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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 542029 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
cryptohunter
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December 15, 2017, 03:11:43 PM
 #5841

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

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December 15, 2017, 09:00:56 PM
 #5842

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.
danielwwt
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December 16, 2017, 04:54:01 AM
 #5843

The alt coins market is a crazy bussines, once upon a time the alts went up when bitcoin went up. Now it is the other way around, it is a bloodbath at the moment. If bitcoin is going to 500.000 or a million dollars then the altcoins are priced at what? A few satoshi? Iam going to change my strategy bigtime, that is stockpiling and hodling bitcoin.

Alts going down when bitcoin goes up is the rule. The opposite has been the exeption. You want a lot of bitcoin? Make sure you are in alts when the tide turns.

Right and also if Bitcoin is a million dollars a coin (which isn't going to happen because it can't scale) then altcoins would boom anyways.

A Bitcoin rise never hurts altcoins in the long run because holders of Bitcoin simply have more spending power and thus more inventive to diversify. Plus it draws attention to the industry and brings new people in. Also Bitcoin price rising drags up the fiat value of altcoins.

Granted I'm one of the first people to get upset that I don't hold "more Bitcoins" due to not selling. A mistake I've made oh about... let me see... a bazillion times. Don't be afraid to keep repeating that mistake because we aren't psychic. It's very easy to look at the past and say "oh I should have done that".

To test start with a quarter. Call it heads or tails. Lets say you call tails. When it flips to heads simply say to yourself "Oh damn I should have chosen heads, I knew that... next time I'm gonna choose heads." Just don't get upset if you keep guessing incorrectly.


Love your point.

When I look back last six months, I always wanted to kick myself. However, one thing I learnt is that keep your portfolio diversified. Don't go all in into either bitcoin or altcoin. Bitcoin rise definitely attract attention to the whole crypto world. IMO, short term altcoins may hurt from btc rising, however new investors won't let their bitcoin sit there when they find out all other cryptos. That is the time when REAL PROJECT will shine.


toknormal
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December 16, 2017, 09:47:31 AM
 #5844


$13 Million trading volume today for Bitbay ?

Immense !
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December 16, 2017, 10:49:17 AM
 #5845

Hello,

  We all know Bitcoin has been killing it lately and has hurt a majority of the alt coins.  There is no reason why Bitbay cannot climb and claw its way back up to its all time high of approx. 1900 satoshis. 

  With the soon to be released peg (sometime in Q2 of 2018) and all the recent positive developments combined with everything that is still too be released,  Bitbay and its long time holders as well as current and future holders have a bright future ahead of them

Thanks

 
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December 16, 2017, 12:23:45 PM
 #5846

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.

Thats a big error on their part then because this forum creates free and targeted advertising for bitbay. Slack is for those already aware of bitbay.

Never underestimate the power of the main board here. This is crypto central and the place most noobs arrive to consult for investment advice and ideas.

dzimbeck
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December 16, 2017, 05:05:39 PM
 #5847

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.

Thats a big error on their part then because this forum creates free and targeted advertising for bitbay. Slack is for those already aware of bitbay.

Never underestimate the power of the main board here. This is crypto central and the place most noobs arrive to consult for investment advice and ideas.

I agree that Bitcointalk is important. For a long time I've had on the bounty list to have community managers and threads for multiple languages. I think the thing is all of our core team is worked to the maximum. I'm optimistic that this will change soon.
AltCoin555
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December 17, 2017, 04:22:06 AM
 #5848

Wah! I had 40k bitbay back in the day and lost it. So minus that the available supply, it's gone forever.

Learn.
rqdxrocket
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December 17, 2017, 11:18:03 AM
 #5849

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.

Thats a big error on their part then because this forum creates free and targeted advertising for bitbay. Slack is for those already aware of bitbay.

Never underestimate the power of the main board here. This is crypto central and the place most noobs arrive to consult for investment advice and ideas.

The best advertising is free advertising, and this forum is the best there is to get the word out

There has been tremendous growth this past quarter with Bitbay and it should only continue into the future

cryptohunter
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December 17, 2017, 03:40:49 PM
 #5850

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.

Thats a big error on their part then because this forum creates free and targeted advertising for bitbay. Slack is for those already aware of bitbay.

Never underestimate the power of the main board here. This is crypto central and the place most noobs arrive to consult for investment advice and ideas.

The best advertising is free advertising, and this forum is the best there is to get the word out

There has been tremendous growth this past quarter with Bitbay and it should only continue into the future



Totally agree with you and David.

If any bitbayers can keep conversations up on this thread

https://bitcointalk.org/index.php?topic=2479595.140


will be great.

I mean there are only a handful of projects that can be classed as REAL projects on this board outside of the top 10 and bay is certainly one of them so even if we can narrow the view of all the noobs to just real projects BAY is going to do great.

Most get snatched by scams and vapourware marketeers.


rqdxrocket
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December 17, 2017, 03:45:39 PM
 #5851

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.

Thats a big error on their part then because this forum creates free and targeted advertising for bitbay. Slack is for those already aware of bitbay.

Never underestimate the power of the main board here. This is crypto central and the place most noobs arrive to consult for investment advice and ideas.



The best advertising is free advertising, and this forum is the best there is to get the word out

There has been tremendous growth this past quarter with Bitbay and it should only continue into the future



Totally agree with you and David.

If any bitbayers can keep conversations up on this thread

https://bitcointalk.org/index.php?topic=2479595.140


will be great.

I mean there are only a handful of projects that can be classed as REAL projects on this board outside of the top 10 and bay is certainly one of them so even if we can narrow the view of all the noobs to just real projects BAY is going to do great.

Most get snatched by scams and vapourware marketeers.



done thx
cryptohunter
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December 17, 2017, 09:24:40 PM
 #5852

is there really 21 bitbay supporters

https://bitcointalk.org/index.php?topic=2479595.140

you can do better Im sure.... if there is all these bitbayers on slack tell them to get their butts over there and give a vote

they havent voted on here probably for the same reason why you havent jointed Slack. They see no need to be on here as they get all there Bay info from the new forum and slack.

Thats a big error on their part then because this forum creates free and targeted advertising for bitbay. Slack is for those already aware of bitbay.

Never underestimate the power of the main board here. This is crypto central and the place most noobs arrive to consult for investment advice and ideas.



The best advertising is free advertising, and this forum is the best there is to get the word out

There has been tremendous growth this past quarter with Bitbay and it should only continue into the future



Totally agree with you and David.

If any bitbayers can keep conversations up on this thread

https://bitcointalk.org/index.php?topic=2479595.140


will be great.

I mean there are only a handful of projects that can be classed as REAL projects on this board outside of the top 10 and bay is certainly one of them so even if we can narrow the view of all the noobs to just real projects BAY is going to do great.

Most get snatched by scams and vapourware marketeers.



done thx

cheers ..

bitbay doing nicely lately

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December 18, 2017, 01:08:25 AM
 #5853

this coin is way undervalued,  the price should keep rising until 2 digit imho

"...I suspect we need a better incentive for users to run nodes instead of relying solely on altruism...",  satoshi@vistomail.com
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December 18, 2017, 05:30:02 AM
 #5854

this coin is way undervalued,  the price should keep rising until 2 digit imho

I concur.  Imagine when rolling peg hits and the next crypto crash starts happening.  When people start fleeing into Bay instead of tether or Fiat.  This is a very likely scenario.  This project is a Monster and anyone who's gotten into it early will be a millionaire.

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December 18, 2017, 06:54:48 AM
 #5855

this coin is way undervalued,  the price should keep rising until 2 digit imho

I concur.  Imagine when rolling peg hits and the next crypto crash starts happening.  When people start fleeing into Bay instead of tether or Fiat.  This is a very likely scenario.  This project is a Monster and anyone who's gotten into it early will be a millionaire.

Why would people flee into bay instead of tether or fiat? what advantages are there ?
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December 18, 2017, 08:21:00 AM
 #5856

this coin is way undervalued,  the price should keep rising until 2 digit imho

I concur.  Imagine when rolling peg hits and the next crypto crash starts happening.  When people start fleeing into Bay instead of tether or Fiat.  This is a very likely scenario.  This project is a Monster and anyone who's gotten into it early will be a millionaire.

Why would people flee into bay instead of tether or fiat? what advantages are there ?

well tether is a disaster waiting to happen and try fleeing to fiat right now in any kind of amount over a few bucks. all the main exchanges out to fiat are crippled i see bitstamp is crushed people all screaming their money is locked in there and no way out.

are people having sync issues today  I see a few of my wallets not synced and resyncing from scratch is taking forever and they seem stuck??

is there any issues today?

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December 18, 2017, 08:42:38 AM
 #5857

this coin is way undervalued,  the price should keep rising until 2 digit imho

I concur.  Imagine when rolling peg hits and the next crypto crash starts happening.  When people start fleeing into Bay instead of tether or Fiat.  This is a very likely scenario.  This project is a Monster and anyone who's gotten into it early will be a millionaire.

Why would people flee into bay instead of tether or fiat? what advantages are there ?

Bay will launch a one of a kind feature called rolling peg. Basically it will allow freezing and unfreezing of coin supply to stabilize price through a consensus vote mechanism.  This can protect the price in any big sell off and also doubles as a feature that allows the token to have a predictable price, thus encouraging vendors/sellers to accept it.  It's superior b/c it's a dynamic peg that is controlled entirely by community consensus while tether is fixed to a certain price.  Also it allows users a safe haven without having to sell out of crypto.

The only other project hinting at something similar is United Bitcoin, but that hasn't even released yet.

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December 18, 2017, 10:29:56 AM
 #5858

Folks,

  Its exciting times for sure for Bitbay but we are only getting started.  Check out the Bitbay website and look at the upcoming releases on the roadmap.

Thanks
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December 18, 2017, 11:22:24 AM
 #5859

I think that bitbay needs to invest a little more in marketing for the project. A little investment goes a long way. It's all about the presentation.
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December 18, 2017, 12:03:12 PM
 #5860

I think that bitbay needs to invest a little more in marketing for the project. A little investment goes a long way. It's all about the presentation.


Working on it. Expanded the team with 7 people the last ten days or so, and will expand more. But it takes time to build a team, teach them about Bay, and find a good workflow.
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