Whales you say?
Actually, the one thing we DON'T need are whales. Whales are in for the short term profit and out leaving the rest of us holding the bag when the price drops. If you don't agree, go back to the ICO and then tell me we need whales. What we DO need is marketing and David has started down that road, and things are looking up.
It's a real shame crypto isn't valued for the tech alone. This project has some rather formidable technology and would certainly be a top ten if that were the case. But, emotion and profit rule this industry and you have to play to both of them to be successful. So, now that the tech is being finalized, we can do just that. I ask everyone reading this to assist with the marketing in any way you can. David is on the right track but, he is an army of one, lets join in shall we?
PS: If you are serious about getting BAY listed on Poloniex, I suggest everyone fill out their "Coin Request Form" here: https://poloniex.com/coinRequest
Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 214. (Read 542140 times)
January 19, 2017, 09:24:48 AM
January 19, 2017, 08:03:31 AM
Going over 200 satoshis today.
We about to lift off!
We about to lift off!
January 19, 2017, 07:35:52 AM
Yeah that is why we should market. People don't realize what the client does. I think we can use the training videos to our advantage here.
https://www.youtube.com/playlist?list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU
That playlist also has smart contracts in action.
It seems like people are starting to notice we probably got 10 new slack users in the past couple days. And we had some people use the markets for buying/selling coins. Legitimate new users who were not from our core group. So they weren't people testing it but they are actually using it. Very good sign.
https://www.youtube.com/playlist?list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU
That playlist also has smart contracts in action.
It seems like people are starting to notice we probably got 10 new slack users in the past couple days. And we had some people use the markets for buying/selling coins. Legitimate new users who were not from our core group. So they weren't people testing it but they are actually using it. Very good sign.
January 19, 2017, 06:33:25 AM
Is everyone staking or keeping the coins in bittrex?
There are approxamately 120 mil coins on Bittrex. Rest is staking or offline
January 19, 2017, 06:03:39 AM
No bittrex or poloniex are not the problem. Watching NEXUS ... a lot of whales are also on bittrex. The problem is that not many people know BITBAY, some have forgotten since the history of investors in 2014, and others have no information of what is being done here! It's time, communication, marketing and investor research .. It's a different phase but very important for BITBAY I think!
Even syscoin whose site is ugly, are better known in the world of crypto currencies. The work done by David is great but now we must let the world know!
Even syscoin whose site is ugly, are better known in the world of crypto currencies. The work done by David is great but now we must let the world know!
January 19, 2017, 05:52:23 AM
Is everyone staking or keeping the coins in bittrex?
January 19, 2017, 04:47:57 AM
polo is the key to us getting more notice. I mean we have more volume than a lot of their coins and this in on a far smaller exchange.
We can still grow on bittrex it is a good exchange. But most whales stick to polo now. We need whale adoption.
Having said that bay is good enough to break out on bittrex. It is doing nicely now. I mean it does not drop below 100 sats hardly ever now and is mostly doing reasonable volume most days. I would not see why polo would not add us.
Most people that are buying bay are holding even during a large btc rally.
It's good we are sticking in the top 100 on cmc too that is extra advertising. Top 50 will be even better. There are some that only look at top 20 coins to hold long term. We will get there eventually.
We can still grow on bittrex it is a good exchange. But most whales stick to polo now. We need whale adoption.
Having said that bay is good enough to break out on bittrex. It is doing nicely now. I mean it does not drop below 100 sats hardly ever now and is mostly doing reasonable volume most days. I would not see why polo would not add us.
Most people that are buying bay are holding even during a large btc rally.
It's good we are sticking in the top 100 on cmc too that is extra advertising. Top 50 will be even better. There are some that only look at top 20 coins to hold long term. We will get there eventually.
January 19, 2017, 02:43:25 AM
I do agree. Let's make a parallel: we should all know that TCP/IP and SMTP, only to name a few, suck. But they got mass adoption and now they are simply not replaceable.
The same goes, IMHO, for crypto projects. I've seen many good projects die young and many good devs abandoning their "dreams" because there was no cash flow.
This is why I admire David and I'm so happy to see this nice spike up in the price lately!
And, last but not least, the peg should be put in place when the coin reaches a good value. Again, IMHO, bay should be top 10 with 5000 sat per bay. But that is my view.
The same goes, IMHO, for crypto projects. I've seen many good projects die young and many good devs abandoning their "dreams" because there was no cash flow.
This is why I admire David and I'm so happy to see this nice spike up in the price lately!
And, last but not least, the peg should be put in place when the coin reaches a good value. Again, IMHO, bay should be top 10 with 5000 sat per bay. But that is my view.
January 18, 2017, 04:33:38 PM
Well honestly this coin should be higher without the peg. The pegging only makes the strength of the coin more dramatic.
The thing about sys and other projects is I respect any dev that does hard work and builds out their coin or software (Halo is software and not a coin). I think there is something to be said about spending time on open source software especially when there is no cash flow. Although some projects may be objectively/subjectively better than others, the devs that stand by their project and build it out as promised are okay in my book. Imagine how many devs start a project and leave it when it becomes less profitable.
The thing about sys and other projects is I respect any dev that does hard work and builds out their coin or software (Halo is software and not a coin). I think there is something to be said about spending time on open source software especially when there is no cash flow. Although some projects may be objectively/subjectively better than others, the devs that stand by their project and build it out as promised are okay in my book. Imagine how many devs start a project and leave it when it becomes less profitable.
January 18, 2017, 10:07:09 AM
i would think a fair guess would be just above siscoins price which is around $5m
yeah I would expect upon pegging starting that could be about right...
however even that coin is seriously undervalued too, although of course bay to me is superior to sys in many ways. That is my opinion although do like the sys dev after accidentally calling him a spammer and copy cat before on this thread. I had no knowledge that their project was as old as bay. He seems quite an okay person with rapid coding skills he also speaks highly of david which is another classy aspect about him which I can appreciate and have since opened up a small space for some sys in my collection. I think fair value for that is 10M + hopefully it will realise this before our peg. I mean that price can be justified since why it is not worth at the least the same? then we all just need to work on adoption.
I would think sys should be top 10 and bay should be top 5 if both projects reached completion. Of course there is strong competition at those levels so that may be seen as pipe dream by some.
January 18, 2017, 10:05:09 AM
can someone help me with buying the coins? on win10 (at least on my pc) clients gui is broken, i did get qt wallet to work on linux (didnt try on win10) but im not sure how to buy coins (i've heard u can buy them with paypal?).
Tnx for the help!
Tnx for the help!
We would be glad to help you get the Client installed and buy some coins using PayPal. The easiest way to to come join us in BitBay Slack. Take a look for Craig
(cr197) once you get there. He is the man with the actual BitBay for PayPal contract active on the client, and he is brilliant at getting it set up and explaining how it works. There are others on there who can help as well, including me.
BitBay Slack - http://bitbay.market/wp-login.php?action=slack-invitation
January 18, 2017, 10:02:36 AM
can someone help me with buying the coins? on win10 (at least on my pc) clients gui is broken, i did get qt wallet to work on linux (didnt try on win10) but im not sure how to buy coins (i've heard u can buy them with paypal?).
Tnx for the help!
Tnx for the help!
You need client to be able to buy Bay directly
Yu say UI is broken? What exactly is the problem? Me and many others are running it with no problem on win 10
January 18, 2017, 09:54:40 AM
can someone help me with buying the coins? on win10 (at least on my pc) clients gui is broken, i did get qt wallet to work on linux (didnt try on win10) but im not sure how to buy coins (i've heard u can buy them with paypal?).
Tnx for the help!
Tnx for the help!
January 18, 2017, 07:45:36 AM
Don't forget Ripple has over 36 billion coins and is centralized.
If you compared to them based on coins - that's .000288 btc per Bay
If you compared to them based on coins - that's .000288 btc per Bay
January 18, 2017, 07:36:52 AM
i would think a fair guess would be just above siscoins price which is around $5m
January 17, 2017, 04:07:52 PM
Do you have a price already determined for when the peg happens?
No.
The price has to start out close to market price. The problem is that no one knows the correct market price because Bay price has been supressed by dumps for two years.
The dumper(s) just ran out, so the market will need a little time to find the right price
January 17, 2017, 03:41:29 PM
The tech can't be ignored! When venture capitalists, investment angels, multi-national companies start to dip their toes into crypto where do you think they will look at investing? A project that has made lots and lots of promises that hasn't actual done anything? A project that is a clone of another coin but has a jazzy logo and website? Or a project with groundbreaking software and coding that has never been seen before and can't be replicated!?
David continues to deliver on his promises and what that guy has created in 4-5 years is amazing! Bitmessenger, NightTrader, Bithalo, 1st true decentralised markets, 1st double deposit trustless escrow contacts just to name a few and soon the 1st ever rolling peg. All remember can't be replicated without Davids approval! Bitbay are years ahead of the competition and if people don't want to be apart of this journey more fool them!
David continues to deliver on his promises and what that guy has created in 4-5 years is amazing! Bitmessenger, NightTrader, Bithalo, 1st true decentralised markets, 1st double deposit trustless escrow contacts just to name a few and soon the 1st ever rolling peg. All remember can't be replicated without Davids approval! Bitbay are years ahead of the competition and if people don't want to be apart of this journey more fool them!
January 17, 2017, 02:33:06 PM
Do you have a price already determined for when the peg happens?
January 17, 2017, 01:57:05 PM
yes scavengers and wizards are everywhere here. I personally think that if bay keeps the promise it could be a leading project in the crypto world.
If it was not for its sad ICO history (which marked the project negatively) bay could be very well into the top ten
It will eventually reach it though, I hope
If it was not for its sad ICO history (which marked the project negatively) bay could be very well into the top ten
It will eventually reach it though, I hope
January 17, 2017, 09:14:07 AM
@Cryptohunter
Great!
So you thought the tutorials were a success?
Did you learn anything in the process?
I think we just confirmed that the a blockchain synced data folder is now working smoothly with the client.
So that means I can finally finish the gapped video #4 for downloading a blochain file for quick sync.
I can't wait to have David's anti-keylogger included in the next update.
BitBay will have the highest level of security of any coin bar none.
Some people claim quantum computers will be a problem for bitcoin in the future.
Yet studies are already coming out that quantum won't be a problem.
http://www.altcointoday.com/bitcoin-can-withstand-quantum-computer-attacks/
Yet with 2 private keys in BitBay, I'd hope they'd have to do twice the computational processing to hack it.
Great!
So you thought the tutorials were a success?
Did you learn anything in the process?
I think we just confirmed that the a blockchain synced data folder is now working smoothly with the client.
So that means I can finally finish the gapped video #4 for downloading a blochain file for quick sync.
I can't wait to have David's anti-keylogger included in the next update.
BitBay will have the highest level of security of any coin bar none.
Some people claim quantum computers will be a problem for bitcoin in the future.
Yet studies are already coming out that quantum won't be a problem.
http://www.altcointoday.com/bitcoin-can-withstand-quantum-computer-attacks/
Yet with 2 private keys in BitBay, I'd hope they'd have to do twice the computational processing to hack it.
They are excellent. I have watched a few of them now and have learned quite a bit about the market place and what is possible.
I forwarded them to my cousin who was interested and he comes back showing me stuff I wasn't exactly sure on before too.
Yes the videos are essential really to new users. It is powerful software and has a lot of variables.
I see now a few other people talking about pegs and stabalisation of value for upcoming projects. I really hope another project is not going to copy bays ideas and finish this before us. Scavengers the lot of them
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