BitBay General #2

BitBay General

Waiting for the Dust to Settle Edition

BitBay (BAY) is the world’s first FULLY FUNCTIONAL (RIGHT NOW) decentralized market client that utilizes double deposit escrow. The highly anticipated rolling peg is anticipated to be complete around the end of this year. Eliminate the middlemen, save some money, TRADE YOUR CRYPTO FOR FIAT, 100% safely, from the comfort of your own home.

LINK TO DESCRIPTION OF LATEST UPDATES IN MARKET CLIENT (YUGE!)
bitbay.market/performance-upgrade-bitbay-client-version-1-27/

ANN Thread:
bitcointalk.org/index.php?topic=890531.0

Invitation to BAY community Slack (600 Members)
bitbay.market/wp-login.php?action=slack-invitation


Exchanges:
Bittrex
C-CEX
PoSW


Twitter:
twitter.com/bitbayofficial

Official Website:
www.bitbay.market

CoinMarketCap:
coinmarketcap.com/currencies/bitbay/

Wall of Features (current and upcoming)
bitbay.market/walloffeatures/


Github:
github.com/dzimbeck/BitBay

Commercial:
youtube.com/watch?v=Gp-K0qxvsRU
youtube.com/watch?v=nrXm03ZSr_0 (Espanol)

Other urls found in this thread:

bitbay.market/wp-login.php?action=slack-invitation
bitbay.market/walloffeatures/
youtube.com/watch?v=HrXUZRGd1hE&list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU
twitter.com/SFWRedditGifs

BAY is bae

bitbay seems to not give a shit about the normal pump and dump waves of altcoins, weird af

This is why I spread the word of BAY, it's one of the comfiest long holds, backed by solid fully-functional tech and one of the best Autists in Crypto.

Pic Related - Zimbeck = Lambos

Checking my own dubs

Giving her a good old bump with more info

wtf

You act like you've never seen a crypto dev before. What did you expect?

shit that chart is beautiful

wait, so can I buy BAY now or no?

Yes it's on Bittrex

here's the chart btw if anyone is interested

So what's the difference with shapeshift and how is bitbay the first?

BitBay isn't really a coin exchange, although it can be utilized as such. It is an entire decentralized marketplace, and using double deposit escrow, it enables trustless transactions between two parties (using smart contracts). A more comparable competitor would be 'Syscoin' but they are cucks and Sebastian tells lies about us because they know their shit is weak compared to our solid tech, all they do is market.

isn't shapeshift for buying coins?
bitbay is like decentralized ebay

Precisely. You get it.

Would be nice if they revamped the website, it's kind of tacky

Check'd. Yeah if you join the Slack talk to Meta about that, he is in charge of the website and we're going to do a temporary revamp before the full revamp. We have quite a bit of funding available now given the price increase and all that jazz.

You should give us a heads up when you figure out a date for the website revamp, I think all you guys need is more marketing and this shit should skyrocket. Still holding SysCoin to hedge but I like Zimbeck, he's a good guy.

Ah, OK. Then how does that work with regard to physical item escrow? Is there human intervention in order to resolve conflicts?

That's definitely a neat concept, but is it actually formally sane?

i don't know but how did it work on silk road? i think it involves some layer of good old fashioned trust

The double deposit escrow, in layman's terms, is like the "Mexican Standoff" of transactions. When neither party benefits from a transaction not going through, there is no incentive to rip off a customer. In addition, if you cause a customer to lose money through dishonest/poor business practices, the reputation system will sort out "good" BAY users from the "bad" BAY users. If this sounds like a radical concept, the elimination of all human arbitration between transactions - that is because it is, and that is why I became part of the team. This has huge potential to save a lot of people a lot of money, and it isn't vapourware, it is available RIGHT NOW.

protip: don't make everyone white

what happens if you get send items but then claim you never got them so you never pay?

So are you planning on making it somehow easier to access, use and understand by normies?
Will you be targeting normies? How do you plan on promoting bitbay?

So should I just buy 1000 BAY right now and hold, or wait for them to drop in price? They're worth $.03 cents right now, so it's only like $30.

Lol! I will speak with the marketing department about that at the next meeting, my Veeky Forumsbro, please do not take it the wrong way.

I would not be shilling here today did i not have full confidence that Zimbeck is onto something with his BitBay software. We've made it this far on tech alone, let's see what the hypetrain and a couple more devs will do.

Pic Related - will this man code my Lambos?

Have you tried actually answering the question instead of spewing buzzword? That could help people actually care about bitbay.

I wasn't offended or anything that they were all white, I just figured it would help y'all from a public view standpoint lol

very handsome :)

the post you replied to made sense to me. Other stuff was buzzwords though.

My questions is this: how will you get products on the site? How will you get normies using the site?

Will 6,5k bitbay get me to lamboland?

Let's be honest here, why would bitbay work?
People love being baybsitted & knowing that their money will not be stolen or won't be scammed, using ebay gives them that assurance

My apologies, I am not trying to obfuscate anything. Please join the Slack for in-depth answers from the dev (dzimbeck) or the other team members (sirlosealot, funsponge, craig). While I am knowledgable about BitBay, I am merely a marketing guy, not a 10-year Blockchain veteran. Also, see the infographic for more information on double deposit escrow, it's not just word salad haha.

bitbay.market/wp-login.php?action=slack-invitation

Short term:
1.) Website revamp
2.) Active social media management (that's me!)
3.) Bounty list to allow for outside actors to participate in the development/promotion of BAY and the decentralized marketplace
4.) List Youtube tutorial series on Bitbay.market for ease-of-access to interested Users

In the long term we will focus on things such as:
- large improvements in the UI (She works, but she ain't sexy or intuitive yet. Prioritizing functionality over form until we're ready for the next stage, and plus we can probably outsource development of "easy" stuff like making cooler looking buttons lol )
- Active marketplace with more consumer products
- Web wallet

See the wall of features for more info: bitbay.market/walloffeatures/

You would lose your deposit, therefore you would not benefit financially from this course of action in any way, and would receive bad feedback on your profile. See the infographic for a more detailed explanation.

Pls answer. This is all i got now.

Not gonna lie, bitbay looks good with all the features & its actually working,

Why is the price still so low though?

It's not a site, it's a decentralized market client (pic related)

Advantages of using BAY over other platforms
- no need for an account
- no listing fees
- decentralized (open a private market and sell whatever you want, public market is moderated though at a minimum - solely to avoid David getting Ross Ulbright'd, buy your child porn somewhere else)
- No need to worry about currency exchange rates and all that jazz when conducting international business

In addition, smart contract templates will be completed that allow for a range of functions beyond merely buying and selling items. (pic related). The Cash-for-coins template is already available, and allows for trading any cryptocurrency for cash.

eBay's dispute resolution process is highly flawed. It is a big reason of why I was so excited when I found out about this project. Furthermore, this will not be space-alien technology for long, I see a very bright future for BitBay.

Seems to be a really good community behind this. Might drop some dosh in this for that alone.

cash for coins will probably keep it afloat, you will have to do a lot of marketing to turn it into the next Fiver, but I don't think it's impossible.

looks like a literal stoner. no thanks.

I think you need to get a second job and buy more crypto in general if that's all you have (not kidding, not just talking about BAY either, these are the boomtimes my man)

You may be able to purchase a used Lambo 5 years from now but i doubt you will be able to afford maintenance on it.

We have done virtually zero marketing. The website is old as FUCK (so old i'm not going to tell you how old it is), which is why I have been hounding Meta to update it, and we have been reaching out to web devs as of recent. This coin is literally 100% serious, and we have not been like Syscoin who have been pimping their "marketplace" out for a long time (well before it was even open or functional, SAD!)

The fact you can trade cash for crypto alone should bring it to a much higher market cap imo.

Thank you. Yes marketing is very important, I've recently been placed in a position to increase our social media presence and will be taking advantage of it, I assure you.

I unironically will tell you it is the best Slack i've been in in crypto. Friendly, helpful community, and no shitlords in it (yet). No moonkids either. I've been in a decent amount of Slacks, very few are as "business-oriented" as BAY. We're working to improve the platform and community every single day.

Pic related - All crypto developers are certified 100% MADMEN and you should not judge them by their personal appearances, you would do yourself a grand disservice to do so.

VITALIK is ugly af senpai

Have any of you tried the shit website? Half is still Polish and it doesn't properly work.

ALMOST fell for this one.

> Still talking about BitBay.net and not BitBay.market
> Somehow confuses coin exchanges for actual cryptos available on Bittrex

user pls.

moon mission confirmed

If BAY got shilled 1/10th of the time all these other shitcoins got shilled, we'd all be sitting on a goldmine, but Veeky Forums hates money. They have to buy magic beans or racist epithet coins that do nothing.

What's been preventing this from talk off? And how do I transfer to fiat from bay?

weak FUD
0/10

A lot of you are missing the point in the peg which will happen at Xmas. It will catipult bay to a marketcap of over $200m

It's going to be like 'Tether' which has a marketcap of $130m but alot better!!

Forget the marketplace aspect of it. Look st the potential of the rolling peg! It's Gona be HUGE!

Fuck it, more time to accumulate for us then

See 3rd answer as to why there is not more awareness of BitBay in the crypto market. As for the cash-for-coins smart contract template, you will need to download the marketplace wallet client from bitbay.market and follow the necessary tutorials. If you need help, please join the Slack and someone will be available to walk you through the process.

I agree!

How exactly is .market related to .net anyway?
When I first searched for bitbay it threw me off too...
You might want to do something about that desu

Well, I just bought more BAY so I might as well spam this thread like a motherfucker and keep it on the front page.. biz needs janitors badly

Also I want to add that Syscoin have abandoned their sysmarket and trying to create a new one called 'blockmarket' which is nothing but a concept at the moment! And it has a value that is 3 times higher than bitbay! That doesn't make sense does it!

No I was actually interested I already sold some of my waves then I visited the website it game me some weird language errors and won't give me a btc adress/

It's not related at all. We have discussed changing the name on several occasions, but frankly I think most people who pay attention will notice that a Polish coin exchange is not the same as a cryptocurrency (lol should be more obvious to people but i guess 90% of crypto investors do absolutely no research or something). We're not very worried about the confusion - it will be quelled in due time, when the marketing has been initiated full-scale.

This is exactly why I keep telling Syscoin fans. I hold both but I really fuck with BAY. It is more "true to crypto", in my opinion.

Sir please get it together

So why has bitbay just recently had a huge increase in value?

We're raising brand awareness and have a completely rock-solid platform we're working with. I am not just shilling on Veeky Forums, although it is my modus operandi to hit this board frequently, I have also been active in other social media channels as well and I assure you, larger things are being coordinated than just my foolish self posting on random boards around the internet. As soon as we whore ourselves out like all these overvalued ICOs we can start going places.

Long story short: people literally don't know BitBay exists. Now they do. So the price is going up. Crypto is not an efficient or information rich market, I guarantee you many people reading this thread have NEVER heard of BAY before. Especially not with all these cocksuckers and their useless WAVES shitcoins.

You can't deny that upon first entering the .net one, You can clearly see it's crypto related & bitbay logo looks really similar to the one you are using.

This got me confused, I mean I just thought It's all related to bitbay anyway

Bought 20,000 on good word the marketing team was just a switched up and better marketers were hired.

Lmao when bay becomes the new shill coin, and it's been here for so long already

>WAVES shitcoins
I would restrain myself from calling WAVES a shitcoin

No actually I did send a report ticket as it gave me a ticket number which did work. I'll await a response before getting in on this.

Noted. I will bring this up at the next meeting, perhaps there's SOMETHING we could do.

Part of me wishes the logo was switched to Red, to be more eye-catching and edgy (not very many red crypto logos). Probably just the weed talking and i doubt David would ever do that lol but I am serious, I will bring up your concern. I won't lie and say we don't get it a lot.

Everyone told me I was an idiot for buying into BAY... at 300 satoshis

They just never learn

Ok so it's not related. Actually it appears not very obvious at all.

post wallet with 20k BAY

> tfw holding 650k BAY

I'm on the team and I sold half my stack early like in a true weakhand fashion. JUST

At what price did you stack those baes?

300 satoshis. Had like 2 million but i pussied out! Still made my gains and diversified my portfolio but man. Would have been nice. At least I can sleep at night not keeping all my stack in one play though. I wasn't calling WAVES a shitcoin earlier btw, I meant all the coins you can list on their decentralized exchange (Niggercoin, Beanercoin, Kikecoin, Holocaustcoin etc.)

>The worlds first trustless marketplace

You really need to word that better if you want normies to catch on.

kek it's an old advert. Noted though. I appreciate the oldfag meme though. Man i have been here way too long.

>www.bitbay.market
Ok you convinced me with yo shills. I'm in.

You best get that polish exchange to fuck off though.

Thank you, I try my hardest to convey my sincerity about the project and where we're going with it. As a Veeky Forums native, I feel obligated to post here first. They always tell me to focus on the Bitcointalk and all that but frankly I don't think namefag forums compare to the community of shitlords and memesters we have here.

As for the Polish, they will be dealt with in due time...

Keep shilling OP

I'm getting rock hard

Check'd.

Well, I don't necessarily believe in straight up spamming so I will have to cease at some point for the evening if nobody has any more questions.

legit won't buy a coin if someone associated with it posts on Veeky Forums

wish you luck though.

That hurts my feelings. Do I come across as insincere or shilly in any way? Genuinely serious.
This coin has been around for quite some time, and as a native Channer I feel it is a legitimate marketing channel to post here regardless of what people say.

>native channer

cringed. but that's actually my point. the people here are sociopathic assholes who ruin peoples lives for fun.

Also i've made a literal fuckton of money following Veeky Forums advice so i probably won't stop marketing here regardless, idk why people are so scared of Veeky Forums advice. Just do your due diligence outside of Veeky Forums and use Veeky Forums as a place to find "potential" picks, imo.

If you find it to be such a distasteful community, why do you come here? Surely you must get some utility from being here?

As for the native channer comment, I wouldn't know what else to call myself. I've been here for over a decade now, it's the best place to get up-to-date information if you know how to read it.

you have a good presentation via text, hopefully this moons I just bought 2k

Yeah I'm pumped about the rolling peg. Especially after a dip like today

Not like bay even needs the rolling peg after seeing it's stability today though

You earned yourself a tiny moon for responding to me so quickly. Sorry we took so long ;)

Thank you, I try to take this as seriously as I can. I truly believe BitBay is one of, if not the most undervalued coin in crypto, and am hoping I have made my case to the Anons of this board.

BitBay top 20 by the end of the year - if anyone would like to screencap this for posterity I would like to place my bet.

So I am putting $100 into Bitbay, We looking at a 4x by summers end?

OP giving his all and putting it all on the line to make me some gains, God bless you BitBay shill, you're the best shill in Crypto

Personally, I believe so. I hope you would not rely on this estimate, as I am merely a marketer/client user, because I clearly am quite biased, but if you download the wallet client and talk to the community in the Slack you may come to a more informed decision than relying on my personal conjecture. In addition, our marketcap seems to be growing at an accelerating rate, so I feel we must be gaining some ground in the market. I doubt growth will slow down, given that I see no real competition at the moment in the same niche as BitBay.

What are some differences between BitBay and Iconomi?

I am under the impression Iconomi is only for the exchange and management of digital assets, whereas BitBay is more of a decentralized marketplace for goods/services whether they be digital or IRL.

Sounds like iconomi and nvo won't be able to compete

I am not familiar with nvo. These projects sound like they are of a different category than BitBay though.

Due to the pegging bay will be AT LEAST the price of Tether ($130m). I expect it to go a lot higher as Bitbays peg is a rolling peg so it can go up in value also due to wallet owners voting to increase the peg price

Think 6 months down the line. Don't get kissed off if it doesn't rise within 3 days. Buy and hold for huge gains

Oh but it already took off...

This program as it stands is impossible to use. I just see numbers everywhere.

Like, I open a market order, and there's just a tab that says "Amount: 0.001, $0, Bitbay". What does any of that mean? This is going to have to be a lot more user friendly if you want it to take off.

We do have in-depth tutorials available at: youtube.com/watch?v=HrXUZRGd1hE&list=PLILfNPSQCo6yjFiwXY6-C-ikIDs6v2nHU

and again, for technical assistance it is encouraged to join the Slack. I am not telling you that BitBay is 100% finished and ready for viable commercial usage, I am telling you that it is 100% functional and the beta version does everything we claim it does.

I used it to buy a cool 3D printed pepe and a fridge magnet and I'm no genius, so the program is certainly comprehensible.

Don't feel bad.

You don't actually have profit until you cash out, right?

Once you cash out some to pay for your initial investment and a bit extra, your hands turn to iron and you'll be able to HODL until you head straight to lamboland.

t. user who sold 70k REDD and will now HODL his 250k until it turns into 100k fiat.

At the time I was also unaware I would morph into my final form as the last shill you see before your Lambo

Im going to bed but i want to give you one last bump

Stay frosty bro

Sorry for the tiny dip. We wanted some more :) Will be back.