exchange got hacked and 500mio xem are stolen, XEM -13,5% .... BitConnect is Scam, BCC -6% ... Byteball all ok, GBYTE -15% ... such a bullshit, no words!
that's because price is in Gbytes... That means visual high price >> so low trading volume >> empty order books >> high volatility >> scares off other potential investors etc....
This should really be priced in Mbytes..... more people will step in >>> order books get filled >> more volume >> more exchanges >> more potential investors
This indeed is one of the most silly things I have ever seen and makes me wonder bout the sanity of all these so called investors who wander around the crypto space. This is the lever of the population of cryptoland. They don't think. The react at prices without even looking at supply and/or what the hell they are buying. A quite scary environment for any serious investor...
The question is if Byteball should cynically exploit that and switching to Megabytes on exchanges and CMC or just not caring at all, thus selecting an user base of better quality.