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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1226725 times)
tarmo888
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October 11, 2019, 01:53:11 PM
 #22001

Talking to tarmo888 is a waste of time. There's zero chance he will change his mind. It has never happened before and it will never happen. The only thing that always happens is a toxic discussion, name calling and eventually invectives. It always happened before and will always happen. With anybody trying. Again. And again. No matter the arguments you will come up with. It's better to spend your time on something more enjoyable. You can send me 2 cents for saving you time and preventing debilitating frustration.

Not any arguments, bring on the good arguments. Preferably something backed with data, not just opinions, we have internally bunch of opinions too, which are quite useless if they can't be proved.

You used to post normal posts, but it seems that it is you who has turned toxic lately. All you do now is post animated gifs and FUD. Maybe you are pissed that you bags are worthless now, but I can't see how posting FUD will help that, seems like you are digging bigger crave to your bags with every new FUD post.
The market is very bad, many people slowly lose confidence

Same with every other coin out there after almost 2 years of bear market.
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andreibi
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October 11, 2019, 03:32:58 PM
 #22002

Talking to tarmo888 is a waste of time. There's zero chance he will change his mind. It has never happened before and it will never happen. The only thing that always happens is a toxic discussion, name calling and eventually invectives. It always happened before and will always happen. With anybody trying. Again. And again. No matter the arguments you will come up with. It's better to spend your time on something more enjoyable. You can send me 2 cents for saving you time and preventing debilitating frustration.

Not any arguments, bring on the good arguments. Preferably something backed with data, not just opinions, we have internally bunch of opinions too, which are quite useless if they can't be proved.

You used to post normal posts, but it seems that it is you who has turned toxic lately. All you do now is post animated gifs and FUD. Maybe you are pissed that you bags are worthless now, but I can't see how posting FUD will help that, seems like you are digging bigger crave to your bags with every new FUD post.
The market is very bad, many people slowly lose confidence

Same with every other coin out there after almost 2 years of bear market.

Exactly. In fact on most of the threads I have bags on, most posts are just complaints and incessant whining. I guess it can't be helped that people lose their shit when their coin investment lost 95% of its value. And not a single coin was spared.

jwinterm
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October 11, 2019, 03:42:42 PM
 #22003

Talking to tarmo888 is a waste of time. There's zero chance he will change his mind. It has never happened before and it will never happen. The only thing that always happens is a toxic discussion, name calling and eventually invectives. It always happened before and will always happen. With anybody trying. Again. And again. No matter the arguments you will come up with. It's better to spend your time on something more enjoyable. You can send me 2 cents for saving you time and preventing debilitating frustration.

Not any arguments, bring on the good arguments. Preferably something backed with data, not just opinions, we have internally bunch of opinions too, which are quite useless if they can't be proved.

You used to post normal posts, but it seems that it is you who has turned toxic lately. All you do now is post animated gifs and FUD. Maybe you are pissed that you bags are worthless now, but I can't see how posting FUD will help that, seems like you are digging bigger crave to your bags with every new FUD post.
The market is very bad, many people slowly lose confidence

Same with every other coin out there after almost 2 years of bear market.

Exactly. In fact on most of the threads I have bags on, most posts are just complaints and incessant whining. I guess it can't be helped that people lose their shit when their coin investment lost 95% of its value. And not a single coin was spared.

Bitcoin is down a little over 50% from all time high. Byteballs are down over 98% from ath. Not exactly the same level of destruction there.
tbct_mt2
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October 12, 2019, 06:13:10 AM
 #22004

Bitcoin is down a little over 50% from all time high. Byteballs are down over 98% from ath. Not exactly the same level of destruction there.
How about other top altcoins when you compare their prices today to their all time high prices? It is not too bad for Obyte if you compare percentage of loss from all time high to today price.
I know how investors who bought Obyte (Byteball) and other top altcoins at all time highs, and still held their coins by now. It is not comfortable feeling, I know. In contrast, if someone have spare money to use for investment now, they can determinantly do this with very good profitable potential in coming weeks or months.
I can not deny the fact that hoping altcoins recovering to their all time highs, in both BTC or USDT pairs is unrealistic, so my advice is selling when they move upwards around 30 percent, and wait dips to buy them back. Repeats that trading strategies for several rounds, then some months later, investors who bought at all time highs can get their capital back. It's not easy, and it costs lots of time, but it will do help them.

tarmo888
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October 12, 2019, 09:29:29 AM
 #22005

The market is very bad, many people slowly lose confidence

Same with every other coin out there after almost 2 years of bear market.

Exactly. In fact on most of the threads I have bags on, most posts are just complaints and incessant whining. I guess it can't be helped that people lose their shit when their coin investment lost 95% of its value. And not a single coin was spared.

Bitcoin is down a little over 50% from all time high. Byteballs are down over 98% from ath. Not exactly the same level of destruction there.

Are you sure that it is not even worse destruction for a market leader who should be bit more stable? That "little over 50% drop is f-ing 150 billion dollars gone from Bitcoin marketcap. That's billion with the B. There was lot of real hard-earned money in there. Most of Obyte holders are those who got the bytes for free, no institutional investors here.
naska21
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October 12, 2019, 02:59:23 PM
 #22006

Should be started from scratch.

Same code, but with at least one person understanding marketing. Restart as a stable coin pegged to eur / us / Y or something.

Coca Cola just puts regular water into plastic bottles and the enduser price is x10. If you don't how to turn your product into something
valuable: ask a professional.

Agree, seems right now  Obyte is out of touch with the ppl needs . Formally, the Obyte foundation has been created, but the results of its activities are not yet visible and marketing, if any, is doing turtle steps.

whole nazca signature space owned by naska21 for rent, feel free to PM me
pineapple express
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October 13, 2019, 10:35:36 AM
 #22007

The market is very bad, many people slowly lose confidence

Same with every other coin out there after almost 2 years of bear market.

Exactly. In fact on most of the threads I have bags on, most posts are just complaints and incessant whining. I guess it can't be helped that people lose their shit when their coin investment lost 95% of its value. And not a single coin was spared.

Bitcoin is down a little over 50% from all time high. Byteballs are down over 98% from ath. Not exactly the same level of destruction there.

Are you sure that it is not even worse destruction for a market leader who should be bit more stable? That "little over 50% drop is f-ing 150 billion dollars gone from Bitcoin marketcap. That's billion with the B. There was lot of real hard-earned money in there. Most of Obyte holders are those who got the bytes for free, no institutional investors here.
marketcap has little to do with money in orders
150 billion dollars dump could be caused with 500 millions total sell for example. Usually this rate will be very low fir coins from #3 and lower. Like you need $100k sell to dump obyte below $1m cap
allwelder
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October 13, 2019, 11:13:31 AM
 #22008

A much long time did not follow byteball,now changed to Obyte.
What's the most important updates for users to get?
As a Delegates DAG coin,create a fully new vision for adoption,but seems the marketcap is not satisfactory.

 
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mishax1
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October 13, 2019, 12:55:46 PM
 #22009

A much long time did not follow byteball,now changed to Obyte.
What's the most important updates for users to get?
As a Delegates DAG coin,create a fully new vision for adoption,but seems the marketcap is not satisfactory.

and more importantly, are there any users left ?
tarmo888
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October 14, 2019, 06:06:02 AM
 #22010

A much long time did not follow byteball,now changed to Obyte.
What's the most important updates for users to get?
As a Delegates DAG coin,create a fully new vision for adoption,but seems the marketcap is not satisfactory.

http://press.obyte.org/timeline
tarmo888
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October 14, 2019, 06:16:24 AM
 #22011

The market is very bad, many people slowly lose confidence

Same with every other coin out there after almost 2 years of bear market.

Exactly. In fact on most of the threads I have bags on, most posts are just complaints and incessant whining. I guess it can't be helped that people lose their shit when their coin investment lost 95% of its value. And not a single coin was spared.

Bitcoin is down a little over 50% from all time high. Byteballs are down over 98% from ath. Not exactly the same level of destruction there.

Are you sure that it is not even worse destruction for a market leader who should be bit more stable? That "little over 50% drop is f-ing 150 billion dollars gone from Bitcoin marketcap. That's billion with the B. There was lot of real hard-earned money in there. Most of Obyte holders are those who got the bytes for free, no institutional investors here.
marketcap has little to do with money in orders
150 billion dollars dump could be caused with 500 millions total sell for example. Usually this rate will be very low fir coins from #3 and lower. Like you need $100k sell to dump obyte below $1m cap

it's a not a temporary price swing, there were many people who traded billions of dollars worth of Bitcoin when it was near 20k and now 150 billion of dollars worth of value has gone from their portfolio. You can loose more money with market leader drops 50% then when altcoin drops 95%. All depends on individual investor portfolio, but even if you held the total supply of GBYTE, you would have lost only 1/150 of what Bitcoin lost in value combined.
tarmo888
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October 14, 2019, 06:33:09 AM
 #22012

Should be started from scratch.

Same code, but with at least one person understanding marketing. Restart as a stable coin pegged to eur / us / Y or something.

Coca Cola just puts regular water into plastic bottles and the enduser price is x10. If you don't how to turn your product into something
valuable: ask a professional.

Agree, seems right now  Obyte is out of touch with the ppl needs . Formally, the Obyte foundation has been created, but the results of its activities are not yet visible and marketing, if any, is doing turtle steps.


If people need is fiat-backed stablecoin then I think these people have missunderstood one of the main points of any cryptocurrencies.
None of the fiat-backed cryptocurrencies are decentralized, you basically trust some company that they will give you back the fiat currency of your bags worth. There are many coins like that, basically every exchange creates one now, go load up your bags.

Anybody can make stablecoin collateralized with bytes on Obyte, make a grant proposal if you have a team to build it, autonomous agents will enable you to make them decentralized way, but native token pegged to USD just doesn't make sense.
fuk
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October 14, 2019, 02:10:09 PM
 #22013

Quote
Anybody can make stablecoin collateralized with bytes on Obyte
bytes is illiquid asset. You can't use it as collateral, because if you need to liquidate it, you will crash the market and cause liquidation of the rest collateral. Your stable currency will crash like a house of cards
tarmo888
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October 14, 2019, 06:17:47 PM
 #22014

Quote
Anybody can make stablecoin collateralized with bytes on Obyte
bytes is illiquid asset. You can't use it as collateral, because if you need to liquidate it, you will crash the market and cause liquidation of the rest collateral. Your stable currency will crash like a house of cards

That's same nonsense as saying that can't trade GBYTE because there is no liquidity. If you don't put your bytes to order book and just talk that there is no liquidity, of course, then there is no liquidity. Less complaining and more doing.

I haven't yet had problems buying/selling GBYTE, I just put the order up near market price and within 12 it usually gets filled. If somebody decided to crash the price meanwhile, I adjust the price to market price and it gets filled in next 12 hours. So far, never taken more that 24 hours, price volatile enough to fill any order near market price.

Same with bytes as stablecoin collateral, can't sell the collateral if nobody makes a stablecoin that requires bytes for collateral.
fuk
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October 15, 2019, 08:31:23 PM
 #22015

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Same with bytes as stablecoin collateral, can't sell the collateral if nobody makes a stablecoin that requires bytes for collateral.
course who builds a house on a crappy foundation
tarmo888
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October 16, 2019, 04:20:29 AM
 #22016

Quote
Same with bytes as stablecoin collateral, can't sell the collateral if nobody makes a stablecoin that requires bytes for collateral.
course who builds a house on a crappy foundation

Those who don't listen to whiners FUD, but actually build something because they can see the potential and they have learnt how Obyte really works.
Already 6 rounds of developer contest done with new features on TESTNET, 1 more to go, but you still spreading pathetic FUD.
https://medium.com/obyte/sixth-round-of-obyte-autonomous-agents-developer-contest-6aa89bedd712
pineapple express
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October 16, 2019, 08:22:21 AM
 #22017

Quote
Same with bytes as stablecoin collateral, can't sell the collateral if nobody makes a stablecoin that requires bytes for collateral.
course who builds a house on a crappy foundation

Those who don't listen to whiners FUD, but actually build something because they can see the potential and they have learnt how Obyte really works.
Already 6 rounds of developer contest done with new features on TESTNET, 1 more to go, but you still spreading pathetic FUD.
https://medium.com/obyte/sixth-round-of-obyte-autonomous-agents-developer-contest-6aa89bedd712
nobody builds a stable coin there
tarmo888
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October 16, 2019, 08:25:34 PM
 #22018

Quote
Same with bytes as stablecoin collateral, can't sell the collateral if nobody makes a stablecoin that requires bytes for collateral.
course who builds a house on a crappy foundation

Those who don't listen to whiners FUD, but actually build something because they can see the potential and they have learnt how Obyte really works.
Already 6 rounds of developer contest done with new features on TESTNET, 1 more to go, but you still spreading pathetic FUD.
https://medium.com/obyte/sixth-round-of-obyte-autonomous-agents-developer-contest-6aa89bedd712
nobody builds a stable coin there

Maybe the cryptospace doesn't need any more stablecoins, many exchanges already have multiple. Especially, no need for more stablecoins, where you need to trust someone (Tether, Libra) or which require lot of collateral (Maker DAI).
There has been much more interesting ideas on developers contest than yet another stablecoin.
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October 17, 2019, 08:54:16 AM
 #22019

Quote
Same with bytes as stablecoin collateral, can't sell the collateral if nobody makes a stablecoin that requires bytes for collateral.
course who builds a house on a crappy foundation

Those who don't listen to whiners FUD, but actually build something because they can see the potential and they have learnt how Obyte really works.
Already 6 rounds of developer contest done with new features on TESTNET, 1 more to go, but you still spreading pathetic FUD.
https://medium.com/obyte/sixth-round-of-obyte-autonomous-agents-developer-contest-6aa89bedd712
nobody builds a stable coin there

Maybe the cryptospace doesn't need any more stablecoins, many exchanges already have multiple. Especially, no need for more stablecoins, where you need to trust someone (Tether, Libra) or which require lot of collateral (Maker DAI).
There has been much more interesting ideas on developers contest than yet another stablecoin.

i wouldn't be so critical of Tether and Libra. Right now USDT is the only fuel of stagnating crypto markets. And Libra is the only potential fuel for the future bull market.
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October 17, 2019, 11:50:29 AM
 #22020

oef never read about this coin but still so many pages on this forum Cheesy haha

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