good to know that bitcoin linked address no longer get that much of gbyte in the 9th fullmoon lol
Reducing the distribution % from 20% to 10% will not stop the dumping after distribution imo , what byteball ball needs is more applications of the byteball infrastructure to make it mainstream, then the dumper would wish they didn't
1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss
2. btc holders airdrop has been reduced to 10% of what that used to be.
3. expect the next dump to be around 4-5% max
4. i would expect a considerable pump in a few days (maybe close to next airdrop) when btc holders start to collect byteballs to get some meaningful amount of coins.
1. the major dump comes from btc holders and not from byteball holders. this is because it doesnt make any sens for byteball holders to dump the price more than the 20% coins they got. their overall portfolio is then at a loss
Yes btc holders and portfolio managers may dump gbyte according to their investment plan and as well pick it up same way. the big money trade prospect per time, they dump to pick more up at the dip thereby increasing control on price, the airdrop somewhat mitigates that by incentivizing general public to consider byteball prospects and distribute price control.
the dump will stop, if new exchanges are added.
distribution rate of coin is more then +50% and growing, it should be easier to get listed on kraken or bitfinex