Great project technically sadly silly initial distributional method.
BTC whales are cruel masters but the project has such potential eventually their manipulation will become weaker. hodl in tough times.
chopping the top 2% of btc wallets without announcement on the first drops would have helped a lot.
I think you should take a look at the top 500 addresses.
Most of them are still within the top 500.
https://byteball.fr/Top500ByteballRichest.phpMeaning, few whales dumped for profit (and those that did are welcome to do so). I know, because I watch the list to see where I move around based on others buying and selling. I am on the list (maybe even a few times), but I have never sold a single byte that I received from the distribution (although I've given plenty away for free myself).
People who had bitcoin and held them should be entitled to something. They've proven they are in crypto for crypto and that they believe in it. People joining this crypto just to get free money are mostly those that want it free just to dump it.
I agree with you..... hodl in tough times. Watching the top addresses, you can see that most of them are doing the same thing.
Bytcoin is an exciting project to me, minus some of the distribution concerns, but i'm a crytpo nerd, i eat this stuff for breakfast.
Can anyone explain to me why someone who doesn't use cryptocurrencies would start using byteball over the far more established projects out there? The chat format is nice, but a chat program isn't really a draw without the network effect already in place. Who wants to convince their friends to use a new chat program.
Maybe bytecoin should team up with signal, an encrypted chat project which is open source. A kind of partnership with an established network if there could be a way to fuse the two could be a game changer.
This is not Bytecoin (that is a different alt). This is Byteball.
If you mean Bitcoin, well..... Bitcoin doesn't have Chat, Assets, Bots (gambling, exchanges, insurance, smartcontracts, etc) all built within the client.