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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 94. (Read 542094 times)

sr. member
Activity: 728
Merit: 251
Thanks mate...


BTW, why don`t we try to get listed on Binance?
hero member
Activity: 661
Merit: 504
Our main Christmas surprise:

https://twitter.com/BitBayofficial/status/945330982999285761

Merry Christmas everyone.
The team will now mostly take a few days well deserved christmas vacation. This may increase response time a little in the coming days.



Why does "Play poker" button doesn`t work?
Also, you are initiating poker room or platform?

Because it's a screenshot. Follow the link in the tweet to read more about it. Or go directly using this link: https://blog.bitbay.market/revolutionary-multisignature-secured-poker-website-2a9dea91efd2
It's a poker plarform. The first ever to secure users deposits with multisig.
sr. member
Activity: 728
Merit: 251
Our main Christmas surprise:

https://twitter.com/BitBayofficial/status/945330982999285761

Merry Christmas everyone.
The team will now mostly take a few days well deserved christmas vacation. This may increase response time a little in the coming days.



Why does "Play poker" button doesn`t work?
Also, you are initiating poker room or platform?
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★

Can't trade BAY on Bittrex anymore cos they will pass your details to IRS who will demand trading/capital gains tax on every coin-to-coin exchange from now on.

http://fortune.com/2017/12/21/bitcoin-tax/

By that logic, you cannot trade any coins on bittrex from now onwards. The best way out is to have a careful track of your coins and pay tax when due. The IRS is going to ask for its pound of flesh eventually. You either have to pay your taxes voluntarily or be ready to renounce your citizenship.

Well of course taxation is theft. However I think on every trade you also could have capital loss and the capital gains you pay depends on your tax bracket. I was seeing there is no need to pay gains if you are under a certain amount of gains. There is 100k foreign residency deduction (but that might only apply to income) and other things.

Regardless of how you cut it, crypto is better than dollars and this is their attempt in fear to control it. They have been making lots of big moves lately and it won't matter. Net neutrality, a horrible real estate tax law, no 1031 on property, immigration restrictions, etc. All it's gonna do is make people leave America.

True. Actual capital gains rate depends on the income bracket you fall into. I think most people who invest in crypto will have some tax liability. If you avoid paying a few hundreds of tax liability now, you might get into trouble when your portfolio rises into millions of dollars. Smiley
hero member
Activity: 661
Merit: 504
Our main Christmas surprise:

https://twitter.com/BitBayofficial/status/945330982999285761

Merry Christmas everyone.
The team will now mostly take a few days well deserved christmas vacation. This may increase response time a little in the coming days.

hero member
Activity: 661
Merit: 504
I see you have an enourmous 1 billion coins circulating but what is the max supply i can't find it is it 2 billion or what is it?Huh

For POS coins there normally is no max supply. Only a defined rate of growth. For BitBay that is 1% pr year. In reality this means supply is likely to go down because people keep forgetting to make backups or lose their passwords. Biggest loss I know of so far is one holder that lost 18 mil Bay when his HDD crashed. (He did not have backup). So that's almost two years emission compensated with that one crash.
legendary
Activity: 2412
Merit: 1044
My friend installed the full client and cannot download full blockchain on Mac notebook. It stops at 60%. He downloaded the blockchain from the site but cannot understand how to use it.
Does the blockchain files suit for Mac and where to put it? Can somebody explain or give a link? Thank you!

Or maybe another way: we could not find the option how to use key files in web wallet. Can smb tell?

Blockchain bootstrap doesn't work with Mac, we used to have a pre-synced Mac build in the site directory. If it's stuck at 60% does he have sleep on his Mac where maybe hard disk was turned off or interfered?! Or did he ever force close it or not shut down properly. If so he might need to sync again. The blockchain files are inside the app package in c:\bitbay\bitbaydata
full member
Activity: 243
Merit: 100
My friend installed the full client and cannot download full blockchain on Mac notebook. It stops at 60%. He downloaded the blockchain from the site but cannot understand how to use it.
Does the blockchain files suit for Mac and where to put it? Can somebody explain or give a link? Thank you!

Or maybe another way: we could not find the option how to use key files in web wallet. Can smb tell?
legendary
Activity: 2412
Merit: 1044

Can't trade BAY on Bittrex anymore cos they will pass your details to IRS who will demand trading/capital gains tax on every coin-to-coin exchange from now on.

http://fortune.com/2017/12/21/bitcoin-tax/

By that logic, you cannot trade any coins on bittrex from now onwards. The best way out is to have a careful track of your coins and pay tax when due. The IRS is going to ask for its pound of flesh eventually. You either have to pay your taxes voluntarily or be ready to renounce your citizenship.

Well of course taxation is theft. However I think on every trade you also could have capital loss and the capital gains you pay depends on your tax bracket. I was seeing there is no need to pay gains if you are under a certain amount of gains. There is 100k foreign residency deduction (but that might only apply to income) and other things.

Regardless of how you cut it, crypto is better than dollars and this is their attempt in fear to control it. They have been making lots of big moves lately and it won't matter. Net neutrality, a horrible real estate tax law, no 1031 on property, immigration restrictions, etc. All it's gonna do is make people leave America.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★

Can't trade BAY on Bittrex anymore cos they will pass your details to IRS who will demand trading/capital gains tax on every coin-to-coin exchange from now on.

http://fortune.com/2017/12/21/bitcoin-tax/

By that logic, you cannot trade any coins on bittrex from now onwards. The best way out is to have a careful track of your coins and pay tax when due. The IRS is going to ask for its pound of flesh eventually. You either have to pay your taxes voluntarily or be ready to renounce your citizenship.
sr. member
Activity: 686
Merit: 251
I'm investigating Crypto Projects
I see you have an enourmous 1 billion coins circulating but what is the max supply i can't find it is it 2 billion or what is it?Huh
jr. member
Activity: 44
Merit: 1
no max Max Supply specifed???

1 Billion You can find it in first page info graph. in coin specs.
jr. member
Activity: 44
Merit: 1
member
Activity: 81
Merit: 10
no max Max Supply specifed???
legendary
Activity: 3066
Merit: 1188

Can't trade BAY on Bittrex anymore cos they will pass your details to IRS who will demand trading/capital gains tax on every coin-to-coin exchange from now on.

http://fortune.com/2017/12/21/bitcoin-tax/
jr. member
Activity: 44
Merit: 1
We got a BAY Guessing contest going on in Bitbay forum! Check it out. Grin

https://forum.bitbay.market/t/bay-guessing-contest-5000-bay-prize/333
member
Activity: 122
Merit: 10
it could come out tomorrow
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
these are the moments the peg switch being flipped on would be useful
legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
What news about blockchain fork that was planned for 11'2017?

already happened the pos is fixed to 20 per block now


Thanks for the info! I really appreciate it.

Is it necessary sync from strach or not?  I am getting only orphans (20 per block) on old chain.

I deleted everything except wallet.dat and started again - took about 9 hours to sync up fully again.



Are you having orphans too? Maybe I can use the bootstrap file from OP? Is it up to date?

If you get only orphans you might have updated from the fork a little too late. There is a chance you would have to sync again. The bootstrap should put you at around 90%

Thanks for the answer, David!
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