Author

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 108. (Read 542115 times)

newbie
Activity: 4
Merit: 0
Hi Folks,
 
I am new on bitcointalk and a newbie in the crypto world. I recently invested in some bitbay coins through bittrex. My question is, can I leave them on the bittrex plattform or do i have to store them on the bitbay wallet or client? Especially considering the upcoming fork?

If I have to store them on the bitbay wallet or client, which of the both would you recommend to use?

If one of you could help me with that, it would be great. Many Thanks! Grin


Always best to store your coins in YOUR OWN wallet, gives you control over your own money and you can stake the Bitbay coins.


Do you have any recommendation as to what is a good wallet? Again, I am new to this. Would I loose my bitbay coins if left them on bittrex even after the fork?

No you would not lose them but again best to download and install the qt wallet and send your coins to the wallet here is the link: http://bitbay.market/downloads

Back up the wallet.dat file in a safe place in case your computer crashes.

Thats helpful. Thank you!
full member
Activity: 243
Merit: 100
Is it possible to directly put bays into the online wallet using key files? Without installing one of the computer clients?
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
Hi Folks,
 
I am new on bitcointalk and a newbie in the crypto world. I recently invested in some bitbay coins through bittrex. My question is, can I leave them on the bittrex plattform or do i have to store them on the bitbay wallet or client? Especially considering the upcoming fork?

If I have to store them on the bitbay wallet or client, which of the both would you recommend to use?

If one of you could help me with that, it would be great. Many Thanks! Grin


Always best to store your coins in YOUR OWN wallet, gives you control over your own money and you can stake the Bitbay coins.


Do you have any recommendation as to what is a good wallet? Again, I am new to this. Would I loose my bitbay coins if left them on bittrex even after the fork?

No you would not lose them but again best to download and install the qt wallet and send your coins to the wallet here is the link: http://bitbay.market/downloads

Back up the wallet.dat file in a safe place in case your computer crashes.
newbie
Activity: 4
Merit: 0
Hi Folks,
 
I am new on bitcointalk and a newbie in the crypto world. I recently invested in some bitbay coins through bittrex. My question is, can I leave them on the bittrex plattform or do i have to store them on the bitbay wallet or client? Especially considering the upcoming fork?

If I have to store them on the bitbay wallet or client, which of the both would you recommend to use?

If one of you could help me with that, it would be great. Many Thanks! Grin


Always best to store your coins in YOUR OWN wallet, gives you control over your own money and you can stake the Bitbay coins.


Do you have any recommendation as to what is a good wallet? Again, I am new to this. Would I loose my bitbay coins if left them on bittrex even after the fork?
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
Good time to buy now that the price is still low  Cool
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
Hi Folks,
 
I am new on bitcointalk and a newbie in the crypto world. I recently invested in some bitbay coins through bittrex. My question is, can I leave them on the bittrex plattform or do i have to store them on the bitbay wallet or client? Especially considering the upcoming fork?

If I have to store them on the bitbay wallet or client, which of the both would you recommend to use?

If one of you could help me with that, it would be great. Many Thanks! Grin


Always best to store your coins in YOUR OWN wallet, gives you control over your own money and you can stake the Bitbay coins.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13

Hate to say it but, the purple is "strange" not used much in publishing. As a web designer, I would prefer some shade of Blue, it's a calming, inviting color. And the graphic balloon and moving stuff just distracts from the professional feel you are trying to convey, a bit amateurish. Please don't take this the wrong way but, the old website wasn't so bad. A little updating and it would have been really nice. Nice work otherwise.

I agree it's quite unique and not used much but... i have to say I love the new site! Compared to the old one it's a massive improvement! And those moving things add a nice touch and give it a kind of live feel right? a bit better that just staring at the usual stock images that are most other crypto sites for sure! Cheesy

Congratulations to the bitbay team and good luck with the web wallet launch too! (is it still next week?)

If the "moving things" were smaller, more defined and did not stop moving I would tend to agree. It looks unfinished and thrown in for effect without much thought. Sorry but, I call it like I see it. I've been with Bay since the ICO and would not point this out unless I felt rather strongly about it. Sorry.
newbie
Activity: 17
Merit: 0

Hate to say it but, the purple is "strange" not used much in publishing. As a web designer, I would prefer some shade of Blue, it's a calming, inviting color. And the graphic balloon and moving stuff just distracts from the professional feel you are trying to convey, a bit amateurish. Please don't take this the wrong way but, the old website wasn't so bad. A little updating and it would have been really nice. Nice work otherwise.

I agree it's quite unique and not used much but... i have to say I love the new site! Compared to the old one it's a massive improvement! And those moving things add a nice touch and give it a kind of live feel right? a bit better that just staring at the usual stock images that are most other crypto sites for sure! Cheesy

Congratulations to the bitbay team and good luck with the web wallet launch too! (is it still next week?)
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
And we are live!! The new BitBay website is online now. It's lightning fast and looking very sexy!

A big thank you to everyone who has helped make this happen and we've really appreciated all your feedback and suggestions over the last few months. Community is what we're all about at BitBay and the new website is a perfect example of ours working together.

So thanks to you all and we hope you like it Smiley

https://bitbay.market

Website looks alot more trendy.  Odd color choice though, developer must be a laker's fan lol

Hate to say it but, the purple is "strange" not used much in publishing. As a web designer, I would prefer some shade of Blue, it's a calming, inviting color. And the graphic balloon and moving stuff just distracts from the professional feel you are trying to convey, a bit amateurish. Please don't take this the wrong way but, the old website wasn't so bad. A little updating and it would have been really nice. Nice work otherwise.
newbie
Activity: 4
Merit: 0
Hi Folks,
 
I am new on bitcointalk and a newbie in the crypto world. I recently invested in some bitbay coins through bittrex. My question is, can I leave them on the bittrex plattform or do i have to store them on the bitbay wallet or client? Especially considering the upcoming fork?

If I have to store them on the bitbay wallet or client, which of the both would you recommend to use?

If one of you could help me with that, it would be great. Many Thanks! Grin
hero member
Activity: 760
Merit: 500
CryptoZilla
Good job, Bitbay gang!

is stake reward also up?

Stake reward goes up with the fork Nov 30th

is there a mandatory wallet update required?
sr. member
Activity: 434
Merit: 251
And we are live!! The new BitBay website is online now. It's lightning fast and looking very sexy!

A big thank you to everyone who has helped make this happen and we've really appreciated all your feedback and suggestions over the last few months. Community is what we're all about at BitBay and the new website is a perfect example of ours working together.

So thanks to you all and we hope you like it Smiley

https://bitbay.market

Website looks alot more trendy.  Odd color choice though, developer must be a laker's fan lol
legendary
Activity: 2412
Merit: 1044
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks

1. Correct. The wallet will handle the fork automatcally.
2. It takes two hours for the coins to mature.

Thank you! Smiley

One last one ... If I add coins to my wallet I don't need to re-save a back up every time I make a transaction do I?

Really new to this so these are probably ridiculous questions

Cheers


Remember, your coins are stored on the blockchain, not in your wallet. As long as you have your private keys or, a copy of your "wallet.dat" file, you have your coins. The wallet simply reads the blockchain and looks for entries that match your address and presents the relevant totals to you.




Actually it depends though. If someone generates new addresses in their QT wallet it might be a good idea to make a new backup. Since their wallet.dat is a collection of keys. I don't think it's deterministic.

In the Markets client we always use the same key pair which is safer in that regard but potentially weaker to cryptoanalysis. Although to date there is no proven cryptoanalysis technique for reusing keys.
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks

1. Correct. The wallet will handle the fork automatcally.
2. It takes two hours for the coins to mature.

Thank you! Smiley

One last one ... If I add coins to my wallet I don't need to re-save a back up every time I make a transaction do I?

Really new to this so these are probably ridiculous questions

Cheers


Remember, your coins are stored on the blockchain, not in your wallet. As long as you have your private keys or, a copy of your "wallet.dat" file, you have your coins. The wallet simply reads the blockchain and looks for entries that match your address and presents the relevant totals to you.


hero member
Activity: 661
Merit: 504
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks

1. Correct. The wallet will handle the fork automatcally.
2. It takes two hours for the coins to mature.

Thank you! Smiley

One last one ... If I add coins to my wallet I don't need to re-save a back up every time I make a transaction do I?

Really new to this so these are probably ridiculous questions

Cheers

No, you don't need to make a new backup every time you deposit to your wallet (But make sure you have minimum one backup. And also remember that a backup you keep at home doesn't help you if your house burns down)

There is no such thing as a stupid question. We all had to go through this learning process. Smiley
newbie
Activity: 4
Merit: 0
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks

1. Correct. The wallet will handle the fork automatcally.
2. It takes two hours for the coins to mature.

Thank you! Smiley

One last one ... If I add coins to my wallet I don't need to re-save a back up every time I make a transaction do I?

Really new to this so these are probably ridiculous questions

Cheers
hero member
Activity: 661
Merit: 504
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks

1. Correct. The wallet will handle the fork automatcally.
2. It takes two hours for the coins to mature.
newbie
Activity: 4
Merit: 0
Hi all,

Sorry if this has been asked a million times but here goes...

1) I have just downloaded the QT wallet today so I just need to confirm I do not need to do anything with the wallet or my coins for the upcoming fork?

2) I have just moved my coins from an exchange to my wallet, how long until the coins are "mature" and can start staking?

Thanks
full member
Activity: 243
Merit: 100
This the first time I heard and read about BitBay. Actually it's really a perfect timing for me coz' I am looking for a crypto with good market potential and usefulness to boom in next year (2018), and also with $50 million and below market cap. And there! I checked BitBay on coinmarketcap and saw it really is a -/+$50 million market cap cryptocurrency. But my question is, what does BitBay have or WILL have that gives certain advantage over Ethereum and Neo?
Have a look at the roadmap:
https://bitbay.market/roadmap
Read more on the website and here in this thread. Follow the updates.
The nearest future of BitBay looks amazing! Years of development bring great product that is supposed to compete with ebay, alibaba and so on. Fully Functional Web Wallet Marketplace and Dynamic Peg are planned in Q2 2018 (not long to wait), and you can download PC/MAC market client now, web wallet will be ready in a week.
legendary
Activity: 1498
Merit: 1117
the new website really looks nice. i hope that this will help the project. but the download of the client is still super slow.
Jump to: