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

[editor499]

msc DEx solves BTC/MSC exchange nicely by having it only on the sell side, so msc price will only go up and up since nobody can dump it on DEx, much wow

MSC DEx only has the sell side, I think that it's a nice idea to solve the matching based on sell orders and buy orders automatically.

[bitexch]

msc DEx solves BTC/MSC exchange nicely by having it only on the sell side, so msc price will only go up and up since nobody can dump it on DEx, much wow

MSC DEx only has the sell side, I think that it's a nice idea to solve the matching based on sell orders and buy orders automatically.

This strategy won't work when there's high volume: multiple users can choose the same order. Orders overlapping is a big problem.

[dotcoin.info]

poloniex freeze XCP trading with no explanation.

[309biter]

I seem to miss an interesting coin.

[kongotown]

there is a problem using the bitcointalk forum and counterparty forum in an annonymous way.

the email activation link of the counterparty forum user account never shows up and i cant comment on thing i would have commented annonymously. this is important for the community's open disscussion

this is a real problem and if anyone could solve it / tell me of a way to comment on bitcointalk and counterparty forum through tor (including opening an annonymous email account that gets email activation from counterparty forum) i would really appreciate it.

[prophetx]

msc DEx solves BTC/MSC exchange nicely by having it only on the sell side, so msc price will only go up and up since nobody can dump it on DEx, much wow

MSC DEx only has the sell side, I think that it's a nice idea to solve the matching based on sell orders and buy orders automatically.

This strategy won't work when there's high volume: multiple users can choose the same order. Orders overlapping is a big problem.

that is not true there is one to one matching.  the first one in, assuming they send btc, is the first one out to get msc.

[prophetx]

there is a problem using the bitcointalk forum and counterparty forum in an annonymous way.

the email activation link of the counterparty forum user account never shows up and i cant comment on thing i would have commented annonymously. this is important for the community's open disscussion

this is a real problem and if anyone could solve it / tell me of a way to comment on bitcointalk and counterparty forum through tor (including opening an annonymous email account that gets email activation from counterparty forum) i would really appreciate it.

have you heard of google?

donate 1 btc to xcp dev's and i will tell you how to do it

[bitexch]

msc DEx solves BTC/MSC exchange nicely by having it only on the sell side, so msc price will only go up and up since nobody can dump it on DEx, much wow

MSC DEx only has the sell side, I think that it's a nice idea to solve the matching based on sell orders and buy orders automatically.

This strategy won't work when there's high volume: multiple users can choose the same order. Orders overlapping is a big problem.

that is not true there is one to one matching.  the first one in, assuming they send btc, is the first one out to get msc.

Nevertheless, it will make for a very unpleasant user-experience. You will have to constantly reconstruct your order, basically if you don't happen to click on the order first.

Also, only allowing users who are selling MSC to make limit order is completely arbitrary. Counterparty's distributed exchange allows both parties to place limit orders and always matches them based on the terms made by the first party. It's a better and much more general approach.

[kirivas_s]

XCP balance and trade volume in BTER don't add up

[Chang Hum]

I think if we integrate application level URI schemes (i.e. xcp://) http://msdn.microsoft.com/en-us/library/ie/aa767914(v=vs.85).aspx, with a distributed storage parallel block chain to host websites -- the value of xcp would go up marginally in about a week.  

In fact a simple executable with root privileges could reprogram browsers without any user effort.

Thoughts? If enough people are interested I can partially fund this project. ©

[halfcab123]

Why can't the protocol ping the bitcoin network for a new address when escrow is required. The public and private key pair are double encrypted and stored in the bitcoin block chain and counterparty sends the escrow bitcoin to the address and is able to move them if needed whether canceling or completing an order match.

This seems simple to me, correct me if wrong.

[IamNotSure]

XCP balance and trade volume in BTER don't add up

what's the BTER address ?

[kirivas_s]

XCP balance and trade volume in BTER don't add up

what's the BTER address ?

1BJabQHEj7sAqwdx9unzT3HpoHn9Yockbp

[IamNotSure]

XCP balance and trade volume in BTER don't add up

what's the BTER address ?

1BJabQHEj7sAqwdx9unzT3HpoHn9Yockbp

It's probably not their only one.

I've received once a withdraw from this one

1NFeBp9s5aQ1iZ26uWyiK2AYUXHxs7bFmB

[kirivas_s]

XCP balance and trade volume in BTER don't add up

what's the BTER address ?

1BJabQHEj7sAqwdx9unzT3HpoHn9Yockbp

This is Poloniex's hot wallet address.

Please do not spread FUD when you don't know what you are talking about.

Thanks for your advice

[flayway]

XCP balance and trade volume in BTER don't add up

BTER XCP trade volume have been every day ~8-15 BTC/24 hours, now it is 107 BTC in last 24hours.

[kirivas_s]

XCP balance and trade volume in BTER don't add up

BTER XCP trade volume have been every day ~8-15 BTC/24 hours, now it is 107 BTC in last 24hours.

Probably reaction to addition of XCP to CNY market

[porqupine]

Why can't the protocol ping the bitcoin network for a new address when escrow is required. The public and private key pair are double encrypted and stored in the bitcoin block chain and counterparty sends the escrow bitcoin to the address and is able to move them if needed whether canceling or completing an order match.

This seems simple to me, correct me if wrong.

Because someone needs to do generate the new address and generating a new address which is spendable involves generating a private key.

[BitcoinTangibleTrust]

Product and Service Updates: March 15, 2014
Our goal will be to offer daily updates on our new Asset Backed Coin services on a daily basis with the Counterparty Community. We welcome your continued feedback as we build our platform and services on Counterparty

Updated FAQ
We have updated our Updated FAQ with the questions and answers we shared with the community this week.  We would like to extend our thanks to the following community members who have asked us about our service for the benefit of our new clients and even our newest partners.  Special thanks to:

• miscreanity
• sparta_cuss
• porqupine
• led_lcd
• halfcab123
• trilli0n
• kdrop22
• cityglut
• MattY

If there are any other questions the community demands of us, please do ask us these questions. Our mission is to build a reputable service that can increase the value of XCP holders.

New Asset Proofs
We are implementing 3 Proofs for all assets we purchase and then hold in custody with our custodian companies. They include the following

• Proof of Purchase: We collect and provide all gold and silver purchase receipts for all assets we purchase
• Proof of Possession: We share picture proof of all assets under custody possession with Serial Numbers
• Proof of Custody: You may all our Custody Companies directly for Proof of Custody Account. This is currently on a per customer basis.

What about Trustless?
We understand that we can do better to decentralize and make this process even more trustless. We will continue to build new features into this process programmatically. We are glad to provide contact information to our Custodians for any of our assets for independent verification.

Our ASK for help today
Will you please look at our website offerings at http://www.bitcointangibletrust.com and share your feedback or criticisms on what we can do to make our offerings compelling for you to purchase a digital gold coin, today?

Many Thanks
The Bitcoin Tangible Trust Team

[MoneypakTrader.com]

We've launched MPUSD, using a 200% double bitcoin reserve, this USD denominated asset will allow USD trading on the Counterparty DEX.
Buy it and make some free XCP. . .

In order to promote our new Counterparty Assets which are 100% USD backed and redeemable (for full face value in BTC or MP) currency, we'll be paying a total of at least 2000 XCP in dividends to holders of MPUSD over the next month on about a weekly basis. We may or may not continue this promotion after that into future months depending on interest.
At the current distribution levels of 10,000 MPUSD that would be 0.2 XCP per MPUSD if held for the next month (BIG PROFIT!!).
If there is sufficient demand, we will issue and distribute more MPUSD so long as our publicly verifiable Bitcoin reserves are at least 200% of the MPUSD value distributed (to ensure adequate backing for the currency).

We've also designated another 500 XCP to be paid to the first professional/central website exchange that continuously allows MPUSD/BTC trading available to users through TOR for one week without interuptions (linking to the official post description about what MPUSD is). Theoretically, an exchange operator could buy out virtually all of the MPUSD and facilitate trading it on their exchange while doube-dipping into both of these promotions for close to the full XCP reward (provided others don't buy into MPUSD or withdraw their MPUSD from the exchange). This promotion expires April 15th, making April 8th the last day for exchanges to ask for review on the reward (send email or chat message to notify us of your implementation to allow our monitoring of your uptime).

We openly trade cryptocurrencies through Torchat, FacebookChat, and the Counterparty Distributed EXchange (DEX). More info about these new fully backed currencies our feedback thread - https://bitcointalk.org/index.php?topic=133439.msg5664449#msg5664449