But I agree most taper off after an early peak. So why would this be different? Because this coin unlike 95% of altcoins have no real world integration. Almost all alts are trying to become a standalone currency but very few are integrated into an actual business. Ultimately digital currency is to buy stuff and send value to individuals. So a trading platform that has a built in pegged currency is COMPLETELY different proposition that will increase in value IF the platform is used and proves popular. So I agree but you got to separate lone currencies and integrated currencies. They fact that it ticks all the boxes of what a decentralised marketplace is is incredibly hopeful. So many have scammed on the idea of a decentralised marketplace but this actually delivers the goods no pun intended.
How is that different from eBay are proposing to do with Bitcoin ? <-- genuine technical question not FUD
I realise that Bitcion isn't pegged to a fiat reference but as far as an adoption proposition goes the criteria for buyers and vendors are exposure to huge markets rather than the technical subtelties of the currency they're using surely. Clearing houses like Bitpay just deal with the volatility for them.
I think Dev mentioned that he is trying to make it "undumpable" that would automatically attract more vendors including Ebay. Businesses who wants to accept crypto they don't want to deal with volatility and if Bitbay fixes that issue then lo & behold you're looking at something that can change how everyone look at crypto.
At the same time Bitbay is going to come up with their own decentralized marketplace and everything depends on how big that gets. If that thing becomes bigger than Ebay itself then everyone can say good bye to Ebay..it'll still exist but it'll become a lot smaller than what it is today.
It will literally kill paypal(majority of population hates them) and no fees!! Everyone is familiar with Ebay & Paypal and how they literally rob people with their fee structure and policy. It's going to be great.