/Bitbay/ http://bitbay.market/

>POS currency
>decentralized Bitmessage based (potentially stronger than Tor and has Tor+proxy integration) peer to peer private/public marketplaces (private ones can't be moderated)
>integrated offer and counter-offer negotiation system
>Dollar price tracking automatically converts to $ dollars so you don’t need a calculator
>trustless unbreakable contracts (including double deposit escrows, to force anyone to do what he said he would do in the contract), yet still flexible (can allow refunds if both parties agree)
>no middlemen nor arbiters nor fees thanks to the contract system that acts as self assurance
>easy to use contracts templates (template for selling coins like a decentalized "local bitcoin!")
>reputation system to see who is a good seller/buyer or not
>account management, including joint accounts (the ability to sign transactions with 2 computers)
>Document and text sign/verify options using public keys, useful for notary!
>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
>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
>can do decentralized vote so nice for decentralized gouvernance
>solid roadmap and efficient team
>is the only working crypto marketplace since years, not flawed alpha or unreleased shit like Syscoin, Particl and Safex
>soon to be price stable thanks decentralized rolling peg (it still can go up so you can still make ROIs)
>soon to have custom contracts written in Python (so it can be use by third parties software) + time conditioned contracts (for instance, having a crypto life insurance for your children)
>soon to be GUI redesigned and mobile/web wallet

Literally the most undervalued altcoin out there.

Good post OP. It's rare to see a shill that actually explains why his coin is good.
I am already holding some BAY since early this year and so far it has been a good ride. It should definitely x20 again by next year as it is a solid project so I am holding strong.

I also hope for a top 20 mc AT LEAST
It outclasses the competition on so many levels, I mean, people are already using this and buying acres of land,, crazy shit

Apparently you can even trade crypto on it and buy with all of them.

Thanks user. We are going to make it!

Hahaha yeah shit is crazy, the guy was selling like 3.5 acres of lands for like 7k$ in Bitbay coins, and the most crazy of it is that these lands were located in mothefucking California! It was so fucking cheap.
Yeah you can trade crypto with it! More slowly than exchange but far safer and with no fees. It is convenient to remplace services like "Local Bitcoin" for instance. All that is peer to peer trading with other people and you want to make sure the person does what she says.
Tbqh, one year from now Bitbay could easily be top 50. It just has too big of a potential. Veeky Forums is warned.

I wouldn't expect any less, the rolling peg alone as a feature could help us to get there

Things are going to get quite interesting very soon with that.

I've been a HODLer of bay for 8 months and it's definitely starting to get noticed now! still waaaay undervalued considering all its features so now is a good time to stock up on bay for a decent return on investment

> he bought at 2k satoshis

good luck fags, SYS is way better

Wew, get a load of this guy. I’ve been in BAY for awhile, top notch devs, working product. Don’t know why biz hates this project but I’ll just keep selling high and buying low until this fucker is a top 25 coin. Leave, SYSsy boy, or be purged.

Haha not even. My bags are light. My ROIs are good. Not like your shitcoin called syscoin.
How will you justify that SYS still is POW, use middlemen, is fully moderated, bloat its blockchain, lacks tons of the security features and doesn't even plan to become price stable thanks to a decentralized peg?
You have no arguments except saying "muh coin is better" simply because it is actually false.

was obviously addressed to

Where is proof some guy sold land for it?

The AMA on the 3rd in the ARK slack.

It was on the bitbay slack and all. I even contacted him to have info but he was already in the middle of selling it using a bitbay contract. The public marketplace has a few contracts but there are some deals being done in private marketplaces or private contracts. It is probably what it is the most used for considering the public marketplace is still very new to people and hence not very well known.

> implying SYS doesn't have a partnership with microsoft

>implying BAY is not backed by Google

And what's the use of the token?

Put the bong down, son

>token
This is a word used for sub tier traded assets of Ethereum and the likes (assets from blockchain platform).
Bitbay has its own currency (currency like Bitcoin, not a token) that is used the power the contracting system and the marketplaces. Although you can use other currencies to make contracts, but the escrows will always be in BAY.
Obviously it is more advantageous to just use BAY from A to Z.

I've been looking for another good Bittrex coin. Thanks user, just bought 3k

to power*

Smart user right there.

Only a fool would buy BAY over SYS

Enjoy your bags

Sys is only good for it's GUI, the rest BitBay already has or is garbage

Best example of that is transactions are done with help of middlemen, which is completely shitty imo considering that's the whole purpose we want blockchain and crypto to repace our current system.

And no amount of syssy coin shilling will change that fact

I'd counter everything you said but I'm not done accumulating SYS. I encourage everyone here to do their own research before blindly investing into shitcoins like BAY.

>POW
>Use middlemen
>lacks security features
>bloats its blockchain
>is moderated everywhere, hence censurable
>no trustless unbreakable contracts
>has no decentralized peg in its roadmap to become price stable

All of these are huge flaws to true decentralization and crypto efficiency.

SYS is literally slowly bleeding to death right now and we know exactly why: there is a better alternative called Bitbay.

Although I will agree that the UI of SYS feels nice but Bitbay plans to upgrade its UI soon. And anyway it is the tech under the hood that matters.

interesting project. Very undervalued.

With that said I still have no idea how it really works?

>How is this more "anonymous" than tor. If so why aren't dark web markets ran in bitbay?
>The platform, why hasn't it grown organically yet, if it is as awesome as it sounds (being a decentralized market place and all, you would think drug dealers, credit card scammers and others would have found out about this site already.
>What is the value proposition for bitbay currency? what is bitbay coins used for in the platform?


I got a few more concerns but I will be checking out this project shortly, hopefully the moon mission doesn't start before my research is complete

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

Yeah sure you would :)

I suggest the same to the others, try to go beyond the shilling, Sys coin has a bigger mc but that doesn't mean anything right now.

You are lying about the dev having 10% and lying about the marketplace constantly crashing

you are not allowed to sell illegal shit on the PUBLIC marketplace, but private markets are practially impossible to find so you can, but they do'nt say that of course because why the fuck would they put that forward?
Also dev is interested in zero proof technology, look at the AMA they did with Ark.

The only that is right is that it's not good looking right now, which you repeated because you know it's the only thing that's true.

Also, it's impossible to scam with rolling peg.
How does sys promise you they won't scam you?
They don't :)

Stop spamming the threads with copy pastas desinfo you pathetic shill.

This is a copy pasta. I already answered him this thread → as you can see in the screenshot of .
Of course he didn't fight back as he has nothing to say except lies and desingo. This is a miserable guy. Probably a scared SYS shill.

Kek, such a pathetic attempt at fud.

Bro you’ve been posting this FUD since roughly March of this year, get a fucking life

I have 2500 SYS also.

Feels good to have some of both.

>How is this more "anonymous" than tor. If so why aren't dark web markets ran in bitbay?
>The platform, why hasn't it grown organically yet, if it is as awesome as it sounds (being a decentralized market place and all, you would think drug dealers, credit card scammers and others would have found out about this site already.

It uses Bitmessage. It is a peer to peer encrypted protocol. Go check this out to know more on why it can potentially be stronger than Tor. Also the client has in addition to that a Tor + Proxy integration so it has maximum combination of anonymous statues.

Why dark web markets don't run on Bitbay?
1. It is mainly not known at all yet (as it is new and all, and because there never was marketing about it).
2. Bitbay's peer to peer is ultra anonymous but the blockchain currency is based on Blackcoin POS currency which is pseudonymous but not totally anonymous. So overall Bitbay is mostly anonymous but not totally as its currency is as anonymous as Blackcoin (which is better than Bitcoin privacy but still not totally anonymous).
Although to be completely anonymous, the main core dev is investigating how to do that using zero proof technology, so it is likely that Bitbay will at some point be totally anonymous and hence the dream of all dark markets (I don't endorse dark markets doings, but I endorse freedom).

>What is the value proposition for bitbay currency? what is bitbay coins used for in the platform?
It can be used for anything as a decentralized currency and it allows peer to peer marketplaces with NO FEES, NO MIDDLEMEN and NO SCAMS. Also its contracting system permits to create contracts that make sure both parties do what they say. Overall it could replace eBay and lawyers because it makes sure people don't get scammed with its reputation+contracting system.
Well there is many more but by reading what I said in my first post in this thread you should use your imagination. There are just too much possibilities.

So it can be used by black markets if the currency of bitbay is solely used as escrows and that they use another totally anonymous currency as transaction mean. In this case it is almost as good as totally anonymous. But if they only use the bitbay currency, it is not intended to be fully anonymous. The peer to peer is but not the blockchain.

Thanks dude. I was about to go all in and invest but you make a great point about the dev and his holdings.

Haha here you are the fudder's accomplice. Or just the fudder that replies to himself by changing his IP address.
And even if it was true, do you want to know how much Vitalic of ETH holds? It is insane and yet it did not stopped ETH growth.
Now go to sleep kido.

Samefag

Nah I'm just a psycho that likes starting shit. I could give a fuck less about these two coins I just wanted an angry reply kek.

I would choose to go with BAY over SYS though

How you going to hold land title transferred through a state unacknowledged transfer system. Land transfer is highly regulated and taxed. There's no way to sidestep that at present.

Whenever he wants it 'back' he can simply get the transfer annulled in court.

My God you're cretinously naive.

Thanks for the bump.
Is anyone else in the telegram? It's literally filled with p&d pajeets. I know the slack is the only relevant place for discussion, but it's still funny to see.

brb listing my house on BAY marketplace

Anyone want my garden for 5000 Bitbay?

I PROMISE it's yours if you pay. I'll put it in the escrow system. And there's no way I'll simply ignore the transaction and get your 'ownership' laughed out of court.

To be fair there's plenty of room for more than one decentralised marketplace on the internet.

I'm interested in Bitbay, Sys and Safex in the future.

I might buy any of them if I feel convinced.

Bitbay member Munti bought the land, pic related (source: Bitbay AMA).
I don't know how it works, but ask around in the slack if you're not just fudding.
BAY's only real advantage is that it's currently the furthest along in development. And maybe the rolling peg will be cool