Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 13. (Read 542186 times)

@Piston Honda - The joke was very funny! I had a good laugh.
I have actually felt that way many, many times over my 3.8 year involvement with BAY.
Its been incredibly painful at times (lol); but, we are still here.

Oh Well - Persistence, determination and a great product will eventually rule the day - I believe.
Winners never quit; and quitters never win. Again, BAY a GREAT product.

Once this resonates with a few more key people who have the following to make it go - BAY will do quite well.
It's still one of the greatest creations on Blockchain; but no one knows we are here.

We need a benefactor and/or sponsor to provide the liquidity and exposure we need to roll.
I think all we need is $3-5m (not much) - and we would have this thing humming.
I might be able to provide the liquidity myself if all goes well after this Corona Virus hype is over.

My Conclusion: This Peg David Z created is simply ahead of its time. It's kinda complicated; but its not...
Let's face it, BAY is also trying to legitimately make it in a deregulated, highly suspect arena that touches at the top of all that is. Banking.
TPTB are not going to cheer for us - since they are not involved.

Solution: We may have to create our own exchange for consistency (using some of the $3-5m grubstake); and populate it with BAY and only top tier, non-scam coins.

It's too bad we have had our starts and stops with LAToken, as I am super grateful for their participation.
This Peg is cutting edge, is brilliant and unfortunately has another layer of complexity for the exchanges that they simply don't have to worry about with other coins.

BAY is soooo wide open (it's ready to go - here & now) for what people are actually clammering for, in a decentralized Smart Contract Marketplace Coin - resulting in true anonymous business freedom and elimination of the middleman.

I'm stunned we are not in the top 10 coins.

Yes it is still valid. It automatically updates itself with latest blocks

Is this bootstrap https://github.com/bitbaymarket/bitbay-bootstrap/releases still valid? Just making sure that it will put me in the right fork. Thank you

The cartoon was funny, but jokes aside, Bitbay is hitting a few bumps in the road, everything will smooth itself out soon enough 

You make a valid point. I'll give you that!

Latoken will be back up and we are still working on stuff. If you want a buyer posted a dde contract on the market client or go on Latoken when it reopens. We have more aces up our sleeve still... this project is very much alive.

I am selling all my coins at market price.

Send me a pm if you are interested.

Good meme, however we will see who has the last laugh. 

When the smoke clears from the new defi lending bubble only the real projects will remain standing. The peg works without collateral, if the masses don't see the value in that yet then that doesn't change anything. In fact, it says more about them than it does about the project. Plus there is a lot more we can do to get this moving.

Im not sure how you have time to visit here piston...you must be so busy with that mad roller coaster ride called wild beast block....lol.
saying that I don't wish to put any coin down......that's your weird occupation.

but...it was funny...i'll give ya that.

Guys, LATOKEN has finally found the bug. They are working with Yshurik to fix
Getting close to being able to trade again!

You're very funny Honda  ,  but Bitbay is not melting, it will rise up again like the Phoenix!!!

This project will never close, this is temporary downtime, don't worry everything will return to normal soon.

Looks like it vanished even from Coinmarketcap.

Did they close this project?

Latoken still under maintenance, they should be back up soon. 

Has selling of Bitbay stopped completely? I have just checked today, and not even LATOKEN seems to have them on their platform?

Any news?

So this is PEG which lock all my funds? Again yours screen is from some testnet or different time of block? So if now others will vote for inflate (I'll round it out every 200 blocks to 4 hours)... Need down 100 indexes to make some coins avaiable. If everyone will contantly vote inflate and wanna get 711 index PEG. 100 indexes x 4 hours = 400 hours. 400/24=16,6 days of voting? Others agree with these rules?

At index 1 its about 100 BAY for liquidity. With current index 811 its 0 BAY


Btw Latoken exchange have already closed trades for BAY already for 4 days. Even support couldnt credit me monthly locked reserved BAY.

Lets imagine when will comes some investor with 10 BTC. He will be not even able buy since actual trading situation and if yes he will be not even transfer them to his personal wallet and if yes it will be automatically locked.

You should check your network settings to make sure you allowed it access to private/public networks. Also you can get a list of nodes from chainz.cryptoid.info

HALO v2.5. has no connections/ is it possible to add them manually?

It depends on the liquidity chart. It's possible that Latoken has more premium coins. It depends on when you deposited those coins on Latoken as well, how premium were they? If you purchased reserve it depends on who you bought it from, how premium/fast did those coins convert?

The only difference between Latoken and the wallet is the exchange does what's called "liquidity mixing" where for a smoother trading experience a user who buys liquid will have a share in the total liquidity pool for the users at that moment who are also liquid. This prevents a user from accidentally buying sub-premium liquidity because they can't see a users liquidity distribution chart. The reserve however is very specific and it's somewhat random the reserve quality you buy from a reserve seller. Although I suspect most of the reserve is premium because of people who deposited later with a better set of liquid coins.

So please I want you to take a look at the send tab and then activate coin select. Then look at all the inputs you can possibly spend. You will notice each input has a liquidity chart. If you click on that chart you can see that each chart is different and the amount of coins distributed is different for each index. You can also see these charts on the block explorer too.