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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 541860 times)
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raisinbran
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April 08, 2020, 10:24:26 AM
 #7381

Could somebody please let us know when we can deposit to LAToken again?
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April 08, 2020, 10:36:06 AM
 #7382

@marecek666 - Hi. I have no idea what a "core" client is. All we have is a Market Client and a Qt Wallet.

You could use the Market Clients "Buy/Sell Coins" to move and use what you do have access to;
or sell them on LAToken as "Reserve" coins or as "Liquid" coins - when they are released as the %supply increases.

OR... Use your modest investment as a savings account! Smiley
Sooner or later, the people will come, volume and supply will pick up and it will be much easier to trade your liquid coins.

The core client is bitbayd (https://github.com/bitbaymarket/bitbay-core-peg). It is of version 2.1.3 in your latest release 3.0.2 as well as sources published there. Also it seems that even in version 3.0.1 it doesn't contain any API commands for the latest added functionality. All coins are frozen and as a result the daemon is nonfunctional.

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April 08, 2020, 10:37:28 AM
Last edit: April 08, 2020, 10:48:28 AM by g1itch
 #7383

Could somebody please let us know when we can deposit to LAToken again?

Now you can probably deposit if you have more than 100 unfrozen coins.

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April 08, 2020, 12:43:45 PM
 #7384

Was chatting with Latoken about the 30 day hold on reserve funds, mine has been in exchange since 25th February, way over the 30 day supposed limit, they told me to talk to dev of BAY and they had no idea when all or some would go liquid again, I run on small float need money to keep trading now most of cash trapped In reserve seems unfair, can anyone clarify please?    Huh Huh Huh

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April 08, 2020, 02:29:00 PM
 #7385

@LuckyLeprachaun  go to the support channel in discord. The devs and community can probably help you there.
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April 08, 2020, 03:24:17 PM
 #7386

@LuckyLeprachaun  go to the support channel in discord. The devs and community can probably help you there.


Thanks for the tip, but I have said my bit, not trying to bad mouth the Dev or project, just expressing my frustration.

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April 08, 2020, 05:18:21 PM
Last edit: April 08, 2020, 06:01:18 PM by BubbleButtBabe
 #7387

Basically just withdrawing all funds from Latoken, not possible to trade in Bay, very sad, almost 1 and half months in exchange with non access and exchange has no idea when it will clear, absolutely ridiculous!!! It's really too bad was a big supporter of Bitbay since near day 1 no joke, I held on to   them for for 4 years then reinvested because I believed in this new project not realizing that my money would be indefinitely held.  Sad Huh Cry


I think you just don't understand how it works. I'm not sure i know exactly and I have been asking a lot of questions about how the exchange treats different coins.
You seem to be thinking yiour liquid coins that you sent to latoken that turned into reserve will go liquid again in one month?
They will not.
They will remain reserve until the target is reached.
This does not matter you can sell them on the reserve market.

Better to understand you have 2 coins.
Most of your reserve will remain reserve until adoption kicks off. Or demand kicks in. This is fine.
As adoption and use requires them to be liquid they will go liquid.
The supply matches the demand. Bay you can consider starts from now.

This is an amazing design. Once you understand it and the implications it is brilliant.
If you want your Bay to be liquid to get the 10000% sudden jump from bottom then we need to build genuine demand
Or sell at reserve prices that are way up from the double digit sats some eager dumpers scooped them up for

If it helps consider your Bay to be bayR
Save them or sell them.

Or it is possible you mean something else.

I think most should view their old Bay ad bayR for now. Focus on that market for selling in and out.
The default target is perhaps a little high considering the state of the entire alt market and the aweness Bay has
It is set low if you understand what you sre getting.
I mean I want to sell a huge bunch of my bitbay at liquid price. Since I could get 10x more reserve.
When the market place gets even tiny adoption you will need a cap of billions just to provide enough for the DDE


Need more coders and such to speed this up but then who can you trust not to rip Bay design off.
Just a couple of hardcore coders designers  who believe in bay and would work for Bay or bayR should not be that hard to find. You would imagine but the world is a strange place.

Slick android ios web market place easy to list easy to order. Would be huge. Then build some futures gambling apps on top of Bay. The UX is critical.
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April 08, 2020, 09:53:04 PM
 #7388

Basically just withdrawing all funds from Latoken, not possible to trade in Bay, very sad, almost 1 and half months in exchange with non access and exchange has no idea when it will clear, absolutely ridiculous!!! It's really too bad was a big supporter of Bitbay since near day 1 no joke, I held on to   them for for 4 years then reinvested because I believed in this new project not realizing that my money would be indefinitely held.  Sad Huh Cry

When you send BAYR it takes one month. When it arrives at the exchange it might still be BAYR and you can trade it on the BAYR orderbook. Sending BAYR doesn't change it's array of liquidity shards. After a one month lock the liquidity of ANY input is going to be based on the array of liquidity shards and the supply index. It could partially convert to BAY depending on the supply index (if inflation happened)

This is an effect to all users equally. If you are waiting for BAYR to convert to BAY then that happens during a supply increase and that can not be predicted. It only happens when users vote for inflation which they have not because they prefer to hit the higher price target.

Now if you are saying that your deposit didn't even register thats another thing and then just PM me with the screenshot of your account and deposit txid and we can check it.
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April 09, 2020, 10:17:06 AM
Merited by cryptohunter (1)
 #7389

You can now install the BitBay Qt wallet on a Pi computer!

Download the latest Qt for 64 bit machines directly from our official GitHub release:

https://github.com/bitbaymarket/bitbay-core/releases/download/v3.0.2b/bitbayd_linux64arm.tgz

For any support issues please visit our Discord server and post in the #support channel  Smiley

David Zimbeck Interview

BitBay Official Twitter: https://twitter.com/BitBayofficial
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April 10, 2020, 07:36:46 PM
 #7390

Basically just withdrawing all funds from Latoken, not possible to trade in Bay, very sad, almost 1 and half months in exchange with non access and exchange has no idea when it will clear, absolutely ridiculous!!! It's really too bad was a big supporter of Bitbay since near day 1 no joke, I held on to   them for for 4 years then reinvested because I believed in this new project not realizing that my money would be indefinitely held.  Sad Huh Cry

When you send BAYR it takes one month. When it arrives at the exchange it might still be BAYR and you can trade it on the BAYR orderbook. Sending BAYR doesn't change it's array of liquidity shards. After a one month lock the liquidity of ANY input is going to be based on the array of liquidity shards and the supply index. It could partially convert to BAY depending on the supply index (if inflation happened)

This is an effect to all users equally. If you are waiting for BAYR to convert to BAY then that happens during a supply increase and that can not be predicted. It only happens when users vote for inflation which they have not because they prefer to hit the higher price target.

Now if you are saying that your deposit didn't even register thats another thing and then just PM me with the screenshot of your account and deposit txid and we can check it.

Thank you for explaining it to me, I now understand, I just have to judge the Bay price by the BayR. Cheers

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April 11, 2020, 12:04:09 AM
 #7391

Could somebody post a notice here every time LAToken goes offline or comes back online? Thanks
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April 15, 2020, 05:04:55 AM
 #7392

Could somebody post a notice here every time LAToken goes offline or comes back online? Thanks

We are still waiting but it should be a couple days.
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April 15, 2020, 07:12:11 AM
 #7393

Just installed last 3.0.2b QT wallet 64 bit taken from here https://github.com/bitbaymarket/bitbay-core/releases/ on my pc ( basically I replaced old "bitbay-wallet-qt.exe" file with the new one and launched it but I have quite a big issue :

I can see all my past transactions but all balances are at zero ( reserve, spendable etc etc) whilst I have a positive balance and all transactions are displayed correctly in my wallet ledger ( I only have incoming transactions in my qt wallet) if we don't consider mining ones with all those face txs.



Should I erase everything except fro wallet.dat file and start synching again or the issue comes from something else?

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April 15, 2020, 07:22:32 AM
 #7394

Just installed last 3.0.2b QT wallet 64 bit taken from here https://github.com/bitbaymarket/bitbay-core/releases/ on my pc ( basically I replaced old "bitbay-wallet-qt.exe" file with the new one and launched it but I have quite a big issue :

I can see all my past transactions but all balances are at zero ( reserve, spendable etc etc) whilst I have a positive balance and all transactions are displayed correctly in my wallet ledger ( I only have incoming transactions in my qt wallet) if we don't consider mining ones with all those face txs.



Should I erase everything except fro wallet.dat file and start synching again or the issue comes from something else?

No, you should run bitbay-qt with the rescan option from your computers console. That will scan the chain for inputs and the balance will then appear.
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April 15, 2020, 08:22:00 AM
Last edit: April 15, 2020, 08:50:59 AM by hopenotlate
 #7395

Just installed last 3.0.2b QT wallet 64 bit taken from here https://github.com/bitbaymarket/bitbay-core/releases/ on my pc ( basically I replaced old "bitbay-wallet-qt.exe" file with the new one and launched it but I have quite a big issue :

I can see all my past transactions but all balances are at zero ( reserve, spendable etc etc) whilst I have a positive balance and all transactions are displayed correctly in my wallet ledger ( I only have incoming transactions in my qt wallet) if we don't consider mining ones with all those face txs.



Should I erase everything except fro wallet.dat file and start synching again or the issue comes from something else?

No, you should run bitbay-qt with the rescan option from your computers console. That will scan the chain for inputs and the balance will then appear.

May you please show a step by step guide on how to perform such action?

edit:

currently being helped on telegram channel: thanks for your replay

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April 20, 2020, 12:03:27 AM
 #7396

I have been patiently waiting on exchange, Just checked Latoken and now even deposits are greyed out, seems to be getting worse, starting to wonder if Bitbay is coming back at all, no action on forum for 5 days, my money frozen in exchange, not good signs. Does anyone know what is going on?  Huh Huh Huh

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April 20, 2020, 12:51:57 AM
 #7397

I have been patiently waiting on exchange, Just checked Latoken and now even deposits are greyed out, seems to be getting worse, starting to wonder if Bitbay is coming back at all, no action on forum for 5 days, my money frozen in exchange, not good signs. Does anyone know what is going on?  Huh Huh Huh

Relax, your coins are safe. Of course BAY is coming back... after all it is still here after overcoming 5 years worth of obstacles! LA Token is fixing some important bugs, and will reopen trading this week. Your deposits are greyed out because they are fixing a balance issue that effected a handful accounts. Your frozen balance is likely due to the dynamic peg freezing the supply liquidity, which is decided every 200 blocks by the majority vote of users.

You can read more about that here:
https://forum.bitbay.market/t/why-are-my-wallet-balances-always-changing/2242

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April 20, 2020, 01:38:31 AM
 #7398

I have been patiently waiting on exchange, Just checked Latoken and now even deposits are greyed out, seems to be getting worse, starting to wonder if Bitbay is coming back at all, no action on forum for 5 days, my money frozen in exchange, not good signs. Does anyone know what is going on?  Huh Huh Huh

Relax, your coins are safe. Of course BAY is coming back... after all it is still here after overcoming 5 years worth of obstacles! LA Token is fixing some important bugs, and will reopen trading this week. Your deposits are greyed out because they are fixing a balance issue that effected a handful accounts. Your frozen balance is likely due to the dynamic peg freezing the supply liquidity, which is decided every 200 blocks by the majority vote of users.

You can read more about that here:
https://forum.bitbay.market/t/why-are-my-wallet-balances-always-changing/2242



Thanks for your help, much appreciated.

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April 20, 2020, 09:36:55 PM
 #7399

I agree it's especially frustrating. However we are on a tight margin and sort of depending on Latoken to follow through. However they have been responsive so we hope it's resolved shortly.
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April 20, 2020, 09:48:49 PM
 #7400

I agree it's especially frustrating. However we are on a tight margin and sort of depending on Latoken to follow through. However they have been responsive so we hope it's resolved shortly.
 

Yes me too, just that I have seen many bad exchanges do this exact same bit before they disappear in the wind with our money. That's why I'm worried... Sad

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