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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236674 times)
Hamliss
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August 22, 2017, 05:07:12 PM
 #12861

Nothing is an incentive to convert BTC to any altcoin. That's like stabbing yourself in the foot. I'd rather want an direct fiat option to buy GB.

This statement has no actual basis in fact. Yes BTC came first. Yes it's the current market leader. Yes it's the closest to being considered an actual currency.

However we're dealing in technology here. It's highly likely that many "alts" will outperform BTC from this point forward. Many smart people intend to profit in this way.

That's a tough call.
So far no altcoin has ever outperformed Bitcoin. You underestimate the network effect and BTC's first mover advantage. Bitcoin's industry and ecosystem is huge and most alts don't even have that.Bitcoin gets all the media attention, hardly any altcoin. Furthermore with the activation of SegWit lots of new implementations will push bitcoin even more forward and niche business models of many alts may become obsolete.Alts will stay here for speculation! But never as an investment.99% of traders convert their profits into fiat or BTC! This is the truth!

Do you mean the market cap when considering the outperformance? What do you think of Bitcoin Cash?
BTCWagering
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August 22, 2017, 05:30:23 PM
 #12862

Quote





Love these designs! I hope Tony approves you for the cashback program. I will definitely buy a few of these. The 2nd wolf design is my favorite)

As to Bitcoin being the "only" investment, hogwash I reiterate. Bitcoin was designed as a currency but scalability and governance issues severely threaten its ability to succeed in this regard long term. It's also questionable environmentally v/v mining.

Don't look now, but Ripple's vision of an Internet of Value appears to be coming to fruition. Ripple is the anti-Bitcoin in many ways and easily the most hated project in crypto, but their shortcut to mass adoption -- lobbying the banks -- is looking brilliant at the moment. They have the blessing of the Federal Reserve, Bank of England, Bank of America, and Bank of Japan among many others.

Dismiss it as an investment at your own peril.
machasm
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August 22, 2017, 05:48:29 PM
 #12863


Did anyone participate in the distribution of the Byteball?

There are still opinions about the prospects?

Will there be a damp after September 6?

Personally I am not worried at all about "pumps & dumps" of this coin. It's market cap currently sits around $180,000,000 (37th place) way below far inferior coins. With it's disruptive technology and quality of development this should be ranked way higher. In fact,  according to the Fundamentals Index which calculates the value of each altcoin (taking into account the available supply of coins in relation with Bitcoin's supply) - Byteball should be worth 36.39K% higher then it currently is: 1 GBYTE price should be 31.38733145 BTC (source: http://cryptoindexes.com/fundamentals )
This is a long term hodl !!!

What stats say and what the market chooses to do are two entirely different things.
I am holding though :-)

Carolina
bc1qvr5eaq00qyfhwrrzfnq735h47hk8stfuqlntxq
sprinkles
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August 22, 2017, 06:59:37 PM
 #12864

So, here are some first designs...  (direct link, because less than "30 activity")
Let me help you there:

Quote





Quote
hope you enjoy Wink
A small custom QR-code with address would be cool too.

May I suggest a girl version:


These are great. Good job. What will the price be? Will you ship to the UK?

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SealTx
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August 22, 2017, 07:04:01 PM
 #12865

Create New Crypto on Byteball platform
I see the possibility to create arbitrary assets in the documentation... anyone actually try to create a new crypto and post the results?

https://steemit.com/cryptocurrency/@wekkel/byteball-create-your-own-tokens

Yes, exactly... thanks. I may need your assistance in the future Wink
Gecko8
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August 22, 2017, 07:12:03 PM
 #12866

Sorry if it is a little inappropriate.
I'm buying blackbytes, all your volume at once, just message me.

Can you please tell me, what do you see as the value of the blackbytes? I understood they are supporting anonymous transactions. Not sure, what are the normal business cases, where you need this beside of products you might want to buy in a dark net.

But with this feature, as far as I understood, that is the reason, why they will obvoiusly not be found on any exchange. So how do you define its value? And how do you manage its transfer of selling and buying? I guess there a lot of people who have not yet really understood the real value of the blackbytes. Any advice is appreciated. ThankYou (THNX)
taoist23
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August 22, 2017, 07:38:33 PM
 #12867


I like ver. 3,4 and 5, ver. 2 seems boring for me
Did you calculate a price already and which type of printing will it be?
jjacob
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August 22, 2017, 07:55:57 PM
 #12868


Did anyone participate in the distribution of the Byteball?

There are still opinions about the prospects?

Will there be a damp after September 6?

Personally I am not worried at all about "pumps & dumps" of this coin. It's market cap currently sits around $180,000,000 (37th place) way below far inferior coins. With it's disruptive technology and quality of development this should be ranked way higher. In fact,  according to the Fundamentals Index which calculates the value of each altcoin (taking into account the available supply of coins in relation with Bitcoin's supply) - Byteball should be worth 36.39K% higher then it currently is: 1 GBYTE price should be 31.38733145 BTC (source: http://cryptoindexes.com/fundamentals )
This is a long term hodl !!!
 

Stop thinking in relative terms. $180Mn is pretty high, even for a cryptocurrency. If it is undervalued, the market will eventually realize that and its value will increase. Until that point, just hold.


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Aikai
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August 22, 2017, 08:24:55 PM
 #12869

So, here are some first designs...  (direct link, because less than "30 activity")
Let me help you there:

[pics]
 
Quote
hope you enjoy Wink
A small custom QR-code with address would be cool too.

May I suggest a girl version:
[pic]

These are great. Good job. What will the price be? Will you ship to the UK?

Thanks for all your feedback.

The tshirts are made with flex/flock foil and than heaten up by thermo press.
The price will be round about 14-16 € + shipping costs, and these will be the crux.

In the first step I can collect the orders and send a package to one of you in the UK, if there are more than 15 pieces.
A second Person ( s1lverbox has offered himself (THX!) ) have to spread out the shirts in the UK.
Because of the additional costs, it is not an optimal solution, but a first possibility.

So I'm already looking for a partnership and/or support by people, who are interested by this idea.

regards
Roman Thain
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August 22, 2017, 08:34:10 PM
 #12870


Did anyone participate in the distribution of the Byteball?

There are still opinions about the prospects?

Will there be a damp after September 6?

Personally I am not worried at all about "pumps & dumps" of this coin. It's market cap currently sits around $180,000,000 (37th place) way below far inferior coins. With it's disruptive technology and quality of development this should be ranked way higher. In fact,  according to the Fundamentals Index which calculates the value of each altcoin (taking into account the available supply of coins in relation with Bitcoin's supply) - Byteball should be worth 36.39K% higher then it currently is: 1 GBYTE price should be 31.38733145 BTC (source: http[Suspicious link removed]s.com/fundamentals )
This is a long term hodl !!!
 

Stop thinking in relative terms. $180Mn is pretty high, even for a cryptocurrency. If it is undervalued, the market will eventually realize that and its value will increase. Until that point, just hold.

But how long can it be? I heard that Byteball began to cooperate with many shops .. Is it right? Do they already work?

CryptKeeper
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August 22, 2017, 09:46:35 PM
 #12871

Byteball Video Competition - show how you work with the wallet and win coins!

Please don't forget to upvote on reddit: https://www.reddit.com/r/ByteBall/comments/6uhnt2/ann_byteball_videocompetition/

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
tobsnn
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August 22, 2017, 09:48:13 PM
 #12872

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

bcsuisse
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August 22, 2017, 10:12:44 PM
 #12873

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

I am sure the price will go up again with a couple of weeks. the new airdrop will change behavior. I dont think people will sell before hand now

Bitrated user: kentokyo.
BeggarInCryptos
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August 22, 2017, 11:06:05 PM
 #12874

Price has been quite stable for a little while now, with a bit of luck Byteball could have the bottom behind  and now building the new floor.

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olio666
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August 22, 2017, 11:21:36 PM
 #12875

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.

Nicely put post Wink
.cryptic.
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August 23, 2017, 03:26:11 AM
 #12876

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.

Nicely put post Wink
I too think we have reached the bottom for byteball for now and i am hoping to see a steady growth from here, with the new distribution percentages from next month.
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August 23, 2017, 04:56:36 AM
 #12877

I guess its going up now.

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August 23, 2017, 06:24:30 AM
 #12878

Nemesis, first ICO on the Byteball crypto platform:

https://bitcointalk.org/index.php?topic=2101590.0;all

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
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August 23, 2017, 08:47:09 AM
 #12879

This is not true, the first ico is ibank.one:

http://ibank.one/

But I dont know if it is a Scam. Bittrex says that not is their partner

I bought and have de Tokens in my byteball wallet, but I´m very nervious

Bitrated user: cjme83.
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August 23, 2017, 09:13:21 AM
 #12880

Nemesis, first ICO on the Byteball crypto platform:

https://bitcointalk.org/index.php?topic=2101590.0;all

If  Nemesis creates  its own  Byteball asset it will add extra  fuel to Gbyte itself. Would be great if those assets could be traded for blackbytes.
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