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Author Topic: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, GoByte Pay  (Read 52999 times)
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Attilaloe
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December 13, 2017, 06:12:54 PM
 #801

This is a really good project. I think I will try to set up a Masternode myself now!
Today's your best chance to get it cheap probably.

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December 13, 2017, 07:09:16 PM
 #802

Those panic sellers everywhere, and now wants some $ for Christmas and New Year presents  Cheesy

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December 13, 2017, 07:11:23 PM
 #803

I love this resistant of BTC rage nowadays, truly epic  Smiley

GBX holding strongs I see some increase towards the holiday season!
This might help you https://walletinvestor.com/forecast/gobyte-prediction

This forecast makes some noise in my head, will follow to check predictions  Wink

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December 13, 2017, 07:37:05 PM
 #804

If anybody is asking why the price goes down, there are several explanations:
1. the mining reward is too big, it generates too much coin in a short time. 24 blocks per hour x 24 hrs=576.
576x15= 8640/day.
At price of $30, this would mean ~260,000 usd/day.
Pouring the equivalent of 1 million $ every 4 days is too much, the market can't absorb this volume at current levels. Also, this would mean a capitalization of 365x260,000 = ~95 mil $ in one year.

So the price must go down. At least temporarily.

2. The starting price of $10 is somehow arbitrary, since there is no economical value behind, only perception and user sentiment. While the initial request to buy coins was motivated by the high roi, obviously the price increased up to a very high level. But as the market gets saturated with the new coins, the price will 'calibrate' to a lower level.

3. As I was pretty active on this market on cryptopia, I noticed that during the last 3 days, with very few exceptions, there were mainly 'sell' transactions. People wanting to buy knew that they just have to wait and the order was being filled slowly.
However, there were some spikes in buy, looking like somebody was willing to spend some coins just to raise the price by several %, and it raised the price for a short time, then continuing the downtrend.
I assume/guess this was the dev Smiley

So, price will go down for a while, it's hard to stop it now because there are very few buyers with high volumes.
It will stabilize to a certain price. As it goes down it and some people will sell their mns, it might attract new people etc.

Before you jump in and tell me that I want to push the price down to buy coins cheap, just take a look at other 2 pow+pos coins, MAG and XYLO.






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December 13, 2017, 07:44:56 PM
 #805

If anybody is asking why the price goes down, there are several explanations:
1. the mining reward is too big, it generates too much coin in a short time. 24 blocks per hour x 24 hrs=576.
576x15= 8640/day.
At price of $30, this would mean ~260,000 usd/day.
Pouring the equivalent of 1 million $ every 4 days is too much, the market can't absorb this volume at current levels. Also, this would mean a capitalization of 365x260,000 = ~95 mil $ in one year.

So the price must go down. At least temporarily.

2. The starting price of $10 is somehow arbitrary, since there is no economical value behind, only perception and user sentiment. While the initial request to buy coins was motivated by the high roi, obviously the price increased up to a very high level. But as the market gets saturated with the new coins, the price will 'calibrate' to a lower level.

3. As I was pretty active on this market on cryptopia, I noticed that during the last 3 days, with very few exceptions, there were mainly 'sell' transactions. People wanting to buy knew that they just have to wait and the order was being filled slowly.
However, there were some spikes in buy, looking like somebody was willing to spend some coins just to raise the price by several %, and it raised the price for a short time, then continuing the downtrend.
I assume/guess this was the dev Smiley

So, price will go down for a while, it's hard to stop it now because there are very few buyers with high volumes.
It will stabilize to a certain price. As it goes down it and some people will sell their mns, it might attract new people etc.

Before you jump in and tell me that I want to push the price down to buy coins cheap, just take a look at other 2 pow+pos coins, MAG and XYLO.
1. Correct
2. Correct.
3. Correct. Except the "I assume/guess this was the dev Smiley". We have no market implication nor safety fund for market risk management and manipulation as some exchanges request.
4. Don't compare us to MAG or XYLO. Don't want to hate but.... :|
We don't have broken code, we don't sold our MNs with a fixed sum, everyone bid as high as they wanted. We are sticking to our roadmap. And the last thing, we are waiting for January 2018.

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December 13, 2017, 08:56:10 PM
 #806

Don't worry guys. This kind of volatility is expected. But in 2018 we can see 300k sats price

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December 13, 2017, 09:50:29 PM
 #807

Im not worry and believe in GBX!

https://walletinvestor.com/forecast/gobyte-prediction#predicted-prices


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December 13, 2017, 10:56:24 PM
 #808


What is trust level of this predictions I mean on this platform, site??

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December 13, 2017, 11:30:05 PM
 #809


What is trust level of this predictions I mean on this platform, site??

I found it recently and need more info/time to confirm how accurate it is but posted here to share this good looking picture.
Everyone must decided himself if want invest in to it.  
As masternode owner I definitely will follow this site and obviously entire GoByte project all the time.

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trgnn
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December 13, 2017, 11:34:20 PM
 #810


What is trust level of this predictions I mean on this platform, site??

Don't trust the prediction, trust the roadmap. We're about to release an important core update. The whitepaper + new website + mobile wallet and payment gateaway will follow. I started to meet french lawyers for establishing GoByte legally and turn it into way more than what it is now. The more we'll work, the more we'll build up confidence, the more people will buy for long term hold Wink The price will follow.

As for the coin's emission being too high, mining being rewarded with too much coins, maybe there is a few others variables : there is only 239'000 coins in circulation and 205 MNs, that mean more than 80% are locked for people who might want more MNs (and the coin emission will decrease by 12% every year). At the moment, I can see 5k GBX on selling orders and more than 10 BTC on buy orders, it's far away from what I saw with XYLO. Plus.... seriously, XYLO ?

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December 13, 2017, 11:46:49 PM
 #811

I have some unused GoByte coins in my wallet from mining and MN rewards of my existing Masternode so I decided to start a Shared Masternode to get use for those coins.

Terms:

1. No setup fees. I will cover the initial costs.
2. Daily payouts to shareholders.
3. Transparent MN statistics. I will disclose MN address to each shareholder so everyone can monitor the earnings on http://explorer.gobyte.network:5001/
4. 5% service fee will be taken from MN earnings at the time of the payment to cover VPN cost, payments transaction fees and administrative duties.
5. To make it affordable, the MN will be split into 20 seats valued at 50 GBX each.

PM to me when you're ready to make profit on those coins that you have idle in your wallets.

With 50GBX participation how much coins/day it will rewarded?? I know that everyday different value, but any approx.??
Last 7 days my MN earned 165 coins. That's 23.57 per day, which is 1.18 coins per seat @ 50 coins. That is 860% ROI per annum and it is actually a little bit higher than what http://mnrank.com/ reports. Most importantly, GoByte keeps its value very nicely which will allow to expect high enough ROI over e period of time and if it goes to the moon I would like to be on that shuttle.
All 20 seats are paid for. Thanks for the interest everybody!

Join a Shared Masternode and started earning interest on those coins you have idle in your wallets! More info: https://discord.gg/Kd6peTz
Lock00Live
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December 14, 2017, 02:37:06 AM
 #812

I could have had a GBX mn from days of mining, but decided to sell when the price skyrocket due to cryptopia listing

▀▀▀▀▀▀▀  [   CRYPTOS⚫LARTECH    ]  ▀▀▀▀▀▀▀
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Telegram  Facebook  Twitter  [[   TOKEN SALE is LIVE   ]]  Medium  Youtube  Reddit
offbyone
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December 14, 2017, 03:01:03 AM
 #813

I have some unused GoByte coins in my wallet from mining and MN rewards of my existing Masternode so I decided to start a Shared Masternode to get use for those coins.

Terms:

1. No setup fees. I will cover the initial costs.
2. Daily payouts to shareholders.
3. Transparent MN statistics. I will disclose MN address to each shareholder so everyone can monitor the earnings on http://explorer.gobyte.network:5001/
4. 5% service fee will be taken from MN earnings at the time of the payment to cover VPN cost, payments transaction fees and administrative duties.
5. To make it affordable, the MN will be split into 20 seats valued at 50 GBX each.

PM to me when you're ready to make profit on those coins that you have idle in your wallets.

With 50GBX participation how much coins/day it will rewarded?? I know that everyday different value, but any approx.??
Last 7 days my MN earned 165 coins. That's 23.57 per day, which is 1.18 coins per seat @ 50 coins. That is 860% ROI per annum and it is actually a little bit higher than what http://mnrank.com/ reports. Most importantly, GoByte keeps its value very nicely which will allow to expect high enough ROI over e period of time and if it goes to the moon I would like to be on that shuttle.
All 20 seats are paid for. Thanks for the interest everybody!
Ah damn, I was interested as well, but my btc to gbx xfer didn't go through in time and got held with 0 confirms. Hopefully there will be more group stake ins
VclDm
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December 14, 2017, 04:12:11 AM
 #814

All GBX MNs holders should just hold. But some are easily scared at the first dip. As for the who, we have a lot of competitors out there.

gscotch
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December 14, 2017, 08:36:25 AM
 #815

If anybody intrested in shared MN's  https://coinwatch.center

NYXCOIN - The future of Investment and eCommerce - NYXCOIN
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usd.dev
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✹✹ Fluxorin.io ✹✹


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December 14, 2017, 10:09:15 AM
 #816

The developers clearly continue to modernize the project, develop it. I assume that by the middle of 2018 we will see a good and stable growth of the coin.

lobeznosp3
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December 14, 2017, 10:56:46 AM
 #817

Hi all!!!

GoByte has a new Masternode hosting service support, it is now open at https://coinwatch.center/ as well as Merchant API

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December 14, 2017, 04:56:09 PM
 #818

Keep up the good work GBX team, price drop is just temporary!

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December 14, 2017, 05:49:35 PM
 #819

I have some unused GoByte coins in my wallet from mining and MN rewards of my existing Masternode so I decided to start a Shared Masternode to get use for those coins.

Terms:

1. No setup fees. I will cover the initial costs.
2. Daily payouts to shareholders.
3. Transparent MN statistics. I will disclose MN address to each shareholder so everyone can monitor the earnings on http://explorer.gobyte.network:5001/
4. 5% service fee will be taken from MN earnings at the time of the payment to cover VPN cost, payments transaction fees and administrative duties.
5. To make it affordable, the MN will be split into 20 seats valued at 50 GBX each.

PM to me when you're ready to make profit on those coins that you have idle in your wallets.

With 50GBX participation how much coins/day it will rewarded?? I know that everyday different value, but any approx.??
Last 7 days my MN earned 165 coins. That's 23.57 per day, which is 1.18 coins per seat @ 50 coins. That is 860% ROI per annum and it is actually a little bit higher than what http://mnrank.com/ reports. Most importantly, GoByte keeps its value very nicely which will allow to expect high enough ROI over e period of time and if it goes to the moon I would like to be on that shuttle.
All 20 seats are paid for. Thanks for the interest everybody!
Ah damn, I was interested as well, but my btc to gbx xfer didn't go through in time and got held with 0 confirms. Hopefully there will be more group stake ins
Since there is a continued interest in this offer, I decided to start collection for GSM-GBX002 Shared Masternode. More details and detailed TOS are here https://discord.gg/k8Maym

Join a Shared Masternode and started earning interest on those coins you have idle in your wallets! More info: https://discord.gg/Kd6peTz
KryptonS
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December 14, 2017, 06:07:22 PM
 #820

Price still on the lower side after dip. Hope to see it up soon!

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