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Topic: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread - page 71. (Read 165286 times)

hero member
Activity: 647
Merit: 510
Counterpartying
I think Mastercoin's price will fall back down after Maidsafe finishes its fund raiser.  Well..... unless Mastercoin can get some more partners.  The way I see it, Mastercoin has a good month of being able to be used as a fundraiser standby token for Safecoin and then goes back to waiting around.  I know that it theoretically can be used for 1000 things, but so can the pencil on my desktop.  Mostly that pencil sits there and hardly does anything.  Anyway.... I am happy, I always believed it could be possible that Mastercoin would come through, so I bought some Mastercoin sometime back and so now its up!!!  I didn't buy any counterparty.  I'll admit, the counterparty platform looks smooth and clean and I really like it, but Mastercoin has first mover advantage and much more money invested in it by people with strong alliances.  Sometimes it isn't what you know or what you can do, but who you know.  That is just the reality of being a ground breaker first mover verses a copycat that managed to be a little better.  For counterparty to make it, it needs to be more than a little better, smoother, and cleaner, it needs to be A LOT better.
Now that Robby has shown everyone what he can do, he ought to beg Mastercoin for merge talks.  XCP isn't going to make it on its own.  Whatever is good and useful in that project could be ported over to Mastercoin and Robby can now contribute in a normal fashion along with other developers.  Of course, this isn't going to happen.

Robby wants to be the boss and tell everyone what to do.  Robby insists on a centralization scheme where he is the head. This is why counterparty exists - and this is why counterparty will die.  

Having worked closely with Robby over the last few months I can assure you that this is not the case.
legendary
Activity: 1106
Merit: 1026
Looks like masterxchange is preparing for MaidSafe coin trading, too:

https://www.masterxchange.com/market.php?currency=maid
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
hero member
Activity: 714
Merit: 502
What's going on with the order book on https://www.masterxchange.com/market.php?

40 Bitcoins and the entire sell book just vanished!
It is because you are a moron and the automated trading system doesn't permit trades by morons.

You could try this: https://masterxchange.com/market.php?currency=msc

By tomorrow, the price will be exactly .2.  Otherwise, all MaidSafe buyers could realize a 'discount' by first purchasing 'cheap' (<.20) MSC and then buying MaidSafeCoins rather than using BTC to buy direct.  This assures a profit on all MSC that you buy today at .16 (or anything less than .20)  So go buy up!!!  

I expect the price to hold at precisely .2 during the entire sale (30 days).  This assumes the foundation lent plenty of MSC to MaidSafe.  If they didn't lend them enough, then the price will raise above .2





Well done brains I realized that 6 seconds after David made the post saying he was changing the price to .2 allowing me to buy up everything from about .8 to .14, Bizarely about 15 hours before any of the brain dead goons on this forum or in his company even noticed.... I probably had to make a public announcement to start the rally! You'll also have noticed (actually probably not because you've got the brains of a complete cunt) before that I'd started buying small amounts at .06 when they announced the price was being shifted along to .008..........

I don't understand, how is this helping you by posting all your trades? Whats up with calling everyone goons?
Why not just make your own thread? This hardly seems very relevant to core mastercoin talk. And in terms of pumping, making your own thread would work to fill the alt-coin section with more mastercoin, which is also a good thing. But this?

No it may help, can't say why.

Edit this is a self moderated topic that post can be deleted.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
What's going on with the order book on https://www.masterxchange.com/market.php?

40 Bitcoins and the entire sell book just vanished!
It is because you are a moron and the automated trading system doesn't permit trades by morons.

You could try this: https://masterxchange.com/market.php?currency=msc

By tomorrow, the price will be exactly .2.  Otherwise, all MaidSafe buyers could realize a 'discount' by first purchasing 'cheap' (<.20) MSC and then buying MaidSafeCoins rather than using BTC to buy direct.  This assures a profit on all MSC that you buy today at .16 (or anything less than .20)  So go buy up!!! 

I expect the price to hold at precisely .2 during the entire sale (30 days).  This assumes the foundation lent plenty of MSC to MaidSafe.  If they didn't lend them enough, then the price will raise above .2





Well done brains I realized that 6 seconds after David made the post saying he was changing the price to .2 allowing me to buy up everything from about .8 to .14, Bizarely about 15 hours before any of the brain dead goons on this forum or in his company even noticed.... I probably had to make a public announcement to start the rally! You'll also have noticed (actually probably not because you've got the brains of a complete cunt) before that I'd started buying small amounts at .06 when they announced the price was being shifted along to .008..........

I don't understand, how is this helping you by posting all your trades? Whats up with calling everyone goons?
Why not just make your own thread? This hardly seems very relevant to core mastercoin talk. And in terms of pumping, making your own thread would work to fill the alt-coin section with more mastercoin, which is also a good thing. But this?
hero member
Activity: 714
Merit: 502
What's going on with the order book on https://www.masterxchange.com/market.php?

40 Bitcoins and the entire sell book just vanished!
It is because you are a moron and the automated trading system doesn't permit trades by morons.

You could try this: https://masterxchange.com/market.php?currency=msc

By tomorrow, the price will be exactly .2.  Otherwise, all MaidSafe buyers could realize a 'discount' by first purchasing 'cheap' (<.20) MSC and then buying MaidSafeCoins rather than using BTC to buy direct.  This assures a profit on all MSC that you buy today at .16 (or anything less than .20)  So go buy up!!!  

I expect the price to hold at precisely .2 during the entire sale (30 days).  This assumes the foundation lent plenty of MSC to MaidSafe.  If they didn't lend them enough, then the price will raise above .2





Well done brains I realized that 6 seconds after David made the post saying he was changing the price to .2 allowing me to buy up everything from about .8 to .14, Bizarely about 15 hours before any of the brain dead goons on this forum or in his company even noticed.... I probably had to make a public announcement to start the rally! You'll also have noticed (actually probably not because you've got the brains of a complete cunt) before that I'd started buying small amounts at .06 when they announced the price was being shifted along to .008.

If you look at my post history you'll notice I've pumped the idea of maidsafe (you'll say duh why u do dat it makes da price go up more expensive duh!)

And were I've created fear and despair (over ironic a sound and logical argument) and you're sayin duh! why u sell for duh!

You have to assume that on the internet every anonymous entity is acting in their own self interest, have a look on any troll box. To da moon means i'm fucking selling.

Buy msc   6.8 msc   0.13999 btc   0.95193200 btc   19 Apr 22:24:20   0.0612 msc   0.03520145 btc   579.70460599 msc
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legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
Figuring out how to make all the mastercoin tools work right is a bit of a learning curve, but I'm appreciative for this price bump that is raising interest in MSC. :-)
hero member
Activity: 714
Merit: 502
What's going on with the order book on https://www.masterxchange.com/market.php?

40 Bitcoins and the entire sell book just vanished!
legendary
Activity: 1106
Merit: 1026
Counterparty was the first DEX and, as you said, is better.

FYI this is not the whole truth. DEX trading with test tokens is live for many months now but only since March the real trading was enabled to consolidate the spec and everything. You guys are probably too new to know but XCP is actually a MSC fork and not the other way around. This does of course not mean XCP is bad or anything and I highly respect the work that was done! Smiley

I'm very excited to see where all this leads to. MaidSafe is an awesome start for the Mastercoin smart property feature and much more is in the pipeline! Wink
hero member
Activity: 689
Merit: 507
I think Mastercoin's price will fall back down after Maidsafe finishes its fund raiser.  Well..... unless Mastercoin can get some more partners.  The way I see it, Mastercoin has a good month of being able to be used as a fundraiser standby token for Safecoin and then goes back to waiting around.  I know that it theoretically can be used for 1000 things, but so can the pencil on my desktop.  Mostly that pencil sits there and hardly does anything.  Anyway.... I am happy, I always believed it could be possible that Mastercoin would come through, so I bought some Mastercoin sometime back and so now its up!!!  I didn't buy any counterparty.  I'll admit, the counterparty platform looks smooth and clean and I really like it, but Mastercoin has first mover advantage and much more money invested in it by people with strong alliances.  Sometimes it isn't what you know or what you can do, but who you know.  That is just the reality of being a ground breaker first mover verses a copycat that managed to be a little better.  For counterparty to make it, it needs to be more than a little better, smoother, and cleaner, it needs to be A LOT better.

Counterparty was the first DEX and, as you said, is better.

Technologically speaking, I don't see any reason to keep using Mastercoin Protocol instead of XCP. Anyway, Counterparty are not the best to recruit IPO candidates and have no marketing actions, so Maidsafe probably did not even know XCP.

Mastercoin Foundation have made a great work to persude Maidsafe to exclusively use their protocol. Maidsafe is a very interesting project.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I think Mastercoin's price will fall back down after Maidsafe finishes its fund raiser.  Well..... unless Mastercoin can get some more partners.  The way I see it, Mastercoin has a good month of being able to be used as a fundraiser standby token for Safecoin and then goes back to waiting around.  I know that it theoretically can be used for 1000 things, but so can the pencil on my desktop.  Mostly that pencil sits there and hardly does anything.  Anyway.... I am happy, I always believed it could be possible that Mastercoin would come through, so I bought some Mastercoin sometime back and so now its up!!!  I didn't buy any counterparty.  I'll admit, the counterparty platform looks smooth and clean and I really like it, but Mastercoin has first mover advantage and much more money invested in it by people with strong alliances.  Sometimes it isn't what you know or what you can do, but who you know.  That is just the reality of being a ground breaker first mover verses a copycat that managed to be a little better.  For counterparty to make it, it needs to be more than a little better, smoother, and cleaner, it needs to be A LOT better.
hero member
Activity: 714
Merit: 502

Dumped all my mastercoin from reading dev posts looks like Davids been conned into paying $10m usd asset issuance by mastercoin foundation scum!(equiv $1 on counterparty hahaha) because he's unbelievably retarded. Shame would have loved to invest clever guy and great project.

Well, you get what you pay for...

Mastercoin = $10 million
CounterParty = $1

David understands the funding mechanism and is happy with the arrangement.  You act as if he were tricked by these "mastercoin foundation scum!"

What a dimwit.  Go buy some XCP to make you feel better. 

Wow good advice coming from you  Grin
hero member
Activity: 882
Merit: 1000
Dumped all my mastercoin from reading dev posts looks like Davids been conned into paying $10m usd asset issuance by mastercoin foundation scum!(equiv $1 on counterparty hahaha) because he's unbelievably retarded. Shame would have loved to invest clever guy and great project.


LOL

OMG the sky is falling!!!!

https://en.wikipedia.org/wiki/Buyer%27s_remorse

Thank you for your 'concern' for all of our investments. 

My question to you. Is it a good investment practice to buy in late to the party, freak out and sell all, while trashing the project dev and justifying it by quoting the walmart discount bargain price of the spin off?

I remember only wanting the real GI joe figures not the rip offs, the real transformers not the go bots, grape kool aid not grape drink. I think you get my point. I'm sure David was aware of counterp, he chose msc, don't be sore.
legendary
Activity: 1106
Merit: 1026
FYI: mastercoin-faucet.com visitors tripled over the last days and it looks like there are a lot of new users... Grin
hero member
Activity: 714
Merit: 502
They don't sell the MSC. It appears that the MSC will return to the MSC guys when the fundraising is over and the BTC sent will be keep by the MaidSafe Foundation.

at the current price over half of all mastercoins in existence are required to make this exchange possible or so it seems Davids been led to believe by the Mastercoin foundation poor bloke.

Sorry about your point:

he states he's been lent millions of dollars of mastercoin, (I've always been told somethings worth what you can sell it for so I would say about $60k's worth at the time), He's seling these then..... WTF??? the whole arrangement doesn't make sense unless he's planning on shorting them or how would he hand back the loaned mastercoins?

Maybe that's the reason to inflate the price, to shit on everyone and short sell I suppose?

legendary
Activity: 861
Merit: 1010
They don't sell the MSC. It appears that the MSC will return to the MSC guys when the fundraising is over and the BTC sent will be keep by the MaidSafe Foundation.
hero member
Activity: 714
Merit: 502
Davids Maid safe fundraiser options

Source:

https://groups.google.com/forum/#!topic/maidsafe-development/j8QBYnXOYUI
How many mastercoins are required to release the total amount of Msafe?

total issue of MSAFE == 429,496,729
MSAFE per MSC == 3400

MSC required == 429,496,729 / 3400 == 126322 (not counting the bonus, which makes it a little less, but harder to explain)

^^^^That's 20% of all the Mastercoin in existence they're telling him he's got to sell to issue an asset, If he hadn't moved the price from 0.06 the above would be 429,496,729 / 1020 = 421071 or 68% of all mastercoins in existence required to complete his fundraiser!!

Summary

Sell all loaned mastercoins lent by foundation - replace with tokens which represent no added value
total payment to 3rd party nothing to do with project $10000000
0% of Bitcoin raised for pool
A few americans drinking champagne

--------------------------------------------------------------------------------------------------------------------------------

I might be high but not as high as these high roller joker!! Why do you think there's no official thread or anyone to probe questions too?

To the people I haven't bothered to reply to on this thread, sorry but if you want to be treated as normal human beings you shouldn't post such fucking retarded youtube videos.

By comparison with XCP, $1 asset issuance,

Summary

Create Bitcoin burn address - Distribute assets accordingly
total payment to 3rd party nothing to do with project $1
100% of Bitcoin raised for pool
legendary
Activity: 861
Merit: 1010
Just can't understand why people are putting up sell orders around 0.11-0.15 at this point.
Yeah that's weird. I see no reason why MSC won't be at 0.20 when the fundraising will start.

Either I am retarded and there is something I don't understand, or other people are retarded. I cannot decided yet.
hero member
Activity: 644
Merit: 500
I think the price is set to 3400/0.2 because someone wants to unload lots of mastercoins

no

Just can't understand why people are putting up sell orders around 0.11-0.15 at this point.

Would be cool if the omniwallet would be hosted on Safecoin
hero member
Activity: 714
Merit: 502
Dumped all my mastercoin from reading dev posts looks like Davids been conned into paying $10m usd asset issuance by mastercoin foundation(equiv $1 on counterparty)
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