BitBay response to association with QTUM co-Founder Patrick Dai


The BitBay development team has been asked to comment on the possible link between one of BitBay’s original founders, and Patrick Dai, a co-founder of the QTUM Project.  BitBay’s lead developer, David Zimbeck has confirmed the man using the name Patrick Dai from QTUM, was known as Steven Dai when he was associated with BitBay.

Steven Dai walked away from BitBay with publically invested Bitcoin & millions of BAY from the initial offering which has never been returned.  The BitBay team recommends extreme caution when it comes to investing in any cryptocurrency project associated with Steven (AKA Patrick) Dai.

BitBay is more interested in letting people know about the future than reliving the past.  Even without support from the original founders, David Zimbeck has continued with the development of BitBay.  A fully functional decentralized Smart Contract client is freely available for public use and is the most advanced crypto currency product available today.  You can see more about the current state of the BitBay project by reading up in this thread or visiting bitbay.market You can also join our slack by using this link http://bitbay.market/wp-login.php?action=slack-invitation

Yeah it is what it is, their investors are aware apparently on the thread.

We have too many good things going on to distract ourselves, although it is good to warn them. Some of the people on the team are legit which has me concerned they don't realize who they are working with. I'm good friends with one of their devs Ibai and met him in person so hopefully there is upper management that will consider the implications of working with Dai and how it effects their team and credibility as a whole.

As for everything else, I will have a build with staking and voting, aiming for March 1st release. The slack core will go ahead and decide how long they want to test it. You guys will be able to see what the major changes were in the changelog that is always packaged with the release.

Thanks, appreciate it.

i agree. david is a good man

agreed. the bb community is great. the slack is awesome. you can ask david a question and he answers. his heart is in the project and it shows

i think its time to start a new topic and call those fraudsters out

Why is Bitbay team spreading FUD on Qtum project, because someone work away from a project doesn't make that person a fraudster, alot of people have walked away from Bitcoin project and criticizing the team but Bitcoin has been better off without them, that should be what Bitbay team to measure up to not trying to pull another project down, do you guys think if Qtum project is a scam, they will be able to receive that level of funding?

Please stop talking nonsense. This DAI is a PROVEN scammer. Who walked away with 200 BTC and much more including the BB.

If you want to walk away from a project you don't take the development funding with you. Only Dai himself would employ this reasoning? are you Dai?

What level of funding do they really have? perhaps it's just the 200 BTC they owe BITBAY plus whatever they dumped their bitbay coins for? even if they roped some others in and have huge funding that does not mean they are aware of who they are dealing with.

There is no way a proven fraudster can be trusted to run a multi million dollar ICO.

Looks like BITBAY2

blah blah ex ali ba ba
on chinese exchanges (cant use bter now)
wanting to dominate huge chunks of the minting they retain 49%?
bitcoin whales and now a billionaire involved.... are any of those names chinese for bob surplus ?

If they have billionaires and huge btc whales all in on this why they want to extract a few more btc from us on here.

that forbes article reads like a bitbay2  blueprint... 2017 version.

I think this entire community has had enough of scammers taking their BTC and pissing in their face. I mean imagine taking the BTC for our dev fund then instead of just leaving us alone and taking our investment for funding development they hang around for years dumping their FREE bitbay dumping down on the market to make sure the price can never rise.

This person is a pariah for good now. Changing his name says it all.



I don't even think this scam has broken out properly to the community yet. Wait until it does it will be big news.

Tell all the people, DAI is a scammer