitepapers, Obyte have it already for over the year)
* P2P payments in chat (like Venmo or WeChat)
* Chatbots (don't know any Chatbot platform that also has payments included, maybe WeChat and probably Facebook soon)
* Blackbytes (great for privacy, if used the right way)
* Cashback for merchants
You listed the functions, but the question was not about that. As a merchant you don't need ico, smart payments, insuranse, betting and other. You need only add payment button on your site and spend money from sales. That's all. Why Obyte button is better than Visa or ETH button? Why as a merchant i will prefer Obyte over ETH?
There is only one reason - the size of the community aka spenders. If i see that my customers want Obyte, i will add Obyte. There is no difference will on the button logo btc, eth or visa. Merchants want to sell their goods and they don't get a fuck about textcoins.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 19, 2019, 03:08:23 PM
i mean ok, you don't like illegal things. Where is the legal things then? Even random pornocoin will have more usecases then Obyte. Shame
For legal goods and services there are Paypal and credit cards. They fulfil the requirements splendidly.

The Zero-Byte regime now lacks the foresight that the unregulated market double every year.
The unregulated market not only offers illegal goods, but the suppliers there have an interest in using a marketplace where they can act freely without being confronted with the usual harassment by state authorities.

Again, not correct, you most probably are not PayPal user or haven't developed using anything using PayPal.

Money on PayPal is not your money, it's same as money in bank and PayPal is happy to freeze your money even faster than a bank.
PayPal is great for recurring payments, but lot of their tech is frozen for 10 years, so it is not really programmable money. For that use case, they have bought Braintree.
Things that PayPal is basically same as email attestation on Obyte. They are totally missing the chat payments, so they bought have Venmo too.

Obyte is much more than PayPal, Braintree or Venmo.

Most people opsec sucks (including me and you), so there is handful amount of people who would not shoot themselves in the foot doing illegal stuff on Internet. So, it doesn't matter if more people buy weed every year or not, suggesting them to use cryptocurrencies where it is still illegal is stupid. So, if there is only handful amount of people who could do their opsec securely without getting caught, there will always be bigger market for legal stuff, no matter if there is already PayPal or not, because it's not a same product as PayPal.
There is no need to be ultra illegal or ultra legal. Both markets are open and it would be great to be accepted on both. But both legal and illegal markets completely ignore Obyte.

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because it's not a same product as PayPal
what Obyte can offer to a legal merchant, that can't offer PayPal (visa, alipay, eth/dai and so on)?

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1) Like I said, don't see the hashrate drop even half linear or logarithmic scale, there was quite a drop in December, but nothing special. If the hashrate doesn't drop half, then the price needs to double. One or the other.
1. So, do you think that miners will start selling BTC without profit? Or they start selling their previously earned profit at lower value?
Small miners turned off the farms, large miners mined at the expense of previous profits
March 2018 Bitmain holdings:
BTC       22,082
BCH 1,021,306
Now
BTC      6,000 (liquidated 70%)
BCH 750,000 (liquidated 25%)
https://twitter.com/btcking555/status/1097819249538723841
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 18, 2019, 06:32:10 PM
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So, witnesses have no power to censor any transactions because that would go conflict with all the full nodes
could you shutdown witnesses of tonych for a day and we will see how transactions will not be censored? By the way is Tony still alive? Asking because haven't seen any meetup with him for a while. He must be doing something for real world adoption in his hole?
on a serious note why you still didn't replace even half of the witnesses? Is no one interested in breakthrough technology? Any hedge funds invested in Obyte? Any payment processors accepted Gbyte? Online merchants? Where is the results of your underground work?
i mean ok, you don't like illegal things. Where is the legal things then? Even random pornocoin will have more usecases then Obyte. Shame
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 12, 2019, 01:37:45 PM

1. So, do you think that miners will start selling BTC without profit? Or they start selling their previously earned profit at lower value?
2. Like you said, it reduces the printing of the new ones. And who is getting the new ones? Miners.
This means miners need to ask twice as much for BTC than they ask now and half as much new coins enter the market as before. They are not getting magically 2 times more powerful ASICs, that's for sure.
3. Bitcoin price has increased in anticipation of halving previous times, so you are saying that this time it won't do that anymore? How is this time so much different?
4. The whole logic of Bitcoin mining distribution is build on that price will increase with every halving for next 100 years,
5. so eventually the price would be high enough that miners can live off the transactions fees.
1. Retail miners will not mining BTC in loss for a long time and will shut down their farms. Big farms may do it some time and don't sell BTC in loss, but after all they become bankrupt. You can google these stories.
2. The price is formed not only by miners. The share of new generated coins is below 0.9%. This is a consensus between all sellers and buyers. If miners do not sell at the market price, they will not receive fiat and will not be able to pay bills. They will have to close the farms, mining difficulty will decreasing until reaches the break-even point.
3.
- Correlation does not imply causation
- Historical events are a reflection of the past and not a forecast of the future
- Past performance is no guarantee of future results
- for any conclusions you need a sample of 1000 halvings at least. You make conclusions with sample of 1 halving.
I ddn't say it won't or it will. That's you speak as if you came to us from the future. I am only pointing out flaws in your story. And actually this time is different. Capitalization has increased significantly. Bandwidth has reached the limit (I mean that now it is not just a story of haters).
4. The whole logic of Bitcoin mining distribution is not the law. It can work just as well as not work.
5. Do you mean if BTC will cost $100mm now, it will be fine to pay $1k fees? Cheesy . The whole logic of Bitcoin mining was fair distribution of coins and network protection. I doubt that the idea was to subsidize miners at the expense of buyers. You can find Satoshi's posts on this forum and read everything yourself. The fact is that 1mb block size was a temporary solution to a problem called spam. Initially there were no block size limit. It is logical to assume that under such conditions miners would live at the expense of volume (volume of transactions) and not at the expense of high fees or subsidies. But again, now it become political. So read yourself, in any case it is interesting to find out how it all began.

1. Who is going to mine Bitcoin then? So, you predict that instead of price at least doubling, hashrate will half instead? When has that happened before?
3. There has been more than one halving before and this time it is not different, just like it wasn't different last time. That whole "this time it's different" logic is also why people get burned with bull-runs because they think that this time it won't crash, it will crash again and again.
Historical data can't predict the future for stock, but you can't also ignore it. Because of the distribution, Bitcoin cycles are not so much like stocks.
Bandwidth hit the limit during the bull-run and fees were high, it's not a problem right now. Lightning will make it less an issue during next bull-run.
5. Why $1k fees now? The reward is just halving, not divided by 10. It has 100 years to go in order to replace the rewards with transaction fees. During that time, 1mb block size can be increased as well. Also, because of SegWit, more improvements on how many transactions can be fit into same size block will be done, so both of these will mean that there will be unpredictable amount of transactions on mainnet in 100 years.

I wasn't into Bitcoin in the beginning. To be honest, I even thought that XRP made more sense, but having invested half of my time as developer in this space during last 1.5 years, I have found that somebody who likes altcoin like Obyte, which has found a different solution to problems that Bitcoin has, hating whatever is TOP3 is kind of stupid. More better TOP3 does, the more chances Obyte also has.

I don't mind anymore (but I am glad it has stopped) that over 50% of bytes were airdropped to BTC holders because without BTC, there wouldn't probably be Obyte.
1. Different miners have different economic costs. There are miners who will stop mining at $3k, while others will still be fine at $2k. I'm predict nothing. Price can go up, price can go down, price can stay the same. I don't know lol. The same for hashrate. Predict something can people who own necessary information. Like how many farms will be off at X price. The same applies to the price, if you have information about cash flows and plans of billionaires, then perhaps you can predict the price movement.
https://www.blockchain.com/charts/hash-rate?timespan=all you can see correlation of hashrate with BTC price
3. This time is different. Capitalization has increased significantly. Bandwidth has reached the limit. That means we know that Bitcoin is unusable in big scale. You expect a big scale when you think about the next bull run, because you need really much money to push this cap even higher. In the end, it doesn't even matter. A sample of two interactions has no value. Throwing a coin twice and seeing two times one side, you will not say that the coin has no other side or that you can to predict the future. You look like an avid casino visitor who, seeing 5 times red in a row, puts everything on black Smiley
 Lightning is in beta on very early stages, there nothing to talk about.
5. Because there no difference now or in 2125. If you ignore usd inflation, people will find $1k fees per tx unusable at any BTC price and any point of time. Replacing the subsidy with transaction fees is possible only if the volume of onchain transactions is increased. Bitcoin community seems strongly reject it. Speculation about their future behavior make no sense.
Do not know what you want to bring here with SegWit. Segwit is a malleability fix mainly. As a side effect, we got an ineffective increase of the block. SegWit reduces transaction size, so miners can put more transactions in the block. While the amount of data moving through the network remains the same. Roughly we got x2 transactions in the 1mb block, but also we got x4 to the amount of data moving through the network. So it would be better to have 4mb blocks with x4 transactions instead. But again SegWit had other goals.
Honestly i think Obyte is a step backward compared to Bitcoin. You may disagree, i'd recommend to read early Bitcoin posts. People tried to escape from Obyte model in 2010, now it's called crypto 3.0 though lol
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 12, 2019, 09:36:18 AM
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because of halving
halving does not reduce the number of coins in circulation, but only reduces the printing of new ones.
328500 btc will not be mined annually next years after this halving or less than 1.9% of the supply in circulation. It is unlikely that this is enough to change anything other than a hashrate.
besides that a shit show can't last forever. It possible that it was the last cycle for useless altcoins.


1. So, do you think that miners will start selling BTC without profit? Or they start selling their previously earned profit at lower value?
2. Like you said, it reduces the printing of the new ones. And who is getting the new ones? Miners.
This means miners need to ask twice as much for BTC than they ask now and half as much new coins enter the market as before. They are not getting magically 2 times more powerful ASICs, that's for sure.
3. Bitcoin price has increased in anticipation of halving previous times, so you are saying that this time it won't do that anymore? How is this time so much different?
4. The whole logic of Bitcoin mining distribution is build on that price will increase with every halving for next 100 years,
5. so eventually the price would be high enough that miners can live off the transactions fees.
1. Retail miners will not mining BTC in loss for a long time and will shut down their farms. Big farms may do it some time and don't sell BTC in loss, but after all they become bankrupt. You can google these stories.
2. The price is formed not only by miners. The share of new generated coins is below 0.9%. This is a consensus between all sellers and buyers. If miners do not sell at the market price, they will not receive fiat and will not be able to pay bills. They will have to close the farms, mining difficulty will decreasing until reaches the break-even point.
3.
- Correlation does not imply causation
- Historical events are a reflection of the past and not a forecast of the future
- Past performance is no guarantee of future results
- for any conclusions you need a sample of 1000 halvings at least. You make conclusions with sample of 1 halving.
I ddn't say it won't or it will. That's you speak as if you came to us from the future. I am only pointing out flaws in your story. And actually this time is different. Capitalization has increased significantly. Bandwidth has reached the limit (I mean that now it is not just a story of haters).
4. The whole logic of Bitcoin mining distribution is not the law. It can work just as well as not work.
5. Do you mean if BTC will cost $100mm now, it will be fine to pay $1k fees? Cheesy . The whole logic of Bitcoin mining was fair distribution of coins and network protection. I doubt that the idea was to subsidize miners at the expense of buyers. You can find Satoshi's posts on this forum and read everything yourself. The fact is that 1mb block size was a temporary solution to a problem called spam. Initially there were no block size limit. It is logical to assume that under such conditions miners would live at the expense of volume (volume of transactions) and not at the expense of high fees or subsidies. But again, now it become political. So read yourself, in any case it is interesting to find out how it all began.
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 11, 2019, 08:13:05 PM
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because of halving
halving does not reduce the number of coins in circulation, but only reduces the printing of new ones.
328500 btc will not be mined annually next years after this halving or less than 1.9% of the supply in circulation. It is unlikely that this is enough to change anything other than a hashrate.
besides that a shit show can't last forever. It possible that it was the last cycle for useless altcoins.
besides that bitcoin is in bad position. It need to keep big hashrate to be safe against 51 attack. This is achieved either by an ever-increasing price, or by fees. Both scenarios unrealistic. Nothing is grow forever. Users will not use system with $100 fees. Community rejected a proposal to increase the block, therefore, increasing the pool of fees by increasing the number of users (without increasing the fees themselves) also will not work.
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 06, 2019, 04:09:58 PM
Above all, it shows that "the team" constantly refuses to develop a real benefit that appeals to the only target group that really needs crypto currencies.

A topic which consistently bounces off the filter bubble. The tarmo commentary makes this all too clear again. The uncomfortable essence of the criticism is simply filtered out.

Yeah, but maybe you are the one who don't see the big picture. The goal is a wide adoption, not just some black market niche, who already has plenty of options.

Eventually everybody will benefit from cryptocurrencies, even if they don't totally replace fiat currencies. The goal is not to replace fiat currencies either, the goal is to provide alternative, the more sound money than what we have today because of the central banks trend to get rid of cash.

If people would agree with you, you would have already found developers to build what you want others to build for you. If nobody wants to join you on this idea that you are trying to push then maybe you are just wrong?
Obyte do nothing for wide adoption. Or obyte do something for wide adoption, but world don't need another "Ivan print own best money" altcoin. Every day some guy create a new altcoin for wide adoption, nobody cares about it. It looks like a psychiatric hospital with Napoleon's, beyond its borders no one knows about their existence. Obyte reddit even don't get a 100 subscribers  Grin. There is not a single payment processor receiving bytes after a 2 years of existence lol. What wide adoption are you talking
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: February 05, 2019, 06:30:48 PM
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Users who FUD the coins that they themselves hodl are the biggest mystery for me. I think that only happens in crypto-verse, haven't noticed any other investors doing something stupid as that.
"It's when the tide goes out that you find out who has been swimming naked," people cease to engage in self-deception when the essence of their bags becomes obvious
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