Obyte: Totally new consensus algorithm + private untraceable payments

[garytheasshole]

I stupidly opted for the full wallet, still syncing, no idea if I even get my balls although all went fine with Transition bot.

[megashira1]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

[Michail1]

I stupidly opted for the full wallet, still syncing, no idea if I even get my balls although all went fine with Transition bot.

Payments haven't gone out yet.

If you would like, you can send me your recovery seed.
Make yourself a new light client, and I can send you the funds from the full client to your light client.

or

You can simply wait for your full node to sync.


PS.  Recovery through a seed means you lose any black bytes if you had those.   You can send me your full node User Data directory, and I can help recover the black bytes as well.

[AdamW_^_^]

Very cool distribution model moving forward.  I expect Overstock and Newegg (among many others) would be interested in participating.  There is no downside for them.

Based on this new model, I would guess we have several more distributions, likely through the end of the year. 

Hi @all First I want to say byteball algorithm is amazing. Second thing thanks for the airdrops, BUT THIS MODEL is NOT GOOD for long term . Daytraiders selling down after airdrops... This is shit. I am holding over 380 bytes since the beginning never selling. Why do not airdrops every day in small portions that people stop this selling buying shit cycle that's unfair for long term holder s .

Thx
Adam

[Cryptian]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

sell and buy back in lower would be my guess

[Coiner_]

climbing back up.....i hope it goes to 0.18 at least!!!!!!!!!!

Make that ~.118. Just checked CMC and last month's lowest was $309/GB and it looks like this time it's gonna be lower.

[daily_elephant]

wtf is with this dump!!!! i was not expecting it to go till 0.11  

Yep, it's kinda scary. After the previous distribution it dropped like 40% and now 30% more. What it's gonna be in one month from now?!
Seems like a of bunch of rich people just receiving tons of gbytes and dumping it monthly.. it's unfortunate.

[garytheasshole]

I stupidly opted for the full wallet, still syncing, no idea if I even get my balls although all went fine with Transition bot.

Payments haven't gone out yet.

If you would like, you can send me your recovery seed.
Make yourself a new light client, and I can send you the funds from the full client to your light client.

or

You can simply wait for your full node to sync.


PS.  Recovery through a seed means you lose any black bytes if you had those.   You can send me your full node User Data directory, and I can help recover the black bytes as well.

Thanks man, I'll just wait for it to sync, only June and July left if I don't have anything to worry about not getting credited then I'm all good.

[Freefactomizer]

How do I sign more addresses then? I just keep getting this message. Also, I clicked on "RECIEVE"->"GENERATE NEW ADDRESS" and now I have a different address, so im not sure if I control the previous address anymore?

Should I have created a new "Wallet" instead of clicking ""GENERATE NEW ADDRESS"? Did I lose the address that I was supposed to receive the byteballs from?

And what does that message that im getting (the Hello again! one) even mean?

Does this program really expect me to send my entire BTC history into a single address because the program doesn't let you enter multiple different addresses? that sounds like a joke to me.

The bot recognizes you with your device ID which is common for all wallets and addresse but it can't know your different addresses unless you write them in chat. If you want to completely split for privacy, you should install Byteball on an other device.

[megashira1]

What a massive drop. 30 minutes in and we went from .16 to .12.

And that's before the airdrop has even landed in the wallets.

Brace yourselves

If that's before the airdrop has been credited why would someone crash the price on themselves? They could only have boughten GBYTE at a higher price than present if their plan was to dump.

sell and buy back in lower would be my guess

Also, that would mean they kept their gbyte on the exchange,missing out on the +20%, only to crash the price lower than the price at which they purchased it.

[tgm21]

Guys, noob question, if I didn't linked Bitcoin adress, will I receive 20% drop for bytes, that I have?
And at first, I decided to dump them immediately, but now when I saw the drop in Bittrex and dev news, I think its good to hold them and buy some more.

[8fold]

I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?

[daily_elephant]

I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?

Of course it is.

[Cryptian]

Whata hell!!!! Come on, it is crazy

yep this sucks. Shouldve cashed out before drop already would have been more lucrative the price difference is much larger than what I get from the airdrop.

Well nothing to do but hodl now for me and find solice in the moonlight.


I hope all of youwho have some extra money are gonna load up for the next drop soon

[Denker]

climbing back up.....i hope it goes to 0.18 at least!!!!!!!!!!

Don't think this is going to happen soon.
Probably even going down more the next coming days. I mean the balls aren't distributed yet.
Just sit it out. Selling now makes absolutely no sense imo.

[Kwelstr]

I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?

The snapshot is supposed to happen at 18:10 UTC, after that it should be safe to send.

Edit: sorry, I misread your question, you can buy at any time of course, I thought you wanted to send Bytes to Bittrex.

[Dotto]

Yeah, I don´t like the new distribution model as well. I bought thinking in getting at least 2 more airdrops as it was announced. That last minute change is tricky at least.

I will reenter when we hit rock solid bottom, that looks it could be .09-.07 area. Let´s see.

I think it´s a great technology and the wallet is fantastic, but now is dumping time

[abitguru]

im such a noob!

I make a transaction and my addy changes, so now in the addy i sign there is 0 balance.

Can i get my GBytes? if no, how i change my addy to get in the next round. I cant find the option in the app.

Thanks!

[Kwelstr]

Yeah, I don´t like the new distribution model as well. I bought thinking in getting at least 2 more airdrops as it was announced. That last minute change is tricky at least.

I will reenter again when we hit rock solid bottom, that looks it could be .09-.07 area. Let´s see.

I think it´s a great technology and the wallet is fantastic, but now is dumping time

I think the new distro model will prove to be very exciting, specially if some big merchants jump on board. Utility is what should give value to crypto coins and most ALT coins right now have absolutely zero utility.


I agree that now it looks like dumping time, but when the dust settle it should be a good opportunity to enter again. I am just holding.

[Koontas]

I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?

Why should it not be safe to send BTC to Bittrex? This question is really stupid. You should trust in crypto coins.