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Coins: 3779
Exchanges: 270
Dominance:
BTC 51.9%
XRP 11.0%
ETH 10.4%
BAY
USD

BitBay (BAY)

1h
24h
7d
14d
30d
1y
-1.1%
3.4%
-8.4%
-15%
-19%
-94%

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BitBay Volume by Exchange

# Exchange Pair Price 24h Volume Volume %
1
Updated 6 minutes ago
$0.01
0.00000195 BTC
$11,675.90
1658958.119 BAY
48.91%
2
Updated 10 minutes ago
$0.01
0.0000019 BTC
$11,217.87
1636000.003 BAY
48.23%
3
Updated 1 minute ago
$0.01
0.0061835 EUR
$684.28
97103.808 BAY
2.86%
4
Updated 32 minutes ago
$0.02
0.00000679 BTC
$0.00
0.000 BAY
0.00%
5
Updated 4 days ago
$0.01
0.00000199 BTC
$46.93
6708.058 BAY
-
6
Updated 4 days ago
$0.01
0.0002455 LTC
$9.82
1322.713 BAY
-
Quick Stats
BitBay Price kr0.06
Market Cap kr63,789,970
Market Cap Dominance 0.01%
Trading Volume kr212,402
24h Low / 24h High kr0.06 / kr0.06
Market Cap Rank #288
All-Time High kr2.93
Since All-Time High -98%
All-Time High Date Jan 03, 2018 (about 1 year)
1 Hour -1.1%
24 Hours 3.4%
7 Days -8.4%
14 Days -15%
30 Days -19%
60 Days -52%
1 Year -94%
BitBay/Bitcoin Ratio 1 BTC = 519413.49 BAY
Chain Info Beta (CryptoID)
Mining Difficulty 26,013,695.41854
Total Blocks 1,981,661
Transactions per Second 0.01458
Median Transaction Fee 0.9131 BAY
Median Block Size 446 Bytes
Misc. Info
Genesis Date November 10, 2014 (about 4 years)
Hashing Algorithm Proof of Stake
Hashrate N/A
Block Time 1.067 minutes
Available/Total Supply 1.02 Billion / ? How is this calculated?
Complete Metrics Score
43%
Total
Major Exchanges Trading Activity
14%
Liquidity
Source Code Repository Activity
53%
Developer
Social Media & Discussion Board
45%
Community

About BitBay

BitBay is a free, decentralized marketplace for buying and selling goods and services on the blockchain. You can connect directly with peers and transact without the need for a middleman like Amazon, eBay, or Craigslist. Transactions are secure and anonymous. They’re also guaranteed by escrow. The project aims to be the new standard for eCommerce, allowing individuals to trade one-to-one at scale. As a result, BitBay claims it will revolutionize global trade. It’s seemingly a great solution for other niche applications as well, where groups of people aren’t served by existing marketplaces. In the beginning, BitBay got off to a rocky start. In 2014, the original founders raised capital in bad faith and quickly abandoned the project after fundraising, leaving the lead developer holding the bag. It seemed like BitBay was finished, but the developer continued working on the project out of a sense of duty to the original investors, without access to the capital raised in the fundraising round.

The BAY token is the transactional token in the marketplace. You use it to buy and sell, and it can also participate in freezes, escrow, bets, swaps, etc. The token itself operates like Bitcoin and is secured by the network. Although you can use BAY for transactions, you don’t have to. You do, however, have to use BAY if you’d like to take part in token staking. BAY’s price cratered after the original founders left and stayed low until March 2017 when it took off. It has been through several cycles of bull and bear runs, with a max price over 30 cents in January 2018 before retreating to its current value.

BitBay supports all kinds of privacy and security measures. It’s easy to create a multisignature wallet for added security. There are integrations for Tor and other proxies that help anonymize your connection to the marketplace. An on-screen keyboard allows for password or key entry without using your keyboard and being susceptible to keylogging. Additionally, you can create images with your private key embedded, so that finding a stored key is more difficult for a hacker. The marketplace also has functionality for time locking contracts and swapping currencies. This enables all kinds of cross-chain transactions and financial implements. The time lock and other smart contract elements make it possible to create bets, escrow, futures and options trades, or any number of other financial transactions.

The idea and implementation by BitBay, of a decentralized marketplace and trading platform is brilliant and shows further promise of expansion.The rocky beginning of the cryptocurrency and its subsequent comeback as a promising platform indicate that the developers are in it for the long haul and don’t plan on abandoning the platform after all these years.

Beam Updates

The latest BitBay Community Update is out now. Featuring a new Community Projects Initiative, web marketplace updates, 'Dynamic Peg' protocol testing and much more! https://medium.com/@bitbay/bitbay-roadmap-update-95ab4dcba63

Some dev updates for you all this week:
The Android app and web wallet will be upgraded to use the new, custom block processor, meaning faster transactions and more reliable balance reporting for these wallets. We are also releasing the live wallet update and a new light theme for the web marketplace demo.
And lastly, we will be updating the desktop client and Qt wallet with some new features in preparation for the next phase of dynamic peg testing.

http://twitter.com/bitbayofficial

The new BitBay Q4 roadmap is now live with info about the upcoming Web Marketplace and Dynamic Peg plus lots more! Check it out now at https://bitbay.market/roadmap

21
Stars
8
Watchers
17
Forks
6
Contributors
19
Merged Pull Requests
9 / 9
Closed Issues / Total Issues