Bitbay can do a 100x easily after rolling peg is introduced sometime this year. It's trading under 700 satoshis right now. A steal at this price.
Sounds like a contradiction? Or how can this be explained? From the website
Digital currencies are known for big fluctuations in value. At times as much as several hundred percent in just a few days. For investors, this may be exactly what they are hoping for, but for consumers and merchants that want the advantages that digital currencies can provide, volatility can destroy commerce within the marketplace.. Bitbay will therefore freeze and release coins to keep the price stable relative to US $! This completely eliminates volatility. Your funds will stay stable and grow!David Zimbeck doesn't seem to have the best reputation btw.
The peg will be dynamic. From the "about" page of the site:
BitBay is a free software program containing the world’s first decentralized market platform. This platform, utilizing the power of Double Deposit Escrow, allows for two parties from anywhere in the world to engage in trade, with absolutely no risk of scams or foul play. In addition, the BitBay platform features the advantage of David Zimbeck’s revolutionary “rolling peg” (with an anticipated release date of roughly Q4 2017), a dynamic pegging system that will reduce the volatility of BAY digital currency by magnitudes.
A question that often comes up regarding the topic of digital currency – why would a consumer prefer to utilize digital currency rather than their own respective national currencies? In BitBay’s case, the usage of digital currency enables transactions to occur without headache worldwide. One needn’t worry about exchange rates, money transfer fees, the status of their bank account, or even listing fees when using BitBay. Through BitBay, no one on Earth (literally) is excluded from participating in the open marketplace. Commercial marketplaces like eBay and Amazon restrict people from developing countries from participating in global commerce because they require a bank account, credit cards or other external forms of payment before you can use them. Platforms like Craigslist may not, but they have a significant factor of risk when conducting transactions, with no guarantee of payment. BitBay solves both of these issues. There are a lot of people in the world who don’t have access to modern financial services, but that shouldn’t disqualify them from participating in online commerce.
Another topic of note: corporate platforms simply cost much more than BitBay. The rest of your earnings are yours to keep. Not only that, but you may sell your BitBay for cold, hard fiat cash on the marketplace as well. No need to bother with giving exchanges your private and personal information, or leaving your money in some shady coin exchange wallet. With some of the best security features in crypto, you can rest easy knowing that your earnings are safely stored on the blockchain and only you have access to them. In one sentence, BitBay in a nutshell is a revolutionary platform designed to give power back to the consumer.
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i wouldn't say 100x but i can say 10x for mysterium. unique project idea. in the future it can be realy realy good.i think mysterium is the only project at vpn field. and they are collapsing vpn with blockchain. i think it is very unique idea.i'm using vpn service and most of them are realy bad. and slowing your connection. with blockchain technology it can change.