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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1234247 times)
kaicrypzen
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February 18, 2017, 08:23:58 PM
 #5101

Hello
1 positive balance at the Bitcoin wallet tied only need to have the time ALLOTMENT? or permanently?
2 taken into account only the current amount that is in this purse, or the sum of all transactions for the entire period? Smiley

What you have now on the balance of your linked address(es) doesn't matter. You can do whatever you want with your bitcoins before and after the snapshot. The only thing that matters is what you have when the snapshot occurs (not what you have now).

Wassopotamia
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February 18, 2017, 08:28:14 PM
 #5102

Hello
1 positive balance at the Bitcoin wallet tied only need to have the time ALLOTMENT? or permanently?
2 taken into account only the current amount that is in this purse, or the sum of all transactions for the entire period? Smiley

What you have now on the balance of your linked address(es) doesn't matter. You can do whatever you want with your bitcoins before and after the snapshot. The only thing that matters is what you have when the snapshot occurs (not what you have now).

oк  Wink Thx
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February 18, 2017, 08:29:26 PM
 #5103

byteball on polo would be great  Roll Eyes

Byteball now traded on bitsquare.io  Grin

https://bitsquare.io/

thumbs up!
o0o0
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February 18, 2017, 11:13:18 PM
 #5104

Is the byteball.org download link for windows wallet working for everyone? Mine keeps failing slow download speed etc... is the amazon web cloud ok?
kaicrypzen
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February 18, 2017, 11:45:38 PM
 #5105

Is the byteball.org download link for windows wallet working for everyone? Mine keeps failing slow download speed etc...

It works fine on my end, this might probably be an issue related to your internet connection ...

is the amazon web cloud ok?

The download link points to the v1.3.0 Windows 64-bit exe from https://github.com/byteball/byteball/releases. What do you mean by "amazon web cloud" ?

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February 19, 2017, 12:34:38 AM
 #5106

Is the byteball.org download link for windows wallet working for everyone? Mine keeps failing slow download speed etc... is the amazon web cloud ok?

Seems fine for me. I used it for an upgrade to new shiny version and worked a treat. If the mobile version gets a TOR update that would be excellent. Could run it through Orbot and that would provide good protection.
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February 19, 2017, 12:36:40 AM
 #5107

Bybteball goes bigger and bigger, the most precious free distribution coin is byteball, right? I like this coin, it makes many people rich.
Jeff Jefferson
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February 19, 2017, 09:56:15 AM
 #5108

byteball hype over? everyone is selling? Angry
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February 19, 2017, 10:00:05 AM
 #5109

byteball hype over? everyone is selling? Angry

it's just temporary absurdity.

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February 19, 2017, 10:00:50 AM
 #5110

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.
kaicrypzen
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February 19, 2017, 10:08:21 AM
Last edit: February 19, 2017, 10:43:33 AM by kaicrypzen
 #5111

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
 #5112

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
 #5113

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



kaicrypzen
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February 19, 2017, 01:02:36 PM
 #5114

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
 #5115

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.

kaicrypzen
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February 19, 2017, 01:34:59 PM
 #5116

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).

spark.bet
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February 19, 2017, 01:45:58 PM
 #5117


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
 #5118

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 ...
kaicrypzen
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February 19, 2017, 03:03:47 PM
 #5119

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?

davidoski
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February 19, 2017, 05:40:26 PM
 #5120

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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