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Distribution of Bytes is now finished.
61,299.720840161 GB distributed
645,222.052937914 GB is available supply after the distribution.
Distribution of blackbytes will start in a few hours and will take a few days, be patient. I'll post here when it is complete.
I'll decide and announce the plans for future distribution around mid-November. But it is already certain that we skip the December full moon. The purpose of the free distribution is in acquiring new users, and we should use the remaining undistributed coins most efficiently. That's why we are slowing down the distribution and gradually phasing out the method based on balances, which is not expected to produce much positive impact any more. Cashback has already proved more efficient in terms of cost of user acquisition, albeit it is still slow. Other product updates linked to the distribution are still in the making but not certain enough to speak about them now, I expect more certainty in the middle of November.
Monthly distribution successfully acquired tens of thousands of new holders, but at the same time bytes always oversold badly. Short-term sellers enjoy their free lunch, while hodlers have suffered most. That's not healthy thing for the community... Not sure the cashback program is the best way, but i agree that we should use precious resource for more productive way. |
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Joined the airdrop. Good luck Devs!  |
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got 1000 YAJU. thx dev team. how can we start PoS?
Just open your wallet if you encrypted it then unlock it leave it open sit back and relax it will do all the work for you.. thx!! i thought i have to do something to start PoS mining. |
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got 1000 YAJU. thx dev team. how can we start PoS?
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Dev team, product (at least MVP) and their willingness of sharing information
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i don't see bitcoin as a currency. it's the strongest blockchain which could be used as means of exchange or transaction. those features are just
some applications of bitcoin blockchain and there should be many others on top of it. as many applications appear, value of bitcoin blockchain increases.
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I'm using greenwallet mostly. i know i should use a hard wallet from security standpoint, but i like to hold them in my smartphone as i can carry them to anywhare.
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I'm going to hodl as much as possible.
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imo, even if better cryptocurrency appeared, btc will be the top one, because of its history and network value.
as a currency, there will be bunch of better one in near future, but as a protocol, i don't expect anyone compete with btc. (other than eth.)
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experience or knowledge from daily job always helps you to predict/understand future of crypto. don’t quit your job.
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we need more info. is there any update?
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i heard some starups like bitpesa are providing bitcoin related service. (mostly international remittance)
also heard Safaricom provides mobile payment solution to their customer, so am interested to see how bitcoin could co-work with such local financial services. it will be different from those in US or other locations
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brokerage firms or investment banks will tap into bitcoin soon as a trading tool or investable asset. brokerage firms will trade whatever their clients want, but it doesn't mean they would adopt bitcoin as a financial function. they just want volatility to trade.
so, i don't believe traditional banks would recognize bitcoin as a method of transaction or sending money, but other players like fintech companies or next generation banks will start using bitcoin.
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Personally, i believe GBYTE is one of very few promissing projects and has unique feature among thousands of crypto space. Also like its fair distribution and devs like tony working hard. However, that distribution causes the trouble on its price. Not sure who is selling bytes in such cheap price, but probably someone who got it for free doesn't care about its price.
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I think Byteball will rise after the fork of Bitcoin...
but I think that byteball will grow only after all the airdrops run out. only then demand exceeds supply I would completely agree with you if there was no working product, but the potential for increasing demand is already there. Yes, you're right, but still, once a month a pile of coins is distributed for free - it can not be good for the price Without having Bytes you don't get those coins... but yeah, airdrops come with the risk of huge sell-offs Totally agree with you guys... I really want devs to use rest of bytes for other purpose... |
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people should not lease waves to receive return, but it's ok to do it in order to receive dozens of weird tokens which do not have any value....
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I'm waiting for AIRSwap ICO. It's on 10/10. Let's how it goes  same here. it looks promissing... |
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