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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1218189 times)
pxrunes
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October 01, 2017, 08:06:55 PM
 #14061

Quote
Is this a new exchange for trading black bytes? Is there any fees for making a trade in your exchange?

actually freebe is the oldest blackbyte exchange (well there are only 2). It's also the only exchange where you can trade in both ways (sell/buy).
There is no Fee for trade creators. 0.5% Fees for takers.

It all began with a global chat room for the byteball app and now its not only that but also a big blackbyte exchange Smiley


just in case you guys didn't know it yet (i never posted it here).

The blackbyte exchange with the greatest volume is freebe
Where does freebe get it's users, if you've never posted here?

I'm posting mainly on slack and reddit. Right now >1000 users are connected to freebe and more that 10.000 GBB are already exchanged!

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October 01, 2017, 08:40:53 PM
 #14062

@ pxrunes
I want to change Blackbytes against €uros. The detour via Bytes is far too costly.

Demand for Moneros (and thus the market value) increased as some Darknet markets decided to accept Moneros as a means of payment.

blackbytes are too unwieldy to use. i like the idea but the manual pairing thing and backup needed every time isn't practical. it needs to be smoother to use.
Automatic pairing during the payment process via a decentralized trading platform such as Open Bazaar should be absolutely feasible.


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October 01, 2017, 08:41:49 PM
 #14063

Question: When selling Byteballs (that I got from airdrops) using the chatbot aren't the corresponding bitcoins received very anonymous? If this is the case that actually adds some more value to byteballs since the airdropps can be used as mixers in a sense. Am I totally wrong here? I'm obv not asking this since I'm looking to do bad stuff I'm asking since I see added anonymous value in the process.

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October 01, 2017, 08:50:28 PM
 #14064

Question: When selling Byteballs (that I got from airdrops) using the chatbot aren't the corresponding bitcoins received very anonymous? If this is the case that actually adds some more value to byteballs since the airdropps can be used as mixers in a sense. Am I totally wrong here? I'm obv not asking this since I'm looking to do bad stuff I'm asking since I see added anonymous value in the process.

yes. also you do not need to pair up with your trading partner anymore. Only one connection (to freebe for example) is necessary. Although some people might find add that the exchange now knows several peers who are exchanging blackbytes.
But it should also be added that the exchange does not have much information (not even your IP adress or anything). Although blackbytes can not be tracked ones they left the own wallet.

Quote
I want to change Blackbytes against €uros. The detour via Bytes is far too costly.

What costs? The transaction fees are minimal. The exchange rate is not really a cost its the ratio or price of blackbytes and would be the same on euro exchanges.

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October 01, 2017, 09:00:45 PM
 #14065

Quote
I want to change Blackbytes against €uros. The detour via Bytes is far too costly.
What costs? The transaction fees are minimal. The exchange rate is not really a cost its the ratio or price of blackbytes and would be the same on euro exchanges.
I can't expect my customers to change their €uros to Bitcoin first, then to Bytes and Bytes to Blackbytes.

Please focus a little more on reality.  Wink


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October 01, 2017, 09:05:07 PM
 #14066

Quote
I want to change Blackbytes against €uros. The detour via Bytes is far too costly.
What costs? The transaction fees are minimal. The exchange rate is not really a cost its the ratio or price of blackbytes and would be the same on euro exchanges.
I can't expect my customers to change their €uros to Bitcoin first, then to Bytes and Bytes to Blackbytes.

Please focus a little more on reality.  Wink

Sorry i actually don't know what you are trying to do. But if you have customers and they want blackbytes for euros, why dont you just sell them blackbytes for euroes? You could buy them for bytes/bitcoins, not to much trouble, is it?

But sure i agree whould be cool to have blackbytes/bytes on an euro exchange. but this will definitifly not happen with blackbytes because of its private asset nature.

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October 01, 2017, 09:11:13 PM
 #14067

Demand for Moneros (and thus the market value) increased as some Darknet markets decided to accept Moneros as a means of payment.

blackbytes are too unwieldy to use. i like the idea but the manual pairing thing and backup needed every time isn't practical. it needs to be smoother to use.

If you use a multidevice wallet, your wallet data are replicated on 2 or more devices. So you always have a backup up-to-date as long as you didn't lose all your devices.

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October 01, 2017, 09:20:25 PM
 #14068

Quote
I want to change Blackbytes against €uros. The detour via Bytes is far too costly.
What costs? The transaction fees are minimal. The exchange rate is not really a cost its the ratio or price of blackbytes and would be the same on euro exchanges.
I can't expect my customers to change their €uros to Bitcoin first, then to Bytes and Bytes to Blackbytes.

Please focus a little more on reality.  Wink

Sorry i actually don't know what you are trying to do. But if you have customers and they want blackbytes for euros, why dont you just sell them blackbytes for euroes? You could buy them for bytes/bitcoins, not to much trouble, is it?

But sure i agree whould be cool to have blackbytes/bytes on an euro exchange. but this will definitifly not happen with blackbytes because of its private asset nature.
There are indeed traders who want to sell normal goods.  Wink
I would like to sell them against Blackbytes, but of course my customers have to be able to buy them themselves with as little energy as possible.

Blackbytes should allow easy automatic pairing via a P2P trading platform, similar to BISQ.
So it would be possible to exchange blackbytes for €uro, USD... directly.


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October 02, 2017, 02:59:04 AM
 #14069

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.


Good idea, if blackbytes would be on exchanges  Cheesy

There is www.beeb-bot.com
How about a bot capable of exchanging Bytes and Blackbytes for Fiat? How this works can be seen in BISQ (https://bisq.network).

Defo more options for blackbytes needed. Monero has done very well due to its anonymity features. Blackbytes could do well also given more options for people to trade. From what i see we dont yet have byteballs anywhere but bittrex and couple other small exchanges.
I agree.

Changing from Blackbytes to Fiat is only possible with P2P.
However, it would now be urgently necessary to offer such a possibility.
Another important step would be the approach to a decentralized marketplace like "Open Bazaar". It should be able to pay directly with Blackbytes.

Demand for Moneros (and thus the market value) increased as some Darknet markets decided to accept Moneros as a means of payment.

How to trade Blackbytes to FIAT? Is it technically feasible?
You know China closed the exchanges and the P2P between crypto coins and FIAT is demanded.
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October 02, 2017, 06:05:00 AM
 #14070

So.. how this "lets-make-the-rich-bastards-richer" coin is going?
Let me be clear - I won't buy something that others get for free.. in case if you're wondering why the volume on exchanges is so low Wink
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October 02, 2017, 06:22:54 AM
 #14071

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.


Good idea, if blackbytes would be on exchanges  Cheesy

There is www.beeb-bot.com
How about a bot capable of exchanging Bytes and Blackbytes for Fiat? How this works can be seen in BISQ (https://bisq.network).

Defo more options for blackbytes needed. Monero has done very well due to its anonymity features. Blackbytes could do well also given more options for people to trade. From what i see we dont yet have byteballs anywhere but bittrex and couple other small exchanges.
I agree.

Changing from Blackbytes to Fiat is only possible with P2P.
However, it would now be urgently necessary to offer such a possibility.
Another important step would be the approach to a decentralized marketplace like "Open Bazaar". It should be able to pay directly with Blackbytes.

Demand for Moneros (and thus the market value) increased as some Darknet markets decided to accept Moneros as a means of payment.

How to trade Blackbytes to FIAT? Is it technically feasible?
You know China closed the exchanges and the P2P between crypto coins and FIAT is demanded.

The only way to do is by trading blackbytes to bytes and then bytes to bitcoin and then to fiat. There are couple of trading bots available for trading blackbytes to bytes.
ByteFan
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October 02, 2017, 06:36:29 AM
 #14072

[reminder]

Announcing BEEB - Blackbytes Escrow Exchange Bot - web front end.

Instant-buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)
Trading blackbytes on BEEB is anonymous.


Includes:
Blackbytes price and volume graphical history,
24h volume,
current best ask,
detailed help menu,
API interface to Blackbytes prices and market history.


Support: https://byteball.slack.com/ #beeb channel


Byteball payment gateway for web merchants https://byteball-for-merchants.com/ - BEEB  (Blackbytes Exchange Bot): https://www.beeb-bot.com/ (closed)
Network map, stats, Top Richests and Byteball world map at https://byteball.fr/ (closed) - Hub operator featuring the cashback witness https://byteball-cashback-witness.com (closed)
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October 02, 2017, 07:04:33 AM
Last edit: October 02, 2017, 08:35:07 AM by Seeder
 #14073

Hey, I'd like to sell 2,5 GBB. Actually I wanted to held them but I need ETH, so I'd sell them if anyone is interested. PM please

Using an exchange is probably your fastest and safest way.  Or a converter like shapeshift or changelly.


Good idea, if blackbytes would be on exchanges  Cheesy

There is www.beeb-bot.com
How about a bot capable of exchanging Bytes and Blackbytes for Fiat? How this works can be seen in BISQ (https://bisq.network).

Defo more options for blackbytes needed. Monero has done very well due to its anonymity features. Blackbytes could do well also given more options for people to trade. From what i see we dont yet have byteballs anywhere but bittrex and couple other small exchanges.
I agree.

Changing from Blackbytes to Fiat is only possible with P2P.
However, it would now be urgently necessary to offer such a possibility.
Another important step would be the approach to a decentralized marketplace like "Open Bazaar". It should be able to pay directly with Blackbytes.

Demand for Moneros (and thus the market value) increased as some Darknet markets decided to accept Moneros as a means of payment.

How to trade Blackbytes to FIAT? Is it technically feasible?
Surely this would be possible, even if some people here constantly claim that this is not possible.

BISQ shows how it works. Only some modifications for blackbytes are needed.

Edit:
@ innergy
As soon as this currency has a utility value, it is also in demand (see DASH and Monero).
Keywords:
- Open Bazaar
- Changing Bytes/Blackbytes directly to €uro, USD, .... (P2P, see BISQ)


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October 02, 2017, 09:50:22 AM
 #14074



(since my rank is to low you have to manually click the image above (its a chart!))


Time to celebrate!

Yesterday we reached two milestones at ones at #freebe! We now have >1000 users and >10.000 GBB total volume exchanged! Thats amazing thanks to the whole community for your trust!


Here are the current statistics from #freebe:

  • 24h volume: 244 GBB
  • Last Trade: 100 GBB at: 0.0298

  • Best Ask: 0.0398
  • Best BID: 0.03
  • Total GBB wanted: 7209
  • Total GBB for sale: 1015

As usual pairing information and live data available at: http://freebe.byte-ball.com

Casmatesid
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October 02, 2017, 09:53:02 AM
 #14075

https://i.imgur.com/dE7rSSw.png

(since my rank is to low you have to manually click the image above (its a chart!))


Time to celebrate!

Yesterday we reached two milestones at ones at #freebe! We now have >1000 users and >10.000 GBB total volume exchanged! Thats amazing thanks to the whole community for your trust!


Here are the current statistics from #freebe:

  • 24h volume: 244 GBB
  • Last Trade: 100 GBB at: 0.0298

  • Best Ask: 0.0398
  • Best BID: 0.03
  • Total GBB wanted: 7209
  • Total GBB for sale: 1015

As usual pairing information and live data available at: http://freebe.byte-ball.com

That is great news.
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October 02, 2017, 09:56:43 AM
 #14076

I saw this coin being traded at over 0.35 BTC once but succeeded to buy some now and have them in my wallet. It seems very promising and potential is huge seeing all the activities and work going on. We should expect the results in few months by mid of the next year as cryptocurrencies are picking up pace right now.
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October 02, 2017, 09:59:25 AM
 #14077

So.. how this "lets-make-the-rich-bastards-richer" coin is going?
Let me be clear - I won't buy something that others get for free.. in case if you're wondering why the volume on exchanges is so low Wink

Great! Let's keep the communist scum out of this project.

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October 02, 2017, 01:50:41 PM
 #14078

Its one of my favorite alts, but i think that massive airdrop to the bitcoin holders was mistake - its trying to find pricebottom but slightly still going downside. Technicals crying for a bounce.

Without any news positive news from outside it will be sliding more IMHO.
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October 02, 2017, 01:56:25 PM
 #14079

So.. how this "lets-make-the-rich-bastards-richer" coin is going?
Let me be clear - I won't buy something that others get for free.. in case if you're wondering why the volume on exchanges is so low Wink
it's not free for everybody. it's free for who hold bitcoin. who have money and know how to control it. not for noob who will dump all their free coin
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Chosŏn Minjujuŭi Inmin Konghwaguk


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October 02, 2017, 01:57:54 PM
 #14080

Its one of my favorite alts, but i think that massive airdrop to the bitcoin holders was mistake - its trying to find pricebottom but slightly still going downside. Technicals crying for a bounce.

Without any news positive news from outside it will be sliding more IMHO.


So what, let it slide, buy it cheap. If you really believe in the project and you're in it for the long run then just HODL and wait for value to come in naturally, at this time the price is purely speculative, pumping it with "positive news" only creates a bubble and opens opportunities for speculators and day traders.

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