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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 547. (Read 1276933 times)

hero member
Activity: 756
Merit: 502
I have this one registered and can turn it over:
http://www.reddit.com/r/XCPCounterparty/

Thanks very much, SyRenity, I've PMed you.

Added cityglut as moderator, seems there is no function to transfer "control" over registered sub-reddit.
hero member
Activity: 756
Merit: 502
How would it work? Say, an ASIC company X want to raise 1000BTC, say the current XCP/BTC is 0.005, they will issue their asset worth of 200000 XCP which is about 8% of the entire currency. Say, they successfully raise 200k XCP, now they want to convert to BTC to get fiat, oh the market is too shallow, and end up getting only 100BTC for 200k XCP.

XCP was born a few days ago, we don't have a fraction chance to get those big companies onboard, they will just laugh at our swamp attempt. We should focus on tiny IPOs until XCP is mature, like weed / mushroom, not to mention bugs.

The local ASIC developer is a small IPO candidate indeed, which AFAIK looks to raise between 500K - 1M.
If we can offer them solid model, it will be a great start for XCP.
newbie
Activity: 26
Merit: 0
I registered asset on main network few days ago.  How do I check if it was success?

blockscan.com shows "Invalid: insufficient funds"

I thought it would go away, but never did.
member
Activity: 118
Merit: 10
I created an order then sent bitcoins after seeing an order-match ID, however the order seems to have expired anyway.  I received no XCP from this trade according to Blockscan.

http://blockscan.com/order.aspx?q=3251

The expiration was set to 15, however the bitcoins were sent within 4 blocks.  

Can anyone assist?

What branch are you using?

I used git to clone what I believe is the master branch.  Prior to this trade yesterday I updated due to the bug with block 284193.

There are a few btcpays to invalid order match ids according to blockscan:
http://blockscan.com/btcpay.aspx

The bitcoins were definitely transacted...confirmed by blockchain.info.

Bump to this. I sold the XCP for that order, and did not get the BTC intended for the BTCpay. I don't know what account that BTC was sent to.

Another BTC sell order from that same order successfully processed though, so my order does work. Problem seems to be in the BTCpay matching.

The issue seems to be that order matches that existed in master didn't exist in develop, due to the recent changes in the rounding algorithms. I've updated master now.

Thanks. Since this (I believe) resulted in actual BTC lost by one or more parties, would it be advisable for all parties to manually reconcile these transactions? Of course this being bitcoin I can't force anyone to do anything.

Is there a way to reconcile the situation?  Or are my bitcoins irrecoverable due to the bug?
full member
Activity: 221
Merit: 100
Hey guys,

Once a gui client is in place, what kind of third party businesses/services do you guys think would be a nice compliment/most needed to the counterparty ecosystem? Is now even a good point to start predicting that?
Just wanted to kick around some ideas to get you guys thoughts on it.

Thx.
 
legendary
Activity: 1442
Merit: 1001
The reddit page registered by the Counterparty Team is reddit.com/r/counterparty_xcp

Important clarification:reddit.com/r/counterparty was not registered by the Counterparty team; it was registered by prophetx, who is the communications lead for Mastercoin; reddit.com/r/xcp was also not reigstered by the Counterparty team, and both of its moderators appear to be associated with Mastercoin, as well.

I have this one registered and can turn it over:
http://www.reddit.com/r/XCPCounterparty/

Thanks very much, SyRenity, I've PMed you.

The concern re: /r/xcp and /r/counterparty is not that their moderators may be Mastercoin investors, but that their statuses within Mastercoin (ProphetX as an employee and r00tdem0n and mavensbot as /r/mastercoin moderators) suggests very strongly that their position as moderators on Counterparty subreddits poses a serious conflict of interest, especially since, as far as I know, r00tdem0n and mavensbot have not been active participants on this bitcointalk thread.

I've registered XCPCounterParty.com (.net, .org, .info as well) and pointed it at the subreddit above. PM me and I can transfer it to the registrar of your choice, cityglut.
sr. member
Activity: 364
Merit: 264
I created an order then sent bitcoins after seeing an order-match ID, however the order seems to have expired anyway.  I received no XCP from this trade according to Blockscan.

http://blockscan.com/order.aspx?q=3251

The expiration was set to 15, however the bitcoins were sent within 4 blocks.  

Can anyone assist?

What branch are you using?

I used git to clone what I believe is the master branch.  Prior to this trade yesterday I updated due to the bug with block 284193.

There are a few btcpays to invalid order match ids according to blockscan:
http://blockscan.com/btcpay.aspx

The bitcoins were definitely transacted...confirmed by blockchain.info.

Bump to this. I sold the XCP for that order, and did not get the BTC intended for the BTCpay. I don't know what account that BTC was sent to.

Another BTC sell order from that same order successfully processed though, so my order does work. Problem seems to be in the BTCpay matching.

The issue seems to be that order matches that existed in master didn't exist in develop, due to the recent changes in the rounding algorithms. I've updated master now.

Thanks. Since this (I believe) resulted in actual BTC lost by one or more parties, would it be advisable for all parties to manually reconcile these transactions? Of course this being bitcoin I can't force anyone to do anything.
legendary
Activity: 876
Merit: 1000
Etherscan.io
Issue:
XCP not returned from escrow after cancellation of Order

http://blockscan.com/address.aspx?q=17PgVzRSSSjc2aN8Lyp1x9QayKzPzY2pKj

a) I placed a sell order for 250 XCP order
b) the order was matched by the engine, but the buyer did not make any payment yet.
c) I cancelled the order
d) I did not receive back the XCP from escrow

The Balance should be: 1432-400-200-200=632
Instead it is 382 XCP and 250 from Escrow is missing.

I know there was similar issue not sure what the resolution for that was. (I am on the latest build).


I see the correct sum, with all of the correct components, in the latest version of the develop branch. (And I see the correct sum in Blockscan.com, too, for that matter.)

On a similar note after an unfilled sell XCP order has expired, how do we get the XCP credited back?

Thanks

It gets credited automatically from my experience.

I am running the develop branch and I do not see this happening. From a PM from you, you mentioned running the "purge" command. however this this now throws an error.
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
I created an order then sent bitcoins after seeing an order-match ID, however the order seems to have expired anyway.  I received no XCP from this trade according to Blockscan.

http://blockscan.com/order.aspx?q=3251

The expiration was set to 15, however the bitcoins were sent within 4 blocks.  

Can anyone assist?

What branch are you using?

I used git to clone what I believe is the master branch.  Prior to this trade yesterday I updated due to the bug with block 284193.

There are a few btcpays to invalid order match ids according to blockscan:
http://blockscan.com/btcpay.aspx

The bitcoins were definitely transacted...confirmed by blockchain.info.

Bump to this. I sold the XCP for that order, and did not get the BTC intended for the BTCpay. I don't know what account that BTC was sent to.

Another BTC sell order from that same order successfully processed though, so my order does work. Problem seems to be in the BTCpay matching.

The issue seems to be that order matches that existed in master didn't exist in develop, due to the recent changes in the rounding algorithms. I've updated master now.
legendary
Activity: 1320
Merit: 1007
Issue:
XCP not returned from escrow after cancellation of Order

http://blockscan.com/address.aspx?q=17PgVzRSSSjc2aN8Lyp1x9QayKzPzY2pKj

a) I placed a sell order for 250 XCP order
b) the order was matched by the engine, but the buyer did not make any payment yet.
c) I cancelled the order
d) I did not receive back the XCP from escrow

The Balance should be: 1432-400-200-200=632
Instead it is 382 XCP and 250 from Escrow is missing.

I know there was similar issue not sure what the resolution for that was. (I am on the latest build).


I see the correct sum, with all of the correct components, in the latest version of the develop branch. (And I see the correct sum in Blockscan.com, too, for that matter.)

On a similar note after an unfilled sell XCP order has expired, how do we get the XCP credited back?

Thanks

It gets credited automatically from my experience.
legendary
Activity: 876
Merit: 1000
Etherscan.io
Issue:
XCP not returned from escrow after cancellation of Order

http://blockscan.com/address.aspx?q=17PgVzRSSSjc2aN8Lyp1x9QayKzPzY2pKj

a) I placed a sell order for 250 XCP order
b) the order was matched by the engine, but the buyer did not make any payment yet.
c) I cancelled the order
d) I did not receive back the XCP from escrow

The Balance should be: 1432-400-200-200=632
Instead it is 382 XCP and 250 from Escrow is missing.

I know there was similar issue not sure what the resolution for that was. (I am on the latest build).


I see the correct sum, with all of the correct components, in the latest version of the develop branch. (And I see the correct sum in Blockscan.com, too, for that matter.)

On a similar note after an unfilled sell XCP order has expired, how do we get the XCP credited back?

Thanks
legendary
Activity: 1442
Merit: 1001
My
Code:
Bitcoind -reindex
is still running after 24 hours...
Is this normal Huh  Huh Shocked Shocked
Mine ran for about 12 to 24 hours (on a machine with SSD drive).

I've been running mine for around 15 hours now on a VM w/ a 4 drive RAID 10 iSCSI array. Maybe it'll be done by tomorrow.
sr. member
Activity: 364
Merit: 264
I created an order then sent bitcoins after seeing an order-match ID, however the order seems to have expired anyway.  I received no XCP from this trade according to Blockscan.

http://blockscan.com/order.aspx?q=3251

The expiration was set to 15, however the bitcoins were sent within 4 blocks.  

Can anyone assist?

What branch are you using?

I used git to clone what I believe is the master branch.  Prior to this trade yesterday I updated due to the bug with block 284193.

There are a few btcpays to invalid order match ids according to blockscan:
http://blockscan.com/btcpay.aspx

The bitcoins were definitely transacted...confirmed by blockchain.info.

Bump to this. I sold the XCP for that order, and did not get the BTC intended for the BTCpay. I don't know what account that BTC was sent to.

Another BTC sell order from that same order successfully processed though, so my order does work. Problem seems to be in the BTCpay matching.
sr. member
Activity: 266
Merit: 250
Help and Love one another ♥
Allowing trading on the decentralized exchange without the need to instal bitcoind nor counterpartyd.
Seems nobody cared to even comment on my proposal of alternative trading gateway access.

I guess it will be just the DEX & GoogleDoc for now.
Until masterxchange, dgex or whoever else include XCP for easy trading (without install).

If missed it & interested, here is the link to my proposal.

Fast summary:
- "easy" manual order match, manual btcpay from outside [see the last/edit part]
- neat 1time send BTC = get XCP [need more work, see long first part]

I'll check my PM daily, but I will no longer diligently read every each post.
Busy AFK.

All the best to XCP & the community.



full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
Is there an API url to directly get the last DEX order match? I am going to put in a request to get added on coinmarketcap.com  Grin Grin
full member
Activity: 224
Merit: 100
CabTrader v2 | crypto-folio.com
mhhh.. baby. Look at that market cap 2648755.9218 ($13,079,556.74)  Shocked
member
Activity: 118
Merit: 10
I created an order then sent bitcoins after seeing an order-match ID, however the order seems to have expired anyway.  I received no XCP from this trade according to Blockscan.

http://blockscan.com/order.aspx?q=3251

The expiration was set to 15, however the bitcoins were sent within 4 blocks.  

Can anyone assist?

What branch are you using?

I used git to clone what I believe is the master branch.  Prior to this trade yesterday I updated due to the bug with block 284193.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
unluckily I do not have contact to any miners - do you guys have?

I'm holding some AM shares (not sure though if enough for friedcat to listen to me Sad ), and can get ourselves introduced to bitfury, to jasinlee (fibonacci.io scrypt asics - who actually doing IPO these days!) and to local ASIC maker (who might be interested to do IPO).

Can we prepare any specific "official" proposal for them?

How would it work? Say, an ASIC company X want to raise 1000BTC, say the current XCP/BTC is 0.005, they will issue their asset worth of 200000 XCP which is about 8% of the entire currency. Say, they successfully raise 200k XCP, now they want to convert to BTC to get fiat, oh the market is too shallow, and end up getting only 100BTC for 200k XCP.

XCP was born a few days ago, we don't have a fraction chance to get those big companies onboard, they will just laugh at our swamp attempt. We should focus on tiny IPOs until XCP is mature, like weed / mushroom, not to mention bugs.
newbie
Activity: 26
Merit: 0
And here's a HEADS UP for an unanswered question on Counterparty in the Alternate currencies section -- a great opportunity to engage some more folks. We need a few people setting up Google Alerts for Counterparty / XCP etc, on bitcointalk and maybe elsewhere.

I'm very interested in the new Counterparty technology given the successful burn period of XCP.  I've been reading everything I can find on it, and I understand how it's an information layer built on top the BTC protocol, and can be used for betting and issuing "shares", etc.  However I'm still foggy on a lot of details and I can't seem to find a clear, dummies style explanation of the tech.  Could someone help an idiot like me with some basic questions?

One thing I don't understand is how the value of an individual unit of XCP is determined.  I know right now it's trading at a certain amount relative to BTC based on scarcity since the burn period is over.  Down the road will it trade on utility (i.e. I need one intact unit of XCP to issue shares in my company) or will the value be determined by the assets that it backs?
sr. member
Activity: 476
Merit: 300
Counterparty Chief Scientist and Co-Founder
Issue:
XCP not returned from escrow after cancellation of Order

http://blockscan.com/address.aspx?q=17PgVzRSSSjc2aN8Lyp1x9QayKzPzY2pKj

a) I placed a sell order for 250 XCP order
b) the order was matched by the engine, but the buyer did not make any payment yet.
c) I cancelled the order
d) I did not receive back the XCP from escrow

The Balance should be: 1432-400-200-200=632
Instead it is 382 XCP and 250 from Escrow is missing.

I know there was similar issue not sure what the resolution for that was. (I am on the latest build).


I see the correct sum, with all of the correct components, in the latest version of the develop branch. (And I see the correct sum in Blockscan.com, too, for that matter.)

Is it a good idea to allow the seller to cancel a matched but unpaid order?

What if the seller cancels and the buyer sends payment in the same block? Depending on the ordering of the timestamps would the buyer lose his coins if the btcpay is later than the cancel? Or does counterpartyd parse the entire block, pick up the btcpay, and ignore the earlier cancel?

One cannot cancel an order match, and all transactions are parsed by the order of blocks and their order within a block.
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