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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1233954 times)
ByteFan
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August 10, 2017, 11:11:44 AM
 #12441



What's the purpose to use your service?
There is no added value that would justify the 1000 Bytes + 0.9% fee.
Enable web merchants to get paid in Bytes for goods or services they sell on the internet.
Market will decide.

Does it secure 10% cashback in line with tonych's view on the way of Byteball  moving  towards merchants?

Not yet implemented but it will (20% cashback for payment in bytes).

We are waiting for the technical specs' from Tonych.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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August 10, 2017, 11:53:22 AM
 #12442

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

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August 10, 2017, 12:40:43 PM
 #12443

I can't communicate with the chat bot on my every message he responds with "Address linking is paused during distribution. Check again in a few days." When all will be restored?

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August 10, 2017, 12:56:57 PM
 #12444

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

i do think so,whoever want to dump would dump for this is how people who missed has the chance to get in
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August 10, 2017, 03:06:25 PM
 #12445

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

2. btc holders airdrop has been reduced to 10% of what that used to be.

3. expect the next dump to be around 4-5% max

4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.
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August 10, 2017, 03:44:58 PM
 #12446

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

2. btc holders airdrop has been reduced to 10% of what that used to be.

3. expect the next dump to be around 4-5% max

4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.

Indeed!
simple math:

16 Bitcoin linked you will get 0.1 Gbyte
1 Gbyte you hold will get  0.1Gbyte as well

now look at the price currently on Bittrex then make the decision yourself guys
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August 10, 2017, 04:38:02 PM
 #12447

Announcing BEEB - Blackbytes Escrow Exchange Bot.

Instant buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)


AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000

Support: https://byteball.slack.com/ #beeb channel


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August 10, 2017, 05:03:46 PM
 #12448

good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol

Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't

dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

2. btc holders airdrop has been reduced to 10% of what that used to be.

3. expect the next dump to be around 4-5% max

4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.

Indeed!
simple math:

16 Bitcoin linked you will get 0.1 Gbyte
1 Gbyte you hold will get  0.1Gbyte as well

now look at the price currently on Bittrex then make the decision yourself guys

That will give people more incentive to buy the Gbyte so the price could rise in the future.
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August 10, 2017, 05:22:10 PM
 #12449

I think the price GB to the end of the year will reach$ 1000 It is simple.

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August 10, 2017, 06:41:08 PM
 #12450

Announcing BEEB - Blackbytes Escrow Exchange Bot.

Instant buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)


AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000

Support: https://byteball.slack.com/ #beeb channel



How can I add this? It does not appear in Bot Store

sheld0n
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August 10, 2017, 06:41:31 PM
 #12451

What brings you to this assumption? At the moment the price is declining. I do not know if it is because of the change of the distribution rules or it is just the normal downtrend after a distribution, before it starts to rise again before the next distribution round.

I think the developer Tony has some secrets in the box which will be released in the near future and which will boost the price. Especially a use case for the black bytes is awaited.

I think the price GB to the end of the year will reach$ 1000 It is simple.
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August 10, 2017, 06:51:19 PM
 #12452

It's kinda sad to see this great project getting dumped to hell
are there a lot of big linked addresses dumping or is it mostly small impatient users selling their GBYTE.
I'm definitely holding on to my coins, it's a solid coin should have a bright future after all airdrops happened and a few months
passed.

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August 10, 2017, 06:56:31 PM
 #12453

This is funny how people complain about the dump. We get these tokens for free, why people get surprised if somebody do not mind to dump these free tokens for dirt cheap? Of course BTC whales are going to dump, and this is how bytes are being re-distributed to those who really care about this project.

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August 10, 2017, 07:17:09 PM
 #12454


dumping will reduce drastically with the new rules

1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss

I don't agree. The major dump happens always just close before the airdrop, and only minor after. Why should that change with the new rules? If you hold them till airdrop, you get a "reward" of 10%. If you sell them before, you avoid the loss. After the dump you can buy them back much cheaper, so you won more than holding.
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August 10, 2017, 07:19:21 PM
 #12455

Is the blackbytes distribution still going on or is it already over? I'm asking since I didn't get GBBs yet even though my address is properly linked. In the past airdrops it was taking less time..
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August 10, 2017, 07:31:40 PM
 #12456

Announcing BEEB - Blackbytes Escrow Exchange Bot.

Instant buy and sell batches of Blackbytes 24h/24h, 7 days a week.
(you don't need to find a peer anymore: the bot is the peer!)


AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000

Support: https://byteball.slack.com/ #beeb channel



How can I add this? It does not appear in Bot Store

+ Add a new device - AxV6ohKFORqIGfGqCZgjK1HlL8vBiNltcWWaI0Rc9yN+@byteball.fr/bb#0000 -on the Chat tab



simster
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August 10, 2017, 07:32:45 PM
 #12457

This is funny how people complain about the dump. We get these tokens for free, why people get surprised if somebody do not mind to dump these free tokens...

I actually bought some.

I think I read it somewhere here, but can't remember. The big dumpers may be the exchanges with all their BTC they hold in trust. They don't care about projects, and they don't need to buy them back after the dump. Thats probably why the price doesn't rise as fast as it fell.
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August 10, 2017, 07:41:54 PM
 #12458

Is the blackbytes distribution still going on or is it already over? I'm asking since I didn't get GBBs yet even though my address is properly linked. In the past airdrops it was taking less time..
Tonych will announce when it's completed.
FYI: I have received 0.0003 GBB in one of my test-wallets, the wallet that should get 0.0002 GBB didn't receive it yet. Blackbytes are distributed from big to small amounts.

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August 10, 2017, 11:05:53 PM
 #12459

I just bought another 20BB. anybody now buying will regret it. this is a fine coin

Bitrated user: kentokyo.
CryptoRobert
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August 10, 2017, 11:06:09 PM
 #12460

Is the blackbytes distribution still going on or is it already over? I'm asking since I didn't get GBBs yet even though my address is properly linked. In the past airdrops it was taking less time..
Tonych will announce when it's completed.
FYI: I have received 0.0003 GBB in one of my test-wallets, the wallet that should get 0.0002 GBB didn't receive it yet. Blackbytes are distributed from big to small amounts.

I knew about the from big to small amounts procedure. That's exactly what has worried me, since a friend of mine who had to get a little amount has got it already a few days ago and I'm still waiting for a much bigger amount...
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