Topic: BitBay | Decentralized Marketplace | Unmoderated Thread - page 27. (Read 52749 times)

Don't lie in this unmoderated thread, this is not your usual shill/puppet hype making jamboree but the place for discussing the facts.

The fact is, the 66% of the collected BTCs has been delivered by 5th of December, and there is zero risk regarding to the remaining 34% as David will surely deliver the software. So where is the risk in selling any BAY coins if the larger part of collected Bitcoin is already in the hand of the scammers and the remaining portion will be surely in their hand soon?

I insult you because you are a piece of shit. I never insulted somebody on this forums without "merits"
Go cry me a river cause I use bad language.

Bring anything to the table? )))))))))

Bitch, you are the ones who needs attention and shit, and needs to be noticed. That explains the threads spamming. And the whole bunch of you is well know for throwing shit at every project out there without proofs at all. You are just a bunch of sad low life little people who lost some lunch money on X,Y coin and now everybody is at fault for your loss.

GROW UP!

I suggest David comply with the community request. It's a simple and reasonable request from the community, and if you refuse the assist in revealing the facts about your Bitbay team mates then quite rightly you will be held responsible for the mess that you and your mates created.

All his posts are full of insults because he is an idiot, unable to bring anything to the table and therefore he tries to overcompensate his own worthless present by insulting others. Otherwise no one would even notice the little puppet. Don't worry about him, he is just an over compensating wanker.

Yes, we want you to ignore those kind of threads and answer legit questions asked on the official thread only.
This will be for the best.
Don't waste grams of your time or potential with those low life losers.

altcoinuk

The community only wants me to do my job. And this thread definitely distracts from it. Im only going to try and help build the coin and help those who invested in turn. Speaking of which im going to have to get back to work.

Have a happy holidays and a fine new year.

I'm a scammer? )))
Oh boy, you are desperate already: https://darrellstallworth.wordpress.com/

And pm-ing me to get my attention? You leak frustration and desperation.

Yes, I insult people. So what? Grow up bitch, the life is not easy nor fair. So take this _!_ up your ass and don't come crying at me cause I insult people.
From my point of view we can all (humans) die in one day and I could not care less. This is the most retarded specie on earth anyway, we proved this already many times. So piss off.

Fack off scamer you word is worthless, and all you do is insult people to try to make your worthless points of view heard. Your just a scam coin promoter plain and simple.

What a bunch of idiots.

Where is the incentive to buy your own coins and dump at 100 sat, you idiot monkeys?

You scenario:

- devs buy 1500 BTC into their own coins for example.
- the rest 1500 BTC comming from investors.
-----------------------------
- devs receive their own 1500 BTC from BTER (Devs have +0 BTC).
- devs receive the 1500 BTC from investors (Devs have +1500 BTC).
- devs sell their bay coins for 100 sat, that is around 500 BTC (Devs are +2000 BTC).
-----------------------------
TOTAL 2000 BTC

This is the best case situation without taking into consideration the fact that BTER will not release the funds in one batch.




A better scenario for everybody, dev and investor:

- investors buy the whole ICO - 3000 BTC for example.
-----------------------------
- devs receive the ICO funds from bter (Devs have +3000 BTC).
-----------------------------
TOTAL 3000 BTC

Trolls please stay away from acting as a smart ass, I know the full ICO is not worth 3000 BTC. Those amounts are only used for a better explanation.


Now, you morons, there is no incentive to buy and dump under the ICO for anybody, devs or investors. Dumps under the ICO price are purely market manipulations to create a volatile market, thus benefiting a day-trading player (name whales by the bunch of you). If there is no volume, they afford to create price instability by dumping part of their investment under the ICO price into an infant market. This will benefit them.

If devs buy their own ICO, they are better with selling it on profit >300 sat like everybody else. So they are forced to create a win-win situation. That is by creating a product which is worth >3000 BTC (example amount).
So you fucktards wasting your pity life to create panic and shit, at least use a basic math before throwing your stupid fantasy at us.

This whole thing only stands if Bter would hand them their money right away. But they can't get it through that, they need to present a whole working product and the moment that's done BAY would be worth much more than 30 sat (according to the legit investors).

It makes no sense to be bears on your own product you need to deliver on before you see any money in the first place. The only thing your whole scheme would work is to deliver what people wanted you to deliver at which point you're the one losing out yourself.

Precisely Randy.

That's a most basic method to pull off a scammy public offering. You can experience with that all the time in the Moscow, Tel-Aviv, Prague,  Budapest but even in the London or New York stock exchanges, more importantly we have been witnessing this all year in the altcoin market. Bitbay is no different. The only difference with the Bitbay ICO is, that Bob & Co is in it and therefore the number of shills and puppets is significantly higher than usual which consequently attracts more legit investors who are obviously idiots in case, if unlike you, they still refuse to acknowledge what's happening.

You are getting there, good. Finally, you agree with what we have been arguing here from day one that buying into your own ICO indeed a realistic and very common practice in order to attract legit investments into your offering.



Now you need to get your head around this as well, not to mention you are throwing arbitrary numbers like the 25 into the discussion.

Once you received from Bter your own ICO coins (in this case BAY) you can sell it at any price. Obviously the objective of the scammer to sell it at 5k sats, but in an absolutely stagnant market even if you sell at 100 sat and make only 500 BTC is a lot better than any legit projects like BRO or TileCoin could ever hope,. So for the sake of rational reasoning you will have to agree that having such passive market conditions, the  selling at any price make sense from the scammers viewpoint.

If some scammer of the dev team bought 100 BTC worth of coins and sells it again he still has 100 BTC of the 3000 BTC ICO and the profit from the sell, maybe he sold average at half ico price, than he has 150 BTC, right? If that is true, they can dump it down to zero . But i hope it stays at 100 until all coins are sold. What a mess.

Certain parties artificially boosting the ico sales is a realistic scenario. But then your only profit will be what you sell above 25 and not what you sell below it.

And before you call me a shill. I've already, repeatedly pointed out a lot of valid criticisms of the ICO. Toknormal scrutinised the Q&A and I concur, there needs to be more transparency surrounding that and I definitely won't take any future ICO's seriously unless those points have been cleared. But having an imperfect communication isn't the same as having a whole conspiracy that doesn't add up.

Actually I didn't. You added the bolded font later and I missed one quote tag in my post (check the original post, it's missing). Just some confusion.






If you don't provide evidence I'm just going to assume these numbers are hypothetical.

550 BTC as development funds is meagre.

It's still 500 btc. I really don't get where you're getting the 900 btc from. But that's not a relevant difference either.


His own gravy! Buying your own gravy and selling your own gravy at comparable prices leads you to equal or less gravy. But let's throw you a bone and he picked up a margin from the 550BTC legit investment. That's still a really pathetic profit.


Minus his initial investment which brings me at a net loss for Bob. Poor Bob. He might end up under the bridge if he keeps continuing with these genius schemes of his.

No I don't. The only way he could've made money from this is Bob was a wizard able to conjure BTC's out of thin air. And if that were the case I'm not sure why he would bother with letting other people share in on his magical ability.

And that is why 'Bob' won't even be able to break even on this. Buying and selling your own stuff minus the friction.

The basic numbers on the milestone haven't even been correct. Bob's capital may or may not be true I've seen no evidence for it suggesting either way.

Bob's scheme however, fails at all parts no matter how much money he has put into this.

Thank you barabbas and altcoinUK, i learned so much today and protected myself from doing wrong decisions. Even if i don't know what barabbas' and alcoinUK's goals are.

wow, there goes barrabas again. so sure of his math and his take on this all.

you are very wrong barrabas. your ladder is leaning against the wrong wall.

@Decentradical

Interestingly ignored  this from my post:

"The fact that the Bitbay team have received only 66% of the BTCs doesn't invalidate this classic P&D scam since the remaining 34% will be surely delivered as David will surely release the software."

Which of course invalidate your argument that the fund has not been received as the Bitbay team could dump any coins without risk as they will surely receive the remaining parts of the ICO from Bter.




No it wouldn't be 3000 BTC. In this dried out market where the BRO ICO could raise only a few hundreds the Bitbay ICO could never raise 3000 BTC - that's the main point.

Anyway, I rest my case. There is no point to explain the basics to ignorant idiots nor to trolls.

Don't bother with them. Math beats them