Have you even looked at the transactions in the blockchain explorer?
Peter sent money to someone directly not on an exchange. Here is a hint:   *tyYHiNz

The money supply has grown to 4,927,976 BTA.

The miner(s) controlling this address: BL2QyJ9C9Fc5uEa2Uj5TFuUCkgGPh67PXh  are STILL responsible for selling a large percentage of the coins available.

Without releasing too much information too soon I would like to explain further.

Yes we would like to give the community a chance to test the platform and give us real-market feedback.

A P2P Profit Share represents liquid capital currently invested into a project, NOT currently in use for business activities or startup-costs.
They can be traded for profit by users on the network using our peer to peer marketplace or withdrawn back into their corresponding coins (manually processed by the Issuer Ex: BTA Dev)

ICO versus Crowdfunding

ICO (Initial Coin Offering) has been used by many venture capitalists to quickly profit from crypto-currency startups. Purchasing limited coins prior to being available for miners, or traders to trade on exchanges; These offer a short-term profit margin that usually attract large capital investments. Unfortunately, very few initial investors actually support the project and just want to sell their coins immediately when they're allowed to do so. This eventually causes the price to decline, as new investors fear failure and good ideas become stagnant in their own financial ruins, many projects perish. Millions of worthless coins become idle.

Crowdfunding (conventional) is a practical and sometimes difficult way for product and service developers to leverage public interest and attract financial support. By law, most of these public campaigns require strict guidelines to be followed. One for example: Entrepreneurs will need to rely on an exemption from the registration and prospectus requirements of most countries securities laws if they intend to issue securities through crowdfunding. Countless challenges arise within this industry especially when dealing with crypto-currencies or assets.

A New Beginning

Profit Share Platform is intended to self-regulate public or private crowdfunding by creating a new method known as a low risk Profit Share. Issued by reputable businesses or entrepreneurs, transferred on a peer to peer network, publicly visible and transparent with 100% liquidity.

A Pre-launch for Profit Share Platform 1.0 is scheduled to be before the end of April, we're happy to create a BATA Development Share that will allow for investors to easily contribute to the growth of BATA while testing our revolutionary platform.

If anyone is wanting to learn more about some of the basic concepts behind the development of the Peer to Peer Profit Share Platform, please feel free to view the document below.
Self-regulation of Bitcoin & derivatives http://biznaturally.ca/Self-regulation_of_Bitcoin_derivatives.pdf

An official Project Whitepaper, Webpage and BETA version is under development. We look forward to working with BATA and their supporters during our experimental launch phase.

Your efforts are truly appreciated, every project begins with sacrifices and hardships. For over a decade, the basic framework for a Profit Share Platform has been theorized and partially constructed, inspired at a time when the 2008 recession was not fully acknowledged by most economists. Prior to Bitcoin, this basic framework for improving financial markets was simply too ahead of its time. Lacking very important fundamentals that are only starting to become adopted by mainstream finance. All present developments have been personally financed with zero help from outside sources.

After extensive evolution: we've been nearing completion of a conceptual release for a few years now, although some issues with Bitcoin has prevented this. Network congestion and lack of consensus on users to agree upon block-chain size, centralized mining and price manipulations are very concerning. If Bitcoin developers can't simply work together then any new improvements made to that protocol will be very slow in implementing.

Litecoin is popular, and was a very good improvement upon the original Bitcoin source code, it's truly unique. It does require additional support from merchants and services to survive though.

BATA coin has intrigued us in a few ways. It appears most crypto-currency users have simply ignored it, or are waiting for new improvements. This unique name, extensive support from the founder, a relatively stable price; presents a perfect opportunity for us to begin implementing what we would consider a long-overdue public release while working closely with the development team.

During our pre-release phase, Bitcoin, Litecoin, and BATA will be the exclusive coins used. No other coins will be implemented at that time, and a real-world small-scale test will begin. We're getting very close to that phase, and we thank everyone for their interest, contributions and dedication to their related projects. After extensive testing, and improvements an official release will made including source code, allowing for other coins to be implemented and custom developments to the protocol.

Profit Hunters Club

The need for self-regulation of Bitcoin Derivatives

Today, the world's first Bitcoin Exchange-Traded Fund (ETF) was officially rejected after seeking SEC approval. This can be seen as a major set-back for anyone else seeking to implement Bitcoin in modern financial markets. Others, can view this opportunity to re-evaluate the current situation and all factors involved and simply create something better.

"The commission ultimately concluded that the price of Bitcoin is still too vulnerable to manipulation for it to be certified. “Regulated markets related to the underlying asset provide a ‘necessary deterrent to manipulation,’” the commission wrote in its analysis. “To the extent there is some question as to the degree to which Bitcoin is subject to manipulation... regulated markets relating to Bitcoin would help answer that question and address instances of such manipulation. Two other ETF proposals pending before the SEC, and there are significant differences that might allow either one to succeed” - TheVerge.com

Those whom been involved with Bitcoin for quite a few years can all agree on one thing: Bitcoin has been like the "wild-west" on steroids. Most of us can vividly remember exchanges going bankrupt after thieves broke into their servers and stole all the coins, investment funds that became ponzi schemes, and price manipulations by malicious miners and robotic traders. This wild ride has shaken, stirred, and affected investor confidence that could have supported a positive SEC assessment.  

Truth be known: the SEC and other financial regulators are desperately trying to keep up with the ever changing crypto-currency ecosystem. This complex independent peer to peer economic model conflicts with their own  ideologies focusing more on centralized oversight rather than consensus among those involved within the industry. Most Bankers are only beginning to understand Bitcoin, the Block-chain, peer to peer networks, and how these concepts can transform finances for many generations to come. Pioneering Bitcoin users, realize the risks involved and already understand that any oversight from regulating agencies won't affect their own confidence in protecting themselves with market risks. Some enthusiasts actually fear industry regulation due to a threat of negative interference in what most view as a true free-market. The concept of a free-market having regulation is viewed as somewhat of a contradiction by some people, although nearly everyone can agree that some kind of government oversight is required for mass-adoption and integration into the current system.

Controlling Money Laundering, Fraud and Terrorism activities has been the general mission for current regulating agencies, their focus has been directed towards the large exchange platforms and services. Yes, they should be a priority, although the effectiveness can be argued since the very foundation of fiat money is unlimited untraceable units of wealth, this undermines the transparent and limited supply ideology of Bitcoin. Simply asking for and verifying passport and identification documents will never fully stop criminal activities using Bitcoin. The problem is not born from a "new age" payment method; Digital currencies using very advanced cryptographic encryption along with algorithms for controlling inflation, payment processing, and transaction fees... The problem is the current financial system.

A new approach of self-regulation and education regarding digital commodities/currencies and their derivatives is the only way to move new concepts forward by minimizing risks involved.

Beginning at the protocol level for crypto-coins; implementing a user-based voting system should become priority in the future. If account addresses can be rated by users of the network to publicly display the potential risks involved in dealing with certain merchants, exchanges, or users on the network this could allow for simple due diligence to be performed and prevent fraud. Decreasing the resources used for regulating by centralized third-party oversight formed as "regulating agencies". A simple self-regulating protocol with transparent integrity checking will automatically assist legal proceedings of criminal activities warranting investigation or prosecution.

Regulating ETF and other crypto-coin derivatives & investment assets is a very difficult task to accomplish. If this can be achieved; it would most certainly be a positive thing for Bitcoin. In our most humble opinions: Bitcoin and related investments should not be traded on the major markets alongside ETF or considerably safe hedge funds or labeled as such. A new "side-market" should be designed and implemented with caution, one that embraces the fundamental transparency of block-chain technology. As described above: a user-based voting system for accounts should also be implemented, along with a proprietary method for pricing shares based on real performance of companies or hedge funds, and backing their non-speculative worth using digital commodities like Bitcoin and BATA. Profit Hunters Club is currently working very hard to create the foundation required to move these experimental technologies further ahead and allow them to have a greater impact upon global financial markets and e-commerce in general.

First learn how to write/read proper English.

Second, what's truly "sad" is seeing you come here and attempt to pump a coin you're obviously dumping! Clearly your motivation for increasing buying demand at this point is so you can recover the BTC collected from your minions used to pump the price initially! Have fun explaining to your loyal members why none of the community wants to buy your "worthless" coins until they're almost worthless! No more quick profits from your scheme will be possible. If you really want to make us angry, PHC can follow your group around the internet and alert all the unsuspecting investors you steal money from daily....

Third, realize that you tried to pump and dump the wrong coin! It's no secret about what solutions your group provides, you promote that openly! A "weak coin" does not need a temporary boost in price to give the illusion of real world value. It needs a community of dedicated developers, investors, merchants and customers who see the project as a long-term solution for real world problems. So many coins have suffered from your groups efforts to gain a quick profit especially when your minions start accusing honest developers of doing YOUR dirty work!

Forth, Speculation clubs continues to plague even the most dominant money markets today. In 1998, GATA exposed the fact that Gold and Silver prices have been artificially suppressed by central bankers in efforts to boost the Dollar and Euro along with Nasdaq and other Wall Street securities. Now in 2017 nothing has changed.

The derivatives markets prior to 2007 was over-leveraged due to speculation. It ended up crashing when people figured out that mostly everything they've been holding was over-valued and their investments had no real-world value whatsoever. Here's a good explanation from the movie The Big Short https://www.youtube.com/watch?v=z2o81aJSEAM

Government issued fiat currencies are no longer backed by Gold or Silver bullion, their value depends 100% on their speculative worth based on global demand. Countries involved with the Central Banking System do not need to show that their economies are productive or profitable on a global market, their worth is created by those that believe the currency is valuable. At anytime, countries can flood their markets with newly created dollars (inflation) in efforts to manipulate share prices and create an illusion that the economy is doing well, even though it can be almost insolvent.

Gold and Silver have real world value as industrial materials as well as a speculative store of wealth. They've been considered very valuable for thousands of years due to their low supply and high energy requirements for extraction/production. They've also became useful for production of electronics and in medicine, due to this fact alone demand has increased exponentially. This intrinsic value is only a fraction of the real world price, the rest is speculation.

Crypto-currencies aim to control the rate of inflation and curb corruption, and yet are still vulnerable to speculative investing. They have no industrial use as a raw material, they have a pre-defined finite supply, and require an increasing amount of energy to produce. Similar to gold: Their real world value is also based upon the cost of energy to produce them, along with speculative demand even if they have no industrial use in their "raw" form. Crypto-coins are becoming more favorable for exchange and bartering simply because their high liquidity and ease of use. "BARTER = exchange (goods or services) for other goods or services without using money."  World-wide governments are reluctant to call Bitcoin and other crypto-coins "money" because they're very similar to Gold and Silver which are considered commodities.

Shares offered by public companies through major money markets are also vulnerable to speculative boom and bust cycles. What was once considered a profit sharing opportunity for the public to be involved with new projects; can now be considered a liability if a speculative club simply uses it as a quick way to profit and thus abandoning a long-term profitable project. This affects every share holder regardless of the real world performance at that fund or company. Unsuspecting investors with bad timing can suffer huge losses completely out of the control of the company offering the securities because of malicious investors. Profit Hunters Club is working on a Peer to Peer Profit Sharing platform that protects both the offering company and honest investors from speculative investment clubs, using BATA and other crypto-currencies we strive to change how Wall Street and other major markets operate, and plan on working closely with regulative agencies world-wide.

Speculative investment clubs are creating the very foundation that will eventually boost the BTA price in the future, although they might not realize at this time because first, they must face the karma they've created.

BATA DOES NOT need investors like you that support "pumping coins" for profit.

Strategic objectives like creating real-world uses that support BTA and crypto-currencies IS the price support needed, if a coin does not have that then it relies on luck.

If you and your group are responsible for dumping all the coins on the markets recently, the entire BTA user-base thanks you very much!

We're going to sit here and wait as long as possible. 

Drive that price all the way to 0.00000001 you stupid greedy fools, everyone here is not in any rush to keep pumping the price higher for the sake of giving profits to you! 

When you refer to token, I am assuming you're thinking my above summary point was referring to the use of BATA as a token, let me explain further from what I know of that top-secret project:
An independent P2P Profit Share platform (side-chain) is currently being developed. Bitcoin, BATA and other reputable coins will be used as liquid capital associated with and backing smart-contracts between investors and businesses. Crypto-currency will serve as a liquid decentralized currency to private loans at variable rates of interest, transparently self-regulating peer to peer profit share agreements.

In Development at the moment:
- A new Wallet app that allows Proof of Staking (earn coins from the network by simply storing your coins in your wallet while online)
- A Peer to Peer Barter platform (Exchange goods and services in a decentralized environment)
- Cooperation with EntangleIT project. (https://entangleit.com/)
- A 3rd-party developer has privately disclosed: a Peer to Peer Profit Share Trading Platform (smart-contracts) currently being built & tested will include BATA as a primary coin during the launch phase.
- Other projects such as marketing and education are also planned to ensure wide-spread adoption.

Sounds like things are moving along quite well.
Slow and steady wins the race!
Very exciting to hear all these improvements are moving along as planned.
Thanks for your hard work development team, patience is key!
We're happy to assist in beta testing if required.

https://chainz.cryptoid.info/bta/#!wallets

Largest Guesstimated Wallets

Rank   Name   Addresses   Net Worth   Percent of coins   Last Change
1   BEJQx7EA...   235   1,689,490 BTA   34.40 %   34.40 %   25 minutes
2   BCpmn5bs...   2   894,322 BTA   18.21 %   52.61 %   18 hours 49 minutes
3   BAusmQYE...   1   503,557 BTA   10.25 %   62.86 %   4 days 17 hours
4   BCUVBYyb...   1   443,999 BTA   9.04 %   71.90 %   441 days 11 hours
5   BD7S41eo...   217   206,738 BTA   4.21 %   76.11 %   25 minutes
6   BN5Gixtx...   6   118,755 BTA   2.42 %   78.53 %   226 days 18 hours
7   BJsPi7rK...   1   115,974 BTA   2.36 %   80.89 %   15 days 8 hours
8   BCT6HtMb...   1   100,474 BTA   2.05 %   82.94 %   183 days 20 minutes
9   BDbTG1Jf...   158   92,536 BTA   1.88 %   84.82 %   25 minutes
10   BQdAdrA5...   1   64,072 BTA   1.30 %   86.12 %   15 days 5 hours
11   BRQwtCva...   1   50,008 BTA   1.02 %   87.14 %   13 days 14 hours
12   B5SEKaXN...   3   37,973 BTA   0.77 %   87.92 %   4 days 22 hours
13   B6yLjaMQ...   1   28,421 BTA   0.58 %   88.49 %   232 days 4 hours
14   B7NEQ4fr...   1   26,179 BTA   0.53 %   89.03 %   162 days 13 hours
15   BEyHjuxH...   84   22,159 BTA   0.45 %   89.48 %   25 minutes


If you actually look at the numbers, the largest wallet belongs to an exchange platform, 5th and 9th can also be assumed the same.

The developer (wallet #2) only holds 18% (not pre-mined) and if you assume his "friends" are wallets #3 and #4 they still only hold 37.5% of total coins. You should probably present your arguments with real facts, before you assume others will quickly adopt your opinions.  

Someone/or a group has been selling a bunch of newly minted coins, this large sell volume has kept the price low.

Bittrex sell orders total: 479,149.349 BTA and one can assume that the largest wallet belongs to them... LESS THAN HALF of the total BATA coins held by Bittrex at the moment are for sale... the majority of investors are holding and not dumping their coins, they left them in Bittrex because they're waiting for the wallet update to be released. DEMAND for this coin is still at 1,238,528.611 BTA  so even if the price goes down to 0.00000001  in the short term, the long trend will be up. if everyone who wants BATA coins waits as long as possible to buy them, then they will get exponentially cheaper if someone is really eager to sell them.

BATA coin truly represents a free market currency. Founded by someone helped by other honest adopters and truly revolutionaries within the industry.
We've been watching this coin for quite some time, reading back on its history, clearly shows those whom have contributed to its success truly believe in their vision.

Recently it was quite a ride, a massive and quick price increase caught most investors off guard. It was almost as though the free market got a wake up call. New concepts and ideas need to be discussed, developed, implemented, tested and later adopted by the masses. Those who truly understand crypto-currencies, realize there is huge growth potential and thus hidden profits waiting among new concepts and solutions. The race begins to create the platform that will be used by e-commerce for decades to come...

Bittrex Buy orders: 1,521,109 (BTA)
Bittrex Sell orders: 462,951 (BTA)

Mass seller remaining balance: 69,878.07008316 BTA    https://chainz.cryptoid.info/bta/address.dws?2870.htm

Price appears to have paused at 3350

 

ZERO DISTRIBUTION?  Available on Bittrex: 560,000+

Total Wealth Distribution:

Top N addresses   Holdings       Percentage
Top 10                   3,017,694    BTA   61.55 %
Top 100                 4,522,949    BTA   92.25 %
Top 1000               4,894,207    BTA   99.82 %
All 12251               4,902,852    BTA   100 %


Richest 10 Addresses

Rank      Address        Amount              Percent of coins       Last Change
1              BCpmn5bs...       893,859.0 BTA          18.23 %               6 days 22 hours
2              BCUVBYyb...      443,999.1 BTA           9.06 %               429 days 8 hours
3              BG8W7eWu...     403,557.4 BTA           8.23 %               4 hours 29 minutes
4              BNeArQ65...       292,689.2 BTA           5.97 %               2 hours 21 minutes
5              BG2FusbK...       277,497.0 BTA           5.66 %                  168 days 6 hours
6              BJrkz99h...         194,558.5 BTA           3.97 %               2 hours 28 minutes
7              BF9dGysc...        158,845.5 BTA           3.24 %               3 days 12 hours
8              BEJQx7EA...       136,240.1 BTA           2.78 %               4 days 7 hours
9              BJsPi7rK...          115,974.0 BTA           2.37 %               3 days 5 hours
10            BCT6HtMb...       100,474.0 BTA           2.05 %               170 days 21 hours


After a small amount of research, we've found the address we believe is responsible for mining and then attempting to sell over 600,000 coins the past few days. This surge in available coins caused the price to crash. BL2QyJ9C9Fc5uEa2Uj5TFuUCkgGPh67PXh (#12 on Rich list)   https://chainz.cryptoid.info/bta/address.dws?2870.htm

A few members of our club have noticed some interesting details after discovering one had a screenshot of Bittrex orders/Market history taken Feb 6.

A quick analysis suggests that a large portion of the new BATA coins being sold on the exchanges in the recent few days are a direct result of someone or a group selling almost instantly as they mine new coins, THE DEMAND decreased slightly in BATA but increased in BTC value. AVAILABLE SUPPLY has almost doubled in less than a week doing the simple math: the price dropped by half to compensate.

BEFORE THE MASSIVE PRICE INCREASE:
Time: 20:39:30 (02/06/2017)
Price: 0.00006236
Total Buy orders: 1,700,027  (BATA)   9  (BTC)
Total Sell Orders: 235,077 (BATA)     10,072 (BTC)

AFTER THE MASSIVE PRICE INCREASE:
Time: 20:28:00 (02/09/2017)
Price: 0.00005501
Total Buy orders: 1,680,034  (BATA)   11 (BTC)
Total Sell Orders: 417,477 (BATA)     2,195 (BTC)

 

We're not pumping anything, been slowly purchasing and mining this great coin for many years now. The DEV has a large portion of coins, because he has been mining it for a long time, pools have been operational since the beginning and everyone had a fair chance to mine as many as he did.

If you've been watching the market: you can clearly see it's been somewhat sideways and even up since the large miners (joined the network less than a week ago) sold everything they could and drove the price to 3000. This was happening while everyone couldn't withdraw/deposit their coins from/to exchanges due to the wallet upgrade being implemented at a scheduled block that came sooner than expected because the network hash-rate climbed so quickly.

Wow, this is so exciting!

All those posting negative comments: you should read page #1 of this forum post and continue until you get back to this one: LEARN ABOUT WHAT YOU'R INVESTING INTO!

We just bought up a bunch more at these low prices, patiently waiting for the next phase in profit making. Don't sell at these prices, and you won't lose money.. it's quite simple.

Our favorite mining pool is operational with the wallet upgrade and we're able to mine POW again.

While the prices where at their record highs, so was the difficulty rate: 100+ and the network hash-rate too: ~4 GH
Now at these mid range prices, after a few wallets have been upgraded, the difficulty is rising again past: 20 and the network hash-rate is over 1 GH

Anyone buying BATA right now upon our recommendations, can donate a few BATA coins to: BHVXVSKWHp9jXih6jf7zh34Cx7GfWN67SN Thanks!

Compile from the source code https://github.com/BTA-BATA

We're running v0.8.7.5-unk-beta and is synced @ 574420 (5 peers) only 1 hour behind on the blockchain

Some of our recent Bittrex withdrawals to bata requested as the price decreased dramatically have been processed, quicker than expected!!! (panic buy and save)

You will probably need to upgrade your wallet in a few hours, wait for further instructions from the development team, we're in the same boat as you...

Looking here: https://chainz.cryptoid.info/bta/  It can be assumed the development team is using 319.815 MH/s to process the transactions from 17 hours ago that could no longer be processed by the mining pools due to the scheduled hard fork upgrade that's been planned for quite some time.

Our guess is that these transactions are being processed using the new wallet upgrade featuring the hybrid POW/POS. hopefully everything goes well so our development team can return to the forums and the Profit Hunters Club can take a break talking with all the "newbies"... and get back to searching the internet for money!