Frankly, Byteball's falling price seems to have no end in sight. Don't get me wrong I'm bullish on Byteball and the tech it will deliver. But I'm beginning to wonder if airdropping bytes to Bitcoin holders was a wise decision. After all, many of the largest Bitcoin holders are maximalists. To those who don't know what a maximalist is; they believe that Bitcoin is the only true cryptocurrency and all the rest are just scams to extract BTC from you.

With that mindset, it's easy for them to sell their GBYTEs since they don't care about it anyway.