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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 149. (Read 542140 times)

sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13

Any known issues with the client and OpenSSL? Tried to install the client but won't let me past OpenSSl warning. OpenSSL is installed...

legendary
Activity: 2412
Merit: 1044
Is there an ETA on the API ?

Also is there anything like masternodes or tiered POS rates on the horizon?
Anything to inspire accumulation and holding?

I could release the API early but with the obfuscated code it requires me to change function names that we want to use back and make a documentation. I was saving that for last. Roadmap is on the OP.

The next update is freezing and exotic spending and price tracking on custom orders and then the fork shortly after.

I really don't believe in masternodes. I think our rolling peg is more than enough competition for frozen funds. The POS rate as you all voted on
will go up soon. And when we do the peg it may have to be variable although it might not be in the first iteration.

If people want to freeze their own funds that i suppose could encourage hoarding if we ran a promo for it. But most likely not. Its just a feature for all the cool ways we can use locktimes.


i see, okay that makes sense.

if the marketplace usage started to pick up over time that would actually see a huge amount of coins locked into the contracts from either side

what happens to coins locked into broken contracts are they lost forever? or what actually happens to them? im sure i must have know this once but it seems to have gone out of my head and that question is rattling around in there.



They go to "BitcoinEaterAdios" the address is a burn address.

print str(hash_to_address("85","Bitcoineateradios")) #This is the way to generate the burn address for BitBay

Indeed they would be lost forever.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Is there an ETA on the API ?

Also is there anything like masternodes or tiered POS rates on the horizon?
Anything to inspire accumulation and holding?

I could release the API early but with the obfuscated code it requires me to change function names that we want to use back and make a documentation. I was saving that for last. Roadmap is on the OP.

The next update is freezing and exotic spending and price tracking on custom orders and then the fork shortly after.

I really don't believe in masternodes. I think our rolling peg is more than enough competition for frozen funds. The POS rate as you all voted on
will go up soon. And when we do the peg it may have to be variable although it might not be in the first iteration.

If people want to freeze their own funds that i suppose could encourage hoarding if we ran a promo for it. But most likely not. Its just a feature for all the cool ways we can use locktimes.


i see, okay that makes sense.

if the marketplace usage started to pick up over time that would actually see a huge amount of coins locked into the contracts from either side

what happens to coins locked into broken contracts are they lost forever? or what actually happens to them? im sure i must have know this once but it seems to have gone out of my head and that question is rattling around in there.

full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀

Same pattern for a lot of cryptos out there, be ready, it is the entire market that will go up again.

Indeed. But low cap assets with strong fundamentals have more to gain than high cap ones with fundamentals already priced in.

In that regard Ether is probably the most overpriced banana skin in existence. Meanwhile Bitbay has at least 3 speculative aspects not priced in plus one commercial one:

1. moving all current trading features into full production level
2. listing on mainstream exchanges such as Polo
3. implementation of exchange rate pegging to support stable valued goods trades

On top of that we have a potential....

4. actual growth of a new decentralised bidding market facilitated by the Bitbay network

if some coins that offer nothing are skyrocketing right now I don't see why an actual working product like bitbay can't go up. Also small increases overtime are healthier
legendary
Activity: 3066
Merit: 1188

Same pattern for a lot of cryptos out there, be ready, it is the entire market that will go up again.

Indeed. But low cap assets with strong fundamentals have more to gain than high cap ones with fundamentals already priced in.

In that regard Ether is probably the most overpriced banana skin in existence. Meanwhile Bitbay has at least 3 speculative aspects not priced in plus one commercial one:

1. moving all current trading features into full production level
2. listing on mainstream exchanges such as Polo
3. implementation of exchange rate pegging to support stable valued goods trades

On top of that we have a potential....

4. actual growth of a new decentralised bidding market facilitated by the Bitbay network. (Decentralised eBay = unlimited valuation potential)
full member
Activity: 294
Merit: 100

Bay consolidating a new floor at 1000 Sats against BTC.

Short term ranges turning positive and bullish again (4-Hour & 6-Hour momentum histograms).





Same pattern for a lot of cryptos out there, be ready, it is the entire market that will go up again.
member
Activity: 116
Merit: 10
Quack.

Bay consolidating a new floor at 1000 Sats against BTC.

Short term ranges turning positive and bullish again (4-Hour & 6-Hour momentum histograms).






thanks for your analysis!
legendary
Activity: 3066
Merit: 1188

Bay growth big picture.

1 Day slow/fast moving average crossovers. Note volume coming in on crossovers & points of maximum divergence. i.e. going up on massive volume, correcting & consolidating on small volume.

Conclusion: Bay traders are buying and hodling. Bigly.


legendary
Activity: 3066
Merit: 1188

Bay consolidating a new floor at 1000 Sats against BTC.

Short term ranges turning positive and bullish again (4-Hour & 6-Hour momentum histograms).



legendary
Activity: 2412
Merit: 1044
Is there an ETA on the API ?

Also is there anything like masternodes or tiered POS rates on the horizon?
Anything to inspire accumulation and holding?

I could release the API early but with the obfuscated code it requires me to change function names that we want to use back and make a documentation. I was saving that for last. Roadmap is on the OP.

The next update is freezing and exotic spending and price tracking on custom orders and then the fork shortly after.

I really don't believe in masternodes. I think our rolling peg is more than enough competition for frozen funds. The POS rate as you all voted on
will go up soon. And when we do the peg it may have to be variable although it might not be in the first iteration.

If people want to freeze their own funds that i suppose could encourage hoarding if we ran a promo for it. But most likely not. Its just a feature for all the cool ways we can use locktimes.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Is there an ETA on the API ?

Also is there anything like masternodes or tiered POS rates on the horizon?
Anything to inspire accumulation and holding?
member
Activity: 93
Merit: 10
I have installed the QT wallet and it has taken 3 hours to go from 2 years and 30 weeks behind to 2 years and 27 weeks behind. At this rate it should take a little over 5 days to sync. Is this right?

Download the blockchain from the website http://bitbay.market/downloads/

Here the link http://www.davtonia.com/bitbay/bitbaybootstrap.zip or you can go directly to the page its much faster if you do it like this and sync after you download the bootstrap .

Keep in mind that the bootstrap at the current time does not work on Macs for some reason.
newbie
Activity: 62
Merit: 0
I have installed the QT wallet and it has taken 3 hours to go from 2 years and 30 weeks behind to 2 years and 27 weeks behind. At this rate it should take a little over 5 days to sync. Is this right?

Download the blockchain from the website http://bitbay.market/downloads/

Here the link http://www.davtonia.com/bitbay/bitbaybootstrap.zip or you can go directly to the page its much faster if you do it like this and sync after you download the bootstrap .
newbie
Activity: 44
Merit: 0
I have installed the QT wallet and it has taken 3 hours to go from 2 years and 30 weeks behind to 2 years and 27 weeks behind. At this rate it should take a little over 5 days to sync. Is this right?
newbie
Activity: 44
Merit: 0
Where is BitBay being traded?
sr. member
Activity: 449
Merit: 250
don t touch my Bits
full member
Activity: 307
Merit: 109
Great job!
Glad to see us in bold
sr. member
Activity: 1078
Merit: 310
AKA RJF - Member since '13
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