Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
LoyceV
on 19/07/2017, 17:46:22 UTC
I think byteball only has two possible outcomes: either massive selloffs happen and development stalls and  byteball settles in at $50-100 as forgotten coin or it moons and hits maybe 0.75 btc/gb or even btc parity and becomes a top 3 crypto (Bitcoin, Ethereum and Byteball).   Thats my humble opinion.
Your humble opinion is wrong Tongue
IF Byteball becomes #3, it has to kick Ripple down. That currently means a Market Cap around $7 billion. With a maximum of 1 million GBYTE in circulation, that means $7000 per GBYTE. And that means 3 BTC/GBYTE, 4 times more than the 0.75 you "guessed".

Once the distribution has been finished the dumping also ends, byteball will begin to take off and will never look back.
I like to think of it this way: Tonych created Byteball, and so far he's done a very good job in creating a. value and b. a working product. Tonych owns 1%, which has been worth more than $9 million, and is currently worth $4.8 million. Considering how well Tonych did so far, and what stakes he has, I can only imagine he thought this through.