[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 101.

innovations

newbie

Activity: 1

Merit: 0

Quote from: johnybyo on April 21, 2015, 12:25:28 PM

Quote from: nakaone on April 21, 2015, 12:17:29 PM

http://www.institutionalinvestor.com/article/3446313/banking-and-capital-markets-trading-and-technology/derivatives-pioneer-blythe-masters-tackles-digital-currency.html#.VTaFmCHtlBe

good read - wondering which protocol(s) she is referering to.

Side chain? Mastercoin?

Doubt it.

Quote

Digital Asset's technology addresses these fundamental problems and creates a trusted ecosystem comprised of previously agreed and vetted counterparties. This new technology is expected to make it possible for regulated financial institutions to accommodate customers wishing to transact in crypto assets and also to utilize cryptographic technology to settle and track transfers of mainstream financial assets more quickly and at lower cost.

Sounds more like a variation on the bankster-friendly Hyperledger style tech to me.. who's guys have recently created a ~~money funnel~~ commercial entity, a la Ripple labs

Bitcoin is listed in their career section but not sure if the relationship to bitcoin is much more than buzzwords in the press releases. There is some more reasoning on why old money would be more likely to adopt distributed ledgers over decentralized ledgers below.

http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf

johnybyo

newbie

Activity: 58

Merit: 0

Quote from: nakaone on April 21, 2015, 12:17:29 PM

http://www.institutionalinvestor.com/article/3446313/banking-and-capital-markets-trading-and-technology/derivatives-pioneer-blythe-masters-tackles-digital-currency.html#.VTaFmCHtlBe

good read - wondering which protocol(s) she is referering to.

Side chain? Mastercoin?

nakaone

hero member

Activity: 742

Merit: 500

http://www.institutionalinvestor.com/article/3446313/banking-and-capital-markets-trading-and-technology/derivatives-pioneer-blythe-masters-tackles-digital-currency.html#.VTaFmCHtlBe

good read - wondering which protocol(s) she is referering to.

Cornett

hero member

Activity: 700

Merit: 500

★ IT's Party Time! ★

Quote from: jrmg on April 21, 2015, 05:54:30 AM

Someone still buying every XCP what can get cheap

0.004 2662 XCP

Because he knows the true value Wink

jrmg

full member

Activity: 134

Merit: 100

Someone still buying every XCP what can get cheap

0.004 2662 XCP

nakaone

hero member

Activity: 742

Merit: 500

well you can decide if you know better than the market and buy or sell - if the use case has not changed (and I assume it has not changed) do your conclusion.

I only feel sorry for the guys who have to sell at this point of time

Matt Y

hero member

Activity: 647

Merit: 510

Counterpartying

Quote from: Evil-Knievel on April 20, 2015, 01:25:47 PM

Letting the election aside: why the hell is the price free-falling?

Everyone who wants XCP has it. There is no reason for anyone else to buy it until the main use case is proven via smart contract implementation that people are actually using. This combined with people needing money to live, finding what they consider to be better short term investments, or something else, we will see continued selling pressure. My suggestion is to look at progress and value while trying to disregard what the price may or may not do. The market is so thin right now it's pretty much a joke to look at anyway. If someone needs to liquidate 5k XCP it's going to take days and it will significantly move the price.

Cliffs: The price is falling cause some guy, somewhere, decided to sell some XCP and the volume is quite low.

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: Evil-Knievel on April 20, 2015, 01:25:47 PM

Letting the election aside: why the hell is the price free-falling?

Theres just no love for the work that goes into 2.0 projects any more. The NXT crowd have released updates, new features, upcoming PayExpo, even new blood on the scene, and still, the price trickles downward. Undecided

It certainly isnt like it used to be, where peeps would play at a little bit of speculation. I dont know what the answer is, but it seems peeps only entertain cold hard facts that involve very significant tie-ups with very well known existing operators out there, who can offer real world exposure, like Overstock, for instance.
Maybe thats how its supposed to be now. IDK Undecided

I blame JR, with his 'we can do everything' MSC talk-the-talk bull-shit, all that time ago, and delivering Jack Bo Didley. Tongue

Evil-Knievel

legendary

Activity: 1260

Merit: 1168

This message was too old and has been purged

pankogulo

full member

Activity: 121

Merit: 100

Counterparty General Manager

Official election result post is live on the Foundation site: http://counterpartyfoundation.org/xcp-election-voting-is-closed-announcing-the-names-of-the-counterparty-foundation-community-directors/

Jpja

member

Activity: 150

Merit: 29

Happy mother of 5 children

Quote from: pankogulo on April 19, 2015, 02:02:58 AM

The Counterparty Foundation Election is now closed! Here are the names of the new Community Directors:

1. Chris DeRose 14,590.83, 26.83%
2. Robert Ross 14,104.75, 25.93%
3. Devon Weller 13,683.18, 25.16%

Thank you everyone who participated in the election and congratulations to the new Counterparty Foundation community directors!

Congratulations to Chris, Robert, and Devon! I'd also like to thank all those who voted for me. Your support encourages me to continue volunteering for the Counterparty ecosystem.

pankogulo

full member

Activity: 121

Merit: 100

Counterparty General Manager

The Counterparty Foundation Election is now closed! Here are the names of the new Community Directors:

1. Chris DeRose 14,590.83, 26.83%
2. Robert Ross 14,104.75, 25.93%
3. Devon Weller 13,683.18, 25.16%

Thank you everyone who participated in the election and congratulations to the new Counterparty Foundation community directors!

mtbitcoin

legendary

Activity: 876

Merit: 1000

Etherscan.io

Quote from: Matt Y on April 18, 2015, 11:45:36 PM

I'd be interested to see that as well if you have some time.

http://blockscan.com/charts_assets_address_growth

Matt Y

hero member

Activity: 647

Merit: 510

Counterpartying

I'd be interested to see that as well if you have some time.

mtbitcoin

legendary

Activity: 876

Merit: 1000

Etherscan.io

Quote from: Kalkuuuta on April 17, 2015, 02:09:04 AM

Quote from: Matt Y on April 12, 2015, 11:02:40 AM

XCP address growth over time: http://www.blockscan.com/charts_xcp_address_growth

This is all addresses where is XCP and where have been but balance 0 XCP? Can anywhere see stats how much there coming new address and where old coins moving? All to old big holders or coming there new users.

(Found 8298 unique addresses with a total balance of 2640824.82423992 XCP)

Over 0.00000001 XCP are in #3914 address.
Over 1.0 XCP are in #2961 <1 XCP 64%
Over 10.0 XCP are in #2237 1-10 XCP 9%
Over 100.0 XCP are in #1528 10-100 XCP 8.5%
Over 500.0 XCP are in #1113 100-500 XCP 5%
Over 1000.0 XCP are in #960 500-1000 XCP 1.8%
Over 1500.0 XCP are in #160 1000-1500 XCP 9.5%
Over 2500.0 XCP are in #101 >2500 XCP 1.2%
Over 5000.0 XCP are in #63

Over 64% of addresses are empty and with under 1 XCP balance.
Over 9% of addresses have still burning amount coins. (not check if that is orginal burns)

50% of coins are in top 101 address.

Long way before there are 10000 active address, now looks like all transaction coming from few address and few peoples own coins...

Its not every user on Counterparty that holds XCP. There a lot of others who hold assets other than XCP like FLDC, GEMZ, LTBCOIN etc. So if taking into calculation the entire ecosystem is large than what is show in the graph... So perhaps a better metric would be to show growth of addresses with Counterparty Assets and NOT specifically limit it to XCP only

pankogulo

full member

Activity: 121

Merit: 100

Counterparty General Manager

New community update is live at http://counterparty.io/news/counterparty-update-apr-17/

Kalkuuuta

member

Activity: 64

Merit: 10

Quote from: Matt Y on April 12, 2015, 11:02:40 AM

XCP address growth over time: http://www.blockscan.com/charts_xcp_address_growth

This is all addresses where is XCP and where have been but balance 0 XCP? Can anywhere see stats how much there coming new address and where old coins moving? All to old big holders or coming there new users.

(Found 8298 unique addresses with a total balance of 2640824.82423992 XCP)

Over 0.00000001 XCP are in #3914 address.
Over 1.0 XCP are in #2961 <1 XCP 64%
Over 10.0 XCP are in #2237 1-10 XCP 9%
Over 100.0 XCP are in #1528 10-100 XCP 8.5%
Over 500.0 XCP are in #1113 100-500 XCP 5%
Over 1000.0 XCP are in #960 500-1000 XCP 1.8%
Over 1500.0 XCP are in #160 1000-1500 XCP 9.5%
Over 2500.0 XCP are in #101 >2500 XCP 1.2%
Over 5000.0 XCP are in #63

Over 64% of addresses are empty and with under 1 XCP balance.
Over 9% of addresses have still burning amount coins. (not check if that is orginal burns)

50% of coins are in top 101 address.

Long way before there are 10000 active address, now looks like all transaction coming from few address and few peoples own coins...

FoldingCoin

hero member

Activity: 742

Merit: 500

Quote from: cryptoconomist on April 16, 2015, 08:31:41 AM

would be nice to be able to change the BTC fees. I know transactions with zero fees are slow but would it be possible to add this option on counterwallet.io?

This option should be available when the GUI is released. You could also run your own server to do so but I know that's not the best solution. When the desktop GUI comes out that should solve a lot of the issues

pankogulo

full member

Activity: 121

Merit: 100

Counterparty General Manager

Quote from: mariya24 on April 16, 2015, 09:10:19 AM

Hi!

Sorry for easy question, but I'm completely new in cryptocurrecies and I'm trying to understand the principles of it. Could you answer me please, why the total supply of XCP after the closing a burn period in February 2014 was 2,648,755.9218 XCP and now http://blockscan.com/ shows less amount of supply XCP = 2,641,639.08 XCP?

Thank you

In order to register a new alphanumeric asset on the Counterparty platform you have to pay the registration fee of 0.5 XCP (creation of numeric assets is free). Those XCPs are permanently destroyed thus reducing the total amount of the XCP supply. In addition, XCP will be used for smart contract execution, but as explained in the FAQ (http://counterparty.io/docs/faq/#why-does-xcp-have-value) the cost of fuel and registration fees will adjust so that the supply never reaches 0.

Bitinvestor

sr. member

Activity: 470

Merit: 250

Quote from: mariya24 on April 16, 2015, 09:10:19 AM

Hi!

Sorry for easy question, but I'm completely new in cryptocurrecies and I'm trying to understand the principles of it. Could you answer me please, why the total supply of XCP after the closing a burn period in February 2014 was 2,648,755.9218 XCP and now http://blockscan.com/ shows less amount of supply XCP = 2,641,639.08 XCP?

Thank you

It's because fees are burned.

http://counterparty.io/docs/faq/

Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 101. (Read 1276936 times)