Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 42. (Read 541982 times)

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?

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

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

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.

@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!  

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.  

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

@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

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 

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!  

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.

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.

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.

peg dreams bro

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

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

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.

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.

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.  

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

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

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 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



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

BitBay Community Update – 26th July 2019

BitBay partners with three new exchanges to release the Dynamic Peg
You may have already heard the news on social media, but if not, then you’ve missed one of the most significant news updates in the crypto sphere this year! Yes, the Dynamic Peg is coming to exchanges near you very soon…

Bitbay has partnered with Bitker, Chaoex and LAToken, to give new traders and the existing community more to trade $BAY. These are some of the most popular exchanges in Europe and Asia and potentially introduce BitBay to hundreds of thousands of new followers.

Bitker
Established in Singapore in 2017, Bitker is the One-Stop Digital Asset Trading Platform. The platform supports cryptocurrency trade, including currency transactions, contract transactions, and leveraged transactions.

Chaoex
Established in June 2017, Chaoex is a global trading platform. Chaoex strategic partners include well-known investment institutions, artificial intelligence trading providers, digital asset liquidity providers and other professional institutions.

LAToken
LAToken is a top 20 cryptocurrency exchange specialized in providing liquidity for new digital assets. Besides crypto trading, eligible LAToken users can participate in selected token sales at pre-sale and crowdsale stages.

We are proud to have these exchanges as partners to bring the Dynamic Peg to the world and be able to show what this new protocol can do for traders and investors. We’ll have release dates for each exchange as soon as the integration process is completed but we can say that, so far, it is going very well. Stay tuned…

BitBay Website Update
We have now completed the move of the BitBay website from the Drupal CMS to a static GitHub hosted website. This is another step towards the goal of self-governance where community members can submit pull requests to update the website and the community can vote on whether or not to implement these updates. The governance process has still to be implemented via the BitBay forum, but our contributors are working on this and it will be ready soon.

BitBay Foundation
In other news, we have also launched the BitBay Foundation website preview at https://bitbay.foundation
While the legal framework is still being completed, we are confident this will be done in the next couple of weeks so we are asking our community to provide us with their feedback on the foundation website. Once the foundation setup is complete, it will be possible for anyone to donate to the foundation causes, contributing to the growth and development of BitBay.

Web Marketplace
Next week we will also be rolling out a new update for the web marketplace which will include small bug fixes, a lot of improvements for mobile and tablet devices, an improved buy and sell flow for users, and some new features which we will announce at the time of release.
And finally, a big thank you to all our community members old and new for your continued patience and loyalty while we have been working on securing new exchanges for the Dynamic Peg. We know everyone is looking forward to this as much as we are!

Until next time,
Shorn Keld – Lead Project Manager @ BitBay