Topic: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open - page 223. (Read 339486 times)

One hour left until trading begins, im highly curious to see whats going to happen

Our Windows wallet is ready and is 100% certified by the Crypto Certify team. We will launch the wallet moments before the markets go LIVE @ 22:00 GMT. A certified Mac build will be released shortly after. Thanks!

SilkBay )

pardon me friend, what wall? l m not aware of any wall,pls enlighten me thanks

Impossible, you cant dump lower than the availabe supply vs volume. The liquidity would vanish and the frozen funds would not move until arbitrage was made off your short sell and since there is a buy wall that exceeds the total active supply, they instantly profit off your mistake.

1$ a piece not realistic only day-dreamers claim that would happen,majority would be very happy to dump at 0.25$  even less,by the way l am heavily invested.happy dumping  

Whilst i agree your work is worth easily 100BTC+, you have to remember that you are not selling, you are allowing them to use it right? I like BC and hope that you will get a large chunk of btc for letting them use it. The more BTC feeding back to black coin is good.

HOWEVER his point is kind of valid regarding slowly releasing funds in chunks for work produced or at the very least a ledger showing what the funds are required for. These ito ico if run properly can produce the results they want whilst giving the investors some kind of assurances.

10 Btc is far too small but 100 BTC per week is getting rather more reasonable. If a large chunk of work was produced up to 250BTC per week could be released. I mean the ledger should be able to show where the funds are being used. I don't think that is too unreasonable.

I'm so glad I didn't touch this
Just you watch how price drops to 100 sats in 2 days

It IS possible. I can prove it in a video which I will show this on a whiteboard and we will make many videos professionally describing the economic theory.

We will fork and immediately freeze assets. However the funds available will be a small fraction of the frozen supply. Think of how ripple has 99% off the market. Well we will be similar. Except the "market" will be all of YOU. Mathematically, if there is only 1 million coins on market and a 2 million dollar buy wall at .95 cents. If everyone sells into the wall they give all the money to the people at the wall. Now any volume has to be higher. This forces arbitrage!! Now the people at the buy wall profit instantly because they suck up all the volume at .97 cents!!! Now you may ask, if your funds are frozen what is the USE??

First of all the use is, as the market grows so does volume so we allow faster circulation. People from the frozen side move to the liquidity side. People from the liquid side move to the frozen side. This happens very slowly. We have the option to decrease or increase this speed. Much like a wheel.

Therefore, its almost the way the US Government controls price. They use money sink holes to suck money out and then allow money to circulate.


They have the ability to depress or inject. Here instead of faking it like most govs do, we do it by freezing and unfreezing or like NuBits calls it, parking. However, in this case we ALL FORM THAT BODY. So this is very similar to decentralized governance? Dont believe me? Do the math. Take 10 dollars but remove nine. Place a buy wall at one and a sell wall at two. Make the supply one dollar. If the full supply sells, the buy wall at one profits because any new volume must now buy at the higher price. The arbitrage allows people to pull pure profit. If they see losses, the circulation stops and nobody new gets in to sell. If the volume increases the circulation increases and economy has been stimulated.


ADD THIS TO THE FACT that there is a market!! This market encourages spending! And with spending invigorates volume which allows for faster circulations of funds.


So its like an engine of money. The only thing that it responds to is volume but not price. The higher volume the faster the wheel moves. But this can be calculated by the sell and buy walls. We know when those walls get hit, that we should be decreasing or increasing supply. We also know when the walls get hit that we need to be increasing speed for volume.

Thus, price and volume is invigorated by economy alone, the money is backed and volatility gone.

It IS possible. I can prove it in a video which I will show this on a whiteboard and we will make many videos professionally describing the economic theory.

We will fork and immediately freeze assets. However the funds available will be a small fraction of the frozen supply. Think of how ripple has 99% off the market. Well we will be similar. Except the "market" will be all of YOU. Mathematically, if there is only 1 million coins on market and a 2 million dollar buy wall at .95 cents. If everyone sells into the wall they give all the money to the people at the wall. Now any volume has to be higher. This forces arbitrage!! Now the people at the buy wall profit instantly because they suck up all the volume at .97 cents!!! Now you may ask, if your funds are frozen what is the USE??

First of all the use is, as the market grows so does volume so we allow faster circulation. People from the frozen side move to the liquidity side. People from the liquid side move to the frozen side. This happens very slowly. We have the option to decrease or increase this speed. Much like a wheel.

Therefore, its almost the way the US Government controls price. They use money sink holes to suck money out and then allow money to circulate.


They have the ability to depress or inject. Here instead of faking it like most govs do, we do it by freezing and unfreezing or like NuBits calls it, parking. However, in this case we ALL FORM THAT BODY. So this is very similar to decentralized governance? Dont believe me? Do the math. Take 10 dollars but remove nine. Place a buy wall at one and a sell wall at two. Make the supply one dollar. If the full supply sells, the buy wall at one profits because any new volume must now buy at the higher price. The arbitrage allows people to pull pure profit. If they see losses, the circulation stops and nobody new gets in to sell. If the volume increases the circulation increases and economy has been stimulated.


ADD THIS TO THE FACT that there is a market!! This market encourages spending! And with spending invigorates volume which allows for faster circulations of funds.


So its like an engine of money. The only thing that it responds to is volume but not price. The higher volume the faster the wheel moves. But this can be calculated by the sell and buy walls. We know when those walls get hit, that we should be decreasing or increasing supply. We also know when the walls get hit that we need to be increasing speed for volume.

Thus, price and volume is invigorated by economy alone, the money is backed and volatility gone.

SilkBay

Im surprised this hasn't really been elaborated on but I think thats exactly where part BitBays market lies.
It could never be brought down like the others.  

This is not an informative post, but I just realized (it took this long for some reason), that BitBay might make Silkroad-type darknet markets obsolete or far inferior. Could someone share thoughs on this?

After markets and markets are going to be done the end of the year. How do I know? Because I was the only coder and there is already lots of things hard coded in to make it happen. BUT there is going to be a lot more after release. Fine tuning the trust system, calculating risk, adding more features. It never ends. This is the Half-Life 2 of software. Except you play as we build. So lets say 3-4 months.


Another guy asked about BlackHalo. And if you guys have been following this thread. I'm the biggest BC bull out there. BC gets the markets first actually. They get their own exchange NightTrader. Then i have another special idea in store. But going to avoid discussing it until all this work is done. So lots of excisting things in store.

It IS possible. I can prove it in a video which I will show this on a whiteboard and we will make many videos professionally describing the economic theory.

We will fork and immediately freeze assets. However the funds available will be a small fraction of the frozen supply. Think of how ripple has 99% off the market. Well we will be similar. Except the "market" will be all of YOU. Mathematically, if there is only 1 million coins on market and a 2 million dollar buy wall at .95 cents. If everyone sells into the wall they give all the money to the people at the wall. Now any volume has to be higher. This forces arbitrage!! Now the people at the buy wall profit instantly because they suck up all the volume at .97 cents!!! Now you may ask, if your funds are frozen what is the USE??

First of all the use is, as the market grows so does volume so we allow faster circulation. People from the frozen side move to the liquidity side. People from the liquid side move to the frozen side. This happens very slowly. We have the option to decrease or increase this speed. Much like a wheel.

Therefore, its almost the way the US Government controls price. They use money sink holes to suck money out and then allow money to circulate.


They have the ability to depress or inject. Here instead of faking it like most govs do, we do it by freezing and unfreezing or like NuBits calls it, parking. However, in this case we ALL FORM THAT BODY. So this is very similar to decentralized governance? Dont believe me? Do the math. Take 10 dollars but remove nine. Place a buy wall at one and a sell wall at two. Make the supply one dollar. If the full supply sells, the buy wall at one profits because any new volume must now buy at the higher price. The arbitrage allows people to pull pure profit. If they see losses, the circulation stops and nobody new gets in to sell. If the volume increases the circulation increases and economy has been stimulated.


ADD THIS TO THE FACT that there is a market!! This market encourages spending! And with spending invigorates volume which allows for faster circulations of funds.


So its like an engine of money. The only thing that it responds to is volume but not price. The higher volume the faster the wheel moves. But this can be calculated by the sell and buy walls. We know when those walls get hit, that we should be decreasing or increasing supply. We also know when the walls get hit that we need to be increasing speed for volume.

Thus, price and volume is invigorated by economy alone, the money is backed and volatility gone.

Not difficult hey?! You go ahead and write BitHalo from scratch. When you finish you will know that the price for its is easily 100 BTC. That software is mind numbingly complicated.

10 BTC is nothing. Thats not even enough to pay for a month of bills in the US. Lol it took me 4 months of coding just to release my beta. And then we worked our ass off for 4 months marketing flying all over the planet and you think its 10 BTC?

If you think its so easy, go write a Halo clone and do all the legwork to grow it for a year and sell it for 10BTC.