Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 19/07/2019, 22:54:55 UTC
you have no funding anyway, good luck searching for enthusiasts

What are you talking about FUDster? Just because we didn't do ICO doesn't mean we don't have funding. Did you even read any of the announcement posts or you just spread your FUD without even reading what the update was about https://medium.com/obyte/obyte-autonomous-agents-developer-contest-6a67ae3dacd2
check gbyte price, your coins almost worthless. What about talented developers developing really necessary things and not useless crafts? We are sick of it.


$16.159.762 is almost worthless?  Shocked You must be rich as f... if you consider 16 million dollar worthless.

But besides that: What are some "really necessary things" that a coin needs, that this coin does not have? Note the difference: That is necessary for a coin, not a thing that you want to have!
1. cap != money, cap = latest price x supply
2. obyte team don't own most of this supply
this coin does not have use case, investment attractiveness, decentralization

There is still around 30% left to distribute (over $6m) and 1/3 of that belongs to Foundation https://stats.obyte.org/Top100Richest.php
If Obyte has been able to build that much with past 3 years (2.5 years of running mainnet) then the possibilities are endless if the community actually starts developing too, not just sitting on their balls and waiting for the price to pump.
Obyte role is to build the architecture and the tools, it is up to the community and businesses to build the services with the tools that is given to them.

You just answered why you got burn with investing, you are not investing in potential, you are investing when there is FOMO or already established use cases, which is too late.
Kind of makes yourself pretty good example how not to invest, I am glad you are here so everybody can see how somebody who made wrong decisions acts after that.