Topic: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open - page 201. (Read 339472 times)

What a FUD-storm...hate it or love it we still gonna shine:)

I would become very nervous if BitBay paid 5 BTC to get listed on Trex or any other exchange.

Money should only be used to develop this project.

It'll be listed on its own within few days and the way this coin is going I'm pretty sure exchanges would be begging us to list it on their site soon. 

Why can't you pay 5 btc to get listed on bittrex 

It's long to the people who can't hold their coins for longer than few hours.  

2 months would still give you better return than you'll get today but the longer you wait more profitable it can turn.

We are trying to get Bittrex to add us soon. Everyone can help by tweeting them to add us. Easier for them to add us with a large demand from the community.

I don't think you can say 2m is a long term.

Good post, very thorough. One small addition, the quick & easy way to access that folder in windows is to just type %appdata% in your start menu search box. Saves a bit of mucking about.

Slightly Lower then ICO

is the price the same as the ICO price?
or higher now?

Any news on the Linux wallet?

All your personal information and balances etc reside in the wallet.dat file. You can download the wallet from anywhere and make it yours by taking your saved wallet.dat and overwriting the fresh one that is created upon installation. Just wanted to add, to you guys moving/backing up wallet.dat and encrypting your wallet, DO NOT forget your password! Once encryption has been added, there is no way to recover a lost password. Without it, your coins are lost forever, no mechanism exists to recover coins in an encrypted, password protected, wallet.

Always backup wallet.dat when installing wallet upgrades! An upgrade install should never overwrite an existing wallet.dat but, do you really want to take that chance? So, backup early, backup often!

And, as the previous posted stated, "C:\Users\YOURNAME\AppData\Roaming\" is the location of the data files for QT based wallets. Just add the coin name to that for each coin folder. This is where "wallet.dat" lives. The actual executable files and libraries reside in a different folder. It's location varies with the windows version.

So, like any other important data, backup on a regular basis, multiples are best especially as your stake increases in value. Do not depend solely on a "Thumb Drive" or other USB device! They are easily broken, lost, stolen or damaged in everyday life. Get a portable drive made for storing data and designed to be moved around and used as a backup drive such as a "Passport" or similar. Most offer password protection (prevents the casual criminal from getting your data) and they are small and light with multi-terabyte capacity under $200 USD.

Treat your crypto currency like gold and you will never have to say "I could have been rich..."
 

Nice to hear - and yeah I'm looking forward to the hedging aspect (and beyond) - though I have no idea what an 'expected' timeline is for this?

your stake time is dependant on the weight of your block trying to stake vs overall network weight + a little amount of randomness otherwise the person with the biggest block would always stake first.

stake percentage is 1% annual so divide it by 365 for daily interest and * by the blocks age for an approximate estimation of what you will receive. this may be troublesome as the coin control on the wallet is very limited, in the grand scheme of things though the 1% nominal per year is to keep the chain moving with no POW, so it is an inconsequential return as the coin is not meant for big POS rewards.

each block will stake a different amount, because when you get a stake it splits into 2 after adding the reward amount. so a block of 5000 bay with for arguments sake a reward of 100 giving total of 5100 will split into two blocks of 2550 coins and the age of those blocks will begin at 0 again, once they mature after 8 hours they will each attempt to stake again independently and so on and so forth.

Look at it like POW mining , it's an average time you will solve the block imagine your network weight is your mining hash (that increases with power with coin age)

If the blocks are 1 min on average that would mean you have a 1 in 19 chance of hitting a block , just like if you had 1/19th of the total hashrate of a POW coin , you have a pretty good chance of hitting a block at least in the next 19 blocks but mathematically it could just as likely be the first block than the last block, or even any inbetween or more unlikely not finding one in the next 30 minutes either . but the longer you Stake the higher your coin weight, the more coins you earn (because they been staking for slightly longer) and the better chance you have of solving the next block

Good idea. However, I can only do one thing at a time.

Also there was another question about Peter Todd and he didnt get back to me. The other company listed was interesting for audits. I will have to do this at some point right now we are very busy.

No. On one hand it depends on the amount you got staking. On the other hand I guess there's some kind of randomness, but I'm not sure.

It says 10 connections are online and 19 minutes. Will I receive same amount in each stake?  

Depends on how many clients are online. The more there are, the longer it takes. At least that is my experience from another PoS coin.

Received my first stake. Only 0.20? 


From here on...how long does it take to receive my next stake then next and so on....?

This isn't true. I talk to them every day. They are part of this for long term. Not just a few months. The owner wants to be involved for 1-2 years at least.