Latoken bitbay has blank orders? My reserve order is gone and now I can not place another one?
Doing some upgrade?
Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 25. (Read 542094 times)
March 02, 2020, 01:48:13 PM
March 02, 2020, 08:46:57 AM
Dynamic Peg 
FAQ OF THE DAY
What advantage does BitBay’s Dynamic Peg have over traditional fiat currency management?
Find the answer here:
https://forum.bitbay.market/t/what-advantage-does-bitbay-s-dynamic-peg-have-over-traditional-fiat-currency-management/2188
FAQ OF THE DAY What advantage does BitBay’s Dynamic Peg have over traditional fiat currency management?
Find the answer here:
https://forum.bitbay.market/t/what-advantage-does-bitbay-s-dynamic-peg-have-over-traditional-fiat-currency-management/2188
February 29, 2020, 03:24:02 PM
Dynamic Peg FAQ OF THE DAY
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
These tips are great thanks.
2 questions
I just want to make sure of
1/ if I buy from the Bay Reserve on latoken
Can I withdraw to my standard Bay receive address and the exchange will release. My local wallet will auto recognise and assign these to my reserve bay holdings?
2. Is there a very detailed guide on sending my local liquid to local frozen?
For dzimbeck - yes I agree with that.
Thank you
1. Qt wallet will receive it immediately but it does not sum up to reserve. It will become frozen for 1 month so you can not spend it (though you can stake it), when 1 month will pass it may sum up with reserve and liquid depend on peg level after one month (for example if peg will be zero after one month, then all coins will become liquid of course)
2. In Qt wallet you just choose "transfer type" when send
Thanks for the help.
I would apply a merit for you but i don't have any merit yet to send you.
As I notice each bitbay thread poster should send merits to bitbay members if their post is good and worthy of merit.
The reason is that bitbay thread can not go on page 1 unless posters here have earned merit in the last 90 days
Keeping bitbay thread on page 1 is very advantageous and sensible.
February 29, 2020, 02:31:15 PM
Dynamic Peg FAQ OF THE DAY
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
These tips are great thanks.
2 questions
I just want to make sure of
1/ if I buy from the Bay Reserve on latoken
Can I withdraw to my standard Bay receive address and the exchange will release. My local wallet will auto recognise and assign these to my reserve bay holdings?
2. Is there a very detailed guide on sending my local liquid to local frozen?
For dzimbeck - yes I agree with that.
Thank you
1. Qt wallet will receive it immediately but it does not sum up to reserve. It will become frozen for 1 month so you can not spend it (though you can stake it), when 1 month will pass it may sum up with reserve and liquid depend on peg level after one month (for example if peg will be zero after one month, then all coins will become liquid of course)
2. In Qt wallet you just choose "transfer type" when send
February 29, 2020, 10:30:39 AM
Dynamic Peg FAQ OF THE DAY
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
These tips are great thanks.
2 questions
I just want to make sure of
1/ if I buy from the Bay Reserve on latoken
Can I withdraw to my standard Bay receive address and the exchange will release. My local wallet will auto recognise and assign these to my reserve bay holdings?
2. Is there a very detailed guide on sending my local liquid to local frozen?
For dzimbeck - yes I agree with that.
Thank you
February 29, 2020, 09:47:35 AM
Dynamic Peg FAQ OF THE DAY
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
February 29, 2020, 02:17:54 AM
The community is too small. Bitbay must grow the community using the community coins with micro advertising jobs and listing items on the market place competitions. Without increasing awareness even the best project will not progress.
It is very good to see bitbay on an exchange and coinmarket cap.
community must grow and adoption for the market place will be great to attract some big shops
It is very good to see bitbay on an exchange and coinmarket cap.
community must grow and adoption for the market place will be great to attract some big shops
At least everyone can see the supply control can force price up or down as long as there is even the slightest volume. This is precisely why all that needs to happen is a few whales and market makers notice they have this tool at their disposal.
February 28, 2020, 09:10:52 AM
Dynamic Peg 
FAQ OF THE DAY
How do I participate in voting with the Dynamic Peg?
Find the answer here:
https://forum.bitbay.market/t/how-do-i-participate-in-voting-with-the-dynamic-peg/2241
Check out the Dynamic Peg eating away at sell walls right now on https://exchange.latoken.com/exchange/BAY-BTC!!
FAQ OF THE DAY How do I participate in voting with the Dynamic Peg?
Find the answer here:
https://forum.bitbay.market/t/how-do-i-participate-in-voting-with-the-dynamic-peg/2241
Check out the Dynamic Peg eating away at sell walls right now on https://exchange.latoken.com/exchange/BAY-BTC!!
February 28, 2020, 07:53:16 AM
The community is too small. Bitbay must grow the community using the community coins with micro advertising jobs and listing items on the market place competitions. Without increasing awareness even the best project will not progress.
It is very good to see bitbay on an exchange and coinmarket cap.
community must grow and adoption for the market place will be great to attract some big shops
It is very good to see bitbay on an exchange and coinmarket cap.
community must grow and adoption for the market place will be great to attract some big shops
February 27, 2020, 09:12:27 AM
I understand.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
lol nobody is believing your self-shilling guys
BubbleButt gets it. BitBay.market is here and now... Your time has passed - like gas in the wind.
I can't understand why Pissed-off Hand-job keeps coming back here?
Perhaps he is lonely??
February 27, 2020, 02:17:25 AM
I understand.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
lol nobody is believing your self-shilling guys
BubbleButt gets it. BitBay.market is here and now... Your time has passed - like gas in the wind.
February 26, 2020, 10:48:08 PM
Dynamic Peg FAQ OF THE DAY
If nothing is backing the coin, what enforces its price?
Find the answer here:
https://forum.bitbay.market/t/if-nothing-is-backing-the-coin-what-enforces-its-price/2179
BAY & BAYR now trading live at https://exchange.latoken.com/exchange/BAY-BTC
FAQ OF THE DAY If nothing is backing the coin, what enforces its price?
Find the answer here:
https://forum.bitbay.market/t/if-nothing-is-backing-the-coin-what-enforces-its-price/2179
BAY & BAYR now trading live at https://exchange.latoken.com/exchange/BAY-BTC
February 26, 2020, 01:44:48 PM
I understand.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
lol nobody is believing your self-shilling guys
February 26, 2020, 03:53:44 AM
I understand.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
This is ingenious. The latoken order books will be wiped each 24 hours adjust to the huge deflation of liquid coins?
This is quite brilliant I wondered how it could control the price on the exchange.
We just need to form a great marketing strategy that will encourage people to sell or offer for sale their items on bitbay. Or just to get the word out and start growing the community.
Deep onion did not really construct suitable micro tasks to build more value and usw to their project than the amount they were giving away. Bur their time released and loyalty rewarding was clever.
What can community members do to help in an organized way to help bring awareness to the project?
To add a rating to each members market place i wonder if a possible verification to their ebay account like marketplace generate random item to be listed for small random price verified by bitbay marketplace? Could latch the market place to their ebay?
Or would that be illegal?
Anyway great work. Amazing to see this in action.
February 25, 2020, 06:14:19 PM
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
This is a very good feature.
Do you mean something like this already exists? Everyone can make there own auto exchange? For any crypto with a block explorer
One simple example
Alice will sell parcel of 50k bitbay for 0.5 btc
Alice lock 50k bitbay supply bitcoin address in contract
Bob take contract supply his bitbay address has time period to send his bitcoin's
Bitbay market verify with block explorer wait 2 confirms and auto send bitbay from Alice to bob?
Is this not possible?
Can be done for any coins with block explorer?
People can sell their own personal coins to individuals with no license right
Just like its own exchange?
Market place can monitor package prices of all sellers and have table with links to each persons own market place?
Buyer protected because bitbay wallet locks Bay once bob agrees contract and Alice coins are unlocked if bob not send in time.
The market place can rely on some block explorers so once agree on contract marker place does rhe work.
Only a suggestion.
Well with double deposit escrow / unbreakable contracts it's not necessary to have the software track block explorers. The users just put their deposits in the contract and then release when funds are distributed. If its a BTC/BAY trade they can of course do that without any risk protected by deposits. The software has some user friendly templates already coded in for users such as cash for coins with price tracking and tracking of market rates. Also auctions, reverse auctions, sales of goods, hiring someone with automated payroll, asking for jobs, barter with supply/demand lists and customizable python contracts.
And also, a user can just write in their own terms to a custom contract. It's the deposits that both users add to the contract that protect the deal.
Thank you for the help.
I understand double deposit escrow for everything that is not digitally verifiable and require human trust and faith is my favorite part and with the peg. The idea is simple but so brilliant this combined with feedback ratings is amazing.
But for things with digital verification possible then dde is not required and remove the iron clad guarantee that you can have with software verification. Also this automation allow bitbay market place to be a huge crypto exchange that is only individuals selling their own individual coins. Marketplace just have a tab for crypto sales and organized market prices.
I was thinking that would be the simple easiest way to have an internal exchange and should be very easy to get that coded in as a feature. Perhaps the bitbay would require some secure block explorers of his own else their can be risk.
If you will say it's not a good idea then I will not mention further. Thanks for you excellent work.
There is no secure way to have something check a block explorer for a trade on separate chains in the way you described. Of course Halo can be used manually and a contract can be programmed with the security of the escrow. However, the best way to trade peer to peer is atomic trading.
February 25, 2020, 10:40:26 AM
Dynamic Peg FAQ OF THE DAY
When and how can I spend the different liquidities of BAY?
Find the answer here:
https://forum.bitbay.market/t/when-and-how-can-i-spend-the-different-liquidities-of-bay/2181
BAY & BAYR now trading live at https://exchange.latoken.com/exchange/BAY-BTC!!!
FAQ OF THE DAY When and how can I spend the different liquidities of BAY?
Find the answer here:
https://forum.bitbay.market/t/when-and-how-can-i-spend-the-different-liquidities-of-bay/2181
BAY & BAYR now trading live at https://exchange.latoken.com/exchange/BAY-BTC!!!
February 25, 2020, 08:33:03 AM
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
This is a very good feature.
Do you mean something like this already exists? Everyone can make there own auto exchange? For any crypto with a block explorer
One simple example
Alice will sell parcel of 50k bitbay for 0.5 btc
Alice lock 50k bitbay supply bitcoin address in contract
Bob take contract supply his bitbay address has time period to send his bitcoin's
Bitbay market verify with block explorer wait 2 confirms and auto send bitbay from Alice to bob?
Is this not possible?
Can be done for any coins with block explorer?
People can sell their own personal coins to individuals with no license right
Just like its own exchange?
Market place can monitor package prices of all sellers and have table with links to each persons own market place?
Buyer protected because bitbay wallet locks Bay once bob agrees contract and Alice coins are unlocked if bob not send in time.
The market place can rely on some block explorers so once agree on contract marker place does rhe work.
Only a suggestion.
Well with double deposit escrow / unbreakable contracts it's not necessary to have the software track block explorers. The users just put their deposits in the contract and then release when funds are distributed. If its a BTC/BAY trade they can of course do that without any risk protected by deposits. The software has some user friendly templates already coded in for users such as cash for coins with price tracking and tracking of market rates. Also auctions, reverse auctions, sales of goods, hiring someone with automated payroll, asking for jobs, barter with supply/demand lists and customizable python contracts.
And also, a user can just write in their own terms to a custom contract. It's the deposits that both users add to the contract that protect the deal.
Thank you for the help.
I understand double deposit escrow for everything that is not digitally verifiable and require human trust and faith is my favorite part and with the peg. The idea is simple but so brilliant this combined with feedback ratings is amazing.
But for things with digital verification possible then dde is not required and remove the iron clad guarantee that you can have with software verification. Also this automation allow bitbay market place to be a huge crypto exchange that is only individuals selling their own individual coins. Marketplace just have a tab for crypto sales and organized market prices.
I was thinking that would be the simple easiest way to have an internal exchange and should be very easy to get that coded in as a feature. Perhaps the bitbay would require some secure block explorers of his own else their can be risk.
If you will say it's not a good idea then I will not mention further. Thanks for you excellent work.
February 25, 2020, 07:46:23 AM
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
This is a very good feature.
Do you mean something like this already exists? Everyone can make there own auto exchange? For any crypto with a block explorer
One simple example
Alice will sell parcel of 50k bitbay for 0.5 btc
Alice lock 50k bitbay supply bitcoin address in contract
Bob take contract supply his bitbay address has time period to send his bitcoin's
Bitbay market verify with block explorer wait 2 confirms and auto send bitbay from Alice to bob?
Is this not possible?
Can be done for any coins with block explorer?
People can sell their own personal coins to individuals with no license right
Just like its own exchange?
Market place can monitor package prices of all sellers and have table with links to each persons own market place?
Buyer protected because bitbay wallet locks Bay once bob agrees contract and Alice coins are unlocked if bob not send in time.
The market place can rely on some block explorers so once agree on contract marker place does rhe work.
Only a suggestion.
Well with double deposit escrow / unbreakable contracts it's not necessary to have the software track block explorers. The users just put their deposits in the contract and then release when funds are distributed. If its a BTC/BAY trade they can of course do that without any risk protected by deposits. The software has some user friendly templates already coded in for users such as cash for coins with price tracking and tracking of market rates. Also auctions, reverse auctions, sales of goods, hiring someone with automated payroll, asking for jobs, barter with supply/demand lists and customizable python contracts.
And also, a user can just write in their own terms to a custom contract. It's the deposits that both users add to the contract that protect the deal.
February 25, 2020, 02:01:54 AM
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
This is a very good feature.
Do you mean something like this already exists? Everyone can make there own auto exchange? For any crypto with a block explorer
One simple example
Alice will sell parcel of 50k bitbay for 0.5 btc
Alice lock 50k bitbay supply bitcoin address in contract
Bob take contract supply his bitbay address has time period to send his bitcoin's
Bitbay market verify with block explorer wait 2 confirms and auto send bitbay from Alice to bob?
Is this not possible?
Can be done for any coins with block explorer?
People can sell their own personal coins to individuals with no license right
Just like its own exchange?
Market place can monitor package prices of all sellers and have table with links to each persons own market place?
Buyer protected because bitbay wallet locks Bay once bob agrees contract and Alice coins are unlocked if bob not send in time.
The market place can rely on some block explorers so once agree on contract marker place does rhe work.
Only a suggestion.
February 24, 2020, 11:02:25 PM
Is the donation set on default on the market place and old style wallet?
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
I will leave donate on default setting in my old style wallet but my partner use the market and his is not donating on default
What % of users are donating ?
Better if we should make mandatory a small % from every member.
What target is the immediate holding price in cents? 20 cents? Do I need to change anything to support that level or this is default.
If you are selling your own personal coins you do not require a license
Therefore each member couls set up their own automated bay / any other coin on chainz right?
Market place can have a seperate waller address so it can not drain main wallet
Put asking price of other coins per bay and list your wallet addresses for coins you will accept. They send bitcoin to yours with coin / address in message box, market place monitor chainz and auto send Bay to theirs?
Is that possible? Every memeber can be monitored for selling price and market place can produce entire table like exchange? But just a list of people trading their own coins on their own market place.
maybe it could not work? Just one possible plan. Depended on a single block explorer may not be perfect?
I have not tested 10% of the market place so it could exist such a feature.
The marketplace has cash for coins contracts. It's totally peer to peer.
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