Almost hilarious you came to shill.
Shill? Exactly what was I shilling? I was having a conversation with someone else about BitBay AND coins in general, and you showed up. Instead of answering the valid concerns listed, you went off on a massive rant about yourself and some coin features as if you were butt hurt. That's why I view it as not worth responding to.
I'm not even going to address the "humility" thing as it's ludicrous when looking at your posts or even the ANN for Bitbay. You seem to want to get into some sort of who's dick is bigger contest. I will just throw this out there though, that I've been coding and putting out products for over 30 years now, almost half of which "self employed". So I'll be long dead before you catch up in terms of accomplishments and amount of code written lol.
Note that I've never gone into your thread. In fact I've avoided doing so as I didn't want to get into this sort of thing as people just start to chalk it up as FUD etc and it brings out all the trolls. But, you seem to want to go there and so I've been going back through all the initial scam stuff about this coin to refresh my memory of events and have seen a variety of things you avoided answering back then. You seem to have a history of avoiding answering things in fact. I even completely missed something interesting the first go around. If you want to waste your time answering some questions I can bring up from all of that, then we can certainly go there. But I'm pretty sure you have more important things to do and it wouldn't change much in terms of all your true believers.
Pegging
I can see the peg falling into the situation you described. A few potential risks is it is deflated too much so the price goes way too high and cannot be recovered to that target. Another risk is the network can't agree on a supply so it gets stuck at a certain level.
But consider that there is always changes to the economy and the ones holding. So most likely it would never really get stuck at a specific supply. Someone who buys up 100% of the liquidity would end up seeing the supply inflate. So i think as long as there is consistent demand that is something we shouldn't worry about.
But lets say this happens. Then we would want to consider forking to update the algorithms perhaps?! The cool part about this is that its an awesome social experiment so we can see how it goes and adjust and get inspired to improve upon it with better algorithms.
In theory, we can do it based purely on algorithms without voting but for now I really like combining the two.
That was a couple days ago to the investors. Over here you're saying something different. I do like how you're at least honest in saying you don't have a clue if it will work or not and that it's an experiment.
Come on. Show let's all some class here. Why threaten to bring up all the stuff from the start. There are several threads about it examining it at length I have been through it will a fine comb myself several times.
Let's not all start letting this get personal.
Let's rather discuss the software. It all boils down to this. Is there anything out there that offers more for less ? The answer is actually no there is not. Not that I have located here... there are a couple of small projects that are promising a lot but as yet have not come anywhere close to coding it out.
If you choose to invest in another alt over bitbay right now today then list it here and we can revisit in a years time and compare results. Then we will fairly see who was correct. There is no point arguing over the future nobody can see there with 100% accuracy.
I don't think you're a shill and have voiced some valid concerns however in a risk reward calculation I have factored in I still believe there is not better opportunity right now than bitbay. There are others that are good too but that is my top pick for now. If you have another project that you have compared and find to be an even better chance please tell me about it on PM or here.
Ok. You know what... You and I were having a decent conversation about this stuff and I was valuing our interaction when DZ came in. Since I actually value your opinion on the matter, I'll extract myself from this thread completely. Good luck to everyone.