About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking
The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want
Yeah it can still fluctuate!
So for example, 1,2,3,4,5,etc., months after the 'rolling' peg is implemented, there is no telling where the price will be for BitBay.
And users will be able to vote (decentralized) on how they wish to protect their investment. It's only natural that they will be voting in favor of keeping system stabilized OR for hope of potential growth!
Trust me! Karartma1
This is going to be a good thing. And is going to work great along side bitcoin.
It's going to be simple and yet elaborate.
If you want to be as simple as buy low, sell high - you still can!
However for the sake of day traders, the option of the complexity available will literally make it the most exciting trading process they have ever encountered before!
You don't have me on that but that is my humble perspective from a pure economic side. However, I'm totally in line with everything else which I love.
I'm not a day trader, I simply buy stakes in what I believe are the most viable alternatives of my beloved BTC.
We don't have to agree on everything here