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21  Economy / Service Discussion / Re: GAW / Josh Garza discussion Paycoin XPY btc.com Bitcoinist. ALWAYS MAKE MONEY :) on: May 15, 2015, 10:04:37 PM
As per my PMs w/ Buck Rogers, Here is the publicly facing copy of the PMs that were exchanged yesterday:

Thanks for posting this. It has to be noted that anyone should be really careful with this person. It's one thing to be a "supporter", but what buckrogers was doing on Hashtalk and here goes way beyond that. While that might not deserve doxing don't get fooled by this sudden remorse. Check his posting history. He's a typical intertubes turd flowing with what he considers the most suitable stream of shit at the moment.

Buck was the one who complained that I was "posting without factoids" about him , so I obliged and provided some interesting factoids, like his association with Scott Fargo. The person Buck needs to bitch at is Josh Garza for letting all of this personal information get loose, not me. Instead the idiot is actively pimping Josh's scams for him, it is truly disgusting.




Now he has switched from the other blatant Paycoin scams in his sig to another not yet obvious to everyone Paycoin scam, BTClend. The BTClend business model has no method to create profit, it IS therefore a scam. The purpose of that scam is to keep XPY bagholders' coins locked up and off the market to allow continued dumping of premine and hyperstake, and the depositors are paid "stake" with hyperstaked coins from "rented" Prime Inflators (not enough) or directly from the pre-mine which he has access to through Cmilians partner, Homero Garza.

factoid
ˈfaktɔɪd/
noun
noun: factoid; plural noun: factoids

    an item of unreliable information that is reported and repeated so often that it becomes accepted as fact.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: May 11, 2015, 08:57:06 AM

FYI, Bittrex is contemplating delisting XCP:

"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on May 15th unless the average daily trade volume for the last 7 days exceeds 0.2 BTC."

https://bittrex.com/Market/Index?MarketName=BTC-XCP


Good. Bittrex is a manipulative exchange and I wouldn't trust them with peanuts. At least it will reduce risk exposure.
23  Economy / Services / Re: [SUCCESSFUL] Copywriting for Cryptocurrencies on: May 11, 2015, 08:48:47 AM
Hey didn't I saw you a lot in the Counterparty thread?

https://bitcointalk.org/index.php?topic=395761.0

Keep it real!!!  Grin
24  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 05, 2015, 11:48:44 PM
today good opportunity to buy xpy?

wtf are you smoking?

No of course its not. It never will be.

Just being sarcastic  Smiley
25  Economy / Service Discussion / Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :) on: May 05, 2015, 11:30:47 PM
today good opportunity to buy xpy?
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: April 30, 2015, 12:54:46 PM
CounterpartyWallet.com domain name for sale. Smiley

Too long.. I'll give you $5, max
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: April 29, 2015, 01:42:38 PM
Try the MSI installer available in the same page: https://github.com/CounterpartyXCP/counterparty-gui/releases

Please add the fact that its for Windows in the description. It's easy to miss/forget the .msi extension when browsing.  Smiley
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: April 02, 2015, 07:44:48 PM

Very different.

It's a centralized multi-sig service that works with 'oracles': "Oraclize takes care of providing the 2nd signature to your partially signed transaction."

There are many project like this, and I actually think the term "smart contracts" does not necessarily apply here. The contracts still have a mediator (Oraclize), and are not programmable/customizable. I would call it a "multi-signature oracle service" or something like that... The potential uses for this are numerous, but greatly exaggerated in variety.

The point of Counterparty 'smart contracts' is to be able to create entirely custom decentralized applications from scratch, on a fully peer-to-peer system. I'm actually thinking we could refer to this as dApps, programmable money, or something similar until people learn the difference. I can't even count the amount of times people were underwhelmed by the idea of Counterparty smart contracts, because they've seen dozens of projects with basic multi-sig acting as middlemen and have become convinced that that is a 'smart contract'. It's not... at least not really.

Counterparty/Ethereum mercilessly blow these out of the water since you are able to code new features.

Once you see the difference here, it's really hard to unsee:

  • 'Buzzword' smart contracts are multi-signature/Bitcoin services which are mediated by some 3rd party/website. They are not fully decentralized, and cannot be programmed.
  • 'Real' smart contracts support turing-complete scripting for making your own, fully or partially decentralized financial instruments and tools.

In fact, the first can be done using the latter. But absolutely not vice versa.

Note that I'm not saying that Oraclize and others are not providing a great service. They very well might be, and in many cases this is extremely useful. However, I think we need some sort of way to distinguish between distributed, programmable contracts and static, semi-centralized ones.

I hope this makes sense...
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: March 26, 2015, 10:56:20 AM
Joel is just throwing a tantrum because SWARM messed up the Bitcoin Foundation voting round.
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: January 21, 2015, 12:35:41 PM
http://youtu.be/SkiyRV99eEI?t=6m5s

6:20 Quote: "This will happen on the Blockchain Proper and then on other sidechains."

What is Blockchain Proper?

Is that PhantomPhreak dishing out some swag in the background?! Cool
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: January 20, 2015, 02:00:36 AM
hopefully someone can go today and we can see what the real deal is.


http://www.meetup.com/BitcoinCenterNYC/events/213645872/

Satoshi Monday ft. Overstock's Medici Platform

Quote
This Monday, January 19th, Satoshi Square will be having a presentation from Overstock.com about their upcoming Medici crypto-equity platform.

Good news???
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: January 18, 2015, 02:00:13 PM
Smartcontracts copied by ethereum? thats funny because i have been using a "working" smartcontracts wallet decentralized exchange since july and also speak with the creator.

Maybe you guys need to catch up lol

EDIT: BlackHalo and BitHalo

I don't think those are turing-complete?
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: January 18, 2015, 11:09:04 AM
Well I dont know what kind of a "positive announcements" You got but If XCP alliance with Overstock is broken price will fall to 0.005...

If the posters in this thread are accurate about smart contracts payments then I really really doubt it will ever go that low. The decentralized stock exchange already works... as someone else said, XCP has endless utility beyond Overstock... lets get more excited about decentralized things Smiley
34  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: January 17, 2015, 07:20:20 PM
Sorry if this is a stupid question, but if XCP are destroyed when being used for smart contracts and there are only 2.6 million. How will everyone be able to buy enough to run the contracts?

Like Matt said the XCP fees used in computation of smart contracts aren't constant values as they are in ethereum (like 1 XCP no matter what), but fractions of the total supply of XCP. Moreover XCP is divisible, So just as an example:

if there were only 1 XCP available a smart contract might cost 0.000001 XCP to run (and everyone would own fractions of a single XCP). Whereas if there were 1,000,000 XCP available a smart contract might cost 1 XCP to run.  In both cases the amount of XCP in relation to the total supply, and roughly dollar worth of the XCP spent on running a contract could (and usually would be expected) to be the same, since In an efficient market you'd expect the opportunity cost of spending XCP to execute a smart contract would remain competitive.  Nobody is going to spend $500 equivalent in XCP to run a smart contract that embeds a hash in the blockchain

So as more and more contracts are running, it will be possible to run more and more with 1 XCP as time goes on?
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: January 17, 2015, 04:28:07 PM
Sorry if this is a stupid question, but if XCP are destroyed when being used for smart contracts and there are only 2.6 million. How will everyone be able to buy enough to run the contracts?
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