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Showing 20 of 388 results by 8fold
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Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 28/12/2017, 19:23:19 UTC
Nothing's stopping ppl from buying/selling Eth being 700$+ a coin and trading with volumes over 10,000 BTC / 24 hours on the 3 top exchanges. Byteball can do the same just as it is.

700$ you say? What would be the price of a GBYTE if it has the same market cap as ETH?

I'm talking about trading volume, not mkc. You're not on the same page. Other than that, I'm sure you already calculated what the price/gbyte would be at ETH's marketcap, which would be around 70,000$/gbyte when circulating supply reaches 1M.  Bitcoin is nearing 20,000$, Who says Byteball can't do it, it's packed with more features, and a faster network than bitcoin.... so why not  Cool

I have quite a lot of arguments for you... But I value my energy, it's my most precious asset. I'll say just this.. BRAND recognition. You cannot compare Byteball, as a brand, with Bitcoin. If Bitcoin would have sold in "bits" (1bit = 100 satoshi) instead of whole bitcoins, we'd probably be seeing a higher marketcap.

I've spoken with tens of people who are new to crypto-space, and most of them (i'd say 8 out of 10) initially tell me "this is cheap, this is expensive" based ONLY on price per unit.

There's actually a marketing science applied to price-tagging. Why do you think most of the prices you see in stores look like "$99.99" or "39.99"? Because most people think in the lines of "oh, this costs 90bucks, and this costs 30 bucks", when in reality it costs $100 and $40, respectively. Now this may not fool you or me and a few of the rest. But it damn works, and it boosts profits by 20 - 50%, based on industry.

I'm curious if there are actual concrete steps we could take on this direction. I'd be willing to put some effort into this.
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 28/12/2017, 15:29:32 UTC
What's so difficult with Gbyte units?  The coin's value is btc/gbyte, you'd end up dealing with larger numbers using MB and smaller fractions of btc when trading... and some exchanges  have a minimum btc value for trading, (Trex is 100k btc sats) minimum per trade.

But if this is changed to Mbyte, where right now 1 Gbyte = 0.05 BTC,   

Then

1 Mbyte = 0.00005 BTC


Why is this better?



dont get it either. psychologicaly its making no difference, because you get all this millions of bytes anyway

What???!

Wait a minute.. Let me say again... What?Huh What do you mean psychologicaly no difference?!

There are a lot of people I know in real life, who, exposed to this, will invest in what has a small price per unit, regardless of total monetary mass (the number of units in existence). You are not .. just wrong with that affirmation, you are way off!

The argument above with "1 Gbyte = 0.05 BTC" being better for trading compared to "1 Mbyte = 0.00005" is not convincing either, because the average trading size per position is around 1-2GB's anyhow (I'm speculating here based on common sense)... and there are make tokens/coins/cryptoassets with a unit price of around 5000+ satoshis and people have no major problems trading that... Also, the average joe doesn't daily trade.

One extra argument for the price denomination cut (from GB to MB) would be that standard stock market is used to splitting shares, in order to keep prices in around the same area (of two to tree digit price).
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 27/12/2017, 15:09:29 UTC
> 600 $ is cheap? what is the maximun it can be? roadmap?

thx

I've posted a suggestion earlier. It's getting ignored. The price in coinmarketcap and on exchanges should be denominated in MB, not in GB. $600 + is expensive, and ms cyborg here is just one of the few who (unfortunately) think like this. But $0.6 for 1MB is cheap!! Ms Cyborg and others like him would definitely buy 1000MB at $0.6 / MB, rather than 1 GB at $600 / GB.. which is expensive!

So... how can we list BYTEBALL in $/MB.. this will do wonders for the adoption!
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 26/12/2017, 14:19:41 UTC
Could we somehow relist Byteball on coinmarketcap with the MB denomination and price... instead of GB price? A $0.8 price / MB is easier to wrap head around .. compared to $800 / GB.. Not to mention the pshychological barrier of large numbers.
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Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
8fold
on 30/11/2017, 17:13:10 UTC
what the hell is going on with ETH withdrawals ?

More than 2 hours and still processing

never experienced that, not even more than 10 minutes for eth, anytime, anywhere

Yep. Me neither.. Had to wait for 16+ hours till I received the ETH. See this thread for more details.
Hope you got yours in time and did get too stressed.
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Topic
Board Announcements (Altcoins)
Re: [ANN] RIALTO.AI Cryptocurrency Arbitrage and Market Maker ★ OFFICIAL THREAD ★
by
8fold
on 24/08/2017, 07:54:05 UTC
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 08/08/2017, 17:17:11 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [vSLICE] ★A Profit Sharing Token for vDice★ [ProfitContainer is Deployed]
by
8fold
on 08/08/2017, 07:25:05 UTC
Could somebody please provide me with a step-by-step guide on how to withdraw your ETH profit during a locked period?

A while back I found instructions online, however this site doesn't work anymore.

Thank you in advance!

The process is very simple. You need to tell the ProfitContainer smart contract to send you your share of the profits. For that you technically send a transaction, with 0 ether, and an instruction (provided as additional data) to withdraw profit to your address.
Send a transaction with 0 ether to 0x51FFC1b089392a5bb65BF24EAf04d07D0e6F88B5 (that's the ProfitContainer smart address) and enter "0x2ebec916" into the data field (without the "" ) . I recommend to set the gas price to 1Gwei, as it is sufficient and gets the job done cheap. Enjoy your ether!
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 19:54:44 UTC
The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!

Wow great! Now noobs are sure they can sell off . OMG

Sell off what? The distribution has not happened yet. Smiley

He means they can sell off the bytes they received from the prior distro (or bytes purchased simply to get the 20%) and still get the bonus.

Oh, yeah, that makes sense. Smiley
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 19:45:51 UTC
The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?

Yes.

Block 479537 was it  (UNLESS there is a reorg.  Enough blocks have happened though to prevent even this issue as well).


Wow great! Now noobs are sure they can sell off . OMG

Sell off what? The distribution has not happened yet. Smiley
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 19:35:51 UTC
Thank you!
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 19:32:33 UTC
The snapshot for round 8 has been taken: block 479537.

Byte distribution will start in a few hours!


Isn't it influenced by the eclipse? Cheesy

Is this an official confirmation?
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 19:09:32 UTC
I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?
Why should it not be safe to send BTC to Bittrex? This question is really stupid. You should trust in crypto coins.
My bad. It was in the context of the current snapshot of the distribution. If the snapshot has not been taken, it would hurt for me to move the coins (safe). Smiley
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 18:55:56 UTC
I want to send BTC to bittrex to buy some Gbyte. Is it safe to send?
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 07/08/2017, 18:35:12 UTC
Where can we see the confirmation that the snapshot has been taken? Thank you!
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 06/08/2017, 07:48:50 UTC


I bet it was a change address issue, he's new to this.



You'd lose the bet. I provided a signature.

http://transition.byteball.org/ reported the wrong BTC amount. It reported the exact incorrect BTC amount that blockr.io is still reporting.  For some reason, after exchanging messages with Michail1, the correct amount is now reported in the table.

Conclusions:
1. blockr.io is unreliable (i can provide evidence via PM)
2. http://transition.byteball.org/ has some issues in reporting the BTC amount and byteball distribution percentage (as in the first 30 minutes after communicating with the chatbot in the byteball light wallet the incorrect amount of BTC was shown - same as blockr.io is still showing, and after that, something happened that the correct amount was shown - I don't know whether it has to do with Michail1 or it is pure, bizzare coincidence)


Bio: I graduated Computer Science and I've entered the cryptospace in the spring of 2013, so I'm not new to this. Smiley
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 06/08/2017, 07:17:04 UTC
Hi! The http://transition.byteball.org/ reports incorrect BTC balance on my address, because it quotes blockr.io. Is that a problem for the distribution?

I doubt the wrong amount is quoted; however, no one can help unless you provide the address.

Tell me the address and I will confirm it for you.  Smiley

And YET it is the wrong amount. I'm not new to this, you know...

And yet, no one can help without knowing the address.  I would like to see the wrong amount to prove you right.  Smiley

PMd.
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Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 06/08/2017, 07:12:22 UTC
Hi! The http://transition.byteball.org/ reports incorrect BTC balance on my address, because it quotes blockr.io. Is that a problem for the distribution?

I doubt the wrong amount is quoted; however, no one can help unless you provide the address.

Tell me the address and I will confirm it for you.  Smiley

And YET it is the wrong amount. I'm not new to this, you know...
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
8fold
on 06/08/2017, 06:54:36 UTC
Hi! The http://transition.byteball.org/ reports incorrect BTC balance on my address, because it quotes blockr.io. Is that a problem for the distribution?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [vSLICE] ★A Profit Sharing Token for vDice★ [ProfitContainer is Deployed]
by
8fold
on 12/07/2017, 05:35:38 UTC
is there anywhere that says how much profit was in the container?
is there anywhere that says how much per vsl?
can anyone tell me so that i can make an informed choice of whether to invest?
seems a bit hush hush to say input your address and just pray you have earned enough

Vslice is still in early stages. There is little profit to be made at the moment. If you have VSL, and the tokens state is locked, you can check the profit for your address here: https://epoch.vdice.io/
This is the 3rd or 4th epoch so far, and the profit container gathered less than 50ETH each time. This amounts for less than 0.1% monthly ROI.