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441  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: December 27, 2013, 10:43:32 PM
"Until January the 5th, we charge a 0.3% fee upon trades, down from our regular 0.9% fee upon trades"
will you reconsider this?

i personaly think 0.9% is high.

It is high, better buy with the 0.3 fee before they change it.
The volume is better now, if they change it to 0.9 they ruin the volume and the exchange.
442  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: December 27, 2013, 10:42:33 PM
It seems the following order in Mcoin is not open anymore:

0.1925   60   11.5500   2013-12-17 23:06:12   SyRenity

443  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: December 26, 2013, 06:52:40 PM
this thing is fog.

What do you mean. Read the FAQ in my signature.
444  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: December 26, 2013, 03:54:48 PM
you cant really use fictional market cap when you have all these instamined scamcoin ponzi schemes with "developer" and his friends/family at the top of scam pyramid granting themselves most of the coins for free (with no mining competition over years involved. talk about monopoly "money"), then "buy-in" layer where certain % of coins is sold to whoever pays most.
then they inflate value by selling scamcoins on private "exchange" to each other, to inflate volume and set any value they want. after all they control the supply and not crypto math algorithm mining like bitcoin.
bottom layer is all those suckers buying scamcoins because they see them listed on market cap site and thinking it must be valuable.

This is exactly what's wrong. There's plenty of naive and gullible newbs who just check coinmarketcap and buy when they see something rise, and they end up buying nothing more than an inflated piece of crap. It really makes a mockery of cryptos.

And speaking of this, I find it very interesting that within a day or two of Mastercoin being on the charts, Nxt's "market cap" has now risen dramatically and is now within 1MM of Mastercoin.

The recent rises in price, and the fact that Nxt trades on a single private exchange (from what I understand of it) smells funny. A cartel of a few large holders trading between themselves (or a single holder with multiple addresses -- remember the max contribution was 1 BTC per address -- someone could easily own 10-15 addresses) could easily engineer a rapid increase like this, and Nxt has a very large incentive to stay ahead of Mastercoin, making it be "the largest/highest valued crypto" of it's kind -- e.g. next-gen distributed application platforms.

Nothing inherently against Nxt, but let's get it on a few exchanges and see. I'm also not saying it's a scamcoin, but I think it's in a market situation now where it's very open for manipulation by large players. Mastercoin has somewhat of this same problem, but it is already traded numerous places (however, I believe the price data is only coming from masterxchange at this time). And, if we start seeing the same kind of massive and rapid price increases for Mastercoin on little to no news, with indicators of potential manipulation similar to what was posted earlier in this thread and on other threads, I'll start saying the same thing about it.

Well said! +1
445  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 26, 2013, 02:56:03 PM
Mastercoin devs scrambling to crash dgex ...

No reason for them to do that.
446  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 26, 2013, 02:54:17 PM
NXT almost overtaking master coin very cool!! If anyone would like to buy my NXT please PM me, selling them asap

Possible happens, not sure what happens when MSC will use milli-mastercoins. The problem for mastercoin is the BTC per Mastercoin.
Another problem is that 80% of the new NXT adopters and MSC adopters dont even know what NXT or MSC is.
447  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] DGEX.com multicurrency exchange BTC <-> NXT no trading fees on: December 26, 2013, 02:25:53 PM
It seems that the site is down ( i thought it was related my internet connection etc. )

I think there was too much traffic on it ( according to increase the volue ). Is there any info that when will be back again?


Thanks


Edit : For a while it shows the last trading currency is same.

They are under a DDOS attack.

Thank you for the quick response. But... Should i start to scare or wait for a while? 
I have a few BTC in there  Sad

Can't tell you. Never, never keep BTC in any exchange.
448  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: December 26, 2013, 02:22:43 PM
change my order to 10 at .175. Many thanks

You can add your own order at http://mcoin.io/#/ if you would like to. Website owned by Maxmint.
449  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] DGEX.com multicurrency exchange BTC <-> NXT no trading fees on: December 26, 2013, 02:14:01 PM
It seems that the site is down ( i thought it was related my internet connection etc. )

I think there was too much traffic on it ( according to increase the volue ). Is there any info that when will be back again?


Thanks


Edit : For a while it shows the last trading currency is same.

They are under a DDOS attack.
450  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Trading Thread for Nxt :: Descendant of Bitcoin on: December 26, 2013, 02:11:07 PM
I sell some Nxt @ 10% below the dgex ask price.
Seems Nxt is going to drop, hard to get rid of coins.
451  Local / Alt Coins (Nederlands) / Das Kapital: Dogecoin, diefstal. on: December 26, 2013, 01:43:06 PM
Artikel
http://daskapital.nl/2013/12/such_theft_many_wow_grootste_d.html
452  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Nxt :: descendant of Bitcoin - Updated Information on: December 26, 2013, 01:28:25 PM
Open source = Trust.
You need trust to make this project a success because money is involved.
453  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: December 26, 2013, 01:19:24 PM
Could someone explain how Mastercoin prevents double spending?

Killerstorm's reply is absolutely correct.

I also wrote a longer paper talking about why mining doesn't need to be verification as well: Disentangling Crypto-Coin Mining: Timestamping, Proof-of-Publication, and Validation

Very interesting read. Thanks for that.
Yes. +1, subscribed, liked, friended, etc.

It sounds like MSC could do what I think Nxt could do, except that it builds off BTC instead of replacing it. I like it.

NXT is a completely different system then Mastercoin. NXT isnt that special, it is using there own transaction system when we already have Bitcoin which does exactly the same.
Mastercoin allows users to have more features with the use of Bitcoin.
454  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: December 25, 2013, 08:38:31 PM


Hello,

After speaking with MSC developers, I am going to post it here. I am currently working on an exchange website, just as localbitcoins.com but for a specific alt-coin.
Everything started as a project for the QRK community but I have finally decided to launch it for 2-3 alt-coins. You can check on the QRK or DOGE official posts it has had great support.

I have thought about making a specific website where everyone could buy and sell MSC directly with USD/EUR. That would make this coin much more accessible for everyone. I have the coding part for QRK and other alt-coins but MSC needs more work as it's a layer on top of Bitcoin and it doesn't work the same. Website will be translated in english, spanish and french and by the weekend I will have a .po file to help translate it in more languages. In a couple of days I should receive the design from the graphic designer I hired for the project.

I you want to support this initiative, I accept any kind of donations. No matter how much you send, it will help cover expenses and give me some motivation.

My address for MSC or BTC is: 1EcPG7m4Rn4Md7auVNRtzrrqHfCD5ATd18

Here is a screenshot of what I have until now (the localbitcoins clone for QRK):



The idea is to code it to work with MSC too!

Thank you in advance!


I dont think anyone should donate before you launched it and its fully working. There is nothing to donate for.

Donations are always optional. In my opinion it makes more sense giving donations to developers who try to help the community than opening 30.000 threads with giveaways for first xx posters on the thread.
Thanks for your opinion.
Thats true but you haven't done anything yet for Mastercoin.
Anyways good luck with the exchange.
455  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin: New Protocol Layer Starting From “The Exodus Address” on: December 25, 2013, 07:29:49 PM


Hello,

After speaking with MSC developers, I am going to post it here. I am currently working on an exchange website, just as localbitcoins.com but for a specific alt-coin.
Everything started as a project for the QRK community but I have finally decided to launch it for 2-3 alt-coins. You can check on the QRK or DOGE official posts it has had great support.

I have thought about making a specific website where everyone could buy and sell MSC directly with USD/EUR. That would make this coin much more accessible for everyone. I have the coding part for QRK and other alt-coins but MSC needs more work as it's a layer on top of Bitcoin and it doesn't work the same. Website will be translated in english, spanish and french and by the weekend I will have a .po file to help translate it in more languages. In a couple of days I should receive the design from the graphic designer I hired for the project.

I you want to support this initiative, I accept any kind of donations. No matter how much you send, it will help cover expenses and give me some motivation.

My address for MSC or BTC is: 1EcPG7m4Rn4Md7auVNRtzrrqHfCD5ATd18

Here is a screenshot of what I have until now (the localbitcoins clone for QRK):



The idea is to code it to work with MSC too!

Thank you in advance!


I dont think anyone should donate before you launched it and its fully working. There is nothing to donate for.
456  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: December 25, 2013, 02:30:52 PM
How did Master Coin get such a sudden, large market cap?  Did some billionaire suddenly decide to buy like a hundred million dollars worth of them?

Again, you were able to invest in Mastercoin some months before with sending Bitcoins. In exchange for the Bitcoins you received Mastercoins. (Every 1 Bitcoin was 100 MSC in return)
People are trading them all the time, went op quickly and now they are worth 0.25-0.30 BTC per MSC. Thats the reason for the "Large market cap" which isnt large yet.
457  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin [MST] Give away!!! on: December 25, 2013, 01:03:05 PM
MST shot up in price earlier due to poor noobs thinking it's the same as MSC Mastercoin
Lol. Exactly
458  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! on: December 25, 2013, 11:43:42 AM
Please remove NXT and Mastercoin, 100% premined coins should be categorized differently.

Mastercoin is completely different from NXT. Read the Mastercoin spec and come back.
Also it was never mined.
459  Alternate cryptocurrencies / Altcoin Discussion / Re: MasterCoin [MST] Give away!!! on: December 25, 2013, 11:41:56 AM
These are MST, not the #3 market cap. MSC is the real Mastercoin.
460  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MasterCoin Buyer/Seller Thread on: December 25, 2013, 02:42:28 AM
Its quite confusing actually... Whats the difference between :

http://www.mastercoin.org/

And

http://www.mastercoin.it/

Mastercoin.org is the official website
Mastercoin.it is a website with charts from the Google orderbook.
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