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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 11. (Read 542087 times)

jr. member
Activity: 193
Merit: 3
Everything Joe-Bloggs says is basically correct.
Especially the part about us offering more than 99.9% of all the other coins out there.

Joe, we really appreciate you wanting to help and you are offering good advice.

I just think our community is a little burned out after fighting so hard to just get us to where we are now; and everyone is just catching a second wind.
Also, not having the support of more than one exchange is not helpful. The peg is ahead of it's time; and a decentralized coin that is difficult to manipulate (once volume picks up), is not the favorite of TPTB (which even makes a stronger case for our success in the future).

If we can just get back on two or three exchanges, we will be off to the races.
The trick is being able to convince the exchanges that the algo for the peg is worth the time implementing it.

All of your suggestions (including marketing), takes $.
I am willing to work with you anyway I can, and I am sure others will want to also.

If someone could post the latest forums for us to be able to discuss moving forward, that would be appreciated.
member
Activity: 103
Merit: 18
The issue with using stakes as dev pot is that there has to be the buy support to even cash it out. However the community can find us OTC deals that myself or Craig could handle which could go towards development. I still have most of my coins since the project started.

Yes we can certainly work on building volume to bolster buy support. OTC trades will be great for US investors wishing to purchase. I mean even a web page with a live helper chat for 100k plus purchases would work nicely

I hear you but a dev with a good share of the project is the sort of dev you want.
I guess the dev can't be expected to do the work and pay for everything out of his own stake ?
The dev fund tax should have been higher and mandatory like dash

If we increase exposure and interest then volume and price will follow.
Bitbay is very advanced and very active project but it can appear sleeping because it doesn't publish its micro updates like other projects that do very little but dress it up to impress investors.
Activity on the forum is very important and a good community could build on here for Bitbay.

This project offers more than 99.9% I have looked at but sadly the majority of members here have not heard or looked at Bitbay.

One last question is how up to date is this feature wall?
https://bitcointalksearch.org/topic/m.9817451
Could more be added and all the amazing videos that people have provided in the past?
legendary
Activity: 2412
Merit: 1044
The issue with using stakes as dev pot is that there has to be the buy support to even cash it out. However the community can find us OTC deals that myself or Craig could handle which could go towards development. I still have most of my coins since the project started.
member
Activity: 103
Merit: 18
I think the marketplace is brilliant. However for real adoption you will need a web based and android ios version.
The ordinary person wanting to buy things or even more sellers are going to want to use it that way rather than download Bitbay market place. Although it is great and super innovative.
It would be nice to see a solid core in the community here. Some communities have a core of very dedicated and organised people that work together to help the project advance and they appear very active and alive.
That encourages new members here to become involved.
Bitbay really lacks this. It appears to be a part time project and that doesn't install confidence compared to decimated fulltime teams.
I say it appears because the work done here exceeds most other projects so the dev teams must be active but the community doesn't hear much from them so will die away.
How many hard core active community members does Bitbay have?



Those things are projects for the future, yes we could use a marketing team, also in the works. This project is over 7 years old, it's not going to fade away, the tech for this project is ahead of it's time, but things will come together, small Dev team, takes longer to get the work done, but if you want to help with the marketing, that would be great  Smiley
The Dev : (dzimbeck) is like the Nikola Tesla of Crypto's, not getting the recognition he deserves Wink

I agree with your post. I didnt mean my post to come across as negative at all.  What I mean is that it would be a terrible shame doe all of this hard work go to waste simply because exchanges are reluctant to integrate the pegging mechanism.
I still believe for strong adoption of the market place a web and phone based site must be completed.
No developer can do everything without help for specialists in certain areas. Well someone like David Zimbeck probably could but it may be a very inefficient waste of his time that could be better spent on other tasks.

Here are a few things that I would suggest that we as a community can do to help
These are merely suggestions.

The dev pot fund is needed more now than it will be in the future, the exchange and web marketplace are priority

1. Take a vote to increase dev fund contribution to 50% of pos stake (mandatory)
2.  Consider personal loan of Bitbay to dev contribution fund ( you get it back from future dev contribution pot later) lumps of 100k, whales could lend more.
3. Consider also donating 100% of pos stake.

The aim would be to accrue at least 25M to 50M Bitbay in a development fund as quickly as possible.
This would have a myriad of uses. Converting to BTC via manual OTC sales to members that cant buy or dont want to buy on token. Or could be put into a pool for a bay defi swap token. The lottery element from the defi side could be very enticing as they may get some liquid.

Meanwhile it would be sensible to form a group of real Bitbay enthusiasts that organise to start forming strategies to increase awareness. I really believe this project is something quite special. It is shocking to me this is hidden away out of the top 300 and hardly mentioned on crypto news sites.

If people could see the clear potential of this I'm sure it would be trivial to employ them to donate time and effort in return for Bitbay.

I think lowering the default target for the peg to 10C would generate more volume and get this going for now it can gradually be increased.

Just as important is that all Bitbay members should be active on this thread for discussion as well as other mediums.

I would also be interested to hear what people thought of maybe some return on investment projects assisting bay achieving its goals. I mean would it be possible for btc donors to purchase a share on the exchange so that part of the micro fees went back to them or similar such ideas?

sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
I think the marketplace is brilliant. However for real adoption you will need a web based and android ios version.
The ordinary person wanting to buy things or even more sellers are going to want to use it that way rather than download Bitbay market place. Although it is great and super innovative.
It would be nice to see a solid core in the community here. Some communities have a core of very dedicated and organised people that work together to help the project advance and they appear very active and alive.
That encourages new members here to become involved.
Bitbay really lacks this. It appears to be a part time project and that doesn't install confidence compared to decimated fulltime teams.
I say it appears because the work done here exceeds most other projects so the dev teams must be active but the community doesn't hear much from them so will die away.
How many hard core active community members does Bitbay have?



Those things are projects for the future, yes we could use a marketing team, also in the works. This project is over 7 years old, it's not going to fade away, the tech for this project is ahead of it's time, but things will come together, small Dev team, takes longer to get the work done, but if you want to help with the marketing, that would be great  Smiley
The Dev : (dzimbeck) is like the Nikola Tesla of Crypto's, not getting the recognition he deserves Wink
member
Activity: 103
Merit: 18
I think the marketplace is brilliant. However for real adoption you will need a web based and android ios version.
The ordinary person wanting to buy things or even more sellers are going to want to use it that way rather than download Bitbay market place. Although it is great and super innovative.
It would be nice to see a solid core in the community here. Some communities have a core of very dedicated and organised people that work together to help the project advance and they appear very active and alive.
That encourages new members here to become involved.
Bitbay really lacks this. It appears to be a part time project and that doesn't install confidence compared to decimated fulltime teams.
I say it appears because the work done here exceeds most other projects so the dev teams must be active but the community doesn't hear much from them so will die away.
How many hard core active community members does Bitbay have?

sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?

As far as I know Cryptopia exit scammed. The community here is quiet but tight. There are a few new projects in the works here, there will be posts for sure of any changes. But you can count on Bitbay becoming a big success in the near future  Cool Smiley

I like your enthusiasm but the community does seem dead.
The product deserves a lot more recognition. It also needs to have a reliable exchange and a functioning web marketplace.
Even more importantly it needs a community behind it that is useful and helps build awareness.
It does not help at all that there is an exchange called Bitbay that appears on Google at the top when you search for Bitbay.

If there were even 10 determined bit bay enthusiasts on this forum it could work wonders if they organised and did something effective. I feel sorry for the dev who has produced something quite brilliant only for nobody of consequence to notice it  

A reliable easily accessible exchange is essential. There is little point in marketing something that nobody can purchase.

This would be a good idea for Bitbay also

https://bitcointalksearch.org/topic/m.55673599




Welcome to the Bitbay forum, we love to hear any new ideas for the project, but we do have very functional marketplace here: https://bitbay.market/decentralized-marketplace/

The other Bitbay site has nothing to do with this project, I am not just being enthusiastic, there are serious projects in the works that we will notify everyone when it's ready. Like you said this is a brilliant project with a need for more exposure. Believe me this project will soon rise up from the shadows, best time to invest is now  Cool Smiley
member
Activity: 103
Merit: 18
Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?

As far as I know Cryptopia exit scammed. The community here is quiet but tight. There are a few new projects in the works here, there will be posts for sure of any changes. But you can count on Bitbay becoming a big success in the near future  Cool Smiley

I like your enthusiasm but the community does seem dead.
The product deserves a lot more recognition. It also needs to have a reliable exchange and a functioning web marketplace.
Even more importantly it needs a community behind it that is useful and helps build awareness.
It does not help at all that there is an exchange called Bitbay that appears on Google at the top when you search for Bitbay.

If there were even 10 determined bit bay enthusiasts on this forum it could work wonders if they organised and did something effective. I feel sorry for the dev who has produced something quite brilliant only for nobody of consequence to notice it  

A reliable easily accessible exchange is essential. There is little point in marketing something that nobody can purchase.

This would be a good idea for Bitbay also

https://bitcointalksearch.org/topic/m.55673599


sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?

As far as I know Cryptopia exit scammed. The community here is quiet but tight. There are a few new projects in the works here, there will be posts for sure of any changes. But you can count on Bitbay becoming a big success in the near future  Cool Smiley
jr. member
Activity: 59
Merit: 3
Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?
legendary
Activity: 2412
Merit: 1044
Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.
jr. member
Activity: 193
Merit: 3
Remember the good 'ol days?
Only TPTB knew everything was rigged and "they" would, and still do, set the price of all commodities with the click of a mouse.
This still holds true today; everything is still rigged, but now everyone knows... Wink

Early on we did not know everything was rigged, and David set out to make a decentralized stable coin for the world that was also resistant to Pump and Dumps. Subsequently, after a Herculean task that lasted 6 years +, he and the team have created BAY.

Now everything is built and working beautifully.
The Dynamic Peg is cutting edge and is in place to make BAY the 1st of it's kind ever - A Democratically Controlled Decentralized Stable Crypto-currency.
It's ready to roll.

We are just waiting for the world to discover us, use us, make Bay their own and profit from what we have built.

Buy, Sell, Trade Anything, It's all free. Compliments of David Zimbec and the Bay Crew.

...Once we have even a little traffic this will take on a life of its own.
jr. member
Activity: 193
Merit: 3
BitBay(BAY)去中心化匿名市场吸引了亚洲商人和寻求超私人交易避风港的投资者的注意。

Asian Whale(s) on deck?!?
jr. member
Activity: 193
Merit: 3
Lips sealed

Lol it's okay, you can comment!  Grin  Cheesy

Well if it's any consolation we will be testing a custom dex, multisig exchange... the only one of it's kind. And web based. Also there is a few other side projects going on.
We still are taking steps forward.  Cool

That's awesome  Cool  Looking forward to seeing that new exchange  Smiley
One bite of this elephant at a time.

We are the best kept secret in crypto (for now).
BTC is the Gold; BAY is the Silver.

BAY is a coin for the people/for commerce - and it's fully functional.
All we need is volume and the rest will take care of itself.
It's only a matter of time...

 Roll Eyes Cheesy
Cheesy
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
Lips sealed

Lol it's okay, you can comment!  Grin  Cheesy

Well if it's any consolation we will be testing a custom dex, multisig exchange... the only one of it's kind. And web based. Also there is a few other side projects going on.
We still are taking steps forward.  Cool

That's awesome  Cool  Looking forward to seeing that new exchange  Smiley
One bite of this elephant at a time.

We are the best kept secret in crypto (for now).
BTC is the Gold; BAY is the Silver.

BAY is a coin for the people/for commerce - and it's fully functional.
All we need is volume and the rest will take care of itself.
It's only a matter of time...

 Roll Eyes Cheesy
jr. member
Activity: 193
Merit: 3
Lips sealed

Lol it's okay, you can comment!  Grin  Cheesy

Well if it's any consolation we will be testing a custom dex, multisig exchange... the only one of it's kind. And web based. Also there is a few other side projects going on.
We still are taking steps forward.  Cool

That's awesome  Cool  Looking forward to seeing that new exchange  Smiley
One bite of this elephant at a time.

We are the best kept secret in crypto (for now).
BTC is the Gold; BAY is the Silver.

BAY is a coin for the people/for commerce - and it's fully functional.
All we need is volume and the rest will take care of itself.
It's only a matter of time...
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
Lips sealed

Lol it's okay, you can comment!  Grin  Cheesy

Well if it's any consolation we will be testing a custom dex, multisig exchange... the only one of it's kind. And web based. Also there is a few other side projects going on.
We still are taking steps forward.  Cool

That's awesome  Cool  Looking forward to seeing that new exchange  Smiley
legendary
Activity: 2412
Merit: 1044
Lips sealed

Lol it's okay, you can comment!  Grin  Cheesy

Well if it's any consolation we will be testing a custom dex, multisig exchange... the only one of it's kind. And web based. Also there is a few other side projects going on.
We still are taking steps forward.  Cool
jr. member
Activity: 193
Merit: 3
The Peg is working very well. Smiley

Now all we need is VOLUME and BAY will really take off and exist on its own (as the world’s first peer-to-peer, decentralized contracting platform - since 2014).

Where are all the Robinhood or TikTok jewels?!?
They should be smart enough to figure out how to exploit all the free features this coin has to offer.
sr. member
Activity: 470
Merit: 251
Bitbay is the Future!!!
BAY is virtually a free system for the world to do commerce. There is no middleman; and, it's very, very fast!

It's only a matter of time until smart entrepreneurs, or a country, takes advantage of what we have built here.

Everything is in place and working so anyone can sell and trade anything. Without a Bank Account!
Smart contracts are in place and many, many features exist (https://bitbay.market/features/)

If I wasn't a semi-retired physician, or was 30 years younger and needed a steady income, I would turn this into another EBay, Craig's List or Amazon - without the fees! I would just post all kinds of stuff here with the discount (savings from commisions) given to my customers. I think I would do very well.

Bitbay is about to explode, best time to buy is now!  Cool
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