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

[JahPowerBit]

Is there anybody here? When I use counterwallet, it's said:

No counterparty servers are currently available. Please try again later. ERROR: JSON-RPC Error:
Type: Server error

Code: -32000

Message: Could not contact insight!

By the way, coud the system administrator use some tools like nagios to monitor the server status. Once there is some error, the tools can send email or sms to admin.

It's very bad to show such error info!

fixed.
All daemons are running well (says the log) but sometime the connection between them is lost without obvious reasons. Working on this asap.

[fractastical]

Also where to find details about the swarm ipo?

Do I need to contact someone at Swarm in order to find out where to send the BTC?  www.swarmcorp.com doesn't have any contact info.

Swarm is in an indication of interest phase. I think they will make an announcement of some kind when the real sale begins on June 17th.

To confirm, Swarm is not currently for sale?

Swarm, or more specifically, Preswarm(?), is available for people who meet these requirements: https://bitcointalk.org/index.php?topic=395761.msg7103305#msg7103305

The goal of the indications of interest was to give contributors early access and test our backend. I think we've fulfilled that goal (80% subscribed), so I'm happy to open it up.

You can message me here but I respond more quickly via Skype (jdietz04) or Tox (tox://148A68D603DB62AC695232FE163DBADA9F63A6EE9EDFD2A2C40713877B053055D61C2276F72A).

[sebdude420]

Can a Dev or someone very knowledgeable please PM me I am trying to use counterwallet to run a Bitcoin miner sale.

More information is on my website www.sebuh.com.

Thanks.

[sebdude420]

Can people just buy my token and send it to my payment address then go to my website to place their order?

[sebdude420]

After you issue a token can anyone else issue more?

[sebdude420]

Does counterwallet.co need to stay logged in for trades to occur on the DEX? IS Dex short for index? Market index?

[PhantomPhreak]

Can people just buy my token and send it to my payment address then go to my website to place their order?

Yes.

After you issue a token can anyone else issue more?

Only the issuer of token X can issue more of token X. Unless he locks its issuance or transfers ownership elsewhere.

Does counterwallet.co need to stay logged in for trades to occur on the DEX? IS Dex short for index? Market index?

'DEx' stands for 'distributed exchange'. You only need to stay logged in as long as you're selling Bitcoins for something.

[Jpja]

I've tried out Counterwallet and Xbet. I'm amazed by both  Smiley

Wrote a positive review on my blog.
http://jpja.net/2014/06/counterparty-adds-betting-to-bitcoin/

[shadypepe]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

[andreasan]

Counterparty stopping by in Cyprus

http://www.goldnews.com.cy/en/financial-services/counterparty--building-on-the-digital-currency-revolution

[cityglut]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

When two bets are matched, the odds are always determined by the bet in the pair that was first placed.

[shadypepe]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

When two bets are matched, the odds are always determined by the bet in the pair that was first placed.

ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?

differently put: how can i see at which odds the market is prepared to make a bet at any given time?

[cityglut]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

When two bets are matched, the odds are always determined by the bet in the pair that was first placed.

ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?

Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.

If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.

The logic for matching bets is exactly the same as the logic for matching orders.

[shadypepe]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

When two bets are matched, the odds are always determined by the bet in the pair that was first placed.

ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?

Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.

If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.

The logic for matching bets is exactly the same as the logic for matching orders.

ok thanks, but i'm only putting in one number right? if i put in 10 what exactly does that mean? and what does the 10 mean that's already there (say for example for lay away)

[cityglut]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

When two bets are matched, the odds are always determined by the bet in the pair that was first placed.

ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?

Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.

If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.

The logic for matching bets is exactly the same as the logic for matching orders.

ok thanks, but i'm only putting in one number right? if i put in 10 what exactly does that mean? and what does the 10 mean that's already there (say for example for lay away)

Putting in 10 means you are making a bet of *at most* 10 XCP, and with a counterwager of 10, you have specified odds of 1:1. If the odds of the bet are less than 1:1, then you will bet less than 10 XCP.

Counterparty's algorithm for matching bets and orders was designed specifically to minimize the spread between bids and asks.

[shadypepe]

i have a question about xbet, the xbet thread doesn't seem too active which is why i'm asking here: are the odds for an individual bet set in stone when you make the bet or do they change when other people bet? in the latter case, that would mean it'd make sense for everyone to wait up until the last second before the betting closes (which is when btw for the worldcup?), in the former case that would mean nobody would make the first bet because it would always give him 0 xcp, right?

When two bets are matched, the odds are always determined by the bet in the pair that was first placed.

ok now i'm confused, what do the numbers on there actually mean? i assumed those are the odds, so if it would be for away back/lay 10/10, that would mean 50:50 odds?

Those are the odds that you've selected; they aren't the only odds you are willing to take, they are, rather, the worst odds you will take.

If someone made a bet that with a wager of 8 and and a counterwager of 10, his bet wouldn't match yours, since those are worse odds than you specified in your order. If, however, someone made a wager of 12 and a counterwager of 10, he would match your order. And if your bet was made first, the actual odds of the bet would be 1:1, whereas if the counterparty made his bet first, the odds would be 5:6 (for you, and 6:5) for him.

The logic for matching bets is exactly the same as the logic for matching orders.

ok thanks, but i'm only putting in one number right? if i put in 10 what exactly does that mean? and what does the 10 mean that's already there (say for example for lay away)

Putting in 10 means you are making a bet of *at most* 10 XCP, and with a counterwager of 10, you have specified odds of 1:1. If the odds of the bet are less than 1:1, then you will bet less than 10 XCP.

ahh ok thanks, that solves it for me i guess

edit: but i can't see what others are prepared to offer me? or is that the thing i said above, so if back is 10, lay is 10, that means i could put in 10 and 10 and i immediately get matched?

[xbet.io]

You have asked valid questions and we are providing the answers on our dedicated thread.

https://bitcointalk.org/index.php?topic=645313.20

[shadypepe]

while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?

[jbah01]

while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?

You tried it at old.counterparty.co? Not sure if still active, but might work.

[shadypepe]

while we're at it, i seem to can't access my old counterwallet... i ceated it before may 8th so i tried both with and without "old" in front of the passphrase. it shows me three empty addresses, i had 4, one with quite a few xcp and btc, i also had about 3 assets created. can someone help me with this?

You tried it at old.counterparty.co? Not sure if still active, but might work.

is this a joke?

edit: ok i guess you meant old.counterwallet.co. thanks but no that doesn't work, says no servers connect.