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escapefrom3dom
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February 19, 2017, 10:00:05 AM |
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byteball hype over? everyone is selling?  it's just temporary absurdity. |
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lenyro
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February 19, 2017, 10:00:50 AM |
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byteball hype over? everyone is selling? Maybe, their signature campaign is over, the hype is over, and the price is dumping hard, I can't imagine the price go to 30% of current price, it is dangerous. |
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kaicrypzen
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February 19, 2017, 10:08:21 AM
Last edit: February 19, 2017, 10:43:33 AM by kaicrypzen |
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GByte has always been a very volatile asset, the spread between the highest bid and the lowest ask is generally big and so are the spreads between orders in the same book, so if there's no support/resistance, the price will go down/up easily. 30% is not that much compared to the volatility GByte experienced in the past.
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MemberCount+1
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February 19, 2017, 10:40:10 AM |
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byteball hype over? everyone is selling? which Hype? I buy at 0.051  |
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spark.bet
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February 19, 2017, 11:28:29 AM |
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The price is on a support. It's time to refuel  |
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kaicrypzen
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February 19, 2017, 01:02:36 PM |
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The price is on a support.
It's time to refuel
I'm waiting for that support to break, maybe I'll wait forever, maybe not  . Any reason(s) why (you think) that support might have more chances to hold than to break? |
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escapefrom3dom
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February 19, 2017, 01:07:11 PM |
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The price is on a support.
It's time to refuel
I'm waiting for that support to break, maybe I'll wait forever, maybe not . Any reason(s) why (you think) that support might have more chances to hold than to break?look at the picture above. the coin is good as the ways off spreading it among the people. |
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kaicrypzen
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February 19, 2017, 01:34:59 PM |
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I'm waiting for that support to break, maybe I'll wait forever, maybe not . Any reason(s) why (you think) that support might have more chances to hold than to break? look at the picture above. the coin is good as the ways off spreading it among the people. I think I looked . There is no denial in there being a support. I was just asking why it would hold rather than break short-term-wise. Value and adoption are not the only factors that keep the prices over their support I think. For instance if bitcoin skyrockets, there's a high chance this might negatively impact the bitcoin price of bytes (along with other cryptocurrencies). |
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spark.bet
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February 19, 2017, 01:45:58 PM |
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I'm waiting for that support to break, maybe I'll wait forever, maybe not . Any reason(s) why (you think) that support might have more chances to hold than to break? Statistically it is more likely to resite than break. If I remember, it does seem that it's : 40% break 60% resiste |
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MemberCount+1
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February 19, 2017, 01:57:39 PM |
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The price is on a support.
It's time to refuel
I'm waiting for that support to break, maybe I'll wait forever, maybe not . Any reason(s) why (you think) that support might have more chances to hold than to break? Buying pressure for the next distribution round and by the way no failure from the dev, I see only excellent work. See other projects with a lot of wasted time, huge bugs, ico scam's, no scalability etc. we have a working Software for all plattforms, a chat exchange, free coins, micropayment, smart contract, blackbytes ... |
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kaicrypzen
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February 19, 2017, 03:03:47 PM |
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The price is on a support.
It's time to refuel
I'm waiting for that support to break, maybe I'll wait forever, maybe not . Any reason(s) why (you think) that support might have more chances to hold than to break? Buying pressure for the next distribution round and by the way no failure from the dev, I see only excellent work. See other projects with a lot of wasted time, huge bugs, ico scam's, no scalability etc. we have a working Software for all plattforms, a chat exchange, free coins, micropayment, smart contract, blackbytes ... Maybe it's too soon to talk about buying pressure for the next round ... For all the rest, of course we agree, these are long-term elements that have been known for quite some time, they won't affect today's or tomorrow's price, my question was very short-term centric (maybe I should've specified that). Statistically it is more likely to resite than break.
If I remember, it does seem that it's :
40% break
60% resiste
Thx for the info, can you elaborate (a bit) please on how you calculate those probabilities? |
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davidoski
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February 19, 2017, 05:40:26 PM |
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Technical question about fees collected by witnesses. If witnesses collect fees from every transaction and they essentially have no cost to cover (other than meaningless hardware and bandwidth cost) in the long run won't bytes concentrate in the witnesses hands?
In case of bitcoin fees/reward go to miners but miners have huge electricity and hardware costs therefore bitcoins are recycled back to cover these costs. In case of byteball there's no such recycling pressure which leads to the conclusion that bytes will be more and more concentrated in the hands of witnesses the longer the system operates.
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Chancellor on brink of second bailout for banks
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February 19, 2017, 05:59:02 PM |
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But a high risk is Bitcoin, if it goes down, users sell your free byteballs to save the worth.
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escapefrom3dom
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February 19, 2017, 06:08:47 PM |
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But a high risk is Bitcoin, if it goes down, users sell your free byteballs to save the worth.
why is that? if btc goes down → bb value (in btc units) will rise. and that's all. |
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February 19, 2017, 06:15:20 PM |
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But a high risk is Bitcoin, if it goes down, users sell your free byteballs to save the worth.
why is that? if btc goes down → bb value (in btc units) will rise. and that's all. no, byteball is to small and nobody trade byteball to hold in a Balance with bitcoin. If your guess true, byteball must be rising but see the Chart and this is ok, ByteBall is a small new coin with free coins every month. |
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vlom
Legendary
Activity: 1498
Merit: 1117
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February 19, 2017, 06:18:15 PM |
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the transition bot does not answer me. does anybody know why this can happen?
i am using v.1.3.0 on OSX.
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escapefrom3dom
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February 19, 2017, 06:19:39 PM |
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the transition bot does not answer me. does anybody know why this can happen?
i am using v.1.3.0 on OSX.
i've got the same... maybe it's sunday. |
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vlom
Legendary
Activity: 1498
Merit: 1117
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February 19, 2017, 06:21:49 PM |
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the transition bot does not answer me. does anybody know why this can happen?
i am using v.1.3.0 on OSX.
i've got the same... maybe it's sunday.  and trading is possible on sunday. because this bot is answering to my inputs. |
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Krypt
Legendary
Activity: 1574
Merit: 1177
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February 19, 2017, 06:39:17 PM |
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Technical question about fees collected by witnesses. If witnesses collect fees from every transaction and they essentially have no cost to cover (other than meaningless hardware and bandwidth cost) ... They have: I turned off the witness I had running because it did not have enough funds to continue stamping transactions.  |
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davidoski
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February 19, 2017, 06:44:13 PM |
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Technical question about fees collected by witnesses. If witnesses collect fees from every transaction and they essentially have no cost to cover (other than meaningless hardware and bandwidth cost) ... They have: I turned off the witness I had running because it did not have enough funds to continue stamping transactions. You must be kidding: I turned off the witness I had running because it did not have enough funds to continue stamping transactions. @tonych was this supposed to work this way, when running a witness, if other people dont choose it in their walets, it will eventually run out of funds to continue posting? Yes, if your witness is not supported, it is bleeding capital. That means if witness is supported it is not "bleeding capital". It collects fees without any meaningful cost. |
Chancellor on brink of second bailout for banks
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