Ok, happy medium.

Installing Ubunktu 64 Bit on a VMWare image on my Mac. I'll try running the new Linux QT wallet under that.

How about running a Bay node on a cloud hosted linux box, up 24 hours a day ?

I'd like to do that for staking but it seems a bit unsecure having to have the live wallet on there and unlocked.

Any thoughts on how to do this securely ?

Ok, thanks. Will upgrade ASAP.

Will it be possible to import a private key for the legacy chain into the market client ? (Or into a new QT client which supports the post-fork upgrade) ?

I don't know if I'll get upgraded in time for the fork.

BAY pulling away now, well inside the 900 Sat "arena"

Walls @ 950 and 960 demolished. Volume also ramping up. Over $16 million for the day so far. Starting to break out of that little "cup' formation at the end of the 2 month bowl on the BTC ratio.



15-minute volume over the last 5 hours...

Yes. Good idea.

I'm not a linux geek but there are some good GUIs around. Maybe I could run that in the VM instead.

I'm just paranoid. I see Windows as the most rat infested, virus ridden, keyboard logging , attack prone operating system in existence. I also imagine that Microsoft stuff has more back doors than a city centre brothel so I generally try to avoid it for normal stuff, never mind for storing skyrocketting cryptocurrencies on.

Exchanges are interested in volume.

Bitbay's done $14 million in volume so far today. Used to be about 4 BTC a day if I can remember. (Which would have been more like $3-4000).

It can be quite a liquid market when it gets going and the more interest there is the more liquid it will get. Timing is good because bitcoin is drawing huge amounts of new capital into the sector and Bitbay is starting a new promotional and development wave at the same time.

Caution, careful handling of priorities and steady steering is now needed all round. If no big mistakes are made then volume will continue to rise and exchange listings will follow automatically.

P.S. Improving liquidity is also going to be great for Bitbay's pegging protocol because the more liquid the market is, the more leverage the supply-throttling will have over the price and consequently the less of it will be needed. Eventually the market may peg itself because the mere threat of the blockchain clamp will be enough to prioritise price targets for traders. (Think Mario Draghi..."whatever it takes" Jaw-Jaw effect on Eurozone peripheral bond yields, 2012-2016).

Ok, decided to do something I'd never normally do.

Run a crypto client under Windows. (Under VM Ware on the Mac).

Downloading Bay QT for Win now.

Wow. I'd say so.

Hadn't noticed that, nice discovery. Look at the volume at the entry, middle and exit from the handle: textbook. Bit of a deep handle but you rarely get them to perfection.

Yeah, I got verified. Can withdraw.

Well my account on there is years old, yet it's labelled as "new" and therefore requiring verification.

Capturing facial photographs, passports and detailed address information just for trading crypto-to-crypto is beyond the pale IMO. You even need to do it now just to withdraw the slightest holding of sh*tcoin. The other thing I think is disingenuous if not outright deceitful is capturing thousands of people's passport details in the name of "protecting their identity".

There's no greater way to compromise your identity than uploading it to some website where you've got no clue whatsoever of what staff members are handling it or even what they're doing with it. Then the company gets sold because it has a nice, fat demographic database with mappings from individuals into blockchain addresses, the founders exit and before you know it your personal information is a capital asset on the open market with everyone lining their pockets from it except you.

I've often verified fully for banking services such as debit cards etc, but that's no different from what you'd have to do for a regular bank and is has always been highly regulated anyway. I don't believe that brokering blockchain to blockchain transfers warrant some random 3rd party turning themselves into a worldwide financial stazi.

It's a mass, coercive data capture exercise disguised as "protecting our customers" IMHO.

If I don't get my wallet upgraded before Nov 30th will I loose all my Bitbay ?

What's the worst that can happen ?

Actually, the bodyweight of community members is a priority metric for certain digital-asset observers, even if they have to "make it up". You may find it features in direct proportion to that asset's accruing value

I just realised there isn't any Mac QT wallet yet for the new fork.

I downloaded the Mac wallet from here. Is this the correct page with authentic clients ?

http://bitbay.market/getstarted/

The reason I ask is because the download package is a ".zip" and not a ".dmg" as expected for a 'proper' Mac installer which made me nervous

It isn't FUD that crashes markets, it's technicals.

Well it's got 14 times more price. (of 12 months ago).

Not different times. A spike is a spike and it's heading back to 2k or lower for consolidation before the next wave.

Just be glad if it's 2000 and not 200.

It feels like that now but when sentiment turns around, all anybody can think of doing is offloading for the highest price as poss. It doesn't take many sellers to create a huge retrace, just as long as there's more of them than buyers. In a bear market the buyers just bide their time.

We've always had 70-90 percent retraces after a huge runup.