Thanks! Also it's worth mentioning that I still maintain BlackHalo and BitHalo. It's still the only 2 party escrow software which is perfect for things like wire transactions without risk of theft or default, barter, sales of goods and services with risk of fraud practically eliminated. That and it has built in decentralized markets running for almost 5 years now. Would be nice if the Bitcoin community noticed how powerful a tool it really is.

Of course they do. Google owns YouTube and they have constantly worked directly with governments.

https://www.thesun.co.uk/tech/8302913/youtube-conspiracy-theories-9-11-fake-news/

That is censorship. Period. In the above example it's not even a minority opinion.

Not to mention Twitter, Google and Facebook banned cryptocurrency advertising at the exact same time when BTC was like 15K usd which really should be seen as market manipulation. Only to decide later to allow "some" people to advertise at their discretion. Funny how 3 allegedly disassociated companies do the same thing at the same time.

https://mediachecker.wordpress.com/2013/09/15/these-6-corporations-control-90-of-the-media-in-america-the-illusion-of-choice/

And just recently Disney bought Fox giving them literal monopoly over some content.

Screening/flagging content is fruitless. If anything just properly categorize it so people know what it is. If something is objectionable why not just have a voting system where people can put it in a different category.

The internet should never be censored. People who cry for censorship do so by threatening others to steal their freedom of speech and expression. People will find a way to express themselves in one way or another. Stealing freedom is constantly disguised as "protection" of masses.

Bit.tube will totally thrive if it offers a censorship free platform that pays users for airtime and videos and never takes away monetization of content like YouTube does. YouTube just recently said they will censor "borderline content" which means that anything which goes against government interests will not show up in search results. By their own admission. Google even removed their slogan "do no evil" and changed it to "do the right thing".

Self righteousness is the cause of a lot of the human suffering. People should live and let live. To deny another man his freedoms preemptively is to threaten him with violence, censorship or worse. Society in order to be happy must mature past this.

Yeah that is the big question. There are a lot of exchanges and we have talked to many and some quote pretty high rates and others vary. We are developing a demo exchange pair so we know how much work integration is and that we have trained devs who understand integration that we could even offer them. It is a lot to ask of an exchange but considering it's a system that prevents market crashes you would think exchanges would flock to list us for free.

However some may not be interested and others will. I feel like out of the hundreds of exchanges we only really need one or two decent ones. Even if they are a small exchange once people see this system in action they will go there to trade.

Yeah we also love that for a home page. However right now we are simply advertising the peg because it's very important for people to know about the stability feature in this bear market. I wonder if there would be a way to work the commercial into that page.

Apparently the current home page has resulted in a lot of downloads.

It's pretty simple. At 100% supply if you have 100 coins then they are all liquid to sell on the exchange.

If the supply drops 99% then you have 1 coin to sell on the exchange and 99 in reserve.

Thus, it requires less BTC to buy up the liquid coins... lower supply = higher price (as long as there is some demand and there is always some volume)

If the price goes too high too fast then lets say your reserve coins are released and supply goes 50% so you have 50 liquid 50 reserve.
That causes price to go down due to release of reserve coins.

If you sell those 50 liquid coins then you still keep your reserve and the new recipient upon inflation doesn't see a new influx of coins so it's not like a split or anything. Each set of coins has a memory of their liquidity shards and that is know upon each transfer. Exchanges do a liquidity share on the orderbook so the quality of coins is consistent for all users on the exchange. Even so, an exchange would have two orderbooks BAY (liquid) and BAYR (reserve) and the two will shift in proportion through the day. Exchange must run special software to do track this because the blockchain will require correct accounting.

This peg doesn't require any backing or reserve funds. It's forceful decentralized control of supply. The decision to do this is based on when users win a stake they can cast a vote deciding if it goes up or down 1% compound. These voting intervals allow up to 21 times of 1% supply change compounded daily. So a bear market can be crushed in it's tracks almost the same day.

This obviously raises investor confidence too and makes it cheaper to be a market maker as long as they understand the algorithms voters are using. If voting system get's abused then we can switch to give greater weight to algorithmic votes.

You can find more info on this at bitbay.market
There is also a whitepaper at the downloads page as well as a testnet QT which you can see for yourself how it effects your wallet.

It's dynamic so it does not have to be pegged to a specific asset. We have an algorithm that tracks the peak of the entire market (starting 20 cents to 1/100k of BTC 20k) and let's itself set new peaks under sustained circumstances. Users vote to increase/decrease supply which can obviously effect price and liquidity. Eventually once we find things that we like to track we can have algorithm take precedence over votes. In theory the system can be used for a hard peg and even in that case I believe it to be much more robust than any other peg because the supply is forcefully driven in any direction without hyperinflation or backing against crypto. Just the basics of supply and demand.

That's right! Now we need to get the word out. It's possible the majority of the crypto industry doesn't see yet the power of these simple tools. When will they notice?!

Yeah we need to sort out this bear market first and get on board with exchanges to run this thing. That's why we are making the demo exchange so they can see how we implemented it.

I mentioned something about it, we had to make cutbacks during the bear market so our web deb is working on some of the peg exchange integration and has to make time for it.

It's a good community. Also with the peg in testnet and the work on the exchange we will have the only coin in the industry with a dynamic supply. Not sure why the mainstream has not noticed this yet. Most of our challenges will actually be negotiating with exchanges and promoting. Once we get even a single decent exchange signed up for the peg it is game on!

The only relation was I started with BitHalo and needed an altcoin for speed concerns. So I chose BLK because it was the only POS coin that was 100% POS since Peercoin was POS+POW. Later on I took BitBay because it was the first normal looking project I was offered and my projects were free open source ones and I didn't really hold a big position in BLK. The rest as they say, is history.

I still maintain the BitHalo and BlackHalo code base. The majority of any blockchain improvements I do are here though... such as the peg.

It depends on if the exchange will run the peg tracking software. Also I don't see them on coinmarketcap?!

Hahah thats awesome. Yeah thanks for the support and we do have a pretty strong community. We will persist, it's like the "Turtle and The Hare". Slow and steady wins the race. We built first, marketed later.

You are exaggerating. The entire market is down. Almost every coin is 1/10th it's peak in BTC or more. We are page one for BitBay, page one for decentralized markets, page one for unbreakable contracts and so forth. It's okay. Sit back, relax, enjoy the show.

Web markets are in demo phase, peg is being integrated to exchanges, client is complete.

most of these exchanges are just stealing from themselves and claiming to be hacked... anyone who is in control of millions of dollars and isn't using multisig is already being fairly neglectful of their users... recently an exchange owner died and he could have had checklocktimeverify to go to at least someone... so with any exchanges there is serious risk.

I've made software to decentralize so many things but it goes unnoticed because people flock to volume. It would be nice to see this change some day.

Perhaps the team thought it was just an advertisement. No worries. I don't really believe in censorship although sometimes the mods
clear out comments on the thread.

Didn't Cryptopia go insolvent?

A friend of mine built a data scraper for amazon that could be used to resell items. The drawback is the markup. Maybe also that and various things to repost job offers and such could speed up adoption. I remember when I used to post jobs to Craigslist it would find its way to multiple websites on it's own.

People underestimate this project. It's also not heavily marketed. Nonetheless, users will no longer be able to crush the market with sell pressure after the peg is implemented. It's an awesome tool. What "Basis" raised 100 million to do, we did for free. We also did it decentralized, community driven, no unsustainable incentives, no custodians, no speculative backing. And yet "Basis" abandons the project and big investors keep giving funds to these projects that promise and don't deliver. When will they start supporting projects that do deliver but don't ask?

Excellent response! And there is more information on our website and forums as well.