It'll take years before details take the place of hype when people weigh up whether to try a project.
Byteball had a little brush of hype. Now it's gone. If and when it does return there'll be a hell of a lot of cool stuff to justify it.
Said it before but I'll say it again, distribution should've been put to bed aeons ago.
This so far has been an object lesson in how to remove your momentum. Sometimes you can never get it back.
really?
lets see.
virtually all non mined fully distributed altcoins have massive problems because newcomers arent attracted by bear markets.
but they cant disitribute coins to newcomers easily because there is no distribution pool. its finished. gone. forever. not coming back. ever
newcomers dont want to buy in bear markets
byteball distributed coins to nearly 56,000 and rising Steem usernames since July 12. all least 50% of all funds locked by 1 year contract. the % of locked funds will be higher in the future as people have shown this is not a deterent
the nano distribution facuet on their website was a disaster in terms of getting coins into as many hands as possible. look at them now. what can they do? they cant grow users because mass market dont want to buy. they have resorted to making shit up about how they are saving lives in Venezuela by nano donations. Guess what? If you are in danger of dying of hunger USD is a lot more useful than crypto. USD holds its price over the short and medium term and crypto is crazy volatile.
undistributed coins are clearly MASSIVE advantage byteball has
byteball has an opportunity to hugely grow the userbase in this bear market that other cryptos do not have, because people have to buy en masse which they do not want to do
I am glad Tony has the sense not to listen to people saying otherwise
