[ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread

[prophetx]

where do I find information regarding trezor/xcp?

check out this https://www.ledgerwallet.com/

not sure how it compares but these guys have a good team and seems like they are continuing to innovate

i bought one in Paris, will test it out

feel free to retweet/favor so they know others would be interested in adding XCP support in their feature request pipeline

https://twitter.com/chloregy/status/537965831331016704

[1715564343]

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[Equality 7-2521]

where do I find information regarding trezor/xcp?

https://github.com/CounterpartyXCP/counterwallet/issues/2
http://letstalkbitcoin.com/blog/post/beyond-bitcoin-17-counterpartying-with-robby-dermody - Robby talks about it here

[BitThink]

where do I find information regarding trezor/xcp?

check out this https://www.ledgerwallet.com/

not sure how it compares but these guys have a good team and seems like they are continuing to innovate

i bought one in Paris, will test it out

feel free to retweet/favor so they know others would be interested in adding XCP support in their feature request pipeline

https://twitter.com/chloregy/status/537965831331016704

Seems really nice and much cheaper than Trezor.  However, before it has its own screen in next version, it's still not safe enough during the seed generation. You still need to find a safe computer to generate seed and display them.

[yeXIABC]

World's first. the dev's are great

[pikuchato]

such huge trade volume of xcp,
sad to sell at 005,realy pity for that.

you sold at 0.005 ?
still very good profit if you got them by burning
me only have 8, which i got for trading other nice asset on counterparty exchange

I bought some at 0.005 ,but still sell at it,
so pity for not to wait till now.

Don't be hard with yourself, whoever bought those coins had inside information.
Look at the graph, the uptrend began 1 month before the announcement itself.

I sold mine for 0.005 as well

XCP is going to #2 market cap. Give it a month or two.

I'd say six months... possibly a year.

0.01800  2176.307  39.17353BTC Nice sell wall on BTER... Someone really want to push the price down...

Great. I'll pick some up.  

As a former xcp holder, I used to follow XCP trading quite closely.

XCP was traded for 0.003 for months,
30-45 days before the announcement about the etherum protocol implementation on top of xcp someone with inside information begun to buy massive amounts of xcp's.
The price drove up slowly up to 0.017 at the day of the announcement itself.
The hype took it higher to the range of 0.022-0.023 and after few days of trading someone pulled like 80% of the buy orders resulting in a very thick buy book.

You can call me paranoid, but that is my opinion (just look at the graphs before you kill me for fudding)


edit: I am saying this because in my opinion we still have a way until *real* floor is reached.
I am keeping an eye as well although currently I have no free btc to invest anyway (xcp is a great project with a great team I am just not sure about its current price).

The floor should be a bit higher then 0.003 which was the price before the insider pump, anyway I won't touch xcp again because they are playing with inside information - honest investors have no chance in here.

No response?
XCP investors were nailed with inside information + pump + dump.

Am I completely delusional with this? why no one speak about it?

I didn't lose anything (sold at 0.005 to the insider), but I guess many honest people have lost significantly amounts of money in here.

[prophetx]

such huge trade volume of xcp,
sad to sell at 005,realy pity for that.

you sold at 0.005 ?
still very good profit if you got them by burning
me only have 8, which i got for trading other nice asset on counterparty exchange

I bought some at 0.005 ,but still sell at it,
so pity for not to wait till now.

Don't be hard with yourself, whoever bought those coins had inside information.
Look at the graph, the uptrend began 1 month before the announcement itself.

I sold mine for 0.005 as well

XCP is going to #2 market cap. Give it a month or two.

I'd say six months... possibly a year.

0.01800  2176.307  39.17353BTC Nice sell wall on BTER... Someone really want to push the price down...

Great. I'll pick some up.  

As a former xcp holder, I used to follow XCP trading quite closely.

XCP was traded for 0.003 for months,
30-45 days before the announcement about the etherum protocol implementation on top of xcp someone with inside information begun to buy massive amounts of xcp's.
The price drove up slowly up to 0.017 at the day of the announcement itself.
The hype took it higher to the range of 0.022-0.023 and after few days of trading someone pulled like 80% of the buy orders resulting in a very thick buy book.

You can call me paranoid, but that is my opinion (just look at the graphs before you kill me for fudding)


edit: I am saying this because in my opinion we still have a way until *real* floor is reached.
I am keeping an eye as well although currently I have no free btc to invest anyway (xcp is a great project with a great team I am just not sure about its current price).

The floor should be a bit higher then 0.003 which was the price before the insider pump, anyway I won't touch xcp again because they are playing with inside information - honest investors have no chance in here.

No response?
XCP investors were nailed with inside information + pump + dump.

Am I completely delusional with this? why no one speak about it?

I didn't lose anything (sold at 0.005 to the insider), but I guess many honest people have lost significantly amounts of money in here.

well i would have to say that it was somewhat obvious from the mention of overstock that something would happen in Fall of 2014. having worked with mastercoin earlier this year i am by no means an xcp "insider", and even i could guess that something would happen with overstock, but it was just an educated guess.

what however did take me by surprise though was the work on ethereum integration.  while of course it is Adam's prerogative  to work on whatever he wants, there was a coordinated PR campaign down with Social Radius as the PR firm.  Since XCP is not a formal legal organization then certainly some people will have known about a major development before others since it usually takes at least a week or two to prepare this kind of stuff like interviews and articles, etc.

but i think you are correct, generally speaking, that the lack of timely information forthcoming when it actually happens from the major participants of the project seems to be creating information asymmetries which are causing these  2-3X pump and dumps over the last couple months rather than slow and steady value appreciation.

[drakoin]

Is there an XCP price speculation thread somewhere?
I'd like to read a few opinions after this
from-50-up-to-245-and-now-down-to-133.

Thanks!

[prophetx]

Is there an XCP price speculation thread somewhere?
I'd like to read a few opinions after this
from-50-up-to-245-and-now-down-to-133.

Thanks!

actually it started at about 0.00280, there was persistent buying from some time in the summer.  i think some of that buying probably was the koinify people or the vennd guys.  but at some point you can see in the charts that there were large buy orders placed a couple weeks before some announcements.

what is concerning to me is that XCP is not a corporation, and there is a PR firm involved and obviously some individuals are privy to information before other individuals.

perhaps the intention is not to cause waves of Pump & Dumps, but that is what is happening, and which is why we have regulated markets to stop situations like this because honest people get hurt at the expense of others with privileged positions.

[Equality 7-2521]

No response?
XCP investors were nailed with inside information + pump + dump.

Am I completely delusional with this? why no one speak about it?

I didn't lose anything (sold at 0.005 to the insider), but I guess many honest people have lost significantly amounts of money in here.

There was plenty of evidence to suggest that Counterparty got the Overstock gig well before the "official" announcement. Check this out - http://www.wired.com/2014/07/overstock-and-cryptocurrency/. July 30th? I read it that day. Did you? Did I start buying more XCP immediately and over the course of the following weeks? Of course I did.

This is an open source project. You can join in the development too if you like. Have a great idea for a project? Well if you do, maybe you should by some more XCP while developing your project so that you have some skin in the game.

1 XCP = 1 XCP. The only people who have lost fiat money are those who bought XCP with a view to "flip" them. Everyone else who bought them for their utility hasn't lost anything.

[Equality 7-2521]

Is there an XCP price speculation thread somewhere?
I'd like to read a few opinions after this
from-50-up-to-245-and-now-down-to-133.

Thanks!

https://forums.counterparty.io/discussion/701/xcp-price-speculation

[prophetx]

No response?
XCP investors were nailed with inside information + pump + dump.

Am I completely delusional with this? why no one speak about it?

I didn't lose anything (sold at 0.005 to the insider), but I guess many honest people have lost significantly amounts of money in here.

There was plenty of evidence to suggest that Counterparty got the Overstock gig well before the "official" announcement. Check this out - http://www.wired.com/2014/07/overstock-and-cryptocurrency/. July 30th? I read it that day. Did you? Did I start buying more XCP immediately and over the course of the following weeks? Of course I did.

This is an open source project. You can join in the development too if you like. Have a great idea for a project? Well if you do, maybe you should by some more XCP while developing your project so that you have some skin in the game.

1 XCP = 1 XCP. The only people who have lost fiat money are those who bought XCP with a view to "flip" them. Everyone else who bought them for their utility hasn't lost anything.

was there evidence to suggest that there would be a port of ethereum?

XCP is not a corporation, some people as individuals or unrelated corporations certainly knew about that before others.

those people bought early and were able to flip at a big profit.

"Everyone else who bought them for their utility hasn't lost anything."  

biggest line of bullshit i have read this morning

no... they just got the privilege to over pay by 50%+ to some asshole

[notsoshifty]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

[prophetx]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.

[ElTomeko27]

http://counterparty.io/news/counterparty-community-update-oct-2014/

"Upcoming Big News
We have another major announcement that we will be making sometime over the next few weeks. Stay tuned!"

[deliciousowl]

If you want to stay on top of the ball, believe the devs when they say "major announcement" and subscribe to e-mail updates on github. That's how many people found out. It's not some secret skull and bones club... If you're doing trading/short-term investment (<1 year), then it's advantageous to keep informed.

There's also a newsletter on Counterparty.io for example. With regular dev and community updates... as well as news.

[profitofthegods]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.

By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.

The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.

[prophetx]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.

By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.

The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.

love the use of quotes for max annoyance effect...

anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"

get it?

no probably not...

as far as my trading strategy goes i have been very honest about it.  i hold a decent amount of XCP (4 digits) since January.  And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort.  for example the other month i donated 100 XCP to get a Chinese wallet.

i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.

what do you do? other than assume everyone else is a sociopath?

[profitofthegods]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.

By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.

The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.

love the use of quotes for max annoyance effect...

anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"

get it?

no probably not...

as far as my trading strategy goes i have been very honest about it.  i hold a decent amount of XCP (4 digits) since January.  And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort.  for example the other month i donated 100 XCP to get a Chinese wallet.

i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.

what do you do? other than assume everyone else is a sociopath?

Wow, didn't mean to offend you so much, sorry.

You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.

[prophetx]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.

By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.

The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.

love the use of quotes for max annoyance effect...

anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"

get it?

no probably not...

as far as my trading strategy goes i have been very honest about it.  i hold a decent amount of XCP (4 digits) since January.  And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort.  for example the other month i donated 100 XCP to get a Chinese wallet.

i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.

what do you do? other than assume everyone else is a sociopath?

Wow, didn't mean to offend you so much, sorry.

You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.

again thinking like a sociopath.  nothing needs to be "sly"

simple updates via twitter, bitcointalk, the forum, other communications channels work well.

[profitofthegods]

was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:

commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein <adam@krellenstein.com>
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests

yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.

By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.

The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.

love the use of quotes for max annoyance effect...

anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"

get it?

no probably not...

as far as my trading strategy goes i have been very honest about it.  i hold a decent amount of XCP (4 digits) since January.  And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort.  for example the other month i donated 100 XCP to get a Chinese wallet.

i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.

what do you do? other than assume everyone else is a sociopath?

Wow, didn't mean to offend you so much, sorry.

You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.

again thinking like a sociopath.  nothing needs to be "sly"

simple updates via twitter, bitcointalk, the forum, other communications channels work well.

Stop calling people names. Theres no need for it. You've called me a sociopath twice now, and that is the end of any engagement I will have will you. Ignored.