Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 220. (Read 1276789 times)

Quote from: jrmg on July 31, 2014, 04:55:52 PM

Can someone help me out? I am getting really frustrated with CP and it seems it's impossible to get any support via email or in the chatroom

[.....]

So now instead of getting the 0.01 BTC from my wallet, exactly 0.01 BTC worth of SWARMPRE have been sold and that is the balance of my CP BTC wallet (the transaction I sent however seems to have evaporated into thin air)

Whenever you do ANYTHING on CP, you pay a transaction fee that is non-refundable, you can think about the fee like the stamp that lets your XCP order ride in its bitcoin envelope on the bitcoin blockchain. So the inability to cancel your order is because you lack the money for the stamp with which to submit your order to the blockchain.

This means it is fairlye xpensive to do anything because the dust limit and miner fee puts the minimum size at fairly high. This is why other chains are being developed, for lower cost easier trading.

Is there a a fee table or something?

And are there transactions/processes that cost nothing?

In other words: What costs how much? Is there a summary of this anywhere?

jrmg

full member

Activity: 134

Merit: 100

This is also in buy orders?
Buy orders
Price [BTC/SWARMPRE] Amount [SWARMPRE] Total BTC
0.000191 356.01989528 0.0679998

Edit
My sell order is there also. Why sell orders go to buy wall?

thehun

legendary

Activity: 1212

Merit: 1037

Quote from: thehun on July 31, 2014, 04:41:27 PM

Quote from: xnova on July 31, 2014, 04:36:52 PM

Quote from: IamNotSure on July 31, 2014, 04:32:03 PM

Quote from: thehun on July 31, 2014, 04:41:27 PM

Honestly, I'm quite disappointed with CP, right now this is no competition to a centralized exchange.

When trading with BTC, indeed. But if you tray XCP trading, you'll be impressed

We're aware of the difficulties with BTC-based trades. As stated earlier, BTC-based trading will be greatly improved over the next 2-4 weeks, due to our enhanced BTC auto-escrow system we'll be adding into Counterwallet.

Can you give me any pointers to why my (now two) open orders aren't being filled even though the bids are still there in the orderbook? One of them will expire in two days and I will lose the transaction fee for nothing. Next time I will use XCP for sure but now I don't want to give up on these transaction and lose 2xfees + conversion fees into XCP

Your order is this?

My Open Orders
Type Price [BTC/SWARMPRE] Amount [SWARMPRE] Total BTC Completion Action
SELL 0.000182 1417.58131869 0.2579998 3.73% Cancel

Are you sure its not in buy orders? But anyway there read SELL in open orders but amount is really near this buy order..
0.000182 1472.52747253 0.268

No, that's a sell order that I placed to fill the buy order of the same amount in the orderbook. For a while it seemed like 3.73% of it would be filled but that got eventually cancelled too.

And a while ago I placed another order to fill the bid at 0.000191 but it's in the same situation

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion   Action
SELL   0.000191   356.01989528   0.0679998   0.00%   Cancel
SELL   0.000182   1472.52747253   0.268   0.00%   Cancel

jrmg

full member

Activity: 134

Merit: 100

Quote from: xnova on July 31, 2014, 04:36:52 PM

Quote from: IamNotSure on July 31, 2014, 04:32:03 PM

Quote from: xnova on July 31, 2014, 04:36:52 PM

Honestly, I'm quite disappointed with CP, right now this is no competition to a centralized exchange.

When trading with BTC, indeed. But if you tray XCP trading, you'll be impressed

We're aware of the difficulties with BTC-based trades. As stated earlier, BTC-based trading will be greatly improved over the next 2-4 weeks, due to our enhanced BTC auto-escrow system we'll be adding into Counterwallet.

Can you give me any pointers to why my (now two) open orders aren't being filled even though the bids are still there in the orderbook? One of them will expire in two days and I will lose the transaction fee for nothing. Next time I will use XCP for sure but now I don't want to give up on these transaction and lose 2xfees + conversion fees into XCP

Your order is this?

My Open Orders
Type Price [BTC/SWARMPRE] Amount [SWARMPRE] Total BTC Completion Action
SELL 0.000182 1417.58131869 0.2579998 3.73% Cancel

Are you sure its not in buy orders? But anyway there read SELL in open orders but amount is really near this buy order..
0.000182 1472.52747253 0.268

thehun

legendary

Activity: 1212

Merit: 1037

Quote from: IamNotSure on July 31, 2014, 04:32:03 PM

Quote from: IamNotSure on July 31, 2014, 04:32:03 PM

Honestly, I'm quite disappointed with CP, right now this is no competition to a centralized exchange.

When trading with BTC, indeed. But if you tray XCP trading, you'll be impressed

We're aware of the difficulties with BTC-based trades. As stated earlier, BTC-based trading will be greatly improved over the next 2-4 weeks, due to our enhanced BTC auto-escrow system we'll be adding into Counterwallet.

Can you give me any pointers to why my (now two) open orders aren't being filled even though the bids are still there in the orderbook? One of them will expire in two days and I will lose the transaction fee for nothing. Next time I will use XCP for sure but now I don't want to give up on these transaction and lose 2xfees + conversion fees into XCP

xnova

sr. member

Activity: 390

Merit: 254

Counterparty Developer

Honestly, I'm quite disappointed with CP, right now this is no competition to a centralized exchange.

When trading with BTC, indeed. But if you tray XCP trading, you'll be impressed

We're aware of the difficulties with BTC-based trades. As stated earlier, BTC-based trading will be greatly improved over the next 2-4 weeks, due to our enhanced BTC auto-escrow system we'll be adding into Counterwallet.

IamNotSure

hero member

Activity: 672

Merit: 500

Quote from: mindtomatter on July 31, 2014, 02:16:15 PM

Honestly, I'm quite disappointed with CP, right now this is no competition to a centralized exchange.

When trading with BTC, indeed. But if you tray XCP trading, you'll be impressed

thehun

legendary

Activity: 1212

Merit: 1037

Quote from: mindtomatter on July 31, 2014, 02:16:15 PM

Can someone help me out? I am getting really frustrated with CP and it seems it's impossible to get any support via email or in the chatroom

I placed a market sell order for SWARMPRE and 3 days later it still shows open... even though now there are BUY orders for a higher price. Also, I can't cancel the transaction either as it seems I need to send more BTC to my account again

I really don't get this

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion Action SELL   0.000182   1472.52747253 0.268   0.00%   Cancel

And now there are buy orders for 0.000191

Am I missing anything?

Cheers

Edit: after sending 0.01 BTC to my CP address from a different wallet it shows this:

My Trades History
Type   Block Time   Price BTC   Amount [SWARMPRE]   Total BTC   Status
SELL   2014/07/31 04:27:45 PM +02:00   0.000182   54.94615384   0.0100002   pending

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion   Action
SELL   0.000182   1417.58131869   0.2579998   3.73%   Cancel

So now instead of getting the 0.01 BTC from my wallet, exactly 0.01 BTC worth of SWARMPRE have been sold and that is the balance of my CP BTC wallet (the transaction I sent however seems to have evaporated into thin air)

Whenever you do ANYTHING on CP, you pay a transaction fee that is non-refundable, you can think about the fee like the stamp that lets your XCP order ride in its bitcoin envelope on the bitcoin blockchain. So the inability to cancel your order is because you lack the money for the stamp with which to submit your order to the blockchain.

This means it is fairlye xpensive to do anything because the dust limit and miner fee puts the minimum size at fairly high. This is why other chains are being developed, for lower cost easier trading.

Oh I see... it would still be ok though if my order actually got filled. Right now the BUY order for 1472.52747253 SWARMPRE is still there and mine will expire in 3 days without ever getting matched with it.

Honestly, I'm quite disappointed with CP, right now this is no competition to a centralized exchange.

delulo

sr. member

Activity: 441

Merit: 250

Can someone help me out? I am getting really frustrated with CP and it seems it's impossible to get any support via email or in the chatroom

[.....]

So now instead of getting the 0.01 BTC from my wallet, exactly 0.01 BTC worth of SWARMPRE have been sold and that is the balance of my CP BTC wallet (the transaction I sent however seems to have evaporated into thin air)

Whenever you do ANYTHING on CP, you pay a transaction fee that is non-refundable, you can think about the fee like the stamp that lets your XCP order ride in its bitcoin envelope on the bitcoin blockchain. So the inability to cancel your order is because you lack the money for the stamp with which to submit your order to the blockchain.

This means it is fairlye xpensive to do anything because the dust limit and miner fee puts the minimum size at fairly high. This is why other chains are being developed, for lower cost easier trading.

Is there a a fee table or something?

And are there transactions/processes that cost nothing?

mindtomatter

sr. member

Activity: 434

Merit: 254

Editor-in-Chief of Let's Talk Bitcoin!

Quote from: profitofthegods on July 31, 2014, 01:02:38 PM

Can someone help me out? I am getting really frustrated with CP and it seems it's impossible to get any support via email or in the chatroom

I placed a market sell order for SWARMPRE and 3 days later it still shows open... even though now there are BUY orders for a higher price. Also, I can't cancel the transaction either as it seems I need to send more BTC to my account again

I really don't get this

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion Action SELL   0.000182   1472.52747253 0.268   0.00%   Cancel

And now there are buy orders for 0.000191

Am I missing anything?

Cheers

Edit: after sending 0.01 BTC to my CP address from a different wallet it shows this:

My Trades History
Type   Block Time   Price BTC   Amount [SWARMPRE]   Total BTC   Status
SELL   2014/07/31 04:27:45 PM +02:00   0.000182   54.94615384   0.0100002   pending

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion   Action
SELL   0.000182   1417.58131869   0.2579998   3.73%   Cancel

So now instead of getting the 0.01 BTC from my wallet, exactly 0.01 BTC worth of SWARMPRE have been sold and that is the balance of my CP BTC wallet (the transaction I sent however seems to have evaporated into thin air)

Whenever you do ANYTHING on CP, you pay a transaction fee that is non-refundable, you can think about the fee like the stamp that lets your XCP order ride in its bitcoin envelope on the bitcoin blockchain. So the inability to cancel your order is because you lack the money for the stamp with which to submit your order to the blockchain.

This means it is fairlye xpensive to do anything because the dust limit and miner fee puts the minimum size at fairly high. This is why other chains are being developed, for lower cost easier trading.

delulo

sr. member

Activity: 441

Merit: 250

Quote from: delulo on July 31, 2014, 08:49:40 AM

Quote from: profitofthegods on July 31, 2014, 06:17:40 AM

Quote from: delulo on July 31, 2014, 08:49:40 AM

Overstock could be the first out-of-crypto company issuing an asset on Counterparty which is great but I still don't fully understand what exactly Overstock is planning to do:
Have their stock traded on Counterparty instead of at the NYSE? Or in parallel? Will a separate type of Overstock stock be issued?

It sounds like they want a purely crypto-asset listing to me.

You mean a separate type of stock? They would have to associate some promises / conditions to that asset. Which would be?

Usually it means that its not a legal share, so doesn't confer legal ownership of part of the company - its just a promise by them to pay out a certain percentage of profits. I really don't have any idea what Overstock will do though, I was just speculating.

That would mean they could raise more capital this way but at the same time this would dilute their current shares because the profits go 100% to the current shareholders at the moment (if not reinvested...)... Let's see...

profitofthegods

sr. member

Activity: 378

Merit: 250

Quote from: profitofthegods on July 31, 2014, 06:17:40 AM

Quote from: profitofthegods on July 31, 2014, 06:17:40 AM

Overstock could be the first out-of-crypto company issuing an asset on Counterparty which is great but I still don't fully understand what exactly Overstock is planning to do:
Have their stock traded on Counterparty instead of at the NYSE? Or in parallel? Will a separate type of Overstock stock be issued?

It sounds like they want a purely crypto-asset listing to me.

You mean a separate type of stock? They would have to associate some promises / conditions to that asset. Which would be?

Usually it means that its not a legal share, so doesn't confer legal ownership of part of the company - its just a promise by them to pay out a certain percentage of profits. I really don't have any idea what Overstock will do though, I was just speculating.

Finley

full member

Activity: 136

Merit: 100

the big news=oversock....
good job XCP!!

thehun

legendary

Activity: 1212

Merit: 1037

Can someone help me out? I am getting really frustrated with CP and it seems it's impossible to get any support via email or in the chatroom

I placed a market sell order for SWARMPRE and 3 days later it still shows open... even though now there are BUY orders for a higher price. Also, I can't cancel the transaction either as it seems I need to send more BTC to my account again

I really don't get this

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion Action SELL   0.000182   1472.52747253 0.268   0.00%   Cancel

And now there are buy orders for 0.000191

Am I missing anything?

Cheers

Edit: after sending 0.01 BTC to my CP address from a different wallet it shows this:

My Trades History
Type   Block Time   Price BTC   Amount [SWARMPRE]   Total BTC   Status
SELL   2014/07/31 04:27:45 PM +02:00   0.000182   54.94615384   0.0100002   pending

My Open Orders
Type   Price [BTC/SWARMPRE]   Amount [SWARMPRE]   Total BTC   Completion   Action
SELL   0.000182   1417.58131869   0.2579998   3.73%   Cancel

So now instead of getting the 0.01 BTC from my wallet, exactly 0.01 BTC worth of SWARMPRE have been sold and that is the balance of my CP BTC wallet (the transaction I sent however seems to have evaporated into thin air)

delulo

sr. member

Activity: 441

Merit: 250

Quote from: justbc on July 30, 2014, 11:02:44 AM

Overstock could be the first out-of-crypto company issuing an asset on Counterparty which is great but I still don't fully understand what exactly Overstock is planning to do:
Have their stock traded on Counterparty instead of at the NYSE? Or in parallel? Will a separate type of Overstock stock be issued?

It sounds like they want a purely crypto-asset listing to me.

You mean a separate type of stock? They would have to associate some promises / conditions to that asset. Which would be?

CounterpartyRippler

newbie

Activity: 11

Merit: 0

Wow seriously? Is it even safe to attempt to use this? I had some orders partially matched and haven't received the BTC. Are people getting paid my XCP with no guarantee that I receive the BTC?

The problem is compounded by the fact that I can't cancel orders - my XCP don't get refunded.

Nothing is compounded and it's not a "fact". Your XCP haven't been paid to anyone, so of course they can't be refunded.
Pending a payment, tokens are held in escrow and only if payment from both sides can be executed the protocoll executes a transaction.
Otherwise as PhantonPhreak said if the other side doesn't send the money your order expires.

If you looked at your order status (inside of CW) or at Blockscan.com you could have seen this yourself.

profitofthegods

sr. member

Activity: 378

Merit: 250