BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 58.

ivanovmoscow

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Quote from: dzimbeck on November 13, 2018, 12:15:43 PM

Quote from: Thul on November 13, 2018, 01:53:01 AM

The market will not succeed if it becomes too cumbersome in terms of operation and design.

OpenBazaar has already done that quite well. Easy integration of photos, as much and as big as you want them to be. Appealing design of the shop.
However, there is still a lot missing to really become a competition to the well-known Fiat markets...

We have a lot of user friendly templates on our marketplace... cash for coins, barter, auctions/reverse auctions, goods, services, etc. It's pretty easy actually. When you get a chance to test it let us know.

The only problem is in one big point guys. Many people dont understand who takes the risk if something goes wrong. And how to attract people who do not use cryptocurrency?
This is a snag and who can solve it will become the top one.

Thul

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Activity: 140

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How are articles searched and found?

At OpenBazaar the central weak point is the respective search provider. If articles are blocked by their operator, they are no longer found.

Is your system efficient? That means fast and reliable?

Is a combination of search terms possible, for example "shoes, leather" if only leather shoes would like to have listed?

The tag system of OpenBazaar does not only list shoes, but also everything else where the term "leather" was tagged, so also leather clothing or BDSM stuff.

Thul

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Activity: 140

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Quote from: dzimbeck on November 13, 2018, 12:15:43 PM

Quote from: Thul on November 13, 2018, 01:53:01 AM

The market will not succeed if it becomes too cumbersome in terms of operation and design.

OpenBazaar has already done that quite well. Easy integration of photos, as much and as big as you want them to be. Appealing design of the shop.
However, there is still a lot missing to really become a competition to the well-known Fiat markets...

We have a lot of user friendly templates on our marketplace... cash for coins, barter, auctions/reverse auctions, goods, services, etc. It's pretty easy actually. When you get a chance to test it let us know.

Yes, I'd be happy to do that.
I hope you are open to criticism. Wink

Quote from: dzimbeck on November 12, 2018, 07:26:42 PM

As for Linux it's on my list of things to do when I finish testing the exchange peg code.

How do I know if this problem has been solved?

dzimbeck

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Quote from: Thul on November 13, 2018, 01:53:01 AM

The market will not succeed if it becomes too cumbersome in terms of operation and design.

OpenBazaar has already done that quite well. Easy integration of photos, as much and as big as you want them to be. Appealing design of the shop.
However, there is still a lot missing to really become a competition to the well-known Fiat markets...

We have a lot of user friendly templates on our marketplace... cash for coins, barter, auctions/reverse auctions, goods, services, etc. It's pretty easy actually. When you get a chance to test it let us know.

Thul

newbie

Activity: 140

Merit: 0

The market will not succeed if it becomes too cumbersome in terms of operation and design.

OpenBazaar has already done that quite well. Easy integration of photos, as much and as big as you want them to be. Appealing design of the shop.
However, there is still a lot missing to really become a competition to the well-known Fiat markets...

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Thul on November 12, 2018, 04:52:13 PM

Thank you for the prompt answer.
I see it on the website right now. Runs across the marketplace.

I should really get closer to the project. Here one seems to have rather the use in the focus.

I am very curious about the market place. I look at it as soon as it runs on Linux again and photos are no longer a problem.

You can post photos with the listings. For the platform to be decentralized it would be odd to have photo hosting. For now it just puts the image on fpaste and compresses it however the photo can be sent over bitmessage too. Of course a user can link more photos. I realize in 2018 people want tons of media but that is the trade off when making something completely decentralized I suppose more photos can go on fpaste or imgur in the future.

As for Linux it's on my list of things to do when I finish testing the exchange peg code.

Thul

newbie

Activity: 140

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Thank you for the prompt answer.
I see it on the website right now. Runs across the marketplace.

I should really get closer to the project. Here one seems to have rather the use in the focus.

I am very curious about the market place. I look at it as soon as it runs on Linux again and photos are no longer a problem.

dzimbeck

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Activity: 2412

Merit: 1044

Quote from: Thul on November 12, 2018, 12:51:51 PM

Quote from: Vermalen on November 12, 2018, 09:19:06 AM

https://twitter.com/BitBayofficial/status/1061982134922027008

BitBay are pleased to announce you can now buy BAY with euros at https://www.bitladon.com/bitbay
Bitladon is the international website of the Dutch broker Bitcoin Meester and they make it quick and easy to buy BAY!

An exchange via a third party is out of the question for me.

When will Bitbay be listed in BISQ?
Optimal as a base currency.
Even more optimal if BISQ could be integrated into your wallet, i.e. with BAY as base currency.
(one will probably still be allowed to dream...)

BISQ uses 3rd party escrow and is very risky. There is no reason to do that because users can buy BitBay in the wallet itself totally peer to peer risk free using 2 party escrow. The wires are secured by deposits and users simply do their own KYC since it's peer to peer and private contracts where BitBay takes no fees. For users without deposits the seller at a minimum puts a small deposit in a guarantor contract to let another user buy his first coins.

There is no escrow, servers or middlemen that's the major advantage.

Thul

newbie

Activity: 140

Merit: 0

Quote from: Vermalen on November 12, 2018, 09:19:06 AM

https://twitter.com/BitBayofficial/status/1061982134922027008

BitBay are pleased to announce you can now buy BAY with euros at https://www.bitladon.com/bitbay
Bitladon is the international website of the Dutch broker Bitcoin Meester and they make it quick and easy to buy BAY!

An exchange via a third party is out of the question for me.

When will Bitbay be listed in BISQ?
Optimal as a base currency.
Even more optimal if BISQ could be integrated into your wallet, i.e. with BAY as base currency.
(one will probably still be allowed to dream...)

Vermalen

full member

Activity: 546

Merit: 128

https://twitter.com/BitBayofficial/status/1061982134922027008

BitBay are pleased to announce you can now buy BAY with euros at https://www.bitladon.com/bitbay
Bitladon is the international website of the Dutch broker Bitcoin Meester and they make it quick and easy to buy BAY!

dzimbeck

legendary

Activity: 2412

Merit: 1044

It's 11/11 the 4 year anniversary of BitBay. Congrats to the team and cheers to the investors. Let's make 2019 our best year yet.

Well so I'm pretty much finished with the Python version of the exchange code. So I just have to test it and then give it to anoxy so he can start getting the demo exchange ready. Then once that is successful we will have a very strong proposal for exchanges. Although we will need a lot of the community to help test the demo exchange and do some trades because it will give us some great feedback on the user experience of the peg. We will also need to wait for Yshurik to convert the code to c++ so it's faster. He has made a lot of progress on converting the Python peg so far and when he finishes that he will work on the exchange code. But we can still test in the meantime.

Soon...
https://www.youtube.com/watch?v=MC26JK9nk-8

Thul

newbie

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Quote from: BitBaydev on November 09, 2018, 10:23:48 AM

Quote from: Thul on November 09, 2018, 06:47:58 AM

"How to use cryptocurrency to buy & sell goods and services"
https://bitbay.market/blog/cryptocurrency-buy-sell-goods-and-services?utm_campaign=how-to-use-cryptocurrency-to-buy-sell-goods-and-services&utm_medium=social_link&utm_source=missinglettr

Well said, but without the possibility to make your own offer visually attractive, the project will fail, or just address a tiny small fringe group.

I agree Thul, images are very important factor for a marketplace to be successful. First impressions are important and images help to tell the story about items and get the buyer interested.

The new BitBay web marketplace alpha is online now and we have people testing it and giving us feedback as we build and release new features. If you'd like to join us then I can send you an invite. Just email me at [email protected] and I'll get it arranged.

The web marketplace will be an 'easy-button' version of the amazing software that David has built, enabling users to buy / sell with a few clicks on mobile or desktop and not have to sync the blockchain etc. It will also feature the unique 'unbreakable smart contracts' that David developed, allowing for users to buy and sell anything with no 3rd party involved.

The alpha is in an early stage but I still invite you to come and see what we're working on. Your feedback would be very welcome Wink

Thanks,

Shorn
Project Manager

Just orientate yourself on the possibilities of established markets (Amazon, ebay, ...) then nothing can go wrong. Wink

The goal is to be better.
And this should already be possible with a range of products and services that does not exist on the regulated, centralized markets.

dinoDevon

newbie

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Quote from: dinoDevon on November 09, 2018, 04:50:08 PM

https://imgur.com/a/TIVAjwi
I’ve been staking most of my BAY at Btcpop.co so I can trade at the same time.
Oh, and being part of a pool = faster payouts.
And I can finally turn my laptop off.
Rewards might even be higher with

dinoDevon

newbie

Activity: 50

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Quote from: dinoDevon on November 09, 2018, 04:50:08 PM

https://i.imgur.com/ZfQA0Xf.pngI’ve been staking most of my BAY at Btcpop.co so I can trade at the same time.
Oh, and being part of a pool = faster payouts.
And I can finally turn my laptop off.
Rewards might even be higher with

BitBaydev

member

Activity: 155

Merit: 11

https://bitbay.market

Quote from: Thul on November 09, 2018, 06:47:58 AM

"How to use cryptocurrency to buy & sell goods and services"
https://bitbay.market/blog/cryptocurrency-buy-sell-goods-and-services?utm_campaign=how-to-use-cryptocurrency-to-buy-sell-goods-and-services&utm_medium=social_link&utm_source=missinglettr

Well said, but without the possibility to make your own offer visually attractive, the project will fail, or just address a tiny small fringe group.

I agree Thul, images are very important factor for a marketplace to be successful. First impressions are important and images help to tell the story about items and get the buyer interested.

The new BitBay web marketplace alpha is online now and we have people testing it and giving us feedback as we build and release new features. If you'd like to join us then I can send you an invite. Just email me at [email protected] and I'll get it arranged.

The web marketplace will be an 'easy-button' version of the amazing software that David has built, enabling users to buy / sell with a few clicks on mobile or desktop and not have to sync the blockchain etc. It will also feature the unique 'unbreakable smart contracts' that David developed, allowing for users to buy and sell anything with no 3rd party involved.

The alpha is in an early stage but I still invite you to come and see what we're working on. Your feedback would be very welcome Wink

Thanks,

Shorn
Project Manager

Thul

newbie

Activity: 140

Merit: 0

"How to use cryptocurrency to buy & sell goods and services"
https://bitbay.market/blog/cryptocurrency-buy-sell-goods-and-services?utm_campaign=how-to-use-cryptocurrency-to-buy-sell-goods-and-services&utm_medium=social_link&utm_source=missinglettr

Well said, but without the possibility to make your own offer visually attractive, the project will fail, or just address a tiny small fringe group.

R-J-F

sr. member

Activity: 1078

Merit: 310

AKA RJF - Member since '13

Quote from: toknormal on November 07, 2018, 09:48:13 AM

This is raising eyebrows in other quarters as well.

LOL!!! That's great, can't stop laughing! Grin

toknormal

legendary

Activity: 3066

Merit: 1188

This is raising eyebrows in other quarters as well.

toknormal

legendary

Activity: 3066

Merit: 1188

Bay looking immense.

Amma gonna grab me some more Bays at this price.

cryptohunter

legendary

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: BitBaydev on November 07, 2018, 04:15:32 AM

Quote from: cryptohunter on November 06, 2018, 03:35:44 PM

Quote from: BitBaydev on November 06, 2018, 11:08:18 AM

Our latest community update is out now, featuring an October roadmap review and a look at what's to come in November.

Featuring the Community Projects Initiative, updates for the web marketplace and dynamic peg and more...

https://medium.com/@bitbay/bitbay-roadmap-update-95ab4dcba63

Thanks,
Shorn.

Great article. Thanks for posting. Bay is moving a great turn of pace now that most other projects I follow would be jealous of.

Just one thing..

first line says As we are already a dew few

is dew few an expression or a typo?

Thanks for spotting that Cryptohunter! It was indeed a typo that crept in somehow ...

No problem, great article though as usual.
Keep up the awesome work.

ch

Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg - page 58. (Read 542196 times)