Patrick implied a couple times that Medici will work several 2.0 platforms. Robby y Evan went to Utah to make it happen on Counterparty. I guess we are the first 2.0 network that Medici supports. Then both come back to be work on Counterparty fulltime, which is great as there were not many major updates to Counterwallet since the Medici detour.
no wonder the price tanked.
As i see no new important information in that article was revealed.
It did get a shit-ton of retweets, translations into various other languages and re-posted on aggregation sites. Where it may well have been intepreted overly negatively as "overstock kicks counteparty to the curb". At least one trader kicked things off by dumping a large amount busting through thin support, that's more or less where it's been stuck- volume yesterday and today is good though and XCP has been disbursed more widely as a result.
Now we're back to levels last seen months ago.. as if the most significant developments- Medici, Smart contracts, multisig (amongst others) were figments of the imagination.
As far as Medici goes, it was mentioned recently they are progressing better than expected and expecting an early development by May. Perhaps Judd's presentation will be uploaded shortly.
IMO- even completely discounting all the talk about overstock, as a project with commited team of developers, established foundation, and a purpose to serve beyond masquerading as a bitcoin replacement plus a few extra gimmicks it's oversold.
It's lacking in a large community and liqudity is a problem but I think there's a lot of chaff in the crypto-space and this one is wheat that will be around years to come.
but then again ADHD quick-flip cash grab crypto-markets can hardly be described as rational, after yesterdays 35% battering, so far today 5% drop here, yet paycoins up 25%. Who knows what is in store in future
