Obyte: Totally new consensus algorithm + private untraceable payments

[jackbox]

The website says: For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes) does it mean if you have less than 16 BTC you will get a proportional amount or you have to own at least 16 BTC?

You get a proportional amount. Just load wallet and talk to the transition bot. It is very simple and walks you through the linking process.

[Michail1]

The website says: For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes) does it mean if you have less than 16 BTC you will get a proportional amount or you have to own at least 16 BTC?

Yes.

The example was to show the ratio.
It was 16:1
Now it is 160:1

So, if you have 320 BTC, you would get 2 GB

[Michail1]

Just received my blackbytes from the last airdrop about an hour ago. Wow, that took a while.

They were distributed nearly a week ago.  It must have simply been your wallet had not caught up with syncing.   Matrix voodoo magic dust stuff.   

[jackbox]

Just received my blackbytes from the last airdrop about an hour ago. Wow, that took a while.

They were distributed nearly a week ago.  It must have simply been your wallet had not caught up with syncing.   Matrix voodoo magic dust stuff.   

I use the fast wallet and don't run it a lot, but figured since not downloading the entire blockchain it syncs faster? Guess I should run it more often.

[SwedishGirl]

The website says: For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes) does it mean if you have less than 16 BTC you will get a proportional amount or you have to own at least 16 BTC?

Yes.

The example was to show the ratio.
It was 16:1
Now it is 160:1

So, if you have 320 BTC, you would get 2 GB

So this ratio also changed? For every 1 GB you receive additional 0.1 GB.? Thanks a lot for helping out.

[dishku]

Just bought some more coins at more low price preparing for next distribution bitcoin is just crushing the all altcoins markets and price is dropping dramatically. I believe in this project it has potential to get recover when bitcoin will get stable at one point.

[jtalk]

I have invested good percentage of the funds on buying Byteballs at these price. I know markets are very fragile in present scenario but since I had no intention to liquidate Bitcoins was better usage to buy from those who are shorting altcoins. It may take some time but will be profitable deal at later.

[bobo012]

The website says: For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes) does it mean if you have less than 16 BTC you will get a proportional amount or you have to own at least 16 BTC?

Yes.

The example was to show the ratio.
It was 16:1
Now it is 160:1

So, if you have 320 BTC, you would get 2 GB

So this ratio also changed? For every 1 GB you receive additional 0.1 GB.? Thanks a lot for helping out.

Yes, you get 0.1 GB for every GB that you hold. Or easier 10% on your byteball position, it was 20 % in previous round but is reduced now to 10%

[Michail1]

The website says: For every 16 BTC you receive 0.1 GB (1 gigabyte = 1 billion bytes) does it mean if you have less than 16 BTC you will get a proportional amount or you have to own at least 16 BTC?

Yes.

The example was to show the ratio.
It was 16:1
Now it is 160:1

So, if you have 320 BTC, you would get 2 GB

So this ratio also changed? For every 1 GB you receive additional 0.1 GB.? Thanks a lot for helping out.

Yes, it dropped from a 20% bonus to a 10% bonus.

I have invested good percentage of the funds on buying Byteballs at these price. I know markets are very fragile in present scenario but since I had no intention to liquidate Bitcoins was better usage to buy from those who are shorting altcoins. It may take some time but will be profitable deal at later.

Buy the Dip.

[Unikol]

Just bought some more coins at more low price preparing for next distribution bitcoin is just crushing the all altcoins markets and price is dropping dramatically. I believe in this project it has potential to get recover when bitcoin will get stable at one point.

I think the price should drop 50% so that the Bbyte distribution is the same as before.

[ChainSmoker]

I knew this would happen.I sold all my gbyte @ 0.16 btc/gbyte when OP announced the new distribution rules.   i doubt the price will recover now.Byteball is dead.

[aaron2024]

I knew this would happen.I sold all my gbyte @ 0.16 btc/gbyte when OP announced the new distribution rules.   i doubt the price will recover now.Byteball is dead.

Drop 50% regarding what?
Also, what's wrong with the new rules?

[ChainSmoker]

Also, what's wrong with the new rules?

Airdrops are no more valuable to bitcoin holders so all big whales are dumping it.Forget price recover,hell it won't go 0.15 btc price ever.

[finamathmatics]

Also, what's wrong with the new rules?

Airdrops are no more valuable to bitcoin holders so all big whales are dumping it.Forget price recover,hell it won't go 0.15 btc price ever.

We need a very important announcement, a partner with big balls. If this happen, we can go to recover 0.20 Btc.

[aaron2024]

Also, what's wrong with the new rules?

Airdrops are no more valuable to bitcoin holders so all big whales are dumping it.Forget price recover,hell it won't go 0.15 btc price ever.

Wouldn't it make more sense to hold it, since it's the only source of GBYTE from now on?

[s1lverbox]

I knew this would happen.I sold all my gbyte @ 0.16 btc/gbyte when OP announced the new distribution rules.   i doubt the price will recover now.Byteball is dead.

Never seen such a fudster like u before.

Show us proof u had any Gb and u sold for 0.16
I bet it was like 3 or so.

Bitcoin was dead over 100 times, but who cares anyway. Go to iota thread and try your luck there.

[European Central Bank]

Airdrops are no more valuable to bitcoin holders so all big whales are dumping it.Forget price recover,hell it won't go 0.15 btc price ever.

in the long run this change of distribution was necessary and will be seen as a good thing. it was ridiculous to be nothing but freegiftcoin. it needs to start earning its keep. some people will no doubt fold but it's one of the best coins in terms of ui and there's some proper vision behind it.

there's still no shortage of room to carry on going down all the same.

[matt4054]

IMHO, massively reducing the money supply while still maintaining a decent 10:1 for GB holders can only help the coin in the long run. The price talk shouldn't belong to this thread though, but I'm talking about the distribution in general. Reducing the share of BTC holders is a wise move.

[ChainSmoker]

I knew this would happen.I sold all my gbyte @ 0.16 btc/gbyte when OP announced the new distribution rules.   i doubt the price will recover now.Byteball is dead.

Never seen such a fudster like u before.

Show us proof u had any Gb and u sold for 0.16
I bet it was like 3 or so.

Bitcoin was dead over 100 times, but who cares anyway. Go to iota thread and try your luck there.

There a thing called 'privacy'.i don't have to prove anything.This is a 'free forum'.Anyone can post their views.This is not FUD but the truth.Bitcoin wasn't dead and never will be but byteball is.
Here is my post from August 7

To be honest this is the worst decision and it sucks.Price of byteball will fall now.I am out and dumping my gbytes now

I dumped by Gbytes that day.I guess you missed that price.Sorry for you

[CryptoRobert]

In the last ditribution I got byteballs but no blackbytes. Why?

Most probably your byteball address was not linked that's why you didn't received any blackbytes.

Maybe but I didn't get any either and I linked my address.

My address was linked. How could I have received the byteballs at that address if not linked. Never got the promised blackbytes.

My address was linked too. 100% sure, I've got the bytes from the linked BTCs. But no blackbytes. It looks like this time something has gone wriong for many people in the blackbytes distribution. Such a pity. It looks like Blackbytes are not a very reliable asset.