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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 299. (Read 542094 times)

sr. member
Activity: 342
Merit: 250
Now I'm interested too when the update will take place. David, can you tell?

Not sure yet, im working on it every day. It depends on if i want to release early before finishing all the templates. Personally i want to release with all of them complete. BUT we may do some private testing on slack. If you want to join our slack pm me and if we do some tests will let the core group know.

To release early is better for promotion. The sooner this will happen, the more people will know and try it and spread the word. And soon after that the next release saying "the templates complete, fully commercial", great news!
hero member
Activity: 776
Merit: 557
Why do people use the phrase 'bag-holder' like its a bad thing. Everyone involved in crypto are 'bag-holders' we are bag holders of Bitbay because we want to be a part of of the project and buy and sell on the market. You need a 'bag' of Bitbay in order to do that! You yourself will be a bag holder of Bitcoin or litecoin or graphcoin! Judas!!
member
Activity: 658
Merit: 11
You guys all bagholding and hating on bob but since bob left bay he pumped many coins all with major results. You can make money if you follow him right.
bob detected.
full member
Activity: 178
Merit: 100
We need a slogan for Bay. Any good ideas out there?

"Fuck Bob"

You guys all bagholding and hating on bob but since bob left bay he pumped many coins all with major results. You can make money if you follow him right.
member
Activity: 100
Merit: 10
We need a slogan for Bay. Any good ideas out there?

"Fuck Bob"

lol this could be consider.
hero member
Activity: 661
Merit: 504
We need a slogan for Bay. Any good ideas out there?
legendary
Activity: 2412
Merit: 1044
Now I'm interested too when the update will take place. David, can you tell?

Not sure yet, im working on it every day. It depends on if i want to release early before finishing all the templates. Personally i want to release with all of them complete. BUT we may do some private testing on slack. If you want to join our slack pm me and if we do some tests will let the core group know.
sr. member
Activity: 342
Merit: 250
Now I'm interested too when the update will take place. David, can you tell?
member
Activity: 66
Merit: 10
I'm looking forward to Greeks will rescue their possessions on Bitbay Market without need a middleman. It'll be great. Knowing how simple it soon

http://cointelegraph.com/news/114779/greek-homeowner-seeks-to-convert-real-estate-wealth-to-4955-btc
legendary
Activity: 2412
Merit: 1044
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

Yeah if you see at the site, there is two wallets. There is the standard QT wallet that is not multisig. For that one, like 3r said back up your wallet and use it with the new QT wallet.

And then there is the markets wallet which is multisig so its not compatable with your old wallet.dat and you would have to send coins to whatever address you generate there.

It sounds like you only need to use the new QT wallet and copy your wallet over. Let me know if you need any help.


Hi, David!
Our coins in old wallet.dat files still safe? And how much longer will operate standard QT walets support (with 2 versions of wallets)?

Yes those coins are safe, however it makes sense to use the newer build of the QT which will synchronize. The QT wallet will be abandoned after the
pegging so you have lots of time. Currently I'm working on making the software fully commercial. So that means you can use more than the basic custom template (all templates fully functional) and all the other user friendly features. The new build i have right now is extremely fast and stable.

Hi David! Hey, as far as i understood, the new build could not stake... or im wrong??? If it can would be really nice Smiley Im still using the QT wallet only because of (i still think) u dont have this in the new build. Cheers and keep up the good work  Cool

Yes this is correct. There needs to be a new staking command (submitblock) for me to complete that feature. I've already got it so that wallet can find blocks, make the transaction and prepare it but the submitblock command needs to be finished so we can stake from multisignature. It will be staking before we start pegging thats for sure. But right now my priority is templates.
member
Activity: 114
Merit: 10
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

Yeah if you see at the site, there is two wallets. There is the standard QT wallet that is not multisig. For that one, like 3r said back up your wallet and use it with the new QT wallet.

And then there is the markets wallet which is multisig so its not compatable with your old wallet.dat and you would have to send coins to whatever address you generate there.

It sounds like you only need to use the new QT wallet and copy your wallet over. Let me know if you need any help.


Hi, David!
Our coins in old wallet.dat files still safe? And how much longer will operate standard QT walets support (with 2 versions of wallets)?

Yes those coins are safe, however it makes sense to use the newer build of the QT which will synchronize. The QT wallet will be abandoned after the
pegging so you have lots of time. Currently I'm working on making the software fully commercial. So that means you can use more than the basic custom template (all templates fully functional) and all the other user friendly features. The new build i have right now is extremely fast and stable.

Hi David! Hey, as far as i understood, the new build could not stake... or im wrong??? If it can would be really nice Smiley Im still using the QT wallet only because of (i still think) u dont have this in the new build. Cheers and keep up the good work  Cool
legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

Yeah if you see at the site, there is two wallets. There is the standard QT wallet that is not multisig. For that one, like 3r said back up your wallet and use it with the new QT wallet.

And then there is the markets wallet which is multisig so its not compatable with your old wallet.dat and you would have to send coins to whatever address you generate there.

It sounds like you only need to use the new QT wallet and copy your wallet over. Let me know if you need any help.

Hi, David!
Our coins in old wallet.dat files still safe? And how much longer will operate standard QT walets support (with 2 versions of wallets)?

Yes those coins are safe, however it makes sense to use the newer build of the QT which will synchronize. The QT wallet will be abandoned after the
pegging so you have lots of time. Currently I'm working on making the software fully commercial. So that means you can use more than the basic custom template (all templates fully functional) and all the other user friendly features. The new build i have right now is extremely fast and stable.


Thanks for supporting old holders! Smiley
legendary
Activity: 2412
Merit: 1044
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

Yeah if you see at the site, there is two wallets. There is the standard QT wallet that is not multisig. For that one, like 3r said back up your wallet and use it with the new QT wallet.

And then there is the markets wallet which is multisig so its not compatable with your old wallet.dat and you would have to send coins to whatever address you generate there.

It sounds like you only need to use the new QT wallet and copy your wallet over. Let me know if you need any help.


Hi, David!
Our coins in old wallet.dat files still safe? And how much longer will operate standard QT walets support (with 2 versions of wallets)?

Yes those coins are safe, however it makes sense to use the newer build of the QT which will synchronize. The QT wallet will be abandoned after the
pegging so you have lots of time. Currently I'm working on making the software fully commercial. So that means you can use more than the basic custom template (all templates fully functional) and all the other user friendly features. The new build i have right now is extremely fast and stable.
legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

Yeah if you see at the site, there is two wallets. There is the standard QT wallet that is not multisig. For that one, like 3r said back up your wallet and use it with the new QT wallet.

And then there is the markets wallet which is multisig so its not compatable with your old wallet.dat and you would have to send coins to whatever address you generate there.

It sounds like you only need to use the new QT wallet and copy your wallet over. Let me know if you need any help.


Hi, David!
Our coins in old wallet.dat files still safe? And how much longer will operate standard QT walets support (with 2 versions of wallets)?
member
Activity: 66
Merit: 10
David Zimbeck you are a powerful wizard in the crypto world. Keep up the great work ...
legendary
Activity: 2412
Merit: 1044
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

Yeah if you see at the site, there is two wallets. There is the standard QT wallet that is not multisig. For that one, like 3r said back up your wallet and use it with the new QT wallet.

And then there is the markets wallet which is multisig so its not compatable with your old wallet.dat and you would have to send coins to whatever address you generate there.

It sounds like you only need to use the new QT wallet and copy your wallet over. Let me know if you need any help.
legendary
Activity: 2412
Merit: 1044
We have the templates working nicely so when people see the peg and buy in, they see the user friendly markets that even their mom could understand which we could fill with p2p cash orders or selling items etc.

So when the templates are done, the "moms" won't have to know about two private keys and multi-sig accounts and double deposit escrow? It'll be just like Ebay without the middle-men?

So Mom wants to sell her old Ipod for $100. She takes a picture and puts it and a description into the marketplace. The next day Bob contacts Mom and says he wants to buy the Ipod for $100. To use the Double Deposit feature, all Mom has to do now is put in $100 and send the Ipod. But wait. Mom says "Why do I have to put out $100 to sell my Ipod? I want to sell it because I don't have $100. On Ebay, I just sell it and Ebay takes a little and gives me the rest. Why do I have to pay to sell things? I want it to be easy like Ebay. I like Ebay. I sold a toaster last week for $25 and I didn't have to put in $25 first. I know I get it back, but what if I want to sell Grandpa's Mickey Mantle signed baseball for $6000? I don't have $6000 to put in. So I can't sell it? I don't understand this.

Can someone help Mom understand how easy this is?

Well actually thats a good question. "Mom" can sell at the click of a few buttons. The deposits will be automatically set for her and she will notice that she needs extra coins to start the offer. However if she doesnt have the deposit, she can set a custom one. If you sell a 6000 dollar item, there is no reason a 1000 dollar deposit is not enough. After all the person will rather release escrow and get their 1000 back than pay 7k for something that was 6k. Also you can do guarantor contracts where the deposit is zero. But perhaps only one person deposits.

So mom wants to buy her first coin, she doesnt have funds. So she asks for a guarantor(the software figures that out automatically) and a person can put up their deposit so mom can trust them but she is not required to do one. A guarantor would probably only sell about 50-100 dollars worth of coins to her in that case. But they will deposit 50 on a contract of 50 and all mom would have to do is sign for it after she sends the cash.
hero member
Activity: 732
Merit: 500
Can someone help?  I am having a few issues.  I have like 600k coins in a bitbay QT wallet from 2014.  I have the new wallet downloaded as well.  The old wallet no longer syncs and I tried to send from there to new addy but it just hangs at zero confirm.  New to the multi-sig and more complex rec. process so just wondering how I recoup my bitbay

I'm a little confused by your terminology. When you say new wallet, do you mean the latest client wallet and not the latest QT wallet?

If I've guessed right then maybe this would help...

Back up your old QT wallet.dat file.

Erase the old QT wallet version.

Install the latest QT wallet found on the OP.

Insert the old QT wallet.dat file into the new QT wallet

Let it sync and then you should be able to send those coins to the client wallet if that's your desire.

Have you tried that yet?



member
Activity: 85
Merit: 10
We have the templates working nicely so when people see the peg and buy in, they see the user friendly markets that even their mom could understand which we could fill with p2p cash orders or selling items etc.

So when the templates are done, the "moms" won't have to know about two private keys and multi-sig accounts and double deposit escrow? It'll be just like Ebay without the middle-men?

So Mom wants to sell her old Ipod for $100. She takes a picture and puts it and a description into the marketplace. The next day Bob contacts Mom and says he wants to buy the Ipod for $100. To use the Double Deposit feature, all Mom has to do now is put in $100 and send the Ipod. But wait. Mom says "Why do I have to put out $100 to sell my Ipod? I want to sell it because I don't have $100. On Ebay, I just sell it and Ebay takes a little and gives me the rest. Why do I have to pay to sell things? I want it to be easy like Ebay. I like Ebay. I sold a toaster last week for $25 and I didn't have to put in $25 first. I know I get it back, but what if I want to sell Grandpa's Mickey Mantle signed baseball for $6000? I don't have $6000 to put in. So I can't sell it? I don't understand this.

Can someone help Mom understand how easy this is?

Actually you don't even have to use the escrow. It just gives you the option. If you want to sell your micky mantle card for 6000, you have the option to set the contract up where you and the buyer don't deposit anything. That is the beauty of it! It's completely flexible. Heck you could create a contract where you deposit 0 and yet require the buyer to deposit 12,000 - you are in charge! You might not get any interested buyers, but that's your problem. But then again, maybe you have a very high reputation system, and a buyer will trust you to your unbalanced terms.
Anything is possible. You could deposit 6000, sell it for 6000 and ask the buyer to deposit 2,400,000 million.

See what I'm getting at.

Yes I do. I didn't know that. Very cool.
hero member
Activity: 732
Merit: 500
We have the templates working nicely so when people see the peg and buy in, they see the user friendly markets that even their mom could understand which we could fill with p2p cash orders or selling items etc.

So when the templates are done, the "moms" won't have to know about two private keys and multi-sig accounts and double deposit escrow? It'll be just like Ebay without the middle-men?

So Mom wants to sell her old Ipod for $100. She takes a picture and puts it and a description into the marketplace. The next day Bob contacts Mom and says he wants to buy the Ipod for $100. To use the Double Deposit feature, all Mom has to do now is put in $100 and send the Ipod. But wait. Mom says "Why do I have to put out $100 to sell my Ipod? I want to sell it because I don't have $100. On Ebay, I just sell it and Ebay takes a little and gives me the rest. Why do I have to pay to sell things? I want it to be easy like Ebay. I like Ebay. I sold a toaster last week for $25 and I didn't have to put in $25 first. I know I get it back, but what if I want to sell Grandpa's Mickey Mantle signed baseball for $6000? I don't have $6000 to put in. So I can't sell it? I don't understand this.

Can someone help Mom understand how easy this is?

Actually you don't even have to use the escrow. It just gives you the option. If you want to sell your micky mantle card for 6000, you have the option to set a custom contract up where you and the buyer don't deposit anything. That is the beauty of it! It's completely flexible. Heck you could create a contract where you deposit 0 and yet require the buyer to deposit 12,000 - you are in charge! You might not get any interested buyers, but that's your problem. But then again, maybe you have a very high reputation system, and a buyer will trust you to your unbalanced terms.
Anything is possible. You could deposit 6000, sell it for 6000 and ask the buyer to deposit 2,400,000 million.

See what I'm getting at.
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