BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 26.

tradersnow

jr. member

Activity: 90

Merit: 3

Dynamic Peg FAQ OF THE DAY
Why are my BAY deposits and withdrawals taking longer than normal with the exchange?

Find the answer here:
https://forum.bitbay.market/t/why-are-my-deposits-and-withdrawals-taking-so-long-on-the-exchange/2250

Watch the Dynamic Peg trade LIVE NOW AT https://exchange.latoken.com/exchange/BAY-BTC!!! 🔥🔥🍾🍾🍾🥳🥳

BubbleButtBabe

newbie

Activity: 30

Merit: 0

Quote from: LuckyLeprachaun on February 24, 2020, 08:47:09 AM

I am confused, the wallet is showing a value of 1.75$ per Bay and on Latoken it makes no sense, what is the value of 1 bay at this time?

This is the trading price. That price actually makes more sense than a few cents when you measure bitbay against other projects.
Could settle anywhere between 10 cents and 1 dollar short term but long term with even low adoption it will be more.
Once you start to notice how DD and the peg work together the design is pure brilliance
Bay has most of the functional use of eth but a far more efficient and elegant design. Eth is a monster but that power comes with serious issues.

If people actually understood what they have here and the learning curve was a little less steep it could blow up to a huge dollar value just to free up enough Bay to operate the market place with the DD doing its job.

I hope Bay can open up the webmarketplace and some large sellers start placing huge inventories on there.
I hope Bay is going to handle a steep adoption if it takes place also.
Good to get a few exchanges and an in wallet solution to fall back on.
So much can be built on this i just hope the code is locked down tight.

When does coinmarketcap refresh? Should be picking this up soon.

shaydinblue

jr. member

Activity: 48

Merit: 1

trading just opened on latoken. it will probably fluctuate a lot in the next few days during the price discovery process...

LuckyLeprachaun

sr. member

Activity: 470

Merit: 251

Bitbay is the Future!!!

I am confused, the wallet is showing a value of 1.75$ per Bay and on Latoken it makes no sense, what is the value of 1 bay at this time?

tradersnow

jr. member

Activity: 90

Merit: 3

Quote from: BitBayDoc on February 22, 2020, 02:42:36 PM

Quote from: tradersnow on February 22, 2020, 08:23:18 AM

Dynamic Peg FAQ OF THE DAY :
How does the Dynamic Peg handle “black swan events” such as an extreme decline in demand, market shock, etc.?

Find the answer here:
https://forum.bitbay.market/t/how-does-the-dynamic-peg-handle-black-swan-events-such-as-an-extreme-decline-in-demand-market-shock-etc/2187

@Tradersnow - Thank You for the FAQ's of The Day! They are very, very educational. Thanks!!!

Sure thing Doc! Tomorrow's the big day! Grin

tradersnow

jr. member

Activity: 90

Merit: 3

Dynamic Peg FAQ OF THE DAY :
Why do Reserve and voluntarily frozen coins have value? Are there any benefits to holding them?

Find the answer here:
https://forum.bitbay.market/t/why-do-reserve-and-voluntarily-frozen-coins-have-value-are-there-any-benefits-to-holding-them/2186

Watch the Dynamic Peg launch tomorrow on https://latoken.com!

BitBayDoc

jr. member

Activity: 193

Merit: 3

Quote from: tradersnow on February 22, 2020, 08:23:18 AM

Dynamic Peg FAQ OF THE DAY :
How does the Dynamic Peg handle “black swan events” such as an extreme decline in demand, market shock, etc.?

Find the answer here:
https://forum.bitbay.market/t/how-does-the-dynamic-peg-handle-black-swan-events-such-as-an-extreme-decline-in-demand-market-shock-etc/2187

@Tradersnow - Thank You for the FAQ's of The Day! They are very, very educational. Thanks!!!

tradersnow

jr. member

Activity: 90

Merit: 3

Dynamic Peg FAQ OF THE DAY :
How does the Dynamic Peg handle “black swan events” such as an extreme decline in demand, market shock, etc.?

Find the answer here:
https://forum.bitbay.market/t/how-does-the-dynamic-peg-handle-black-swan-events-such-as-an-extreme-decline-in-demand-market-shock-etc/2187

BubbleButtBabe

newbie

Activity: 30

Merit: 0

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.

BitBaydev

member

Activity: 155

Merit: 11

https://bitbay.market

Just 2 more days until BitBay’s Dynamic Peg launches on the LATOKEN exchange. Sign up for an account at https://exchange.latoken.com

These pairs will be opening soon:

https://exchange.latoken.com/exchange/BAY-BTC
https://exchange.latoken.com/exchange/BAY-USDT
https://exchange.latoken.com/exchange/BAYR-BTC
https://exchange.latoken.com/exchange/BAYR-USDT

———

https://twitter.com/bitbayofficial/status/1230928731801366528?s=21

tradersnow

jr. member

Activity: 90

Merit: 3

Dynamic Peg: FAQ OF THE DAY :
How much can the liquid supply and price of BAY fluctuate in one day?

Read the answer here:
https://forum.bitbay.market/t/how-much-can-the-liquid-supply-and-price-of-bay-fluctuate-in-one-day/2196

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: ?? on ??

bow chica wow wow

tradersnow

jr. member

Activity: 90

Merit: 3

Dynamic Peg FAQ OF THE DAY: How can investors benefit from BitBay’s Dynamic Peg?

Find the answer here:
https://forum.bitbay.market/t/how-can-investors-benefit-from-bitbay-s-dynamic-peg/2182

Bitcoinsultras

newbie

Activity: 7

Merit: 0

Quote from: dzimbeck on February 20, 2020, 08:03:51 AM

Quote from: Bitcoinsultras on February 20, 2020, 07:47:30 AM

Quote from: dzimbeck on February 20, 2020, 06:22:05 AM

Quote from: Bitcoinsultras on February 20, 2020, 03:43:20 AM

Quote from: dzimbeck on February 20, 2020, 01:21:07 AM

Quote from: Bitcoinsultras on February 19, 2020, 09:42:13 AM

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

i have the multi sign webwallet, this is wy i have 2 keys, Sad

Yeah I realize that, we are working on updating the web wallet. If you are really in need to spend it before hand let me know and I can assist you. Meanwhile just wait a little bit for us to update the web wallet as we are working on it.

how long for the webwallet update ready?

I don't know but it could be up to a month or two. It might be sooner but I don't want to give any expectations. Just be a little patient and check back with us. We have been busy. I just started going over it today actually.

now my coins stuck for 2 months? Cry

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Bitcoinsultras on February 20, 2020, 07:47:30 AM

Quote from: dzimbeck on February 20, 2020, 06:22:05 AM

Quote from: Bitcoinsultras on February 20, 2020, 03:43:20 AM

Quote from: dzimbeck on February 20, 2020, 01:21:07 AM

Quote from: Bitcoinsultras on February 19, 2020, 09:42:13 AM

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

i have the multi sign webwallet, this is wy i have 2 keys, Sad

Yeah I realize that, we are working on updating the web wallet. If you are really in need to spend it before hand let me know and I can assist you. Meanwhile just wait a little bit for us to update the web wallet as we are working on it.

how long for the webwallet update ready?

I don't know but it could be up to a month or two. It might be sooner but I don't want to give any expectations. Just be a little patient and check back with us. We have been busy. I just started going over it today actually.

Bitcoinsultras

newbie

Activity: 7

Merit: 0

Quote from: dzimbeck on February 20, 2020, 06:22:05 AM

Quote from: Bitcoinsultras on February 20, 2020, 03:43:20 AM

Quote from: dzimbeck on February 20, 2020, 01:21:07 AM

Quote from: Bitcoinsultras on February 19, 2020, 09:42:13 AM

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

i have the multi sign webwallet, this is wy i have 2 keys, Sad

Yeah I realize that, we are working on updating the web wallet. If you are really in need to spend it before hand let me know and I can assist you. Meanwhile just wait a little bit for us to update the web wallet as we are working on it.

how long for the webwallet update ready?

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Bitcoinsultras on February 20, 2020, 03:43:20 AM

Quote from: dzimbeck on February 20, 2020, 01:21:07 AM

Quote from: Bitcoinsultras on February 19, 2020, 09:42:13 AM

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

i have the multi sign webwallet, this is wy i have 2 keys, Sad

Yeah I realize that, we are working on updating the web wallet. If you are really in need to spend it before hand let me know and I can assist you. Meanwhile just wait a little bit for us to update the web wallet as we are working on it.

Bitcoinsultras

newbie

Activity: 7

Merit: 0

Quote from: dzimbeck on February 20, 2020, 01:21:07 AM

Quote from: Bitcoinsultras on February 19, 2020, 09:42:13 AM

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

i have the multi sign webwallet, this is wy i have 2 keys, Sad

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Bitcoinsultras on February 19, 2020, 09:42:13 AM

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

The QT uses only one key. The markets client uses two. However the web wallet uses compressed key format and markets wallet uses uncompressed. So until the web wallet is fixed I think there is no other way to use the two keys. We might add compatibility to markets wallet if time allows. However we update the web wallet anyways.

Bitcoinsultras

newbie

Activity: 7

Merit: 0

Quote from: tradersnow on February 19, 2020, 09:32:43 AM

Quote from: Bitcoinsultras on February 19, 2020, 03:44:57 AM

Hey, i want to use the qt wallet, i have 2 private keys...from the multi sign webwallet. How can use the keys? I cant connect... Sad

The web wallet is on a different fork, so simply sending coins from there to the QT Wallet will not work.

Here is a guide on how to import your web wallet private key into the latest version of the QT Wallet:
https://forum.bitbay.market/t/how-to-import-your-bitbay-web-wallet-private-key-into-the-bitbay-qt-wallet/2227

i know, i have 2 private keys en is not working for me Huh

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 26. (Read 542094 times)