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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 500. (Read 1276916 times)

hero member
Activity: 588
Merit: 504
hi everyone,

i just installed counterpartyd thanks to the much appreciated help of xnova and JahPowerBit.

i started going throuh the api calls as specified in this page:
https://media.readthedocs.org/pdf/counterpartyd/latest/counterpartyd.pdf

and found that many vital ones are missing:

http://gyazo.com/3f2d893af97c6f37e588047ce7c9f7cd

among the promient ones are:
get_address and get_sends.

is it because of something i did or are these calls not implemented yet?
how can i know the source address of a transaction that was made to my address?


to see the balance of address try to issue:  
Code:
counterpartyd balances 14RAyA4JabgVftF1ezKQqUkaQi8iaPqX9K

newbie
Activity: 12
Merit: 0
hi everyone,

i just installed counterpartyd thanks to the much appreciated help of xnova and JahPowerBit.

i started going throuh the api calls as specified in this page:
https://media.readthedocs.org/pdf/counterpartyd/latest/counterpartyd.pdf

and found that many vital ones are missing:

http://gyazo.com/3f2d893af97c6f37e588047ce7c9f7cd

among the promient ones are:
get_address and get_sends.

is it because of something i did or are these calls not implemented yet?
how can i know the source address of a transaction that was made to my address?
hero member
Activity: 898
Merit: 1000
Anyone able to help with something: How to create XCP transactions using Armory?

Is there a way of manually entering an unsigned transaction (created by the counterparty software), in such a way as that Armory will recognise it and allow me to sign it offline?

Thanks.
hero member
Activity: 742
Merit: 500
Guys

it is still ultra early days, but one thing we should keep in mind and adopt from other succesfull communities like nxt or even doge is that in order to be succesfull we need to  

DONATE

I just reviewed the official donation adress 12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs and saw that there is still only little donations.

When I burnt my BTC, I decided to give around 10% of my account for donation, I will do that for an entire year, so I send some XCP today for development. The next XCP I'll send in a month

IF EVERY BURNER SPENDS A LITTLE AMOUNT OF HIS BURNINGS TO DEVELOPMENT THIS WILL BE AN EXTREMELY SUCCESSFULL PROJECT, THIS IS ESPECIALLY TRUE FOR THE GUYS LIKE ME WHO ARE NOT SOFTWARE DEVELOPERS

in a month or two the same holds true for the early adopters who buy some xcp now.

I think after all we have seen until now we can trust the developers, they did a great, almost perfect job until now and they are as well as most burners and early adopters interested in the long term success of the project.

DONATE 12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs
hero member
Activity: 588
Merit: 504
Yeah i know, you dont want to be in it for short-term gains. But more people that didnt notice the launch would like to be shareholders... If the initial shareholders would cash out some of their coins, making like 5x profit or so, that would actually be a good thing. They can still remain to be a shareholder, just not with a bit smaller shares compared to what they have now. I think it would make the community grow largers which is better for realizing longer term goals and succes.

You know you can buy 'shares' from 'shareholders' right? But just with any investment vehicle original shareholders need to have an incentive to sell. Buyers need an incentive to buy and you meet in the middle somewhere.. The ones selling ~1 month after investment are short-term speculators. as well as traders capitalising on cycles to increase their holdings, which in crypto world generally begins with a premature boost.

Of course there will be some who are not so savvy and never installed counterparty till now, who will likely sell some of their XCP on release of a noob friendly web-wallet, satisfied with the gains already.  At the same time release of such wallets would drive up interest considerably. we are in the infancy of this project, and there's a hell of a lot more to come.

Is this a fair calculation?

(1000+1500)/2 = 1250
0.0008 * 1250 = 1
0.0008 * 2648756 ~ 2119
2119 * 650 = 1377350

Initial marketcap: $1,377,350

I wish I would have burned a bitcoin or two...

About the shareholders, If you were to compare proportionate distribution to NXT for example. XCP had a much broader range of initial stakeholders.
( NXT raised just 23btc between ~70 unique addresses, yet has grown to a current market cap of 94,554 BTC.!. whilst XCP raised around 100x the amount. 2,000+btc from ~2,539 unique addresses.  Yet less than 1/3 market cap currently and a lot of room for growth.

Even with, for example Ultracoin, a relatively lacklustre qt copy paste, few tweaked paramaters, premine. you know the drill.. you could of made such gains. I'm hesistant to talk about gains because I really think it distracts from the point of this and not fair to compare exciting protocol layer which fill a real gap and provide real utility with dogcoin or frogcoin or squirrelcoin latest meme to earn free gpu after 2 months. these decentralized solution to centralised problem are not just a quick chance to flip & make some cash. The distribution was fair, open and transparent and anybody who beleived in potential. understood fundamentals, saw the code could of invested, just as they could in bitcoin in 2009,2010,2011,etc and accordingly kick themself retrospectively, well there is always equivalent risk.  Smiley

This protocol has real merit, real innovation, real community behind it.  so I wouldn't be surprised to see many who is not planning to sell any part of there stake any time soon. I Personally haven't got a desire to sell anything until 12 months or so as a minimum, regardless of the price fluctuation's that'll occur during the period, but could be open to offering up some portion as independent bounties and would prefer to use it directly into the xcp ecosystem
sr. member
Activity: 406
Merit: 250
Is this a fair calculation?

(1000+1500)/2 = 1250
0.0008 * 1250 = 1
0.0008 * 2648756 ~ 2119
2119 * 650 = 1377350

Initial marketcap: $1,377,350

I wish I would have burned a bitcoin or two...
newbie
Activity: 28
Merit: 0
Yeah i know, you dont want to be in it for short-term gains. But more people that didnt notice the launch would like to be shareholders... If the initial shareholders would cash out some of their coins, making like 5x profit or so, that would actually be a good thing. They can still remain to be a shareholder, just not with a bit smaller shares compared to what they have now. I think it would make the community grow largers which is better for realizing longer term goals and succes.

A decent volume of trade is taking place in poloniex, our 1st centralised exchange. But, XCP community wants to build the trades in distributed exchange. Also, many people burnt through blockchain.info. Most of them are waiting for webwallet to trade easily, as importing the private key and selling through counterpartyd seems too techy, atleast for me.
legendary
Activity: 1232
Merit: 1000
Yeah i know, you dont want to be in it for short-term gains. But more people that didnt notice the launch would like to be shareholders... If the initial shareholders would cash out some of their coins, making like 5x profit or so, that would actually be a good thing. They can still remain to be a shareholder, just not with a bit smaller shares compared to what they have now. I think it would make the community grow largers which is better for realizing longer term goals and succes.
newbie
Activity: 28
Merit: 0
How many shareholders are in this coin. It really has to decentralize more to gain more support from new holders, the community is too small. Dump some coins to get new owners that will put efforts in getting to know and promoting the coin for their own interest.

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 and many other BTC burners are looking for long term gains not for short term. XCP is doing lot many things which others are promising. There is no hype. Developers are busy building a web wallet, website and wiki pages.

Wait until March for the real fireworks
legendary
Activity: 1232
Merit: 1000
How many shareholders are in this coin. It really has to decentralize more to gain more support from new holders, the community is too small. Dump some coins to get new owners that will put efforts in getting to know and promoting the coin for their own interest.
hero member
Activity: 672
Merit: 500
Quick update of the logo, to make it work on black/gray/white background

http://s27.postimg.org/5hgsn6983/XCP_no_outline_01.png


sr. member
Activity: 602
Merit: 252
Does the seller receive the fee?

The fee will go to the bitcoin network for miners.
hero member
Activity: 714
Merit: 502
Does the seller receive the fee?
full member
Activity: 214
Merit: 101
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 -
full member
Activity: 216
Merit: 100

So, if someone's order got stuck matched by this troll order, there is no way to get XCP back except to wait till the order expires as set by --expiration parameter? XCP will not be lost and get back to the owner again, not no quick way to get them back?

Yes (as set by the minimum of the expirations of the two matched orders). But that'll change with block 286500, after which only 10 blocks will ever be allowed for BTC payments to be made.

Will this change at block 286500 release all currently stuck matched orders or will it be effective for new orders only?

Why not make sellers of BTC escrow their BTC as well, just like sellers of XCP have to escrow? Is this technically impossible?

At the very least, to check against their BTC balance before letting them place an order if BTC is actually available in their wallet. This doesn't stop them from making many small troll orders with small amounts, so escrow is still better if possible.

It is technically impossible to escrow BTC.

If someone doesn't want his order to be filled by a troll, he should raise his fee_required; the lower one's fee_required is, the cheaper it is for a troll to fill his order.
sr. member
Activity: 336
Merit: 260

So, if someone's order got stuck matched by this troll order, there is no way to get XCP back except to wait till the order expires as set by --expiration parameter? XCP will not be lost and get back to the owner again, not no quick way to get them back?

Yes (as set by the minimum of the expirations of the two matched orders). But that'll change with block 286500, after which only 10 blocks will ever be allowed for BTC payments to be made.

Will this change at block 286500 release all currently stuck matched orders or will it be effective for new orders only?

Why not make sellers of BTC escrow their BTC as well, just like sellers of XCP have to escrow? Is this technically impossible?

At the very least, to check against their BTC balance before letting them place an order if BTC is actually available in their wallet. This doesn't stop them from making many small troll orders with small amounts, so escrow is still better if possible.
full member
Activity: 238
Merit: 100
Quick question

It seems like i am not able to locate the bitcoin file in cd C:\Program Files (x86)\Bitcoin, however it exisits in cd C:\Program Files \Bitcoin



The intructions indicate that this file need be under x86 for indexing


input appreciated

You are probably in a 32 bit operating system.
Just use the one in C:\Program Files \Bitcoin
full member
Activity: 216
Merit: 100
XCP is not another altcoin. The key is to improve the Dex. Without a working reliable DEX, put it on more exchanges is just a pump and dump. It may make the early investors rich quickly, but never a real success. For those who have tens of thousands of XCP, I don't think you can liquidate all you holding by just pump and dump. A real DEX is a must.

I agree, its too early to list on a bunch of centralized exchanges, and that's really not the goal of the project anyways.

+1

For the long term viability we need to help the devs come out with a user friendly wallet and DEX so that the entry barrier is lowered. Not everyone is comfortable with command line and it is not very idiot proof either. If the least we can do is test the system, then that' what we must do and pass on the feedback in a manner that is consumable by the devs.

Secondly, there are stray enquirers by people who want to issue stocks, we must help these guys out. the more stocks that can be issued and sold on the platform means more people will automatically want XCP since they will need it to buy their preferred asset.

In case members of the community are not aware, there were two participants in the GUI bounty, and their submissions can be found here: https://forums.counterparty.co/index.php/topic,8.0.html
full member
Activity: 196
Merit: 100
XCP is not another altcoin. The key is to improve the Dex. Without a working reliable DEX, put it on more exchanges is just a pump and dump. It may make the early investors rich quickly, but never a real success. For those who have tens of thousands of XCP, I don't think you can liquidate all you holding by just pump and dump. A real DEX is a must.

I agree, its too early to list on a bunch of centralized exchanges, and that's really not the goal of the project anyways.

+1

For the long term viability we need to help the devs come out with a user friendly wallet and DEX so that the entry barrier is lowered. Not everyone is comfortable with command line and it is not very idiot proof either. If the least we can do is test the system, then that' what we must do and pass on the feedback in a manner that is consumable by the devs.

Secondly, there are stray enquirers by people who want to issue stocks, we must help these guys out. the more stocks that can be issued and sold on the platform means more people will automatically want XCP since they will need it to buy their preferred asset.
member
Activity: 82
Merit: 10
XCP is not another altcoin. The key is to improve the Dex. Without a working reliable DEX, put it on more exchanges is just a pump and dump. It may make the early investors rich quickly, but never a real success. For those who have tens of thousands of XCP, I don't think you can liquidate all you holding by just pump and dump. A real DEX is a must.

I agree, its too early to list on a bunch of centralized exchanges, and that's really not the goal of the project anyways.
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