Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
afbitcoins
on 08/11/2017, 23:32:22 UTC
In terms of byteball airdrops and effect on price I would expect that skipping the airdrop for a particular month, equating to less supply that month, should tend to boost the price, just by normal supply versus demand dynamic, although that didn't seem noticeable in the last skipped air drop month.

I can imagine that 'slow' dripping of byteball into the market by these airdrops though, is prolonging  uncertainty and aggravated by the fact that Tony has ultimate control over when to airdrop and when not to and to change the rules at his whim. This airdropping is the equivalent of central banks tinkering with money supply and no different here really.

Part of me, in a very gung ho way, would like to just dump all the byteball onto the market in one huge load to byteball holders according to the amount of bytes they hold (not bitcoin holders), without pre-announcing it. This unexpected windfall would cause huge waves. But at the same time, in one quick shot remove all the prolonged uncertainties about distribution. Like ripping a plaster off quick is better than peeling off slowly.

Thats what I'd like, then we can get on with using byteball.