David has mentioned that he would work on pegging sooner than later. That would automatically fix all this volatility issue. There is no Buy wall so price decline shouldn't be surprising at all. Anyone with small amount of BTC can float the boat any way he wants.
I would like to see what happens after 6 months of marketplace and pegging. Whatever happens before that doesn't concern me. My bay is stored in thumb drive 20 miles from here.
Well, as a trader I'm not a big fan of the pegging actually... nor do I think the restricted liquidity will go over big necessarily. However, it's a new concept - or more accurately a new combination of concepts - so I can't prove it won't be exactly what's needed. On the other hand, I've seen way bigger losses (and gains thankfully) so this kind of action definitely doesn't spook me. In any case, I'm here for the show - and like you, for the marketplace itself. Regardless of what else is going on, and even if he has to do it all himself, if David can push things through to the marketplace release and that works to even a fraction of it's potential... then all will be quickly forgotten and forgiven.
On the other hand, with ever-expanding fantasies of the numerous bitter/burned investors, it will be hard for him to keep his head above the fray. I do have faith that he can do it - he hasn't run away from BC to greener pastures, and he's worked and delivered on his past promises. Maybe not the best situation at the moment, but you could be holding BALLS that were purchased at 20K which are worth around 200 sats now. BAY would have to be selling for below 1 sat so see the same (and that's in the same time frame as well).
Thanks bud, yeah right now im just torn between doing pegging early to protect you guys or sticking to the schedule. Markets is the easier task, pegging is a bit more involved since it means adding mining rules. Im sort of preparing myself as we speak and studying bitcon/blackcoin source (its spagetti code lol).
And yeah ive got a major bithalo/blackhalo release to do too. That release would also effect bitbay as a wallet update.
Its one of those things where ive got lots of work piled on my desk and im deciding which ones are most important today.
My coders here in cambodia are still learning so they dont work on any major milestones(unfortunately it is really hard to find experienced software dev). I'm still doing all the coding. So with that said ive sent out my friend who works with me on all my Halo stuff to start scouting for a superdev not necessarily bitcoin related. And the guys are looking in china and im looking at India for another group.
Its just that even there, its a lot of interviewing i dont have time for and would rather be coding. So ive got my friend looking at it now and doing that for us in exchange for a bounty.
