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.