Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
rwfreshmore
on 21/02/2014, 22:26:07 UTC
Okay, people seem to think donations are the best way to go. I agree. I think taxing Poloniex balances or everyone's XCP balances would be disastrous.

I have created a thread on the Counterparty forums for donations: https://forums.counterparty.co/index.php/topic,127.0.html

The total missing is actually about 6100 XCP instead of 7000, as some people had not yet withdrawn and I was able to deduct balances.

Your donations are greatly appreciated, and as soon as the missing XCP is covered, I will open up withdrawals so people can get at their XCP.

What happens if more than 6100 is donated? Don't you guys think it is better to have the devs control the donations that way if and when it goes over 6100 they can give it to

busoni and the rest can be used as donation for the devs. Busoni, don't you think you should cover a portion of that 6100 as the exchange owner? I would think at least 20%

of the 6100. You don't think you bear that much responsibility for what happened? Previous postings were right when they said a lot of people are going to hide behind

the anonymity and not donate even if they say they will. I find it hard to believe 6100 will get donated. What will you do if it is not met?

I just logged into Poloniex to see how things were going and noticed XCP was removed. I bought ~1000 XCP on the 16-17th.

BTC/XCP   Buy   0.0138   521.22052782   7.19284328 BTC   2014-02-17 06:41:52
BTC/XCP   Buy   0.0138   0.51860261   0.00715671 BTC   2014-02-17 02:21:58
BTC/XCP   Buy   0.015822   125.30630705   1.98259639 BTC   2014-02-16 19:09:24
BTC/XCP   Buy   0.015822   94.69369295   1.49824360 BTC   2014-02-16 18:04:32
BTC/XCP   Buy   0.01899   100   1.899 BTC   2014-02-16 17:41:23
BTC/XCP   Buy   0.01898   100   1.898 BTC   2014-02-16 17:41:18
BTC/XCP   Buy   0.017   9.481   0.161177 BTC   2014-02-16 16:26:13
BTC/XCP   Buy   0.017   16.59352784   0.28208997 BTC   2014-02-16 16:26:13

That is over half my total crypto holdings. Gone in a puff of smoke? Fuck me.