Hey Pouncer - can you put me down for buying 5000 MSC @ .01? I'd like the original price please.
besides, if you don't like my garbage - just use the mechanical ignore feature if your brain is too feeble to handle that function automatically like most people.
Sigh. Sadly, I did not make this a self-moderated thread. Soon, we'll have the distributed exchange and I'll lock this thing forever
It's important to have some buy orders available for people who decide they want to sell. This gives us some resistance to sudden downward moves.
I hope none of you are operating under the assumption that MSC values will only ever go up. I don't think anybody is more bullish than me, but I won't be surprised to see 90% pullbacks on the way up, like when bitcoin crashed from over $30 to $2 in 2011. That kind of price action shakes out the weak hands, but you have to have a strong stomach to hold your coins through something like that (I did). Everybody can see now that holding (or better still, buying) in that crash would have been an amazing investment. It wasn't so clear when it happened though. It went down, and it stayed down for a long time. If you don't think something like that can happen to Mastercoin, you're fooling yourself. (I don't intend to crash the market, but I can't control other people).