Metamoron
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October 29, 2015, 04:40:45 AM |
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The Boom Is Coming, and Sooner Than You Think!
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 29, 2015, 09:34:36 AM |
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The Boom Is Coming, and Sooner Than You Think!
hush hush don't create any more booms like last time with that PR/news about ethereum vm porting that resulted in a HUGE PUMP AND DUMP based on vaporware and tons of people lost money. respect and trust are earned through every day actions, not bullshit PR and fleecing people of their BTC based on fantasies. the former something this project has yet to learn to do and earn the respect that BTC dev's have in their daily interactions, commitment and work to the greater community. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 29, 2015, 09:51:15 AM |
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Interestingly, price keeps falling even after this news / exposure I guess price of XCP is not a good measurement of CP popularity because XCP and other meta coin protocols are practically worthless now that Ethereum is out and in production, so either the founders of this project live up to their promises or this coin (and many others) will soon be evolutionary dead ends. |
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deliciousowl
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October 29, 2015, 12:00:50 PM |
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now that Ethereum is out and in production
You believe that?  because XCP and other meta coin protocols are practically worthless now that Ethereum is out and in production, so either the founders of this project live up to their promises or this coin (and many others) will soon be evolutionary dead ends.
Unlike BTC, Ethereum lacks what matters most for a currency, security, stability and network effect. |
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prophetx
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 29, 2015, 12:42:06 PM |
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now that Ethereum is out and in production
You believe that? because XCP and other meta coin protocols are practically worthless now that Ethereum is out and in production, so either the founders of this project live up to their promises or this coin (and many others) will soon be evolutionary dead ends.
Unlike BTC, Ethereum lacks what matters most for a currency, security, stability and network effect. Yes... I've actually used it. You should try it yourself. But why are we talking about BTC here? Did I ever say BTC is going down? Perhaps re-read what I wrote. BTW BTC is not stable it's up 100% in just a month or two. Not sure what your definition of stable is but that doesn't seem so stable to me. Network effect takes years to develop. Just go on meetup.com and see how many Ethereum meet up there are, sure not as many as BTC, but way higher then say CounterParty - wonder why that is? Maybe because... wait here it is... .. a massive Pump and Dump of XCP last year by claiming to be porting over the Ethereum VM only to drop any work on that and start a company called Symbiont. to me that explains why ethereum has done so well and well xcp doesn't have much to show for itself the last 12 months. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 29, 2015, 12:54:39 PM |
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btw some people may not know this
but both Adam Krellenstein and Vitalik Buterin considered working for Mastercoin. Robby also made proposal to Mastercoin (i interviewed him and recommended they consider to pay him) to rewrite some of the code but the Mastercoin people were too greedy when BTC price was hitting $1000+ (I still laugh at this everyday).
Adam was CTO for about 1 day I believe.
I don't recall Vitalik's reasons (probably too much of a mess and JR/Ron open minded enough to new solutions), but he didn't join MSC formally, did help out a bit in the beginning, and started to think about what became Ethereum.
Adam also had the opportunity to do the same as Vitalik but he went down an easier path to just re-create mastercoin but do it fast and right because he just had to learn from the mistakes made by the MSC developers.
The developers doing the MSC bounties can blame it not succeeding on the poor management and lack of specification, and just plain greed ... some of them went on to join Ethereum and did some phenomenal work.
Then of course Adam thought of taking the Ethereum work, which was done by VB and some former MSC dev's and adopt it to XCP, which makes sense actually since all of this comes from the same root idea.
So when you shit on Ethereum, realize that you are actually picking up that shit with your hands and smashing it right into your own face. Because one day someone will port over Ethereum onto BTC and other BTC clones, and they you will be crying that Ethereum is the best thing since sliced bread. Which why I say that any metacoin that does not get with the drill and adopt EVM might as well be considered a deadcoin.
All these projects and people are very inter-related and all come out of the same source but the EVM is the dominant design of the idea that initially was funded as Mastercoin and XCP as it's better implemented offshoot.
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deliciousowl
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October 29, 2015, 02:08:54 PM |
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But why are we talking about BTC here? Did I ever say BTC is going down? Perhaps re-read what I wrote. BTW BTC is not stable it's up 100% in just a month or two. Not sure what your definition of stable is but that doesn't seem so stable to me.
Network effect takes years to develop. Just go on meetup.com and see how many Ethereum meet up there are, sure not as many as BTC, but way higher then say CounterParty - wonder why that is? Maybe because... wait here it is...
You misunderstood both "stability" and "network effect'. Network effect doesn't mean how many people are drinking coffee together, it means the hash rate and network that secures the chain. And stability refers to code stability, not price. Whether it costs $1000 or $1,000,000 a day to compromise a system, is a big difference. Whether there are 12 dimensions of exploits on a novel system vs. 1-2 in a viciously tested one (over half a decade) is also a large difference. It is more than clear that your only intent is profit, but I believe that to be a bit short sighted. There are absolutely plans to implement the EVM once it is stable enough for production. Quitting on that would be PR suicide for literally everyone involved in the project. But don't be fooled that price has anything to do with merit or long-term viability, people made that mistake with Paycoin and Bitshares before and look how that turned out. Also, the XCP devs have not 'dropped their work'. There are commits every day and Symbiont is funding development. I'm betting they have enough on a private repo to surprise you. |
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EdgarTheEdge
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October 29, 2015, 02:17:28 PM |
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This is great news! Will try this |
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lujunqing7890
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October 29, 2015, 02:20:19 PM |
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Hello: I'm in trouble, I put money into my GEMZ gem P XCP network address goes. To help.
[XCP] Counterparty 0.00000000
On orders: 0.00000000
BTC value: 0.00000000
Deposit: 18577oCsfi5pAvEadG71KVyVH9nm59Yod3
Generate New XCP Address
Counterparty Transactions
First Prev Page 1 of 1 Next Last
Tx_Index Block Time (UTC) Source Destination
11764860 380970 2015-10-28 18:59:32 1ENKkgvMqjPmC3Wst631jbpaC3ULkYgkgL Send (18577oCsfi5pAvEadG71KVyVH9nm59Yod3 received 10 GUERILLA)
11764811 380946 2015-10-28 14:52:19 1JLwPrLdNrXjv6F7b6NL3i5zbHVN97hgtZ Send (18577oCsfi5pAvEadG71KVyVH9nm59Yod3 received 37678 GEMZ)
My Account Balances
Create New Address Import Funds Page Help
How to Buy XCP Provided that it is legal in your jurisdiction, the easiest way to buy XCP is from one of the centralized exchanges listed here.
我的地址 #1 Address Actions 1JLwPrLdNrXjv6F7b6NL3i5zbHVN97hgtZ
BTC
Bal: 0.0074241 XCP
Bal: 0.4 GEMZ
Bal: 0.5 TILECOINX
Bal: 10,954.8
For me it is a lot of money,! ! ! ! ! ! !
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flayway
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October 29, 2015, 04:57:44 PM |
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I'm betting they have enough on a private repo to surprise you.
I hope this surprises coming public then when BTC rally have really start if not yet. What is better than now lot of Ethereum hype, BTC rally starting finally and then Ethereum vm news in every news sites  Btw what that ripple porting news was earlier this year? April joke, day was same  ? |
XCP: 19zzpgk3oakH2b7zd63mw3DadtNkvefVfo BTC: 1ASSkiRsqRUUp5Y8YQYnuc41fBbYR3iRD2
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 30, 2015, 03:23:29 PM |
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But why are we talking about BTC here? Did I ever say BTC is going down? Perhaps re-read what I wrote. BTW BTC is not stable it's up 100% in just a month or two. Not sure what your definition of stable is but that doesn't seem so stable to me.
Network effect takes years to develop. Just go on meetup.com and see how many Ethereum meet up there are, sure not as many as BTC, but way higher then say CounterParty - wonder why that is? Maybe because... wait here it is...
You misunderstood both "stability" and "network effect'. Network effect doesn't mean how many people are drinking coffee together, it means the hash rate and network that secures the chain. And stability refers to code stability, not price. Whether it costs $1000 or $1,000,000 a day to compromise a system, is a big difference. Whether there are 12 dimensions of exploits on a novel system vs. 1-2 in a viciously tested one (over half a decade) is also a large difference. It is more than clear that your only intent is profit, but I believe that to be a bit short sighted. There are absolutely plans to implement the EVM once it is stable enough for production. Quitting on that would be PR suicide for literally everyone involved in the project. But don't be fooled that price has anything to do with merit or long-term viability, people made that mistake with Paycoin and Bitshares before and look how that turned out. Also, the XCP devs have not 'dropped their work'. There are commits every day and Symbiont is funding development. I'm betting they have enough on a private repo to surprise you. ok if you choose to assign non-standard meanings to words you should inform readers of that. generally "network effect" is number of nodes in a system. system being any complex. so regarding code stability, code becomes more "stable" (using your definition, but I think you actually want to use the words resilient and secure) not by age but by having more eyes on it and fingers poking at it. if there is a private repo, that means there are not many eyes and fingers involved. it reminds me of the way we used to do product and software development decades ago when months would be spent without getting market feedback or involvement ("if you build it they will come" mentality). thus while ethereum itself may be younger temporally its' experience variable has such momentum which with the right trajectory will propel it to a velocity that allows it to escape the gravitational pull of obscurity. these things are platforms, platform marketing is no piece of cake. also it behooves no one to attack a project from which code is being taken. |
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deliciousowl
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October 30, 2015, 11:10:32 PM |
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Fact is, the ethereum virtual machine needs to be more stable and security audited before it can be safetly ported into Counterparty without jeopardizing user funds.
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Matt Y
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October 31, 2015, 12:26:47 AM |
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In financial stuff, it's often not about being first, but doing it right the first time. I think we've got a while to wait on the ETM, but that's fine. Happy Counterparty is playing the long game. If you're worried about the price or project, sell now, cause it's going to go lower before it goes up.
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 31, 2015, 04:32:28 AM |
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Fact is, the ethereum virtual machine needs to be more stable and security audited before it can be safetly ported into Counterparty without jeopardizing user funds.
wait so Augur just did a huge fund raiser using Ethereum, and you all are worried about a few piddly coins worth in total barely that one fundraiser ...  the daily trading on XCP, SJCX, and GEMS are barely scraping the total trading on ETH. btw here's a fish for you  |
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Matt Y
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October 31, 2015, 04:43:33 AM |
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Fact is, the ethereum virtual machine needs to be more stable and security audited before it can be safetly ported into Counterparty without jeopardizing user funds.
wait so Augur just did a huge fund raiser using Ethereum, and you all are worried about a few piddly coins worth in total barely that one fundraiser ... the daily trading on XCP, SJCX, and GEMS are barely scraping the total trading on ETH. btw here's a fish for you Is raising Eth for a crowdfund the same thing as using smart contracts on the Ethereum Virtual Machine? Seems to me the corwdfund you're mentioning could have also been done on Counterparty just like other croudfunds have in the recent past. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 31, 2015, 12:00:30 PM |
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so explain why it didn't?
this ought to be a very nice mental exercise for you.
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 31, 2015, 12:04:20 PM |
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In financial stuff, it's often not about being first, but doing it right the first time. I think we've got a while to wait on the ETM, but that's fine. Happy Counterparty is playing the long game. If you're worried about the price or project, sell now, cause it's going to go lower before it goes up.
I see now you are giving financial advice. You seem so certain about these things, perhaps you have information which I and others do not have. I guess like last time with that Ethereum announcement Pump and Dump that the Counterparty team orchestrated before going off to start Symbiont.io, some people had access to privileged information while others didn't. That's why btw it is good to do everything in an open, and transparent process especially when there is money involved. |
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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October 31, 2015, 12:15:41 PM |
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here is a list of about 1200 smart contracts on the Ethereum network https://etherchain.org/contracts/1200 |
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deliciousowl
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October 31, 2015, 02:16:20 PM |
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I think the scrutiny and hashrate required for serious financial transactions is lost on you. And that's ok. I personally prefer my coins to be safe over a quick high and the dramatic novelty of a premature release. Therefore please consider that only very recently, Ethereum has already had some grievous security exploits and glitches. The fact that they began with a new brand engine midway isn't within Counterparty's domain of responsibility either.
Development is progressing as usual with a focus on core stability, performance and security. These are pre-requisites for building a production-ready platform, and are instrumental to implementing something as complex as a smart contracts engine in the future. Official statements from the devs corroborate this, and screaming - "But I want it now!" - is neither constructive nor valid critique.
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