BitBay
As of 06-06-2017
Current Market Cap: $24,724,691
Current Price: $0.024540 | 0.00000895 BTC
Ranked: 75
I have been doing research on this coin for the past couple of weeks and from what I have found it looks very promising for the near future, 1-3 month window.
Pros:
Active community on slack
Virtually no marketing done yet, leaving room to expand
An actual working product that is being actively developed, that is more than I can say for 95% of the other shitcoins
No significant pumps. The graph shows a very steady upward trend.
Very low marketcap. Technical analysis looks very strong, I am projecting 4x increase in the near future.
Very solid concept, good niche. Cuts out the middleman. There is no fee paid for a transaction using the service.
Plans to peg BitBay to the USD.
"Perhaps the most powerful feature of all is the ability to hire others knowing the work will get done. Hire an employee and both of you make a deposit. The employee is expected to perform, and the employer is expected to pay. In this case, the time limit enforces milestones for employee reviews and significantly increases productivity. This becomes an invaluable tool for outsourcing, with a guarantee that everything will be completed to secure payment. It also guarantees that employers will pay for work as it gets completed. A win-win situation for both counterparties."
Cons:
Shit website/GUI graphics. However the developer has stated they are focusing on the core product before the UI.
A single developer, David Zimbeck. When you google "David Zimbeck" the first link that comes up is: "GET THAT SCAMMER DAVID ZIMBECK OUT OF CRYPTO FOR GOOD" from bitcointalk.org. How valid that thread is I'm not sure.
Interested in hearing the communities thoughts on this promising project.
There will be a decentralized ebay platform, whether it turns out to be BitBay or not, the niche will be huge.
"The days of a passive BitBay are fast coming to an end! Many old holders have been showing up in the Slack given the recent boom in Altcoins, and our pool of talent has been growing relative to the growth of the community. We're working on revamping the site and increasing brand awareness, it has simply been low priority until the recent rise in price and increase in available resources. Slack: http://bitbay.market/wp-login.php?action...nvitation"
Thank you so much for showing interest in BitBay! I am a member of the core team and like to follow up on any attention we receive, we very much appreciate the shout out.
For any readers who would like more information on BitBay, I strongly suggest you head to our Slack, where our core team and developer are typically available for questions: http://bitbay.market/wp-login.php?action=slack-invitation
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=890531.0
Again, thanks for the press! We're scaling up and aim to greatly increase brand awareness in the second half of 2017.
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