Bitcoin Forum
April 24, 2024, 04:58:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 121 »
561  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚒ Syscoin -Active Lightning Networks!Decentralized Business Blockchain Platform! on: August 08, 2017, 01:04:24 PM
I thought this was a Syscoin thread...

I'm sorry, I've been trying to leave this thread. If Sid wants to respond he can do it on another platform like hit me up on Skype. I only responded to Sid's comment and didn't expect to get trolled. But please post about Sys. I shouldn't have responded to the guy. You can delete all the comments if you want (and consider it off topic). And please forgive our community member for posting the info-graphic.
562  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 08, 2017, 10:07:27 AM
whats road map for peg

The roadmap is on the OP. Here is what is planned...

Next update:
Time locks, burn/notary, Freezing of coins (needed for the swap of frozen coins)
And the fork update to the staking reward

After that each template is released one by one Buy/Sell, Employ/Hire, Barter, Python templates

Then the API which should be easy since I am letting people use the interpreter.

Then finally the first demo client of the long awaited peg. Here we will be able to test the feel of it by simulating it on the client side.

Then the peg becomes hard coded for the mining rules and we build the API commands for the exchanges and talk to them about what they need.
563  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 08, 2017, 02:02:56 AM
above post made by a bot by the looks of his post history.

Well you've got a point he comments on tons of different threads like a comment a day. Kinda odd. However,  I think he came by from Sys thread if you notice he posted there shortly after. It's really trivial and lame tbh. We didn't fud them I only responded to Sid's comment and now a few of them are upset. Just let it pass I guess. The funny thing is, I want them to be successful and stated a few times that no harm was intended and was only responding to things that were said about us that are untrue.

I think the best thing to do is if you are an investor of BitBay always remember to be respectful of other communities unless of course it is a trap coin. I prefer to be friendly with other devs to chat about crypto and theory and stuff... not to compete with them.

Oh well...

The race is always with ourselves. We never gauge our progress or skill in terms of what everyone else is doing.

That is why we pioneer ideas here.
564  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 07, 2017, 06:47:08 AM
If this crypto really has all the features listed, why is it still so low on marketcap Huh


No idea, it's sort of ridiculous that it isn't top 20. We don't know why, however eventually the market will react to it. Still better than Dogecoin!
565  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 06, 2017, 01:13:16 PM
When will the wallet be released?

The wallet exists... bitbay.market

It's been around for 3 years. We have constant updates almost every month. The whole project will finish hopefully sometime this year.
566  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 06, 2017, 01:12:24 PM
I don't quite understand how a unilateral system would work.  In the second example, buyer puts up double, so 400 gets locked in contract?  What if seller sends an empty box?  Does the buyer reject the transaction and get all 400 back?

What if the seller did actually send his item but the buyer rejects the transaction anyway?  Does the buyer get his money back while the seller loses his item?

I'm sure I must be missing something  Huh

The seller of coins aka the person depositing $400 coins goes into a joint account with the buyer.

So lets say she was selling coins for cash. I think the term "seller" confused you.

Alice is selling $400 of COINS for cash. She wants Bob to trust her and this will be Bobs FIRST purchase of crypto.

They go into a DDE contract 2 of 2 joint account.

Now when Bob sends $200 in cash Alice can't steal it or Bob blows up the money.

They both release the contract and everyone wins.

The risk is that Bob just blows up Alices money before sending his cash. This is why it is critical for Alice to interview Bob in advance or decide how much money she wants to advance. She could even simply advance 200 dollars and a 10 dollar deposit just something nominal. So with her advanced payment she would not really have any logical reason to keep the cash if she is almost breaking even.

Guarantor work for sellers and buyers in trade deals as well or even employment contracts. If a person was buying a 200 dollar guitar, the seller of the guitar may not want to put up collateral as they don't hold much Bay. The buyer would then do something similar to the above scenario.
567  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 05, 2017, 11:25:45 PM
Understood, thought that might be a possibility, but won't the high outlay be a barrier to entry?  For the uninitiated, I could see how putting 100% on the line would make them uneasy or irate for a variety of reasons.  In many, many cases it would be entirely impractical.  The folks using these marketplaces by and large won't be rich.  Their net worth could (and in practice, will be) tied to the very items they're selling.  For the guy listing the 10,000 BAY comic book, that could be an entire month's salary locked up in crypto limbo until the sale is completed...an amount our fictional seller cannot afford to put aside.

Is there any way to incentivize the deposit and reward completed transactions?  For example a lottery wherein one could yield anywhere from 0.0000001% to 10% of the deposit for a sucessful transaction?  There are a variety of interesting ways to implement the odds of high payout, to further incentivize good and civil conduct.

The BAY to fund such a system would have to come from somewhere...where I don't know...but I believe it will take more than 0% fees to overcome aversion to 100% collateral.

Just kinda spitballing as I really like this project and want to see it succeed.

This is why deposit can be customized in the first place. Users who are new can take guarantor contracts do they aren't forced to put up funds. Those can be unilateral for example. The whole thing is an exercise in building trust. That's why we have a rep system built in. For an untrusted party like you said, collateral should be equal to the item value.

I guess we'll have to see how it unfolds in practice.  It sounds good, but it seems to presuppose the existence of a market that isnt yet there.  Chicken and the egg.  If everyone has to start as untrusted entities within the network, without rep, then you will still face the barrier to entry problem.  It seems to invite over-dependence on a centralized guarantor (who?), which could just as easily gain strength as lose it when the network matures, and corrupt the original intent into something like an eBay/PayPal.

I guess you're saying in practice you, as a seller, can buy a gurantee from someone who will financially back the integrity of the transaction and foot the bill if things go afoul?  And same as with the buyer?  If the buyer doesn't have collateral he can purchase -- what would you call it? a voucher? -- from someone who will back the transaction on that side?

Sounds like a transaction fee to me, albeit a decentralized one.  IMO unless there's some sort of financial incentive baked in people will find a way to game this system and burn it down before it has a chance to flourish.

Devil's advocate here.  Like I said, behind the project, but something as elemental as this really needs to be fleshed out in great detail.  If there's any extant literature to this end, please point me in that direction.

Guarantor contracts mean it's unilateral. One side puts up deposit. Example, you sell 200 dollars of coins, deposit 200 advanced payment 200 collateral. Buyer deposited nothing. Now he knows he can trust seller. Sellers only risk is buyer blows up contact before sending cash.

Similar solution with sales, buyer puts up double seller puts up nothing. Seller trusts buyer because he knows his item can be shipped.

The level of guarantor can be adjusted

I don't think it's a barrier to entry because they save so much money by using it and one party is always going to hold coins.

These questions are good and just realize this is a small concession considering we crush theft and deception.
568  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 05, 2017, 11:17:34 PM
Code:
: wallet.dat corrupt, salvage failed


wallet.dat: BDB0090 DB_VERIFY_BAD: Database verification failed

BDB1009 /home/xxxx/.bitbay/wallet.dat: unsupported btree version: 10


any ideas ?

thanks
https://stackoverflow.com/questions/22389442/bitcoin-wallet-dat-corrupt-salvage-failed?rq=1

https://bitcointalk.org/index.php?topic=158951.0
tried that
looks like wallet.dat was created with berkley bd 6.x but wallet require berkley bd 5.x not sure how this happened ?
has this coin been forked recently ?


The build works on tons of computers. The issue is not with berkley db. It was forked 8 months ago so that isn't your issue. Try PyWallet or some of the other recovery methods. Also you should always backup wallet.dat I don't maintain the QT and it's similar to the Blackcoin QT which has been forked a lot. Maybe if we upgraded to newest Bitcoin core we would find Bitcoin patch but I'm not sure they patched that.

If you built it yourself then maybe but I think your issue is a common issue with Bitcoin.

I code the markets wallet which runs no risk of database corruption because it doesn't mix database with private keys unlike wallet.dat

I wish I could be more of a help but all I can say is always backup your wallets

If you follow some of those instructions you have a chance try pywallet to see if you can get private keys outta that
569  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 05, 2017, 07:54:18 PM
Understood, thought that might be a possibility, but won't the high outlay be a barrier to entry?  For the uninitiated, I could see how putting 100% on the line would make them uneasy or irate for a variety of reasons.  In many, many cases it would be entirely impractical.  The folks using these marketplaces by and large won't be rich.  Their net worth could (and in practice, will be) tied to the very items they're selling.  For the guy listing the 10,000 BAY comic book, that could be an entire month's salary locked up in crypto limbo until the sale is completed...an amount our fictional seller cannot afford to put aside.

Is there any way to incentivize the deposit and reward completed transactions?  For example a lottery wherein one could yield anywhere from 0.0000001% to 10% of the deposit for a sucessful transaction?  There are a variety of interesting ways to implement the odds of high payout, to further incentivize good and civil conduct.

The BAY to fund such a system would have to come from somewhere...where I don't know...but I believe it will take more than 0% fees to overcome aversion to 100% collateral.

Just kinda spitballing as I really like this project and want to see it succeed.

This is why deposit can be customized in the first place. Users who are new can take guarantor contracts do they aren't forced to put up funds. Those can be unilateral for example. The whole thing is an exercise in building trust. That's why we have a rep system built in. For an untrusted party like you said, collateral should be equal to the item value.
570  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 05, 2017, 07:50:31 PM
Code:
: wallet.dat corrupt, salvage failed


wallet.dat: BDB0090 DB_VERIFY_BAD: Database verification failed

BDB1009 /home/xxxx/.bitbay/wallet.dat: unsupported btree version: 10


any ideas ?

thanks
https://stackoverflow.com/questions/22389442/bitcoin-wallet-dat-corrupt-salvage-failed?rq=1

https://bitcointalk.org/index.php?topic=158951.0
571  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Particl [PART]: Bitcoin codebase w/Native Segwit+PoS+CT+RingCT+Governance+Voting on: August 04, 2017, 11:47:38 PM
Someone just told me for your "MAD" or DDE you guys give exploded funds to stakers?! That is a bad idea if true. Because a person who gets lets say 20% + of the blocks or not enough nodes are online they may calculate the advantage of extortion and hope to stake their own destroyed funds. Not to mention they can collude with other stakers. I've been asked to do this before in Halo and had to decline as there is no charitable cause where the incentive could not end up working against us.

Thats why lost funds are burned. You guys should consider the risk there. If you are burning then don't mind this comment. Otherwise, have a nice day fellas.
572  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 04, 2017, 08:48:20 PM
You do have a point Cryptohunter. We are rather busy atm, but I will do a little research on the subject when I get the time. Would have to be some sort of sidechain solution though. We don't want to get in Ethereums situation with a blockchain that grows 1 GB each day. Pm me any relevant links, and I'll look at it when I can.



Totally agree we don't want to start bloating our blockchain. Sidechains would be the ideal way to go.

Anyone know of any projects implementing this type of system yet?



Maybe something like komodo?
Their chain is locked to the bitcoin blockchain.
You could lock a sidechain to bitbays-chain.

Yeah lets keep researching those other projects. Lisk has sidechains, I think... Ardor has them. But which project has them so we can let people build on us in a really easy way? Is there a codebase we can easily import? This is more of a long term thing to research. Are these sidechains secure and distributed?
573  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 02, 2017, 07:59:54 PM
You do have a point Cryptohunter. We are rather busy atm, but I will do a little research on the subject when I get the time. Would have to be some sort of sidechain solution though. We don't want to get in Ethereums situation with a blockchain that grows 1 GB each day. Pm me any relevant links, and I'll look at it when I can.



Exactly thanks Munti, yeah we just need to research other sidechain solutions to see what has been done so far. It is only good if there is a very easy way to deploy the sidechains. I'm not sure any coin has done that yet but we will keep an eye out for a scalable solution.
574  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: August 02, 2017, 02:46:55 AM
BitBay Community Update - July 31st


Our marketing team has completed their strategy for marketing the future release of the CLTV update.We will spend ample time to market this to various media outlets. As this will be a great milestone for us. BitBay will be the first coin to have checklocktimeverify (CLTV) built into the Client UI - not just some protocol that sits ‘under the hood’.


We wish to thank all the community that has taken the time to complete our marketing survey. If you haven’t already please feel free to do so. Remember, we will provide a 2000 Bay reward for the person who provides the best suggestion regarding BitBay’s future marketing and development!
You can take the survey here: https://bitbay.typeform.com/to/RHhm6b


The French marketing campaign continues. Our lead marketer, lude, will be speaking  live with the Community "La Baleine"!
And thanks to ‘little_round’ for helping him with this campaign!  


We are please to announce we will be listed on the Chinese BTC100.com exchange! They are currently revamping their website so we will have to wait a couple weeks before the listing will take place.
We’ve been listed on Cryptopia exchange as well!
After the rolling peg, these exchanges will hopefully be able to see the potential we can provide them as a decentralized hedging tool, and the potential to provide them with leverage(margin) trading as well - which will allow them to bypass the red tape involved with utilizing fiat as a leveraging currency!


Our SEO team is making progress. They are busy with our survey, building an SEO ‘turk team’, and pushing to keep our pos. 2 rankings for [bitbay]!


Our graphic designer, fridenhood, completed the draft of the first OP infographic revision bounty. We are make some minor alterations and hope to move to the next 2 ASAP.

As always - thanks for supporting BitBay!


Great news all round.

I hope btc38 will take us on soon too. Although cryptopia is growing well.

I see a lot of hype building over this stox ico. Prediction markets again. Bitbay is ripe for this kind of thing really.
Is there anyway we can issue tokens to fund coding out such things on top of bitbay?
What other ways are there to incentivise groups of developers to start learning to code out specific apps on top of bitbay?
David has provided a core product with such vast scope for specific apps and functions how do we attract and allow other dev teams to fund themselves to develop on top of it. This is the core issue i see when competing head on with other smart contract projects. I mean stratis is 500+M and i see no real reason for it to be 25x the cap of bitbay at all.

Well half the stuff on the top has no reason to be there... what is "Bitconnect" what is "Dogecoin". We can build on top of BitBay and that may come in time. First we get the remaining features done and see what happens. It's exciting stuff. We are still years ahead.
575  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (QTUM) - A Scalable PoS Smart Contract Platform - TestNet Live! on: August 02, 2017, 02:36:42 AM
The truth will set you guys free. Simply realize he didn't work for that money, maybe he can offer to help support us with much needed PR. If he sees what he did wrong he can repent for it. But denying it means he learned nothing and will repeat those mistakes here. It doesn't matter how high Patrick pumps this, it will eventually get him in serious trouble. Other than the fact that he must face himself in the mirror every day... that must be painful. No amount of money in the world would make me wanna be this guy. It doesn't matter what you code either. The same reason I don't invest in ETH is the same reason I don't invest here. It would betray my belief of not rewarding thieves. Although ETH is much better than this on that front. Earlz by working here you are enriching a thief. Steven at some point you owe me and the investors a pretty big apology. Is this wishful thinking?
576  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (QTUM) - A Scalable PoS Smart Contract Platform - TestNet Live! on: August 02, 2017, 02:22:01 AM
This was addressed in February. Some people (primarily accounts created or which have suddenly become active in the past month or two here and on reddit) continue to bring this issue up. Read the Smith and Crown article if you want a fairly unbiased account of where it stands. Nothing has changed because it's he-said vs he-said. There is no consensus to come to regarding a "solution", or anything to "clear up". We've made our statement and he disagrees with it; there's nothing else to be done. Furthermore, all of the things that Smith and Crown have said would rectify this concern in their eyes have already been accomplished, such as financial transparency and our code being released with all of the things implemented we said we would. Additionally, Qtum has 3 co-founders, it's not just one person running the entire project. We manage ourselves in a way that it's impossible, even if 1 of us became corrupt, to just up and run away with the crowdfunded money. This is common sense in any blockchain project like this. It's not 2014 anymore, where everyone naively shares a single-sig wallet. And finally, that article that "hangs over our head" is alone.. Well, I guess there's also that funny guy on youtube that said all the code me and my team had worked on (and that ~8 teams built hackathon projects on in the past 24 hours) actually doesn't exist. I literally LOL'd when I watched that just at the pure irony and timing of it.

Earlz it's not "he said she said"... Steven faked volume, bought 1/2 of BitBay, got a refund, got 150+ BTC and WALKED AWAY. Then he dumps his BitBay coins, crushing the market while I was coding. This guy has no soul. And the fact that you work for him knowing that is absolutely a joke. Ibai who used to work with Qtum(who was fired because they found out he is a friend of mine) will most likely tell any of you that Qtum did the same volume fakery.

Also no accounts were created to fud you... actually the opposite, you guys had tons of new accounts pop on to defend you. The people who comment, most of them were investors and I can personally verify most of them are valid investors. If you really want, I can ask the entire BitBay community to chime in here and you will see 100s of comments(obviously that's not necessary). Many of them don't want to spend a moment on you.

Case and point, Dai got money he did no work for. Walked away. In my book thats theft. He lied and told me he would support it, he didn't... he just kept investors money.

Here are a few more chats for you guys to look over...


I'll release more and more over the coming days and weeks and I'll save the best for last!!

[2014-11-15 7:38:30 AM] Steven Dai: yes
[2014-11-15 7:39:18 AM] Steven Dai: 20 minutes left
[2014-11-15 7:39:26 AM] Gekko: w00t!
[2014-11-15 7:39:37 AM] Steven Dai: i will buy this out
[2014-11-15 7:48:41 AM] linhan.ee: all done 2765.7221 BTC collected.
[2014-11-15 7:48:56 AM] Steven Dai: i buy this out
[2014-11-15 7:49:12 AM] Steven Dai: let me check how many bitcoins i put into this
[2014-11-15 7:49:19 AM] Gekko: ok
[2014-11-15 7:51:14 AM] Steven Dai: put 1283BTC into this  and hold 0.442 billion Bitbay

[2014-11-15 7:52:38 AM] Steven Dai: so we buy 1283BTC+500BTC=1783BTC Bay..we get about 2765BTC-1783BTC=982BTC.
[2014-11-15 7:53:24 AM] Gekko: (handshake)
[2014-11-15 7:53:47 AM] Steven Dai: me and lin advance 25BTC to David.  so we get 982-25=957BTC for us
[2014-11-15 7:53:55 AM] linhan.ee: well done
[2014-11-15 7:54:04 AM] Gekko: good work guys
[2014-11-15 7:54:30 AM] Gekko: also im aware Bob was forwarded his funds already.
[2014-11-15 7:55:00 AM] Steven Dai: yes
[2014-11-15 7:55:19 AM] Steven Dai: lin send 500BTC to bob after the first ico day
[2014-11-15 7:55:34 AM] linhan.ee: Trading open time has been published?
[2014-11-15 7:55:44 AM] linhan.ee: I will setup a trading time for it
[2014-11-15 7:55:45 AM] Gekko: yes, and you sent him today 170 i beleive.
[2014-11-15 7:56:02 AM] Steven Dai: so everybody get 957/5=191BTC
[2014-11-15 7:56:12 AM] Gekko: beautiful
[2014-11-15 7:56:26 AM] Gekko: and this is only the start
[2014-11-15 7:57:18 AM] Steven Dai: and get 356 BTC values Bitbay.
[2014-11-15 7:57:46 AM] Steven Dai: so everybody will get 191BTC+356 values Bitbay.
[2014-11-15 7:58:22 AM] Steven Dai: Also we should at least Reserve 100BTC+200BTC Bitbay for DEV Funds control by ourselves.
[2014-11-15 7:58:34 AM] Gekko: of course
[2014-11-15 7:59:38 AM] Gekko: now when market opens we will push the price to at least a triple floor.
[2014-11-15 7:59:41 AM] Steven Dai: so finally the number is: 171BTC+316BTC values BitBay  and  100BTC+200BTC values DEV funds control by our five
[2014-11-15 7:59:49 AM] Gekko: and it will never come back down. never.
[2014-11-15 7:59:57 AM] Steven Dai: that's great
[2014-11-15 8:00:18 AM] Steven Dai: bob get 170BTC and 500BTC values BitBay.
[2014-11-15 8:33:03 AM] Steven Dai: when will we release the wallet and coin to bter?
[2014-11-15 8:34:13 AM] Gekko: Lin should already have the wallet installed. Just need David to send him the coins
[2014-11-15 8:34:51 AM] Steven Dai: ok nice
[2014-11-15 8:37:10 AM] Gekko: So when Lin is ready, have him post the address to David.
[2014-11-15 8:37:15 AM] Gekko: Then everything is 100%
[2014-11-15 8:38:32 AM] Steven Dai: you mean the Total Bitcoin address?
[2014-11-15 8:38:48 AM] Gekko: I mean, the exchange bitbay address
[2014-11-15 8:38:51 AM] Steven Dai: all done 2765.7221 BTC collected.?
[2014-11-15 8:38:57 AM] Gekko: no...
[2014-11-15 8:39:01 AM] Steven Dai: oh i se
[2014-11-15 8:39:03 AM] Steven Dai: oh i see
[2014-11-15 8:39:13 AM] Steven Dai: just the BitBay address right?
[2014-11-15 8:39:15 AM] Gekko: David has all the BitBay, Lin has the exchange wallet. We just need the coins in the exchange wallet
[2014-11-15 8:39:18 AM] Gekko: yes
[2014-11-15 8:39:24 AM] Steven Dai: oh i see
[2014-11-15 8:39:29 AM] Gekko: please make sure Lin gets the coins from David ASAP.
[2014-11-15 8:39:40 AM] Steven Dai: lin is offline now
[2014-11-15 8:39:49 AM] Steven Dai: i think he will be back soon
[2014-11-15 8:40:02 AM] Gekko: Can you call him? It's important that the coins are ready before 6am our time
[2014-11-15 8:40:18 AM] Steven Dai: so people can withdrawal coin是?
[2014-11-15 8:40:20 AM] Steven Dai: coins?
[2014-11-15 8:42:18 AM] Gekko: yes indeed
[2014-11-15 8:45:17 AM] Gekko: getting coins out of the exchange helps against dumping and also for POS in peoples wallets
[2014-11-15 8:45:29 AM] Gekko: POS is what maintains the blockchain
[2014-11-15 8:45:54 AM] Steven Dai: yes 
[2014-11-15 8:49:21 AM] David Zimbeck: when lin gives me an address i will send
[2014-11-15 8:49:32 AM] Steven Dai: ok
[2014-11-15 9:05:33 AM] Steven Dai: we need articles on Coindesk.
[2014-11-15 9:05:52 AM] Gekko: yes, i agree will do what we can to make that happen
[2014-11-15 9:07:00 AM] Steven Dai: hi gekko
[2014-11-15 9:07:15 AM] Steven Dai: do you have a plan when market open?
[2014-11-15 9:07:22 AM] Steven Dai: we need to fake the volume on bter
[2014-11-15 9:07:28 AM] Steven Dai: and also later on Bittrex
[2014-11-15 9:07:40 AM] Steven Dai: will we release the source code later?
[2014-11-15 9:07:47 AM] Gekko: I have a good bot for Bittrex, and I can take care of that market
[2014-11-15 9:07:53 AM] Gekko: but I don't have a bot for Bter
[2014-11-15 9:08:14 AM] Gekko: we can release the core wallet source sure. I will check with Flubber when the time for that is right
[2014-11-15 9:08:54 AM] Steven Dai: yes..
[2014-11-15 9:09:10 AM] Steven Dai: do we have a plan when market open GMT 22:00?
[2014-11-15 9:09:36 AM] Gekko: yes, we will build solid support
[2014-11-15 9:09:44 AM] Gekko: we hold a major % in the currency
[2014-11-15 9:09:50 AM] Gekko: we will take steps to push the price up
[2014-11-15 9:10:08 AM] Gekko: We won't "pump" it too crazy high. We just want to put it at a good price that it deserves
[2014-11-15 9:10:10 AM] Steven Dai: how many we control this?
[2014-11-15 9:10:27 AM] Gekko: well im not the market mover, that's bob
[2014-11-15 9:10:35 AM] Steven Dai: yes..if we ever can push this over 400 satoshi..
[2014-11-15 9:10:38 AM] Gekko: but, I know we will work together to push it good
[2014-11-15 9:10:41 AM] Steven Dai: then that will helps
[2014-11-15 9:10:46 AM] Gekko: I was thinking 300 - 400
[2014-11-15 9:10:58 AM] Gekko: then 400 - 500
[2014-11-15 9:11:05 AM] Gekko: and have a good floor at 400 at least
[2014-11-15 9:11:20 AM] Gekko: possibly higher if the market works with us
[2014-11-15 9:11:30 AM] Gekko: we need to release technology to really push it
[2014-11-15 9:11:53 AM] Gekko: but we can do some good price pushing
[2014-11-15 9:12:32 AM] Steven Dai: nice
[2014-11-15 9:14:02 AM] Steven Dai: we do not want people complain the price..so better we do not broke ico price
[2014-11-15 9:15:36 AM] David Zimbeck: yeah obviousl
[2014-11-15 9:15:40 AM] David Zimbeck: but Steven
[2014-11-15 9:15:45 AM] David Zimbeck: we can break it too
[2014-11-15 9:15:56 AM] David Zimbeck: because soon we will have the peg and the price will move
[2014-11-15 9:16:07 AM] David Zimbeck: but obviously it is better we never break Smiley
[2014-11-15 9:16:19 AM] David Zimbeck: because we dont want to be less popular
[2014-11-15 9:17:46 AM] Gekko: this is a great coin sir, and very cheap
[2014-11-15 9:18:11 AM] Steven Dai: yes just tell people we will rank top 10
[2014-11-15 9:18:12 AM] Steven Dai: lol
[2014-11-15 9:18:15 AM] Gekko: price deserves to rise. but without a cool release soon it may want to slowly move back down
[2014-11-15 9:18:24 AM] Steven Dai: i see
[2014-11-15 9:18:24 AM] Gekko: yes, and we will
[2014-11-15 9:18:46 AM] Steven Dai: will ask coinmarketcap add us when wallet and trading opens
[2014-11-15 9:18:59 AM] Steven Dai: so people will see us rank top 20 first
[2014-11-15 9:19:03 AM] Steven Dai: then top10
[2014-11-15 9:19:10 AM] Gekko: yes yes
[2014-11-15 9:19:16 AM] Steven Dai: then top5//
[2014-11-15 9:19:20 AM] Gekko: w00t!!!!
[2014-11-15 9:19:30 AM] Steven Dai: i hope one day we can in top5
[2014-11-15 9:19:48 AM] Steven Dai: and we control 60% of the Total Bitbay..
[2014-11-15 9:19:52 AM] Steven Dai: that will be huge
[2014-11-15 9:21:18 AM] Gekko: how much total % we have now?
[2014-11-15 9:24:09 AM] Steven Dai: 1283BTC by myself and 500BTC by bob...i hold 0.44billion and i think that group hold about 0.19 billion..so we control about 0.63 billion together

That's Steven faking 1/2 the volume in BitBay. There really is nothing else to say on the matter. Earlz your boss is a theif. You defending him doesn't reflect well on you. Unlike you, I exposed it after only a couple weeks of sleepless nights.

I've had to shed blood sweat and tears to make the project recover, chose not to rebrand to prove the point. That we won't let a bastard like Dai and Surplus stop good software.
577  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: July 31, 2017, 10:53:38 PM
BitBay in the Crypto Times top 10 alt coin list: https://youtu.be/-QLXQolfIcw

Wow thanks awesome! Thanks for showing us this.
578  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Particl [PART]: Bitcoin codebase w/Native Segwit+PoS+CT+RingCT+Governance+Voting on: July 31, 2017, 12:31:16 AM
help DEV : I was lost (recovery phrase)


Where do I put (PUBLIC KEY)
Is there any conversion PUBLIC KEY to recovery phrase
I need 24 words to enter the my wallet
please help my


Only you are in control of your 24 words. Nobody else in the world has them but you.

It's funny how in your OP you don't list BitBay or BlackHalo/BitHalo which was the world's first decentralized markets and it doesn't bloat the chain and scales well.

Considering you guys of course know about us considering you got the idea of double deposit escrow from BlackHalo years ago when Shadowcash started (considering they even asked me to work on it which I declined)

It's all fun and games but if you are gonna list Open Bazaar and other random markets isn't a bit funny that you don't list the most obvious project that predates you?

Heck if you add BitHalo to the mix, we are also coin agnostic.

Bump

OP is being redesigned with the latest news, wallets, explorers, exchanges, etc. We can add those decentralized markets on there too  Smiley It wasn't meant to be all inclusive at the time. Until Particl has a working market it's not really proper to compare it anyways. Words are just words without a product. Grin


Hey, thanks... now I can enjoy this project because I think it has a big future  Smiley

Glad you're here!

Thanks for saying you wouldn't exclude it. Of course you don't have to mention other projects in your thread at all. But I'm happy you responded this way.

Good luck guys! Hope you release a great product
579  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: July 30, 2017, 04:56:01 AM
Freaky to see bay back at 700. Who would seriously consider selling for that given the road map we have planned?

I don't think it is specific to bay. A lot of altcoins are down, with people preferring to hold bitcoins. It has a lot to do with the BTC-BCC fork. Once August 1 and the fork is done and dusted, people are going to drift back to the coins they like.

Wow good point... still it seems a bit petty as it can cost an investor a lot to move out  and back in especially since the bitcoin cash won't be worth much.
580  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: July 28, 2017, 04:05:09 AM

BAY looking superb @ 860 sats.

2017 revaluation consolidating into a hard packed level more than 8 times its speculative trading price over the last 2 years.

The power of a super-dedicated, trustless escrow based trading facility who's sole objective is to facilitate goods exchanges of any kind, anywhere, anytime with greater reliability than eBay and 1% of the cost will be huge.

One of the reasons I like this asset is because its monetary model is so complimentary to its functional model. In particular:

 • it has its own blockchain which means that the monetary base genuinely derives its value from the trading and is not airgapped*. Therefore it's worth investing in, unlike Ethereum tokens

 • the monetary model (rolling peg) compliments the commercial model by presenting traders with a stable exchange rate while the goods exchange takes place

 • goods trading is inherently integrated with the monetary base in a way that securities trading isn't. For example, in times of old, barter took place in the shadow of some notional value denomination so that traders could determine if they were being over or under sold. (e.g. if they knew the price of a fur in gold and also knew the price of an acre of land, they could barter the fur for the land but still use a notional monetary value to facilitate price discovery: Nº of furs for acres of land).

That is Bitbay's market: goods bartering with a price discovery mechanism. The rolling peg is the genius ingredient because it decouples the conflicting priorities of a stable denomination for the goods exchange and a volatile risk asset that enables non-trading participants to support the value of the denominating currency by investing in it directly.

* Why can't this be done simply with a token on the Ethereum blockchain ?

 • because if you're riding the back of a whale and that whale sinks, you sink with it. You therefore can't use an Ethereum token as a monetary base for an escrow-based goods trading platform because of exposure to 3rd markets and consequent loss of price discovery. As an example, look at Populous: its fundamentals have only improved in the last two weeks, yet its price vs BTC or USD has almost halved simply because of its exposure to its monetary base

 • because Ether tokens are airgapped from the mining process. Cryptocurrency (as a monetary base) only works because there is a feedback mechanism from the monetary/commercial function to the mining hashpower. If goods trades take place on the BAY platform, hashpower pressure will build under the market peg. That will force the peg to roll at some imminent point. That in turn will encourage more goods trades as people's property is seen to increase in value. That in turn encourages mining. (e.g BAY will rise to 'most profitable' on coinwarz.com as the market pre-empts the peg movement)

 • because mined currencies are genuinely decentralised and therefore far off the horizon of regulatory surveillance. (It's much easier to regulate a legal entity that creates 100 million tokens out of the blue and holds them as a corporate asset than it is to justify regulating a decentralised, mined blockchain). Bitbay blockchain is therefore compatible with its commercial function

In other words: Bay is looking bootiful, both monetarily and functionally. The more time goes on, the more it is emerging as having carved out a perfect balance between goods markets, an associated monetary base and a genuinely competitive digital asset in decentralised worldwide trading market.



Wow man this is a really excellent and well thought out post. Thanks. I would actually argue it doesn't have bias either because you talk about the engineering. And I would like to add that one major drawback to Ethereum is if you build a token on it and they face scaling issues your sub token will face the same issues. The reason why I love atomic trading is you can connect chains without needing to bulk up a single chain.

Guys I'm working on the next update for exotic spend and then finally we fork. The marketing crew is still doing solid work and I'm happy to see progress on that front perhaps at some point they can chime in on the matter.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 121 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!