Topic: ♦♦♦♦♦♦[ANN]♦♦MTR♦♦MasterTraderCoin♦♦10.4m♦♦TOSHIDESK LLC♦♦ETNA Partnership♦♦♦♦♦♦ - page 123. (Read 229841 times)

i just had a concern, please answer it publicly, at the current low price you have 1.8million USD premine. what are your servers made of? gold or crystal meth?

Premine is always a risk and the risk is directly related to the dev's integrity and commitment tot the coin. Many coins have been burned by dev action which is something that nothing can be done about and where the dev dumped premine and the people got upset. Many coins have also been burned where the dev does not have any resources to do development with and then the people get upset about the dev's non-action. In both cases people get upset.  The answer is somewhere in-between. The size of the primine is one of those things where at the anticipated price range eventually, based on other coins at similar price levels, there will never be a buy order side of perhaps more than 100k at one time. This means that if the premine was 100k or 10m does not make a difference.

The way I look at this is that I don't put anything in that I cannot afford to lose. I am very critical about devs and judge their actions because in this game dev action is the only indicator of a dev's integrity and commitment and plays a big part in a coin's future. So far, apart from the early POW launch,  the dev has been very professional with regular feedback and updates etc. Does the dev have integrity? Maybe/maybe not, but each action will be closely watched and judged and tip the scale to either side. Can the dev dump premine? Yes and no, because it is in escrow and as long as the community watches the premine account with a hawks eye for unannounced movements not in line with the roadmap and as long as the escrow holder makes noise here when there is an imminent movement then things should be fine. The escrow holder can for example make an announcement of a planned move then the community has time to decide if the move is justified or not and get out if they want to.

From a product and roadmap/whitepaper perspective Toshidesk is certainly something that will be in high demand and will therefore create demand for MTR. Demand for a coin is after dev action the biggest thing that determines the future of a coin and third on the list imo is coin specs. As can be derived from recent coins with different types of stake % then the stake % has to be not too big and not too low. MTR's stake % is in the sweet spot if you look at the money supply graph I posted earlier. If a coin has a committed dev with integrity, with a solid roadmap and product and there is demand for the coin and the specs are in the sweet spot, then it is a good combination with a higher chance of success. This is much more than can be said of most other coins.

Is there risk? Yes. But there are also compensating controls that seems to be strong enough in this case that reduces the risk to some extent. In the event that the plane does crash and burn, then the coin joins the other 99% of coins and since everyone followed the golden rule of not investing what they cannot afford, then it is not a big issue. So far risk vs reward looks positive. If it is so that Satoshi Nakamoto owns 1m BTC, he can kill the market in one go, but I would like to believe that his integrity is preventing him from doing that.

This is my personal view and what I use to assess the risk of premine in this case.

Lol, not hiding your post? You are simply trying to hide my update...I know this game too well buddy. lol.

I'm deleting my own price post that are no longer relevant to showcase my update development.

How about if you have any questions comments or concerns you contact me via PM?  

Thanks,

MasterTrader777

MasterTrader777 could you please stop deleting your old posts so my post isn't first on page 38. if you have any issues please contact me via PM.

ive watched you go from 191 posts to 187 it attempt to hide my post. hiding isn't the answer.


could we get some kind of breakdown on this toshidesk? and why it needs 2million dollars funding? thats at current levels, if price goes up x3, then you will have 6million dollars USD equivalent in premine, are your servers made of gold?


Regards
ActualUpsurge

Thanks for stopping by.

Take care



Legitimate concerns?

I have addressed them multiple times not only from you, but a few others, and my answers have been straight forward and direct.

Have you read the whitepaper?

I would like to ask that you do.

Thanks,

MasterTrader777

Read the white paper...

so we have 100k coins, and 10 million premine, so when the price goes up you can sell to enhance toshidesk. hmm.


what happenen to the good old days when devs had 2% premine, you actually have 10,000% premine.


or 98.9% of the combined coins is premine. can we explain this? other than its for toshidesk?


Right now as we speak, your 10m coin premine is worth 6700BTC or $1,858,513 USD.

Hello MTR Community.

MTR Administration here to bring you supporters another ToshiDesk Development Update.

Charting will be one of the most important aspects of ToshiDesk, and integrating the "social" in ToshiDesk Social Trading Platform is just as important.

We wanted to bring a little bit of that to the table and show you MTR Administration is doing developing features no other chart site is doing for any Crypto Traders.

So take a look at where we are with this.





Any user can enter information about trades they have made.

Those trades will show in their own trade notification section.

If a user is a master and is followed by people, then those people also see the trades in the notification section.

The user will fill in a form showing the exchange, market, date/time, quantity and amount.

This information is stored in the database and then linked with their profile.

When a chart is first displayed, the system sends down all of the information about trades as well.

As time passes, both the chart and trade notifications are updated, real-time.

To make this flexible, as users may not always want to see these trades in their chart, there is a button (top left triangle).

When the button is clicked the trades display on the chart as flags.

When the flag is hovered over, information about that trade displays.

The trades are populated on the chart just as the candlesticks are - based on time and price.

So picture being able to log into ToshiDesk, and Click a button - and have the charts display where all your Masters, Friends, and your personal chosen followers entry and exit points on the charts. This feature of Social Charting will dig deeper, trust me we are just scratching the surface right now with that concept and promise to bring you all something truly out of this world useful!

Please check out www.ToshiDesk.co - To sign up for BETA access.

Thanks for all the support MTR Community, and we wish you tell your friends to come stop by the thread!

MasterTrader777
www.MasterTraderCoin.com
www.ToshiDesk.co
@MTRDevelopers - Twitter
[email protected] - Email
Contact Number: 1-800-278-4616

There are many shitcoins out there. I have made plenty of money off of paycoin. There are many who didn't. And when I have money vested I too take it personally when someone trashes my investment. But in the end I'm in it for the long haul. I'm not trying to make a quick buck. Don't make the same mistake as they did by trying to silence legitimate concerns.

not playing this coin..
good luck!

A few hours back I sent coins from the new wallet to C-CEX still on the old wallet. It took about 2 hours to go through the 10 confirmations and from time to time stood still for a long time on a confirmation even though the blocks moved. I did this twice and both times it took this long, but it did go through eventually. I then also tested sending coins from C-CEX to Bittrex and that also worked - at first that got stuck but when Bittrex upgraded their wallet it went through the 6 confirmation and appeared on the other side.

That troll just got put to sleep jajaaja. Very nice update mastertrader I like to check thread before bed buying more again

Ehhh don't let the troll get to ya, hes her to FUD the price down for himself.

I answered your question fully and treated it as any other question asked in this thread. My 2 cents at the end was just my final thoughts as I looked after typing all that to see you haven't made a post in quite some time. That's a bit alarming to me as well. What else also pinged the alarm is how brief and short your comment was, a serious investor that was truly interested (in my opinion ) would have given me more to read into. A serious investor would have also read the thread, whitepaper, and realized the basis on which that reserve is being contained and used for long term.

Mind posting your profile links from other forums using your currently used forum handle? Just to clear the air? I don't believe I was being "pretty harsh" in my response at all, as I answered it accurately, promptly, and respectfully. 

Thanks,

MasterTrader777

Hey Keith,

Appreciate your continued support from very early on.

Thanks for your question as well.

MTR board members will have to meet certain qualifications to become a board member.

One of those qualifications will be having to hold a set amount of MTR, but that amount hasn't been set in stone yet.

We have a drafted list of qualifications that will be part of the process in becoming a board member, but we don't wish to release them at the present time.

I will keep the community informed as the Board Member Details and Applications become available.

Any other questions, feel free to ask.

Take care,

MasterTrader777

Please do not come here and compare MTR to that shitcoin in any way.

@MasterTrader777 I find your comment to be troubling.

Actually I was seriously considering investing this coin. I do know from and MIT study, that the coins that are most successful are the one that are less top heavy and better distributed. This is just one aspect I'm considering. The fact that your wallet is not cut and paste is refreshing. I've downloaded it and I'm checking it out. If it has enough unique features, I may find it worth investing in.  

As a matter of fact this is the name I use in every forum. I don't have a lot of posts in this forum because I don't use it much. I have been spending a lot of time in hashtalk which is currently down and under huge scrutiny.  Josh was pretty harsh with critics as well. He was also a bit of a control freak. He too keeps most of his coins close to himself. I am not interested in getting caught up in something like that again.

Ouch.

Well, C-Cex is still on the old chain.

Did you update your wallet yet?

How many did you send?

Transaction TxId? - let me see what I can uncover.

The support ticket may help. They might be able to send them back to you, while their wallets are still on the same chain?

But if you updated your wallet, and sent them to an old chain, you just burned MTR. ( From my understanding )

Now I'm not the exchange, they might be able to do something for you, but I'm not 100% sure.

Kind Regards,

MasterTrader777