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

[prophetx]

i'm feeling rather generous today in giving out knowledge.

so here's a clue of what kind of interface will be required for "asset issuance" to take off

i recommend anyone interested in this part of the business peruse the user experience on this site linked beloow both from the project lead, project evangelist and the to be project follower perspectives.

https://www.kickstarter.com/

some stats...
https://www.kickstarter.com/help/stats?ref=help_nav

for the leader and evangelist
https://www.kickstarter.com/help/school

and then take note of what particular category the vast majority of top 50 projects fall into... guess what the synergies are between meta-coin and this particular category...

https://www.kickstarter.com/discover/advanced?state=successful&sort=most_funded


have a nice day everyone

 

Are you suggesting that assets for games will be the most popular in Counterparty?

On the other hand, a crowfunding system on top of Counterparty could replace kickstarter completely or reduce the fees to almost nothing.  Not only that, but there would be no centralized entity to make arbitrary decisions to pull project listings.

both.  but it's a while out.  the bitcoin community is like a bunch of hardware guys that don't even know their h/w is meant to run software. i mean for xrist sake porn.com only started using bitcoin a couple months ago.  think about why that is?  this community utterly sucks at evangelizing to anyone that does not want to buy an ASIC miner and print funny internet money.

why are people so against paying fees?  keep in mind that designing these sites, writing the code, doing user focus groups, gathering data, community engagement all take time and cost money.  

try not to focus on the negatives, more about the positives and empowering people.  

low fees are useless if you get shit for service, now of course everyone hates high fees and shit for service... but in fact many people are willing to pay even more for great service.

[mal_awer]

2014-03-11 07:54:51   Sell   0.00410   13.000
2014-03-11 07:53:29   Sell   0.00410   64.000   

to the seller, please if you have more available do get in touch for bulk sells

Lol, some noobs don't understand shallow markets yet

Check the transactions of this address : 17QGXdQEgjvjVR6h66u1bPKVMHKiVFqiy9

They may be genuine transactions but XCPs are regularly transferred to this address from burn addresses and then to exchanges

[IamNotSure]

2014-03-11 07:54:51   Sell   0.00410   13.000
2014-03-11 07:53:29   Sell   0.00410   64.000   

to the seller, please if you have more available do get in touch for bulk sells

Lol, some noobs don't understand shallow markets yet

Check the transactions of this address : 17QGXdQEgjvjVR6h66u1bPKVMHKiVFqiy9

They may be genuine transactions but XCPs are regularly transferred to this address from burn addresses and then to exchanges

Must be someone who burned alot. I don't see anything fishy.

[BitcoinTangibleTrust]

2014-03-11 07:54:51   Sell   0.00410   13.000
2014-03-11 07:53:29   Sell   0.00410   64.000   

to the seller, please if you have more available do get in touch for bulk sells

Lol, some noobs don't understand shallow markets yet

Check the transactions of this address : 17QGXdQEgjvjVR6h66u1bPKVMHKiVFqiy9

They may be genuine transactions but XCPs are regularly transferred to this address from burn addresses and then to exchanges

Must be someone who burned alot. I don't see anything fishy.

Well whomever it is, they chose BTER to head to the exit. They may have received better pricing on the DEX...I guess they're in a hurry to buy some more AUR?

[qwertyqwerty]

I would be interested in a service which can interface with counterparty to allow a user to buy and later redeem a voucher
presumably, an asset would be created; for example 'amazongift10', the user would pay a price pegged to USD 10 equivalent to receive 1 'amazongift10', and would later navigate to a website, enter their email address and then make a tx of this asset, or some other similar mechanism

Please forgive my ignorance on the technical aspects.

If any developers out there feel they are capable of creating such a service (if it is even possible) please get in touch discuss & negotiate.

[IamNotSure]

Well whomever it is, they chose BTER to head to the exit. They may have received better pricing on the DEX...I guess they're in a hurry to buy some more AUR?

That's my guess, a big shareholder that want to exit. Some have already exited during last week on poloniex.

Problem is that on the DEX, if you want to sell XCP, you have to wait for the buyer to make a btcpay, or sell for XBTC but the orderbook is not filled enough to sell big stacks (a bummer since I tired it today and it was working perfectly, both the XBTC/XCP and XBTC/BTC. Maxmint fee of 1% is fainally not so much when you realize that everyhting is backed by the BTC blockchain)

[crypto era]

2014-03-11 07:54:51   Sell   0.00410   13.000
2014-03-11 07:53:29   Sell   0.00410   64.000   

to the seller, please if you have more available do get in touch for bulk sells

Lol, some noobs don't understand shallow markets yet

If you give money to an idiot. He will use it for toilet paper. Seriously though he might of also just needed the money off of it and had to sell it quick. I would love to get in on that too if he still has some.

[prophetx]

2014-03-11 07:54:51   Sell   0.00410   13.000
2014-03-11 07:53:29   Sell   0.00410   64.000   

to the seller, please if you have more available do get in touch for bulk sells

Lol, some noobs don't understand shallow markets yet

If you give money to an idiot. He will use it for toilet paper. Seriously though he might of also just needed the money off of it and had to sell it quick. I would love to get in on that too if he still has some.

that's what i was thinking.

remember 500M of people's money just went POOF! in the last month because ... not even gonna bother repeating it...

[BitThink]

To be fair, there are in deed couple of reasons to sell XCP now. First, the competitors, such as mastercoin DEX is suppose to be out in days. Second, the counterparty wallet is about to be released. This may be positive in long term, but could be negative in short term. Many burners are too lazy to install all the dependencies to sell their coins. Therefore, the web wallet may attract buyers slowly in long term, but bring a lot of sellers immediately.

I will not sell my XCP myself now, cause I just burnt couple of BTC and I am fine to lose them all. Those who burnt tens of BTC may think differently and choose to sell part of their holdings now.

[halfcab123]

Ok so I realize that low price sales on XCP are a touchy subject, and I am guessing someone is probably going to bite my head off for this, but I'm going to just be up front. I have 28 BTC on hand to purchase 6,000 XCP. I figured since it was a bulk buy, 0.0046 might be ok with someone out there looking to get their initial investment back 460%+ from IPO/Burn. Just let me know, if not, and this angers you, send me PM or just ignore this. Thanks.

If you want to do this, I prefer using an escrow that is noteworthy in this community. If you would like to just use the DEX, I'll gladly put the order in the order book if you want to match it, just don't feel like doing it unless I know someone wants to trade for all of it now.

[TheMightyX]

i'm feeling rather generous today in giving out knowledge.

so here's a clue of what kind of interface will be required for "asset issuance" to take off

i recommend anyone interested in this part of the business peruse the user experience on this site linked beloow both from the project lead, project evangelist and the to be project follower perspectives.

https://www.kickstarter.com/

some stats...
https://www.kickstarter.com/help/stats?ref=help_nav

for the leader and evangelist
https://www.kickstarter.com/help/school

and then take note of what particular category the vast majority of top 50 projects fall into... guess what the synergies are between meta-coin and this particular category...

https://www.kickstarter.com/discover/advanced?state=successful&sort=most_funded


have a nice day everyone

 

Are you suggesting that assets for games will be the most popular in Counterparty?

On the other hand, a crowfunding system on top of Counterparty could replace kickstarter completely or reduce the fees to almost nothing.  Not only that, but there would be no centralized entity to make arbitrary decisions to pull project listings.

This is a slippery slope because there would also be no arbitrator to prevent scams/fraud projects and protect users. I would argue a centralized for-profit entity in this regard would be beneficial to the community at large. It would be in this entities best interests to prevent fraud and scams or else it would lose future investment opportunities.

[Fastpow]

No, like a decentralised online marketplace. with physical goods being escrowed in a trustless manner by the protocol


It will be the last feature mastercoin will work on,

Oh like multi sig stuff?  I haven't even pondered that idea. Like a crypto Amazon. Yeah that could be huge.

We (my partners an I) are working on this concept as we speak. I'll keep you posted.

could you elaborate please?

Sure,

At the moment it doens't really have anything to do with the XCP/Bitcoin protocol, it's going to be a way to actually create ways to use your crypto-coins. If your prefered coin is XCP (wich i assume) there'll be plenty of ways to create traffic in XCP trades for either goods or services.

I'm open to any ideas/suggestions about how to make XCP benefit from our ideas in the best way possible.

You can reach me here or through PM

[grandpa_seth]

Ok so I realize that low price sales on XCP are a touchy subject, and I am guessing someone is probably going to bite my head off for this, but I'm going to just be up front. I have 28 BTC on hand to purchase 6,000 XCP. I figured since it was a bulk buy, 0.0046 might be ok with someone out there looking to get their initial investment back 460%+ from IPO/Burn. Just let me know, if not, and this angers you, send me PM or just ignore this. Thanks.

If you want to do this, I prefer using an escrow that is noteworthy in this community. If you would like to just use the DEX, I'll gladly put the order in the order book if you want to match it, just don't feel like doing it unless I know someone wants to trade for all of it now.

Halfcab123 = Gordon Gekko

[wiseye]

Is there an independent wallet from BTC wallet?

[qwertyqwerty]

Is there an independent wallet from BTC wallet?

no.

[sumantso]

Many burners are too lazy to install all the dependencies to sell their coins. Therefore, the web wallet may attract buyers slowly in long term, but bring a lot of sellers immediately.

Pretty much and besides, the web wallet would have already been priced in.

Expecting cheaper XCPs in the near future.

[kdrop22]

Many burners are too lazy to install all the dependencies to sell their coins. Therefore, the web wallet may attract buyers slowly in long term, but bring a lot of sellers immediately.

Pretty much and besides, the web wallet would have already been priced in.

Expecting cheaper XCPs in the near future.

Yes, but at the current prices we are at 25% market cap of Mastercoin. A very attractive valuation.

[kdrop22]

Someone made an informative post on XCP.
Please upvote
http://www.reddit.com/r/Bitcoin/comments/205nb0/this_may_be_the_first_trustless_decentralized/

[IamNotSure]

Someone made an informative post on XCP.
Please upvote
http://www.reddit.com/r/Bitcoin/comments/205nb0/this_may_be_the_first_trustless_decentralized/

Asking for upvote is against the reddiquette (the post could be moderated because of that)

 Actually just post the the link and obviously everyone here will upvote.  

[dexX7]

Asking for upvote is against the reddiquette (the post could be moderated because of that)

This applies only to Reddit, I guess?

He is right:

In regard to voting

Send out IMs, tweets, or any other message asking people to vote for your submission — or comply when other people ask you. This will result in a ban from the admins. Your submission should get points for being good, not because the submitter is part of a voting clique.

Source: http://www.reddit.com/wiki/reddiquette