Topic: Is CounterParty (XCP) severely undervalued? - page 2. (Read 7680 times)
Trading on Counterparty is certainly not a breeze, with Bitcoin's long blocks.
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Is CounterParty (XCP) severely undervalued?
yes
Not now anymore, its in a bubble.
I'd encourage you to read the last three pages of this thread https://bitcointalk.org/index.php?topic=395761.msg9117646;topicseen#msg9117646 to form an opinion where it will go long term.
Quote
Is CounterParty (XCP) severely undervalued?
yes
Not now anymore, its in a bubble.
Quote
Is CounterParty (XCP) severely undervalued?
yes
Not now anymore, its in a bubble.
Quote
Is CounterParty (XCP) severely undervalued?
yes
Everybody, there is an enormous amount of misinformation going around in the press. We're working to fix that ASAP. In the meantime, please help us correct errors as you see them!
For the record:
1) Overstock.com and Counterparty are partnering to build a platform (Medici) for trading stocks on Counterparty and using Counterparty's decentralized exchange.
2) I, along with Ouziel (JahPowerBit), will continue working on the Counterparty protocol full-time. Robby and Evan will continue to work on Counterparty full-time because Medici is a front-end for Counterparty.
The Wired and Coindesk articles make it sound as though we are abandoning this project. Nothing could be further from the truth!
Thank you,
Adam
For the record:
1) Overstock.com and Counterparty are partnering to build a platform (Medici) for trading stocks on Counterparty and using Counterparty's decentralized exchange.
2) I, along with Ouziel (JahPowerBit), will continue working on the Counterparty protocol full-time. Robby and Evan will continue to work on Counterparty full-time because Medici is a front-end for Counterparty.
The Wired and Coindesk articles make it sound as though we are abandoning this project. Nothing could be further from the truth!
Thank you,
Adam
Added latest news update --
06 October 2014 -- Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market based on Counterparty
http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
http://www.reddit.com/r/Bitcoin/comments/2iho5p/counterparty_founder_robby_dermody_hired_by/
more news to come
06 October 2014 -- Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market based on Counterparty
http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
http://www.reddit.com/r/Bitcoin/comments/2iho5p/counterparty_founder_robby_dermody_hired_by/
more news to come
Great news, though this is going to be one slow exchange.
Price touched 0.015, massive jump.
Added latest news update --
06 October 2014 -- Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market based on Counterparty
http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
http://www.reddit.com/r/Bitcoin/comments/2iho5p/counterparty_founder_robby_dermody_hired_by/
more news to come
06 October 2014 -- Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market based on Counterparty
http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
http://www.reddit.com/r/Bitcoin/comments/2iho5p/counterparty_founder_robby_dermody_hired_by/
more news to come
Price just went up 140%
This news is a game changer.
Added latest news update --
06 October 2014 -- Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market based on Counterparty
http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
http://www.reddit.com/r/Bitcoin/comments/2iho5p/counterparty_founder_robby_dermody_hired_by/
more news to come
06 October 2014 -- Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market based on Counterparty
http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/
http://www.reddit.com/r/Bitcoin/comments/2iho5p/counterparty_founder_robby_dermody_hired_by/
more news to come
Added latest news update --
21 September 2014 Counterwallet 1.5.0 released
21 September 2014 Counterwallet 1.5.0 released
Counterwallet 1.5.0 released.
We're proud to announce the release of Counterwallet 1.5.0
This new release includes the following functionality:
* Added Quick Buy interface with Vennd Machine
* Added internationalization support
* New address generation system
* DEX design improvement
* Added order expiration and fees in advanced option
* Added quick url access with choosen password
**Fixes:**
* Numerous fixes: http://goo.gl/opzkoh
* Minor UI tweaks
Full list of changes are at: http://goo.gl/AICdol
Once language translations are done (at transifex.com/projects/p/counterwallet/), we will be adding these to the interface. Right now it's still English only.
Also, feel free to try the new Quick Buy (vending machine) feature for BTC->XCP.
We're proud to announce the release of Counterwallet 1.5.0
This new release includes the following functionality:
* Added Quick Buy interface with Vennd Machine
* Added internationalization support
* New address generation system
* DEX design improvement
* Added order expiration and fees in advanced option
* Added quick url access with choosen password
**Fixes:**
* Numerous fixes: http://goo.gl/opzkoh
* Minor UI tweaks
Full list of changes are at: http://goo.gl/AICdol
Once language translations are done (at transifex.com/projects/p/counterwallet/), we will be adding these to the interface. Right now it's still English only.
Also, feel free to try the new Quick Buy (vending machine) feature for BTC->XCP.
Added latest news update --
6 September 2014 Armory offline support now implemented in counterwallet main net Read more: http://www.cryptocoinsnews.com/counterparty-first-bitcoin-2-0-platform-offer-armory-offline-wallet-support/
6 September 2014 Armory offline support now implemented in counterwallet main net Read more: http://www.cryptocoinsnews.com/counterparty-first-bitcoin-2-0-platform-offer-armory-offline-wallet-support/
Just crossposting a useful blog outlining some common misconceptions about the Counterparty platform.
+1 12 Myths about CounterpartyXCP
Myth 1: Counterparty is just Bitcoin 2.0 marketing hype.
Myth 2: Counterparty’s internal currency, XCP, is just another alt-coin.
Myth 3: Counterparty is just another project where the developers want to get rich quick. They will just run away with the money.
Myth 4: Counterparty development is dead and nothing works yet.
Myth 5: Counterwallet stores your passphrase and private keys on their servers!
Myth 7: If Bitcoin can be used in Counterparty, then XCP doesn’t have value.
Myth 8: I want to create a poll on the Blockchain, but Counterparty doesn’t have a voting feature.
Myth 9: You can’t store XCP or assets in cold storage. There is no 2FA!
Myth 10: Counterparty is polluting the Bitcoin blockchain with useless data and weighing down the network. This is a “free ride” on top of Satoshis hard work!
Myth 11: Counterparty is missing multi-sig support.
Myth 12: Broadcast feed betting is centralized.
- http://www.scribd.com/doc/238520096/12-Myths-about-CounterpartyXCP
- http://coinedtalk.com/12-myths-about-counterpartyxcp/
Myth 1: Counterparty is just Bitcoin 2.0 marketing hype.
Myth 2: Counterparty’s internal currency, XCP, is just another alt-coin.
Myth 3: Counterparty is just another project where the developers want to get rich quick. They will just run away with the money.
Myth 4: Counterparty development is dead and nothing works yet.
Myth 5: Counterwallet stores your passphrase and private keys on their servers!
Myth 7: If Bitcoin can be used in Counterparty, then XCP doesn’t have value.
Myth 8: I want to create a poll on the Blockchain, but Counterparty doesn’t have a voting feature.
Myth 9: You can’t store XCP or assets in cold storage. There is no 2FA!
Myth 10: Counterparty is polluting the Bitcoin blockchain with useless data and weighing down the network. This is a “free ride” on top of Satoshis hard work!
Myth 11: Counterparty is missing multi-sig support.
Myth 12: Broadcast feed betting is centralized.
Counterparty has a great team and I am long term bullish!
XCP really moving well, any ideas why?
Just crossposting a useful blog outlining some common misconceptions about the Counterparty platform.
12 Myths about CounterpartyXCP
Myth 1: Counterparty is just Bitcoin 2.0 marketing hype.
Myth 2: Counterparty’s internal currency, XCP, is just another alt-coin.
Myth 3: Counterparty is just another project where the developers want to get rich quick. They will just run away with the money.
Myth 4: Counterparty development is dead and nothing works yet.
Myth 5: Counterwallet stores your passphrase and private keys on their servers!
Myth 7: If Bitcoin can be used in Counterparty, then XCP doesn’t have value.
Myth 8: I want to create a poll on the Blockchain, but Counterparty doesn’t have a voting feature.
Myth 9: You can’t store XCP or assets in cold storage. There is no 2FA!
Myth 10: Counterparty is polluting the Bitcoin blockchain with useless data and weighing down the network. This is a “free ride” on top of Satoshis hard work!
Myth 11: Counterparty is missing multi-sig support.
Myth 12: Broadcast feed betting is centralized.
- http://www.scribd.com/doc/238520096/12-Myths-about-CounterpartyXCP
- http://coinedtalk.com/12-myths-about-counterpartyxcp/
Myth 1: Counterparty is just Bitcoin 2.0 marketing hype.
Myth 2: Counterparty’s internal currency, XCP, is just another alt-coin.
Myth 3: Counterparty is just another project where the developers want to get rich quick. They will just run away with the money.
Myth 4: Counterparty development is dead and nothing works yet.
Myth 5: Counterwallet stores your passphrase and private keys on their servers!
Myth 7: If Bitcoin can be used in Counterparty, then XCP doesn’t have value.
Myth 8: I want to create a poll on the Blockchain, but Counterparty doesn’t have a voting feature.
Myth 9: You can’t store XCP or assets in cold storage. There is no 2FA!
Myth 10: Counterparty is polluting the Bitcoin blockchain with useless data and weighing down the network. This is a “free ride” on top of Satoshis hard work!
Myth 11: Counterparty is missing multi-sig support.
Myth 12: Broadcast feed betting is centralized.
Bitcoin is about the absolute ceiling for acceptable complexity in mainstream crypto.
Exactly. Even the complexity of Bitcoin is what prevents it from having wider adoption. People ask "what is Bitcoin?" and you can't really explain it properly without a mini-briefing of sorts.
Bitcoin needs to launch a campaign in which it can adequately compress its principles and functionality in a few short sentences that can be easily grasped by average Joe. Something that everyone can use in order to explain it to others.
2.0 coins are
all over the place.At this point of time Bitshares seems to have been pumped regardless, but I haven't seen any of the "small" players buying into it... they are all wondering "what does this do and why should I buy?" Large pumpers play this game and they'll wait and wait for the small money to arrive and it will never happen.
Bitcoin very briefly: Money and online banking, but without banks.
Bitcoin fairly briefly: Like online banking, but controlled by the people so you don't need to trust a bank and so bad banking practices can't bring the economy to its knees and put us all in debt again. Also it includes a kind of money that isn't created based on debt and usary like our normal money.
Also these 2.0 platforms don't need to be used by the general public to be very successful. Very few of the people I know use the traditional stock market, for example, but that's doing pretty well.
Bitcoin is about the absolute ceiling for acceptable complexity in mainstream crypto.
Exactly. Even the complexity of Bitcoin is what prevents it from having wider adoption. People ask "what is Bitcoin?" and you can't really explain it properly without a mini-briefing of sorts.
Bitcoin needs to launch a campaign in which it can adequately compress its principles and functionality in a few short sentences that can be easily grasped by average Joe. Something that everyone can use in order to explain it to others.
2.0 coins are
all over the place.At this point of time Bitshares seems to have been pumped regardless, but I haven't seen any of the "small" players buying into it... they are all wondering "what does this do and why should I buy?" Large pumpers play this game and they'll wait and wait for the small money to arrive and it will never happen.
I am holding my XCP forever. Vote XCP at btc38.com, one of Chinese biggest exchanges.
XCP is ranking top 2 currently, need 35 more votes.
http://www.btc38.com/trade/vote_for_trade_en.html
XCP is ranking top 2 currently, need 35 more votes.
http://www.btc38.com/trade/vote_for_trade_en.html
CounterParty does a lot of things right. They are my preferred platform right now because they allow BTC transactions and easy simple interfaces that everyone can use.
I think if they perfect the DEx and make BTC transactions go through 100% of the time, it could take off like bitsharesX at any moment.
I hope they keep development going strong.
SkullCoin: https://bitcointalksearch.org/topic/annskull-skullcoin-in-game-treasure-hunt-poq-733916
I think if they perfect the DEx and make BTC transactions go through 100% of the time, it could take off like bitsharesX at any moment.
I hope they keep development going strong.
SkullCoin: https://bitcointalksearch.org/topic/annskull-skullcoin-in-game-treasure-hunt-poq-733916
I think the main issue here is that people do not see the potential of XCP feed based betting, and XCP trustless betting. They focus too much on the 'coin' and 'asset' aspects of it, that the ability to create and place your own bets with only a line of text goes unnoticed.
This functionality alone is mind-boggling.
This functionality alone is mind-boggling.
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