I am done with bitbay
The market value has now seriously start to decline, but who really believes bitbay will be a major Company like ebay, alibaba etc?
Good luck!
the entire market has corrected hard.
i think it can be better than both of those actually i don't dare use alibaba as it is but if it had dde then i would consider it for sure
Bitbay is not good as capturing the latest fads and using them to gain popularity... we miss every fad as it comes and goes. I mean many that put these fads on their road maps remove them when they later lose popularity anyway.
Latest fad is dag, hashgraphs, exotic sharding methods anything that is a bit different from btc. If we announced something like this the market would go crazy for bitbay.
When btc is given a few work arounds to stop it getting jammed up and reduce fees ie LN then all the fuss about moving past blockchain to " other" methods will die down again or perhaps it will not.
We simply need more comparison threads that are kept on the front page of the main board highlighting bitbay and how much functionality you get for your buck.. most other projects have no answer to this question that is our strong point. It is a bargain project nobody can really compare. The main board is a total and utter dream marketing zone. This is super targeted noob central looking for new projects bay should be on there full time in their face.
I started a real projects thread and put bay on the top. But nobody except a couple of people bothered keeping discussion going on it. It brought attention to 8 real players out of thousands but still the bay community hides up on slack hoping for people to find it by total miracle. We have apparently an entire marketing team yet not one keeps this thread on the first few pages or helps with bumping threads on the main board. I have no idea where they are marketing and who too. There are whales with millions upon millions of bitbay - use some of those to employ people to put effort into marketing bitbay else your millions will never be worth 10% of what they should be if the project was given some real attention here.
We need to build a team of people with a real skillset and good at what they do. If they need to be incentivised then that is what needs to be done.
Hashgraph is not even provably secure, is it even open source?! People will continue to make projects with tech babble and all that will really matter in the end is the performance and security of the system. Bitcoin rose to popularity because it's secure.
I would rather be a niche than part of a fad.
There is some ideas you have that are good. We should have anon functions and I think the higher incentive to frozen coins is good and maybe even to improve the security of POS things might gravitate towards a more distributed system with servers.
On that note you are not correct about the other things mentioned. Our big holders DO give millions of BitBay to help pay new people. We have several devs who work on things now. How do you think we ended up having the mobile wallet and the web wallet? I helped direct the security and general design so it's secure however they coded it.
Also we have many people now working on the marketing end and Shorn has come on full time. Nobody hides on Slack. It's a great platform for live chat and questions and especially support requests.
Actually the guys have moved a lot of the support to our forums on the site so that way things are easy to search and reference. This is a good thing and we have noticed that people actually use it!
I try to personally check the forums on bitcointalk. A lot of devs don't do that. And also there ARE investors besides you who comment here and they deserve some credit. Although you should know I have the highest respect for you and thank you for keeping the conversations stimulating. Also some of our big investors do comment here like munti and craig.
On that note I will comment to the guys to remember to comment here. They do link weekly updates here on bitcointalk and they do occasionally discuss new recruits.
As for the guy who commented "I'm done with Bay". Unless he is hoping to rebuy then why would he come by and advertise his alleged decision?! Investors come and go, if they didn't we wouldn't have the millions we do in volume. What does it accomplish to come by and say that?
We are making a product, we now release things almost once or twice a month! I think what is really needed is a big thank you to the team for actually delivering physical, usable updates.
