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Author Topic: Why is BitBay price so low?  (Read 9261 times)
cryptohunter
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May 05, 2017, 09:12:03 AM
 #61

Almost hilarious you came to shill.
Shill? Exactly what was I shilling? I was having a conversation with someone else about BitBay AND coins in general, and you showed up. Instead of answering the valid concerns listed, you went off on a massive rant about yourself and some coin features as if you were butt hurt. That's why I view it as not worth responding to.

I'm not even going to address the "humility" thing as it's ludicrous when looking at your posts or even the ANN for Bitbay. You seem to want to get into some sort of who's dick is bigger contest. I will just throw this out there though, that I've been coding and putting out products for over 30 years now, almost half of which "self employed". So I'll be long dead before you catch up in terms of accomplishments and amount of code written lol.

Note that I've never gone into your thread. In fact I've avoided doing so as I didn't want to get into this sort of thing as people just start to chalk it up as FUD etc and it brings out all the trolls. But, you seem to want to go there and so I've been going back through all the initial scam stuff about this coin to refresh my memory of events and have seen a variety of things you avoided answering back then. You seem to have a history of avoiding answering things in fact.  I even completely missed something interesting the first go around. If you want to waste your time answering some questions I can bring up from all of that, then we can certainly go there. But I'm pretty sure you have more important things to do and it wouldn't change much in terms of all your true believers.

Pegging

I can see the peg falling into the situation you described. A few potential risks is it is deflated too much so the price goes way too high and cannot be recovered to that target. Another risk is the network can't agree on a supply so it gets stuck at a certain level.

But consider that there is always changes to the economy and the ones holding. So most likely it would never really get stuck at a specific supply. Someone who buys up 100% of the liquidity would end up seeing the supply inflate. So i think as long as there is consistent demand that is something we shouldn't worry about.

But lets say this happens. Then we would want to consider forking to update the algorithms perhaps?! The cool part about this is that its an awesome social experiment so we can see how it goes and adjust and get inspired to improve upon it with better algorithms.

In theory, we can do it based purely on algorithms without voting but for now I really like combining the two.

That was a couple days ago to the investors. Over here you're saying something different. I do like how you're at least honest in saying you don't have a clue if it will work or not and that it's an experiment.


Come on. Show let's all some class here. Why threaten to bring up all the stuff from the start. There are several threads about it examining it at length I have been through it will a fine comb myself several times.

Let's not all start letting this get personal.

Let's rather discuss the software. It all boils down to this. Is there anything out there that offers more for less ? The answer is actually no there is not. Not that I have located here... there are a couple of small projects that are promising a lot but as yet have not come anywhere close to coding it out.

If you choose to invest in another alt over bitbay right now today then list it here and we can revisit in a years time and compare results. Then we will fairly see who was correct. There is no point arguing over the future nobody can see there with 100% accuracy.

I don't think you're a shill and have voiced some valid concerns however in a risk reward calculation I have factored in I still believe there is not better opportunity right now than bitbay. There are others that are good too but that is my top pick for now. If you have another project that you have compared and find to be an even better chance please tell me about it on PM or here.



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May 05, 2017, 09:34:32 AM
Last edit: May 05, 2017, 09:53:30 AM by Viper1
 #62

Almost hilarious you came to shill.
Shill? Exactly what was I shilling? I was having a conversation with someone else about BitBay AND coins in general, and you showed up. Instead of answering the valid concerns listed, you went off on a massive rant about yourself and some coin features as if you were butt hurt. That's why I view it as not worth responding to.

I'm not even going to address the "humility" thing as it's ludicrous when looking at your posts or even the ANN for Bitbay. You seem to want to get into some sort of who's dick is bigger contest. I will just throw this out there though, that I've been coding and putting out products for over 30 years now, almost half of which "self employed". So I'll be long dead before you catch up in terms of accomplishments and amount of code written lol.

Note that I've never gone into your thread. In fact I've avoided doing so as I didn't want to get into this sort of thing as people just start to chalk it up as FUD etc and it brings out all the trolls. But, you seem to want to go there and so I've been going back through all the initial scam stuff about this coin to refresh my memory of events and have seen a variety of things you avoided answering back then. You seem to have a history of avoiding answering things in fact.  I even completely missed something interesting the first go around. If you want to waste your time answering some questions I can bring up from all of that, then we can certainly go there. But I'm pretty sure you have more important things to do and it wouldn't change much in terms of all your true believers.

Pegging

I can see the peg falling into the situation you described. A few potential risks is it is deflated too much so the price goes way too high and cannot be recovered to that target. Another risk is the network can't agree on a supply so it gets stuck at a certain level.

But consider that there is always changes to the economy and the ones holding. So most likely it would never really get stuck at a specific supply. Someone who buys up 100% of the liquidity would end up seeing the supply inflate. So i think as long as there is consistent demand that is something we shouldn't worry about.

But lets say this happens. Then we would want to consider forking to update the algorithms perhaps?! The cool part about this is that its an awesome social experiment so we can see how it goes and adjust and get inspired to improve upon it with better algorithms.

In theory, we can do it based purely on algorithms without voting but for now I really like combining the two.

That was a couple days ago to the investors. Over here you're saying something different. I do like how you're at least honest in saying you don't have a clue if it will work or not and that it's an experiment.


Come on. Show let's all some class here. Why threaten to bring up all the stuff from the start. There are several threads about it examining it at length I have been through it will a fine comb myself several times.

Let's not all start letting this get personal.

Let's rather discuss the software. It all boils down to this. Is there anything out there that offers more for less ? The answer is actually no there is not. Not that I have located here... there are a couple of small projects that are promising a lot but as yet have not come anywhere close to coding it out.

If you choose to invest in another alt over bitbay right now today then list it here and we can revisit in a years time and compare results. Then we will fairly see who was correct. There is no point arguing over the future nobody can see there with 100% accuracy.

I don't think you're a shill and have voiced some valid concerns however in a risk reward calculation I have factored in I still believe there is not better opportunity right now than bitbay. There are others that are good too but that is my top pick for now. If you have another project that you have compared and find to be an even better chance please tell me about it on PM or here.

Ok. You know what... You and I were having a decent conversation about this stuff and I was valuing our interaction when DZ came in. Since I actually value your opinion on the matter, I'll extract myself from this thread completely. Good luck to everyone.

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dzimbeck
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May 06, 2017, 11:20:26 AM
Last edit: May 06, 2017, 12:03:09 PM by dzimbeck
 #63

Almost hilarious you came to shill.
Shill? Exactly what was I shilling? I was having a conversation with someone else about BitBay AND coins in general, and you showed up. Instead of answering the valid concerns listed, you went off on a massive rant about yourself and some coin features as if you were butt hurt. That's why I view it as not worth responding to.

I'm not even going to address the "humility" thing as it's ludicrous when looking at your posts or even the ANN for Bitbay. You seem to want to get into some sort of who's dick is bigger contest. I will just throw this out there though, that I've been coding and putting out products for over 30 years now, almost half of which "self employed". So I'll be long dead before you catch up in terms of accomplishments and amount of code written lol.

Note that I've never gone into your thread. In fact I've avoided doing so as I didn't want to get into this sort of thing as people just start to chalk it up as FUD etc and it brings out all the trolls. But, you seem to want to go there and so I've been going back through all the initial scam stuff about this coin to refresh my memory of events and have seen a variety of things you avoided answering back then. You seem to have a history of avoiding answering things in fact.  I even completely missed something interesting the first go around. If you want to waste your time answering some questions I can bring up from all of that, then we can certainly go there. But I'm pretty sure you have more important things to do and it wouldn't change much in terms of all your true believers.

Pegging

I can see the peg falling into the situation you described. A few potential risks is it is deflated too much so the price goes way too high and cannot be recovered to that target. Another risk is the network can't agree on a supply so it gets stuck at a certain level.

But consider that there is always changes to the economy and the ones holding. So most likely it would never really get stuck at a specific supply. Someone who buys up 100% of the liquidity would end up seeing the supply inflate. So i think as long as there is consistent demand that is something we shouldn't worry about.

But lets say this happens. Then we would want to consider forking to update the algorithms perhaps?! The cool part about this is that its an awesome social experiment so we can see how it goes and adjust and get inspired to improve upon it with better algorithms.

In theory, we can do it based purely on algorithms without voting but for now I really like combining the two.

That was a couple days ago to the investors. Over here you're saying something different. I do like how you're at least honest in saying you don't have a clue if it will work or not and that it's an experiment.


Not only did I answer your so called "concerns" but I expanded on each one in great detail. However even if you aren't a shill you are a pretty negative person so you do the job the government pays people to do for free! You should look in the mirror and carefully read over your comments and think of weather or not they need improvement. A fair amount of introspection can change your life. This thread is about BitBay of course I can respond to comments about the software I created! You can't be serious

hahahah you think me or any of the investors give a shit about accusations from Bobsurplus and his government mossad friends?? What a joke. Sure bring up the past! I'm an easy target. I was the one that exposed everything and posted my addresses, told the news about it, spent hours on the phone with Ian Demartino showing him my chat logs. I never avoided answering questions. I exposed the project the moment I had enough proof of Bob/Gekko/Dai and Lin were planning to steal from it. AMA. I'm one of the most honest people you will meet.

As for you quoting me from an earlier post, I'm well aware you were referring to that comment before. And you clearly are taking things OUT OF CONTEXT.

I'm not psychic, there is volatility in ALL coins including Bitcoin. Bitcoin goes up and down 10% a day so it doesn't qualify as a currency.

Bitbay is seeking to solve that problem. And you glazed over my point about why forking is a good thing to constantly improve protocol.

So lets talk about the 2 things I mentioned in that post. The 1st about it getting pumped too high on deflation is solved by simply allowing the coin to inflate above 100% or giving a variable interest.

The 2nd concern of a stalemate or someone having too much vote power is easily solved by moving to a purely algorithmic system not based on voting.
So the problems I pointed out have easy solutions. Its just the first iteration of the software will be a sort of experiment on the art form of supply control. Its an art and a science and I want the users to be able to vote in the first iteration because they can partake in the economy.

As for me calling you a shill, yes you certainly sound like one. I've been propagandized by a government agency in the past so I definitely don't take kindly to people who start ignoring the positive things we bring to your attention and only highlight negatives.

You saying "and then DZ came"... hahaha my name was mentioned multiple times as well as the project I spent 3 years coding. So yes I responded when I see people talking behind my back and you said things about the project that are totally untrue and have nothing to do with the tech.

But perhaps the TRUTH is revealed?! You spent your life in the software industry yet you can't make something like BitHalo/BitBay. Apply your talent and work for us. You probably made money, apply yourself to making the world a better place perhaps? You realize I made BitHalo/BitBay self-taught and working alone. Perhaps that bothers you? Maybe you are a little jealous?

Don't take anything personally. I said when you want to have a mature conversation about the technology we can do that.

A product IS THE SUM OF ITS FEATURES. So yes, I talk about features. Nothing compares to this software, and you know it.

But seriously you can bring up the past, call me names or point out things you "think i did wrong" as if you have some bargaining chip over me?? Please I think you confused me for someone who cares about my image (HINT: I DONT). Hahaha... if you are going to judge a person based on obvious propaganda then there is no saving you.
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May 06, 2017, 12:12:04 PM
 #64

To bring things back on topic the massive list of features is here:




And this is the software in action!
https://www.youtube.com/playlist?list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU

It performs unbreakable contracts using 2 party trustless escrow with no middlemen. It can do:
peer to peer cash deals that cant be broken
trustless barter and farm co-ops
unbreakable employment contracts
smart contracts

It was the worlds first decentralized markets:
https://motherboard.vice.com/en_us/article/this-decentralized-bitcoin-market-is-for-legal-stuff-only

Look at the date to confirm.

BitHalo was the worlds first smart contracting platform years before Ethereum and I'm the dev of BitHalo.

And there is just a lot more to it!

So to answer the question of this thread the reason why the price is low as a few people pointed out was a group of guys stole from our ICO and tried to harm my rep, so for 2 years I kept coding without funding while they sold all their coins. And finally they ran out of coins and our price recovered to 3 times above the ico price! (Now Its about 2-2.5 times)

And things will continue to improve. I don't market the software much as I'm busy coding so another thing is, most of the hard marketing work is done by our community and slack team. As we need more employees. So those are some of the things. It's a matter of time before we get those resources and with or without it, I'm going to finish the remaining features you see in that jpeg.

In the meantime, download the software prove to yourself it works, actions speak louder than words and ignore propaganda. "Prove all things". The news fears double deposit escrow. However that is a very good thing indeed. A middle man doesn't want to support software that makes him obsolete.

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June 01, 2017, 11:10:09 PM
 #65

I definitely encourage anyone with questions about BAY to join our Slack, over 600 members strong now!

http://bitbay.market/wp-login.php?action=slack-invitation

The community is growing and we are working very hard, expanding the team, and only just recently a few more features were added to the wallet. Hoping to really raise brand awareness this year.

BitBay team member - Take your markets back!
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June 01, 2017, 11:24:07 PM
 #66

BitBay is so underrated, the developer I can tell from his posts is a very good guy, I haven't invested in it but this is so underrated atm it is unbelievable. I just haven't invested because I don't know if the public will ever catch on lol.
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June 02, 2017, 02:02:12 AM
 #67

People are less aware of bitbay or may be less trustworthy, so less investors are glancing at the project from bitbay so the price is very low. A little analysis that I can review bitbay hopefully rising the price.

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rowenta01
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June 02, 2017, 09:11:46 AM
 #68

Bitbay is just an excellent project. One of the best technically, no doubt.

Over time, forget about the history of which the developer is not responsible, the fabulous development going on, and marketing that will start .. investors will discover this safe value, and the immense potential of this technology. .

Yes the price does not yet reflect the value of BITBAY ..

But that will change!

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June 02, 2017, 09:31:39 AM
 #69

It doesn't really offer anything innovative in my opinion, nearly all the features are things you can find elsewhere. The time of currencies that only offer currency related things are going to be a thing of the past, what it needs is a real life service that brings real value to the coin because there are already hundreds of currency type coins with equally good features.
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June 02, 2017, 09:50:15 AM
 #70

It doesn't really offer anything innovative in my opinion, nearly all the features are things you can find elsewhere. The time of currencies that only offer currency related things are going to be a thing of the past, what it needs is a real life service that brings real value to the coin because there are already hundreds of currency type coins with equally good features.

Lol did you just misread post 65?


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bitbob82
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June 02, 2017, 10:15:40 AM
 #71

People are less aware of bitbay or may be less trustworthy, so less investors are glancing at the project from bitbay so the price is very low. A little analysis that I can review bitbay hopefully rising the price.
in fact too much hard work is needed there. i think majority of people still do not know about it. i think they need to have good knowledge about it and therefore more and more advertisement is needed there, and only then we can get the expected result for this project.
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August 26, 2017, 10:22:34 AM
 #72

any info from bitbay trading group?i'm buy in 0,00000776 and now lower prize.Whether to rise?
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