Topic: BATA BTA ◈ OLD THREAD - NOW @ https://bitcointalk.org/index.php?topic=2297895.0 - page 80. (Read 283701 times)

The developer has the no. 1 wallet according to his donation address on the paper wallet site.

http://imgur.com/xWFYBuO

http://imgur.com/TsLD5Ki

I'd say he's pretty vested in his own projects success.

References:

https://chainz.cryptoid.info/bta/address.dws?324.htm
https://bata.money/paperwallet/?currency=BataCoin

Yes I see now, more like Warren Buffett.

Abandoning BTA is not an option, or making fake ICO's or scam coins to prop up BTA is not in the plan.

The blockchain is also like a time line, or one could say a time stamp, you can't hide the truth.

The truth is rock solid and not fabricated. We have a solid foundation, which can stand the test of time.

We will prevail and emerge as a victor for those who want to be part of a success.

Well, I imagine asking a similar question of Warren Buffett.

"Warren, how many Berkshire Hathaway shares are owned by you?"

He would tell you the exact amount. That amount would be a lot. He knows that the decisions he makes for the company will affect him disproportionately greater than other investors. Investors receive confidence from that knowledge. Berkshire Hathaway is now one of the largest companies in the world and Warren Buffett is one of the richest humans in the world.

In contrast, there is a coin called Bitz. The developer abandoned that coin to devote more time to a new coin that he started with an ICO (Bitz didn't have an ICO). The developer complained that too few people held too many coins. So, rather than reward those few people who believed in his coin enough to save it from ruin, he decided to screw them. Sadly, he didn't seem to have enough Bitz of his own to justify saving the coin.

So, to answer your question, I am asking to try and figure out if I am investing in a coin that is being developed by someone who thinks more like Warren Buffett, or someone who is more like the Bitz coin developer.

Yes quite a few  

I have given some BTA away in the past and paid people for services using BTA.

Why do you ask? @earthpet

That is the plan, just working out the specifics.

Will you go with Masternodes?

How ever many he mined over the last year....


Quite a few I would imagine 

How many Bata are owned by the lead developer of this coin?

Not quite there having a discussion with another developer regarding specs.

big plans today?

Make it 10k for POS payouts 

If dude above likes minting coins Staking is the way to go for the mining inept

For sure

POW has it's benefits as we all know, but it also has it's negatives.

The main thing for BTA was to have a fair long POW period, which we have had for the last 12 months. Now we move onto the next stage (POS) which will help BTA achieve it's main goal - a Barter Exchange where BTA will act as trade dollars. POS will enable more people to contribute to the network, making the decentralization of BTA a larger network.

Yes our BTA wallet (like AudioCoin) will enable you to mine BTA as long as you hold a min of 1000 BTA.

Remember at the end of the day we have big plans for BTA, it is a long process to get it right and we will enjoy the benefits together.

Thanks for your reply! I appreciate it.

I did not download the paper wallet generator from Github. I thought I had tried it on the website in the past and it worked fine. I was actually planning on buying a cheap computer specifically for generating paper wallets (permanently offline) but when I tried the paper wallet generator and saw that it wasn't working, I decided to wait. I considered the website to be a demonstration, not the place to actually generate a wallet. But if the demonstration wasn't working correctly it would be a non sequitur to assume the offline version would be functional...unless I'm missing something.

The Livecoin exchange is suspicious indeed. I currently have a large order for Bata on Bleutrade for 1700 satoshis. This is causing some unexpected consequences. The Bittrex volume for Bata has dropped substantially. Bittrex, of course, usually has a much higher volume than Bleutrade. How Livecoin currently has a higher volume than Bleutrade and Bittrex is unknown. They do not have someone like me placing a large order, but I don't fully understand their user interface. But from what I see there is nothing to indicate or explain their high volume.

I see that Bata is switching to POS. My order has nothing to do with that. I do not mine any coins, except when I run my Audiocoin wallet. Somehow having my Audiocoin wallet open generates mined coins. I personally consider that an awesome feature and probably the only reason I continue to own Audiocoin. It reminds me a bit of the old days when I ran project SETI as a screensaver. I find it satisfying to have my computer actually doing something when I am not using it.

I attempted to mine coins in the past but found it beyond my competency. There were too many obstacles to overcome and too much uncertainty over what I was downloading. In addition I could not find a simple tutorial. I do not personally know anybody that mines coins even though I know plenty of computer people. I'm not sure why this barrier to mining coins persists.

For your first question, did you download from Github as per instructions on the page? see below:

Second, the volume on Livecoin at present is just $49 usd, but in the past it was quite high, when I tweeted about it, it appeared to stop. Yes it seemed suspicious imho.

Hello all.

I don't know if anyone has brought this up but the paper wallet generator is not working.

https://bata.money/paperwallet/?currency=BataCoin

After mousing around it comes up with this error message (on Firefox browser):

TypeError: janin.selectedCurrency is undefined

Also, does anyone understand why Livecoin exchange is showing such high volume on coinmarketcap? I find that very suspicious.

I have been taking time with this process so that we can be seen as being fair and giving those the opportunity to purchase some Bata.

Yes good time to buy a bag!

Wow yeah It is low. haven't checked for a week or so.

Might have to top up at this price

Bought another stake today. The price is pretty low.
Waiting for PoS

We welcome all input and feel free to add to the discussion. Thanks for your support.