Fortune mentions Overstock's decentralized stock exchange plans...
Byrne’s sees bitcoin as opening the doors far beyond retail transactions. Last month, he disclosed plans to use bitcoin’s technology to create a decentralized stock exchange.
http://fortune.com/2014/11/28/bitcoin-buzz-bypasses-shoppers/?xid=yahoo_fortune
Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 149. (Read 1276789 times)
November 28, 2014, 11:31:32 AM
November 28, 2014, 10:51:24 AM
Hi all, here's the latest Counterparty Development Update: http://counterparty.io/news/counterparty-development-update-4/
November 28, 2014, 10:47:36 AM
If you look at the volume, market depth, and the amounts that were purchased over the last few months XCP is not a very good instrument for a P&D. It's just too thinly traded to get a lot of btc out. The point about not being on many exchanges is a good one. I think we're still very early days so the claims to me amount to a tempest in a teapot. I am definitely hodling and have since 0.01 and below.
November 28, 2014, 10:25:53 AM
There is insider trading even with corporations. That's the way the world is: information are valuable, you cannot do much about it.
November 28, 2014, 10:00:23 AM
this all originally started with new people coming on to this thread complaining that they believe that some people get privileged information and positions allowing them to make money of new entrants, and those people believe that it is unfair.
apparently the old timers in this community, except for me, respond with: too bad so sad, sucks to be you.
very nice way to grow the community... not.
This is an open source project. XCP, like most cryptocurrency tokens, is a new and misunderstood commodity. There is no obligation, regulation or precedent for announcing updates to the Counterparty Protocol software or new projects being built on top of Counterparty. On top of all of that, XCP has little liquidity and is not traded on a single high quality exchange (e.g. Kraken, Bitstamp, etc.).
You are right, it is unfortunate that some people may have lost some fiat currency over a very short time scale because they wanted to flip XCP.
Here are some guidelines for so-called XCP "investors":
Seek out information from every possible channel at every possible opportunity
Buy XCP to use it (spend it, issue assets, run smart contracts etc.)
Never spend more money than you can afford to completely lose
Contribute to the Counterparty Protocol yourself in whatever way you can
Be patient. (Ch)Rome wasn't built in a day.
November 28, 2014, 09:49:14 AM
My to-do, inspired by this thread:
- Fly above the haters
- Score cheap coins.
- Wait for XCP devs to wizard contracts support into completion and send XCP to a gazillion digits
i'm not hating, i'm just siding with the little guy that gets burned because of the PnDs
btw do you think the price will test support at 0.01?
November 28, 2014, 09:38:08 AM
I think now would be a good time to take this somewhere else and not derail the thread further. And if you respect your fellow readers, please edit away the quotations in your posts, or delete them entirely, as frankly it's an eyesore
It's sometimes hard to strike the right balance between promising something that you're not sure can be delivered, and waiting until it's all done before announcing it with huge fanfare. The signs were there, if not presented on a plate. I personally think the PR was okay, maybe I'm wrong; clearly we disagree, and I'm fine with that.
I had some conversations with a couple of the Counterparty core developers at a conference earlier this year, and they do come across as very competent, professional, and genuinely interested in delivering the best platform they can (no matter how long it takes). Very different from the scam artists that plague these forums, and crypt in general. I'm happy to remain invested in XCP.
this all originally started with new people coming on to this thread complaining that they believe that some people get privileged information and positions allowing them to make money of new entrants, and those people believe that it is unfair.
apparently the old timers in this community, except for me, respond with: too bad so sad, sucks to be you.
very nice way to grow the community... not.
November 28, 2014, 09:26:54 AM
My to-do, inspired by this thread:
- Fly above the haters
- Score cheap coins.
- Wait for XCP devs to wizard contracts support into completion and send XCP to a gazillion digits
November 28, 2014, 09:22:36 AM
I think now would be a good time to take this somewhere else and not derail the thread further. And if you respect your fellow readers, please edit away the quotations in your posts, or delete them entirely, as frankly it's an eyesore
It's sometimes hard to strike the right balance between promising something that you're not sure can be delivered, and waiting until it's all done before announcing it with huge fanfare. The signs were there, if not presented on a plate. I personally think the PR was okay, maybe I'm wrong; clearly we disagree, and I'm fine with that.
I had some conversations with a couple of the Counterparty core developers at a conference earlier this year, and they do come across as very competent, professional, and genuinely interested in delivering the best platform they can (no matter how long it takes). Very different from the scam artists that plague these forums, and crypt in general. I'm happy to remain invested in XCP.
November 28, 2014, 09:14:34 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.
The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.
love the use of quotes for max annoyance effect...
anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"
get it?
no probably not...
as far as my trading strategy goes i have been very honest about it. i hold a decent amount of XCP (4 digits) since January. And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort. for example the other month i donated 100 XCP to get a Chinese wallet.
i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.
what do you do? other than assume everyone else is a sociopath?
Wow, didn't mean to offend you so much, sorry.
You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.
again thinking like a sociopath. nothing needs to be "sly"
simple updates via twitter, bitcointalk, the forum, other communications channels work well.
Stop calling people names. Theres no need for it. You've called me a sociopath twice now, and that is the end of any engagement I will have will you. Ignored.
i'm sorry for implying that you may be a sociopath, or have the thought processes of one. just a feeling i get...
these "normal PR" that SR does are done to reach "a lot of people" is what causes the Pump and Dump and what causes the price volatility.
people that get suckered in by these types of press releases.
remember nothing great is build quickly, everything good takes time, trust, good will, etc. doing a series of pump and dumps with these press releases is not building a good foundation when people feel they are getting scammed because some people the "insiders" (who I am not one of) have access to privileged information on what is in the press releases, which news outlets are being spoken to, when the news will get releases, etc.
there indeed are "insiders" and the "insiders" are the people who know about and coordinate the press releases, articles and interviews. and if any of them leak anything to a trader, which is what appears what happened, then it is very easy to pump and dump such a small market.
which is why you see XCP going down 50%+....
November 28, 2014, 09:08:00 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.
The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.
love the use of quotes for max annoyance effect...
anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"
get it?
no probably not...
as far as my trading strategy goes i have been very honest about it. i hold a decent amount of XCP (4 digits) since January. And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort. for example the other month i donated 100 XCP to get a Chinese wallet.
i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.
what do you do? other than assume everyone else is a sociopath?
Wow, didn't mean to offend you so much, sorry.
You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.
again thinking like a sociopath. nothing needs to be "sly"
simple updates via twitter, bitcointalk, the forum, other communications channels work well.
Stop calling people names. Theres no need for it. You've called me a sociopath twice now, and that is the end of any engagement I will have will you. Ignored.
November 28, 2014, 09:03:47 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.
The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.
love the use of quotes for max annoyance effect...
anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"
get it?
no probably not...
as far as my trading strategy goes i have been very honest about it. i hold a decent amount of XCP (4 digits) since January. And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort. for example the other month i donated 100 XCP to get a Chinese wallet.
i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.
what do you do? other than assume everyone else is a sociopath?
Wow, didn't mean to offend you so much, sorry.
You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.
again thinking like a sociopath. nothing needs to be "sly"
simple updates via twitter, bitcointalk, the forum, other communications channels work well.
November 28, 2014, 09:00:51 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.
The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.
love the use of quotes for max annoyance effect...
anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"
get it?
no probably not...
as far as my trading strategy goes i have been very honest about it. i hold a decent amount of XCP (4 digits) since January. And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort. for example the other month i donated 100 XCP to get a Chinese wallet.
i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.
what do you do? other than assume everyone else is a sociopath?
Wow, didn't mean to offend you so much, sorry.
You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.
November 28, 2014, 08:56:15 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.
The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.
love the use of quotes for max annoyance effect...
anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"
get it?
no probably not...
as far as my trading strategy goes i have been very honest about it. i hold a decent amount of XCP (4 digits) since January. And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort. for example the other month i donated 100 XCP to get a Chinese wallet.
i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.
what do you do? other than assume everyone else is a sociopath?
November 28, 2014, 08:44:44 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.
The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.
November 28, 2014, 08:41:34 AM
If you want to stay on top of the ball, believe the devs when they say "major announcement" and subscribe to e-mail updates on github. That's how many people found out. It's not some secret skull and bones club... If you're doing trading/short-term investment (<1 year), then it's advantageous to keep informed.
There's also a newsletter on Counterparty.io for example. With regular dev and community updates... as well as news.
There's also a newsletter on Counterparty.io for example. With regular dev and community updates... as well as news.
November 28, 2014, 08:40:00 AM
http://counterparty.io/news/counterparty-community-update-oct-2014/
"Upcoming Big News
We have another major announcement that we will be making sometime over the next few weeks. Stay tuned!"
"Upcoming Big News
We have another major announcement that we will be making sometime over the next few weeks. Stay tuned!"
November 28, 2014, 08:33:46 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
yes i am aware of this, however two issues:
1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"
one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.
I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land. There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.
That eventually HURTS the community because honest people get taken advantage of at the hands of these people.
Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.
November 28, 2014, 08:22:11 AM
was there evidence to suggest that there would be a port of ethereum?
You mean, entries like this in the public git repository?
Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
Author: Adam Krellenstein
Date: Wed Oct 1 14:57:54 2014 -0400
partial migration of PyEthereum contract tests
November 28, 2014, 08:09:13 AM
Quote
No response?
XCP investors were nailed with inside information + pump + dump.
Am I completely delusional with this? why no one speak about it?
I didn't lose anything (sold at 0.005 to the insider), but I guess many honest people have lost significantly amounts of money in here.
XCP investors were nailed with inside information + pump + dump.
Am I completely delusional with this? why no one speak about it?
I didn't lose anything (sold at 0.005 to the insider), but I guess many honest people have lost significantly amounts of money in here.
There was plenty of evidence to suggest that Counterparty got the Overstock gig well before the "official" announcement. Check this out - http://www.wired.com/2014/07/overstock-and-cryptocurrency/. July 30th? I read it that day. Did you? Did I start buying more XCP immediately and over the course of the following weeks? Of course I did.
This is an open source project. You can join in the development too if you like. Have a great idea for a project? Well if you do, maybe you should by some more XCP while developing your project so that you have some skin in the game.
1 XCP = 1 XCP. The only people who have lost fiat money are those who bought XCP with a view to "flip" them. Everyone else who bought them for their utility hasn't lost anything.
was there evidence to suggest that there would be a port of ethereum?
XCP is not a corporation, some people as individuals or unrelated corporations certainly knew about that before others.
those people bought early and were able to flip at a big profit.
"Everyone else who bought them for their utility hasn't lost anything."
biggest line of bullshit i have read this morning
no... they just got the privilege to over pay by 50%+ to some asshole
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