[GBYTE] Byteball Speculation

[European Central Bank]

The distribution is both a reason for the price of GB going up and for it to remain constrained. Until the free distribution ends, there will be dumpers. You would be better off waiting for the final round before taking a call on entering.

depends. if you buy some now you get that extra byteball. of course there's a chance you'll be able to buy all you want for far less but it's not guaranteed.

[holden.commodore]

the best is to sell right before the distribution... the price drops A LOT after it.
even when the market stabilize, you should do that.

[spiz0r]

the best is to sell right before the distribution... the price drops A LOT after it.
even when the market stabilize, you should do that.

You are right, it usually a 20-30% drop right after the distribution. I was to greedy to sell before the last distribution around 950 USD. Now I really regret it!

[sheld0n]

Well, I would say it was a good decision in the aftermath. The price has collapsed nearly by two third after the last distribution. Of course, one major reason was the general downturn of altcoins but if you sold at $950 you can buy cheaply back and profit much more on the next distribution.

the best is to sell right before the distribution... the price drops A LOT after it.
even when the market stabilize, you should do that.

You are right, it usually a 20-30% drop right after the distribution. I was to greedy to sell before the last distribution around 950 USD. Now I really regret it!

[legera]

What does everyone think will happen after the last airdrop? Isn't the high price over the last months more of a reflection of everyone trying to buy to gain more GBYTE? When there are no more airdrops to come, it might come WAY down to a more realistic price to match it's coin supply? Hard to tell.

[European Central Bank]

What does everyone think will happen after the last airdrop? Isn't the high price over the last months more of a reflection of everyone trying to buy to gain more GBYTE? When there are no more airdrops to come, it might come WAY down to a more realistic price to match it's coin supply? Hard to tell.

i'm really interested to see what'll happen. every distribution massively increases interest and exposure. by the time it's over i think there'll be many people who are excited about it and won't have any intention of dumping.

[legera]

What does everyone think will happen after the last airdrop? Isn't the high price over the last months more of a reflection of everyone trying to buy to gain more GBYTE? When there are no more airdrops to come, it might come WAY down to a more realistic price to match it's coin supply? Hard to tell.

i'm really interested to see what'll happen. every distribution massively increases interest and exposure. by the time it's over i think there'll be many people who are excited about it and won't have any intention of dumping.

There will be a lot less buying pressure though. Interesting either way, hopefully some more future plans will be announced around that time.

[holden.commodore]

In this hard dump i was able to buy it for 0.143.
Distribution is only 1 week ahead.
Time to buy.

[NewChmst]

In this hard dump i was able to buy it for 0.143.
Distribution is only 1 week ahead.
Time to buy.

Yes I was thinking that the price is still low and only 9 days to the distribution... what do you think about this trend ?

[sheld0n]

Price is soaring again while we getting nearer to the next distribution on 7th August. What do you think will the price collapse again as it did after the last distribution or will it be more stable since the unsecurity caused by Bitcoin is off the table now?

[European Central Bank]

Price is soaring again while we getting nearer to the next distribution on 7th August. What do you think will the price collapse again as it did after the last distribution or will it be more stable since the unsecurity caused by Bitcoin is off the table now?

collapse. there'll be even more dumpers this time around. the dumping will get more intense the more of it is distributed. we'll only be able to speculate properly when this is all over.

[bobo012]

Yep, the game is changing, i had a lot more when i had less gb than now. A lot of people here to just dump as quick they can
I expect dumping again after distribution.

[SUPERSAIAN]

Do any of exchanges distribute Byteball to their users who have Bitcoin in their account? Bittrex gave Lumen for example, but they don't give Byteball I guess. This whole thing got me very confused, I don't know what to do. Please tell me the easy way. I want to get my first Byteball's this time.

[European Central Bank]

Do any of exchanges distribute Byteball to their users who have Bitcoin in their account? Bittrex gave Lumen for example, but they don't give Byteball I guess. This whole thing got me very confused, I don't know what to do. Please tell me the easy way. I want to get my first Byteball's this time.

not as far as i know. they've worked pretty hard to deprive exchanges of the airdrop in general.

withdraw to a wallet instead.

[HODL to the moon]

Is there an exact time when the snapshot will happen. When is it safe to move the coins? Does anyone have an official time stamp on this?

[holden.commodore]

Is there an exact time when the snapshot will happen. When is it safe to move the coins? Does anyone have an official time stamp on this?

the snapshot will be taken by the time of the first block after Aug 7, 2017 at 18:10 UTC

[sheld0n]

Why colllapse? The price is $607 at the moment. Since the last distribution we have already seen prices of $350. Therefore the price is soaring again but I doubt it will achieve the highs of almost $1000 before the July distribution.

Price is soaring again while we getting nearer to the next distribution on 7th August. What do you think will the price collapse again as it did after the last distribution or will it be more stable since the unsecurity caused by Bitcoin is off the table now?

collapse. there'll be even more dumpers this time around. the dumping will get more intense the more of it is distributed. we'll only be able to speculate properly when this is all over.

[jjacob]

Yep, the game is changing, i had a lot more when i had less gb than now. A lot of people here to just dump as quick they can
I expect dumping again after distribution.

This is to be expected. A lot of people take part in airdrops just to dump the coins at the first opportunity they get.
You can't say it is a bad strategy. They do get some free bitcoins by participating.

[European Central Bank]

Why colllapse? The price is $607 at the moment. Since the last distribution we have already seen prices of $350. Therefore the price is soaring again but I doubt it will achieve the highs of almost $1000 before the July distribution.

because it happens every single time. millions of dollars of free money have suddenly arrived with every distribution so some people will claim it. it's like clockwork.

the more gbyte there is, the lower the price of each unit and more free money arrives each time. i expect sub $250 this time. it's the same market cap but more of them.

[holden.commodore]

The price plummeted during the bloody july, now it will not be that easy to reach $1000 again. But who really cares? It is easy profit anyway!