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Topic: BATA BTA ◈ OLD THREAD - NOW @ https://bitcointalk.org/index.php?topic=2297895.0 - page 67. (Read 283733 times)

legendary
Activity: 1624
Merit: 1000
https://bata.io
Let's get some buying happening or trading across all our exchanges.

We are at a low price now, across many exchanges, we are flying very low under the radar.

The problem is it is too low. The spreads are easy to manipulate due to small sell orders driving the price down.

If you are looking to purchase BTA, obviously you want it at the lowest price, but keep in mind things will soon change with releases coming.

Many have stated it previously, including myself, that BTA is at bargain prices right now.
legendary
Activity: 1624
Merit: 1000
https://bata.io
If you can see past all these "ICO's", which turned have brushed aside the fundamentals of a decentralized currency, then let's hear from you, better still actions speak louder than words.

One word "Securities" comes to mind and in the end all securities are regulated.

Relying on third party system cannot be the solution for any cryptocurrency.
legendary
Activity: 1624
Merit: 1000
https://bata.io
I have advised Bittrex of the update to whitepaper, as it looking like volume is not going to get us across the line.

https://www.bittrex.com/Market/Index?MarketName=BTC-BTA

There is a lot of BTA available to buy, anything between 2000 sats to 4000 sats is a great buy considering staking & Barter Market / System is on the way.





I received notification from Bill @ Bittrex that BTA will remain listed at Bittrex, but we need the volume to rise according to the daily Bittrex requirement by January:

https://bittrex.zendesk.com/hc/en-us/articles/202583874-Bittrex-Market-Removal-Policy-Updated-12-01-16

Happy trading.


legendary
Activity: 1624
Merit: 1000
https://bata.io
I have advised Bittrex of the update to whitepaper, as it looking like volume is not going to get us across the line.

https://www.bittrex.com/Market/Index?MarketName=BTC-BTA

There is a lot of BTA available to buy, anything between 2000 sats to 4000 sats is a great buy considering staking & Barter Market / System is on the way.



legendary
Activity: 1624
Merit: 1000
https://bata.io
the price is holding up pretty well considering the blood bath on all other alts, I have taken a few months off cryptos, but nice to come back and see this is surviving better than alot of other seemingly good coins. Will have to read back through thread to catch up  Smiley

It's good to hear from you again.

We have proven over time that BTA is here to stay.

Take a good took at what we are setting out to achieve and why it makes sense.

"Localisation" and "the sharing economy" are the key to success of trade and a Barter System that rewards users for trading real $Bata instead of company owned trade dollars has numerous benefits over current models.
hero member
Activity: 924
Merit: 1000
I AM
the price is holding up pretty well considering the blood bath on all other alts, I have taken a few months off cryptos, but nice to come back and see this is surviving better than alot of other seemingly good coins. Will have to read back through thread to catch up  Smiley
legendary
Activity: 1624
Merit: 1000
https://bata.io
Here is a glimpse of my proposal for the implementation of the BATA PoS model.

The blockchain will use the difficulty calculation - Dark Gravity Well v3 (DGW3) to adjust the staking reward. [...] There is a difference from most PoS type coins.  Most PoS coins use the difficulty to adjust the ability of a coin to claim a staking reward. [...] The Bata staking will have consistent staking intervals for coinbase of 1000 Bata or more, but will adjust the staking reward based on the difficulty.

The original target was to reward a 1000 Bata coinbase with a staking reward of 1 Bata after a 7 day period.  This type of stake reward would leave inflation unchecked, and could result in PoS rewards out pacing the PoW rewards increasing the coin supply too quickly. [...] A coin supply the expands too quickly, result in a deflation in the value of the coin.  If the new coins sit stagnant in staking wallets the coin supply does not generate or attract new value to the market value.  This is what occurs with the majority of now dead PoS coins.  Sitting in wallets staking and not much more, hoping for something of value to occur.

In order to provide a fair and even distribution of the staking rewards to most staking wallets, all while keeping inflation and the growth of the coin supply to support a growing trading/barter market the following model was developed for the stake rewards.


... to be continued in the white paper updates  Grin Grin Grin

pretty smart scheme, POS, I think that now the main role, in addition to investment, will play a justification of POS, its feasibility in specific designs, the benefits for investors, technical processing of a particular POS, it is important to choose POS by intentions and, of course, strongly to declare through advertising, negotiations, withpaper, conference


I think so too.

Keep tuned.
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
Here is a glimpse of my proposal for the implementation of the BATA PoS model.

The blockchain will use the difficulty calculation - Dark Gravity Well v3 (DGW3) to adjust the staking reward. [...] There is a difference from most PoS type coins.  Most PoS coins use the difficulty to adjust the ability of a coin to claim a staking reward. [...] The Bata staking will have consistent staking intervals for coinbase of 1000 Bata or more, but will adjust the staking reward based on the difficulty.

The original target was to reward a 1000 Bata coinbase with a staking reward of 1 Bata after a 7 day period.  This type of stake reward would leave inflation unchecked, and could result in PoS rewards out pacing the PoW rewards increasing the coin supply too quickly. [...] A coin supply the expands too quickly, result in a deflation in the value of the coin.  If the new coins sit stagnant in staking wallets the coin supply does not generate or attract new value to the market value.  This is what occurs with the majority of now dead PoS coins.  Sitting in wallets staking and not much more, hoping for something of value to occur.

In order to provide a fair and even distribution of the staking rewards to most staking wallets, all while keeping inflation and the growth of the coin supply to support a growing trading/barter market the following model was developed for the stake rewards.


... to be continued in the white paper updates  Grin Grin Grin

pretty smart scheme, POS, I think that now the main role, in addition to investment, will play a justification of POS, its feasibility in specific designs, the benefits for investors, technical processing of a particular POS, it is important to choose POS by intentions and, of course, strongly to declare through advertising, negotiations, withpaper, conference
legendary
Activity: 1624
Merit: 1000
https://bata.io
Here is a glimpse of my proposal for the implementation of the BATA PoS model.

The blockchain will use the difficulty calculation - Dark Gravity Well v3 (DGW3) to adjust the staking reward. [...] There is a difference from most PoS type coins.  Most PoS coins use the difficulty to adjust the ability of a coin to claim a staking reward. [...] The Bata staking will have consistent staking intervals for coinbase of 1000 Bata or more, but will adjust the staking reward based on the difficulty.

The original target was to reward a 1000 Bata coinbase with a staking reward of 1 Bata after a 7 day period.  This type of stake reward would leave inflation unchecked, and could result in PoS rewards out pacing the PoW rewards increasing the coin supply too quickly. [...] A coin supply the expands too quickly, result in a deflation in the value of the coin.  If the new coins sit stagnant in staking wallets the coin supply does not generate or attract new value to the market value.  This is what occurs with the majority of now dead PoS coins.  Sitting in wallets staking and not much more, hoping for something of value to occur.

In order to provide a fair and even distribution of the staking rewards to most staking wallets, all while keeping inflation and the growth of the coin supply to support a growing trading/barter market the following model was developed for the stake rewards.


... to be continued in the white paper updates  Grin Grin Grin


Thanks for the update.
I will spread it over the other forums.
hero member
Activity: 661
Merit: 500
We only want the FACTS!
Here is a glimpse of my proposal for the implementation of the BATA PoS model.

The blockchain will use the difficulty calculation - Dark Gravity Well v3 (DGW3) to adjust the staking reward. [...] There is a difference from most PoS type coins.  Most PoS coins use the difficulty to adjust the ability of a coin to claim a staking reward. [...] The Bata staking will have consistent staking intervals for coinbase of 1000 Bata or more, but will adjust the staking reward based on the difficulty.

The original target was to reward a 1000 Bata coinbase with a staking reward of 1 Bata after a 7 day period.  This type of stake reward would leave inflation unchecked, and could result in PoS rewards out pacing the PoW rewards increasing the coin supply too quickly. [...] A coin supply the expands too quickly, result in a deflation in the value of the coin.  If the new coins sit stagnant in staking wallets the coin supply does not generate or attract new value to the market value.  This is what occurs with the majority of now dead PoS coins.  Sitting in wallets staking and not much more, hoping for something of value to occur.

In order to provide a fair and even distribution of the staking rewards to most staking wallets, all while keeping inflation and the growth of the coin supply to support a growing trading/barter market the following model was developed for the stake rewards.


... to be continued in the white paper updates  Grin Grin Grin
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
I have put together a white paper that is in working progress.

More information will be added once we are getting closer to release.

https://bata.money/downloads/BataWhitePaper.pdf
Bata is a fork of bitcoin or is it a separate cryptocurrency?


Bata's source code is based on Bitcoin / Litecoin core, with modifications.
tested and proven Protocol, the waste, think with the technical aspects of the special problems will arise, people looking for something similar, in any case, pay attention to the BTA and will not have problems with either lack of technology or technical re-training, in addition to POS will attract serious investors and financial instruments will be provided
legendary
Activity: 1169
Merit: 1000
I have been contacted a member of the community how stated:

"You might have to put up your coins on the sell side to get bought as there isn't enough liquidity."

My Response was:

"Its up to Bittrex management if volume is not going to get us across the line. I am not going to sell BTA to ensure we stay listed."

I would like to restate the following:

Bata did not have the luxury of a premine, a crowdfund, an ICO or any other practices that funded the project.

I personally had to get BTA the same way everyone has to get it. I do hold a large wallet, but I will not dump my coins or sell anywhere near the price is now.

Traders you're welcome to have a field day, but don't forget the larger picture here.

We all started this together, look back from page one.

I have absorbed the costs associated with development, upgrades etc. Hosting, domains etc. My time & notably my electricity.

I must say I have had some help with community members for the blockchain hosting.

We have big plans for Bata, which dev support crunching numbers and churning out code.

As I said last time it would be sad if Bittrex delists us, but that has not yet happened, so we should not speculate.

BTA liquidity is there if you are not dreaming.

I can't build a wall of BTA buys.





this guy is stupid
legendary
Activity: 1624
Merit: 1000
https://bata.io
I have been contacted a member of the community how stated:

"You might have to put up your coins on the sell side to get bought as there isn't enough liquidity."

My Response was:

"Its up to Bittrex management if volume is not going to get us across the line. I am not going to sell BTA to ensure we stay listed."

I would like to restate the following:

Bata did not have the luxury of a premine, a crowdfund, an ICO or any other practices that funded the project.

I personally had to get BTA the same way everyone has to get it. I do hold a large wallet, but I will not dump my coins or sell anywhere near the price is now.

Traders you're welcome to have a field day, but don't forget the larger picture here.

We all started this together, look back from page one.

I have absorbed the costs associated with development, upgrades etc. Hosting, domains etc. My time & notably my electricity.

I must say I have had some help with community members for the blockchain hosting.

We have big plans for Bata, which dev support crunching numbers and churning out code.

As I said last time it would be sad if Bittrex delists us, but that has not yet happened, so we should not speculate.

BTA liquidity is there if you are not dreaming.

I can't build a wall of BTA buys.




legendary
Activity: 1624
Merit: 1000
https://bata.io
Did you get a response from Bittrex ?

No response from Bittrex as yet, but I am sure they are snowed under with support emails, due to the potential number of cryptocurrencies facing delistment.

Either way it's an opportunity to pick up some BTA before all is revealed.
newbie
Activity: 73
Merit: 0
Did you get a response from Bittrex ?
legendary
Activity: 1624
Merit: 1000
https://bata.io
More info to come on whitepaper regarding features etc. Keep tuned.
legendary
Activity: 1624
Merit: 1000
https://bata.io
just saw this message on bittrex:
"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Friday, December 9th 2016 unless the average daily trade volume for the last 14 days exceeds 0.5 BTC. If you would like to keep the market listed, please encourage the development team to contact us at [email protected]. If you have questions about the policy, please see https://bittrex.zendesk.com/hc/en-us/articles/202583874."

Thanks I knew it was looming and have been active on social media trying to spread the message regarding development and future of BTA and the Barter Market.


Once again this will be up to the Bata community to decide. Actions speak louder than words.



email sent below:

Hello Bittrex,

We have received message regarding BTA's delistment unless volume increases.

Our code is in the process of being converted to a new type of POW / POS hybrid. I have had family issues and am relying on development support to re code, therefore it is taking longer than anticipated because of math and mapping was required for a new type of POS.

We recently released a whitepaper in progress:

https://bata.money/downloads/BataWhitePaper.pdf

I hope to rally the community save us from delisting from Bittrex as we see this as a most important Exchange in our future.

Regards,
Peter
Founder BTA

Just bumping this post so it can be seen.
legendary
Activity: 1624
Merit: 1000
https://bata.io
just saw this message on bittrex:
"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Friday, December 9th 2016 unless the average daily trade volume for the last 14 days exceeds 0.5 BTC. If you would like to keep the market listed, please encourage the development team to contact us at [email protected]. If you have questions about the policy, please see https://bittrex.zendesk.com/hc/en-us/articles/202583874."

Thanks I knew it was looming and have been active on social media trying to spread the message regarding development and future of BTA and the Barter Market.


Once again this will be up to the Bata community to decide. Actions speak louder than words.



email sent below:

Hello Bittrex,

We have received message regarding BTA's delistment unless volume increases.

Our code is in the process of being converted to a new type of POW / POS hybrid. I have had family issues and am relying on development support to re code, therefore it is taking longer than anticipated because of math and mapping was required for a new type of POS.

We recently released a whitepaper in progress:

https://bata.money/downloads/BataWhitePaper.pdf

I hope to rally the community save us from delisting from Bittrex as we see this as a most important Exchange in our future.

Regards,
Peter
Founder BTA
legendary
Activity: 1624
Merit: 1000
https://bata.io
just saw this message on bittrex:
"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Friday, December 9th 2016 unless the average daily trade volume for the last 14 days exceeds 0.5 BTC. If you would like to keep the market listed, please encourage the development team to contact us at [email protected]. If you have questions about the policy, please see https://bittrex.zendesk.com/hc/en-us/articles/202583874."

Thanks I knew it was looming and have been active on social media trying to spread the message regarding development and future of BTA and the Barter Market.


Once again this will be up to the Bata community to decide. Actions speak louder than words.

full member
Activity: 149
Merit: 100
just saw this message on bittrex:
"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on Friday, December 9th 2016 unless the average daily trade volume for the last 14 days exceeds 0.5 BTC. If you would like to keep the market listed, please encourage the development team to contact us at [email protected]. If you have questions about the policy, please see https://bittrex.zendesk.com/hc/en-us/articles/202583874."
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