Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
There is a big sell-off now in Bitbay which I think will continue. I dont think Bitbay will ever revolutionize anything. The People behind it has showed for everyone a loss of competense and knowledge. The Christmas "Surprice" has seriously forced me to sit Down and reconsider my possition in here, as it all started to reminds me about a kindergarden. As a investor for the last 18 years I have seen Things in the bitbay community that makes me wonder. Who are the People behind and how realistic are the idea they try to sell; that bitbay will be the New Ebay.com? I dont buy this idea, thats for sure! They dont even own the domene www.bitbay.com 
to me this is all too obvious:
* They will never become a New Ebay
* This crypto is just another copy of something, thought they have spent Money to let someone make a wallet and so on.
* I think owners of bitbay tokens should be more Critical about whats going on. The Project had a value last week that was 325 million dollar! This is Complete insane.
The market value has now seriously start to decline, but who really think bitbay will be a major Company like ebay, Amazon etc? Well, not me for sure.
I am done With bitbay, but I wish you all good Luck.
I would like to hear some other realistic opinions about this.Thanks.
to me this is all too obvious:
* They will never become a New Ebay
* This crypto is just another copy of something, thought they have spent Money to let someone make a wallet and so on.
* I think owners of bitbay tokens should be more Critical about whats going on. The Project had a value last week that was 325 million dollar! This is Complete insane.
The market value has now seriously start to decline, but who really think bitbay will be a major Company like ebay, Amazon etc? Well, not me for sure.
I am done With bitbay, but I wish you all good Luck.
I would like to hear some other realistic opinions about this.Thanks.
I will admit that the poker site did throw me off. It's dangerous to build up expectations in today's news driven market and then deliver something completely out from left field. I was disappointed with the news as I was expecting something else. I think the market has reacted similarly.
However you are way off base about everything else, and your comments make it seem like you have done little to no research on this coin at all. This isn't some copy and paste coin with a wallet. There is no other completely functional decentralized marketplace like bitbay on the market. This is a nearly completed project in which you can download the client today and buy/sell or create a contract. What magic coin did they copy this from? It's the only thing I know of in the world that can allow for escrow without a 3rd party. So you really need to define what you mean by "revolutionary". Double deposit escrow and rolling peg are both revolutionary concepts that are geared towards solving real problems that exist in decentralized systems.
You seem pretty new to the crypto space so I would advise you to do some research before jumping off the wall and making outlandish claims.