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

[led_lcd]

Hey.. do you remember XCP's IPO ?   where only a small % of investors could actually use/move XCP with the super complex counetparyd installation allowing only the devs&freinds and other several people who could actually figure out how to sell them to dump them on the market making huge amounts of BTC for a high price, leaving the rest (most) investors watching how "their" recently bought XCP being sold at 1000% profit and not being able to do anything about it because they couldn't get the software to work.
Nobody's perfect.

If you want to make a comparison, make one that states a valid point.

The IPO and everything leading up to the listing of XCP on Poloniex was open.

The burn process for the IPO was not a complex process. The price magnification that occurred when XCP was first listed on Poloniex is due to the illiquidity of a newly created market and would have occurred with the way it was launched irrespective of any technical difficulties in sending XCP. People who sent XCP to Poloniex when it opened to XCP trading took a risk to trade opportunistically on a newly opened market. There was no guarantee of any set price.

You are comparing this to something which at best is bad business or at worst collusion? Is "Nobody's perfect" a legitimate form of legal defence?

[mishax1]

Hey.. do you remember XCP's IPO ?   where only a small % of investors could actually use/move XCP with the super complex counetparyd installation allowing only the devs&freinds and other several people who could actually figure out how to sell them to dump them on the market making huge amounts of BTC for a high price, leaving the rest (most) investors watching how "their" recently bought XCP being sold at 1000% profit and not being able to do anything about it because they couldn't get the software to work.
Nobody's perfect.

If you want to make a comparison, make one that states a valid point.

The IPO and everything leading up to the listing of XCP on Poloniex was open.

The burn process for the IPO was not a complex process. The price magnification that occurred when XCP was first listed on Poloniex is due to the illiquidity of a newly created market and would have occurred with the way it was launched irrespective of any technical difficulties in sending XCP. People who sent XCP to Poloniex when it opened to XCP trading took a risk to trade opportunistically on a newly opened market. There was no guarantee of any set price.

You are comparing this to something which at best is bad business or at worst collusion? Is "Nobody's perfect" a legitimate form of legal defence?

How's that for legal defense ? 


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...../´¯/'...'/´¯¯.`·¸
../'/.../..../.....:^.¨¯\
('(...´...´.... ¯_/'...'/
.\.................'...../
..'\'...\.......... _.·´
....\..............(
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[Spratan]

XCP has its first cloned coin : Chancecoin
https://bitcointalk.org/index.php?topic=528023.0
Sign of reconnaissance and maturity for XCP !

Any technical thought ? Can Counterparty do strictly the same (or better) with its betting function ?

[kelvin123]

Hi Guys,

I have a question, I bought 200 xcp before and the guy sent to my blockchain bitcoin address. Now I want to sell them all. Can somebody tell me how to transfer them to some exchange platform and sell them?

Thanks

Create new wallet on Counterwallet.co and then import your private key for your address you burned from (Bitcoin QT format) seems to work fine. You also want to make sure that the address you burned from has about 0.001 BTC on it. Open a BTER.com account and generate an XCP address, send XCP from counterwallet.co to BTER and then sell there. (Only reason I wouldn't suggest selling via counterwallet.co is that the volume seems to be low, however correct me if I'm wrong, 200xcp might be a small enough amount to sell directly from counterwallet.co exchange.

Thank you! I just import 200xcp to the wallet in Counterwallet.co. And instead of using BTER, i created a  XCP address in Poloniex, and send XCP from counterwallet.co to Poloniex. But it has been two hours now since i sent, i still haven't received the 200 xcp in Poloniex from counterwallet.co. Can you tell me how long it takes for the transaction of xcp? From counterwallet, it showed the transaction had succeeded and the xcp there had been sent and the balance is 0 now.

[nakaone]

XCP has its first cloned coin : Chancecoin
https://bitcointalk.org/index.php?topic=528023.0
Sign of reconnaissance and maturity for XCP !

Any technical thought ? Can Counterparty do strictly the same (or better) with its betting function ?

non-technical thought. It cannot do the same (correct me if wrong) because in xcp you bet peer to peer. on cha you roll against the house, which is basically all stakeholders. so xcp peer to peer betting, cha betting against the "casino".

from a non-technical perspective I like the idea, still needs massive improvements, it is more like an extension of xcp with a different function. Anyway I would like if it would be possible to trade xcp for cha and vice versa on the distributed exchange. You can already trade cha against btc in a distributed way.


Disclaimer: I hold a little stack in cha.

[Matt Y]

Hey.. do you remember XCP's IPO ?   where only a small % of investors could actually use/move XCP with the super complex counetparyd installation allowing only the devs&freinds and other several people who could actually figure out how to sell them to dump them on the market making huge amounts of BTC for a high price, leaving the rest (most) investors watching how "their" recently bought XCP being sold at 1000% profit and not being able to do anything about it because they couldn't get the software to work.
Nobody's perfect.

It's not an IPO when no money is raised.

[frozen123]

Hi Guys,

I have a question, I bought 200 xcp before and the guy sent to my blockchain bitcoin address. Now I want to sell them all. Can somebody tell me how to transfer them to some exchange platform and sell them?

Thanks

Create new wallet on Counterwallet.co and then import your private key for your address you burned from (Bitcoin QT format) seems to work fine. You also want to make sure that the address you burned from has about 0.001 BTC on it. Open a BTER.com account and generate an XCP address, send XCP from counterwallet.co to BTER and then sell there. (Only reason I wouldn't suggest selling via counterwallet.co is that the volume seems to be low, however correct me if I'm wrong, 200xcp might be a small enough amount to sell directly from counterwallet.co exchange.

Thank you! I just import 200xcp to the wallet in Counterwallet.co. And instead of using BTER, i created a  XCP address in Poloniex, and send XCP from counterwallet.co to Poloniex. But it has been two hours now since i sent, i still haven't received the 200 xcp in Poloniex from counterwallet.co. Can you tell me how long it takes for the transaction of xcp? From counterwallet, it showed the transaction had succeeded and the xcp there had been sent and the balance is 0 now.

Poloniex has their own mechanism for xcp(some parts are not automatic) I think   wait until tomorrow and you problem  will be solved.

[new@_crypto_mining]

what is the command to run to update xcp on windows?

in Linux I use: 'python setup.py update' (while I am in the counterpartyd-build dir)

it does not work in windows, nor does  'python3 setup.py update'

[porqupine]

You can always cd into your counterpartyd directory and git pull origin master

[Spoetnik]

XCP has its first cloned coin : Chancecoin
https://bitcointalk.org/index.php?topic=528023.0
Sign of reconnaissance and maturity for XCP !

Any technical thought ? Can Counterparty do strictly the same (or better) with its betting function ?

i think Poloniex calls those descendents not clones hahaaa
(as they said on their main page twitter recently)

and XCP Ghost recon ? git them in the night when their sleeping  

yayaya ya clones are great ...Free Market blah blah blah  

[new@_crypto_mining]

You can always cd into your counterpartyd directory and git pull origin master

thank you for your help.

I went ahead and changed the path (added C:python32 to it) and that worked for me.

didn't get to try it your way but I am sure that would have worked to.

[Janitor]

Even after it got on Poloniex most of the investors couldn't use send thair xcp..

Stop spewing nonsense.

You could simply send in money to the burn-in address from a blockchain.info wallet. You didn't have to use any Counterparty s/w.

Disc.: I was late to participate in XCP IPO but I bought some on the open market later. 

[TheMightyX]

IDEA for CityGlut, Xnova, and Matt Y.

Why not issue a secondary token on Counterparty like XCP, but this time hold a crowdfund, so that the funds are not burned but collected, and then launch a marketing missile built with those monies. I would say aim to raise 2,000 BTC. This entire community including other communities has nothing but trust for this project and its initiators. Word has gotten well around, that there is no greed at the foundation here.

I'm not sure of the specifics, but something could be issued that might be pegged with something else at a later date ? Or devise something to give incentive to investors.. its very possible.

This gave me an idea, but then again I don't have the clear understanding of Counterparty that many here have, so maybe this is silly or redundant.

How about issuing a Counterparty asset (XCPNOW?) which uses half of its invested funds to market or otherwise benefit Counterparty and half to buy XCP.  The fact that the XCPNOW organization holds half of its invested funds in XCP would give its shares some intrinsic value.  Besides benefiting Counterparty, this would be a good way to demonstrate and show off the asset system and let people gain some experience with it.  Buying XCP directly would have more potential for profit, so half of this investment would essentially be a donation.

Since no one bit into this I guess I will so it doesn't get lost in the shuffle.

This actually has some interesting implications.
It doesn't really differ from just buying 50% of XCP and donating the other 50% though.

I'm working on something that is similar to this that will benefit everyone in the counterparty community and you've given me a great idea.

More on this later.

[prophetx]

Hey.. do you remember XCP's IPO ?   where only a small % of investors could actually use/move XCP with the super complex counetparyd installation allowing only the devs&freinds and other several people who could actually figure out how to sell them to dump them on the market making huge amounts of BTC for a high price, leaving the rest (most) investors watching how "their" recently bought XCP being sold at 1000% profit and not being able to do anything about it because they couldn't get the software to work.
Nobody's perfect.

It's not an IPO when no money is raised.

Matt you have to remember that more than 50% of the  people on bitcointalk can't tell apples from oranges. 

[Chang Hum]

Hey.. do you remember XCP's IPO ?   where only a small % of investors could actually use/move XCP with the super complex counetparyd installation allowing only the devs&freinds and other several people who could actually figure out how to sell them to dump them on the market making huge amounts of BTC for a high price, leaving the rest (most) investors watching how "their" recently bought XCP being sold at 1000% profit and not being able to do anything about it because they couldn't get the software to work.
Nobody's perfect.

It's not an IPO when no money is raised.

Matt you have to remember that more than 50% of the  people on bitcointalk can't tell apples from oranges. 

Including you.

[td services]

How's that for legal defense ? 


.............../´¯/)
............,/¯../ /
.........../..../ /
...../´¯/'...'/´¯¯.`·¸
../'/.../..../.....:^.¨¯\
('(...´...´.... ¯_/'...'/
.\.................'...../
..'\'...\.......... _.·´
....\..............(
.?..\.............\

That's art. Had to save it for possible use in an email exchange I've been having with a party who has been described as a "Flaming Asshole"

[xibeijan]

Why does XCP suck so hard?

/counterpartyd_build/dist/counterpartyd/counterpartyd.py", line 835, in <module>
    get_address = get_address(db, address=address)
TypeError: 'dict' object is not callable

I've obviously used counterpartyd_build which completely hijacks my Ubuntu box in order to build and install what should otherwise be a simple one package install. Booooo

[ShroomsKit_Disgrace]

Why does XCP suck so hard?

/counterpartyd_build/dist/counterpartyd/counterpartyd.py", line 835, in <module>
    get_address = get_address(db, address=address)
TypeError: 'dict' object is not callable

I've obviously used counterpartyd_build which completely hijacks my Ubuntu box in order to build and install what should otherwise be a simple one package install. Booooo

Do you still "Recommend XCP (based on innovation)"? 

[xibeijan]

Why does XCP suck so hard?

/counterpartyd_build/dist/counterpartyd/counterpartyd.py", line 835, in <module>
    get_address = get_address(db, address=address)
TypeError: 'dict' object is not callable

I've obviously used counterpartyd_build which completely hijacks my Ubuntu box in order to build and install what should otherwise be a simple one package install. Booooo

Do you still "Recommend XCP (based on innovation)"?  

I said "innovation" not "implementation"  

Believe in the core idea, but seems poorly implemented.

[ShroomsKit_Disgrace]

Why does XCP suck so hard?

/counterpartyd_build/dist/counterpartyd/counterpartyd.py", line 835, in <module>
    get_address = get_address(db, address=address)
TypeError: 'dict' object is not callable

I've obviously used counterpartyd_build which completely hijacks my Ubuntu box in order to build and install what should otherwise be a simple one package install. Booooo

Do you still "Recommend XCP (based on innovation)"?  

I said "innovation" not "implementation" 

Believe in the core idea, but seems poorly implemented.

Touché!