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Author Topic: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread  (Read 1276347 times)
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bb2ebb
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October 04, 2015, 01:10:48 AM
 #11781

What do any long term holders from launch or close think about buying now. Lowest market cap ever atm... Ive watched for a while and considered buying in before anyone have 'real' analysis? 

A great time to buy, just do it daily and steadily... little by little.

the current price is 0.003++ btc, do you think can getting chance for get price under it Smiley
I buy little by little also
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October 04, 2015, 01:11:38 AM
 #11782

What do any long term holders from launch or close think about buying now. Lowest market cap ever atm... Ive watched for a while and considered buying in before anyone have 'real' analysis? 

A great time to buy, just do it daily and steadily... little by little.

It will stay flat / keep dropping until new news comes out imo.

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October 04, 2015, 11:03:44 AM
 #11783

What do any long term holders from launch or close think about buying now. Lowest market cap ever atm... Ive watched for a while and considered buying in before anyone have 'real' analysis? 

A great time to buy, just do it daily and steadily... little by little.

It will stay flat / keep dropping until new news comes out imo.

Right.
That makes it a good time to buy IF one believes in the future of XCP. Now could be the "calm before the storm".
I don't want to "pump" the coin by telling people this is the time to invest, of course there's always RISK involved as with all investing ESPECIALLY crypto.
But subjectively I believe in XCP and I think it's going to be huge, so in my VERY subjective, amateurish assessment now could be a great time to buy precisely because it's flat and nothing is happening.
I was very successful with crypto, I bought PPCoin and Litecoin when they were "flatlined" and nothing was happening, and afterwards they both exploded!

I also don't agree with the people who say that due to the nature of Counterparty being "tied" to Bitcoin that XCP doesn't have potential of high value increase. The logic doesn't follow IMO esp. because proof-of-burn.
But I'll be gladly schooled and proven wrong by more knowledgeable people on this forum if there are logical arguments to convince me.
As it is now I believe XCP will gain value greatly as it is the technology to bring smart contracts to fruition. 
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October 04, 2015, 04:12:13 PM
 #11784

What do any long term holders from launch or close think about buying now. Lowest market cap ever atm... Ive watched for a while and considered buying in before anyone have 'real' analysis? 

A great time to buy, just do it daily and steadily... little by little.

It will stay flat / keep dropping until new news comes out imo.

Right.
That makes it a good time to buy IF one believes in the future of XCP. Now could be the "calm before the storm".
I don't want to "pump" the coin by telling people this is the time to invest, of course there's always RISK involved as with all investing ESPECIALLY crypto.
But subjectively I believe in XCP and I think it's going to be huge, so in my VERY subjective, amateurish assessment now could be a great time to buy precisely because it's flat and nothing is happening.
I was very successful with crypto, I bought PPCoin and Litecoin when they were "flatlined" and nothing was happening, and afterwards they both exploded!

I also don't agree with the people who say that due to the nature of Counterparty being "tied" to Bitcoin that XCP doesn't have potential of high value increase. The logic doesn't follow IMO esp. because proof-of-burn.
But I'll be gladly schooled and proven wrong by more knowledgeable people on this forum if there are logical arguments to convince me.
As it is now I believe XCP will gain value greatly as it is the technology to bring smart contracts to fruition. 


I generally agree with you. I bought a long time ago and I just hold. I don't trade.

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October 06, 2015, 07:54:25 PM
 #11785

Why cant i get into counterparty coding wallet so i can start coding?

it says this error:


failoverAPI: Call failed (failed over across all servers). Method: get_normalized_balances; Last error: JSON-RPC Error:
Type: Server error

Code: -32000

Message: Bad status code returned: '503'. result body: '{"code": -32000, "message": "Server error", "data": "Counterparty database is behind backend."}'.
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October 07, 2015, 06:03:41 PM
 #11786

Great news incoming

http://www.coindesk.com/symbiont-fintech-veterans-advisory-board/


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October 07, 2015, 10:50:07 PM
 #11787

RootStock [http://www.rootstock.io/] is a reminder of the potential for the Counterparty Protocol to be the Bitcoin-Blockchain embedded smart contract system.

There should be good cross-pollination of ideas and hopefully interoperability between these projects.
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October 08, 2015, 05:26:31 AM
 #11788


Why this is good news for Counterparty? As I understand Symbiont working separate from Counterparty?
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October 08, 2015, 07:43:22 AM
 #11789


Why this is good news for Counterparty? As I understand Symbiont working separate from Counterparty?

http://counterparty.io/news/symbiont-and-counterparty/


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October 08, 2015, 01:57:30 PM
 #11790

I am little tired from XCP. Always news coming and always nothing happened/released!

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October 08, 2015, 07:49:08 PM
 #11791

I am little tired from XCP. Always news coming and always nothing happened/released!

Patience is the key. It will pay off in the near future


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October 08, 2015, 08:01:28 PM
 #11792

I am little tired from XCP. Always news coming and always nothing happened/released!

This made me wonder when the thread was created... Jan 2014. Nice to see a project that's still around with improved prospects, not reduced potential, after so long.

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October 09, 2015, 09:38:29 AM
 #11793


For some reason it's not loading for me, so I'll mirror it here:

Quote
Symbiont and Counterparty
August 20, 2015

At our recent press-event, we issued a number of smart contract-based financial instruments onto the Bitcoin blockchain. This is the culmination of over half a year of hard work by our development team, and a major milestone towards our overarching goal of rapidly developing a platform for the issuance, management and trading of blockchain-based securities.

We had a precise business goal in mind when we started Symbiont, and it was clear that our vision for our securities platform required the full expressiveness of a smart contract implementation. As several realities became abundantly clear to us on both the regulatory and technical fronts, we developed technology based on Counterparty, but which differs from Counterparty itself in a number of key ways, being optimized for a private network with known participants. This technology (layered on the Bitcoin blockchain) was at the root of the demonstration we provided.

Symbiont as a business is, as it has always been, a separate entity from Counterparty. We build products to match our clients’ needs, and Counterparty (as an open, public platform) cannot service all use-cases. However, Counterparty is a core part of the Symbiont “tech stack”, with entirely complementary technology to the other systems we are developing. In cases where public network on public blockchain (Bitcoin) solutions are most appropriate, Counterparty is the prime tool in our toolbelt.

Effectively, nothing has changed with respect to our enthusiasm for the potential of Counterparty, and permissioned ledgers will augment Symbiont’s platform offerings, not compete with the many market uses for Counterparty. We will continue to support the Counterparty ecosystem by providing development resources, funding Ivana Zuber in her position as Executive Director of the Counterparty Foundation and handling incoming business development inquiries. However, as we onboard more clients and partners, and develop more products, we will not be able to discuss if, why or how that client product uses or does not use Counterparty. (Determining use of Counterparty should be clear to anyone via a Counterparty block explorer.)

These are exciting times for blockchain-based technologies, as we stand at the beginning of replacing the core archaic, error-prone banking and securities technology in use today. We thank you all for your interest, and will continue to issue announcements on the relevant blogs (Symbiont or Counterparty) as things develop further.

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October 09, 2015, 10:11:58 AM
 #11794

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.
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October 09, 2015, 11:23:53 AM
 #11795

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

So they have a landing page... and are proclaiming to port an unfinished engine onto a theoretical concept. Is anyone supposed to be impressed by this?


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October 09, 2015, 11:35:19 AM
 #11796

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

So they have a landing page... and are proclaiming to port an unfinished engine onto a theoretical concept. Is anyone supposed to be impressed by this?


They said a white paper will be published in couple of weeks. I am waiting to see how they plan to solve the side chain support and security problem. In case the plan is reasonable, a token with fixed exchange rate with BTC and can be instantly converted to Bitcoin could be much more attractive than introducing a new coin, such as ETH and XCP.
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October 09, 2015, 11:36:06 AM
 #11797

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

So they have a landing page... and are proclaiming to port an unfinished engine onto a theoretical concept. Is anyone supposed to be impressed by this?


They said a white paper will be published in couple of weeks. I am waiting to see how they plan to solve the side chain support and security problem. In case the plan is reasonable, a token with fixed exchange rate with BTC and can be instantly converted to Bitcoin could be much more attractive than introducing a new coin, such as ETH and XCP.

"We will publish a short story about how it could theoretically work, maybe. In a few weeks..."

Sigh. Enthusiasm is no substitute for code.

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October 09, 2015, 12:46:33 PM
 #11798

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

Since the current pace is nearly a standstill, I would have to agree.
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October 09, 2015, 04:53:58 PM
 #11799

rootstock.io   (Port ETH VM to a BTC pegged sidechain)

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

They have nothing except a landing page as far as I can tell.

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October 09, 2015, 06:02:40 PM
 #11800

If Counterparty team keeps the current pace, I think it will be overtaken sooner or later.

Since the current pace is nearly a standstill, I would have to agree.

The devs work on a private repo, and there are regular updates on the public repo as well. The illusion of a slow pace is because the devs don't promise anything in advance, they deliver code regularly and that's what gets real, tangible results.

If they wanted to pump they could advance flashy buzzwords 12 months before any code exists, and write 4 page blog posts about theory. Remember, Counterparty simply showed up. There was no 12 month announcement and e-mail list building. The code showed up, posted by anonymous devs. XCP seems strange among other Bitcoin projects for this reason, because it's about results much like the work of Satoshi.

Having some experience with dev teams, I much prefer those that code and network with known Wall Street players and finance giants instead of create theatrics to appease a small user-base. But maybe that's just me.

Since Symbiont is funding Counterparty and says it's a 'core aspect' of their toolkit, I doubt it's 'nearing a standstill'.

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