Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
CryptoRobert
on 07/09/2018, 10:33:20 UTC
I think Tony should burn the remaining undistributed bytes.
I don't agree. Look at Stellar Lumens for example, another coin I received through airdrops. I got them around the same time as the Byteball airdrops, and both coins had about the same market cap.
Stellar went up, Byteball went down. Stellar's market cap is now almost 100 times larger than Byteball's market cap, while less than 20% of all XLM has been distributed.

All Byteball needs to do is "catch on", and it can easily go 100x or more. But since I've been hoping for that, only the opposite has happened.
Undistributed funds that can be used for promotions are still an edge.

Totally agree on this. And I would add that there is nothing worst than taking decisions ONLY based on the purpose of rising the price of a coin. Nothing worse, I repeat. By definition they would be destined to fail and they would only harm a good project. Of course, before failing, they would possibly give a good pretext for a pump&dump scheme where the people who pushed for the "change" would immediately dump their now "precious" coins on the rest of the community.