Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
WorldCoiner
on 08/02/2017, 11:35:42 UTC
for every 1 invested BTC I will receive 6.25 BYTE? Did I understand correctly?
For 1 linked BTC (because you don't invest) will receive 62.5 MB (Megabyte) where 1 MB = 1 000 KB (Kilobytes) = 1 000 000 byte.
For each byte you have, you will receive 0.1 byte (+0.21111 blackbyte if your bytes are on linked byteball addresses).
What is traded for the time being is GB (Gigabyte) where 1 GB = 1 000 MB. For the time being 1 GB trades for around 0.08 BTC.
So if I'd bother to sell some alts in order to link say 5 BTC I'd get 312,5 MB (0.31 GB). This would be currently worth...0.024 BTC (~$24). Correct? Quite a modest amount but perhaps it might be worth it.

If you need this amount of money, sell it right away. If you don't, just keep it and forget about it.

...anyone who does not connect his BTC must be totally stupid...
Truth is, you get a dividend of 0.5% as Bitcoin holder. If you were a whale with a million $ plus in BTC, would you really care and mess up your super secure cold wallets, just to get a 0.5% dividend?

True, that's exactly what all the Bitcoin whales that I know told me.
They don't want to mess up their cold wallet for a little dividend. Plus there are risks involving moving their BTC to a hot wallet, making transaction and installing a third party application they don't fully trust.
The risk/reward is not worth it for them.

Well I hope very strongly that these People (super wales) stay away. But I also believe that these wales prefer to play golf. Wink

I can tell they like to ski in French Alps at this time of the year.


superrestiant, as an Nxt-Initial-Investor and IOTA-ICO-Investor, aren't you now a Bitcoin-Whale as well?