So alphabay is down. It seems like the Owners ran off with the funds? This shows the need for a decentralized marketplace without any arbitration. It seems that David is against Bitbay being used for this purpose, but the entry of drugs into the marketplace will eventually happen for it to be truly decentralized free market. Are there people that have tried to use the Bitbay marketplace for this purpose already?
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He could hardly condone it really. I mean we have to be sensible.
But if it is decentralised and has no central control then it will be used for whatever people want to use it for.
TBH though the uptake and usage of both this and sys is highly disappointing. It's been years and still nobody really uses these market places at the moment.
I think we need to look at this and see if we can get the api out so we can use the power of bitbay for easy to use websites and mobile apps to run on top of it. Perhaps mainstream are never going to sit on their pc's and download the entire bc and full marketplace and use it like that. Sometimes you just have to give them what they want not what is actually best for them.
If other devs were coding out sports betting other prediction market websites and anything else that bitbay can be used for then that could build some real traction. That and the peg will attract people too. David could keep coding the core out whilst other devs just build their websites/apps/ platforms on top
I see now eth was smart they produced something that in the end enabled almost infinite other devs to do their thing that still benefitted eth. Every ico running on eth is building value into their system even if temp. Their main issue is the resources needed are growing at a very alarming rate.
We need to find a way to open bitbay to other devs who can work and build value into the bitbay system. I guess the api will do that to quite a large extent.
Ideally we need to get on btc38 this coin would be a good fit there. We need someone that speaks fluent chinese that has a senior role with bitbay. They have so many coins of this coins age listed there and most of those are total crap.
Polo for whatever reason seem to not want to list us. I have suggested it to them many times before and lots of people on polo troll box have asked in the past
Cryptopia is up and coming I think this exchange is growing.
I had a few hyper tokens and coin2 tokens.... to my shock they both got themselves listed on yobit and cryptopia within a week or 2. We could consult with their teams on how they did this? they are not btc38 or polo but still we can't be on one only.
Maybe we are being censored Polo controlled opposition, who knows. Luckily they will eventually be replaced with decentralized or multisig options.
I can give an API but a site wanting to do this would need to know code pretty well.
I agree ETH allowing a better script system let's people build on it. However it's the wrong approach, 1 GB a day added to their chain. Also they are too greedy by faking volume on icos and getting refunds. Something that would be illegal in the stock market. At the very least it's deceptive. Unless someone can convince me projects fund millions of dollars in minutes.
People do use our markets it just starts slow. An eBay plugin would really help aot reselling items isn't easy though as you might take a loss doing so or have to charge a premium.
Regardless even DDE used as insurance to prevent theft is a massive vertical. Our project is so flexible it's crazy the only drawback is it Isn't modular.
However the API will allow Python code so users can easily patch functions in real time for any web application. There is a bigger drawback with API which is the lack of coders who know blockchain.
Nobody uses Bitcoin either other than to speculate. The market is maturing slowly but I believe we will get there.
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That took almost 4 days!
