Holla CH,

So I started loooking at Bitbay.  Have not downloaded the client wallet yet, as it doesn't seem to work with my ipad, so will do it later on the desktop.   I have some questions

1) There are several projects in this space.  Some focused on specific market such as Augur is on prediction markets and others such as bitbay which offer several ways to engage with the platform.   I know you love bitbay, but why do you think it is better than its competitors? And aside from Bitbay what other project in this space do you like?  Just adding as I look into this more but seems quite a few in this space and with quite a bit of tech dev.  Sys, KMD, NXT and market specigic such as Augur.    Obviously, they will not all succeed -  We don't have multiple ebays.  How to pick winners from this bunch, and I am sure there are more I have not looked at yet.   For me the criteria includes:   Strong Vision, Proven Tech, Strong Team, Branding and Buzz (first mover advantage can not be underestimated) Funding.  Yes, funding is important as having deep pockets will help get you out of the gate faster, reach a critical mass quicker, and pull away from others in the field.    Given that wondering CH how you think the main players in the field stack up to each other?

2) My initial understanding is bitbay solves one of the current problems preventing buyers and sellers from using coins to buy/sell X, and that is price fluctuation.  Bay has a rolling peg.  How does this work?  How does it effect the price of the coin for people holding Bay as an investment?

3) Bay pitches itself as ebay without the fees.  How does Bay make money?

4) Bay pitches itself as ebay without the scams.  To buy/sell on Bay you have to put up a deposit.  Over time as trust is built the size of deposit decreases, but to begin let's look at newbie seller/buyer.   So if S is selling X for $100, S puts $100 in deposit.  B also puts $100 deposit and sends S $100 for X.  If S doesn't send X he loses deposit.  If B does not complete contract or something he also loses deposit.    In the example I used it is small change, but when bigger ticket $$$$ items are being sold and S has multiple items up for sale then S will have a cash flow problem because so much of S money tied up.  Possible it is not feasible for S or B to use the market as too much money tied up in deposits.     Is that your understanding of how it works CH or does it work differently?  

Look forward to hearing your response and learning more about Bay