Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
dzimbeck
on 18/08/2017, 03:34:46 UTC
Hi guys,
I am a BAY hodler, and I see that the currency is quite under pressure since a couple weeks.

Any idea? A roadmap to come?

I believe that the tech is awesome, but sadly the market does not push for BitBay

Thanks!!
Its just a matter of time Smiley Bay has just launched a exchange in India, and they have great team Smiley and I have bought 2 btc worth bay now Wink its time to buy price can easily be pushed to 1000, though they need good marketing team Smiley this project has a great future.

This is precisely why the project should consider a rebrand when redoing the UI down the line.  If senior BCTalk members are getting confused just imagine what it's doing to newbies.  Fighting them for traffic and SEO is not a wise option, they are a business with centralized funds.  It's not a battle that Bay can win atm.

A re-brand is a double edged sword. It can lose exchange relationships, it can make it so old customers can't find you, it can result in an inferior brand name, or a brand name that doesn't get searched often enough.

That strategy is one we should only capitalize on if all else fails and we are looking for funding or various other reasons like you mentioned. We should think 4th dimensional. Almost every exchange I remember from years ago, is gone! Due to hacks either performed by the owners themselves or etc. We can't assume that the exchange won't get replaced by decentralized exchanges either. Or that we won't make enough funds to buy them out or even partner with them. We have a trustless fiat gateway. Things they might want and need. Co-branding is always a possibility. There isn't necessarily an overlap. It's like being on a Delta Airplane and seeing Delta Faucet. We are in the same industry but do totally different things.