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I received BTC in my counterwallet?

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nk1tz

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I just noticed that along with the LTBcoin distribution I also received a small amount of BTC in my counterwallet. I understand how counterparty works and why small amounts are required to make transactions but where did these BTC come from?

edit: Also, what are this EARNFREEBTC coins... scam coin no doubt?

Posted on July 27, 2014 at 10:16 AM
Last Edited: July 27, 2014 at 10:16 AM

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• rotalumis

  

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  That little bit of BTC is part of the transaction, as you say. A Counterparty transaction is a regular bitcoin transaction with the Counterparty data tagged on, so that is the BTC part of the bitcoin transaction, over and above the miner's fee..

  Here's the lowdown on EARNFREEBTC by @Cryptonaut.

  EARNFREEBTC is a dividend paying asset built on the CounterParty protocol. It represents all profit made from http://earnfreebitcoins.com , a pet project of mine that has been running since late 2012.

  Posted on July 27, 2014 at 10:28 AM
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• monbux

  

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  How much LTBc did you receive? I'm just curious, just found out about this cool site a few days ago... Still learning :)

  Posted on July 27, 2014 at 10:42 AM
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• bitsol

  

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  @nk1tz I just noticed that along with the LTBcoin distribution I also received a small amount of BTC in my counterwallet. I understand how counterparty works and why small amounts are required to make transactions but where did these BTC come from?

  edit: Also, what are this EARNFREEBTC coins... scam coin no doubt?

  Here is how it works: @Cryptonaut gives you EarnfreeBTC, as your share, ignore that. XBTC is what you get from him. The EarnfreeBTC is just the amount of share you get. To stop this, go to settings and uncheck Receive occasional free tokens to my Counterparty compatible address

  Posted on July 27, 2014 at 4:28 PM
  Last Edited: July 27, 2014 at 4:30 PM
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• bitsol

  

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  @monbux How much LTBc did you receive? I'm just curious, just found out about this cool site a few days ago... Still learning :)

  I got these from letstalkbitcoin: EARNFREEBTC: 1 LTBCOIN: 17,291.1678952 XBTC: 0.00000034

  Posted on July 27, 2014 at 4:30 PM
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• Ryan

  

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  What is lovecoin and where does it come from?

  Posted on July 27, 2014 at 8:18 PM
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• Trojantouch

  

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  Im one cent short from covering my transfer fees to trade my coins out. :(

  Posted on July 27, 2014 at 9:11 PM
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• Cryptonaut

  

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  Location: Canada

  @bitsol

  @nk1tz I just noticed that along with the LTBcoin distribution I also received a small amount of BTC in my counterwallet. I understand how counterparty works and why small amounts are required to make transactions but where did these BTC come from?

  edit: Also, what are this EARNFREEBTC coins... scam coin no doubt?

  Here is how it works: @Cryptonaut gives you EarnfreeBTC, as your share, ignore that. XBTC is what you get from him. The EarnfreeBTC is just the amount of share you get. To stop this, go to settings and uncheck Receive occasional free tokens to my Counterparty compatible address

  yep, anyone that holds on to the EARNFREEBTC tokens gets some XBTC every week

  Posted on July 28, 2014 at 8:54 AM
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• bitsol

  

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  @cryptonaut

  @bitsol

  @nk1tz I just noticed that along with the LTBcoin distribution I also received a small amount of BTC in my counterwallet. I understand how counterparty works and why small amounts are required to make transactions but where did these BTC come from?

  edit: Also, what are this EARNFREEBTC coins... scam coin no doubt?

  Here is how it works: @Cryptonaut gives you EarnfreeBTC, as your share, ignore that. XBTC is what you get from him. The EarnfreeBTC is just the amount of share you get. To stop this, go to settings and uncheck Receive occasional free tokens to my Counterparty compatible address

  yep, anyone that holds on to the EARNFREEBTC tokens gets some XBTC every week

  @Cryptonaut gives you that "scam" it is awesome

  Posted on July 28, 2014 at 9:26 AM
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• shopnhowler

  

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  @ryan What is lovecoin and where does it come from?

  One of the LTB users here created it not exactly sure about what it is myself but you can learn more here.

  Posted on August 3, 2014 at 11:22 AM
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• shopnhowler

  

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  Not-related random question: does anyone know why counterparty's fees are 0.005 BTC, but my account is never debited exactly 0.005?

  Posted on August 3, 2014 at 1:58 PM
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