Given that most transactions are 500-1000 bytes, only 10% is redeemed, and there are 8.8 * 1014 still undistributed bytes, if you do the math, you won't like this idea yourself.
I don't see where this number comes from. All of bytes will be distributed this way eventually. If you want to distribute them faster, you could redeem 90% of fees. 8.8*10 14 is the number of remaining bytes to be distributed: In percentage, that is 100-10(first round)-1(tonych's)-1(first 100m users) = 88% of 10 15 which is 8.8*10 14. Distributing that amount only by redeeming a fraction of the fee would take quite some time. |
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up to 5k (GB) at rate 0.0012 BTC/GB.
pm me thanks
I guess you are buying? please PM me your offer
please PM me your offer too sir, thanks
Maybe you should state if you are interested in buying, selling or both, and if it's in bytes, blackbytes or both. Thank you. |
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Do you know what to do with Blackballs? If there is a market for them? Do they have a actual market value?...
You can exchange blackbytes (not blackballs  ) for bitcoins or bytes. Check the channels #trading and #trading_blackbyte on the Slack and/or this topic https://bitcointalk.org/index.php?topic=1728405. |
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currently 100,000 of 1,000,000 have been distributed... only 10% ... another 9x this amount and we have our final amount.
all im saying is that if a supply increases by 900% over a short period of time usually the price is impacted.
Yes, that's true, however, the rules of distribution have been changed to slow it down, the total supply won't be distributed over a short time period (well short is subjective), it may (and probably will) take years. |
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its going to be a dump fest from now till next distribution.. and then after a fresh batch of people get distrubted another 50%.. another dump fest.. best time to buy would be around march. but even then still another 9x the current amount to be distributed.
At least get your data straight if you want anyone here to take your baseless predictions seriously ... Dump fest? 50%? March? 9x? Where the heck does all this data come from? Maybe you know things that we don't or live in an alternate reality/world where these numbers make sense (yet you are able to post here ...). |
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BLACKBYTES ARE ALREADY DISTRIBUTED!!!!!
no one get this
Please read the opening post and/or a few posts back before using the caps lock. It has never been said anywhere that all the blackbytes have already been distributed. How many times do we have to outline that the total supply of blackbytes is 2.1111 times that of bytes, that we all got exactly 2.1111 times in blacks what we got in bytes? Unless tonych keeps all the remaining blackbytes to himself (which doesn't make any sense), this doesn't make any sense ... |
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Searched the %appdata% on windows 10 machine and that sucker is no where to be seen. Not even a folder in that list that says "byteball".
%localappdata% is the one that points to C:\Users\<name>\AppData\Local, there you'll find a folder named byteball. |
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i think its only fair to give an advantage to BTCD holders as they have been with the project for way longer than ICO investors. They are like super early investor when a company is running out of the garage.
That's probably true for some holders, yet there are current holders, who bought BTCD when the ICO started, and/or who are buying now to benefit from the bonus. Fairness might be irrelevant here and shouldn't be an issue as the rules were layed out from the begining. |
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Next distribution is going to be 1/5 or so compared to first one, so unlikely it will affect the price a lot. A price will be manipulated by wales who got a lot of bytes during first round.
So only 20,000 GB will be distributed? Probably less. If all GB from the first round is on linked addresses, 10 000 GB will be distributed to the GB holders. Plus, for each linked BTC, 62.5 MB will be distributed; if the linked BTC stays at 70 000 BTC, that's only 4 375 GB. |
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1.Not. Not yet.
Cool . 2.For me, leaves no doubt. Just caught by the hand.
It seems a bit hasty of a conclusion . 3.Cryptsy also started with this. Manipulation trade. Delays appeared later. Then the end.
Didn't know about that, thx for the info. 4.OTC thread for now.
That should be the way for everything , but it's quite unpractical. Anyway if you are selling bytes and/or blackbytes, PM me  . Personally, I'm tired of all these cryptorush mintpal cryptsy etc. Do not step twice in the one and same rake  I understand, yet I don't think we have any proof to say that cryptox will go down the same road ... |
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is it allowed to change the signature now or should we wait until the launch of the main network ..
You can remove it. It's been quite sometime since the signature spreadsheet has been updated with the latest counts. Check the opening post for the spreadsheet to see if your stakes are okay, you also have a form to report any incoherences/problems. |
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thats actually what i say...its a scam...who decide 50.44 KMD per BTCD??? It was the Komodo Team, not the market. Why they dont say 40 or 30KMD for 1 BTCD? on which basis they calculate it?  The market decides the value of BTCD and that is half of the equation as to how much KMD you get per $1.00 of BTCD. If you look on Poloniex, you will see that there is not much available at low rates. If you bought the same 33 BTC worth, you would jack the price up over 50%, and would be less KMD (in USD terms) than at the start of the ICO. But there is a limited amount at lower prices and will probably get bought up soon. I'm going to add more myself as soon as my deposit to Poloniex clears. You should stop your illogical whining and buy some more before the price goes up. Not everybody has spare funds to buy BTCD now and lower there entry price in the ICO and not everybody wants to do that either, maybe some lost faith maybe not, maybe the BTCD price will go down further maybe not, lots of maybes and nothing is sure/predictable, so there's no sure/right strategy when it comes to this. The swap rate has been decided by the team (yes it was based on the mean price during last August), this has been clear from the start, it wasn't a last minute decision or something, the rate was known and it was an investor's decision to invest using BTC or to buy BTCD to swap it later. |
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I can't find the quote but tonych said that the next linking phase has not been announced yet. At present you don't need to link your address.
Anybody correct me if I'm wrong
The transition bot is up again, you can link and check your linked addresses by chatting with it. transition.byteball.org however, still displays the first round data. If we did not touch our linked funds. They will still be linked and nothing to do for the second round right?
Yes. Even if you touched them, you can always send them back to your already linked addresses (which will stay linked for all the subsequent rounds). |
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Dangerous. Cryptox.pl is SCAM.
Did you have any issue withdrawing your funds? Check the history of transactions from 6.01. Compare with coinmarketcap charts.
You will not find the value 0.024. Although such transactions took place.
Transactions are rewritten in retrospect.
Do you know how coinmarketcap update their data? There's a high probability that values are added to keep the graph continuous, they also might use mathematical means, roundings, etc. Having said that, there's also a high probability that all exchanges use fake orders/history, sell and buy to themeselves. This indeed is misleading for users, yet their money isn't directly lost for all we know ... Your money at risk.
Why? Use other methods of exchanging until the trusted exchange.
What is a trusted exchange? If you are looking for one that doesn't steal your money directly then cryptox is trusted. If you are looking for one that guarantees no fake orders, no automated bots making up fake volumes, then you'll have to create one yourself . |
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All blackbytes are already distributed, there is not 2.1111 times more blackbytes than bytes, their limit is the same 2^15, but blackbytes had to be distributed all at once. Guess why.
Rest of rounds will consist of distributing only bytes.
Sorry, but those numbers do not fit each other. We all got exactly 2.1111 times more BlackBytes than Bytes. Currently only 10% of Bytes is distributed, so if it is true that all BlackBytes are already distributed now, that should mean there are much less BlackBytes than Bytes! And btw there is 10^15 Bytes, not 2^15, as far as I know. Something is wrong in your statements above. Please clarify. Just a mistake/misunderstanding I guess ... drays, your numbers are the correct ones.
Since the total supply is huge, how can you trade in the exchanges? What is the unit there? Difficult to trade right?
GigaByte (GByte or GB) is the trading unit. 1 GB = 10 9 Byte. |
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Of course you get an answer Thx . Your answer “…this takes us to 5 to 10 years” frightened me.
This was under the assumption that only 70k stays linked and that each byte will give 0.1 byte at each round (which is not true). 2. How to find a rule (a comprehensible abort criteria) to chance to fast Distribution=>old rules (Which is very powerful for early adopters.):
*62.5 MB for every 1 BTC of proven balance
*1 new bytes for every 1 byte
This rate could indeed be reached as it is the aim of the distribution, to gradually decrease BTC weight/increase bytes weight so that BTC weighs as much as 62.5 MB, but a similar rate will probably be reached in the latest rounds ... The second rule is to prevent the distribution to become a faucet (... if the distribution grows very slowly -> homoeopathic distribution).
I actually don't see why a 5 to 10 years distribution would be that faucety. Aren't we going to see the last mined bitcoin in 2140 ? (Well we'll probably not see it .) |
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Everybody knows that the most honest person in this thread is me, right after tonych 
The estimated growing is my pure speculation . I wanted to show (without a lot of words)that there is'nt (can’t be) a valide answer at this time. Thast’s the problem.. So, tony has to adjust (as he explaint) to give everyone a real chance in the next rounds.. Growing is the key (as tony also explaint) and nobody can extrapolate from only one given point (round 1). Yes I agree with you, was just wondering if there was something else behind it apart from speculation  . Our chat yesterday caused me to make some supplementary considerations. Good, that's what chatting is for . 2. rule: still standing bytes must be more or equal 38% (according to the old rules with 4 rounds 10%,20%,30%,38%)
After one of the abort criteria is achieved the weight of the byte is increased massively (according to the old rules). Using this we are conform with the old rules…
I don't understand this second rule and I don't see why old rules should be taken into account, can you please explain a bit more? I’m finished with this slice. Does this mean I can't expect an answer ? |
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i too am very honest, probably the most honest up in this thread right after tonych.
Sorry but couldn't let this one slide . Do you realize what you are saying ? It's like you know all about tonych and all about the users posting on this thread, so that you can actually say that tonych is number 1 honest person and you are number 2. That is so preposterous that it becomes hilarious. Yes, you can have a high opinion of yourself and of other people, be it justified or not, but please don't go around throwing bold statements like this, which, at the same time, are foolish. Let me push this a bit further and ask you how you came to this conclusion . Sorry for the off-topic by the way . |
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I am wondering one thing... In second round distribution. If I get in 1. round 1GBYTE and then I purchase another 1GBYTE will I get in second distribution 0.2GBYTE (cause I have 2GBYTE) or only 0.1GBYTE (because I got 1GBYTE in first distribution)?
You will get bytes according to what's on your linked addresses. Your 2 GB should be on BB linked addresses, they can be on the same one or on different addresses, as long as they are on linked addresses, they will count for the distribution. |
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