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XCP

XCP on the floor - Huge Sale Now On!Hey Cryptoheads, XCP had been knocked out and is on the floor due to the whole Bitcoin shenanigans. I believe XCP will pick herself up again from tomorrow, the 1st of August when Bitcoin Vs Bitcoin Cash has become slightly clearer and traders get hold of their free BCC/BCH. They may well then then turn to alts. So there is a good chance that alts will wake up tomorrow, and pick themselves up, but be patient, we are still a few days if not weeks away from seeing a clear picture for BTC which will fuel the altcoin market one way or another. Safe trading. Ps. The chart is pretty self explanatory but please leave any comments if you have any questions. I reply to all comments. Buy zone 0.003000 or under if you can get it. Sell zone 0.0055 for a tidy profit. Good luck cryptoheads!
XLong
by Bistonic
2
Counterparty is clearly a buy hereOne of the HUGE HUGE overlooked projects in the midst of the current cryptocurrency boom. I was rather surprised that the price against BTC have been kept that low up till now. Counterparty relies on the bitcoin network for security, and implemented as a side-chain. It does not actually compete with bitcoin, but in a way it complements each other. Counterparty provides functionality beyond the reach of Bitcoin. For instance, smart contracts, decentralized apps, crowd funding, domains, digital tokens just like Ethereum did. Transaction cost A counterparty transaction is really a transaction on bitcoin's network. For instance: counterpartychain.io and on blockchain.info: blockchain.info At the moment transaction cost on Counterparty is significantly higher than Ethereum given that you are actually writing on the bitcoin network given the congestion. However, that could be fully solved with the upcoming Lightning network that will be implemented on bitcoin. It is not a question technically. Such a feature in Counterparty are still currently under development. Mass adoption I believe that connecting all blockchains is the final step of mass adoption in cryptocurrencies, and Bitcoin is well positioned to be the center of such a protocol of the future. Remember the days before the invention of TCP/IP protocol where the 'internet' is only limited to a certain area/geography? The real power is unleashed when a common protocol is used, that enable connection from many local network and intranets that becomes the global network we are used to today. Price In the long run, Counterparty is really the next closest competitor to Ethereum. With the horizon of 1~5 years, I believe Counterparty could easily 10x~50x its current 40 million USD valuation given the fact that its supply is only a measly 2.4 million. Technically? Dont you love that nice bottom at 0.003~0.005 for the past 3 years? :) ---------- Cite Why connecting all the Blockchains is the final step for mass adoption of Cryptocurrencies: bravenewcoin.com
XLong
by LastBattle
10
Counterparty [XCP] - The exponential late bloomerGood evening dear followers, Tonight I provide you my favourite investment for the coming week(s), namely; Counterparty . With the growth of the whole altcoin scene it is inevitable to predict growth in specific altcoins, though I still try to stay rational and seek for undervalued beauties. In this case we stumble upon Counterparty. As to be seen in the chart, the longterm wedge is being broken (purposely drawing the line through unnecessary wicks/daily (shakeout) closes due to irrational market behaviour. XCP has not gotten off the ground yet, and is mainly awaiting to be fuelled by positive news that is occurring at the 22nd of May. On this day, Counterparty will execute a hardfork which will add several features including a massive transaction cost reduction throughout the chain. On a further note, SEGWIT seems to being added in the near future. Bear in mind that these two fundamental news, will form te foundation of Counterparties' extreme incoming hype, which will result in massive volume increase as well as a surge in prices. First target is the first fib target, from there retrace before the next legs up will occur. I hope to have informed you properly enough, may you have any questions feel free to drop them in the box below. Trade cautiously and may the profits be with you. Kind regards, Gabriel Molenkamp Appendix counterparty.io
XLong
by GABSBY
6
Crypto portfolio: 1 year performance comparisonHere we can see a few altcoins pitted against Bitcoin, to see how the fiat value of each evolved throughout the year. Investors look at these metrics often, and in this case, it tells us about the relative strength and liquidity, of all these instruments, and potential risks when being invested. ETH started very volatile, but while it was in a positive trend, it was acting well, with a low volatility trend, despite the explosive price movement. During its consolidation it shed a lot of its value, but it's showing signs of risks being behind it, with constructive price action after bottoming recently. Volatility quieted down, both in Bitcoin, and in some altcoins lately, so I'm interested in being invested in this market in particular. XMR and DASH show some promise, but both tend to cater to people wanting to obfuscate their transactions, and thus, might see some kind of risk if the IRS, FBI, or some government is interested it going after the people using it to transact with them. This creates a negative stigma associated with them, although Darkcoin's developer wanted to distance himself, and rebrand the coin lately, I think it's just an excuse to bring it to the limelight again and get more people to buy his creation (he has a gigantic premine, so it's in his best interest). I'm not sure if he's sold all of it yet, but I recall that the masternodes had made these individual a lot of money back in the day. XCP: Too volatile and illiquid to be safe. Some people might be able to trade this, but I'd rather not. Just a good example of how an illiquid market looks. LTC: People still ask me about it, look how it fared, this coin just had a name because it came out some time ago. It fared pretty badly, over a year, and it'll continue to underperform Bitcoin, stay far away. Conclusion: Do your due diligence, as far as charts go, I can read the activity in them if there's sufficient liquidity, if the market is too thin, it's simply not worth it to trade at the mercy of exchanges and manipulators. Also, look at correlation and performance relative to Bitcoin here. Treat it as 'the market', and altcoins as bonds, or smaller companies. ETH is not correlated, and many times anti correlated, so it is a good addition to a crypto portfolio. It doesn't derive its fiat valuation merely from BTC, but underperforming, like the other alts. It derives its value from its particular characteristics. This makes it interesting as well. Cheers, Ivan Labrie.
B
by IvanLabrie
5
Dare to dreamI've always been intrigued by Counterparty (XCP) and from what I've heard in positive discussion it seems primed for liftoff. With the recent Monero rocket, we have a good precedent for how relatively well developed coins can take a big step forward in their ratio against $BTC. This probably won't happen as quickly as I've shown here but things happen fast, and if this is going to lift off it could be sooner then you think. It is important to note that any sudden strength in $BTC could invalidate this whole idea. It remains to be seen how certain alts hold up against a massive increase in the price of bitcoins, however, we may be witnessing the beginning of mutually beneficial rockets and the potential for the dual moon is always present. Either way, if you're divesting from $BTC, I think XCP should be considered for some portion of that. Happy Trading :)
XLong
by therealninza
1
XCP acquisition complete, likely headed much higherCounterparty looks like it's been heavily accumulated in the indicated areas, and just broke through historical resistance by chewing through over 150BTC in sells. This is likely headed much higher. First target is .01, followed by testing historical resistance at .02 and then .04. Bitcrystals and Spells of Genesis have been getting a lot of good press lately, and it's likely to act as a catalyst for a healthy increase in Counterparty's valuation, being the platform they reside on. Force of Will (a popular Japanese card game) has also announced that they will be experimenting with digital assets, so there's a lot of interesting development that's finally coming to fruition after years in the works.
XLong
by needmoney90
1