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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233954 times)
s1lverbox
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August 08, 2017, 02:08:08 AM
 #12261

any volume is being bought.  Smiley didn't anticipate that

My advice is to buy it all at the price below 0.11. You will never see Byteball that cheap. Next airdrops bring 10 times less GB per BTC. And GB per GB are only 2 times less. And if Tonych indeed has some plans about integrating Byteball into shops, we can go to the moon.

I am a bit confused by the OP description of the changes coming to distribution moving forward. Can you explain them? Thanks.

Before changes:

for each BTC linked you get 0.0625 Gbyte
For each 1 Gbyte in wallet you get 0.2Gbyte

After changes:

1btc linked you get 0.00625Gbyte
1Gbyte in wallet you will get 0.1gbyte

hoep thats clears the things for you.

So in other words holders of Gbytes, businesses which will work with gbyte will gain ad btc holders wont.
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August 08, 2017, 02:09:47 AM
 #12262

any volume is being bought.  Smiley didn't anticipate that

My advice is to buy it all at the price below 0.11. You will never see Byteball that cheap. Next airdrops bring 10 times less GB per BTC. And GB per GB are only 2 times less. And if Tonych indeed has some plans about integrating Byteball into shops, we can go to the moon.

I am a bit confused by the OP description of the changes coming to distribution moving forward. Can you explain them? Thanks.

Before changes:

for each BTC linked you get 0.0625 Gbyte
For each 1 Gbyte in wallet you get 0.2Gbyte

After changes:

1btc linked you get 0.00625Gbyte
1Gbyte in wallet you will get 0.1gbyte

hoep thats clears the things for you.

So in other words holders of Gbytes, businesses which will work with gbyte will gain ad btc holders wont.

It does, thanks. Is that a permanent change?

What % of total GBYTE has now been distributed?
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August 08, 2017, 02:15:26 AM
 #12263

any volume is being bought.  Smiley didn't anticipate that

My advice is to buy it all at the price below 0.11. You will never see Byteball that cheap. Next airdrops bring 10 times less GB per BTC. And GB per GB are only 2 times less. And if Tonych indeed has some plans about integrating Byteball into shops, we can go to the moon.

I am a bit confused by the OP description of the changes coming to distribution moving forward. Can you explain them? Thanks.

Before changes:

for each BTC linked you get 0.0625 Gbyte
For each 1 Gbyte in wallet you get 0.2Gbyte

After changes:

1btc linked you get 0.00625Gbyte
1Gbyte in wallet you will get 0.1gbyte

hoep thats clears the things for you.

So in other words holders of Gbytes, businesses which will work with gbyte will gain ad btc holders wont.

It does, thanks. Is that a permanent change?

What % of total GBYTE has now been distributed?

in circulation is over 50%
what was distributed, u need to calculate yourself. last drop was 365000 in circulation.
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August 08, 2017, 03:26:35 AM
 #12264

So did the blackbytes come?

I only can see GB?

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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August 08, 2017, 03:28:15 AM
 #12265

Hi,

I'm total new to Byteball, i'm planning to withdrawn Gbyte to my wallet now, did i miss the distribution?

Thanks!
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August 08, 2017, 03:33:14 AM
 #12266

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.

so no warning....before they did that.....

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
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August 08, 2017, 03:39:53 AM
 #12267

any volume is being bought.  Smiley didn't anticipate that

My advice is to buy it all at the price below 0.11. You will never see Byteball that cheap. Next airdrops bring 10 times less GB per BTC. And GB per GB are only 2 times less. And if Tonych indeed has some plans about integrating Byteball into shops, we can go to the moon.

I am a bit confused by the OP description of the changes coming to distribution moving forward. Can you explain them? Thanks.

Before changes:

for each BTC linked you get 0.0625 Gbyte
For each 1 Gbyte in wallet you get 0.2Gbyte

After changes:

1btc linked you get 0.00625Gbyte
1Gbyte in wallet you will get 0.1gbyte

hoep thats clears the things for you.

So in other words holders of Gbytes, businesses which will work with gbyte will gain ad btc holders wont.

So this means many many more rounds.  Has anyone done the calculations on how many more rounds? Maybe Tony should make the airdrop random going forward.  That way people can stop playing this pump and dump game to accrue more bytes.  I think this would greatly help stabilize the price.  The current price swings may deter new users who want a more stable investment

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August 08, 2017, 03:45:19 AM
 #12268

So did the blackbytes come?

I only can see GB?


i havent gotten my blackbytes either. it is usually a few days after the byteballs are done being distributed.

my question about blackbytes is whether i can move my byteballs now and still get rewarded with blackbytes or should i wait for the blackbytes to arrive? thanks in advance

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LuckinG
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August 08, 2017, 04:32:02 AM
 #12269

Hello, guys!

Yeasterday i withdrawal GByte to my Byteball wallet, but i still didnt see and cannot use it on wallet.
When i try see my transaction on https://explorer.byteball.org/ i can see money on account but with description - not for spent.

Why i cannot spent it and why cannot see Gbytes on my wallet?
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August 08, 2017, 04:52:43 AM
 #12270

GBYTE team, must start marketing it already, presenting it to merchants and companies that can be partbered with them for more use in real world. In this case, demand will always be there, and will keep people from dumpong so hard, and about the distribution, that is a good way so that people wilk juat hold what they have and not dump.
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August 08, 2017, 05:10:55 AM
 #12271

Thanks Tonych for the airdrop Smiley I'm sorry to see the price drop, but I love your new distribution schedule. I've said it before and I'll say it again: you have a unique cryptocoin with a unique distribution model. So far, you've done a very good job, and I trust your judgement on how to make Byteball bigger and better. Thanks!

I got airdrop on Bittrex!
I didn't even have a balance left, but my depo addy still had balance. I think this proves Bittrex didn't try to claim airdrops on their own. It's just a small amount, but a nice surprise anyway.

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.
Mine:
Quote
ACCOUNT TYPE LEGACY
DAILY WITHDRAWAL LIMIT 1337 BTC
To increase your limit on a Basic or Enhanced account, enable Two-Factor authentication here
1337 BTC? That used to be 1 BTC.

When I click the "?":
Quote
We support two types of accounts.  

Basic accounts can withdrawal up to 3 BTC worth of digital currency equivalent per day if they have two-factor enabled.
Enhanced accounts can withdrawal up to 100 BTC per day if they have two-factor enabled.
"Legacy" is not in their list of account types.

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machasm
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August 08, 2017, 05:41:56 AM
 #12272

Thanks Tonych for the airdrop Smiley I'm sorry to see the price drop, but I love your new distribution schedule. I've said it before and I'll say it again: you have a unique cryptocoin with a unique distribution model. So far, you've done a very good job, and I trust your judgement on how to make Byteball bigger and better. Thanks!

I got airdrop on Bittrex!
I didn't even have a balance left, but my depo addy still had balance. I think this proves Bittrex didn't try to claim airdrops on their own. It's just a small amount, but a nice surprise anyway.

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.
Mine:
Quote
ACCOUNT TYPE LEGACY
DAILY WITHDRAWAL LIMIT 1337 BTC
To increase your limit on a Basic or Enhanced account, enable Two-Factor authentication here
1337 BTC? That used to be 1 BTC.

When I click the "?":
Quote
We support two types of accounts.  

Basic accounts can withdrawal up to 3 BTC worth of digital currency equivalent per day if they have two-factor enabled.
Enhanced accounts can withdrawal up to 100 BTC per day if they have two-factor enabled.
"Legacy" is not in their list of account types.

I have a Legacy account there too. So for those of us who have been account holders on Bittrex for around 4 years or so can withdraw a large sum. I also have a withdrawal limit of 1337 BTC! Just wish I had that much to withdraw.

Carolina
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August 08, 2017, 05:53:44 AM
 #12273

wait so bittrex gave out GBYTE to all btc holders? that sucks
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August 08, 2017, 06:05:07 AM
 #12274

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.

It's time to switch to https://cryptox.pl
No limit, very low fees and nice GUI.
When trading bots are active, prices are similar to Bittrex.

🏀 - ⚾ - ⚽ - ❄ - 🏈 -  Obyte Sport Betting Bot - 🏀 - ⚾ - ⚽ - ❄ - 🏈
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August 08, 2017, 06:26:17 AM
 #12275

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.

It's time to switch to https://cryptox.pl
No limit, very low fees and nice GUI.
When trading bots are active, prices are similar to Bittrex.

I'll give it a try next time I have something to trade. It doesn't help for the ~4 BTC I have stuck on there right now though, 4 withdrawals has tuned into 160 withdrawals without sending them some identifying information. It just seems rude not to give clear advanced warning, I may have even verified if they had given a reasonable argument as to how they will be responsible with the information (last time I verified on an exchange my identifying information was leaked publicly and I am just having none of that now).
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August 08, 2017, 06:31:00 AM
 #12276

Be careful with bittrex if you are an unverified user. They just dropped their withdrawal limit from 1BTC to 0.025 BTC without warning.

It's time to switch to https://cryptox.pl
No limit, very low fees and nice GUI.
When trading bots are active, prices are similar to Bittrex.

Yes I think I will also return to cryptox.pl after the customer support experience I just had in bittrex.

BITTREX SUCK, don't use it. They have moronic withdrawal limits and they stubbornly demand 2FA that requires you to install additional software. Their IT guy clearly is delusional and does not have an idea how to achieve information security without compromising customer experience. They require you to have a smartphone and they go absolutely draconian on any customer who refuses to buy a smartphone or use Google's products. Bittrex is done, DEAD. Was fun when it lasted but now they have messed up. Time to move on to exchanges that don't treat their customers like shit.

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August 08, 2017, 06:53:24 AM
Last edit: August 08, 2017, 07:07:24 AM by Intellium
 #12277

I`ve jut got 1,130,542,256 bytes - does it mean I have 1.13 GBYTE that`s shown at coinmarket cap
https://coinmarketcap.com/currencies/byteball/#markets ?
If so, I can sell it via a chat bot or bittrex, correct?

I suppose to get giga-blackbytes (GBB) but my wallet shows "0"
Why?

If someone could informatively explain about bytes (I`ve just received 1.13 GB) and blackbytes in my wallet which I didn`t
that would be much appreciated!!!

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August 08, 2017, 06:58:11 AM
Last edit: August 08, 2017, 08:18:44 AM by kola-schaar
 #12278

The new distribution key and its effect (I am satisfied with it. It is useful to slowly reduce unhealthy incentives).

Compared to the old model:
https://bitcointalk.org/index.php?topic=1608859.msg20635124#msg20635124
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August 08, 2017, 07:03:08 AM
 #12279

wait so bittrex gave out GBYTE to all btc holders? that sucks
no man, thats perfect. it makes distribution better
it would only create a new whale if bittrex kept all bytes
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August 08, 2017, 07:33:32 AM
 #12280

I got my balls  Grin

Take your Bitcoin and Altcoin trading strategy to another level with Trade Santa! - https://tradesanta.com/en/site/set-referral-cookie?referral_id=111843
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