Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
dzimbeck
on 31/01/2018, 13:34:48 UTC
Thread is a graveyard really. The fact we have marketing team is quite remarkable.

From the entire team you need one person or two to keep the thread on page 1 or 2 here or at least one comment 3x per day




I think they are overworked, they have drafted a lot of people and they are still getting accommodated to the project and setting up a lot of different things at once.

As I just learned, http://Bitbay.net is wholly unrelated to http://Bitbay.market

The name Bitbay is therefore already diluted and unless you were first to market, your use will possibly open you up to a lawsuit. Your name must be uniquely identifiable to prevent confusing consumers and distinguish your product from anyone else’s. From a marketing standpoint your project is dead in the water.
I am very surprised your marketing team has not rectified this fatal flaw by now.

Sadly I see no point in investing in this project under the Bitbay name.

I suggest you rebrand under a new name ASAP



Well if you knew what the other investors knew about this project you wouldn't say that.

Also the exaggeration is preposterous, you can't sue a blockchain. Hahaha try suing Bitcoin. This project like many others is decentralized, ownerless. Both projects came at the same time actually by coincidence. There is no confusion, they are a centralized exchange and we are a coin with hundreds of use cases and features. Centralized exchanges won't last long anyways. Even if there was we had an international presence long before they did (they started out as a Polish exchange and grew from there).

Good. Your answer that you had an international presence long before the other "bitbay" means you were first to market and sums up the strength of your position. This fact also removes most if not all of my hesitation to invest. So long as your primary market, logo, branding etc continues it's direction, eBay should also be of no concern.

Your project has tremendous potential and I expect big things in the future.



Sure and I hope my response didn't come on strong. It's actually because of all we went through to get here which in it's own right was an amazing comeback. And the subject of rebrand came up many times. Although it's a great brand. What I want to attempt is finish the features (like rolling peg) and then take a step back, breath of fresh air and see how the market reacts to all of our goals met. We can continue to market it and then the subject ever presents itself in the future we can revisit it. Antshares rebranded to NEO, Darkcoin to Dash, etc. It happens but the main goal should be our mechanics, our features. A rebrand is extremely time consuming and not even needed at this stage. We speak in code, in our actions. Since Bitcoin solved a serious problem which was trust of a financial system. So our features solve another problem which is trust in agreements (two party escrow), markets/communication and hosting (decentralized markets), and volatility and backing (decentralized/moving/dynamic/rolling peg). That is my perspective as a scientist. From a marketing perspective though the brand is strong anyways and fairly conducive to the services and solutions offered. And please let us know if you have other questions and never shy away from potential criticisms because we have actually greatly improved the product due to feedback over the years.