Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
I would be up for a signature campaign!
By all means. Sell your hymen, your reputation, and your self-respect for a few measly shekels.
Oh. I see you already have.
Heh. Glad I don't have a hymen.... I'm safe, right?
The moralistic grandstanding continues.Quote
Interesting to see that the price has dipped as usual following the airdrop even though it didn't rise much this time.
Only 13% more - so far. Of course it's tanking. All alts are tanking. Everyone jumping out of alts to buy bitcoin simply because of FOMO. Not only is bitcoin jumping, but people want the forks.
True. The longer I'm in the crypto world the more I realize great tech, a working product and an active dev (team) does not necessarily translate to price on the market.
We've finally got our last airdrop and price dump is not a surprice at all. This project made us understand that airdrops are not good for coins, and especially when it is more than once. Byteball is a good example for the future.
It's not like ICO's (or "token/membership sales" as some now like to call theirs) are any better. Aside from the legal issues it incurs, there's nary an ICO'd token/crypto that doesn't dump to below the ICO price following a listing on an exchange and a place on CMC. The coins have to be gotten into the hands of the public somehow.
Besides, I've seen at least 3 airdropped projects try to handle this somehow. Someone has already mentioned Bitcore (the most similar to ByteBall) which distributes it on a weekly basis based on how much you're holding and other than the price spike today most likely caused by a fat-fingering, the price has, on average, been trending upwards since they started in April. There's also Hawala (HAT) which bans anyone caught dumping after the airdrop and Elixir which similarly increases based on your holding even though it was a one time thing (the FUD it received due to CMC's sloppiness didn't do it any favors).
But like I said above, "[t]he longer I am in the crypto world the more I realize great tech, a working product and an active dev (team) does not necessarily translate to price on the market". Case in point: Bitconnect/eBTC vs ByteBall/LBRY.