BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[mrcashking]

David.

Can you please produce some documents to show how much of the btc you got for from the ico for the development purposes and then show how that money is being spent.

Thank you

[1715031280]

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[1715031280]

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[1715031280]

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[1715031280]

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[dzimbeck]

David.

Can you please produce some documents to show how much of the btc you got for from the ico for the development purposes and then show how that money is being spent.

Thank you

That was posted at r/BitBay already. The news covered it and its in the chat logs. I got 191 BTC for Halo where 20 was deferred into a 100 btc dev fund. Bob and Gekko stole half of that by convincing Steven to pay a nonsense bill. Thus only 50 was left in that(they promised 500 but of course that never happened). At the end of the project, Steven released that fund to me and raised it to about 60(20 which was mine anyways). It was a multisig, but he gave me the second key eventually since he felt it was more secure that way. The multisig address was common knowledge the news covered this and it was posted on reddit.

The blockchain is easy to follow so I'm not sure what you mean by documents. Considering how it has been spent, there was developers in Cambodia which didn't work out, I've also paid one dev for a refactor which didn't work out. There has been many little things. So far, I've had to do all the developement and management. None of that was supposed to be my responsibility. Lastly, on slack we have run several bounties there was at least 10 BTC in costs for the new qt wallets, servers, bounties etc.
Another 5 BTC for the new site and the OP I'm also paying some towards which slack is also contributing. Mostly, I didn't always pay from the multisig account because Steven was hard to get a hold of.

So in answer to your question, I've been paying out of pocket for a while and those addresses including all my personal ones were already shown. Its not like any of the original people who were supposed to run the project are here anymore. None of those things were supposed to be my responsibility in the first place.

Not to mention any fiat expenses which really come out of pocket. The way I was hired was only to license Halo. Consider that I'm taking on responsibilities that were never supposed to be mine in the first place. I was supposed to be cloning Halo and project managing only and now I'm doing many more things.

[mrcashking]

David.

Can you please produce some documents to show how much of the btc you got for from the ico for the development purposes and then show how that money is being spent.

Thank you

That was posted at r/BitBay already. The news covered it and its in the chat logs. I got 191 BTC for Halo where 20 was deferred into a 100 btc dev fund. Bob and Gekko stole half of that by convincing Steven to pay a nonsense bill. Thus only 50 was left in that(they promised 500 but of course that never happened). At the end of the project, Steven released that fund to me and raised it to about 60(20 which was mine anyways). It was a multisig, but he gave me the second key eventually since he felt it was more secure that way. The multisig address was common knowledge the news covered this and it was posted on reddit.

The blockchain is easy to follow so I'm not sure what you mean by documents. Considering how it has been spent, there was developers in Cambodia which didn't work out, I've also paid one dev for a refactor which didn't work out. There has been many little things. So far, I've had to do all the developement and management. None of that was supposed to be my responsibility. Lastly, on slack we have run several bounties there was at least 10 BTC in costs for the new qt wallets, servers, bounties etc.
Another 5 BTC for the new site and the OP I'm also paying some towards which slack is also contributing. Mostly, I didn't always pay from the multisig account because Steven was hard to get a hold of.

So in answer to your question, I've been paying out of pocket for a while and those addresses including all my personal ones were already shown. Its not like any of the original people who were supposed to run the project are here anymore. None of those things were supposed to be my responsibility in the first place.

Not to mention any fiat expenses which really come out of pocket. The way I was hired was only to license Halo. Consider that I'm taking on responsibilities that were never supposed to be mine in the first place. I was supposed to be cloning Halo and project managing only and now I'm doing many more things.

So you got over 240 btc and all you can account for is about 15 btc from it.
Where is the remaining btc?

[dzimbeck]

David.

Can you please produce some documents to show how much of the btc you got for from the ico for the development purposes and then show how that money is being spent.

Thank you

That was posted at r/BitBay already. The news covered it and its in the chat logs. I got 191 BTC for Halo where 20 was deferred into a 100 btc dev fund. Bob and Gekko stole half of that by convincing Steven to pay a nonsense bill. Thus only 50 was left in that(they promised 500 but of course that never happened). At the end of the project, Steven released that fund to me and raised it to about 60(20 which was mine anyways). It was a multisig, but he gave me the second key eventually since he felt it was more secure that way. The multisig address was common knowledge the news covered this and it was posted on reddit.

The blockchain is easy to follow so I'm not sure what you mean by documents. Considering how it has been spent, there was developers in Cambodia which didn't work out, I've also paid one dev for a refactor which didn't work out. There has been many little things. So far, I've had to do all the developement and management. None of that was supposed to be my responsibility. Lastly, on slack we have run several bounties there was at least 10 BTC in costs for the new qt wallets, servers, bounties etc.
Another 5 BTC for the new site and the OP I'm also paying some towards which slack is also contributing. Mostly, I didn't always pay from the multisig account because Steven was hard to get a hold of.

So in answer to your question, I've been paying out of pocket for a while and those addresses including all my personal ones were already shown. Its not like any of the original people who were supposed to run the project are here anymore. None of those things were supposed to be my responsibility in the first place.

Not to mention any fiat expenses which really come out of pocket. The way I was hired was only to license Halo. Consider that I'm taking on responsibilities that were never supposed to be mine in the first place. I was supposed to be cloning Halo and project managing only and now I'm doing many more things.

So you got over 240 btc and all you can account for is about 15 btc from it.
Where is the remaining btc?

Are you fudding this project or something? I spent way more than 15, there was hiring devs which amounted to at least 7,000 usd. I had 4 Cambodian devs who were not able to contribute much to the code unfortunately and one guy who attempted a refactor but failed because it was too complex for him. The dev fund was only 60, 20 of which was my cut. The 171 was paid to me for my dev work on the project. Which personally is not worth the abuse.

So at least 45 btc was spent over the past 8 months. As I told you I'm not even considering flights, expenses or anything else business related that ive paid out of pocket.

I'm actually doing dev work and the Halo software is worth millions. 100 btc was the original offer for my license alone not even considering all the overtime on my dev work. The dev fund was to help development and I'm working 80 hour work weeks, and I'm not abandoning the project. I'm sure once i finish calculating my hourly wage it will be less than if i had been working at McDonalds.

This project was started by other people. If you concern is lack of finances, then go hunt down Bob/Ryan who have 1000 BTC combined and did absolutely nothing except fud their own project. Not to mention bter who also has hardly contributed anything and they also got 191 BTC. When they left if I wasnt here, then nobody would even be running this thing. My goal is to finish the software as promised.

If you are sincerely interested in the software then stop distracting me, be more positive and get on slack.

[blacktea286]

I think that David can stop the development, or let bitbay die. Anyway, development for so long time, it's nothing. Let everyone stay away from bitbay.

[dzimbeck]

I think that David can stop the development, or let bitbay die. Anyway, development for so long time, it's nothing. Let everyone stay away from bitbay.

Really? You should code it yourself then if you think its so easy.  You just don't know what you are talking about. Halo and BitBay is over 30,000 lines of code. Its still the only coin with decentralized markets.

[shakanar]

Quick question,

I have a wallet problem, it says this when I try to run it.


Assertion failed!

Program: C:\....\......\.......\   Line 462

Expression: pindex-> pprev || pindex-> GetBlockHash() == (!fTestNet ? hashGenesisBlock : hashGenesisBlockTestNet)


Any help would be dope.

[dzimbeck]

Quick question,

I have a wallet problem, it says this when I try to run it.


Assertion failed!

Program: C:\....\......\.......\   Line 462

Expression: pindex-> pprev || pindex-> GetBlockHash() == (!fTestNet ? hashGenesisBlock : hashGenesisBlockTestNet)


Any help would be dope.

This is a common problem with all Bitcoin forks. https://github.com/bitcoin/bitcoin/issues/2547

You need to delete the blockchain and synchronize again. Don't delete your wallet however and make sure you back that up.

[shakanar]

Thanks for the info and the link. Been trying to figure this out.

[solid12345]

I think that David can stop the development, or let bitbay die. Anyway, development for so long time, it's nothing. Let everyone stay away from bitbay.

Really? You should code it yourself then if you think its so easy.  You just don't know what you are talking about. Halo and BitBay is over 30,000 lines of code. Its still the only coin with decentralized markets.

Don't listen to these clowns David, I don't give a damn about drama, but progress and Bitbay/Bithalo has come a long ways in a years time, so many other coins are nothing more than fancy logos and an ANN page.  Keep doing what you're doing and ignore the trolls.

[dzimbeck]

I think that David can stop the development, or let bitbay die. Anyway, development for so long time, it's nothing. Let everyone stay away from bitbay.

Really? You should code it yourself then if you think its so easy.  You just don't know what you are talking about. Halo and BitBay is over 30,000 lines of code. Its still the only coin with decentralized markets.

Don't listen to these clowns David, I don't give a damn about drama, but progress and Bitbay/Bithalo has come a long ways in a years time, so many other coins are nothing more than fancy logos and an ANN page.  Keep doing what you're doing and ignore the trolls.

Thanks. Yeah July 4th will be the one year anniversary of the public beta of Halo! The templates in the new software are looking really great. Just tested the price tracker and it works very well. The plan is to release all of the templates (8 total) at once so the software is finally in its commercial form.

[damiano]

Glad to hear te above, I have not been able to get into my linux bay wallet for around 2 months, not sure exactly as I have forgot lol not even sure how many coin I have  David do we have a time scale for the linux update please?

[3r197]

Glad to hear te above, I have not been able to get into my linux bay wallet for around 2 months, not sure exactly as I have forgot lol not even sure how many coin I have  David do we have a time scale for the linux update please?

No worries bro! As there is no coinage limit on the POS system. Once the updates rectify this issue with linux, then all those 'old' coins in your wallet will reap their reward justly. 
 

[damiano]

Glad to hear te above, I have not been able to get into my linux bay wallet for around 2 months, not sure exactly as I have forgot lol not even sure how many coin I have   David do we have a time scale for the linux update please?

No worries bro! As there is no coinage limit on the POS system. Once the updates rectify this issue with linux, then all those 'old' coins in your wallet will reap their reward justly.  
 

Thanks dude but the post was aimed at David who knows when I can move my coins that have not moved for 2+months. I don't really care about the few bay extra I will just buy more if I want more. Plus was never able to stake on the market client anyway  

[dzimbeck]

mrcashking, i AM the developer. I've singlehandedly coded BitBay and Halo which is over 30,000 lines. I code literally all day. Now stop being a troll.

damiano, hey im aware of the reason you cant connect its probably because i referred to a dynamic IP of a google server to check for internet connection. If thats not why, let me know what the reason is. If you want to move your coins sooner let me know and i will push a patch. The windows version was already patched. The reason linux wasn't was because I started working on templates and wanted to release everything at once. Plus, I've been looking at building a cross platform Mac and Linux build.

Do you need a Linux update sooner? Templates should be done pretty soon. I'm coding them as we speak.

[Valanor]

this week is bad for Bitbay volume, are this tactic of accumulation :/
last week i can make profit 0.2 from this coin,,,, so i want to buy again to long term hope i true and make profit

[damiano]

Hey David,

Thanks for your reply, that is what the problem is telling me the client is not connected to the internet but I am 100% connected. No I can wait as long as I know it is a problem you are aware of and taking care of it, please don't push on just my account it is not a massive deal just a little annoying having this awsome wallet+ and not able to do anything with it lol

Thanks

[silavon]

altcoinUK
You do not speak the truth. If David was chief of fraud, why he would continue the project? You're sane that you can not recognize? I do not know what you come here and spread false reports.
Go away, please, if you do not want to work or support a project.
David Zimbeck ♥ is honest and loyal man with a pure soul.
Thank you  

[dzimbeck]

altcoinUK
You do not speak the truth. If David was chief of fraud, why he would continue the project? You're sane that you can not recognize? I do not know what you come here and spread false reports.
Go away, please, if you do not want to work or support a project.
David Zimbeck ♥ is honest and loyal man with a pure soul.
Thank you  

Thanks for kind words. By the way, AltcoinUK is a profile of Bob/Gekko.

[silavon]

hello mrcashking
Why are you still deal with David which does everything for Bitbay and deserves all BTC from investors? Why you never show those who fled with the rest of BTC from investors?
Think about it.
David made a promise to create a functioning BitBay market and pegging coins.
Thank you