10000x

JESUS CHRIST THIS BOARD IS FULL OF GORE LOL BUMP FOR THE GREATER GOOD

YOU'RE WELCOME BIZ

Could take out Amazon if they don't get involved in blockchain.

It will most DEFINITELY take out ebay/poshmark.

Ebay for sure. They're too greedy. Middlemen are a thing of a past with the double deposit escrow / smart contracts of bitbay. We will win. Just hold on for a few years, i GUARANTEE the population will catch up.

take out amazon. kekekekek good one buddy. delusional as fuck

>implying amazon will be able to withstand the coming tide

You clearly have no clue how desperate people are for extra %'s on sales. If they can GUARANTEE an extra 10-20% PROFIT, guess where all the sellers will go?

Yeah these fucking shills are rediculous

>rediculous
Low IQ pajeet spotted.

My shill is god tier. If you don't buy this dip, sucks for you.

BitBay has a lot of potential.
I have a small stack from last year. It's been so cheap lately that I've thought about going back in heavier.

>bitbay shilling
is it 2016 again?

There's literally no point to not keep accumulating at this price. Even if it goes to 100 sats, I'll still keep fucking buying it. No one even knows about it. I'll continue to shill it daily.

Heh, what you don't realize is that the longer a coin survives, the more likely it is to succeed.

The default algorithm will target a usd price of 1/10 000th of bitcoins ATH which equals roughly 20c. That's where yes votes to freeze supply will work towards. They can freeze 1-3% in a single voting session and there are 7 voting sessions a day. So roughly 21% can get frozen a day until the demand for the unfrozen coins is equal to 20c. Then there will be other alhorithms that can say do a yes vote if certain technicals are met like a change of x amount to the rsi or ema.

So even if the price goes 10x to get to 20c, you'll then likely only have something like 1/10th of your coins liquid to sell for that 10x

I remember the baywatch days.

However I dropped that a while back and now am losing massively on PRL and SHL if they don't work out,.

Attached: Bay7.png (687x414, 501K)

Kinda miss the bitbay shills, heh I still have a stack of them I bought last year because of shilling.

SILKROAD V3 we finna be rich niggas

How the fuck do they just freeze 9/10 of my coins though

my nigga
pretty good explanation
i dont think it takes into account the price of adoption once people realize the power of the peg.

Bitcoin drops? NO FUCKS GIVEN.
my nibbas

If you hold them on the wallet, they can freeze. They are also working with exchanges I believe to incorporate the system there as well. It will be the first of its kind.

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The coins have some kind of identifier. You can still trade the frozen ones but they will be timelocked for i think a minimum 3 month period so naturally they are going to trade at a lower rate. The thing about frozen coins is they stake at a higher rate than liquid coins and upon maturing from the freezing will effectively have a yield on them equal to the difference between (liquid-frozen)x number of frozen coins you hold. This will make purchasing the frozen coins quite lucrative. Also if you freeze your coins voluntarily you get somewhere around 5% as a stake reward (more if less people are staking).

I think what we'll see first is the whales who will have the voting majority vote straight towards freezing to achieve the 20c target. Then if exchanges integrate the peg we will see a price discovery for sub premium coins which will benefit those who get in first on the cheap ones. If you have 100k BAY at 2c and they freeze until the liquid bay equals 20c, then you can sell off your stack of liquid ones and accumulate more frozen ones. This sell pressure might result in more Liquid BAY being on the market and more freezing to maintain the 20c. Then eventually there will be a squeeze as all the frozen ones are bought up that the price of the liquid bay will rise. Once people see their value being preserved by the peg more people will want to use bay as their stablecoin in tough times and the price will sky rocket. If we go too parabolic there will be voting from qhales to release frozen BAY to decrease the volatility. If too many come on the market and the price starts dumping, they'll freeze more again to keep a stable price. The amount they freeze this time will inevitably less than the amount that were frozen the first time and we'll begin our movement into the top 10 coins. It's a bear proof coin.

Great explanation

last bump for any lost souls out there. Good luck.

They won't listen. Too busy frothing over TUSD or DAI.

Since it is a decentralised marketplace, someone should sell guns and drugs on their to see if they delist them or not.

Even if they delisted them on the public marketplace (very slim chance), you can still do private deals where no one can see them, so you would use a linkup site to find buyers and boom ezpz

This will be the spot for it. Double deposit escrow and private markets means no more exit scams and honey pots.

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Do you think 180k is enough to made it? I'm gonna sell my liquid as soon as i see frozen ones moving up fast and stock up on frozen ones anytime more unfreeze.

It's a decent amount. You'll make a good amount.