[GBYTE] Byteball Speculation

[byteball]

now the lowest price for the last time, only $ 275. a very difficult time, whether it is necessary now to take byteball cheap or does it have big problems?

It doesn't have any problems.
Previously, large BTC holders who linked and were not interested in holding, were using some of their BTC to pump up the price before airdrops, to sell their booty immediately after. Apparently it was profitable, as it repeated several times.
Tonych decided to stop this, so now we probably need some development advancements to attract new money.
Look at a bubble in LTC once they announced Lightning transaction on mainnet.

[1714666348]

1714666348

[silverston]

as if gbyte behaves uncertainly. I think until I buy it. Maybe I'll just buy it when the airdrop runs out

[Nyuska1987]

Can smb tell me, will GBYTE be alive? And when, if it will..
It looks like dead..

[aaron2024]

Can smb tell me, will GBYTE be alive? And when, if it will..
It looks like dead..

It's one of the few projects with a working product and active development. So it's alive.

But don't expect something great before they release those coins...

[muvie]

I am very sure that we see the bottom here. I personally believe in Tony and the Byteball team. Risk / reward is perfect at the current price level. My target is 0.3.

[Wekkel]

I am HODLing. This coin has a lot going for it. It just takes some time to settle and grow after a super run up the last year. This is not the end but the beginning.

[bazar111]

How do you think when it will coast 0.2 btc again ?

[altcoinb]

How do you think when it will coast 0.2 btc again ?

I think on Nov 2, 2017 (2 days before next distro) 
now is a good time for buy!

[mickaelsilver10]

I am very sure that we see the bottom here. I personally believe in Tony and the Byteball team. Risk / reward is perfect at the current price level. My target is 0.3.

I totally agree with this opinion!
I hold Gbyte already for many months because I believe Tony and i believe in Byteball's project !!
Right now the price is very cheap

[muvie]

I expect the Byteball price will rise 1-2 or days before the next 10% airdrop bonus for hodlers will be paid. Have bought in at 0.055. Target at least. 0.35.

[crypto_bit]

Gbyte has a very attractive wallet app, good network structure and fair distribution. So I hodl this, although the price is funny low and reflects lack of marketing, I guess.

[Legendari]

Why is GBYTE drops? I don't understand. They changed the distribution system, made it fairer, the project is actively developed but the price still goes down. Why?

[s1lverbox]

I expect the Byteball price will rise 1-2 or days before the next 10% airdrop bonus for hodlers will be paid. Have bought in at 0.055. Target at least. 0.35.

Target based on what please?

Please let me know your calculation.

thanks,.

[LoyceV]

I am HODLing. This coin has a lot going for it. It just takes some time to settle and grow after a super run up the last year. This is not the end but the beginning.

I'm holding my coins too, it's dropped 80% already, I don't need to cash out the remaining 20%, so I'll hold and see where Tony's road leads.

Apart from the price drop, the trade volume has dropped a lot too. It used to be $10M per day around the airdrop and $1M per day the rest of the month. Now, it's down to $100k daily volume only. I'm not sure what that means in terms of price development, but if I dare to speculate: a relatively small buy or sale order can have a big influence on the price now.

[s1lverbox]

I am HODLing. This coin has a lot going for it. It just takes some time to settle and grow after a super run up the last year. This is not the end but the beginning.

I'm holding my coins too, it's dropped 80% already, I don't need to cash out the remaining 20%, so I'll hold and see where Tony's road leads.

Apart from the price drop, the trade volume has dropped a lot too. It used to be $10M per day around the airdrop and $1M per day the rest of the month. Now, it's down to $100k daily volume only. I'm not sure what that means in terms of price development, but if I dare to speculate: a relatively small buy or sale order can have a big influence on the price now.

Low volume means that there is not a lot of interest around byteball.
Price can and will be manipulated now very easily. BEFORE next airdrop we should see rise as usual. But not sure if skipping next month airdrop was wise idea.
BB can loose even more interested people because:
a. we have no visibility anywhere and this will not change.
b. rules are changed already twice

In my eyes mistake was giving away without limits gb to xchanges, iconomi etc.

Basically rich are now richer.

[singularityisnear]

Low volume means that there is not a lot of interest around byteball.
-snip-

That's probably true. Part of it is because very few people know about the underlying technology of Byteball, which means we need a better marketing plan.

Another reason is because it's only listed on a few exchanges, which means we have to contact the big ones. But chances of success are greater if we contact them after the coins are distributed.

[coinzoid]

I think the issue of low interest has started after distribution schema changes. So, maybe a new and better approach will be implemented later and then price will recover to a better value again.

[andyblocks]

I think the issue of low interest has started after distribution schema changes. So, maybe a new and better approach will be implemented later and then price will recover to a better value again.

When the distribution interest rate increased, I wasn't surprised, since Tony stated since the beginning that in the future it would increase for GBYTE holders, and decrease for BTC holders.

The last change, AFAIK, it's a step towards merchant adoption, also not much of a problem. Now, if it changes again... I would be worried.

[goldenchip]

These drops are temporarily painful, but it's better than seeing the price fall into oblivion after the last full moon.

[carlosmg]

There is not much smart money in the market right now.

People look at the price, but not at the supply.... Why not contact the exchanges and coinmarketcap.com to change the unit to MB.
Do you guys think that waiting for the smart money will bring more benefits in the long term?