Quote from: ByteFan on June 19, 2017, 04:22:29 PM

Quote from: Ted_Nugent on June 19, 2017, 04:14:53 PM

Quote from: ByteFan on June 19, 2017, 03:40:56 PM

Quote from: Ted_Nugent on June 19, 2017, 03:27:03 PM

Quote from: wry on June 19, 2017, 02:36:47 PM

Quote from: Ted_Nugent on June 19, 2017, 01:12:11 PM

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.

Send your whole wallet balance to *your own* BTC address. The address which belongs to you and that you have linked to the transition bot.
That is to say: tell your wallet to send all your bitcoins to your "main" bitcoin address and then dont' send no bitcoin nowhere until distribution.

Thank you. I think I've got it now. I used the "Current Bitcoin Address" on the main Jaxx screen, verses going into looking at my bitcoin keys and seeing exactly where my bitcoin coins were located i.e. its public key. Now when I go into looking Jaxx-Tools-Display Private Keys-Display Bitcoin Keys > then go down the list and find which one of these sections has the bitcoins stored at (as all others show zero bitcoins, including one that now has the address that Bytecoin knows about i.e. that I sent them.) I see it's public and private keys. You are saying to make another transaction and send this to the address which Byteball has. Okay get it. Wondering how much the mining fee on this is going to be? I'll have to check.

I'll have to check in that I'm somewhat aware of the issues in relating to MB's to $. The maths on this that Byteball provides is confusing to me at this stage. Can you tell me what 2 bitcoins on the next full moon translates to in way of Blackbytes offered free? If let's say today was the full moon free Blackbytes offered, what would 2 bitcoins mean even in $USD ?

Check https://byteball.fr/BBdistribution.php to see how much you will receive then divide by 1,000,000,000 then multiply by the GByte price in $

Then bring your friends in the party.

Thank you.

These are the figures I now have to work with: ?
1) 62.5 x 2 (bitcoins I own) / 1,000,000,000 x $775 (current GByte Price) = $0.000096875 (something strange here)
If I take 62.5 as 62.5 million, then it looks like I"d get around 96.875 USD? Better but ?

Also:
2) The snapshots of Bitcoin blockchain and Byteball DAG for the 7th round will be taken on the Full Moon of July, on July 9, 2017 at 04:07 UTC. What you receive, is proportional to your balances in BTC and Bytes:
BTC to bytes: 1 BTC of proven balance gives you 62.5 MB (0.0625 GB)
BTC to blackbytes: 1 BTC of proven balance gives you 2.1111 * 62.5 million blackbytes (money supply of blackbytes is 2.1111 times more than that of bytes)
Bytes to bytes: 1 byte on any Byteball address gives you 0.2 new bytes
Bytes to blackbytes: 1 byte on linked Byteball address gives you 0.42222 blackbytes

I'm not getting "bytes" in all of this. I mean BTC = Bitcoin, Blackbytes = Byteball currency, but Bytes ? and how this then goes to MB as a multiplier i.e. x 62.5 MB.
Next, I have 2 Bitcoins, so 2 x 2.1111 x 62.5 million Blackbytes = 263887500 Blackbytes at $775 = $204512812500 USD = I just bought the USA? OR is it 2 Bitcoins I own gives 2 x 2.1111 Blackbytes? Sounds crazy also?