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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 510. (Read 1276912 times)

hero member
Activity: 672
Merit: 500
newbie
Activity: 24
Merit: 0
Some serious volume over at poloniex!

Fireworks haven't started yet
hero member
Activity: 588
Merit: 504
Noobie question here:
I own a couple hundred of those XCPs, but they are linked to my BTC paper wallet in which I also have some BTC.
Now, I am not in a hurry to get neither of those out of the paper wallet, but if I were to do so, what would be the proper procedure to not lose anything?
Thanks for your time.

I believe you can simply import the private key (sweep) into a running Bitcoin-QT client with Counterpartyd side-by side when you are ready.  

It may also be possible with the forthcoming counterwallet, which is a web-wallet front end to counterwalletd, talking to counterpartyd back-end, but don't quote me on that
sr. member
Activity: 406
Merit: 250
Some serious volume over at poloniex!
sr. member
Activity: 294
Merit: 250
Noobie question here:
I own a couple hundred of those XCPs, but they are linked to my BTC paper wallet in which I also have some BTC.
Now, I am not in a hurry to get neither of those out of the paper wallet, but if I were to do so, what would be the proper procedure to not lose anything?
Thanks for your time.
sr. member
Activity: 406
Merit: 250
full member
Activity: 238
Merit: 100
Current reward for burning 1 btc? Will this coin remain scarce?

Do not burn any more BTC, burn period is over weeks ago. If you need to get some hands on counterparty checkout, the distributed marketplace or https://poloniex.com/exchange/btc_xcp.

Distributed Exchange:
http://blockscan.com/order_book.aspx
(This is the very first Distributed Exchange created on top of the Bitcoin platform).

Stock issuance and Dividend payments on top of the Counterparty platform
http://www.blockscan.com/assetInfo.aspx?q=MPTSTOCK


Other useful sites:
https://counterparty.co/
hero member
Activity: 588
Merit: 504
Current reward for burning 1 btc? Will this coin remain scarce?

The burn period is over.

Buy orders via centralised exchange (poloniex) is currently at 0.01BTC per XCP meaning 100 XCP for every 1BTC.

XCP has a fixed supply of no more than 2,648,756 XCP. This would not increase day to day, month to month or year to year, because there is no concept of  proof-of-work mining to introduce fresh coins to the supply on regular intervals (and therefore inflate- Bitcoin would need approx 2.3 million $ of fresh income per 24hours in order to maintain it's current price level, XCP does not need to compensate miners ). This number could only ever decrease. (for example, with loss of private keypairs) so to answer your question, yes this coin has scarcity-value if that is what interests you.

The real excitement will come when we begin to see web wallets, dramatically lowering the barrier to entry. real use of decentralised aspects of exchange, for example an asset issuer taking advantage of this mechanism
sr. member
Activity: 281
Merit: 250
Current reward for burning 1 btc? Will this coin remain scarce?

The burn period is over. Try out the distributed exchange! It says on page one. I was late to discover this, too.
https://bitcointalksearch.org/topic/m.4271279
sr. member
Activity: 406
Merit: 250
Current reward for burning 1 btc? Will this coin remain scarce?
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Yeah, no hype. True, but we need to market to bring many people on board.

I want create a divisible asset from scratch (burning a small amount of BTC is fine). Can someone help me in PM? I have Windows 7 ATM...

This is the better way to bring people, through usage.
Marketing has the tendency to create unmet expectations.
newbie
Activity: 17
Merit: 0
What happens when all btc are burnt? How does xcp work then?
hero member
Activity: 579
Merit: 500
CoinQuacker
Yeah, no hype. True, but we need to market to bring many people on board.

I want create a divisible asset from scratch (burning a small amount of BTC is fine). Can someone help me in PM? I have Windows 7 ATM...
newbie
Activity: 24
Merit: 0
What makes this so special?

Counterparty is a community created protocol, which allows anyone to make and use decentralized financial assets that utilize the bitcoin protocol as a transport layer in order to provide the following functionalities:

- Distributed exchange
- Financial derivatives
- User created assets
- Dividends
- Betting

Counterparty differs from projects that hope to eventually offer a similar functionality because:

- Fully functioning - We are live.
- No IPO -  Counterparty is a currency, not a corporation.
- No funding - Donation driven.
- No corporate ties -  Free from outside influences.
- No fees - Free to use.
- No hype - The technology speaks for itself.
- Anonymous creators - Focus is on the protocol.
- Fair initial distribution - Risk and opportunity were shared equally.
- Development speed - Created from scratch in about a month.
- Open source - Anyone can add additional functionality.

+1

Yeah, no hype. True, but we need to market to bring many people on board.
full member
Activity: 259
Merit: 100
sr. member
Activity: 390
Merit: 254
Counterparty Developer
thank you again for your help.
when i run it as a non root user it still says:
http://gyazo.com/7e7482dfbbee8b28a88be00a74028ff5
what could cause this?

pp xnova cityiglut biggest fish anyone?

You are running the command with "sudo", which means that you are effectively running it as root. Don't type "sudo" before the command.
sr. member
Activity: 364
Merit: 264

Where can I buy counterparty?

Centralized (best for newbies): https://www.poloniex.com/exchange
Decentralized (best if you already have some): install counterpartyd, and view the order list: http://www.blockscan.com/order_book.aspx

(wow, triple post).
hero member
Activity: 588
Merit: 504

Where can I buy counterparty?

The 'true' way is to buy via the DEX, which currently requires installing Bitcoin-QT and counterpartyd
an easier way for new users is to use a centralised exchange. Poloniex lists XCP here https://www.poloniex.com/exchange/btc_xcp
hero member
Activity: 672
Merit: 500
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