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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 568. (Read 1276981 times)

legendary
Activity: 882
Merit: 1002
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
sr. member
Activity: 448
Merit: 250
black swan hunter
hero member
Activity: 756
Merit: 502
So is there a way/place/thread to buy and sell XCP/BTC ? Or are we going to setup a google doc now like early days of mastercoin ? Should we set it up now that the burn is over ?
Do people need to run the counterpartyD to send XCP ? I assume they don't need it to recieve XCP.

I guess we can contact pouncer or maxmint, they already have experience running the order book and doing escrows for MSC.
newbie
Activity: 115
Merit: 0
Don't always assume long term success, sell some during the initial demand hype, and keep the rest.

I am looking to buy PM me.
newbie
Activity: 11
Merit: 0
Damn! Is it too late to join the countyparty burn up? Need some XCP in my life, this development sounds amazing! How can I get on board?


100 XCP for 5btc PM me

If 0.01BTC/XCP, 5BTC?!
legendary
Activity: 1176
Merit: 1134
Ok, xcp market price is established at .01 btc
Over 4btc sold and going fast
It seems a lot of people didnt burn
I asked in nxt forum for adding support of xcp/btc and xcp/nxt, hopefully one of the exchanges will add xcp

Now that initial market price is established, now it is time to better communicate what xcp can do.
I am willing to write text for wiki, but i am still very unclear on the betting, dividends, etc

Is there any clear description on all the cool things xcp does? I think distributed exchange is nice, but more mileage out of the unique features as there will be no resistance to go up against

James
hero member
Activity: 756
Merit: 502
I think you're wrong:

MSC: $128,000,000 marketcap / 560,000 coins = $228/coin

XCP: $128,000,000 marketcap / 2,650,000 coins = $48/coin

Assuming the same initial marketcap.

So we already can say, XCP is the silver of MSC (while actually delivering working code already)?
newbie
Activity: 11
Merit: 0
I would like to buy some counterparty coins.  PM if you have some for sale.

+1, looking to buy some XCP if any for sale, pm me.
legendary
Activity: 1400
Merit: 1000
Damn! Is it too late to join the countyparty burn up? Need some XCP in my life, this development sounds amazing! How can I get on board?


100 XCP for 5btc PM me
newbie
Activity: 24
Merit: 0
I would like to buy some counterparty coins.  PM if you have some for sale.
newbie
Activity: 17
Merit: 0

Judging by the hundreds of BTC that were burned in the last hours of the burn period, the market price is probably higher than 1000 XCP/BTC.

One way to think of it is: if the burn period was still open and the return for burning 1 BTC is now 900 XCP, would people still burn? What about 800 XCP? 100 XCP?

I think people would stop burning somewhere between 1000 XCP and 100 XCP for now. It's up to the market to figure out what that cutoff point is.

Damn good point!

I also think well see sth. in between, price rising slowly with time until a client with GUI shows up.

Then god olny knows...  Grin
newbie
Activity: 11
Merit: 0
Damn! Is it too late to join the countyparty burn up? Need some XCP in my life, this development sounds amazing! How can I get on board?
member
Activity: 114
Merit: 10
Is there a simple way to confirm my XCP balance?  I am reindexing my BTC wallet and still having technical problems with Counterparty but would like to have some peace of mind that my burn worked and what # of XCP I received.
hero member
Activity: 602
Merit: 500
I just want to remind burners that your 1XCP worth 0.02BTC now whatever compared with Mastercoin.Don't sell now.It will give you bigger surprise soon!
hero member
Activity: 1050
Merit: 506
which is the simplest way to buy XCP?
sr. member
Activity: 421
Merit: 250
 
Correct me if I'm wrong... but this is what I'm seeing.

Mastercoin @ launch had a marketcap of ~$128 million with 560,000 coins all rough numbers. That's $228 USD per Coin. Mastercoin was sold during IPO @ 100 per BTC which in todays BTC value is like $8 per coin. That's 28,500% increase aka.. wow. So just a newb estimate you'd divide 2,600,000 / 560,000 = 4.64

So $228 / 10 / 4.64 would put XCP @ $4.91 / coin
Many would consider this estimate based on nothing solid, which is fine, I'm just saying for spec.



Seems the most correct estimate so far. After that, let's the market decide. And like always, the more volume, the better.


Will buy 5BTC worth of XCP at this rate
legendary
Activity: 882
Merit: 1002
I think people would stop burning somewhere between 1000 XCP and 100 XCP for now. It's up to the market to figure out what that cutoff point is.
True. I agree.
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
Regarding Counterparty's development, we've come up with what we think are good guidelines specifying the limited role of the core Counterparty team vs. that of the Counterparty community at large. We'd love for members of the community to review and comment on this as we see this statement, once approved by our team and the majority of the community, as serving as the guiding principles of the Counterparty project as a whole.

Counterparty Project Principles

Members of the community have burned or otherwise invested their funds into the success of the project.  The core development team will produce and maintain the reference client(s), official website and protocol specification. The community will self-organize and produce products, services, and businesses around these tools, as well as their own.

As a member of the community, you are encouraged to:

  • Freely create useful applications around Counterparty technology and be compensated accordingly as people use your product or service.
  • Be proactive and take initiative around the Counterparty protocol and in the community which will collectively be evidenced by a rising XCP value.
  • Promote innovation by cooperating, sharing and collaborating with other community members.


Well Said Cityglut

Continue to incorporate knowledge & wisdom in all you do.



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