rytyr
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January 10, 2017, 07:19:53 PM |
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Got my first 1 GByte today. I bought for 0.022 BTC. I think price will drop after next distribution round but after all GByte were distributed, price will surge. Byteball is pretty stable compared to many other projects at this stage and it is very stable. That makes me believe it is a good investment.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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blackhawk101
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January 11, 2017, 01:57:17 AM |
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BYTEBALL GOOD.
HODL'N MY BALLS
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specturul
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January 11, 2017, 05:08:28 PM |
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BYTEBALL GOOD.
HODL'N MY BALLS
Yes, it is necessary to keep bytes, they likely will be 1 million. Technology is not worse than the Waves, and it's all done by one person without special funding.
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IsaacBitcoiner
Jr. Member
Offline
Activity: 59
Merit: 10
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January 13, 2017, 05:06:15 PM |
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BYTEBALL GOOD.
HODL'N MY BALLS
Yes, it is necessary to keep bytes, they likely will be 1 million. Technology is not worse than the Waves, and it's all done by one person without special funding. Considering that the crypto is listed in only one exchange, the results achieved so far demonstrate that there is real demand in the market, there are people interested in the technology. A little more promotion could make things much better, but I believe that when large exchanges start listing the cryptocurrency, Byteball will be presented to a much larger number of people, among them great investors, of course.
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Byteball.org ❱❱❱ IT JUST WORKS. ❱❱❱ Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC
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dadingsda
Legendary
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Activity: 1310
Merit: 1000
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January 13, 2017, 10:51:29 PM |
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BYTEBALL GOOD.
HODL'N MY BALLS
Yes, it is necessary to keep bytes, they likely will be 1 million. Technology is not worse than the Waves, and it's all done by one person without special funding. Never trust a coin with just 1 dev
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INVALID BBCODE: close of unopened tag in table (1)
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tyz (OP)
Legendary
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Activity: 3346
Merit: 1530
Top Crypto Casino
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January 14, 2017, 01:49:18 PM |
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On the basis of experience this may be true. However, the Dev has delivered extremely good work to date and there was no ICO. He distributed all byte balls free of charge. The trading is only through the free distributed coins. BYTEBALL GOOD.
HODL'N MY BALLS
Yes, it is necessary to keep bytes, they likely will be 1 million. Technology is not worse than the Waves, and it's all done by one person without special funding. Never trust a coin with just 1 dev
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tyz (OP)
Legendary
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Activity: 3346
Merit: 1530
Top Crypto Casino
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January 20, 2017, 07:47:17 PM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
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schnib
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January 22, 2017, 07:20:45 PM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000
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kaicrypzen
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January 22, 2017, 07:53:35 PM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000 I don't quite understand that point. I mean the total supply of bytes (once everything's distributed) is one million GB, so whatever the price of GB at the moment is, you can multiply it by one million to get a projected market cap as tyz said.
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schnib
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January 22, 2017, 08:18:27 PM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000 I don't quite understand that point. I mean the total supply of bytes (once everything's distributed) is one million GB, so whatever the price of GB at the moment is, you can multiply it by one million to get a projected market cap as tyz said. Yeah but the GB price at the moment is not 100% correct. Since 1 GB now equals for example 1,1GB after the second snapshot. This is the reason why people pay a "premium".
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| █ █ | | █ █ | | ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████ ████
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speaktome
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January 23, 2017, 12:10:29 AM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000 I don't quite understand that point. I mean the total supply of bytes (once everything's distributed) is one million GB, so whatever the price of GB at the moment is, you can multiply it by one million to get a projected market cap as tyz said. This project looks interesting since start, and looks very solid and will surely reach the top very soon, its design reminds me IOTA, that has aroused much interest even though it is not on the market yet.
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Sirius receive address:SQusssg3DRrKrEHW26c2skEDYCG7vrj11z
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kaicrypzen
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January 23, 2017, 09:23:02 AM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000 I don't quite understand that point. I mean the total supply of bytes (once everything's distributed) is one million GB, so whatever the price of GB at the moment is, you can multiply it by one million to get a projected market cap as tyz said. Yeah but the GB price at the moment is not 100% correct. Since 1 GB now equals for example 1,1GB after the second snapshot. This is the reason why people pay a "premium". Okay I see what you mean. Actually the price will never be 100% correct because bytes you own will always get you more bytes throughout the distribution so we might never be able to calculated a projected market cap. Since it's a projected market cap it will never be accurate, still it gives a fair idea about what the market cap could be at that moment.
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coinling
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January 23, 2017, 02:22:53 PM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000 I don't quite understand that point. I mean the total supply of bytes (once everything's distributed) is one million GB, so whatever the price of GB at the moment is, you can multiply it by one million to get a projected market cap as tyz said. Yeah but the GB price at the moment is not 100% correct. Since 1 GB now equals for example 1,1GB after the second snapshot. This is the reason why people pay a "premium". Okay I see what you mean. Actually the price will never be 100% correct because bytes you own will always get you more bytes throughout the distribution so we might never be able to calculated a projected market cap. Since it's a projected market cap it will never be accurate, still it gives a fair idea about what the market cap could be at that moment. Sure. But i think price is that high because they changed the distribution model : Now the distribution will take place much slower. So basically it would be like you say Zcash has 1 billion market capitalisation, because this will be price*total supply. And so far it looks like Byteball holders get 10% of next snapshot, which will probably be something like this in future rounds as well. So at least you could say 1 Byte, which you buy now equals 1,5 Byte , when the total supply is reached. So therefore i think the price you pay right now for 1 GB equals more like 1,5GB. So my TOTAL market cap estimation is about 26 million $. Which is still kinda low when you really count the total coin supply of a coin: Dash for example has just roughly about 1/3 which would be worth 300 million $ then Zcash 1/40 , which would be worth almost 1 billion ( which i said already). Maidsafe ( dunno how many coins will even exist there, but i think it is something like 10% on market yet ) so i think maidsafe is about 500million$. And so on.
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buwaytress
Legendary
Offline
Activity: 2758
Merit: 3408
Join the world-leading crypto sportsbook NOW!
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January 23, 2017, 02:44:01 PM |
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Price reached a new alltime high at 0.04 BTC or around $35. Projected on the maximal total amount of Byteball the current market cap is at $35 million what will boost Byteball in the top ten coins.
This is not 100% correct since the byteballs you buy now get shares of future distribution so they are worth more than 1/1000000 I don't quite understand that point. I mean the total supply of bytes (once everything's distributed) is one million GB, so whatever the price of GB at the moment is, you can multiply it by one million to get a projected market cap as tyz said. Yeah but the GB price at the moment is not 100% correct. Since 1 GB now equals for example 1,1GB after the second snapshot. This is the reason why people pay a "premium". Okay I see what you mean. Actually the price will never be 100% correct because bytes you own will always get you more bytes throughout the distribution so we might never be able to calculated a projected market cap. Since it's a projected market cap it will never be accurate, still it gives a fair idea about what the market cap could be at that moment. Jumping in on this question only because I want clarity on this. Are we saying that the price will never be correct or are we just saying that the amount of bytes we have will never be correct? If the former is true, then how does it trade on exchange? If the latter is true, then how does a wallet balance look? Is it then possible for someone to continuously inflate his bytes simply by distributing and redistributing to make it a bloated output size? I'm sure all that's been figured out. Btw I think it's a great concept and would have joined in had I any form of proper capital. I was in the sig campaign though!
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kaicrypzen
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January 23, 2017, 03:11:44 PM |
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Okay I see what you mean. Actually the price will never be 100% correct because bytes you own will always get you more bytes throughout the distribution so we might never be able to calculated a projected market cap. Since it's a projected market cap it will never be accurate, still it gives a fair idea about what the market cap could be at that moment. Jumping in on this question only because I want clarity on this. Are we saying that the price will never be correct or are we just saying that the amount of bytes we have will never be correct? If the former is true, then how does it trade on exchange? If the latter is true, then how does a wallet balance look? Is it then possible for someone to continuously inflate his bytes simply by distributing and redistributing to make it a bloated output size? One way of looking at this is to factor the fact that each GB will bring 0.1 GB in the next distribution, so for instance if you buy/have 1 GB now, in the second round you'll have 1.1 GB, in the third 1.21 GB and so on (if 10% are always awarded to GB holders), so people can consider they are not paying for 1 GB but actually for more. Having said that, as bytes are gaining more exposure and as holders may have an advantage, buying pressure may increase and with it the price ... So given the fact that this is all unknown, it's not easy to get an estimation of what the market cap would be once all the bytes are distributed. Does this clear things up?
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buwaytress
Legendary
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Activity: 2758
Merit: 3408
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January 24, 2017, 06:03:12 PM |
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Okay I see what you mean. Actually the price will never be 100% correct because bytes you own will always get you more bytes throughout the distribution so we might never be able to calculated a projected market cap. Since it's a projected market cap it will never be accurate, still it gives a fair idea about what the market cap could be at that moment. Jumping in on this question only because I want clarity on this. Are we saying that the price will never be correct or are we just saying that the amount of bytes we have will never be correct? If the former is true, then how does it trade on exchange? If the latter is true, then how does a wallet balance look? Is it then possible for someone to continuously inflate his bytes simply by distributing and redistributing to make it a bloated output size? One way of looking at this is to factor the fact that each GB will bring 0.1 GB in the next distribution, so for instance if you buy/have 1 GB now, in the second round you'll have 1.1 GB, in the third 1.21 GB and so on (if 10% are always awarded to GB holders), so people can consider they are not paying for 1 GB but actually for more. Having said that, as bytes are gaining more exposure and as holders may have an advantage, buying pressure may increase and with it the price ... So given the fact that this is all unknown, it's not easy to get an estimation of what the market cap would be once all the bytes are distributed. Does this clear things up? Clear as mud, kai! But seriously, I think I've figured the market cap estimation problem (or question, as it's not a problematic issue I think). Also, I may have misunderstood the 10 per cent gain on bytes - which I now understand only to be only awarded during distribution. I'd mistakenly thought it possible to repeatedly gain this "bonus" simply by bloating output size of transactions.
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kaicrypzen
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January 27, 2017, 01:19:21 PM |
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Clear as mud, kai!
But seriously, I think I've figured the market cap estimation problem (or question, as it's not a problematic issue I think). Also, I may have misunderstood the 10 per cent gain on bytes - which I now understand only to be only awarded during distribution. I'd mistakenly thought it possible to repeatedly gain this "bonus" simply by bloating output size of transactions.
As clear as distilled water then given the fact that now you seem to understand everything clearly . I also share your point about estimating the market cap not being problematic, let's just enjoy the show for the time being .
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rytyr
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January 28, 2017, 08:18:33 PM |
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I've not followed the Byteball price for a while and I couldn't believe my eyes when I was seeing the price today. $50+ is incredible. I am very sad I sold half of my stake at $11 Still have the other half and very happy about it. I hope the new distribution mid of Feb will not let crash the price.
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miayama
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January 28, 2017, 09:45:34 PM |
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I've not followed the Byteball price for a while and I couldn't believe my eyes when I was seeing the price today. $50+ is incredible. I am very sad I sold half of my stake at $11 Still have the other half and very happy about it. I hope the new distribution mid of Feb will not let crash the price. But it is precisely affect the price may slightly.
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torikan
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January 29, 2017, 08:04:48 AM |
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I admired this coin's dev. Very nice system. I wish I received the translation award as Gbyte.
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