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Topic: MasterCoin Buyer/Seller Thread - page 27. (Read 226671 times)

legendary
Activity: 882
Merit: 1002
January 06, 2014, 06:51:44 AM
"The promotion is ended and we now charges our regular 0.9% fee upon trades".

Trade volume is really low. I don’t think the higher fee is the cause but it sure does not help.

DarkEmi i still hope you will reconsider.
hero member
Activity: 874
Merit: 1000
January 05, 2014, 02:38:14 PM
Did the NXT source code get released today? I couldn't find any mention of it anywhere, checked download site for client as well as Bitcointalk threads.
This is  MSC, Who care of nxt. give a damn to nxt.
I heard NXT is a scam - no?  What is the story on that project?
sr. member
Activity: 285
Merit: 250
January 04, 2014, 08:01:45 AM
Did the NXT source code get released today? I couldn't find any mention of it anywhere, checked download site for client as well as Bitcointalk threads.
This is  MSC, Who care of nxt. give a damn to nxt.
sr. member
Activity: 448
Merit: 250
black swan hunter
January 04, 2014, 01:19:18 AM
Did the NXT source code get released today? I couldn't find any mention of it anywhere, checked download site for client as well as Bitcointalk threads.
sr. member
Activity: 602
Merit: 268
Internet of Value
January 04, 2014, 12:23:56 AM
Few words to the sellers:

Few days ago the price at masterxchange.com was 0.26. The total amount of buy orders was about 40 MSC.
Then someone posted 200 MSC at a lower price and another posted 100 in a lower price again and so on.

I mean, come on...
It is a free world of cause and anyone can do whatever they want, but people! think before you do stupid things...

Unless you need the money for some urgent stuff, please, sell 10/20 at a time.
You will get much more and you will only need to wait one or two weeks.

MSC still doesn't have the sufficient eco system. It is like a new company that just raised its money.
Companies at this phase are not traded on stock exchanges in the old economy.
Shareholders are expected to be responsible and reasonable.

What do you think will happen if JR Willet for example will decide to sell all his MSC at once?

If you look for quick money - go play with dogecoins or nxt.


+1

+2

+3

Sound like a Titanic scene.
sr. member
Activity: 448
Merit: 250
black swan hunter
January 03, 2014, 11:43:58 PM
I suspect some players are trying to deliberately manipulate the market since it is thinly traded compared to other crypto assets with the same order of market cap - Ripple and Mastercoin have about 1/10 or less of the trading volume of NXT, Bitcoin, Litecoin, etc.

It seems market cap is not a very good indicator of the total value of the asset in circulation since it doesn't account for the ability of the market to absorb a sell-off. I suspect NXT is actually a lot less resistant to a sell-off than Litecoin, so it's actual total value is a lot less than what simple market cap indicates.
full member
Activity: 211
Merit: 100
January 03, 2014, 08:32:16 PM
Few words to the sellers:

Few days ago the price at masterxchange.com was 0.26. The total amount of buy orders was about 40 MSC.
Then someone posted 200 MSC at a lower price and another posted 100 in a lower price again and so on.

I mean, come on...
It is a free world of cause and anyone can do whatever they want, but people! think before you do stupid things...

Unless you need the money for some urgent stuff, please, sell 10/20 at a time.
You will get much more and you will only need to wait one or two weeks.

MSC still doesn't have the sufficient eco system. It is like a new company that just raised its money.
Companies at this phase are not traded on stock exchanges in the old economy.
Shareholders are expected to be responsible and reasonable.

What do you think will happen if JR Willet for example will decide to sell all his MSC at once?

If you look for quick money - go play with dogecoins or nxt.


+1

+2
And don't compete like crazy for the best selling price just because your order hasn't gotten filled in the last day or so.  Think about what they're actually worth.  It's not like your order is going to get bought any quicker because the lowest price is .2 or .26.  There is a limited supply of buyers and sellers, so don't be retarded and compete for the lowest price.  Just relax until a buyer comes along.
hero member
Activity: 511
Merit: 500
Hempire Loading...
January 03, 2014, 05:58:07 PM
Who the heck is moderating this thread? All this name calling sucks: crime-in-progress or not. Also for timelines, accusations, etc.. make a new freaking thread and just link to it. Not only will it help Mastercoin by filling more of the 'noise-space' of alt-coin land, it will keep threads like this clear for others.

I'm not sure how long many of the people in this thread have been around in bitcoin talk land, but lots of great projects were permanently derailed because of people getting worked up. Take it to your own thread if it has to be said, but don't pollute the main mastercoin threads so that all anyone see's when they come to check out mastercoin is name calling.

100% agreed. When I evaluated Mastercoin, it beat the competition for the following reasons:
-Internal support within the Bitcoin community.
-Massive funding advantage.
-The right features, done the right way.

In my view, the problem called out above overrides all those reasons, and puts the entire project at risk.
In the months since I have been invested, I have found myself less motivated and enthused day by day. That has nothing to do with the benefits above, and everything to do with the toxic culture permeating the project.  Projects do not, cannot succeed amidst such dysfunction.

Well fortunately this is a fairly easy problem to fix. Heavily moderate "official looking" threads. People are free to make as many threads as they like and talk about what ever nonsense the subforum mod lets them do. But I think it's important that 'official looking' threads are kept on topic and clear of the bickering.

Couldn't agree more...now can we get back to discussing the features of Mastercoin?  I really wish the discussion was surrounding how to issue/broadcast user currencies and smart properties.  This is the true goldmine underlying Mastercoin, trading Mastercoins will eventually seem royally stupid, much like Bitcoin I operate from a "Gotta catch 'em all" mentality...or at least the more I have today the better off I'll be tomorrow.

Have any user currencies or smart properties been issued already?  If so, are they live on the network, or are they tests?  I'm really interested in playing with the protocol layer and helping in whatever way I can on this project.  Hopefully it helps me profit enough to own and operate a hemp farm in America, and if there's a way to add commodities like hemp as an option, I would love to get in on that now.
newbie
Activity: 12
Merit: 0
January 03, 2014, 05:48:41 PM
Few words to the sellers:

Few days ago the price at masterxchange.com was 0.26. The total amount of buy orders was about 40 MSC.
Then someone posted 200 MSC at a lower price and another posted 100 in a lower price again and so on.

I mean, come on...
It is a free world of cause and anyone can do whatever they want, but people! think before you do stupid things...

Unless you need the money for some urgent stuff, please, sell 10/20 at a time.
You will get much more and you will only need to wait one or two weeks.

MSC still doesn't have the sufficient eco system. It is like a new company that just raised its money.
Companies at this phase are not traded on stock exchanges in the old economy.
Shareholders are expected to be responsible and reasonable.

What do you think will happen if JR Willet for example will decide to sell all his MSC at once?

If you look for quick money - go play with dogecoins or nxt.




legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
January 03, 2014, 05:08:30 PM
Who the heck is moderating this thread? All this name calling sucks: crime-in-progress or not. Also for timelines, accusations, etc.. make a new freaking thread and just link to it. Not only will it help Mastercoin by filling more of the 'noise-space' of alt-coin land, it will keep threads like this clear for others.

I'm not sure how long many of the people in this thread have been around in bitcoin talk land, but lots of great projects were permanently derailed because of people getting worked up. Take it to your own thread if it has to be said, but don't pollute the main mastercoin threads so that all anyone see's when they come to check out mastercoin is name calling.

100% agreed. When I evaluated Mastercoin, it beat the competition for the following reasons:
-Internal support within the Bitcoin community.
-Massive funding advantage.
-The right features, done the right way.

In my view, the problem called out above overrides all those reasons, and puts the entire project at risk.
In the months since I have been invested, I have found myself less motivated and enthused day by day. That has nothing to do with the benefits above, and everything to do with the toxic culture permeating the project.  Projects do not, cannot succeed amidst such dysfunction.

Well fortunately this is a fairly easy problem to fix. Heavily moderate "official looking" threads. People are free to make as many threads as they like and talk about what ever nonsense the subforum mod lets them do. But I think it's important that 'official looking' threads are kept on topic and clear of the bickering.
hero member
Activity: 625
Merit: 501
x
January 03, 2014, 04:49:57 PM
Who the heck is moderating this thread? All this name calling sucks: crime-in-progress or not. Also for timelines, accusations, etc.. make a new freaking thread and just link to it. Not only will it help Mastercoin by filling more of the 'noise-space' of alt-coin land, it will keep threads like this clear for others.

I'm not sure how long many of the people in this thread have been around in bitcoin talk land, but lots of great projects were permanently derailed because of people getting worked up. Take it to your own thread if it has to be said, but don't pollute the main mastercoin threads so that all anyone see's when they come to check out mastercoin is name calling.

100% agreed. When I evaluated Mastercoin, it beat the competition for the following reasons:
-Internal support within the Bitcoin community.
-Massive funding advantage.
-The right features, done the right way.

In my view, the problem called out above overrides all those reasons, and puts the entire project at risk.
In the months since I have been invested, I have found myself less motivated and enthused day by day. That has nothing to do with the benefits above, and everything to do with the toxic culture permeating the project.  Projects do not, cannot succeed amidst such dysfunction.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
January 03, 2014, 04:13:15 PM
Who the heck is moderating this thread? All this name calling sucks: crime-in-progress or not. Also for timelines, accusations, etc.. make a new freaking thread and just link to it. Not only will it help Mastercoin by filling more of the 'noise-space' of alt-coin land, it will keep threads like this clear for others.

I'm not sure how long many of the people in this thread have been around in bitcoin talk land, but lots of great projects were permanently derailed because of people getting worked up. Take it to your own thread if it has to be said, but don't pollute the main mastercoin threads so that all anyone see's when they come to check out mastercoin is name calling.
full member
Activity: 223
Merit: 100
January 03, 2014, 01:03:02 PM
I think we painted you as a thief a bit too fast

Thank for collaborating towards a resolution. Now you are identified somewhere so that should be reassuring to people trading with you.

Emilien
full member
Activity: 179
Merit: 100
January 03, 2014, 12:54:41 PM
I had a few phones call today with inbox which gave us a 100% verified identity, ID & proof of residency, which of course we will not disclose with anyone.

We have unfrozen his 262.71142052 MSC and put them in a new account of his choice.

There is enought reasonnable doubt that inbox was indeed good willed to trust that all this was a huge misunderstanding.

We thank him for his good willingness in the resolution of this issue and hope he will not have hard feelings.

Thank you Emilien for the resolution. No hard feelings, I hope this will not hinder the reputation I had/have here. Many users were quick to jump to conclusions.
In the future I will try to do a better job with the disclosure.

Big thanks to Eldido/Adrien also.
full member
Activity: 223
Merit: 100
January 03, 2014, 12:43:28 PM
I had a few phones call today with inbox which gave us a 100% verified identity, ID & proof of residency, which of course we will not disclose with anyone.

We have unfrozen his 262.71142052 MSC and put them in a new account of his choice.

There is enought reasonnable doubt that inbox was indeed good willed to trust that all this was a huge misunderstanding.

We thank him for his good willingness in the resolution of this issue and hope he will not have hard feelings.
hero member
Activity: 644
Merit: 500
January 03, 2014, 08:05:59 AM
1. Someone succeeded in exploiting a vulnerability in a MSC exchange site? or a feature of MSC itself? please explain

No, nobody succeeded to exploit the MSC exchange site. Not in MSC or anything.


o3u
sr. member
Activity: 393
Merit: 250
Money comes, money goes
January 02, 2014, 09:55:55 PM
Timeline of events, and explanation  cleared up by inbox' link:

http://www.reddit.com/r/mastercoin/comments/1u7ku8/masterxchangecom_update_events_timeline/
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
January 02, 2014, 09:40:16 PM
What is this clown saying? I may unignore him so I have a good laugh  Cheesy
Who are you kidding dumbass?  You read every word I write.  Twice.  At least.  Dumbass.  You fucking love my shit and you can't miss a single thing.  You have never been able to ignore me. 

Do you know that many intelligent people actually do ignore me.  They just don't care for the extreme position.  They use their minds to ignore me.  They don't need some mechanical blocking means.  They just don't pay attention.

Then we have you.  You read every word I write.  You put me on 'ignore' with the mechanical system, but you just cant resist clicking unignore just to read my every post.  You love me.  I do too.  Smiley  I love you klee.   
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
January 02, 2014, 09:37:03 PM
2. That person was "punished" by having his MSC banned? the same way a government, bank, or other centralized entity would block money used for criminal activities?
yep, crime and anarchy rules in bitcoin and mastercoin.  fuck the world!  steal all you can.  No order, no regulation, just fuck everyone.
legendary
Activity: 1321
Merit: 1007
January 02, 2014, 09:24:25 PM
DGulari, this is for you.



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