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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1219101 times)
lenyro
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February 19, 2017, 12:36:40 AM
 #5121

Bybteball goes bigger and bigger, the most precious free distribution coin is byteball, right? I like this coin, it makes many people rich.
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Jeff Jefferson
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February 19, 2017, 09:56:15 AM
 #5122

byteball hype over? everyone is selling? Angry
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February 19, 2017, 10:00:05 AM
 #5123

byteball hype over? everyone is selling? Angry

it's just temporary absurdity.

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February 19, 2017, 10:00:50 AM
 #5124

byteball hype over? everyone is selling? Angry

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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February 19, 2017, 10:08:21 AM
Last edit: February 19, 2017, 10:43:33 AM by kaicrypzen
 #5125

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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February 19, 2017, 10:40:10 AM
 #5126

byteball hype over? everyone is selling? Angry
which Hype? I buy at 0.051  Wink
spark.bet
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February 19, 2017, 11:28:29 AM
 #5127

The price is on a support.
It's time to refuel



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February 19, 2017, 01:02:36 PM
 #5128

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 Smiley. Any reason(s) why (you think) that support might have more chances to hold than to break?

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February 19, 2017, 01:07:11 PM
 #5129

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 Smiley. 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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February 19, 2017, 01:34:59 PM
 #5130

I'm waiting for that support to break, maybe I'll wait forever, maybe not Smiley. 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 Smiley. 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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February 19, 2017, 01:45:58 PM
 #5131


I'm waiting for that support to break, maybe I'll wait forever, maybe not Smiley. 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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February 19, 2017, 01:57:39 PM
 #5132

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 Smiley. 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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February 19, 2017, 03:03:47 PM
 #5133

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 Smiley. 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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February 19, 2017, 05:40:26 PM
 #5134

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.


Chancellor on brink of second bailout for banks
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February 19, 2017, 05:59:02 PM
 #5135

But a high risk is Bitcoin, if it goes down, users sell your free byteballs to save the worth.
escapefrom3dom
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February 19, 2017, 06:08:47 PM
 #5136

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
 #5137

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  Wink  and this is ok, ByteBall is a small new coin with free coins every month.
vlom
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February 19, 2017, 06:18:15 PM
 #5138

the transition bot does not answer me. does anybody know why this can happen?

i am using v.1.3.0 on OSX.
escapefrom3dom
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February 19, 2017, 06:19:39 PM
 #5139

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.  Smiley

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February 19, 2017, 06:21:49 PM
 #5140

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.  Smiley

 Roll Eyes and trading is possible on sunday. because this bot is answering to my inputs.
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