Is the win64 Installer up to date? I cant get past block 280518. Maybe somone can upload the database file?
Thanks. I really want to burn. Cant get past this error for 3 days now.
Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 609. (Read 1276933 times)
January 17, 2014, 10:21:07 AM
January 17, 2014, 09:53:13 AM
LOL at people having destroyed a million coins and now realizing this is an ALPHA product that maybe won't make them millionaires. It might even (gasp!) lose you money! No refunds! Maybe if you pray hard enough God will give you the private key to 1CounterpartyXXX!
All Bitcoin sent to the Counterparty address are lost forever. No way to take them back. No refund. No after-sales service.
There is few people that actually believe in the potential of XCP, let me estimate... 21BTC. The rest are going to be disappointed.
January 17, 2014, 09:34:38 AM
Guys, chill out!!
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
Hahaha great irony.
Seriously people, if you don't really believe in that coin and here to make a quick profit, think twice before burning your BTC.
This is not gonna be like Nxt. No millionaire here. You probably going to loose half of your investment if too many people want to cash out.
I believe in XCP, that's the reason I'm investing. I also didn't say anything about quick profit.
All I said is that I believe in its success + profit, without specifying a time period.
January 17, 2014, 09:26:59 AM
There will be a few millions XCP generated, so don't except an overnight jump like NXT or MSC.
IMO, its the fairest project, though, so I am burning (or at least I will after the bug is fixed).
IMO, its the fairest project, though, so I am burning (or at least I will after the bug is fixed).
I agree XCP is fair but that also mean that you could loose money right after the IPO so don't burn too much.
January 17, 2014, 09:12:39 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
There is already 60 times more Bitcoins invested in XCP than there was in Nxt. Considering that most people invest to make a quick profit : this is not gonna work !
The profit from the people that invested early in Nxt was about 50 times (like me). We may have 100 times more BTC invested in XCP.
People may loose money
Yes. The risk is becoming more as the burned coin increase. The new burner may have great risk now.
Every burners have lower stakes when new burners coming in. The only solution to keep the your percentage stake is to burn more. Since XCP functionality is very similar to mastercoin and it even has the codes compared to the vaporware in mastercoin, I don't see why XCP should not be valued at least half of Mastercoin market price.
Fair XCP market cap valuation should be at 1/2 mastercoin market cap which is at 60 million$ right now.
BTW: can anyone estimate how many days more until the burning is over ?
Even so, it also need much time (maybe 2-3years)to get the market cap since so many XCP coins have been created. Also donn't forget the possibility of failure of the XCP project.
January 17, 2014, 09:03:27 AM
There will be a few millions XCP generated, so don't except an overnight jump like NXT or MSC.
IMO, its the fairest project, though, so I am burning (or at least I will after the bug is fixed).
IMO, its the fairest project, though, so I am burning (or at least I will after the bug is fixed).
January 17, 2014, 08:58:42 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
There is already 60 times more Bitcoins invested in XCP than there was in Nxt. Considering that most people invest to make a quick profit : this is not gonna work !
The profit from the people that invested early in Nxt was about 50 times (like me). We may have 100 times more BTC invested in XCP.
People may loose money
Yes. The risk is becoming more as the burned coin increase. The new burner may have great risk now.
Every burners have lower stakes when new burners coming in. The only solution to keep the your percentage stake is to burn more. Since XCP functionality is very similar to mastercoin and it even has the codes compared to the vaporware in mastercoin, I don't see why XCP should not be valued at least half of Mastercoin market price.
Fair XCP market cap valuation should be at 1/2 mastercoin market cap which is at 60 million$ right now.
BTW: can anyone estimate how many days more until the burning is over ?
January 17, 2014, 08:54:03 AM
Guys, chill out!!
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
Joke!!!
January 17, 2014, 08:52:11 AM
Guys, chill out!!
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
Hahaha great irony.
Seriously people, if you don't really believe in that coin and here to make a quick profit, think twice before burning your BTC.
This is not gonna be like Nxt. No millionaire here. You probably going to loose half of your investment if too many people want to cash out.
January 17, 2014, 08:49:47 AM
Guys, chill out!!
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
I'm pretty sure there will be a very positive ROI in XCP.
People are already talking about 1BTC = 10XCP.
XCP is the first from all!! to have a decentralized biuld-in market.
January 17, 2014, 08:38:31 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
There is already 60 times more Bitcoins invested in XCP than there was in Nxt. Considering that most people invest to make a quick profit : this is not gonna work !
The profit from the people that invested early in Nxt was about 50 times (like me). We may have 100 times more BTC invested in XCP.
People may loose money
Yes. The risk is becoming more as the burned coin increase. The new burner may have great risk now.
January 17, 2014, 08:23:12 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
There is already 60 times more Bitcoins invested in XCP than there was in Nxt. Considering that most people invest to make a quick profit : this is not gonna work !
The profit from the people that invested early in Nxt was about 50 times (like me). We may have 100 times more BTC invested in XCP.
People may loose money
January 17, 2014, 08:20:24 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
In other words, the new burner is giving money to the earlier burner!!! The new burner from now may become loss!!!
January 17, 2014, 07:46:10 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Also this may indicate a broader adoption, and greater implementation depth.
Scarcity is less important than utility when assessing value.
January 17, 2014, 07:37:41 AM
Hi PhantomPhreak/xnova
I have noticed that duplicate ASSETs were allowed to be created. Please see http://blockscan.com/asset.aspx.
You will notice that the duplicate asset names for "SPACE" and "NEXT" both were created by the same issuer. Wouldn't this lead to confusion?
Cheers
I have noticed that duplicate ASSETs were allowed to be created. Please see http://blockscan.com/asset.aspx.
You will notice that the duplicate asset names for "SPACE" and "NEXT" both were created by the same issuer. Wouldn't this lead to confusion?
Cheers
Those aren't duplicate issuances, but rather cumulative (with a max of 2^63 - 1).
EDIT: I just tweaked this.
Noted. Any updates on when the "ImportError: No module named 'apsw'" issue will be fixed?
January 17, 2014, 07:24:50 AM
Agree!!!:
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
More people burn now means less chance to get more than 10x return like Mastercoin in short time.
Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.
For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.
Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).
January 17, 2014, 07:05:47 AM
im thinking 1 xcp should at least get to the 3 - 4 mBTC range
Your want it to be or you think it will be? If latter, may I know your reason?EDIT: it's a honest question. I really want to read some analysis with data.
Something like how many new IPOs per month in Havelock, how many new bets in bitbet and how much XCP it needs if we have similar popularity.It needs none of those things to go that high or higher. All it needs is a whale who burned hundreds of BTC to corner the market and a trollbox screaming about the latest and greatest thing you must buy!! Seriously, the market cap of most crytpo assets are inflated and manipulated. Mark my words, the second there is an easy to use, bug free windows client and the burn period has ended, you will hear nothing but "XCP to the moon!!" for weeks in the trollbox, wouldn't surprise me if it hit .01 BTC
January 17, 2014, 06:23:13 AM
im thinking 1 xcp should at least get to the 3 - 4 mBTC range
Your want it to be or you think it will be? If latter, may I know your reason?He is just hoping I guess. I will start doing the same too once I have burned my BTC. By the time burning is over, there may be 3-4 million XCPs so I doubt there will be an immediate price hike. I do like it coz the devs seem to be approaching the right way (unlike NXT or MSC).
It was working fine yesterday. However, today it refused to run claiming some module is missing so I deleted everything and starting from scratch. I am a total noob here too and thanks to all who kept replying and helping me set it up.
EDIT: When I send from the command line, it just says from address and amount. Where is the fee?
EDIT2: Its not running. Says Import Error: No module named 'apsw'
Btw, how do you copy from cmd? Its a pain typing in errors manually in here.
Neat
Well, heres the error then:
C:\counterpartyd_build>C:\python33\python.exe run.py
Traceback (most recent call last):
File "C:\counterpartyd_build\dist\counterpartyd\counterpartyd.py", line 11, in
import apsw
ImportError: No module named 'apsw'
January 17, 2014, 06:18:45 AM
im thinking 1 xcp should at least get to the 3 - 4 mBTC range
Your want it to be or you think it will be? If latter, may I know your reason?He is just hoping I guess. I will start doing the same too once I have burned my BTC. By the time burning is over, there may be 3-4 million XCPs so I doubt there will be an immediate price hike. I do like it coz the devs seem to be approaching the right way (unlike NXT or MSC).
It was working fine yesterday. However, today it refused to run claiming some module is missing so I deleted everything and starting from scratch. I am a total noob here too and thanks to all who kept replying and helping me set it up.
EDIT: When I send from the command line, it just says from address and amount. Where is the fee?
EDIT2: Its not running. Says Import Error: No module named 'apsw'
Btw, how do you copy from cmd? Its a pain typing in errors manually in here.
January 17, 2014, 06:14:07 AM
Hi PhantomPhreak/xnova
I have noticed that duplicate ASSETs were allowed to be created. Please see http://blockscan.com/asset.aspx.
You will notice that the duplicate asset names for "SPACE" and "NEXT" both were created by the same issuer. Wouldn't this lead to confusion?
Cheers
I have noticed that duplicate ASSETs were allowed to be created. Please see http://blockscan.com/asset.aspx.
You will notice that the duplicate asset names for "SPACE" and "NEXT" both were created by the same issuer. Wouldn't this lead to confusion?
Cheers
Those aren't duplicate issuances, but rather cumulative (with a max of 2^63 - 1).
If Issuance takes only a small mining fee, is there a possibility that some malicious users may abuse it?
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