Great update david 
This is exactly why we need a new team member to be dedicated to this thread on this board.
So at a later date if other decentralised exchanges do not materialise and work well i guess bitbay has the ability to .....
Did you think any further about using the lock time and amount of bay to attribute rewards to those accumulating and saving? like savings bonds. I think people would really go for that. Especially once the online wallets and market place are here it would open all this up to the average person who does not want to run a wallet full time.
This is exactly why we need a new team member to be dedicated to this thread on this board.
So at a later date if other decentralised exchanges do not materialise and work well i guess bitbay has the ability to .....
Did you think any further about using the lock time and amount of bay to attribute rewards to those accumulating and saving? like savings bonds. I think people would really go for that. Especially once the online wallets and market place are here it would open all this up to the average person who does not want to run a wallet full time.
I'm not sure if I will give special incentives for staking frozen funds. It depends on time and testing. As that would be a more complex build. We shall see. However it is an excellent idea to incentivize trade of frozen funds.
I just read that part again.
I think making real decentralised savings accounts that incentivise accumulation and savings of bay to be it's most important feature yet other than the market place and the peg. However even those should come after decentralised savings bonds are available.
There needs to be great incentives for bay holders to buy and hold even if they are not using the markets. This would provide it.
It would have an effect greater than masternodes without the decentralisation.
It is simply psychology. This has worked great for masternode coins but they are not even that great most of them. With tiered savings bonds weighted to those that accumulate most and save the longest.... well that would get me locking down my coins for sure.
Would be useful to get bays to 50cents at least before flipping the peg on. I mean 1 dollar ideally. We've been to 10 cents haven't we before?
I would hate to see the peg flipped on before 50 cents. Although it must be flipped on at some point for the market place to really function perfectly.
Bay will get a lot more attention once it hits top 50 again. To do this we need a lot of people accumulating and holding. The churners are killing the rallies because there is too many people with not enough incentive to hold. Get those people to lock down their coins in bonds for a while and.....
Also if we don;t want the interest rate going to huge we could say this to the whales and wanna be whales ... lock your coins down or some of them and you will get a slightly higher % and some amount of bonus % will be dedicated to marketing and development. SO win win you will get a slightly higher than usual POS rate and fund advertising,bounties and development.
I know it will be a more complex build but really i view it as the most important feature bitbay could have at this time bar none.
This sounds very similar to the system used in Europecoin. Lock up some coins for 3,6,9,12 months and get higher POS rates as a reward.
Is that what you're suggesting?
... Am I missing something? I did not try the marketplace right now but the wall of feature Is quite impressive.
looking at the roadmap it looks like a very good time to accumulate 
