Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty Protocol, Client and Coin (built on Bitcoin) - Official
by
Matt Y
on 22/05/2014, 23:39:03 UTC

The betting functionality in Counterparty is the only price driver behind XCP besides the very minimal 0.5 XCP, which is insignificant with regards to the price.

XCP is also the easiest way to trade assets and avoid btcpay. Maybe less significant but it's also the cheaper way to distribute dividends.


I don't see major adoption of the DEx happening until the betting functionality is widely used.

Issuing distributions in XCP will not happen for quite a while because BTC is the preferred currency and I don't see that changing anytime soon, if ever.

Counterparty and XCP will see increased use and adoption due to the betting functionality and everything else will be a distant second.

(This is just my opinion)
Could u please approximate when will the betting functionality be added ? Can it be added before the World Cup?

I will be launching a sports feed site very early in June and we will offer complete coverage of the FIFA World Cup and either most or all of the NBA Finals depending on how many games the Semis go.

We're still waiting for functionality to be added to Counterwallet, but that should happen with plenty of time to spare.

(The post below this is not me)