The possibilities are pretty much endless. I wonder how anyone can sell this at all. I keep looking around for other projects to compare to this one. I see nothing on this board that can not be pretty much taken care of by bay.
I was previously hoping we could use bay for a fast and efficient alt coin trading platform , now I am really hoping that we can. Centralised exchanges are the worst part about crypto.
Yeah who knows. Maybe we can find a way to trade coins for the Chinese for a cheap fee.  It sucks that they are also blocking VPN services over their but that can only block websites, not the client since it's p2p. So yeah they could hinder downloading the client, but they could still pass it around with various mirror sites I guess. If they don't want BitBay they could use BitHalo. Creating a trustless underground exchange. |
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Just set up a market contract and had the offer accepted:  The client and market seemed a little more intimidating than it actually is. It's nice and intuitive once you go through the process of creating a listing and making the trade. This is great! Having been an eBay/Amazon seller, I can't wait for more developments in this area! No middlemen or fee nonsense is pure gold! Yeah and I'm sure there will be a way to utilize python programmable contracts to automate musicians' and artists' works with some sort of download link that auto destructs after 3 downloads (or something similar). Wouldn't that be something if they finally had a way to bypass the middlemen like itunes, spotify, etc. |
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Yeah we noticed that too about the sync speed.
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Just a couple more days till we launch our next treasure hunt If you haven't already, go ahead and download the client so you can participate. We will be using a joint account system along with 'key to image' and 'file to image' features. With the joint account setup we can have multiple participants receive a reward if they solve the treasure hunt. There is massive potential for this as a form of new marketing campaign tool for companies that wish to duplicate! https://bitcointalk.org/index.php?topic=890531.msg14462717#msg14462717Think of something similar to this yet way more complex with potentially multiple images and files. Images with riddles that unlock passwords, or unlock a new image folder, or new website host - the possibilities are endless. Stick around we will keep you posted of the progress! |
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When will people realise that a marketplace needs to be decentralized? whan ppl care to research and read below will realize how it can be prevented with two separate keys. http://bitbay.market/about/security/So that is 2 back to back articles in favor of increasing demand for a decentralized trustless marketplace. China's regulations in the form of more transactions fees on chinese bitcoin exchanges causing the volume to drop to levels that are bottomed out on bitcoinwisdom charts! http://www.zerohedge.com/news/2017-01-24/chinese-bitcoin-trading-volumes-crash-90-overnightThis really puts decentralized trustless exchanges in high demand! The sad news about this though is that they also cracked down on VPN's making them illegal for their citizens to use http://thehackernews.com/2017/01/china-firewall-vpn.htmlSo on a peer to peer marketplace like BitBay, could they shut it down in their country or only shut down accessibility to the websites that supply the downloads for the client? Bitbay can't be shut down to my knowledge. It's peer to peer Right that's what I thought. So the only thing the Chinese government could do is hinder the ability for people to download BitHalo and/or BitBay |
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When will people realise that a marketplace needs to be decentralized? whan ppl care to research and read below will realize how it can be prevented with two separate keys. http://bitbay.market/about/security/So that is 2 back to back articles in favor of increasing demand for a decentralized trustless marketplace. China's regulations in the form of more transactions fees on chinese bitcoin exchanges causing the volume to drop to levels that are bottomed out on bitcoinwisdom charts! http://www.zerohedge.com/news/2017-01-24/chinese-bitcoin-trading-volumes-crash-90-overnightThis really puts decentralized trustless exchanges in high demand! The sad news about this though is that they also cracked down on VPN's making them illegal for their citizens to use http://thehackernews.com/2017/01/china-firewall-vpn.htmlSo on a peer to peer marketplace like BitBay, could they shut it down in their country or only shut down accessibility to the websites that supply the downloads for the client? |
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Hey guys,
Just wanted to mention that we found a bug with hotmail and outlook emails synced to the client.
They must have updated some coding.
Anyways, just wanted to give heads up that David is aware and will fix.
He might even revert back to allowing both bitmessage or email to broadcast to alleviate anything like this again in the future.
So if you wish to try out my faucet, make sure your client is synced with either mail.com gmail.com or aol.com email provider.
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Hi All, Here is a short and simple example of a BitBay transaction to help anyone new understand how the trustless contracts work. This is from a contract cr197 and I executed over the weekend where I traded him $10 in NXS for $10 in BAY. Please feel free to ask any questions. http://bitbay.market/contractexample/The Slack community is growing along with the price. Please feel free to join us over at http://bitbay.market/wp-login.php?action=slack-invitationSee you there. Yeah I knew I should have waited till NXS hit its support level at the 8500 to 9500 sat range But it was nice not to have to transition to BTC to make trade. And if we were whales we could have saved a ton of money on slippage and the eyes on the exchanges wouldn't even know it happened! It's will be a great tool to accumulate off-radar!! |
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I see bitbay getting mentioned in quite a few other coins threads now. I think once we break the top 50 (which should be soon) more people will take note too.
Be great when we can rid ourselves of the qt and just go with the market place. Get everyone to use it.
The faucet of 1000 bays is worth having now too really. Much better than some faucets.
Yeah faucet is still live. I've completed about 11 so far. |
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About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking
The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want Yeah it can still fluctuate! So for example, 1,2,3,4,5,etc., months after the 'rolling' peg is implemented, there is no telling where the price will be for BitBay. And users will be able to vote (decentralized) on how they wish to protect their investment. It's only natural that they will be voting in favor of keeping system stabilized OR for hope of potential growth! Trust me! Karartma1 This is going to be a good thing. And is going to work great along side bitcoin. It's going to be simple and yet elaborate. If you want to be as simple as buy low, sell high - you still can! However for the sake of day traders, the option of the complexity available will literally make it the most exciting trading process they have ever encountered before! |
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The market is paying attention to these updates, its moving finally with more than a btc volume 16 BTC volume yesterday if that's the case. If the calculations that have been done here will confirm that Bter ICO whales are gone nothing stops this coin to go in only one direction. Dedication and hard work will pay in the long run Just because one set of whales are gone does not mean a new set has arrived and the thing is you know nothing about these new whales. Luckily this coins has the best bagholders I've ever seen so until they reach their target, you're right it will go up. Yes, I agree we know nothing about the new whales as you call them but to me it's crucial that the old Bter Ico whales are gone. They have been like venom to this project. A great deal of people at the start thought of this as a P&D scheme (bter reputation does not help in that sense): David delivered everything relentlessly in any case. New whales will come but a good project will always stand still since if the code speaks for itself there's not much to worry. I personally feel this is a superior coin compared to many top 50 coins out there.  Some new whales are enjoying getting in early right now, David has seen to that. I personally think BAY is better than half of the top 20 coins right now. Be smart. Get in early, which is now 😀 If we could only let you know what we have in store for the rolling peg. It's still just too early to even release a whitepaper on the matter. It's going to turn trading into a wet dream for day traders, speculators, and investors! Some coins are already claiming they have pegging because they can do price tracking  BitBay's design is the real deal! |
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I heard there is a fawset for BitBay, but I cant find it
You heard right. It's not on a webpage like most faucets. It's in the client marketplace. You can download it from the OP or from our bitbay.market website The fawset is in the wallet?? How? With BitBay's client you can pretty much buy or sell anything for anything through smart contracts trustlessly! The faucet is basically a free smart contract in the marketplace. Download it! Give it a shot! 1000 BitBay's for free! |
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I heard there is a fawset for BitBay, but I cant find it
You heard right. It's not on a webpage like most faucets. It's in the client marketplace. You can download it from the OP or from our bitbay.market website |
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Some very good features planned. Will they come when it matters and will they see the eyes they matter to is another question.
It more or less sells itself. If you have an item on ebay or amazon that's selling for 100 dollars You could sell the same item on bitbay for 95$ and make more profit. The competition doesn't have a chance to compete because they are for profit. The client is free to use! The more the people use the client, the more coins will be locked in escrow at any given time. This will further strengthen the stability of the rolling peg. It literally turns into a positive domino effect! |
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i am going to check out the "get paid" part and let you guys know in the next couple hours
Perfect! I have about 91 faucet contracts remaining out of the 100 Any questions you have first check the tutorial video library. |
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This happens because their preferred contact method is email. You are automatically assigned a Bitmessage address but some people choose email only because its faster. I've considered allowed people without email to contact via Bitmessage. To accept that contract load an email from.one of the supported email providers (Gmail, AOL, outlook, Hotmail etc)
Should I use my main e-mail address? Does it go out publicly, or just to one person? Worried about revealing my identity, getting spam etc. No. We recommend you create an email dedicated just to BitBay |
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Don't forget Ripple has over 36 billion coins and is centralized.
If you compared to them based on coins - that's .000288 btc per Bay
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@Cryptohunter Great! So you thought the tutorials were a success? Did you learn anything in the process? I think we just confirmed that the a blockchain synced data folder is now working smoothly with the client. So that means I can finally finish the gapped video #4 for downloading a blochain file for quick sync. I can't wait to have David's anti-keylogger included in the next update. BitBay will have the highest level of security of any coin bar none. Some people claim quantum computers will be a problem for bitcoin in the future. Yet studies are already coming out that quantum won't be a problem. http://www.altcointoday.com/bitcoin-can-withstand-quantum-computer-attacks/Yet with 2 private keys in BitBay, I'd hope they'd have to do twice the computational processing to hack it. |
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Thanks guys!
I really think we are close to getting this to the point of lift off
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