Obyte: Totally new consensus algorithm + private untraceable payments

[Wendigo]

With the lack of marketing and resisting FUD from and association with the childish "iota", the price may go back to $10.

I for one am tired of being only 1 or 2 people calling out the FUD in this thread and reddit.

Look at all the shitcoins, blockchain clones, talked about everywhere and none of you guys mention Byteball. Why?

Can not have adoption or good distribution by being silent.

Because Byteball and DAG are 'niche' that's why.

[1714952583]

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[1714952583]

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[1714952583]

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[Michail1]

I for one am tired of being only 1 or 2 people calling out the FUD in this thread and reddit.

Look at all the shitcoins, blockchain clones, talked about everywhere and none of you guys mention Byteball. Why?

Can not have adoption or good distribution by being silent.

Ahhhh, but you're not the only two.   Many other places

I'm on slack, irc, and discord.   AND, I've never dumped any byteball.
Also, I spend a lot of time helping people with their byteball wallets and understanding.

It's hard for people not to FUD, cause they only see one alt.  They don't actually see that nearly all alts are going down as it's being sold to buy Bitcoin with the pumps.

[amacar1]

Yes alts are going down, but still I was buying at 0.33btc, at 0.22, at 0.18... so I am tired of buying at high prices. Basically in btc rate byteball lose 90% of value (0.4btc -> 0.033btc now), so it would be just better to hold btc. I do still believe in byteball and it would be stupid to sell now. I must take these losses 

[Seeder]

What can we do to return the price like last july?

The same question over and over again requires the same answer: By making this coin practical.
- Decentralized exchange of €uro/USD <> Bytes/Blackbytes directly from the Byteballwallet
- Rebranding (Byteball, Bytes, Blackbytes... no no no)
- Possibility to pay for goods and services directly with the Byteball Coin variants on a decentralized marketplace such as "Open Bazaar".

[NrX]

Once the altcoins will be upwards then surely Byteballs will see appreciation too. Many people are experienced and know better including team what steps can be taken to lift the byteball project up again. May be reactivating of old distribution pattern will bring some positive results again.

[rty]

Vacancy from Byteball.org:
Javascript/Node.js full-stack developer for crypto currency in Moscow. Salary 13 Gbyte ( or RUB, or BTC)

key skills:
Node.js, JavaScript, Git, HTML5, SQL, CSS3, Bootstrap, Ajax and MySQL

hh.ru/employer/1293785

[byteball3r]

Great find! Dev is looking to hire others to help develop project. Can you confirm this is your listing tonych?

[SaintFlow]

Because Byteball and DAG are 'niche' that's why.

Oh hi - its you again. Whats your protection in the niche when the Byteball community starts to get organized and raises awareness for the existence of DAGs vs Blockchains like privat shuttles vs public busses?

And the difference between a POW make the CPU glow DAG and a defense fee click'n'send DAG?

[jwinterm]

Vacancy from Byteball.org:
Javascript/Node.js full-stack developer for crypto currency in Moscow. Salary 13 Gbyte ( or RUB, or BTC)

key skills:
Node.js, JavaScript, Git, HTML5, SQL, CSS3, Bootstrap, Ajax and MySQL

hh.ru/employer/1293785

Is that salary per month? $2k per month for crypto developer seems kinda low, even for Russia, no? I mean, Moscow can't be that cheap right?

[lijoe408]

Yes alts are going down, but still I was buying at 0.33btc, at 0.22, at 0.18... so I am tired of buying at high prices. Basically in btc rate byteball lose 90% of value (0.4btc -> 0.033btc now), so it would be just better to hold btc. I do still believe in byteball and it would be stupid to sell now. I must take these losses 

Same here. Bought in .29-.35 initally. i kick myself sometimes when I think about all the btc wasted in some projects.  I've learned that no matter how good the tech is etc, it doesn't matter if the marketing & exposure don't align with it.  I'll hold my GB for now and just the price recovers.

[jjacob]

Yes alts are going down, but still I was buying at 0.33btc, at 0.22, at 0.18... so I am tired of buying at high prices. Basically in btc rate byteball lose 90% of value (0.4btc -> 0.033btc now), so it would be just better to hold btc. I do still believe in byteball and it would be stupid to sell now. I must take these losses 

You now have no choice but to hold for a reasonable amount of time. You can try buying a little more byteball to average out the price. It does have the potential to bounce back, but you will have to be patient.

[MurrayRothbard77]

Really great news to see Tony adding some more devs to the team. The man is a genius but even someone as brilliant as him still needs some help! Byteball will be unstoppable in the coming months and people will be sad and cursing that they didn't buy at 30 mBTC

[Zerogreens]

I never thought this coin will see these price levels. It's depressing really.

[evok3d]

I was speaking about byteball at a meetup tonight and i was told that it is inspired by iota. I can see iota is referenced in the whitepaper. So i am assuming the statement was correct. What makes it different. Im sorry if this has been asked before. perhaps you can point me in the right direction to learn more.

While I have outed myself as a massive FANBOY of Byteball I want some basic information availabe to everyone. I would point out that your meetup is a good representation at the current level
of awareness.

There may at some point arrive hard pissing matches who was the first.
https://en.wikipedia.org/wiki/Directed_acyclic_graph
The concept is as you can see ... older.
It is hard to say who started development first.
Iota was the first to announce their project.
Byteball was first to arrive on marketplace.

Here you can look at some of the early mostly impartial or partially partisan writeups which are only somewhat outdated:

mostly impartial but be aware that tangleblog has a "buy Iota" written on its front page.
http://www.tangleblog.com/2017/01/03/byteball-vs-iota-token/  
with related discussion
https://bitcointalk.org/index.php?topic=1888773.0

byteball partisan
https://steemit.com/cryptocurrency/@jimmco/byteball-vs-iota-battle-of-two-dag-cryptocurrencies

Here is another discussion the Iota reddit had on the topic of comparision
https://www.reddit.com/r/Iota/comments/6l06su/iota_vs_byteball/
you can use it to contrast the previous two articles.
Takehome messages here is for example that "Byteball 1% premine" vs. "IOTA 5% Devfund" are again partisan statements.

Portabella (one of the byteball witenesses) wrote the following summary:
https://byteroll.com/comparison-iota

If i can add my 2 cents to the current situation:
Both are independent projects. So comparisions are a bit ... funky.

Iota is a full funded ICO "foundation driven" investment vehicle with a 'mostly' clear cut specific (read: limited) usecase in mind.
It has made a lot of people alot of money and expect that any attack on it is an attack on them. Most of the links I have
given you are from Iota related webpages. They discuss the issue alot more than the Byteball community.

Byteball is a community driven ambitious young fresh take on what a Cryptographic Project can be and is currently
bootstrapping itself into existance. It has a long way ahead of itself and the projects I have seen myself convinced me
to take a strong stand in it. Future is already here, it is being distributed as we speak and more independent development is
in several chaotic pipelines. We can see what sticks. And we can get it done without running after any ICO maddness.

I cant express enough how much i appreciate your thorough explanation. Thank you very much.

I guess the issue i have now that i see the reality is that yes i agree, i love that this project is community driven and not ICO driven. Because ICO driven fanboys usually blindly follow the money. In short, his comment also suggested that iota first came up with "DAG" which given the thread i was shown, it seems is a false statement to accredit iota.

Cheers for your direction and guidance and yes it seems that IOTA are the ones more concerned about the comparison. He seemed really eager to stop my talk and suggest his ideas on IOTA being the inspiration to Byteball.

Oh well, now i know.

[ByteFan]

[reminder]

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[Freefactomizer]

There is a lot of soccer tonight, don't forget to bet for your favorite team with the betting bot available in the bot store !

[pwpwpw]

Yes alts are going down, but still I was buying at 0.33btc, at 0.22, at 0.18... so I am tired of buying at high prices. Basically in btc rate byteball lose 90% of value (0.4btc -> 0.033btc now), so it would be just better to hold btc. I do still believe in byteball and it would be stupid to sell now. I must take these losses 

You now have no choice but to hold for a reasonable amount of time. You can try buying a little more byteball to average out the price. It does have the potential to bounce back, but you will have to be patient.

You now have no choice but to buy, if you buy double the amount (calculated in btc) you bought at 10x levels, you basically can get even at 0.045 (so 50% from now). Let's say you bought 1BTC at 0.35 so that's 2.85GB now you buy with 2BTC 62.5GB, if price goes only to 0.047 then you'll have 2.93BTC and you have 0.133 from your original buy, that's 3.06BTC so 0.06BTC in profit and you don't to go anywhere near ATH, you only need to go to 0.047 which is practically nothing, it's 60BTC of sell orders, can be eaten in a second if people start buying. Realistically this can't really go any lower.

[Karartma1]

There is a lot of soccer tonight, don't forget to bet for your favorite team with the betting bot available in the bot store !
snip

Yes, I might give it a try! I would love to bet using blackbytes actually but I do not think that is possible unless I do a conditional payment with another peer, not with a bot. In any case, tonight I’ll try a small bet and see how it goes. Thanks for reminding that!

[Freefactomizer]

There is a lot of soccer tonight, don't forget to bet for your favorite team with the betting bot available in the bot store !
snip

Yes, I might give it a try! I would love to bet using blackbytes actually but I do not think that is possible unless I do a conditional payment with another peer, not with a bot. In any case, tonight I’ll try a small bet and see how it goes. Thanks for reminding that!

Since they are private, a payment in blackbytes can't be a condition in a smart-contract. Only an hybrid bet would be possible, you pay in bytes and you receive extra-blackbytes if you win.

[byteball3r]

We're getting some major liquidity on buy side and sell side in the blackbyte market, buy/sell 1000s of GBB can move price <20%, midpoint is .0325 GB/GBB. come dump your blackbyte bags or load up today @ freebe.byte-ball.com