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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1195187 times)
dishku
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August 07, 2017, 07:19:36 PM
 #12221

Is there any update when snapshot will be taken it's too late. I think distribution will take much longer even still no snapshot of blockchain and some people posting into thread it has been done. Any official account there who can confirm this?

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rigel
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August 07, 2017, 07:20:22 PM
 #12222

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

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August 07, 2017, 07:21:05 PM
 #12223

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.

Valid points - if I follow your reasoning, the drop is entirely driven by already credited airdrop volumes. I keep looking at my wallet and there is no airdrop credit - has anyone in this thread received theirs?
jukKas
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August 07, 2017, 07:24:19 PM
 #12224

Yes, best time in the month, Byteball drop! Anxiously waiting to get my precious bytes.

The current price indicates very good buying time also Smiley

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August 07, 2017, 07:28:35 PM
 #12225

 I also think distribution will take longer... Huh also would like to see the confirmation
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August 07, 2017, 07:28:43 PM
 #12226

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.

Valid points - if I follow your reasoning, the drop is entirely driven by already credited airdrop volumes. I keep looking at my wallet and there is no airdrop credit - has anyone in this thread received theirs?

Right, and if you planned to get out of GBYTE because you thought the price was going to tank following the airdrop, the play was to let people buy into YOU pre-airdrop. Not crash the price expecting the price to crash further.

All in all seems like an amateur move or an over reaction to the sudden announcement made by tonych which is actually BULLish news.

8fold
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August 07, 2017, 07:32:33 PM
 #12227

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?

Bitrated user: 8fold.
AdamW_^_^
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August 07, 2017, 07:33:17 PM
 #12228

This model does not fix value of byteball only easy quick 💰 money for daytraiders. This model will not do byteball succeed in value

Weekly snap would do a good job on stability of value and daily even better...

Sad that people only sell off and care a shit about technology... I don't feel amused and safe about that.

it would be really hard for people to stay on top of linking if it was daily or weekly. coins move around all the time.

Ok that's not even a real problem. Other coins have weekly based drops. And their value is constantly rising. Good luck!
Michail1
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August 07, 2017, 07:34:01 PM
 #12229


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

No problem.  You're good.

Only 2 months out of 9 isn't bad.  Worth waiting.  And, keep your full node up.  It's slow.
Bitgenius777
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August 07, 2017, 07:34:36 PM
 #12230


You guys waste your time on a few pennies gain??
Michail1
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August 07, 2017, 07:35:07 PM
 #12231

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?

Yes.

Block 479537 was it  (UNLESS there is a reorg.  Enough blocks have happened though to prevent even this issue as well).
Michail1
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August 07, 2017, 07:35:41 PM
 #12232


You guys waste your time on a few pennies gain??

Yes, a few million pennies made it worth it.
8fold
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August 07, 2017, 07:35:51 PM
 #12233

Thank you!

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AdamW_^_^
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August 07, 2017, 07:40:33 PM
 #12234

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?

Yes.

Block 479537 was it  (UNLESS there is a reorg.  Enough blocks have happened though to prevent even this issue as well).


Wow great! Now noobs are sure they can sell off . OMG
Coiner_
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August 07, 2017, 07:44:59 PM
 #12235

This model does not fix value of byteball only easy quick 💰 money for daytraiders. This model will not do byteball succeed in value

Weekly snap would do a good job on stability of value and daily even better...

Sad that people only sell off and care a shit about technology... I don't feel amused and safe about that.

it would be really hard for people to stay on top of linking if it was daily or weekly. coins move around all the time.

Ok that's not even a real problem. Other coins have weekly based drops. And their value is constantly rising. Good luck!

Like ____________ and ____________ ? Go ahead.


You guys waste your time on a few pennies gain??

Did you get lost?
8fold
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August 07, 2017, 07:45:51 PM
 #12236

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?

Yes.

Block 479537 was it  (UNLESS there is a reorg.  Enough blocks have happened though to prevent even this issue as well).


Wow great! Now noobs are sure they can sell off . OMG

Sell off what? The distribution has not happened yet. Smiley

Bitrated user: 8fold.
Michail1
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August 07, 2017, 07:47:49 PM
 #12237

The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?

Yes.

Block 479537 was it  (UNLESS there is a reorg.  Enough blocks have happened though to prevent even this issue as well).


Wow great! Now noobs are sure they can sell off . OMG

Sell off what? The distribution has not happened yet. Smiley

He means they can sell off the bytes they received from the prior distro (or bytes purchased simply to get the 20%) and still get the bonus.
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August 07, 2017, 07:48:47 PM
 #12238

Right, and if you planned to get out of GBYTE because you thought the price was going to tank following the airdrop, the play was to let people buy into YOU pre-airdrop. Not crash the price expecting the price to crash further.

All in all seems like an amateur move or an over reaction to the sudden announcement made by tonych which is actually BULLish news.

That many amateurs? I'd rather go with the sell and buy back theory than believing everyone's stupid. But I guess we'll never know
Michail1
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August 07, 2017, 07:50:21 PM
 #12239

Is there any update when snapshot will be taken it's too late. I think distribution will take much longer even still no snapshot of blockchain and some people posting into thread it has been done. Any official account there who can confirm this?

Is was taken over an hour ago.

Bitcoin block 479537
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August 07, 2017, 07:54:20 PM
 #12240

Right, and if you planned to get out of GBYTE because you thought the price was going to tank following the airdrop, the play was to let people buy into YOU pre-airdrop. Not crash the price expecting the price to crash further.

All in all seems like an amateur move or an over reaction to the sudden announcement made by tonych which is actually BULLish news.

That many amateurs? I'd rather go with the sell and buy back theory than believing everyone's stupid. But I guess we'll never know

Agreed.

If I tell you it drops every airdrop and comes back prior to the next airdrop, the first step you make should be to check if that's actually what has happened (for 7 airdrops so far).  The next step would be to decide if you wanted to make a play on it.

Selling just prior (couple days) to the airdrop and buying back just after it (couple of days) would have made you a lot.  Yes, every one of the last 7 airdrops.   I see no difference in number 8.
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