Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 356. (Read 542094 times)

I guess you mean a reward for staking with the QT wallet?
For me everything looks fine as you can see.



Wouldn't worry too much about it, if I were you. After all it's rewarded on a yearly base and I presume that you will receive your reward one of these days.

I've just noticed that i haven't received any stack for 5 days.  . . .

I believe that would be Metakid

Who owns the Facebook account?

We have just finished updating our social outlets as part of a crisis management effort from our new design & marketing team.

New Official Twitter Account - @bitbaytalk
https://twitter.com/bitbaytalk

New Official Facebook Page
https://www.facebook.com/bitbaymarket


OP will be updated soon to reflect this. Likes much appreciated!

Who owns the Facebook account?

Hey lots of comments, thanks everyone for the support and encouragement. As for the pegging what some of the other community members said was correct. The new model we are looking at is more democratic allowing voting on deflation and inflation rates from the fork. The fork itself will cause X% to become reserve. Perhaps anywhere above 90%. From there you set either inflation from reserve to liquid or deflation from liquid to reserve. So that will allow a much more dynamic market where price and supply can match consumer demand.

It seems that an investor would want to see the price grow and the way to do that is with deflation. Then if the price gets too high we vote for inflation. This also means its much less centralized. NuBits totally is centralized relying on only one exchange primarily and custodial wallets. We can let the wild forces of nature give the price a lot more play for traders and at the same time we can deflate the supply so price can match demand. This makes for some really interesting arbitrage. Additionally, it protects the coin from having a central head or liability. Voting is a good way to put the power in the hands of the users. I might want to take a majority vote from the voting address itself in the beginning to avoid market manipulation(making a consistent deflation). And eliminate that majority after we hit that first target.

So even 1 cent is a very good target for the next 4-5 months. If we hit that level, and can continue to deflate we can grow gradually a few percent at a time.

But anyways, we arent there yet. The topic of the next month will be linux/mac/windows 8 and markets. One of the troubleshooting i did today was with windows 8 and apparently i might need a specific build or make a few changes to our build. Also, for some windows 7 users, libeay32.dll isnt sufficient and they would need to install openssl. I'm going to consider how to make that more user friendly.

How the F do you want to attract more users if the wallet don't work properly, we need to address the issue i am also having issues AFAIK this happens with Windows8. I think with most customers Windows8 is the most choosen OS and also for future Windows7 is outphased by April, so we need to focus on Windows8 because it's also futureproof.

Lol, are you kidding? I don't think Bitbay will go up, how much per bitbay is pegging?

It would start with pegging a little early so we showed investors stability for their finances when Bitcoin is like a rollercoaster right now. It would be a great chance for BitBay now...
 

I think that we could attract more users. When we are about ninety space coinmarketcap we are not very interesting for potential users and investors. It was not meant badly. This is just my thought...

We will first fix the wallets.

So we have a solid platform.


The pegging will come later since there is much to take care of first

It would start with pegging a little early so we showed investors stability for their finances when Bitcoin is like a rollercoaster right now. It would be a great chance for BitBay now...