I keep seeing people incorrectly quoting XCP @ 0.01 BTC as "half of mastercoin"
This is off by a power of 10. Mastercoin is valued @ around 0.1 BTC right now
If XCP was "half" mastercoin it would be about 0.05 BTC per XCP, or about
5 times what some are saying it is right now.
Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 564. (Read 1276981 times)
February 03, 2014, 12:38:19 AM
February 03, 2014, 12:36:25 AM
Note to self we're still in alpha and there will be bugs so don't play with more than you can lose 
Thanks
As long as the order is not matched by others, there's no problem. I think the bug can be fixed later, and your XCP will be back because you balance only depends on how the client parses the blockchain. It only gets messy when a cancelled order is still considered valid and get matched by others.
However, it's better to be confirmed by the developers.
However, it's better to be confirmed by the developers.
Thanks
February 03, 2014, 12:34:13 AM
As long as the order is not matched by others, there's no problem. I think the bug can be fixed later, and your XCP will be back because you balance only depends on how the client parses the blockchain. It only gets messy when a cancelled order is still considered valid and get matched by others.
However, it's better to be confirmed by the developers.
However, it's better to be confirmed by the developers.
February 03, 2014, 12:33:13 AM
I just cancelled an order, but didn't get my XCP back 
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
I would have probably been more at ease if it was fulfilled, only because I don't know where that 2248 XCP went. It didn't get returned.
I am thinking it may get returned after the expiration. Which should be tomorrow.
No, thats why I cancelled the order.
Actually you are not the only one.. I have had cancelled orders but with no coins returned when I attempted this much earlier on
Did you report this? I hope I didn't take a loss by bug. It seems the order gets cancelled and the xcp deleted instead of returned
No ... But you should because my amount was relatively small and I was working through other issues like the client crashing midway .. Which phantomphreak will fix by the in the next commit. (Tq)
February 03, 2014, 12:32:02 AM
IMHO... After seeing this played out so many times over the years, any kind of full featured centralized exchange I.e cryptsy, etc at this point (so quickly after the burn) of time would be the death of this coin as far as the exchange rate is concerned. Unlike nxt and mastercoin, you have a relatively fair distribution and large float, and most will dump as fast as they burned.
Cheers
I wouldn't be so sure. Trades are happening at .01 BTC, which is roughly half mastercoin valuation. Does mastercoin have betting? Does mastercoin have dividends? I don't know, I can't really understand their website.Cheers
The valuation question is currently what discount/premium to mastercoin valuation XCP should be trading at. With XCP's technical lead and presumed feature set advantage, a 50% discount for XCP just seems like a good deal for new investors. It would be good if XCP burners dumped at 50% discount to mastercoin.
Then a lot of new investors will make decent profits.
Also, most people have 1500 XCP or less. Why would they get all excited to make a few bucks when XCP hasn't even finished the basic tech deployment of GUI, Mac support!, wiki, etc?
Oh, I forgot about PR. XCP has been in stealth mode and because of that, all the XCP burners got a nice deal. What happens when Howard Stern sets a barrel of cash on fire and starts screaming, counterparty, counterparty!!
James
February 03, 2014, 12:29:33 AM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
I would have probably been more at ease if it was fulfilled, only because I don't know where that 2248 XCP went. It didn't get returned.
I am thinking it may get returned after the expiration. Which should be tomorrow.
No, thats why I cancelled the order.
Actually you are not the only one.. I have had cancelled orders but with no coins returned when I attempted this much earlier on
Did you report this? I hope I didn't take a loss by bug. It seems the order gets cancelled and the xcp deleted instead of returned
February 03, 2014, 12:28:41 AM
Hi all,
xnova has thrown up a technical support thread on the official forum for those who are having problems with the counterpartyd build system: https://forums.counterparty.co/index.php/topic,13.0.
I think the organization the new forum provides will really help the devs more effectively deal with bugs.
xnova has thrown up a technical support thread on the official forum for those who are having problems with the counterpartyd build system: https://forums.counterparty.co/index.php/topic,13.0.
I think the organization the new forum provides will really help the devs more effectively deal with bugs.
February 03, 2014, 12:26:20 AM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
I would have probably been more at ease if it was fulfilled, only because I don't know where that 2248 XCP went. It didn't get returned.
I am thinking it may get returned after the expiration. Which should be tomorrow.
No, thats why I cancelled the order.
Actually you are not the only one.. I have had cancelled orders but with no coins returned when I attempted this much earlier on
February 03, 2014, 12:24:55 AM
1. Do I need to re-index ?
- My Bitcoin QT is synced I assumed that was enough ?
need txindex=1 in bitcoin.conf, you may need to reindex if it's not there
February 03, 2014, 12:24:21 AM
IMHO... After seeing this played out so many times over the years, any kind of full featured centralized exchange I.e cryptsy, etc at this point (so quickly after the burn) of time would be the death of this coin as far as the exchange rate is concerned. Unlike nxt and mastercoin, you have a relatively fair distribution and large float, and most will dump as fast as they burned.
Cheers
Cheers
February 03, 2014, 12:18:24 AM
If someone can help me get setup with counterpartyd, I'll be glad to do a screen recording and put it on youtube as a reference for everyone.
1. Do I need to re-index ?
- My Bitcoin QT is synced I assumed that was enough ?
2. Do I need bitcoin on my address for each transaction and is the miner fee applied automatically ?
- If not sent with miner fee, I assume I can kiss the transaction good bye ?
3. Do I need to import the private keys from my blockchain.info wallet into QT before using counterpartyd on the command line to send xcp ? Can I just send as long as I have the address and private key ?
1. Do I need to re-index ?
- My Bitcoin QT is synced I assumed that was enough ?
2. Do I need bitcoin on my address for each transaction and is the miner fee applied automatically ?
- If not sent with miner fee, I assume I can kiss the transaction good bye ?
3. Do I need to import the private keys from my blockchain.info wallet into QT before using counterpartyd on the command line to send xcp ? Can I just send as long as I have the address and private key ?
February 03, 2014, 12:10:15 AM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
I would have probably been more at ease if it was fulfilled, only because I don't know where that 2248 XCP went. It didn't get returned.
I am thinking it may get returned after the expiration. Which should be tomorrow.
No, thats why I cancelled the order.
February 03, 2014, 12:09:13 AM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
I would have probably been more at ease if it was fulfilled, only because I don't know where that 2248 XCP went. It didn't get returned.
I am thinking it may get returned after the expiration. Which should be tomorrow.
February 03, 2014, 12:01:50 AM
Quote
Since I am having a similar problem, lets work as a team to solve it!
I am wondering if perhaps the problem is that the instructions are missing a step for the Windows Installation. For example, if you look at the Linux Installation instructions it has a section "Installing" and then a section "Creating a default config" and then a final section "Running from Source".
But in the instructions for the Windows Installation the step "Creating a default config" seems to be missing. Was it forgotten accidentally, perhaps?
I am wondering if perhaps the problem is that the instructions are missing a step for the Windows Installation. For example, if you look at the Linux Installation instructions it has a section "Installing" and then a section "Creating a default config" and then a final section "Running from Source".
But in the instructions for the Windows Installation the step "Creating a default config" seems to be missing. Was it forgotten accidentally, perhaps?
You should be able to update the bitcoin config with instructions from here
http://counterpartyd-build.readthedocs.org/en/latest/SettingUpBitcoind.html
and details of the xcp config can be found here
http://counterpartyd-build.readthedocs.org/en/latest/AdditionalTopics.html#editing-the-config
February 02, 2014, 11:58:24 PM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
I would have probably been more at ease if it was fulfilled, only because I don't know where that 2248 XCP went. It didn't get returned.
I am thinking it may get returned after the expiration. Which should be tomorrow.
February 02, 2014, 11:56:18 PM
I can't find the config file ... sigh...
C:\Users\Owner\AppData\Roaming
you will see Bitcoin & Counterparty folders there. Conf files will be in there respectively
I really appreciate the help, but all i see is
Folders
Blocks
chainstate
database
Files
.lock
db.log
debug.log
peers.dat
wallet.dat
Sounds like you have not set up your config files which probably means you have not yet reindexed the bitcoin block chain either
http://counterpartyd-build.readthedocs.org/en/latest/ Follow instructions from here
Since I am having a similar problem, lets work as a team to solve it!
I am wondering if perhaps the problem is that the instructions are missing a step for the Windows Installation. For example, if you look at the Linux Installation instructions it has a section "Installing" and then a section "Creating a default config" and then a final section "Running from Source".
But in the instructions for the Windows Installation the step "Creating a default config" seems to be missing. Was it forgotten accidentally, perhaps?
February 02, 2014, 11:55:50 PM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
James
February 02, 2014, 11:49:14 PM
I just cancelled an order, but didn't get my XCP back
Still looking for help on this one.
I had the 2248 XCP order open, but I cancelled it, but the funds never returned to my wallet.
https://blockchain.info/tx/f87037291c072a68faf5853a25d90811d2b2451c8f9279673c008178650c5463
February 02, 2014, 11:44:51 PM
Anybody working on securing Cryptsy adoption?
Why do we need a centralized exchange? Once the gui client for counterparty is released should we not be able to trade BTC/XCP directly there? If we can put out a user friendly working decentralized exchange out there that, ahead of the likes of nxt and mastercoin, it will be a huge incentive for people to use our system and we should benefit from the price as well.
Secondly, central exchanges like cryptsy will be able to added bitcoin forked projects quickly but setting up 2.0 coins will be harder because they will have the write more code for it.
Good point, but it's all about bootstrapping. How many people have heard of Counterparty, know where to go to download the client, how to use it, have a full bitcoin blockchain (as opposed to multibit,etc)? How many people have heard of Cryptsy and use it regularly? It's a great way to bring new users in.
Also curious, I know of the bounty for creating the desktop GUI client. Do we know if anyone is currently working on one? (Sorry, I came to the party late and haven't gone through the first 60 or so pages yet. Feel free to school me!)
February 02, 2014, 11:41:40 PM
Anybody working on securing Cryptsy adoption?
Why do we need a centralized exchange? Once the gui client for counterparty is released should we not be able to trade BTC/XCP directly there? If we can put out a user friendly working decentralized exchange out there that, ahead of the likes of nxt and mastercoin, it will be a huge incentive for people to use our system and we should benefit from the price as well.
Secondly, central exchanges like cryptsy will be able to added bitcoin forked projects quickly but setting up 2.0 coins will be harder because they will have the write more code for it.
At some point we will want a path from XCP -> fiat. Getting on a centralized exchange not only allows new blood to come into the XCP world, but also to convert XCP for fiat.
Likely the web wallet will be completed soon and a mac wallet available much before an exchange like cryptsy takes out the time to integrate XCP
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