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

[ifightformerkel]

Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward

What price do you expect in the next days?

Or in the next weeks?

On poloniex are building BIG buy walls atm from 67 to 60.  

With the news that broke about the stuffs XCP devs were building, i feel it would easily cross the current ETH market price.
Talking in terms of USD its should be able to go beyond $8 - $10

So you think it can go to a 900 million dollar market cap?

Then 1 coin would be 342$ Dollar Worth.  

[1714846950]

1714846950

[1714846950]

1714846950

[john03]

Can't believe people are ready to sell at this rate...its simply accumulation going on by whales before the price shoots northward

What price do you expect in the next days?

Or in the next weeks?

On poloniex are building BIG buy walls atm from 67 to 60.  

With the news that broke about the stuffs XCP devs were building, i feel it would easily cross the current ETH market price.
Talking in terms of USD its should be able to go beyond $8 - $10

So you think it can go to a 900 million dollar market cap?

Then 1 coin would be 342$ Dollar Worth.  

Well sky is the limit my friend, never forget even bitcoins were being sold at the rate of peanuts  .. and look where it is now

[mangox]

http://imgur.com/GuxpOuV

News screenshot

[str4wm4n]

Finally! Can't wait to see some awesome Dapps on the Bitcoin blockchain soon!

Hoping Dogeparty will have the same features soon as well. Fast blocktimes are better for certain types of contracts.

[ifightformerkel]

http://imgur.com/GuxpOuV

News screenshot

Nice Leak.

When it will be official presented, then the price will real erupt and will double 10 times imo.

[mangox]

All assets must be owner verified on https://counterpartychain.io

[maxraj]

Blockchains can do much more than just payments. One interesting observation is, in our quest to make the Bitcoin blockchain do more than remittances, we have to abandon BTC as the unit of account. Take colored coins, Counterparty, Ethereum, or sidechains for instance. None of these systems uses actual BTC as the unit of account. Not even sidechains will use the BTC unit of account. Instead they have to invent a brand new way to lock up the BTC unit of account and release an alternate unit of account that isn't as limited.

And if you believe the Bitcoin blockchain is the strongest chain, but aren't comfortable with hard forking Ethereum into Bitcoin Core, (never gonna happen) then systems like Counterparty are a valid approach.

"My personal opinion is that XCP-style meta-consensus systems are the next generation from here, at least as far as Bitcoin-based protocols are concerned". -- Vitalik Buterin, Ethereum lead dev
 

"So, Counterparty sucks because it is too powerful?
I was involved in the colored coins project for a few months before I moved to my position that XCP-style systems are strictly superior to CC in basically every possible way (and moved to Ethereum full-time, but I will say that Ethereum is not superior to CC in every possible way because it is not directly based on Bitcoin so doesn't have as nice interoperability properties" -- Vitalik Buterin, Ethereum lead dev

Our compatibility with Ethereum smart contracts is at the virtual machine level, so it doesn't matter what language (Serpent, Solidity, LLL, etc.), you write the contracts in---they'll run on both Counterparty and Ethereum the same. Between the Counterparty and the Ethereum communities, we'll figure out what languages we want to write contracts in and develop those. -- Adam Krellenstein, Counterparty lead dev

So we have a system which is entirely compatible with what is arguably Ethereums biggest selling points (turing complete dApps/smart contracts) with the real negative of slower block times but the real positive of a stronger, battle tested chain with a comparatively long established ecosystem.

And yet..

CounterParty current market cap: $2.70 Million
Ethereum current market cap:      $1.37 Billion

Ethereum is worth 378 times as much as CounterParty, ($1.35 Billion more!) Personally I think that disparity is too large to remain forever.  XCP is valued around 10 times less than of it's ATH. If Ethereums vision of programmable money in the form of smart contracts takes off, then we will have a wealth of code ready to be ported across to run on bitcoin blockchain too.

The only choice to run them on the bitcoin blockchain is Counterparty. CounterPartys gas costs are deductible in XCP which is removed from supply upon contract execution, rewarding XCP holders. XCP is also deflationary due to being debited when registering 'premium' alphanumeric asset names, and so far near 50k assets have been brought out of nearly 500k total transactions.  With a fairly limited total supply (2.6MM) of coin, and a new well-funded fintech offshoot in the form of Symbiont incorporating CounterParty in their stack an uptrack in asset registration and usage of smart contracting when the feature is greenlighted on main-net could feasibly raise the price up an order of magnitude back to previous heights, at least.

[andulolika]

Im really happy about this, darkclam (right now is a counterparty asset) is going to be something similar on the clam chain we have a while on it but when i read this on twitter i knew its something really good, its how it was meant to be.

[yofevo1]

i send xcp from bittrex to polo not receive until now 

[LordMeowMeow]

I didn't know you can write smart contracts for ETH and they will also now run on XCP/Bitcoin's network. That's pretty massive in my opinion. 

[jrmg]

I didn't know you can write smart contracts for ETH and they will also now run on XCP/Bitcoin's network. That's pretty massive in my opinion.  

How did you don't know that?

It was 1 year, 4 month and 6 days old news.  

http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/

[andyatcrux]

I didn't know you can write smart contracts for ETH and they will also now run on XCP/Bitcoin's network. That's pretty massive in my opinion.  

How did you don't know that?

It was 1 year, 4 month and 6 days old news.  

http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/

Maybe he is referring to the speculation that it will be ready for the MainNet soon.

[mmortal03]

Yes, i caught the news at http://www.bitcoinerrorlog.com/2016/03/17/counterparty-eats-ethereums-lunch-xcp-moons-eth-goes-bearish/

so Chris Derose confirms now. this is fun no matter where it ends  

So its official, that Counterparty destroyed right now ETH?

THats crazy. ETH will go under 100 million dollar.

Buy the rumor, sell the news?

[crotchsausage]

This is very sick news. Every hype product are possible do in Bitcoin blockchain.

[mishax1]

I didn't know you can write smart contracts for ETH and they will also now run on XCP/Bitcoin's network. That's pretty massive in my opinion.  

How did you don't know that?

It was 1 year, 4 month and 6 days old news.  

http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/

So why's the hype on the old news ? 

[flayway]

I didn't know you can write smart contracts for ETH and they will also now run on XCP/Bitcoin's network. That's pretty massive in my opinion.  

How did you don't know that?

It was 1 year, 4 month and 6 days old news.  

http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/

So why's the hype on the old news ? 

Because XCP was dead. Now it is walking dead.

[str4wm4n]

So can someone create a guide on how to run Ethereum contracts on Counterparty main net?

[Yaremi]

XCP smart contract its face?

[SebastianJu]

So can someone create a guide on how to run Ethereum contracts on Counterparty main net?

Is it live yet? I understood it as it is only a rumour that it will come to life. Though somewhere was mentioned that the feature was tested on testnet so maybe a tutorial is not too far away really.

[TheBomber999]

"The XCP is under maintenance" on bittrex