Obyte: Totally new consensus algorithm + private untraceable payments

[AdamW_^_^]

Yeah, I don´t like the new distribution model as well. I bought thinking in getting at least 2 more airdrops as it was announced. That last minute change is tricky at least.

I will reenter when we hit rock solid bottom, that looks it could be .09-.07 area. Let´s see.

I think it´s a great technology and the wallet is fantastic, but now is dumping time

This model does not fix value of byteball only easy quick 💰 money for daytraiders. This model will not do byteball succeed in value

Weekly snap would do a good job on stability of value and daily even better...

Sad that people only sell off and care a shit about technology... I don't feel amused and safe about that.

If snapshot would be done weekly daytraiders loose interest in byteball, byteball would loose the people less needed and airdrop or distribute to people interested in this coin. It s pretty unfair, and destroy s the value. Is the value of this coin raising? No only the chart of the airdrop s... That's no long term investment for me... Pls comment on that what Will happen if airdrop is over and you sent coins to people unintersted and selling all off? Baah that's the thing I dislike

[Kwelstr]

im such a noob!

I make a transaction and my addy changes, so now in the addy i sign there is 0 balance.

Can i get my GBytes? if no, how i change my addy to get in the next round. I cant find the option in the app.

Thanks!

You will get your bytes but not your black bytes.

[8fold]

I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?

Why should it not be safe to send BTC to Bittrex? This question is really stupid. You should trust in crypto coins.

My bad. It was in the context of the current snapshot of the distribution. If the snapshot has not been taken, it would hurt for me to move the coins (safe).

[MNDan]

Anyone get their GBYTE drop yet? Nothing has shown up in my wallet...

[megashira1]

Yeah, I don´t like the new distribution model as well. I bought thinking in getting at least 2 more airdrops as it was announced. That last minute change is tricky at least.

I will reenter again when we hit rock solid bottom, that looks it could be .09-.07 area. Let´s see.

I think it´s a great technology and the wallet is fantastic, but now is dumping time

This is actually one of the best times to get into GBYTE. BTC holders get nothing per airdrops so price will not tank on airdrops any more. Inflation rate changing from 20% to 10% for GBYTE holders doesn't change the value of your holdings in theory. 20% inflation means coins should be worth 20% less. With 10% inflation coins devalue only 10%. Net value stays the same in theory. Also, it seems tony is working on building out the infrastructure for GBYTE which wil further add value to your holdings.

Future is the brightest its ever been for Byteball.

[abitguru]

im such a noob!

I make a transaction and my addy changes, so now in the addy i sign there is 0 balance.

Can i get my GBytes? if no, how i change my addy to get in the next round. I cant find the option in the app.

Thanks!

You will get your bytes but not your black bytes.

Really? woo hope so!

But it say still 0

Hehehe

[BrickShares]

Reserving Dutch translation for OP and whitepaper.

[CryptKeeper]

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!

[European Central Bank]

This model does not fix value of byteball only easy quick 💰 money for daytraiders. This model will not do byteball succeed in value

Weekly snap would do a good job on stability of value and daily even better...

Sad that people only sell off and care a shit about technology... I don't feel amused and safe about that.

it would be really hard for people to stay on top of linking if it was daily or weekly. coins move around all the time.

[Cryptian]

Yeah, I don´t like the new distribution model as well. I bought thinking in getting at least 2 more airdrops as it was announced. That last minute change is tricky at least.

I will reenter again when we hit rock solid bottom, that looks it could be .09-.07 area. Let´s see.

I think it´s a great technology and the wallet is fantastic, but now is dumping time

This is actually one of the best times to get into GBYTE. BTC holders get nothing per airdrops so price will not tank on airdrops any more. Inflation rate changing from 20% to 10% for GBYTE holders doesn't change the value of your holdings in theory. 20% inflation means coins should be worth 20% less. With 10% inflation coins devalue only 10%. Net value stays the same in theory. Also, it seems tony is working on building out the infrastructure for GBYTE which wil further add value to your holdings.

Future is the brightest its ever been for Byteball.

I agree. I think big btc holders are just unhappy that they dont get as much free GB anymore.

If I had more money left I would buy in now. price is already moving up again

[dishku]

Is there any update when snapshot will be taken it's too late. I think distribution will take much longer even still no snapshot of blockchain and some people posting into thread it has been done. Any official account there who can confirm this?

[rigel]

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!

Isn't it influenced by the eclipse?

[Benezim]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

sell and buy back in lower would be my guess

Also, that would mean they kept their gbyte on the exchange,missing out on the +20%, only to crash the price lower than the price at which they purchased it.

Valid points - if I follow your reasoning, the drop is entirely driven by already credited airdrop volumes. I keep looking at my wallet and there is no airdrop credit - has anyone in this thread received theirs?

[jukKas]

Yes, best time in the month, Byteball drop! Anxiously waiting to get my precious bytes.

The current price indicates very good buying time also

[wildbud]

 I also think distribution will take longer... also would like to see the confirmation

[megashira1]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

sell and buy back in lower would be my guess

Also, that would mean they kept their gbyte on the exchange,missing out on the +20%, only to crash the price lower than the price at which they purchased it.

Valid points - if I follow your reasoning, the drop is entirely driven by already credited airdrop volumes. I keep looking at my wallet and there is no airdrop credit - has anyone in this thread received theirs?

Right, and if you planned to get out of GBYTE because you thought the price was going to tank following the airdrop, the play was to let people buy into YOU pre-airdrop. Not crash the price expecting the price to crash further.

All in all seems like an amateur move or an over reaction to the sudden announcement made by tonych which is actually BULLish news.

[8fold]

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!

Isn't it influenced by the eclipse?

Is this an official confirmation?

[AdamW_^_^]

This model does not fix value of byteball only easy quick 💰 money for daytraiders. This model will not do byteball succeed in value

Weekly snap would do a good job on stability of value and daily even better...

Sad that people only sell off and care a shit about technology... I don't feel amused and safe about that.

it would be really hard for people to stay on top of linking if it was daily or weekly. coins move around all the time.

Ok that's not even a real problem. Other coins have weekly based drops. And their value is constantly rising. Good luck!

[Michail1]

Thanks man, I'll just wait for it to sync, only June and July left if I don't have anything to worry about not getting credited then I'm all good.

No problem.  You're good.

Only 2 months out of 9 isn't bad.  Worth waiting.  And, keep your full node up.  It's slow.

[Bitgenius777]

You guys waste your time on a few pennies gain??