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

[Matt Y]

Will someone with the required technical prowess and free time, please answer this question?
http://www.reddit.com/r/cryptodev/comments/21c1dm/developers_battle_over_bitcoin_block_chain/

[porqupine]

Will someone with the required technical prowess and free time, please answer this question?
http://www.reddit.com/r/cryptodev/comments/21c1dm/developers_battle_over_bitcoin_block_chain/

Because you can't reverse a hash to get the data, you have to store the data somewhere else and check that it matches with the hash. There are a lot of obvious disadvantages to doing this.
Meanwhile no one has convincingly argued for the disadvantages of OP_Return 80, the data load is marginal, and spammers have access to OP_Return 40, or multisig for their purposes anyways.

edit: and the entire 'blockchain bloat' thing is just a bunch of crap. Someone sends their BTC to a centralized exchange, the exchange moves it around 3 or 4 times on receipt, another 3 or 4 times on withdrawal, this is actually consuming more transaction space in a block... So Counterparty offers a solution that is secure (unlike a centralized exchange) and it's blockchain bloat because it's not an 'official implementation supported by Bitcoin'.

[sparta_cuss]

Open question:
What are the chances that entrepreneurs and investors (like those at the CoinSummit right now) will put pressure on the Bitcoin core developers to cooperate with innovative technologies like Counterparty and Mastercoin? The investors that I have in mind are aware of the potential of Bitcoin and other cryptocurrencies to do things that current financial and commercial products and systems cannot do, and they see this space as a vast, untapped reservoir. Will they be able to sway the core developers to be more cooperative in order to develop the many supplemental products and services that can run on top of Bitcoin? What's your guess? 

[sherlock421]

i am coming!
i suggest xcp team use MXCP for Unit NOW。especially the net Wallet。like Mantissa pricing,this is Scientific research
and then it seem like more Bargaining chip for Issuance of asset
and more people like buy it because it seem so cheap like dogecoin
if 2 usd can buy 0.1XCP and 100MXCP ,i think you will choose 100mXCP because 100 look so comfortably than 0.1

[supersuber]

i am coming!
i suggest xcp team use MXCP for Unit NOW。especially the net Wallet。like Mantissa pricing,this is Scientific research
and then it seem like more Bargaining chip for Issuance of asset

Foresight

[coingifts]

i am coming!
i suggest xcp team use MXCP for Unit NOW。especially the net Wallet。like Mantissa pricing,this is Scientific research
and then it seem like more Bargaining chip for Issuance of asset
and more people like buy it because it seem so cheap like dogecoin
if 1.3 usd can buy 0.1XCP and 100MXCP ,i think you will choose 100mXCP because 100 look so comfortably then 0.1

Foresight

XCP will have a bright future.  2,648,496 is such a small quantity.   i think we should use mXCP as default unit from now on.

[sdersdf2]

i am coming!
i suggest xcp team use MXCP for Unit NOW。especially the net Wallet。like Mantissa pricing,this is Scientific research
and then it seem like more Bargaining chip for Issuance of asset
and more people like buy it because it seem so cheap like dogecoin
if 1.3 usd can buy 0.1XCP and 100MXCP ,i think you will choose 100mXCP because 100 look so comfortably then 0.1

Foresight

XCP will have a bright future.  2,648,496 is such a small quantity.   i think we should use mXCP as default unit from now on.

As a possible newbie coin-buyer, judging strictly from the chart action, is this coin dead?

[Bellebite2014]

i am coming!
i suggest xcp team use MXCP for Unit NOW。especially the net Wallet。like Mantissa pricing,this is Scientific research
and then it seem like more Bargaining chip for Issuance of asset
and more people like buy it because it seem so cheap like dogecoin
if 1.3 usd can buy 0.1XCP and 100MXCP ,i think you will choose 100mXCP because 100 look so comfortably then 0.1

Foresight

XCP will have a bright future.  2,648,496 is such a small quantity.   i think we should use mXCP as default unit from now on.

As a possible newbie coin-buyer, judging strictly from the chart action, is this coin dead?

Yes it is, go post somewhere else, thanks.

[qiqide]

I read the last couple of pages here and I really have to say: Be FRIENDLY to each other. The obvious was pointed out before: Bitcoin and Counterparty benefit from each other and are not competitors. So with the mutual benefit in mind please be constructive and differentiated. If someone is personally attacked it is less easy for him to move without the LOSS OF FACE. This is not the place to lift up your EGO by blaming others personally! 

[Corleone1918]

yes , People like to buy cheap things

[BitThink]

i am coming!
i suggest xcp team use MXCP for Unit NOW。especially the net Wallet。like Mantissa pricing,this is Scientific research
and then it seem like more Bargaining chip for Issuance of asset
and more people like buy it because it seem so cheap like dogecoin
if 1.3 usd can buy 0.1XCP and 100MXCP ,i think you will choose 100mXCP because 100 look so comfortably then 0.1

Foresight

XCP will have a bright future.  2,648,496 is such a small quantity.   i think we should use mXCP as default unit from now on.

As a possible newbie coin-buyer, judging strictly from the chart action, is this coin dead?

Why do you think so? Based on the price or volume?
Counterparty is different from the other altcoins. It provides new functions to BTC and it's value needs to evaluated on its function rather than its short term price or volume. The price now is still pure noise.

[qtgwith]

Yes.Please pay more attention to the amazing project,not the price. I believe it will give us a surprise soon.

[nakaone]

+1
Glad to see you back.

Thanks! We definitely have more good news to share! We're just waiting on another partner to close on our agreements.

http://newsbtc.com/2014/03/25/agora-commodities-reports-10-million-bitcoin-sales/

great

[sparta_cuss]

One of the primary arguments against POS - that one doesn't need to spend/invest in order to earn money through fees - is also an argument against saving to earn interest.

Certainly there will be people who hoard in order to earn fees, but no entrepreneur will be satisfied with such low returns. They will spend/invest their money to develop useful products and services for the prospect of significantly greater returns than through collecting tolls. And other users will want to buy those products or services, since the product or service is worth more to them than the little income they earn from the POS transaction fees.

There will always be hoarders, as I say, but the hoarders provide ballast and stability to the currency. Most savers will use the currency because it only has value when it is spent to create or consume real-world products and services.  

Hey, luizchen, I notice that you copied my entire post from yesterday word-for-word, and represented my words as if they are yours.   What are you doing?

https://bitcointalk.org/index.php?topic=395761.msg5894437#msg5894437

One of the primary arguments against POS - that one doesn't need to spend/invest in order to earn money through fees - is also an argument against saving to earn interest.

Certainly there will be people who hoard in order to earn fees, but no entrepreneur will be satisfied with such low returns. They will spend/invest their money to develop useful products and services for the prospect of significantly greater returns than through collecting tolls. And other users will want to buy those products or services, since the product or service is worth more to them than the little income they earn from the POS transaction fees.

There will always be hoarders, as I say, but the hoarders provide ballast and stability to the currency. Most savers will use the currency because it only has value when it is spent to create or consume real-world products and services.

[jl777]

Interesting article I ran into by Peter Todd:

"An alternative with better efficiency could be to use bare OP_CHECK(MULTI)SIG outputs to hold the nonce pubkey"

http://sourceforge.net/p/bitcoin/mailman/message/31813471/

[ko6028]

is it known how long the IOU will last?

I think that is a huge potential for coins
Great future

[ko6028]

Once xcp hits 0.05 I'm going to go to kinkos and get a poster made with some of the buy orders like art and put it on my wall to remember what it was like before I was rich.

I am very optimistic about it
Thank you
Good luck to you

[ko6028]

Is anyone else having problems logging in to Poloniex?  I'm getting a blank teal blue page after signing in on the login popup.  Busoni?

Can try to refresh
Try not to there is disadvantage
Good luck to you

[wizzardTim]

at the time being MAX seems much better to buy and hold till Thursday (at least)

[halfcab123]

at the time being MAX seems much better to buy and hold till Thursday (at least)

What's the short term story on Max?