Are you done ?

I think that it's you guys that will be facing legal liability lol.... Anyway can't see a reason mods have deleted this post except to misguide investors so I'll post it again and keep posting it everytime it's deleted. If I'm making false claims in this table mathematical mistakes can be easily dis-proven  

I think it's worth noting for the devs here that Mastercoins business model is inherently floored and unattractive to anyone looking to issue digital tokens. The table below shows what % of the entire free market   of Mastercoins have to be purchased in order to have a succesful asset issuance.

It also means that by their model they have to fix the price depending on how many assets are to be issued, and significant value is lost from the investment pool into the hands of Mastercoin holders.

Mastercoin Price                      Madesafe per Mastercoin                      Mastercoin required for IPO                %of mastercoin in existance                                      
0.0001 (real value, pre ipo)                    1.7                                                       252645135                                         40700%
0.06 (maidsafe move price 1)                1020                                                      421075                                            68% (lol)
0.08 (maidsafe move price 2)                1360                                                      315806                                            51%
0.2  (crowdsource incentive price)     3400                                                                  126322                                                       20%  

Maths for madesafe per Mastercoin = Bitcoin conversion price*Mastercoin price
Maths for mastercoin required for IPO = 429496729.6(maidsafe issued)/madesafe per mastercoin
Maths for % of mastercoin in existence = (mastercoin required for IPO/619478.6(mastercoin exist))*100

Edited to change real value (missed a .0) as explained here: https://bitcointalk.org/index.php?topic=395761.7860

This is definitely not true, and was never true.  Anyone spreading false rumors faces legal liability in civil court.

I guess we have found a new revenue stream to fund our legal and regulatory engagement team- just kidding. 

Well for me who got a average buy in price to Mastercoin at 0.17 after started buying at 0.419 through buymastercoins.com, I'm pretty happy to have converted a big chunk of my Mastercoins to MaidSafe. So not everyone is angry 

The question on everyone's lips.

What so safecoin market manipulates msc?

Appears to be a transparent and self critical attempt to address real issues that people have. Its a lot more than we would often be given, in the Bitcoin share markets.

Chang, change your coffee brand.

@Chang

Why have you reverted to vulgar and pointless posts, now?

Got a thread back, nice one
Whats is the reationship between master coin to safe coin?


it is a good question

I have enough BTC on my MSAFE address.


It doesn't work yes.

To the best of my knowledge, this is absolutely 100% not correct. We'll wait for the U.S dev team to wake up and double check.

In any case, there are right and wrong ways to do security disclosure. The wrong way is posting it on in forum/blog, the right way is sending it to [email protected] (I'm not pointing a finger at you you, but rather at the team who did the so called 'audit').

We have a security program - if anyone actually finds a security concerns, they get rewarded.

There is.
Just make sure you have enough BTC on your MSAFE address.

It's that easy yes.

So right now there isn't any way to send MSAFE with the *awesome* master protocol, right?

get the same - on two stations

has this been resolved?   source: http://bitcoinpete.com/2014/04/16/ex-post-toronto-bitcoin-expo/

A couple of boys from Alabama under the “BitStore” banner found a way to upload an iOS app without submitting it to Apple’s App Store, effectively cracking the cartel and opening the ecosystem to Android-like development. This was less interesting than the insight from one of the BitStore guys who audited the code of OmniWallet, a Mastercoin web wallet that was shamelessly pumped all weekend despite being in “pre-alpha,” and found that OmniWallet stores user info and private keys unencrypted in plain text on its servers, making OmniWallet a Flexcoin waiting to happen. [↩]

When I try to send MSAFE with omniwallet it failed with the following errors:

With Chrome:

Funds could not be sent: Server error:
 
 
 

502 Bad Gateway

 

---

nginx/1.4.7
 
 
 
 
 
 
 
 


With Internet Explorer:

Funds could not be sent: Server error:

502 Bad Gateway

---

nginx/1.4.7

With Firefox:

Funds could not be sent: Server error:

502 Bad Gateway

---

nginx/1.4.7

masterxchange.com

Where can I find info on how to convert MSC to MaidSafeCoin?

Did you look under "my addresses"? If it's not there, please send me your address (via PM).

No it doesn't.

Masterchest recognizes my MSAFE but not omniwallet.