Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
danonthehill
on 24/02/2014, 12:29:01 UTC
+1

Transparency is really important here.

- Publish the BTC and XCP  collected somewhere !!

I agree.

Quote
- 2.5% is waaaay too much (I seem to be alone here) 100BTC daily trade won't last and soon if another exchange adds XCP, you're dead in the water.

I think it is fine, today's volume shows it is not an issue. I don't think any exchange will take XCP soon, as it is much different then adding a bitcoin-based altcoin, so I think it's OK to charge a premium for the time being.

The faster the payback of lost coins, the better! (But I am biased, I lost BTC!)

I'm in agreement here. Permit me to summarize the last 30 pages of this thread:
1) Bug in the protocol allows a hacker to steal 80 BTC from an exchange.
2) Community freaks out, insisting that the exchange write off some of that loss.
3) Community continues to freak out over fees which are instated to recover part or all of the loss.

What businessman in his right mind would add XCP to his exchange under those circumstances? You and I are in this because XCP represents a revolution in crypto. Exchanges are in this because trading XCP means making a profit. The current alpha quality of the code, along with the community response (at first being on Busoni's side, then turning against him when he doesn't comment on "taking a haircut" on his loss), makes XCP far too speculative, in its current form, for any rational exchange to accept.

Plus, why? We have the world's first DEX--why not use it?

Because most of the kiddies here wanted to see this on an exchange and on coinmarketcap. Their wish has been granted, and now they are complaining like a bunch of french girls. 'I gambled with WEEKS old code, on a WEEKS old exchange, and now my money is gone'. And they seem surprised. Incredible. Just don't play with daddy's toys, man up, take your loss, and we can all move on. Hopefully you will get wiser next time, but this is what you get for being a greedy guinea pig. But thanks for exposing the bug Smiley

Are you saying that everyone who invests in XCP at the present time is a "greedy guinea pig"?  Many of those trades were above the current market price of XCP:

Rate           Amount           Total
0.00970000   0.63512061   0.006160669917
0.00960000   50.00000000   0.48
0.00960000   18.81155104   0.180590889984
0.00950000   48.34660463   0.459292743985
0.00930000   30.00000000   0.279
0.00925838   51.67372694   0.478415000026757
0.00925000   21.62162270   0.200000009975
0.00920000   0.21647608   0.001991579936
0.00912100   66.00000000   0.601986
0.00912100   0.10000000   0.0009121
0.00912000   13.58992872   0.1239401499264
0.00910110   41.75319467   0.380000000011137
0.00910000   219.76923077   1.999900000007
0.00910000   5.00000000   0.0455
0.00910000   11.00000000   0.1001
0.00905000   100.00000000   0.905
0.00901000   100.00000000   0.901
0.00900110   300.00000000   2.70033
0.00900000   36.00000000   0.324
0.00900000   400.00000000   3.6
0.00900000   222.22222222   1.99999999998
0.00900000   20.00000000   0.18
0.00900000   158.00000000   1.422
0.00900000   27.00000000   0.243
0.00880000   200.00000000   1.76
0.00865000   17.49255606   0.151310609919
0.00856000   46.54672897   0.3984399999832
0.00852000   200.00000000   1.704
0.00851100   100.00000000   0.8511
0.00851000   350.00000000   2.9785
0.00850010   7.24769355   0.061606119944355
0.00850000   0.50000000   0.00425
0.00850000   41.17647059   0.350000000015
0.00850000   155.00000000   1.3175
0.00850000   30.00000000   0.255
0.00850000   3.16070588   0.02686599998
0.00836010   313.31572947   2.61935082994215
0.00833254   57.41526593   0.478414999972362
0.00830000   1.00000000   0.0083
0.00825000   60.67611272   0.50057792994
0.00825000   0.50000000   0.004125
0.00824000   20.00000000   0.1648
0.00823000   35.23693924   0.2900000099452
0.00822000   99.30740735   0.816306888417
0.00818000   3.62940220   0.029688509996
0.00816000   20.00000000   0.1632
0.00815000   5.00000000   0.04075
0.00814300   307.10000000   2.5007153
0.00814210   5.00000000   0.0407105
0.00813000   83.39483394   0.6779999999322
0.00812300   30.00000000   0.24369
0.00812000   24.63054187   0.1999999999844
0.00812000   277.00000000   2.24924
0.00811000   250.00000000   2.0275
0.00810000   50.00000000   0.405
0.00810000   10.00000000   0.081
0.00801000   33.00000000   0.26433
0.00800200   6.00000000   0.048012
0.00800000   62.50000000   0.5
0.00800000   64.54000000   0.51632
0.00800000   20.00000000   0.16
0.00800000   56.00000000   0.448
0.00800000   3.00000000   0.024
0.00800000   2.00000000   0.016
0.00800000   13.00000000   0.104
0.00800000   54.00000000   0.432
0.00800000   400.00000000   3.2
0.00800000   100.00000000   0.8
0.00790000   20.00000000   0.158
0.00750000   38.66666666   0.28999999995
0.00749929   63.79470590   0.478415000008811
0.00725000   46.43356965   0.3366433799625
0.00720000   58.25518055   0.41943729996
0.00711000   250.00000000   1.7775
0.00710000   140.00000000   0.994
0.00705000   100.00000000   0.705
0.00700000   20.00000000   0.14
0.00700000   500.00000000   3.5
0.00700000   14.00000000   0.098
0.00700000   20.00000000   0.14
0.00700000   100.00000000   0.7
0.00674936   70.88301706   0.478415000024082
0.00670001   14.92535086   0.100000000015509
0.00670000   1400.00000000   9.38
0.00670000   1.01000000   0.006767
0.00658999   575.00000000   3.78924425
0.00630000   120.00000000   0.756
0.00630000   13.00000000   0.0819
0.00613000   4.00000000   0.02452
0.00612300   123.00000000   0.753129
0.00612100   22.15896095   0.13563499997495
0.00611000   2.00000000   0.01222
0.00610000   0.80000000   0.00488
0.00607442   78.75895970   0.478414999980874
0.00606000   33.00000000   0.19998
0.00605010   1.60000000   0.00968016
0.00605000   180.00000000   1.089
0.00601000   150.00000000   0.9015
0.00600000   20.00000000   0.12
0.00600000   15.00000000   0.09
0.00600000   25.00000000   0.15
0.00600000   1.00250000   0.006015
0.00600000   600.00000000   3.6
0.00580000   1.00250000   0.0058145
0.00560000   1.00250000   0.005614
0.00550000   196.54272000   1.08098496
0.00546698   87.50992321   0.478414999990606
0.00541150   379.00000000   2.0509585
0.00541140   500.00000000   2.7057
0.00541130   500.00000000   2.70565
0.00541120   500.00000000   2.7056
0.00541111   500.00000000   2.705555
0.00541111   500.00000000   2.705555
0.00541110   500.00000000   2.70555
0.00541100   500.00000000   2.7055
0.00541000   500.00000000   2.705
0.00540000   500.00000000   2.7
0.00540000   1.00250000   0.0054135
0.00530000   9.75980754   0.051726979962
0.00520000   1.00250000   0.005213
0.00510003   30.00000000   0.1530009
0.00510000   56.86274705   0.290000009955
0.00510000   20.00000000   0.102
0.00510000   20.00000000   0.102
0.00500001   8.55999088   0.0428000399999088
0.00500000   5.00000000   0.025
0.00500000   1.00250000   0.0050125
0.00500000   71.00000000   0.355
0.00500000   21.00000000   0.105
0.00500000   99.89999999   0.49949999995
0.00500000   19.20000000   0.096
0.00492028   97.23328754   0.478415000017311
0.00480000   1.00250000   0.004812
0.00460000   1.00250000   0.0046115
0.00450000   100.00000000   0.45
0.00450000   1.66533777   0.007494019965
0.00442825   108.03703495   0.478415000017337
0.00430000   4.30000000   0.01849
0.00410000   134.00000000   0.5494
0.00400000   125.00000000   0.5
0.00400000   30.00000000   0.12
0.00387464   1.00000000   0.00387464
0.00351001   28.48995017   0.100000009996202
0.00351000   150.00000000   0.5265
0.00342825   29.16940130   0.100000000006725
0.00301200   159.00000000   0.478908
0.00300000   10.00000000   0.03
0.00242825   41.18192114   0.100000000008205
0.00220000   50.00000000   0.11
0.00210000   6.50000000   0.01365
0.00200000   18.00000000   0.036
0.00200000   409.62906500   0.81925813
0.00200000   350.00000000   0.7
0.00200000   500.00000000   1
0.00200000   500.00000000   1
0.00200000   500.00000000   1
0.00200000   7000.00000000   14
0.00200000   500.00000000   1
0.00200000   3.43541999   0.00687083998
0.00200000   100.00000000   0.2
0.00200000   1579.54462000   3.15908924
0.00200000   550.00000000   1.1
0.00200000   3.64400500   0.00728801
0.00200000   50.00000000   0.1
0.00200000   200.00000000   0.4
0.00200000   0.38173999   0.00076347998
0.00200000   29.04196000   0.05808392
0.00200000   249.90000000   0.4998
0.00200000   5.00000000   0.01
0.00200000   8.80000499   0.01760000998
0.00200000   3.59999999   0.00719999998
0.00200000   0.69150500   0.00138301
0.00200000   88.00000000   0.176
0.00200000   2.00000000   0.004
0.00200000   60.00000000   0.12
0.00200000   9.00000000   0.018
0.00200000   55.22225500   0.11044451
0.00200000   95.55550000   0.191111
0.00200000   380.27584500   0.76055169
0.00200000   5.40000000   0.0108
0.00200000   500.00000000   1
0.00200000   10.74172500   0.02148345
0.00200000   1.00000000   0.002
0.00200000   150.00000000   0.3
0.00200000   20.00000000   0.04
0.00200000   77.33378500   0.15466757
0.00200000   78.79231500   0.15758463
0.00200000   20.00000000   0.04
0.00200000   15.00000000   0.03
0.00200000   98.25000500   0.19650001
0.00200000   30.00000000   0.06
0.00200000   50.00000000   0.1
0.00200000   300.00000000   0.6
0.00200000   500.00000000   1
0.00200000   2902.43165102   5.80486330204
0.00142825   1.50000000   0.002142375
0.00142825   70.01575354   0.099999999993505
0.00121000   43.66541401   0.0528351509521
      
          Total:   149.48447431937


And get over what ever happened between you and that French girl.  I feel sorry for her, you seem heartless.