What a success!
Went from 2BTC to 26BTC burned in a few hours. (might be mostly the dev)
I'm betting your project will pass the 100BTC without trouble.
But 'might stay under 1000BTC.
We will see.
will it be difficult to trade/speculate with it on exchanges like Crypsty/BTC-E before it takes off?
So for the very first we finally have the wonder of a descentralized exchange, and you want to stick to centralized one's with all their risk and problem?
As I understood, they dev have API developpement priority in mind to allow this.
I don't see it as necessary as we have the descentralized one.
But more possibilities never hurt, it's true.
(No idea what API is -.- but I understand what it allow, basically.)
5. Can a competitor Mastercoin/Bitshares say "hmm. You guys are geniuses, nice code! Thanks! Saves us some work!"
"Hi Bitshares/MSC here, we're releasing the counterparty code, as smart as those guys are, we have a full time team/company set up already of 5-10 key people and a few million $ in development funding to support it now, so come on over, the water's warm! "
With the addition of incompatible protocols, I would like to add:
Fair & quality lunch matters to me.
The greed or anarcho-communist approach mind too.
Take ripple: over 90% are own by the dev and they wish me to swallow that it is worth 3 billions$? Nice try, but no.
Take Mastercoin:
As they wrote themselve in their doc:
"Mastercoin isn't communism. It is an endevours that rewards early investors, like Bitcoin, or like any startup."Well, that is not the kind of idea I wish to support. I deal with (anarcho-)capitalism because my choice is low.
If there is a better alternative, I switch directly.
might be very hard to reach, but XCP approach is good enough to me to let me think "anarcho-communist fair-wannabe".
Even if the dev didn't had these words in mind, I wish to support their quality approach.
The way they do it show they are not greedy, I wish to support dev who reflect that.
Also about MSC, the dev were able to create as much as they wanted for themselves, as they just had to send their money to themself in a hidden way to get MSC.
On top of that, they "premined" or "stole 10%" of every investor by creating an additional 1devMSC per 10MSC created.
Make these dev a team of 50 people with a billion $, I still wanna stay away from them.
Kickstarter-not-needed, blablabla. I don't like their style. I'm out.
The individual has power.
Use your power wisely.
PS: nslx, are you a private betatester linked/friend with the 2 main dev?
Or maybe part of their contacts with Eligius pool?
Let us know when the matter is resolved.
I still need a few hours to sync before testing.