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Question: Which is better, Mastercoin or Counterparty?
Mastercoin - 15 (25.4%)
Counterparty - 44 (74.6%)
Total Voters: 59

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Author Topic: Mastercoin vs Counterparty - Which one to invest in?  (Read 1777 times)
Patel (OP)
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January 17, 2014, 12:10:34 AM
Last edit: March 31, 2014, 09:55:57 PM by Patel
 #1

Lets see.

They both do the same thing.

Counterparty and Mastercoin are very similar in terms of features and potential. Mastercoin keeps the invested funds for development, while Counterparty burns the coins instead.

Which one would you invest in?
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markm
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January 17, 2014, 12:26:39 AM
 #2

Maybe grab Counterparty source code once it is complete and works, and use some game or something to distribute initial coins instead of burning stuff?

That way anyone can get in on the initial coins simply by putting in some time and effort playing games or a game.

Anyone who prefers to spend money instead of playing games can buy from the gamers, its a simple trade-off of whether they feel their time is better spent playing or "working"...

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Patel (OP)
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January 17, 2014, 12:36:38 AM
 #3

Maybe grab Counterparty source code once it is complete and works, and use some game or something to distribute initial coins instead of burning stuff?

That way anyone can get in on the initial coins simply by putting in some time and effort playing games or a game.

Anyone who prefers to spend money instead of playing games can buy from the gamers, its a simple trade-off of whether they feel their time is better spent playing or "working"...

-MarkM-


thanks, but it still leaves the question. Mastercoin or Counterparty?  Smiley
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January 17, 2014, 02:23:00 AM
 #4

A counterparty clone not a mastercoin clone, because mastercoin depends on a third party blockchain based system with all the problems that such blockchains bring with them.

But why not base it on NXT instead of Counterparty?

Why is NXT evidently not even on your list?

Or Ripple for that matter, though my own reason for not cloning Ripple to make new things is it has too much un-needed crud around it, it is not a nice simple clean and clear currency it has all that IOUs stuff woven through it too that is added complication I would prefer to do without when cloning lots of new things.

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January 17, 2014, 02:41:28 AM
 #5

Lets see.

They both do the same thing.

Counterparty and Mastercoin are very similar in terms of features and potential. Mastercoin keeps the invested funds for development, while Counterparty burns the coins instead.

Which one would you invest in?
I think you need to add options: both and neither. Smiley
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January 17, 2014, 02:53:29 AM
 #6

Lets see.

They both do the same thing.

Counterparty and Mastercoin are very similar in terms of features and potential. Mastercoin keeps the invested funds for development, while Counterparty burns the coins instead.

Which one would you invest in?
I think you need to add options: both and neither. Smiley
Yep Shocked you need to definitely add the both & neither options. LOL
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February 02, 2014, 08:25:43 PM
 #7

Valuation
Counterparty Price -> 1$
MasterCoin Price    -> 80$

Counterparty -> Working prototype
Mastercoin -> in development

MarketCap
Counterparty -> 2 Million
MasterCoin -> around 40 Million

Counterparty seems undervalued right now, with potential to raise to 25% to 50% of mastercoin market cap.
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February 02, 2014, 09:20:31 PM
 #8

Valuation
Counterparty Price -> 1$
MasterCoin Price    -> 80$

Counterparty -> Working prototype
Mastercoin -> in development

MarketCap
Counterparty -> 2 Million
MasterCoin -> around 40 Million

Counterparty seems undervalued right now, with potential to raise to 25% to 50% of mastercoin market cap.

+1
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February 02, 2014, 09:22:44 PM
 #9

is counterparty available @ an exchange?
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February 02, 2014, 09:57:52 PM
 #10

i always thought mastercoin and nxt were scam coin  Huh

counterparty might be better. need to see release

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Patel (OP)
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February 02, 2014, 10:00:58 PM
 #11

Unlocked the voting  Grin
kdrop22
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February 03, 2014, 01:15:20 AM
 #12

is counterparty available @ an exchange?
There is an inbuilt distributed exchange inside counterparty, that is trading BTC right now. However, it is a little bit complicated for someone new to the protocol. So, I would recommend the counterparty buyer/seller thread.
qwertyasdfgh
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February 03, 2014, 09:43:56 PM
 #13

The poll is interesting. It would be nice to see more people vote. I think a more clear answer will arise in the next month to see how both develop the functions\interfaces\marketing of the protocol.
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February 03, 2014, 11:56:03 PM
 #14

The poll is interesting. It would be nice to see more people vote. I think a more clear answer will arise in the next month to see how both develop the functions\interfaces\marketing of the protocol.

Yes, it would be interesting to have more people vote.
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February 04, 2014, 12:22:21 AM
 #15

Maxcoin... For next weeks, all certainly turn around this coin... But maybe that help to buy other alt at low price
crypto era
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February 19, 2014, 10:08:12 PM
 #16

I just want to reply so that this will go back up to the top of most recent. Wanting to see a higher total number in the poll and more thoughts in the comments.
qwertyasdfgh
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March 31, 2014, 09:48:01 PM
 #17

Bump. Now that Counterparty has more exposure.
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