Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
xlcus
on 01/03/2018, 06:42:44 UTC
It is clear that Tony can manipulate the market price of byteball with his own announcements.

He can buy in the market, then announce a good new, pumping the price and then sell his byteballs just before announcing bad news, to buy again lower.

This is not serious and makes me not to believe any more in this project and so I have sold my byteballs. Not interested in beeing a holder any more.


Your questioning on Tony is no sense. He, as the owner of the Byteball, can reserve more for development. No need for manipulation of the price with your "method".

I am also not happy about the change of the distribution method, as I bought some Byteball months ago for obtaining the new rewards.
However, I still believe in What Tony are making effort is good at the future of Byteball.

Hold my Gbyte, anyway.

He can do this as he has total control of 40% of the supply. That is fact and reality, no escaping it. I'd 'like' to think he's a good guy and won't sucumb to temptations (the very fact he has stopped lunar airdrops is worrying in that regard). However I'd prefer to just get the distribution done and get on with using a decentralised byteball and not worry about what Tony might or might not do.  That goes for decentralising the witnesses too.
Yep. I don't know why I FOMO'd in so quickly to this coin. I surely would take it back and wait till it became decentralised before I invested.

Earlier is better than later. That is what I get lesson. When Raiblocks were nothing, I bought a lot, but sold all of them and waited for the close end of the distribution.
Then I missed the rocket.