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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1244272 times)
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cryptoconomist
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April 16, 2015, 01:31:41 PM
 #11301

would be nice to be able to change the BTC fees. I know transactions with zero fees are slow but would it be possible to add this option on counterwallet.io?
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April 16, 2015, 02:10:19 PM
 #11302

Hi!

Sorry for easy question, but I'm completely new in cryptocurrecies and I'm trying to understand the principles of it. Could you answer me please, why the total supply of XCP after the closing a burn period in February 2014 was 2,648,755.9218 XCP and now http://blockscan.com/ shows less amount of supply XCP = 2,641,639.08 XCP?

Thank you Smiley
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April 16, 2015, 02:39:32 PM
 #11303

Hi!

Sorry for easy question, but I'm completely new in cryptocurrecies and I'm trying to understand the principles of it. Could you answer me please, why the total supply of XCP after the closing a burn period in February 2014 was 2,648,755.9218 XCP and now http://blockscan.com/ shows less amount of supply XCP = 2,641,639.08 XCP?

Thank you Smiley

It's because fees are burned.

http://counterparty.io/docs/faq/

Those who cause problems for others also cause problems for themselves.
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April 16, 2015, 02:47:42 PM
 #11304

Hi!

Sorry for easy question, but I'm completely new in cryptocurrecies and I'm trying to understand the principles of it. Could you answer me please, why the total supply of XCP after the closing a burn period in February 2014 was 2,648,755.9218 XCP and now http://blockscan.com/ shows less amount of supply XCP = 2,641,639.08 XCP?

Thank you Smiley

In order to register a new alphanumeric asset on the Counterparty platform you have to pay the registration fee of 0.5 XCP (creation of numeric assets is free). Those XCPs are permanently destroyed thus reducing the total amount of the XCP supply. In addition, XCP will be used for smart contract execution, but as explained in the FAQ (http://counterparty.io/docs/faq/#why-does-xcp-have-value) the cost of fuel and registration fees will adjust so that the supply never reaches 0.

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April 16, 2015, 05:35:09 PM
 #11305

would be nice to be able to change the BTC fees. I know transactions with zero fees are slow but would it be possible to add this option on counterwallet.io?
This option should be available when the GUI is released. You could also run your own server to do so but I know that's not the best solution. When the desktop GUI comes out that should solve a lot of the issues

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April 17, 2015, 07:09:04 AM
 #11306


This is all addresses where is XCP and where have been but balance 0 XCP? Can anywhere see stats how much there coming new address and where old coins moving? All to old big holders or coming there new users.

(Found 8298 unique addresses with a total balance of 2640824.82423992 XCP)


Over 0.00000001 XCP are in #3914 address.
Over 1.0 XCP are in #2961                                             <1  XCP 64%
Over 10.0 XCP are in #2237                                             1-10 XCP 9%
Over 100.0 XCP are in #1528                                           10-100 XCP 8.5%
Over 500.0 XCP are in #1113                                           100-500 XCP 5%
Over 1000.0 XCP are in #960                                           500-1000 XCP 1.8%
Over 1500.0 XCP are in #160                                           1000-1500 XCP 9.5%
Over 2500.0 XCP are in #101                                          >2500 XCP 1.2%
Over 5000.0 XCP are in #63


Over 64% of addresses are empty and with under 1 XCP balance.  
Over 9% of addresses have still burning amount coins. (not check if that is orginal burns)

50% of coins are in top 101 address.

Long way before there are 10000 active address, now looks like all transaction coming from few address and few peoples own coins... Smiley


 

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April 17, 2015, 12:51:20 PM
 #11307

New community update is live at http://counterparty.io/news/counterparty-update-apr-17/

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April 19, 2015, 03:50:30 AM
 #11308


This is all addresses where is XCP and where have been but balance 0 XCP? Can anywhere see stats how much there coming new address and where old coins moving? All to old big holders or coming there new users.

(Found 8298 unique addresses with a total balance of 2640824.82423992 XCP)


Over 0.00000001 XCP are in #3914 address.
Over 1.0 XCP are in #2961                                             <1  XCP 64%
Over 10.0 XCP are in #2237                                             1-10 XCP 9%
Over 100.0 XCP are in #1528                                           10-100 XCP 8.5%
Over 500.0 XCP are in #1113                                           100-500 XCP 5%
Over 1000.0 XCP are in #960                                           500-1000 XCP 1.8%
Over 1500.0 XCP are in #160                                           1000-1500 XCP 9.5%
Over 2500.0 XCP are in #101                                          >2500 XCP 1.2%
Over 5000.0 XCP are in #63


Over 64% of addresses are empty and with under 1 XCP balance.  
Over 9% of addresses have still burning amount coins. (not check if that is orginal burns)

50% of coins are in top 101 address.

Long way before there are 10000 active address, now looks like all transaction coming from few address and few peoples own coins... Smiley


 



Its not every user on Counterparty that holds XCP. There a lot of others who hold assets other than XCP like FLDC, GEMZ, LTBCOIN etc. So if taking into calculation the entire ecosystem is large than what is show in the graph...  So perhaps a better metric would be to show growth of addresses with Counterparty Assets and NOT specifically limit it to XCP only

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April 19, 2015, 04:45:36 AM
 #11309

I'd be interested to see that as well if you have some time. Smiley

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April 19, 2015, 06:30:35 AM
 #11310

I'd be interested to see that as well if you have some time. Smiley

http://blockscan.com/charts_assets_address_growth

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April 19, 2015, 07:02:58 AM
 #11311

The Counterparty Foundation Election is now closed! Here are the names of the new Community Directors:

1. Chris DeRose 14,590.83, 26.83%
2. Robert Ross 14,104.75, 25.93%
3. Devon Weller 13,683.18, 25.16%

Thank you everyone who participated in the election and congratulations to the new Counterparty Foundation community directors!

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April 19, 2015, 08:47:38 AM
 #11312

The Counterparty Foundation Election is now closed! Here are the names of the new Community Directors:

1. Chris DeRose 14,590.83, 26.83%
2. Robert Ross 14,104.75, 25.93%
3. Devon Weller 13,683.18, 25.16%

Thank you everyone who participated in the election and congratulations to the new Counterparty Foundation community directors!

Congratulations to Chris, Robert, and Devon! I'd also like to thank all those who voted for me. Your support encourages me to continue volunteering for the Counterparty ecosystem.

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April 20, 2015, 10:02:06 AM
 #11313

Official election result post is live on the Foundation site: http://counterpartyfoundation.org/xcp-election-voting-is-closed-announcing-the-names-of-the-counterparty-foundation-community-directors/

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April 20, 2015, 06:25:47 PM
 #11314

This message was too old and has been purged
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April 20, 2015, 06:50:35 PM
 #11315

Letting the election aside: why the hell is the price free-falling?

Theres just no love for the work that goes into 2.0 projects any more. The NXT crowd have released updates, new features, upcoming PayExpo, even new blood on the scene, and still, the price trickles downward.  Undecided
It certainly isnt like it used to be, where peeps would play at a little bit of speculation. I dont know what the answer is, but it seems peeps only entertain cold hard facts that involve very significant tie-ups with very well known existing operators out there, who can offer real world exposure, like Overstock, for instance.
Maybe thats how its supposed to be now. IDK  Undecided
 
I blame JR, with his 'we can do everything' MSC talk-the-talk bull-shit, all that time ago, and delivering Jack Bo Didley.  Tongue
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April 20, 2015, 07:11:38 PM
 #11316

Letting the election aside: why the hell is the price free-falling?

Everyone who wants XCP has it. There is no reason for anyone else to buy it until the main use case is proven via smart contract implementation that people are actually using. This combined with people needing money to live, finding what they consider to be better short term investments, or something else, we will see continued selling pressure. My suggestion is to look at progress and value while trying to disregard what the price may or may not do. The market is so thin right now it's pretty much a joke to look at anyway. If someone needs to liquidate 5k XCP it's going to take days and it will significantly move the price.

Cliffs: The price is falling cause some guy, somewhere, decided to sell some XCP and the volume is quite low.

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April 20, 2015, 10:36:51 PM
 #11317

well you can decide if you know better than the market and buy or sell - if the use case has not changed (and I assume it has not changed) do your conclusion.

I only feel sorry for the guys who have to sell at this point of time
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April 21, 2015, 10:54:30 AM
 #11318

Someone still buying every XCP what can get cheap Smiley

0.004    2662 XCP
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April 21, 2015, 11:58:03 AM
 #11319

Someone still buying every XCP what can get cheap Smiley

0.004    2662 XCP

Because he knows the true value  Wink

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April 21, 2015, 05:17:29 PM
 #11320

http://www.institutionalinvestor.com/article/3446313/banking-and-capital-markets-trading-and-technology/derivatives-pioneer-blythe-masters-tackles-digital-currency.html#.VTaFmCHtlBe

good read - wondering which protocol(s) she is referering to.
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