Ninjastic
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Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Michail1
on 17/09/2017, 00:17:37 UTC
Quote from: co0ler on September 16, 2017, 11:30:28 PM
Quote from: ePesoInitiative on September 16, 2017, 10:45:52 PM
Quote from: wwzsocki on September 16, 2017, 09:05:59 AM
Great news, I think price is at bottom    Cool

From few pages I don't see  Shocked any price related talks and people crying Cry about this drop.

So now is time to buy back our cheap train tickets to "tha moon".  Wink

 Cheesy Grin Tongue


The price drop is mainly about supposed IOTA bug, which happens to be similar to Byteball they said. So the big holders were spooked and sold to minimize risk to capital. The price will recover once this issue is laid to rest.
It doesn't affect Byteball. From what I heard, even the hashing function is different.

That's correct; however, the holders don't know the details.  They (not all) only know that IOTA and Byteball are both DAG.  So, understandably can assume both are affected the same way even though they are not.
That said, I don't believe the IOTA bug is the cause since ALL cryptos (yes, bitcoin too) have taken a very big hit over the last couple of weeks.