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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1225700 times)
pwpwpw
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July 16, 2017, 03:26:44 PM
 #11181

WOW, buying in at .24 and .20 doesn't look like a good idea anymore. Since I am new to this coin, can someone tickle my ears a bit, with a ray of hope? I can feel my weak hands starting to give out and dropping this. Only thing holding me back is that I hate selling at a loss. However, I hate getting left holding the bag even more.  Roll Eyes

I sent half of my stash to bittrex, was ready to dump it into the 0.15 400GB buy order but I just couldn't click the sell button.. this is the coin I believe the most in, with the coming shitstorm of august 1, I believe in byteball more than btc. Now it's 0.18, I could sell it and pray people panic enough to dump it to ...0.12? I could do that but if people realized what I did and see how good this is compared to the top20 coins, then they won't sell and I just fucked myself over because of greed. The only thing that makes me scared is the buy wall, people either don't know about this coin or they all pray that others will dump their "free coins" so they could buy it up at 50% discount.

On the other hand, look at the sell orders. Not much, 52 BTC (bittrex) almost doubles the price (0.32), so this make me think that people actually understand the potential of byteball, very fast transactions, 0.00017$ fees (with current price, if byteball did 100x and btc stayed at current price, fees would be 1 cent USD) constant quality development / bugfixing and new features monthly or so. I believe by this time next year, we will have huge market cap, buy orders not at 100-200BTC but thousands.

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July 16, 2017, 03:49:38 PM
 #11182

I synced as full wallet now but when trying to restore my GBYTE wallet with seed it just says no active addresses found, who can help  on this issue?

clovis A.
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July 16, 2017, 04:04:34 PM
 #11183

When can I expect the transition bot to be back online? Need to link a new BTC addy Smiley

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Cloud storage is about to change
                          Are you ready?
cryptocratic
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July 16, 2017, 04:05:48 PM
 #11184

Good time these days to remind people that byteball doesn't have blocksize issue.
SatoNatomato
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July 16, 2017, 04:26:29 PM
 #11185

What are the advantages of Byteball over Iota?

* Does not require Proof-of-Work.

* Has almost-zero fee, without working for transactions, at current price fee price is $0.00006 when 1GB reaches $700 000 price, then fee would be $1.

* Suitable for IoT

* Has no central Coordinator like iota has

* Has 12 witnesses, each of which can be evil, only majority has to be trusted to not collude - like trusting bitcoin/ethereum miners to not collude.

* Anyone can start and run a node, hub or witness without permission and social-interaction on a slack like iota. Is permission-less

* Byteball has smart-contracts, now, not a promise

* Private/untraceable assets, again, for Byteball works, not a potential vague promise as iota

* Byteball has Fair initial distribution, each full moon available to link new btc, iota had bitcointalk ICO

* Development team and founders are not assholes, not censoring, not trolling and FUDding other coins

* Iota has support from enterprises, Byteball does not.

Just a little features of Byteball vs Iota.

 
SatoNatomato
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July 16, 2017, 04:31:06 PM
 #11186

WOW, buying in at .24 and .20 doesn't look like a good idea anymore. Since I am new to this coin, can someone tickle my ears a bit, with a ray of hope? I can feel my weak hands starting to give out and dropping this. Only thing holding me back is that I hate selling at a loss. However, I hate getting left holding the bag even more.  Roll Eyes

I sent half of my stash to bittrex, was ready to dump it into the 0.15 400GB buy order but I just couldn't click the sell button.. this is the coin I believe the most in, with the coming shitstorm of august 1, I believe in byteball more than btc. Now it's 0.18, I could sell it and pray people panic enough to dump it to ...0.12? I could do that but if people realized what I did and see how good this is compared to the top20 coins, then they won't sell and I just fucked myself over because of greed. The only thing that makes me scared is the buy wall, people either don't know about this coin or they all pray that others will dump their "free coins" so they could buy it up at 50% discount.

On the other hand, look at the sell orders. Not much, 52 BTC (bittrex) almost doubles the price (0.32), so this make me think that people actually understand the potential of byteball, very fast transactions, 0.00017$ fees (with current price, if byteball did 100x and btc stayed at current price, fees would be 1 cent USD) constant quality development / bugfixing and new features monthly or so. I believe by this time next year, we will have huge market cap, buy orders not at 100-200BTC but thousands.
Well played.

Byteball is not a blockchain coin, has not got problem of blocksizelimit, it is a DAGcoin, the more transactions created in the network, the higher the throughput for all! Create more transactions - faster for everyone else!

Byteball has got no Proof-of-Work, no Proof-of-Stake, no Proof-of-... and can work on IoT chips, only has 12 witnesses each of which does not have to be trusted, and which are all replaceable by the users with a single click.  Shocked

 
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July 16, 2017, 04:45:46 PM
 #11187

When can I expect the transition bot to be back online? Need to link a new BTC addy Smiley

It is working fine for me. I just checked my address saying hello to chat bot and it responded correctly. You need to try again it may be was some temporary downtime. I am telling about 10 minutes ago. Byteball is going back up towards 0.20 after hitting 0.15 BTC today the bottom for some period.
Come-from-Beyond
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July 16, 2017, 06:55:56 PM
 #11188

No, you can not redefine what the "Byteball database" means when you realize you lost a bet.

Very poor, and weak effort from you to now explain why your were wrong and your FUD was weak.

When you FUDed and claimed "Byteball database grows in size" and called me a liar, then the database definition was different from the one you are trying to use now.

Just fuck off to your iota thread looser.

I explained why your method of measurement can't work, just that. Instead of 1:1 leverage SQL DB gives 1:N making things worse, i.e. by spending 5 GB I'll increase the DB by 5*N gigabytes. High entropy data still leads to worse compressibility. While you picked 30% out of thin air I'm going to measure it in practice, just need to wait for the syncing to finish.
Come-from-Beyond
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July 16, 2017, 07:09:43 PM
 #11189

Silverbox, as CfB is more trusted than me, legendary status, why do you allow him to spread FUD about Byteball in here?

Frankly saying, I can't recall posting FUD. I did post challenging questions coinciding them with replies to you to taunt you a little. You should understand that not all proofs from the whitepaper are sound and my questions are the questions which will be asked by other engineers once Byteball goes to the open world. I don't insist on getting the answers right away, I even spend my time on getting these answers myself. If you still think that I spread FUD you should post here links to that FUD.
wwzsocki
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July 16, 2017, 07:12:42 PM
 #11190

Any price predictions? How much dipper  Cry or maybe we will see reverse  Shocked ?

s1lverbox
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July 16, 2017, 07:24:19 PM
 #11191

Any price predictions? How much dipper  Cry or maybe we will see reverse  Shocked ?

As long as btc is down everything else will be low also.
Beside on slack someone mentioned that big gbyte holder dumped most of its holdings.

Enjoy cheap gbytes.
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July 16, 2017, 07:35:23 PM
 #11192

When can I expect the transition bot to be back online? Need to link a new BTC addy Smiley

You connect your wallet address at any moment transition bot never sleep just checked the status of wallet everything is working smoothly on my side. You should re-start the wallet to make it working.
LoyceV
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July 16, 2017, 07:37:08 PM
 #11193

I synced as full wallet now but when trying to restore my GBYTE wallet with seed it just says no active addresses found, who can help  on this issue?
Are you using the latest version of the wallet? There was a bug in 1.9.1. that is fixed in 1.9.2:

Version 1.9.2 released https://github.com/byteball/byteball/releases

This is mainly a bugfix release.
* Fixed restore from seed that was broken in 1.9.1

monocolor
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July 16, 2017, 07:52:35 PM
 #11194

The price is falling like a rock... anything went wrong? On the flip side, this may be a good opportunity to load up. I like the features of this coins and the fairness in distributing coins.

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DeepOnion      ▄▄██████████▄▄
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.....DeepVault.....
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8Lemonade
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July 16, 2017, 08:27:16 PM
 #11195

Is it known when/if the iOS App will be available through the App Store?
pwpwpw
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July 16, 2017, 08:31:32 PM
 #11196

The price is falling like a rock... anything went wrong? On the flip side, this may be a good opportunity to load up. I like the features of this coins and the fairness in distributing coins.

yeah, people are panicking to sell btc for fiat, soon you'll see regret and fomo.

BTW, did bittrex go mad ? 2 MB withdrawal fee when I sent to bittrex for 541byte ? They are charging 3700x more than needed ? WTF ?

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July 16, 2017, 08:37:03 PM
 #11197

Is it known when/if the iOS App will be available through the App Store?

https://github.com/byteball/byteball/blob/master/building-for-ios.md

Ios here man.

For all avalaible wallets go to :

http://byteball.org
coinmenace
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July 16, 2017, 08:43:43 PM
 #11198

The price is falling like a rock... anything went wrong? On the flip side, this may be a good opportunity to load up. I like the features of this coins and the fairness in distributing coins.


the last airdrop just happened a few days ago. someone just dumped a huge shitload of GBYTES and BTC is falling down - a lot cashing in on a lot of altcoins before BTC crashes down further.
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July 16, 2017, 09:08:49 PM
 #11199

Is it known when/if the iOS App will be available through the App Store?

https://github.com/byteball/byteball/blob/master/building-for-ios.md

Ios here man.

For all avalaible wallets go to :

http://byteball.org

Thanks, this doesn't answer the question about the AppStore though. Can't just install this via Xcode on all my friends iPhones. Would like to see the App in the AppStore.
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July 16, 2017, 09:16:23 PM
 #11200

The price is falling like a rock... anything went wrong? On the flip side, this may be a good opportunity to load up. I like the features of this coins and the fairness in distributing coins.


the last airdrop just happened a few days ago. someone just dumped a huge shitload of GBYTES and BTC is falling down - a lot cashing in on a lot of altcoins before BTC crashes down further.

The whole market is falling right now. It will continue to do so for the next month probably.
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