64
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Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends
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on: July 13, 2015, 04:54:55 PM
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Hello, I downloaded the B&C Exchange wallet, and want to get my Blockshares
I clicked File and selected Import NuShares wallet. This brought up a box pointed at the Nu directory on my C drive, with various .dat files to choose from:
addr.dat blk0001.dat blkindex.dat walletB.dat walletC.dat
I do not know which, if any, of these represent my NuShares wallet. Can anyone assist?
looks like you are in the wrong directory. you need to go up one directory then go into nu directory then select walletS.dat (That's the new share wallet) yep. this worked for me Sorry, I made a typo in the above list of .dat files - the last one is not walletC.dat but wallet S.dat I retried the import, directing to walletS.dat, and a box appeared asking for a password - I presume this is the NuShares client password. I typed it in, and it said that the import process had started, and that I should check the debug window. I did, but it said: importnusharewallet <NuShares wallet file> [walletpassword] [rescan=true] Import NuShares walletS.dat Password is only required if wallet is encrypted (code -1) I don't understand this. Can anyone explain? When putting in your password, try using quotes around it. Apparently if your password has a space in it you must do this. So for example if your password was thyroid cancer, try putting in "thyroid cancer" . That is what worked for me.
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68
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Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends
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on: June 28, 2015, 05:44:30 AM
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A total of $199,401 has been received so far. Of the $204,905 pledged, only $5,504 has not been paid so far. That means over 97% of pledges have been paid so far. We thank everyone for keeping their commitment. Additional requests to purchase BlockShares made in the last couple days should push us over the $200,000 threshold very soon.
The dev team is working to get a B&C Exchange test network up and running right now. The end of 3 July is the date of record for obtaining BlockShares by way of holding NuShares. We expect to have the production network up and running shortly after 3 July and have promised to deliver all BKS paid for by 17 July by 19 July.
This first iteration of B&C Exchange is designed to give shareholders direct possession of their BlockShares and to make their holding liquid. It will not contain any exchange features.
Subsequent iterations prior to the fully functional release will only be released on the public test network. The next iteration will include all of the voting features unique to B&C as described in an earlier post and in the design document posted in the OP.
All correspondence sent to us more than 3 hours ago has been responded to.
I must say that is quite impressive. I expected fulfilled pledges to be high but not so close to perfect.
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69
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Bitcoin / Project Development / Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends - 67% funded
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on: May 27, 2015, 02:46:57 PM
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I'm not sure I understand the situation at the moment. If I made a bid last time, do I still need to resubmit a bid now? Do I still get to keep my bid in the same price bracket?
You do not need to resubmit a bid. You are going to get more BKS for the same bid you made earlier, but the amount of total BKS has been increased meaning the percentage of shares you own remains the same. Essentially, nothing has changed.
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70
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Bitcoin / Project Development / Re: [ANN] B&C Exchange – A decentralized Bitcoin exchange - *NEW* fundraiser
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on: May 13, 2015, 05:18:23 AM
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Agreed, I'm actually shocked it didn't have more bids. I thought for sure it was a done deal with the amount of attention this project has received.
The 1K minimum probably didn't help. Cryptocurrencies have been in a mostly bear market for what must be months now. A new $500 minimum should allow more people to participate. I'm okay with the new auction proposal. NSR holders won't get as much of a stake, but they also won't be diluted 12%. If I am doing my math right a NSR holder it would only need to make a somewhat modest purchase to get the same stake in B&C as the previous auction.
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71
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Bitcoin / Project Development / Re: [ANN] B&C Exchange – A decentralized Bitcoin exchange - Final 24 hours to bid!
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on: May 12, 2015, 08:15:18 PM
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This may or may not be a great idea, but I am personally so tired if all the NuTeam spam in the cryptocurrency section of reddit, just the mention of anything NU related I immediately dismiss.
We do have a rather zealous community member who posts a lot of things there, I wouldn't let that sour your opinion of Nu overall. Are you talking about Crypto_Coiner? Maybe we should ask him if he could slow down on the postings. Honestly, I think only major news should be posted there. NuShares for NuBits burning, opening of liquidity pools, B&C exchange announcement, etc... Sometimes I see him posting random threads that don't really seem to be that important. Yes, I was referring to him.
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73
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Bitcoin / Project Development / Re: [ANN] B&C Exchange – A decentralized exchange that can earn you Bitcoin!
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on: May 03, 2015, 06:18:52 PM
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Plus bidding will help the auction reach its goals.
Yes, we intend on firmly sticking to our original commitments. If 200,000 USD is not raised by the close of the auction, no funds will be collected. Our intention was to set the reserve price (0.0020 USD) well below the historical traded price of NuShares to encourage active bidding. If the B&C Exchange profitability projections we saw posted earlier are realized in the future, the value per NuShare would be much higher than this reserve price. I know you're very unlikely to give details until the auction over but I'm going to ask anyway - how is it going?
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76
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Alternate cryptocurrencies / Altcoin Discussion / Re: Seems that Nubits+Nushares will be the true next BTC
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on: January 15, 2015, 08:15:45 PM
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That's because Nubits pay anonymous people to run trading bots to provide fake volume and liquidity, also nubits require external exchanges to even work. There's no faking of volume, bots trading to each other would lose money. NBT has high volume because it's very useful when other cryptos (Bitcoin) are being volatile. BitUSD does not need trading bots, and also it trades on a decentralized internal exchange, in addition to external exchanges.
Exactly why it sees no volume. No one outside of the Bitshares world cares about it. " in addition to external exchanges" Oh you mean Bter? Cause that's it, and it has $18 in volume. To those wondering how reserves work in Nu Jordan recently posted this. https://discuss.nubits.com/t/regarding-reserves-and-fractional-reserve/1126
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77
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Alternate cryptocurrencies / Altcoin Discussion / Re: Seems that Nubits+Nushares will be the true next BTC
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on: January 14, 2015, 09:46:35 PM
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Still growing up near 4M volume! nushares growing too a lot of angry bitcoiners today What's the growth on the collateral? Our design aims to have 0% USD reserves in the future. We temporarily have non-0% USD reserves to improve our price peg stability. Our goal is to have the speculative risk of owning NuBits transferred to holders of NuShares through mechanisms like NBT-for-NSR burning.
We're not sure where the idea that 100% USD reserves are permanently required for our design came from. We want to eventually remove USD reserves to eliminate counterparty risk. Try giving our white paper a read.
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78
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Alternate cryptocurrencies / Altcoin Discussion / Re: NXT is dying :-(
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on: January 08, 2015, 07:00:38 AM
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Who says I'm over - Hyped? I still see a strong coin right now. Their still in the top 10, and it seems that other people don't seem to think it's dying.
All crypto coins seem to be going down the sink. Not just one or two coins. Not all, but a lot. I don't think NXT is dying. I also don't think it will see the level of success a lot of people in this thread are saying it will.
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