With the #DynamicPeg, BAY will have a very strong chance of maintaining independent correlation to both BTC and Alts (not to mention traditional markets), creating a very interesting ternary hedging model. ...and this doesn't even touch on the P2P marketplace side of things
BitBay has a dynamic supply because satoshis are in an array instead of a single integer. Thus making a variable liquidity system of liquid/reserve coins that change in ratio by force. No hyper-inflation, no backing, no short/long/credit. Users keep custody of reserve coins too.
We are pleased to announce a new addition to the BitBay family. The BitBay Foundation is now a registered legal entity in Estonia and this is a significant step forwards for the whole BitBay project. Check out the new website at https://bitbay.foundation #bitbay #dynamicpeg
The BitBay marketplaces ensure users are protected from fraud by using a unique system of 'security deposits'. We call this Double Deposit Escrow (DDE). The infographic shows how 'DDE' works as a safeguard on the #BitBay Web Marketplace betapic.twitter.com/cT6ieGzI3K
The reason @BittrexExchange and @upbitglobal are removing their BAY markets is because they didn't want to understand how the innovative new protocol we have developed and built can benefit traders. Easier for them to just drop support for BAY than try to understand it
After the recent disappointing news that Bittrex will not support the new BitBay Dynamic Peg protocol, Upbit has now announced they will also remove BAY from their markets. They have claimed "lack of liquidity" as the reason. This is not true @upbitglobal @BittrexExchange
We are happy to announce that @BitBayofficial (BAY) will be listed on #LATOKEN soon! BitBay’s Dynamic Peg, the next evolution of independent and volatility-resistant money, is coming to #LATOKEN soon! More on the project: https://bitbay.market pic.twitter.com/YWB4YwIDp3
Come and test-drive the only web marketplace that has absolutely no middlemen. BitBays p2p marketplace launched in 2015 and now it's available in a browser with 'double deposit escrow' smart contracts https://buff.ly/2CSqyPH #BitBay #fintech #BAY #DDE #SmartContractspic.twitter.com/xsuCunzpaE
BitBay (BAY) is currently the #439 cryptocurrency by market cap at $5.1M USD. Trading volume for BitBay over the last 24 hours is $780.3 USD. There has been 1 news story on BitBay over the last 7 days. The most common news source covering BitBay is BitBay Twitter and the most common news category is Project Announcements.