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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: November 28, 2019, 04:20:43 PM
Seems strange so many people have issues syncing up bitbay. I  came back and started up a new one from scratch immediately with zero issues pretty fast.

I wonder what is stopping some get connections.



2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault [SWAP TO ERC-20 IS LIVE!!!] on: November 24, 2019, 04:16:14 PM
Total carnage of late; exchanges going down, removing credible projects with real use cases from their market places.

Hopefully I still have time to switch these over. I hope these guys pull something solid together soon.

Good to see you here, cryptohunter! And yes, I would suggest you swap them asap.

Emblem is nearing release. When is off course always the question but I can tell this WILL happen!  Wink

Feel free to join the announcement thread on Telegram (no spam only official announcements) or join the chat:

Telegram: Announcements
Telegram: Support chat
Telegram: Community lounge 

cheers

Yes for sure, looking forward to seeing it in action.

Been an interesting project for some time now.

One to keep an eye on certainly.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: November 24, 2019, 04:13:22 PM
Most of the team is not active. Only myself, Yshurik, Craig, Alec as the most active members. Others do participate when they can so just know I do notice and appreciate the contributions of each community member. This does not mean work isn't getting done as right now I'm updating Halo and writing some pseudocode for multisig exchange consulting.

As for the donation, the new QT comes with it built in but it is not hard coded as a blockchain rule. Like I was saying it's like a snake eating it's own tail. We are not short on BAY for paying people, we are short on liquidity for them to cash it out. So better off to spend on airdrops, promotion and market growth. We are patient, we can still survive this bear market. What people will see when the smoke clears is who is still standing. As we are liked by the hard core decentralized devs, cryptoanarchists, freedom lovers, Komodo and Blocknet we can still keep a huge following in the groups that saw Bitcoin for what it was really worth. Promotion will be key now that we have the product, let's see if the exchange will give us a test environment this month.

Okay cool, well so long as we have bay there for promotions I guess it does not matter where it comes from. I was just thinking it would have been best if everyone was contributing to bay to the pot that we use for airdrops and competitions.

We really need to educate people so that they are not wishing to immediately dump bitbay for fiat or btc at these misery levels

Are LA token really solid enough for us to switch on the pegging? I mean unless the other exchange we have now ( the only one CMC is listing) will implement the pegging also will we not have to lose that listing?

Maybe better to just get listed on LA token without the peg first? see how they go or we could end up with no exchanges right?

Why is blocknet not listed on cmc, not the project but their exchange listings volume for other alts?

They must have the required volume by now.

Still I think most people will agree unless we are controlling our own exchange (even super basic like btc/ltc /bay only) and have control over our own CMC listing and something to keep the peg rolling if others boot us then we are always vulnerable.  Just some kind super basis on/off ramp to btc or ltc that can reach the CMC listing threshold in volume even with our annoying churners that love bitbay would be cool.

Shame binance were not interested in REAL projects.

Would love to see a competition running on this board for the best items listed for sale on bitbay web market place getting prizes in bitbay (once we have some sensible volume). Or even just some nice banner for sigs and avatars competition paid in bitbay... or well ...there are a ton of things we could get people involved with.

Cryptobridge does not seem too bad? what have they said about implementing the peg? would be nice to have a few listing with the peg until we get our own stable and fully 3rd party proof exchange.



4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: November 19, 2019, 04:36:07 PM
Cryptohunter, yes the amount of garbage on CMC that is still getting volume is a daily reminder of how we live in some Orwellian/Idiocracy nightmare. To be honest, it's left me somewhat bitter over the past couple years and thinking about how I should have played my hand instead. If I knew consumers were this crazy, I would have been more realistic. On one hand, I want to be a source of positivity for the community and on the other hand I want to be pragmatic.

So with that said, what was accomplished was nothing short of miraculous. The peg running on dynamicpeg.com perfectly tracking whatever price the community sets in a decentralized way. Just like we said it would. And then Bittrex stabs us in the back. Heck, I even got kicked off their slack. Haha. Then again I expected to get kicked off because I called them out for delisting multiple countries that are or have been at war with US military and told them they were a bunch of cowards and traitors to the decentralized movement. And that they turn their backs on the devs that have enriched them and the cutting edge tech that makes their exchange possible in the first place. Haha they were even such cowards they didn't even bother to respond. I still believe the military has a secret hand in many of the exchanges. It's possible our peg is feared among the big players because they know what it can do.

The death of the altcoin industry hurts Bitcoin more than anyone can imagine. The sign of a healthy market is one where anyone can trade and lot's of enthusiasm and cash flow are in the market. It doesn't necessarily mean that "stupid money is healthy" it means that a booming economy will have investors who search opportunity. Once they tighten up on altcoins they do the same thing on BTC. So BTC purists take note!! To go short on altcoins is the same as saying "sell all your stocks and buy Coca Cola stock because it's the only real stock". It's stupid. Altcoins should replace the stock market!! Also ETH tokens are too easy to issue which paved the way for scams. Even though I said this would happen on these forums in 2017 (the vaporware will cause the bubble), for some reason I didn't really set much cash aside. Cassandras complex. I was too focused on the peg and personal issues. Days turned into months and months into years. I knew it would be bad and even told my friend I would rather pay taxes on 15% to 20% than to lose more than 50% on volatility. Then for whatever stupid reason, I didn't really cash so much of my alts or major holdings. I expected 10x decreases and thought I would have been safe at those levels(BAY was not included in my calculation). So why didn't I act on foreknowledge to better my own life and have more power to put into my businesses?!? However, seeing so many coins that were decent down 100x or more is definitely a paradigm that wasn't expected considering BTC holds at 8k with a 65% + market share. BTC has a very unhealthy share of the market. Even though from a branding perspective this is makes sense in a way, from an adoption and volume and growth perspective it's not good.

Maybe we can change things. If only the world would notice.


Hi David,

Yes certainly I can understand your position on this and for sure you have provide above and beyond what could be expected by a single developer by a long way. I mean as you say it is quite mind blowing really and I can not even start to understand how disappointed and upset you must be at this point, not even considering the start of the entire project. I mean psychologically you must be incredibly robust.

Like yourself I think many core believers in bitbay did not make the most of the bull run. However, I don't think we should be disheartened.  For sure we have continuously been at the receiving end of 3rd party fuck ups and bias decisions.

This though can be viewed as a good thing. It has revealed that we must be 100% in control of every aspect of the end to end decentralized and trustless arena that we are trying to create here. It is better to acknowledge this before any kind of semi mainstream adoption since the rug being pulled from under us at a later stage could be far worse.

We must not get disheartened, many have been with bitbay from the start. The issue we have is that although many members want bitbay to succeed there is yet nothing they can really do alone to push for it to succeed.

We need to get some cohesion between real bitbay enthusiasts to reach some level of critical mass that can make some difference and be of real use pushing bitbay forward.

I would certainly agree external investment would be way better and a far greater driving force short term. However I actually believe if we are super smart with our community funded dev pot that long term it is actually even more beneficial is some ways. Also volume/liquidity as you say is critical and fundamental to our moving forward. However we are locked right now into a downward spiral that self perpetuates. The price decreases, the interest decreases, the volume decreases, down down down ( although right now we can not go lower really).

It becomes a very tough task to reverse this spiral when you are at the bottom. You can no longer increase interest (as most projects do) via price and being in a high position on CMC. It is like the investards only use one metric to judge potential success and that is current price direction.

Failing attracting huge external investment ( they would want a huge stake of bay anyway), donations are never going to happen in ANY project that I have ever been part of. Only doge have I ever seen such a thing and that was donations in doge from super whales. BTC is a different ball game so comparisons are not really applicable.

There is still something we have that NO other project outside of the top 50 really has and that is an inventive, 90% completed, function and highly useful tool that has limitless usecases. SO where other projects can not move from the bottom of a downward spiral (partly caused by continual poor treatment by 3rd parties or poor luck beyond our control). We can certainly still build Interest and indeed a desire to have stake in this project we above all projects out there ONLY need to get people using bitbay and educating people to see just how much you get with bitbay for such a tiny tiny starting investment, and failing that just their time and effort.


1. We can put a vote for the Community funding pot.
2. It will not increase bitbays inflation.
3. Every single person out there will have a fair chance to earn some bitbay and a fair rate for their effort.
4. Even those appraising peoples work/effort and allocating their pay will be paid to do so. We will build a self perpetuating group of fairly rewarded individuals.
5. I mean look at the micro jobs and advertising that people are prepared to do for airdrops of total piece of crap projects with no product and just the mere hope of something coming of the project in the end. This is giving people a chance to fairly earn a stake in one of the most useful and complete projects out there period.
6. Since we have the ability to send locked coin rewards we can even control the spending time, we can give packets of coins that are time locked for a future time period .
7. Apart from setting up the initial 5 coin community funding up then I think all the other hassle of dealing with the challenges, jobs, or even payment for larger projects should be managed by the foundation who themselves are paid to manage it all from the community fund. Since I don't see that you David should be spending time on anything that non skilled devs can easily take care of.
8. If we ensure any and all paid work is actually adding value via education, adoption/increasing awareness, advertising or even large projects bring real value to bitbay then since we are not even going to be increasing inflation then over time the volume/demand will rise.
9. With a good management team in the foundation to ensure people are doing valuable and worthwhile work for bitbay there can only be advantage to this.
10.I think future development by you david should also be rewarded from the development pot the same as other people and when you need chunks of bitbay to fund or pay specialists that you deem needed then you can take the bitbay required or if they really insist on bitcoin can take it from the community pot not from your own pocket all of the time.

We need first to look through our community, take the strongest and most adamant bitbay hardcore supporters and form a foundation that works cohesively.

We don't want to much red tape over every single aspect. I think just a public ledger that shows the community pot and details how every coin is spend and on what exactly. Community coins can be released to the foundation and chunks and replenished as they demonstrate via the ledger how they were spent and on what exactly.

Even coming up with great ideas of useful contests, challenges, or even larger projects can be rewarded.

I think it will help in building a far larger community that interested and feel they can actually contribute and increase their stake fairly on how much effort they contribute.

I think we just need to get bitbay web market polished up so people can quickly get logged on get their products on there and get an address.

This entire workload should not be for the developer. We need a foundation of members that are bitbay hardcore supporters that can take care of the entire thing.  Whilst a solution to our exchanges ( I really just seem them as on ramps off ramps really anyway so we can get a CMC top 50 minimum for the free advertising and recognition) not too bothered about exchanging bitbay to other crap coins.

It is quite simple. There is no project out there that comes close to offering what bitbay does at this level.

It is sad to see David even getting a bit demoralized at this point. This is completely understandable at this point after breaking his back and getting no recognition or appreciation or even real adoption due to being held back by 3rd parties, whilst total shit  projects take all the limelight and get all the help and hype.
Even the community does very little to help or push things forward, we all sit there (including me) just waiting for one person to practically make it all happen in all areas.

Let's build a community, educate them so they are not in it for 5 seconds and see the true value of such a project, make sure we have a community that is actually worth having that contributes and is assisting making their own stakes here even more valuable for themselves. The social aspect bitbay can be just as important as the tech aspect for the success  of bitbay and is a lot easier to encourage and develop for many normal (non super tech skilled) members.

Let's get a nice pot of bitbay together and help people understand the real value of that pot not just allow them to see the current pathetic representation of that bitbay and get them to start earning a real stake in their own future.

Let's work on both fronts, build the interest adoption and demand and usefulness of bitbay whilst we work on making bitbay alone self sufficient and free from future fuckups of 3rd parties.

I am quite excited about seeing what we can do here with just a handful of driving foundation members. Of course more can and must join the foundation over time anyway as that scales up.

What have we got to lose at this stage. I am hoping we can also give David the feeling he as a lot of support behind him rather perhaps feeling like a one man show.

Imagine him having to build all this out on his own and then having to pay with his OWN btc for all things like listings (who rip him off like some have) of course he is going to get a bit down hearted about it.

The simple fact is though if you want people all helping and pushing this forward they need some skin in the game. With this they will help and push first then they will be guaranteed skin in the game. No point us hoarding it all for ourselves. However like with every community donation never ever work, people say why should I donate if others with perhaps even lots more coins are not donating? a FAIR community contribution made by all is the only way forward psychologically.  

I actually do not think many people will object if their 5 coins per pos block are used to build the value of their remaining 15 coins per block, it makes perfect sense. Those that can not be educated to see the real and future potential of bitbay are not willing to defer their gratification need not work or contribute to the tasks or competitions or advertising or larger projects. We only want people in the community that want and are willing to contribute to the success of bitbay anyway.

Who is still on the bitbay team and is still active now?

Donations have never worked on any project that I have been with ever, even the hugest whales never donate. If we ever want or must have bitcoin/fiat for things we really need for bitbay the only real chance is to allow purchase in bulk from the community coins of bitbay at the market rate. This could be voted on since we have the voting mechanism.

I would love to build a huge and productive community behind bitbay since it could be so interesting with the market place etc. There are so many cool things we could do to to build interest/adoption/volume and educate at the same time.






5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: November 18, 2019, 01:51:53 PM
Is possible see a sample of a shop created with BitBay ?

Well the desktop software has fully decentralized markets. There are not shops. Instead there are "channels" which are Bitmessage channels with security on the same level as TOR. And the nice thing is they are serverless. To join a channel just type in it's name as that will generate the keys for it. There is a default channel where Bitbay offers are posted however nobody is using it as they are waiting for the peg.

We also have online markets at demo.bitbay.market

After all the working product with the marketplace, there isn't much volume for it and its now just listed to one exchange which has a scam accusation. Maybe some exchanges like Crex can help?


good luck in 2020, you guys will (still) need it lol
There is still volume though. The development was completed already and I guess it just need some marketing and people using the decentralized marketplace. A good product that can only be found there will make it good.




The only safe way forward is to bring it all in house with a perm p2p exchange of our own. The peg is brilliant but it will rely on having a reliable exchange at all times. At any point a centralized exchange can be taken down. It would be nice to have a couple of centralized exchange but the fall back and safety net for the peg would need to be our own p2p exchange.

The main issue with alts is the dilution death they are bringing on each other. This is primarily caused by the fact most new investards are totally unable to evaluate the projects on their real merit and value in terms of actually existing and having been developed, and the possible real world advantages and use cases for that project. They are primarily duped by bunch of scamming marketeers and dreamers who are able to win over investors with dreams and techno babble.

The real alts and real projects with real developers need to start to bring this to the investors attention so there can be a sensible consolidation and the rest of the garbage is left to die.

The main points that need to be addressed still for bitbay

a/ solid exchange of our own p2p or our own centralized exchange + plus some other solid listings. In the end the only solid exchanges will be p2p I think.

b/peg up and running on these exchanges

c/web market place polished up and fully functional with slick user interface

d/we need a FUNDING mechanism ( I would suggest the 20 coin reward reduced to 15 and 5 goes to fund new projects with full ledger0

e/api done and Incentives given ( possibly from the dev fund above to build out their own projects upon bitbay there are so many use cases)

f/Incentives given to get people using bitbay from dev fund

g/bring on some big US reshippers or ebayers who can find nice profits on international shipments now ebay is slapping the very huge taxes and import on the items at the start.

h/start building a marketing team for bitbay, they can be paid out of the dev fund. In fact we need to bring on a larger team that can all be paid out of the dev fund. People need to get on board who want to push bitbay and don't object to being paid and holding bitbay for the future. If we only find people that want btc then that demonstrates they don't really have much faith in this project.

5 coins from every pos block or even 3 would create a huge pot of funds that would really bring on a lot of people who are interested in doing micro jobs or even large projects for us.

You get people willing to do plenty of jobs even for micro dust in airdrops of total shit coins. This is 80-90% completed fully functional and highly useful project.

We need to get together and very driven foundation of members for bitbay, yes they can be rewarded from the dev fund.
However, they will need to be believers in this project not outsiders that want immediate fiat or btc rewards because the volume will need to be built up again after some seriously heavy blows from where we were externally vulnerable and huge alt bear market which will not reverse because the dilution just turns people off even more like one huge downward spiral.

The steps above do not need be tackled in that order. I would say the dev funding pot should be the easiest to implement and should be done first so we have a pot of bitbay ( that is not adding to inflation over what we have now) to instigate now some action. We need to be certainly getting ourselves back into the top 50 as soon as possible. Every investor blowing their fiat/btc on these other crappy scams are unlikely to ever find their way to bitbay.

Bitbay is the best value project out there we just need to get a plan of action and have some driving force from a larger community that are willing to help behind it.

Hey good points. It's always nice to know we have so many crypto veterans such as you who really understand this industry. Like you have said investors are easily beguiled because of snake oil salesmen in suits with websites and vaporware. ERC-20 tokens caused a lot of the bubble as it was more work to launch a chain than to issue a token and they just flooded the market with garbage in 2018.

We live in an "Idiocracy" as the schools brainwash everyone and then as victims of brainwashing the people defend the cages of slavery. Slaves enslaving slaves.
https://www.youtube.com/watch?v=kAqIJZeeXEc

The good news is I'm advising on a few different projects. I took the initiative months ago to encourage people to work on exchanges. I'm teaching a dev on how to create multisig exchange so we should end up having a permanent home.

Consider though that even with an exchange that is secure, it needs volume. Multisig exchange is faster than atomic exchange but many times safer than a central exchange. There are some risks though as raw transactions are like blank checks so the exchange can still take whats on the orderbook (but not whats in the joint account). However debts are cleared as often as financially possible to give a user 100% control over their funds again. Like a green address. Granted lighting would be more secure but that requires lots of wealthy holders of each currency to participate and is a technical nightmare. Thus I consider the best exchange method atomic exchange and then just scale each chain to support the increase in transaction volume. Multisig is the next best thing.

Any good exchange needs to be marketed. Most likely, referral programs, trading incentives and such are good.

BitBay you can drive demand if businesses decide to reward users. This was in my latest whitepaper. One really awesome example is let's say you have a real estate investment trust. This company could issue a stock and then have to face the repercussions of standard bureaucracy. However let's say the business rewards holders of BTC with a portion of the dividends. What's good about that approach is BTC itself is not a security simply because some company chose to put their business on the chain.

Still though, to make a business profitable of any kind even to be in the position to pay dividends requires work. So even with an exchange consider the competitive environment. That's why I hope the exchanges that do use this multisig technique market their competitive advantage and hope that consumers are even able to understand why it's a million times more secure than your typical "exit scam exchange"
Thanks for the reply David. Go to other projects you will not get devs of such excellent projects taking time to give time to answer nearly every question posed on their threads.

It is sad to see bay (more than any other) but also some other okay projects take such huge damage (in terms of price and therefore advertising/support) just because 3rd parties (exchanges/cmc) can give them the boot or mess with them at any time. Bitbay did not fall from 300 sats to 20 sats for any other reason that bittrex kicking bay off the US and then all markets. I  mean bitbay the project is BETTER and more advanced than when we were at 3000 sats.

How about the dev funding pot idea ?  I mean since we have the voting thing now that could be also pretty much fully automated with regard funding larger ideas. 5 coins from every block to a development pot that can be used for all kinds of things gives us quite a lot of opportunities with no extra inflation.

Even some prizes or whatever for listing the best deals for sale on the bitbay market place would be cool, but I mean there must be a million more great things we can do once we have a steady income of bitbay to offer.

Volume (or demand) is totally based on awareness and easy availability to trade or purchase. So it is kind of a spiral that can go either way. We need to get off the downward spiral and on to an upward spiral even if it is gradual and hard fought at the start.

Ideally we need to get a foundation of bitbay hardcore believers together and get some action going and not all sit around waiting for 1 person to do every single thing in every single area to bring bitbay forward.

How many of the bitbay team are still active and fully on board? I realize now the bitbay/fiat conversion is crushed then it will be only the real bitbay enthusiasts that are still willing to work for bitbay or believers that we can educate to truly compare what bitbay offers compared to all other projects out there.

Growing the community and interest/support in bitbay here is crucial.

We are in a tricky spot right now because although we have one of the very best projects there it is like several pieces of the chain were removed by external forces that have crippled us from performing optimally in terms of getting awareness, exchange places, and adoption... those are all kind of related and rely on each other.

I think we can work on all areas but we need more people on board. I mean the dev can not solve all the tech issues and do everything else.

The volume should not be an issue once you have educated people and got the awarness and the easy availability to trade.

I see no reason that with just a few dedicated members using the dev pot to think up ways to get more people involved/educated in bitbay and just one reliable exchange ( even better our very own built into the bitbay market place with just bitbay/ltc  or perhaps something else solid we don't need a ton of shit coins) we can putting bitbay on the upwards spiral.

We simply can not let this project be slayed with the rest just because people do not know about it and do not have easy access to trade it, because external sources have crippled us.

I think the peg can only ever be really secure if we control our own exchange. The peg can only really do so much if exchanges chop away your markets this still scares the shit out of investards or traders and the knock on effects on volume alone can pretty much bog down the entire pegging system. We need to 100% control our own liquidity and guarantee an exchange for bitbay. I can never see a 3rd party as being a safe option.

Volume we can build on our bays own atomic exchange (really just a btc on ramp off ramp but can use something with less fees and more speed that is reliable too maybe doge or ltc)  I don't think volume is gong to be hard to get.

I don't think most bay holders would object to taking 15 or 17 coins per block over 20 if they say those coins with full ledger and voting mechanism to decide where they were in promoting bitbay.

The entire alt markets are diluting to zero. Only a few are going to survive long term. We need to make sure people can see bitbay needs to be one of those. When you look at some of the totally garbage projects above bitbay it is laughable. They have nothing practically to offer at all. It is all a bunch of dreams and they are making no progress at all in any meaningful way for months/years.

We need to start building up some momentum in the community and getting some ideas going here to push bay forward, but a reliable exchange is a cornerstone that a projects requires to have a sensible chance.

Great to see the project is still going forward and would be even better if we had a useful and enthusiastic community that is willing to collaborate and help push things forward. Sometimes you have to give people a small stake and a chance to increase their stake to get the most enthusiastic and optimal attitude from them. A dev pot collected from pos stakes even just a couple of coins per block could help with that a lot.

I don't think any of the big stake holders would mind. I am not a huge stake holder in bitbay compared to some but I would mind certainly having my pos rewards reduced to 15 if everyone else is down for that. No point hoarding more, you need to give people a chance to get some skin in the game. I mean you could reduce it down to 10 for a year to get a nice pot of bitbay for contests etc. So many contests and competitions, micro jobs, advertising could be encouraged this way.  The contests would educate them on what bay offers so only the very most stupid would want to dump straight away for these misery prices.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: November 17, 2019, 12:58:20 PM
Is possible see a sample of a shop created with BitBay ?

Well the desktop software has fully decentralized markets. There are not shops. Instead there are "channels" which are Bitmessage channels with security on the same level as TOR. And the nice thing is they are serverless. To join a channel just type in it's name as that will generate the keys for it. There is a default channel where Bitbay offers are posted however nobody is using it as they are waiting for the peg.

We also have online markets at demo.bitbay.market

After all the working product with the marketplace, there isn't much volume for it and its now just listed to one exchange which has a scam accusation. Maybe some exchanges like Crex can help?


good luck in 2020, you guys will (still) need it lol
There is still volume though. The development was completed already and I guess it just need some marketing and people using the decentralized marketplace. A good product that can only be found there will make it good.




The only safe way forward is to bring it all in house with a perm p2p exchange of our own. The peg is brilliant but it will rely on having a reliable exchange at all times. At any point a centralized exchange can be taken down. It would be nice to have a couple of centralized exchange but the fall back and safety net for the peg would need to be our own p2p exchange.

The main issue with alts is the dilution death they are bringing on each other. This is primarily caused by the fact most new investards are totally unable to evaluate the projects on their real merit and value in terms of actually existing and having been developed, and the possible real world advantages and use cases for that project. They are primarily duped by bunch of scamming marketeers and dreamers who are able to win over investors with dreams and techno babble.

The real alts and real projects with real developers need to start to bring this to the investors attention so there can be a sensible consolidation and the rest of the garbage is left to die.

The main points that need to be addressed still for bitbay

a/ solid exchange of our own p2p or our own centralized exchange + plus some other solid listings. In the end the only solid exchanges will be p2p I think.

b/peg up and running on these exchanges

c/web market place polished up and fully functional with slick user interface

d/we need a FUNDING mechanism ( I would suggest the 20 coin reward reduced to 15 and 5 goes to fund new projects with full ledger0

e/api done and Incentives given ( possibly from the dev fund above to build out their own projects upon bitbay there are so many use cases)

f/Incentives given to get people using bitbay from dev fund

g/bring on some big US reshippers or ebayers who can find nice profits on international shipments now ebay is slapping the very huge taxes and import on the items at the start.

h/start building a marketing team for bitbay, they can be paid out of the dev fund. In fact we need to bring on a larger team that can all be paid out of the dev fund. People need to get on board who want to push bitbay and don't object to being paid and holding bitbay for the future. If we only find people that want btc then that demonstrates they don't really have much faith in this project.

5 coins from every pos block or even 3 would create a huge pot of funds that would really bring on a lot of people who are interested in doing micro jobs or even large projects for us.

You get people willing to do plenty of jobs even for micro dust in airdrops of total shit coins. This is 80-90% completed fully functional and highly useful project.

We need to get together and very driven foundation of members for bitbay, yes they can be rewarded from the dev fund.
However, they will need to be believers in this project not outsiders that want immediate fiat or btc rewards because the volume will need to be built up again after some seriously heavy blows from where we were externally vulnerable and huge alt bear market which will not reverse because the dilution just turns people off even more like one huge downward spiral.

The steps above do not need be tackled in that order. I would say the dev funding pot should be the easiest to implement and should be done first so we have a pot of bitbay ( that is not adding to inflation over what we have now) to instigate now some action. We need to be certainly getting ourselves back into the top 50 as soon as possible. Every investor blowing their fiat/btc on these other crappy scams are unlikely to ever find their way to bitbay.

Bitbay is the best value project out there we just need to get a plan of action and have some driving force from a larger community that are willing to help behind it.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO on: November 06, 2019, 07:19:38 PM
This one is still quite a sleeper it seems. I have been away for quite a time. Is the wallet much improved since the first blacknet one?  I have not been back to my main machine still as yet so will not get to test it for a while.

Does it still look pretty much the same HTML based one or more like a standard wallet now?
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure on: November 06, 2019, 06:57:47 PM
Are there any plans to add Ethereum to the Block DX? Surprised I couldn't find it Smiley

It's answerered in their latest AMA:  https://www.reddit.com/r/theblocknet/comments/dieqsv/blocknet_ama_thread/

It will hopefully get support eventually Smiley

I thought they were close with that quite some time back. Things move very slowly recently will all projects even the pretty promising ones like this. Let's hope the alt market picks soon and development drives forward at a more speedy pace.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: November 06, 2019, 06:44:08 PM
Oh, hey Cryptohunter is back! This must mean altcoin season is not far off.
Really?  Huh
I have never had any experience with altcoin season and the activity of Cryptohunter in the forum. Can you clarify a little bit about that correlation between altcoin season and Cryptohunter, please.
Quote
And I believe Obyte is in a position to rally among the first coins in the new season. I would forget about Bittrex, the listing there doesn't help spread awareness. The better exchange would be Binance if someone would just introduce Obyte to the exchange owners.
First or not, I don't care. What I care about is how many percentage Obyte will rally when it does it, that's all I need for my investment with Obyte.
Binance is a great exchange for Obyte even their total daily liquidity has fallen recent months and I would prefer to see Obyte on Binance someday.

I think binance likely has a lot of "their own " volume. I mean look how they treated blocknet.

If we are solid on bittrex then that is good.

Good to hear their is a good amount of development taking place.
Still stocking up to replenish what those scumbags at cryptopia grabbed.

It's all well saying remove the BB from exchanges, everytime I had attempted this from there is had wallet offline. Admittedly that was quite a while back before I took some time out.

I am going to consolidate into only the most promising and durable long term projects now. The dilution death of alts will bring the rest to zero over time.

Good to see some community actions still here. A lot of projects even good ones communities are pretty much dead.

Of course they will return with the next alt wave but they are killing the chances of their project getting a good pump and all the advertising that comes with it by letting it sink off a cliff however dull the alt market is right now.

Even great projects require some adoption or at least long term holders that give something back.

10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: November 06, 2019, 06:36:18 PM
Is there any reliable blockchain bootstrap to speed up shyncronization?

Also my qt-wallet only shows 3 connections : should I create a .conf file to have a better connection to bitbay network? If so, may please someone paste its content here?

Thanks in advance for your help.


I think your answer may be found at: https://chainz.cryptoid.info/bay/#!network

Be sure to go to the "Network" page as it appears to not be loading all the way in the above URL.

(David can confirm this after he gets back to his computer if you have any further questions.)



Do you mean David is currently away? how is the rest of the old team doing these days? I don't ever go on slack or discord.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure on: October 30, 2019, 01:56:30 PM
This has been a very interesting project for far too long. It is a shame this has not had more support and interest.

How much leakage was there to Binance? how much of the secret sauce did they manage to sample?



They tried but got nothing:

"We were fortunate enough to not share anything private with Binance on this listing application – everything on the shared document included answers that we have otherwise already made public in some form or fashion: our Discord and other chats, whitepaper, Github, AMAs, or if you stopped by our booth and chatted with us at the many events we’ve attended.

However, other projects might not have been so fortunate, and hopefully this news helps raise awareness."


From here:

https://blocknet.co/statement-regarding-blocknet-and-binwance/

That is good to hear. Thanks for the information.
Would be crazy to divulge years of work to  others that would gladly steal it for their own competitive edge.
12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: October 30, 2019, 01:18:08 PM
@CryptoHunter - Yes onward and forward.
I just think the market is still soooo small and because BAY is what Crypto is supposed to ultimately be, that "they" just had to try and "pull it"... out of everyone's conscience by killing it on the exchanges.


@ParsiCoin - You have a very nice looking exchange - congratulations!
You are very young, with very little traffic - for now. Best wishes for success.
Thank you for your interest in BAY.

WORLD NOTICE:
BitBay.market IS FUNCTIONING AND HAS THE BEGINNINGS OF A WORLDWIDE MARKETPLACE.
I do private trading/sales on there now.

BAY is like Amazon, Ebay and Alibaba; however, in a TRULY DEcentralized block chain - for the world to use, FREE.
I think this coin would be perfect for those that cannot access traditional banking and eCommerce systems.


Your enthusiasm for bitbay is what we need more of. It is a shame so many of the members of this community remain silent just waiting for others to build their future for them.

David has provided a fantastic base here and has done his best to push it out there for adoption.

We need now to really bring together on this thread all the enthusiasts and supporters and work together to find a way to push this forward. Surely we will not come this far just to let it all collapse into the abyss of forgotten and abandoned projects.

There may be some huge whales out there with 100's of millions of bay, we need to realize just hoarding and not allowing others to get some small stake by other means that just purchasing will not work. We need to bring incentives to get people using the market place.  The web market place ideally should be synced with the p2p market place fully and completely and polished up a little bit. Then we should run a rewards competition for using and completing (perhaps selling) items on there. It should ideally offer all of the features of the p2p market place as much as possible.

We could also start reaching out to other forums to bring in testers and future stake holders.

The roadmaps were going very well when last we were active. I hope we have not lost momentum due to the set backs and unfortunate actions of centralized exchanges.

Let's start building momentum again.

If we have even 50 members like doc bitbay would be unstoppable right now. Where are the real enthusiasts for this project. I feel the lack of support can only be due to the lack of understanding as to what this project actually offers.

We certainly need to build a minimum level of demand where the peg can be introduced successfully.

We need to build a team of people here that will work and contribute for bitbay not for btc. If you are a real enthusiast for bitbay you will work to build value from this project.

ROI projects that reward ONLY those or primarily those that are willing to invest are essential really going forward.

Just a couple of international bitbay reshippers could totally change the look of the bitbay web market place.

It really needs to work like this of course it would take a little bit to get it going due to the total death and destruction of the volume here in our market places.

We have a plugin or feature that your ebay reshippers (international if possible since the huge fees that are auto slapped on by ebay leave a ton of room for profit.

So you click the ebay items you are offering to resell, the plugin grabs the buy it now price and converts it auto and updates it in real time or near real time to perhaps 120% of bitbays market price and grabs the pics etc and lists it on your account for sale. It also scans that item to see if it becomes unavailable or whatever then auto removes it. The advantage at first will need to be on the sellers side to make the process worth while. This can be reduced as bitbay volume and price is more stable and has more liquidity.  As a seller you could later kick back a sensible amount to your buyers for extra great ratings and get more sales so long as you make a sensible profit per item.

So as a seller as soon as you see the sale generated you instantly check the ebay item is available dump the same amount of bay to fiat, and get the item ordered from ebay.

This kind of plugin could likey be done pretty quickly.  There are some points of risk for the seller these will be mitigated somewhat as volume picks up and liquidity increases. The profit margins are there though to afford the seller great profits without really pushing up the price hugely if at all to the seller. Eventually when all worked through efficiently there is plenty of room for a lot of profit and savings for both sides.

Need to get the volume and demand there first, even better if the peg can be flipped on.

There needs to be a group of bitbay enthusiasts formed that work together. There are some big holders and quite a few old legends all holding but sadly doing nothing to push the project forward.

Donations NEVER work, however ROI projects will certainly work far better.

I have suggested in before but I will suggest it again that david alters the pos rate to perhaps 15 rather than 20 per  and takes the 5 as a dev/advertising fund and use these coins as incentives to bring in new interest via incentives to use the market place, sell things there and many other well thought out uses for those coins. It is the fairest way to group fund since those with most will give the most from their stakes. Since we have the voting feature we can all get together and think of the best ways to use those coins to bring on adoption and awareness.











13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: October 28, 2019, 08:59:35 PM
distribution

Still haven't changed the record, then?  All the altcoins out there which had shamefully gluttonous premines at launch and yet you want to complain about one of the few coins that didn't?  I believe this to be one of the most open and inclusive distributions I've seen.  Can't fault it at all.  Then again, it's not surprising you don't agree with your "unique" perspectives on just about everything.    Roll Eyes

You can not fault giving huge swathes of your minting to competing projects because you have perspectives I do not share.

There was no premine for the developer (not huge anyway) but there certainly was a huge automatic assignment of coins to competing project leaders holding btc freshly taken from the hands of dreamers and chancers.

If Tony had blocked those known addresses as I had suggested at the outset then perhaps it would not have been driven into the ground for years on end.

Gluttonous premines are something I have done more to stand against than any other member on this entire forum. I would suggest you research my post history before disputing this. However, a gluttonous premine in the hands of a developer that will remain with the project and use that premine for long term development is still a step up from handing huge swathes directly to competing projects.

Of course a transparent and wide initial distribution is the what most would consider the ideal. I originally believed it was the only way it should be. However, too wide and too distributed with no single group or individual having enough incentive to push the project forward has been demonstrated to be just as counter productive. A large premine that is transparent with a full ledger is not entirely unacceptable within sensible range.

I am not really open to engaging in this particular aspect of BB distribution unless you can provide a specific example of my prior assessment of this distribution or a suggestion for an alternative tweak to the distribution I had previously suggested that you can clearly debunk as being net negative with regard the non stop crushing of this project in terms of market price.

If you can not fault giving huge swathes of your minting to competing projects that is fine with me.I will remain unique in my perspective that the very notion of willingly doing this is ludicrous.

If the development is strong enough and their remains a clear use case for BB then eventually things should balance up to a point where it is not being dumped into the ground to finance other projects (hopefully that stage is near exhausted) or having such huge whales that they can manipulate the markets at will and have no real loyalty or desire to see BB do well.

Not as dishonest as a premine/instamine, perhaps even noble (in a strange way) but certainly not sensible.

Still holding a lot  and was still accumulating (until cryptopia took a few hundred GB worth away) so obviously not saying it was dishonest or corrupt.  Glad to see it had not been abandoned.

14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published on: October 28, 2019, 06:31:24 PM
I just read something about aptum, may not continue. Let's wait for official news, I could be mistaken.

Elambert has been solid for years, this merger or partnership, whatever it is to be, should be issue or disaster free because a lot of people do have faith in him based on his reputation.

Last I had heard the queue based masternode system was almost there? Bullion is a great name too.

There was a prior attempt to start a new CBX related project that did not end up taking place. Let's hope aptum does go ahead or that bullion does get back on track.

If the queue based masternode design was flawed or there turned out to be insoluble problems with it then that is fine, but it sounded all so very close to completion.. I believe they had turned it out on testnet for a while, so it must have looked promising.
 
To be clear I am a supporter of Elambert and hope that one or both of these projects does well in the future.

What happened to the other long term member of the leadership of bullion? I forget his name now?
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: October 28, 2019, 06:20:00 PM
@cryptohunter: Hey, you're back!
Just install your own wallet, keeping coins on an exchange doesn't help for adoption.

Thank you Loyce. Yes, whilst I agree this would be the safest option, now that I am free to start putting some more time into crypto again, it is nice to keep some on the exchange for churning and hopefully increasing the old BB holdings a little.

I was just wondering how much contact TonyCH has with bittrex bill. It seems they will remove even highly credible developers projects if they deem them lacking in community activity or they are not in close contact with them regardless of the minimum volume requirement they state.

I am catching up with a lot of the token swaps, coin swaps, exchange delistings, exchange closures, dev team mergers etc. This period has been extreme and incredibly damaging for even those alts that have strong development teams and sensible/valuable use cases. Many of the centralised exchanges are taking on a ton of garbage tokens with no actual development at all, and nothing but the unrealistic dreams of marketeers and others that would fail to secure any interest or funding outside of crypto.  They are giving to the boot to real projects with solid use cases and near on complete road maps.

Anyway, still hoping for some success for BB even though there was always going to a be a very tough time due to the strange decision regarding the initial distribution phase.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | POW/POS+MN | 0.10.7.4 - New Self Moderated Thread on: October 28, 2019, 05:39:43 PM
what is nova's issue with quark? the wallet is offline? are they even on the correct and latest wallet?

Annoying and inconvenient for them to take yet another change of direction that requires closure.

Shame to see such a historically important project left floundering around. Hopefully some whale will accumulate enough at some point to bring in some important upgrades that can bring back some relevance to this one.

One of my fav projects, if even for the nostalgic value alone.

17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Obyte: Totally new consensus algorithm + private untraceable payments on: October 28, 2019, 04:51:01 PM
How secure is BB on bittrex? I just realised I have had a shit ton of this snaked away by cryptopia.

Is Bittrex going to give this the boot soon? or is TonyCH still in regular contact and keeping them appraised to the work and updates he is putting in?

Centralised exchanges have been crushing some pretty good projects lately via their antics.

Good to see the thread is still active to a degree but the community seems to have shrunk to almost nothing. That is worrying.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - PROOF OF STAKE - ZEROCOIN on: October 28, 2019, 04:42:49 PM
How many long term holders of darknet/pivx are still on board?
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg on: October 28, 2019, 04:35:54 PM
WOW, if any project here has been a victim of shitty centralised exchanges it has to be this one.

The most sickening thing is missing these at 20 sats. What a crazy turn of events. Imagine cryptopia exiting, bittrex dumping, and nova closing? crazy times.

This project truly offers many unique features that brings that other projects simply can not compete with.

It seems to me that if we had our own truly decentralised exchange built in, that bitbay has almost created the end to end fully decentralised arena.

The only thing this project lacks is exposure and support by some highly influential people in this sphere. The core issue is most members here do not even appreciate what this project offers so have no clue at all on what an opportunity they are missing out on.

We need to educate them and built up a strong community going forward. Alts are diluting to the point where they will all pretty much be worthless.

The community we do have needs to find a way to educate other members on the advantages and use cases bitbay has over 99% of other alts here and give them a way to become involved and have a stake going forward.

This thread needs to be far more active so as to demonstrate the project is still progressing.

To think this was at 500M cap with less features and further from completion by far than this is now is quite strange. It just shows the ignorance of investors and the influence centralised exchanges have over them.




20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure on: October 28, 2019, 04:25:31 PM
This has been a very interesting project for far too long. It is a shame this has not had more support and interest.

How much leakage was there to Binance? how much of the secret sauce did they manage to sample? is blocknet going to get something off of the ground and running before those guys make this kind of semi- redundant.

That would be a real shame you guys have come quite a way.

I guess XC is pretty much staying on the back burner (whatever purpose it has) until blocknet is picking up a lot more interest and bug free?

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