[GBYTE] Byteball Speculation

[criptix]

I would advise you guys to just clone this and make a proper distribution.

Until now it looks just like one big scam. No need to say more.

[1714534339]

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[kaicrypzen]

Until now it looks just like one big scam. No need to say more.

Actually, you need to say more . The main dev didn't ask for money to begin with, the developments do have a steady pace and features do get delivered, so can you please elaborate on why you think it's a scam? Thx.

[Teraboy]

Until now it looks just like one big scam. No need to say more.

Actually, you need to say more . The main dev didn't ask for money to begin with, the developments do have a steady pace and features do get delivered, so can you please elaborate on why you think it's a scam? Thx.

Because he was realized the free distribution had done by the byteball developers, and for the free shares and looks like the gbyte still overvalued in my mind.

[coinsmanager]

Until now it looks just like one big scam. No need to say more.

Actually, you need to say more . The main dev didn't ask for money to begin with, the developments do have a steady pace and features do get delivered, so can you please elaborate on why you think it's a scam? Thx.

Because he was realized the free distribution had done by the byteball developers, and for the free shares and looks like the gbyte still overvalued in my mind.

I suppose you're saying it's overvalued because 1 GB costs $ 70 at the moment. If you are using this as a reference, you should be aware that what matters is the marketcap. Also remember that 1 GB = 1,000,000,000 bytes (being byte the native currency)

[tyz]

You should explain why the distribution is bad. To be honest, this is one of the best concepts for distributing coins that I have seen so far. Tony has never asked for start-up capital, nobody has ever had to invest  to get free Byeballs if one own Bitcoin.

Tony has also delivered a lot so far and there is always something new. So it would be appropriate to explain your concerns.

I would advise you guys to just clone this and make a proper distribution.

Until now it looks just like one big scam. No need to say more.

[criptix]

You should explain why the distribution is bad. To be honest, this is one of the best concepts for distributing coins that I have seen so far. Tony has never asked for start-up capital, nobody has ever had to invest  to get free Byeballs if one own Bitcoin.

Tony has also delivered a lot so far and there is always something new. So it would be appropriate to explain your concerns.

I would advise you guys to just clone this and make a proper distribution.

Until now it looks just like one big scam. No need to say more.

I explained upthread why the distribution is bad. It gives first rounders an advandtage several magnitudes higher then everyone coming after. Why?
I though the idea was a fair distribution and that is why they choose to airdrop it for free on btc adresses.
Total fail.

[Djinou94]

Low distribution nothing to see come back in a year

[Nathan Graves]

You should explain why the distribution is bad. To be honest, this is one of the best concepts for distributing coins that I have seen so far. Tony has never asked for start-up capital, nobody has ever had to invest  to get free Byeballs if one own Bitcoin.

Tony has also delivered a lot so far and there is always something new. So it would be appropriate to explain your concerns.

I would advise you guys to just clone this and make a proper distribution.

Until now it looks just like one big scam. No need to say more.

I explained upthread why the distribution is bad. It gives first rounders an advandtage several magnitudes higher then everyone coming after. Why?
I though the idea was a fair distribution and that is why they choose to airdrop it for free on btc adresses.
Total fail.

I saw a post in which Tony justifies such a change. I do not know exactly where this is, but I believe that the rate of return through Bitcoin holdings has decreased to maximize the gains of those holding Byteball in the coming rounds, and thereby encourage holding.
This also diminishes the great advantage the ICOs have over other participants. This probably brings a better balance to the profit potential on both sides.

[criptix]

You should explain why the distribution is bad. To be honest, this is one of the best concepts for distributing coins that I have seen so far. Tony has never asked for start-up capital, nobody has ever had to invest  to get free Byeballs if one own Bitcoin.

Tony has also delivered a lot so far and there is always something new. So it would be appropriate to explain your concerns.

I would advise you guys to just clone this and make a proper distribution.

Until now it looks just like one big scam. No need to say more.

I explained upthread why the distribution is bad. It gives first rounders an advandtage several magnitudes higher then everyone coming after. Why?
I though the idea was a fair distribution and that is why they choose to airdrop it for free on btc adresses.
Total fail.

I saw a post in which Tony justifies such a change. I do not know exactly where this is, but I believe that the rate of return through Bitcoin holdings has decreased to maximize the gains of those holding Byteball in the coming rounds, and thereby encourage holding.
This also diminishes the great advantage the ICOs have over other participants. This probably brings a better balance to the profit potential on both sides.

This just concentrates all tokens in the hand of the few first rounder whale(s).
Like 70-80%.
Not sure about the exact number anymore. But thats the mangnitude we are talking about.

[Nathan Graves]

You should explain why the distribution is bad. To be honest, this is one of the best concepts for distributing coins that I have seen so far. Tony has never asked for start-up capital, nobody has ever had to invest  to get free Byeballs if one own Bitcoin.

Tony has also delivered a lot so far and there is always something new. So it would be appropriate to explain your concerns.

I would advise you guys to just clone this and make a proper distribution.

Until now it looks just like one big scam. No need to say more.

I explained upthread why the distribution is bad. It gives first rounders an advandtage several magnitudes higher then everyone coming after. Why?
I though the idea was a fair distribution and that is why they choose to airdrop it for free on btc adresses.
Total fail.

I saw a post in which Tony justifies such a change. I do not know exactly where this is, but I believe that the rate of return through Bitcoin holdings has decreased to maximize the gains of those holding Byteball in the coming rounds, and thereby encourage holding.
This also diminishes the great advantage the ICOs have over other participants. This probably brings a better balance to the profit potential on both sides.

This just concentrates all tokens in the hand of the few first rounder whale(s).
Like 70-80%.
Not sure about the exact number anymore. But thats the mangnitude we are talking about.

In the first round only 10% were distributed. I think you're considering the hypothesis that no one sells their holdings, including new stakes, for the next rounds, very unlikely, but it makes sense.

[leero9]

In the first round only 10% were distributed. I think you're considering the hypothesis that no one sells their holdings, including new stakes, for the next rounds, very unlikely, but it makes sense.

when do the other distributions start? have devs said antyhing about this?

anyway, does anyone know what exchanges gbyte was on before it went on cryptopia?

[leero9]

anyway, does anyone know what exchanges gbyte was on before it went on cryptopia?

nvm ignore that, it was cryptox.pl

[monsterr]

when do the other distributions start? have devs said antyhing about this?

Sure, in the main topic - tomorrow at 09:08 AM.

Looks like many people now bying it on Cryptox.pl to have more GBYTE to get more GB/GBB - the price is close to 0.07 BTC for GBYTE all the week before.

Probably it will fall again after distribution, like last time, until 0.03 BTC/GBYTE.

[tyz]

Read this or the main thread carefully. There are a lot of posts covering this question. All distributions will be conducted on full moon. Here is a calendar with all dates http://www.moongiant.com/Full_Moon_New_Moon_Calendar.php

Next full moon is on 11th April at 6:08 UTC

By the way, I added the explaination about the distribution to the opening thread.

In the first round only 10% were distributed. I think you're considering the hypothesis that no one sells their holdings, including new stakes, for the next rounds, very unlikely, but it makes sense.

when do the other distributions start? have devs said antyhing about this?

anyway, does anyone know what exchanges gbyte was on before it went on cryptopia?

[mickaelsilver10]

Why the rate is now

You can:
buy bytes at 0.0918 BTC/GB
sell bytes at 0.0431 BTC/GB
or set your price.


Last week it was 0,07..(to buy) and 0,05.. (To sell)

The gap increases between buying and selling ... but why ??

[connexus]

Why the rate is now

You can:
buy bytes at 0.0918 BTC/GB
sell bytes at 0.0431 BTC/GB
or set your price.


Last week it was 0,07..(to buy) and 0,05.. (To sell)

The gap increases between buying and selling ... but why ??

That's how trading works, traders will always want to buy bytes at a cheaper price whenever possible. If you are a seller and you think the buy price is too small then don't dump your bytes. This is like buying stock in the real world. Buying cheapest bytes if you want the biggest gain.

[tyz]

Main reason is because GBytes is not listed on a liquid exchange yet. On less volume exchanges like cryptox.pl such spreads are not that rarely. On big exchanges, trading bots would close this hugh spread.

Why the rate is now

You can:
buy bytes at 0.0918 BTC/GB
sell bytes at 0.0431 BTC/GB
or set your price.


Last week it was 0,07..(to buy) and 0,05.. (To sell)

The gap increases between buying and selling ... but why ??

[mickaelsilver10]

When will gbyte be listed on a liquid exchange ?

[ttookk]

When will gbyte be listed on a liquid exchange ?

Apparently, Bittrex has the gbyte wallet under maintenance atm. Didn't check for myself yet, so just rumors. If it's true, it still might take a few days of testing, before trading goes life. In any case, there would be a liquid exchange. Anxious to see, what this does with the price.

[blackhawk101]

EVERYONE WANT POLO... F$%&# POLO MANIPULASHUN, LIQUIDIDY MEAN COIN CRASH TOO....