, couldn't buy more :p 
Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 498. (Read 1276916 times)
February 17, 2014, 05:10:15 PM
Got my first 9 XCP , couldn't buy more :p
, couldn't buy more :p 
February 17, 2014, 05:01:07 PM
You guys threw 2000 BTC into an unrecoverable address, because ...?
...deflating BTC makes it worth more.
Good Lord.
Couldn't those have been given to Red Cross, Food banks and so on?
Top idea. Donate your BTCs to them
February 17, 2014, 04:46:58 PM
Top 60 NXT accounts still hold more than 70%. Some initial holders when price hit 0.001 BTC. And all the 1 billion coins were given to 21 stakeholders. What a fair distribution!!!
Not mentioning how the IPO abruptly ended without any notice, compared to this one where someone could even target the last block (to promote NXT again, non the less!).
February 17, 2014, 04:38:37 PM
Cant really say how many shareholders or coinholders. The burn was limited to 1BTC per address. The taint analysis showed 1 person burnt around 25 BTC, 5 or 6 in the range 11 - 20. A total of 2124.6 BTCs were burnt http://www.blockscan.com/burn.aspx So my guess is there are atleast 1000 initial shareholders. I burnt 1 BTC.
I estimate between 1-1.5K have burnt, which makes it one of the most distributed and yes, fair coin out there. There are some whales (60 here, 30 there), but they are the minority and don't hold more then 1% - 2% of total XCP's, hence massive manipulations we see in with other coins are not possible.
February 17, 2014, 04:37:37 PM
About the price: XCP is glaringly undervalued right now. Big holders are dumping thousands of XCP on poloniex to recoup their investments.
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
I totally agree with you, this is a great buying opportunity on poloniex at this moment as a few "early burners" get out.
Once the "early burners" are thru dumping and the DEX and web wallet are available, then we will see a rise up to the Mastercoin valuation level as the mainstream crypto community discovers how great this project really is!
And once we start to see sports-betting and issuance of tradable assets, probably 2-3 months from now, then the project could receive major national and international press coverage and there will be another nice rise in price as the wider world learns about it.
Counterparty has a relatively small float of shares and is deflationary, so when the price finally starts rising, it could rise extremely quickly!
These are some great ideas. I've been thinking about what makes DOGE, Mastercoin, or NXT have higher market caps than Counterparty right now? Despite Counterparty being the most innovative and functional.
I think it's all about the size and activity of the community (look at DOGE, nothing technically innovative).
We should host some giveaways and try to grow the community as fast and big as possible. A large, active community will naturally attract asset issuers to Counterparty. It will also naturally attract technical people to help work on the technical aspects of Counterparty.
The only reason Mastercoin is more valuable right now is it has a much bigger and more active community than Counterparty.
Size and activity of the community is important.
However, XCP community wants to promote its DEX rather than listing on many centralised exchanges. Everything is still in alpha stage. Everything should be ready by March, I guess - the web wallet, GUI, etc
February 17, 2014, 04:28:09 PM
About the price: XCP is glaringly undervalued right now. Big holders are dumping thousands of XCP on poloniex to recoup their investments.
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
I totally agree with you, this is a great buying opportunity on poloniex at this moment as a few "early burners" get out.
Once the "early burners" are thru dumping and the DEX and web wallet are available, then we will see a rise up to the Mastercoin valuation level as the mainstream crypto community discovers how great this project really is!
And once we start to see sports-betting and issuance of tradable assets, probably 2-3 months from now, then the project could receive major national and international press coverage and there will be another nice rise in price as the wider world learns about it.
Counterparty has a relatively small float of shares and is deflationary, so when the price finally starts rising, it could rise extremely quickly!
These are some great ideas. I've been thinking about what makes DOGE, Mastercoin, or NXT have higher market caps than Counterparty right now? Despite Counterparty being the most innovative and functional.
I think it's all about the size and activity of the community (look at DOGE, nothing technically innovative).
We should host some giveaways and try to grow the community as fast and big as possible. A large, active community will naturally attract asset issuers to Counterparty. It will also naturally attract technical people to help work on the technical aspects of Counterparty.
The only reason Mastercoin is more valuable right now is it has a much bigger and more active community than Counterparty.
February 17, 2014, 04:24:38 PM
Also, LOL at people telling early adopters to sell their coins at a "fair price", which is coincidentally always below market value.
The burn period was open for a month. Did you join the developers in sending your coins into an unrecoverable black hole then? The fair price was 1000-1500 XCP / 1 BTC then. Anyone could have participated.
Then there was plenty of volume on the DEX for 2 weeks. Moneypaktrader was selling a large quantity of XCP for 0.005. Did you buy them?
Now there is a centralized exchange up and running. The fair price is now between .01 and .02. Are you going to buy now?
What about when the web wallet comes out, desktop GUI is out, and corporations start listing stock on XCP? What will be the fair price then?
Indeed, I didn't burn more than 1 BTC because it was just too risky. I set up some alpha software which even gave me an error a while after I send a BTC to a black hole, to see in this thread that more people had this error.The burn period was open for a month. Did you join the developers in sending your coins into an unrecoverable black hole then? The fair price was 1000-1500 XCP / 1 BTC then. Anyone could have participated.
Then there was plenty of volume on the DEX for 2 weeks. Moneypaktrader was selling a large quantity of XCP for 0.005. Did you buy them?
Now there is a centralized exchange up and running. The fair price is now between .01 and .02. Are you going to buy now?
What about when the web wallet comes out, desktop GUI is out, and corporations start listing stock on XCP? What will be the fair price then?
People who burned more had some real guts, I believed and still do in this project, but burning massive amounts was just insane and it basically was the same as "put everything on red". Now things look better so it is normal the price is higher, if we have a functioning wallet that everyone can use, it will look even better and price will even be higher. Once we are out the alpha stage and people really start using it and adopting it, price will be even higher. If you look at this project and can see it's potential, the current price isn't fair, it's dirt cheap. It's like complaining in 2010 that bitcoins don't have a fair value because they were cheaper in 2009. You could kept complaining about it all the time or you could have bought them at their fair value at that point in time.
I agree. Burning BTC seemed *extremely* risky, especially since the protocol was in beta and it was entirely possible that anything could go wrong at any time. I originally planned to burn more than I did, but decided it was just too risky. Now that risk is being rewarded. It could easily have gone the other way...it's just the way investing goes.
February 17, 2014, 04:23:06 PM
The best community is a community that consists of actual owners of the coin. For XCP this group of stakeholders is really small, they keep the price manually too high, which makes it unattractive for new people to join in. People that do not own coins, will not promote it either. Cheaper price, means bigger community, means better potential for long term. To all stakeholders: please sell some of your stakes for profit now, so the coin gets decentralized and the community gets bigger.
Are you serious? Go complain to NXT if you looking for a really small stakeholders group (up to 75% of coins in 60 people hands - start of Feb 14' statistics), moving the market at will.
Here you have more then 2000 people who risked more than 1.K5 BTC into a black-hole (no refunds here), solely based on alpha code and developers integrity.
We must also remember that there is still much peoples who have invest but cant move their coins yet before easy wallet is out. This working also for donations, its difficult donate your coins if you dont know how. I make mistake to donate big amount of btc, that was much better burn and donate now in xcp... But i will still continue donate like 10% of my coins in future dev projects, maybe 40% sell for get money to invest to new innovations around cryptos and get little pocket money for myself and other 50% i want keep and sell maybe later with good profit or maybe find some good idea and start build some kind of "business" around xcp and same time increase that my last coins value. If there is like 1500 who have invest and if 750 or more of them dont know how or are too lazy wait two-three days to install softwares its mean that we are in really early stage with this great project. But i think this peoples who now want all coins to market is same peoples who laugh when we destroy us bitcoins for nothing and told us that we only increase bitcoin value when there no have anymore x amount of bitcoins in markets..
February 17, 2014, 04:18:08 PM
Not too late. Price fell from 0.027 BTC to 0.011. Jump in. Don't complain later
February 17, 2014, 04:06:05 PM
Also, LOL at people telling early adopters to sell their coins at a "fair price", which is coincidentally always below market value.
The burn period was open for a month. Did you join the developers in sending your coins into an unrecoverable black hole then? The fair price was 1000-1500 XCP / 1 BTC then. Anyone could have participated.
Then there was plenty of volume on the DEX for 2 weeks. Moneypaktrader was selling a large quantity of XCP for 0.005. Did you buy them?
Now there is a centralized exchange up and running. The fair price is now between .01 and .02. Are you going to buy now?
What about when the web wallet comes out, desktop GUI is out, and corporations start listing stock on XCP? What will be the fair price then?
Indeed, I didn't burn more than 1 BTC because it was just too risky. I set up some alpha software which even gave me an error a while after I send a BTC to a black hole, to see in this thread that more people had this error.The burn period was open for a month. Did you join the developers in sending your coins into an unrecoverable black hole then? The fair price was 1000-1500 XCP / 1 BTC then. Anyone could have participated.
Then there was plenty of volume on the DEX for 2 weeks. Moneypaktrader was selling a large quantity of XCP for 0.005. Did you buy them?
Now there is a centralized exchange up and running. The fair price is now between .01 and .02. Are you going to buy now?
What about when the web wallet comes out, desktop GUI is out, and corporations start listing stock on XCP? What will be the fair price then?
People who burned more had some real guts, I believed and still do in this project, but burning massive amounts was just insane and it basically was the same as "put everything on red". Now things look better so it is normal the price is higher, if we have a functioning wallet that everyone can use, it will look even better and price will even be higher. Once we are out the alpha stage and people really start using it and adopting it, price will be even higher. If you look at this project and can see it's potential, the current price isn't fair, it's dirt cheap. It's like complaining in 2010 that bitcoins don't have a fair value because they were cheaper in 2009. You could kept complaining about it all the time or you could have bought them at their fair value at that point in time.
February 17, 2014, 04:00:12 PM
You guys threw 2000 BTC into an unrecoverable address, because ...?
...deflating BTC makes it worth more.
Good Lord.
Couldn't those have been given to Red Cross, Food banks and so on?
Top idea. Donate your BTCs to them
February 17, 2014, 03:55:36 PM
You guys threw 2000 BTC into an unrecoverable address, because ...?
...deflating BTC makes it worth more.
Good Lord.
Couldn't those have been given to Red Cross, Food banks and so on?
February 17, 2014, 03:52:28 PM
You guys threw 2000 BTC into an unrecoverable address, because ...?
...deflating BTC makes it worth more.
February 17, 2014, 03:51:15 PM
You guys threw 2000 BTC into an unrecoverable address, because ...?
February 17, 2014, 03:46:01 PM
The best community is a community that consists of actual owners of the coin. For XCP this group of stakeholders is really small, they keep the price manually too high, which makes it unattractive for new people to join in. People that do not own coins, will not promote it either. Cheaper price, means bigger community, means better potential for long term. To all stakeholders: please sell some of your stakes for profit now, so the coin gets decentralized and the community gets bigger.
Are you serious? Go complain to NXT if you looking for a really small stakeholders group (up to 75% of coins in 60 people hands - start of Feb 14' statistics), moving the market at will.
Here you have more then 2000 people who risked more than 1.K5 BTC into a black-hole (no refunds here), solely based on alpha code and developers integrity.
Top 60 NXT accounts still hold more than 70%. Some initial holders when price hit 0.001 BTC. And all the 1 billion coins were given to 21 stakeholders. What a fair distribution!!!
February 17, 2014, 03:16:16 PM
The best community is a community that consists of actual owners of the coin. For XCP this group of stakeholders is really small, they keep the price manually too high, which makes it unattractive for new people to join in. People that do not own coins, will not promote it either. Cheaper price, means bigger community, means better potential for long term. To all stakeholders: please sell some of your stakes for profit now, so the coin gets decentralized and the community gets bigger.
Are you serious? Go complain to NXT if you looking for a really small stakeholders group (up to 75% of coins in 60 people hands - start of Feb 14' statistics), moving the market at will.
Here you have more then 1500 people who risked more than 2K$ BTC into a black-hole (no refunds here), solely based on alpha code and developers integrity.
February 17, 2014, 03:13:40 PM
When I think I missed the burn period for two hours (you can check my history), it's killing me haha. Oh well, I was really new to crypto and didn't even knew this site that well. Just bought another 100 anyway. #believe!
February 17, 2014, 02:37:19 PM
Heavy trolling today !
About this :
Ok I've tried
and it is not working http://www.blockscan.com/order_match.aspx?q=4431
Should I have waited block 286500 ?
(maybe the Troll will send me a BTC for my 10 XCP
)
About this :
I think it is correct to say that the recently mentioned troll wall is made using counterparty 4.0 - the fee_provided is listed as .018 and it is verifiable not a percentage, if someone is matched with this using a percentage fee higher than 0.000009188 then it should be reported as a bug -
Ok I've tried
Quote
--get-asset=BTC --get-quantity=0.15 --give-asset=XCP --give-quantity=10 --expiration=300 --fee-required=.0001
and it is not working http://www.blockscan.com/order_match.aspx?q=4431
Should I have waited block 286500 ?
(maybe the Troll will send me a BTC for my 10 XCP
) February 17, 2014, 02:23:15 PM
About the price: XCP is glaringly undervalued right now. Big holders are dumping thousands of XCP on poloniex to recoup their investments.
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
I totally agree with you, this is a great buying opportunity on poloniex at this moment as a few "early burners" get out.
Once the "early burners" are thru dumping and the DEX and web wallet are available, then we will see a rise up to the Mastercoin valuation level as the mainstream crypto community discovers how great this project really is!
And once we start to see sports-betting and issuance of tradable assets, probably 2-3 months from now, then the project could receive major national and international press coverage and there will be another nice rise in price as the wider world learns about it.
Counterparty has a relatively small float of shares and is deflationary, so when the price finally starts rising, it could rise extremely quickly!
February 17, 2014, 02:22:30 PM
About the price: XCP is glaringly undervalued right now. Big holders are dumping thousands of XCP on poloniex to recoup their investments.
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
I imagine that we'll go through about a few thousand BTC in "dumps" (or in other words, distribution) before early adopters are satisfied. Then watch for the rise.
I for one don't plan on any more liquidation in the next few months.
In other news, the poloniex "wallet" has nearly 2% of XCP. I believe most of these are comprised of coins in the name of holders that don't have a wallet installed yet. Only about 4% have successfully withdrawn their coin.
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