First, lemme state that I own XCP. Some myopic investors are selling their XCP to get an 8X-12X gain on their burned Bitcoins. I can't fault them for doing it, because they (and I) took significant investment risk on this protocol. We've even had security issues with the coin, now since resolved.
To be honest, I have sold just enough XCP to recoup my original investment, but no more. I suspect many others have done the same or dumped a lot more on the market for a quick Bitcoin. XCP has only been trading a few weeks, so selling pressure may continue until news comes out.
Because this protocol was just born (and it works!), it's pretty rough around the edges. No production GUIs exist yet, so you're looking at transactions on the command line. Once it gets a fancy front end, the game will change and Mr. Market will start to price Counterparty much more fairly.
In short, there's no need to pump it because this thing will sell itself. Just give it some time.
I agree with everything you said. But I am not pumping XCP, infact I have only mentioned 2 coins in the past 24hrs. 1 = XCP because of the technology and low price, 2= Mt.POOP, because it is protesting against Mt.gox, Mt.poop hasn't even launched yet, so what do i have to gain?
I don't make threads to pump coins. Just to relay interesting and maybe helpful information. XCP is less than 5% of my portfolio. XCP is a longterm hold for me, regardless of recent price flucuations.