What is MPSTOCK? Why is it so expensive? 2000 XCP/MPSTOCK!

[font=verdana][size=13px]What is MPSTOCK? Why is it so expensive? 2000 XCP/MPSTOCK!!![/size][/font]

[font=verdana][size=13px][color=rgb(71, 108, 142)]http://blockscan.com/order.aspx?q=2866[/color][/size][/font]


AWESOME! It appears we have the first person using Counterparty for a real company stock!

This looks more like a consolidation of XCP from other addresses to one address  (1FCkCQCnEtHQ3j7NqdkAnkqQUvqfti4XoA)

I wonder why he didn’t just transfer funds from these addresses

i think xnova was right.

read the messeage MPSTOCK wrote:

[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]-----BEGIN PGP SIGNED MESSAGE-----Hash: SHA512[/size][/font][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]"MPTSTOCK" on the XCP platform paying dividends in XCP is the officialshareholders stock for MoneypakTrader.com[/size][/font][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]100 divisible shares are outstanding and represent the entirety of theshareholder interest (100%) making each share equal to a 1% interest.[/size][/font][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]Rights/Control are given at the discretion of the owner/s.-----BEGIN PGP SIGNATURE-----[/size][/font][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]iJwEAQEKAAYFAlLtgycACgkQfmkkXsNpNrSN/QQAlPS+XyO5ZaPFcvFXW88DVKhR7e9jlBRECi+yyzO6caR4niC52C7QAUT/ITTrUYCj45xhY8Ewy2J9bRdv/gI4hF+nwFu3AsgZvHoVmhTKkvhPj8KaWNz6aWsLmZbfTsjnWdD3Uw8ZBDdNF/Epn5+upILToFiJHCzLdkzOK/hbnPs==n2hZ-----END PGP SIGNATURE-----[/size][/font][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]-----BEGIN PGP PUBLIC KEY BLOCK-----Version: BCPG C# v1.6.1.0mI0EURVcAQEEAJimSJ+4ZxQomU7Ka3ijlwy6YNDd0TDQQ+sgia0TjghNFUSJLuCJYEDWDy3DracSa5RSJchrr6I8wML11XVr3KtNVsaLUvi4jIx7chLyt+NwpSt1vkEndlDof0lN7ac2Hbfnbohikynzdj8PpHMK8lCawpx3NrvxwsVmDRzv79kBABEBAAG0Gk1vbmV5cGFrVHJhZGVyQHRvcm1haWwub3JniJwEEAECAAYFAlEVXAEACgkQfmkkXsNpNrTVjQQAjxCrykrFOyxovPPwnY3bh5H9R0f/pyEzhJEhw0Vnx/biUkEig7bPvVMcnTlSR0VW5qE9ugGefTG0va4k0n/75SZCWp35ii9i7dLCpLAmfjcwMTDqiBB4mhEbpZDfcQDptyxrnZq+hikt6h145sCcjxAkf/mPMbdTq5xjoGX+yGk==Lvvs-----END PGP PUBLIC KEY BLOCK-----[/size][/font][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]Although this is not necessary for communication through TC: km6zzhrcgncpq7i2[/size][/font][/color]

I have contacted MoneypakTrader and asked if there is any further information they can publically announce at this stage.


I still do not understand why this stock is so expensive?

I know that the total issued was: [color=rgb(51, 51, 51)][font=helvetica neue][size=13px]10,000,000,000[/size][/font][/color]
[color=rgb(51, 51, 51)][/color]
[color=rgb(51, 51, 51)][font=helvetica neue][size=13px]And he just sold the stock to himself in this transaction: [/size][/font][/color][font=verdana]http://blockscan.com/order.aspx?q=2866?[/font]

[font=verdana]Anyone can explain this better than my silly brain can understand?[/font]

[font=verdana]Selling to himself doesn’t really mean much except he was testing the exchange. It doesn’t indicate market value.[/font]

[font=verdana]MoneypakTrader have an exchange thread on bitcointalk: [/font]https://bitcointalk.org/index.php?topic=133439, started from early 2012. I have asked him the same questions.


[quote author=Global_trade_repo link=topic=21.msg109#msg109 date=1391494690]
[font=verdana]Selling to himself doesn’t really mean much except he was testing the exchange. It doesn’t indicate market value.[/font]

No, it seems the stock was bought by others not himself.

He buy XCP and sell MPSTOCK, that is the deal: [font=Verdana][size=78%]http://blockscan.com/order_match.aspx?q=2866[/size][/font]

There are 40 order matches so far, that is why his address has the most amount of XCPs.

One thing I have just noticed is that the buying addresses have a negative XCP balance.
Can anyone else check ? (I have checked them through a web front end I am testing that talks to the Counterpartyd API).

MoneyPakTrade.com have responded to my questions, but I am still confused about the amount they issued.


[quote author=520Bit link=topic=133439.msg4965424#msg4965424 date=1391656421]
[quote author=MoneypakTrader.com link=topic=133439.msg4961560#msg4961560 date=1391639637]
[quote author=520Bit link=topic=133439.msg4927568#msg4927568 date=1391504195]
I checked that you issued 10,000,000,000 MPSTOCK by using XCP. I want to confirm if this is the official issuance? And you also created a sell order to sell 100 MPSTOCK with 2000 XCP/MPSTOCK, right?
If it is true, do you think it is expensive at 2000 XCP/MPSTOCK with a total 10,000,000,000 MPSTOCK?
Why do you only sell 100 MPSTOCKs in XCP, what will you do for the rest of MPSTOCKs?
When will the investors get the interest after investment? And how will they get?
Hash: SHA512

"MPTSTOCK" on the XCP platform paying dividends in XCP is the official
shareholders stock for MoneypakTrader.com

100 divisible shares are outstanding and represent the entirety of the
shareholder interest (100%) making each share equal to a 1% interest.

Rights/Control are given at the discretion of the owner/s.

Version: BCPG C# v1.6.1.0
-----END PGP PUBLIC KEY BLOCK-----[/quote]

We issued 100 MPTSTOCK to represent 100% of profits and put it all up for sale at a market cap we feel is accurate for the company. Pricing of MPTSTOCK will be at the discretion of whoever buys/sells such asset.
The protocol uses 10000000000 to represent 100 of an asset but blockscan doesn’t properly show that, so it should read 100.00000000 instead of 10000000000. Also blockscan is currently having some trouble with assets.

We did not issue any other assets yet (such as MPSTOCK) but we do have plans to issue other assets in the future.

We attempted to issue 100 AAAMPTSTOCK initially before realizing the “A” truncation issue in the protocol. We will recall the 100 AAAMPTSTOCK or distribute it evenly among MPTSTOCK holders when possible before the first profit distribution to ensure each MPTSTOCK purchased represents 1% of profits ad infinitum.

We are keeping a ledger of all future profits (XCP/BTC, etc. starting 2/1/2013) made through operation of moneypaktrader.com and will distribute profits to MPTSTOCK holders (XCP first and BTC also if/when the counterpartyd client allows sendBTC as described below). Significant stakeholders may review the ledger or request other involvement.

Profits will be distributed at least once a month so the first distribution will be before March.

We have enabled a simple DEX trading option/platform to expand people’s options and hopefully gain that market share (of allowing non-technical bitcoin holders to invest in or send XCP/DEX). This is an innovative and unique service similar to our MP/BTC trading services. Anyone with the private key for their BTC address can buy XCP/MPTSTOCK by sending BTC to our specified address (see our forum thread or website). We then spend the BTC on the DEX to buy XCP/MPTSTOCK which is sent (minus 10% commission) to the Buyer’s address.
Essentially - Anyone can buy XCP/DEX Assets by sending bitcoins from their bitcoin client to our current XCP buy address (shown on both our site and our bitcointalk thread for redundancy). This will work for any client/address which the buyer has the private key for (pretty much all BTC clients except exchange accounts).
When our messenger (TC and/or FB) shows green, this service is available for rapid processing at a premium. Otherwise, our goal is to process all such transactions within 24-48 hrs. Frequency of trades will depend on volume of submitted orders.


Thanks for your reply. But there is still a confusing. When I check the MPTSTOCK in counterpartyd_build, it shows that 200 MPTSTOCK have been issued. But you said 100 MPTSTOCK issued. What is the problem?

c:\\counterpartyd_build>counterpartyd asset MPTSTOCK<br /><br /><br />c:\\counterpartyd_build>echo off<br />Asset Name: MPTSTOCK<br />Asset ID: 101249773934<br />Total Issued: 200.0<br />Divisible: True<br />Issuer: 1FCkCQCnEtHQ3j7NqdkAnkqQUvqfti4XoA