BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[dzimbeck]

Thanks Munti! Also there are a few more things about the client. It's very user friendly compared to all the other clients out there.

There is a setup wizard, it translates to 92 languages supports utf-8, joint accounts are automated and can use two computers for signing transactions, there are templates, filtered chat in escrow, and also advance sending like time locks and voting with stake is on the way.

[meeekz]

Can someone point me to a summary of use cases for BitBay?

[Bobsurplus]

Hey david, how many years is it going to take you before you figure out this shit is dead and no one in their right mind will every trust you or invest in this shit.
Just give up and shoot yourself already man.

[dzimbeck]

Can someone point me to a summary of use cases for BitBay?

Cash for coins with trustless cash payments, unbreakable employment contracts immune to deception, international trade contracts with self assurance, barter, farm co-ops, unilateral agreements, p2p python contracts, telcom without wire problems, 2 party escrow, real estate cash deals, microtrading, anonymous unbreakable contracts, with pegging we have backing of a coin at any volume, large credit swaps, trustless lending, economic stability(decentralized), voting by miners,  and really any contract that you can imagine without third parties or middle men.

[dzimbeck]

Hey david, how many years is it going to take you before you figure out this shit is dead and no one in their right mind will every trust you or invest in this shit.
Just give up and shoot yourself already man.

Fuck off theif, the only person who deserve to be shot is you. Can't you tell when you aren't welcome? Give back the 700 btc you put in your pocket you useless theif. Have fun selling your soul Bob. Unlike you I honor my word.

[Bobsurplus]

Hey david, how many years is it going to take you before you figure out this shit is dead and no one in their right mind will every trust you or invest in this shit.
Just give up and shoot yourself already man.

Fuck off theif, the only person who deserve to be shot is you. Can't you tell when you aren't welcome? Give back the 700 btc you put in your pocket you useless theif.

I never stole anything man, all I did was work and get paid, but you stole, and that makes you a thief. You stole years of investors time while you told them lies in order to sell off all that free bay you hustled. Now the ball comes crashing down on you because everyone has had enough of your bullshit stories and perpetual lies about development like "Sorry guys, cant find any devs to hire to work with me"

Fuck you man. This could have been huge but you and your big head fucked it all up and tbh you're not even that talented, its not like your a vitalik, but you could have been.

Now your just a washed up nobody with a few worthless baycoin and a bunch of new std's from banging all them Asian hookers.

[dzimbeck]

Hey david, how many years is it going to take you before you figure out this shit is dead and no one in their right mind will every trust you or invest in this shit.
Just give up and shoot yourself already man.

Fuck off theif, the only person who deserve to be shot is you. Can't you tell when you aren't welcome? Give back the 700 btc you put in your pocket you useless theif.

I never stole anything man, all I did was work and get paid, but you stole, and that makes you a thief. You stole years of investors time while you told them lies in order to sell off all that free bay you hustled. Now the ball comes crashing down on you because everyone has had enough of your bullshit stories and perpetual lies about development like "Sorry guys, cant find any devs to hire to work with me"

Fuck you man. This could have been huge but you and your big head fucked it all up and tbh you're not even that talented, its not like your a vitalik, but you could have been.

Now your just a washed up nobody with a few worthless baycoin and a bunch of new std's from banging all them Asian hookers.

Hahahaha what "work" did you do??? 700 btc is 400k. What investor here thinks Bob did 400k of work? Was FUD part of tge job description theif?! You got paid before the ICO. There is evidence you are a theif. If I had more free time I would hunt you and Ryan down.

Notice the date on that txid? Right on ico launch. When nobody even knew what it was gonna raise.

Let's just show evidence...
[2014-11-11 10:12:19 AM] linhan.ee: when you received it, please let me know
[2014-11-11 10:17:53 AM] International Rob: got it
[2014-11-11 10:19:00 AM | Edited 10:19:04 AM] linhan.ee: great
[2014-11-11 10:19:14 AM] linhan.ee: sending  500
[2014-11-11 10:19:32 AM] International Rob: ok will comnfirm
[2014-11-11 10:20:47 AM] linhan.ee: 500 in 3 transactions:
[2014-11-11 10:20:47 AM] linhan.ee: 0ecfe52a2c9a6913a81ef82c09c47a27d5867b95b9abc73bbbd51d2a65ba4819
[2014-11-11 10:20:56 AM] linhan.ee: e786e93003c29f261189b813cafe2fd4bcac1c937128781988378622a83929d8
[2014-11-11 10:21:01 AM] International Rob: wow
[2014-11-11 10:21:03 AM] linhan.ee: 80053c4138dd8a5d4cda1cc5cefa86bf3e1fd5b9bd6a181e74ac5af4740542cf


That 500 you said was YOUR investment. But it wasn't. It was from your list of investors you and Gekko compiled. You just lied, said it was yours, kept the funds. Then you told Steven you would support the coin and you didn't. Instead you put the money in your pocket and BRAGGED about it.
https://bitcointalk.org/index.php?topic=891356.0

And here your equally useless friend (HE should shoot himself)

[12/6/2014 5:32:31 PM] Gekko: As funny as it is to fuck with your ego, I've got other fish to fry. It's been a pleasure to rape you. Glad I could make a few bucks on your head
[12/6/2014 5:32:50 PM] David Zimbeck: good fuck off
[12/6/2014 5:32:51 PM] Gekko: Good luck repairing your image / name

Furthermore you paid people to FUD the project some of whom got hacked and some who admitted getting paid by you.

That doesn't make you just a theif but a propagandist. Nice Israeli military connects in the family Bob perhaps you do this for a living? Let me advise you how goverments do their dirty work. They hire guys just like you who get caught using fake profiles on Social media and Bitcointalk and other platforms of controlled opposition. In fact let me show you the exact organization leaked by Snowden that does these operations in the good old North America. Don't worry I realize there is more than one. Unless you blow the devil for free?

https://theintercept.com/2014/02/24/jtrig-manipulation/

Did I mention I have friends in the Intel industry?! Back off Bob. Im not as naive as you think and neither are the investors.

You wanted me as a "partner" so you could propagandize me that's why I stayed as a dev and not your partner. I would never partner with you no matter how much money.

Also did you notice the DIFFERENCE in Bitbay?? Download the software see for yourself. I released the world's first decentralized markets. It works baby. Suck it. No help, no so called Asian devs (trust me they cant dev tic tac toe) and no, believe it or not no Asian hookers. Did have a GF for a few months tho.

Because Bob software takes hard WORK something you are allergic to. 50k lines of code doesn't write itself.

What work did you do? Paul sent me the nice document you guys made preparing for how to respond to FUD and how to socially engineer everyone... and people even tipped me off about how deceptive you are. If by work you mean hiring Vindyne? Or maybe your friends kidcrypto, Tor, Iconicexpert? Lots of nice anonymous names you guys have to hide behind. Must be nice bro.

Actions speak louder than words Bob. You admit to dumping coins constantly so you assume everyone is as evil as you.

But shockingly I haven't sold a single Bitbay. I'm investing in myself. Everyone here KNOWS my wallets. The news even reported in my favor. The wallets are listed on Reddit go see for yourself.

The only negative PR I have is from your fake profiles dumping chat logs on Bitcointalk. Since Theymos is govt trash who works for a senate office, he prefers to ignore emails about you and your friends abusing devs on here and violating laws against cyberbullying/privacy/deception and his own self proclaimed no FUD policy. But if you DOX Theymos prepare to be banned.

Beleive it or not, I don't care about my reputation. I think you underestimated me. There are more important things than reputation.

We can list the change log if you like with the 100s of improvements you can even look at my dev environment.

First decentralized markets, the world's only smart contracting software, and soon to be pegged. You better bet you need to propagandize it. That's your only defense.

Because you can't kill an idea.

[btc_zero_sum]

I never stole anything man

everytime i see your name on a coin thread, if i have a stake i get out of it within minutes, if you are supporting a coin means that surely is going to turn sour one day or another
you are an ass and you should just disappear from this thread

[3r197]

Can someone point me to a summary of use cases for BitBay?

Cash for coins with trustless cash payments, unbreakable employment contracts immune to deception, international trade contracts with self assurance, barter, farm co-ops, unilateral agreements, p2p python contracts, telcom without wire problems, 2 party escrow, real estate cash deals, microtrading, anonymous unbreakable contracts, with pegging we have backing of a coin at any volume, large credit swaps, trustless lending, economic stability(decentralized), voting by miners,  and really any contract that you can imagine without third parties or middle men.

And I'd like to add that since it can be done without middlemen, that also includes the middlemen fees associated with them!

Ebay charges merchants almost 10 percent to sell an item on their website, and don't forget paypal's fees for the transaction on top of that!
I don't know if ebay gives big sellers discounts or not, but either way, if there was a safe and secure (more secure) alternative to e-commerce that didn't require any fee's at all, then you obviously retain any and all profits included in the transaction for yourself!

Heck, with BitBay now "YOU" have the ability to charge your clientele a completely customizable service fee if you wish to. It's even going to have a shipping calculator built into the client to help you determine final closing costs in an encrypted escrow negotiation chat box.

The possibilities are nearly endless.
Once the masses catch on and start leaving ebay, etsy, alibaba, amazon, google, etc., it's going to be a beautiful sight to watch.

[cryptohunter]

notice the array of sock puppets turning up??

people are getting worried about bay...

David why could you not trace these old hoarding scammers wallets and nuke them? parasitic scum that they are. Not only stole 100s of BTC but got millions of BAY for nothing.

[stereotype]

I see a frustrated individual who is so discombobulated, he doesnt even know why he is still angry......nearly two years later. Are you secretly jealous, Bob? Bet you didnt think for one moment David would be so determined to turn your early toxic, utterly self-serving involvement, into something viable. Eh, Bob?

Parasite.   

[Figatko]

Usually they just want cheap coins. OK, if this can affect the price, I'll buy too.

[LostLady]

How does Nubits $1/coin peg compare with Bitbay?

[dzimbeck]

How does Nubits $1/coin peg compare with Bitbay?

Nubits is centralized, relies on custodial wallets and is front running. So it works for a bit but when support goes so does the peg. Their peg already fell this year although it was a great buy. I did advise slack people to buy it.

Bitbay is decentralized, there is no custodians, no trading tricks, no fancy nonsense. Its just pure and simple decentralized freezing and unfreezing of supply equally for all users.

This gives early investors a huge advantage by the way since your frozen coins will serve as a future. However you will only have access to enough liquidity to not crash the market.

Since its decentralized we can choose the price we want. We dont want too high because that throttles volume and liquidity. But slowly building towards a target is almost unstoppable.

Plus it opens the doors for decentralized backing, and lots of options with frozen assets like credit swaps, trustless lending based on trade of frozen for liquid and a secondary market

[LostLady]

Thank you David.

My second question is, is the code hard to do? Do you think you can do it without any additional helper?

[dzimbeck]

Thank you David.

My second question is, is the code hard to do? Do you think you can do it without any additional helper?

Honestly I coded all of this so far and Im already pretty sure how I want to code the rest so yes I can finish alone.

As far as it being hard, yes sometimes very hard. Other times it writes itself. I had to self teach myself Python and then when hitting bugs there was nowhere to look on the internet for how to fix them so I had to get creative. There was lots of trial and error. Sometimes a typo would set me back for days! Some bugs required their own devs to fix such as Bitmessage dev and I sent multiple reports to him about how it was broken. Sure enough that got fixed.

It would be awesome to find some dev help however training and motivating them would probably just slow me down at this point.

No, I will probably have to finish it myself unless we get outside funding.

And since you guys have downloaded updates, seen multiple updates (compare it to two years ago its totally transformed), and thanks to help from testers. The day will come soon.

[cryptohunter]

I wish we can hire Peter Todd. Didn't he invent it?. Can someone on Slack ask him what his rate is? https://twitter.com/petertoddbtc

Applied Cryptography Consultant (what the cool kids call 'blockchain tech') PGP: 0x7FAB114267E4FA04, pete@petertodd.org

David just said he can complete it alone so there is essentially no need to hire anyone. Patience is key here. Bay could become something very huge in the future. It seems like it could become a comprehensive market place/exchange. In future it could really be totally self sufficient needing nothing other than people using it. I like this project more than 99% of others on here and David has shown himself to be talented, honest, hardworking and available. Show me any other projects with such promise under 10M cap. They are very few and far between. When everything comes to fruition I would expect this to be a top 10 contender if not top 5.

[RJF19]

I wish we can hire Peter Todd. Didn't he invent it?. Can someone on Slack ask him what his rate is? https://twitter.com/petertoddbtc

Applied Cryptography Consultant (what the cool kids call 'blockchain tech') PGP: 0x7FAB114267E4FA04, pete@petertodd.org

Why would you want to do that? You already have a Dev who can do it, are you in a hurry? Being in a hurry and profiting from Crypto in the long run do not jive...

[funsponge]

Trust Your Gut and Follow your Intuition

[dzimbeck]

notice the array of sock puppets turning up??

people are getting worried about bay...

David why could you not trace these old hoarding scammers wallets and nuke them? parasitic scum that they are. Not only stole 100s of BTC but got millions of BAY for nothing.

Well, considering how much negative PR it was for Ethereum to revert their bug, I think nuking their wallets could backfire. Personally I like the idea but the hard core coin enthusiasts will argue against centralized maneuvers.

ETC "Classic" was such a monkey wrench for ETH and I'm not sure they will ever recover from that. They might but it causes tons of confusion to new buyers.

Also it would be difficult to prove which wallets were theirs... perhaps freeze them until they identify themselves or carefully track it, however there is a lot involved in that. Our slack group seems to have a good idea of who owns what.

Consider that anywhere from 30-60% of Bitcoins are stolen from exchanges or government seizure or escrow failure. Not to mention "Satoshis wallet" who nobody seems to know who owns it. So considering that, its probably just best to build a good coin. A lot of their coins have been bought by the core team already too. Our distribution is actually pretty good compared to other coins.