For sure.  Buy some while the prices are still insanely low.  In 18 months after this thing is running hot - you'll be rich (sell high).  Go here: https://docs.google.com/spreadsheet/ccc?key=0ApGPLGUd5ZCzdHFxbnhHQjBDSDVKamY5UHlWdkNMNWc&usp=sharing#gid=0

I think your link is busted.

If you PM me your address, I'll send cocaine, hookers and pizza so you can really get some extra work done.

Great to have your interest!  Development is the way to go.  But keep in mind, there are at least three pretty dedicated guys chasing some core development at the moment (the DEx).  If I were you, I'd find some supporting role.  There are probably 50 important tools we need which can be bolted onto Zathras' Windows Wallet.  Tachi is the Linux guy.  Bitoy is also doing a .Net web interface system.  Bitoy's system is also ripe for add-on components which could be developed to increase the functionality of that platform. 

In any case, warm up your IDE and go for it.  There is so much work to do, you barely have time to make a coffee before starting.  Go now.

lol.  Cracks me up how many times domain name squatters think the whole key to a business is some dumb name and a bit of SEO.  Too bad building a real business involves about 5000 other things more complex than domain name registration.  It reminds me of those people who print up fancy business cards - and then do nothing else.  lol.  

By the way, is there any further word on the 'share buyback' proposal?  If it has been cancelled, I'd like to adopt one position.  If it is forthcoming, I'd like to adopt another position.  If it is still being debated, I'd like to adopt another.  Part of 'full disclosure' is mentioning the state of this proposal.  Can we have a word on this please?

While your attempt to be very frank and thorough with all persons is admirable, I am begging you to please quit arguing with this idiot.  You don't owe an explanation to everyone.  You are doing a remarkable job placing power where it belongs.  Holders of MSC are not shareholders of a corporation entitled to long explanations from the CEO.  You are not the CEO and MSC units are not shares.  The foundation has a job to do.  MSC holders do not run the foundation.  The foundation runs the foundation until a proof of stake system is defined.  bitexch thinks he has a devine vote today - he doesn't.  I am very happy you understand why Ron has to do his job without permission from bitexch.  Hey bitexch - sell the rest of your MSC if you don't like the show.  dacoinminster is kicking major ass running this thing - and he doesn't need your boring inputs.

Thanks for looking into this.  It is good to get clarification at an early date.  These unusual deviations all need to be cleared up to prevent the chaos which comes without good concordance between systems. 

Will you let me know (post here) when a decision is made?  I don't want to trouble you with inquiries as I am anxious for you to finish the DEx like everyone else.  But, I also don't want this to be dropped without finality.  Anything I need to do?  Thanks again.

The transactions are actually marked as invalid.  The header of the column maybe should read 'validity' and the color indicate green= valid and red=invalid.  


This can happen when using Armory for example as the actual sending address is chosen by the software and is not necessarily the address with the mastercoins on it - although it probably shares the same wallet with an address which does have mastercoin. 

To avoid, use Amory 'coin control' in the Expert version.  You can select which sending address is used manually.

Thanks Tachi -
I'll stand by until Zathras has a chance to look it over.  Meanwhile, keep up the great work. 

I was unable to transmit MSC because Armory wouldn't load.  I was very polite about it and offer a sincere apology indeed.  However, until both parties are able to transmit successfully to escrow - the deal is merely pending with best efforts.  It's not like I owed you a dime and didn't send it.  Shit can fall out of escrow.

Yeah, another day today where it didn't explode up with a 20% increase.  This bitcoin thing is for the birds.  I am moving on to more exciting projects.  This is dead.

I am not sure that is really your proposal Faraday. 

We all love J.R.  

Hey, wait a minute - who shot J.R.?  http://en.wikipedia.org/wiki/Who_shot_J.R.%3F

Lots of valid orders are older than 3 days.  It is nice when a crash comes to know who is willing to buy cheaply.  The part of the book which is crossed - is different.  These guys clearly aren't getting their connections with opposing parties.  These orders are therefore invalid.  I have a valid order which has been on the book a very long time.  We don't want to kill all valid orders older than 3 days - the book will disappear.

Fees, no fees, reasonable fees - who cares.  That is not important.  What is so HIGHLY important is to work together to establish efficiency in the market.  This will benefit everyone.  A book with a lot of crap offers on it doesn't help anyone.  Conversely, prefunded offers which can be accepted instantly by anyone tend to make the market most efficient.  An efficient market will greatly benefit the MSC price.  If you don't understand why this is so, I am going to have to ask you to please trust me on this.  It has to do with something they teach in B school called 'efficient market theory' (funny enough)

Even where he doesn't provide a guarantee - he must take greater care in handling large BTC.  Large transactions deserve a larger fee.  Just not over $100.  That is a lot.  I'll be signing up for escrow job if I get $100 to make one MSC transfer.

Yeah, I don't want to dis Pouncer at all. He is helping and he is making things better.  I totally agree that he is great to have.  I am just saying, Max has been unreal good at making trades zero or low friction.  Even when it comes with special requests.  That is awesome.

However, I had hoped that there would be an upper limit on fees.  I don't think the fee for any single transaction should exceed $100 or .1BTC.  Each transaction takes the same work - whether it is for 1MSC or 1000MSC.  Can't we make a flat fee?  That makes more sense.  

For the transaction I just funded, the fee would be over $400.  I think this is excessive.  You guys are awesome and I am glad for your help - but I'd like fees to be in the spirit of bitcoin rather than Visa.  

It's fine if we have a thread for the no fee people.  But that market will still have the inefficiencies we have today where you must contact 8 people to find one who will genuinely do a transaction at the advertised price. 

Prefunded offers can be accepted without contacting the seller.  This will go very far to reducing transactional friction. 

It has nothing to do with fees.  Fees or no fees, it will work great.  Fees are up to Max and Pouncer.  They have nothing at all to do with improving the system in place.  I just happen to think they are well earned.

Max - When a person asks to place an order on the book, you can create two escrow addresses.  Immediately send one to the guy wanting the offer placed.  The other is published in the table.  First guy to drop asked funds on the published address gets that which is on deposit in the coupled address.  Deal done.

You can start with my order for 200MSC@.1999.  Please send me an escrow address so I can deposit MSC now.  Then, please light up the order in the book with a green colored background to indicate a 'prefunded order' - permitting instant acceptance.

Normally, I'd be the very last guy to agree with fees.  But, you have done a remarkable, wonderfully good job making this market liquid.  You've made me money personally, and you've contributed tremendously to the valuation of Mastercoin.  

You've already earned your fees.  I am sure I and the others will be happy to pay them as we go forward from here.


On the other hand, Pouncer not nearly as much.  The guy became an escrow agent one day.  The next day - he started suggesting trading limits.  
Just last week, I ask him a special favor to process a deal with my private key.  I didn't have access to my Armory.  He simply told me to take a hike.  There were also other things I asked of Pouncer - he said: 'can't help'.  Right after I got the rejections from Pouncer, I sent Max a message.  Two minutes later Max took my private key and executed the deal.  It was very important for me to get that done.  Because of Max, $40,000 deal done in just 10 minutes.

Max is awesome X10.  Pouncer is nice and useful, but struggles to provide help without complaining.  Max has also been here since the beginning.  He set the tone and style of the market.  I wish Max would get a far greater percentage of the fees.  Either way, I'll be paying whatever it is because the fees are well earned.  

You both have done a great job to make a very fun and worthy market.  You should be pleased with the result.  I know nearly every trader is pleased and profitable.

Let's set up the new system - with fees.  The DEx is a long way out (it is pretty complex).  I am glad you like the idea of funded offers with green highlights in the order book.  This will really facilitate transactions as they are instantly executed upon sending the asked/bid price.  I think this will be pretty cool.


+++
Free liquid markets help all participants.  Thanks to Max and Pouncer - and thanks to their continued efforts.  I for one am happy to pay fees.