Given these problems, and the fact that any fixed fee will ultimately not make sense, I still support some kind of proof of model (e.g. PoS) and local/global assets to ultimately fix this problem (as I described several pages back). It has a natural analogy with how marketing (in the real world) works -- anyone can come up with an idea/product, but to introduce it to the real world, there are costs involved. Even further, it (a PoS function) directly incentivizes holding XCP without introducing a balance requirement (a heavy handed way to do things) or restricting it per address (which = Sybil attack). Again, proof of stake doesn't have to lead to inflation of the underlying asset (one of the most common criticisms); in XCP's case, it can create new assets. As an extension, I could even imagine XCP holders that don't want to create assets to pull their "proof of stake" power into some sort of pool to help promising/deserving projects that don't have a lot of XCP to launch. |
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I'm just imagining btc-e salivating at the possible fees. 0.2% * 11M = $22,000 a day if this volume keeps up.
Come on now.. there is absolutely no way it will keep up. The problem is - at what price will the volume finally abate? |
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I'm just imagining btc-e salivating at the possible fees. 0.2% * 11M = $22,000 a day if this volume keeps up.
seems BTC-e and Gox are just shooting themselves in the foot not taking on other alts FTC and NVC on btc-e (by comparison) are just embarrassing. $22,000 is more than the daily trading volume of most of the coins on coinmarketcap. |
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I'm just imagining btc-e salivating at the possible fees. 0.2% * 11M = $22,000 a day if this volume keeps up.
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Facebook, because that's where everyone hangs out. Or something.
PM sent
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What would it take for you to buy iXcoin 4 ur Long Term Portfolio? Volume. We need it. Stop offering pathetically insulting prices and maybe you might find people willing to sell. The morons dumping at less than a buck a coin don't count.  The low volume maybe reflects the fact that those who like it, like it a lot, while those who don't yet like it maybe won't until the price has already skrocketed way more than it already has. But for the patient, there are still enough morons dumping that it makes no sense to buy "at market", the spreads tend to be so huge it is best to just put a whack of offers scattered down the buy side and wiat for the morons to dump. -MarkM- Chicken/egg scenario, that. |
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What would it take for you to buy iXcoin 4 ur Long Term Portfolio? Volume. We need it. |
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I have 10,250 XCP sitting here, where and how do I donate ??
There is now burned total 1341 BTC that is over $1.1 million. BTC donations is $611. It is 0.05% of all burned BTC. Not possible lets raise that at least to $11k what is 1%, before we can donate XCP. If you have BTC to risk and burn for over 10k XCP you have sure one BTC for donations also? I even dont have, but this donation situation looks so sad, that I sold huge part of my other alts (QRK, MEC,TAG) investments and start and send 1BTC donation. I have enough XCP to pay it back later if this project success and im sure my XCP what i hold have better possibility in long run than my other alts what I just sold. Lets everyone burn at least 1-5% of invested moneys and im sure that pay back later with XCP value. I see someone else also donate after my 1btc donation $83 so we have now donate together total 0.13% of burned moneys. Lets doing BTC donations now and maybe devs have enough money to pay web page developers etc what ever need money to make XCP success!
We are looking for community contributions of testing, bug reports, patches, and companion software (e.g. built around counterpartyd). We are also asking for donations of BTC and XCP to 12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs, which funds will be used to issue bounties for the development of the project.
I don't have anywhere close to that much BTC to burn (or donate). Most generous. See my earlier post on XCP donation instructions: Something like this would work: C:\counterpartyd>python counterpartyd.py send --from 1Fz5idgemYfsszRMmaQNd2Anvm2JytAoU --to 12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs --quantity 1 --asset XCP Confirm? (y/N) y "0783dd6b65303b54b72cbc632f17f6c13e9e9550f2b3fb96270d997cf85a6dce" Obviously, replace my address w/ yours. Make sure you already unlocked your bitcoin wallet with walletpassphrase, of course. Look for the 1 XCP tip in the next few blocks. And you can track it here: http://www.blockscan.com/balance.aspx?q=12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs |
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Errrm... So today I decided to investigate the performance issues of my block explorer. You know how some pages take literally ages to load, eg. the one for the richest address? Although the poor VPS has only 590MB available RAM (with another 1GB as swap), the bottleneck is actually the CPU... So I sifted through the bitcoin-abe source code for hours, just to stumble upon this: http://gregsramblings.com/2011/02/07/amazon-ec2-micro-instance-cpu-steal/TL;DR: FUCK YOU AMAZON! I have yet to decide whether I'll switch to a bigger instance or ditch amazon altogether. Do you have any good VPS provider recommendations? I tried chunkhost for a bit, but my VPS got restarted several times during a one month period, which is unacceptable. The EC2 instance has not had a single unwanted reboot since I started it, quite impressive. Sux. Still, as you mentioned it is pretty reliable and it will be hard to find something better in that price range. I've heard a lot of good things about this place lately but never used them so have no clue if good or not. http://www.dreamhost.com/servers/vps/Try lowendbox, or get a low-end dedicated. Don't want to give specific recommendations, but delimitervps offers (when it's not sold out) Intel Atom servers for just $5/month (quarterly) and freaking dual Xeons (Core 2's I think) for $20/month, which I have one of. Search lowendbox or webhostingtalk for the coupons. Offset it with a bit of CPU mining (don't think you're going to get $20 a month, but it's something.) Others that I can recommend (mostly unmanaged): ramhost.us (if they're not sold out) ramnode buyvm.net (has great storage servers) PLEASE don't mine on VPSes (except on-demand instances such as amazon or digitalocean). Recipe to get you kicked from your webhost, and violates every TOS imaginable. With a dedicated, it's yours, so no one cares. |
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Something like this would work: C:\counterpartyd>python counterpartyd.py send --from 1Fz5idgemYfsszRMmaQNd2Anvm2JytAoU --to 12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs --quantity 1 --asset XCP Confirm? (y/N) y "0783dd6b65303b54b72cbc632f17f6c13e9e9550f2b3fb96270d997cf85a6dce" Obviously, replace my address w/ yours. Make sure you already unlocked your bitcoin wallet with walletpassphrase, of course. Look for the 1 XCP tip in the next few blocks. And you can track it here: http://www.blockscan.com/balance.aspx?q=12J1YFvsWHDCU5HNAWNLNy1Q9nZo8Q4Xgs |
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D8umMdkfYZSF5wPSB5s8oBPC4X7hXsxtfK
thanks
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This monitor is way too small, but here:  |
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Abe explorer up: http://coindex.es:10001/Please bear with me as I try to optimize things and such. PS That background took some photoshop as well as some trigonometry to figure out.
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Noticing a tick up in <1 BTC burns (the stock analogy would be odd-lot trades) the past few days. Increasing public awareness of the XCP idea?
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Hi all,
As I'm annoyed that an Abe explorer is not available for this coin, I'm working on one now. I have it working locally, but am getting in touch with my host to resolve some firewall issues preventing it from being public.
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Several potential ways:
1. Make all of them local and provide a way to globalize them (my suggestion)
2. Give them a finite lifespan that causes them to expire now/some time in the future (luckybit's suggestion)
3. Invalidate all of them and start over (the brute force solution) - personally I don't recommend this
4. Don't do anything (it's only 5 XCP...)
5. Retroactively charge 5 XCP (really don't recommend this)
The workable solutions I bolded.
Any others?
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That should at least decrease asset-squatting until a more complete solution can be found.
Oh look, I invented a new word.
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That sounds like a good strategy; however, I'd be concerned about the possibility of collusion. What if a significant minority of stakeholders decide that a certain fee level (high or low) is desirable (for whatever reason) and bet accordingly?
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