Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
prophetx
on 28/11/2014, 13:33:46 UTC
was there evidence to suggest that there would be a port of ethereum?

You mean, entries like this in the public git repository?

Code:
commit 54a70cc8d1eb3d4500face2533be634fe43022cb
Author: Adam Krellenstein
Date:   Wed Oct 1 14:57:54 2014 -0400

    partial migration of PyEthereum contract tests




yes i am aware of this, however two issues:

1. that does not mean that there is a complete port of the ethereum scripting language(s)
2. there is a separate entity doing PR, the "public" announcement using full court press resulted what one would call a "Pump and Dump"

one cannot hide behind some obscure git entry to cover one's ass, it may cover Adam's ass but it does not cover the asses of the people who did the PR... because one does not know who had access to all that information and knew when the press releases and media coverage would be timed.


I happen to be holding XCP since the first week or so of January so hey I am always happy to see the price go up, but I am not a naive fool like so many in bitcoin land.  There are people who use this information and early access to information to trade and profit, and it comes at the expense of others who learn this information from regular news sources.

That eventually HURTS the community because honest people get taken advantage of at the hands of these people. 

Had the information starting from Adam's git comment been subtly introduced into the market, and not done with some ridiculous PR campaign that obviously some traders took advantage of, then lest N00bs would be getting burned right now.