Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Coiner_
on 07/08/2017, 13:18:04 UTC
The guys who are dumping right now maybe didn't get this  Grin


For the next distribution on September 6, we are changing the ratios in favor of Byte holders and slowing down the distribution to have more time to build out the cashback program:

BTC to Bytes: every 160 BTC gives you 1 GB from the distribution (or 0.00625 GB per BTC).
Bytes to Bytes: every 10 GB of existing balance gives you additional 1 GB from the distribution (in other words, +10% to existing balances).

Similar ratios for blackbytes.
It's a good reason to dump now.Price will fall as they will be decreasing the distribution amount from next time.
Example:
Every 1 btc holder now gets 0.0625GB = 0.165×0.0625=0.0103125 BTC
From next distribution every 1 btc holder will get 0.00625GB=0.165×0.00625=0.00103125 BTC

Good to dump now Grin

Not really though. All you need to do is buy GB and like always, you'll get more profit having GB than linking a BTC address.