Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 354. (Read 1276826 times)

I'm waiting until higher prices to start. At the moment, I would effectively be selling off assets at low prices to exchange them for shares in a fund.

That is exactly my purpose with xcp. I currently operate a hedge fund with xcp and bitcoin.

Product and Service Updates March 25, 2014
Our mission is to digitize all valuable hard assets into the Counterparty platform and to build a reputable service that can increase the value of all XCP holders.


BitcoinTangible Trust partners with Agora Commodities
We're pleased to share that BitcoinTangible Trust has opened a bulk-purchasing relationship with Agora Commodities for select gold and silver bars and coins. Customers of BitcoinTangible Trust, who wish to move into and out of gold in bulk, can do so quickly and without concern for losing premium on their gold or silver holdings. Agora Commodities has also agreed to help BitcoinTangible Trust deliver independent Proof of Custody for all BitcoinTangibleTrust purchases. Agora's CEO understands exactly what we are doing and has expressed enthusiasm to see us succeed and has given us permission to use Agora's logo on the BitcoinTangibleTrust website. We're excited to have Aogra as a digital custodian partner. We expect to add other gold and silver sales partners in the future. If you have a particular reseller you prefer, please PM us so we may establish a relationship with them.


BitcoinTangible Trust will offer BTC to Digital Silver
Through community feedback, we will lower the barrier for professionals to try Bitcoin Tangible Trust with as little financial risk as possible. We have removed our minimum order from 2BTC. We also now offer Silver for those interested in testing our platform with only minimums requested by Agora Commodities by weight. This means that if you have wish to purchase a few silver coins to test the platform, we will welcome your trial with us.


Thank you Counterparty Devs and the Counterparty Community,
Bitcoin Tangible Trust Team

+1
Very interesting.
It will be very useful for those who need to diversify from the volatility of BTC, but hold their wealth in the blockchain.

It's uncanny how topynate was so crisp in his analysis of the blockchain storage issue and his writing of Satoshi's intentions after being away from his Bitcointalk account for about 3 years...eh? 

Going through all the recent posts, it feels as if everyone is almost on the same page even though some external media would have us believe of endless debates over irreconcilable differences between the devs.  It's natural that we feel uneasy about OP_RETURN and its possible consequences if one of our highest priority is to protect the blockchain from spam.  If anything, it makes me appreciate the core devs a little more for handling these challenges.

Now think back a few years...the Bitcoin design paper may not even be completed -- let alone a working client -- had Satoshi insisted on including other features such as markets, assets, contracts, and all the possible financial transactions.

Instead Satoshi opted for a simple version of electronic cash and a simple script as a way to add more features in the future.  Today, script gives us a simple OP_RETURN that could bring all those features and more.  And yet we look for a more complicated solution.

Instead, think of jgarzik's updated OP_RETURN as the simple extension to allow features that would be too limited via script.  There is no need to enable dangerous OPs for transactions that can run at the upper layer.  Yes, allowing arbitrary data seems dangerous because there will be people who will try to stuff junks into the txns.  On the other hand, it opens up a world of possibilities for non-core developers to create unimaginable transactions. Trying to deter OP_RETURN is like trying to hold back the first message boards because of spams.

If it's possible to have an OP_RETURN with variable payloads and appropriate fees in place as advocated by Peter Todd and PhantomPhreak, Bitcoin and its upper layers would soon leave most of the new competitors in the dust.  The significant of a simple OP_RETURN can multiply many times beyond current implementations such as XCP and MSC.  Yes, we could be building secondary chains, efficiently merged solutions, or even DHTs of DHTs.  One day.  For today, Bitcoin just needs a simple OP_RETURN.



One would expect satoshi to be monitoring the XCP/MSC threads closely and may even provide feedbacks as a detached observer.  topynate provided some very insightful posts (in an almost academic-like style), showed us the futility of trying to classify OP_RETURN as carrying non-finanical data, and even quoted satoshi to remind us of the comparable "unstructured simplicity" in an OP_RETURN.  That embodies the ideals of satoshi for many.  Of course, satoshi would need a stealth address since he could not move those unsteathed coins without being noticed now

Thanks! What I have in mind is a Doug Casey type portfolio for the fund - 1/3 precious metals, 1/3 currencies, 1/3 equities, mainly in resource stocks, also some high tech and start-ups, with the high risk/high yield portion limited to a total of 10% of the fund, and no bonds of any type.

Both the sell off from wallet release as well as any boost due to having a sleek GUI has been priced in. Basically, I doubt there will be any big changes.

Hedge fund?!! Damn, I am in.

Seems to me any sell-off from the wallet launch is priced in already. I expect an uptrend soon after launch. I'm looking forward to consolidating my holdings to one address. I have no interest in selling since I'm building a diversified portfolio of next gen assets. I am interested in using XCP to operate a hedge fund where investors can hold specific assets, sectors or the whole fund.

I'm very confident of the positive effect these videos will have

Hope your videos reverse the direction of price movement 

Well my argument would be there's probably a solid pocket of technically inferior investors who are awaiting the web wallet to finally dump, but if the demand is high enough it won't even matter which is most likely the case long term anyways

Also, those who fear the price will drop when counterwallet is on mainnet, have already dumped/dumping XCPs. Not many would be lazy to set up counterpartyd/bottle xcp when they fear price will crash.

Also just wanted to put it out there, I'm starting a counterparty youtube channel should be in full swing in the next couple of weeks

No one really knows what will happen to the price post counterwallet. If anything my guess is an increase not a decline. While it is true that many held on to the original burn, I dont see all of them selling ( I am not) + I invested X3 more since the burn after getting even more acquainted with the project as well as with the professionalism of the devs. Many of those that did get in ONLY for speculative reasons already moved coins.

Lastly, I believe that the recent mini drop is a direct result of what is perceived by some as a higher risk due to the uncertainty with the BTc core devs, which is not true and will be resolved one way or another. 

Seems a lot of folks have waited because they don't want to risk the technical process of setting up counterpartyd ... that was the case for me, however I decided I couldn't risk my ability to hedge and move things around so I just went for it.

I'll put it out there again if anyone needs help let me know. If your looking to sell and can't let's get your xcp sold asap, to let the web wallet launch price as it should, else if you can wait then wait because the web wallet is going to impress investors.

I would also try to get in somewhat before mid/end of april, maybe now maybe shortly after the webwallet was released. anyway I think there was quite a ton of redistribution already in place, does anyone know how many xcp have already been moved? last time I checked blockscan I was guessing that already half of all xcp have been moved

Hmm sounds conclusive... Maybe Ill wait a bit b4 buy