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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Future of Altcoins on: June 09, 2015, 12:07:01 AM
I don't think that development is that important. Many coins are putting "fancy" and pretty much useless features instead focusing on the most important part of the "game" - adoption. Currently 95% of them are like a girl who is putting makeup in front of the mirror, but she's not going out of her home.

Great analogy, and I agree fully. I think we will see a move from traditional clones to novel tech and asset backed coins with increased emphasis on marketing roles to promote adoption
2  Alternate cryptocurrencies / Altcoin Discussion / Re: [XDN] Marketing Future on: June 08, 2015, 11:57:02 PM
there is an evolution I can see, good job guys you are starting to get it Smiley

Marketing is all this is about, and all everything is about if you want to earn. Force it too much and you will got nowhere but perseverance and new approach is good

You have a bold ambition, I would like to maybe take a part in it
3  Alternate cryptocurrencies / Altcoin Discussion / Re: [XDN] Foundation on: June 08, 2015, 11:48:06 PM
I like this new direction. Proffesionalism is key to not get buried by other clones or forks of the original bytecoin vission. I trust this team has close understanding and a guiding hand that will allow them to oersevrre . going to send a donation over soon.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 07, 2015, 12:17:36 PM
I love the counterparty project but I think Overstock and others went for colored coin because

4) Nasdaq will use Open Assets

My very best guess: the news about Nasdaq and Overstock might be connected.

I tend to believe it makes sense to use a colored coins like system for plain settlement, due to the much lower overhead, compared to global consensus systems such as XCP. It's clear that this comes with significant limitations though.

I think they want to rush to beat NASDAQ to market. They also inferred.previously they would start with vanilla bitcoin then move to other sidechains and alt ledgers as t his first bond issuance is just a subset of Medici (bridge them across I suppose). No idea whether this has since changed though, I don't place a lot of faith in their abilities to make honest and accurate forward looking statements.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 07, 2015, 12:10:58 PM
I love the counterparty project but I think Overstock and others went for colored coin because

1) They have a working wallet which is stable. Counterwallet is unstable for me

2) Colored Coin can be stored on Trezor. People want a safe way to store large amount of money!

3) There is no intermediary coin with Colored coins

4) Nasdaq will use Open Assets

I don't think much need to be done for restoring trust in XCP but the minimum is a "working" wallet + Trezor and and an efficient decentralized exchange

Good Luck guys

1) What is a stable wallet? Counterwallet is one is it not?
2) righr , that's a good point; however counterparty and counterwallet supports multisig. I think they may also be support ledger wallet in the future.. They have certainly been in discussions with the devs there..ledger is another hardware wallet, that has suffered less problems than trezor
3) you don't need any intermediary coin to register assets in counterparty either...xcp cost is for anti spam and advanced features colored coins could not recreate.

4) no wonder since they can centralize some components and keep control by using colored coins. As well as earning fees by routing tx and tracking assets


Coinprism is based on the Open Assets Protocol.
Colored coins

Uses the Bitcoin blockchain

Uses no intermediate currency

http://blog.coinprism.com/comparison-coinprism-counterparty-mastercoin/

Biased, intentionally crafted comparison table by coinprism devs to represent their developments in the best possible way whilst throwing the others under the bus. They have been message about incorrect information but refused to update it.

the following entries for example

Quote
Send to multisig address, Native Android Wallet, Other platforms , Open source, Support for unconfirmed transactions , Asset icon , Associate contract with asset, Proof of authenticity , Send assets to multiple recipients.

are ALL marked as an X in the counterparty table column (ie they claim counterparty does not support any of those features) when in fact the platform supports every one of those.

only coinprism open source? seriously?.. That's just negligent. They have purposefully left of a bunch of argument points that would paint coinprism in a less positive light an

e.g open assets doesn't support true spv, requires use of either a centralized asset tracking server or running your own server, does not allow locking of assets (their genius solution is to delete the private key  Roll Eyes ), not compatible with vanilla bitcoin addresses, stores certain data in centralized manner, (they try and somehow push this as a benefit  Roll Eyes)  DOES NOT HAVE DECENTRALIZED EXCHANGE FUNCTIONALITY, unwieldy tracking of complex colors, opens gates for asset tracking gateways to monetize transactions - their business model (and likely some reasons nasdaq chose it )


Counterparty  has at least:

* the same functionality as colored coins (it costs 0 XCP to create an asset, only bitcoin is required)
* decentralized asset trading with automatic order matching <-- this is the reason we're here...
* assets that can pay distributions (dividends)
* assets can be customized (divisibility, callback, locked or issueable, total amount, description)
* peer-to-peer betting
* broadcasts
* contracts for difference
* smart contracts

6  Alternate cryptocurrencies / Altcoin Discussion / Re: Tesla considering partnership with peercoin on: June 06, 2015, 08:41:48 PM
Dont know if this is real seems pretty legit though

Twitter: https://twitter.com/geoff_snyder/status/604542647265427456

PeercoinTalk: https://www.peercointalk.org/index.php?topic=4142.0



Well.. not sure what to say here.. it's just embarrassing that anyone would believe this cheap, extremely low effort pump tactic.
I can't beleive I'm trapped on a planet with these morans
7  Alternate cryptocurrencies / Altcoin Discussion / Re: A Bitcoin sidechain design that does not require a new token/Altcoin? on: June 06, 2015, 08:06:36 PM
Coinprism is based on the Open Assets Protocol.
Colored coins

Uses the Bitcoin blockchain

Uses no intermediate currency

http://blog.coinprism.com/comparison-coinprism-counterparty-mastercoin/

Biased, intentionally crafted comparison table by coinprism devs to represent their developments in the best possible way whilst throwing the others under the bus. They have been message about incorrect information but refused to update it.

the following entries for example

Quote
Send to multisig address, Native Android Wallet, Other platforms , Open source, Support for unconfirmed transactions , Asset icon , Associate contract with asset, Proof of authenticity , Send assets to multiple recipients.

are ALL marked as an X in the counterparty table column (ie they claim counterparty does not support any of those features) when in fact the platform supports every one of those.

only coinprism open source? seriously?.. That's just negligent. They have purposefully left of a bunch of argument points that would paint coinprism in a less positive light an

e.g open assets doesn't support true spv, requires use of either a centralized asset tracking server or running your own server, does not allow locking of assets (their genius solution is to delete the private key  Roll Eyes ), not compatible with vanilla bitcoin addresses, stores certain data in centralized manner, (they try and somehow push this as a benefit  Roll Eyes)  DOES NOT HAVE DECENTRALIZED EXCHANGE FUNCTIONALITY, unwieldy tracking of complex colors, opens gates for asset tracking gateways to monetize transactions - their business model (and likely some reasons nasdaq chose it )


Counterparty  has at least:

* the same functionality as colored coins (it costs 0 XCP to create an asset, only bitcoin is required)
* decentralized asset trading with automatic order matching <-- this is the reason we're here...
* assets that can pay distributions (dividends)
* assets can be customized (divisibility, callback, locked or issueable, total amount, description)
* peer-to-peer betting
* broadcasts
* contracts for difference
* smart contracts

8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 06, 2015, 06:45:59 AM
Whatever happened to this?

I'm a bit surprised, too.

This is the relevant comment:

Quote from: dexX7
Hey there, do you guys build on Counterparty (meta layer on top of Bitcoin)?

Quote from: juddbagley
No. We're using the Open Asset protocol. Specifically, Circle Colored Coins.


Edit:

Quote from: OverstockPressRelease
SALT LAKE CITY, June 5, 2015 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (Nasdaq:OSTK) became the first company to solicit qualified institutional buyers in a digital corporate bond which will trade using the same technology that underlies cryptocurrencies such as bitcoin. This pioneering development is part of the company's larger cryptofinance initiative known as Medici.

"The cryptorevolution has arrived on Wall Street," said Overstock.com CEO Patrick M. Byrne. "We're making it official by offering the world's first cryptosecurity."

Byrne went on to explain that a cryptosecurity is one that trades on a cryptographically-protected distributed ledger. In this case, buyers will be able to track their ownership on the bitcoin blockchain.

The issuance is powered by Overstock.com's TŘ.com technology – a name that refers to the fact that trades on the system securely settle same day, as opposed to three days later -- or what Wall Street traders refer to as, "T+3". The TŘ.com technology uses the Open Assets protocol.

According to Byrne, issuing the TIGRcub bonds on the TŘ.com platform proves that cryptotechnology can facilitate transparent and secure access to capital by emerging companies. Byrne added that a circular informing investors of the cryptobond offering was distributed on June 1, 2015.

This offering is being made exclusively to qualified institutional buyers that meet the definition of "accredited investor" in compliance with Rule 506(c) of Regulation D under the Securities Act of 1933, as amended.

http://investors.overstock.com/phoenix.zhtml?c=131091&p=irol-newsArticle&ID=2056957

Thanks. Its pretty upsetting how loudly the partner announcements were shouted from the rooftops.. I remember byrne talking about moving cp devs to Utah, allocating multimillion $ budge to build medici on countoerarty foundation, even at baggleys presentation in new York recently nothing seemed to have changed.  remember reiterations that yes, cp was still going to play an integral part in Medici after that reddit post were Patrick accidentally " let it slip" , yet neither overstock or cp devs clearly came forward to reveal this project is now seemingly not running on counterparty at all. This is drastically different to how it was pitched to us.

In a traditional market these kind of stock manipulation shenanigans could never fly under the radar. You simply cannot make those kind of  absolute statements and simply back turn on them in private to partner with a competing project. This whole overstock ordeal ran roughshot through the price of this coin, its been nothing but vague information, conflicting stories, doublespeak and, empty promises that predictably moved the price for insiders (pump/dump based on fabricated promises) and left public investors taking a wild gamble by reading between the lines simply hoping the earlier statements were true and honest.

Shame on everyone who tried to misrepresent the importance of counterparty to overstock; you've caused many people to lose their funds by believing in your vision and trying to invest in it.



9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 06, 2015, 05:01:47 AM
www.reddit.com/r/Bitcoin/comments/38pnfl/overstock_will_issue_a_private_bond_powered_by/

Wtf?

Does anyone else feel cheated?. I stuck with counterparty all this time, promoting it, evangelizing it and even recomennding it based on ovwrstock partnership while the price slid downhill consistently. Because if the news was true as implied the potential is still there long term regardless of the price now. Byrne and co pulled a fast one on counterparty investors with earlier hyperbolic statements and never had the balls to make a clear ststatement admitting those announcements are now false and likely have been for some time. Up until not so long ago byrne and Bagley were still talking about counterparty and nl they fkat out deny any involvement.

Whatever happened to this?

https://mobile.twitter.com/OverstockCEO/status/520254771890884608

Whatever happened to counterparty devs and byrne on stage together at inside bitcoins conference?
 
I watched probably a dozen interviews and presentations where it was confirmed counterparty was being implemented in some way. Why was a formal statement never made revealing ties had now been severed??

Counterparty devs were complicit in reassuring investors the deal is still on the table. Today we find out the 'rumors' were true  all along: they did a 180 some time
ago, now we are up against them and NASDAQ. Bet insiders privvy to this were dumping whilst everyone else was excited over the hypeto. No wonder it crashed like it did despite apparent huge future promise based on earlier press releases, it was being pumped. Those relying on what they assumed were accurate and up to date public information were at a huge disadvantage and got burned big time.

Never expected this, thought this one was different from the usual dirty pump dump scheme but here we are



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