MasterCoin Buyer/Seller Thread

[lishbtc]

Hey all,

Firstly thanks again to Olimpiata for an easy trade.

I'm going to place another sell offer, this time at 1000 MSC for 40 BTC.

Same terms as before - a single trade that would be conducted publicly with verification from the community.

[StarenseN]

And TomHirsch, you may have great expectations for the future of mastercoins but it seems that you would just like to get the price as high as you can as fast as possible to turn a nice profit.

Don't listen to TomHirsh. He's just a (greedy) jerk.

I don't know why but ignore button works fine on him.

[buymastercoin]

What exactly is "In stock" supposed to mean? You're a collaborative of people who invested when the exodus was open to funding, so how can you have or not have "stock" at any given prices? Just say what you are willing to accept for the sale of them instead of making it sound like a supermarket. Yes, you expect more than is being offered and have tiered your pricing to drive the price up through restrictive quantities. Don't beat around the bush.

This is our very preliminary sell order book. We have started to accept sell orders from trusted third parties in addition to some of our internal members offering to sell a portion of their own MSC. I also find it unfortunate there is such a huge spread currently, as this is the natural outcome of a highly speculative crowd funded investment. We hope to help bridge this gap in the near future.

[pheaonix]

Currently in stock:

50 MSC @ .029 BTC/MSC
550 MSC @ .0362 BTC/MSC
200 MSC @ .041 BTC/MSC
310 MSC @ .048 BTC/MSC
700 MSC @ .05 BTC/MSC
2800 MSC @ .09 BTC/MSC

Contact us on http://www.buymastercoin.com to secure your order.

First off shouldn'y price decrease as volume increase 'normally'? Secondly have you got any credentials to back that you are a legitimate with your motives as a mastercoin exchange as appose to claiming yourselves as 'We are a group of bitcoiners who invested heavily into Mastercoin and hold a very large stock.' THats not good enough to gain trust. Infact immediately their is a massive caution sign in my head at the thought of buying from you, and i believe as  a speculator that your over pricing mastercoin at this moment of time

his account is five days old and he has 5 posts and zero trades. surely that is enough for doing business, especially in a brand new market where the buying and selling tools are finely tuned and safe as possible.

[bitwhizz]

i know, i would never purchase from him,  but the website looks  good, so this can be very deceiving for some people, therefore i felt it was worth announcing my concerns on this thread, i am still looking to buy mastercoins

EDIT- statement retracted, succesful purchase of 50 mastercoins from Buymastercoin

[buymastercoin]

We are open to, and in fact prefer to use the forum for escrow to alleviate any concerns. It is completely reasonable that people should be cautious doing business with us. Please feel free to contact us if you have any questions.

[bitwhizz]

alright i'll buy 50 master coins off you (as a test),

 Maxmint would you  escrow please?

[maxmint]

alright i'll buy 50 master coins off you (as a test),

 Maxmint would you  escrow please?

Yes, no problem. Would you like to do an open trade here on the thread? Or shall we continue via PM?

[bitwhizz]

On here is good, thanks maxmint,
I'm just waiting for buymastercoin to confirm. 50 master coins for 1.45 bitcoin,
Also waiting for my wallet to sync, and i'm ready to go

[maxmint]

On here is good, thanks maxmint,
I'm just waiting for buymastercoin to confirm. 50 master coins for 1.45 bitcoin,
Also waiting for my wallet to sync, and i'm ready to go

Alright, then let's go ahead:
 - buymastercoin, please tell us your sending address so we can check your Mastercoin balance. Also let me know your receiving BTC address.
 - bitwhizz: please tell us your receiving address (where the Mastercoins should be transferred).

[bitwhizz]

My receiving adress is :

1EYe3HxCA9txmN9pfEADctC7v69wi3TbMC

Thanks

[buymastercoin]

The 50 MSC @ .029 was sold yesterday, I had updated the post, though the google docs order book has not been updated yet.

[maxmint]

The 50 MSC @ .029 was sold yesterday, I had updated the post, though the google docs order book has not been updated yet.

Thanks for the notice, just updated the order book.

[hmmmstrange]

The 50 MSC @ .029 was sold yesterday, I had updated the post, though the google docs order book has not been updated yet.

I was thinking of purchasing some from you to support the price. Can you post the 50 MSC transaction so I know you are legit?

edit: Or if the other party of the transaction could confirm it that would work too.

[Rampion]

It would be cool to have a link to the google docs order book in the OP.

[dacoinminster]

It would be cool to have a link to the google docs order book in the OP.

Done!

Thanks maxmint for your work on this, and for helping people out with escrow!

[buymastercoin]

I am not at liberty to release details regarding that transaction, but maxmint, if you'd like I will sell you 50 MSC @ .029 as a show of good faith and to alleviate any concerns.

If you are interested let me know, though I'll need a little time to get our technical guru to help with the mastercoin transaction.

[maxmint]

I am not at liberty to release details regarding that transaction, but maxmint, if you'd like I will sell you 50 MSC @ .029 as a show of good faith and to alleviate any concerns.

If you are interested let me know, though I'll need a little time to get our technical guru to help with the mastercoin transaction.

Thanks for the offer, but I 'd prefer you sell 50 @0.029 to bitwhizz as he requested here.
bitwhizz asked me to escrow this in public, I guess this would help build your reputation here.

[buymastercoin]

I meant to offer it to the original buyer, I got confused between you and bitwhizz.

[maxmint]

I meant to offer it to the original buyer, I got confused between you and bitwhizz.

Very well then. bitwhizz already posted his destination address. Would you post your Mastercoin source address here so we can check if you have balance?
Edit: bitwhizz asked to do this in public.