I don’t participate in attempting to assign a price to a particular asset because I think it’s usually the blind leading the blind or even worse someone with an agenda manipulating the market.
However, for those who would like to speculate on the price or why the market is moving the way it is, let’s make this the place!
Are you relating to the price of XCP or to an asset fee within the CP ecosystem?
Value or market movements in relation to anything Counterparty.
It could be the value of XCP, an asset issued on Counterparty, technical analysis, charting, speculation on the recent huge volumes on Bter.
From what I heard a lot of ‘big fish’ (Relatively) had been attracted previously to MSC and BTS, they take some steps to counteract the competition and protect their investments…because [font=verdana]these projects are all about PR, they are lacking behind counterparty in reality.[/font] Some of this can be seen small (e.g mastercoin holders intentionally reserving xcp related social media accounts,designing childish artwork and disseminating false info about weakness of project) Some I’m sure is working at a deeper and more sinister level.
From what I saw of some of the core developers commentary re: counterparty I was left dissappointed. Some have a fatal misunderstanding of exactly what counterparty hopes to achieve, some have not done anywhere near enough research to be qualified to give an opinion on the project, despite their history of contributions to bitcoin and ‘proffesional’ acumen. this also had an impact
I think these two together, plus the downward movement in bitcoin itself will shake out many weak hands. lots who will take their small gains from burn and call it a day
[font=verdana][size=78%]and let’s not forget the market at this time is not liquid at all. [/size][/font]Many alt-coins are promoted by miners, every day in forum dozens of junk post, twitter accounts, spamming donations to exchanges for listing, promises of short term get-rich which brings a high trade volume. The market is all about drama and greed. it’s very teenage. counterparty is a different beast…i[font=Verdana]t’s maturing. entering adolescence phase.[/font] which will fly over the head of so many. i. No QT wallet? huh! no free money with gpu? what?! … it will attract different category of sophisticated investors slowly and surely.
Seems to be quite a bit of price support on BTER at the moment, incl. a [font=Verdana]37.5 BTC buy wall @ [/font]0.00345000. I’m looking to increase my XCP holdings, but might just hang on to see what the weekend brings
[quote author=CryptoFinanceUK link=topic=204.msg1642#msg1642 date=1396004005]
Seems to be quite a bit of price support on BTER at the moment, incl. a [font=verdana]37.5 BTC buy wall @ [/font]0.00345000. I’m looking to increase my XCP holdings, but might just hang on to see what the weekend brings
[/quote]
Now @ 57.5 BTC buy wall. I’m looking to increase my holdings as well. That web wallet is too functional to not drive up price.