Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 12. (Read 542196 times)

Lol it's okay, you can comment!   

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. 

The Peg is working very well.

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.

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

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.

You are right, Bitbay just needs a bit of marketing and some new blood and people will see what a great project this really is.

Ok...

I'm looking for a young (or old) start-up with a load of cash to get on board here.
I think only 5m is needed to build-out the last part of the infrastructure (exchange) and advertise.
That's it.

Who wants to be the NEXT Elon Musk or Jeff Bezos?!?

This is THE best potential crypto out there.
And right now, it's waaaay undervalued for what it can do.

Someone, or a country, could use this to really excell.
Everything will eventually be on the blockchain.
Decentralization means honest markets.

Use BAY to create a dynasty.

Be Free.

Just back from summer vacation/work in Alaska where there was basically no covid, no news and no trolls.
It was almost heaven...

Glad to see BAY is still listed (kinda) on CMC (Coin Market Cap); also now (kinda) on CG (CoinGecko) again. lol
Oh well! One bite of this elephant at a time.

Side Note: I did a legal private transaction upon my return using the Decentralized ANONYMOUS Marketplace (and this is why I am STILL confident BAY will do well going forward), THE TRANSACTION WAS AS FAST AS GREASED LIGHTNIN' ON FUR (fire)!!!
Yep... really, really quick.

This is a good great project. It has A LOT of features in place and everything is working beautifully.

https://bitbay.market/decentralized-markets/
https://bitbay.market/features/

Well said and I agree with you 

Why, whats so funny about it. The project is extremely well coded. Scams like Ampleforth where supply doesn't change a users equity and is completely taking advantage of the ignorance of orderbooks is .25 billion. Dogecoin is still one of the top coins in the world. What's is comedy gold is how society lauds and loves anything as long as it's liquid and marketed and pisses and shits on anything that is technically brilliant if not funded. Remember Urocoin? Yeah, people bought into that and even pumped it.

I will say it again, our lack of adoption is a reflection on society, not on what we accomplished.

Yes I made a mistake and should have focused more on setting money aside and I know a couple other investors are thinking the same. However that doesn't take away from the fact that this project solves important problems like escrow and stability with upside potential (assuming there is true liquidity). I hold no illusions about our future, I'm going to keep working and have some ideas still... even if the moves are radical.

Investors who would rather toss their money at trash than at brilliant innovation are the losers of society even if they get rich doing it. They gained financially but lost spiritually.

now THAT is comedy gold right there......................

LOL

 

...And so it has.
THANK YOU LATOKEN!

Hallelujah / Amen / God is great!
lol

NOW, where are the Players that want true freedom?

This is a fantastic platform to buy/sell/trade the PM's (Precious Metals)
Au & Pt and Ag. All day long. No Ebay or Amazon screw job on fees.

Gotta have Physical - of course.
SLV / GLD are apparitions (ghosts) with at least 500 owners per ounce of rehypothecated metal. True (do your homework).
Remember... If you don't hold it, you don't own it.

BAY will separate the wheat from the chaff.

Buy / Sell / Trade Anything, Anytime.
Contracts are in place.
Keep it legal.
Be Free.

Trading has resumed on Latoken! 

Thank you for your help. With the Blockchain explorer I saw that the coins are still there. I am looking forward to the wallet update.

Mobile wallet isn't updated yet, but we literally just pushed an update, it should be available in a few days.

In the meantime you can check your mobile account on the web wallet at wallet.bitbay.market

We asked them about it before. If they were being honest they shouldn't call it supply control. It's more like a split/reverse split system. Really it wouldn't have any meaning if exchanges listed users by their percentage of total market share. A supply control system needs to have a shift/change in user equity for it to have any meaning.

Does your address load up on screen?

If so, enter your address in the search field of the chainz block explorer
See if your coins are showing on the block explorer


https://chainz.cryptoid.info/bay/

I WOULD HAVE BUT I COULDNT FIND A AMPL BITCOINTALK THREAD

I have an web (Mobile) Wallet and it show me no Coins. What happend with my coins?

AMEN Doc, currently Ampleforth is in top coins and it's saying they have "elastic" supply because they think 1/10 = 10/100... such a scam. As if Bezos could multiply/split total number of Amazon stocks by 10 and magically make himself a trillionaire. If exchanges listed users by their percent of marketcap that coin would be worthless. It is an insult to all things good in the world (bunny rabbits, waterfalls, fluffy clouds) that BAY is not currently the one being lauded as the go to so called "elastic supply coin". We live in an Idiocracy... it is painful to watch. But we have to consider that says more about society than it does about us. Sure we made our mistakes by not capitalizing more as a team when we had the chance, but that is nowhere near how disappointing it is to watch the masses walk into scams.

BAY works because of users holding EQUITY over reserves!! That special equity is what makes the magic happen. It matters when a person buys, how liquid their coins were at the time and so forth. Those things matter and without equity changes there would not be a true change in supply vs demand. (someone should really repost this on AMPL... lol)

What is missing is traditional income streams that most businesses get. If we were to get capital of a few million surely it would go towards things that actually bring home some bacon for the project. We have the talent, we have the peg, it holds 20 cents, all we are missing is resources/liquidity. Plus we succeeded once we can do it again.

One thing our nay-sayers can't deny is that we DID hit .5 billion marketcap after they spent years coming to the forums shitting on the project. We had a win that they will never forget. And that was without the peg! It's one of the greatest accomplishments in my life. I said years ago, success is the best revenge and I promised we would succeed despite having brand confusion, abandonment from the founders, trolling, censorship and so forth. People said "change the name of the project, go anonymous" and I responded "no, because fuck them and when we succeed it will be that much sweeter."

We did succeed despite all of the adversity. If we can pull it off again the peg will be too strong for anyone to stop because we have built in volatility protection! It's true our future is uncertain, I would never ever create a false expectation. Regardless of the future, we can know we took part in one of the greatest underdog stories in crypto history. When BAY piqued in 2017-18 it was the #1 gainer when Bitcoin bubbled for almost a week straight. It was doing 100% per day without the peg! After all we had gone through it was great. I know a lot of us didn't sell much myself included and what a big mistake to screw up a winning position. There almost isn't a day that doesn't go by where I kick myself for it. But it was a series of moments I know I personally will never forget. I've learned though... I've learned that unpopular decisions are sometimes the right ones, that focusing on adoption was something I greatly underestimated, that we didn't put enough into finding liquidity providers or doing standard marketing or thinking of cash cows to invest in on the side to keep a full time team funded (even if it had to be something totally unrelated like real estate). However nobody should underestimate persistence. I've got a more ideas and a few aces up my sleeve still. Even if the moves/changes are radical. It's not over until the fat lady sings.

Well spoken!
It takes a lot of patience, but in the end it will pay off.
And when the foundation is finally receiving a steady income from our 2 projects that will generate it, then we can really kick development into high gear.
And finish completing the foundation/community governance system.