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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1236342 times)
CryptKeeper
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October 07, 2017, 10:35:56 PM
 #14161



Big Announcement!

Weekly Jackpots are coming to LuckyBytes!

Each Jackpot will have a big initial value and will grow with each participating ticket! At the end of the week, one ticket will win the Jackpot. The drawing is transparent and provably fair.

Our first Jackpot will have an initial value of 1000 MB! Join now for a good chance to win!

For live data and pairing information visit https://lucky.byte-ball.com or join LuckyBytes from the Botstore in you Byteball Wallet!


Edit: Jackpot already at: 1279 MB!



I’m already seeing 1,396 MB, that thing will be really big!

 Cheesy  Cheesy  Cheesy

Follow me on twitter! I'm a private Bitcoin and altcoin hodler. Giving away crypto for free on my Twitter feed!
davidoski
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October 07, 2017, 10:36:47 PM
 #14162

@ tonych

Why no mention of the cashback program at https://byteball.org/ ? One need to dig deep into this chaotic topic to find out about it. Putting some spoiler with the program rules and contact at the main byteball.org page would help to entice more partners.

The first post of this topic doesn't mention the cashback program either. Sad

You mean like at https://byteball.org#dist.   Well, it is.
And there is a link with details at:  https://medium.com/byteball/byteball-cashback-program-9c717b8d3173


Gee, indeed. Could not be less visible probably...

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Dread
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October 07, 2017, 11:05:05 PM
 #14163

Who would invest in this coin except players?
Serious investors?

Without a roadmap, no investor knows where the journey is going (and the developers themselves probably don't know either).

The community also sees this coin as nothing more than a non-performing income. It is completely irrelevant that this currency should have any utility value.

So, are you going to sell me your bytes.  Seems like you don't want them.  Smiley
Why should I do that? There is a good chance that something will come of it.
However, I will not change a single €uro to Bytes. As much as I'd like to.
As long as the developer fails to make this coin applicable, I will not do that. And I'm certainly not the only one who thinks so.

The "merchant cashback program" is not only laughable, it is in particular an invitation to cheat.

But your statement also shows the general lack of criticism of this community. For me the main reason why the success of this coin is a long time coming.

Meanwhile, the competition continues to grow unstoppably....

u r absolutly right!
in this community fans have blind because haven`t a criticizm

1 pseudo news and all is happy

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davidoski
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October 08, 2017, 12:31:33 AM
 #14164

This price collapse becomes spectacular:


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cryptohunter
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October 08, 2017, 12:51:56 AM
 #14165

This price collapse becomes spectacular:



what did anyone expect with the distribution carried out as it was?

however it does not take away from the fact the project is actually very promising.

long term this should reverse.

I don;t think it will go up until distribution is done and dusted. Could look into burning the rest of the tokens now just to get the dumping all done and over with asap so it can find its feet.

Then start telling bittrex to list in in mbytes to scoop up all the noobs that keep telling me gbytes are too expensive so they are buying iota instead. There are ton more of those than you think.

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October 08, 2017, 01:09:39 AM
 #14166

Good tech and compound interest incentives were not enough to prevent this from happening. In fact there is much to be learned from it.

Maybe something in the distribution, as you said, or crypto is not yet mature enough to foster certain types of innovation.

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October 08, 2017, 01:35:25 AM
Last edit: October 08, 2017, 02:01:44 AM by Rogerdale
 #14167

Last trend is creating assets on Ethereum and Waves (like eBTC) and airdropping them. Is it possible to create an asset on Byteball called ByteBTC (BBTC) with some limited supply (21 000 000 GBBTC) and airdrop it to all Byteball holders?

I mean not that Byteball devs do that, but can any person here from Bitcointalk do that? I see how I can create it, but I have no idea how to airdrop it and trade later on.

That asset would have all Byteball features related to DAG consensus, but its supply will be stable. It would be a good showcase how Byteball platform may work, that it's not only a payment solution.
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October 08, 2017, 01:54:36 AM
 #14168

Distribution? Anyone have more info or link talking about this distribution?

Thank you
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October 08, 2017, 02:02:02 AM
 #14169

https://byteball.org/ Click "Distribution"
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October 08, 2017, 02:04:21 AM
 #14170

I do not want additional distribution anymore. Dev should use rest of bytes for other productive things....
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October 08, 2017, 02:22:34 AM
 #14171

This price collapse becomes spectacular:



huh.. maybe all those dumpers of free coin were onto something after all....

Bitcoin...the future of all monetary transactions...and always will be
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October 08, 2017, 02:54:27 AM
 #14172

My Full Byteball Wallet is syncing very slow, since 09/17/17. How can I resolve the problem? Can I convert my Full Wallet to a light wallet without losing by Blackbytes?

having exactly the same problem
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October 08, 2017, 05:18:48 AM
 #14173

Looks like a good time to start buying some Smiley 
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October 08, 2017, 06:54:50 AM
 #14174

Price drop looks much worse than it really is. Value should be accounted for in USD. Also not to mention the inflation rate which results in holders having more coins but each coin is worth less naturally.

Total market cap is the accurate depiction as to price movements for GBYTE.



About 50% off from ATH

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October 08, 2017, 07:04:29 AM
 #14175

what did anyone expect with the distribution carried out as it was?

Dude, it seems to me you hate any distribution where 100% of the coins don't belong to you.  Cheesy
dbc23
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October 08, 2017, 07:08:21 AM
 #14176

So, are you going to sell me your bytes.  Seems like you don't want them.  Smiley
Why should I do that? There is a good chance that something will come of it.
However, I will not change a single €uro to Bytes. As much as I'd like to.
So you're only complaining because your free Bytes went down in value?
No, I'm complaining that the community is so uncritical.
I complain that the necessary steps will not be taken to really use this coin.
I complain about the fact that there is no roadmap out of which one can see in which direction this project should go, and therefore I may be wasting my time waiting in vain for this currency to finally be usable.

In fact, in my opinion there is nothing better than Byteball. That's why my fundamental and constructive criticism is based on this, and I would like to point out what is necessary to bring this project forward.

I would also like to see what the competition has partly understood here.
Unfortunately, there is no approach where this can be seen.

This is an issue with crypto, and this forum, in general.

Everytime I see "great project", "promising tech", "good luck to a great team", etc... etc... on threads that started yesterday I wretch a little.

The VAST majority of folks in this space seem to be completely daft and lacking in critical thinking.

With that said, I don't see BB as a project deserving of nearly as much cause for concern as I do for 90% of the other developments out there.  It's unique in it's code/consensus, has anonymity, a somewhat fair distro, emphasis on bot and merchant acceptance to drive utility, and active development for >6 months.

Only a handful of projects can check most of those boxes, still it may fail, but I seriously see BB as having AT LEAST as good a shot at long term viability as any other top 100 cap coins, even with the recent price drop.
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October 08, 2017, 07:33:49 AM
 #14177

Meet 3 new partners in our cashback program:

1. Yopey, an airbnb host in Tokyo https://www.airbnb.jp/rooms/10998033

2. Marigona Dent, a dental clinic in Kosovo https://www.facebook.com/marigonadent

3. Kanzlei Hellinger, a German law firm offering tax and legal support, including in cryptocurrency matters https://hellinger.eu.  They will also accept Bytes for payment.

Great to see this cashback program is going forward!

I think this program should be marketed more ie. Byteball website, though.

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October 08, 2017, 07:58:43 AM
 #14178

Finally, put pressure on your guru to create a roadmap showing that this coin is better to use than other coins (initial steps I have mentioned here more often). If so, the course will explode (and I could finally convert my BTC to Bytes/Blackbytes).


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October 08, 2017, 08:04:06 AM
 #14179

We had some action in the Blackbyte Market!

Latest statistics from freebe:

24h volume: 922 GBB
W. Avg. Price: 0.0308 GB/GBB


Best Ask: 0.035
Best BID: 0.0301

Total GBB wanted: 5213
Total GBB for sale: 698


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

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October 08, 2017, 08:11:25 AM
 #14180

Looks like a good time to start buying some Smiley  

I read this here when the price was at .08. And then when it was down to .05.
Let me tell you something. This still isn't the bottom! There's still enough room to go south. Check the overall chart. This thing will probably go for a full retracement.
No significant rise will be seen until the distribution isn't over for 100%!!
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