Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
ginko-B
on 17/02/2014, 18:31:43 UTC
i think the following are the big mistakes this greedy community did:

1. You were all too greedy and tried to overprice this coin from the start
2. You should've waiting till a stable GUI client released before even thinking of launching on exchanges
3. No one bothered to donate to dev, so they r broke now
4. You got greedy


Indeed, but you can't get greed out of the equation. Every coin, every stock, every asset, every currency has been pumped one day, dumped another by greedy people, manipulators, whatever...

At least you should admit that PoB was a nice way to deal with the launch of a something new in this greedy sea of whales, sharkes and littles fishes...
in theory PoBurn was a good idea....in practice it is not cos I fear the development won't be able to compete with other offerings.
would have been a better idea if the coins instead of being burnt went to the developers....then you'd have  a full time team delivering on Counterparty full potential.
now unless someone donates some serious amount of coins to the devs to bring this forrward it will be outclassed by other offerings.
for the sake of fairness  (which is something unobtainable anyway ) 350 btc have been proofofburnt...when they could have gone towards  setting up a proper team.
and disgusting that the btcfoundation does not help them out (they have interests into mastercoin that's why...it's alll a big mafia).
I still hope counterparty is a success cos they launched in the most fair way possible.....but ultimately i think this will prove that fundraising (mastercoin, nxt, etherum,  etc) actually get  products further cos they have sure funding.
 

The devs have stated that they are self-sufficient.