Dear Bitcointalk Friends,
I am crazy with Mastercoin. I have been paying attention to MSC since Oct., 2013 and I am a witness of MSC what they are doing and how they are starting the whole project. As J.R. has personal financial problem now, I think we should find a way to help him, not only help him but also help the Mastercoins and Bitcoin. I believe that if Mastercoin succeeded finally, all bitcoin fans will take a great benefit from it.
Now J.R. is announcing to sell 3-6% of his own MSC, it is a chance for us and Mastercoin. I have already sent PM to him that I want to buy 1000 MSC from his hand, but I don't think this will really solve his personal financial problem, and myself can only afford 150 BTC to buy. So I would like to advocate that everybody in this bitcointalk community can raise your hand to join in us to buy all the MSC from J.R.
I would like to be the escrow freely since I want to buy 1000+ MSC from J.R. I will accumulate everybody's BTC to one address and then buy them from J.R. After that everyone can get your own MSC distribution. Let's move, help Mastercoin and J.R.
The more circulation of MSC, the more success MSC will be! The accumulate BTC address is:
1CtXcTFDfBppdXmRSkG8JggXAjEQTeMpArI wish J.R. could develop Mastercoin full time after this buying thread because Mastercoin is absolutely an amazing project!!!Below are more details about J.R. sell MSC and Mastercoin.
My Mastercoin friends,
Given all the competition we've seen in this field lately, I no longer feel I can afford to wait for a sky-high price I like before selling some Mastercoins and jumping into the fray full-time. (As you all know, I've never sold a single one of my own Mastercoins, and I've been persistently disdainful of the market price so far).
I had a meeting with my tax advisor, and I'm going to have a HUGE tax bill due in April, so even if I wanted to wait longer, I cannot. So, I'm going to commence selling small amounts on the exchanges and see how it goes. Over the next few days, I will be placing small sell orders above the market price on various exchanges. I'm not in a hurry, and you won't see me dumping a lot of coins onto the bids or anything like that.
IF YOU WOULD LIKE TO PURCHASE A LARGE CHUNK OF MASTERCOINS WITHOUT MOVING THE MARKET, THIS IS YOUR CHANCE. Please PM me if you would like to get a large chunk of MSC around current market prices. For very large purchases (100 BTC+), I may consider selling slightly below market if you can convince me you are making a long-term investment. Several of you have reached out to me in the past asking to make large purchases of this sort, and I told you I wasn't selling. Now I am.
Please don't PM me about small orders (< 5 BTC). You can easily buy those quantities on the exchanges if you like.
I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC). If there is a big buyer right now, I may do it sooner, otherwise it may be later in the year. If I haven't sold them by August 1st 2014, I'll sell more aggressively, as I will have held them for a year and I'll only have to pay long-term capital gain taxes.
I believe very strongly in Mastercoin, but something like 99% of my personal net worth is currently in Mastercoin, and Ron has convinced me that I have to do SOME diversification, especially since that will allow me to quit my dayjob and throw myself headlong down this rabbit hole
Thanks!
-J.R.
Also posted this on reddit:
http://www.reddit.com/r/mastercoin/comments/1uo0ft/buy_mastercoins_directly_from_jr_founder_of/ https://bitcointalksearch.org/topic/m.4376270Also posted this on reddit:
http://www.reddit.com/r/mastercoin/comments/1uo0ft/buy_mastercoins_directly_from_jr_founder_of/