BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 98.

435613422

newbie

Activity: 34

Merit: 0

Quote from: Munti on December 14, 2017, 12:13:03 PM

Quote from: 435613422 on December 13, 2017, 05:45:46 PM

Quote from: vlom on December 13, 2017, 02:32:35 PM

Quote from: 435613422 on December 13, 2017, 02:09:22 PM

I downloaded the BitBay QT wallet on their website, and sent BAY there from my Bittrex account. It has not reach my wallet. What can I do?

is the blockchain fully synched?

and the blockchain is fully synced on the wallet.

Please go to https://forum.bitbay.market/c/support for support

this sucks. I see it on the blockchain explorer http://explorer.bitbay.market/address/BLkXZQzPX57B9CHDohix288uxiK7y6JXUo

but I don't see it in the fully synced Bitbay QT wallet

Munti

hero member

Activity: 661

Merit: 504

Quote from: template on December 14, 2017, 03:07:19 PM

Old coin what is plan for 2018 ?

https://bitbay.market/roadmap

template

hero member

Activity: 1085

Merit: 500

Old coin what is plan for 2018 ?

Munti

hero member

Activity: 661

Merit: 504

Quote from: CryptTech on December 14, 2017, 08:08:20 AM

When will be the new exchange?

What new exchange?

Munti

hero member

Activity: 661

Merit: 504

Quote from: 435613422 on December 13, 2017, 05:45:46 PM

Quote from: vlom on December 13, 2017, 02:32:35 PM

Quote from: 435613422 on December 13, 2017, 02:09:22 PM

I downloaded the BitBay QT wallet on their website, and sent BAY there from my Bittrex account. It has not reach my wallet. What can I do?

is the blockchain fully synched?

and the blockchain is fully synced on the wallet.

Please go to https://forum.bitbay.market/c/support for support

CryptTech

copper member

Activity: 328

Merit: 1

When will be the new exchange?

435613422

newbie

Activity: 34

Merit: 0

Quote from: vlom on December 13, 2017, 02:32:35 PM

Quote from: 435613422 on December 13, 2017, 02:09:22 PM

I downloaded the BitBay QT wallet on their website, and sent BAY there from my Bittrex account. It has not reach my wallet. What can I do?

is the blockchain fully synched?

and the blockchain is fully synced on the wallet.

Munti

hero member

Activity: 661

Merit: 504

Quote from: DrearyUrbanite on December 13, 2017, 04:15:43 AM

Quote from: cr197 on December 02, 2017, 11:13:20 AM

Quote from: DrearyUrbanite on December 02, 2017, 11:04:13 AM

It's quite some time ago that I checked how Bitbay is going. I would like to understand what the current stage of development is and what potential investors can expect to happen in that regard over the next 6 or so months. It is astonishing to see where the whole project is today. My congratulations for that!

https://bitbay.market/roadmap

Lot's of releases over the next 7 months. Wink

I'm praying we can release the dynamic peg before any potential cryptocurrency bubble pops.
Because it would become one of the most sought after coins in the industry for those that don't want to cash out.

What is the dynamically pegged coin about? Is it something like a decentralized Tether? But then there is also Nubits on Bittrex, which is supposed to be decentralized. Not sure how they work exactly. Can you something about that? Would like to understand the mechanism you have in mind and what you want to achieve with it. Thanks in advance!

Yes, decentralized. But a very different construction than you find in tether or nubits. There are three main differences:

1. Decentralized, so you don't leave your faith in the hands of a few (possibly corrupted) people.
2. Our peg is constructed to reduce volatility -not eliminate it. The point is to make the coin stable enough for normies to use as a currency, whilst still attracting investors and traders.
3. The peg is enforcable. With Tether you have to trust that the owners are able and willing to back the peg. With Nubits you have to trust that the incentives work. We have already seen they don't always work. With BitBay's peg it can be enforced no matter how much a trader or events push down. It has it's limits if traders or events push up, but we assume most Bay owners willl not mind that.

vlom

legendary

Activity: 1498

Merit: 1117

Quote from: 435613422 on December 13, 2017, 02:09:22 PM

I downloaded the BitBay QT wallet on their website, and sent BAY there from my Bittrex account. It has not reach my wallet. What can I do?

is the blockchain fully synched?

435613422

newbie

Activity: 34

Merit: 0

I downloaded the BitBay QT wallet on their website, and sent BAY there from my Bittrex account. It has not reach my wallet. What can I do?

DrearyUrbanite

sr. member

Activity: 756

Merit: 250

Quote from: cr197 on December 02, 2017, 11:13:20 AM

Quote from: DrearyUrbanite on December 02, 2017, 11:04:13 AM

It's quite some time ago that I checked how Bitbay is going. I would like to understand what the current stage of development is and what potential investors can expect to happen in that regard over the next 6 or so months. It is astonishing to see where the whole project is today. My congratulations for that!

https://bitbay.market/roadmap

Lot's of releases over the next 7 months. Wink

I'm praying we can release the dynamic peg before any potential cryptocurrency bubble pops.
Because it would become one of the most sought after coins in the industry for those that don't want to cash out.

What is the dynamically pegged coin about? Is it something like a decentralized Tether? But then there is also Nubits on Bittrex, which is supposed to be decentralized. Not sure how they work exactly. Can you something about that? Would like to understand the mechanism you have in mind and what you want to achieve with it. Thanks in advance!

Munti

hero member

Activity: 661

Merit: 504

Quote from: felipepoide79 on December 12, 2017, 06:24:12 PM

Do you intend to create mobile wallets for bitbay? Or if it was added to coinomi it would be very interesting. thankful

Yes. Mobile wallet is on roadmap.

felipepoide79

newbie

Activity: 33

Merit: 0

Do you intend to create mobile wallets for bitbay? Or if it was added to coinomi it would be very interesting. thankful

funsponge

hero member

Activity: 776

Merit: 557

Quote from: Acti_crypto on December 11, 2017, 02:46:08 PM

Hey guys i have some BAY in cryptopia and i need to know is the new BitBay web wallet safe and secured to store my BAY on it ? thanks in advance

yes the web wallet is up-to-date and on the latest version and official Bitbay software

Acti_crypto

newbie

Activity: 6

Merit: 0

Hey guys i have some BAY in cryptopia and i need to know is the new BitBay web wallet safe and secured to store my BAY on it ? thanks in advance

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

A very nice new web page for Bitbay. Looks really professional that was needed. A lot of updates for Bitbay lately. Still, a lot undervalued in my opinion.

HVCC

member

Activity: 93

Merit: 10

BitBay Community Update - Dec. 10th, 2017

https://www.reddit.com/r/CryptoCurrency/comments/7ixsic/bitbay_community_update_dec_10th_2017/

noobtrader

legendary

Activity: 1456

Merit: 1000

Quote from: dzimbeck on December 08, 2017, 04:20:45 AM

True, however that wasn't my point. I was saying hindsight is 20/20. And long term bulls tend to do better than short term bears.

yes for good coin, that usually the case.

dzimbeck

legendary

Activity: 2414

Merit: 1044

Quote from: bribed on December 08, 2017, 07:42:39 PM

Quote from: Munti on December 08, 2017, 04:22:53 PM

Glad you like it. We are quite proud of what BitBay has already accomplished

Yes, the client will sync. The blockchain download is for those that don't want to wait for the syncing. You can download it and replace the files in your bitbaydata folder with the ones in the download. We replace that download every now and then, so it will normally take you to 85-99% synced.

Yes, the marketplace in the client is in use. all kinds of items are sold and also OTC deals for coins. The most spectacular trade so far has probably been this: https://medium.com/@tradersnow/how-i-sold-5-acres-of-land-using-bitbays-trustless-smart-contracts-28f18b83125 The activity on the marketplace is not high yet, but we are working on that. The marketplace runs over bitmessage, and that entails that you can only see contracts that have been posted or refreshed after you joined, so it can take a little while before you see everything that is posted. We have a bitmessage server ready that will make it possible to see all contracts imidiately. One of the coming updates will give you the option to connect to it.

Thanks for the fast and detailed answer.

Alright, now I understand why there is the downloadable blockchain as well. I guess I will also download it to make it sync faster.

Great to hear that the market place is running already. I love free p2p marketplaces and yours is by far the most beautiful I've seen so far. Im looking forward to the widespread adoption of BitBay, this will be just huge!

Do you also got a telegram/ discord/ slack channel or any other recommended sources to get the latest updates?

Kudos to everyone working on this project, Im really into it!

Yeah we have a Slack and forum it can all be found on our website at bitbay.market

bribed

full member

Activity: 238

Merit: 100

Quote from: Munti on December 08, 2017, 04:22:53 PM

Glad you like it. We are quite proud of what BitBay has already accomplished

Yes, the client will sync. The blockchain download is for those that don't want to wait for the syncing. You can download it and replace the files in your bitbaydata folder with the ones in the download. We replace that download every now and then, so it will normally take you to 85-99% synced.

Yes, the marketplace in the client is in use. all kinds of items are sold and also OTC deals for coins. The most spectacular trade so far has probably been this: https://medium.com/@tradersnow/how-i-sold-5-acres-of-land-using-bitbays-trustless-smart-contracts-28f18b83125 The activity on the marketplace is not high yet, but we are working on that. The marketplace runs over bitmessage, and that entails that you can only see contracts that have been posted or refreshed after you joined, so it can take a little while before you see everything that is posted. We have a bitmessage server ready that will make it possible to see all contracts imidiately. One of the coming updates will give you the option to connect to it.

Thanks for the fast and detailed answer.

Alright, now I understand why there is the downloadable blockchain as well. I guess I will also download it to make it sync faster.

Great to hear that the market place is running already. I love free p2p marketplaces and yours is by far the most beautiful I've seen so far. Im looking forward to the widespread adoption of BitBay, this will be just huge!

Do you also got a telegram/ discord/ slack channel or any other recommended sources to get the latest updates?

Kudos to everyone working on this project, Im really into it!

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 98. (Read 542225 times)