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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 258. (Read 1276789 times)
June 13, 2014, 03:03:36 AM
June 12, 2014, 07:13:35 PM
Whats the easiest way to keep Counterwallet.co logged in 24/7 ?
June 12, 2014, 07:09:33 PM
Kind of disappointing that it must be a URL and not live entirely within the XCP protocol. I understand the need/desire for metadata, but there are some bets that are fairly simple and IMO should be able to fit within the constraints of a simple Text Label and Value pair, given that certain metadata (date/timestamp etc.) is embedded by nature of the protocol anyway.
You right. It's on our todo list to manage feed address without json url. We have not yet defined the text broadcast format.
Also, the need to specify an end date or recurring interval is kind of iffy for Bitcoin Difficulty, since each interval could be anywhere from 10 to 16 days, although generally it has been in the 11-13 day range lately.
You must define the deadline before the bet, but you can broadcast the result after the deadline when the difficulty changes.
June 12, 2014, 05:04:47 PM
Ok, I have started a Bitcoin Difficulty feed from address
1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS
I will attempt to update the feed within 24 hours of every bitcoin difficulty change. I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now. So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days
I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address. Is it possible to make a bet using your own feed? I was going to try to seed it with some small bets
1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS
I will attempt to update the feed within 24 hours of every bitcoin difficulty change. I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now. So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days
I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address. Is it possible to make a bet using your own feed? I was going to try to seed it with some small bets
Can anybody walk me through the process of enabling betting on this feed? I would like for people to be able to bet continuously on the Bitcoin difficulty, and choose their own expiration dates. E.g. somebody wants to bet that the difficulty will be over X amount by September 1. If September 1 passes and the difficulty has never reached X or higher, he will lose the bet. If difficulty reaches X or higher anytime before September 1, he will win the bet. Of course, he would have to make the bet and then somebody else would have to take the other side of it.
I am using counterwallet, and unfortunately a full counterpartyd installation is not possible for me right now.
Nobody?
To enable betting on your feed in Counterwallet, you must broadcast an url that describes the feed in json format.
Documentation and examples available here: https://wiki.counterparty.co/w/Enhanced_Feed_Info_in_Counterwallet
For Bitcoin difficulty you want to use CFD feed, so users can bet Bear or Bull on it.
Ok, thanks.
Kind of disappointing that it must be a URL and not live entirely within the XCP protocol. I understand the need/desire for metadata, but there are some bets that are fairly simple and IMO should be able to fit within the constraints of a simple Text Label and Value pair, given that certain metadata (date/timestamp etc.) is embedded by nature of the protocol anyway. Also, the need to specify an end date or recurring interval is kind of iffy for Bitcoin Difficulty, since each interval could be anywhere from 10 to 16 days, although generally it has been in the 11-13 day range lately.
June 12, 2014, 03:50:27 PM
Ok, I have started a Bitcoin Difficulty feed from address
1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS
I will attempt to update the feed within 24 hours of every bitcoin difficulty change. I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now. So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days
I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address. Is it possible to make a bet using your own feed? I was going to try to seed it with some small bets
1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS
I will attempt to update the feed within 24 hours of every bitcoin difficulty change. I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now. So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days
I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address. Is it possible to make a bet using your own feed? I was going to try to seed it with some small bets
Can anybody walk me through the process of enabling betting on this feed? I would like for people to be able to bet continuously on the Bitcoin difficulty, and choose their own expiration dates. E.g. somebody wants to bet that the difficulty will be over X amount by September 1. If September 1 passes and the difficulty has never reached X or higher, he will lose the bet. If difficulty reaches X or higher anytime before September 1, he will win the bet. Of course, he would have to make the bet and then somebody else would have to take the other side of it.
I am using counterwallet, and unfortunately a full counterpartyd installation is not possible for me right now.
Nobody?
To enable betting on your feed in Counterwallet, you must broadcast an url that describes the feed in json format.
Documentation and examples available here: https://wiki.counterparty.co/w/Enhanced_Feed_Info_in_Counterwallet
For Bitcoin difficulty you want to use CFD feed, so users can bet Bear or Bull on it.
June 12, 2014, 03:15:23 PM
Ok, I have started a Bitcoin Difficulty feed from address
1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS
I will attempt to update the feed within 24 hours of every bitcoin difficulty change. I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now. So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days
I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address. Is it possible to make a bet using your own feed? I was going to try to seed it with some small bets
1ADigCqe5tWXBXcM1V82oWaXRNW2wUpXUS
I will attempt to update the feed within 24 hours of every bitcoin difficulty change. I will definitely try to automate this feed in the future when I get a full counterpartyd installation set up, but I'm doing it manually from Counterwallet now. So it would be best not to make your bet dates cut too close to the actual change dates -- give it a couple of days
I tried to make a bet from within Counterwallet, but it doesn't pull anything up when I input the feed address. Is it possible to make a bet using your own feed? I was going to try to seed it with some small bets
Can anybody walk me through the process of enabling betting on this feed? I would like for people to be able to bet continuously on the Bitcoin difficulty, and choose their own expiration dates. E.g. somebody wants to bet that the difficulty will be over X amount by September 1. If September 1 passes and the difficulty has never reached X or higher, he will lose the bet. If difficulty reaches X or higher anytime before September 1, he will win the bet. Of course, he would have to make the bet and then somebody else would have to take the other side of it.
I am using counterwallet, and unfortunately a full counterpartyd installation is not possible for me right now.
Nobody?
June 12, 2014, 03:04:58 PM
Come be a part of bitcoin history:
Bet on the opening match of the Brazil 2014 world cup between Brazil and Croatia.
The match will start in a few hours and you have the time to get to know the new decentralized way to make user based bets on the bitcoin blockchain.
The match will demonstrate our automatic system and failsafes - the result of the match will be displayed on XBet.IO with streaming live updates.
Minutes after the match is over, users will have the chance to report if XBet.IO has made a mistake and displayed the wrong result. If a line is reported. it must go through manual authorization, and until that happens, a result will not be broadcasted and the funds will be held in escrow by the bitcoin network.
If you haven't tried it out before, here is our 1 minute demonstration:
https://xbet.io/how_to_bet
Bet on the opening match of the Brazil 2014 world cup between Brazil and Croatia.
The match will start in a few hours and you have the time to get to know the new decentralized way to make user based bets on the bitcoin blockchain.
The match will demonstrate our automatic system and failsafes - the result of the match will be displayed on XBet.IO with streaming live updates.
Minutes after the match is over, users will have the chance to report if XBet.IO has made a mistake and displayed the wrong result. If a line is reported. it must go through manual authorization, and until that happens, a result will not be broadcasted and the funds will be held in escrow by the bitcoin network.
If you haven't tried it out before, here is our 1 minute demonstration:
https://xbet.io/how_to_bet
The introductions :
English version by:knircky :
" Peer to Peer SportsBetting in 5 steps using Bitcoin" http://knircky.blogspot.ca/2014/06/peer-to-peer-sportsbetting-in-5-steps.html
Chinese version by Amy_Bit:
The chinese volunteer has post article on 8btc: How to bet using counterparty:
counterparty中国志愿者论坛出品：如何使用xcp参与bet
http://8btc.com/forum.php?mod=viewthread&tid=5750&page=1&extra=#pid16181
Enjoy it!
June 12, 2014, 01:36:41 PM
Come be a part of bitcoin history:
Bet on the opening match of the Brazil 2014 world cup between Brazil and Croatia.
The match will start in a few hours and you have the time to get to know the new decentralized way to make user based bets on the bitcoin blockchain.
The match will demonstrate our automatic system and failsafes - the result of the match will be displayed on XBet.IO with streaming live updates.
Minutes after the match is over, users will have the chance to report if XBet.IO has made a mistake and displayed the wrong result. If a line is reported. it must go through manual authorization, and until that happens, a result will not be broadcasted and the funds will be held in escrow by the bitcoin network.
If you haven't tried it out before, here is our 1 minute demonstration:
https://xbet.io/how_to_bet
Bet on the opening match of the Brazil 2014 world cup between Brazil and Croatia.
The match will start in a few hours and you have the time to get to know the new decentralized way to make user based bets on the bitcoin blockchain.
The match will demonstrate our automatic system and failsafes - the result of the match will be displayed on XBet.IO with streaming live updates.
Minutes after the match is over, users will have the chance to report if XBet.IO has made a mistake and displayed the wrong result. If a line is reported. it must go through manual authorization, and until that happens, a result will not be broadcasted and the funds will be held in escrow by the bitcoin network.
If you haven't tried it out before, here is our 1 minute demonstration:
https://xbet.io/how_to_bet
June 12, 2014, 01:13:46 PM
while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?
You tried it at old.counterparty.co? Not sure if still active, but might work.Alright, thanks, sent you a mail
is this a joke?
edit: ok i guess you meant old.counterwallet.co. thanks but no that doesn't work, says no servers connect.
Please send me you passphrase by email ([email protected]) I will send you private keys to sweep in the new wallet.
Alright thanks, sent you a mail
June 12, 2014, 12:54:27 PM
while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?
You tried it at old.counterparty.co? Not sure if still active, but might work.is this a joke?
edit: ok i guess you meant old.counterwallet.co. thanks but no that doesn't work, says no servers connect.
Please send me you passphrase by email ([email protected]) I will send you private keys to sweep in the new wallet.
June 12, 2014, 12:38:50 PM
while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?
You tried it at old.counterparty.co? Not sure if still active, but might work.is this a joke?
edit: ok i guess you meant old.counterwallet.co. thanks but no that doesn't work, says no servers connect.
June 12, 2014, 12:37:41 PM
while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?
You tried it at old.counterparty.co? Not sure if still active, but might work. June 12, 2014, 12:22:44 PM
while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?
June 12, 2014, 11:55:47 AM
You have asked valid questions and we are providing the answers on our dedicated thread.
https://bitcointalk.org/index.php?topic=645313.20
https://bitcointalk.org/index.php?topic=645313.20
June 12, 2014, 11:18:39 AM
i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?
When two bets are matched, the odds are always determined by the bet in the pair that was first placed.
ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?
Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.
If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.
The logic for matching bets is exactly the same as the logic for matching orders.
ok thanks, but i'm only putting in one number right? if i put in 10 what exactly does that mean? and what does the 10 mean that's already there (say for example for lay away)
Putting in 10 means you are making a bet of *at most* 10 XCP, and with a counterwager of 10, you have specified odds of 1:1. If the odds of the bet are less than 1:1, then you will bet less than 10 XCP.
ahh ok thanks, that solves it for me i guess
edit: but i can't see what others are prepared to offer me? or is that the thing i said above, so if back is 10, lay is 10, that means i could put in 10 and 10 and i immediately get matched?
June 12, 2014, 11:17:57 AM
i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?
When two bets are matched, the odds are always determined by the bet in the pair that was first placed.
ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?
Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.
If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.
The logic for matching bets is exactly the same as the logic for matching orders.
ok thanks, but i'm only putting in one number right? if i put in 10 what exactly does that mean? and what does the 10 mean that's already there (say for example for lay away)
Putting in 10 means you are making a bet of *at most* 10 XCP, and with a counterwager of 10, you have specified odds of 1:1. If the odds of the bet are less than 1:1, then you will bet less than 10 XCP.
Counterparty's algorithm for matching bets and orders was designed specifically to minimize the spread between bids and asks.
June 12, 2014, 11:10:44 AM
i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?
When two bets are matched, the odds are always determined by the bet in the pair that was first placed.
ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?
Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.
If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.
The logic for matching bets is exactly the same as the logic for matching orders.
ok thanks, but i'm only putting in one number right? if i put in 10 what exactly does that mean? and what does the 10 mean that's already there (say for example for lay away)
June 12, 2014, 11:07:04 AM
i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?
When two bets are matched, the odds are always determined by the bet in the pair that was first placed.
ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?
Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.
If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.
The logic for matching bets is exactly the same as the logic for matching orders.
June 12, 2014, 11:00:54 AM
i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?
When two bets are matched, the odds are always determined by the bet in the pair that was first placed.
ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?
differently put: how can i see at which odds the market is prepared to make a bet at any given time?
June 12, 2014, 10:34:55 AM
i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?
When two bets are matched, the odds are always determined by the bet in the pair that was first placed.
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