any news about to resume the Byte distribution for WCG?
If the distribution continue in dollar terms and unlimited bytes per day, there is a potential for further price erosion because there is no cap on bytes distribution.
However if the distribution is cap in bytes per day, the distribution will become profitable overtime organically.
This new model of distribution bytes in dollars terms without cap is hurting the price in top of the lack of liquidity because of lack of exchanges.
If the byteball price continue south you ends up distributing more bytes, and if the bytes distributed hit the market the price will depreciate even more, then the next day the distribution of byte will be more, and so on...
I am not against airdrop, or any distribution method. But the amount of bytes distributed per day and years should be a fix number.
Potentially or theoretically all remaining bytes can be distributed in one day if the price of on Gbyte is 0.1 dollar.