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

[SyRenity]

In other words, the new burner is giving money to the earlier burner!!! The new burner from now may become loss!!!The risk is becoming more as the burned coin increase. The new burner may have great risk now.

Is it me, or this was said already?

[1714148750]

1714148750

[1714148750]

1714148750

[1714148750]

1714148750

[1714148750]

1714148750

[1714148750]

1714148750

[Patel]

In other words, the new burner is giving money to the earlier burner!!! The new burner from now may become loss!!!The risk is becoming more as the burned coin increase. The new burner may have great risk now.

Is it me, or this was said already?

It was. The FUD is kinda annoying..

[mtbitcoin]

You can already access a basic live orders list from http://blockscan.com/order.aspx

Cheers

You can see the order.
You cannot do anything about them from this webpage.

I was not aware you could do anything directly from https://masterchest.info too unless I am mistaken ?

Cheers

[qtgwith]

In other words, the new burner is giving money to the earlier burner!!! The new burner from now may become loss!!!The risk is becoming more as the burned coin increase. The new burner may have great risk now.

Is it me, or this was said already?

It was. The FUD is kinda annoying..

Just mark the risk.No more meaning.

[led_lcd]

I was not aware you could do anything directly from https://masterchest.info too unless I am mistaken ?

The order book appears to be test net too?

[520Bit]

❗️❗️❗️ANY BOUNTY CAMPAIGN QUESTIONS❗️❗️❗️ - https://t.me/victorieum_bounty

Victorieum Official Bounty Program
We are glad to announce our bounty campaign that will continue until the end of the ICO.

We have allocated 1% (10 000 000 VTM)of all tokens in to the bounty campaign.

Bounty Allocation:
•   Signature 25%
•   Translation 10%
•   Twitter 11%
•   Facebook 11%
•   Youtube 8%
•   Blog/Media/Article 10%
•   Telegram 5%
•   LinkedIn 5%
•   Reddit 5%
•   Reserved 10%


GENERAL RULES:
•   Limited number of participants, only the best will be chosen. 'Participating is not a right, it is a privilege.'
•   We reserve the right to reject you without any explanation.

•   Each participant can use only one account to join the campaign
•   Each participant must write a “proof of joined post” in our bounty thread with the following details:

Proof of joined post
Bitcointalk username:
Campaign in which you participate:
ETH address:

•   Stakes will be calculated every week.
•   First week of the bounty campaign will start on 28.09.2018
•   We reserve our right to terminate your participation in the Bounty Program if we think you haven't been honest in representing the work done.
•   We reserve the right to change bounty campaign rules.

25% = 2 500 000 VTM

Weekly rewards:
Jr. member – 1 stake per week
Member – 2 stakes per week
Full Member – 4 stakes per week(+0,5 stake for avatar)
Senior Member – 6 stakes per week(+0,5 stake for avatar)
Hero – 8 stakes per week(+0,5 stake for avatar)
Legendary – 10 stakes per week(+0,5 stake for avatar)

SIGNATURE conditions:
•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;
•   Jr. Member signature campaign is limited 30 participants;
•   You need to make at least 10 constructive posts each week
•   We do not count the following discussion boards : Bounties, Off-topic, Politics and Society, Archival, Beginners and help.
•   Maximum 3-4 posts a day will be counted;
•   You will have to keep wearing our signature, personal text and avatar until the stakes have been calculated after the end of the ICO (allow around a week for these calculations);
•   Accounts with negative trust are not accepted;

PLEASE USE SIGNATURES IN THIS POST OF THIS THREAD

Link for check your status in signature campaign:https://goo.gl/jfrrWf

10% = 1 000 000 VTM

ANN&Bounty thread – 10 stakes/thread
White Paper – 50 stakes
Moderation/Management: 0,5 Stakes per valid Post.

It is acceptable for one person to translate whitepaper, announcement and bounty thread, but you will need to be fast. The following languages are welcome to be translated: Arabic, Chinese Simplified, Turkish, Italian, French, Russian, Portuguese, Spanish, Japanese, Korean, German, Indonesian, Vietnamese, Romanian.

I have verified translators in the team. They participate automatically in this campaign.
You can reserve any other language.

Translation conditions:
•   Write the following information in this thread:

Code:

Bitcointalk account URL :
TELEGRAM username:
language:
Rank:
Eth address:
previous works:

•   Users with no previous experience of translation will not be accepted;
•   Users whose rank lower then Member will not be accepted;
•   Translations must be original and made by the user only. Using Google Translate and other tools is strictly prohibited and will lead to disqualification;
•   You must complete the translation of ANN within 3 days (10 days for WP) after you started.
•   You will be officially appointed for a translation only AFTER you receive a PM confirmation from me.
•   Translators of ANN thread must manage their threads:
- Translators should answer questions from users.
- Posts must have a minimum length of 60 characters
- ANN&Bounty translators should publish changes in their topics, if any.

Link for check your status in translation campaign:https://goo.gl/YxaJtA  

11% = 1 100 000 VTM

ONLY REAL Twitter accounts will be accepted.
If you use unreal photo you will be disqualified.
Fake, dead, inactive and bot accounts will not be accepted.
Your account must be older than 4 months.
The nickname mustn’t contain such words as "followback", "ICO", "bounty", "bounty hunter", "cryptocurrency" and so on.
The avatar must contain your real photo.
The number of your posts mustn't exceed 50 per week.

Real followers(r.f.) will checked by twitteraudit.
100-2000 r.f. - 1 stakes/week
2001-3000 r.f. - 2 stakes/week
3001-4000 r.f. - 3 stakes/week
4001-5000 r.f. - 4 stakes/week
…
Above 10000 r.f. - 10 stakes/week

Twitter conditions:
•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;
•   You must like and retweet 4 tweets per week from our Twitter account.
•   Only 1 retweet per day will be counted;
•   Participants must post their report ONCE PER WEEK in this thread. Deadline for each week is Friday 23:59 forum time. Always make a new Report posts to submit your report. Do not edit old reports and add your new report.

Link for check your status in twitter campaign: https://goo.gl/f47qrF

11% = 1 100 000 VTM

ONLY REAL Facebook accounts will be accepted.
If you use unreal photo you will be disqualified.
Fake, dead, inactive and bot accounts will not be accepted.
Your account must be older than 4 months.
The nickname mustn’t contain such words as "followback", "ICO", "bounty", "bounty hunter", "cryptocurrency" and so on.
The avatar must contain your real photo.
The number of your tweets mustn't exceed 50 per week.


100-2000 friends - 1 stakes/week
2001-3000 friends - 2 stakes/week
3001-4000 friends - 3 stakes/week
4001-5000 friends - 4 stakes/week
…
Above 10000 friends - 10 stakes/week
…
Above 10000 r.f. - 10 stakes/week

Facebook conditions:
•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;
•   You must like and repost 4 reposts per week from our Facebook account.
•   Only 1 repost per day will be counted;
•   Participants must post their report ONCE PER WEEK in this thread. Deadline for each week is Friday 23:59 forum time. Always make a new Report posts to submit your report. Do not edit old reports and add your new report.

Link for check your status in facebook campaign: https://goo.gl/KaZn4v

8% = 800 000 VTM

+

10% = 1 000 000 VTM

You will receive rewards based on the quality and the audience of Article/Video.

General rules:
•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;
•   Low-quality articles and videos will not be accepted.
•   Article must be genuine. You can use official images, logos, graphics posted on the website, ANN thread, Facebook, and Twitter.
•   Video must be at least 2 minutes long, shorter videos will not be accepted.
•   Video description must have a link to the official website: https://www.victorieum.io and a link to the whitepaper: https://www.victorieum.io/Victorieum-Whitepaper-compressed.pdf
•   To proof your ownership your Bitcointalk profile must be added in video description.
•   Articles must be longer than 400 words, fewer than 400 words will not be accepted.
•   Article must have a link to the official website: https://www.victorieum.io and a link to the whitepaper: https://www.victorieum.io/Victorieum-Whitepaper-compressed.pdf
•   Medium, Steemit, Newbium, and other general/free blogging platforms are allowed but only one post will be accepted on those platforms per user.
•   To proof your ownership of the blog you must add your bitcointalk profile link to your blog posts footer.
•  If your blog is in a language other than English and Russian, please write @Svyatcoollman (https://t.me/Svyatcoollman) for approval of your blog, YouTube, Steemit, GOLOS, medium, telegra.ph, site. WITHOUT APPROVAL, YOUR ARTICLES AND VIDEO WILL NOT BE ACCEPTED

Rules for YouTube:
•  The quality check will be based on youtube statistics and socialblade.
•  You don't have to fake subscribers and views!
•  Minimum number of real views (during of bounty): 150

Rules for Steemit, Medium, Golos, telegra.ph:
•   Originality of articles.
•   Check for originality by antiplagiarism.net and content-watch (80-100% originality)
•   Not original articles will not be accepted
•   Your blogs should have real subscribers and views (otherwise, articles will not be accepted)
•   Your articles should be beautifully decorated. Divided into paragraphs and headings. It is advisable to draw a conclusion at the end of the article.

Rules for Website:
•   The site must have its own audience
•   Checking sites by Alexa-rank and we can demand statistics.
•   The content must be original.
•   Check for originality by antiplagiarism.net and content-watch (80-100% originality)
•   Not original articles will not be accepted
•   Do not put counters on your website, only official (Google Analytics, Alexa Rank and Yandex Metrika)
•   Your articles should be beautifully decorated. Divided into paragraphs and headings. It is advisable to draw a conclusion at the end of the article.

We will have a contest for the best video:
1st place - 100 000 VTM
2nd place - 50 000 VTM
3rd place - 30 000 VTM
4th place - 20 000 VTM

Link for check your status in YouTube/Blog/Articles campaign:https://goo.gl/7pD8ca

5% = 500 000 VTM

•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;

promotion
Wear the logo of Victorieum in your telegram profile photo - 30 tokens per week
Add victorieum.io link: "https://www.victorieum.io" in your Telegram public name – 20 tokens per week
For example: Andrew https://www.victorieum.io

Logo -

partisan marketing:
You should mention our project in chats connected with cryptocurrency / bounty / investments in ICO.
Reckless / spam messages won't be counted! You should mention our project, not directly advertise it!!!
1 Valid post - 100 tokens
You must do screenshot or link to message and send it in your weekly report.

for group/channels owners:
You can Pin message with information about our project in your chat/channel. You get for it 200 tokens per week.
But the chat / channel must have a minimum 100 members.
So you can make a post about our project. You will get 200 tokens for each new post.
You must notify me of your work in the weekly report.

Link for check your status in Telegram campaign:https://goo.gl/wQGmzU

5% = 500 000 VTM

weekly rewards:
50-250 connections: 1 stakes per week
251-500 connections: 2 stakes per week
500+ connections: 3 stakes per week

LinkedIn coditions:
•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;
•   Your LinkedIn account must have at least 50 contacts
•   Your LinkedIn account must be open as a Public Profile
•   You must like and repost 4 posts per week from our LinkedIn account.
•   You must post minimum 1 commet per week. Comments must be constructive and at least 30 characters in length. Spam posts will not count.
•   Participants must post their report ONCE PER WEEK in this thread. Deadline for each week is Friday 23:59 forum time. Always make a new Report posts to submit your report. Do not edit old reports and add your new report.

Link for check your status in LinkedIn campaign:https://goo.gl/UeeHTW

5% = 500 000 VTM

General rules:
•   Your Reddit profile must have at least 10 karma points

Weekly rewards:
•   Upvote post – 1 Stake.
•   Make comments – 1 Stake per comment. (30+ characters long, constructive). Useless comments will be deleted without stakes

Rules:
•   Write a message to this bot https://t.me/VictorieumBounty_bot and follow the instructions;
•   You must make at least 10 comments overall (during the whole campaign).
•   You can not delete your comments during this campaign
•   Posts must be constructive and on-topic. Spam, low-quality posts, copypaste, and off-topic posts are strictly prohibited. Users found doing so will be immediately and permanently disqualified from all bounty activities.
•   Participants must post their report ONCE PER WEEK in this thread. Deadline for each week is Friday 23:59 forum time. Always make a new Report posts to submit your report. Do not edit old reports and add your new report.

Link for check your status in Reddit campaign: https://goo.gl/6rKntz

[qtgwith]

This website looks good: http://counterparty.co/

It's not official one.

[swartzfeger]

This website looks good: http://counterparty.co/

It's not official one.

So what's the official site? I'd like somewhere to go to be notified of the OS X installer release...

[xnova]

This website looks good: http://counterparty.co/

It's not official one.

So what's the official site? I'd like somewhere to go to be notified of the OS X installer release...

counterparty.co *is* the official site. We added a notice to say that it is still under construction.

[xnova]

In other words, the new burner is giving money to the earlier burner!!! The new burner from now may become loss!!!The risk is becoming more as the burned coin increase. The new burner may have great risk now.

Is it me, or this was said already?

It was. The FUD is kinda annoying..

whew. I honestly felt like I was Bill Murray in Groundhog Day there for a second...

[520Bit]

This website looks good: http://counterparty.co/

It's not official one.

Counterparty was up on Coindesk: http://www.coindesk.com/smart-property-colored-coins-mastercoin/

That's how I know the website: http://counterparty.co/

You can make your own decision.



PLEASE USE THIS avatar -

HERO/LEGENDARY

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fgfgfgfg Victorieum

|

DIGITAL WALLET REVOLUTION                     Victorieum-Worlds First Crypto Bank

|

BTC                      ▄█████▄   ▄▄      ▐█▄           ▄███████████▀      ████▄▄       ▐█████████████▀      ▐███████▄▄   ▐████████████        ███████████████████████▌      ▐████████████████████████       ▀███████████████████████         ▀████████████████████         ████████████████████          ▀█████████████████            ▄█████████████▀      ▄▄▄▄█████████████▀        ▀▀█████████▀▀                                          ▄▄▄█▄▄                               ▄▄███▀▀▀ ██▌                          ▄▄███▀▀▀     ▐██                     ▄▄████▀▀          ██▌                ▄▄████▀▀     ▄▄▀      ███           ▄▄████▀▀       ▄█▀        ▐██       ▄████▀▀         ▄██▀         ▄██     ▐██▀          ▄▄███            ██▌      ▀████▄▄▄ ▄▄████▀             ███           ▀▀▀██████▄             ▄██              ██▌ ▀▀█████▄▄       ██▀               ██▄    ███▀▀████▄▄███                ██▌ ▄██▀       ▀▀▀▀                 ████▀              ▄▄█████████          ▄██████████████          █████████▀          ████████▌      ███████████████████      ██████████████████▀          ████████▌          ████████▌          ████████▌          ████████▌          ████████▌          ████████

Code:

[center][table][tr][td][url=http://www.victorieum.io][size=2px][tt][color=#120b3f]
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[url=http://www.victorieum.io][size=20pt][glow=#1f0753,2,300][b][color=#fff]Victorieum[/glow][/url][/td][td][center][font=arial][size=20pt][color=#641d77]|[/color][/size][/font][/center][/td][td][/td][td][url=http://www.victorieum.io][size=18pt][b][color=#fff][glow=#1e0650,1]D[/glow][glow=#1f0753,1]I[/glow][glow=#1f0957,1]G[/glow][glow=#200a5a,1]I[/glow][glow=#200b5d,1]T[/glow][glow=#210c60,1]A[/glow][glow=#220e64,1]L[/glow][glow=#23106a,1] W[/glow][glow=#23116d,1]A[/glow][glow=#241371,1]L[/glow][glow=#241474,1]L[/glow][glow=#251577,1]E[/glow][glow=#2a1578,1]T[/glow][glow=#33167b,1] R[/glow][glow=#37177c,1]E[/glow][glow=#3c177d,1]V[/glow][glow=#41187f,1]O[/glow][glow=#451880,1]L[/glow][glow=#4a1881,1]U[/glow][glow=#4e1982,1]T[/glow][glow=#531984,1]I[/glow][glow=#571a85,1]O[/glow][glow=#5c1a86,1]N[/glow][/size]
   [size=8pt][color=#531984][b]                  Victorieum-Worlds First Crypto Bank[/b][/color][/size][/url][/td][td][/td][td][center][font=arial][size=20pt][color=#641d77]|[/color][/size][/font][/center][/td][td][table][tr][td][/td][td][size=28pt][url=https://bitcointalk.org/index.php?topic=5039127][color=#120b3f] [btc][/url][/size][/td][td][url=https://twitter.com/victorieum][font=monospace][size=2px][color=#00acee]

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SR MEMBER

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fgfgfgfg Victorieum

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DIGITAL WALLET REVOLUTION                     Victorieum-Worlds First Crypto Bank

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[center][table][tr][td][url=http://www.victorieum.io][size=2px][tt][color=#120b3f]
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[url=http://www.victorieum.io][size=20pt][b][color=#1f0753]Victorieum[/url][/td][td][center][font=arial][size=20pt][color=#641d77]|[/color][/size][/font][/center][/td][td][/td][td][url=http://www.victorieum.io][size=18pt][b][color=#1e0650]D[/color][color=#1f0753]I[/color][color=#1f0957]G[/color][color=#200a5a]I[/color][color=#200b5d]T[/color][color=#210c60]A[/color][color=#220e64]L[/color] [color=#23106a]W[/color][color=#23116d]A[/color][color=#241371]L[/color][color=#241474]L[/color][color=#251577]E[/color][color=#2a1578]T[/color] [color=#33167b]R[/color][color=#37177c]E[/color][color=#3c177d]V[/color][color=#41187f]O[/color][color=#451880]L[/color][color=#4a1881]U[/color][color=#4e1982]T[/color][color=#531984]I[/color][color=#571a85]O[/color][color=#5c1a86]N[/color][/size]
   [size=8pt][color=#531984][b]                  Victorieum-Worlds First Crypto Bank[/b][/color][/size][/url][/td][td][/td][td][center][font=arial][size=20pt][color=#641d77]|[/color][/size][/font][/center][/td][td][table][tr][td][/td][td][size=28pt][url=https://bitcointalk.org/index.php?topic=5039127][color=#120b3f] [btc][/url][/size][/td][td][url=https://twitter.com/victorieum][font=monospace][size=2px][color=#00acee]

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FULL MEMBER

▰▰▰   Victorieum   ▰▰▰▰▰  DIGITAL WALLET REVOLUTION  ▰▰▰▰▰
 ▰▰▰ Victorieum-Worlds First Crypto Bank ▰▰▰
●  Ann Thread   ●   Facebook   ●   Telegram   ●   Twitter   ●

Code:

[center][color=#150f46]▰▰▰   [url=http://www.victorieum.io/][b][color=#150f46]Victorieum   [color=#150f46]▰▰▰▰▰  [b][color=#1e0650]D[/color][color=#1f0753]I[/color][color=#1f0957]G[/color][color=#200a5a]I[/color][color=#200b5d]T[/color][color=#210c60]A[/color][color=#220e64]L[/color] [color=#23106a]W[/color][color=#23116d]A[/color][color=#241371]L[/color][color=#241474]L[/color][color=#251577]E[/color][color=#2a1578]T[/color] [color=#33167b]R[/color][color=#37177c]E[/color][color=#3c177d]V[/color][color=#41187f]O[/color][color=#451880]L[/color][color=#4a1881]U[/color][color=#4e1982]T[/color][color=#531984]I[/color][color=#571a85]O[/color][color=#5c1a86]N[/color]  ▰▰▰▰▰
 [color=#150f46]▰▰▰ [size=8pt][color=#8f2682][b]Victorieum-Worlds First Crypto Bank[/b][/color][/size] ▰▰▰[/url]
●  [url=https://bitcointalk.org/index.php?topic=5039127][color=#5482d6][b]Ann Thread[/b][/color][/url]   ●   [url=https://www.facebook.com/Victorieum.io][color=#5482d6][b]Facebook[/b][/color][/url]   ●   [url=https://t.me/victorieumtoken][color=#5482d6][b]Telegram[/b][/color][/url]   ●   [url=https://twitter.com/victorieum][color=#5482d6][b]Twitter[/b][/color][/url]   ● 
[/center]

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▰▰▰   Victorieum   ▰▰▰▰▰  DIGITAL WALLET REVOLUTION ▰▰▰▰▰
 ▰▰▰ Victorieum-Worlds First Crypto Bank ▰▰▰
●  Ann Thread   ●   Facebook   ●   Telegram   ●   Twitter   ●

Code:

[center][url=http://www.victorieum.io/]▰▰▰   [b]Victorieum   ▰▰▰▰▰  [b]DIGITAL WALLET REVOLUTION ▰▰▰▰▰
 ▰▰▰ [size=8pt][b]Victorieum-Worlds First Crypto Bank[/b][/size] ▰▰▰[/url]
●  [url=https://bitcointalk.org/index.php?topic=5039127][b]Ann Thread[/b][/url]   ●   [url=https://www.facebook.com/Victorieum.io][b]Facebook[/b][/url]   ●   [url=https://t.me/victorieumtoken][b]Telegram[/b][/url]   ●   [url=https://twitter.com/victorieum][b]Twitter[/b][/url]   ● 
[/center]

JR.MEMBER

▰▰▰   Victorieum   ▰▰▰
▰▰▰  DIGITAL WALLET REVOLUTION ▰▰▰
https://www.victorieum.io/

Code:

[center]▰▰▰   [b]Victorieum   ▰▰▰ 
▰▰▰  [b]DIGITAL WALLET REVOLUTION ▰▰▰
https://www.victorieum.io/

[swartzfeger]

This website looks good: http://counterparty.co/

It's not official one.

Counterparty was up on Coindesk: http://www.coindesk.com/smart-property-colored-coins-mastercoin/

That's how I know the website: http://counterparty.co/

You can make your own decision.

Looks official enough for me. Doesn't appear to be a newsletter link, so I guess I have to follow this thread now for OS X announcements.

[xnova]

This website looks good: http://counterparty.co/

It's not official one.

Counterparty was up on Coindesk: http://www.coindesk.com/smart-property-colored-coins-mastercoin/

That's how I know the website: http://counterparty.co/

You can make your own decision.

Looks official enough for me. Doesn't appear to be a newsletter link, so I guess I have to follow this thread now for OS X announcements.

Again, counterparty.co IS the official website (I am a Counterparty team member).

EDIT: Website has been cleaned up some. FAQs should work now.

[IamNotSure]

This website looks good: http://counterparty.co/

It's not official one.

Counterparty was up on Coindesk: http://www.coindesk.com/smart-property-colored-coins-mastercoin/

That's how I know the website: http://counterparty.co/

You can make your own decision.

Looks official enough for me. Doesn't appear to be a newsletter link, so I guess I have to follow this thread now for OS X announcements.

Again, counterparty.co IS the official website (I am a Counterparty team member).

Are you Bill Murray  ?

[led_lcd]

Again, counterparty.co IS the official website (I am a Counterparty team member).

EDIT: Website has been cleaned up some. FAQs should work now.

Just a small suggestion to put the word 'official' somewhere so it is clear to everyone.

[Luckybit]

Agree!!!:

More people burn now means less chance to get more than 10x return like Mastercoin in short time.

Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.

For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.

Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).

This is not entirely true. What happens if people start destroying XCP in the future for even better opportunities? The only thing you should concern yourself with is whether or not XCP can do what you need it to do as an entrepreneur. If you actually create DACs with it so that demand rises then you don't have to worry about this problem.

All of you who are concerned about the price should be looking for ways to increase demand for XCP.

[BitThink]

Agree!!!:

More people burn now means less chance to get more than 10x return like Mastercoin in short time.

Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.

For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.

Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).

This is not entirely true. What happens if people start destroying XCP in the future for even better opportunities? The only thing you should concern yourself with is whether or not XCP can do what you need it to do as an entrepreneur. If you actually create DACs with it so that demand rises then you don't have to worry about this problem.

All of you who are concerned about the price should be looking for ways to increase demand for XCP.

Yes, I agree with you. In long term the price depends only on how many adaptors use counterparty system.

What I said above is just try to warn those who want to see 10x, 100x, or even 1000x in short term (weeks after IPO, such as in Nxt and Mastercoin cases). They may be disappointed to see the price after IPO does not increase much.

[520Bit]

Agree!!!:

More people burn now means less chance to get more than 10x return like Mastercoin in short time.

Those kind of return (10x -> 1000x) requires that people highly suspect it in the beginning and then later found it real and useful. The extreme case is Nxt. Almost no one trusted it in the IPO stage (they got 21 BTC only), and then when the client came out and it worked, the price shot up because the demand suddenly increases but most chips are controlled in the hand of a few people and it's quite easy for they to hold and see the price up to the sky.

For XCP, 1) people are already quite familiar with the idea due to MSC; 2) the 'Prove by Burn' removes the trust issue; 3) the client is working and we can see the source code, so you can see that there're already 1200 BTC burnt in less than half a month. The situation, however, is almost the same after the IPO. Most of people want to buy will burn now anyway. For the demand from those new comers, the supply (from those want quick profit of 30-40%) will be enough to keep the low price.

Therefore, no reason to expect the price could rise significantly without any big news (e.g. a beautiful and user friendly client; a famous asset such as AM moves in; or a lot of bets like those in bitbet are available).

This is not entirely true. What happens if people start destroying XCP in the future for even better opportunities? The only thing you should concern yourself with is whether or not XCP can do what you need it to do as an entrepreneur. If you actually create DACs with it so that demand rises then you don't have to worry about this problem.

All of you who are concerned about the price should be looking for ways to increase demand for XCP.

Yes, I agree with you. In long term the price depends only on how many adaptors use counterparty system.

What I said above is just try to warn those who want to see 10x, 100x, or even 1000x in short term (weeks after IPO, such as in Nxt and Mastercoin cases). They may be disappointed to see the price after IPO does not increase much.

If you believe the XCP PoB concept, then invest it. If you doubt the XCP value, then keep away from it. I think XCP is based on Bitcoin, people develop XCP by real money, so XCP do have its own value. It is cheaper now, but what will you say after one year?

Monitor this address https://blockchain.info/address/1CounterpartyXXXXXXXXXXXXXXXUWLpVr forever, then you will predict the value of XCP.

If you try to vanitygen the address 1CounterpartyXXXXXXXXXXXXXXXUWLpVr by a laptop with i7 dual core/4 thread, it will take you far more than 2.6*10^21 years with a 50% opportunity to get the private key. So personally, I believe XCP is valuable just because the value of Bitcoin address 1CounterpartyXXXXXXXXXXXXXXXUWLpVr.

Meanwhile, XCP is the first PoB based application I have ever seen. If bitcoins are always in 1CounterpartyXXXXXXXXXXXXXXXUWLpVr, XCP will always valuable.

Maybe there will be an atom computer in the future to calculate the private key, but all of us here are history at that time.

[halfcab123]

Where can I read in depth about xcp

[qtgwith]

The bitcoins in 1CounterpartyXXXXXXXXXXXXXXXUWLpVr are burned forever. No any value. If these bitcoins are donated to XCP developers, they will create much value. The POB is not an absolute good way.