I would never trust an exchange that had been hacked. If other people do, that's fine. They risk their money, not mine. I don't even trust exchanges that have never been hacked. If I have to exchange btc i do it in small tranches one by one and withdraw immediately.

Unfounded excitement - Bitfinex is a crap exchange.

https://en.wikipedia.org/wiki/Bitfinex_hack

What makes you think so?

You just distribute bytes to linked addresses only. If the address is linked it means somebody has access to it. Anyway GBytes that end up in dead addresses just increase the value of the remaining Gbytes so it's not that big of a problem. It's just a bit wasteful but I can live with that.

Some bytes are distributed to dead addresses. Addresses that nobody has access to, i.e. lost by somebody due to no backups. I think it would be better to distribute bytes only to linked addresses.

After linking don't send any transactions, even to yourself, because it will move the remaining bytes to a new change address that won't be linked. Additionally if you are making a backup you need to do a new backup after every outgoing transaction. The reason is the same (bytes are moved to a change address that is not backed up). To sum up: after every outgoing transaction you need to make a new backup and a new linking.

Furthermore a new backup is necessary after receiving every blackbytes transaction because blackbytes are stored on a local device only. If you don't make a backup after receiving blackbytes you won't be able to recover them if you loose access to the device.

Yes, you need to link via Transition bot. Go to Chat and Bot Store, add Transition Bot and say hello to the bot. It will lead you further. You just provide byteball address and bitcoin address that you want to link. After that it will tell you how many GB you will get during the next distribution round.

It doesn't matter. You just need to link every address containing btc and byteball. The ratio is the same regardless of how many addresses you link. What matters is how many btc and bytes are on each linked address.

I didn't read the announcement carefully. They seem to announced it before halting so it's not shady actually, although the announcement does not have date of publishing.

I definitely believe that. I don't think the coming fork is going to stop/kill/criple bitcoin. It's just not certain which chain will win in the long run. That's why I think it's better now to hold btc instead of sell.

It's foolish to sell btc now when it is the last chance to buy bitcoins that will be able to be imported on whatever split chain emerges after 1st August. After that date it will be possible to buy only one chain bitcoins. It's like selling ethereum before DAO split. Anybody holding or buying before that split ended having ether on two chains instead of one (Ethereum and Ethereum Classic). Unfortunately people don't act rationally but emotionally.

Isn't that a nice historical price performance?

When the distribution is over the only way to get GB is to buy.... Can't wait to see how that will affect the price.

It's all btc linked, not any one person.

Unfortunately not. The crucial part was the first distribution round where the GB/BTC ratio of the distribution was the largest. If you think about investing small amount of money in byteball linking doesn't make sense as preceding talker explained. Buying GB gives you a better return because of the 0.2 distribution ratio.

Additionally my calculations regarding potential GB price rise are as follows:

1 GB = approx. 16.5 BTC when (and if) byteball achieves parity with bitcoin in terms of market cap.
Current price is 0.38 BTC which makes it a potential 43 times return on investment (4300%).

If you invest 0.01 BTC now by buying GB (linking doesn't make much sense with such small amount) you have a chance to earn 0.043 BTC ($1000). Not much actually and it all depends on the big 'if" byteball achieves parity with bitcoin. Nevertheless 0.01 BTC is just $25 therefore you can't expect any significant amount gained on such a small investment in any field actually. A $1000 investment is a starter to me in any field. A $1000 dollar investment would potentially give you $43,000 when the big "if" happens.

My byteball holdings will surpass my bitcoin holdings in terms of fiat value after the coming airdrop. And I didn't buy any GB. All bytes I posses I received just by linking btc. This is incredible.

Unfortunately it is. Every full node stores a full DAG database which contains the history of all transactions ever happened. There's no sharding/pruning as of now.

The bottleneck in this setup are full nodes (and to some extent light nodes) and synchronization. Imagine 20.000 tps. With such huge load full nodes would not keep up with new transactions coming and they would be in constant synchronizing state. The same applies to witnesses, oracles etc. 

Much vaunted Eth is having a congestion problem causing overall cryptomarket into a downside push. I wonder how would Byteball deal with a similar load of transactions. Would it handle it better?

https://news.bitcoin.com/status-ico-generates-over-60-million-but-fails-to-deliver-meanwhile-ethereum-flounders/

Target price for 1 GB is 16 BTC.
It is a point at which Byteball achieves parity with Bitcoin in terms of marketcap.