/biz/ - Business & Finance

>>1885300

>Why hasn't anyone heard of BitBay?
BitBay is developed by one very talented man named David Zimbeck. David has spent the last few years of his life doing nothing but coding and building out the BitBay platform. As I type this, he is working on the final build of the latest client wallet release, which adds a host of new features like cold storage staking. That release will be live in the next few hours.

David's intense focus on the code (and actually building the features instead of just writing about them) has had the interesting byproduct of him doing virtually 0 marketing during the development phase. Today's client release marks a change in that cycle. While BitBay was essentially in a "no marketing phase" for the last few years, they are now entering the marketing phase of the platform. It seems all of the other cryptos are doing it backwards — marketing before building their features.

With BitBay, all of the main features are built and available in a user-friendly interface. And now you're one of the first people to learn about it. What you choose to do with this information is up to you.

>I'll be here for the next hour or so to answer as many questions as possible.

[2/2]

at first I thought this was some pump and dump shit.

but this project looks like it has real promise

>he still hasn't bought DOPEcoin

invest in a real coin, bitgays

>>1885300
Why would the goverment allow this fag? you think they gonna let you do all this shit without getting some side cash? why use this over monero? why do they need a specific coin? why didn't they make the plataform on a current coin like monero?

>>1885300
Realistically, I see LITBAE as having TREMENDOUS promise. Im serious here, lads, YUGE returns for anyone that holds this GEM long.

Look forward to TRIPLING my money in the next week and riding it to the MOON

>>1885314
fuck off

>>1885320
>Why does the government allow uTorrent and Bitcoin?
They can't do anything about it. It's a decentralized system with no central point of failure.

>>1885325
Nah u, bitBAG holder. How's that 4 BTC sellwall and no volume movement in a hour, faggot?

>>1885324
I’ve already doubled my money in the last 24 hours.

>>1885328
Two days ago BitBay was not a top 50 coin. Now it's top 40. People are learning about it and realizing the tremendous potential.

>>1885326
btc is taxed faggot. uTorrent is a client you faggot and it is μTorrent as in mutorrent . come back to me when you have an actual point. instead spouting random shit as if it makes a point

>>1885328

Your shit dopecoin has had less 24hr volume than that 4 BTC sell wall you dumb cuck. How stupid can you be.

How much do we need to hold for proof of stake?

>>1885331
Two days ago DOPEcoin was better than bitgay, and guess what. It still is. I was the first one to post about bitbay and at this point you're my meme magic puppets. Behave.

>>1885339
Yeah, buzz off pleb.

>>1885338
half mill will provide best results i think, but can get lucky with anything

>>1885300
post this on bitcointalk for maximum momentum

>>1885339
Odd tired man. Retire to your nope hole with your dopey brain and sad lies

>>1885300
Here are some of the things BitBay has to offer:

*Unbreakable contracts (Peer to Peer no blockchain bloat)

*Decentralized Anonymous Markets (Peer to Peer no blockchain bloat stronger than Tor)

*Multisignature wallets with dual passwords hidden inside of PNG/JPG images using steganography

*Automated Joint accounts and the ability to sign transactions with 2 computers (hard core security)

*User Friendly Templates for contracts

*Training videos

*Ability to hide any file in an image

*IMAP under the hood full integration with Email, automated negotiation of contracts

*Price tracking so orders always maintain price

*Bitmessage fully integraded decentralized email and markets

*Translates to 92 languages using Google Translate

*Unique change management system which breaks all the change into denominations

*Easy to use accounting panel

*Live Python Debugger, run the interpreter within the software

*Advanced sending with multipay options

*"Pay To Email" tipping system. Hide payments in images direct to email.

*Everything is automated

*Full Offer/Counter-Offer negotiation system.

*Escrow panel with tons of options, anonymous chat

*Feedback and reputation system, see how many contracts gained and lost

*Serverless, everything is Peer to Peer

*Decentralized moderation keys available to trusted users

*Custom contracts and all kinds of contact options

*Start your own market, completely anonymous

*Cash for coins template

*Custom contract template (can do anything you want if you are

familiar with it)

What do i need to download for proof of stake?

QT Wallet, Client, or Blockchain? Or all three?
someone help a noob out

Still can't decide if this is a scamcoin or not. I bought 30k at 620 though...

>>1885349
A new client update will be released in the next few hours (the one I mentioned David was working on in the OP) that will allow you to stake with just that one client.

>>1885341
>>1885347
Ahahaha sad delusional bitgays. Wouldn't know a moon ticket if it slapped you in the face. SAD!

>>1885300
>But wait! There's more...
Implications of DDE(Double Deposit Escrow) Smart Contracts and their use cases:

Decentralized "Local Bitcoins": Send wires without the fear of theft due to Double deposit

Decentralized exchange of cash for coins

Buy/Sell anything without "Empty Box Scam" NO ARBITER NEEDED. It is self enforcing trade even with untrusted parties

So it works like a decentralized trustless ebay... NO MIDDLEMEN, NO ESCROW NEEDED

>>1885351
i thought the same thing at first.

after joining the Slack channel, I realized BAY is the real deal.

David, the developer is a fucking genius and works his ass off for this project

>>1885351
na man. i talked to the dev personally and i used the software. shit is legit. just download and try it although by the time you do that, with the new release in a few hours, it might be too late.
We hav been shillin this for days, where have you been?

>>1885351
You're definition of a bitBAG holder. Just get out while you can and buy DOPECOIN

>>1885351
If it was a scamcoin, would the developer have spent years of his life working on this for free with no marketing?

>>1885300
Works like decentralized Freelancer/Odesk

Unbreakable Employee contracts. FORCE people to HONOR their word! No more unreliable employees, employers forced to pay as well.

Barter ANYTHING. Use the coins only as self-assurance. Form a farm co-op trade Gold for Silver, Iron for Wheat.

Some of the templates are still being worked on to make it "Mom friendly" so that it takes as few clicks as possible to form a contract. No need to think of "terms and conditions" contracts are anonymous and self-enforcing. Here is some of the features that we are working on in 2017:

*Exotic spending... we will have the worlds first client to support time locks in the UI, deadmans switch and burn and parking and freezing coins all supported within the UI.

*Cold Staking for both BitBay and BlackHalo... stake using two computers, impossible to hack. Its basically joint account staking

*Custom Staking with Voting! Completely trustless voting and donations via staking.

*Anti-Keylogger: A special on-screen keyboard to obliterate keyloggers once and for all. Even mouse movement loggers will be no match for this unless every movement is recorded

*Tor and proxy options for internet requests

*Buy/Sell template featuring multiple shipping options including a calculator and options to bill in escrow

*Employment template featuring the ability for weekly reports and auto-payment within contract. Payments contingent on reports

*Barter contract with amazing "wish list" where each item can be calculated converting kilograms to hours and ability to know exactly how many "Avocados" you need for a pound of "Tomatoes". Perfect for farming co-op in 3rd world countries. Perfect for trading used items!

*Reverse auctions! Sellers bid for you the buyer

*Normal Auctions... Ebay style decentralized auctions

*Python contracts: Use the python interpreter to make contracts between peers. Pre-approved contracts potentially possible for verified devs and audited code on github.
*API And more!

>>1885351
Scam coin with 4 years of work in it..

Just bought 75k BAY

Did I do good?

>>1885300
Dump all info with pics on bitcointalk for moon landing!!!

>>1885366
I mean retards like you spend years of your life shilling shit coins as scared BAGHOLDERS so.

>>1885339
Nice source retard did buzz tell you that? Check his instagram before you start dopeposting

>>1885370
You're gonna be rich brother.

>>1885370
you did great Anon :D

waiting for a $5k Coinbase USD deposit to clear.........

>>1885335
kys

>>1885367
>*Cold Staking for both BitBay and BlackHalo... stake using two computers, impossible to hack. Its basically joint account staking

Newbie to PoS
What is cold staking?
Why would one want two computers to do it?

Post screenshots of the Demo.

You guys weren't kidding about not having any fucking marketing - i'll do it for you.

>>1885370
just IMAGINE all the DOPEcoin you could have bought...

Screenshot pt2

>>1885394
I can't imagine making such a stupid decision like that.

>>1885398
A lot of people couldn't imagine the photoelectric effect either..

Screenshot Pt 3

Download the fucking thing guys. We have a product already, the competitors don't. It's over. We're going to the moon one way or another, even if it will be a short-lived trip.

>>1885390
>>1885395
Thanks anon. This is literally day 0 of BitBay marketing efforts. Just trying to educate everyone and show that the features are not a roadmap — they're live, coded, features.

>Don't forget, new wallet update rolls out March 22 (today).

Pretty sure the platform is already operational but I did not have time to download the entire blockchain so idk.

New wallet update drops tomorrow.

So what's to stop some asshole that just wants to watch the world burn intentionally trashing his shit and yours before he offs himself?
>>1885356
No drugs, no alcohol, no cigarettes!

one last chance to get DOPEY my niquams

>>1885409
If you own BAY, you're going to be rich, so you have no reason to off yourself.

Someone please lecture me on double deposit escrow please...

Say I buy dragon dildo online for $100, using double escrow system.

So I put $100, and the seller will also put $100, am I right?

If so, isn't that a little but discouraging for the seller because they will have $100 locked until I confirm that I receive the goods?

What if I'm being a dick and even though I receive my dildo, I said I didn't receive it so the money on the escrow pool get destroyed?

guys, drop all this info in one thread on bitcoin talk.

>>1885411
>one last chance
>last chance
>last
Fucking finally, now go away.

>>1885417
shoo shoo poo poo. Go shill your meme puppet garbage somewhere else goy. Sad!

>>1885411
Good. Now leave

Screneshot 5

>>1885416
Someone with a standing account please do this. Don't forget the long feature list >>1885348
& >>1885367

I don't want to look shady posting from a new account.

>>1885420
lol nah u nigger

>>1885421
>Screneshot 5
Get these onto reddit and bitcointalk ASAP

Why would this go up in value? It doesn't seem like you actually need the coin to really take advantage of the wallet features. Put another way the wallet seems like a brilliant program that you could sell to people but the coin itself seems unimportant and value is tied to the coin which is unnecessary not the wallet program.
>>1885414
You'd put $100 as collateral first and send them $100, so you'd both lose $100 if I'm understanding it right.

>>1885414
Yes, you're correct. The reason why you wouldn't let the money in the escrow pool get destroyed is because you would lose the same amount of money as the seller.

>Buyer puts up $100 in escrow.
>Seller puts up $100 in escrow.
>Contract starts.
>Buyer pays $100 to seller (not from escrow.)

You are both mutually obliged to complete the transaction.

>>1885433
The plan is to stabilize the coin with a rolling USD peg, so there will be added stability with adoption and use of the coin, compated to BTC.

>>1885314
>this guy trying to get out of his memecoin position

>>1885441
Compared***

>>1885441
>the plan is to have a stable coin
Again, this is a convincing reason to use the wallet but not to invest in the coin.

>>1885442
Just click report or hide.
Why the fuck would you replied to one autist who post dope coin on all thread..

>>1885439
My point is, what if me, the buyer, is being a dick.
I can just lie and claim I didn't receive my dilso and automatically terminate the contract.

I lost $100, but I get my dildo in return, meanwhile, the seller will lost his goods and money...

Don't get me wrong, I've invested 150.000 Bay at this point, I just need to understand this correctly.

>>1885445
This is a good point

Here's the update for today from the devs. I love the security features built into this too with the anti-keylogger and TOR integration:

Over the last couple weeks we have focused on multiple ways BitBay update to v1.26 will provide increased security, including the Anti-Keylogger and Cold Staking. Here we want to tell you how BitBay will also protect your privacy by including Tor to conceal your location when using BitBay.

For the Client to function with all of its many features, it must request data from various URLs. For example,

• For Price Tracking to exist on the “Buy/Sell Coins” template, the Client must request updates from coinmarketcap.com.
• Once completed, the “Buy/Sell Anything” template will include both price tracking and a shipping calculator, which both require queries to shipping APIs.
• The Client regularly checks for version updates.
• The Client confirms timestamps and other minor data online.

This built-in TOR feature will allow you remain anonymous from these ‘under the hood’ requests. This feature is quite easy to set up. After you have installed and synced the Client:

• First make sure Tor is running
• Then go to Settings tab -> General Settings
• And in the ‘Proxy TOR’ field, type: 127.0.0.1:9150
• Then close the general settings window

Congratulations! Your Client is now masking your IP address for any Client related Internet requests! Just one more feature of many in which BitBay places your privacy and peace of mind above the rest of the competition.

>>1885454
I think the point you're missing is that the money the buyer pays to the seller is not the money that the buyer puts in the escrow. The actual payment for the item is transferred outside of the escrow (which is why it can be cash or anything else the two parties agree on.)

If the buyer was to terminate a $100 escrow, not only would they lose the $100 in the escrow, but they would also lose the $100 they paid to the client.

Sure, an angry buyer could burn $100 of their own dollars to burn $100 of someone else's, but an angry buyer could also burn down their home to spite their landlord.

>>1885454
To add to >>1885461, the rare case in which someone may choose to burn their own money to burn someone else's will be so rare that BitBay will still be cheaper than alternatives. With 0 fees compared to eBay's 10%+ fees, the 1 in 10,000 buyers that spite you are not going to make even a little dent in your cost savings.

>>1885461
I think what he's getting at is that if he ordered from someone online he could just choose to not send them the money to begin with. His shipment would arrive, he'd burn the escrow, and the escrow would be the only thing he'd lose as he's never originally sent payment.

Question of my own, what's the interest % on staking?

>>1885469
That's a flawed scenario as the buyer would never send the item without receiving payment first.

Not sure about staking, but there are several anons floating around this thread that can answer that for you. I believe it's related to blocks and not based on a flat percentage, but I could be wrong.

>>1885461
>>1885467
Allright, thanks man, appreciate your explanation. I agree that the case of buyer burn their own money to burn seller will be ultra rare to say the least.

>>1885474
*the seller would never send the item without receiving payment first

meant seller, not buyer (as I'm sure you figured out)

where'd the fuckng prices go?!!!!!

cant buy or sell and price is showing 0.000000000

>>1885478
Fair point and seller's getting shittons of negative reviews would be enough disincentive to keep them from doing it on their end.
>>1885484
>>1885483
something's fucked on your end, site is fine.

>>1885483
>>1885484
What exchange are you using? It's working fine on Bittrex.

>>1885484
Look at bottom right of page you newfag.
There's a "Socket status" info, wait until it's "Green"

>>1885488
Yep, you're exactly right. One thing I forgot to mention is the reputation system which will help further discourage any activity like that.

By the way, I should note that the value you require to be placed in escrow is variable and set by the contract creator. If you have a repeat buyer that you trust, you can set the escrow at the cost of shipping to ensure they're able to return it if they'd like. If you have a new buyer that you don't trust, you can set the cost of escrow at 200% of the cost of goods. It's a very flexible system, all easily customizable from the UI.

Looks like we're at a dip-- right after I bought 28k at 650 of course.

good time to buy if you haven't already

>>1885387
you first goy

>>1885474
Staking is related to block rewards but you can calculate a rough APR% for longrun which is how other coins do it. pivx for instance averages out to about 4.8% according to them. If you guys are going to market the coin this should be one of the items you use as its one of the things that actually makes the coin itself worth something, not just the wallet. The cold staking feature here would be particularly noteworthy with how many people are getting into pivx/dash for interest accrual but having to leave their wallets hot.

>>1885503
Don't fret anon, it's been doing that for the past 2 days.

>Up 200 sats, down 100 sats.
>Up 200 sats, down 100 sats.
>All the way to the moon.

>>1885509

Yeah I'm not worried, just a little annoying since I missed out on an extra 1 or 2k. I'm 4k away from rocking a 100k stack of BAY so it would have been nice to have this hit ten minutes earlier.

time 2 buy cheep baes

>>1885461
Double escrow sounds really fuvking dumb. Why should i pay to sell

>>1885503
same here, bought at 680 fml

>>1885530
Why would you pay more in fees to sell on ebay?

>>1885530

Are you a fucking neanderthal? eBay charges you like 20% per transaction to sell, this is going to change the game - even if the coin doesn't moon i'm going to sell all my shit with it forever

>>1885543
I wonder what eBay is going to do when they start losing business to this

>>1885549
I'd say the next revolution in crypto will be from coroporations, we're already starting to see this. Just like the original domestication of the internet.

>>1885553
>tfw we are like oil investors from the early 1900s

>>1885553

>Ebay buys out BitBay

I'm okay with this.

>>1885561
No.

>>1885566
Not an argument

>>1885553
>corporate bureaucracy
=/= speed

we will be on the moon laughing by the time they formalize a plan and have their superiors, the board, shareholders check off on it

govts will be even slower to adopt; we're in the wild west boys. youll be telling your grandads about your days of unregulated digital money trading and how you btfo multi national corps and big govt.

what a time to be alive

>>1885561
i understand your feel but never will NEET = oil man
>>1885566

>>1885580
My bad I meant oil man as in the guy who runs the business

>>1885583
i know i just got triggered

Who else > Madman here?

All in niggers

>>1885590
>whale shark

>>1885590
I'm with you red leader, this is gold leader standing by

>>1885590
If I win the guessing contest for 20k BAY on Slack then I'll be beating you /biz/bro.

>>1885590
Fuck wrong pic

>>1885598
For a Trump supporter he looks disturbingly like aids Skrillex.

>>1885597
If you're OCD and like round numbers, feel free to send me those odds.

B6JAeoQ4eYd1pkaD3dqPy8a6qvx85DgB4T

>>1885604

You sick fuck

I'll match what I can but i'm not as TWISTED as you

>>1885604
>whale spotted

time to tear down this wall fellas

I just bought 28,725 BAY at 627 sats. I was determined to buy when I saw it was 576 sats during this dip, but it took around 20 minutes to transfer my BTC from Coinbase to Bittrex. A bit mad but it could've been worse, I guess.

How bad/good did I do guys? What kind of gains can I expect?

hahaha i just tore down that fucking wall, now onwards to 680

>>1885620
you did good, son
under 1k sat still a bargain

FUUUUUCK 1/2 CONFIRMS

>>1885623
Thanks, anon. I feel very optimistic about this.

>>1885626
>this displeases me
un-comfy vibe there, desu

If dubs, will hit 1500 satoshis. KEK wills it!

donations welcome: BD3N5brmgM8jS6UTAdhHaMnvtYCWnoBdxz

>>1885642
You better sell those /comfy/s if you want to make fucking money bro

Daily reminder that the same memetic magic 4chan used to make a complete joke out of the US presidential election is going to propel us forward into making a complete joke out of the international economy.

BitBay is a goddamn goldmine. I've been in a relaxed state of happiness and amazement all week because of this. It's just so perfect.

>the best tech in crypto
>a squeaky clean brand and image
>easy to use
>cheap as shit because /biz/ discovered it first

Strange world.

>>1885666
>srs?

>>1885670
>the meek inherit the earth
>first through choosing the most powerful person on the planet and then dominating the economy
>plague of frogs
fug, we're in Revelation times aren't we?

>>1885670
I haven't been this giddy since November 8th.


I slept like a baby last night holding BAY, where with any other coin I'd get like 4 hours of sleep.

>>1885683
>Rockefeller dies on Barron's birthday
Strange days indeed.

>>1885672
>yes nigger
I'm upset I've only ended up with 85k so far I wanted more garage fillers.
>>1885688
Sieg Heil

should i buy this now

Just talked my girlfriend into transferring Bitcoins into my Bittrex account.
I want to make her money.
Calculated her percentage out of the Total Estimated Bitcoins.
Pretty sure I have it all figured out so I'm not fucking her over in any way.
I have no intentions in being a weasel to her and snake her out of literally any money.
Truly, truly wanting to be completely honest about it.

Anything I should be aware of to keep her percentage separate as fair as possible?

>>1885703

May as well get that and B1TB4Y for your matching Lambourghinis.

It's going to be a lot of fun meeting you all in real life in a few years. Making big whale splashes on whatever other alt-alt-alt coins exist at that time during the day, street racing at night, etc.

Cozy days.

>>1885706
>t. very new to cryptocurrency

>>1885703
Holy fuck, I need to register this for the Lamborghini I'll be purchasing.
>>1885696
>pic related

If they are going to peg the price at $1 does this mean it's never going to go above $1 ?

>>1885706
The order will show how many BAY were purchased, that's how many she holds.

If you can't do math, then I'm sorry.

>>1885424
If you're on the dev team and want a cheap shill, say so. Pay me in Bay.

>>1885706
yeah keep it all and get a new martian bitch when you land on the moon
>inb4 martians are from mars

>>1885719
It means it would rise very slowly. Thoughif it hits $1 then its already reached moon at $1 billion marketcap.

>>1885721
I guess that's a little bit easier, huh?

>>1885723
lol I like this one though

>>1885719
No retard read the fucking website
The peg will be voted on by the holders there is no fucking way it will stay that low

>>1885723
> implying we won't be importing martian whores directly to our moon mansions

>>1885733
I vote we peg it to $1,000.


BitBay, accepted everywhere.

>>1885742
Could we actually vote to peg it to whatever price we wanted

ok /biz/ i'm on board, 59k bitbay holder here

>>1885774
Welcome aboard :-)

I'd start deciding whether you want a Ferrari or a Lamborghini. Maybe a Rolls Royce if you're more into luxury over sport. Then I'd focus on the color.

Fuck what am I even talking about, you'll be able to buy all 3.

>>1885774
CHOO CHOO MOTHERFUCKER!

Its not rising...

>>1885793
Make it rise then m8

>>1885753
Yes.

>>1885830
AAAAAAAAAAAAAAHHHH

>>1885351
Arrr it is a bag o shit to be sure

>>1885670
BitgaySoundspretty dope

I am going to set up a buy order tonight, would I be safe if I place it at 500 sats?

>>1885872
I personally do not think so. I dont have much experience in the area but from my 2-3 days of investing Im not sure anyone will sell that low. So I would wait for another response my dude.

>>1885872
Certainly hope it drops toward those levels while I wait for some money to go through

>>1885877
>>1885880
Are you fags serious?

Dopecoin is much better than this bitbay rubbish

>>1885880

Not going to happen. Look at this fucking volume

the dev could get shot in the head tomorrow and we'd still have 12 hours of pump left

>>1885887
No one wants your shitty dopeycoin you dopey fuck. Quit tryna scam people out of their money.

>dopecoin.com
>wordpress
>bitbay is rubbish

Okay dude.

>>1885887
How much did you lose?

>>1885892
I like how the spread is pretty low compared to other coins too

Its out. the new wallet is out.
Im in slack.

>>1885742
>>1885892
BitBay Accepted signs on my new franchise motherfuckas
>>1885887
>>1885871
>>1885865
I will murder your children before they are born and feed them to you

>>1885934
whats the slack link?

https://bitbay.slack.com/messages/C038WBZ63/

Fuck it. Brought it in at 650 and got just under 8000 of them. Will I still get a new corvette or mustang? The Lamborghini and Ferrari are out of reach for the amount I have.

>>1885934
Does it suck ?

>>1885948
Maybe if it reaches 8-10$ a coin

Lads just sold my measly 97.2 PIVX coins and got me some 7k BAY coins. Let me ride with you guys to the moon.

>>1885979
Okay I'll let you mr mans

>>1885979
get your kneepads out

Buy dopecoin

>>1886001
But y tho

nocoiner here, is there a chance for me to buy in as soon as possible or will it be to late

Is 1000 sats 1 cent?

>>1886058
Buy bitch!
Go make an account on coinbase, buy some BTC for the max amount they'll let you trade with a new account ($200 I think) then make an account on Bittrex and send all your bitcoin there to the deposit address and buy sum fukin coin!

>>1886058
There is a slight dip right now. Get it before normies catch on.

>>1886066

No. You have to convert the amount of BAY you have into BTC and then into USD for dollars and cents.

Bittrex shows you in small font above the prices. See screenshot.

>>1886069
Follow this nocoiner or u‘ll be on suicidewatch agen

>>1886058
We're getting a nice dip here right now so get there fast
I'm in for 37,000BAY at .00000650BTC

>>1886079
Got an extra 1.6k at 645 cheers mr mans

YO

NEW BUILD IS UP

SOMEBODY CHECK IT OUT

WE MIGHT MAKE IT TO THE MOON SOONER THAN WE THINK!

>>1886108
The moon? so far the coin is dying.

>>1886141
rip, wallet release didn't do much ;_;

>>1886141
>>1886159
Bullshit. If you want to sell now, well, do it... But don't complain in a few hours.

>>1886165
^

>>1886165
ok....

So how do I mine this shit... or is it premined like all scam coins?

desu might have a dip to 550 after the hype train doesn't cause a massive pop, but medium term this is hitting 2k easily

ready to ascend to whale status today if it dips to 530

>>1886185

this

>>1886185
Same, I'll double-up tomorrow if so.


All these sells are mostly <$10.

>>1885300
Can someone help me, I'm going to get the new wallet on release. But I have all my Bitbay in the QT wallet is my Bitbay safe in the QT wallet. Or should I move my BItbay to another location. Like I don't want my bitbay to disappear someone help please.

>>1886210
I'm also curious about this.

ATTENTION /BIZ/

I know you hate Reddit but Zimbeck has requested that a community begin on the Subreddit, he can't be assed to do this sort of shit himself he's not a one man army

https://www.reddit.com/r/BitBay/

currently at only 89 members... ETH has 30,000 and it's a shitcoin

let's get these memes rolling

If dubs i get my dick sucked

It's time to let the public know. Get the word out.

We need hashtags #BAY $BAY #BITBAY spread on Twitter as well.

>>1886247
make a new thread man

Bitgay

Buy dopecoin

I you haven't bought it already/haven't bought enough, do it now during the current dip at ~560 sats. We are right before the next takeoff.

>>1886247
"ETH is a shitcoin"
Can you believe these bitgay niggers?

Buy dopecoin

>>1886284
It's already at 575 again, don't be too late!

>>1886315
>>1886284
My Bitcoin is still transferring.... 0/2

>>1886317
I fucking hate Bitcoin now, so slow.

I liquidated a few coins and grabbed a little more.

I bought 16k @ 544 - how did I do?

>>1886338
Pretty nice!

>>1886348
Realistically - what's the moon on this thing? How long should I hodl this bag, yo?

>>1886389
Hold it until you wake up in one of these.

>>1886397
Just bought 21k

Grabbed 40k at 390. Feels good.

But then I remember I couldn't sink a BTC in it because of these goddamn transfer times. Finally got in the rest at 610, which is a shit price at this point. Feels weird man.

Overall current feels: uncertain.

pamp it boyos

This isnt a pump and dump guys, accumulate slowly stop shilling for now we need establish this as the new floor we aren't doing a stupid dump this tine around we are going to 1 billion marketcap

>>1886579
This is /biz/

>> Protip: its always a pump and dump

>>1886389
dump that shit its going nowhere

>>1886487
you fucked up you fucking retard you bought in to this bitgay nonsense at the very tippy top. time to feel the pain

>>1886645
>>1886641
Yeah we should have bought dupecoin right?

Just belibe in the memes nigger

>>1885670
are you sure you aren't just delusional?
https://bitcointalk.org/index.php?topic=890221.0

>>1886729
>we should have bought

yes. dopecoin

>>1886776
>https://bitcointalk.org/index.php?topic=890221.0
tl:dr

>>1886789
this boi dirty

>>1886789
It's a load of old hoo hah

The person posting the logs is quickly outed as the wizard level scam master with pro skills over 9000 and iq of a battered mars bar

Nonsense infighting and drama shared with the rest of the community to smear the devs name, it backfires

>>1886776
>>1886795
>t. dopecoiner

>>1886877
its old but how can you be so confident that this guy is clear?
unless you're lead by delusions of greed
>>1886878
nocoiner here

>>1886884
delusions of grand memery

>>1886884
I'm not confident. That's why I make sure to keep vigilant on info and sell when I feel I made enough

You guys act like you can't talk directly to the developer. You'd be a fool to underestimate BAY, at the very least you have to admit it's undervalued.

If this 550 wall gets eaten it'll most likely be going downhill as fast as it pumped

>>1886976
400 sat next step

Bears fuck off, you know this thing is worth at least 550

>>1886976
Well, I'll still hold. This is just some panic selling going on, we will surpass 1000 in a week.

>>1887009
Considering buying the dip.

>>1887009
Okay, but there's no buy support left

>>1887020
Sold at 550, buying back in

>>1887028
And somebody is selling 2 mil BAY (almost $10.000) at 494 now, good luck getting the price to go past that

>>1887028
That 10 btc sell order is one guy fucking up the entire graph

>>1887028
This is a longterm position for me, not shortterm, I've already got it off the exchange. Soon as this gets on polo its taking off. Just really tempting to get more at this price.

>>1886776
>https://bitcointalk.org/index.php?topic=890221.0
Do you even read all of that thread?
David Zimbeck come off clean during bitbay early development fiasco, the real scammer was international bob and that faggot patrick dai.

>>1887052
Okay, but why exactly are you pointing that fact out?

>>1887060
Was just giving a heads up for people who wanting to get out at 550, I guess, because it might've been the last chance for a while. I'm not really anti-BAY, I was holding myself. Bought at 239 and 370, but had already sold all of them earlier.

bitqueers btfo

Fuck you /biz/ I thought it would reach 1k sats by morning. I knew I should of place my order at 500 and then got greedy.

Not a huge crypto fag here, but from what I've read, this is the crypto ebay we've been waiting for? You can sell real estate and shit apparently.

Also can someone explain the pegging? I'm a retard, if bitbay becomes big can all the holders become jews and set it high in USD?

>>1886884
Didn't you see my digits?

The fact it's old isn't key

Guy who posted got roasted

rip bitbay
fuck u all for convincing me to buy this garbage

>>1887379
>I posted FUD again!

Whales pushing down market, good time to buy in if you dont have weak hands

>>1887379
It bottomed at 400 you clown, and is already almost back at 500.

Most of the whales on Slack are asleep right now, and when they wake up they'll just be pissed they missed out on more cheap BAY.

If you can't handle a little baby swing, then maybe trading isn't for you.

>double escrow
Lol. Nobody would ever do that

>>1887453
i already preordered my lambo now i'm 400k in debt srsly piss off

>>1885300
>>1885305
>>1885313
>>1885330
>>1885338
>>1885344
>>1885346
>>1885351
Hi dave

>>1887482
You realize those are all different IDs, right?


Steady support at 500 now.

>>1887482

Find it hard to believe Dave is talking to people in multiple slack channels and posting on 4Chan at the same time faggot - if this coin sucks so bad why do you keep attacking it? Go talk to Milocoiners

Daily reminder we actually have a FUNCTIONING BITBAY MARKETPLACE

Did eBay send you fuckboy?

>>1887312
It wants to be ebay with BAY as the only currency. You'll be able to buy/sell without fees. The downside to this is that cryptocurrency is extremely volatile. So for example, I'd be able to buy stuff without having to pay paypal fees or anything like that, but I'd have to trade my dollars for BAY first. BAY is a cryptocurrency, which means it might be worth 50% less overnight, which means I'd lose a lot of money, despite not having to pay fees when I purchase things.

The solution to that is pegging. As far as I understand it, it means more BAY will be generated when the price is going up to increase supply and keep the price down, and excessive BAY will be burned when the price is going down to decrease supply and keep the price up. At one point in the future a decision will be made to freeze the price of BAY using this pegging method. From then on you won't see significant price changes anymore (no volatility), which means bitbay market users can exchange their money for BAY to use on the market, without having to constantly fear a crash or a dump.

how high could bitbay potentially go?

>>1887494
Kek, please don't tell me you actually believe bitbay is larger than a zit on ebay's ass. The double escrow thing is a nightmare, also its not the first of its kind, dave is a fucking liar and a fraud.

I bought the dip

>>1887542
I believe the pegging locks in the bottom price by locking in stakers for a premium fee.


All the whales who believe in the project aren't interested in swing trading their investments, and would rather see the coin have stability while taking in fees.

>>1887547
Proof he's a fraud/liar?

Proof it's a nightmare? Isn't it an ideal solution?

>>1885348
This is a fucking cp market

If BitBay has an unmovable bottom that's voted on once it reaches a price we all agree on, it can only go up from there and we can adjust the bottom accordingly.

Whales want this because they're making a profit from staking, and investors want this because they don't want to buy a currency and have it drop half of it's value overnight.

It really is a forward-thinking idea, especially with the volatility of cryptos.

>>1887755
stop projecting

>pegging

sounds a bit gay if you ask me.

if this coin is so good why is it crashing?

>>1887957
It's correcting back down to 300 sat.

OK now that people panic sold i baught back in and its rising again XD..

>>1885300
how do I buy this shit

>>1885300
Someone is selling steam keys already. Can't wait until people start putting up cs:go keys and such for a cheap price.

>>1888240
getting a lobotomy makes it easier

>>1887773
it also has an upper-bound for the cap though, no?

>>1887567
So in the long-term, will my BAY be a source of income?

Fuck off with your meme shitcoins
Srsly every day some shill tries to pump some utter dogshit coin
Reddit is even better than this board

>>1888282
t. ignorant hothead

It would be fairly straight forward to set up an online store, either dropshipping or selling OC donut steel, and accepting payment in BAY
(Or any other coin you want to build awareness / identity of)

wtf. the client isn't even open source, i wanted to look at it to evaluate the dev team and the codebase quality. how can anyone even trust this?

>>1888502
just talked to dzimbeck. he says it is open source but it is not on github yet. It will be there eventually.

>>1888364

pexpeppers does this since bitcoin cummed out

>>1888518

sauce here
http://www.davtonia.com/bithalo/haloobf.zip

dev says he stays away from github because he doesn't like other people copy and pasting his code and stealing the ideas, not sure how truthful that is.

>>1888917
It's complete bullshit.


Go onto the Slack channel and look at "David's" grammar.


Do you really think somebody proficient in writing code is going to have a 3rd grade grammar level?

Rest in peace shit bay. Panic sell, kek wills it.

How old are you people?

I learned from the first dip earlier today not to sell. Never again you Shilling Niggers.

I STAY BAYED UP IN THIS BITCH

Just bought 23k today, not feeling so hot right now.

>>1888948
It keeps going down. It's at 378.

BAKA guys next time I see this much hysteria and I'm up 50% I'm cutting my winnings. Long-term trading is retarded when there's so many promising projects and so few that will see long-term success.

Also:

>Wallet comes out after years in development hell
>Value goes down

Should've seen this for what it was and saved myself $200.

My fellow baybrothers, hold the line and push through the dip. Kek wills it

>>1888928


I've seen latvians that can barely speak english make a complete World of Warcraft emulator. (wademu)

Grammar does not correlate directly to proficiency.

I only put 200 dollars in at 626 sats. What's the chance that this coin will recover and isn't completely fucked?
I don't want to sell at a loss this soon.

>>1888964
The wallet looked like dogshit, like it was made in the 90's.

The layout was worse than the original Runescape.

That and if you ask for a source code on Slack, you get banned.

>>1888978
>What's the chance that this coin will recover and isn't completely fucked?
Zero

Its communism anon and communism... never works. Try again with a different coin and this time actually read up on what your investing in.

love it

all you children complaining about MUH LOSSES

u niggers bought like $25 worth hehe

>>1888998
I bought $200 worth.

>>1888983
haha fuck you jessejames, David slayed you in Slack and you know it.

Quit your bitching because of short term losses. This project is going places long-term

>>1888962
Just a panic sell. I feel you.

If you can purchase more at its low, do so. Everyone has the idea of buying when it hits its low, so we shall soon see it rise up from these losses.

LISTEN UP, OP HERE
>LISTEN UP, OP HERE
LISTEN UP, OP HERE
>LISTEN UP, OP HERE

I'm OP. Just so you all know I discovered this coin is total trash shortly after making this thread. The "new client" they just released doesn't even work. I tried sending my coins, only to have them removed from my available wallet balance and spit out a transaction ID that doesn't even show up on the block explorer.

I had to revert to the old client and miraculously got it to send my coins. Cashed out, so did several other whales. Anyone who is still in and shilling for BAY is only trying to pass the bag to you so they can get out ahead.

>>1889004
>going places long term
This shit has been around for 3 years and is LITERALLY a copy of the failed Halo. Do your research.

>>1889178
>>1889182
This just in, OP is a faggot and tried to crash Bae but failed.

>>1889185
The opposite actually. I bought into the "we have better tech" meme. Started doing research and the harder I looked the shittier it all smelled. Trying to warn the newbies so they don't end up holding your bag.

>>1889188

Kekity Kekity Kekity Kek

This mans's a fag - my Dubs shall be Chekt!

>>1889188
Links to your research?

>>1889178
this is OP >https://www.finchify.com/resume

cuck boy FUDding his way into a lower price

dont fall for the FUD Jew

>>1889254
Lmfao MoonTime you absolute FAGGOT. This guy is a shill who turned on the coin quickly and sold everything, after telling others to buy hundreds of k obviously. David was very nice and tried to help you out, you ignored him and made an ass of yourself.

>>1889266
preach!

anyone that is trying to cover his losses should probably check out NXT

https://bittrex.com/Market/Index?MarketName=BTC-NXT

>>1889271

M8 I think almost everyone knows about NXT. Last time it was really worth to hold was for a stake in Ardor.

>>1889200
check, kek'd and rekt holy shit. FOR DAVID!

What makes this currency not a meme?
Who's going to use the client as a marketplace when there is no mobile app and the interface is slow as hell and looks like it's from the early '00s?

took out all my bit bay money and moved to nxt. hopefully this does not fail :(

>>1889313
>Moontime used proxy

>>1889313
please stop, or ill save ur pic and use it as a meme cause u look like a cuck

>>1889178

That's quite a spin. Looks like you ran into a bug, but you still have your coins, so that's good.

Could it possibly be that you had a bad experience, or do you truly believe this coin is complete shit?

always looking for honest opinion

move to ARK like everyone else.....

>>1889515
why?

everything I put into BAY was profit from dumping a few eth, covering what I initially put into eth and then some

so this dip really isn't a major concern to me, if anything it's a chance to whale up

avast

i have no spare btc, i do have a bittrex account though.

here's my address if someone is feeling a bit generous - BQXUbRzRr4faNej4nzc4ibPFe4HgEA5EiX

thanks in advance

>>1889870
>BQXUbRzRr4faNej4nzc4ibPFe4HgEA5EiX
address is for bitbay

>>1889254
Looks like he enjoys a good pegging, no wonder he was attracted to the coin.

>>1889875
Sent you a few coins m8

>>1889892
it's coming, thanks!

>>1889875

also just sen you some bay

>>1889911
>88 99 11
thanks a lot, triple-dubs!
Bay is BAE!

>>1887060
i smell a bag holder

Dopecoin not bitgay

I mean.......

BNXYjvfkmkRZF3GauxMQTg4H5X71vQB27j

So here's some music I wrote.

www.reverbnation.com/sundreamgun

I've been asking for this with the name bitbay since I were 12.

Bitcoin were pushing 1 cent then.

Fucking finally. I've had some amazing plans for this. The best part is we all make fucking chunks and the system will skyrocket the value.

It just needs a special section for special goods. Don't get caught now. I have a lot of cyber crime planned and I get paid tomorrow. Its been too long a wait to lose now.

>>1887060
Sorry newfag here - what do you mean you've already taken it off the exchange?

>>1890125
And also what do you mean you've been waiting for this since you were 12? I've got 515k of Bay. Please convince and reassure me why I should hold for the long run.

Dat Thicc Buy Wall

PUMP BABY

So now that you guys are done pumping and dumping ARK can we get back to this? I actually believe in this one and it's still a low entry price...

Bay will rise.

>>1891344
lets hope so.. im gonna sit tight

>>1890630
how do you read these charts?

>>1889942

is that a btc address or bitbay address or potcoin address or dopecoin address?

>>1891358

Okay, to read the charts:

More green mass is good, more red mass is bad.

The closer the mass gets to the center, is the closer the mass is to attacking the other side.

This is like waves crashing back and forth, which wave will be the bigger one?

We are looking at a volume chart measuring the mass of the wave.

hey /biz/

the dev just posted a concise reply over in bitcointalk
He seems like he actually knows the system that he is devving.


am i dumb or does this seem legit?
"The moderation system works like this:

I cannot possibly moderate the internet. All the markets are anonymous. If I or anyone in core don't know the name of the market we can't
possibly moderate it because it would be secret to us.

However if we discover a market that would be worth banning we can. Also we can give out the moderation key to people who insist.

Now the way users see this key is, they subscribe to that key. When they see the moderator send messages to them like "ban this user" or "ban this market" they do so.

Users themselves can FLAG orders. So there is also a decentralized moderation layer. If John starts a market that sells shoes and people start
posting job offers or advertisements that have nothing to do with the market his users can flag the order. After about 5 flags or so an order is removed.

There is also a second moderation key. One for supermod and one for regular mod. A supermod can shut down markets and perform public key
bans. A regular mod can remove orders.

Hopefully that explains it.

And it certainly is decentralized, those are simply basic systems. We can't moderate what we don't see. And ultimately we are not responsible for contents of the markets. I'm just a dev and we don't tell people how to use the software. No more than we can moderate google search results."

So apparently this "Pay to email" thing is pretty fucking dope,

now we don't need to bother with bitcoin addresses and just send email moneys

I'm still feeling good about bay despite being salty I've missed out on ark, CURSE THIS WEEKEND AWAY, but every cloud has a silver lining, I've not panic sold my bay

Still salty I didn't sell just before leaving for this trip the night beforehand I left though, coulda made mad gains and bought back in

Instead I'm just watching the charts and hype die trying to reassure myself the day will come when bay is finally worth a penny per bit

I bought at 600 :((((((

>>1890372
I discovered bitcoin when I were 12. I immediately imagined many different ways to earn and spend it.

I'm only interested because like eBay in its younger days, there be nothing but money to be made and it'll be fun.

Once Dave gives his anus up to national security were all fucked but it'll be fun until then.

Ill take double escrow over fees. Who the fuck wouldn't? Accepting fees is like accepting dick into your heterosexual male life. Not acceptable. You get nothing butt fucked

>>1891985

We see these things in a similar light, my friend. I cannot fucking believe all these shitcoins are popping off and this one isn't.

Even if this turns out to be a gross misrepresentation and Dave Zimbeck is actually a sick pedophile freak Cambodian w/ no hands hiring a nigger to code for him, at present the marketplace is LITERALLY already online and usable even to an old lady. This WILL pump, it's a matter of exposure now.

They're dropping "buy/sell anything" templates soon so even a filthy normie can use the software.

How's the Morale going about Bitbay these days?
I bought in a week ago and it's doing worse than any of the other coins I have.

>>1891995
>tfw one day I'll be able to buy a pet lion from BitBay

>>1892042

I'm high in morale but this might be a long play. At first I thought it was a sure shot but now I'm fairly convinced that people are just here for quick bucks and until the Whales show up people will just straight up ignore it. Really pisses me off DESU but I'm literally leaving one thousand dollars in it for the indefinite future unless it drops to like 200 sats.

Not even shilling. Talking to Dave Zimbeck in the Slack, using the marketplace, i'm about to buy a tire pressure gauge for $5 to see if it's legit.

You can also even buy Bitbay ON Bitbay, if you have enough BAY for the initial deposit for the double escrow.

>people are still giving away their bitcoins for shitcoin scams

>>1892042

I guess I can sum my argument up like this:

That last pump? It came 100% without any marketing other than our imageboard chatter. I think that's telling. True underdog status, with an actual product. Idk, maybe i'm just a retarded faggot but I literally have a hunch and I don't ignore my hunches. Not after missing out on buying 1,000 BTC all those years ago when it was like 5 bucks and I thought it was too stupid to go up any further.

You can call me a shill all you want, and sorry for bumping, but pic related: I already saved $15 fucking entire dollars buying a tire pressure gauge on here, check eBay and Amazon, you won't find it cheaper.

The system is working and i'm excited for the future.

>>1892278
those are about treefiddy at any auto parts store friendo
But yes people who aren't buying this shit up are mentally inept and should leave crypto

>>1892290

> know shopping is cheaper IRL
> shop online anyways

It's gonna kick off, I'm leaving my wedge in and buying more the second I get back from this trip

I'm going to be a millionaire & you fucking shitcoin NIGGERS will never understand

>>1892637
I agree with you anon-kun

Do you guys think it's a bad idea to put another 2BTC into this even though I'm sitting on 515k Bay already? I want to get to a flat 1mil Bay and sit on it for the long haul.

>>1892637


the dev is an overworked genius but the work has paid off.

All that's left is to start selling your products on the store. This is basically a decentralized marketplace and completely unstoppable. This is bigger than 4chan. This is true anon shit

can someone tell me why people wouldn't use bays?

my new bae is bay

>>1893304
ahhahaha, mate do you wanna be poor. put as much spare cash as you can onto Bitbay. This is a one way trip.

https://www.youtube.com/watch?v=yjhdX-8DZYc

Dev talk from 6 months ago where they talk about concepts they are building on top of bitcoin

imagine an ebay without fees.

Imagine an ebay where you can hire people and get hired as well.


We are pioneers

BITBAY IS THE OFFICAL COIN OF THE PROPHET ALLAH (pbuh)

YOU GUYS ARE PRETTY HALAL - DONT GO TO ETH TOMORROW

I was talking to the dev for BAY today

Because of the rolling peg feature, this is GUARANTEED to get to 10,000 satoshis and stay above that.

This is a long-term hold for me, and it’s at a FUCKING bargain right now. I”m loving it.

Holding a large amount of bay. Rolling peg is a pretty decent idea, and whales are scaring away the weak hands. Hold!