Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 212. (Read 542140 times)

Yes, I agree we know nothing about the new whales as you call them but to me it's crucial that the old Bter Ico whales are gone. They have been like venom to this project.
A great deal of people at the start thought of this as a P&D scheme (bter reputation does not help in that sense): David delivered everything relentlessly in any case.

New whales will come but a good project will always stand still since if the code speaks for itself there's not much to worry. I personally feel this is a superior coin compared to many top 50 coins out there.
 

Strong hands in Bay should not come as a surprise. Noobs follow the hype without considering that a fancy roadmap is no guaranty that it will ever be built. The more experienced part of crypto community has been able to see that Bay already offers more than most coins promise. I don't expect they have gone trough the trouble of accumulating slow enough to avoid price increase just to sell cheap. If you look at who has posted in this thread during the last year, you'll see that high ranking members dominate.

It more or less sells itself.

If you have an item on ebay or amazon that's selling for 100 dollars

You could sell the same item on bitbay for 95$ and make more profit. The competition doesn't have a chance to compete because they are for profit. The client is free to use!
The more the people use the client, the more coins will be locked in escrow at any given time. This will further strengthen the stability of the rolling peg.
It literally turns into a positive domino effect!

Actually that is what the core community has noticed. We have started to grow the community, we get new people daily on slack now and I think growing the community size solves the "whale" problem. So you can't keep them from selling but if we have 100s of users in the markets they wouldn't dare sell. They can stop a small community but not an army.

Some very good features planned. Will they come when it matters and will they see the eyes they matter to is another question.

BitBay’s Latest Update January 21st & What You Need to Know

If you had updated your wallet with the new required builds over the last few weeks you would not even have noticed the latest BitBay updates to incorporate PoS 3.0 were implemented on January 21st.  If you have not updated your wallet, you are probably experiencing some issues… please check the (http://bitbay.market/downloads/) page for the updates.

This update was important for three BitBay exclusive features.  

1.    Voting – BitBay’s Proof of Stake 3.0 (PoS) update increased security, and also implemented the ability for Miners to vote with their shares.  Who is a miner?  You are if you are staking.  You will be able to vote on many important decisions with your stake in BAY, including the price direction once the rolling price peg is completed later this year.  In addition, a new Voting Tab will allow you to easily decide what to do with the votes you have.

2.    Cold Staking – While not fully active in this update, important changes for Cold Staking have been added in the background.  If you are a BitBay user, you know there are two highly secure keys for your wallet.  Cold Staking will give you the ability to put these two keys on separate computers.  To break into your wallet the hacker would need to access both computers and break both keys.  Good luck!

3.    Checklocktimeverify – This feature allows you to automate what happens in the future with your coins.  Set it up to send coins tomorrow to another wallet.  You can use it for burning (parking) coins and retrieve them at a later date for additional security.  Schedule what you want to happen with your BAY even when you aren’t going to be there to make it happen.

BitBay has increased in value considerably in the first three weeks of 2017 as more people take notice.  We invite you to try the already working BitBay Client and will give you 1000 BAY for installing it and accepting the Contract out there waiting for you right now.  Please visit the BitBay team using the links below.  There is almost always someone on our Slack available to help you through any issues and help you collect your first 1000 BAY.

[BitBay Slack](http://bitbay.market/wp-login.php?action=slack-invitation)

[BitBay BitCoinTalk](https://bitcointalksearch.org/topic/bitbay-official-bitbay-thread-smart-contracts-decentralized-markets-rolling-peg-890531)

actually markets gives us new updates and we should be aware of all these for better progress.

Just because one set of whales are gone does not mean a new set has arrived and the thing is you know nothing about these new whales.

Luckily this coins has the best bagholders I've ever seen so until they reach their target, you're right it will go up.

16 BTC volume yesterday if that's the case. If the calculations that have been done here will confirm that Bter ICO whales are gone nothing stops this coin to go in only one direction. Dedication and hard work will pay in the long run

The market is paying attention to these updates, its moving finally with more than a btc volume

Great job, well done. You guys are paving the way up.
The PR & marketing activities that David's preparing will probably bring this coin back to where it belongs.
Super cool

EDIT:

David only one suggestion: please make sure to update the OP with new features and updates! For example POS 3, removing Bter exchange etc.

That's going to be great. Should be more people moving from the market place from the windows qt after that. I mean we can essentially scrap the normal wallets and have the market place as default storage.

https://chainz.cryptoid.info/bay/tx.dws?ea9dc095b9f39286ead742635ec61ed9aeeef20aa869109e75ee0eb20f3b1d9b.htm

Okay so thats a POS 3 multisignature staking block. So in the next update staking will be allowed in the markets wallet.

Yes, v1.2 is the new one for QT (will have someting more after it that varies for OS)
v1.25 is the last for client

Yes thats correct. And I will now perform a cold stake with the new wallet and post it here.

v1.2.0.0

?

Okay POS 3 is successful

If you haven't updated yet, please do so now

@Dev,

Your Latest Wallet Release Breaks My Snapshot for your coin.
It automatically loads your Bootstrap.dat and starts overwriting the snapshot, making it useless for your coin.

Unless there is a switch to disable your bootstrap from auto loading or a download without the autoloading bootstrap,
There will be no point to me offering a snapshot for your coin as it will no longer work.

Let me know.

Thanks.
 

Fork in two hours.
If you are using the latest QT wallet, please stake during and after the transition.
If you are still using old wallet; UPGRADE NOW

Yeah doing the PR just need to help her with the article. I was coding past couple days and hadn't gotten around to it. Will do it today.