Price is only down like 70% since cancellation of airdrop. How can you not interpret that as a great success and ringing endorsement from the community of folks who already owned byteballs? Clearly price would have dropped like 90% if coins were distributed on full moon

I have published a paper about what I consider being design flaws when you look at how Byteball does (not) decentralize.

Open for comments.

https://medium.com/@prat486/byteball-move-proposal-831187509ed0

Everybody is whining about canceled airdrop, although it was pretty clear 2 month ago that it is not going to happen, instead of discussing a technology, how stupid is this! Meanwhile, the results of recent stress tests are rather disappointing. The DAG is perhaps a nice technology, but byteball implementation is only marginally faster than bitcoin or ethereum, which is still too slow to be practical, and it is centralized. Sort of worst of two worlds...

The last thing we need are 'investors' and 'people from outside' who only want to 'invest' to make a quick buck. They don''t bring anything constructive to the project. On the contrary, they'll pump the price to lure little investors in, only to dump on them and walk away with more fiat, leaving the project with a lot of bagholders and a tarnished reputation. Let's not make the same mistake soooo many other coins have made. Don't get played by the players.

the community feel bitter,i wouldn't be surprised if someone fork Byteball in the near future.

Dear Tonych,

There is much I was hoping for in your announcement,

https://bitcointalk.org/index.php?topic=1608859.msg30564528#msg30564528

and I love that you seem to be showing at least some flexibility with regard to Distributions as ByteBall grows.

But the Airdrop Issue has been handled clumsily with the potential to severely damage the ByteBall Platform Reputation and Community.

Please consider immediately issuing a release stating that one of the most important reasons for cancelling the Planned Airdrop was missed, and not mentioned, namely - The Cryptopia Situation.

It would after all be unethical and wrong for Byteball to go ahead with the Airdrop, given the potential loss of millions of Bytes from their rightful owners.
Doing this helps take the edge off the awkward and clumsy handling of the Airdrop Distribution issue, and not only saves from potential embarrassment, but also honors the previously implied Airdrop by having "one last drop" at a later time - once the Cryptopia Situation is made right.

It's a great compromise, and it goes a long way to not pissing off half of your community.

If you guys are really smart, you can turn this PR disaster into something really positive - potentially even a marketing coup!

Seize the day and promise to roll out upgrades to ByteBall that include a new and improved roadmap, and please make a commitment to help build, respect and value your community more. We need to feel that we are a part of this process.

ByteBall cannot succeed without a Strong & Vibrant Community - surely you realize this?

(Where is Eli? - did you not consult with him first before making this announcement?)

No matter... Given the circumstances, ByteBall Did the Right Thing when the Cryptopia Situation is taken into account.

.

UPDATE #1: Obviously adding the Cryptopia Situation to the announcement is a time sensitive thing that gets weaker with the passage of time - so far it looks like no one cares enough about the offended members of the community to do anything to help smooth things over - sad.

UPDATE #2: Some of you might find it interesting that I made a very similar post on the ByteBall bitcointalk.org thread which immediately got deleted by a moderator - no reason given.

Why was my post deleted? What was so offensive? Did I not make some valid points and provide a decent suggestion to manage the optics of the announcement?

As a sincere ByteBall fan who is only seeking the best for the project, I find this kind of censorship deeply disturbing.

Of course this is a terrible idea.

Tony does not seem to realise promising things then not doing them is a great way to destroy any trust in the project.

Best thing to bring some real investors here is burn the rest of the tokens

I do actually believe tony is distributing as claimed but even so it will take forever and meantime real savvy investors wont touch this project whilst 40 % are in the hands of one person who does not listen to the community at all and does what he wants when he wants.

burn the coins and stop begging and paying people to use it.

Still cant put any of my own real funds into a project where the captain gives most of it away to other ico managers willingly ... certainly not whilst that person has another 40% to commit financial suicide with.

Burn it all so I know this is the limit of the damage that can be done on a whim with no community consult.

set up a poll on here so we can vote on what to do this has gone of for far too long now.

Most of them if not all will require the Dev or one of the Devs team to apply for the exchange not a community member.

If you read through the instructions fully you should have noticed the warning that this process has to be performed from a single address wallet. It's not a scam, but it certainly doesn't suffer fools. No offence.

Your response is akin to saying... Why shouldn't I be refunded by the casino if the ball lands on Red when I put my money on Black?   I mean, I intended to bet on Black, so it should be considered a win even though it was my mistake for physically putting it on Red.   Just like all the people investing on known Ponzi scams working out great until it fails and then complain that they lost their money and want it back.  LOL.  If someone invests in something and it makes money, they are happy.  If they invest and it goes down, it's everyone's fault but their own and they feel entitled to get everything back.

ByteballJesus made a great video:

Jesus shames Roger Ver for sins against Bitcoin

https://www.reddit.com/r/Bitcoin/comments/7vwole/jesus_shames_roger_ver_for_sins_against_bitcoin/

Please upvote!

    

Reasonable users?   Ha!
Your response is akin to saying... Why shouldn't I be refunded by the casino if the ball lands on Red when I put my money on Black?   I mean, I intended to bet on Black, so it should be considered a win even though it was my mistake for physically putting it on Red.   Just like all the people investing on known Ponzi scams working out great until it fails and then complain that they lost their money and want it back.  LOL.  If someone invests in something and it makes money, they are happy.  If they invest and it goes down, it's everyone's fault but their own and they feel entitled to get everything back.

I like the rest of your paragraph.  You simply made everything up.   I don't see where the goal was to make things user-unfriendly - Please quote your source.
You also said Tony doesn't seem to care.  --- Please post where you came up with this far fetched idea as well.
Even better was your statement in which you quoted out of context.

Also, if you read the OP (Original Post) or even look at the website, you will see the next 'tentative' airdrop is in March.  I realize you are standing in line to get the free welfare check and complaining that there is no leather recliner to sit in.

There is no way to block 'kids' from investing or even trying to claim free tokens.  'Kids' can also be mentally slow adults.  I see a bunch of people complain about Byteball (and all other projects as well), simply because they have no damn clue as to what they're doing.  They read what they want and ignore everything else.  So, when they can't figure out how they just spent $8, they complain the project is at fault and ignore what the transition bot said.  It's simply amazing how many of those 'kids' have no idea what a change address is or how to move coins but actually have coins to even move (without having lost them).  Almost as amazing is how many of those people have $100 worth of coin and willing to pay an $8 transaction, but complain that they haven't received $1000 worth of free coin.  They just simply have no clue and almost no amount of coaching will every help them or even change their mind that something is good or bad, because they've already made the decision in their head that it can't be their fault for having not followed directions.

It is worth pondering why IOTA and Raiblocks scored much more users. They do not use propagation methods, for example, in Byteball. The best way to distribute and accept this is a large number of exchanges, as well as a demonstration of opportunities. When buying on the exchange, people get tokens expensive, and they value them more, a large number of investments attract not only speculators, but also users. Demonstration of scaling gives people to understand which crypto currency really has a future. Byteball makes two mistakes, ignores advertising and new exchanges. If your product is ready for use right now, and the number of users is small, you need advertising and simplify the method of buying crypto currency. Demonstration of scaling is part of such advertising, as it increases the confidence of users in the capabilities of crypto currency.

Will this mean that to conduct any transaction in the Byteball wallet (even transferring Bytes to an exchange) we will need to perform this KYC with Jumio?

Gbyte reached an important price in July 2017. From that moment that coin was neglected by everybody and the exchanges sold the coin mercilessly. Probabily too many airdrop and too many coin in the wrong hands (exchanges). Since november 2017 something has changed, the airdrops are almost finished, one of the last will occur next march 2018 and the coin is starting to be adopted by many people.