BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open - page 261.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Hey buddy, I know on the surface how this may look but they will get the technology they asked for because they are contracting with Halo on it. So this just helps both parties. It was a mutually beneficial business deal. Lets say you are correct and the price drops, but you see they are still getting my tech and markets and they STILL fork to a hedging coin. Simply because they have are willing to take care of a dev team. During our negotiations they did in fact show me with their ACTIONS that they are more than capable of doing so. The old pump and dump scheme is over. Things are changing in cryptospace. Maybe you should just take a "wait and see approach". By them running a dev team, its absolutely amazingly beneficial to Blackcoin. Because now, it will be so much easier for me to get tasks completed... especially if there is staff on hand to help.

So, regardless of what you think the background is of people who licensed from me is, they are in fact willing to branch out from the current phony coin launches. That in my eyes is mutually beneficial to Blackcoin and any smart contracting related tech. As the owner of Halo, these are the types of deals that are of the highest value.

Quote from: dotcoin.info on November 09, 2014, 10:41:40 PM

Quote from: richwang on November 09, 2014, 10:31:46 PM

Quote from: BitBay Team on November 09, 2014, 04:42:20 PM

Just a quick update for everyone. We have decided to reward our earlier investors buy giving them a discount depending on when they buy their coins.

The formula will unfold as follows.
Each coin will be priced at:
252-264 satoshi -Day 1
264-276 satoshi -Day 2
276-288 satoshi -Day 3
288-300 satoshi -Day 4
300 satoshi -Day 5

Price will go up 1 satoshi every 2 hours on the hour.
Any unsold coins will be burned by BTER.

We hope you enjoy this opportunity and make the most of it.

Thank you.

Can I sell on Day 5?

what a sarcasm.

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: dzimbeck on November 09, 2014, 10:52:02 PM

Quote from: tobeaj2mer01 on November 09, 2014, 10:43:31 PM

@DEV

Thank you guys bring this fantastic tech to community, I have a question, how can you implement reverse-transaction, like I buy a goods but when I receive it I found it's bad, so how can you deal with this scenario, can you explain it in tech perspective?

Because its double deposit the contracts are unbreakable. Please read my whitepaper at BitHalo.org. By both parties making an advanced deposit they have to work together. Escrow extensions are allowed but if they dont play nice the money is destroyed.

Thanks Dave. I'm sure you'll have more of these questions tomorrow during the AMA. It's the learning curve. We understand. Thanks again.

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: tobeaj2mer01 on November 09, 2014, 10:43:31 PM

@DEV

Thank you guys bring this fantastic tech to community, I have a question, how can you implement reverse-transaction, like I buy a goods but when I receive it I found it's bad, so how can you deal with this scenario, can you explain it in tech perspective?

There are a few ways to enforce this. I urge you to stop by the AMA tomorrow on Reddit and speak with Mr Zimbeck himself.

As I understand it, there will be double deposit smart contracts. Both parties will need to agree that the transaction was complete for any funds to be released. And as the seller needs to put up money as well, not just product, the double deposit smart contracts will keep all scammers away.
There is no way to scam using this feature.
Same goes for the buyer. The buyer also needs to put up double the amount. So if he were to try and screw the seller he would lose out 2x.
It's pretty much like guarded fence and the only people who can get in are the ones with serious and legit intentions.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: tobeaj2mer01 on November 09, 2014, 10:43:31 PM

@DEV

Thank you guys bring this fantastic tech to community, I have a question, how can you implement reverse-transaction, like I buy a goods but when I receive it I found it's bad, so how can you deal with this scenario, can you explain it in tech perspective?

Because its double deposit the contracts are unbreakable. Please read my whitepaper at BitHalo.org. By both parties making an advanced deposit they have to work together. Escrow extensions are allowed but if they dont play nice the money is destroyed.

Hityor_Petar

member

Activity: 118

Merit: 100

I won't be selling on day 5. This has a lot of promise and looks very well made and has a respected person developing it. Cool

tobeaj2mer01

legendary

Activity: 1098

Merit: 1000

Angel investor.

@DEV

Thank you guys bring this fantastic tech to community, I have a question, how can you implement reverse-transaction, like I buy a goods but when I receive it I found it's bad, so how can you deal with this scenario, can you explain it in tech perspective?

dotcoin.info

sr. member

Activity: 686

Merit: 252

www.cd3d.app

Quote from: richwang on November 09, 2014, 10:31:46 PM

Quote from: BitBay Team on November 09, 2014, 04:42:20 PM

Just a quick update for everyone. We have decided to reward our earlier investors buy giving them a discount depending on when they buy their coins.

The formula will unfold as follows.
Each coin will be priced at:
252-264 satoshi -Day 1
264-276 satoshi -Day 2
276-288 satoshi -Day 3
288-300 satoshi -Day 4
300 satoshi -Day 5

Price will go up 1 satoshi every 2 hours on the hour.
Any unsold coins will be burned by BTER.

We hope you enjoy this opportunity and make the most of it.

Thank you.

Can I sell on Day 5?

what a sarcasm.

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: richwang on November 09, 2014, 10:31:46 PM

Quote from: BitBay Team on November 09, 2014, 04:42:20 PM

Just a quick update for everyone. We have decided to reward our earlier investors buy giving them a discount depending on when they buy their coins.

The formula will unfold as follows.
Each coin will be priced at:
252-264 satoshi -Day 1
264-276 satoshi -Day 2
276-288 satoshi -Day 3
288-300 satoshi -Day 4
300 satoshi -Day 5

Price will go up 1 satoshi every 2 hours on the hour.
Any unsold coins will be burned by BTER.

We hope you enjoy this opportunity and make the most of it.

Thank you.

Can I sell on Day 5?

As soon as the ICO is over the market will be open for trading.

richwang

hero member

Activity: 605

Merit: 500

Quote from: BitBay Team on November 09, 2014, 04:42:20 PM

Just a quick update for everyone. We have decided to reward our earlier investors buy giving them a discount depending on when they buy their coins.

The formula will unfold as follows.
Each coin will be priced at:
252-264 satoshi -Day 1
264-276 satoshi -Day 2
276-288 satoshi -Day 3
288-300 satoshi -Day 4
300 satoshi -Day 5

Price will go up 1 satoshi every 2 hours on the hour.
Any unsold coins will be burned by BTER.

We hope you enjoy this opportunity and make the most of it.

Thank you.

Can I sell on Day 5?

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: ownerbest on November 09, 2014, 10:08:59 PM

Quote from: PlatinumExpress on November 09, 2014, 09:12:23 PM

Quote from: ownerbest on November 09, 2014, 08:37:42 PM

So, if someone has evidences that your team come from China, why u deny it?

What matter if they where from China 1/7th the people on the planet are from there? Regardless of where them this team has come out with a pretty cool looking coin concept and will put it into action real soon.

It does not matter. So, I ask why they denied.
Or, it does matter, I come from China, I know those guys are just good at pumping and dumping games. For coding or developing? LOL, come on.

Our partners are not interested in "pumping & dumping". We have hired Mr David Zimbeck as our development team manager. And as a matter of fact, he's already sourcing devs globally to work on the BitBay project

We thank you for your concern.

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: Koontas on November 09, 2014, 10:00:56 PM

Great concept, will follow along on this little ride.

Thanks. We look forward to seeing you around here.

ownerbest

sr. member

Activity: 322

Merit: 250

Quote from: PlatinumExpress on November 09, 2014, 09:12:23 PM

Quote from: ownerbest on November 09, 2014, 08:37:42 PM

So, if someone has evidences that your team come from China, why u deny it?

What matter if they where from China 1/7th the people on the planet are from there? Regardless of where them this team has come out with a pretty cool looking coin concept and will put it into action real soon.

It does not matter. So, I ask why they denied.
Or, it does matter, I come from China, I know those guys are just good at pumping and dumping games. For coding or developing? LOL, come on.

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: josiahwh on November 09, 2014, 09:47:09 PM

I think I've seen this price increasing trick before. Usecoin, biggest scam offering to develop a decentralized market, its price of ico stage 1 is 1000 sat, when stage 2 it is 1500 sat. And rootcoin is just like this.

Decentralized market, ico price increase trick...Coins of this symbol never ends well. Usecoin, rootcoin...

Nope, I think I'll skip this one.

Sorry to hear that you'll be passing. Its a great project we've got going on here and maybe one day you'll realize this and become a BitBayer.

Koontas

hero member

Activity: 784

Merit: 502

Great concept, will follow along on this little ride.

josiahwh

newbie

Activity: 3

Merit: 0

I think I've seen this price increasing trick before. Usecoin, biggest scam offering to develop a decentralized market, its price of ico stage 1 is 1000 sat, when stage 2 it is 1500 sat. And rootcoin is just like this.

Decentralized market, ico price increase trick...Coins of this symbol never ends well. Usecoin, rootcoin...

Nope, I think I'll skip this one.

PlatinumExpress

newbie

Activity: 47

Merit: 0

Quote from: ownerbest on November 09, 2014, 08:37:42 PM

So, if someone has evidences that your team come from China, why u deny it?

What matter if they where from China 1/7th the people on the planet are from there? Regardless of where them this team has come out with a pretty cool looking coin concept and will put it into action real soon.

Adderral

full member

Activity: 154

Merit: 100

★YoBit.Net★ 100+ Coins Exchange & Dice

Quote from: BitBay Team on November 09, 2014, 04:42:20 PM

Just a quick update for everyone. We have decided to reward our earlier investors buy giving them a discount depending on when they buy their coins.

The formula will unfold as follows.
Each coin will be priced at:
252-264 satoshi -Day 1
264-276 satoshi -Day 2
276-288 satoshi -Day 3
288-300 satoshi -Day 4
300 satoshi -Day 5

Price will go up 1 satoshi every 2 hours on the hour.
Any unsold coins will be burned by BTER.

We hope you enjoy this opportunity and make the most of it.

Thank you.

I will be there day 1 for sure. My BTC will be on Bter real soon.

BitBay Team

newbie

Activity: 56

Merit: 0

Quote from: ownerbest on November 09, 2014, 08:37:42 PM

So, if someone has evidences that your team come from China, why u deny it?

Our team members are located globally. We have not denied anything. We have some coders in Cambodia, soon to have some in India as well. We have marketers working from the UK and the States. We have partners in China as well.

Like I said. We are located globally.

ownerbest

sr. member

Activity: 322

Merit: 250

So, if someone has evidences that your team come from China, why u deny it?

BitBay Team

newbie

Activity: 56

Merit: 0

Only 24 hours left to the AMA with Bitbay's project manager Mr David Zimbeck

http://www.timeanddate.com/countdown/generic?p0=179&iso=20141110T1930&year=2014&month=11&day=10&hour=19&min=30&sec=0&msg=AMA%20with%20Mr%20David%20Zimbeck …

Topic: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open - page 261. (Read 339472 times)