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Author Topic: Byteball hype over or time to buy?  (Read 5123 times)
thejaytiesto (OP)
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February 12, 2017, 07:07:26 PM
 #1

The byteball distribution thing has as far as I know, been finished recently, I think yesterday was the last day.

Now what we have is a bunch of people with basically free byteballs ready to dump... the price indeed tanked a bit, but it has gone up a bit in the last hours.

My question is: Does this coin have strong enough technological value to keep growing, or are we about to withness an instadump of all those free byteballs that have been distributed? particularly as soon as byteball hits the big P? (poloniex, god of dumps...)

So, good time to get in, or wait for a big ass dump?
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 13, 2017, 07:20:34 AM
 #2

See the development and current price I think Byteball will still growth, you can see at byteball transition how much BTC address has linked to get byteball and I think just a couple people who get the free distribution will dump their byteball. Byteball didn't get listed in major exchange see what the next if byteball get listed.

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February 13, 2017, 12:55:13 PM
 #3

they stopped their signature campaign today, so i guess the hype has stopped and will slow down in the near future.
and as you said, i am waiting for the dump to happen, there are going to be lots of people with lots of bytes to dump and that will always cause a big drop in price (one of those sharp declines in charts). i will keep an eye out for post dump actions if i were you.

--looking for signature--
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February 13, 2017, 02:19:45 PM
 #4

they stopped their signature campaign today, so i guess the hype has stopped and will slow down in the near future.
and as you said, i am waiting for the dump to happen, there are going to be lots of people with lots of bytes to dump and that will always cause a big drop in price (one of those sharp declines in charts). i will keep an eye out for post dump actions if i were you.
It will surely dump specially to those who earn byte on a free way they will surely secure their profits and avoiding the price dump because it will surely happen.Regardless on the dump i cant still decide if this would be the best time to buy or just consider it as an another shitcoin dying again.

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February 13, 2017, 05:33:48 PM
 #5

Good the team decided to spread the free tokens, but my concern for this project is how the team will get money to fund the development of the platform, if there is no meaningful update coming out from the team I can see the price tank in future another thing is the use case of this tokens
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February 13, 2017, 05:41:32 PM
 #6

Quote
The byteball distribution thing has as far as I know, been finished recently

No, it has not. A very small amount was distributed up to now and there are many more rounds ahead.

Quote
Now what we have is a bunch of people with basically free byteballs ready to dump...

You have to be really stupid to dump it now, but since the world is full of dumb retards, some of them will dump for sure.

.
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February 14, 2017, 03:54:12 AM
 #7

Quote
The byteball distribution thing has as far as I know, been finished recently

No, it has not. A very small amount was distributed up to now and there are many more rounds ahead.

I just see the blackbyte and some free byte share has distributed by the dev, but can you write more about it?

And I don't know how the distribution of the free byteball shares it works. Can you tell me how it works?

I was feeling some of the big companies have got a lot of the free byteshares.



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February 14, 2017, 10:06:52 AM
 #8

Quote
The byteball distribution thing has as far as I know, been finished recently

No, it has not. A very small amount was distributed up to now and there are many more rounds ahead.

I just see the blackbyte and some free byte share has distributed by the dev, but can you write more about it?

And I don't know how the distribution of the free byteball shares it works. Can you tell me how it works?

I was feeling some of the big companies have got a lot of the free byteshares.




Just read the announcement https://bitcointalk.org/index.php?topic=1608859.msg16156239#msg16156239

.
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February 14, 2017, 10:54:07 AM
 #9

bytball coin until now nothing exchanger acepted trade
so you can't buy byteball coin, if buy in another person is not good, because byteball coin not ico selling, you can get free only linked bitcoin addres
is good buy byteball coin if ready listing to exchanger
about hype , i think is not, because byteball coin can get free
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February 14, 2017, 03:57:36 PM
 #10

they stopped their signature campaign today, so i guess the hype has stopped and will slow down in the near future.
and as you said, i am waiting for the dump to happen, there are going to be lots of people with lots of bytes to dump and that will always cause a big drop in price (one of those sharp declines in charts). i will keep an eye out for post dump actions if i were you.
Everything does not depend upon the signature campaign,campaigns are done to get the exposure and they wanted to exposure they wanted and so is the reason they have stopped that.If the project is a good one then sure i will ride high .I am not sure whether it is a good time to buy,just wait out and see.
thejaytiesto (OP)
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February 15, 2017, 07:05:41 PM
 #11

Quote
The byteball distribution thing has as far as I know, been finished recently

No, it has not. A very small amount was distributed up to now and there are many more rounds ahead.

Quote
Now what we have is a bunch of people with basically free byteballs ready to dump...

You have to be really stupid to dump it now, but since the world is full of dumb retards, some of them will dump for sure.


How is it dumb to get free profits? Unfortunately I forecast nothing but dumps evertime that a distribution round happens, or otherwise a long downtrend until the total distribution ends.

When will all coins be in circulation?
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February 15, 2017, 07:32:46 PM
 #12


How is it dumb to get free profits?

If you dump byteballs now, you miss your profit from future distributions rounds. This is dumb.

.
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February 16, 2017, 01:34:10 AM
 #13


How is it dumb to get free profits?

If you dump byteballs now, you miss your profit from future distributions rounds. This is dumb.

Thanks for your link but it seems like the announcement is really complicating for me, I have a question for you. Did iconomi acquire blackbytes caused by their shares? I need your opinion, sir.

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February 16, 2017, 01:51:19 AM
 #14

Thanks for your link but it seems like the announcement is really complicating for me, I have a question for you. Did iconomi acquire blackbytes caused by their shares? I need your opinion, sir.

Iconomi gathered huge pile of BTC on their ICO. So they claimed byteballs with those BTC.
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February 16, 2017, 05:09:40 AM
 #15

HODLING MY BALLS
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February 16, 2017, 06:21:42 AM
 #16

No, the price is still expensive because the hype is still not over. You know when byteball was released, the market cap of byteball was 2 million, after signature hypes, the market cap went up to 10 million usd. It is unfair to let buyers to get the coins dumped for free.
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February 16, 2017, 08:47:03 AM
 #17

Thanks for your link but it seems like the announcement is really complicating for me, I have a question for you. Did iconomi acquire blackbytes caused by their shares? I need your opinion, sir.

Iconomi gathered huge pile of BTC on their ICO. So they claimed byteballs with those BTC.

Yeah, i know because the team already published about the total amount of the byteball shares. But I mean about the blackbytes, because some of the byteball holders are getting the blackbytes share and i just try to gather more information or clarification about that.

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February 16, 2017, 09:38:17 AM
 #18


How is it dumb to get free profits?

If you dump byteballs now, you miss your profit from future distributions rounds. This is dumb.


You seem confident as hell...
I don't see how that crypto could rise... It has nothing for itself. It's just another usual altcoin.
And betting your winnings on the activity of a development team you don't know is the real dumb thing here Wink


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February 20, 2017, 01:32:36 AM
 #19

I would really holding the bag for byteball just waiting for them to get in on the trading site poloniex and bittrex at least it's safer for me to trade Smiley

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February 20, 2017, 08:32:10 AM
 #20

I think those dumping the coins are those that see the coin as a free coins to just make free money and dump on the market. People need to see the value in this project, the technology is good and I can see it succeeding going forward
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