/bitbay/

Who here is enjoying the comfy /bitbay/ ride?

>POS currency
>decentralized peer to peer marketplaces
>include unmoderated private marketplaces
>marketplaces can be anonymous, it has Tor and proxy integration
>integrated offer and counter-offer negotiation system
>no fees or censure
>trustless unbreakable contracts (including double deposit escrows), yet still flexible (can allow refunds if both parties agree)
>easy to use contracts templates
>reputation system to see who is a good seller/buyer or not
>account management, including joint accounts
>can send paiements to emails
>top notch security with anti keylogger feature, cold staking, multisig multi passwords private keys, encrypted keys in image etc...
>peer to peer encrypted anonymous messaging
>soon to be price stable like Tether but far better because it will a decentralized rolling peg (it still can go up so you can still make ROIs)
>soon to be time conditioned contracts (for example it could permit to ensure your children get your crypto money if you die or just make efficient business)
>soon to have custom contracts written in Python (so it can be use by third parties software)
>soon to be GUI redesigned and mobile/web wallet
>no bloat on the blockchain because it uses peer to peer when it can
>open source
>has its own blockchain explorer
>documented & translated in many languages
>can make money by stacking 3% of your coins each year
>solid roadmap and efficient team
>still low price so you can accumulate and make good ROIs
>marketing is only starting now so there is even more ROIs potential
>is the only working crypto marketplace since years, not dumb alpha shit like Syscoin, Particl and Safex

This is literally a revolutionary undervalued crypto project. The growth of it is organic (blockchain business can fake their market cap by investing millions in their own currency). Best mid and especially long term hold. X20 ROIs easily expected by next year. You have been warned. bitbay.market/

Lol rolling peg?
Please explain that looks interesting

Basically it is an algorithm that freeze and unfreeze the supply of coins to ensure the coins stay price stable. It is totally decentralized and ensure that you always have at least the value of coins you had when you bought/received your coins.
Although it can still allow growth but at at stable rate.
So in the end you have the best of both worlds. Price stability for consumers (hence consumer adoption) and stable growth for good ROIs to please investors.

Also you can vote on the rate of this stable growth. I forgot to tell that the software allows to vote so it also good for decentralized gouvernance and thus not have political problems like bitcoin.

Isn't this the cryptocurrency endorsed by world renowned neurosurgeon and former presidential candidate Benjamin Carson?

Unironically just bought 100k. Good stuff right there. I'll keep an eye on it.

Dude this looks fucked up, but in a good way
This pretty much would make BitBay coin uncrashable if I guess it right?
because if in an uncertain market you freeze the coins, people won't bee ableto crash sell it.

Even better, if everyone knows that no one can crash sell, instead of getting down in value, it would actually rise in value instead

Is this good thinking or not?

BitBay is amazing. Veeky Forums only buys at 100 mil + market caps tho, so might as well not even post about it.

Do you know when the release of the rolling peg is?
Also, coin looks very undervalued if what you say is right.

I am bad an explaining it but no it is not fuck up, just genius!
It indeed would make it uncrashable. Even more solid than the centralized peg of Tether because Tether is backing his peg with centralized assets (mainly dollars in banks) so it just is like regular fiat at this point, while Bitbay does decentralized and internally.
Basically the rolling peg would keep whales away and stop letting them manipulating the price just because they have tons of cash.
Also the coins that are frozen are still in your wallets and can be used as financial assets, although this is too complicated to explain for now. Anyway the good thing to understand is frozen coins prevent the price from crashing as the supply of usable coins is reduced to ensure the stability.

>Even better, if everyone knows that no one can crash sell, instead of getting down in value, it would actually rise in value instead
Yeah this. Also the fact that as it is price stable, it drives consumer adoption forward and hence attracts even more investors. It is a win win in every ways.
The sole risk is that it grows "too fast" (as if there was such thing lol) because of it, but that's still good for our ROIs and consumer adoption as it spreads awareness.

All Carsonposting aside i'm pretty sure it should have some strong price movement soon. It peaked at 2k sats and with the new marketing they have going on it should pique some interest.

It is the more awaited and revolutionary feature so it has to be done right. Devs say it should be there around the end of the year, if not slighter after.
Devs always delivered what they said as a proof of all these working features so I trust them.
So that's good for us investors while the price is still low before the rolling peg and all.
And yeah all of this is true, just download the wallet. The GUI is a bit old but they plan to update it soon, and anyway that just works. I tested it myself. I wouldn't shill it if it wasn't the case. There are tutorial videos to show you how it works too.

Not surprising considering they are most of them virgin investors on a chinese cartoon imageboard haha.

Why would Bitbay ever move from where it is? It has been months where it is and even a 100b market cap increase didn't change anything. There are still so many bagholders who are just waiting to dump. It was at 0.055$ at one point and had wild swings, so there are lots of people who lost money and want to get rid of their bags. It is always the same with BB, once it goes up a bit, greedy morons dump all their bags.

Also I don't like the autistic solo dev who keeps arguing with idiots on bitcointalk forum and the countless shilling. Even though the project seems solid and might be a good alternative to sys that has been slowly bleeding to death.

Informed lad I see. Indeed!

But what happens when that sell pressure evaporates?

Whatever you say, it is a solid af project. Everyone had doubts about bitcoin at the beginning. It had enormous swings too. Personally I believe in bitbay because it brings features on the table that you can't find elsewhere and that actually bring tons of real world usage potential. It is exactly what is needed for crypto to take off. We are still in the early phase, if you are ravaged by doubts, you will miss on, just as much people missed the ETH train after bitcoin.
Also the dev is not autistic at all, he explained intelligently how the software works here and there but he mostly is coding all his time. He is not solo either, but he is indeed the main core dev.
No need to talk about syscoin, it just has too much flaws to consider worth using, even if it has a bigger market cap.
Well do what you will but I can ensure you that this bitbay stuff is fire and will without a doubt moon by next year.
If the persons that bought at ATH before sells, it is just weaks hands that will feed the strong hands that buy.
"The market is a place where wealth is transferred from the impatient to the patient".
Holding strong is the key. Crypto is still at its beginning.

You are shilling a bit too hard but you are actually right. Bitbay is good tech. Worth buying. Worth holding. I just wonder when it'll catch on and moon.

It's interesting to see Bay slowly and surely trudge along. It's been one of my very first holds alongside TaaS since Q1 2017. Not even mad I missed the 2k peak, because shit, there's never a way to know. For all I know, it could've just rocketed upwards after I sold. It's invariably safer to just hold.

BITBAY

>developer holds over 100 million bitbays in his personal wallet, which is 10% of the supply
>outdated wallet
>marketplace looks like its from the early 90's
>marketplace constantly crashes, is buggy, god awful UI and its resource hoarding as all hell
>you are not allowed to sell child pornography, guns, illegal drugs or fake money on the marketplace, which would be the only reason to actually use a decentralized marketplace
>developer will most likely cash out and disappear once he can sell his coins at 0.10$
literally a pyramid coin, no thanks

reported jesus

It's a bald guy kissing a baby on the cheek.

i know m8 i'm just playing along

MODS fucking delete this shit. Say hi to the FBI for me fuckhead

Jut looked at their recent AMA, dev says it's pretty anonymous because you can hide your marketplace, but on public marketplace yo uare not allowed which is the same as the other marketplace cryptos.
And he is also interested in zero proof techno which is the best existing for anonymity.

The UI doesn't bother me, priority in crypto should always be tech, as long as they are conscious it's absolutely not good looking it's fine for me.

Also I don't think it's a ponzi, ponzi make beautiful websites and release illusion, here it's quite the opposite.

So I was looking for a marketplace crypto to hold, I think I'll make this one my hold.

>developer holds over 100 million bitbays in his personal wallet, which is 10% of the supply
Most of it was allocated as development & marketing fund since long ago and it uses to pay developers and team members so actually that's false accusation to say he personally holds that much. Anyway if you knew crypto, most other projects have faaar bigger amounts hold by devs. You must be new.

>marketplace looks like its from the early 90's
Yeah and I said it will be updated. It is still better than most other wallets.

>marketplace constantly crashes, is buggy, god awful UI and its resource hoarding as all hell
Simply false. You are just fudding. I had no problems with the software.

>you are not allowed to sell child pornography, guns, illegal drugs or fake money on the marketplace, which would be the only reason to actually use a decentralized marketplace
1. False as you can use private markets as I said.
2. We don't want stuff like that on public market because that's degenerate and will prevent mainstream adoption.
3. Decentralization has many more valuable reasons to exist than satisfying your drug addiction.

>developer will most likely cash out and disappear once he can sell his coins at 0.10$
1. Rolling peg will prevent any crash by whales.
2. The main dev actually cares a lot about this project and worked alone for free two years when the original founders left. He has strong ethics and morals, not like you darknet junkie.

Thank you for your shitpost. It helped clarify some points.

Crypto and bitbay are just starting. Holding is the way. Good ROIs coming for sure!