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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 61. (Read 1276786 times)

legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I think since at least 10 hours the wallet servers are offline. What's wrong with that? No announcement here?

And I only found out now that you can't trade shares against bitcoin. Which means you have to create orders in xcp, which in turn means you constantly would have to check the prices of xcp to bitcoin and from bitcoin to fiat. Not funny.

I have heard about the problems with the bitcoin implementation and honestly I don't understand why the implementation was done with a timelock. Makes no sense for me for something that started to be an exchange.

I heard too that you might be able to trade in bitcoin but only through third party websites. Which means trusting them. Well, I would not need counterparty for that. I could use a normal exchange. I have to trust these too and we know how this turns out.

At least I heard that there are works done on a new implementation. Can't believe that this was not done correctly from the start. So now when I want to trade shares I have to constantly watch prices? I awaited better.

I was quite impressed of the really easy and intuitive design of xcp. But this is not cool. At least dividends can be paid out in bitcoin. But trading is a very important part of holding a share.

I wonder if someone official reads this at all...
sr. member
Activity: 421
Merit: 250
I haven't seen much going on here, is this project going anywhere? The price looks sweet at this moment in time and I would consider investing if I knew that the project is alive and moving forward.
newbie
Activity: 19
Merit: 0
member
Activity: 150
Merit: 29
Happy mother of 5 children
Quote

Hi i noticed that you are doing javascript implementation.
Is there anyway Counterparty and LISK ( Dapp currency for Javascript & Node Dapps https://bitcointalksearch.org/topic/annlsk-lisk-blockchain-application-platform-for-javascript-developers-1346646) could compliment eachother.
Furthermore i don't think there is an issue with counterparty 2 if we could trade in counterparty tokens for counterparty 2 tokens.


I'm not familiar with LISK but it could be very interesting to work on an integration Wink
hero member
Activity: 647
Merit: 510
Counterpartying
If Smart Contracts someday coming working with Counterparty. Are that possible do XAsset backet by BTC and XAsset backet with XCP assets where backer doesn't have control for BTC/XCP and all exchange happen inside Bitcoin blockchain?

Yeah. You can do backed assets now if you'd like.
member
Activity: 64
Merit: 10
If Smart Contracts someday coming working with Counterparty. Are that possible do XAsset backet by BTC and XAsset backet with XCP assets where backer doesn't have control for BTC/XCP and all exchange happen inside Bitcoin blockchain?
legendary
Activity: 1162
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

The state of this project is not good.  The effective strategy seems to be "wait and see what happens no matter how long it takes".  Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect.  Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.

Now would be the perfect time to implement while Eth is on this huge run.
newbie
Activity: 4
Merit: 0
Bitcrystals and Storj both run on Counterparty and have higher mcap than XCP.

XCP has a great potential as a betting token. The problem is just that ... it is a POTENTIAL ... no one currently uses Counterparty for betting. I'm working on javascript implementation. Once it is made, it will be trivial to do one-click betting with CounterTools.

Another use for XCP is for registering asset names. Almost 50.000 names have been created and several new ones are issued every day. Lately I've seen quite a few Japanese ones. It's cool to see CP gaining traction there. 0.5 XCP is burned for every asset, and since no new XCP is mined, the supply is actually deflating.

Of course, for the quick buck go with a speculative coin. If you want a larger share in something that MAY have real value in the future, then XCP should be considered.

Hi i noticed that you are doing javascript implementation.
Is there anyway Counterparty and LISK ( Dapp currency for Javascript & Node Dapps https://bitcointalksearch.org/topic/annlsk-lisk-blockchain-application-platform-for-javascript-developers-1346646) could compliment eachother.
Furthermore i don't think there is an issue with counterparty 2 if we could trade in counterparty tokens for counterparty 2 tokens.
member
Activity: 150
Merit: 29
Happy mother of 5 children
Bitcrystals and Storj both run on Counterparty and have higher mcap than XCP.

XCP has a great potential as a betting token. The problem is just that ... it is a POTENTIAL ... no one currently uses Counterparty for betting. I'm working on javascript implementation. Once it is made, it will be trivial to do one-click betting with CounterTools.

Another use for XCP is for registering asset names. Almost 50.000 names have been created and several new ones are issued every day. Lately I've seen quite a few Japanese ones. It's cool to see CP gaining traction there. 0.5 XCP is burned for every asset, and since no new XCP is mined, the supply is actually deflating.

Of course, for the quick buck go with a speculative coin. If you want a larger share in something that MAY have real value in the future, then XCP should be considered.
legendary
Activity: 1372
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

The state of this project is not good.  The effective strategy seems to be "wait and see what happens no matter how long it takes".  Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect.  Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.
I think it is on the testnet already for almost 1 year. It's just no one uses testnet.

No, it's not.
legendary
Activity: 882
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.
Price dropped with a reason. It's better always buy something with rising price, rather than the opposite, unless you believe everyone else is wrong.
legendary
Activity: 882
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

The state of this project is not good.  The effective strategy seems to be "wait and see what happens no matter how long it takes".  Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect.  Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.
I think it is on the testnet already for almost 1 year. It's just no one uses testnet.
legendary
Activity: 1118
Merit: 1004
Quote
Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.

Couldn't agree more!
tyz
legendary
Activity: 3360
Merit: 1533
3 days and no posts. This is not confidence inspiring for new investors.

...
There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

I am very concerned, too. I did not invested several thousand od dollars like you but have a good stake of XCP, too.

I do not see any progress or at least vision for Counterparty. Either here on Bitcointalk nor on Slack channel.
legendary
Activity: 2478
Merit: 1362
Time for a bull market.
legendary
Activity: 1162
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

The state of this project is not good.  The effective strategy seems to be "wait and see what happens no matter how long it takes".  Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect.  Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.

100% agree. Eth smart contracts would bring Counterparty back to competing for a spot in the top coins.
legendary
Activity: 1372
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.

The state of this project is not good.  The effective strategy seems to be "wait and see what happens no matter how long it takes".  Meanwhile competing projects press forward and gain mindshare even if their implementations are not perfect.  Counterparty needs to implement Ethereum smart contracts in testnet ASAP or risk "too little too late" syndrome.
legendary
Activity: 1162
Merit: 1000
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.

Several more days of nothing. I was on slack and it was much much worse then I thought. Current discussion is about abandoning and making a counterparty 2. There needs to be regular updates and they need to be posted here. Right now I feel like I wasted several thousand dollars.
sr. member
Activity: 390
Merit: 254
Counterparty Developer
3 days and no posts. This is not confidence inspiring for new investors.

You'll find that our slack chat is more active than this thread.
member
Activity: 150
Merit: 29
Happy mother of 5 children
3 days and no posts. This is not confidence inspiring for new investors.

Ask for an invite on http://slack.counterparty.io/
It's not really possible to invest in Counterparty. Just like Ether has no value beyond some marginal fees, XCP has no value.
What you may invest in is one of the projects running on CP.
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