hello all
so far l have lost 50% of my investment in Bay,god what s next? unknown! ( l have nothing agains the DEV) they ve produced a product which l ve thought could work but l was wrong.good luck to all of us
have a great Sunday Roast
Topic: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open - page 120. (Read 339485 times)
December 07, 2014, 09:01:25 AM
December 07, 2014, 09:01:09 AM
Hoping for that from the bottom of my heard. Tired of this stupid animal named human on the face of this earth.
December 07, 2014, 09:00:19 AM
Congratulations. You just made the first public smart contract. A honour snatched right from underneath my nose you ass 
December 07, 2014, 08:58:28 AM
Meanwhile me and Unusual gonna be splitting that bounty 'cuz we got the onluy official bet so far 
lol I know right. My bay software isn't opening for some reason. You have my address you can set up the offer and post screenshot if you want. I'll accept it as soon as I can get this thing to open up.
ok bud. it will be my first go at making a contract so make sure your house deed is in a safe deposit box somewhere lol
December 07, 2014, 08:56:29 AM
Bay descending nicely into double figures.
December 07, 2014, 08:54:08 AM
This.
If people had sense, they'd realize this is the time to buy and lower their averages, not moan and create FUD
If people had sense, they'd realize this is the time to buy and lower their averages, not moan and create FUD
Yup. It's one thing to bemoan losses in a market... it's quite another to make a hard decision to permanently take a loss or trade hard/smart to turn an earlier loss into a future profit. Welfare mentality is quite a big issue in the fiat world... and here it's no different I'm afraid.
December 07, 2014, 08:50:24 AM
Meanwhile me and Unusual gonna be splitting that bounty 'cuz we got the onluy official bet so far
lol I know right. My bay software isn't opening for some reason. You have my address you can set up the offer and post screenshot if you want. I'll accept it as soon as I can get this thing to open up.
ok bud. it will be my first go at making a contract so make sure your house deed is in a safe deposit box somewhere lol
December 07, 2014, 08:50:07 AM
Here's from the Bitbay Team
Who wants to do one? Easiest risk-free 50K BAY ever. You can tell your grandchildren that you won your yacht with this bet.
Ok guys - lightning round weekend competition for building a quick and easy BitBay smart contract : -)
The challenge: build the most creative smart contract bet you can think of on any of this Sunday's NFL games. Number of field goals, broken bones, whatever.
Bounty: 100,000 Bay
The rules:
1) Competition ends midnight Monday US east coast time. Winner announced Tuesday.
2) Your bet / contract must be accepted by someone else in the community & posted with screenshots, including execution.
3) Winning bet reward (100,000) will be split 50 - 50 between challenger & taker.
4) Have fun!
BitBay Team
Edit: deadline changed to include Monday night game : -)
The challenge: build the most creative smart contract bet you can think of on any of this Sunday's NFL games. Number of field goals, broken bones, whatever.
Bounty: 100,000 Bay
The rules:
1) Competition ends midnight Monday US east coast time. Winner announced Tuesday.
2) Your bet / contract must be accepted by someone else in the community & posted with screenshots, including execution.
3) Winning bet reward (100,000) will be split 50 - 50 between challenger & taker.
4) Have fun!
BitBay Team
Edit: deadline changed to include Monday night game : -)
Who wants to do one? Easiest risk-free 50K BAY ever. You can tell your grandchildren that you won your yacht with this bet.
December 07, 2014, 08:49:28 AM
So, NO they don't have 3000 BTC yet.
Actually, they never will as the entirety of the funds is less than that. It would only be 3000BTC if all of the ICO coins were sold at 300 sats... but actually none of them were sold at that price.
My guess is it's around 2780BTC at most... and probably closer to 2675BTC. A big chunk of the coins were sold at the 250-260 level.
December 07, 2014, 08:49:00 AM
I'm willing to discuss the price 1st quarter next year, but not now in this premature phase.
I really couldn't care less if it dumps to whatever low price coming weeks, as long as the BitBay team keeps their promises of the roadmap, I'm still a very happy investor.
I really couldn't care less if it dumps to whatever low price coming weeks, as long as the BitBay team keeps their promises of the roadmap, I'm still a very happy investor.
December 07, 2014, 08:48:34 AM
Meanwhile me and Unusual gonna be splitting that bounty 'cuz we got the onluy official bet so far
lol I know right. My bay software isn't opening for some reason. You have my address you can set up the offer and post screenshot if you want. I'll accept it as soon as I can get this thing to open up.
December 07, 2014, 08:47:49 AM
I would just like to hear something from the dev team . To calm people down.
December 07, 2014, 08:46:08 AM
Meanwhile me and Unusual gonna be splitting that bounty 'cuz we got the onluy official bet so far
December 07, 2014, 08:44:57 AM
@Amyth....
Well this would be potential 70% loss but in fact this is loss, just unrealised. Just like someone bought Blackcoin for 80k. He's at 90% loss, even if he didn't and he won't sell, he's in deep shit indeed.
Dev should put fucking buy wall for 300btc and Community must request this from devs.
If you treat this as a waste of funds, then it looks like:
Well this would be potential 70% loss but in fact this is loss, just unrealised. Just like someone bought Blackcoin for 80k. He's at 90% loss, even if he didn't and he won't sell, he's in deep shit indeed.
Dev should put fucking buy wall for 300btc and Community must request this from devs.
If you treat this as a waste of funds, then it looks like:
December 07, 2014, 08:43:06 AM
This is fucking STANDARD to use some % of ICO (specially when ICO is huge) to stabilize price around ICO price, when likely community is waiting for releases.
People here are hilarious - "price is not important" - talking about problems with expensive IOC is Fud and proposition/question of use small % of ICO to help price is "waste money".
People here are hilarious - "price is not important" - talking about problems with expensive IOC is Fud and proposition/question of use small % of ICO to help price is "waste money".
We're not saying the price is important. Don't worry, this isn't Dogecoin.
But you've got to recognise this for what it is. These are just a bunch of folks stunting with the price within an extremely shallow margin. In this context a buy wall would only mean a gesture to the investors. Like being served champagne on a first class trip. You paid for that champagne with your ticket, but if that champagne money could be used to make your trip both safer and faster you would do it. That's where your ICO money is going to right now, to a coding crew working on the exchange in order to get it finished in January.
December 07, 2014, 08:41:56 AM
They don't care about the price now because it is irrelevant when a peg is in the future of the coin.
No. They don't care about price because they have 3000 btc and community here is in Crypto Stockholm Syndrome.
Tell ppl when Bay will hit 60 sato and ppl will be at 70%+ loss that price is not important and using small % of huge ICO to help price is wasting money LOL
Q: How will BAY be using ICO investment funds? Will there be any public accountability or updates?
A: The BitBay team will not receive all of the investment funds out the gate. As stated during the ICO period, only a fraction of the community investment will be available to the team for immediate use. The rest of the funds will get released by bter exchange as we hit our development milestones. Here is a breakdown of how ICO funds will be released to the project:
- 33% of dev fund at completion of ICO / delivery of initial wallet. (This threshold has been met.)
- 33% of dev fund at btc at delivery of wallet with integrated smart contracts (Dec. 5th, 2014)
- 33% of dev fund at delivery of our decentralized marketplace (1st quarter 2015)
- Remaining balance of funds after 60 days of stable marketplace performance. At this time the BitBay team will also be releasing their Phase 2 road map.
So, NO they don't have 3000 BTC yet.
You only lose if you sell. 500 BAY will always be 500 even if price hits 1 sat. Only fools sell their coins at loss specially when it comes to coin that have potential to become next biggest thing.
December 07, 2014, 08:40:27 AM
They don't care about the price now because it is irrelevant when a peg is in the future of the coin.
No. They don't care about price because they have 3000 btc and community here is in Crypto Stockholm Syndrome.
Tell ppl when Bay will hit 60 sato and ppl will be at 70%+ loss that price is not important and using small % of huge ICO to help price is wasting money LOL
How is it a 70% loss when I'm never going to sell at 60?
December 07, 2014, 08:38:47 AM
They don't care about the price now because it is irrelevant when a peg is in the future of the coin.
No. They don't care about price because they have 3000 btc and community here is in Crypto Stockholm Syndrome.
Tell ppl when Bay will hit 60 sato and ppl will be at 70%+ loss that price is not important and using small % of huge ICO to help price is wasting money LOL
December 07, 2014, 08:36:16 AM
Well that sure makes my holiday plans much easier... now all I'll need is a beer, lawn chair, and some sunglasses. Thanks man! Was worried I'd still have to go back to work after new year's.
December 07, 2014, 08:34:35 AM
Waste money? LOL
This is fucking STANDARD to use some % of ICO (specially when ICO is huge) to stabilize price around ICO price, when likely community is waiting for releases.
People here are hilarious - "price is not important" - talking about problems with expensive IOC is Fud and proposition/question of use small % of ICO to help price is "waste money".
In that way when pice will be 60 people with coins at 2xx/1 shouuld be happy LOL
This is fucking STANDARD to use some % of ICO (specially when ICO is huge) to stabilize price around ICO price, when likely community is waiting for releases.
People here are hilarious - "price is not important" - talking about problems with expensive IOC is Fud and proposition/question of use small % of ICO to help price is "waste money".
In that way when pice will be 60 people with coins at 2xx/1 shouuld be happy LOL
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