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Topic: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread - page 37. (Read 165312 times)

sr. member
Activity: 277
Merit: 257
Hey firstly sorry but Im a noob when it comes to Mastercoin.

I noticed that the price has fallen pretty heavily this year. How come is there any explanation or reason?
member
Activity: 114
Merit: 10
Masterminds,

Just updated the blog with my plan to open up communications in the MSC community.

http://blog.mastercoin.org/2014/08/06/opening-up-communication-and-amas-starting-today/

Also I'll be hosting an AMA all day on the MSC sub Reddit.

http://www.reddit.com/r/mastercoin/comments/2csmj4/opening_up_communication_and_the_first_ama/

I look forward to your questions : )

Best Regards,

David A. Johnston
Chairman of the Mastercoin Foundation
[email protected]
member
Activity: 114
Merit: 10
Dear Masterminds,

I want to wipe the slate clean here and reset the priorities of the Foundation.

I've set forward an open road map in Google Docs, please offer your input.

http://blog.mastercoin.org/2014/08/05/intro-to-david-johnston-resetting-the-foundations-priorities/

Link to discussion on Reddit and MSC Forums.

http://www.reddit.com/r/mastercoin/comments/2cow6s/resetting_the_msc_foundations_priorities_give/

http://mastercointalk.org/index.php?topic=796.0

Let the great discussion begin.

Thanks : )

David A. Johnston
Chairman of the MSC Foundation
[email protected]
full member
Activity: 142
Merit: 252
JR, is there any imminent application for Mastercore (which is not just another user-defined currency)?  Something significant like the proposal that Overstock shares be traded via XCP.

*The imminent application to be built on top of the Mastercoin Protocol is the one that you write. My goal is to make interacting with the protocol easy. I think that an inventor should never impeded by his tools.

+1

Masterminds invited to contribute.

newbie
Activity: 58
Merit: 0
JR, is there any imminent application for Mastercore (which is not just another user-defined currency)?  Something significant like the proposal that Overstock shares be traded via XCP.

*The imminent application to be built on top of the Mastercoin Protocol is the one that you write. My goal is to make interacting with the protocol easy. I think that an inventor should never impeded by his tools.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
JR, is there any imminent application for Mastercore (which is not just another user-defined currency)?  Something significant like the proposal that Overstock shares be traded via XCP.
legendary
Activity: 1554
Merit: 1000
I don't think imprisonment or death is in order but....

Cryptostration?
hero member
Activity: 669
Merit: 500
JR, Can the mastercoin foundation add a bylaw banning any board member from publicly announcing any intention to buy or sell mastercoins? I don't think imprisonment or death is in order but they should be removed form the board immediately.
legendary
Activity: 2408
Merit: 1121
There's a certain irony in one of the founders of MSC being a buyer of last resort.

Imagine if that was the scenario with BTC, satoshi asking to buy unwanted Bitcoins.

Nice morale booster, that.
hero member
Activity: 714
Merit: 502
Why don't you ask David Irvine you fucking twat?!

Hmmm,

This is interesting

Either JR knows something , or he is trying to psych out the market into an uptrend

He has a lot of coins.  He has more to gain by an uptrend than anyone else.

Having all my original MSC back is a VERY appealing psychological milestone for me Smiley

I'm not getting any love at 0.0075. Please, if you don't like my price, send me your best offer! I have a couple offers so far, but they are WAY higher!

As I mentioned yesterday, I may just try doing this slowly. I was just hoping to get it done in one fell swoop if there was a big seller waiting for an opportunity . . .

It also occurs to me that I shouldn't hijack our official thread for my own personal marketplace Smiley

I'll try to keep it to the reddit post henceforth. Feel free to chat with me there: http://www.reddit.com/r/mastercoin/comments/2cmc8t/anybody_selling_a_big_chunk_of_msc/
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
Hmmm,

This is interesting

Either JR knows something , or he is trying to psych out the market into an uptrend

He has a lot of coins.  He has more to gain by an uptrend than anyone else.

Having all my original MSC back is a VERY appealing psychological milestone for me Smiley

I'm not getting any love at 0.0075. Please, if you don't like my price, send me your best offer! I have a couple offers so far, but they are WAY higher!

As I mentioned yesterday, I may just try doing this slowly. I was just hoping to get it done in one fell swoop if there was a big seller waiting for an opportunity . . .

It also occurs to me that I shouldn't hijack our official thread for my own personal marketplace Smiley

I'll try to keep it to the reddit post henceforth. Feel free to chat with me there: http://www.reddit.com/r/mastercoin/comments/2cmc8t/anybody_selling_a_big_chunk_of_msc/
full member
Activity: 399
Merit: 105
Hmmm,

This is interesting

Either JR knows something , or he is trying to psych out the market into an uptrend

He has a lot of coins.  He has more to gain by an uptrend than anyone else.

Maybe that is his wall on MasterXChange ; just trying to stop the crash.  3000 MSC seems to have stopped further price decline.  I wonder if it can hold.
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
Hmmm,

This is interesting

Either JR knows something , or he is trying to psych out the market into an uptrend

He has a lot of coins.  He has more to gain by an uptrend than anyone else.
legendary
Activity: 910
Merit: 1000
Hmmm,

This is interesting

Either JR knows something , or he is trying to psych out the market into an uptrend
hero member
Activity: 644
Merit: 500
So Ron is officially gone. https://blog.mastercoin.org/

Will be interesting to see if anyone will sell to JR
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
I don't recall you going on to ElDido's exchange and advertising your private sell back then.

I see what you mean! I don't recall if I did that then or not (was there even a trollbox then?). I generally post things of interest everywhere I know people are interested in MSC, but I agree that I probably shouldn't have mentioned my private offer in the exchange chatroom - bad form.

Sorry ElDido!

Apology accepted
I wasn't aware it was you talking about it on the chatbox actually

But the point I wanted to discuss is that I believe the effect you will have on the market by doing this transaction(s) will be relatively the same if you do it OTC or on masterXchange.
By announcing your intention to buy big at a determined price, other traders will not sell for less anywhere. If you place a big buy order at the same price on masterXchange, you will have the same effect, plus allowing smaller sellers to fill your order.
But it will cost you more time and energy to do it OTC Smiley


Yeah, I did experience some slippage back in February when I did this in the other direction, but it was a huge order, so some slippage is expected. From the PMs I'm getting, it's looking like I'm not going to get filled anywhere near spot prices right now, so maybe I will have to spread it out on MasterXChange and the dEX, or maybe I just need to wait longer. However, I'll be kicking myself though if this is the bottom and I don't get some!

Speaking of the dEX, I'm disappointed there's not more available for purchase on the distributed exchange, which is of course my preferred option. Somebody want to put a big chunk for sale on there for me?

My query is only a few hours old, so probably a lot of potential sellers haven't even seen it yet.

I'm going offline until tomorrow. You guys bombard me with attractive offers via PMs, and I'll get back to you tomorrow, ok?
newbie
Activity: 48
Merit: 0
I don't recall you going on to ElDido's exchange and advertising your private sell back then.

I see what you mean! I don't recall if I did that then or not (was there even a trollbox then?). I generally post things of interest everywhere I know people are interested in MSC, but I agree that I probably shouldn't have mentioned my private offer in the exchange chatroom - bad form.

Sorry ElDido!

Apology accepted
I wasn't aware it was you talking about it on the chatbox actually

But the point I wanted to discuss is that I believe the effect you will have on the market by doing this transaction(s) will be relatively the same if you do it OTC or on masterXchange.
By announcing your intention to buy big at a determined price, other traders will not sell for less anywhere. If you place a big buy order at the same price on masterXchange, you will have the same effect, plus allowing smaller sellers to fill your order.
But it will cost you more time and energy to do it OTC Smiley
sr. member
Activity: 285
Merit: 250
JR is back!we're saved.Msc will go to the moon.
legendary
Activity: 1260
Merit: 1031
Rational Exuberance
I don't recall you going on to ElDido's exchange and advertising your private sell back then.

I see what you mean! I don't recall if I did that then or not (was there even a trollbox then?). I generally post things of interest everywhere I know people are interested in MSC, but I agree that I probably shouldn't have mentioned my private offer in the exchange chatroom - bad form.

Sorry ElDido!
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