BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[dzimbeck]

I'm not a big investor and I only put in a small amount at the moment and I'll add some more money soon. The money I put in here were profits from trading a few other Altcoins and I like to diversify my portfolio and I like the look of this coin so that's why I decided to invest here.

Thats cool! Great to have you on board man. There is tons of cool features already in the client. Its the only software with a full interface for smart contracts and other useful features. Let me know if you ever want anyone to walk you through the client.

[vella85]

I'm not a big investor and I only put in a small amount at the moment and I'll add some more money soon. The money I put in here were profits from trading a few other Altcoins and I like to diversify my portfolio and I like the look of this coin so that's why I decided to invest here.

Thats cool! Great to have you on board man. There is tons of cool features already in the client. Its the only software with a full interface for smart contracts and other useful features. Let me know if you ever want anyone to walk you through the client.

Thanks and thanks for offering to walk me through the client. If I get stuck or don't understand something I know where to come and ask for answers  I'm just happy to be apart of this great coin and community.

[Ricca69]

Hi guys!

My wallet show 100068.xxxx BitPay but i'm sure that they are over 102k in the past...
Today i checked with the blockchain explorer my wallet address and it showed more that 103k...
What can i do for restore the correct value?? Reload the full block.dat? How?

Thanks
Ric

[Ruzka]

Hi guys!

My wallet show 100068.xxxx BitPay but i'm sure that they are over 102k in the past...
Today i checked with the blockchain explorer my wallet address and it showed more that 103k...
What can i do for restore the correct value?? Reload the full block.dat? How?

Thanks
Ric

Hi, are you using the qt wallet or the smart contracts client? If that latter then wait for the blocks to catch up and hit rescan and that will solve your problem. If qt then I have no idea and someone else would be best answering that.

[Ricca69]

Thanks, i have the QT wallet...

[Munti]

Hi guys!

My wallet show 100068.xxxx BitPay but i'm sure that they are over 102k in the past...
Today i checked with the blockchain explorer my wallet address and it showed more that 103k...
What can i do for restore the correct value?? Reload the full block.dat? How?

Thanks
Ric

I assume you are staking.
When you stake there is always some coins that are not available to spend.
So, are you looking at spendable amount or total amount?

If you are looking at total, you could try to use the repairwallet command from console.
Click help - debug window and click console tab. Type repairwallet and push enter.
As always, make a backup of your wallet.dat file first. You'll find it in C:users/"yourname"/Appdata/roaming/Bitbay

[Ricca69]

Hi guys!

My wallet show 100068.xxxx BitPay but i'm sure that they are over 102k in the past...
Today i checked with the blockchain explorer my wallet address and it showed more that 103k...
What can i do for restore the correct value?? Reload the full block.dat? How?

Thanks
Ric

I assume you are staking.
When you stake there is always some coins that are not available to spend.
So, are you looking at spendable amount or total amount?

If you are looking at total, you could try to use the repairwallet command from console.
Click help - debug window and click console tab. Type repairwallet and push enter.
As always, make a backup of your wallet.dat file first. You'll find it in C:users/"yourname"/Appdata/roaming/Bitbay

YES! IT WORK!
the repairwallet recover about 3300 BAY... now it's everything ok...
Thanks a lot Munti!!

[Munti]

Hi guys!

My wallet show 100068.xxxx BitPay but i'm sure that they are over 102k in the past...
Today i checked with the blockchain explorer my wallet address and it showed more that 103k...
What can i do for restore the correct value?? Reload the full block.dat? How?

Thanks
Ric

I assume you are staking.
When you stake there is always some coins that are not available to spend.
So, are you looking at spendable amount or total amount?

If you are looking at total, you could try to use the repairwallet command from console.
Click help - debug window and click console tab. Type repairwallet and push enter.
As always, make a backup of your wallet.dat file first. You'll find it in C:users/"yourname"/Appdata/roaming/Bitbay

YES! IT WORK!
the repairwallet recover about 3300 BAY... now it's everything ok...
Thanks a lot Munti!!

Happy to help 

[pugman]

Any plans for yobit? They seem to be gaining in audience.

I would fill in the application form but don't wouldn't know what to put.

[dzimbeck]

Any plans for yobit? They seem to be gaining in audience.

I would fill in the application form but don't wouldn't know what to put.

Yeah sure, lets go on! The more the merrier. I doubt they have minimum volume requirements?

[Ricca69]

What can we do for relaunch this coin to the moon???
...i have to buy home guys.... 

[KoshaKosha]

What can we do for relaunch this coin to the moon???
...i have to buy home guys....  

Maybe make some donations? For hiring developers and a marketing guy?
Or maybe even some additional ICO using our bays, considering that the price today is extra low? Dangerous idea (scam accusations and so on), but ICO's today work like a great promotion. It's like new beginning.

[dzimbeck]

What can we do for relaunch this coin to the moon???
...i have to buy home guys....  

Maybe make some donations? For hiring developers and a marketing guy?
Or maybe even some additional ICO using our bays, considering that the price today is extra low? Dangerous idea (scam accusations and so on), but ICO's today work like a great promotion. It's like new beginning.

With pegging im not sure thats needed. But if we find low volume we can consider doing another round after everything is complete.


BY THE WAY, there is a new build being done today. I will release it first on slack and then here. So this version is really great. Fixed some windows 10 issues and fonts and a variety of disconnect issues and so forth.

Next version out is the settings panel and most likely a new template. Also will be testing cold staking and we can decide to fork now or later.

[3r197]

What can we do for relaunch this coin to the moon???
...i have to buy home guys....  

Maybe make some donations? For hiring developers and a marketing guy?
Or maybe even some additional ICO using our bays, considering that the price today is extra low? Dangerous idea (scam accusations and so on), but ICO's today work like a great promotion. It's like new beginning.

With pegging im not sure thats needed. But if we find low volume we can consider doing another round after everything is complete.


BY THE WAY, there is a new build being done today. I will release it first on slack and then here. So this version is really great. Fixed some windows 10 issues and fonts and a variety of disconnect issues and so forth.

Next version out is the settings panel and most likely a new template. Also will be testing cold staking and we can decide to fork now or later.

Thanks for the update.
Can't wait to test out the cold staking feature!

[joffmac]

when will this coin be %5 of a dollar?

[Medow]

when will this coin be %5 of a dollar?

How about never. This has been ruined by someone who is clueless how the market works. Judging by the books and stagnation I'd say one person owns well over 50% now if that was a whale that new the game, this could rocket! However, as I said someone who is clueless is holding them.

That same person will destroy their investment lol because there is no room for proper players to get in without taking the price to levels where this coin is not worth and will not give them room to profit.

All in all, this coin will die because of that big holder and the volume will always remain as terrible as it is now.

Message to big holder........

You are killing your own investment lol

[dzimbeck]

when will this coin be %5 of a dollar?

How about never. This has been ruined by someone who is clueless how the market works. Judging by the books and stagnation I'd say one person owns well over 50% now if that was a whale that new the game, this could rocket! However, as I said someone who is clueless is holding them.

That same person will destroy their investment lol because there is no room for proper players to get in without taking the price to levels where this coin is not worth and will not give them room to profit.

All in all, this coin will die because of that big holder and the volume will always remain as terrible as it is now.

Message to big holder........

You are killing your own investment lol

You realize this coin will be pegged right? Making the scenario you mentioned above impossible. It won't matter if a whale holds 75% even still the coin will force value by freezing supply by voting. That's the whole point.

[funsponge]

when will this coin be %5 of a dollar?

How about never. This has been ruined by someone who is clueless how the market works. Judging by the books and stagnation I'd say one person owns well over 50% now if that was a whale that new the game, this could rocket! However, as I said someone who is clueless is holding them.

That same person will destroy their investment lol because there is no room for proper players to get in without taking the price to levels where this coin is not worth and will not give them room to profit.

All in all, this coin will die because of that big holder and the volume will always remain as terrible as it is now.

Message to big holder........

You are killing your own investment lol

judging by the books? - what books? lol people dont keep their crypto in wallets on Bittrex! The big wallet onBittrex is probably Bittrex's! 0% of my Bay is on an exchange.

The fact is nobody is willing to sell at low prices as everyone knows how under valued Bitbay is, so why would they sell cheap??

Once word gets out how great Bitbay is and what it offers not to mention the rolling peg system that David is developing it will fly! Its Cryptos best investment of 2016! so again why would we sell at these prices? I know for a fact the top wallet owns a lot less than 10%.

Hows Bob these days?

[dzimbeck]

Yeah it's pretty exciting stuff. One of the reasons it takes so much time is the security of the system, performance of the client and also the complexity of decentralizing these things. Also because I'm the only coder, when life gets in the way, it causes delays. Regardless, this month I'm back to coding full time.

For example, Bitcoin has been working on the lightning network for years, companies such as 21 and others. Ideas that seem simple can prove to take lots of time to code. Also, in a perfect world I would love to start over from scratch with a team. Knowing what I know now about blockchains. It would be awesome to rewrite Bitcoin. There are so many ideas but it would only work if I wasn't the only coder.

It's not a surprise that we are seeing the rise of centralized blockchain such as Steemit. And we will see many more in the next 10 years. As predicted.

Yeah so this is why decentralized exchanges, side chains, notary, lightning networks and pegging systems are so crucial

Altcoins have the advantage of testing faster, forking easier, and trying new ideas.

The rolling peg is simple in theory however, it has tons of small features. The biggest challenge was finding a protocol that was decentralized and secure. The method chosen is really awesome. I want to write a paper on it, but some of the core members have advised me to wait before the release so it doesn't get used by the competition. It is tempting though.

Also thanks to everyone who still follows this project. Thanks for your loyalty. It really helps drive the project forward.

[joffmac]

have you got time in mind where we can reach that pegging target?