It would have been very dumb to null top 2% of balances, because then people who have their balances spread over multiple addresses would continue to receive GB (and ones who cared would simply distribute over multiple addresses). If you had done retroactive snapshot, you could have effectively distributed all at once and airdrops would be meaningless, defeating the purpose of getting more users to link. Also, those who held BTC on an exchange, would not be able to withdraw and participate.

Also, the idea of not distributing to bytes that have been moved is ludicrous. The whole point of byteball is using the currency and platform. Most bytes that have moved were not sold on exchanges.

I think a new solution is needed, e.g. continue cashback program, keep 50,000+ GB for development and bring on a bigger core team, including some marketing people, and "ICO" some for the foundation to have BTC and $/ruble or sell on market at a higher price. Or some new method which tonych is implying he came up with.

I think a good sketch of an overall plan would be:

• halt further distribution to btc holders OR cut it by ~90%, outline maximum GB/GBB to be distributed this way, and add a proportional distribution to ETH holders, and halt distribution when out of allocated GB/GBB
• outline exactly how many of the remaining GB/GBB will be sent to GB holders, and distribute it in a special distribution or a definite airdrop schedule
• hold back roughly 50,000-100,000 GB and use it for a foundation to support development and marketing (but mostly development)
• hold back roughly 10,000-50,000 GB for continuing cashback program
• use 0-100,000 GB for whatever other mechanisms you have in mind

This way the knowledge of future inflation will be precise and the price/project can have some confidence boost.

I invested twenty GB to titancoin for the second round, good luck with the project!

Wow, that is fantastic all around. Good work. The simplicity over competitors may make byteball a platform of choice for entrepreneurs in the future.

I admire the launch of Titan coin, however I worry that it may not reach (or approach) its goal of 56,000 GB as that is almost 10% of circulating GB supply. Furthermore I would recommend due diligence as it is ambitious project with a complex investor compensation scheme, and there are many steps involved in the plan.

It would be much easier to raise $10 million with a bytes market cap of $1 billion.

Yes and that is a great location 

That's worth ~.00261 BTC or ~$14 USD.

When is the ICO? Will Come-from-Beyond be joining the team?

edit: can we get a roadmap please?

Do you think that the unfilled buy walls on bittrex indicate that dumping is slowing down? 2000 GB dumped into them yesterday, but 1000s more remain on buyside. Already 50,000+ GB have changed hands below 0.05 BTC per GB.

Bittrex exchange has 48,000 GB on it currently. Most concentrated GB holders such as LISK, Iconomi, and 1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC (53,000 BTC holder) have not sold anything recently.

The high volume is encouraging to me because it shows accumulation of most unwanted bytes is occurring even after price crash (rather than continuous dumping into ever-decreasing price). .03 BTC/GB may be the floor.

I think with bitcoin at $10,000, byteball bytes could easily go to $5,000 per GB ($5B market cap) and blackbytes could go to $200 per GBB in the next year or two. Possibly a renaming could help the price and adoption.

Cardano looks like it appreciated much from the ICO price. It may take a while for it to rise simply because of its already high valuation ($650M). Verge just has me shocked because it was sitting at $250k market cap for so long.

Byteball seems like a good platform and bytes are very undervalued right now at $200 per GB, great entry point.

There is an extraordinarily large bid on bittrex, 130 BTC to buy 4000 GB at .0333.

Technically, it looks like the bottom is in for now, although I would wait until the price stays above .04 to be sure. Three consecutive daily green candles and approaching two weeks of staying above 0.03 after hitting it, with moderate volume and moderate/growing buy side of the orderbook. 80 BTC market sell makes the price -33% from .036 whereas 80 BTC market buy takes the price +66% from .036.

Interesting that it is still around and semi-active. Has anyone been able to withdraw from poloniex this year since the delisting? I have 100,000 something XBB left there. Edit: Wow it isn't even listed in balances any more.

Recently, Byteball Community Fund exchanged 50,000 GBB to 1,500 GB on October 5th and October 8th for an average exchange rate of 0.03 GB/GBB! That's 2.5 times the all time GBB volume on Freebe and BEEB combined! Could the identity of the blackbytes purchaser be disclosed? Also, it is unclear how the fund received 10000s in GBB distributions with a GB balance on the order of 10. Undistributed blackbytes go to the community fund. https://docs.google.com/spreadsheets/d/1foYdri-vadnq8Kbr51QVhBlXiswHtiDpaShVaWO060s/

Current Balances:   1,558.8387 GB   39,159.9683 GBB   5.1924 BTC

I would support additional contributions from the undistributed bytes are made in the realm of 20,000 GB to bolster the finances of the project (separately from founder's 1% reservation). Additional hiring as is financially prudent would bolster confidence and continued development. If the byteball market cap were to breach $1,000,000,000 I would also support significant open market selling of some bytes to raise some bitcoin and additionally hedging into fiat currencies. It wouldn't be wise to sell for much BTC at current prices of bytes.

I am unsure of how the voting feature recently introduced into Byteball works. Possibly this could allow majority of bytes to endorse an allocation from the undistributed pool of bytes. The governance structure would also need to be reexamined and a roadmap created for this to work.

Thoughts?

I have used Changelly a lot to exchange 50+ BTC and they have been reliable and honest.

We're getting some major liquidity on buy side and sell side in the blackbyte market, buy/sell 1000s of GBB can move price <20%, midpoint is .0325 GB/GBB. come dump your blackbyte bags or load up today @ freebe.byte-ball.com

Great find! Dev is looking to hire others to help develop project. Can you confirm this is your listing tonych?

At least I can watch the GB/GBB market with some sanity. Much more stable than the GB/BTC price. And it's getting more liquid thanks to freebe!

Interesting Reddit thread: https://www.reddit.com/r/ByteBall/comments/75dkpb/byteball_has_a_name_problem/
I think the project would do well to consider renaming. Look at what hapenned with Antshares --> NEO

This bear market has been tremendous, but buyers at this price have the potential to 100x their investment even in terms of BTC within the next two years--depending on the future course of development and adoption. Over 1 million BTC is linked to airdrops, yet the current market cap is less than 2% of that.