[GBYTE] Byteball Speculation

[European Central Bank]

kaicrypzen already proved your assumption right. There is another option to get even more. Let's say you take 10% of your Bitcoin amount to invest in Byteball, you will would get 40 GBYTE (10 BTC / around 0,25 BTC = 40 GBYTE). In the next round you get 20% interest on your Byteball balance + 0.065 GBYTE for each linked BTC. In total you would get 8 GBYTE interest and 5.85 GBYTE through your linked BTC what totals 13.85 GBYTE or around $11k

If you want your bitcoin back that's quite the risk. the price rises strongly in the runup and eases off afterwards and it's not the biggest market.

[kaicrypzen]

Ok...thanks...weird....I've not heard more talk on this....I assume when I get around to it I can link more then one wallet in some manner?

You can link as many Bitcoin addresses as you want to the same or to different Byteball addresses (but obviously you can not link the same Bitcoin address to multiple Byteball addresses).

ALSO I assume you this 'snapshot' can be done any time before the next airdrop?

The DAG snapshot happens at a precise time that is announced a bit after the previous round. For the 7^th round it will be July 9, 2017 at 04:07 UTC. The BTC blockchain snapshot happens at the first block mined after that.

Guess I'll have to research this more...we are talking real $$$ here

Yep .

[elumni]

How many Bytes equal to one Byteball I'm so confused as to how to count this coin. And blackbytes? how do they work and are they the same currency as byteball? Thanks, guys!

[Lagduf]

How many Bytes equal to one Byteball I'm so confused as to how to count this coin. And blackbytes? how do they work and are they the same currency as byteball? Thanks, guys!

You must read the previous post to get a correct answer for your question. The blackbytes is different with byteball. The blackbytes just useless coin in my opinion. I think 100M bytes equal with 1gbyte

[kaicrypzen]

How many Bytes equal to one Byteball I'm so confused as to how to count this coin. And blackbytes? how do they work and are they the same currency as byteball? Thanks, guys!

There is no such thing as one Byteball ...
Byteball refers to the whole technologie/DAG/app/software. Byteball comes with two built-in assets/currencies, bytes and blackbytes. What you can find traded on exchanges is GBYTE which is GigaByte which is 1 000 000 000 byte.
Blackbyte is a private untraceable asset.

[Thinvestor]

Im really interested in this and IOTA. Does anyone know if tech companies are building anything on top of Byteball? Or is Byteball strictly a currency?

[sixtus.leon]

Im really interested in this and IOTA. Does anyone know if tech companies are building anything on top of Byteball? Or is Byteball strictly a currency?

No byteball is not strictly a currency it features smart contracts, assets bots and more.

[ahoenk]

i love this coin because i love robot inside the chat..

this coin is next gen coin, also the distribution is fair enough

[Wekkel]

i love this coin because i love robot inside the chat..

this coin is next gen coin, also the distribution is fair enough

Yes, it has a very well thought out strategy behind it and the software looks beautiful.

[giletto]

The price keeps moving up. I expect that it will stay above 0.3 in the rest of this month before it hit 0.4. The price will increase significantly when we near the next distribution. I am holding 10 gbyte and everything seems very bright

[TheButterZone]

Someone should arb the Byte-BTC Exchange bot then, which currently has 4.957988226 GB for sale at or below 0.3 BTC/GB.

[Searing]

You don't need to send a micro-transaction.
Just sign a message with your byteball adress with all of your BTC private keys.

I would suggest to do that on an offline computer (virtual machine) in a memory only operating system.

One more question before I drag out my 3 paper wallets from safety deposit box, before
I figure out how to private msg them as proof.

IF I go back to just leaving my 100 btc paper wallets back to the safety deposit box,
and again DON'T move any btc or spend ever. Do I still need to prove with a private msg before
each monthly round of air drops? (That would suck).

Thanks. Too much money not to do this, but kinda a pain, air gap machine, get priv keys,
move bitcoin qt (still have to sync it on inet, so still unsure if that is any safer)

I hope this is not a monthly slog. My whole reason for paper wallets in bank is that I am
clueless, clumsy and weak willed. So hope this is not a monthly proof of ownership.

[jaberwock]

You don't need to send a micro-transaction.
Just sign a message with your byteball adress with all of your BTC private keys.

I would suggest to do that on an offline computer (virtual machine) in a memory only operating system.

One more question before I drag out my 3 paper wallets from safety deposit box, before
I figure out how to private msg them as proof.

IF I go back to just leaving my 100 btc paper wallets back to the safety deposit box,
and again DON'T move any btc or spend ever. Do I still need to prove with a private msg before
each monthly round of air drops? (That would suck).

Thanks. Too much money not to do this, but kinda a pain, air gap machine, get priv keys,
move bitcoin qt (still have to sync it on inet, so still unsure if that is any safer)

I hope this is not a monthly slog. My whole reason for paper wallets in bank is that I am
clueless, clumsy and weak willed. So hope this is not a monthly proof of ownership.

If you don't change your byteball address, then no need to sign again. Just save your signed message. Worst case you'll have to link your address to the transaction bot for each airdrop.
No need to mess with your cold storage every time.

[TheButterZone]

Just checked the Byte-BTC Exchange bot orderbook a couple minutes ago, lowest ask is 0.34 BTC/GB volume 4.970348068 GB

[bearex]

What do you guys think about investing in GBYTE now? I would like to get onto it, and also to get the 9th of July distribution bonus. I only fear that after 9th of July the price would drop, because many people will sell after they got the bonus.

[TheButterZone]

As long as the bonus rounds continue with seemingly no end in sight, it would seem to prescribe holding them & not dumping, so that you can get more bonus byteball based on your balance.

[Kryptowerk]

So right now Byteball is valued at only 1/6th of IOTA. Obviously there are some differences in both projects. Most well known is the fact that IOTA has actually no tx fees.
I wonder however how sustainable a network without any fees for transactions can be (seems like a great spam-attack vector)?
Do you guys think IOTA is overvalued or Byteball undervalued? Or both?

[European Central Bank]

Do you guys think IOTA is overvalued or Byteball undervalued? Or both?

completely impossible to answer. neither have done one single real world thing to justify any price at all.

on that basis they're both overvalued but iota is truly insanely overvalued.

[abonarea]

I have not only gotten good number of bytes but also have plan for them to keep them lock in wallet. Byteball market and few other features which were introduced in last updated wallet are amazing and well planned. It will not stay away from becoming one of the most used coin in future for various purposes. It is covering many aspects easy by easy through wallet to perform them.

[sva_h4cky0]

So right now Byteball is valued at only 1/6th of IOTA. Obviously there are some differences in both projects. Most well known is the fact that IOTA has actually no tx fees.
I wonder however how sustainable a network without any fees for transactions can be (seems like a great spam-attack vector)?
Do you guys think IOTA is overvalued or Byteball undervalued? Or both?

but byteball distributions is not over yet. let's see what happen when this over