- 14 November 2019 (131 messages)
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How does it feel to be a.01%er?
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any regrets?
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howdidithappen?
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wouldyoudoitagain?
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If xcp had decent exposure to liquidity any position at all at these low prices would afford a great chance at huge upside potential, though thats all less relevant at low liquidity
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ppl thought sky was crsshing when gox collapsed and they rushed to dump (and many before then)
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ditto for many other coins, some dumped 10's of thoussnds of xmr for 20cents, could of sat on them a bit and made 8 figures
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same with ltc, eth etc..
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IF xcp had or could achieve liquidity this market cap is beyond a steal, its 2013 crypto caps
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when this great boomer wealth transfer of trillions (biggest of our generation ) occurs in nextt decade+ and some of this money funnels to crypto savvy millenials/genz who are open to it as an asset class, theres potential for many of these assets to pop
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I’m betting on NEWBITCORN but have a NEWBITCORNS hedge incase things go tits up
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Sounds like a wise strategy
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I dumped all for OLINCOIN 😉
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yes, you can make a dex order or a dispenser 😂
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Awesome. Can you elaborate please?
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You need people to pay for their share?
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And can they get any amount of the share?
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You can use dividends after setting up for example a dispenser
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Counterwallet: Pay Distribution | Counterparty
UI/Counterwallet_Tutorials/pay_distribution.md
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Buyers pay fiat and provide an address. Each buyer will get a certain amount of units for what he paid. Once I have x amount of buyers I'll distribute the units
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Right. They'll get according to what they're paying for
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I believe your talking about MPMA Sends (Multi-Peer Multi-Asset Sends)... unfortunately that feature is not currently available in Counterparty due to issues encoding the data into p2sh transactions... John still has this on his todo list..... Until MPMA and P2SH encoding is working properly, you will need to either send your tokens one by one... or use a dispenser.... A dispenser sounds like it is the best match for you.... as you can setup a dispenser, and then when people send you the specified amount of BTC, Counterparty will automatically send them back the token...... This way you can get the payment AND send the return token to the user in a single transaction (Using BTCpay server would require 2 transactions... 1 to accept the BTC, and 1 to send the token to the user)
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You can easily setup a dispenser in counterwallet... Here is an example dispenser I setup to sell my FULLACCESS token for 0.002 BTC..... everytime someone sends 0.002 BTC to my dispenser address, they get back a FULLACCESS token.... https://xchain.io/tx/1a82774d020e24203091e3029d6fd8113baff2c48d89babf6d0ccc541becf5f8
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Yes, you've been with CP for a long time.... I remember meeting you back in TNABC a few years back 🙂
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Hey, big fan of your wallet 👍. So you're basically saying that if I'm accepting fiat and making a list of recipients then I need to send to each addressee separately?
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Correct....if you accept fiat and want to send tokens to users, you have to send them out individually right now.... prolly best to leave the fiat to centralized exchanges... otherwise if your allowing conversion of fiat to a token, depending on your country you could be considered a money exchanger and subject to additional rules, regulations, and licensing fees (most US states charge a per-year fee to be licensed as a money exchanger in the state).... Probably best to just stick with accepting BTC and then handing a token back to the user... crypto-to-crypto... not fiat-to-crypto.... using a dispensers will allow you to accept BTC and send the user a token back in a single transaction.
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Yea, that's my tentative plan right now. I would like to automate it if possible though.
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The folding coin bunch does manual distributions monthly, guess it has some costs, but it would be interesting to know how they manage them
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Yea, I am looking I to maybe using a dispenser or vending machine type setup. I just haven't been able to wrap my head around how to do that yet though.
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Well, I would only be sending one specific token, so not mkulti asset. It is to multie different addresses though. I think you are right about a dispenser being what I need for this.
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Another challenge with the dispenser option is that we want to denominated price in USD, but take payments in BTC. So if someone sends us $10 for a token, the actual satoshi value will be different at any given point, so we can't really base the tokens issued on how many satoshis we receive from each address.
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Foldingcoin is using Tokenly
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if you want $10, ask for $10
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no, you are not getting my point
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Ok thanks. I'm not worried about the legal aspect right now... we're doing this as a "between friends" kind of transaction. No legal rights will be transferred and from the law's perspective it would just be a sale of a digital collectable, were anyone to inquire. Our main concern is keeping costs down and saving time
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Backtreon could solve that... But the product is far from ready for third party use
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BTC pay server works, I would just need to do the CP portion manually.
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Last I heard they were using bitsplit.... https://github.com/tokenly/bitsplittokenly/bitsplit
Cryptocurrency token distributor and payment routing application - tokenly/bitsplit
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Another question: we plan on distributing units of our asset as shares in a farm that we own. Every holder would be entitled to our farm's produce in proportion to the amount of units they'd purchased (and hold at the time). Our initial thought was for each holder to sign a message with the private key of their address and we would then check that address's balance and distribute accordingly. How does that sound?
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in the old days, some ebay auctions could demand money orders only. no personal checks or otherwise. ive tried to state bitcoin accepted as payment, and the listings get removed
as for fees, take that into consideration when pricing. most retailers do.
Incorporating this fee into the price there, then offering it cheaper on your own sure is one way to reach a buying market. best case scenario the username of your eBay store matches your domain name for full online brand -
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I would do the following 1.) Setup a dispenser to sell tokens (shares in your farm)...... 2.) Pay out dividends to your token holders monthly or quarterly using the dividends function built into counterparty.... I see no need for users to verify ownership of their farm... what you really care about is if they hold your token, and the dividend function takes into account all the holders of your token and pays them out what you specify per unit.... it is how BITCORNS and MAFIACASH are distributed.... BITCORNS each quarter to all holders of CROPS... MAFIACASH each month to holders of the 5 family tokens (BONANNO, COLOMBO, GAMBINO, GENOVESE, LUCCHEESE)
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Example dividend transaction : https://xchain.io/tx/1470094
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Sounds similar to another project I know of. BitFarms
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Yes.... you send BTC to the dispenser... you get a token credited to the address which sent the BTC
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Currently there is no real documentation for dispensers beyond the API docs..... pretty straightforward to set one up in counterwallet tho..
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wampwum recently created some notes on dispensers at https://etherpad.net/p/dispenser
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here is a link to the API docs for dispensers... https://counterparty.io/docs/api/#create_dispenserCounterparty API | Counterparty
Developers/API.md
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(1) we're selling units of an xcp asset for fiat, so would a dispenser still be a desirable solution? (2) So if I understand this correctly, for the dividend feature to work as you're describing I would need to issue two assets: farm token and dividend token. Each holder of the farm token would get on monthly/quarterly basis units of the dividend token in proportion to the amount of farm token they hold. Let's say then that our farm produced 500 kg of dates and we would like to distribute those dates to holders. How do we verify who gets how much? They would pay with the dividend token? I'm not sure I understand. Also, wouldn't using the dividend feature also add more Bitcoin txs to the equation? Our initial thought was to keep the Bitcoin txs to a minimum, hence just requiring holders to sign messages and we would figure out the rest... Regardless I will test the dividends feature out...
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signature would be ok in this scenario as the asset you're delivering isn't a digital one
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jdog's suggestion is more appropiate for purely digital assets
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i.e. if you want to verify that a user asking for their produce to be delivered to a specific place, you would just need:
1) the physical address,
2) a signature of that physical address to verify, and
3) the bitcoin address that's signing the previous, so you can confirm the signature -
dividend is ONE bitcoin transaction... and it pays out to ALL holders of a token... and you can pay out any token you want.... in your example, you could issue FARMSHARES token and sell to people however you want (fiat, dispenser, etc).... you could then issue 500 FARMDATES token and pay it out via dividends..... to calculate price_per_unit, you would simply divide 500 FARMDATES / Total FARMSHARES..... say you had 100 FARMSHARE tokens and your farm made 500 FARMDATES... 500 / 100 = 5.... your price_per_unit would be 5.... for every 1 FARMSHARES token held, the holder would get 5 FARMDATES
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here is an example of a BITCORNS dividend.... it is only ONE bitcoin transaction, but all 483 holders of CROPS were paid dividends using this one transaction. https://xchain.io/tx/1464517
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That's actually a cool idea, as we have a variety of stuff we would distribute to our holders: tickets to events on our land, beer we brew, horse rides etc. Would that work? A separate dividend token corresponding to different products?
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Would each holder "pay" using the dividend token to get a particular product? Wouldn't that be another Bitcoin transaction on the holder's side?
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It's the most intuitive one...
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remember that any asset you distribute can immediatly be transferred or sold on the DEX
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Yes, we'd look up the address and see its balance and pay out accordingly. Correct?
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would it be in person? you would definitively need to ask a signature to verify they control the private key
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What are the implications of that?
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Not necessarily. Just a message signed with the address' private key e.g. "hi this is John doe" <sig>
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i'm user A, i get a ticket for an event, your event is hot af and ppl wanna go, but only token holders have been paid the tickets.... i however, can sell one of them to anyone for the tidy sum of 1 BTC
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i get 1 BTC and you get someone that isn't a token holder into the event
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Ahah. On the dex? EVENTTOKEN for BTC? Is that possible? I thought the dex was just xcp enabled, no?
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Yes, That's the intention
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a dispenser can get you BTC, and you can also do OTC no problem
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I've thought for a long time that counterparty could be great for Farm CSAs and meat shares. Seems like you could sell tokens for Farm members, and the regularly issue dividends that are some sort of points that people could use to "buy" the produce they want, which could be priced in the token that gets sent out via dividend. Like buying a whole cow and issuing 100 BEEFBUCKS to each of the 10 owners of BEEFSHARE (maybe a subasset of that so you could specify each new time you harvested an animal.) Now you have all the owners with equal buying power, but may prioritize their Beefbucks differently... 1 lb of ribeye may cost 3 bucks while 1lb of ground is only 1buck, etc. Same with more expensive or less expensive produce in a CSA. I know from experience that it's tricky to work out this distribution in a typical meat share...who gets the nice cuts and who gets the tough cuts, and how much
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So post your order on the DEX or setup a dispenser... no reason to post your "Selling XCP" messages here except to try and scam people.... no one is going to do an OTC trade with you.
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Sounds both difficult and illegal.
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Why?
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If you want to store your value in USD you should just use USD. if you would like to enter the new paradigm of utilizing crypto to the fullest extent then you will realize the store of value is within the redemption of the tokens you issue pounds of goat meat or gallons of goat milk whatever it is
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Then prolly a dispenser isn't a good fit for you
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I would even consider if even digital tokens are necessary... On our ultra tokenized economy we like to push squares through circles a lot
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Maybe what you need is just a payment processor
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And a database
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The digital token is what we are selling. Basically it is a pepe, but with a physical grafiti art piece as the image instead of a digital from.
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Yea, that is the tentative solution right now. Use BTC Pay Server as the payment processor. That outputs a database of addresses that we would then have to manually send our token to
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How will the FARMDATE holder get dates? Does he send me FARMDATEs as payment in exchange for dates ? Isn't that another Bitcoin tx? Or would he conversely keep the FARMDATEs (and instead just sign a message proving ownership). Either way, what's the advantage?
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If your holders are already holding a token in their wallet addresses (like FARMDATE), then you can pay a dividend directly to holders of FARMDATE using a single bitcoin tx.... Not sure of your exact model, but basically IF your users are ALREADY holding a token in their wallet, you can use a dividend to pay out to holders.... otherwise, you will need to use some other method which will probably entail sending out tokens individually...... I encourage you to mess around with dividends on testnet and get familiar with them.... they might not be a good match for you... but based on what your saying "wanting to pay DATES to holders of a FARMDATE token", it seems like dividends are the most logical/cheapest way to distribute your dividends... since everythign is done in a single bitcoin tx instead of a bitcoin tx PER holder.
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Yea, but in this case, DATES are actually physical dates that are grown on trees. So maybe he can have the holders of FARMTOKEN broadcast out a message with their mailing address from the BTC address that holds the FARMTOKEN, and he can then mail them their dates to that mailing address.
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Ahhh... physical dates... got ya
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Hi
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Yes, actual physical dates 🌴. They are tasty and nutritious, especially the halawi strain (which we don't cultivate - yet, but we make a mean Ethiopian honey beer and host events). And we have a community of people who want to support us and the dividend idea is strong - I like the fact that it can be used as a currency, but again the question is: say I'm giving away a bottle of beer in exchange for 5 DIVIDENDTOKEN I would need the token to be sent to me for the exchange to happen. DIVIDENDTOKEN in my eyes is a coupon, it would behave as a currency. Which would also save us manually updating our database (who got what when). But if for each individual exchange a Bitcoin tx is required then that's a hindrance... people would have to be holding BTC in their wallets as well...I hopefully will get around to testnet some time soon to learn more...
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Precisely my friend. This is our vision (just instead of beef - beer, fruit, horse rides, events)
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You can send out DIVIDENDTOKEN to all of the users of FARMTOKEN as one massive single transaction. Then they can "cash in" their DIVIDENDTOKEN to claim their beer. The "cashing in" would each have to be an individual transaction though.
- 15 November 2019 (12 messages)
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Fruition comes to those who know what a plant needs. Animal husbandry varies by each specie's demands.
Again, there are ways to use the existing system to grow your project, instead of trying to inject your ideas forcefully.
I would like to assist you with a plan of action instead of theoretical advice. Please feel free to contact me with details -
New wallet
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Each "cashing in" being an individual transaction is an issue...we want to eliminate Bitcoin transactions as much as possible. We'll probably do a combination of message signing and manual bookkeeping to keep track of holder activity...
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What is XCP?
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1BTC = 1BTC
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Right. I don't want to denominate in BTC though. I think denominating in BTC will make it harder to sell to non crypto people.
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FYI, I just pushed up some updates to xchain which should make dispensers easier to understand and use 🙂
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Including seeing the BTC payment to a dispenser, and a list of all the tokens dispensed related to that BTC payment.
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Example BTC payment to dispenser: https://xchain.io/tx/929ce59cefb25f1cbdd86bae7b24879f108675d5cc9c812b9cd4a397d9abf92e
- 16 November 2019 (32 messages)
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So non crypto people are going to buy a counterparty asset with fiat?
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It may be hard for someone that doesn’t know how to use btc to understand how to receive a counterparty asset
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No, they will be using crypto. I just want the price denominated in USD
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On repeat, yet not willing to listen?
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You gotta price it in btc
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Supply and command
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if the value is pegged at ten united states dollars, then it is no longer art, and now a financial instrument without a license.
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Check out how we're implementing dispensers.
Just go to artolin.io and change the payment token to BTC -
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I like it. It’s a very nice design.
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shopping spree incoming
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Hi
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Thx Xcer @wampum
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Don't forget to try out the create asset feature which incorporates an original protocol uploading files to ipfs
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The value isn't pegged. That's just the selling price. When they sell a Dale Earnhardt commemorative wall plate, they sell it at a certain price. That doesn't make it a financial instrument.
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I thought you were here for help. I was trying to explain a different viewpoint to you as a way of helping. But it seems every time I do, you correct me. This kind of circular logic I feel is an entrapment. Therefore I will no longer be adding to your conversation unless questions are directly asked to me regarding your what-ifs
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You really should list your xcp assets for a fixed btc price. If you wanna use a dollar denomination you should check out Etsy
- 17 November 2019 (39 messages)
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Hi, I'm getting this error trying to create an asset. Any ideas?
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Do you have BTC on the address?
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Yes. Is it because the BTC burn is pending?
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hmm, BTC isn't burnt in the process, on sent to the miners as a tx fee. 0.5 XCP is burnt, but you have enough to work with for sure. Maybe you accidentally used your address #1?
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I just tried to create an asset using freewallet on my phone and it’s just spinning too.
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There must be something up with CP right now.
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I get errors like this constantly on counterwallet. Typically I just try the transaction 10 to 20 times and it eventually works. I don’t think these JSON errors are real.
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I don’t know how to get rid of the insufficient btc errors
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Yes, it's very easy- you can also check out the freeport chrome extension to easily create a numerical asset using only bitcoin
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Easier than ethereum! and with dispensers, you have the whole btc ecosystem accessible to your token
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Beleive it's just timeouts esp with parsing BTC balances, but it's all there and works fine
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It's only when I put in the url of the .json file that lists the details of the asset in the description do I get this error
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{"image":"https://github.com/factotum-b/test/blob/master/0b963a67-5c16-4d98-b9aa-1c8d057360bb.jpg","asset":"SHIMON","description":"TEST","website":"","pgpsig":""}factotum-b/test
Contribute to factotum-b/test development by creating an account on GitHub.
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The answer I heard around counterwallet is issues is buy a full access token and use free wallet.
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That url is too long
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The image url or the .json url? What's the limit?
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Very short
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Don't recall rn
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140 chars or something
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or is that twitter? maybe 120
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or 32 charz even
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Ya freewallet doesn’t support segwit addresses yet... best to use counterwallet if u want to use segwit addresses.
- 18 November 2019 (4 messages)
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DevTut: Enhanced Asset Info | Counterparty
Developers/Notes_and_Tutorials/enhanced_asset_info.md
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The limit is 100 characters in the image url... there is also a schema validator on that page so you can validate your JSON formatting is valid before you use it in an asset.
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Turns out it had nothing to do with description length. The segwit address was the problem
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- 19 November 2019 (3 messages)
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1 TBTC headed your way... https://blockstream.info/testnet/tx/81a6e22375fb218c1727c401dfa51a3c5db85dd8fa2bab66be59392736266db2Blockstream Block Explorer
Blockstream Explorer is an open source block explorer providing detailed blockchain data across Bitcoin, Testnet, and Liquid. Supports Tor and tracking-free.
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- 20 November 2019 (49 messages)
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No one here wants to work on the platform just brag about how their on the plat. Is all that suits these folks here.
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This has the potential to save the planet... But
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Trading cards are cooler... I guess.
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Did we not learn anything from Captain planet?!?!?!?!
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The world needs help the UN along with TWLF just recognized our Project and is encouraging us to move forward
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As they need our developing Technology
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So if we can get any one of you to recognize and work with us on this project then we all would be beneficial from and of it.
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I am doing my bes to be civil i am a Taurus and find it difficult to convince people through manipulation i only know how to convey facts.
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So there it is with no smoke up the ass...
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We need help to get this tech public ready!!!
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The entire planet is waiting
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Any developers wanting to know more about this project please contact me @dr.shalamalak.khabael@gmail.com or visionlifestudios@gmail.com
Please when emailing let me know from where you are answering.
Please thank you and True Peace! -
Right on
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Creating assets has never been the problem, the issue is getting those who develop to comprehend that the public needs more apps. For commercial and retail access.
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Im just a messenger... I hope this doesn't fall upon Deaf ears.
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Yes, the project is still alive and running fine. We recently put out a new release with a new feature called dispensers. You can see the activity on counterparty at xchain.io, and verify that there are Counterparty transactions being processed almost every block.
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If you would like to propose an improvement for Counterparty, I suggest you read about how to do so via a Counterparty Improvement Proposal (CIP). You can read more about CIPs at https://github.com/CounterpartyXCP/cipsGitHub - CounterpartyXCP/cips: Counterparty Improvement Proposals
Counterparty Improvement Proposals. Contribute to CounterpartyXCP/cips development by creating an account on GitHub.
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Awesome, TY!
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thanks mate. any updates on getting back on exchanges?
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I am not involved in any exchange outreach at this time.... I believe that XCP is still listed on zaif and chainrift.com.
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yeah at this point I don't even understand the purpose of 'exchange outreach' since we got an exchange you can sign up with with only an email address and literally no one is trading on it..
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Bisq?
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i think Counterparty needs a token backed by gold mines that can be used to buy cars and goods. Anyone know of a project like this? @WorldMinister?
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I would offer XCP liquidity, but the market price is too low
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Since dispensers were released there's no need for xcp to be listed in any exchange imo
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if you want to trade it for the sake of trading it/speculate you still need a centralized exchange at this point to have a true 'orderbook' - but yes I understand your point
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but for example you cannot use a dispenser to escrow BTC and had low bids for XCP like we see happened here
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True
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you can however ladder sell XCP with multiple dispensers creating a 'order book like' ask side
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#Nomni #Soverigncoin #Nibirureserve is on the UN SDG#27655 here you can read about it
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They also recently announced our security status as The Unnsc United Nations New Securities Council.
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So who and why Lawee is Blocked he works hard AF on this platform for hum not to have a say is not right yo.
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were working towards the betterment of humanity
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Excuse my passion but we all know and see the clock keeps ticking...
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Croptions
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.gold
- 21 November 2019 (19 messages)
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I’m back in charge of bitcorns.
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Bitcorn is government backed
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The bitcorn foundation has pivoted
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Forked from Counterparty to Venmo
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facts, put lawee back in this thang
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Something else
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I’d like to see a new wallet that has full access for the DEx for both desktop and cellphone versions. An updated interface from what’s available from counterwallet or freewallet is needed.
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Is Lawee supposed to be Larry?
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This is already built by John. Every current and future url on the planet and beyond has a btc wallet that cp tokens can be shot at.
Www.alphanumericals.com -
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Why does it say 3 years ago Xcer?
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Some bugs on the comments and photos part
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don't lie! Your a timetraveler and we caught you red-handed 😛
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- 28 November 2019 (2 messages)
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Some large sends from 1AhAExgxS6aVRdKdyEuC5M4v6dxdzdgTaq including 220,179 XCP and 228,180,046 PEPECASH today. Does anyone know, is this ZAIF?
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It me