when are we relisting the units as mbytes or bytes??
first bit of good news here for some time
this will have a good impact for the next bull run bringing in the next swarms of people that believe cheap random unit size is important and not looking at MC
We aren't. Where is all this FUD coming from? lol - this Pineappleexpress idiot has got you all spreading rumours
FUD?
how can this positive move requested by many in this community be fud?
I (and many, many ,any others) 100% agree with you, its a common request from the community which clearly makes sense to do
For what is worth I am against that TBH, as I was against the change in unit of account from BTC to mBTC, bits or anything else.
There is no sensible argument for not reducing the unit size.
It has been demonstrated time and time again that gbyte resisted major noob investment due to the perceived expense of byteball. I must of seen 100 threads about why people decided on other projects with far larger market caps because they were cheaper and better value based on unit size. The fact they are misguided did nothing to boost our cap and thus gain far more attention and financial support.
You will not please everybody when you change something like the unit size. There will always be those in favor and against. It will be up to the team to decide what course of action to take based on their analysis and feedback from the community.
There is no need to please everyone especially people that have no real argument for their view. UNLESS they are proven to be huge investors that will be leaving if things change. Even so a poll is the best way forward. ON THIS BOARD so we don't need to sign up to other crap to vote. We are all here lets vote on it here. Problem is now most byteball holders barely check the thread since it is something they probably want to forget they invested in at this point.
This isn't even all tonych's fault. At the start there was a high proportion of people here telling us all that his idea to knowingly give HUGE swathes of this minting to other ICO mangers for free was not an issue.
It is simple - a huge proportion of noobs are under the impression cheap per unit projects are cheaper and better value than high cost per unit projects regardless of cap.
This proportion went elsewhere in the last bull.
However this is not the only issue byteball has by any means. I think the distribution needs to be completed. You can't keep getting investors to invest based on x and then tell them it is now y. It kills trust. YOu need to find a way to make it more decentralised - 1 person controlling every single aspect is not what trustless decentralised projects are aiming for.
Having said all of that I can't stop myself accumulating more each week. Financial madness or a gem just biding it's time. We will see.