Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance

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.

By suggesting you want the info 'subtly introduced into the market' it seems like what you are saying is not that you don't want people trading on insider information, but that instead of announcing it openly with a press release, you wanted the info shared 'subtly' with a group of insiders, including yourself, so you could trade on it before it became common knowledge.

The current drop is probably just the kind of correction which always happens after a big rise. Theres a nice profit for people to take, and many probably only bought as a bet on Overstock choosing Counterparty and may have planned to take a profit soon after the announcement from the start. The correction is deeper than I would have expected, but perhaps traders are have been putting their money into something else, like the incredible surge happening to Ripple right now.

love the use of quotes for max annoyance effect...

anyway no... that is not my point... by "subtly" i mean the opposite of "dramatic announcement that causes a massive flood of BTC resulting in N00bs getting squeezed"

get it?

no probably not...

as far as my trading strategy goes i have been very honest about it. i hold a decent amount of XCP (4 digits) since January. And occasionally I provide buy/sell support in order to increase my position as well as donate funds to the effort. for example the other month i donated 100 XCP to get a Chinese wallet.

i try to live an altruistic life in word and in deed because i practice empathy and sympathy to my fellow beings.

what do you do? other than assume everyone else is a sociopath?

Wow, didn't mean to offend you so much, sorry.

You're right, I don't get it. Anything other than a 'dramatic annoucement' which reaches a lot of people is inevitably going to be a sly announcement given to a limited number of insiders, as far as I can tell. What I saw was normal PR - I'd much prefer that to some kind of sneaky Ninja launch stuff.

again thinking like a sociopath. nothing needs to be "sly"

simple updates via twitter, bitcointalk, the forum, other communications channels work well.

Stop calling people names. Theres no need for it. You've called me a sociopath twice now, and that is the end of any engagement I will have will you. Ignored.