Quote from: Marc De Mesel on March 07, 2018, 10:25:48 AM

Quote from: afbitcoins on March 07, 2018, 12:28:55 AM

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Awesome to see Bitcoin legends like you, BurtW and dooglus particpate here!!! Grin

Agree that Dash did an amazing job with their platform where anyone can propose to do/create something, and coinholders can vote on it, in decentralizing the power more and engaging the community very well in building and getting things done.

Indeed there is one crucial difference in that Byteball has limited supply whereas Dash his supply is replenished. Still inflation in Dash goes down, so it is replenished less and less compared to value of the project. Byteball could also do a gradual lowering of funding such an initiative and still keep it going for many years.

I personally think that cancelling the March airdrop for Byteball holders was the right move. It replaced people that held bytes for mainly short term gains with more long term thinkers who can see the benefit of cancelling the airdrops to byteball holders for good.

One should be very careful to celebrate people leaving the project, but Byteball due to it's 'free' airdrops had attracted way too many people only in it for a quick buck, complaining constantly about more marketing, change name, change unit of account, more exchange listings etc, while doing themselves nothing productive for the project. Think the project is better off without them.

Let's build this into a diamond.

Thanks for your reply. I guess my last couple of posts were quite a daunting block of text. So I appreciate you taking the time to respond.

I disagree about the March airdrop though, I consider it a PR disaster. Also I don't see anything wrong with short term gains if thats what one wants to do with their bytes. Not what I was planning to do, I'd have HODL'D but still I see nothing wrong with it. The whole point they would have been in circulation which is the entire point. Free market. I can speculate that many who sold might have kept byteball on their radar, and one day might have bought back in at higher prices. Whos to say?

For those with a longer term interest they now have to factor that holding for long term now means you can't count on benefiting from any of the new methods of airdrop but you can count on the supply being increased by 40%. You can't know the timeline for this though. The reasons to hold longer term appear to have diminished, that is surely hard to deny.

Quote from: European Central Bank on March 07, 2018, 09:47:17 PM

Quote from: BTCWagering on March 07, 2018, 09:16:22 PM

The ID verification system JUST started. It is by no means a failure yet.

Airdrop is not quite the same as burn. An airdrop seems more likely to crash the price, but cause a wider distribution.

it's dead before it even got going. no one is going to go for it in its current form. it's an instant turn off. the fact you have to pay 8 bucks to total strangers each time and it may not even work is laughable.

even if you wanted to dump you would actually be paying to dump it by the time you paid for the ID and trade and withdrawal fees.

if it was glued to an existing system that had already ID'd people then it would work. exchanges are the easiest way. useless for onboarding real people of course. social media accounts is the next one and that should be explored, not this.

Yes its pretty dead or at least hasn't been a roaring success. Although there is nothing sinister about it (that I can tell), it is far too easy to think that there might be. Especially to an audience of crypto nerds. Its an edge case feature which may one day be useful but currently has no use cases (that I know of).

I think its been another PR mistake incentivising the ID verification. Its too easy to create the wrong impression and I guess that its glitchy and sometimes fails isn't good PR either.

I thought byteball had a new PR guy?