Lessons I Learned Investing in Obyte (Formerly Byteball)

in #threespeak5 years ago (edited)

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In this clip from my recent livestream, I share the lessons I learned investing in Obyte, formerly known as Byteball.

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I remember they did a huge free airdrop for Steem users last year, I sold it all 😂

Posted using Partiko iOS

Yeah I remember. I didn't take it serious. I missed the airdrop though. Painful

Posted using Partiko Android

Some were locked up for a year and I lost my private keys for those but it’s only a few bucks these days 😅

Posted using Partiko iOS

Thank you very much for your teachings, friend, there is always something new to learn, keep on teaching the community :D

I misplaced my byteball wallet password...can it be recovered?

Brute force it? Could be possible, I don't have an idea how to set it up.

Chances are if you just got the byteball in the giveaway last year it's lost 80-90% of it's value since then, so maybe not worthwhile trying to recover

I think I have some bytes sitting about somewhere. Oh and I know that I have some stuck on an exchange.... that was annoying.

Bytes, useless bytes everywhere.

There is always two sides that we see; the brightest side and the dim side, but should be careful to select the brightest side. Thank you for your teachings Sir!

Never heard of Byte ball. Anything other than bitcoin is comparatively little risky. So these are lessons and thanks a lot for sharing this mate

If you ask me, byteball had promises really but they didn't have the right structure, the airdrop they did was definitely publicity for their token but they obviously ran out of ideas and it's obviously a failed project, there are some many airdrop out there and you need to be unique to stand out, byteball didn't do that

Really a very good opportunity. Your information is very useful, Louis. Thank you and have a nice day.

Yeah those bytes did help buy a considerable amount of steem at the time. Good times.

@louisthomas, Absolutely true, no users 👥 means no Working Product and we are seeing that, many projects are coming up with sound project models but people are not finding any use case in it.

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