Quote from: 3dant on October 29, 2016, 10:36:39 PM

I'm not sure why this isn't going through the roof...ok the past history on this coin isn't the best...but it looks bloody promising, maybe getting this thread to come up first on a google search rather than the old one will help a little...........and everyone should try and give poloniex a nod...they say they like to add coins with good devs and promising tech...lets see if they are true to their word.

Yeah, thanks for the interest and kind words.

I think there has been some issues with the owner of BCT causing us to have no luck with SEO capabilities.

Yeah, supporters have been trying to get us on poloniex through the request form, but right now the volume is probably too low.
I think that could change once poloniex realizes that they could essentially stake BitBay on their exchange securely because wallets have 2 private keys and the client has a joint account system.
So they could have a 'hot' cold wallet staking because they could run the wallet on 2 separate computer devices. A hacker would have to penetrate both devices to gain access to the 'hot' cold wallet.

So essentially they could stake trader's coins while they are trading. This could create all sorts of interesting features, especially after the coin completes the rolling peg tech. Since BitBay is converting to Proof of Stake 3.0, exchanges have the capability to gain higher stake reward percentages as it would virtually turn into a mining pool with various return percentages provided to the traders.
This would allow for an exchange like poloniex to reap a fair amount of stake coins for their own benefit. They would give the most back to the traders, but retain a cut for the service.

The way I understand POS 3.0 is that with BitBay starting off with 1 billion coins at 1% inflation per year, no matter what the total number of coins will increase by 1% (10 million coins). So if only 5 people with a combined total of 5 million coins were staking in the entire network for one year, Then those stakers would gain the 10 million coins by the end of the year based on their percentages of coins owned.
That's way more than a 1% ROI.

It's impossible for every coin to stake in the network. So no matter what, the return will be higher than 1%.

Currently Bittrex has over 100 million coins sitting in their exchange waiting to be bought.
With the volume capabilities of poloniex, if BitBay was traded there, that amount could possibly triple.
So with 300 million coins on average staking over the course of a year and the rest of the network is only staking 400 million, then polo would essentially earn 42.8% of the 10 million minted.
Doesn't seem like much, but if you factor in a random peg value of $0.10 (just as an example, no one knows the starting peg value), then polo would be minting a total of USD 428,000.00 per year!!!!! Granted a lot of it would go back to the traders, but I'm sure they could create incentives to alter that, like free trading for traders who hold over 50,000 BitBays on the exchange.

No other coin can offer this feature an exchange (mainly because of price stability from rolling peg technology)

So yeah, I agree BitBay should be on poloniex, because in the future we will help them make a shit load of money!

Edit:
None this even takes in consideration that Bittrex an Poloniex could actually buy the coin for themselves because of this capability.
So essentially for the first time, you could have exchanges that not only allow for traders to trade it, but they would also have financial 'strings' attached to it so they would help protect the value of it!