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

[mal_awer]

I am unable to import funds from blockchain.info wallets. Any help?

[Malibusparky]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

[ewibit]

I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted".
When I imported the private key to counterwallet, it shows "Not a valid private key".

same here...
tried a few times with firefox and chromium

[Finansist]

Great to see this innovation launched today.

Yes
Thank you for developers to respond

[PhantomPhreak]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

In order to disincentivise trolling of the orderbook, offers to sell BTC must provide a fee to miners, which must match the 'fee required' by orders buying BTC. The default fee is 1%. You can extend the expiration time of your order when selling BTC, so that the fee paid per unit time is as low as you want. I've just opened up a GitHub issue about this, so that the default expiration time for BTC sell orders is greater than for other orders.

[allwelder]

I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted and and Bitcoin-Qt format". When I imported the private key to counterwallet, it shows "Not a valid private key". Anyone know how to solve this problem? Many thanks.

anybody help me?

[Finansist]

any comments on how side chains make counter party redundant?

When you look for a platform that can weathered the storm best, would you put your most valuable assets on an inflatable raft tied to the Bitcoin boat?

I think most businesses would rather stay on BitcoinXCounterparty.

My guy
Bit collapse
We have a better choice or way?

[Finansist]

I am unable to import funds from blockchain.info wallets. Any help?

I hope you can put your question in a bit more detail
So that we can offer you the best help

[PhantomPhreak]

I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted and and Bitcoin-Qt format". When I imported the private key to counterwallet, it shows "Not a valid private key". Anyone know how to solve this problem? Many thanks.

anybody help me?

Importing uncompressed keys is high on our todo list.

[Malibusparky]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

In order to disincentivise trolling of the orderbook, offers to sell BTC must provide a fee to miners, which must match the 'fee required' by orders buying BTC. The default fee is 1%. You can extend the expiration time of your order when selling BTC, so that the fee paid per unit time is as low as you want. I've just opened up a GitHub issue about this, so that the default expiration time for BTC sell orders is greater than for other orders.

Yes but I was Buying BTC. Why was my btc balance reduced permanently twice after 2 unsuccessful orders.

[Mrrr]

This is interesting!

"To address the dearth of nodes in the Bitcoin network, the Counterparty Team will be launching the Nodeshares initiative. Nodeshares is a
non-profit that collects donations for the setup and maintenance of full bitcoin nodes."

<snip>

"To kick-start the Nodeshares initiative, Counterparty will be donating 100 full nodes to Nodeshares, which is approximately 1.1% of the total nodes in the Bitcoin network. For comparison, Counterparty data currently makes up approximately 0.03% of the data in the blockchain."

https://www.counterparty.co/full-bitcoin-nodes

... and ...

http://nodeshares.com

The pope just rang me up to tell me you guys have just been granted Aureoles. Wash them separately at 30 degrees.

But really, this is incredible. After paying a 2000+ dividend to all holders of BTC rather than keeping it for yourselves you step up once more and do this. May the haters forever be silent, and may all the initiatives in the community share this spirit. I salute you.

[PhantomPhreak]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

In order to disincentivise trolling of the orderbook, offers to sell BTC must provide a fee to miners, which must match the 'fee required' by orders buying BTC. The default fee is 1%. You can extend the expiration time of your order when selling BTC, so that the fee paid per unit time is as low as you want. I've just opened up a GitHub issue about this, so that the default expiration time for BTC sell orders is greater than for other orders.

Yes but I was Buying BTC. Why was my btc balance reduced permanently twice after 2 unsuccessful orders.

That may be a bug in the UI. The only BTC you spend when buying BTC is the (very small) regular Bitcoin tx fee.

EDIT: What's your address?

[romerun]

This is interesting!

"To address the dearth of nodes in the Bitcoin network, the Counterparty Team will be launching the Nodeshares initiative. Nodeshares is a
non-profit that collects donations for the setup and maintenance of full bitcoin nodes."

<snip>

"To kick-start the Nodeshares initiative, Counterparty will be donating 100 full nodes to Nodeshares, which is approximately 1.1% of the total nodes in the Bitcoin network. For comparison, Counterparty data currently makes up approximately 0.03% of the data in the blockchain."

https://www.counterparty.co/full-bitcoin-nodes

... and ...

http://nodeshares.com

Awesome, can we just bump this on /r/Bitcoin ?

[superresistant]

I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted and and Bitcoin-Qt format". When I imported the private key to counterwallet, it shows "Not a valid private key". Anyone know how to solve this problem? Many thanks.

anybody help me?

Importing uncompressed keys is high on our todo list.

It should have been the very first feature.
I don't see the use of this wallet if I cannot import the priv key from blockchain.info and I think everyone would agree.

[Malibusparky]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

In order to disincentivise trolling of the orderbook, offers to sell BTC must provide a fee to miners, which must match the 'fee required' by orders buying BTC. The default fee is 1%. You can extend the expiration time of your order when selling BTC, so that the fee paid per unit time is as low as you want. I've just opened up a GitHub issue about this, so that the default expiration time for BTC sell orders is greater than for other orders.

Yes but I was Buying BTC. Why was my btc balance reduced permanently twice after 2 unsuccessful orders.

That may be a bug in the UI. The only BTC you spend when buying BTC is the (very small) regular Bitcoin tx fee.

EDIT: What's your address?

16khUbFwUK6X7U5X919RJeWyfBHSLfJMda

My btc balance is 0.0144398 I know before it was .016xxxx

Does a buy BTC order still spend the regular Bitcoin tx fee if it is never filled? Another problem I have with the wallet is I do not have a way to see an accounting of my btc
balance. I mean like I know it has been reduced but I do not know by how much because I do not remember exactly how much I had. Shouldn't there be a history transaction
list for btc to verify that your balance is what it should be whether it be a math error or a sent payment I don't remember doing.

[Patel]

Hey guys, I am offering a XCP import/transfer service. PM me for more details.

Alot of people can vouch for me

[520Bit]

ROCKMINER is considering to issue their shares via Counterparty, let's help them to go this way successfully.

ROCKMINER official website: http://www.rockminer.com/

Havelock said their policy is changed,and they only accept direct shares right now.
XCP is under developing,we will consider it if it really works well.
Thanks for your supporting.

Should I contact Havelock about the terms and conditions of running a Passthrough?
Do we want to keep everything in whole shares or rather fractional shares (1/100 maybe, like AM100?).

Would an external operator of a passthrough be OK for ROCKMINER?

[PhantomPhreak]

I tried to transfer xcp from blockchain address to counterwallet. I take private key from the blockchain BTC wallet under the option " Export unencrypted and and Bitcoin-Qt format". When I imported the private key to counterwallet, it shows "Not a valid private key". Anyone know how to solve this problem? Many thanks.

anybody help me?

Importing uncompressed keys is high on our todo list.

It should have been the very first feature.
I don't see the use of this wallet if I cannot import the priv key from blockchain.info and I think everyone would agree.

It can import some private keys from Blockchain.info. The lack of support for uncompressed keys was an oversight which we will rectify as soon as possible.

[PhantomPhreak]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

In order to disincentivise trolling of the orderbook, offers to sell BTC must provide a fee to miners, which must match the 'fee required' by orders buying BTC. The default fee is 1%. You can extend the expiration time of your order when selling BTC, so that the fee paid per unit time is as low as you want. I've just opened up a GitHub issue about this, so that the default expiration time for BTC sell orders is greater than for other orders.

Yes but I was Buying BTC. Why was my btc balance reduced permanently twice after 2 unsuccessful orders.

That may be a bug in the UI. The only BTC you spend when buying BTC is the (very small) regular Bitcoin tx fee.

EDIT: What's your address?

16khUbFwUK6X7U5X919RJeWyfBHSLfJMda

My btc balance is 0.0144398 I know before it was .016xxxx

Does a buy BTC order still spend the regular Bitcoin tx fee if it is never filled? Another problem I have with the wallet is I do not have a way to see an accounting of my btc
balance. I mean like I know it has been reduced but I do not know by how much because I do not remember exactly how much I had. Shouldn't there be a history transaction
list for btc to verify that your balance is what it should be weather it be a math error or a sent payment I don't remember doing.

The difference in those two balances was probably the fee for merely broadcasting the transaction to the network. If you want to see how much you are paying in network fees to Bitcoin miners, then look at Blockchain.info.

The logic for calculating these fees was very recently changed to keep it as low as possible.

[Malibusparky]

Somebody please explain what the fee required and provided mean exactly. Understand that lay people who are used to buying and selling on an exchange have no idea what
this means and who pays which. I made two sell xcp for btc orders. The first one was matched and expired without btc pay. I then cancelled it. The second time I just let it expire. Now my btc balance has been reduced permanently. Really? So just putting up innocent sell orders and nobody buying them results in me losing btc? Please explain for all the non techs.

In order to disincentivise trolling of the orderbook, offers to sell BTC must provide a fee to miners, which must match the 'fee required' by orders buying BTC. The default fee is 1%. You can extend the expiration time of your order when selling BTC, so that the fee paid per unit time is as low as you want. I've just opened up a GitHub issue about this, so that the default expiration time for BTC sell orders is greater than for other orders.

Yes but I was Buying BTC. Why was my btc balance reduced permanently twice after 2 unsuccessful orders.

That may be a bug in the UI. The only BTC you spend when buying BTC is the (very small) regular Bitcoin tx fee.

EDIT: What's your address?

16khUbFwUK6X7U5X919RJeWyfBHSLfJMda

My btc balance is 0.0144398 I know before it was .016xxxx

Does a buy BTC order still spend the regular Bitcoin tx fee if it is never filled? Another problem I have with the wallet is I do not have a way to see an accounting of my btc
balance. I mean like I know it has been reduced but I do not know by how much because I do not remember exactly how much I had. Shouldn't there be a history transaction
list for btc to verify that your balance is what it should be weather it be a math error or a sent payment I don't remember doing.

The difference in those two balances was probably the fee for merely broadcasting the transaction to the network. If you want to see how much you are paying in network fees to Bitcoin miners, then look at Blockchain.info.

The logic for calculating these fees was very recently changed to keep it as low as possible.

So to make it clear for me and other laymen you are saying that every time I want to place an order for btc in counterparty as opposed to bter I have to pay a small btc fee?
How is this better than a centralized exchange? At bter I can place orders all day and not lose anything until my order is filled which is fair obviously. If this is the only way to prevent order trolling and other things then perhaps we should push much harder services like XBTC so orders can be escrowed properly. When XBTC is automated .1% sounds low but it is not low enough. It should be close to free because if bter charges .2% I think its worth it to people who trust bter more than the XBTC issuer who you basically
have to blindly trust. At least bter is a known company.

Thank you for everything you have created something special with counterparty. But I just want to remind you guys to think in terms of regular Joes. Even to Joe the idea to
trade btc without trust is exciting. But it has to be simple like cryptsy.

I am wondering what you guys have planned to make XCP valuable enough for people to want to use it to make bets in the future. If people ever see XCP as valuable like BTC
and then they can use it in a completely trustless way with no middle man to make bets and KNOW you will get paid if you win will be huge.