Can I get a quick rundown on Byteball?
a 500 - 700 dollars per coin... I mean really? Rundown now
There will only ever be 1million is why
compared to btc 21 million
is it worth it still? nah
nice just bought 100k
you own 1 byteball, you receive 0.2 for free each month until 1 mil coin cap.
Strategy 1: buy, hold, receive new coins
Strategy 2: buy right after the free airdrop because everyone is selling their new coins, sell one day (!) before airdrop while the price is very high
Sell everything before last airdrop, noone knows what will happen to this coin afterwards
>>2773168
It runs on Directed Acrylic Graph (which is like Iota) and its 100% premined. 1% goes to the dev, 1% goes to some weird place or something while the other 98% would be distributed to current bagholders and people who bothered to link their BTC address.
Its basically a P2P based "smart contract" (conditional) payment. So say I can make a contract with you to pay you 100 GByte if you nail a whore tonight and if you do, you can claim it. Or something like that.
Overall its a comfty and different kind of cryptocurrency than other PoW/PoS coins.
be me:
Invest 5 btc one day before airdrop
Sell old and new coins couple days after the airdrop for 4.5 btc because market bloodbath and some irresistible currency prices... Well at least I'm back to 5+ btc because of my new purchase.
The original idea was to sell everything for at least 6.8 btc, but this would mean to hold the coins for about 3 weeks till prices reach old ATH