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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1187992 times)
tarmo888
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January 03, 2020, 12:08:49 AM
 #22141

It looks very unique and easy to understand, hopefully with this DEX can make a slight surge in prices, I know this obtye used to be very expensive in exchange. But for now it is still fairly expensive even though there is no positive trend from the market.

Obyte Bytes are not expensive, Bytes supply is 2.1 times smaller than Bitcoin satoshis. Even if you divide Bitcoin price with 2.1, you still don't get comparable prices.
https://twitter.com/tarmo888/status/1145423268951863297

You could compare the prices by looking how much bytes vs satoshis is needed for transaction:
For Bitcoin, average is 250 bytes * satoshis per byte.
For Obyte, typical transaction takes more than 500 Bytes. Multiple inputs and multi-device could easily double that. Autonomous Agents will also increase the need of Bytes.

So, if you see some shitcoin, which "looks cheap" then look how the supply looks like in smallest unit size (bytes, satoshis, wei) and how much of that you need to do even basic transactions on that platform. Without fees, you only have speculation value in that token, which all the other coins have too.
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pineapple express
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January 03, 2020, 03:11:05 PM
 #22142

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins
tarmo888
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January 04, 2020, 01:35:52 AM
 #22143

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins

If they are so expensive, sell your bags and leave, you are useless to the project. You are not helping.
Or are you committed to get the price even lower, so you could buy low? you know - buy low, sell high.

I haven't watched TV for months, I guess everyone has their own ways how to waste time, but Playstation and TV are quite useless to spend money on.
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January 04, 2020, 06:59:58 AM
Last edit: January 04, 2020, 07:13:07 AM by pineapple express
 #22144

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins

 but Playstation and TV are quite useless to spend money on.
you're so wrong here). Sony never rekt you unlike obyte and always deliver the promised entertainment
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January 04, 2020, 09:36:10 AM
 #22145

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins

but still you can earn it by joining Obyte WCG  Wink



 
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Lortz
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January 08, 2020, 10:21:56 PM
 #22146

There's a rather large buy order on Bittrex:

~snip~

Seems to go down in price a bit every day.

If anyone is interested in selling 1000GB or more, I'll give a better price.

You will not find any seller here. Why don't you just go into an exchange and set a buy order with your "better price". In that sense, you will not have to go into hiring some escrow and do those cumbersome things. It is much easier doing such things in an exchange.

Lortz if you are concerned with Bittrex's KYC, you can go to cryptox.pl, someone might sell in your order there.

Putting large orders on no-liquidity pairs just pushes the price away. I want a large trade without messing with exchange nonsense.

If anyone's interested, please mail me at Lortzi@protonmail.com.
tarmo888
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January 08, 2020, 11:21:28 PM
 #22147

There's a rather large buy order on Bittrex:

~snip~

Seems to go down in price a bit every day.

If anyone is interested in selling 1000GB or more, I'll give a better price.

You will not find any seller here. Why don't you just go into an exchange and set a buy order with your "better price". In that sense, you will not have to go into hiring some escrow and do those cumbersome things. It is much easier doing such things in an exchange.

Lortz if you are concerned with Bittrex's KYC, you can go to cryptox.pl, someone might sell in your order there.

Putting large orders on no-liquidity pairs just pushes the price away. I want a large trade without messing with exchange nonsense.

If anyone's interested, please mail me at Lortzi@protonmail.com.

Putting large orders on non-liquid pairs adds more liquidity. Recently saw quite big sell order filled, took couple of days, but it got filled.
GamEth
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January 10, 2020, 09:11:31 PM
 #22148

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins

but still you can earn it by joining Obyte WCG  Wink



How does the whole reward system works ?
tarmo888
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January 10, 2020, 09:45:42 PM
 #22149

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins

but still you can earn it by joining Obyte WCG  Wink



How does the whole reward system works ?

https://wiki.obyte.org/WCG_distribution
GamEth
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January 13, 2020, 05:32:35 PM
 #22150

obyte is very expensive imo. I'd better wait for ps5 and buy this with oled tv than useless coins

but still you can earn it by joining Obyte WCG  Wink



How does the whole reward system works ?

https://wiki.obyte.org/WCG_distribution

Ok thx !

Put my CPU to work !
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January 13, 2020, 06:36:06 PM
 #22151

Gosh I really have been out of the loop with crypto for a while. I never knew Byteball changed their name
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