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RE: How to do good for doing good???

in #boinc6 years ago

It's not a matter of rewards but practicality. There is no point of earnings if there is barely any exchange volumes or even exchange support. This is the second best option Gridcoin for an example:

The tech behind coin is old. No merchants. No marketing. No Budget (as opposed to Dash which had 10 million USD per month at its peak) I see the recommendation to do both Byteball and GRC. But here is the thing.

You can choose Byteball as your team and earn extra 10% rewards. So the real question is "does extra 10% Byteball is worth more than GRC rewards I'm going to get?"

The answer is in the fundamentals. Just scroll down https://byteball.org and you'll see that it is the most advanced DAG listen on Coinmarketcap. The price is down 95% from it's high. You are actually paid in 1 USD worth Byteball per 100K WCG points. You are not paid in Byteball amounts. It's almost like buying a coin in the market while the price is low.

With the potential price appreciation extra 10% Byteball is going to worth more than GRC rewards. So select Byteball as your team.

Good Luck!

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Very well put, makes a lot of sense to me! It's a good idea to be in Byteball team as long as it's market value is abysmally low. But what when prices are up? Personally, I like to distribute my portfolio into multiple coins though I agree that Byteball is among few DAG coins in existence today and GRC tech is old. But so is Bitcoin! But yeah, thanks for drawing my attention to Volume figures, that does make the case for Byteball strong.

And I wasn't aware that Byteball team is paying 10% extra on a regular basis for staying in their team. Too many things to calculate for 😊
Thanks a lot for your input!

I did the math and found that for 2 oct 2018 you could receive 0.162 satoshi per WCG point when you in Byteball team, and 0.152 satoshi per WCG point when you in Gridcoin team (0.1478 satoshi per WCG point for Byteball, 0.0045 satoshi per WCG point for GRC). So yes, @vimukthi is right.

Thanks for doing the math.
When you add the fundamentals behind each coin, things will look even better. There are already so many working smart contracts on Byteball and the UX is pretty damn good.

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