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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 541858 times)
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BitBayDoc
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November 14, 2020, 09:21:16 AM
Last edit: November 14, 2020, 09:32:57 AM by BitBayDoc
Merited by BillionaireWannaBe (1)
 #7561

Remember the good 'ol days?
Only TPTB knew everything was rigged and "they" would, and still do, set the price of all commodities with the click of a mouse.
This still holds true today; everything is still rigged, but now everyone knows... Wink

Early on we did not know everything was rigged, and David set out to make a decentralized stable coin for the world that was also resistant to Pump and Dumps. Subsequently, after a Herculean task that lasted 6 years +, he and the team have created BAY.

Now everything is built and working beautifully.
The Dynamic Peg is cutting edge and is in place to make BAY the 1st of it's kind ever - A Democratically Controlled Decentralized Stable Crypto-currency.
It's ready to roll.

We are just waiting for the world to discover us, use us, make Bay their own and profit from what we have built.

Buy, Sell, Trade Anything, It's all free. Compliments of David Zimbec and the Bay Crew.

...Once we have even a little traffic this will take on a life of its own.
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November 14, 2020, 10:33:02 PM
 #7562

Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.
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November 24, 2020, 10:23:11 PM
 #7563

Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?
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November 25, 2020, 12:00:52 AM
Merited by Joe-Bloggs (1)
 #7564

Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?

As far as I know Cryptopia exit scammed. The community here is quiet but tight. There are a few new projects in the works here, there will be posts for sure of any changes. But you can count on Bitbay becoming a big success in the near future  Cool Smiley

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November 27, 2020, 10:52:51 AM
Last edit: November 27, 2020, 11:18:58 AM by Joe-Bloggs
 #7565

Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?

As far as I know Cryptopia exit scammed. The community here is quiet but tight. There are a few new projects in the works here, there will be posts for sure of any changes. But you can count on Bitbay becoming a big success in the near future  Cool Smiley

I like your enthusiasm but the community does seem dead.
The product deserves a lot more recognition. It also needs to have a reliable exchange and a functioning web marketplace.
Even more importantly it needs a community behind it that is useful and helps build awareness.
It does not help at all that there is an exchange called Bitbay that appears on Google at the top when you search for Bitbay.

If there were even 10 determined bit bay enthusiasts on this forum it could work wonders if they organised and did something effective. I feel sorry for the dev who has produced something quite brilliant only for nobody of consequence to notice it  

A reliable easily accessible exchange is essential. There is little point in marketing something that nobody can purchase.

This would be a good idea for Bitbay also

https://bitcointalk.org/index.php?topic=829576.msg55673599#msg55673599


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November 27, 2020, 01:54:07 PM
 #7566

Doc, we will keep moving forward and eventually break through. Pressure over time makes diamonds.

This project gets more promising each time I visit it. Has the community moved somewhere?
Why is this thread so dead? The other alts I'm following threads are becoming active again. I'm surprised this community is not regrouping right now. Does anyone know if the bay stores or locked on cryptopia were moved?
Or is there still hope for their safe return?

As far as I know Cryptopia exit scammed. The community here is quiet but tight. There are a few new projects in the works here, there will be posts for sure of any changes. But you can count on Bitbay becoming a big success in the near future  Cool Smiley

I like your enthusiasm but the community does seem dead.
The product deserves a lot more recognition. It also needs to have a reliable exchange and a functioning web marketplace.
Even more importantly it needs a community behind it that is useful and helps build awareness.
It does not help at all that there is an exchange called Bitbay that appears on Google at the top when you search for Bitbay.

If there were even 10 determined bit bay enthusiasts on this forum it could work wonders if they organised and did something effective. I feel sorry for the dev who has produced something quite brilliant only for nobody of consequence to notice it  

A reliable easily accessible exchange is essential. There is little point in marketing something that nobody can purchase.

This would be a good idea for Bitbay also

https://bitcointalk.org/index.php?topic=829576.msg55673599#msg55673599




Welcome to the Bitbay forum, we love to hear any new ideas for the project, but we do have very functional marketplace here: https://bitbay.market/decentralized-marketplace/

The other Bitbay site has nothing to do with this project, I am not just being enthusiastic, there are serious projects in the works that we will notify everyone when it's ready. Like you said this is a brilliant project with a need for more exposure. Believe me this project will soon rise up from the shadows, best time to invest is now  Cool Smiley

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November 27, 2020, 05:22:03 PM
 #7567

I think the marketplace is brilliant. However for real adoption you will need a web based and android ios version.
The ordinary person wanting to buy things or even more sellers are going to want to use it that way rather than download Bitbay market place. Although it is great and super innovative.
It would be nice to see a solid core in the community here. Some communities have a core of very dedicated and organised people that work together to help the project advance and they appear very active and alive.
That encourages new members here to become involved.
Bitbay really lacks this. It appears to be a part time project and that doesn't install confidence compared to decimated fulltime teams.
I say it appears because the work done here exceeds most other projects so the dev teams must be active but the community doesn't hear much from them so will die away.
How many hard core active community members does Bitbay have?

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November 27, 2020, 11:43:40 PM
Last edit: November 28, 2020, 02:36:07 AM by LuckyLeprachaun
 #7568

I think the marketplace is brilliant. However for real adoption you will need a web based and android ios version.
The ordinary person wanting to buy things or even more sellers are going to want to use it that way rather than download Bitbay market place. Although it is great and super innovative.
It would be nice to see a solid core in the community here. Some communities have a core of very dedicated and organised people that work together to help the project advance and they appear very active and alive.
That encourages new members here to become involved.
Bitbay really lacks this. It appears to be a part time project and that doesn't install confidence compared to decimated fulltime teams.
I say it appears because the work done here exceeds most other projects so the dev teams must be active but the community doesn't hear much from them so will die away.
How many hard core active community members does Bitbay have?



Those things are projects for the future, yes we could use a marketing team, also in the works. This project is over 7 years old, it's not going to fade away, the tech for this project is ahead of it's time, but things will come together, small Dev team, takes longer to get the work done, but if you want to help with the marketing, that would be great  Smiley
The Dev : (dzimbeck) is like the Nikola Tesla of Crypto's, not getting the recognition he deserves Wink

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November 29, 2020, 01:30:10 AM
 #7569

I think the marketplace is brilliant. However for real adoption you will need a web based and android ios version.
The ordinary person wanting to buy things or even more sellers are going to want to use it that way rather than download Bitbay market place. Although it is great and super innovative.
It would be nice to see a solid core in the community here. Some communities have a core of very dedicated and organised people that work together to help the project advance and they appear very active and alive.
That encourages new members here to become involved.
Bitbay really lacks this. It appears to be a part time project and that doesn't install confidence compared to decimated fulltime teams.
I say it appears because the work done here exceeds most other projects so the dev teams must be active but the community doesn't hear much from them so will die away.
How many hard core active community members does Bitbay have?



Those things are projects for the future, yes we could use a marketing team, also in the works. This project is over 7 years old, it's not going to fade away, the tech for this project is ahead of it's time, but things will come together, small Dev team, takes longer to get the work done, but if you want to help with the marketing, that would be great  Smiley
The Dev : (dzimbeck) is like the Nikola Tesla of Crypto's, not getting the recognition he deserves Wink

I agree with your post. I didnt mean my post to come across as negative at all.  What I mean is that it would be a terrible shame doe all of this hard work go to waste simply because exchanges are reluctant to integrate the pegging mechanism.
I still believe for strong adoption of the market place a web and phone based site must be completed.
No developer can do everything without help for specialists in certain areas. Well someone like David Zimbeck probably could but it may be a very inefficient waste of his time that could be better spent on other tasks.

Here are a few things that I would suggest that we as a community can do to help
These are merely suggestions.

The dev pot fund is needed more now than it will be in the future, the exchange and web marketplace are priority

1. Take a vote to increase dev fund contribution to 50% of pos stake (mandatory)
2.  Consider personal loan of Bitbay to dev contribution fund ( you get it back from future dev contribution pot later) lumps of 100k, whales could lend more.
3. Consider also donating 100% of pos stake.

The aim would be to accrue at least 25M to 50M Bitbay in a development fund as quickly as possible.
This would have a myriad of uses. Converting to BTC via manual OTC sales to members that cant buy or dont want to buy on token. Or could be put into a pool for a bay defi swap token. The lottery element from the defi side could be very enticing as they may get some liquid.

Meanwhile it would be sensible to form a group of real Bitbay enthusiasts that organise to start forming strategies to increase awareness. I really believe this project is something quite special. It is shocking to me this is hidden away out of the top 300 and hardly mentioned on crypto news sites.

If people could see the clear potential of this I'm sure it would be trivial to employ them to donate time and effort in return for Bitbay.

I think lowering the default target for the peg to 10C would generate more volume and get this going for now it can gradually be increased.

Just as important is that all Bitbay members should be active on this thread for discussion as well as other mediums.

I would also be interested to hear what people thought of maybe some return on investment projects assisting bay achieving its goals. I mean would it be possible for btc donors to purchase a share on the exchange so that part of the micro fees went back to them or similar such ideas?

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November 30, 2020, 03:22:04 AM
Merited by Joe-Bloggs (1)
 #7570

The issue with using stakes as dev pot is that there has to be the buy support to even cash it out. However the community can find us OTC deals that myself or Craig could handle which could go towards development. I still have most of my coins since the project started.
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December 01, 2020, 03:10:22 AM
 #7571

The issue with using stakes as dev pot is that there has to be the buy support to even cash it out. However the community can find us OTC deals that myself or Craig could handle which could go towards development. I still have most of my coins since the project started.

Yes we can certainly work on building volume to bolster buy support. OTC trades will be great for US investors wishing to purchase. I mean even a web page with a live helper chat for 100k plus purchases would work nicely

I hear you but a dev with a good share of the project is the sort of dev you want.
I guess the dev can't be expected to do the work and pay for everything out of his own stake ?
The dev fund tax should have been higher and mandatory like dash

If we increase exposure and interest then volume and price will follow.
Bitbay is very advanced and very active project but it can appear sleeping because it doesn't publish its micro updates like other projects that do very little but dress it up to impress investors.
Activity on the forum is very important and a good community could build on here for Bitbay.

This project offers more than 99.9% I have looked at but sadly the majority of members here have not heard or looked at Bitbay.

One last question is how up to date is this feature wall?
https://bitcointalk.org/index.php?topic=890531.msg9817451#msg9817451
Could more be added and all the amazing videos that people have provided in the past?
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December 01, 2020, 06:41:46 AM
 #7572

Everything Joe-Bloggs says is basically correct.
Especially the part about us offering more than 99.9% of all the other coins out there.

Joe, we really appreciate you wanting to help and you are offering good advice.

I just think our community is a little burned out after fighting so hard to just get us to where we are now; and everyone is just catching a second wind.
Also, not having the support of more than one exchange is not helpful. The peg is ahead of it's time; and a decentralized coin that is difficult to manipulate (once volume picks up), is not the favorite of TPTB (which even makes a stronger case for our success in the future).

If we can just get back on two or three exchanges, we will be off to the races.
The trick is being able to convince the exchanges that the algo for the peg is worth the time implementing it.

All of your suggestions (including marketing), takes $.
I am willing to work with you anyway I can, and I am sure others will want to also.

If someone could post the latest forums for us to be able to discuss moving forward, that would be appreciated.
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December 01, 2020, 06:52:35 AM
 #7573

Everything Joe-Bloggs says is basically correct.
Especially the part about us offering more than 99.9% of all the other coins out there.

Joe, we really appreciate you wanting to help and you are offering good advice.

I just think our community is a little burned out after fighting so hard to just get us to where we are now; and everyone is just catching a second wind.
Also, not having the support of more than one exchange is not helpful. The peg is ahead of it's time; and a decentralized coin that is difficult to manipulate (once volume picks up), is not the favorite of TPTB (which even makes a stronger case for our success in the future).

If we can just get back on two or three exchanges, we will be off to the races.
The trick is being able to convince the exchanges that the algo for the peg is worth the time implementing it.

All of your suggestions (including marketing), takes $.
I am willing to work with you anyway I can, and I am sure others will want to also.

If someone could post the latest forums for us to be able to discuss moving forward, that would be appreciated.

I like what you wrote, if you need any help for ideas to get Bitbay going, you can count on me to help out if I can.

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December 01, 2020, 12:32:49 PM
 #7574

It's great that Bitbay has some dedicated and enthusiastic people remaining on this forum.
I have found that there are many others but they dont post much here.

To address a couple of points.

Smart marketing only requires effort. Money is okay for marketing and you can do more but really you can get huge exposure without paying out. The things is you want targeted marketing to those that will appreciate what Bitbay offers.

The First thing you need is a dedicated and organised team.
Is there anyway you guys can join the telegram channel?
Keeping discussion going here is vital but telegram is also very useful for discussing ideas in an efficient way.

Working as a team is much better for morale
Getting on other exchanges would be useful but long term we are far better off getting our own exchange or working with dex like Blocknet. This is in the works.

It is important for us to provide a facility for US investors to obtain Bitbay and until our own exchange or Blocknet is ready we can use a website with live helper chat and OTC sales for 100k minimum parcels. Maybe even 50 or 25k if price baseline moves up.

Anyway lets get a strong team going and increase awareness for this amazing project.
It is not like we are attempting to shill or pump a shitcoin.
This is bringing honest awareness and fair comparison to a completed and functional product that is clearly underrated and under appreciated work of art from a ultra talented developer and a great team.

Bitbay appear to not require anything other than a fair comparison to shine. I wouldn't be part of attempting to market something I didn't believe would be beneficial for others to get involved with.

We need a team and we need to be organised.
Please come to telegram and then message PM me on here so I know it's you.
There are some other Bitbay enthusiasts already there. Lets get together and get some things done.
No pressure, even just contributing ideas will be enough if you dont have time to make some posts or send some messages.
Just having a group to discuss things in is good for morale.



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December 01, 2020, 08:08:46 PM
Last edit: December 01, 2020, 08:29:24 PM by BitBayDoc
 #7575

Joe-Bloggs - "This is bringing honest awareness and fair comparison to a completed and functional product that is clearly underrated and under appreciated work of art from a ultra talented developer and a great team. ...Bitbay appear(s) to not require anything other than a fair comparison to shine."

I LOVE YOU!!! - Yes, you've nailed it.
We all feel like that.

I'm sure Lucky, myself and others who are interested will get on Telegram asap.
I will get things set up later this evening after today's work.

Looking forward to meeting and discussing on Telegram later.

I will also keep posting here, as this is one of the 1st places newbee's might see BAY for the 1st time - coming to it through the Coin Market Cap website.
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December 02, 2020, 07:06:03 AM
 #7576

Hi Joe-Bloggs
I'm on Telegram now - BitBay Doc is my handle.
Unsure exactly which is your address.
Please reach out to me for contact.

Lucky L. - If you get a Telegram address, please give me a shout out also.
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December 02, 2020, 09:45:17 AM
 #7577

Hi Joe-Bloggs
I'm on Telegram now - BitBay Doc is my handle.
Unsure exactly which is your address.
Please reach out to me for contact.

Lucky L. - If you get a Telegram address, please give me a shout out also.

That's good news. Did you join the bit bay channel?
If you go to the first post in this thread the telegram link is there. I tried to copy the link but my phone is messing up.
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December 02, 2020, 09:01:39 PM
 #7578

Hi Joe-Bloggs
I'm on Telegram now - BitBay Doc is my handle.
Unsure exactly which is your address.
Please reach out to me for contact.

Lucky L. - If you get a Telegram address, please give me a shout out also.

That's good news. Did you join the bit bay channel?
If you go to the first post in this thread the telegram link is there. I tried to copy the link but my phone is messing up.

Hi Joe, I have joined the BitBay channel.
On there now. 1pmPST.
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December 02, 2020, 09:47:51 PM
 #7579

Hi Joe-Bloggs
I'm on Telegram now - BitBay Doc is my handle.
Unsure exactly which is your address.
Please reach out to me for contact.

Lucky L. - If you get a Telegram address, please give me a shout out also.

That's good news. Did you join the bit bay channel?
If you go to the first post in this thread the telegram link is there. I tried to copy the link but my phone is messing up.

Hi Joe, I have joined the BitBay channel.
On there now. 1pmPST.

Hi Doc, I joined the Bitbay telegram a couple of days ago.

Anyway. There are other better Bitbay channels but only the Bitbay team can add you to there.
They will hopefully do that when they come online. The channel you initially appear on seems a general channel that isn't too productive. Good you joined. There are quite a few more serious bay fans on there.

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December 02, 2020, 10:05:09 PM
 #7580

Hi Joe-Bloggs
I'm on Telegram now - BitBay Doc is my handle.
Unsure exactly which is your address.
Please reach out to me for contact.

Lucky L. - If you get a Telegram address, please give me a shout out also.


I will bro, soon as I can.

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