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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 307. (Read 1276817 times)

sr. member
Activity: 390
Merit: 254
Counterparty Developer
I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted and and Bitcoin-Qt format". When I imported the private key to counterwallet, it shows "Not a valid private key". Anyone know how to solve this problem? Many thanks.

Importing uncompressed keys is high on our todo list.
is this possible now?
thx

Yes, it should be.
sr. member
Activity: 390
Merit: 254
Counterparty Developer
Guys, please note that we just updated Counterwallet with an updated version of the Bitcoin deterministic wallet implementation for Javascript (i.e. the bitcoinjs-lib BIP32 HDWallet). This updated version corrects a spec compliance issue with the previous version (which did not impact or lessen security or funds safety in any way, but led to wallet addresses being created that were not 100% compliant with the deterministic wallet spec).

If you had an existing account, you will need to create a new account on this system, and then log into https://old.counterwallet.co to transfer over your existing balance to your new account created on this system. The old.counterwallet.co system provides you the ability to view your private keys, so you can use the "sweep" feature to easily move the balances over. We will keep this old.counterwallet.co system running for a few weeks to allow individuals to transfer their balances, however, please move over to the new system (i.e. this site) as soon as possible.
legendary
Activity: 2955
Merit: 1049
I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted and and Bitcoin-Qt format". When I imported the private key to counterwallet, it shows "Not a valid private key". Anyone know how to solve this problem? Many thanks.

Importing uncompressed keys is high on our todo list.
is this possible now?
thx
hero member
Activity: 689
Merit: 507
Despite being so innovative, XCP has become victim to pump and dump

Pump and dump, with an average volume of less than 1000 XCP ? What are you talking about ? Don't use terms you don't understand. The parasite coin is just dying. Not because of lack of innovation or whatever, but just because of the lack of communication and exposure. Amazing devs, but only the 8 people on that thread know about it. This coin is going nowhere with the current direction. What is happening to the new website ? What about the 2 experts' audit ? Introduction video, and so on, and so on... DOGE is terrible, but it is everywhere, which is at the end of the day what matters, no matter how retarded  / super cool this coin is.


So if only 8 people know about it and it is 4 m$ worth, how much will it worth with 80 people ? And 800 people ?  Wink

You are totally right on marketing, but that is why XCP is a good target and investment : with no communication, bad exposure and 2 month-time, XCP is near the top 10 coins. I made exceptionnal returns, easily between 50 and 100*, with this kind of coins, when strictly nobody cares and poorly marketed.

legendary
Activity: 1372
Merit: 1000
Nice, more cool stuff like this ^^^.
member
Activity: 111
Merit: 10
Digitizing Valuable Hard Assets with Crypto


Product and Service Updates April 15, 2014
Our mission is to digitize all valuable assets into the Counterparty platform and to build a trustless, yet reputable service that delivers unmatched ability to access asset markets, globally.

Bitcoin Tangible Trust Real Gold trading live on Poloniex
We have soft-launched trading of our 1/10 Troy Oz goldcoins on Poloniex. You may trade coins live here: https://poloniex.com/exchange/btc_gold. All gold available for trading is secured into custody and can be indepdently verified here: http://bitcointangibletrust.com/assets/

NOTE: Special thanks to the following Counterparty community members:
  • Busoni owner of Poloniex for making this first a reality!
  • sparta_cuss for critiquing our model and advising us on proper risk management
  • led_cd for helping us launch our first gold and silver into custody
  • porqupine who continues to set high standards we must achieve for greater quality and reliability

MARKET MAKER OFFER: If you’re actively trading on Poloniex and you’d like more revenue opportunities, please send me a PM. We’re creating a marketmaker network where you’ll be able to trade free of fees if you make a market in our goldcoins. Yes. No Fee trading! PM me if interested!

We'd welcome feedback from the community on how we can improve this service! Your thoughts?

Bitcoin Tangible Trust has Silver in custody
10 Silver Coins purchased with Bitcoin Tangible Trust process and Counterparty community member led_cd/Global_trade Repo:
We received and published Proof of Custody from DSD for led_cd's Silver purchases. You may review the proof of custody here: http://bitcointangibletrust.com/assets/

Bitcoin Tangible Trust Team
Cross Posted to Counterparty Forums: https://forums.counterparty.co/index.php/topic,256.msg1931/topicseen.html#msg1931
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
Permacredits might become the first application to launch on top of the Counterparty protocol (XCP)  article link: http://www.coinssource.com/permacredits-launch-top-counterparty/     
Permacredits link:        http://permacredits.com/

sounds cool but what's the difference between this and a traditional SRI fund?  what's the key differentiation?

let's take some quotes from this article

Quote
The excess profits generated by these projects are funneled back into the ecosystem and everyone who holds these Permacredits would get a share of the this excess profit that is sent back into the system.

and 

Quote
Thus Permacredits are fully backed by the future cash flows that these projects produce.

Code:
magic logic cruncher



Result:

please meet Mary Jo White, current Chair of the SEC

legendary
Activity: 1372
Merit: 1000
Quote
Considering Counterparty is already difficult to market to the average bitcoin user I think marketing should not yet be top priority at this point. Services using XCP and ease of use of the protocol should come first.

+1000

Please don't fall into the marketing trap.  We need more stuff like this:

Quote
Permacredits might become the first application to launch on top of the Counterparty protocol (XCP)  article link: http://www.coinssource.com/permacredits-launch-top-counterparty/     
Permacredits link:        http://permacredits.com/
sr. member
Activity: 432
Merit: 250

I haven't touched my XCP yet because I don't feel like speculating with them and I haven't had another need for them yet. This will come, in time. By that time I think it will be easier to use also (web-wallet was a big step forward in that regard). And by that time marketing on the consumer side will become truly effective.

In short: However you phrase the fact that Counterparty is a revolution in finance. Fact is that until people see what exactly this revolution changes and how it is beneficial to them, they will be reluctant to rally behind it.

Nicely written text, one thing missing though: the letter R in Counterparty (first phrase) Wink  

Excellent post, and thank you for pointing out my typo. I still think it's a bit more readable than the current text on counterparty.co. Maybe I'm wrong. I'll let the people decide. Smiley
hero member
Activity: 617
Merit: 528
The low prices of counterparty really make me believe that 99% of people are functionally retarded...


Took you a long time to figure that out. They even publicly admit it:



I'm certainly not dumb, but I have yet to completely grasp the inner workings of Counterparty, and the uses it might have for me.

The very concept of cryptocurrencies has yet to land in our collective cultural paradigm. Counterparty is one step further than that.

I couldn't explain String-theory to you, now imagine me trying to explain it to Rene Descartes.

Considering Counterparty is already difficult to market to the average bitcoin user I think marketing should not yet be top priority at this point. Services using XCP and ease of use of the protocol should come first.

I haven't touched my XCP yet because I don't feel like speculating with them and I haven't had another need for them yet. This will come, in time. By that time I think it will be easier to use also (web-wallet was a big step forward in that regard). And by that time marketing on the consumer side will become truly effective.

In short: However you phrase the fact that Counterparty is a revolution in finance. Fact is that until people see what exactly this revolution changes and how it is beneficial to them, they will be reluctant to rally behind it.

Nicely written text, one thing missing though: the letter R in Counterparty (first phrase) Wink  
sr. member
Activity: 262
Merit: 250
Crossposted from https://forums.counterparty.co/index.php?topic=253

I'd like to request a feature to allow better discovery of what markets are available on the DEX.

It isn't easy to find out which markets exist because I have to first select the asset pairs I'm interested in finding the price for. Most combinations of asset pairs don't have any orders.

I'd like to suggest that the View Prices tab be modified (or a new tab created) for a 'Markets' view. The default market view will be based upon every asset pair that has an order (inverse pairs are represented only once ie XCP/BTC and BTC/XCP). The decision on which asset is the first in the pair can be done by the asset which has the highest market cap). The view can be a grid similar to the top assets and include information such as last order match, volume.

The grid view should first show all entries first and the grid can be filtered down by 2 drop down list boxes which correspond to the first and second asset in the pair.

Clicking on any column heading changes the sort order of the grid.

Clicking on the asset pair takes you to the Buy/Sell page for that pair

Where there is no corresponding bid or ask for that pair, the grid displays an empty or zero.

Text mock up
Code:
Filter       | Asset 1 | Asset 2 |

Market       | Highest Ask | Highest Bid | Order Depth | 24 hr Volume | 24 hour % change
BTC/XCP      |       0.004 |      0.0039 |          30 |      100 BTC |             -1.5
BTC/GOLD     |         1.5 |           0 |           1 |        0 BTC |                0
MEAT/POKEMON |             |         290 |           2 |       30 BTC |                0
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
Probably people are afraid that "Bitcoin Bosses will ban XCP" from the top of BTC....
hero member
Activity: 742
Merit: 500
well anyone get's close to the same deal now as us burners  Grin.

anyway we should make clear why this is such an important and interesting project, not just the protocol but also the underlying currency xcp. 
legendary
Activity: 910
Merit: 1000
The low prices of counterparty really make me believe that 99% of people are functionally retarded...

PS: I edited the about section a bit, let me know what you think:

Counterparty is a Revolution in Finance

Counteparty is a peer-to-peer digital asset exchange, betting platform, and derivatives market. All transactions are secure, atomic and trustless thanks to the automatic escrow system. Clever use of decentralization and cryptography removes all counterparty risk. (http://www.investopedia.com/terms/c/counterparty.asp). For the first time in history, no middleman is ever needed.

Counterparty lives on top of the Bitcoin blockchain and inherits its security. Its network stores protocol data in regular Bitcoin transactions. Counterparty’s suite of financial tools is built entirely on open source protocols and software, and development is driven by volunteers and funded by donations.

Counterparty’s native currency, XCP, has 2.6 million units and is slightly deflationary. XCP were issued by ‘proof-of-burn‘ in January 2014, in one of the fairest coin launches to date.
What do you think people are missing?

Unless marketing is done, this will basically drown into the pool of alts
legendary
Activity: 1554
Merit: 1000
The low prices of counterparty really make me believe that 99% of people are functionally retarded...

PS: I edited the about section a bit, let me know what you think:

Counterparty is a Revolution in Finance

Counteparty is a peer-to-peer digital asset exchange, betting platform, and derivatives market. All transactions are secure, atomic and trustless thanks to the automatic escrow system. Clever use of decentralization and cryptography removes all counterparty risk. (http://www.investopedia.com/terms/c/counterparty.asp). For the first time in history, no middleman is ever needed.

Counterparty lives on top of the Bitcoin blockchain and inherits its security. Its network stores protocol data in regular Bitcoin transactions. Counterparty’s suite of financial tools is built entirely on open source protocols and software, and development is driven by volunteers and funded by donations.

Counterparty’s native currency, XCP, has 2.6 million units and is slightly deflationary. XCP were issued by ‘proof-of-burn‘ in January 2014, in one of the fairest coin launches to date.
What do you think people are missing?
sr. member
Activity: 432
Merit: 250
The low prices of counterparty really make me believe that 99% of people are functionally retarded...

PS: I edited the about section a bit, let me know what you think:

Counterparty is a Revolution in Finance

Counterparty is a peer-to-peer digital asset exchange, betting platform, and derivatives market. All transactions are secure, atomic and trustless thanks to the automatic escrow system. Clever use of decentralization and cryptography removes all counterparty risk. (http://www.investopedia.com/terms/c/counterparty.asp). For the first time in history, no middleman is ever needed.

Counterparty lives on top of the Bitcoin blockchain and inherits its security. Its network stores protocol data in regular Bitcoin transactions. Counterparty’s suite of financial tools is built entirely on open source protocols and software, and development is driven by volunteers and funded by donations.

Counterparty’s native currency, XCP, has 2.6 million units and is slightly deflationary. XCP were issued by ‘proof-of-burn‘ in January 2014, in one of the fairest coin launches to date.
member
Activity: 74
Merit: 10
Rockminer also considering use Counterparty to issue their stock,but the asset  name " ROCKMINER" registered by someone.
member
Activity: 74
Merit: 10
Permacredits might become the first application to launch on top of the Counterparty protocol (XCP)  article link: http://www.coinssource.com/permacredits-launch-top-counterparty/     
Permacredits link:        http://permacredits.com/
member
Activity: 118
Merit: 104
Counterparty
sr. member
Activity: 350
Merit: 250
Vires in Numeris
Despite being so innovative, XCP has become victim to pump and dump

Pump and dump, with an average volume of less than 1000 XCP ? What are you talking about ? Don't use terms you don't understand. The parasite coin is just dying. Not because of lack of innovation or whatever, but just because of the lack of communication and exposure. Amazing devs, but only the 8 people on that thread know about it. This coin is going nowhere with the current direction. What is happening to the new website ? What about the 2 experts' audit ? Introduction video, and so on, and so on... DOGE is terrible, but it is everywhere, which is at the end of the day what matters, no matter how retarded  / super cool this coin is.

I resent the term "parasite coin".
A parasite is an organism who feeds off another without providing anything in return.
I would like to think Counterparty has more of a symbiotic relationship with bitcoin.
I would argue that Counterparty provides more benefit to bitcoin than it gets in return.

Unfortunately it has some large barriers to entry that are not easily overcome.
The fact that it has no central lead or marketing drive behind it will also slow down adoption and rise in value.

But it is still the most promising coin out right now.
It is far above and beyond the rest of the market in terms of utility.
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