Quote from: DaFockBro on February 17, 2014, 09:28:09 PM

Quote from: ginko-B on February 17, 2014, 07:23:15 PM

Quote from: DaFockBro on February 17, 2014, 07:15:24 PM

About the price: XCP is glaringly undervalued right now. Big holders are dumping thousands of XCP on poloniex to recoup their investments.

The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).

I totally agree with you, this is a great buying opportunity on poloniex at this moment as a few "early burners" get out.

Once the "early burners" are thru dumping and the DEX and web wallet are available, then we will see a rise up to the Mastercoin valuation level as the mainstream crypto community discovers how great this project really is!

And once we start to see sports-betting and issuance of tradable assets, probably 2-3 months from now, then the project could receive major national and international press coverage and there will be another nice rise in price as the wider world learns about it.

Counterparty has a relatively small float of shares and is deflationary, so when the price finally starts rising, it could rise extremely quickly!

These are some great ideas. I've been thinking about what makes DOGE, Mastercoin, or NXT have higher market caps than Counterparty right now? Despite Counterparty being the most innovative and functional.

I think it's all about the size and activity of the community (look at DOGE, nothing technically innovative).

We should host some giveaways and try to grow the community as fast and big as possible. A large, active community will naturally attract asset issuers to Counterparty. It will also naturally attract technical people to help work on the technical aspects of Counterparty.

The only reason Mastercoin is more valuable right now is it has a much bigger and more active community than Counterparty.

Size and activity of the community is important.

However, XCP community wants to promote its DEX rather than listing on many centralised exchanges. Everything is still in alpha stage. Everything should be ready by March, I guess - the web wallet, GUI, etc