Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
Marc De Mesel
on 09/03/2018, 09:08:40 UTC

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.


There is no problem with short term decision making, unless it is at the expense of long term.

People bitching and whining give no shit about Byteball's long term prospects and were in it mostly to dump on the predictable pump airdrops caused.

It would have harmed the long term success of Byteball to do another airdrop blowing many coins with little adoption to show for.


Your logic that the supply will be increased now as they no longer go to existing byteball holders is correct.

But if you use this supply profitably, ie: you give less coins to someone than the value they add to the network, the value of your bytes will go up with every transaction.

Getting tired of the false argument you and many others are continuing to make.