Bitbay will be pegged to a certain price, which the holders of the coin can vote for.

Just let that sink in. What is the #1 reason the media and non crypto users have to spread hate or bad news on crypto? The price volatility so when bitbay is pegged to a certain price this will be minimalized or even (just like USDT) completely gone. It can deflate and inflate itself and by that forcing a certain price. This is amazing for normy's to get into crypto and once they start using it I think they will be surprised on how good this system acctually works + they will realize big banks f**ed them over for their entire life.

Here you can see all the features that BitBay already has and the upcoming features as well.

When you look closely you will see it acctually has NO FEES , this is amazing and it shows you it's all about the user experience. The developer hopes to get the pegging done by the end of 2017. I think that when this is all done or almost done the coin will explode like no other coin in the top 100. It has the potential to easily reach the top 20, maybe even the top 10.

There also will be a new marketing team and they will start advertising this coin allot. This will start in the second half of 2017... so that means it will get more attention as supposed to now when it has almost no attention with everybody focused on all the ICO's.

(credits for this graph go to @chingu on the BitBay slack group)

Here you can see a fibonacci retracement, if you are a day trader (would not suggest this, and it's ofcourse decentralized) I would reccomend setting a buy order at around 60-65%. If you do not day trade I would just buy it straight away, I think the price right now is only a fraction of the price in 1 to 3 years.

SLACK GROUP
The slack group of this coin is very active, and at the moment allot of new people are joining the group making it a learning place for all. I would reccomend joining this group, there is allot of information about this coin and upcomming announcements. I will leave a link to this at the bottem of this post :)

STAKING
If you got a good ammount of BitBay you can let it stake in the bitbay QT wallet. I would suggest having a minimum amount of 4gb of ram and having at least 20,000 coins. BitBay has a 64 second block time and that equals to 492,750 blocks a year (60x60x24x365/64). They advertise a APR of 1%, but this is only if every coin is staked this ofcourse won't happen. You will probaly see aroun 2-5% APR, because some coins are locked away in contracts some are just simply not being staked and even if only 10% is being staked the coin supply will still increase by 1% no matter what.

Also people where scared that the market place of bitbay (yes it has one) will be overloaded with drugs etc, because of the complete annonymous thing. This won't happen it will be 100% illigal/drugs free.

You can also hire/find a job with the use of unbreakable contracts. This makes it so that the employer has to put momey in escrow and if the employee does not show up the employer get's his money back this also works backwords for the employee, because if he does show up he will 100% get payed for it. Truly revolutionairy if you'd aks me.

There are allot more features if you are interested already, take a look at their site/slack group, both listed beneath.

Join slack group: http://bitbay.market/wp-login.php?action=slack-invitation
BitBay official site: http://bitbay.market/
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I hope you all have a great crypto day, PEACE