Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 263. (Read 1276789 times)

Did anyone complete a list of upcoming crowed sales on the counterparty protocol? Would be interesting to compare with Mastercoin.

Counterparty added to Bidcoind.com as a payment method to buy / sell goods and services with Counterparty.

Generate buzz for Counterparty by listing quality items for sale totaly free of charge and merchant mine MTC on the side,

www.bidcoind.com

http://mobile.marinecoin.org/download/stuff/bidcoind/bidcoind.gifhttp://mobile.marinecoin.org/download/stuff/bidcoind/Buy-and-Sells.jpghttp://mobile.marinecoin.org/download/stuff/bidcoind/globalsign.jpghttp://mobile.marinecoin.org/download/stuff/bidcoind/auctions.jpghttp://mobile.marinecoin.org/download/stuff/bidcoind/mtcalls.jpg


Everyone is talking about merchant integration for their coin, saying that theirs will be the one,

well if you don't start to demonstrate merchant application for it, then who else will?
CPI - The Consumer Price Index for all Crypto Currencies, what will say more about a crypto currency when there is more quality stuff for sale in exchange.

The API for true trade volume based on actual goods and services. The real economic indicator for a crypto currency.
EXAMPLE:
"user wsxrfv made 1375 MTC at the current exchange rate of 0.17 USD per MTC just for listing an item for sale in exchange for Counterparty."
Casper just listed an item for sale on Bidcoind.com, he is selling his old laptop in exchange for Counterparty,
like that is not good enough he is mining 1 MTC block after block at the same rate as the Marinecoin network speed just for listing it.
if someone else does not list an item soon after him, Casper is going to be the richest man in the World.
Who's to stop Casper selling more items in exchange for Counterparty
Merchant Mining, No hardware required, mineable for the next 1000 years just like the Marinecoin Network Mining.
PAYMENTS & MERCHANTS
pay Counterparty direct to the seller no middle wallet. start small, gain more feedback comments and go bigger soon your reputation will speak for itself more coins for more positive feedbacks from buyers.

Win Win Win situation

Sell quality stuff for your coin and generate publicity for your favorite coin +1
Get more of the coins you like by selling your new or used items + 1
Get Marinecoins on the side by merchant mining them without extra effort +1

your accounts are credited 0.5 MTC as gift good for listing upto 5 items with basic settings.

make sure you enter a valid Marinecoin client wallet address during registration but not a mobile or web wallet,

no listings for illegal items,
no spam listings items with picture and detailed description ONLY
valid user registration, do not use fake names fake address your account will be suspended
this is as serious as Ebay
Lisitings of 14 days minimum or longer duration required to qualify for mining block rewards
No listings under crypto currencies category, exchanging coins is not a merchant activity.
You will get results within 180 blocks on the network about 6 hours on target network speed, delayed 180 blocks payouts gives time to delist unwanted or illegal listings and listers who spam the site just for getting MTC.

There is feedback area after each successful sale, seller and buyer can give each other feedbacks the more feedback you have the more coins you make by selling your stuff more easyly.

if more than 1 person lists an item during the same block interval they share the block reward of 1 MTC, how ever if more than 10 people list an item in order for you not to lose your listing fee of 0.1 MTC, the reward auto doubles to 0.2 for each seller,

list an item mine block after block until someone else lists an item,

you can sell your items for Counterparty, you will still get merchant mined Marinecoins,

Mined coins auto cashout to your registered wallet when balance exceeds 5 MTC, but you can also cash out manually if you wish when your balance is below that.

goto www.marinecoin.org to download your MTC wallet to receive your Merchant Mining Block Rewards

then goto www.bidcoind.com register and list an item for sale in Counterparty and wait for the MTC rewards to flood in to your wallet,

Enjoy
Bidcoind.com
direct contact the dev for any questions:
 [email protected]

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.

Thanks amy_bit for the XBet.io betting introduction.

Do you want to trade your alt-coins on Counterparty?

The future where you don't have to beg/vote/pay to be added to an exchange is fast approaching. It's time for your community to take control.

Apply within. Details to follow soon.

https://forums.counterparty.co/index.php?topic=382

Why not to be a constantly  pumping coin?

A great addition to the betting functionality would be for users to set up arbitrary bets, such as predictions.

Xbet is a great idea but I think your logo is a bit too dark.  Maybe make it green and increase the font size. Or make it entirely white.  Also try to clear up the audio on the video a bit, and then it would be good to  upload it to Youtube, Vimeo, Liveleak, and all the other pages as well.

As I mentioned, XCP is a long term coin/investment, not just a dump & pump coin. Buy and hold some right now, get the profit one or two year later.

Amazing and not surprising at the same time. Tsinghua is often regarded as probably the #1 University in all of China, and is a center for intellectual development. Leon Li, the CEO of Huobi, graduated from Tsinghua a well. If anyone can truly recognize the true potential of Counterparty, it's those guys.

looks like there is still no interest in fixing the massive BTCpay problem the simple way, by accepting that the system is designed for options.

Allow options to sell XCP to be offered for BTC (could be done for other assets too, but only allowing options for BTC/XCP pairing would drive demand for XCP).
Requires:
Purchase fee to xcp offeror (minimal BTC fee to avoid major loss if there's multiple acceptances or set fee in XCP to prevent multiple matches). Price/rate for executing the option. Duration for the option.

Offering the option:
XCP holder places order specifying:
1) XCP and rate offered in the option
2) Purchase fee demanded for the option (in BTC/XCP or whatever asset they choose), divides by the portion accepted.
3) Minimum division permitted (smallest XCP amount allowed to be optioned)
4) Block time given for the order and block time given for the option (if different).
-OR-
BTC Holder places order to buy an option specifying:
1) XCP and rate Requested in the option
2) Purchase fee escrowed for the option (in XCP or other asset they choose), divides for the portion accepted.
3) Minimum division permitted (smallest XCP amount allowed to be optioned)
4) Block time given for the order and block time given for the option (if different).

Accepting an option:
A) orders overlap, match is made XCP is escrowed for the option
-OR-
B) XCP holder accepts an option:
specifically identifies option when sending command, it is accepted into database with blocks, XCP is escrowed, purchase fee claimed by XCP holder.
-OR-
C) BTC holder claims an option:
specifically identifies option with accept command, (BTC/XCP/etc is sent to pay for option in the accept command, as specified, XCP holder receives fee immediately), XCP is escrowed.

Claiming an option:
option holder pays for option, receives XCP

Cancels must be done prior to acceptance only, cancel doesn't register until all other transactions in a block.

Examples:
1) XCP holder asks 0.01BTC for their option of 1 BTC for 250 XCP with 100 blocks as the time and 250 xcp as minimum division.
 BTC holder must specifically match the order in full (sends the BTC fee to the xcp holder and locks the option for the remaining time).
2) XCP holder asks 1XCP for their option of 1 BTC for 200 XCP with 100 blocks as the time of offer and 100 blocks for the option with 5XCP as minimum division.
 BTC holder can either match the order directly with a command (sends at least 1XCP times 5/200 as minimum fee [0.025 xcp] for a 5 xcp option or 1 xcp times 200/200 for the full option on 200 XCP)
-OR-
 They place a compatible order, for example:
BTC holder offers 5 xcp for getting an option of 6 BTC for 1000xcp with any blocks for offer, but 95 blocks for option time with 100 XCP minimum option amount.


But this is only one large problem stopping XCP from blossoming, the others previously mentioned are still holding this 2nd gen altcoin back.

Awesome, great work on the PR getting the price back up!
4 times the burn is not bad at all, hoped for over 5 times at this point, but understandable given the previous gamestoppers we mentioned.

I'm going to check this thread to see if any of those huge problems we mentioned that were keeping the price down were fixed, fingers crossed.
Especially that total reissue failure, that was a HUGE gamestopper. I'll just check blockscan to see if that was put back in. Anyone see any assets succeed in a reissue?

An great article from TsingHua Financial Review.   "Crowdfund Intellectual Property on the Bitcoin Blockchain"   Used Counterparty as the example.  
written by tsinghua university PHD student Feng Han,ShangHai Bitcoin Camp entrepreneur co-founder Ying GU ,Tsinghua
financial review senior editor Hongyu Jia and  Internet financial laboratory director  Zhenlin zhai.    
link:   http://www.thfr.com.cn/post.php?id=2292#0-tsina-1-69488-397232819ff9a47a7b7e80a40613cfe1

XCP cannot be mined. All XCP was created during the burn period, which is now over.

how to mine it

counterwallet 1.2.1 just pushed

* added full contacts for difference support
* added enhanced statistics page...starting to compile wallet-level statistics now (will be showing top referers to the wallet here shortly) ...right now it doesn't show day by day wallet data because we just started gathering that
* numerous bug fixes

Right, and I believe the point is that they've extended Bitcoin with XCP, but since it is done on the layer above Bitcoin, they can't actually control the lower layer bitcoin token in this way.  If someone develops some open source code that enables them to escrow Bitcoin effectively for their needs, they'll add it.   Until then, XCP can be escrowed for the need and works very well on the dex

There are trustless escrows (c.f. the trustless flipped die protocol). Obviously even more is possible if you are talking about extending bitcoin.

o_O