Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 302. (Read 542094 times)

No worries bro! As there is no coinage limit on the POS system. Once the updates rectify this issue with linux, then all those 'old' coins in your wallet will reap their reward justly. 
 

Glad to hear te above, I have not been able to get into my linux bay wallet for around 2 months, not sure exactly as I have forgot lol not even sure how many coin I have  David do we have a time scale for the linux update please?

Thanks. Yeah July 4th will be the one year anniversary of the public beta of Halo! The templates in the new software are looking really great. Just tested the price tracker and it works very well. The plan is to release all of the templates (8 total) at once so the software is finally in its commercial form.

Don't listen to these clowns David, I don't give a damn about drama, but progress and Bitbay/Bithalo has come a long ways in a years time, so many other coins are nothing more than fancy logos and an ANN page.  Keep doing what you're doing and ignore the trolls.

Thanks for the info and the link. Been trying to figure this out.

This is a common problem with all Bitcoin forks. https://github.com/bitcoin/bitcoin/issues/2547

You need to delete the blockchain and synchronize again. Don't delete your wallet however and make sure you back that up.

Quick question,

I have a wallet problem, it says this when I try to run it.


Assertion failed!

Program: C:\....\......\.......\   Line 462

Expression: pindex-> pprev || pindex-> GetBlockHash() == (!fTestNet ? hashGenesisBlock : hashGenesisBlockTestNet)


Any help would be dope.

Really? You should code it yourself then if you think its so easy.  You just don't know what you are talking about. Halo and BitBay is over 30,000 lines of code. Its still the only coin with decentralized markets.

I think that David can stop the development, or let bitbay die. Anyway, development for so long time, it's nothing. Let everyone stay away from bitbay.

Are you fudding this project or something? I spent way more than 15, there was hiring devs which amounted to at least 7,000 usd. I had 4 Cambodian devs who were not able to contribute much to the code unfortunately and one guy who attempted a refactor but failed because it was too complex for him. The dev fund was only 60, 20 of which was my cut. The 171 was paid to me for my dev work on the project. Which personally is not worth the abuse.

So at least 45 btc was spent over the past 8 months. As I told you I'm not even considering flights, expenses or anything else business related that ive paid out of pocket.

I'm actually doing dev work and the Halo software is worth millions. 100 btc was the original offer for my license alone not even considering all the overtime on my dev work. The dev fund was to help development and I'm working 80 hour work weeks, and I'm not abandoning the project. I'm sure once i finish calculating my hourly wage it will be less than if i had been working at McDonalds.

This project was started by other people. If you concern is lack of finances, then go hunt down Bob/Ryan who have 1000 BTC combined and did absolutely nothing except fud their own project. Not to mention bter who also has hardly contributed anything and they also got 191 BTC. When they left if I wasnt here, then nobody would even be running this thing. My goal is to finish the software as promised.

If you are sincerely interested in the software then stop distracting me, be more positive and get on slack.

So you got over 240 btc and all you can account for is about 15 btc from it.
Where is the remaining btc?

That was posted at r/BitBay already. The news covered it and its in the chat logs. I got 191 BTC for Halo where 20 was deferred into a 100 btc dev fund. Bob and Gekko stole half of that by convincing Steven to pay a nonsense bill. Thus only 50 was left in that(they promised 500 but of course that never happened). At the end of the project, Steven released that fund to me and raised it to about 60(20 which was mine anyways). It was a multisig, but he gave me the second key eventually since he felt it was more secure that way. The multisig address was common knowledge the news covered this and it was posted on reddit.

The blockchain is easy to follow so I'm not sure what you mean by documents. Considering how it has been spent, there was developers in Cambodia which didn't work out, I've also paid one dev for a refactor which didn't work out. There has been many little things. So far, I've had to do all the developement and management. None of that was supposed to be my responsibility. Lastly, on slack we have run several bounties there was at least 10 BTC in costs for the new qt wallets, servers, bounties etc.
Another 5 BTC for the new site and the OP I'm also paying some towards which slack is also contributing. Mostly, I didn't always pay from the multisig account because Steven was hard to get a hold of.

So in answer to your question, I've been paying out of pocket for a while and those addresses including all my personal ones were already shown. Its not like any of the original people who were supposed to run the project are here anymore. None of those things were supposed to be my responsibility in the first place.

Not to mention any fiat expenses which really come out of pocket. The way I was hired was only to license Halo. Consider that I'm taking on responsibilities that were never supposed to be mine in the first place. I was supposed to be cloning Halo and project managing only and now I'm doing many more things.

David.

Can you please produce some documents to show how much of the btc you got for from the ico for the development purposes and then show how that money is being spent.

Thank you

Never thought about it that way. 
Maybe we could send a Bitbay ambassador to Greece, to help get their financials in order. Coin would need to be pegged first, but I think they aren't going anywhere soon! 

OB has no way of preventing theft. They are trying to use traditional escrow meaning escrow agents can easily take the bitcoins for themselves. That simply does not work on an anonymous platform.

Also in reply to the post above, im not the one in control of this thread one of our slack members is. It seems like only one post was deleted and it was in regards to Bob so i can see how the mistake was made.

The whole purpose of two person escrow is to eliminate theft and deception from trade. The is no other way to send worldwide wires with a stranger and trust the deal will complete honestly. Furthermore, it reduces the cost of doing business because you don't have to pay an escrow agent to babysit the deal wasting his time listening to "he said she said" stories or complaints being forced to arbitrate and guess who is lying(which is impossible anyways).No matter what any other company does, I will always insist they do what is right and abandon centralized expensive and deception prone old escrow models. This includes OB.

Personally I hope they copy the Halo escrow model instead of stubbornly insisting on an old and model that history has proven time and time again to cost society trillions. If Mt. Gox had two of two multisig they would have never lost the .5 billion. If sheep marketplace had two party escrow they would have never lost 200 million dollars.

Read that again, almost 1 billion dollars. Almost 30% of Bitcoin was taken by a handful of thieves. So much for decentralized. If OB uses escrow agents it will happen again. Also, those agents will have absolutely no way of figuring out who is telling the truth in shipping disputes (use E-Bay empty box scams as a perfect example).

If ebay had two party escrow they would never have to deal with theft accusations, paypal reversals and shipping disputes. People would stop scamming people with shipments.

If farming co-ops had two party escrow they could trade without fiat or coins. They could purely trade commodities. Pure barter.

If telcom or any other industry that depended on wires had two party escrow they would save billions, and not have to stress over "which bank to choose, which escrow to use". Instead, Nigera could do deals with Greece regardless of the low trust level for their banking systems. Immediately trade is possible worldwide without any reason to trust.

Shippments would no longer be lost, and they would not have to wait YEARS for insurance payouts. In fact, that happened to a friend of mine who had 100,000 dollars in medical equipment stolen and he has been in lawsuits for almost a decade.

Two party escrow dramatically reduces lawsuits because nobody profits off of the theft or loss.

The only thing that matters is that this idea gets popular in society. Even though its not popular yet, that must change to end theft and deception from business deals.

can you use OB on windows oS , its a question i stop following them for something like two months. if we got a 1 mill investment in bitbay it will definitely be ahead of the game, well it kinda is, because forget about marking shop you can make your own market with bitbay and no middleman.

Dev is deleting valid posts wondering about the project. NOT A GOOD SIGN.
I will pass on this one.

Nah. I'm holding. Should be an interesting ride once the templates come out. And then the pegs going to lock in the value! Might sell some to new users then.

I have to ask where are you getting that this project is way ahead? People have started their shops on OB and it is looking nice an simple is this not basically what Bitbay is working towards with the added smartcontracts?

Glad there is something going on away from hear as it is very quiet on this thread, just a few trolls now and again and not much else.

Bet you are hoping people with funds are here to buy up your bags lol

I hope you guys realize, but if not I must reiterate... the reason why it sometimes seems quite here on BCT is because a lot of us are all busy on Slack's community structure!

The template update is coming and even though no one knows (other than David himself) the release date, remember this, Bitbay is way, way ahead of the competition!

So I must apologize if you see this BCT channel as slow, but remember, there is something growing outside of BCT that is just waiting to climax.

Hope you speculators/users are still here and accumulating!

This is going to be Epic!!

Good luck and God Speed!