Despite all the negativity of being scammed, I prefer to watch at the half-full of the glass. The OP gave a great idea, and there are at least 2 teams working on a new implementation of it (announcements will probably follow soon).
I do think that it will be a great idea to compensate any "suckers" in any of these 2 coins, provided there is a solid proof a person has indeed invested in LevelCoin.
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So, now that 3 days have passed since the IPO is over, and nothing heard from the author, I guess it safe to conclude it was a scam?
If so, I'm surprised that there are still no negative trust ratings assigned to the LevelCoin and LeoC users.
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WtS 3000 XCP at 0.01, please add in order book.
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By the way, I have a question - how exactly XCP will support paying in BTC for asset or XCP?
The offered BTC will be matched to offers on asset/Dex, and once the buyer sends the bTC to seller address, the seller will then send back XCP or asset shares back to the buyer BTC address?
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What was the point of that? To hide any XCP sends from other accounts?
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To be fair XCP was also a hurry launch, counterpartyd code can barely held together. Their approach is to release alpha product and let users test with real xcp. Reference client shouldn't be done in python as library dependency issues, plus it's not type safe, the client has been crashing many times due to runtime exceptions, silly bugs, etc. I hope the community help rebuilding it as something self-contained like a jar package.
While you have some points, do remember that Python allows a very rapid prototyping of concepts. In fact, BTC itself was prototyped in Python first. So while in the long term, switching to any typesafe language is definitely preferable, for testing the concepts Python will do just well.
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As you already pointed above, they talked too much (media presence, conference talk, ...) but there're much less real work on coding (there's not even official mastercoind) be done. All real codes are come from the community (Mastercoin-explorer, ...). Neither JR nor Ron is a professional programmer, and yet they decided to recruit full time developers only on last December.
Just a correction to above, both are professional and experienced developers, holding advanced CS degrees. I don't know J.R. personally, but I can attest that Ron has a rich resume (including position at Google), so it would be incorrect to label them as such. Management is a bit different animal, and while it indeed took them a little time to get started, I expect that competition with XCP and other 2nd gen's will only be for the benefit of the MSC community. I prefer to think of MSC as long-term start-up, similar in it's approach to Google, which prefers long term revenues over short-term gains, stably increasing the MSC price over time. Time will tell how well this approach works in the frenzied crypto world.
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Just a warning to buyers: XCP burners (basically early adopters) have formed a cartel (chk xcp thread) and jacked up the price artificially by 10x-15x times. Please don't accept these prices as the coin is still a prototype and isn't worth that much yet. They are a greedy cartel
You are welcome to address Nxt thread with these accusations, they will be more correct there. XCP is one of the most fairest distribution to the moment, with a very small amount of majority holders, according to taint analysis: https://blockchain.info/taint/1CounterpartyXXXXXXXXXXXXXXXUWLpVrSpeaking of the XCP itself, it already provides much more then anything promised by competition at the moment. It's a true BTC - spirit community driven effort, and it will only pick up in steam.
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So is there a way/place/thread to buy and sell XCP/BTC ? Or are we going to setup a google doc now like early days of mastercoin ? Should we set it up now that the burn is over ? Do people need to run the counterpartyD to send XCP ? I assume they don't need it to recieve XCP.
I guess we can contact pouncer or maxmint, they already have experience running the order book and doing escrows for MSC.
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I think you're wrong:
MSC: $128,000,000 marketcap / 560,000 coins = $228/coin
XCP: $128,000,000 marketcap / 2,650,000 coins = $48/coin
Assuming the same initial marketcap.
So we already can say, XCP is the silver of MSC (while actually delivering working code already)?
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You sir, are a genius !
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Are there any guarantees you will release anything, if ever? People really should look at latest "IPO's" that caused a lot of investors to loose their money.
Also, what prevents from anyone to take the Nxt code and issue same coin as FTR?
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Bumping, this GUI alone will increase the XCP value once released, so every XCP holders should donate!
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That guy burned on 30 different addresses, issued a stock from this 1FCk address, and used the XCP from 30 addresses to buy that stock he issued. So all the XCP accumulated to 1FCk.
I wonder why going all this way, instead of just sending all addresses balance under a single account? Also, how did he manage to issue same asset twice?
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Actually, the original investors addresses are hard-coded into NXT genesis block, and they around ~70 indeed AFAIK.
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Not sure if it makes a difference, but you checked for extra spaces due to copy/paste? Otherwise recheck the key, privkey starts with a 5 I think that you must also use a label that is not already in use in your wallet, but not sure
Found it - the export drop-list had base 56 selected by default, instead of Bitcoin-QT . By the way, is scan time really necessary? Perhaps next time it better to import with scan false?
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Did you unlock your wallet before importing? Walletpassphrase PASSWORD 600 (Will unlock it for 10 minutes) Importprivkey PRIVATEKEY LABELFORADDRESS [/quote] Yes, still getting this error every time.
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If I burned XCP on separate address (but same wallet) on blockchain info, is there any way to export only this address private key?
Or the only way for me is to export the whole wallet then import into Bitcoin-QT?
Thanks.
There is. If I recall from memory, you simply click on import/export and look for the unencrypted/plaintext export option and copy and past the private key corresponding to your public key/address. Try to do this following this guide: https://en.bitcoin.it/wiki/How_to_import_private_keys_v7%2BBut getting this error for every private key I tried: Invalid private key (code -5) Ideas?
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Speaking on behalf of myself and not the Counterparty team, I think that community voting as to the prioritization of bounties becomes a bit complicated and may ultimately lead to an - ironically - slower issuance of bounties. In my opinion, community members should make recommendations to the Counterparty Team for which bounties to issue, and, then, if the Counterparty Team agrees with the recommendation, it should post a donation address and the length of the bounty-period.
If a community member proposes a bounty to the Counterparty Team, which, for whatever reason, the Counterparty Team doesn't feel is a priority, he should feel free to issue his own bounties, but this bounty will be independent of those issued by the Counterparty team.
+1, just see for example what Nxt voting turned into - dozens of discussion pages without concrete actions. So far XCP team had a good grasp of priorities, so it's reasonable to trust them on this. And if they miss something - raising private bounty should be also easy.
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Interesting analysis, though I would find it more credible without intervened personal attacks on Nex creator. Levelcoin, I wonder what your opinion on this danger of constant inflation?
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