BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg

[Karartma1]

I think, really, that such a daily trading volume on bittrex after all that happened in the past is simply astonishing. I'm amazed and looking at how the bitcoin community is dividing I wish more people will unite on this project

[Chrisumz0r]

If BitBay has an unmovable bottom that's voted on once it reaches a price we all agree on, it can only go up from there and we can adjust the bottom accordingly.

Whales want this because they're making a profit from staking, and investors want this because they don't want to buy a currency and have it drop half of it's value overnight.

It really is a forward-thinking idea, especially with the volatility of cryptos.

[dzimbeck]

Any good reason for recent surge in price?

Maybe more of a correction that a surge it should never have been that low. We have had decentralized markets for almost 2 years with decentralized unbreakable smart contracts.

SDC was promising that for years and never delivered and somehow skyrocketed for no reason. Then SYS had markets way after us and did quite well.

If you look at our wall of features it might be as confusing to you as it is to us as to why this coin isn't in the top 10. Is Dogecoin really better? I think not.

[dzimbeck]

If BitBay has an unmovable bottom that's voted on once it reaches a price we all agree on, it can only go up from there and we can adjust the bottom accordingly.

Whales want this because they're making a profit from staking, and investors want this because they don't want to buy a currency and have it drop half of it's value overnight.

It really is a forward-thinking idea, especially with the volatility of cryptos.

Yeah that is specifically what our rolling peg is for. To crush pump and dump once and for all and let Bitbay emulate larger markets allowing the price to be stable and still grow in an upwards direction.

[Chrisumz0r]

Why won't David post the source code to GitHub?






Ethereum is available for inspection, why not BitBay?

[Bee Cho Chen]

ok just bought from the sell side with my one & only bitcoin....
fingers crossed, I'm off to bed


....why do I always do this!!     hmm hopefully we're not going back to 200...

I obviously cannot predict the future, but I think it is highly unlikely BAY drops below 300 ever again. I think this is an excellent buy opportunity for the long haul. Dead minimum I expect a $15mil market cap by the end of the year. I think it will hit that way sooner, though and surpass that by quite a bit

[dzimbeck]

Why won't David post the source code to GitHub?






Ethereum is available for inspection, why not BitBay?

The source is at www.davtonia.com/bithalo/haloobf.zip

Its not on github to prevent people who want to clone it and pump nonsense.

We are targeting a larger commercial market and not focusing on the darknet primarily. Moreso, trying to get people interested in decentralized markets. The source is there, can be audited and thats what counts most.

I work alone too and github is for collaboration. I've heard that devs don't usually contribute much to other projects so I would still end up doing the Lion Share and wouldn't get the stuff done any faster.

[Chrisumz0r]

How is the market decentralized when it's moderated and listings can be taken down?

[benthach]

after much though why shadowcoin pump hard and you guys are not it's probably they're on poloniex and with very flashy market place photo. even though you guy do have photo for market place but it do look dulled.

[4emily]

BitBay Client v1.26 Update Now Available

If you already have the Client installed, simply open it and you will be prompted to update. If you are downloading for the first time you will need to visit the BitBay Download Page (http://BitBay.Market/Download) to choose the platform you will be running on. [-----------].

@gjsteele71

I'm currently running v. 1.2.0.0 on OS windows 10 64 bit

no prompt to update appeared

How should I proceed?

wallet synced normally

Thanks in advance

[dzimbeck]

BitBay Client v1.26 Update Now Available

If you already have the Client installed, simply open it and you will be prompted to update. If you are downloading for the first time you will need to visit the BitBay Download Page (http://BitBay.Market/Download) to choose the platform you will be running on. [-----------].

@gjsteele71

I'm currently running v. 1.2.0.0 on OS windows 10 64 bit

no prompt to update appeared

How should I proceed?

wallet synced normally

Thanks in advance

Thats the QT wallet.

He was referring to the markets wallet.

[dzimbeck]

How is the market decentralized when it's moderated and listings can be taken down?

The moderation system works like this:

I cannot possibly moderate the internet. All the markets are anonymous. If I or anyone in core don't know the name of the market we can't
possibly moderate it because it would be secret to us.

However if we discover a market that would be worth banning we can. Also we can give out the moderation key to people who insist.

Now the way users see this key is, they subscribe to that key. When they see the moderator send messages to them like "ban this user" or "ban this market" they do so.

Users themselves can FLAG orders. So there is also a decentralized moderation layer. If John starts a market that sells shoes and people start
posting job offers or advertisements that have nothing to do with the market his users can flag the order. After about 5 flags or so an order is removed.

There is also a second moderation key. One for supermod and one for regular mod. A supermod can shut down markets and perform public key
bans. A regular mod can remove orders.

Hopefully that explains it.

And it certainly is decentralized, those are simply basic systems. We can't moderate what we don't see. And ultimately we are not responsible for contents of the markets. I'm just a dev and we don't tell people how to use the software. No more than we can moderate google search results.

[4emily]

BitBay Client v1.26 Update Now Available

If you already have the Client installed, simply open it and you will be prompted to update. If you are downloading for the first time you will need to visit the BitBay Download Page (http://BitBay.Market/Download) to choose the platform you will be running on. [-----------].

@gjsteele71

I'm currently running v. 1.2.0.0 on OS windows 10 64 bit

no prompt to update appeared

How should I proceed?

wallet synced normally

Thanks in advance

Thats the QT wallet.

He was referring to the markets wallet.

Ah, I see (finally!) Thanks

[Bee Cho Chen]

Everybody should fill out this form so we can get BAY on poloniex

https://poloniex.com/coinRequest

[rqdxrocket]

Hello,

  There are several items for sale on the Market with more being added daily.

Thanks

[Chrisumz0r]

How is the market decentralized when it's moderated and listings can be taken down?

The moderation system works like this:

I cannot possibly moderate the internet. All the markets are anonymous. If I or anyone in core don't know the name of the market we can't
possibly moderate it because it would be secret to us.

However if we discover a market that would be worth banning we can. Also we can give out the moderation key to people who insist.

Now the way users see this key is, they subscribe to that key. When they see the moderator send messages to them like "ban this user" or "ban this market" they do so.

Users themselves can FLAG orders. So there is also a decentralized moderation layer. If John starts a market that sells shoes and people start
posting job offers or advertisements that have nothing to do with the market his users can flag the order. After about 5 flags or so an order is removed.

There is also a second moderation key. One for supermod and one for regular mod. A supermod can shut down markets and perform public key
bans. A regular mod can remove orders.

Hopefully that explains it.

And it certainly is decentralized, those are simply basic systems. We can't moderate what we don't see. And ultimately we are not responsible for contents of the markets. I'm just a dev and we don't tell people how to use the software. No more than we can moderate google search results.

That doesn't make any sense at all.


I would like to see the code, because this all sounds like bullshit.

[funsponge]

How is the market decentralized when it's moderated and listings can be taken down?

The moderation system works like this:

I cannot possibly moderate the internet. All the markets are anonymous. If I or anyone in core don't know the name of the market we can't
possibly moderate it because it would be secret to us.

However if we discover a market that would be worth banning we can. Also we can give out the moderation key to people who insist.

Now the way users see this key is, they subscribe to that key. When they see the moderator send messages to them like "ban this user" or "ban this market" they do so.

Users themselves can FLAG orders. So there is also a decentralized moderation layer. If John starts a market that sells shoes and people start
posting job offers or advertisements that have nothing to do with the market his users can flag the order. After about 5 flags or so an order is removed.

There is also a second moderation key. One for supermod and one for regular mod. A supermod can shut down markets and perform public key
bans. A regular mod can remove orders.

Hopefully that explains it.

And it certainly is decentralized, those are simply basic systems. We can't moderate what we don't see. And ultimately we are not responsible for contents of the markets. I'm just a dev and we don't tell people how to use the software. No more than we can moderate google search results.

That doesn't make any sense at all.


I would like to see the code, because this all sounds like bullshit.

I think he explained it rather well!
Why dont you download it and see it working!

you will be able to look at 1000's of lines of code and understand it, but can't understand it when its explained to you in English? Are you a developer? Will you be able to understand 50,000 + lines of original code?

yet another 'new' account trying to discredit you David. All this 5 comments have been in Bitbay related threads. All trying to discredit the project. It shows you must be doing something right if he is taking the time to create new accounts and spend the evening commenting on every Bitbay thread. The question is why  . . . competitor or paid troll? My bet is the troll from 4Chan ;-) yes we are aware of you

[funsponge]

As you can see David replied to your identical question 24 hours ago

Why won't David post the source code to GitHub?

Ethereum is available for inspection, why not BitBay?

The source is at www.davtonia.com/bithalo/haloobf.zip

Its not on github to prevent people who want to clone it and pump nonsense.

We are targeting a larger commercial market and not focusing on the darknet primarily. Moreso, trying to get people interested in decentralized markets. The source is there, can be audited and thats what counts most.

I work alone too and github is for collaboration. I've heard that devs don't usually contribute much to other projects so I would still end up doing the Lion Share and wouldn't get the stuff done any faster.

[R-J-F]

How is the market decentralized when it's moderated and listings can be taken down?

The moderation system works like this:

I cannot possibly moderate the internet. All the markets are anonymous. If I or anyone in core don't know the name of the market we can't
possibly moderate it because it would be secret to us.

However if we discover a market that would be worth banning we can. Also we can give out the moderation key to people who insist.

Now the way users see this key is, they subscribe to that key. When they see the moderator send messages to them like "ban this user" or "ban this market" they do so.

Users themselves can FLAG orders. So there is also a decentralized moderation layer. If John starts a market that sells shoes and people start
posting job offers or advertisements that have nothing to do with the market his users can flag the order. After about 5 flags or so an order is removed.

There is also a second moderation key. One for supermod and one for regular mod. A supermod can shut down markets and perform public key
bans. A regular mod can remove orders.

Hopefully that explains it.

And it certainly is decentralized, those are simply basic systems. We can't moderate what we don't see. And ultimately we are not responsible for contents of the markets. I'm just a dev and we don't tell people how to use the software. No more than we can moderate google search results.

That doesn't make any sense at all.


I would like to see the code, because this all sounds like bullshit.

You must be reading your own posts then...

Oh BTW, here's one of those previous posts:

"Kudos David, you have my support."

How interesting.

[dzimbeck]

How is the market decentralized when it's moderated and listings can be taken down?

The moderation system works like this:

I cannot possibly moderate the internet. All the markets are anonymous. If I or anyone in core don't know the name of the market we can't
possibly moderate it because it would be secret to us.

However if we discover a market that would be worth banning we can. Also we can give out the moderation key to people who insist.

Now the way users see this key is, they subscribe to that key. When they see the moderator send messages to them like "ban this user" or "ban this market" they do so.

Users themselves can FLAG orders. So there is also a decentralized moderation layer. If John starts a market that sells shoes and people start
posting job offers or advertisements that have nothing to do with the market his users can flag the order. After about 5 flags or so an order is removed.

There is also a second moderation key. One for supermod and one for regular mod. A supermod can shut down markets and perform public key
bans. A regular mod can remove orders.

Hopefully that explains it.

And it certainly is decentralized, those are simply basic systems. We can't moderate what we don't see. And ultimately we are not responsible for contents of the markets. I'm just a dev and we don't tell people how to use the software. No more than we can moderate google search results.

That doesn't make any sense at all.


I would like to see the code, because this all sounds like bullshit.

Then don't be lazy. Download it here: www.davtonia.com/bithalo/haloobf.zip

And download the client and use it so just see for yourself. That package tells you how to build it.