Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 251. (Read 542115 times)

Why don't you investors that have been waiting for years help both David and yourself?
Buy wall doesn't solve much. But spreading the word, translating, and all those other tedious tasks that need to be done, now that would help us all.

And this project has developed a lot since day 1. Test the client, and you will see for yourself.

Will we ever see 300 sat again david?
 
 
 
Why cant you use some of your btc you got from the ico to put up a buy wall and help us investors who have been waiting years for you to do something. YEARS and still this project is no further today then it was on day 1.

So David...

Once the BitBay client is set up to stake.

We can then also remind the exchanges that they could essentially create futures contracts.
So lets say a coin holder deposits his Bays onto an exchange like bittrex or c-cex (screw the thieves @ bter).
The exchange could then create different options for the trader to hold coins.
They could ask that the investor to lock their Bays in the exchange for: 1 week, 2 week, 1 month, 2 month, etc.
These coins would be locked in their possession for the allotted time frame. The exchange would have 2 keys protecting the accounts.
These locked coins would be merged into a larger groups of coins. The coin holders would gain incentives with these options because the grouped coins would have more stake reward potential.
They could post these 'futures' contracts on their websites. Traders could tally the info thus creating speculation on price swings upon contracts fulfilling. The speculation would come from the option given to contract holders to either renew the contract or close out and recover stake reward.
This speculation would cause investors to gamble on price during times of contract renewals. They might try to sell off before the 1 month contracts reach fulfillment thinking that the contract holders will be closing out and thus increasing liquidation on the market. Yet that's where the trickery comes into play. If the contract holders don't close out and renew instead, then speculators just sold at a potential loss and not a premium! The exchanges could also give contract holder renewals incentives. For example, if John enters a 1 month contract, upon fulfillment, he renews and earns an extra .5% earnings on the stake reward total. If he renews again add more, etc.

I know this influences people to leave their coins on a middleman exchange, yet with multisig technology. There should be a way to do this with minimal risk

Thoughts?  

It's not great when people lose patience and leave. Then again it is an opportunity to scoop up more bay. I'm always grabbing up a few more as and where I can.

Who's this guy?? Has he ever been on here? He talks about the community not Been  big, yet he was unwilling to do anything or even come on here and comment! Good luck with your Trumpcoin' investment! I hear flappycoin is Gona make a comeback, why not buy that!?

Yep sad to see you go. However, was a nice parting compliment to david and the team. Good luck.

I personally think by the end of the year you should check back in and take a look where bay is then.

I'm sorry to see you leave although I do understand that it is frustrating to wait for so long.
You are right about the team being small and David is our only dev. On the other hand, he is probably the most efficient dev in crypto. Most big dev teams have not been able to deliver a fraction of what David has coded all by himself.
I agree things move fast in crypto. To fast! Everyone seems to forget that we are working on software that is designed to handle peoples money. Thorough testing is a must, and can't be skipped or rushed. I tested the release version of the wallet from a competing coin, and immediately got my coins locked. Now we have the DAO situation. It's a good thing we have this sandbox we call the crypto community that allows experimentation and mishaps like that, but incidents like that are totally unacceptable when we want ordinary people to use it. There would be so many law suits, there would be no time for development anymore. We had the win version of our client in beta for more than a year, and I'm glad we did. We found the last bugs only weeks before we released the official release version. It is now rock solid. Mac and linux will stay in beta for a while to make sure there are no OS specific bugs. And when I talk about bugs I don't just mean obvious bugs. Considering that ordinary non tech people are supposed to use this, we have to treat every problem that users can create as a bug, or at the very least give them a warning when they do something that might lead them into trouble. Like not using default install path. There is no way to rush this, so when you say better innovation is coming from other directions I disagree. Ideas come cheap. Anyone can make a roadmap with some fancy innovations. But actually making the software, and then doing the tedious work of finding and removing bugs -that is a whole different beast. To my knowledge our client is the most advanced wallet in existence today, and so far we have only made the fundament. Now we will begin to roll out the exiting stuff...

David is a great guy but he is just 1 guy to make a stand.
There are others who help him above average (you know who you are), but the way things are going makes it hard for Bay.
Yes it's a legit coin
Yes it's got some great team members
Yes it's got potential but in crypto times goes fast and without a stable client, after 1.5 year it's time for me to bail out. There are many, not just 1, alternatives today.  Which got bigger teams, better marketing and          eventually pegging.

No, I don't think it's over but i do see from other directions there is better innovation. Bay isn't the frontrunner anymore.

Good luck to David. I am happy  to see what passion and heart can do. And you David got a lot of both.

more discussions on the main board
more things or coins for sale on the market place
maybe we could code out some bots or something to use the market place for even more advanced use
we need to encourage people to try out the marketplace for themselves some how.

Thanks for the advice, yeah I agree. Its just hard to hype while coding and also taking care of my personal business. A bit overwhelming. We should come up with a better marketing strategy, I could really use help in that department.

Hey Ruzka...join bitbay slack to share your ideas

You see the awesome work you are doing and the sweet and clean client, new updates in a week and nobody knows what is coming up except this thread!? You may not like it but the projects that thrive create hype for their updates and so they should, these updates especially. You have leader advantage so you really need to make the most of that David. I would hate to see this not take off and it would not be because of lack of development. Take sys for instance new development is known all over the exchanges and in the process create new followers and nice volume which attracts more. Good luck, hit me with a pm and maybe I can throw some ideas at ya.

Thanks for sharing the link,it s a great interview and David just rocks,very glad that still keeping my Bays.

Have a great weekend.

interesting! 

Are you having problems loading the website up?

Its amazing to see bitbay still rolling.  I may have to buy some bays now.  Keep it up devs.

Thanks and yes it certainly is. Thanks to all the testers we were able to greatly improve the client. Its getting pretty ironclad. Most bugs ironed out. Currently I'm working on some font and spacing issues. Its coming along nicely. Should push out a new update soon. Within a week.

Forgot to ask, is this site being updated?  http://bitbay.market/

Glad to see the project is coming along, haven't been here in quite some time but always had faith in David. Go BitBay!

 

I agree on that, it will probably get more volume after pegging imho