That would be true if they were direct competitors like Litecoin.  They are not.  They work together.  However, Mastercoin will carry far more functionality than bitcoin.  Mastercoin will finally far exceed bitcoin in value.  Although bitcoin will always operate as the 'currency' portion of the system.  Mastercoin will serve other parts = many other parts.


'overall market cap' could be compared if these two served the same purpose.  They don't.  Mastercoin will perform a different function than bitcoin.  It won't replace it as a currency.  If it were a currency replacement (as Litecoin is) then this comparison might be interesting.  Mastercoin operates to enhance bitcoin - not replace it.  Litecoin attempts to replace it with some added differentiating features (not very interesting).  Mastercoin is not an altcoin.

Mastercoin is not an altcoin.   Mastercoin is not an altcoin.  Mastercoin is not an altcoin.
Say it a few times if it makes you more comfortable.

True fact.

You are certainly perplexed.

this is the reason you are perplexed.  

Mastercoin IS bitcoin - but on steroids.  It is not an alternative coin.  

No.  That implies that Mastercoin should 'replace' bitcoin.  Mastercoin does not.  Mastercoin simply operates in conjunction with bitcion.  It doesn't replace or 'better' bitcoin at all.  Bitcoin stands alone.  Mastercoin helps it be better.

Probably not.  MSC will be a better more versatile vehicle than bitcoin which is merely a currency with an impenetrable ledger.  Mastercoin is many things - with the same impenetrable ledger.  Many things includes: securities; bets; contracts; smart properties; and a bunch of stuff we haven't fully put forth yet.

I don't think it is 'more complex' - but it is much more interesting, powerful and versatile.  Probably a many other things too.

For these reasons, among others, look for MSC to be greater than BTC in value in about 3 months.

These are the same people who believe they can win the lottery - 35 times in a row.

Good buying opportunity.  I like it.

Doubled in 7 days.  Will it be $2000 next week?

F-ing Germans.  Nobody has time to set-up a fully legal operation - bitcoin is moving too fast to worry about details.

Huge crash coming soon!  Sell!!

His post was late.  See my earlier post. 

Wow!  Already at $1000!!!  This is crazy.  I expected it to occur at the end of December at the very earliest.  Good to have bought at $70!

Three months ago, this was a real concern.  JR couldn't quit his job for security.  Now, his resume is very much improved with the advent of Mastercoin.  His next job is going to be real easy to find. 

How's that PR campaign going anyway?  Did we see any measurable results for our $6000/wk?  Or did that money just disappear?

No buyers.  No sellers.  Slow day today.

J.R. - I don't think you have a good read on these people.  They are all going to be fairly compensated.  Their compensation comes in producing fine results on a very interesting project.  Probably very few people are in this for the money. 

Don't spend another second being 'so sad that...' - your efforts to keep the project healthy and going down a good path are all they need as compensation to work hard.  Your organization of the project assures their efforts are not wasted.  It is a perfect synergy.  Forget about $$$, BTC, or MSC.  Building something cool is far more rewarding than having a pocket full of money.
However, hot chicks tend not to agree with that I suspect.

Chill!  This is VERY explainable.  Some of these guys really know a ton about bitcoin and how it works.  They are all very seriously pissed that Mastercoin - albeit not perfectly elegant - is a damn cool idea that they didn't think about.  Further, and this is the very hard part - now Mastercoin is very well funded.  These guys think they are far above Mastercoin technically and they are furious that they didn't find a way to raise $500,000 to advance their concepts.  Rather than help Mastercoin, they are going to beat it down from every angle - and try to take money away while Mastercoin grows.  Open source projects get F'd everytime by ego. 
Press on.  You don't need them.  You'll find your way clear of these minor obstacles and very soon will be far passed all their pussy fussing.  You don't need their inputs.  Their inputs are corrupt. 


Jealousy often means you've got something good going on.

$450 to a dick?  We need to save the funds better than this.  I hope his contribution was valuable.  Just because the projects wallet is fat, doesn't mean you have to throw the money around unnecessarily.

Did you know that people consume about 20% more shampoo when their shampoo bottle is full?  No need sending BTC to dicks unless their help was a good improvement for the project.

'
WHAT - A - DICK. 

The guy was being nice and saying 'hello in a friendly way'.  Why is there so much anger in the bitcoin upper echelon?  Did someone steal all your coins?

...You send 1BTC to your grandmother - I am disinterested and it consumes blockchain resources - and I oppose you sending this kind of transaction.  

Look, J.R. is breaking his back trying to find a way to very lightly consume these resources and to be a good 'blockchain citizen'.  There is no point trying to bust his balls about the project.  

Your anger reeks of jealousy because you have raised any money to support any of your ideas.  J.R. is being very respectful and polite and trying to find the best way possible to keep bitcoin strong and healthy.  Then, you angry dicks come around cursing him down for his good efforts.  WTF?  

Contribute or go home pussy.

Wow!!! This is excellent.  What a way to launch a project.  People are just jumping in before the contest is even official.  Hope we find some great coders.

Very cool.

First this person posts in the third person:

Then posts again in the first person:

The dishonest 'recommendation' of herself is certainly enough to consider her character unqualified for the board.