Post
Topic
Board Announcements (Altcoins)
Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open
by
digicidal
on 29/11/2014, 09:31:26 UTC
I never asked for their identities The Bitbay team said they were going to give them. That's a very different thing.

Plus I'm asking about the nature of the contacts and how they will actually leverage them into populating the market etc. They are legitimate and essential questions to ask about a marketplace project for goodness sake.

HERE YOU GO... Smiley

Now as far as your other questions - those are indeed valid questions which are both reasonable and legitimate to ask for, but if you expect a for-profit company to reveal everything about every aspect of their product/service before being ready to roll them out to the public I would hope you will be sadly disappointed.

There are tons of coins which have rolled out poor copies of anything interesting, often prior to the actual innovator being able to release their own product.  And this isn't a matter of investment necessarily... I own a few thousand dollars worth of AAPL... but I learned about iPhone 6, the watch, and Yosemite at exactly the same time everyone else did - doesn't mean I'm selling my stock however.

I know you think you're serving this project. But you're actually damaging it.

Any company explains its strategy before people invest in it. I'm guessing you don't know much about the Business world. Go on Bloomberg and CNBC and you will get a line of people queuing up to tell people their strategy. Plus they already got the funding. Like I said the team here said they were going to give profile pictures then I expect them to so what they say. What so hard for you to understand in this?

Don't forget if there is something that can't be said then I'm suspicious its not legal. If so investors will want to know that. Otherwise outlining the plans for the market IS a completely valid question to ask and to answer.

Can you do me a favour and let the BitBay team answer any questions. You basically are a forum user, basically no one with any proven knowledge.  

Well, you're wrong about my intentions... I'm not serving this project or any other really... I'm only serving myself (as an investor acquiring more BAY I'm perfectly happy with panic and despair at this point) and playing with you because I find you irritating.  You are right about my experience somewhat - I've long since sold the only two businesses I started and now I'm just an independent contractor (although it could be argued that it's still a business).  However, it's a public forum so I could just as easily ask you to stop posting anything until you have read the information that's already been posted as some of your questions have indeed been answered previously in this thread and in a few crypto-centric media sources over the past week.

I understand your concerns about legality - but this is crypto.  Bitcoin itself is illegal in many countries, the FBI has already shut down the two largest (to this point at least) crypto marketplaces on the grounds that they were illegal.  A number of exchanges and even individuals have been arrested for money laundering for trading cash for BTC without proper licensing.

I certainly hope that they (The BitBay team) follow through with their promises, and that they wow all of us with a fantastic service which we can both use and profit from as investors - but I also know that in almost every case someone is "very interested" yet not invested in anything... they're not actually anything that they represent themselves to be.  

It's cool... for your sake I'll just ignore you. Happy Thanksgiving and good luck in crypto... you're gonna need it.  Wink