Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 219. (Read 542140 times)
January 05, 2017, 04:21:05 PM
Also I just googled Bibay and the first page is all positive! as it should be
January 05, 2017, 04:17:32 PM
Who is selling at 73 sats? madness 
Somebody who needs money. There is no support for this coin, if I wanted out I'd have to crash the price to a few satoshi.
This guy has been badmouthing Bitbay from his 1st post - just a troll - added to my ignore list
January 05, 2017, 02:18:13 PM
I think it won't be long before we are discovered. If big money arrives they will do some real research before choosing their investment vehicles.
That may well be but i have my doubts, there seems to be no networking here and what do i get when i type in bitbay to google? you think they will hang around after a small read? i think not.
A small read is no good. Do your research and you will find there is no reason to treat bitbay as a pariah. Sure we as a project got scammed at the start by others. There is no reason to treat victims as pariahs only criminals like the scammers that stripped the project of its dev and marketing funds.
This specifically I cannot agree with more. It is almost human nature to blame victims as "might makes right" seems to be peoples attitude towards all things. Since liars have the advantage, they usually prevail especially since propaganda is not illegal and hard to take action against even when legal action is potentially possible it is completely unfeasible. The entire PURPOSE of Halos double deposit is to obviate and in many cases eliminate the need for courts and the legal system all together. Unfortunately propaganda is a more complex problem which is why I've said many times before decentralizing the media is many times more important than decentralizing the money. However any serious investor is not so naive anymore and should research a project, more importantly download and test drive the product. Thats why we offer a fawcet in the client for testing contracts.
With that said, I think anyone here in crypto already knows this. Almost everyone with few exceptions knows this is a legitimate project because they can download the software and use it. Unlike 99% of projects we have hundreds of little features that are actively working. So Lituation for example is playing "devils advocate" and he knows it. The only thing standing in the way of Bitbays public acceptance is lack of marketing. And that is essentially a problem that can be solved. It is better to market with technology instead of marketing empty handed. Sure there is always the "get money first and code later" strategy but as most people who know about this project and Halo project they know that is not how we operate. If you want to follow a "market first code later" project then Ethereum is the best candidate for that. "Oh we have bugs, but who cares about our users if they lose money eq. DAO"
Also with BLK there is no reason for me not to support that project, its part of the Halo suite and has distinct features that Bitbay doesn't have. Or at least it used to with the multipool. The difference here is Bitbay I have control over the Github whereas any additions to BLK need to go through rat4. And they aren't a fan of pegging tools... but I'm not sure they fully realize the power of the tool being made here. And thats okay, no two coins are alike nor should they have to be. That is the beauty of crypto. That consumers will get options instead of being forced to use USD. And I guarantee you, once Bitcoin is mainstream people will care about features. They won't give a shit about a project that has a DOGE face or a stupid Trump meme. They will care about what the coin can do for them.
Yes! Exactly. Crypto is slowly moving away from hype toward utility and usability and BAY has a feature set that will be in demand. The past is the past, if you live there instead of the present, you will miss every great thing the happens in the crypto world. This won't be the first time someone dedicated and tenacious made something great out of the ashes of someone else's scam but, it will be the most profitable in spite of the haters...
David: Thank you for your continued dedication and hard work David. It won't be long now till it all pays of.
January 05, 2017, 08:07:05 AM
I think it won't be long before we are discovered. If big money arrives they will do some real research before choosing their investment vehicles.
That may well be but i have my doubts, there seems to be no networking here and what do i get when i type in bitbay to google? you think they will hang around after a small read? i think not.
A small read is no good. Do your research and you will find there is no reason to treat bitbay as a pariah. Sure we as a project got scammed at the start by others. There is no reason to treat victims as pariahs only criminals like the scammers that stripped the project of its dev and marketing funds.
This specifically I cannot agree with more. It is almost human nature to blame victims as "might makes right" seems to be peoples attitude towards all things. Since liars have the advantage, they usually prevail especially since propaganda is not illegal and hard to take action against even when legal action is potentially possible it is completely unfeasible. The entire PURPOSE of Halos double deposit is to obviate and in many cases eliminate the need for courts and the legal system all together. Unfortunately propaganda is a more complex problem which is why I've said many times before decentralizing the media is many times more important than decentralizing the money. However any serious investor is not so naive anymore and should research a project, more importantly download and test drive the product. Thats why we offer a fawcet in the client for testing contracts.
With that said, I think anyone here in crypto already knows this. Almost everyone with few exceptions knows this is a legitimate project because they can download the software and use it. Unlike 99% of projects we have hundreds of little features that are actively working. So Lituation for example is playing "devils advocate" and he knows it. The only thing standing in the way of Bitbays public acceptance is lack of marketing. And that is essentially a problem that can be solved. It is better to market with technology instead of marketing empty handed. Sure there is always the "get money first and code later" strategy but as most people who know about this project and Halo project they know that is not how we operate. If you want to follow a "market first code later" project then Ethereum is the best candidate for that. "Oh we have bugs, but who cares about our users if they lose money eq. DAO"
Also with BLK there is no reason for me not to support that project, its part of the Halo suite and has distinct features that Bitbay doesn't have. Or at least it used to with the multipool. The difference here is Bitbay I have control over the Github whereas any additions to BLK need to go through rat4. And they aren't a fan of pegging tools... but I'm not sure they fully realize the power of the tool being made here. And thats okay, no two coins are alike nor should they have to be. That is the beauty of crypto. That consumers will get options instead of being forced to use USD. And I guarantee you, once Bitcoin is mainstream people will care about features. They won't give a shit about a project that has a DOGE face or a stupid Trump meme. They will care about what the coin can do for them.
January 05, 2017, 07:39:09 AM
I think it won't be long before we are discovered. If big money arrives they will do some real research before choosing their investment vehicles.
That may well be but i have my doubts, there seems to be no networking here and what do i get when i type in bitbay to google? you think they will hang around after a small read? i think not.
A small read is no good. Do your research and you will find there is no reason to treat bitbay as a pariah. Sure we as a project got scammed at the start by others. There is no reason to treat victims as pariahs only criminals like the scammers that stripped the project of its dev and marketing funds.
You and many others have doubts fair enough these are justified so far. there is no network effect, the project is unfinished. Some say david should break all ties with bc and go 100 % bit bay since we are the only community to appreciate and support him. I listen to all these things but still I think this project has a great dev and is way too undervalued. I am sure once this takes off david will see bitbay was the right way to go and focus everything on this project. If it takes off he will be rewarded for his time and we will be rewarded for our risk and effort too.
Nothing is a sure thing in crypto. You pays your money you takes your choice. I choose bay along with only a few select other projects for the vast bulk of my crypto investment. Others can choose as they wish. Everyone should do their own indepth research.
If you can really find a better risk to reward ration project on this board please PM me I am not a closed minded zealot of any project but i think Bay is a great opportunity one of the best if not the best around. If you feel otherwise and have done your research then you could be correct who can say. Nobody knows for sure at this point who will be the winners in this sphere.
January 05, 2017, 07:31:36 AM
I think it won't be long before we are discovered. If big money arrives they will do some real research before choosing their investment vehicles.
That may well be but i have my doubts, there seems to be no networking here and what do i get when i type in bitbay to google? you think they will hang around after a small read? i think not.
January 05, 2017, 07:28:15 AM
I think it won't be long before we are discovered. If big money arrives they will do some real research before choosing their investment vehicles.
January 05, 2017, 07:20:53 AM
Who is selling at 73 sats? madness
It was probably a single investor. With all the new money coming in, I will be surprised if Bitbay doesn't at least double especially considering the updates we are about to release.
Devs shouldn't speculate on the price of their coin I'm just saying. When all updates are complete and depending on your marketing strategy it will more than double but for now there really is not much new money come into btc it is just the Chinese creating that illusion. You know all about them chinamen
January 05, 2017, 07:17:34 AM
Who is selling at 73 sats? madness
It was probably a single investor. With all the new money coming in, I will be surprised if Bitbay doesn't at least double especially considering the updates we are about to release.
Lol. The craziest thing IMO is the current BAY valuation. At 1M, the project is at least undervalued by 10x, prob more like 20x.
I like to think of any projects around 1M as being either hype driven, or tech driven. Obviously BAY is tech driven..
It's easier to bring in hype than tech, this will be a fun ride to top10 for sure 😀
Can't wait for the next update!
January 05, 2017, 01:07:00 AM
Who is selling at 73 sats? madness
It was probably a single investor. With all the new money coming in, I will be surprised if Bitbay doesn't at least double especially considering the updates we are about to release.
January 05, 2017, 12:46:36 AM
Who is selling at 73 sats? madness
I thought they were crazy just that they are more in need of BTC at the moment, but things are more crazy is that we should hold a great bag for bitbay when they become cheap price January 05, 2017, 12:43:03 AM
Who is selling at 73 sats? madness
Somebody who needs money. There is no support for this coin, if I wanted out I'd have to crash the price to a few satoshi.
January 04, 2017, 07:56:55 PM
Who is selling at 73 sats? madness
January 03, 2017, 11:09:34 AM
2017 will be a very exciting year for BitBay.
We will fork to POS3 in january, so check in often the next two weeks to keep updated.
The fork will lay the groundwork for cold staking, pegging, and more
Happy new year
Will it really have the chance after all the decentralized market being created these days, it seem like there are much competition going on. It will be good if bitbay will progress though. imagine how much profit will an investor get if he invest today because the price is cheap.
I think this will be the best of the lot. I only hope we can do it in time to make big waves in this area. Some others have big teams with a lot of funding. This is how it goes in life. Bitbay were the first to start with this idea. Others came along and pounced on it and tried to copy it. Hopefully though soon this project will start to come all together and proving all of us correct is sticking with this and david will get the recognition he deserves for coding out and designing this masterpiece.
I will never sell until any at all until we are top 10 at the least.
When moving to pos3 will there a coin swap. Would we not be better waiting until black has it's next big update? I heard they are making some big updates very soon to the codebase?
Ok, cheers david. That's handy to know.
January 02, 2017, 05:49:32 PM
2017 will be a very exciting year for BitBay.
We will fork to POS3 in january, so check in often the next two weeks to keep updated.
The fork will lay the groundwork for cold staking, pegging, and more
Happy new year
Will it really have the chance after all the decentralized market being created these days, it seem like there are much competition going on. It will be good if bitbay will progress though. imagine how much profit will an investor get if he invest today because the price is cheap.
I think this will be the best of the lot. I only hope we can do it in time to make big waves in this area. Some others have big teams with a lot of funding. This is how it goes in life. Bitbay were the first to start with this idea. Others came along and pounced on it and tried to copy it. Hopefully though soon this project will start to come all together and proving all of us correct is sticking with this and david will get the recognition he deserves for coding out and designing this masterpiece.
I will never sell until any at all until we are top 10 at the least.
When moving to pos3 will there a coin swap. Would we not be better waiting until black has it's next big update? I heard they are making some big updates very soon to the codebase?
January 02, 2017, 12:14:40 PM
2017 will be a very exciting year for BitBay.
We will fork to POS3 in january, so check in often the next two weeks to keep updated.
The fork will lay the groundwork for cold staking, pegging, and more
Happy new year
Will it really have the chance after all the decentralized market being created these days, it seem like there are much competition going on. It will be good if bitbay will progress though. imagine how much profit will an investor get if he invest today because the price is cheap.
Yeah however our decentralized market is peer to peer, the others bloat the blockchain. And Bitbay has double deposit escrow 2 party escrow (unbreakable contracts), which is only found in Halo products. No other coin in the world has a smart contracting platform that actually has a UI and works. We are probably years ahead of the competition.
Then why does nobody pay attention to this project? Seems strange to me...
Good question and I'm glad you asked. Bitbay hasn't yet spent any money on advertising. David and the community want a product to advertise, rather than promises like 99% of other altcoins (ether being the prime example) once the new year is over and the decentralised market is up and running with all the features such as stacking and pay via email etc then focus will be on advertising and spreading the word in what has been created! We have achieved a $1m marketcap just by word of mouth!!
The famous saying is "If you build it they will come"
We are at the early stages of crypto still where people want to make a quick profit in a few days and not do any research into what they are buying. When the people that really count start investing into crypto (billion dollar companies) they will look at actual product and the technology! What has been created and not what is 'promised'.
Also as David has said above he is the creator of Halo! So in theory he owns the copyright to it. Nobody can copy it or replicate it without his approval. He owns that technology!!
It sounds like you don't know how to advertise or want big money to me. You make promises you know you can keep that equals hype and then more people are hyping and waiting for the release of said hype development tool. (FREE ADVERTISING) and may I add, the best! You guys have a good product but it won't go anywhere now you mark my words, you have no strategy, you think you do but you don't, you think you and master david know all. BUT YOU DON'T. Example, ether got places and was seen around the world because it was able to hype vapour, now think if you didnt think you know everything Bitbay could be world wide and worth a fortune even at this stage and then what advertisement you think you could top up the already great shit you had going on? Sorry but ya'll amateurs. I am available for strategy at the right price.
Wow! Your available? I bet you are... Have a Happy New Year (somewhere else)
January 02, 2017, 06:32:04 AM
still pretty rock solid in the face of BTC bull
People are buying a holding. This is a good sign.
People are buying a holding. This is a good sign.
January 01, 2017, 09:45:20 AM
Merry xmas and happy newyears david and the team! From syscoin
Thank you happy new year to you too! :-)
December 31, 2016, 07:28:37 PM
Merry xmas and happy newyears david and the team! From syscoin
Thanks Sid and good luck with your project! And also thanks to everyone on the forum, we are making tons of progress I expect 2017 to be our year.
December 31, 2016, 04:33:48 PM
2017 will be a very exciting year for BitBay.
We will fork to POS3 in january, so check in often the next two weeks to keep updated.
The fork will lay the groundwork for cold staking, pegging, and more
Happy new year
I think 2017 will also be an exciting year for BitBay and I'll be sure to check in more often here to keep updated on what is going on with the coin. And right now the coin is cheap so any new investor can afford to get in and own some BitBay coins.
Happy New Year everyone!
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