Quote from: Seccour on December 11, 2016, 11:32:28 AM

Quote from: johny08 on December 11, 2016, 11:22:04 AM

Quote from: Seccour on December 11, 2016, 10:45:21 AM

Quote from: cryptohunter on December 11, 2016, 09:22:35 AM

How come all the people now starting to wake up to what a disaster this kind of distribution model is?

Nobody will invest in it at any point above a tiny satoshi value since it is simply open to huge manipulation from large ICOs and exchanges and BTC whales.

Who would ever intend to have such an unfair distributional model to start with. That is open so such manipulation with some many large holders having a vested interest in seeing it crushed.

I will link my wallets but will dump the moment it hits exchange.

Whilst jl777 is dumping his bags along with the other icos and driving the price of BB into the ground whilst extracting BTC for his own project (that most here probably didnt invest in at that is in direct competition with this coin and other alts people here hold )and whilst the exchanges are manipulating the markets with their huge bags and whilst BTC whales are pumping and dumping you all over and over it will never be safe to invest in above a tiny satoshi value.

Wait until those that didn't get in on the initial distribution of this. It will be the pariah of all pariah coins.

Strange I see a few people starting to wake up now when this has all been mentioned since the very start.

Those dreaming that adding their 20 BTC wallets to this will have any BB worth anything are dreaming. It will be the most manipulated coin released. Also it is in the interest of other large ICOs to crush the value whilst pumping and dumping for max BTC extraction. Imagine unregulated exchanges holding huge chunks of a coin from the start.

BB will attract not attract investors and will branded a pariah by those with mostly alts and no BTC.

I'm going to be linking my BTC wallets but I will dump immediately since of course that is the only sensible thing to do. Distribution like this doomed to be forked and given a sensible distribution.

This is insane, you may as well say all the development fund you should be having go to BB is going only to other competitors ICOS and they reward this project with crushing the price.

Even now there is time to pull back and do a sensible distributional model.

Create a POW coin with a 2 month mining phase that will be converted to BB at exchanges. Have a small CS too if you need some dev funding.

This is the WORST distributional model Ive ever seen. Even ripple is better at least the majority whale holders have an interest in seeing ripple rise in value and don't want to destroy small investors by pumping and dumping them over and over and driving future investment away.

These type of distributional models actually don't just serve to make the rich richer with no risk to them they crush the small alt holders in a HUGE way. This kind of coin dilutes your alt holdings whilst handing that over to the BTC whales. If other coins are allowed to follow this model you will see that BTC whales that do not want alts to exist will control the entire ALT market place too for no cost or risk to their BTC.

Time to wake up to those that thought they were getting something for free here. You are not getting anything for free, by allowing these types of distribution you are simply allowing BTC whales to now take huge swathes of the ALT market place for free. Any alts you have spent time accumulation value in will be diluted badly. They keep their BTC and take over huge % of the altcoins whilst your alts are diluted .,...even worse when you dump other alts to BTC to buy into this?? reducing further your alts market value and increasing BTC value. Win win win for the BTC whales and you alt coiners lose lose lose.

Even if someone dump so what ? Their byteballs will be redistributed to the buyers and the distribution will be fair. And it's not a one time snapshot so it will bring attention to the next one anyway.

EDIT : And actually right now 20 BTC make the difference.

90% of the coins are going to whales. you really want that distribution?

airdrops are complicated. you need a large databank with unique registrations.

the only airdrop working is giving every adress the same amount of coins.

you could announce the registration 12 hours before the airdrop with a google document service (so your network is not breaking down) which takes a certain amount of time to fill out and an ip number lock up per every registration.

you have to prevent big whales taking over the coindistribution, otherwise it will be a broken coin. everyone will say, this coin is to avoid because of distribution to big whales. almost every shitcoins distribution is going to big whales and no one is trading them because of that.

the other question is, if you want to give 90% of your coins to whales, so they make BB bigger. But moralistic is that not.

There will be whales whatever you do. So don't fight them because it's useless but use them and put them on your side.

This argument does not hold water.

Produce a POW coin with fair launch protocol and then token swap on exchange later.

Even in the ICOs the whales have to risk BTC for the new tokens. In this way the Whales risk nothing and still get to be whales in the new alt ..so it is even worse than an ICO. Also it starves this project of btc and give opposing project that BTC whilst giving them incentive to crush this project whilst liquidating BB into BTC to feed their project. How many levels can this be a bad idea on?

POW with fair launch protocol trumps ICO's on here by mile and ICO's trump this method of initial distribution.