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Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
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on: August 22, 2017, 09:48:13 PM
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Surprised byteball trading thus low, almost the same price after 1st airdrop dump. Did people lose confidence on this coin? I think it has pretty good tech behind it.
The whales (mostly BTC whales, who tend to be BTC maximalists) control the price, and a few factors seem to have contributed to the massive drop: - Back to back 20% distros
- Reaching the 2nd half of the distros where more than half the tokens are already in circulation, meaning the "interest" potential of held bytes is disappearing quickly
- A few technical problems / outages recently
- The BTC fork creating additional demand for BTC due to the "free" BCH and scaling potential supporting a higher BTC price
- The post-fork BTC pump creating the (likely) illusion that BTC price is unbounded
Believers in Byteball are using this lull as an opportunity to accumulate more bytes. In my opinion, this project has an extremely bright future, and the price has nothing to do with it. absolutely my thoughts as well |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
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on: May 10, 2017, 09:48:17 PM
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It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.
On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders. Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.
So, these are the rules for the distribution on June 9 (nothing changes for the today's round):
BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes
Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776Ok cool, any specific reason for the increase to 2x on holding bytes? He said it dude: " Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins."omg dude, yeah you're right. I was in a hurry, so I just read the changes, sorry. |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
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on: May 10, 2017, 09:41:52 PM
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It was promised that the distribution formula will change in the future rounds to give more new Bytes to current Byte holders relative to BTC holders.
On June 9 we'll have the 6th round of distribution, and after more than 4 months in the wild and having survived multiple post-distribution dumps, I think now it feels safer than before to participate in the distribution with Bytes, that's why the formula will change in favor of Byte-holders. Also, I want to accelerate the distribution to minimize the perceived uncertainty connected with undistributed coins.
So, these are the rules for the distribution on June 9 (nothing changes for the today's round):
BTC to bytes: (no change) 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: (no change) 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: (2x increase) 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: (2x increase) 1 byte on linked Byteball address gives you 0.42222 blackbytes
Spread the news, please retweet: https://twitter.com/cryptkeeperbtt/status/862417062869835776Ok cool, any specific reason for the increase to 2x on holding bytes? |
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ATMS is already on app so idk why are u requesting to add this coin.
