Fair Initial Distribution???
I found this offer for free byteball crypto's (i.e. Blackbytes) suspect. I wondered how the price for this crypto could be around the $700 mark, when there are other crypto's with just as good, if not better, technology behind this. I wondered if the input of sending your bitcoins for Blackbytes was just pumping up the price?
I'm here even more concerned in that for sending around $3.50 USD worth of my Bitcoins, plus the $1.50 mining fee, that I got a message back saying that they are seeing that I own Zero bitcoins, which means no free Blackbytes for me and I've just lost $5+ USD. This then offers a web page to look at the reason why it is showing zero bitcoins, of which helps little. I've got 2 bitcoins in my wallet, not zero bitcoins. There is no message for to help you otherwise and this lends to the potential further loss of leading to getting you to have another attempt - no thanks. I've sent an email requesting help on this, but to date have not gotten a reply. As far as I'm concerned this marketing ploy is a pump on the price of this crypto and I've been ripped off i.e. this is a scam. I'd be interested to hear from others regarding if they have had the same thing happen to them?
Hi Ted. The issue you have, is, I believe, related to how bitcoin works. You had your two BTC in your wallet's address and, as instructed, sent a small amount to verify your ownership of the address as instructed. However, due to the way bitcoin works, your bitcoin, less what you sent and the fee, got moved to a "change" address in your wallet. So you still have your BTC but it's not showing for byteballs because it's no longer in the linked address. You need to send your bitcoins BACK to the address you originally linked.
You are wise to be cautious with crypto, there are lots of scams, so far, this has not proven to be one of them, but there is always a possibility.
The price appears so high because there will only ever be 1,000,000 Gbyte which is what is traded on the exchanges.
I hope this answers your questions, good luck.
Thank you.
Thanks. My Jaxx wallet is showing -0.001455 with mining fee of -0.000678. The transaction for this is showing sent to the address which Byteball specified. The address which I provided to Byteball for this transaction, which Jaxx originally gave me to say was the address of where my 2 Bitcoins are stored, is as of today, showing a different address. Your words of "got moved to a "change" address in your wallet. So you still have your BTC..." sounds like its somewhere still in my Jaxx wallet on my computer? I really wish, as I would try to send it again, if I could see this. As of today, my Jaxx wallet is definitely showing a final balance of 2.06426730 from the original 2.0664003 prior to having the 0.001455 & 0.000678 figures deducted and sent to Byteball. From this, I'm not understanding how to "send your bitcoins BACK to the address you originally linked"? I really don't understand this, please help. When and how the address that I provided, from what the Jaxx wallet said was the address of my 2 bitcoins and I gave to Byteball, to what the address is as of looking at my Jaxx wallet today, I don't know.