Work is 99% complete on our very own BitBay block explorer! This will lay the groundwork for us to begin mobile development down the line.

this is very interesting....

 a decentralised block explorer?

is this what this is?

ok i will do that as soon i find the time to. give me some time. afterwards the translation will be done in a few days.

do i receive a bounty for this work? you can pay me in bay.

i finally installed the BitBay Mac Client. And i chose german as language. and if have to say that the translation is horrible. it is almost impossible to understand what you have to do during the setup of the client.

shall i retranslate everything?




? what do i have to do?

lets switch to english:

What is the official position Dev Team

Maybe rebranding will solve this problem.
It should solve this problem as soon as possible. Underestimation may mean death for BAY

Legal steps have been taken in this regard - It looks bad. It is uncertainty for new investors

This latest shit in china tells me more the need for decentralised exchanges and market places is more urgent than ever.

I do think the moderator key needs to be removed so there is no centralised point of attack at all though.

Cryptos don't make sense (look at the top20... Hcash... others...)
But that's the way it is.

Since June,we see the beginning of an early-mass-adoption movement (who here doesn't know someone who entered the market recently, or thinks about it ?).
It changes the game: Technology is not the only parameter in the valuation equation: Teams are scrutinized, marketing has a huge impact etc...
Crytpomarkets evolved: projects must adapt or die.

That said... Bitbay is a great tech. Maybe it just needs a bit of PR, and starting from the community is not a bad thing.

What if, WE, the hodlers, start promoting the coin again ?
Twitter, Facebook, LinkedIn, BitcoinTalk signature etc...

I think we need :

1- 2 officials statements about Bitbay: why is it so good? what is the end user value propostion?
-->  it can be done by an expert member here and validated by the devs.
We need 2 statments: 1 statement will be technical, and one for the average joe (simple).
We'll use these as a baseline to write the social media tweets and so.

2a- a short term roadmap for "news" and teasing (don't tease without news...):
Next releases
2b- curators for news and articles. Writers on Medium and Steemit for instance, and their links to resteem and upvote.

3- A structured and synchronized communication:
--> Same Tweets, same Hashtag (#BAY... why not something else like #NextBigCrypto)
--> Same linkedin post for all with hashtag (someone writes one and we copy paste)
--> etc etc..


We probably need a specific topic here or a slack channel to coordinate "off-the line"

Who is in ?
It's time to lift BAY up :-)

Is everyone on slack or something? where are the rest of the bitbay community?

I've mention on the theymos thread on the main alt board about a review of bitbay. 

What do you mean by that?
How will double deposit help in that?

Double deposit is really THE shit, arbitrated escrow I find really silly and useless. Nobody except the 2 parties can know who's wrong. The double deposit simply makes stealing disappear, it prevents it.
I think it's really too bad this project didn't have a decent marketing seeing for how long it has been existing up till now, but at the same time I'm glad, because otherwise I would have never been able to buy it at such an undervalued price.

The idea of masternode or staking with duration integrated would be so awesome
Maybe you could also add that people with frozen coins receive even more, thus encouraging more holding and more freezing among buyers.

hello bitbay community  

But here seems to be a contradiction ? traders wants volume and price swings and investors wants volume too because that attracts interest etc and price is more likely go higher in the end with ups and downs of course. So how will this work with this price stability mechanism?

thanks

Should I invest here?
I'm a newbie

Any solution to the identically named BitBay exchange, other than hope for its immanent demise?

BAY looking superb @ 860 sats.

2017 revaluation consolidating into a hard packed level more than 8 times its speculative trading price over the last 2 years.

The power of a super-dedicated, trustless escrow-based trading facility who's sole objective is to facilitate goods exchanges of any kind, anywhere, anytime with greater reliability than eBay and 1% of the cost will be huge.

One of the reasons I like this asset is because its monetary model is so complimentary to its functional model. In particular:

 • it has its own blockchain which means that the monetary base genuinely derives its value from the trading and is not airgapped*. Therefore it's worth investing in, unlike Ethereum tokens

 • the monetary model (rolling peg) compliments the commercial model by presenting traders with a stable exchange rate while the goods exchange takes place

 • goods trading is inherently integrated with the monetary base in a way that securities trading isn't. For example, in times of old, barter took place in the shadow of some notional value denomination so that traders could determine if they were being over or under sold. (e.g. if they knew the price of a fur in gold and also knew the price of an acre of land, they could barter the fur for the land but still use a notional monetary value to facilitate price discovery: Nº of furs for acres of land).

That is Bitbay's market: goods bartering with a price discovery mechanism. The rolling peg is the genius ingredient because it decouples the conflicting priorities of a stable denomination for the goods exchange and a volatile risk asset that enables non-trading participants to support the value of the denominating currency by investing in it directly.

* Why can't this be done simply with a token on the Ethereum blockchain ?

 • because if you're riding the back of a whale and that whale sinks, you sink with it. You therefore can't use an Ethereum token as a monetary base for an escrow-based goods trading platform because of exposure to 3rd markets and consequent loss of price discovery. As an example, look at Populous: its fundamentals have only improved in the last two weeks, yet its price vs BTC or USD has almost halved simply because of its exposure to its monetary base

 • because Ether tokens are airgapped from the mining process. Cryptocurrency (as a monetary base) only works because there is a feedback mechanism from the monetary/commercial function to the mining hashpower. If goods trades take place on the BAY platform, hashpower pressure will build under the market peg. That will force the peg to roll at some imminent point. That in turn will encourage more goods trades as people's property is seen to increase in value. That in turn encourages mining. (e.g BAY will rise to 'most profitable' on coinwarz.com as the market pre-empts the peg movement)

 • because mined currencies are genuinely decentralised and therefore far off the horizon of regulatory surveillance. (It's much easier to regulate a legal entity that creates 100 million tokens out of the blue and holds them as a corporate asset than it is to justify regulating a decentralised, mined blockchain). Bitbay blockchain is therefore consistent with its commercial function

In other words: Bay is looking bootiful, both monetarily and functionally. The more time goes on, the more it is emerging as having carved out a perfect balance between goods markets, an associated monetary base and a genuinely competitive digital asset in decentralised worldwide trading market.

BitBay Community Update - July 24th

● Our marketing team has completed a survey we wish for our community to partake in. This survey will help us better understand the wants and needs of our users. We will provide a 2000 Bay reward for the person who provides the best suggestion regarding BitBay’s future marketing and development!
○ You can take the survey here: https://bitbay.typeform.com/to/RHhm6b

● We’ve added a new member to our marketing team, “little_round”. He is currently working on integrating a simplified text of BitBays biggest features in 2 of the biggest French forum communities, including creating text comparisons of BitBay with other prominent crypto-currencies.

● The development team continues to prep for the next release of Client with checklocktime UI & features. This update will provide the necessary fork to fix the the stake reward to the correct amount!

● Our web developers continue revising the website.
○ New FAQ page is active
○ Fixed Get Started button
○ Installed new analytics to website
○ Added slack invite on homepage
○ Added better spam protection to blogging page

● Our graphic designers are nearly complete with their preliminary updates to the first set of infographics on our bounty list.
● David has sent the necessary documentation and funding to be listed on Cryptopia exchange. Thanks again for everyone that donated!
● We have exciting news in China. Once we have confirmation we will update the community.
● Both our summer projects are progressing. We’ve decided to upgrade the UI of the first project to be released to create a more professional looking layout. This will create a small setback for the release obviously, but we feel it will payoff as ‘first impressions’ means everything.

Does anyone have a list of nodes for renos v.1?
My wallet is not connecting to the network

Help, my balance has not showed up in my wallet.
I downloaded bootstrap, got the wallet synced sent my coins, but they have still not showed up 50 blocks later.
Its pretty stressful

Hi guys. This is my first message. And BitBay is my first investment in cryptocurrencies also. I have fully synchronized the Halo wallet. But I'm still keeping my BAYs on Bittrex. I'm afraid of a collapse on my PC, a system failure on Halo.exe etc. Bad things happen to me very often and I don't want to lose my precious BAYs, nobody does. Anyway, how can i backup my wallet? And I would be glad if you give me some other advices about securing my BAYs. Thank you. Keep up the good work!