BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open

[whetherman]

The launch on Bittrex is gonna be huge. Can't wait !

I think Bittrex will just add more people who feel like they are entitled to answers.  Then we are going to have to link every relevant post from the first thirty or so pages to assuage people who are new and deal with a new round of FUD from people who feel like their other investments are threatened.

-Sighs-

I feel like I have grown cynical with BTCtalk threads and how people interact during 'launch sequences'.  I understand a dedicated forum is a ways off and I even understand why.  But is there a way that the team could start a new thread that contains all of the relevant posts from the previous pages in this thread and then close it.  Kind of like a FAQ but not so generalized since many of the posts that worked were quoted conversations. 

Merely a suggestion...of course, I could be wrong and it might be smooth sailing...it's late in my neck of the woods...

That is a really good idea. A metapost that contains links to:

1) OP link

2) David's hedging / pegging overview

3) Suggestions?


Then we can have a single link go give the new folks.

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[unusualfacts30]

How long does it take before it starts staking?

8 hours?

Can encrypted wallet receive stake or no?

[VampiricElder]

How long does it take before it starts staking?

8 hours?

Can encrypted wallet receive stake or no?

yes and yes

[MemoryShock]

Thanks whetherman; I think it would help simplify the process of explaining to new people.  This way, a link can be provided and any additional questions may actually build upon and create a constructive discourse rather than a hoshposh of posts that I don't really want to read.  I would like to be a constructive part of the community but I am not sure how much patience I have for people who are willfully ignoring previous post history in order to cause a scene.  If we had a closed thread that we could link to in order to save everyone from expending energy re-explaining then we could concentrate upon further ideas.

Of course, this would be in addition to what the BitBay team are already doing but I feel that they should be the ones who author that thread for official purposes.

How long does it take before it starts staking?

8 hours?

Can encrypted wallet receive stake or no?

8 hours is correct.  An encrypted wallet can stake but after it is encrypted you have to 'unlock' it (it will be the bottom option in the left side bar) and make sure that when you input your password that the box is checked for "unlock for staking only".  Give it a few minutes for the staking icon to recognize it...

[unusualfacts30]

Thanks whetherman; I think it would help simplify the process of explaining to new people.  This way, a link can be provided and any additional questions may actually build upon and create a constructive discourse rather than a hoshposh of posts that I don't really want to read.  I would like to be a constructive part of the community but I am not sure how much patience I have for people who are willfully ignoring previous post history in order to cause a scene.  If we had a closed thread that we could link to in order to save everyone from expending energy re-explaining then we could concentrate upon further ideas.

Of course, this would be in addition to what the BitBay team are already doing but I feel that they should be the ones who author that thread for official purposes.

How long does it take before it starts staking?

8 hours?

Can encrypted wallet receive stake or no?

8 hours is correct.  An encrypted wallet can stake but after it is encrypted you have to 'unlock' it (it will be the bottom option in the left side bar) and make sure that when you input your password that the box is checked for "unlock for staking only".  Give it a few minutes for the staking icon to recognize it...

Thanks. Very nice info.

Do I have to wait 8 hrs before I encrypt it?

Does it have to be online for straight 8 hrs before I can stake?

How many coins would I receive in each stake?

Does it slow down overtime or I would receive same amount of coins?

[Gizfreak]

Does it have to be online for straight 8 hrs before I can stake?

No, it just has to be in the wallet.

[MemoryShock]

Do I have to wait 8 hrs before I encrypt it?

No.  Encrypt it right away once your coins are in your wallet.

Does it have to be online for straight 8 hrs before I can stake?

No.  The coins will mature once they are in your wallet.  You just have to open the wallet every so often to download the network information.

How many coins would I receive in each stake?

It depends on how many coins you have.

Does it slow down overtime or I would receive same amount of coins?

The stake is one percent per year.

[unusualfacts30]

Do I have to wait 8 hrs before I encrypt it?

No.  Encrypt it right away once your coins are in your wallet.

Does it have to be online for straight 8 hrs before I can stake?

No.  The coins will mature once they are in your wallet.  You just have to open the wallet every so often to download the network information.

How many coins would I receive in each stake?

It depends on how many coins you have.

Does it slow down overtime or I would receive same amount of coins?

The stake is one percent per year.

Great. Thanks!

[unusualfacts30]

There is no option to import wallet.dat.  


I want to back up my wallet to pen drive and keep it in secure place.

Uninstall software


Import it in January (or later)


Will my coins keep staking eventhough I no longer have software installed and wallet.dat is not stored on my computer?

[MemoryShock]

There is no option to import wallet.dat.  


I want to back up my wallet to pen drive and keep it in secure place.

Uninstall software


Import it in January (or later)


Will my coins keep staking eventhough I no longer have software installed and wallet.dat is not stored on my computer?

I don't think I understand the issue.  I saved my wallet.dat to a USB just fine.  The option to back up the wallet is in the same place as every every other QT - Click file and select 'Backup wallet'. 

As long as your coins are in your wallet and the wallet is either unlocked or "encrypted + 'Unlocked for staking'" then your coins will stake...

[unusualfacts30]

There is no option to import wallet.dat.  


I want to back up my wallet to pen drive and keep it in secure place.

Uninstall software


Import it in January (or later)


Will my coins keep staking eventhough I no longer have software installed and wallet.dat is not stored on my computer?

I don't think I understand the issue.  I saved my wallet.dat to a USB just fine.  The option to back up the wallet is in the same place as every every other QT - Click file and select 'Backup wallet'.  

As long as your coins are in your wallet and the wallet is either unlocked or "encrypted + 'Unlocked for staking'" then your coins will stake...

Cool. I wanted to test it but I don't see an option to import wallet.

How would I import it on different computer?

[MemoryShock]

Cool. I wanted to test it but I don't see an option to import wallet.

How would I import it on different computer?

Not sure.  My understanding is that you would have to download the wallet onto the other computer and then replace the wallet.dat on the second download with the initially saved wallet.dat...

[nextgencoin]

1m marketcap and 28th on the list. If this coin delivers what it promises to its a top ten coin so we can expect at least 10x multiple from where we are.

http://coinmarketcap.com

[issie81]

1m marketcap and 28th on the list. If this coin delivers what it promises to its a top ten coin so we can expect at least 10x multiple from where we are.

http://coinmarketcap.com

for sure!
we got a winner here, this dev got talent

[KC6TTR]

There is no option to import wallet.dat.  


I want to back up my wallet to pen drive and keep it in secure place.

Uninstall software


Import it in January (or later)


Will my coins keep staking eventhough I no longer have software installed and wallet.dat is not stored on my computer?

I don't think I understand the issue.  I saved my wallet.dat to a USB just fine.  The option to back up the wallet is in the same place as every every other QT - Click file and select 'Backup wallet'.  

As long as your coins are in your wallet and the wallet is either unlocked or "encrypted + 'Unlocked for staking'" then your coins will stake...

Cool. I wanted to test it but I don't see an option to import wallet.

How would I import it on different computer?

On the other computer, just go here:
C:\Users\YOURNAME\AppData\Roaming\BitBay
...and replace the wallet.dat file with your backup .dat (rename it back to "wallet" if you saved it under a different name).

You will then have the original wallet's addresses and transaction data. You will also have to use the same password so remember it. If anything, you may need to re-sync with the blockchain to get current but that is understandable.

Scott-

[randywald]

Bastards buy high and sell low. Until i have all of the coins . Lots of people only want quick profit and don't trust in it longterm. But i do.

[unusualfacts30]

Bastards buy high and sell low. Until i have all of the coins . Lots of people only want quick profit and don't trust in it longterm. But i do.

Most people are unable to see long term in crypto. If you hold this coin for 2 months your profit will be 20x of what it can be today or tomorrow.

[randywald]

Bastards buy high and sell low. Until i have all of the coins . Lots of people only want quick profit and don't trust in it longterm. But i do.

Most people are unable to see long term in crypto. If you hold this coin for 2 months your profit will be 20x of what it can be today or tomorrow.

Yes, true. I even don't have the time to trade between 200 and 300 if it goes to 2000 anyway . But daytraders always trade until death .

[Mig-23]

who's the hell that sold their coin under ico,..

[placebo]

who's the hell that sold their coin under ico,..

Who do you think? Owners are buying their own ICO, and then selling it, it doesn't cost any money for them, so it is pure profit. All those Big ICO are fake. Will always crash. Look at BLOCK, look at MNE....