BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 42.

freigeist

hero member

Activity: 1115

Merit: 535

Quote from: raisinbran on August 12, 2019, 09:53:59 PM

I would personally be interested in trading BTC for BAY.

Me too.
I have posted it here:
https://bitcointalksearch.org/topic/m.51865014

but so far no replies have been given.

raisinbran

jr. member

Activity: 64

Merit: 2

I would personally be interested in trading BTC for BAY.

raisinbran

jr. member

Activity: 64

Merit: 2

Maybe LAToken is flaky. Right now beggars can't be choosers. Transfer your BTC to LAToken, buy BAY, then immediately transfer them to your laptop.

Could somebody please provide "How to Buy BAY OTC for Dummies"?

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: raisinbran on August 12, 2019, 08:01:08 PM

Where can I buy BAY right now?

LAToken
Cointelligence (https://www.cointelligence.com/exchanges_list/latoken/) says LAToken has very low trust (1/10). Cointelligence also says the LAToken exchange could probably be easily hacked. BAY not currently listed. (https://coinmarketcap.com/exchanges/latoken/)

Chaoex
Centralized. BAY not currently listed. (https://coinmarketcap.com/exchanges/bitker/)

Bitker
BAY is not currently listed. (https://coinmarketcap.com/exchanges/bitker/)

Cryptobridge
Does not currently support BAY. (https://coinmarketcap.com/exchanges/cryptobridge/)

Nova
Cannot currently provide service to the US. (https://novaexchange.com/help/faq/)

Could this be the reason behind the price drop?

There may be a time where it's not listed until those deals finish. In the meantime best to buy OTC. Heck our software has a coins for cash template with double deposit escrow. However I think a veteran community member can also be worth buying OTC

I do get concerned with places like LAToken and we just have to hope coinintelligence is exaggerating. It would be unfortunate to see another OEX situation (although it really wouldn't surprise me). If that happens we might have to force double deposit for any future negotiations. Of course atomic trading is always on the table too. We always have options. Just will be a moment of patience until the listings are finalized.

raisinbran

jr. member

Activity: 64

Merit: 2

Where can I buy BAY right now?

LAToken
Cointelligence (https://www.cointelligence.com/exchanges_list/latoken/) says LAToken has very low trust (1/10). Cointelligence also says the LAToken exchange could probably be easily hacked. BAY not currently listed. (https://coinmarketcap.com/exchanges/latoken/)

Chaoex
Centralized. BAY not currently listed. (https://coinmarketcap.com/exchanges/bitker/)

Bitker
BAY is not currently listed. (https://coinmarketcap.com/exchanges/bitker/)

Cryptobridge
Does not currently support BAY. (https://coinmarketcap.com/exchanges/cryptobridge/)

Nova
Cannot currently provide service to the US. (https://novaexchange.com/help/faq/)

Could this be the reason behind the price drop?

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Pajulapoiss on August 08, 2019, 05:36:58 PM

Quote from: BitBayDoc on August 08, 2019, 05:35:34 PM

@Pajulapoiss
The Bit Bay Coin and Polish Exchange are not the same.
It's all been very confusing over the years.

Hopefully David and the team can make some kind of obvious differentiation between the two after the peg...
And hopefully this question gets the attention that a slight name change may need to happen to prevent this confusion in the future.
Thanks

Where Can i find more info about the peg you are talking about?

Well you can see our peg in action on testnet at dynamicpeg.com

It tracks around $15 even when we try to crash it, it will eventually find it's way back to that level.
Consider though that this does mean some of the users coins switch from BAY to BAYR in the process of deflation. If a user sells
all of their liquidity they are unable to negatively impact the market.

Also there is a lot of info on our site at bitbay.market

There is also a good pdf explainer we use to talk to exchanges here:
https://www.docdroid.net/st3eM7n/dynamic-peg-visual-technical-reference.pdf

tradersnow

jr. member

Activity: 90

Merit: 3

Quote from: Pajulapoiss on August 08, 2019, 05:36:58 PM

Quote from: BitBayDoc on August 08, 2019, 05:35:34 PM

@Pajulapoiss
The Bit Bay Coin and Polish Exchange are not the same.
It's all been very confusing over the years.

Hopefully David and the team can make some kind of obvious differentiation between the two after the peg...
And hopefully this question gets the attention that a slight name change may need to happen to prevent this confusion in the future.
Thanks

Where Can i find more info about the peg you are talking about?

Thanks for the interest in BitBay (BAY). It is one of the most underrated projects in crypto... for now. Wink

Here's some more info on the Dynamic Peg (will be going live here very soon):
https://bitbay.market/downloads/bitbay-dynamic-peg-intro.pdf
https://medium.com/bitbay-blog/bitbay-dynamic-peg-faq-8cd257da63fd

You can also watch the team test it here:
https://bitbaymarket.github.io/ratedb-testnet/
That most recent dip you see on this testnet chart was an intentional selloff by the team to mimic current real life market conditions. The strong recovery right after is a combo of the peg freezing the supply liquidity by 99%, and a pathetic amount of buy volume (.5 BTC) being applied. As you can see, it's a very powerful tool.

BitBayDoc

jr. member

Activity: 193

Merit: 3

@Pajulapoiss
I hope you are not a distracting Troll.
How could you not know about the peg if you own any BAY at all?!!

Anyway... here:
https://bitbay.market/decentralized-marketplace/
Watch the video.

It's nice to see BAY the #1 coin on the Bittrex website right now for largest % gain on the planet!
Too bad I can't buy any more here in the U.S. on their site!!! lol - not! Angry

BUT, that's a sight for sore eyes I haven't seen in over 2 years... wow.
Way to go David & BAY TEAM! Thank You.

Wow... somebody just bought approx. 20%+ of all of Bay for approx. $540K+!

Brilliant move!
Basically take it off G**D*** line where no one can buy it in the States...
Kill the price before the peg... and then do that.

What a move.

I have been trying to buy more and I can't. LOL
What a move... what an education.

Thank God I have not sold ONE Bay...
Yup... peg dreams bro. Wink

Pajulapoiss

sr. member

Activity: 554

Merit: 251

Quote from: BitBayDoc on August 08, 2019, 05:35:34 PM

@Pajulapoiss
The Bit Bay Coin and Polish Exchange are not the same.
It's all been very confusing over the years.

Hopefully David and the team can make some kind of obvious differentiation between the two after the peg...
And hopefully this question gets the attention that a slight name change may need to happen to prevent this confusion in the future.
Thanks

Where Can i find more info about the peg you are talking about?

BitBayDoc

jr. member

Activity: 193

Merit: 3

@Pajulapoiss
The Bit Bay Coin and Polish Exchange are not the same.
It's all been very confusing over the years.

Hopefully David and the team can make some kind of obvious differentiation between the two after the peg...
And hopefully this question gets the attention that a slight name change may need to happen to prevent this confusion in the future.
Thanks

Pajulapoiss

sr. member

Activity: 554

Merit: 251

What's the case with bitbay?

I see its a polish exchange, with some enterpreneur award listed on the website.

Is there anything coming up for BitBay? I'm holding some 7000 bay, but its been losing worth.

I'm a simple man, I see a small pump I ask questions.

Have a nice one Grin

BitBayDoc

jr. member

Activity: 193

Merit: 3

It's nice to see BAY the #1 coin on the Bittrex website right now for largest % gain on the planet!
Too bad I can't buy any more here in the U.S. on their site!!! lol - not! Angry

BUT, that's a sight for sore eyes I haven't seen in over 2 years... wow.
Way to go David & BAY TEAM! Thank You.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: LuckyLeprachaun on August 08, 2019, 01:18:25 PM

Quote from: dzimbeck on August 06, 2019, 05:17:59 PM

Quote from: DavinciJ15 on August 06, 2019, 10:34:51 AM

Hello BitBay Community.

I'm DavinciJ15 I´m developing Pandora´s Wallet and I am planning on adding BitBay to our wallet and test out the send and receive.

Can you please contribute a small amount to get the testing running.
BitBay Address: BFVRqbhy2rCtUEKb5aTi5CayVHBK15XVDT

Thanks for the help.

Be aware of the dynamic peg as you will have to keep track of liquid and reserve balances. Such as on www.dynamicpeg.com

There is going to be a new wallet for the peg? Will I have to switch coins?

You can keep the coins in the wallet however everyone will have to update either their QT wallet or the Markets wallet. We will trigger the fork once everyone is upgraded and also once the exchanges have properly tested integration of the peg.

BitBayDoc

jr. member

Activity: 193

Merit: 3

Wow... somebody just bought approx. 20%+ of all of Bay for approx. $540K+!

Brilliant move!
Basically take it off G**D*** line where no one can buy it in the States...
Kill the price before the peg... and then do that.

What a move.

I have been trying to buy more and I can't. LOL
What a move... what an education.

Thank God I have not sold ONE Bay...
Yup... peg dreams bro. Wink

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

peg dreams bro

LuckyLeprachaun

sr. member

Activity: 470

Merit: 251

Bitbay is the Future!!!

Quote from: dzimbeck on August 06, 2019, 05:17:59 PM

Quote from: DavinciJ15 on August 06, 2019, 10:34:51 AM

Hello BitBay Community.

I'm DavinciJ15 I´m developing Pandora´s Wallet and I am planning on adding BitBay to our wallet and test out the send and receive.

Can you please contribute a small amount to get the testing running.
BitBay Address: BFVRqbhy2rCtUEKb5aTi5CayVHBK15XVDT

Thanks for the help.

Be aware of the dynamic peg as you will have to keep track of liquid and reserve balances. Such as on www.dynamicpeg.com

There is going to be a new wallet for the peg? Will I have to switch coins?

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: DavinciJ15 on August 06, 2019, 10:34:51 AM

Hello BitBay Community.

I'm DavinciJ15 I´m developing Pandora´s Wallet and I am planning on adding BitBay to our wallet and test out the send and receive.

Can you please contribute a small amount to get the testing running.
BitBay Address: BFVRqbhy2rCtUEKb5aTi5CayVHBK15XVDT

Thanks for the help.

Be aware of the dynamic peg as you will have to keep track of liquid and reserve balances. Such as on www.dynamicpeg.com

DavinciJ15

hero member

Activity: 780

Merit: 510

Bitcoin - helping to end bankster enslavement.

Hello BitBay Community.

I'm DavinciJ15 I´m developing Pandora´s Wallet and I am planning on adding BitBay to our wallet and test out the send and receive.

Can you please contribute a small amount to get the testing running.
BitBay Address: BFVRqbhy2rCtUEKb5aTi5CayVHBK15XVDT

Thanks for the help.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: chrysophylax on August 05, 2019, 12:17:06 AM

Quote from: dzimbeck on August 04, 2019, 07:01:00 PM

Quote from: jamespastagueule on August 04, 2019, 12:03:20 PM

Bittrex delist BAY - I tell you before LiteBit.eu announces too: BAY will be delisted too and UpBit will follow the delisting. The three exchanges and broker always go together.

Now Bay is going to be killed by these accomplices Cry

Sources: "Based on Bittrex International’s latest review the following markets will be removed from Bittrex International on August 16, 2019"
https://bittrex.zendesk.com/hc/en-us/articles/360031239412-Pending-Market-Removals-August-16-2019
https://bittrex.zendesk.com/hc/en-us/articles/360031597251-Wallet-Removal-on-September-6-2019

And we are picking up 3 exchanges for the peg. The bold red font isn't going to scare any investors. Stop with the nonsense. We all knew we would lose Bittrex. So now we pick up Chaoex, Bitker and Latoken. And assuming the peg goes well pick up a few more.

Bittrex is not a loss David ...

In fact, it is a blessing in disguise and I can see much more will come of this BECAUSE of the delisting, rather than not, purely based on the removal of all the red tape and requisites (read - headaches) that comes with Bittrex and their ilk. No one will miss this except the speculators and gamblers of coin.

#crysx

Thanks yeah I feel the same way. They were not easy to work with or enthusiastic. I hope that we can pair up with companies that see our ideology instead.

tradersnow

jr. member

Activity: 90

Merit: 3

Quote from: jamespastagueule on August 04, 2019, 12:03:20 PM

Bittrex delist BAY - I tell you before LiteBit.eu announces too: BAY will be delisted too and UpBit will follow the delisting. The three exchanges and broker always go together.

Now Bay is going to be killed by these accomplices Cry

Sources: "Based on Bittrex International’s latest review the following markets will be removed from Bittrex International on August 16, 2019"
https://bittrex.zendesk.com/hc/en-us/articles/360031239412-Pending-Market-Removals-August-16-2019
https://bittrex.zendesk.com/hc/en-us/articles/360031597251-Wallet-Removal-on-September-6-2019

yeah, that large red font isn't helping anybody.

After 5 years of successfully overcoming hurdle after hurdle, I definitely wouldn't bet on BAY getting killed anytime soon. Bittrex is a mere speedbump. Cool

See: The "Lindy Effect": https://en.wikipedia.org/wiki/Lindy_effect

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 42. (Read 542196 times)