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Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 95. (Read 1276936 times)

legendary
Activity: 1372
Merit: 1000
Does usage of Counterparty's smart token system burn any XCP?
hero member
Activity: 742
Merit: 500

nice conversation on reddit also - even as a first week burner it is extremely complicated to follow all developments in counterparty
hero member
Activity: 546
Merit: 500
Another swing high or some hidden information behind the XCP price rise?  Roll Eyes
legendary
Activity: 1118
Merit: 1004
Thanks for sharing, Matt. Extremely interesting info.

Quote
“After studying the intricacies of the blockchain over the last few years and working with Counterparty on a separate project it became clear that blockchains in general, and Counterparty specifically, could solve long standing, previously intractable problems that exist in modern financial market” Mark Smith, CEO of Symbiont
hero member
Activity: 647
Merit: 510
Counterpartying
Also potentially interesting is that Symbiont is already listed in SenaHill's portfolio. They will very likely lead the initial round of funding.

http://senahill.com/our-portfolio/
hero member
Activity: 647
Merit: 510
Counterpartying
I am excited about Symbiont.io  ... These guys are serious it's not just a few geeks sitting in their mom's basement! Cheesy
It's in NY on Broadway, team of extremely talented programmers with an amazing idea. They also seem to be financed.
However it all looks like it's in its diapers still , ie. very early stages.

I would guess that the limiting factor will be regulation and compliance, not technology creation. If you listen to Robby's more recent interview on Let's Talk Bitcoin, he mentions that they've chosen a market that's away from the retail consumer to limit the amount of regulation/compliance. He then declines to mention what market Symbiont will enter, even on a broad scale, which in and of itself is a good sign (that they fear competition).

You can infer what markets they may go after by looking at Mark Smith's LinkedIn.
https://www.linkedin.com/in/markshelbysmith
legendary
Activity: 1118
Merit: 1004
I am excited about Symbiont.io  ... These guys are serious it's not just a few geeks sitting in their mom's basement! Cheesy
It's in NY on Broadway, team of extremely talented programmers with an amazing idea. They also seem to be financed.
However it all looks like it's in its diapers still , ie. very early stages.
hero member
Activity: 546
Merit: 500

This and the comments was interesting reading. Thank you for linking.
hero member
Activity: 647
Merit: 510
Counterpartying
legendary
Activity: 1372
Merit: 1000
I sent some XCP to a new BTC address and blockscan.com shows the XCP there but none of the BTC dust shows up in Multibit.  What does that mean?
sr. member
Activity: 450
Merit: 250
Sorry to interrupt the convo. I'm just curious what you guys think about the current price of XCP? Why is it steadily falling, and what are your predictions for the future?

There is little interest outside of current holders as everyone is on the sidelines waiting for more definitive proof that the protocol adds value and will be used. The next possible price trigger is Symbiont announcing stuff or smart contracts going live on mainnet, followed by the lesser possibility of an as of yet unannounced new entrant in the space who is leveraging the Counterparty protocol. Until something along those lines happens, the price and volume will languish and that's not a huge deal.My opinion is that Symbiont will prove out a model and after that, others will come in. Also, if you do some searching around LinkedIn and the internet in general, you will find a few banks have crypto 2.0 guys now and that there is gathering interest in the space. I assume Counterparty is doing biz dev with these folks now and that the fruits of that labor will become public months down the road if anything comes from it.

Thanks for the in-depth answer! Much appreciated. The more I read about Counterparty, the more I like it.

i think so too but progress seems so slow....  Undecided
legendary
Activity: 1372
Merit: 1000
I'd like to transfer some of my XCP to another address.  I believe the only way I can do that is by importing the current address's private key into Counterwallet which will then sweep all of my XCP into Counterwallet.  Then I have to return the remaining XCP back to my original address, and then I feel weird because I've put my address's private key online.  Is there a better way to move XCP?
legendary
Activity: 1118
Merit: 1004
Sorry to interrupt the convo. I'm just curious what you guys think about the current price of XCP? Why is it steadily falling, and what are your predictions for the future?

There is little interest outside of current holders as everyone is on the sidelines waiting for more definitive proof that the protocol adds value and will be used. The next possible price trigger is Symbiont announcing stuff or smart contracts going live on mainnet, followed by the lesser possibility of an as of yet unannounced new entrant in the space who is leveraging the Counterparty protocol. Until something along those lines happens, the price and volume will languish and that's not a huge deal.My opinion is that Symbiont will prove out a model and after that, others will come in. Also, if you do some searching around LinkedIn and the internet in general, you will find a few banks have crypto 2.0 guys now and that there is gathering interest in the space. I assume Counterparty is doing biz dev with these folks now and that the fruits of that labor will become public months down the road if anything comes from it.

Thanks for the in-depth answer! Much appreciated. The more I read about Counterparty, the more I like it.
hero member
Activity: 647
Merit: 510
Counterpartying
Sorry to interrupt the convo. I'm just curious what you guys think about the current price of XCP? Why is it steadily falling, and what are your predictions for the future?

There is little interest outside of current holders as everyone is on the sidelines waiting for more definitive proof that the protocol adds value and will be used. The next possible price trigger is Symbiont announcing stuff or smart contracts going live on mainnet, followed by the lesser possibility of an as of yet unannounced new entrant in the space who is leveraging the Counterparty protocol. Until something along those lines happens, the price and volume will languish and that's not a huge deal.My opinion is that Symbiont will prove out a model and after that, others will come in. Also, if you do some searching around LinkedIn and the internet in general, you will find a few banks have crypto 2.0 guys now and that there is gathering interest in the space. I assume Counterparty is doing biz dev with these folks now and that the fruits of that labor will become public months down the road if anything comes from it.
legendary
Activity: 1118
Merit: 1004
Sorry to interrupt the convo. I'm just curious what you guys think about the current price of XCP? Why is it steadily falling, and what are your predictions for the future?

Seeking the bottom at this range. It's not falling, it's just bouncing at the lows

I see. I've been away from the Bitcoin world for quite a long time and upon coming back I researched "Bitcoin 2.0" projects and Counterparty seems the most promising right now, so I was surprised to see the price falling steadily and the low trade volume.

Seems like a good time to invest!
hero member
Activity: 700
Merit: 500
★ IT's Party Time! ★
Sorry to interrupt the convo. I'm just curious what you guys think about the current price of XCP? Why is it steadily falling, and what are your predictions for the future?

Seeking the bottom at this range. It's not falling, it's just bouncing at the lows
legendary
Activity: 1118
Merit: 1004
Sorry to interrupt the convo. I'm just curious what you guys think about the current price of XCP? Why is it steadily falling, and what are your predictions for the future?
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