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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1161398 times)
lhtot8
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May 15, 2018, 02:48:57 AM
 #18941

From my own point of view, this is a calculated risk that was taken by Tony knowing that campaigns like the one that we have right now will have impact in long term. yes, it is very possible that 80% of the participants sold their bytes right after receiving it from the manager but we can't just put all the blame to them. Byteball isn't a small market that can be swayed by mere number of participants selling their rewards. It's just that almost all altcoins are tanking very hard together with BTC.
I don't believe that signature participants can really dump the Byteball price too much after getting their payments.
Of course, most of them will sell their coins immediately after receiving (as you said), but the effects will last very short, several minutes, or hours.
The real movements of Byteball will be determined by Bitcoin (or BitcoinCash at specific point of time) movements, and Byteball internal developments.
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bottacoin
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May 15, 2018, 07:36:19 AM
 #18942


*** binaryballs now connected to Bittrex ***

As a result of several traders complaining that the update of the Byteball exchange Oracle data is too slow for an optimal trading strategy, binaryballs has switched to a new data feed directly provided by Bittrex as its new assets price Oracle.

As you may know it, Bittrex is one of the most serious and recognized existing exchanges over the place. Therefore we feel confident that Bittrex will provide accurate and reliable data to our traders.

Assets prices are now refreshed every 10 seconds instead of several minutes with Byteball Oracle. The trading experience is very much better and optimal entry/exit strategies can now be much more accurate.

Also assets prices are now listed relative to Bitcoin instead of US dollar.

Come now and give a try for a better and safer trading experience and a new Oracle rhythm at binaryballs.com !

https://byteball.fr/bandeau.png

Alcibiades Agnes
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May 15, 2018, 12:51:14 PM
 #18943

Paying for marketing in bytes can result in price down. There I mean on signature and social media promotion. Probably 80% of publishers selling immediately his bytes when received them for his job.
I did not have enough free time to analyze that but can be chance to buy cheap.
You are wrong!
Those participants can only make price down a bit for a short period of time. They can not control and make long-lasting, strong impact on the price of Byteball.
If you remember or spend several seconds to look at Byteball price chart, you will see that during the current signature campaign, Byteball price has surpass 0.034 BTC. It was significant rise, right?
I don't know whether the rise was mainly due to signature campaign impacts or not, but it is one thing which can prove your stance is wrong.

This is true. The dumpers will have a short term impact, but if they are getting new people into Byteball, then it is worth it. Think of how the initial airdrop resulted in Byteball becoming known to almost 90% of the Bitcoin community. Similarly, the signature campaigns may have a positive impact too.

Do you know what's a better market strategy? A market maker pushing the price to a new ATH. That will surely bring new participants/new believers/new bagholders  Grin Anyway, it always happens to crypto coins.

I have to say, in my case, I know BYTEBALL because IOTA was all time high. Then I look for a competition or similar tangle technology, and I found BYTEBALL.
And yes it was because of a price push of Iota, in this case I thanks IOTA.
Alcibiades Agnes
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May 15, 2018, 01:07:31 PM
 #18944

Thank you Tony for doing so much and so well for this project. The community felt and had expressend that marketing was missing - and now that's already a thing of the past

Marketing is a necessity , I hope after the marketing team gets consolidated, Tony would manage to keep posting byteball updates through this channel.

I like byteball because I have some bytes!
They are already starting to invest in marketing but since the time they started it, the price has gone even more down.
I don't know why but I believe its not correct to expect much from byteball when bitcoin itself is struggling.

Paying for marketing in bytes can result in price down. There I mean on signature and social media promotion. Probably 80% of publishers selling immediately his bytes when received them for his job.
I did not have enough free time to analyze that but can be chance to buy cheap.

From my own point of view, this is a calculated risk that was taken by Tony knowing that campaigns like the one that we have right now will have impact in long term. yes, it is very possible that 80% of the participants sold their bytes right after receiving it from the manager but we can't just put all the blame to them. Byteball isn't a small market that can be swayed by mere number of participants selling their rewards. It's just that almost all altcoins are tanking very hard together with BTC.

I wonder how you come up with your probability estimation, based on what?
All these campaigning effort like signature, WCG, youtube, etc, are for the purpose of getting BYTEBALL adoption, not for selling the bytes won.

So before you throwing statistical numbers out of your crystal ball, look for some proof support of what you trying to predict.

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May 15, 2018, 01:13:17 PM
 #18945


Come now and give a try for a better and safer trading experience and a new Oracle rhythm at binaryballs.com !




Please do it people to people trade, so you are risk free, and get more odoption, I promes you!
thd26bct
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May 15, 2018, 01:18:09 PM
 #18946

hello someone can tell me what is byteball in short words?
lol, hey noob.
No one have to tell you such basic information.
All necessary stuffs about Byteball, including what it is, its specifications, etc. have already shown in the OP and its official website (link in the OP, too).
You should find them by yourself, for yourself.

Alcibiades Agnes
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May 15, 2018, 01:47:12 PM
Last edit: May 15, 2018, 02:52:15 PM by Alcibiades Agnes
 #18947

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.
promotionuser
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May 15, 2018, 04:09:57 PM
 #18948

The price is not a big matter. The problem is the volume. No volume=no adoption. The stable increment in price comes later
jwinterm
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May 15, 2018, 05:12:55 PM
 #18949

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy
Xantrax
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May 15, 2018, 05:38:51 PM
 #18950

With Byteball , I think it 's a luxury to have crossed all these milestones and to move to decentralization .
Alcibiades Agnes
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May 16, 2018, 12:32:23 AM
Last edit: May 16, 2018, 12:46:20 AM by Alcibiades Agnes
 #18951

Byteball has the first fisical exchange! In Milan, Italy!


Bytes Exchange Here
Experimental Alpha Phase: merchants and business owners can convert Bytes in Euro, no fees. Byteball ID required.

Studio Legale Jerkunica

Via Lodovico Settala, 2/N.1

Infoline (+39) 02 29526258

09:00-13:00 14:30-19:00 Mon-Fri



https://byteball.org/milan/


I think we should have more like this exchange
CryptKeeper
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May 16, 2018, 05:07:58 AM
 #18952

Byteball has the first fisical exchange! In Milan, Italy!


Bytes Exchange Here
Experimental Alpha Phase: merchants and business owners can convert Bytes in Euro, no fees. Byteball ID required.

Studio Legale Jerkunica

Via Lodovico Settala, 2/N.1

Infoline (+39) 02 29526258

09:00-13:00 14:30-19:00 Mon-Fri



https://byteball.org/milan/


I think we should have more like this exchange

Great news, thanks for sharing!

Please retweet https://twitter.com/cryptkeeperbtt/status/996617676733714432?s=21

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
Evgenus
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May 16, 2018, 01:56:47 PM
 #18953

will there be any news from the team? and in general, does the team plan to take any actions that will affect the price? can there be a new cooperation?

▀▀█▄▄    [websitewhitepaper]  ❒  ATHERO  ❒  .Internet 3.0 solution    ▄▄█▀▀
  A revolutionary decentralized digital economy 
▄▄█▀▀    Twitter  ◽  Facebook  ◽  Telegram  ◽  Youtube  ◽  Github   ▀▀█▄▄
kaicrypzen
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May 16, 2018, 03:09:49 PM
 #18954

will there be any news from the team? and in general, does the team plan to take any actions that will affect the price? can there be a new cooperation?

If we knew that the team intends to release specific news, they won't qualify as news ... Only the news teller knows and they will tell you when news are available. Byteball releases with bug fixes and new features are quite regular and products (bots, assets) are developed on top of Byteball. Nothing should be willingly done by the team to mainly influence the price. There is no way for anybody to know if a partnership is to be announced. You can only keep track of github issues to have an idea about what's coming in the next releases. So, don't expect willingly-price-moving news from the team and don't believe rumors. News are always announced here and on Slack by tonych himself.

internetofthings5
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May 16, 2018, 04:38:23 PM
 #18955

hi. can somebody help me ?
Hhugh
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May 16, 2018, 05:27:07 PM
 #18956

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

I feel the same way... even though I'm working on and care about Byteball's future, the above is why I don't come here that often anymore.
Virtuoso
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May 16, 2018, 07:07:46 PM
 #18957

I am a little sceptical about GBYTE because they are not very transparent about their team members and their marketing doesn't seem together .
bitcoinreviews
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May 16, 2018, 07:38:57 PM
 #18958

Byteball gaining tons of traction.  There are now over 124 businesses in Milan who take part in the Btyeball cashback program.  And also accept Bytes!
eerygarden
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May 16, 2018, 08:28:45 PM
 #18959

i heard byteball work with PR agency. Trustless bookmaker looks like a good proposition of platform. Maybe they should focus on this
GröBkAz
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May 16, 2018, 09:56:41 PM
 #18960

Unlike the longest chains in block chains , byteball nodes do not replace the main chain with a newer main chain ; they only extend the main chain by getting additional confirmations of > 6 witnesses .
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