Crypto is more of a community of traders than investors. True enough.
That said, I think that the trading period prior to December/January (or whenever the hedging takes place) makes that point irrelevant.
It's an easy investment if you put in what you are willing to lose. The only question is what happens after David delivers all of the code...then we find ourselves in a real world investment. People have to buy and sell for this to be a success...smart contracts go a long way to providing a people a reason to move money around in that space...
I'm excited to see what will happen because I am not just waiting for a developer to develop...that much is a given in my opinion. I'm waiting for a populated marketplace...that will be awesome...
two cents...
Don't disagree I just think spotting great investments is about buying them before their value is high and 100% proven. Anyone and their grandmother can invest in FB or Twitter now but what about the guys who saw the potential when they were nothing. Once the full tech is shown and working and people are using the platform it will be too late, the big gains would have already been made. two million dollars... |
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STAY AWAY FROM BAY Zimbeck is up to here in personal debts and is more than probably selling his Black Halo ideas to Pump&Dump groups (probably the Black Hand; possibly several) to get access to quick cash. Everything is vaporware there, nothing at all is new and when and if it is and works, it will be first in BlackCoin. IF, being the operative word. In any case, none of it is of any real value for regulation will be implemented in crypto long before any real decentralized market place or decentralized form of payment really takes effect. Mind you, no one has come even remotely close to DarkSend and no one uses it either. But, above all, please pay attention to all the flashing red flags, ok? 1.- Self moderated thread. Don't believe the crap: Only reason for it is to avoid posts like this one you are reading to be posted there. Because they have a lot to hide and that is the only way they can pretend no one knows their trick. 2.- Read the thread. How come all of a sudden such an amount of "enthusiasts" of the project, post again and again, them all being either newbies or juniors? Draw your own conclusions... ok, I'll do it for you: They are sock puppets; accounts that are operated by a very small amount of people probably working for the likes of Bobsurplus Prometheous, Black Hand, others or a combination of several. 3.- They pretend to have sold a lot in the ICO... Thousands of BTC. Let me tell you this: Even if you would be selling $100 bills in crypto for 90% of its value in today's alts, you wouldn't sell "thousands of BTC". There's simply no money left in crypto. It's all gone to the P&D groups and the crooked devs. Gonzo. I don't care what you offer, you won't get an ico going over 200BTC no matter if you invent something that is better than sliced bread. There's simply no cash, period. How they do it you ask? Well, not discounting than the exchanges could do anything for money, misrepresent figures included, let's assume that BTER did not and they really "sold" thousands of BTC in BAY. If that was the case, they sold it to themselves. You know the old trick? The right hand pays the left hand and everything goes to the same pocket. Trust nothing but what you can see. And what is that? 20-30 BTC per 24-hour volume in Bittrex. You don't need to look anywhere else. That tells you that roughly 10BTC was invested and another 10BTC was divested. Or dumped. Use your brain, ok? Yep, you are going to read a lot of answers to this post, you'll see. Pay attention and you'll see the same newbie accounst and a host of new ones, pretending its FUD. Use your brain. Or throw your money away. Your call. The fact is you haven't provided any FACTS, just conjecture but your opinions actually crashed the price so its just as likely you are the scammer smashing coins down and then buying the dips. I don't have a problem with people highlighting scams. I just don't think this looks like one. For one you have a known face in crypto putting their name on the coin which would be very stupid of him if this was a scam. Ahs there EVER been a bonafide scam from somone who has put their real name on a coin, I mean real scam where the guys just run off and it was all lies? Moderated thread? So what? Sockpuppets, show me a thread that doesn't have them? The truth is we know Black Halo has smart contracts and so this kind of project needs smart contracts working for it to work. Common sense would say this is not only legit but also a very exciting project that is bringing together real known tech into a killer trading project. You got to give more than hunches otherwise you look like the scammer not them. I'm not saying your are wrong but you have given opinion forward as facts which is misleading. You basicically have given zero to prove its a scam. As you have given your hunch I'll give mine. This in a sea of scams and shitcoins is golden and held medium to long term is gonna make a lot of people very rich. To those people you convinced its a scam you are doing them a great disservice cause you scared some away from a brilliant project that has real world utility and potential. |
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Why is this coin worth 1m USD market cap? With nothing released yet?
Why is FTC worth $1.75M? Why are PND and QRK worth ~$1.2M ea.? How about the re-launch of Fuelcoin with it's 50% premine... which is worth nearly four times as much? For that matter, despite definitely having much more 'built out' (as they should considering their age/investment capital) why are LTC and XRP worth ~125X and 275X respectively, as much? Because that is what the market is willing to pay for them. Period. Or I guess more to the point, people invest precisely in new ventures because at one time they were all worth almost nothing at all including BTC. So investing a few hundred or perhaps thousands of dollars into a venture which has a decent potential of becoming a similar valuation in a year or so is a pretty amazing opportunity. As long as you aren't investing money which you cannot afford to risk, and have confidence in the devs and the concept/goals of the coin - is anything else (especially in the first week or so) really all that critical? God knows there's been billions of investment capital funneled into projects/businesses that had far less to go on... at least anyone that was investing in the late 1990's should know of a few thousand. Basically, anything that was web-centric got a $50M+ IPO... and most of them turned into Pets.com, WebMD, or MarketWatch.com... seeing a surge of 200%-500% in their first few weeks... only to be bankrupt or worth a tiny fraction of that amount 1-2 years later. Many had an IPO with little more than a Powerpoint presentation and an MBA or two on their boards - no customers, no stores, no inventory... nothing but a concept. However, some of those investors throwing money at a number of totally unknown IPOs in those days bought Amazon, Ebay or Priceline at less than $20 per share each. If they held even a decent amount through the "I told you so..." crash in 2000... they've seen 2,000% to 10,000% gains from those holdings over the past 10 years. That's the whole point in investing and speculation in general. If you want a proven commodity prior to investing anything - then just invest in the index itself and hopefully get 5-10% gains per year on average (after all it's not without risk either... it's just mitigated by diversity and volume). In crypto terms that would mean just buying BTC and holding only it - don't even bother looking at anything else. On the other hand, since BTC already went from pennies to ~$370/BTC (still a massive gain for early adopters, back when it had nothing but a concept to go on). Despite losing close to 75% of it's value from the top, I still consider my BTC to be the best "random chance" I've ever thrown pocket-change at. I doubt there's much of a chance of it hitting $37K per BTC anytime in the next 2-3 years (or likely ever for that matter). It's more likely that something with a great idea and some dedicated talent behind it can go from $0.001 to $0.1 or even $1.00 - which will get you every bit as much or more of a return if it happens. The bottom line is this: If you believe in the coin/concept/venture then invest what you can afford to risk. If it seems interesting but you're suspicious/hesitant, then check back in a few months. If you're positive it's just another scam/fraud then move along and don't look back. Only time will tell who is right and who is wrong - but debating it over and over in the thread is not terribly productive either way IMO.  Well said! It's a very simple formula really: (Success + profit) = (patience/discipline) + due diligence. There is a clear cut difference between Investing and trading, sorry to state the obvious. Unfortunately Crypto has become a community of traders rather than investors. There is affecting the prices of coins where you can't easily sit in one coin and wait for the long term potential to be reached, even with Bitcoin the chart slopes left to right. The big gains are always in investing still though. Bitbay is clearly a long term bet that this is a system that will take over the current system of Ebay and online trading sites. I personally think this is the best bet that this can be achieved cause it brings the necessary elements together. I completely get why David was hired for this project because his technology is essential for this to work. Someone instigating this project is bringing together the necessary elements and you can see is totally serious about achieving the goal of decentralised trading. So I'm assuming the smart people getting David and his tech in the this project are just as serious in other parts for the project including trading contacts etc. My point is I think this project is more planned and bigger than even supporters realise. I think some smart big players are involved pulling strings, they are serious is my hunch and the ICO was simply seed money to pay all involved to carry out the work. |
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lol people selling will regret it when smart contracts are out this week
Classic price supression. First put a FUD story out. Then you put in a big sell and loads of tiny sells. Then what normally happens is the buy wall receives scared dumpers and the manipulator picks up cheap coins. It should give people confidence that someone is desperately trying to accumulate this coin cheap. |
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That's dumb, everyone has to do it, if you lived there you would too. A dad being proud of his kids, oh the shame of it! So if a Dad is proud of his son is serving in the military in your country does that make them part of a mass surveillance plot..too retarded. http://en.wikipedia.org/wiki/Conscription_in_IsraelAnd try not to be too suckered into the media that has made everyone think Israelis are killing poor innocent Muslims, brainwashed... The Zionists many of us are worried about are not really related to actual average Israelies but to a few individuals who happen to of founded Jews banking families. Against indigenous people hahahaha Read the Bible and then go and see if the indigenous people in your country are living there and in charge? Umm no, if I was there, I'd rather go to jail die than serve in that army. You've obviously skirted around the issue of Daniel's hasbara admission. This guy is a proud Zionist, so stop trying to make it look like he is a victim of his circumstances. If an Iranian guy came here looking for investors, and it turned out he was proud to serve in the Iranian army and specializes in spreading Iranian propaganda, would you be okay with that? What is 'try not to be suckered into the media' supposed to mean? The links I posted all go back to Israeli sources and one to Edward Snowden exposing Israeli espionage on Americans and how the nsa considers them a security threat. Palestinians are not all Muslims, so if anything, you're the one who is ill-informed. I don't know why you're laughing about the plight of the indigenous people and asking me to read the bible. Do you think a country using weapons provided by the mightiest army in the world to kill innocent children is funny?  Anyone thinking about investing in this company should ask themselves if they want their money going towards Israeli murder, oppression and transgression. Want to share what country you are from? |
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See here: http://il.linkedin.com/pub/daniel-peled/21/833/734Peled1986 is not a dev. His specialties include academic research and writing, legal research, public speaking, Hasbara. Don't see anything about programming there. Maybe he'd like to share with us details about his hasbara work, as I'm sure he must be very skilled in that field. How much does the Israeli government pay you to shill for them Daniel?  How many Palestinians did you murder lieutenant peled? I wouldn't invest half a satoshi in a venture that contributes to the economy of the rogue nation of Israel, which is notorious for spying heavily even on their closest allies. For all we know, it could be the shin bet that is developing GEMS to spy on users. I have doubts about this coin but what an asshole thing to do to publicly trash a guy. There are very few people who put their public profile forward in crypto, he could of stayed anonymous. So firstly even if you disagree with the views of the Israeli government choosing not to invest in someone from that country would rule out say anyone investing in Bitcoin or any coin coming out of the US which has by far the worse record of surveillance of any nation today. Plus you got to add that Daniel would have national service so he had no choice plus he clearly does have a negative view of mass surveillance cause he's built a friken app to avoid it! Plus he has been clear he has no programming skills and has a team doing that and that he has a Law background. |
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Maybe its me but I wish the price wasn't so locked on and focused on 250-254 range. Who is supplying the market at these dull prices, as soon as they stop the price will rise cause people want this coin. I've had 6 months of staring at the same price for Qora, I can't bear a dull market again.
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- Does one has to have an IOS device to be able to buy Gems during invite/public sale? Since they need to be stored somewhere
- How many Gems does one receive for inviting a new person to the Network?
- What is an airdrop share? Since you mentioned air drop share is multiplied by total gems owned.
- Will Gems be available for trading after the crowdsale ends or from the start of the crowd sale?
Read the OP and whitepaper. |
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I don't agree and it hardly is good promotion for BitBay. It is what it is a decentralised trading point with zero trust needed, Ebay/Alibaba on Crack without the fees, pardon the drug reference. I still think people haven't understood the significance of this project yet. Its a trillion dollar market! It's maybe not the best promotion, I agree, but for me it's a fact that it will be used for both legal and illegal trades and in that way will become a sort of successor to SR. Sure, and I can see the evolution point your making but this will be the kind of description that the media and those in power will throw at Bitbay so It isn't in our interests to describe like that ourselves. Plus there are some real world people involved in this project who probably don't want to go to jail. |
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I don't agree and it hardly is good promotion for BitBay. It is what it is a decentralised trading point with zero trust needed, Ebay/Alibaba on Crack without the fees, pardon the drug reference. I still think people haven't understood the significance of this project yet. Its a trillion dollar market! |
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Good thing about more exchanges is someone can't play around on BTER with the price. Time to move up! Or arbitrage.
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Everyone needs to calm down. ICO ended 2 days ago it'll take time before it hits other exchanges. Why do you want it to hit Trex so badly?
Just transfer it to your wallet and stake if you don't like bter and wait till hits trex.
I presume anyone who wants it on trex is just looking to run away with profit. If you're in for long term you should already know that sooner or later it'll be listed on all exchanges...so why make it a big deal?
There are other things that are listed in roadmap that needs to be done and they're WAY more important than running after exchanges to get bitbay listed. May be we should put more focus on working with roadmap rather than getting all tossed up about bay being on trex or other exchanges.
Absolutely! Being eager to catch the next pump and dump is NOT something good for the community or the coin. To support the project we need to focus on what really matters. First, we need to achieve the technical milestones. I don't worry at all about that, ICO money will see to that. But even more important is to see those features being put to actual use. I want to see Alibaba suppliers using the smart contract technology to actually deliver products.I want to see an increasing number of customers / end users actually using the escrow features in BAY to actually buy and sell things. The technical features are NOT a monopoly of BAY. There are many coin projects (SuperNet, VIA, DC, Counterparty, Maidsafe) that compete for real life adoption. If there is anything that the community must push for is getting this technology into actual use. That is the only way we can see valuations of $0.1 or even $1 in the long run. Getting to bitrex to sell at 600 Satoshi because devs will achieve MilestoneX is OK but we've seen this movie a hundred times already and it doesn't end well.... I for one want to listen and discuss with BitBay team ideas and plans above the technical milestones: how to market the new features, how to get people actually use them! x1000 Everyone should put more emphasis on making this coin work in real world and that's where all the efforts need to be put. Getting it on exchanges should be last thing in our list and I hope bay team understand this and don't get distracted by these people who're just waiting for another pump as soon as hits trex. This is still an investment at the end of the day but it's a long term one, probably the best long term one in Crypto actually. It has value cause it links with the real world or trade, when coins dont have this they are purely based on hoped for imagined value and use but this actually has a clear cut usage plan. People if they get the significance of this project would be buying hand over fist. The only reason I'm not is I already did. People are going to feel stupid that they sold this coin at these prices...I guarantee it. |
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I just read through the OP again, this thing is potentially massive and in theory of the tech works then it can't really fail long term. I have one question, you say you will populate the decentralised market with our contact list from Alibaba. Can you talk a bit more about that, how extensive this contact and list is, hundreds of products, thousands? how varied the categories? I gues this is just a starter to get the market going?
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What kind of fool buys into this ICO and then sells straight after at a lower price?
there are many different reasons 1. believed the FUD so sold 2. Impatient. thinking they have seen a different coin offering better chance of profit 3. Manipulation and selling into own buy/sell orders 4. The didn't believe the FUD but they think that it will still have a overall downward effect on price for the next few days and are selling in hopes of it carrying on down to pick up more 5. just selling cos they bored 6. Profit takers hoping to hop in and get some quick profit and back out again but didn't manage to There is many different reasons To be honest it was more a rhetorical question but thanks for the reply. |
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What kind of fool buys into this ICO and then sells straight after at a lower price?
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Reanto is trying to get away from Qora after realizing this is a scam. He's a scammer and tried to pump this coin at the same time he was selling. Do not buy his coins and sell qora to make it harder for him to sell. He has to pay.
Like I said, Qora hit 3 satoshi today. Too bad that coward nextgencoin will not meet his end of the deal and pay my 5 btc. I didn't sell a single coin, specially because I gladly don't own qora any longer.
Here is something else I'm gonna hit right as well: Developer will disappear and qora will hit 1 satoshi in less than 10 days, then ultimately die. Anyone wanna bet like a man this time？twinerds will scrow for free
I would buy 1% of the coins for half satoshi each if more people are willing to save it even though it's just a nxt clone and the developer will disappear
Dude look at the vol, its still only 5 BTC and the price went down to 3 sats, that's why I backed out of your definition of going to 3 sats bet cause I realised your game and that it only would take a few BTC to do it artificially in a flash crash. Play your games on the exchanges nobody cares especially me. So you dumped your coins for half the price they will be in a few months...well done. |
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Please can this thread be OVER moderated and everything with a hint of FUD deleted, its tiresome I just want to read about the project and what can be done with this technology.
The fact is there is nothing wrong with an ICO which is what people seem to be against, its peoples freedom to invest in whatever they want to thats why Bitcoin exists so people can have freedom and choice. So please if someone FUD's don't respond to them just let the MODS delete them and act like they didnt post until they do. Responding to FUD is actually as bad as FUD. And the truth is FUD is 99% of the time designed to lower the price so they don't really have a legitimate criticism of the project anyway.
Stating the obvious but it needs to be implemented.
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Damn! I completely missed this ICO. I don't have a Bter account, when the Bittrex trade will be enabled?
Takes a minute to join BTER? |
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1m marketcap and 28th on the list. If this coin delivers what it promises to its a top ten coin so we can expect at least 10x multiple from where we are. http://coinmarketcap.com |
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