I don't "berate" you Zimbeck, I draw conclusions from your own admissions, in the case of your real estate "success" from your own quote "I know it, right?" referred to the hideous timing of your involvement in the business. In any case, it was just for reference and to frame the question regarding, I would repeat again, you outrageous claim that using Halo could save someone 10% when buying a home.

And, once again, you put in evidence that it is simply not true, in ANY case, let alone in any PRACTICAL, logical, one. And you know this, as an ex-licensed agent, better than anyone. As a matter of fact, for the purpose of saving the agent's fee (standard 6% shared between seller's and buyer's agents), you don't need any "smart contract". A simple bill of sale would do if you want to do it and you somehow have hundreds of thousands of dollars in cold hard cash under your mattress. Because, as you know -again, better than most-, there are a bunch of unavoidable fees no matter what type of contract you sign or agree to, from shake of hands to elaborate contract. And you DO know that the price of a notary in California is somewhere around $30, right? Regardless if the price of the deal is 100 dollars or 100 million dollars. Escrow price is also generally a fixed amount of a few hundred dollars, so where is the "10% savings"? It is bullshit, for lack of a better word. Truth is that, as of today, you could not use a smart contract in any practical example, not even if by some miracle you would find two parties fully willing to bend all established rules and regulations. AND, if you would find those two non-existent parties, they would still do the deal, smart contract or not, in FIAT and ONLY in FIAT. That's how far we are -and I am talking decades, IF ever- from any practical use of smart contracts in real estate.

Oh, and one other things, that "pegging" thing apparently you are part of, it ain't gonna happen. Not even close. One BAY will never be worth not a dollar, not even 5 cents of a dollar. Ever. As a matter of fact I can't imagine it surviving the current year but, if it somehow does, the bubble not only have been burst but any remaining traces will fully disappear before the end of March when you attempt to bring the "markets" online, at which time the full spectrum of the scam will be unavoidably evident. The "pegging" idea, as you must know, is nothing but a copy of the "stabilization fund" at NAUT -that never worked and never will work-, or the several ones BC itself promoted -so the Black Hand could sell into them-. And it is already obsolete for there will never be any funds to establish the "wall" in the first place. That was conceived as a last resort into which unload the rest of the coins bought by the Chinese connection, when and if the price failed. Since it has failed already, far earlier than anyone could have foreseen, the whole thing is quite moot at this point. The house of cards is falling.

And Zimbeck, my skepticism is getting the best of me. I don't see you clarifying for all BAY investors that you are a hired hand and ONLY a hired hand in BAY. Failing to post that in the official thread is aiding and abetting. And will have consequences, I can guarantee you that.

One more thing: You stated you were paid in BTC. I assume that 30-50 total. Direct question I already have posed and you have dodged so far: Di you ALSO get a % of BAY? 10%? Less? These are important questions for if that is the case you have a significant vested interest in continuing the scam. You need to clarify that if indeed you want to come out clean. If you can.

Although you repeat the first question twice, there are only 2 questions in your post. And, for this one time only, I am going to answer them one more time since they have been answered many times in this thread and others, including in the OP of THE WALL OF SHAME.

"How do you know?" you ask. I know because I have been witness to many ICOs, IPOs, etc. Most recently the gimmicky SEED (plenty of details on THE WALL OF SHAME) that in spite -or perhaps because of it- of offering 269% during it's first 7 days, and in spite of being fully sponsored and supported by the entire PINK dev team, only got a total of less than 7 BTC -most of it from those PINK devs-. Under more "normal" circumstances that ICO would have gotten several hundreds of dollars. But there are "new normal" circumstances, those produced by an unending burning of the investors and newbies by outright scams, one after another, on one side; on the other side, huge ICOs like Ethereum and SuperNET have drained all liquidity from the market. So, fact is, there's no money available.. This is also evident given the drastic reduction of all trading in Alts. Another even more clear example, is the ICO of BRO,  which got less than 300 BTC in spite of a very solid plan backed by a dozen multimillonaire poker celebrities. Finally, BYTECENT, another one that under "normal" circumstances would have collected hundreds of BTC, only manage about 50 total.

If those -and several other- projects failed so miserably, why on Earth would BAY different? Well it wasn't. It also failed miserably. It's simply that the Chinese connection (which has been around for a while and plotting such scam) thought they could fool what's left of the alt community. They sold, in fact, a very few hundred BTC of BAY and purchased themselves the rest, which is, as you should know and I have explained a few posts above, an instant humongous pre-mine. Furthermore, who do you think is selling the 10-20BTC they are selling daily way below the ICO price? You don't need to be a particulartly smart fellow to put together 2 and 2, do you? I mean the selling is relentless, since it started trading. You would understand some people selling ICO coins for 10-20-30% or more of the ICO price, that's logical, but for 10-20% UNDER? Just days after launch, when not even the wallet is out? You, yes even you, know way better than that. Even you can deduct that if you find a cigarrette butt lying on the floor, most likely it indicates that someone actually smoked there...

I am the flak who asks questions because I -and many others- are interested in the answers. You, obviously, aren't. You are just interested in joining a fray for the shake of it. Hey, there are a few like you so, nothing original. You butt in on an exchange between others for no apparent reason or interest, just because. But, since you ask, I am someone that probably has saved a lot of money to a lot of people by denouncing scams on THE WALL OF SHAME and several threads of THE CASE OF.... Most particularly -and related to the BAY case- in Blackcoin, which I denounced and demonstrated it was a scam when it was in the mid 40s. Those wise enough to have jumped them would have avoided the downside spiral that project has suffered all the way to the 7s and below. Whether they choose to post it or no, some of those are -or should be- grateful. No matter. It goes to CREDIBILITY. That's why, unlike you, I don't use or need to use sock puppets. That's why what you post lacks any gravitas and is mostly nonsense -in whichever puppet handle-.

There are very significant differences, you follow?

You should ask for permission when talking to your elders... You are transparent, by the way, little puppet. The balloon is burst, in case you have not realized fully yet.

The short answer is no. A longer answer would be I am going by common sense and law enforcement doing their duty. The actions and declared intentions of LE are very clear of late and a sharp forecast of the future, no matter how it will end that being framed. It is a "business" you don't want to be in, period. And if you are going to facilitate such endeavors providing a distribution network, you HAVE TO, by law, enact procedures to prevent the traffic and distribution of such materials, whether there's precedent or you are willing to be the one setting it. We cannot logically pretend that we are offering a network of anonymous storage and distribution to safeguard the privacy of the customers, without contemplating obvious, evident, inevitable collateral activities that the law will pursue diligently and expeditiously. I know the legal machinery of Ethereum is considering all the [potential options, but other than that, it seems to me that everyone, including Stork, is acting quite irresponsibly and heading towards Silk Road 3.

My question was: What network? Who is storing for Stork as of right now? And does Storj have access to so many hard drives as to be leasing the network? I must have missed something because this just doesn't make any sense to me.

The extent of your responsibility is to make it official, quite simply. All anyone can ask from you, if what you just posted is the truth, is that you state clearly, for everyone to see, that you are a paid contractor hired to do a job, that you are no lead developer NOR project manager but just a contractor responsible ONLY for cloning Halo, build the markets and whatever else you have agreed to. That you know nothing whatsoever of any back end deal or any general direction of the coin nor any possible "connections with Alibaba". It is quite simple, really. Because, if you don't, you have already allowed "them" to build you up to the community as the lead developer and main if not only responsible for EVERYTHING in BITBAY.

It will also help a lot if you clarify the specifics of your agreement. You have already stated you were paid in BTC... only on BTC? no BAY at all? If any BAY, you should state how much and provide the wallet address also, if you want to really be in the clear.

So I'll keep waiting, giving you the benefit of the doubt, and holding a significant dose of skepticism. I hope you come forward and prove it unfounded.

Now, I know you "worked" in real estate -not exactly successfully I might add, but you got your $250 California license-, so you had to learn a couple things... would you tell me just how a DD or no DD smart contract would save anyone 10%? I hope you are not implying a full cash deal... so how exactly buying a $1 million home with 20% down and a Chase mortgage for the other $800,000 would present an opportunity for me to save 10% by using a smart contract? I can easily imagine the face of the Chase agent when I suggest such a thing, it would be worth the price of admission just to see that. Also, the smart contract could be used with fiat, I assume, because the face of the agent would turn purple, beside the expression, if I mention payment in anything but... I doubt you sold a single home during you real estate period, but you had to learn the process to get your license, so please illustrate me as what the practical use of smart contracts or Halo in particular would be in the above scenario.

A few people is starting to see the obvious. As for Halo itself (and NT), it is quite clear that they have no practical significant usability or BC would have rocketed a long time ago instead of keep on languishing at all time lows.

Zimbeck has clearly detached himself -although not yet on the official thread- from the BAY scam, stating clearly he was hired to do a job but he is NOT lead developer, as it is still presented https://bitcointalk.org/index.php?topic=880138.msg9716537#msg9716537. He will deliver the software he is contracted to deliver and that's the end of his commitment. People at BAY still is not aware of this and believe BAY is Zimbeck's coin. They will realize the truth momentarily and the scam will implode very, very quickly.

One of these days, some of these puerile, geeky developers is going to realize that the alt "economy" doesn't exist at all and that it does not cross over to the BTC economy -that exists and is growing... albeit at much slower pace than anticipated. Therefore to create tools for that (non-existent) "economy" is a total waste of time for it doesn't cross over to BTC's economy and it cannot be farther away from actual practical use in the real world.

Everyone and his aunt has thought the "wonderful idea" of creating a crypto e-Bay... they just "forget" that eBay's success is due to the simple fact that it has tens of millions of REAL BUYERS, while any "crypto-eBay" will have a few pot-smoking, no-money-and-living-in-their-patents'-garage 30 year old losers only interested in 4 things (in no particular order): Pot, masturbating, hacked video games and not working a single day in their lives. That's the average demographic in alts. Quite a customer base! No wonder merchants are not exactly trampling over each other to get a piece of that particular cake...

He's making a lot of newbie mistakes, which is kind of to be expected. "It should be easy to fix", you say and I don't know. I have read on their forums that he believes it is quite difficult, though. One thing is for certain: No one benefits from these things -except that "superminer", that is- and less than anyone, IE (unless he IS the "superminer", of course). In any case, that was a very, very nice project that he was not fully prepared, on the tech side, to front. The mess at launch proved that when tens of thousands of coins were mined (up to 30% of the total float, instead a few thousand as they were supposed to be) that shouldn't have been mined. It is proven now, again.

That said, a lot of people is supporting him and his project for the simple reason that he is being quite honest -except in accepting blatant mistakes... that we all know he simply, pathologically, cannot accept-. And the state of the project reflects just that, still sitting at almost double the ICO price, in spite of the tens of thousands of coins that people got for free and in spite of the current crisis that, by that previous measure, is really minimal for the "superminer" is getting for free an insignificant number of coins by comparison.

As a rookie project, he gets and A minus... which will compare with a C across the board for practically the totality of alts. Not bad at all.

Amazing, simply amazing... After a very rough launch in which he was forced to issue refunds because the mining got completely out of hand and tens of thousands of coins (as much as 30% of the total supply) were mined in the first few days, BYC has been A ROCKET, as opposed to 99.99% of all ICOs out there, even quadrupling the ICO price. Even at this time, it still sit above double the ICO price.

And yet, the raw hatred of idiotic individuals reappears on any and all instances.

Amazing indeed.

And you made this thread censored exactly why?

The law would apply whether you are aware or not of the nature of the content you are storing IF you have "reasonable indication that what you store can indeed be unlawful". If you participate in such a "ring", so to speak, you cannot pretend ignorance as to what logically will be one of the main uses, if not the main use of such network. The main point is that you are willingly participating in a network that expressly facilitates the distribution of such materials. Now if you want to believe that it will be above the law and therefore you cannot be held accountable, you choose that assumption much the same way you choose to assume that driving at 90 mph in a 60 zone won't result in consequences.

In answering you last question (and editing it for it wasn't GEMS but OPAL), it is here: http://cointelegraph.com/news/113014/opalcoin-joins-the-supernet-core-partners-with-storj

And, specifically, these paragraphs: Decentralized storage offers many times the security of centralized cloud storage companies such as Dropbox and Google Drive. This is particularly relevant to companies and individuals that deal with sensitive information. Not only would the information be distributed among hundreds, if not thousands, of Storj contributors, but it could also be encrypted with a multisig address instead of a single-signature one, further decentralizing and securing access to those files from the client side.

Actually, Dan Metcalf has answered all those questions... a number of times. And given different and opposite answers in several of those occasions, including once, LIVE, on IRC in which he made patently evident he's GUILTY AS SIN. There's nothing "suspicious" about Dan Metcalf and his dealings with Prometheus: He was, as stated, in his pockets and acting on his commands for the purpose of scamming. End of the story.

Anyone even thinking of touching anything Dan Metcalf does, fully deserves what no doubt is coming to him. In spades.

Oh Zimbeck, Zimbeck, Zimbeck... should I believe you are as naive as you pretend to be? I'm torn here: On one hand, you never finished high school; on the other, you played chess at the competition level and even got ranked... Torn, like I said. OK, I am going to give you, for now, the benefit of the doubt and will explain to you the obvious answer to your question And IF you actually think only 100 BTC was raised that is not only delusional but stupid. What benefit then would it be for Bay to help set up and pay my dev team?: Obviously because, for them, it is a win-win situation either way dear child. You see, if they collected only 100 BTC -and they probably collected more, significantly so, but not a lot more-, that means that they "bought" themselves roughly 2900 BTC of the crap. All those millions and millions of coins, they have been unloading since day one. Including today. And tomorrow. And 100 days from here. REGARDLESS OF THE PRICE. It is all gravy for them, dear Zimbeck, all gravy. When they get their final 33%, they would have gotten back everything they "paid", plus the 100 (that we agree is significantly more than 100) plus all the proceeds from all the sales of their millions of coins AND they will still have plenty millions of coins to unload, all for 100% profits since their only investment in this coin is whatever they are paying you. You got it now? I can dumb it down if you like or feel it is necessary.

The problem here is that, up until now, you have enthusiastically participated in this scam, Zimbeck. Facilitating it, in fact.  For, without you, there's no project. They bought YOU, not your Halo shit, YOU. Why did you accept to be presented as the LEAD DEVELOPER OF BITBAY? That's aiding and abetting, boy. It is in your (legal) interest to post, clearly, that you are just a coder hired to do a job, not the lead developer of the project. 99% oor more of the investors in BAY believe it is YOUR project. It isn't a job that you do, you are finished and bye bye. Not clarifying this, not just here but in their official thread and their website, IS aiding and abetting in which you by know highly suspect -if not know for sure- is an evident scam.

Your "faith" in your Halo and NT is both logical -since it is the only thing that is putting food on your table- and something completely detached from reality. As the price of BC since clearly indicates, there's no use case for any of it. Not now, not in the future. It is an exercise in absurdity seemingly designed to keep whichever crypto currency decides to incorporate it more inaccessible to the users, both initiated and non, both merchants and customers. As you probably know -or should- if you cannot explain, understandably, a project in 2 minutes or less, you don't have a project. pretending that DD escrow can be any solution -as opposite to a problem- is simply carrying blinders to reality. And THAT'S why it won't be ever used and that's why the BC price remains stagnant at all time lows.

Oh and Zimbeck don't flatter yourself... all I know about you is what I got in 5 minutes of Google research plus what you yourself posted regarding your debts. I would not dedicate more than 5 minutes to research you even though I am in your recent stomping grounds and could easily contact people that have interact with you. Not interested at all in anything you do... except when it can hurt people severely as it could through this scam. I havent called you up on Halo before because those who remain invested in BC at this stage fully deserve what they are getting for I uncovered long ago that scam and its particulars, which are posted here in BTCT in painful detail including exchanges with some of the main players, AND cannot be "reached", no matter the amount of evidence exposed, just like you are not going to concede the practical absurdity of your HALO. I'm just explaining to you why the price is what it is since I wouldn't waste my time trying to convince you that you are shooting blanks with it.

Finally, let me give you a small lesson in commerce, because you direly need it: For an exchange (of value, goods, services, whatever...) to be successful, there's only one thing required: TRUST. If the customer, user, recipient... is not as satisfied or close as satisfied, months, even years after he/she ordered the goods/values/services, then the enterprise will very quickly fail. That's why the most successful enterprises in the planet spend huge amounts of money in customer services, refunds and unloading "refurbished" goods. It is the cost of doing (good) business. If you don't have the margins to supports such enormous expenses, then  you don't have a business. Get it? This is not "I got you, go fuck yourself if you are not satisfied". It is just the opposite, in fact: It is my priority, as your vendor/provider that you are satisfied, enthusiastically, fully satisfied... so you will come for more. Again and again and again.

That is not to say there's no place for so called "smart contracts", there is. But not the kind of DD escrow. That is only on your mind Zimbeck, not in the real world... that has been conducting business, quite successfully, for thousands of years based on TRUST. The DD escrow, the entire Halo thing Zimbeck, is not progression but regression. And the price of BC reflects exactly that.

Have a good one and, if you have been really naive -that not honest, that train sailed-, go and post clearly what your job -and only job- is on BAY. In their official thread. In their official website. At least your personal credibility will be safeguarded when the shit hits the proverbial fan.

I'm going to remain quite skeptic about you being allowed to do just that, but I have been wrong before so, hopefully, I will be again this time around. Ball's on your court.

Scotty, boy, your thirst for controlling and censoring has always been worrysome; now that I found out that it was you who got the -otherwise pathetically idiotic- posts of pants-boy, is a few notches higher. Get this once and for all: I am against ANY AND ALL kinds of limitations of freedom of speech. Regardless. No ifs no buts.

That said, I understand the poor moderator here a BTCT acting arbitrarily at times... not that it is an excuse for you have to be a very "special" kind of person to do the job of "moderating" here, but whatever his motivation, I'm sure he dreads the thought of opening his PMs every day to have to read through the enormous pile of bullshit -your complaints included- that he necessarily has to read through. On a daily basis.

Once again: ANY AND ALL kinds of censorship are disgusting as they curtail the freedom of speech we all should strive for. It is also an exercise in futility for stupidity will never be absent from any public forum just as certain as it is the fact that the readers and posters will see through the crap way faster than any moderator and will "self-moderate" on a personal basis. As a matter of fact, being that the "ignore" button exists, any censorship is simply an exercise in absurdity.

By the way, I am back in VRC, the greatest coin on Planet Earth -and way beyond-. I am back in on the trading side, I am still the bagholder everyone knows, which is quite absurd, I admit, but feel that somehow they will eventually come up with some other gimmick that will allow me to exit at a less ridiculous level than the current ones. That could be changing if I am able to get away with a dozen or so more mini-trades for a profit (15-20%) at this level, in which case my bagholding would be easier to unload for minimal loses (if counting small gains of a dozen or so trades IF I am given the opportunity of pulling them off, so interest will entirely disappear by them and you could go on living happily forever after. Meanwhile, and until it gets above 4500, nothing even remotely compares to VRC, not even sliced bread. People is just too blind to see it, right?

Thank you for your answers but, on point A, either it is not interesting, financially (not enough savings) for the user or not interesting at all for those allowing their hard drives to be used. Can't have it both ways. Most likely ANY way.

As for the illegal content, the bolded statement just makes no sense at all, sorry. Illegal content will be stored and Law Enforcement will indeed pursue it, whether the storee has knowledge of what it is in their hard drives or not. And if what is there is illegal, they will be held responsible, one way or another, regardless of the level of encryption.

On another matter, I read now you are selling your network (or leasing its use to be more proper), to others. Such as OPAL. What network is that? You don't have storees as of now to be leasing at all? Or am I missing something here?

There's only one way, only one, in which an ICO, IPO, whatever is NOT a scam: When all the coins are sold to investors OTHER than the developers or their "private investors". Or the ones not sold, destroyed. Demonstrably. As in who owns each and everyone of the twenty (or more) richest list wallets. Otherwise, it is ALWAYS, no exceptions, a scam. By definition and by design.

And even in that scenario, there's still margin to scam: Through mining. Unless it is guaranteed that only a maximum of coins can be mined per day, and that guaranty is kept, you can still be the victim of scam for it is quite possible to mine huge amounts in the first days of a coin if you are adequately informed and prepared for it. The case of SEED is blatant. The case of BYC is just another evidence... peculiarly, in both cases, accepted by at least a small part of the investors, as "normal". Which goes to tell you how twisted the crypto community itself, as a whole, has become.

OP, it has been an expensive and utterly unnecessary lesson. Just stay away from any ICO, IPO, etc. Follow the one's you are interested in closely. Learn to see the reality behind the sock puppet induced kool-aid. Be patient and I guarantee you that you will be able to buy ANY AND ALL coins way below their launching price, I don't care how promising or not the projects are. Jump in only when you feel there's going to be a potential rebound -it's never a sure thing, mind you-, or, for better security, just stay in BTC. You will do MUCH BETTER, short and long term, than investing in any altcoin in which the only absolutely sure thing is that they will be priced in the future much lower than they are in the present. ALL of them.

For, until any of them is actually USED for anything in the real world, all of them are basically speculative scams.

Ah David you almost made me cry... except that I cry for the people that REALLY work and barely survive and not by lazy individuals that concentrate all their efforts in conning and scamming people. And you, Zimbeck, fit that bill. I don't care who your employer is, you are the LEAD DEVELOPER of that immense scam that is BitBay. And you know it is an immense SCAM top to bottom. And yes, you are scamming people. Aiding and abiding. You know they only sold a few hundred BTC. You do. You know they (you?) have been and will continue to dump the coins that they sold with the left hand and bought with the right one. And you participate. Enthusiastically.

You ALSO know that your "decentralized market" is just a gimmick, not a real, practicable thing, just a gimmick fully copied from NXT whose only purpose is actual delivery of anything remotely working so BTER will release the 3rd installment. You know this. And you, again, enthusiastically participate. And, frankly, I do not care much that you are in debt so deep you feel like drowning, really. What you have done all your life so far -chess apart- is WRONG. If you don't make enough to pay your bills, work flipping burgers, ok? But this, maybe these guys that have employed you will get you out of debt. Or maybe they will get you in jail too. Don't know or care. But what you are doing is completely wrong and you know it.

If you have anything remotely valid to say, these forums are read by everyone interested in crypto. Everyone. I am not your brother and there's nothing that you can tell me that you cannot post here, so do or don't, up to you. But yes, what you are doing, for the third time, is VERY WRONG. And it will catch up with you sooner rather than later, because no matter how you choose to want to portray it, you are the face and main responsible for that huge scam you facilitate every single day, in BAY.

Your BitHalo and NightTrader, by the way, are as worthless as the price of BC indicates. See, if people would want to trade in crypto for regular things, like on eBay, avoiding PayPal and its draconian fees and regulations, they would be doing that already massively. Without any need for Halo or NT. There's a lot of quite reputable people ready and willing to escrow anything. Some trading is already going on that way. Has for months. No one needs a pseudo "decentralized" escrow where buyers are supposed to put up to 3 times the price of what they are buying and sellers are supposed to put up 2 times the price of what they are selling. You DO know that but... you need money. At whatever ethical price. So instead of WORKING on progressing  towards ideas that can be furthered by technology, you choose, again -in spite of the spiteful experiences of the past- the short route to... Palookaville.

Not sorry to burst your bubble, Zimbeck, hopefully on time to avoid that a lot of people be hurt by your outrageous behavior. Now, the forum is yours if you want to come with some "brotherly" explanations that ANYONE can understand instead of the idiotic hyperbole you crowd your "whitepapers" with. I, for one, will be all ears.

Oh, and something else, being an extra in Pirates II, although nicely paid and for no matter how many days (I know it was 4 weeks) is not "working as an actor", it is doing work as background or, in popular lingo, to be an extra, which is something quite different much as you want to present it otherwise. The same applies to commercials, local, regional or national, ok? And, you should know, having access to a digital camera doesn't make you a professional photographer even if you profess to take photos for a price. If you don't make a living at it, you are just someone with a hobby, ok?
  

To anyone that is not a full retard, I would offer the obvious, common sense explanation. To an idiotic insulting one like you, I would only offer this invitation: Fuck yourself!

I just posted a bit more here: https://bitcointalk.org/index.php?topic=880138.0

Since it is not related to the three stooges, I'm quite sure you will enjoy it proper.