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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1161307 times)
Marc De Mesel
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July 04, 2018, 10:53:47 AM
Last edit: July 04, 2018, 11:04:01 AM by Marc De Mesel
 #19521

Only two of my friends, who could buy a whole gigabyte joined Byteball. Those who do not have enough money for the whole unit prefer to buy a crypto-currency with a cheaper unit (for example, Stratis, EOS, TRON and other trash ...) Please, let's replace the ticker from GBYTE to MBYTE or KBYTE. Nobody pays attention to how many bytes per unit, everyone looks at the unit - GBYTE and thinks it's expensive. Bitcoin has the same problem. Let's make our cryptocurrency more convenient in this. In the rest it is the best!

Tell your friends they are idiots and will lose their money if they invest that way.

The value of 1 share or coin is of no importance, it's the value of the total company/coin, compared to it's potential value, that is of importance to judge whether you have a good chance to make profit or not.

You can have a highly overvalued company/coin with still a low price per share/coin, and you can have a highly undervalued company/coin with a high price per share/coin. The first is a terrible investment, the second a great one.



Also the amount of new shares/coins issued can dilute the value of your shares/coins a lot, so study this too. Are there new shares/coins issued and those that get them, do they give more value back in exchange or less value then they get payed? A highly undervalued company/coin can go up a lot in value, but if more new shares/coins come on the market in the meantime compared to the value the company/coin goes up, the value per share/coin can still go down!


Early Bitcoin, Byteball & Bitcoin Cash Investor. Loving Voluntarysm, Lambos & Girls Wink
Check out my: https://youtube.com/user/Marcdemesel - https://twitter.com/marcdemesel & https://instagram.com/marc_de_mesel
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nik888
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July 04, 2018, 01:14:24 PM
Last edit: July 04, 2018, 01:36:46 PM by nik888
 #19522

Only two of my friends, who could buy a whole gigabyte joined Byteball. Those who do not have enough money for the whole unit prefer to buy a crypto-currency with a cheaper unit (for example, Stratis, EOS, TRON and other trash ...) Please, let's replace the ticker from GBYTE to MBYTE or KBYTE. Nobody pays attention to how many bytes per unit, everyone looks at the unit - GBYTE and thinks it's expensive. Bitcoin has the same problem. Let's make our cryptocurrency more convenient in this. In the rest it is the best!

Tell your friends they are idiots and will lose their money if they invest that way.

The value of 1 share or coin is of no importance, it's the value of the total company/coin, compared to it's potential value, that is of importance to judge whether you have a good chance to make profit or not.

You can have a highly overvalued company/coin with still a low price per share/coin, and you can have a highly undervalued company/coin with a high price per share/coin. The first is a terrible investment, the second a great one.



Also the amount of new shares/coins issued can dilute the value of your shares/coins a lot, so study this too. Are there new shares/coins issued and those that get them, do they give more value back in exchange or less value then they get payed? A highly undervalued company/coin can go up a lot in value, but if more new shares/coins come on the market in the meantime compared to the value the company/coin goes up, the value per share/coin can still go down!



I agree, but many people here say that simply changing the ticker from GBYTE to MBYTE will make Byteball more convenient, attractive and understandable for such people too. Simply time has shown that such a large unit is confusing to many people and not so convenient.


yet ... try to immediately orient how much money you have in Terabytes?)) ... Terabyte, gigabytes, megabytes, kilobytes, bytes - see what unit falls under the definition of "golden mean"))


I think here, too, should be all simple. The more the unit of cost differs from the US dollar, the more it is not easy
futurecapitano
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July 04, 2018, 01:48:37 PM
 #19523

Yes, it definitely is a big step forward. It is not easy to convince Apple to host your wallet software, especially in the crypto space. A lot of other wallets, including Coinomi, had to struggle before getting on to the iStore. Many others have just stopped trying.
Made great partnership with Apple.
Thanks for amazing works from @tonych and Byteball team.
Via partnership with Apple and appearance of Byteball in Apple Store, I strongly believe that Byteball will become much more popular this year.
publiccoin57
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July 04, 2018, 05:17:08 PM
 #19524

The platform is rock solid. It's one of the most feature complete platforms around. Price on an exchange doesn't change that.
romeox6x
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July 04, 2018, 06:07:38 PM
 #19525

Have heard private assets such as blackbytes cannot be restored from seed. You can restore bytes and other public assets though, but I never tried it. You can find the seed in the wallet settings btw. It even says you cannot restore multi-signature addresses and private assets with the seed only.
Real14Hero
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July 04, 2018, 06:30:12 PM
 #19526

The platform is rock solid. It's one of the most feature complete platforms around. Price on an exchange doesn't change that.
Yes, the price does change a lot of things.
Lower price directly indicated people going out of the currency and hence hampering the  growth of the platform that again makes people leave thus creating a viscious cycle of death for the coin (something like doge).
meterse
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July 04, 2018, 07:37:04 PM
 #19527

A short recap of the first ever Byteball Use-a-Thon at the Simón Bolívar University in Venezuela (by Casper Niebe, User Acquisition Manager of Byteball)

https://youtu.be/GfkFG_t1zmI
BurtW
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All paid signature campaigns should be banned.


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July 04, 2018, 11:16:04 PM
 #19528

Anybody passing by on the app store will laugh at our name.
Apple users will get used to it: iPad name draws feminine hygiene jokes

Call it iBall, they'll love it!
Wouldn't iByte (an apple) be more appropriate?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
maximumcoin
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★777Coin.com★ Fun BTC Casino!


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July 05, 2018, 02:47:25 AM
 #19529

Yes, the price does change a lot of things.
Lower price directly indicated people going out of the currency and hence hampering the  growth of the platform that again makes people leave thus creating a viscious cycle of death for the coin (something like doge).
Death, really?
https://coinmarketcap.com/currencies/byteball/
With the price chart like this, I think it is time to hop on and get profits.

nicklello
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“Open and Transparent Science Powered By Blockchai


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July 05, 2018, 06:39:08 AM
 #19530

can I restore all address (the new one of February, too) from the backup file? or only the addresses from the backup day?

ORVIUM        Open and Transparent Science Powered By Blockchain        ORVIUM
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July 05, 2018, 07:11:40 AM
 #19531

The platform is rock solid. It's one of the most feature complete platforms around. Price on an exchange doesn't change that.

The price will recover eventually.
meterse
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July 05, 2018, 04:17:58 PM
 #19532



see https://youtu.be/yT3FjiOJa1U
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July 05, 2018, 06:29:07 PM
 #19533


An announcement about an announcement...

Chancellor on brink of second bailout for banks
jjacob
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July 05, 2018, 07:15:26 PM
 #19534

The platform is rock solid. It's one of the most feature complete platforms around. Price on an exchange doesn't change that.
Yes, the price does change a lot of things.
Lower price directly indicated people going out of the currency and hence hampering the  growth of the platform that again makes people leave thus creating a viscious cycle of death for the coin (something like doge).

The only thing that the lower price does is change the distribution. You must realise that the bytes distributed through various mechanisms would in most cases be sold at the exchanges. That doesn’t change the potential of Byteball one bit.


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meterse
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July 05, 2018, 11:18:11 PM
 #19535

The platform is rock solid. It's one of the most feature complete platforms around. Price on an exchange doesn't change that.
Yes, the price does change a lot of things.
Lower price directly indicated people going out of the currency and hence hampering the  growth of the platform that again makes people leave thus creating a viscious cycle of death for the coin (something like doge).

The only thing that the lower price does is change the distribution. You must realise that the bytes distributed through various mechanisms would in most cases be sold at the exchanges. That doesn’t change the potential of Byteball one bit.

if dodge is in a death cycle it might be because its a shitcoin. there is nothing similar to the byteball platform out there
meterse
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July 05, 2018, 11:19:02 PM
 #19536


yes, imagine doing something like Apple. silly idea
sailthor
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July 06, 2018, 12:02:44 AM
 #19537

Yeah, this is our "marketing" team. Smiley

blackberry862
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Solaris & ZeroCoin & txbit.io exchange ! Go !!!


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July 06, 2018, 04:15:02 AM
 #19538

Byteball project has big potential to change gambling industry based on this breaking ideas, easy to use wallet, fast transaction speed, blackbytes, DAG and more good things.
Some day Byteball will beat Dogecoin to be the first one in gambling industry.
Another plus point is Byteball has smart contracts.
LoganAlan
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July 06, 2018, 06:31:28 AM
 #19539

OMG i just sent my frist byteball transcaition.. MAGIC fast holy cow
Guys how secure is backing up a wallet? How come we don't use seed words like btc?
CryptKeeper
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July 06, 2018, 06:36:34 AM
 #19540

OMG i just sent my frist byteball transcaition.. MAGIC fast holy cow
Guys how secure is backing up a wallet? How come we don't use seed words like btc?

The Byteball addresses follow the same algorithms like Bitcoin (IMO it’s BIP44 but not sure), so you can restore all non-private assets using your seed words. But there are some advanced features like paired devices, smart payment contracts and private assets (e.g. Blackbytes) which you can’t restore by seed!

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
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