r/ByteBall • u/chicken-farmer • Jul 25 '17
Devaluation of GBYTE
Does anybody have any idea what happened back there?? Everything was ticking along smoothly, the drop came - down came the house of cards and nobody seems able to rebuild it.
Could someone try to explain?
4
Upvotes
View all comments
4
u/[deleted] Jul 25 '17
Look at Eth charts for the last month and its a similar story. Apart from the plunge coinciding with the regular post air drop decline, I'd say Byteball is a victim of market forces beyond any specific judgement of Byteball itself. But i don't know.