Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
bcmine
on 17/09/2017, 16:28:37 UTC
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.

mainproblem:

byteball is not intuitiv, it needs a perfect easy gui for all the bots.

solution:

byteball need a bigger and faster working team.


time will tell.

Big team means big cost too, tonych did not hold for himself much. So it's not easy till someone come and work as voluntarily.

jep, from now on, the bytes should be given for free to merchants/buyers and people contributing as coders. the price will dump then more, but i think it will anyway. the chart is showing a bottom, which is going hopefully to hold. i think the next months are very important.