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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 541883 times)
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Karartma1
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February 19, 2017, 11:06:43 AM
 #3721

Unauthorized Use of BitBay’s Name and Reputation

The BitBay development team has discovered the unauthorized use of the BitBay.Market website’s theme, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset.

The misuse has been attributed to a company called Global Holding.  We want the Crypto community to know this company is not affiliated with BitBay in any way, and we suspect their intentions are not in line with BitBay’s purposes and values.



Nobody likes such a bad advertising but this could turn out has a good sign that this project is on the right path to achieve something nice. Maybe a pop-up could be placed on the main bitbay.market site so that there's a clear announcement that their company is in no way affiliate with this project.
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February 19, 2017, 11:43:36 AM
Last edit: February 19, 2017, 11:57:18 AM by cryptohunter
 #3722

Unauthorized Use of BitBay’s Name and Reputation

The BitBay development team has discovered the unauthorized use of the BitBay.Market website’s theme, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset.

The misuse has been attributed to a company called Global Holding.  We want the Crypto community to know this company is not affiliated with BitBay in any way, and we suspect their intentions are not in line with BitBay’s purposes and values.



Nobody likes such a bad advertising but this could turn out has a good sign that this project is on the right path to achieve something nice. Maybe a pop-up could be placed on the main bitbay.market site so that there's a clear announcement that their company is in no way affiliate with this project.

Seems strange.... does it turn up easy via google?

Ideally we need more activity and interest on this thread. The issue is too many bay holder are hodling and not getting involved in discussions or doing any promotion on the board. I see only the same 3-4 people ever mentioning bay.

We need to build up a great following on here. There must be a way to generate interest in the marketplace now by some kind of game, betting or something that we can run on this board.


cr197
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February 19, 2017, 01:13:18 PM
 #3723

Looking like a solid double top on BTC.
Glad I didn't buy anymore yesterday.

I don't think this rally is over yet though.
22 more days till Winklevoss ETF
My guess is a triple top that retests 1075 range, and depending on outcome of SEC approval will we know which way to expect it to go after.

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
cr197
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February 19, 2017, 02:32:48 PM
 #3724

Unauthorized Use of BitBay’s Name and Reputation

The BitBay development team has discovered the unauthorized use of the BitBay.Market website’s theme, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset.

The misuse has been attributed to a company called Global Holding.  We want the Crypto community to know this company is not affiliated with BitBay in any way, and we suspect their intentions are not in line with BitBay’s purposes and values.



Nobody likes such a bad advertising but this could turn out has a good sign that this project is on the right path to achieve something nice. Maybe a pop-up could be placed on the main bitbay.market site so that there's a clear announcement that their company is in no way affiliate with this project.

Seems strange.... does it turn up easy via google?

Ideally we need more activity and interest on this thread. The issue is too many bay holder are hodling and not getting involved in discussions or doing any promotion on the board. I see only the same 3-4 people ever mentioning bay.

We need to build up a great following on here. There must be a way to generate interest in the marketplace now by some kind of game, betting or something that we can run on this board.



No it's not easy to find on google.

Good point. I'll have to think on that a little bit.

In reality we have the potential to create a trustless lottery game in the client. Although it would make everything much easier with a custom python smart contract.

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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February 19, 2017, 03:13:35 PM
 #3725

Be honest, I found this project few days ago also. BAY is hiden from public attention for some reason, that is why is price so extremly low, for what was reached till now here. I would say, if BAY is traded for 1k sat, that I can imagine as fair value atm. Other way, this is unique opportunity get in and make investment here. About promo: twitter, dev post regular way about project, we have to retweet. Free and extremly effective way spread infos about BAY. I would say just my small estimate here, +1k sat in 2-3 mths.  Wink Dev team is key factor, why I came here. Project has a huge practical potencial for every user, what market will reflect soon imo. I would be not surrprice, if polo add one day BAY for trade there. But that is strictly just my personal opinion, no hype, or some fud about here.  Smiley

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February 19, 2017, 04:10:08 PM
 #3726

Unauthorized Use of BitBay’s Name and Reputation

The BitBay development team has discovered the unauthorized use of the BitBay.Market website’s theme, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset.

The misuse has been attributed to a company called Global Holding.  We want the Crypto community to know this company is not affiliated with BitBay in any way, and we suspect their intentions are not in line with BitBay’s purposes and values.



Nobody likes such a bad advertising but this could turn out has a good sign that this project is on the right path to achieve something nice. Maybe a pop-up could be placed on the main bitbay.market site so that there's a clear announcement that their company is in no way affiliate with this project.

Seems strange.... does it turn up easy via google?

Ideally we need more activity and interest on this thread. The issue is too many bay holder are hodling and not getting involved in discussions or doing any promotion on the board. I see only the same 3-4 people ever mentioning bay.

We need to build up a great following on here. There must be a way to generate interest in the marketplace now by some kind of game, betting or something that we can run on this board.



No it's not easy to find on google.

Good point. I'll have to think on that a little bit.

In reality we have the potential to create a trustless lottery game in the client. Although it would make everything much easier with a custom python smart contract.


How much to create the needed python for this do you estimate? The more people actually using this marketplace ( be better when staking in the market place is possible so we just call that the wallet from now on) the more people that will come to realise BAY is a hidden gem.


Any and all reasons to get people just to use it and see what you can do is the next move. I don't know how the big online crypto mags are not all over bay really.


cr197
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February 19, 2017, 04:21:08 PM
 #3727

Unauthorized Use of BitBay’s Name and Reputation

The BitBay development team has discovered the unauthorized use of the BitBay.Market website’s theme, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset.

The misuse has been attributed to a company called Global Holding.  We want the Crypto community to know this company is not affiliated with BitBay in any way, and we suspect their intentions are not in line with BitBay’s purposes and values.



Nobody likes such a bad advertising but this could turn out has a good sign that this project is on the right path to achieve something nice. Maybe a pop-up could be placed on the main bitbay.market site so that there's a clear announcement that their company is in no way affiliate with this project.

Seems strange.... does it turn up easy via google?

Ideally we need more activity and interest on this thread. The issue is too many bay holder are hodling and not getting involved in discussions or doing any promotion on the board. I see only the same 3-4 people ever mentioning bay.

We need to build up a great following on here. There must be a way to generate interest in the marketplace now by some kind of game, betting or something that we can run on this board.



No it's not easy to find on google.

Good point. I'll have to think on that a little bit.

In reality we have the potential to create a trustless lottery game in the client. Although it would make everything much easier with a custom python smart contract.


How much to create the needed python for this do you estimate? The more people actually using this marketplace ( be better when staking in the market place is possible so we just call that the wallet from now on) the more people that will come to realise BAY is a hidden gem.


Any and all reasons to get people just to use it and see what you can do is the next move. I don't know how the big online crypto mags are not all over bay really.



Well maybe David will get around to letting some core members work on some potential python contracts in the near future. He's got so much on his plate right now though.
I believe he just finished the decentralized voting coding and tested it out!

Maybe after this next update, when he's ready to dive back into completing the rest of the templates, he could also find some time to set up the python custom contracts so core can start creating and testing some out?

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
cryptohunter
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February 19, 2017, 04:43:34 PM
Last edit: February 19, 2017, 05:19:57 PM by cryptohunter
 #3728

Unauthorized Use of BitBay’s Name and Reputation

The BitBay development team has discovered the unauthorized use of the BitBay.Market website’s theme, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset.

The misuse has been attributed to a company called Global Holding.  We want the Crypto community to know this company is not affiliated with BitBay in any way, and we suspect their intentions are not in line with BitBay’s purposes and values.



Nobody likes such a bad advertising but this could turn out has a good sign that this project is on the right path to achieve something nice. Maybe a pop-up could be placed on the main bitbay.market site so that there's a clear announcement that their company is in no way affiliate with this project.

Seems strange.... does it turn up easy via google?

Ideally we need more activity and interest on this thread. The issue is too many bay holder are hodling and not getting involved in discussions or doing any promotion on the board. I see only the same 3-4 people ever mentioning bay.

We need to build up a great following on here. There must be a way to generate interest in the marketplace now by some kind of game, betting or something that we can run on this board.



No it's not easy to find on google.

Good point. I'll have to think on that a little bit.

In reality we have the potential to create a trustless lottery game in the client. Although it would make everything much easier with a custom python smart contract.


How much to create the needed python for this do you estimate? The more people actually using this marketplace ( be better when staking in the market place is possible so we just call that the wallet from now on) the more people that will come to realise BAY is a hidden gem.


Any and all reasons to get people just to use it and see what you can do is the next move. I don't know how the big online crypto mags are not all over bay really.



Well maybe David will get around to letting some core members work on some potential python contracts in the near future. He's got so much on his plate right now though.
I believe he just finished the decentralized voting coding and tested it out!

Maybe after this next update, when he's ready to dive back into completing the rest of the templates, he could also find some time to set up the python custom contracts so core can start creating and testing some out?


Oh that sounds good news then.

Oh okay yes I hear you there. I thought you meant it was something external to bay that could be added on.
Bay is way way ahead of so many coins in so many ways. Once the market place can just be used as the main wallet then people will start to use it more I am sure.

With ebays normal fees then bay is attractive but with international fees auto added by ebay now including duty tax all that bundled on to the max bitbay is essential.



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February 19, 2017, 09:18:43 PM
 #3729

Interesting! I didn't know eBay was including tax now for international transactions

Yeah this just gets better and better.

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
Karartma1
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February 20, 2017, 06:11:30 AM
 #3730

Interesting! I didn't know eBay was including tax now for international transactions

Yeah this just gets better and better.
Ebay time is over, we need innovative solutions where the platform should not be as invasive as it is today. That is where I see Bitbay market taking the lead. Ten years ago Ebay was an excellent platform to manage auctions and direct sales but today I no longer stand to its conditions.
The user should be able to decide the deal not the other way round.
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February 20, 2017, 11:51:01 AM
 #3731

Hello,

I listed several Steam games for sale in the Bitbay Market with the counter offer system enabled.  Download the Bitbay Market Software and make me a counter offer.

Thanks

Superhot Steam Code has been sold pending contract completion.  There are still a few other Steam Codes left for sale.  Download the Bitbay Market Wallet and see how amazing it is.

Thanks
RQDxRocket
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February 20, 2017, 01:42:36 PM
 #3732

Hello,

I listed several Steam games for sale in the Bitbay Market with the counter offer system enabled.  Download the Bitbay Market Software and make me a counter offer.

Thanks

Superhot Steam Code has been sold pending contract completion.  There are still a few other Steam Codes left for sale.  Download the Bitbay Market Wallet and see how amazing it is.

Thanks
RQDxRocket

Great to see some people are already using the marketplace.

When it's all finished and polished I think many will at first buy some bay just for investment but when the market place is also more or less the default wallet with the staking then they will notice how easy to use and how much sense it makes to use it to complete distance trades that can not be done in person with cash on the spot.

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February 20, 2017, 10:23:43 PM
 #3733

Selling BTC for cash on the marketplace!

No more local bitcoins needed

Limits of 0.05 minimum BTC to 1 maximum BTC

USD via Western Union only.

Only 2.5% service charge + Western Union tx fee.

That's way less than any service on the internet!

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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February 21, 2017, 01:07:03 AM
 #3734

Two quick questions.

1. Who are bitbays competitors?
2. Does any altcoin have any type of ownership? It's just a token used to transfer funds. If bitbays technology was bought for some reason. The bitbays tokens wouldn't really change in value? Just thought technology is bought.


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We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
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Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
TELEGRAM
TWITTER
GITHUB
REDDIT
中文电报群
MEDIUM
BITCOINTALK
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Karartma1
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February 21, 2017, 07:18:31 AM
 #3735

Two quick questions.

1. Who are bitbays competitors?
2. Does any altcoin have any type of ownership? It's just a token used to transfer funds. If bitbays technology was bought for some reason. The bitbays tokens wouldn't really change in value? Just thought technology is bought.

1. very few coins boosts such a robust coin with a decentralized marketplace built on top of it
2. Any cryptocurrency is based on possession of the corresponding keys: no keys no coins it is as simple as that. Bitbay is open source there's no hidden tech behind it, but Bay has one of the best dev around.

Do I answer you? Someone will chip in to tell you more
cr197
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February 21, 2017, 12:18:17 PM
 #3736

Two quick questions.

1. Who are bitbays competitors?
2. Does any altcoin have any type of ownership? It's just a token used to transfer funds. If bitbays technology was bought for some reason. The bitbays tokens wouldn't really change in value? Just thought technology is bought.

1. very few coins boosts such a robust coin with a decentralized marketplace built on top of it
2. Any cryptocurrency is based on possession of the corresponding keys: no keys no coins it is as simple as that. Bitbay is open source there's no hidden tech behind it, but Bay has one of the best dev around.

Do I answer you? Someone will chip in to tell you more

1. Currently there is only one competitor equivalent to David's Halo tech, and what I mean by equivalent is that it is trustless.
Shadowcash has also decided to utilize trustless escrow. I don't know how far along they are with their Client UI though, they will have limitations compared to Davids design, and I don't know how they will be able to match any rolling peg tech similar to BitBay, because anon tech has its setbacks when it comes to adding new features to it. David's Halo Tech Client UI currently works for BitBay, Bitcoin, and Blackcoin.  So as far as I know those are the only 4 coins that have trustless setup built into the Client UI. BitBay's main difference will be that it will include a rolling peg to remove the volatility factor that plagues cryptocurrencies and thus hindering adoption from merchants. Most merchants can't afford to lose profit on their sales so they immediately transfer any crypto transaction back to fiat. With BitBay's rolling peg stabilizing price, yet still allowing for price movement,  we hope to eliminate this final piece missing from the puzzle for mass adoption for merchants!

2. The tech is decentralized. If you want ownership you can buy the coin. After David completes the core build we will continue innovating because he also designed the first "user friendly" decentralized voting system built into the client! However, it's only fair that the more coins you own the more voting power you get. But the point is that we will not become stuck in gridlock like Bitcoin currently is. It seems Bitcoin is at a point where they will only change when it means life or death. BitBay's voting system is mainly based on determining the pegged value of the coin, yet it can be used for anything. For example, imagine in the future we have a team of developers, and the community makes a list of innovations they want added to the coin - we'd simply announce a vote for what innovation should take precedence over the others and then have the developers get to work on it! So the gridlock enigma Bitcoin faces will not be an issue for us in the future!

edit: And unlike Bitcoin - since BitBay is Proof of Stake, we actually have a much more lucrative ability to fund future developers!

Hope this helps!

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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February 21, 2017, 03:34:09 PM
 #3737

Thanks for the quick responses.


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We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
|
Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
TELEGRAM
TWITTER
GITHUB
REDDIT
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BITCOINTALK
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February 22, 2017, 12:21:03 PM
 #3738

Might get a bit hot in here, if this is correct.....  https://twitter.com/joshuajbouw/status/834220054527012864
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February 22, 2017, 12:23:56 PM
 #3739

Might get a bit hot in here, if this is correct.....  https://twitter.com/joshuajbouw/status/834220054527012864

Change for scammers to scam. Is there any proof that is big bobs project?
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February 22, 2017, 12:57:25 PM
Last edit: February 22, 2017, 01:11:45 PM by cr197
 #3740

Wow, yeah we are just learning about it.

No way to confirm anything yet for sure.

The most important thing to remember is that David has been trying to clear his name from the BitBay ICO thievery for over 2 years. All the while the founders that abandoned BitBay literally took the BTC and ran. Then they proceeded to slowly dump the stolen BitBay on the exchanges for over 2 years. Rather than revert the blockchain, the community decided it was best to leave the chain decentralized. We've been tracking their wallets for the last 2 years and finally believe they are out of coins, hence our recent increase in price.  However, the good news is that David has never given up hope that one day his name will eventually be cleared from the ICO scandal!
He is the sole coder for BitBay, which currently has the most advanced Client UI in crypto, yet the most undervalued coin on the market!
https://bitcointalk.org/index.php?topic=890531.msg17447155#msg17447155

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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