Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread - page 95. (Read 1276789 times)
May 28, 2015, 07:59:22 AM
nice conversation on reddit also - even as a first week burner it is extremely complicated to follow all developments in counterparty
May 28, 2015, 12:48:26 AM
Another swing high or some hidden information behind the XCP price rise? 
May 21, 2015, 01:22:26 PM
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
May 21, 2015, 12:05:39 PM
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/
http://senahill.com/our-portfolio/
May 21, 2015, 10:02:49 AM
I am excited about Symbiont.io ... These guys are serious it's not just a few geeks sitting in their mom's basement! 
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.
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
May 21, 2015, 09:27:51 AM
I am excited about Symbiont.io ... These guys are serious it's not just a few geeks sitting in their mom's basement!
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.
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.
May 21, 2015, 01:28:39 AM
Counterparty mentioned by the crypto 2.0 lead at UBS bank: https://www.linkedin.com/pulse/crypto-20-musings-legal-position-alex-batlin?trk=hp-feed-article-title
This and the comments was interesting reading. Thank you for linking.
May 20, 2015, 10:06:24 AM
Counterparty mentioned by the crypto 2.0 lead at UBS bank: https://www.linkedin.com/pulse/crypto-20-musings-legal-position-alex-batlin?trk=hp-feed-article-title
May 19, 2015, 09:05:35 PM
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?
May 19, 2015, 05:56:37 PM
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....
May 19, 2015, 05:44:04 PM
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?
May 19, 2015, 01:26:13 PM
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.
May 19, 2015, 11:35:08 AM
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.
May 19, 2015, 09:05:34 AM
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!
May 19, 2015, 07:20:54 AM
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
May 19, 2015, 05:53:43 AM
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?
May 18, 2015, 07:04:19 PM
Bear with me guys, I'm trying to think this through....
Why would anyone want to build an application that stores data on a blockchain? It can be an extremely secure database, but any centralized third party service that reads/writes to/from that blockchain is naturally susceptible to tampering. What good is an ultra-secure database if read/write access to it is not any more secure than the centralized services of today?
Why would anyone want to build an application that stores data on a blockchain? It can be an extremely secure database, but any centralized third party service that reads/writes to/from that blockchain is naturally susceptible to tampering. What good is an ultra-secure database if read/write access to it is not any more secure than the centralized services of today?
May 18, 2015, 06:55:46 PM
How feasible would it be for the Bitcoin devs to duplicate Counterparty's functionality without the XCP coin?
It's not possible.
What would make it impossible? I was just digging around and found this post from over a year ago with the opposite answer to the same question:
https://bitcointalksearch.org/topic/m.5467658
It is not possible.
May 18, 2015, 06:16:16 PM
How big of a concern is it that Bitcoin could build Counterparty-esque functionality directly into their protocol?
It's not possible. Bitcoin can't escrow value, which means that you can't build (decentralized) smart contracts directly onto it. That's the value of XCP. It can actually act as a value escrow.Very interesting, thank you. Is any data stored in the Counterparty network or is everything stored on the Bitcoin blockchain?
EDIT: Is escrow critical in some, most, or all of Counterparty's functions?
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