It is worth noting (even though I have been in and out of BTC lately):

At some point in the next year or a bit later, maybe even in a few months, you are going to see one of Spain, Portugal, Italy, etc. go under (Banking system or a large part there of).
When that happens (or as we approach it and it is obvious to some), you are going to see the BTC price explode. Absolutely explode. Your reaction will be like swimming in the ocean and
seeing a 21ft Great White Shark nearby, but just far enough away for you to maybe make it. It will shock you and you will remember it forever. It will be a bubble though and it will correct, unless we have a wider systematic collapse. But, it will not correct fully down as many of the 12 million or so coins out there will be in strong hands. It will probably be an extrapolation of what we have already seen.

So, we are all playing a game. Yeah, we don't want to get caught in BTC if it corrects again hard down. But we all know the times we are living in. If we were living in
times of solid banking and not as corrupt governments, BTC would depend solely on it's low transactions fees, perhaps the darknet, etc. But we are living in times where Central banks (ECB) take 47.5% of
your money in a bail-in and other countries are seeing that as a model.

Good luck to you all, but lets not simplify things. It can go any way at any time. Be careful and don't lose sight of that and don't lose sight of what BTC represents.

Enjoy the ride and don't forget that when the shit does hit the fan,
It's about sharing

Well, I didn't expect that one.

I have a feeling that tonight the buy wall at 101$ will get tested (the 103.15$ wall will be eaten).
Lets hope it holds, if not we'll have a panic sale tomorrow morning, instead of the usual small whale buy.

nope.

simply because this silly simplified graph has proven itself to be wrong over and over again. at best, we are at the stage of takeoff or even before. and the rest is undecided.

All very valid concerns. I think this idea is worth a (well executed) shot. Let's address *every* possible technical issue to a logical end in your theory this month before you undertake writing the source

I think I would prefer if these coins are destroyed via making 1exodus a blackhole by destroying every copy of the key, and for a separate fund to be created to support development, or vice versa. You can even send the coins back to the sending address if it turns out there's a flaw, and start over. Anyways, would this be more fair? why or why not. because if you spend bitcoins from 1exodus, the coins will get recirculated into the bitcoin ecosystem. i don't think this is good for establishing the value of MSC. Consider the fact that we have not had the luxury of two years' obsession poring over these ideas when answering our questions and concerns. The important thing is that we discuss these things through to a logical end.

But, all in all, this idea is too good to just let it not happen. We must make it happen.

We do appear to be at the 'return to normal' stage - however this is Bitcoin.

I have some Bitcoin but still have plenty of USD on hand to buy more should the price start to move in either direction.

Isn't putting people down typical of people who are not intelligent?

fuck it.

Not only has the gap between MtGox and Bitstamp increased to about $10 again, but the order book is starting to look like a mirror image.

MtGox:



Bitstamp:



It appears that Bitstamp is far more bearish than MtGox. This is surely a reflection on people trying to buy BTC to get out of MtGox?

I suspect Bitstamp is leading the market now too, which makes me wonder whether the 95 support level is about to give way.

Once you understand the risks, and have properly consolidated your coins in a single address in a PC wallet, you can purchase MasterCoins by sending your bitcoins to the Exodus Address, which is: 1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P

Also, I'd be grateful if a few people could quote the Exodus Address on this thread, as that will make it less likely that someone will try to hack my account and change the address.

I'll be working in a sketch then I'll put it here as soon as it is finished!

He controls this address. All funds go directly to him. That's seriously the only way to "make" mastercoin.

Don't take it from me, read his proposal. That's seriously what he says. His reasoning? Because he deserves it. And he's said he wants 1 million dollars in Bitcoins before he actually quits his job to make the program. Who could fall for this scam?

He's going to delete this post soon because he has deleted 30+ posts from this whole thread already.

These delayed MasterCoins will ensure that we have plenty of motivation to increase the value of MasterCoins by completing the features desired by users. The reward will be structured so that we receive 50% of the reward by one year after the initial sale, 75% by a year later, 87.5% by a year later, and so on.