So I need to own BTC to start burning?
This is highly confusing to me.
Is there a potential to make money here, or will the XCP forever mirror BTC prices?
Seems more like high risk low reward to me.
Yes LeoC, you need BTC to start burning.
Yes, there is lots of opportunity to make money here, but it's very early so you are ahead of most cyrpto-traders.
No, XCP doesn't mirror BTC prices. It's a new protocol.
Read up on Counterparty here:
https://github.com/PhantomPhreak/Counterparty/blob/master/README.md