BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[Zwarg]

I heard there is a fawset for BitBay, but I cant find it

You heard right.

It's not on a webpage like most faucets.

It's in the client marketplace.

You can download it from the OP or from our bitbay.market website

The fawset is in the wallet?? How?

With BitBay's client you can pretty much buy or sell anything for anything through smart contracts trustlessly! The faucet is basically a free smart contract in the marketplace.

Download it! Give it a shot! 1000 BitBay's for free!

I will! Thx a lot

[Forobitcoins]

Hello, I do not enter the wallet from the ICO, to re-enter, I install the latest version again?

[leepfrog]

Hello, I do not enter the wallet from the ICO, to re-enter, I install the latest version again?

If you have your wallet backed up then yes.

[CryptoRambler]

The market is paying attention to these updates, its moving finally with more than a btc volume

16 BTC volume yesterday if that's the case. If the calculations that have been done here will confirm that Bter ICO whales are gone nothing stops this coin to go in only one direction. Dedication and hard work will pay in the long run

Just because one set of whales are gone does not mean a new set has arrived and the thing is you know nothing about these new whales.

Luckily this coins has the best bagholders I've ever seen so until they reach their target, you're right it will go up.

Yes, I agree we know nothing about the new whales as you call them but to me it's crucial that the old Bter Ico whales are gone. They have been like venom to this project.
A great deal of people at the start thought of this as a P&D scheme (bter reputation does not help in that sense): David delivered everything relentlessly in any case.

New whales will come but a good project will always stand still since if the code speaks for itself there's not much to worry. I personally feel this is a superior coin compared to many top 50 coins out there.
 

Some new whales are enjoying getting in early right now, David has seen to that.

I personally think BAY is better than half of the top 20 coins right now. Be smart. Get in early, which is now 😀

[cr197]

The market is paying attention to these updates, its moving finally with more than a btc volume

16 BTC volume yesterday if that's the case. If the calculations that have been done here will confirm that Bter ICO whales are gone nothing stops this coin to go in only one direction. Dedication and hard work will pay in the long run

Just because one set of whales are gone does not mean a new set has arrived and the thing is you know nothing about these new whales.

Luckily this coins has the best bagholders I've ever seen so until they reach their target, you're right it will go up.

Yes, I agree we know nothing about the new whales as you call them but to me it's crucial that the old Bter Ico whales are gone. They have been like venom to this project.
A great deal of people at the start thought of this as a P&D scheme (bter reputation does not help in that sense): David delivered everything relentlessly in any case.

New whales will come but a good project will always stand still since if the code speaks for itself there's not much to worry. I personally feel this is a superior coin compared to many top 50 coins out there.
 

Some new whales are enjoying getting in early right now, David has seen to that.

I personally think BAY is better than half of the top 20 coins right now. Be smart. Get in early, which is now 😀

If we could only let you know what we have in store for the rolling peg.
It's still just too early to even release a whitepaper on the matter.
It's going to turn trading into a wet dream for day traders, speculators, and investors!

Some coins are already claiming they have pegging because they can do price tracking

BitBay's design is the real deal!

[Karartma1]

About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking

[dzimbeck]

About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking

The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want

[Forobitcoins]

Hello, I do not enter the wallet from the ICO, to re-enter, I install the latest version again?

If you have your wallet backed up then yes.

Thanks, what file is the wallet?

[cr197]

Hello, I do not enter the wallet from the ICO, to re-enter, I install the latest version again?

If you have your wallet backed up then yes.

Thanks, what file is the wallet?

https://www.youtube.com/watch?v=jGXf2xFyWaE

[cr197]

About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking

The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want

Yeah it can still fluctuate!
So for example, 1,2,3,4,5,etc., months after the 'rolling' peg is implemented, there is no telling where the price will be for BitBay.
And users will be able to vote (decentralized) on how they wish to protect their investment. It's only natural that they will be voting in favor of keeping system stabilized OR for hope of potential growth!

Trust me! Karartma1

This is going to be a good thing. And is going to work great along side bitcoin.
It's going to be simple and yet elaborate.
If you want to be as simple as buy low, sell high - you still can!
However for the sake of day traders, the option of the complexity available will literally make it the most exciting trading process they have ever encountered before!

[cryptohunter]

I see bitbay getting mentioned in quite a few other coins threads now. I think once we break the top 50 (which should be soon) more people will take note too.

Be great when we can rid ourselves of the qt and just go with the market place. Get everyone to use it.

The faucet of 1000 bays is worth having now too really. Much better than some faucets.

[cr197]

I see bitbay getting mentioned in quite a few other coins threads now. I think once we break the top 50 (which should be soon) more people will take note too.

Be great when we can rid ourselves of the qt and just go with the market place. Get everyone to use it.

The faucet of 1000 bays is worth having now too really. Much better than some faucets.

Yeah faucet is still live. I've completed about 11 so far.

[gjsteele71]

Hi All,

Here is a short and simple example of a BitBay transaction to help anyone new understand how the trustless contracts work.  This is from a contract cr197 and I executed over the weekend where I traded him $10 in NXS for $10 in BAY.     Please feel free to ask any questions.

http://bitbay.market/contractexample/

The Slack community is growing along with the price.  Please feel free to join us over at http://bitbay.market/wp-login.php?action=slack-invitation

See you there.

[cr197]

Hi All,

Here is a short and simple example of a BitBay transaction to help anyone new understand how the trustless contracts work.  This is from a contract cr197 and I executed over the weekend where I traded him $10 in NXS for $10 in BAY.    Please feel free to ask any questions.

http://bitbay.market/contractexample/

The Slack community is growing along with the price.  Please feel free to join us over at http://bitbay.market/wp-login.php?action=slack-invitation

See you there.

Yeah I knew I should have waited till NXS hit its support level at the 8500 to 9500 sat range  
But it was nice not to have to transition to BTC to make trade.
And if we were whales we could have saved a ton of money on slippage and the eyes on the exchanges wouldn't even know it happened!
It's will be a great tool to accumulate off-radar!!

[dzimbeck]

Just so you guys know the stake is a little lower since the fork. That will be increased in the next fork when we start pegging. So just keep staking anyways, we will need some people to test the voting feature in the next release.

[cr197]

Hey guys,
Just wanted to mention that we found a bug with hotmail and outlook emails synced to the client.
They must have updated some coding.

Anyways, just wanted to give heads up that David is aware and will fix.
He might even revert back to allowing both bitmessage or email to broadcast to alleviate anything like this again in the future.

So if you wish to try out my faucet, make sure your client is synced with either mail.com gmail.com or aol.com  email provider.

[dzimbeck]

Both Bitmessage and E-mail are allowed. It's just a user who posts Bitmessage only listens for Bitmessage and a user who posts email only looks for E-mail. It's not set up so email sellers will accept both.

[Karartma1]

About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking

The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want

Yeah it can still fluctuate!
So for example, 1,2,3,4,5,etc., months after the 'rolling' peg is implemented, there is no telling where the price will be for BitBay.
And users will be able to vote (decentralized) on how they wish to protect their investment. It's only natural that they will be voting in favor of keeping system stabilized OR for hope of potential growth!

Trust me! Karartma1

This is going to be a good thing. And is going to work great along side bitcoin.
It's going to be simple and yet elaborate.
If you want to be as simple as buy low, sell high - you still can!
However for the sake of day traders, the option of the complexity available will literally make it the most exciting trading process they have ever encountered before!

You don't have me on that but that is my humble perspective from a pure economic side. However, I'm totally in line with everything else which I love.
I'm not a day trader, I simply buy stakes in what I believe are the most viable alternatives of my beloved BTC.
We don't have to agree on everything here  

[dzimbeck]

About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking

The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want

Yeah it can still fluctuate!
So for example, 1,2,3,4,5,etc., months after the 'rolling' peg is implemented, there is no telling where the price will be for BitBay.
And users will be able to vote (decentralized) on how they wish to protect their investment. It's only natural that they will be voting in favor of keeping system stabilized OR for hope of potential growth!

Trust me! Karartma1

This is going to be a good thing. And is going to work great along side bitcoin.
It's going to be simple and yet elaborate.
If you want to be as simple as buy low, sell high - you still can!
However for the sake of day traders, the option of the complexity available will literally make it the most exciting trading process they have ever encountered before!

You don't have me on that but that is my humble perspective from a pure economic side. However, I'm totally in line with everything else which I love.
I'm not a day trader, I simply buy stakes in what I believe are the most viable alternatives of my beloved BTC.
We don't have to agree on everything here  

Yeah some people love laissez-faire capitalism. This system is definitely controlled by a set of new rule. But it is still very much a free for all.

And yeah so I can see how you don't agree. It's probably just a matter of taste. I'm personally really looking forward to finishing it.

[RJF19]

About the Peg: I'm not a big supporter I must admit. The idea of having something set in terms of value doesn't excite me. I would personally wait fro a much better recognition of the whole project before thinking of that.
Just thinking

The peg is rolling it's not set in value, it can go up and down, holders of Bitbay vote on supply. The difference is it can go to whatever price we want and hold a fixed peg when we want

Yeah it can still fluctuate!
So for example, 1,2,3,4,5,etc., months after the 'rolling' peg is implemented, there is no telling where the price will be for BitBay.
And users will be able to vote (decentralized) on how they wish to protect their investment. It's only natural that they will be voting in favor of keeping system stabilized OR for hope of potential growth!

Trust me! Karartma1

This is going to be a good thing. And is going to work great along side bitcoin.
It's going to be simple and yet elaborate.
If you want to be as simple as buy low, sell high - you still can!
However for the sake of day traders, the option of the complexity available will literally make it the most exciting trading process they have ever encountered before!

You don't have me on that but that is my humble perspective from a pure economic side. However, I'm totally in line with everything else which I love.
I'm not a day trader, I simply buy stakes in what I believe are the most viable alternatives of my beloved BTC.
We don't have to agree on everything here  

Yeah some people love laissez-faire capitalism. This system is definitely controlled by a set of new rule. But it is still very much a free for all.

And yeah so I can see how you don't agree. It's probably just a matter of taste. I'm personally really looking forward to finishing it.

As are most of us. It will be interesting to say the least to watch this work in real time.