Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 227. (Read 542225 times)

Right! Your percentage of ownership of the entire pie remains the same - you would be decreasing the size of the entire pie - creating scarcity - and hopefully leading to higher prices.

Everyone's share is evenly reduced according to their percentage, resulting in no gain or loss, as the basis is also reduced in proportion to the sale price.

If that helps even more Rome wasn't built in a day and all good things come to those who wait. I've been waiting for Bitcoin to go up again and I will certainly do it for BitBay especially if that is run by you.

Thanks everyone, I'm not going to rush and honestly it helps keep me calm hearing you guys say that.

I'm releasing an update in a matter of days. Just testing it and patching a couple more things.

Yes, please take your time and make it 100%.

Do all it needs to be done, no need to rush. The more stability the better and community/interest is building. FUD will come also but I think you have good bulletfroof vest just in case.
Keep it up

Take your time, no hurry here. Been waiting since the ICO, no point pushing it until your 100% happy with the code.

Yeah I realize what you were saying. I say just wait for the rolling peg. It will be soon enough.

Reducing THE coin supply would not reduce YOUR coin supply. The less coins available, the more each is worth.

Wait till you see the main update around the end of the year!
The client will have around 10 tutorial youtube videos built into the client's video library!
I still have about 4 - 5 more to do.

Great work on this coin ! Glad I invested 

Itching to buy more...

Ha I agree with you for the mass market we are aiming for 1billion will be hardly enough unless you like using decimals for each transaction. 100billion would be more suitable.

However it wouldnt affect your stake % in bitbay which ever way

Absolutely not lol who would accept reducing their coin supply anyway RJF? I wouldn't. I only have a few million locked away but that is not getting fondled with.

Thanks for being patient. It takes time to code something like this. The software has undergone many transitions. I'm pushing out an update in a day or two, just testing it now. It won't have the settings tab, its a stability update for the article we have written. Then settings menu will come right after that. Then the next couple templates.

You could start a new altcoins thread titled "An interview with the next Bill Gates" or something. It will draw people's attention to it for sure.  1000's read the threads daily so worth posting it all as one article in my opinion

thats really cool cointelegraph should really pick this project up too....the peg should generate a lot of interest.

Well done David! Your honesty and your true hard work will be recognized at last! I invested in Bay long ago during the BTER Ico and I've never sold those coins. I'm very much glad I resisted.
Thanks

I will be publishing on Medium and Steem.  I will be generating interest using various Slack, Reddit, and Bitcointalk threads.  I could really use everyone's help here though... If you have Twitter or are on Facebook, posting a link where others in the Crypto community will see it will be the best way to get the word out.

In addition, I am attempting to find a Crypto News site interested in picking it up.  If you know someone on a site such as BraveNewCoin, get me in touch with them and I will send them the article.

Looks great where is the interview going to be published?

The Interview is ready.  It is long with a great deal of information I am looking forward to sharing with everyone.

David and I are coordinating the interview's release with updates he is deploying in the next week or so.  We are betting his current progress combined with some publicity from the interview will convince investors to check out BAY more closely.

Here is an excerpt from the finished article...


CCN – Can you walk me through your vision for BitBay?

David Z. – I was on the team when BitBay still consisted mostly of undeveloped ideas.  I was already working on decentralized markets with BitHalo, and the guys who brought me in just had a coin and a marketing plan.  The original idea for BitBay was an international market, much like EBay.  Unlike EBay though, BAY could be used to exchange anything, including the purchase of good and services, negotiating contracts, employment, and even in bartering.  Also, unlike EBay, there are no fees.  Perhaps most importantly, BitBay will be developed as a secure way for two entities to make any kind of unbreakable contract without the need for anyone else to be involved… no arbiters… no middle-man.  This unbreakable contract technology was already a feature I built into BitHalo the year before.  I was able to simply integrate it into BitBay.

Got it, just realized that after you answered. Sorry, early morning here...    In fact, I kinda realized it as I was typing the question, went back and edited it then, saw your reply. I really should'nt post anything until at least the first cup of cffee.. Duh