Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 162. (Read 542140 times)

Bter may have (had) some small wallets that I don't know about. But if your Bay where in one of their main wallets, they are gone. All moved to Bittrex and sold. So I'd say chances are small you will ever get them back. 
As to why anyone uses Bter, I'd like to know that too

Looks like BTER is just going to ignore my support requests regarding my BAY they are holding hostage (or have sold) . What type of exchange is this? Why do chinese continue trading there?

While all Alts are down it is pleasant to see bitbay almost double from when it was when all aits were rising.
It is difficult to understand market, any reason for such a sudden rise that too when btc is breaking new records and Alts suffering?

No problem. 5M is a very good amount of bay. Good stuff holding since the ICO too.

Thanks for the concise explanation. I wish I could do more to help but, I'm so busy right now in "real" life it would not work out, perhaps down the road. I do defend BAY anywhere I see it being treated unfairly and I will mention it's features anywhere someone is looking for a quality investment. I invested in the ICO and currently hold about 5M Bay adding when possible and other family members have around 250K so you can see we believe in the project! Oh, and I agree with you on SLACK, great place to get work done, not so much to introduce new users or keep up on whats happening when you have a tight schedule.

Ever forward!

the tides are changing over the last few weeks. Proper true investors are enterig crypto and looking for serious game gaming tech! ARISE CHICKUN!

There is  a core of a few people that are constantly helping david with things.... I have no idea who they are except munti or what exactly they do. I think they help testing features and such. I think to become part of the core you would need to prove substantial bay holdings else you could come in and steal their ideas and such which i fully agree with. Not just anyone should be able to be part of the core. I expect that
cr197 is a core member just because he does a lot of great work for bitbay and makes those excellent videos etc. Munti probably does a lot in the background invisible to this forum but perhaps very visible on slack. I don't care much for slack this board is more important to me it keeps bay highly visible for incoming new investors. To me this board is crypto central and you want to look active and interesting on here. I know slack is good for the dev side of things.

I think in return they are privy to the latest ideas and updates before the rest of the people get to know. However I mean if what bay already has and we know is coming is not enough reason to hold and accumulate then of course there is no alt worth holding or accumulating.

that's pretty remarkable!

@david, please update the bootstrap  and point me out where to download it! thx

He was happy with my answers which I took from this thread. I had told him this mostly already seemed needed confirmation. Anyway he is onboard now and picked up some.

Need a bunch more real investors not the churning pest day traders.

Look at this today, this typical of people constantly churning and selling hoping to get back in lower. Hope they get priced out and left behind. These are not real long term investors that have an interest in the project at all.

I really hope we will come up with something that will attract accumulation and long term holding asap. We need tiers and ranks. People like to aim for something and get a rank too with a decent reward. Seen it done successfully in a few other projects too. The psychological element can not be underestimated.

As soon as a person buys some up a bunch of churners are dumping and buying back lower because weak hands with no incentive to hold are dumping to them on any moves. We need to get rid of day traders and scalpers as much as we can and encourage long term holding and saving of the tokens.

Oops. Stats out of date already. Sorry about that

Top 3 assets trading against the grain and beating bitcoin in the current hurricane rally...

(Ratios are against Bitcoin, not $USD )

What, exactly do you mean by "core"?

We have a bootstrap. I should update that actually. For now the QT is "lite"

Yeah just like munti said, I promised our core that all new templates and feature go exclusively to us. So cryptohunter your friend is incorrect to hold so much Sys when they have centralized arbiter and doesn't solve any real world problems. He needs to understand that BitHalo only gets bug updates from here forward. Exotic spending and all the remaining templates go here only until potentially a long time after pegging. Whatever achieves maximum impact for the people invested here.

Currently, investing in Bitbay is no the only way to truly invest in Halo. I don't control Blackcoins codebase and since people here invested in Halo directly they deserve to see it succeed. BitHalo/BlackHalo is still my product and baby but we have the rolling peg and a lot of other things here.

Also our markets work and have hundreds of little features that Sys doesn't have. So it's a bit funny to me to see the projects being compared. If you have trustless markets you need trustless escrow or your markets simply aren't trustless.

Cold staking was a joint effort between Blackcoins dev rat4 and David, so it's fair that blackcoin has it too. All the other new features are/will be exclusive for BitBay for a long time. Blackcoin will only get bug fixes. And pegging will be BitBay only.




As you said the activity is mostly on slack. That's simply because slack is a better tool for team efforts than this forum. So the discussions are in slack, but decisions are announced here.

Rest of core is in slack of course  There are now 15 members in core. I'm one of them. We will present all or part of the team in OP, but first we need to reorganize the team. This is a process we are in now, and I will make an announcement about it this week.

I absolutely agree. BAY is one of the best projects out there. A true top 5 contender. It almost has an endless amount of features. Some which are/will only be exclusive to BAY. The rolling peg will be a total game changer. Like Cryptohunter said, I am shocked that Syscoin is so much more than BAY and that Blackcoin is even around us. BAY is the best of the bunch, imo.


Here is a giant list of a bunch of features one of us compiled a few months ago. It probably has more as of today and is still growing.


*Unbreakable contracts (Peer to Peer no blockchain bloat)
*Decentralized Anonymous Markets (Peer to Peer no blockchain bloat stronger than Tor)
*Multisignature wallets with dual passwords hidden inside of PNG/JPG images using steganography
*Automated Joint accounts and the ability to sign transactions with 2 computers (hard core security)
*User Friendly Templates for contracts
*Training videos
*Ability to hide any file in an image
*IMAP under the hood full integration with Email, automated negotiation of contracts
*Price tracking so orders always maintain price
*Bitmessage fully integrated decentralized email and markets
*Translates to 92 languages using Google Translate
*Unique change management system which breaks all the change into denominations
*Easy to use accounting panel
*Live Python Debugger, run the interpreter within the software
*Advanced sending with multipay options
*"Pay To Email" tipping system. Hide payments in images direct to email.
*Everything is automated
*Full Offer/Counter-Offer negotiation system.
*Escrow panel with tons of options, anonymous chat
*Feedback and reputation system, see how many contracts gained and lost
*Serverless, everything is Peer to Peer
*Decentralized moderation keys available to trusted users
*Custom contracts and all kinds of contact options
*Start your own market, completely anonymous
*Cash for coins template
*Custom contract template (can do anything you want if you are
familiar with it)
Implications of DDE(Double Deposit Escrow) Smart Contracts and their use cases:
Decentralized "Local Bitcoins": Send wires without the fear of theft due to Double deposit
Decentralized exchange of cash for coins
Buy/Sell anything without "Empty Box Scam" NO ARBITER NEEDED. It is self enforcing trade even with untrusted parties
So it works like a decentralized trustless ebay... NO MIDDLEMEN, NO ESCROW NEEDED
Works like decentralized Freelancer/Odesk
Unbreakable Employee contracts. FORCE people to HONOR their word! No more unreliable employees, employers forced to pay as well.
Barter ANYTHING. Use the coins only as self-assurance. Form a farm co-op trade Gold for Silver, Iron for Wheat. No need to use coins can decouple completely from currency.
Some of the templates are still being worked on to make it "Mom friendly" so that it takes as few clicks as possible to form a contract. No need to think of "terms and conditions" contracts are anonymous and self-enforcing. Here is some of the features that we are working on in 2017:
*Exotic spending... we will have the worlds first client to support time locks in the UI, deadmans switch and burn and parking and freezing coins all supported within the UI.
*Cold Staking for both BitBay and BlackHalo... stake using two computers, impossible to hack. Its basically joint account staking
*Custom Staking with Voting! Completely trustless voting and donations via staking.
*Anti-Keylogger: A special on-screen keyboard to obliterate keyloggers once and for all. Even mouse movement loggers will be no match for this unless every movement is recorded
*Tor and proxy options for internet requests
*Buy/Sell template featuring multiple shipping options including a calculator and options to bill in escrow
*Employment template featuring the ability for weekly reports and auto-payment within contract. Payments contingent on reports
*Barter contract with amazing "wish list" where each item can be calculated converting kilograms to hours and ability to know exactly how many "Avocados" you need for a pound of "Tomatoes". Perfect for farming co-op in 3rd world countries. Perfect for trading used items!
*Reverse auctions! Sellers bid for you the buyer
*Normal Auctions... Ebay style decentralized auctions
*Python contracts: Use the python interpreter to make contracts between peers. Pre-approved contracts potentially possible for verified devs and audited code on github.
*API And more!



If the right people new about this, BAY would explode. Like David said, marketing in China would be a great idea. Any marketing at all is good, though.





I also agree with keeping this thread on the first page. We can also post in threads like these to get BAY's name out there


https://bitcointalk.org/index.php?topic=1300525.1520  "Alt coins worth buying"

https://bitcointalk.org/index.php?topic=1691917.420    "Best Altcoin to invest in for 2017 and WHY !!!"





Long live BAY

BAY is amazing but it needs a marketing push imo.

We did have a snapshot from kiklo but i am not sure if that still works for some reason.
TBH this wallet is very fast to sync compared to many many other wallets.

this coin needs a light wallet. this will help i think.

and if this is not possible then we need a fast download of the wallet. i still did not download the wallet because it takes years to do it.

The thing about doge is they have a large community that does count for more than people realise. At its peak doge community was second only to btc and still tx wise they do a lot of tx.

There are worse coins pumping far harder. I quite like doge. It works well for what it is meant to achieve anyway.

Bay of course is superior in every way except for community size and also we don't have much in the way of exchanges right now.

I notice blackcoin rising past us. That is particularly strange because without halo why would you go for blackcoin over bitbay. I find it strange their cap is higher than bitbays. I sold most of mine to get bitbay. Good move of course since bitbay was practically nothing then.

I see they are mentioning they have cold staking now. Kind of annoying. Do they have the voting system too?

How can we stop them attracting investors away from bitbay with tech they are getting for free? We need to ensure their version of halo is not as advanced as bitbays. If i had my way I would extract halo from them altogether.

True story. I was chatting to someone with a 5k BTC portfolio with no bitbay?? when i asked why he said bitbay has nothing of its own.. you have blackcoins codebase and halo neither is bitbay exclusive so you have nothing. He has millions of sys coins because he wants exclusive tech? but then sys is open source code so how is that exclusive? Im not saying its a bad project and is in fact good but no chance worth 3x bay.

Anyway something needs to be done about this issue really. These are not the first people to have said similar things to me when I try to get them over to bitbay or at least to get some bitbay in their portfolio even if they are not going to go wild on any one project.

Any word on something new coming out for bitbay. Something we can boast is a big first without blackcoin saying snap straight after?

This thread looks a bit slow too. I appreciate slack is useful but there is a huge influx of new people arriving here. This thread should be on page 1 of the ANN section really at all times.

We should be discussing features and who we can market them to on here constantly.

I know david is busy coding but where are the rest of the core? How many people are in the core and who are they on this board?