Bitbay

Sure it is. Check out the website bitbay.market. It is gonna be huge. That's literally what crypto was waiting for to get adopted and used by consumers, and not just being an investment for traders.

what exhange?

ssssssssssssshhhhhhhh give me more time to accumulate

> legal items only
LOL

No I also thought that, but publicly it's only legal but you can make private markets also

Bittrex

Legals item only on the MAIN PUBLIC MARKETPLACE.
You can use unmoderated private marketplaces to sell your illegals goods if you want.
You see? Bitbay even thought about darknet degenerates like you.
That's the price of freedom...

No. Bitbay has spent enough time forgotten from all. :)

Bittrex, Cryptopia and C-Cex. Maybe I forgot some.

didnt this already moon some time ago only to fall almost back again to where it was?

It was not mooning, just some market cap volatility ATH before the global alt depression followed by the Bitcoin bullish growth. When it'll moon we can expect a x10 easy.

The tech is interesting, thanks for the heads up OP

>Accuses someone of being a shitskin
>Talks just like a shitskin

I guess you would know. Do you two use the same shitting street?

No problemo user.
Also you should check out Blocknet.
It is a decentralized exchange.
Crypto still uses centralized exchanges like Bittrex and we all know how they can close your account and scam you by taking your precious ROIs (without counting the trading fees).
It is time to stop getting fucked in the ass by centralized services.
Blocknet is still low cap and seems to be the most advanced project to replace centralized exchanges. Good ROIs incoming!

I know, and I actually like Bitbay. But people said this for like 100 times now. I hold and sold this coin about 50x times so far. It is always the same. But always a few bucks for me, so whatever I buy again if it dips

*it has been
Sorry I wrote fast with auto corrector on. I will check my spelling next time. English is not my native tongue. No need to start the banter user.

There literally was not marketing before and it has just started now. Believe in the power of its revolutionary tech that is already available now and also in the might of its roadmap. The rolling peg is gonna be a game breaker in crypto.
If I were you I would buy the cheap coins while you can and then just hold for a few months. It is literally obligated to moon by 2018. The tech of it is THAT good.
You are taking risks by doing marging trading like that. Although good job if you properly surfed the volatility waves to make short term gains.The big gains are regardless by holding with this coin.

*no marketing

How many Bay do I need to make it?
I am a poor man.

To make it? That depends how expensive is life where you live.The safest is to gather the maximum you can invest, and then put 75% in Bitbay and 25% in Blocknet. You will be rich in 6 months with that.Both projects are currently very cheap and are scheduled moon missions for the coming months.
Although don't take my advise. Just do your own research and you will see yourself how great of a potential these two projects have.

Do I have enough?

Not bad user. You are going to make good fucking money with that. Although investing more in good projects is never a bad idea.

The rest of it is in Status Token. Once it moons I'll buy enough BAY to have a million.

Smart pepe poster.
You know what is beautiful? Thanks to the dynamic peg of early 2018, the price will be pegged up and will be protected from sell offs and dips, which basically means our ROIs will be protected!!! Fucking amazing! Damn I love Bitbay.

Just bought 100k with a small portion of XLM games. don't let me down kid.

anything that guaruntees profits is a ponzi
I haven't even looked at the model yet.
so you're either a liar, stupid, both, or just wrong

It might also be pegged at the price its now or even lower

Good choice. Just hold and you will the truth of my words. If your hands are weak I will buy your bags to accumulate more.

Indeed but I was not talking literally, It was just a figure of speech. OF COURSE it needs genuine growth for it to make profits so it is not literally guaranteed even if 99.9% likely.
What I am talking about is the decentralized dynamic peg. It is an algo based supply manipulation that makes sure the price of a coin can't go down thanks to liquid/frozen coins mechanism.
Check this and bitbay.market/about/pegging/.
Literally the tech crypto was waiting for. Tether and its centralized peg is depreciated tech. Hail Bitbay.

>implying the price will not increase by then
Also it is not an hard peg like tether. It allows growth. It just does not permit negative volatility.
Learn more here

>Bitbay will therefore freeze and release coins to keep the price stable relative to US $! This completely eliminates volatility. Your funds will stay stable and grow!

Huge turnoff

>BbitBay
Lmao, what is it? 2016?

>The value of anything responds to the law of supply and demand. We can control supply to make it match demand solving one of the biggest problems facing the world economy. This is done by having a global supply rate that increases and decreases based on algorithms and voting. This makes a perfectly decentralized peg far superior to centralized pegs that can fail any moment such as Tether because it does not rely on trust or politics or trading tricks or market makers. Unlike other pegs there are no black swans and no weaknesses because there are no backers. Instead, the price simply moves because of the dynamic supply.

It may control the supply of bitbay but it cant control the demand in btc/usd
Basically this peg can only prevent the coin from mooning, it mooning completely depends on investors and I dint see how they will prevent it from going down if investors decide to sell and they dont have enough capital to buy back at said price

Our rolling peg is similar to a “crawling peg” in economics but with major advantages over fiat pegs. Users get two balances of liquid and reserve. When the market starts to crash we can curl into a ball like a hedgehog deflating the coin supply. This causes users funds to freeze and get set aside as reserve. The process is completely fair for all users and it does this based on when you received and sent your coins. This makes the amount of liquid coins you hold lower but increases the value of each coin.

>free market
>freezes your coins

If the price goes too high too fast, pumpers are punished because we can inflate the supply and dropping the price.

No centralized entity is used to make these decisions. Instead that decision is made by the party that matters most. Our users! People can choose to vote towards a target price or they may choose to have everything automated.

This system is absolutely perfect for small economies, local tribes, new coins and people who don’t want to focus on price and instead focus on features. Merchants no longer have to fear losing value on their items. The dynamic supply is flexible meaning people may choose to back the currency at certain levels or they can let the free market take it in any direction.

Well that sucked
People will choose the price to stay low for commerce reasons or REALLY HIGH for muh moon mission

So it will either stay pegged at this price or you'll have your coins constantly frozen making them always worth the same

Now I understand why this board hates pajeets so much
Lame :/

>relative to US $!
Fuck no! That is Tether and that's called an hard peg.
Can't you read? It will just prevent the price from dropping. It IS NOT pegged to the dollar.
It is genius because it brings stability without compromising growth and decentralization.
Any educated man knows that a currency can't reliably be used with huge volatility. Just read more on economics ffs.
As long crypto is volatile, it will NEVER get mainstream. The only solution are pegs. Wake up user.

The value of the coin depends from marketcap/supply. If the market cap drops 50% and that the algo drops the supply 50% too, it results that the price of the coins stays unchanged.
It is a win win situation for both investors and users, as investors have safer investments while users have more usability thanks to the price stability. As both are happy; both contribute to the thriving of the economy of it.
If you can't understand the extreme advantage of such peg, then you should study economics more user.

Also the frozen coins still are in your hands and can become financial assets like valuable bonds.It is a free market. The value of your money remains the same. Just the supply is manipulated. And supply is meaningless in the virtual world of crypto. It only matters if it was physical gold because of rarity.
Why do I need to explain everything each time kek.

>tfw bought 30k bay at ath

Damn you really understand literally nothing.
The peg is done through algo and can only prevent drops of value. Growth IS NOT prevented. The only thing people can vote on is on how fast the growth is. For example; if they want a fast growth; they can vote for more coins to be frozen. Although it is just a trend as the main system is algorithmic and not controlled by users (how much users have authority is still up to debate).
The finality is that you have a stable coin that can't go down in price but still can grow which is literally fucking amazing for any economic actors in crypto.
Now I get it. You are either intentionally fudding or just plain stupid or both.
Lame. :/

Just hold and you will make money. Bitbay is literally too good to not moon. Wait for the peg; it will be well worth it.

dude I literally copy pasted from bitbay site

a peg being the solution (in your mind) dosen't mean this will be valued highly

>It is a win win situation for both investors and users, as investors have safer investments while users have more usability thanks to the price stability. As both are happy; both contribute to the thriving of the economy of it.

it's not a safe investment if my bags are always worth the same
price goes up 50%! I can now trade 50% of my stack!

>The peg is done through algo and can only prevent drops of value. Growth IS NOT prevented.
growth is not prevented but price can't drastically go up, it's like holding fucking FIAT ffs
do you think FIAT is a good invesment too?
NO
is it useful for trading? yes

>Bitbay is literally too good to not moon. Wait for the peg
>the peg makes it impossible for it to moon

now you sound plain retarded, ty btw, I was thinking of buying this shit but you made me research and see how much of a bad investment it is (might be good for trading though, in the future)

also fuck you OP, calling me a fudder for copy pasting the info YOU POSTED

Dev makes just enough progress every once in a while to keep his bagholders entertained in their slack echo chamber.
Fuck this scam. So tired of seeing you shill pumpers.
shill replies will be: it's not a scam because it has shit (and closed source) software you can download
shill reply: it's not closed source because you can email the dev for code
shill reply: it's better than open source for reasons
yes the general idea like openbazaar is intriguing
no this doesn't need its own coin
no you shouldn't "invest"

>Can only go up

Finally

BaaaaaaaaaagBAY AAAAAAAAAAAAAAAAAAAAAAAAAH

It is 2017 and everything is fine.

What you copied was fine but your interpretation was bad.

>price goes up 50%! I can now trade 50% of my stack!
>the peg makes it impossible for it to moon
Hahaha what!? You really did not understand a single thing don't you?
The peg is only protecting you from dips.
The market cap CAN GROW and the price CAN GROW too!
The peg just ensures that your coins are always at least the same value that when you got them.
For example: the market drops 20%; so normally the price should drop for 20% too.
That's where the dynamic peg intervenes by reducing the circulating supply by 20% too through frozen coins.
And as the price of a coin is determined by marketcap/supply, the effect of the peg prevents the price of the coin from dropping. Hence permitting coins that have far more price stability than normal.

I am calling you a fudder because you are saying plain bullshit that it is too big to be natural but it seems you really are serious kek.

Please never post again on Veeky Forums before having studies basics mathematics and economics.

again, copying from what you posted:

>If the price goes too high too fast, pumpers are punished because we can inflate the supply and dropping the price.

that literally mens the peg makes it impossible to moon

buy my fucking bags motherfuckers

how much are you holding to be this deluded? PLease tell me you didn't go all in
NOW I sound like a fudder, just messing with you, I don't want you to lose money but damn user this is one stupid investment

FUDDER COPY PASTA SPOTTED.
Not only you are trying to spread pure lies and desinfo, you are also so lazy that you can't make your own posts.
Who is paying you pajeet? Govs? Syscoin? Both?

Go away shitposter. Your negative influence won't work.

How the peg officially functions is this so I am absolutely right.
I just read the article of the website and it indeed seems the writer confused himself. He talks about a crawling peg that can do this:
>If the price goes too high too fast, pumpers are punished because we can inflate the supply and dropping the price.
While it is not the case for the dynamic peg of bitbay. The sole thing it does is cutting supply through frozen coins. The only coins created out of thin air is just normal PoS stacking (1% yearly).
Sorry for the confusion; I should not have posted this article.

The project is absolutely good. Just check it out if you don't believe me. What you were led to believe was confusion from this article. The dynamic peg DOES NOT allow deflation. It can only froze coins to inflate the price/coin.
And yes you are fudding right now because you are insulting the project regarding a feature that you misunderstood and that is not even fucking out.
Try first judging it by looking at all the great working features it has RIGHT NOW.
It is the sole working peer to peer decentralized anonymous marketplace and trustless contracting system with a lot of extremely useful security features. This is gold.

pic of fudder copy pasting

the article you posted IS from Bitbay
it's a ROLLING Peg not a dynamic Peg

again, just copying:
>Our rolling peg is similar to a “crawling peg” in economics but with major advantages over fiat pegs.
So no I didn't describe a crawling peg, actually I didn't descibe shit, all the info I posted was taken from that single article (from bitbay)

it might have a million features but that peg makes it a bad investment, great for trading though

They renamed it a dynamic peg.
I know it is from Bitbay but it is a literally a confusion from the author. The peg can't create coins out of thin air. It can just freeze coins and if the price is pumped at the moment when there is frozen coins, the coins would just synchronously defreeze to keep the price stable until there is no more frozen coins. At this moment of no rozen coins, the growth is not prevented and the price is free to go up.
What the authors referred to is a scenario when the frozen coins are not released proportionally with the growth; hence leader to a state when you can artificially deflate a bit the price because of the accumulation of frozen coins.
Which is not what the peg is about. The peg is a linear algo that prevents dips in price. It should not do such thing.
I genuinely think the article is wrong because even if it is technically possible through frozen coins accumulation; it serves literally no purpose to do it asynchronously and is far harder to code.
The dynamic peg is extremely good but the idea you made of it is not the good one and I totally understand that the paragraph you read was misleading. The devs are coding, they are not the ones taking care of the website and the medias.
Sorry for the inconvenience user.

sorry for the few typos, but I hope you understand what I meant

dude... saying that the official site is wrong and that I should believe you and not the site (while not bringing any new info backing you up) has to be the most deluded argument I've ever heard IN MY LIFE
gl with those bags man, hopefully it will pump so you can get rid of them

Just lost 100k!

Nice, just bought 100k

I personally discussed a lot of times with the core developer of Bitbay and that's what I know. You are free to not believe me of course but I am telling the truth.
You are the one deluded to think Bitbay is not a good project worth investing in.
Bitbay is literally one of the few low cap market projects that has 100% mooning potential.
Go investigate properly. If you don't understand, then too bad for you.

>pink wojak
Your kind is ruining Veeky Forums.

Not buying, thanks tho

looks like Pajeet scam to me