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Author Topic: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open  (Read 339392 times)
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BlindMayorBitcorn
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December 18, 2014, 02:10:13 AM
 #5081

This thread is better than Coindesk.
what would be even better would be to know who is  behind all these shill accounts, and what all their roles are in this story.  Grin

Not hard if you're paying attention

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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dload.1
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December 18, 2014, 02:15:16 AM
 #5082

This thread is better than Coindesk.
what would be even better would be to know who is  behind all these shill accounts, and what all their roles are in this story.  Grin

Not hard if you're paying attention
i hear who one shill account thinks the other one is. Smiley
BlindMayorBitcorn
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December 18, 2014, 02:29:26 AM
 #5083

This thread is better than Coindesk.
what would be even better would be to know who is  behind all these shill accounts, and what all their roles are in this story.  Grin

Not hard if you're paying attention
i hear who one shill account thinks the other one is. Smiley


I hear that there's now infighting among the shill accounts. Soon this thread will be like a paradoxical novel. A box in a box in a box.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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December 18, 2014, 06:54:50 AM
 #5084

This thread is better than Coindesk.

 Grin Grin Grin

Cannot say it better.

XC | XST
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December 18, 2014, 07:12:16 AM
 #5085

I've had way too much to do between work and family in for the holidays... but I'll be damned if I don't at least find a few minutes every 6 hours to check this thread for the next installment.

I feel like a soap-opera addicted housewife.  Cheesy

@BlindMayorBitcorn: This. Far better writing and ironically (considering the topic) it appears to (now) involve much less horseshit. LOL!
The Sound And Fury
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December 18, 2014, 07:37:47 AM
 #5086


Once upon a time there was a guy named Bob .....

https://bitcointalk.org/index.php?topic=896480.0;topicseen



Part 6.  The Fall of the Salamander

Gentle readers. Look at the stage.

There is movement now. Different shades of darkness within the darkness.

You can see the ronin, my former brothers-in-arms, warming themselves around fires in the shadows of Paul and David. But they are fewer now. How many of you are left?
How many of you have laid down your weapons and withdrawn to your homes, your families?
 
You can see the darkness that has enveloped Bob. The darkness of a leader without followers, cut off from his greatness. Alone.

You can see the battle camps of Paul and David, ringed by the fires of their ronin.  They have found each other in the darkness. War makes strange bedfellows. Now they are pegging their fortunes and trying desperately not to fall.

Deep in the backround you can see Lin. Unmoving. Invisible. Betting that everyone will finish each other off, leaving him unscathed.

You can see Steve. Tied to his sins, roped permanently to David. Sinking slowly in this wine dark sea.

But you cannot see the Salamander.

He was the first to fall.



_________________________________________



When the Salamander saw what was happening in Cambodia he should have just walked away. He should have gotten on the plane and messaged Bob it’s a clusterfuck. Keep the fuck out.

But he didn’t.

The Salamander was a fixer.  He was not supposed to be the fixer in BitBay though. He was supposed to be the briefcase man, the bridge between the Chinese and Bob. After all, months earlier, the Chinese had brought on the wunderkind Zimbeck; no one imagined that Zimbeck would become the one thing that needed fixing the most – but the one thing that could not be fixed.

For starters, Zimbeck was in Cambodia. The logic was that Zimbeck could hire and train a team of Cambodian devs for a fraction of what that might cost in the West. There was just one problem with this. There seemed to be no devs in Cambodia. And Zimbeck was having no luck training devs himself. He was even having problems getting the first Bay wallet to compile.

The Salamander looked at this situation, and looked at the BitBay roadmap. Smart contracts were supposed to be released in three weeks. A functioning decentralized market in less than two months. This was clearly a situation in need of fixing.

There was another problem. David began to tell the Salamander that of all the technology he was working on, only the pegging would be exclusive to Bay. Everything else – the multicoin wallet, the markets, the mesh technology  - would be shared with Halo. He even told Salamander that the Halo Nighttrader and markets would be released about the same time as BitBay.

The Salamander knew this was a headshot for BitBay.  BitBay’s whole identity was to be the first online decentralized marketplace. To have Halo offering essentially to license the same thing to anyone who came along made no sense at all.  Again – here was a situation that needed fixing.

But there was a problem. Somewhere along the line, David had become a partner in BitBay. So no one could tell him what to do.

It is standard operating procedure in any corporation, even in politics – that when one takes on a partnership role, one must divest oneself of any asset that can lead to conflict of interest. But this had not happened here. David was full speed ahead on Halo. While being a partner in Bay. And since he was a partner, no one could exert any authority over him.

The situation could not possibly be fixed.

This was the Salamander’s fatal mistake. He should have turned around and messaged Bob, it’s a clusterfuck. Stay the fuck away.

But he didn’t. He set about trying to fix the situation.

Gentle reader. You all know what happened next. David and the Salamander fought each other to a bloody finish, first in private, and then in public.

The irony in David’s situation is this: he was a full partner in Bay. Bay was not yet tarnished – it had heavy backing, and a shot at being the first true decentralized marketplace in Asia. If he had just ported Halo into Bay and respected basic divestment procedures, he could have been rich beyond what Halo would ever make him.

Instead, there he is, gentle readers – before you on the stage. Encamped in the darkness. Exiled. Surrounded by rings of believers, and the fires of his ronin.

We will return to David. But first we must witness the rest of the Salamander’s fall.


To be continued.

1FSoiJ2eLKw4Gso8M1uF9jSnAmogx8Xtnr
kitey
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December 18, 2014, 07:40:07 AM
 #5087

Intermezzo:

This was to be the responsibility of Bob and his group, in return for their share of the ICO.




Maybe want to rephrase this part ??
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December 18, 2014, 08:46:43 AM
Last edit: December 18, 2014, 09:18:12 AM by dzimbeck
 #5088

lol the story is funny but its pure unadulterated bullshit. I asked them everyday to help staff(and was ignored). I never had problems compiling a wallet, I was adding a detailed history tab and fixing a long list of things in Halo that were shown in my changelogs... that nobody read. Anyone who compares the original BitHalo to Bitbay will see what I'm talking about.

Meanwhile Bob and Ryan still have stolen 1000 btc. This is their idea of "marketing". Fake bitcointalk profiles dont count.

And again, I was never a "partner" Bob and Gekko kept slapping my name on everything saying "you are the dev" or "be the partner". I kept getting angry about it too. Eventually I just went along with and ignored it because title didnt really matter to me as long as I could develop in peace.

And the part about finding coders? I hired three coders before the Bay project was proposed to me. But they were too slow and it was hard to find more.

I asked (anyone) to get of their lazy asses and work to get some staff (you know, like they promised). But nobody did. I would get messages like "Okay we will do that"... and nothing. They had to be the laziest group of people I ever worked with. What was their incentive to work? They got paid. Mind you, I had an incentive to work. They couldnt even get me a HR person.

No what really happened is all these guys got paid and just ran away to do other things. Ryan and Bob would come in from time to time with a new tactic to extort money. They even tried to extort 1000 btc from BTER.

All while they were provoking me with fake profiles on bitcointalk.
The Sound And Fury
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December 18, 2014, 09:28:49 AM
Last edit: December 18, 2014, 09:55:02 AM by The Sound And Fury
 #5089

Intermezzo:

My former brothers-in-arms.
 
There is nothing more dangerous than unpaid soldiers.  All of you got your share of the BitSwift ICO. But many of you were paid nothing from Bay.  

You now have two scores to settle. One for money, and one for revenge.
 
Some of you are now riding for Paul. He became your leader long ago. Your saddlebags are filled with Swift, and your fate is thrown in with his.

Some of you are now riding for Zimbeck.  Bob did not pay you your share of the Bay ICO, and Zimbeck was right there when you turned. He wanted revenge on Bob and the Salamander. And so did you. And now, your bags heavy with Bay from the ICO, you must ride for Zimbeck if you hope to ever get out alive.

Some of you are still riding for Bob. You were paid from the BitBay ICO. Nothing has changed for you.

Oh my brothers, I see you. I see each of you. I recognize you in the torch light as you pass. On your way to strike a hidden blow for Bob. Or Paul. Or David.
  
I do not judge you. You are ronin. You are my brothers in arms.

Do not judge me for telling this tale. My dagger is not drawn for you.

1FSoiJ2eLKw4Gso8M1uF9jSnAmogx8Xtnr
Bavaria
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December 18, 2014, 09:29:32 AM
 #5090

Bob your days are numbered, Carl and Joey are talking, and it ain't pretty. Get out while you can.

Outta here....


yeah numbered


$2400
$386
$10500

lol...

I got all kinds of numbers...


So now poor BitBay is the next coin Bobsurplus will destroy...
Gabralkhan
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December 18, 2014, 09:44:49 AM
 #5091

http://www.coindesk.com/florida-group-faces-fraud-charges-alleged-altcoin-pump-dump/

I can't wait to see the same kind of legal prosecution on BitBay and all the scammers that profited from it...
barabbas
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December 18, 2014, 09:47:10 AM
 #5092

Poor pathetic Zimbeck the Turd...

To think I offered you the way out all along... but greed, oh greed, what a powerful tool of darkness you are...
dzimbeck
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December 18, 2014, 10:25:54 AM
 #5093

Poor pathetic Zimbeck the Turd...

To think I offered you the way out all along... but greed, oh greed, what a powerful tool of darkness you are...

Thats a funny thing to say considering your profile is fake.
Pansyfaust
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December 18, 2014, 11:24:47 AM
 #5094

lol the story is funny but its pure unadulterated bullshit. I asked them everyday to help staff(and was ignored). I never had problems compiling a wallet, I was adding a detailed history tab and fixing a long list of things in Halo that were shown in my changelogs... that nobody read. Anyone who compares the original BitHalo to Bitbay will see what I'm talking about.

Meanwhile Bob and Ryan still have stolen 1000 btc. This is their idea of "marketing". Fake bitcointalk profiles dont count.

And again, I was never a "partner" Bob and Gekko kept slapping my name on everything saying "you are the dev" or "be the partner". I kept getting angry about it too. Eventually I just went along with and ignored it because title didnt really matter to me as long as I could develop in peace.

And the part about finding coders? I hired three coders before the Bay project was proposed to me. But they were too slow and it was hard to find more.

I asked (anyone) to get of their lazy asses and work to get some staff (you know, like they promised). But nobody did. I would get messages like "Okay we will do that"... and nothing. They had to be the laziest group of people I ever worked with. What was their incentive to work? They got paid. Mind you, I had an incentive to work. They couldnt even get me a HR person.

No what really happened is all these guys got paid and just ran away to do other things. Ryan and Bob would come in from time to time with a new tactic to extort money. They even tried to extort 1000 btc from BTER.

All while they were provoking me with fake profiles on bitcointalk.

By Ryan do you mean Ryan Pumper?
The Sound And Fury
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December 18, 2014, 12:21:28 PM
 #5095

Once upon a time there was a guy named Bob....


https://bitcointalk.org/index.php?topic=896480.msg9867986#msg9867986


Intermezzo:

My former brothers-in-arms.
 
There is nothing more dangerous than unpaid soldiers.  All of you got your share of the BitSwift ICO. But many of you were paid nothing from Bay.  

You now have two scores to settle. One for money, and one for revenge.
 
Some of you are now riding for Paul. He became your leader long ago. Your saddlebags are filled with Swift, and your fate is thrown in with his.

Some of you are now riding for Zimbeck.  Bob did not pay you your share of the Bay ICO, and Zimbeck was right there when you turned. He wanted revenge on Bob and the Salamander. And so did you. And now, your bags heavy with Bay from the ICO, you must ride for Zimbeck if you hope to ever get out alive.

Some of you are still riding for Bob. You were paid from the BitBay ICO. Nothing has changed for you.

Oh my brothers, I see you. I see each of you. I recognize you in the torch light as you pass. On your way to strike a hidden blow for Bob. Or Paul. Or David.
  
I do not judge you. You are ronin. You are my brothers in arms.

Do not judge me for telling this tale. My dagger is not drawn for you.



______________________



The Salamander was falling apart.

By now, he was the only leader left in the group. Bob was AWOL, and Paul had left the group in late October, leaving only the Salamander to hold things together.

The Salamander was spectacularly unsuited for this role. He was quiet, prone to mood swings, and exhausted from weeks of trying to fix the BitBay situation. He felt like he was the only one in the group working hard. Bob was nowhere to be found, and without a leader, the group was coasting; except for the occasional tweet or forum post, no one seemed to be doing anything. Bay had gone briefly above 300 just after the ICO, fallen back to ICO price, and then began its steady decline.

The situation in Cambodia was going from bad to worse. Zimbeck was unable to compile the first Bay wallet, which the exchange would require to release the first ICO funds. The Salamander stepped in and fixed the situation, bringing in another dev who solved in a few hours the problem that had stumped Zimbeck for days. A fight then broke out in which Zimbeck berated the dev and called him a monkey, ending any chance of further help.

The development schedule fell more and more behind. Zimbeck spent increasing amounts of time and energy on the forums distancing himself from the Bay project. He was a partner in BitBay and had received his share of the ICO funds already - facts he was keeping hidden from public view -  so nothing could be done to bring him into line. Even worse, a massive amount of free coins had been released to David. David refused to lock these coins up in escrow.  This made any kind of pump from Bob’s side far too risky. Bob made it clear to the Chinese he would not risk a pump until David’s coins were safely locked away. David refused. The situation was at an impasse. There would be no pump.

It was now weeks after the ICO. Bitbay was steadily dropping in price. None of the elements needed for a marketing push were being delivered to the Salamander. The website could not be built, because there were no screenshots of smart wallets, or coherent written explanations from David as to exactly how any of the promised tech would work: hedging, pegging, the marketplace, smart contracts, or the mesh tech. And when the smart wallet was finally delivered a week overdue, it didn’t work.

Nothing to market with. A broken wallet.  No pump machine. A dev who was answerable to no one.

He was trying to fix BitBay, and he was getting nowhere.

During the same weeks, the foot soldiers were looking to the Salamander for answers that were just not there. They had been told that they would have to ‘work hard’ this time to get an ICO cut – but it wasn’t really clear what that meant. And they had not gotten paid. They were waiting for the pump to begin, but with no marketing materials, a broken wallet,  and no Bob – there was nothing to pump on.

They began to simply blame it on Bob. So few of the ICO’s dirty little secrets were known to them – the fake BTC at BTer, the problems behind the scenes with David,  the immense number of free coins that were actually out there – that the foot soldiers simply could not understand why the coin wasn’t being pumped. They could not understand the simple sentence they kept hearing again and again. It’s not our coin. It’s not our coin.

The price of Bay kept falling. The foot soldiers bags grew heavier. The mood grew more foul. Everyone wanted answers from the Salamander. And he had none.

He grew sour and bitter in the group chat. He spoke openly against Bob. This went on for days until others began to tell him they were sick of his moaning, and that he should leave.

It was that very evening that Bob finally returned to the chat. Back from his trip, moved into a new apartment, internet finally hooked up.  He was in a jovial mood and did not notice the mutinous atmosphere when first arrived. People began to question him about getting paid. It seemed as though Bob was not taking any of it seriously. He told the Salamander to lighten up.

And that was all it took.

The Salamander left the chat. His icon blinked once. And then it was gone.


To be continued.

1FSoiJ2eLKw4Gso8M1uF9jSnAmogx8Xtnr
barabbas
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December 18, 2014, 12:32:11 PM
 #5096

Poor pathetic Zimbeck the Turd...

To think I offered you the way out all along... but greed, oh greed, what a powerful tool of darkness you are...

Thats a funny thing to say considering your profile is fake.

Wouldn't you like to believe that? I brought the entire house of cards down, boy. Have you seem since when I am hanging out here, how many scamas I have seen AND PUBLICLY PROVEN AND DENOUNCED? Are you really that thick? Really? Or just completely out of options, totally desperate and beginning to see that you jujst chose to become a pariah?

You will realize, believe me. Very, very soon.

And many years from know, me, with my only handle, will continue to call out the Zimbeck the Turds, the crooks, that litter cryptoland.

You chose harakiri for a fistful of BTC. Carry on. You cannot stop it.
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December 18, 2014, 12:33:00 PM
 #5097

@ The Sound and the Fury:

Brilliant, positively brilliant.
Cloakko
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December 18, 2014, 12:40:51 PM
 #5098

@ The Sound and the Fury:

Brilliant, positively brilliant.

+1

Nice story...

I understand more now the BitBay fiasco.

#BitBayTotalFiasco

XC | XST
Mig-23
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December 18, 2014, 01:38:04 PM
 #5099

funny,.. Grin
the war of argument in here
and like film holywood
LOLATYOU247
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December 18, 2014, 01:53:55 PM
 #5100

Let's crank this mother up to 11

Dug through Jose's profile (or should I say Barabbas?)

Found this little interesting tid-bit from June (I've screenshotted it for posterity)

https://i.imgur.com/1bmibb6.png

Now I know what you are thinking-- "So what, who cares? How is this relevant?"

Well a simple Google search of the zippercoin address reveals something even a little more interesting.

https://i.imgur.com/vlboTib.png

Whooooaaaaa is that our friend Barabbas? Can it be?

https://i.imgur.com/o3Hf1JW.png

Scary, I know.

Seems like an out of work actor-- check out his wonderfully put together website (isn't the internet an amazing place?)

http://www.josedevega.com/

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