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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 316. (Read 1276817 times)

full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
It would be good if coinmarketcap could include the DEX itself in trading volume.

I agree with this +1

I just submitted this in a request to the coinmarketcap request form:

https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/viewform

Probably wouldn't hurt to have more people request this!

As I understand it, no one yet provides a web API sufficient  to give Coinmarketcap all of the information that it needs to make this happen.

Probably because it could be easily manipulated eh ? Maybe they could run counterpartyd on their server to keep checking for the last btcpay at a protocol level, but I doubt they do that.
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
It would be good if coinmarketcap could include the DEX itself in trading volume.

I agree with this +1

I just submitted this in a request to the coinmarketcap request form:

https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/viewform

Probably wouldn't hurt to have more people request this!

As I understand it, no one yet provides a web API sufficient  to give Coinmarketcap all of the information that it needs to make this happen.
hero member
Activity: 700
Merit: 500
It would be good if coinmarketcap could include the DEX itself in trading volume.

I agree with this +1

I just submitted this in a request to the coinmarketcap request form:

https://docs.google.com/forms/d/1IZf5cBivam_93zENT_arFFuvWDidHGjWxoTMVmFSoWg/viewform

Probably wouldn't hurt to have more people request this!
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
It would be good if coinmarketcap could include the DEX itself in trading volume.

I agree with this +1
hero member
Activity: 588
Merit: 504
It would be good if coinmarketcap could include the DEX itself in trading volume.
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
when I  import (Sweep) Funds in counterwallet , it say  Not a valid private key.  but my private key is valid .
anyone have a same trouble?

When you export your key from blockchain.info, make sure its "unencrypted" and "bitcoinQT" format...
Check the video in my signature for more information.
newbie
Activity: 55
Merit: 0
when I  import (Sweep) Funds in counterwallet , it say  Not a valid private key.  but my private key is valid .
anyone have a same trouble?
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
counterparty is so undervalued atm, weak hands  Grin

Where are these weak hands you talk of?

I would say at bare minimum XCP should be roughly ~(1/6)of(MSC/BTC)
newbie
Activity: 59
Merit: 0
counterparty is so undervalued atm, weak hands  Grin

Where are these weak hands you talk of?
sr. member
Activity: 432
Merit: 250
counterparty is so undervalued atm, weak hands  Grin
legendary
Activity: 876
Merit: 1000
Etherscan.io
Send me a PM about those performance concerns, so that we can work on mitigating them, because everything really should be able to go through the API.

I was not implying that there was performance issues with the API, but just that reading from the DB directly is naturally faster and more efficient than going through the API.

On a side note, if I was building this from scratch today I would probably consider doing this via API. However, most of the code was already done before an API was available.
newbie
Activity: 59
Merit: 0
XCP can never up to .25 btc again.

It never has been .25 btc
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder

13J6wg7BdvjnPHHRPUp1EQBx6Z7KW5RcZw definitely is strange. There is no record in counterpartyd logs for transfers of XCP to this address. I'd say that it couldn't be a coincidence that there is a send of 0.5 UNIT.

I'd need more context for 17Vxv31VfpFY6tWBBB93tcSgP4SYeqzTTb. It's possible for that to be just a mistake from the command line. You don't have to btcpay from the address you originally made the order.

Yep, there was a bug, which we've now fixed. (See that thread for more info.)

That bug was with fees and slow tx confirmations. That negative balance is a problem with Blockscan: in counterpartyd, the balances of that address are
Quote
> counterpartyd.py balances 13J6wg7BdvjnPHHRPUp1EQBx6Z7KW5RcZw
Balances
+-------+-----------+
| Asset |   Amount  |
+-------+-----------+
|  BTC  | 0.0103172 |
|  HATE | 999000000 |
|  UNIT |    0.5    |
|  XCP  |    0.5    |
+-------+-----------+

I have updated to the latest build and from what I can see the balances are now correct. However, as there were some syntax changes in the database "status" fields and change from using "amount"->"quantity" in the field naming, this has somewhat thrown a portion of the blockscan code off balance as I directly read from the DB for performance reasons (vs. using the API).

I've fixed what I know off but I might have missed something. If there are any other discrepancies please drop me  PM

Cheers

Send me a PM about those performance concerns, so that we can work on mitigating them, because everything really should be able to go through the API.
member
Activity: 70
Merit: 10
Again, congrats. on today's big move towards adaption. I believe that we need to pickup marketing after a period of debugging.

In order to pickup marketing and in order for all of us to "spread the word", and attract XCP investment as well as CP platform usage I believe that we need to have the best clarity, on details beyond the obvious value that a decentralized platform provides.

-----------------------------------------

Thus, Back to "business model"questions:

I read the LTB coin plan with great interest and I can indeed see a great potential in what they are trying to do there.

I will use this as an example to ask several questions to our devs, Matt or any other visionaries here that would like to answer:

Since LTB coin (and any other such future asset) will be built off the CP platform and is an asset:

1) there will be 510M coins and promotions etc etc. how many actual assets will be issued that will require 0.5xcps? (one time and done? every promotion?)

2) I can see that the LTB vision, as well as the B TangibleAssets vision, as well as all other assets in the future, can create great value to their shareholders. However,

a) what drives XCP's value in real economic terms? what drives CP's value?
b) can we actually have LTB's with a market cap of say 50M and CP with 10M? I believe that it is possible. so how will we generate value to our XCPs when we dont have shares in CP (XCPs ARE our shares).

3) Will all transaction fees incurred from various activities around CP actually go to BTC miners? or are there DEX fees that will stay within the CP eco-system (hence realizing that it is a vertical system within the BTC ecosystem as we tried to display to the BTC devs)

Thanks for thoughtful orderly answers.

not belonging to the xcp team - I think that are very useful questions.

I try to answer question 2 - please correct me if I am wrong

2a) I think this question was also relevant regarding mastercoin. Whereas everyone can see the value of the protocol (mastercoin, counterparty) it is hard to understand the value of the underlying currencies (msc, xcp). As fas as I know xcps value now is mostly derived from speculation, paying dividens and being simply the native currency of the counterparty protocol. In the future this will probably change because xcp will be useful for specific cases. It will be used for betting and derivatives, because some functions of xcp are different to the functions of btc, enabling these specific types of transactions. I talked to xnova yesterday in the chat and he told me that they will implement betting function in the counterparty wallet within the next month. Furthermore there is a huge interest in implementing a kind of a prediction market, enabling more complex financial transaction. I highly ecpect that XCPs will be used for these more complex transactions. Please correct me if I am wrong.

2b) I also see no reason for that not being possible, this probably changes if the metacurrencies would be backed by xcps. A second more likely case is that the demand for the expected specific functions of xcp will be higher than the function or profitability of these specific assets

Have to say that you consider very comprehensive



But every rational



Quite agree with you
member
Activity: 70
Merit: 10
Hi guys. With the Counterwallet mainnet release behind us, I've made my identity public to facilitate the continued evolution of Counterparty as we enter the next stage of growth.

Please see our blog post on this matter at: https://www.counterparty.co/next-steps/

This is a great thing! And in my opinion a necessary one to actually being able to compete. There will be competition with real world identity developers. Real world identity creates trust and the media is looking for a face and a story behind it. Also how would you want to negotiate deals with partner with a hidden idenity?? Smiley Over Skype only? That would be highly unprofessional.   

At the beginning of a new industry, there exist many deficiencies



Of course, it has also the advantages outweigh the disadvantages



Your idea is correct
member
Activity: 92
Merit: 10
XCP can never up to .25 btc again.
member
Activity: 70
Merit: 10
Why do I see "Pending order to sell" for more than 20 hours now?
And how was I able to send another sell order for the same amount? (there is no more XCP on the account)

?

Ok, again, maybe someone answers this...




WHY?

Because it hasn't been matched?

But I can´t see it in the order book, it is under pending actions and not open orders and I am able to send it over and over again.

I hope you can get more harvest



Come on price can fly to the moon
legendary
Activity: 876
Merit: 1000
Etherscan.io

13J6wg7BdvjnPHHRPUp1EQBx6Z7KW5RcZw definitely is strange. There is no record in counterpartyd logs for transfers of XCP to this address. I'd say that it couldn't be a coincidence that there is a send of 0.5 UNIT.

I'd need more context for 17Vxv31VfpFY6tWBBB93tcSgP4SYeqzTTb. It's possible for that to be just a mistake from the command line. You don't have to btcpay from the address you originally made the order.

Yep, there was a bug, which we've now fixed. (See that thread for more info.)

That bug was with fees and slow tx confirmations. That negative balance is a problem with Blockscan: in counterpartyd, the balances of that address are
Quote
> counterpartyd.py balances 13J6wg7BdvjnPHHRPUp1EQBx6Z7KW5RcZw
Balances
+-------+-----------+
| Asset |   Amount  |
+-------+-----------+
|  BTC  | 0.0103172 |
|  HATE | 999000000 |
|  UNIT |    0.5    |
|  XCP  |    0.5    |
+-------+-----------+

I have updated to the latest build and from what I can see the balances are now correct. However, as there were some syntax changes in the database "status" fields and change from using "amount"->"quantity" in the field naming, this has somewhat thrown a portion of the blockscan code off balance as I directly read from the DB for performance reasons (vs. using the API).

I've fixed what I know off but I might have missed something. If there are any other discrepancies please drop me  PM

Cheers
hero member
Activity: 588
Merit: 504
such wow, if it works great for RM, AM might be interested in XCP as well.

ROCKMINER:
----------------
XCP is under developing,we will consider it if it really works well.
----------------
https://bitcointalksearch.org/topic/m.6136502

how should RM do it ? The XCP liquidity is not there yet for a medium size company, maybe they should build the orderbook with XBTC, so that it's not affected by the price swing of BTC/XCP with the downside of trusting led_lcd/maxmint, and later switch to trade the asset against XCP when enough liquidity with no counterparty risk.

You are right, and liquidity begets liquidity, but why do they need to expose themself to XCP? they can be using counterparty only as a share distribution, tracking and trading mechanism (compared with excel sheets or whatever antiquitated system AM is using) and paying shareholders directly in BTC right?
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
such wow, if it works great for RM, AM might be interested in XCP as well.

ROCKMINER:
----------------
XCP is under developing,we will consider it if it really works well.
----------------
https://bitcointalksearch.org/topic/m.6136502

how should RM do it ? The XCP liquidity is not there yet for a medium size company, maybe they should build the orderbook with XBTC, so that it's not affected by the price swing of BTC/XCP with the downside of trusting led_lcd/maxmint, and later switch to trade the asset against XCP when enough liquidity with no counterparty risk.
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