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Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 245. (Read 542151 times)

legendary
Activity: 2412
Merit: 1044
Yeah it's crazy. Okay well so I will mention pegging but not go into much detail.
hero member
Activity: 661
Merit: 504
Our seednodes are down for some reason. If you have trouble connecting add the following in your conf file:
addnode=159.203.184.167
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I have been into Bay for long as I like to be into coins with superior tech. Also, agree that Eth is crap. There are many coins with superior tech that aren't doing as well as they should but I think you may be focusing too much on bashing other coins such as Eth. I see the same being done by Vcash dev. That doesn't help your coin.

What you are lacking is partnerships, marketing people and investors. Good tech alone won't help you go too far as we have seen with many coins before. The big shitcoin devs have people going into various conferences around the world and talking to people, forging partnerships and making deals. You are not doing any of that. That is why Bitbay isn't going much higher. Maybe you can't afford to go to conferences, but you can enter into partnerships.

Partnerships - Are there any authority people out there who would appreciate high end decentralized tech? You should do a video chat with them. Build the word slowly with the people who like this stuff. If they like it, they will talk about it in front of their audiences. These are the people looking for interesting content to share or they simply talk about you out of pure passion. You may consider doing interviews with anarchic talk shows, for example.

Marketing led by people - start a referral program where people can get paid in a decentralized way to promote various aspects of Bitbay such as getting new vendors and buyers. Website owners can then put up ads, tutorials, coupons of listings on the bitbay network and get paid in a decentralized way.

Private group of investors - they aren't in for the passion alone. They want to make a profit. Consider the siafund method. A second chain or maybe a token (bayfunds) built on top of another chain which gets X% of the bitbay network fees as taxes. Your investors can own the bayfunds. Now they have an incentive to promote bitbay and increase bitbay network activity.



Thanks, this is actually really good advice. I used to go to conferences and promote but git burned out because it distracted from coding. But I think it needs to be done more. Booths are expensive about 1-3k. I've got some people interested in partnerships but they just want the tech for a joint project. There is no way I can start new projects until this is done. But outreach to others I'm almost certain I can find an interview on anarchast or something similar. I had an interview on "pirate radio" which was at least a solid hour of talking. It was well received.

From a marketing angle, this question has been mentioned multiple times. We are going to hire a PR place to do articles. These will be Bitbay exclusive. The whole cost is a few Bitcoins and we will get a press release in at least 20 publications, I think it might be even more. Will check.

The question remains how much should we talk about rolling pegs. When we want to keep it confidential but also need a bigger community.

Let's not talk about it too much we have so many other amazing features. Let's save talking about the rolling peg until it's complete.

Just spark up some bay chats on the main forum. I'm always mentioning it where it is not spamming and is relevant to conversations taking place there.

I see sys are on the main forum talking about their new pruning feature. Which is great but still no chance sys is nearly 10x bay value. It's crazy.
legendary
Activity: 2412
Merit: 1044
Why don't  you get in touch with Ronnie at CCDEK (obits, btsr). and become part of their ICCO monthly venture. They have their own ad company and blockpay and bitland just used them.  You deal with coding and they will deal with promotion.  I don't get any benefit from this other than I invest on Openledger and I also happen to own a small amount of Bitbay on BTER.
Okay, thanks for the advice.

Also anyone who has trouble connecting to sync, I have a peers.dat file with lots of nodes in it, just let me know (i noticed some seed nodes were down)
newbie
Activity: 22
Merit: 0
Why don't  you get in touch with Ronnie at CCDEK (obits, btsr). and become part of their ICCO monthly venture. They have their own ad company and blockpay and bitland just used them.  You deal with coding and they will deal with promotion.  I don't get any benefit from this other than I invest on Openledger and I also happen to own a small amount of Bitbay on BTER.
legendary
Activity: 2412
Merit: 1044
I have been into Bay for long as I like to be into coins with superior tech. Also, agree that Eth is crap. There are many coins with superior tech that aren't doing as well as they should but I think you may be focusing too much on bashing other coins such as Eth. I see the same being done by Vcash dev. That doesn't help your coin.

What you are lacking is partnerships, marketing people and investors. Good tech alone won't help you go too far as we have seen with many coins before. The big shitcoin devs have people going into various conferences around the world and talking to people, forging partnerships and making deals. You are not doing any of that. That is why Bitbay isn't going much higher. Maybe you can't afford to go to conferences, but you can enter into partnerships.

Partnerships - Are there any authority people out there who would appreciate high end decentralized tech? You should do a video chat with them. Build the word slowly with the people who like this stuff. If they like it, they will talk about it in front of their audiences. These are the people looking for interesting content to share or they simply talk about you out of pure passion. You may consider doing interviews with anarchic talk shows, for example.

Marketing led by people - start a referral program where people can get paid in a decentralized way to promote various aspects of Bitbay such as getting new vendors and buyers. Website owners can then put up ads, tutorials, coupons of listings on the bitbay network and get paid in a decentralized way.

Private group of investors - they aren't in for the passion alone. They want to make a profit. Consider the siafund method. A second chain or maybe a token (bayfunds) built on top of another chain which gets X% of the bitbay network fees as taxes. Your investors can own the bayfunds. Now they have an incentive to promote bitbay and increase bitbay network activity.



Thanks, this is actually really good advice. I used to go to conferences and promote but git burned out because it distracted from coding. But I think it needs to be done more. Booths are expensive about 1-3k. I've got some people interested in partnerships but they just want the tech for a joint project. There is no way I can start new projects until this is done. But outreach to others I'm almost certain I can find an interview on anarchast or something similar. I had an interview on "pirate radio" which was at least a solid hour of talking. It was well received.

From a marketing angle, this question has been mentioned multiple times. We are going to hire a PR place to do articles. These will be Bitbay exclusive. The whole cost is a few Bitcoins and we will get a press release in at least 20 publications, I think it might be even more. Will check.

The question remains how much should we talk about rolling pegs. When we want to keep it confidential but also need a bigger community.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I have been into Bay for long as I like to be into coins with superior tech. Also, agree that Eth is crap. There are many coins with superior tech that aren't doing as well as they should but I think you may be focusing too much on bashing other coins such as Eth. I see the same being done by Vcash dev. That doesn't help your coin.

What you are lacking is partnerships, marketing people and investors. Good tech alone won't help you go too far as we have seen with many coins before. The big shitcoin devs have people going into various conferences around the world and talking to people, forging partnerships and making deals. You are not doing any of that. That is why Bitbay isn't going much higher. Maybe you can't afford to go to conferences, but you can enter into partnerships.

Partnerships - Are there any authority people out there who would appreciate high end decentralized tech? You should do a video chat with them. Build the word slowly with the people who like this stuff. If they like it, they will talk about it in front of their audiences. These are the people looking for interesting content to share or they simply talk about you out of pure passion. You may consider doing interviews with anarchic talk shows, for example.

Marketing led by people - start a referral program where people can get paid in a decentralized way to promote various aspects of Bitbay such as getting new vendors and buyers. Website owners can then put up ads, tutorials, coupons of listings on the bitbay network and get paid in a decentralized way.

Private group of investors - they aren't in for the passion alone. They want to make a profit. Consider the siafund method. A second chain or maybe a token (bayfunds) built on top of another chain which gets X% of the bitbay network fees as taxes. Your investors can own the bayfunds. Now they have an incentive to promote bitbay and increase bitbay network activity.



very very interesting points and ideas.

I think once the new templates are out and we make the market place as easy as possible to use then we should make our move in all of those areas.

I wonder if when the market place is up and going if we can get some kind of coupon thing going like ribbit rewards or coval.  I know this is partially covered by what was already mentioned above.
legendary
Activity: 1030
Merit: 1000
I have been into Bay for long as I like to be into coins with superior tech. Also, agree that Eth is crap. There are many coins with superior tech that aren't doing as well as they should but I think you may be focusing too much on bashing other coins such as Eth. I see the same being done by Vcash dev. That doesn't help your coin.

What you are lacking is partnerships, marketing people and investors. Good tech alone won't help you go too far as we have seen with many coins before. The big shitcoin devs have people going into various conferences around the world and talking to people, forging partnerships and making deals. You are not doing any of that. That is why Bitbay isn't going much higher. Maybe you can't afford to go to conferences, but you can enter into partnerships.

Partnerships - Are there any authority people out there who would appreciate high end decentralized tech? You should do a video chat with them. Build the word slowly with the people who like this stuff. If they like it, they will talk about it in front of their audiences. These are the people looking for interesting content to share or they simply talk about you out of pure passion. You may consider doing interviews with anarchic talk shows, for example.

Marketing led by people - start a referral program where people can get paid in a decentralized way to promote various aspects of Bitbay such as getting new vendors and buyers. Website owners can then put up ads, tutorials, coupons of listings on the bitbay network and get paid in a decentralized way.

Private group of investors - they aren't in for the passion alone. They want to make a profit. Consider the siafund method. A second chain or maybe a token (bayfunds) built on top of another chain which gets X% of the bitbay network fees as taxes. Your investors can own the bayfunds. Now they have an incentive to promote bitbay and increase bitbay network activity.

sr. member
Activity: 273
Merit: 250
The thing about Bay is that we need to hop on these fads and ride them. Right now it's anonymous tech. It looks like any anon coin is rising. Even real poor examples.

I think the issue is most people never hear about bay and there are 1000's of ann threads now. 80% of these coins will die out but by then 10x more will spring up only to die pretty soon after.

All we are lacking is attention really.

I think a 2nd big ICO with road map would have really brought in some new interest.

The bay market place is an amazing creation but we need to get people on it and using it somehow.

Well a 2nd ICO would get attention but it dilutes your holdings so that's not fair. Also, it's funny because some of the most random things pump. There isn't anything in crypto even close to BitBay. Most coins don't even have 1/20th the feature here.

So in reality it's totally ridiculous that this hasn't gone up significantly. I suppose it's a matter of visually showing people what this software can do. Screenshots, videos etc. Articles as well help and I'm looking into that.

The problem with too many articles is giving away trade secrets if pegging so there is a way to write about rolling pegs that won't give away too much? I dunno...

What BAY lacks is the whales and pumpers most new coins have. I would say it is not something it really needs either, if all goes as planned the currency should grow through the development.

BAY lacks marketing, there are completely useless coins out there that are much more known by public and traders.
bitbay is a usable product with working and valid features and people should learn about it to start using it

i don't know if there are any funds left for marketing, but after templates i would suggest to hire a small marketing team and give the right attention to the project before the peg
legendary
Activity: 1624
Merit: 1007
The thing about Bay is that we need to hop on these fads and ride them. Right now it's anonymous tech. It looks like any anon coin is rising. Even real poor examples.

I think the issue is most people never hear about bay and there are 1000's of ann threads now. 80% of these coins will die out but by then 10x more will spring up only to die pretty soon after.

All we are lacking is attention really.

I think a 2nd big ICO with road map would have really brought in some new interest.

The bay market place is an amazing creation but we need to get people on it and using it somehow.

Well a 2nd ICO would get attention but it dilutes your holdings so that's not fair. Also, it's funny because some of the most random things pump. There isn't anything in crypto even close to BitBay. Most coins don't even have 1/20th the feature here.

So in reality it's totally ridiculous that this hasn't gone up significantly. I suppose it's a matter of visually showing people what this software can do. Screenshots, videos etc. Articles as well help and I'm looking into that.

The problem with too many articles is giving away trade secrets if pegging so there is a way to write about rolling pegs that won't give away too much? I dunno...

What BAY lacks is the whales and pumpers most new coins have. I would say it is not something it really needs either, if all goes as planned the currency should grow through the development.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
The thing about Bay is that we need to hop on these fads and ride them. Right now it's anonymous tech. It looks like any anon coin is rising. Even real poor examples.

I think the issue is most people never hear about bay and there are 1000's of ann threads now. 80% of these coins will die out but by then 10x more will spring up only to die pretty soon after.

All we are lacking is attention really.

I think a 2nd big ICO with road map would have really brought in some new interest.

The bay market place is an amazing creation but we need to get people on it and using it somehow.

Well a 2nd ICO would get attention but it dilutes your holdings so that's not fair. Also, it's funny because some of the most random things pump. There isn't anything in crypto even close to BitBay. Most coins don't even have 1/20th the feature here.

So in reality it's totally ridiculous that this hasn't gone up significantly. I suppose it's a matter of visually showing people what this software can do. Screenshots, videos etc. Articles as well help and I'm looking into that.

The problem with too many articles is giving away trade secrets if pegging so there is a way to write about rolling pegs that won't give away too much? I dunno...

I certainly agree we should not give away any trade secrets...

More discussion of bay on the main board would and has helped in the past.

If bittrex or polo went down and bay could be used as easily as an automated decentralised exchange could be very interesting.
legendary
Activity: 2412
Merit: 1044
The thing about Bay is that we need to hop on these fads and ride them. Right now it's anonymous tech. It looks like any anon coin is rising. Even real poor examples.

I think the issue is most people never hear about bay and there are 1000's of ann threads now. 80% of these coins will die out but by then 10x more will spring up only to die pretty soon after.

All we are lacking is attention really.

I think a 2nd big ICO with road map would have really brought in some new interest.

The bay market place is an amazing creation but we need to get people on it and using it somehow.

Well a 2nd ICO would get attention but it dilutes your holdings so that's not fair. Also, it's funny because some of the most random things pump. There isn't anything in crypto even close to BitBay. Most coins don't even have 1/20th the feature here.

So in reality it's totally ridiculous that this hasn't gone up significantly. I suppose it's a matter of visually showing people what this software can do. Screenshots, videos etc. Articles as well help and I'm looking into that.

The problem with too many articles is giving away trade secrets if pegging so there is a way to write about rolling pegs that won't give away too much? I dunno...
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
The thing about Bay is that we need to hop on these fads and ride them. Right now it's anonymous tech. It looks like any anon coin is rising. Even real poor examples.

I think the issue is most people never hear about bay and there are 1000's of ann threads now. 80% of these coins will die out but by then 10x more will spring up only to die pretty soon after.

All we are lacking is attention really.

I think a 2nd big ICO with road map would have really brought in some new interest.

The bay market place is an amazing creation but we need to get people on it and using it somehow.
legendary
Activity: 2412
Merit: 1044


Quote

Then they audit the DAO, find a serious bug, and instead of TESTING the race to zero attack, they say "it's no big deal" and then allow the bug to happen. If that isn't an "inside job" then I don't know what is. They sold their coins pick them up for half and then dump again.


plus they who took a year to come out with their client by the next day of the DAO hack they had a soft fork and a hard fork ready for their loyal community to steal more money from them in the future .

Right and that makes you wonder if one of their guys was the hacker. Statiscially that's the most probable outcome. But still one does not need to look far into ETH to see avarice. The question remains of which members of their team are honest. I'm sure they have good coders but at the end of the day the fork totally harms the public. Now when someone comes in to buy and they hardly know Bitcoin they will ask "Wait should I buy ETH or ETC?".
newbie
Activity: 62
Merit: 0


Quote

Then they audit the DAO, find a serious bug, and instead of TESTING the race to zero attack, they say "it's no big deal" and then allow the bug to happen. If that isn't an "inside job" then I don't know what is. They sold their coins pick them up for half and then dump again.


plus they who took a year to come out with their client by the next day of the DAO hack they had a soft fork and a hard fork ready for their loyal community to steal more money from them in the future .
legendary
Activity: 2412
Merit: 1044
I've tried to read some of the posts, I can see that the developers are devoted to this project and are very keen on making it successful but one thing I noted here is that you guys don't talk about the marketing side of it, no matter how solid a project is if nobody is out there to use it the effort invested into it will not be rewarded. I read a post that the developer of Bitbay developed smart contract ahead of Ethereum but to me Ethereum guys get this right because they got marketing/publicity side of their project right and they become successful. I have no doubt there is a market gap for Bitbay to fill but we need to understand that marketing a product is a important as developing it if not more important.

I don't agree Etherum got it right unless you'r talking about p&d or devs getting rich. We are all working on software that is supposed to handle peoples money. That means we have to get it right first, and then market it. The damage that Eth has done to itself will be very hard to fix. Whales keeping Eth price at artificial high level after disaster only has effect amongst traders hoping to get rich. It has no relevance for adoption amongst ordinary people and businesses, and I can't see why they would use a coin with a dev team that is so reckless.
That said, I totally agree marketing is just as (or more) important as developing. We even have a marketing tool built into our client, the pay to mail feature.

True I actually agree with everything you say here. It was extremely irresponsible to investors what they did with DAO and did with pumping.

We are doing it the right way, less volume now, we market a completed product that we test and can be proud of.

However from a greed perspective ETH did everything to try and be a media darling and shake investors for money. Market first code later.

It's a matter of principal. And we still have tons of room to market and grow.

I disagree with you that Ethereum is a pump and dump coin, a pump and dump coin will not still have a strong community behind it after hack, don't let us deceive ourselves, the cryptoworld is a world of unknown to all of us, an experiment, we stumble, learn and rise even bitcoin was once $1000 and later dropped to $200+ range. Can you categorically say that Monero is a pump and dump coin, because of the recent rally in price. I believe investors in BitBay will not mind pump in their token price to $1. People do not invest in project because of strong code, they do because of the profit potential.

Well actually the rise in Monero was because of pumpers. I'm sure if we asked around we could even figure out who pumped it. We can prove price doesnt rise because of tech based on the fact that Blackcoin had contracts years before ETH and Bitbay had markets yeahs before OB. We have the best tech here. The current price of Bitbay is almost an insult lol.

Ethereum may not be pumpers they might be theives. The DAO was completely wrong. ETH raised 20 million to code their client. They had no product was vaporware for a year and then they release buggy product with serious security holes and absolutely no user interface. Months later the UI was a joke.

Then by Vitaliks own admission, they dumped their premined coins on the market.

Then instead of coding, they try to be media darlings hyping up their product which bloats the blockchain with no prospective resolution. Plus, they overblow what contracts can do unlike DDE which has many real world applications. Of course DDE is only one type of contract but it's the most important.

Then they involve themselves in another crowdfund(when they should have been coding) which they didn't market and somehow got 100 million. It was obvious they bought their own DAO and refunded themselves (no different from our scandal but times 100)... so like 20 plus million wasn't enough for these greedy fellows they wanted more. If I had 40 mil I could build a frikkin UFO lol.

Then they audit the DAO, find a serious bug, and instead of TESTING the race to zero attack, they say "it's no big deal" and then allow the bug to happen. If that isn't an "inside job" then I don't know what is. They sold their coins pick them up for half and then dump again.

Then they violate all principalities and ethics of blockchain and reverse the transaction... causing a fork, screwing the community, and most importantly not taking responsibility for their actions.

I like Vitalik from our conversations and I hope he is innocent pawn. But the Ethereum team as a whole are theives... or at best completely irresponsible.
hero member
Activity: 1876
Merit: 512
I've tried to read some of the posts, I can see that the developers are devoted to this project and are very keen on making it successful but one thing I noted here is that you guys don't talk about the marketing side of it, no matter how solid a project is if nobody is out there to use it the effort invested into it will not be rewarded. I read a post that the developer of Bitbay developed smart contract ahead of Ethereum but to me Ethereum guys get this right because they got marketing/publicity side of their project right and they become successful. I have no doubt there is a market gap for Bitbay to fill but we need to understand that marketing a product is a important as developing it if not more important.

I don't agree Etherum got it right unless you'r talking about p&d or devs getting rich. We are all working on software that is supposed to handle peoples money. That means we have to get it right first, and then market it. The damage that Eth has done to itself will be very hard to fix. Whales keeping Eth price at artificial high level after disaster only has effect amongst traders hoping to get rich. It has no relevance for adoption amongst ordinary people and businesses, and I can't see why they would use a coin with a dev team that is so reckless.
That said, I totally agree marketing is just as (or more) important as developing. We even have a marketing tool built into our client, the pay to mail feature.

True I actually agree with everything you say here. It was extremely irresponsible to investors what they did with DAO and did with pumping.

We are doing it the right way, less volume now, we market a completed product that we test and can be proud of.

However from a greed perspective ETH did everything to try and be a media darling and shake investors for money. Market first code later.

It's a matter of principal. And we still have tons of room to market and grow.

I disagree with you that Ethereum is a pump and dump coin, a pump and dump coin will not still have a strong community behind it after hack, don't let us deceive ourselves, the cryptoworld is a world of unknown to all of us, an experiment, we stumble, learn and rise even bitcoin was once $1000 and later dropped to $200+ range. Can you categorically say that Monero is a pump and dump coin, because of the recent rally in price. I believe investors in BitBay will not mind pump in their token price to $1. People do not invest in project because of strong code, they do because of the profit potential.
hero member
Activity: 661
Merit: 504
Thank you for your answers, everything is clear. Please protect your business from copycats. Patent/brand protection is equally important.

I'm all in. Congrats on this project and great work from your team!

The source code is protected. Someone that tried to reverse enginer it said Davids logic was even harder to figure out than the obfuscation  Cheesy
We should look into brand protection though
legendary
Activity: 2412
Merit: 1044
We added your cryptocurrency.
With respect, the development team of Crypto-trade.
Crypto-Trade – Official Announcement https://bitcointalksearch.org/topic/crypto-trade-official-announcement-10-fiat-365-crypto-5300-pairs-1604225

That's really nice of you guys thanks for the support
full member
Activity: 182
Merit: 100
We added your cryptocurrency.
With respect, the development team of Crypto-trade.
Crypto-Trade – Official Announcement https://bitcointalksearch.org/topic/crypto-trade-official-announcement-10-fiat-365-crypto-5300-pairs-1604225
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