Bitcoin Forum
December 14, 2017, 01:19:23 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 [121] 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 »
  Print  
Author Topic: MasterCoin Buyer/Seller Thread  (Read 225269 times)
klee
Legendary
*
Offline Offline

Activity: 1484



View Profile
December 17, 2013, 11:22:06 AM
 #2401

Hi All,

I would like to buy 10 BTC worth of Mastercoin around 0.15 I am willing to pay a premium of up to .02 btc per mastercoin (so will buy at 0.17 total price), or whatever may be fair , if someone will show me how to set up a secure mastercoin wallet or btc wallet or whatever I need. I have a btc physical wallet and I'm guessing that won't work for mastercoin. But if it does then great.

Basically I am willing to pay extra to someone who will help me set up this mastercoin buy, effectuate it, and show me how to keep them safe, in physical form if possible (and if not possible and I sound like an idiot then oops).

I am in Los Angeles, can meet in person if anyone is in the neighborhood.

thanks much
Ask maxmint for help and tip him good Wink
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513214363
Hero Member
*
Offline Offline

Posts: 1513214363

View Profile Personal Message (Offline)

Ignore
1513214363
Reply with quote  #2

1513214363
Report to moderator
Voodah
Full Member
***
Offline Offline

Activity: 238



View Profile
December 17, 2013, 12:07:50 PM
 #2402

We would like to respond to the recent comments on this thread, but first of all to say kudos to maxmint for setting up mcoin.io. This is a greatly needed tool, especially for us at BuyMastercoin.com. Liquidity has been a great issue so far in this economy, since most everyone is hoarding.

I'd like to start by saying that there are many of those selling Mastercoins on mcoin.io, the orderbook, and other third party sites for 0.3-10 BTC/MSC. Infact the average asking price is well above what we sell our Mastercoins. JR who holds ~30% of the coins has publicly stated he will not sell for less than 1 BTC/MSC, and if someone offered him that he wouldn't think twice to sell. Nobody is calling these people scammers.

I'd like to add that we have always fulfilled every single order we received and have responded to every single email. We attempt our best to acquire Mastercoins for our customers at a low price point but unfortunately there are barely any sellers. The orderbook is highly outdated, and it is impossible that every order that we receive we would go to the forum hoping to find someone who is online and willing to sell. Our stated goal is to provide a SAFE, EASY, and CONVENIENT way for customers to purchase small and medium amounts of Mastercoins, and we are proud of achieving this goal.

The idea that the orderbook denotes a "market price" is very misleading, especially with 90% being outdated orders. Considering the amount of Mastercoins we sell (and buy) if we were to purchase directly from the orderbook it would push the price sky high or dirt low because of the low market depth and limited availablility. Those who are willing to contact us before hand and setup a pre-order as opposed to an on the fly order receive better rates since it allows us time to acquire liquidity. For those who simply want to buy a mastercoin or two, our only option is to purchase directly from sellers who will not sell at artificial orderbook rates.

We have been the number one source for newcomers to easily acquire Mastercoins and have been helping boost awareness, knowledge and the availability of Mastercoin by creating new demand. Those who hold mastercoins should love us since we helped raise the price of mastercoin by bringing huge amounts of BTC into the market that otherwise wouldn't have come in.

Without us there would be no way for certain people to get Mastercoins since not everyone speaks english, has a bitcointalk account and trusts a google doc orderbook. We have processed more orders and volume than all other sellers combined. We teach people how to send and receive Mastercoins. So for those who feel we are "scamming" simply read the directions on our homepage, contact us for bulk rates, and you will be surprised at the low prices we can actually offer.

-BuyMastercoin.com

Classic.

Thanks for giving the world the gift of a 100% markup.
bitexch
Member
**
Offline Offline

Activity: 70


View Profile
December 17, 2013, 12:31:25 PM
 #2403

First of all, I want to state explicitly that I have no affiliation with buymastercoin.com (as might be guessed from critical comments of Mastercoin's development, which would not be in the interest of someone looking to pump up the price).


I'd like to start by saying that there are many of those selling Mastercoins on mcoin.io, the orderbook, and other third party sites for 0.3-10 BTC/MSC. Infact the average asking price is well above what we sell our Mastercoins. JR who holds ~30% of the coins has publicly stated he will not sell for less than 1 BTC/MSC, and if someone offered him that he wouldn't think twice to sell. Nobody is calling these people scammers.

The idea that the orderbook denotes a "market price" is very misleading, especially with 90% being outdated orders.

That is extremely misleading. The question is not what the average price in the orderbook is, but what the going-rate for Mastercoins is at the time someone is interested in buying.


I'd like to add that we have always fulfilled every single order we received and have responded to every single email. We attempt our best to acquire Mastercoins for our customers at a low price point but unfortunately there are barely any sellers. The orderbook is highly outdated, and it is impossible that every order that we receive we would go to the forum hoping to find someone who is online and willing to sell. Our stated goal is to provide a SAFE, EASY, and CONVENIENT way for customers to purchase small and medium amounts of Mastercoins, and we are proud of achieving this goal.

This. buymastercoin just does what most people here are probably trying to do: buy low and sell high. Granted, given the opaqueness of the Mastercoin market and the fact that their website looks very official (and has a very official sounding name), they have been able to do this with much greater success than the average Mastercoin speculator. As far as I can tell, the only thing they've lied about on their website is regarding what you can do with Mastercoins; right now you can't do anything with them that they advertise. But no one is criticizing that.

Also, buymastercoin performs a distinct service for sellers: they contact sellers directly, and buy in bulk at prices competitive with the market-rate. Often, there is not enough sell pressure to sell in bulk without greatly disrupting the market.

It is worth stating if people are really so disgusted with buymastercoin, they don't have to sell them their MSCs. MSC is a small enough community to where this may have some real effect, and force buymastercoin to lower its prices. This all seems rather similar to people's moral outrage over the unfair wages laborers in China get, and yet still happily shopping at WalMart or Target (the analogy doesn't break down because of those two stores low prices; if buymastercoin has to lower its prices, it will).


Without us there would be no way for certain people to get Mastercoins since not everyone speaks english, has a bitcointalk account and trusts a google doc orderbook. We have processed more orders and volume than all other sellers combined. We teach people how to send and receive Mastercoins.

+1.

Basically,  buymastercoin is a very normal operation, and I am not quite sure what people want from them: do they expect buymastercoin to advertise the GoogleDocs orderbook on their homepage? Or to state explicitly that they are charging well above market price? Or to admit they are scammers? Or to say they're sorry? I am surprised that they even give a disclaimer, saying that their prices may not match market prices.

Th most germane criticism of buymastercoin is that their strategy is extremely short-sighted and will most likely hurt both themselves and Mastercoin: Right now, there are very few people interested in Mastercoin, and the current market-price is well below what it will be if Mastercoin makes good on what it promises; indeed, I would argue that the price on buymastercoin.com is also quite low, when considered from this point of view. Therefore, if/when Mastercoin's proposed features get developed and more people are interested, there will be higher demand and hence higher price, and as buymastercoin has already managed to find itself a bad reputation in the community, they will most likely miss out on the real, future profits. Before we get to that point, however, Mastercoin adoption will probably be hurt by such a major seller having such a huge mark-up; it will probably make those who calls Mastercoin a "scam" shout even louder.

If somebody wants to undercut buymastercoin, they can register the domain name "buymastercoinsforcheap" or something, offer the same services, and start raising awareness of buymastercoin's 'unfair' prices. But certainly complaining about them on a bitcointalk thread - where *much lower* prices are advertised - is not really getting to the root of the problem.

You don't get to tout free market economies and get mad when someone takes advantage of them...
hl5460
Legendary
*
Offline Offline

Activity: 1585


news.8btc.com


View Profile WWW
December 17, 2013, 12:32:34 PM
 #2404

http://mcoin.io/#  doesn't work in my chrome. Click on link doesn't work.

Is it just me? Huh

klee
Legendary
*
Offline Offline

Activity: 1484



View Profile
December 17, 2013, 12:41:14 PM
 #2405

http://mcoin.io/#  doesn't work in my chrome. Click on link doesn't work.

Is it just me? Huh
Works fine here (chrome).
DarkEmi
Full Member
***
Offline Offline

Activity: 223



View Profile
December 17, 2013, 12:44:00 PM
 #2406

I think one of the root of the problem is that they are advertisted by the official mastercoin.org website, and thus seems like they are the "official" solution to buy mastercoins.

Personnally I have been pretty shocked when first studying mastercoin to see that the official ressources were advertising for a website that was selling at *4 the price, and it gave me a bad first perspective on mastercoin.

I am really excited on the state of mastercoin development and all the upcoming feature, but this does not shine very well.

Disclaimer, I will be launching a concurrent business. But my insatisfaction with the existing one is part of the reason we are doing it.

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
ejinte
Hero Member
*****
Offline Offline

Activity: 644


View Profile
December 17, 2013, 12:47:14 PM
 #2407

First of all, I want to state explicitly that I have no affiliation with buymastercoin.com (as might be guessed from critical comments of Mastercoin's development, which would not be in the interest of someone looking to pump up the price).


I'd like to start by saying that there are many of those selling Mastercoins on mcoin.io, the orderbook, and other third party sites for 0.3-10 BTC/MSC. Infact the average asking price is well above what we sell our Mastercoins. JR who holds ~30% of the coins has publicly stated he will not sell for less than 1 BTC/MSC, and if someone offered him that he wouldn't think twice to sell. Nobody is calling these people scammers.

The idea that the orderbook denotes a "market price" is very misleading, especially with 90% being outdated orders.

That is extremely misleading. The question is not what the average price in the orderbook is, but what the going-rate for Mastercoins is at the time someone is interested in buying.


I'd like to add that we have always fulfilled every single order we received and have responded to every single email. We attempt our best to acquire Mastercoins for our customers at a low price point but unfortunately there are barely any sellers. The orderbook is highly outdated, and it is impossible that every order that we receive we would go to the forum hoping to find someone who is online and willing to sell. Our stated goal is to provide a SAFE, EASY, and CONVENIENT way for customers to purchase small and medium amounts of Mastercoins, and we are proud of achieving this goal.

This. buymastercoin just does what most people here are probably trying to do: buy low and sell high. Granted, given the opaqueness of the Mastercoin market and the fact that their website looks very official (and has a very official sounding name), they have been able to do this with much greater success than the average Mastercoin speculator. As far as I can tell, the only thing they've lied about on their website is regarding what you can do with Mastercoins; right now you can't do anything with them that they advertise. But no one is criticizing that.

Also, buymastercoin performs a distinct service for sellers: they contact sellers directly, and buy in bulk at prices competitive with the market-rate. Often, there is not enough sell pressure to sell in bulk without greatly disrupting the market.

It is worth stating if people are really so disgusted with buymastercoin, they don't have to sell them their MSCs. MSC is a small enough community to where this may have some real effect, and force buymastercoin to lower its prices. This all seems rather similar to people's moral outrage over the unfair wages laborers in China get, and yet still happily shopping at WalMart or Target (the analogy doesn't break down because of those two stores low prices; if buymastercoin has to lower its prices, it will).


Without us there would be no way for certain people to get Mastercoins since not everyone speaks english, has a bitcointalk account and trusts a google doc orderbook. We have processed more orders and volume than all other sellers combined. We teach people how to send and receive Mastercoins.

+1.

Basically,  buymastercoin is a very normal operation, and I am not quite sure what people want from them: do they expect buymastercoin to advertise the GoogleDocs orderbook on their homepage? Or to state explicitly that they are charging well above market price? Or to admit they are scammers? Or to say they're sorry? I am surprised that they even give a disclaimer, saying that their prices may not match market prices.

Th most germane criticism of buymastercoin is that their strategy is extremely short-sighted and will most likely hurt both themselves and Mastercoin: Right now, there are very few people interested in Mastercoin, and the current market-price is well below what it will be if Mastercoin makes good on what it promises; indeed, I would argue that the price on buymastercoin.com is also quite low, when considered from this point of view. Therefore, if/when Mastercoin's proposed features get developed and more people are interested, there will be higher demand and hence higher price, and as buymastercoin has already managed to find itself a bad reputation in the community, they will most likely miss out on the real, future profits. Before we cross that adoption barrier, however, Mastercoin adoption will probably be hurt by such a major seller having such a huge mark-up; it will probably make those who calls Mastercoin a "scam" shout even louder.

If somebody wants to undercut buymastercoin, they can register the domain name "buymastercoinsforcheap" or something, offer the same services, and start raising awareness of buymastercoin's 'unfair' prices. But certainly complaining about them on a bitcointalk thread - where *much lower* prices are advertised - is not really getting to the root of the problem.

You don't get to tout free market economies and get mad when someone takes advantage of them...
My critic is aimed both at buymastercoin and the mastercoin fondation for promoting that shit. Still they didn't give any official statements although the question has been in this thread for some time now. It seems like the executive director is involved in this ripoff in some way. If someone wants to buy 5 MTC for 0.419 I'm happy to get rid of them. buymastercoin them self is buying for 0.15.  Angry


Disclaimer, I will be launching a concurrent business. But my insatisfaction with the existing one is part of the reason we are doing it.
That's great DarkEmi, let me know if I might help you in any way.

 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.6%-1% House Edge
littleblue
Sr. Member
****
Offline Offline

Activity: 286


View Profile
December 17, 2013, 12:48:01 PM
 #2408

http://mcoin.io/#  doesn't work in my chrome. Click on link doesn't work.

Is it just me? Huh
me too. it doesn't work in my chrome too.
DarkEmi
Full Member
***
Offline Offline

Activity: 223



View Profile
December 17, 2013, 12:59:49 PM
 #2409

That's great DarkEmi, let me know if I might help you in any way.

Thanks, everything is roughly done so we are in heavy testing mode right now. We hope to release tomorrow but you never know ;-)

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
klee
Legendary
*
Offline Offline

Activity: 1484



View Profile
December 17, 2013, 01:00:51 PM
 #2410

That's great DarkEmi, let me know if I might help you in any way.

Thanks, everything is roughly done so we are in heavy testing mode right now. We hope to release tomorrow but you never know ;-)
MSC/USD pair?
bitexch
Member
**
Offline Offline

Activity: 70


View Profile
December 17, 2013, 01:02:24 PM
 #2411

Disclaimer, I will be launching a concurrent business. But my insatisfaction with the existing one is part of the reason we are doing it.

That's great. Are the details of your business listed somewhere?
DarkEmi
Full Member
***
Offline Offline

Activity: 223



View Profile
December 17, 2013, 01:07:33 PM
 #2412

MSC / BTC exchange.

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
bitexch
Member
**
Offline Offline

Activity: 70


View Profile
December 17, 2013, 01:12:29 PM
 #2413


My critic is aimed both at buymastercoin and the mastercoin fondation for promoting that shit. Still they didn't give any official statements although the question has been in this thread for some time now. It seems like the executive director is involved in this ripoff in some way.

Unless I am mistaken, ripper (Ron) has some connection with buymastercoin. This is certainly terrible for Mastercoin's image, but does the mastercoin foundation really promote buymastercoin? I didn't know that.
ejinte
Hero Member
*****
Offline Offline

Activity: 644


View Profile
December 17, 2013, 01:52:38 PM
 #2414


My critic is aimed both at buymastercoin and the mastercoin fondation for promoting that shit. Still they didn't give any official statements although the question has been in this thread for some time now. It seems like the executive director is involved in this ripoff in some way.

Unless I am mistaken, ripper (Ron) has some connection with buymastercoin. This is certainly terrible for Mastercoin's image, but does the mastercoin foundation really promote buymastercoin? I didn't know that.
The mastercoin fondation is running mastercoin.com (acording to sources in the thread) and there they promote buymastercoin.org. I might or might not have been the only one to go in this trap

 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.6%-1% House Edge
peled1986
Legendary
*
Offline Offline

Activity: 840



View Profile WWW
December 17, 2013, 02:38:45 PM
 #2415


It is worth stating if people are really so disgusted with buymastercoin, they don't have to sell them their MSCs.

I don't know this but my guess is that buymastercoin has a couple of accounts therefor even if someone was disgusted by buymastercoin it will be hard not to sell to someone that you don't know his identity.


Basically,  buymastercoin is a very normal operation, and I am not quite sure what people want from them.

I agree with you, the problem isn't with buymastercoin operation. I think people want to hear why the foundation thinks promoting his site does more good than bad.

I am not quite sure what people want from them: do they expect buymastercoin to advertise the GoogleDocs orderbook on their homepage? Or to state explicitly that they are charging well above market price?

I don't think anyone is expecting buymastercoin to do any of those things, but i think newcomers and the MSC community is expecting the foundation to point out these points in a very clear way, that newcomers can get an informed decision. If newcomers are informed and still want to pay 200% more in order to get a "SAFE, EASY, and CONVENIENT" trade with buymastercoin, I am sure you will not hear anymore “complaints” against the foundation. Is that not in the interest of the foundation in your opinion?

Does the foundation have no responsibility at all for the sites it promotes? Does Ron Gross - Board Member / Executive Director and J.R. Willett Mastercoin Protocol Founder / Board Treasurer have no opinion about this matter? I would really appreciate to hear their opinion or anyone of the Mastercoin Foundation Board of Directors opinion on this subject. The sooner the better  


If somebody wants to undercut buymastercoin, they can register the domain name "buymastercoinsforcheap" or something, offer the same services, and start raising awareness of buymastercoin's 'unfair' prices.

The foundation hasn't answered this question yet. Will any private exchange website be added to the foundation page? If yes I will have a site ready by the end of the week. I agree that the more competition the better.



▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
GETGEMS.ORG | Bitcoin: Now As Simple As Sending A Message | Twitter

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀


Bitrated user: peled1986.

GEMS | PRE-SALE |Crypto Meets Messaging | 13brnQ5LPeQcskRjKXwr9ygN2Wabh5cycb

ChanceCoinDecentralized Casino - You are the player AND the owner ! | 1BwbrUBXgdfWU7U6jKUoWnhA6s9x1nuhTa  ♠

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
CHANCECOIN.COM | #1 in decentralized bitcoin Gambling | Awesome Devs!

Twitter 1BwbrUBXgdfWU7U6jKUoWnhA6s9x1nuhTa
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
littleblue
Sr. Member
****
Offline Offline

Activity: 286


View Profile
December 17, 2013, 02:53:37 PM
 #2416


It is worth stating if people are really so disgusted with buymastercoin, they don't have to sell them their MSCs.

I don't know this but my guess is that buymastercoin has a couple of accounts therefor even if someone was disgusted by buymastercoin it will be hard not to sell to someone that you don't know his identity.


Basically,  buymastercoin is a very normal operation, and I am not quite sure what people want from them.

I agree with you, the problem isn't with buymastercoin operation. I think people want to hear why the foundation thinks promoting his site does more good than bad.

I am not quite sure what people want from them: do they expect buymastercoin to advertise the GoogleDocs orderbook on their homepage? Or to state explicitly that they are charging well above market price?

I don't think anyone is expecting buymastercoin to do any of those things, but i think newcomers and the MSC community is expecting the foundation to point out these points in a very clear way, that newcomers can get an informed decision. Is that not in the interest of the foundation in your opinion?


If somebody wants to undercut buymastercoin, they can register the domain name "buymastercoinsforcheap" or something, offer the same services, and start raising awareness of buymastercoin's 'unfair' prices.

The foundation hasn't answered this question yet. Will any private exchange website be added to the foundation page? If yes I will have a site ready by the end of the week. I agree that the more competition the better.




+1.1
bitexch
Member
**
Offline Offline

Activity: 70


View Profile
December 17, 2013, 03:17:52 PM
 #2417


It is worth stating if people are really so disgusted with buymastercoin, they don't have to sell them their MSCs.

I don't know this but my guess is that buymastercoin has a couple of accounts therefor even if someone was disgusted by buymastercoin it will be hard not to sell to someone that you don't know his identity.

Yes, the anonymity is a double-edged sword, and you are probably right that they have more than one account - but in this case I actually I think it is not such a big deal. As I've said, buymastercoin's willingness to buy in bulk at a good price is in my opinion a definite advantage, and helps the MSC market on the whole. The problem is the price at which they sell their Mastercoins (though again I think it is unreasonable to call this a 'problem'). But buymastercoin's advantages are really: 1) that it has been involved with Mastercoin since the beginning 2) that it has name-recognition, and 3) is listed on some site associated with the foundation. If they have to sell their MSCs under a new name (which can happen if people try to spread as much awareness as possible), then they lose all three of these advantages.


Basically,  buymastercoin is a very normal operation, and I am not quite sure what people want from them.

I agree with you, the problem isn't with buymastercoin operation. I think people want to hear why the foundation thinks promoting his site does more good than bad.

In my opinion, the 'support' from the foundation is FAKE. On mastercoin.org there is a link to buymastercoin.com, but on mastercounfoundation.org there is not. I don't know who owns the former domain, but if the board doesn't own it, then we've been fooled.

I am not quite sure what people want from them: do they expect buymastercoin to advertise the GoogleDocs orderbook on their homepage? Or to state explicitly that they are charging well above market price?
I don't think anyone is expecting buymastercoin to do any of those things, but i think newcomers and the MSC community is expecting the foundation to point out these points in a very clear way, that newcomers can get an informed decision. Is that not in the interest of the foundation in your opinion?

I couldn't agree with you more. If you read my previous posts, you will see that I have been quite outspoken in my criticisms of the board and the foundation more generally (this is not self-advertisement, it's just to give you a reference). I have also become convinced, however, that, aside from vokain and djohnston, the board is indifferent to community concerns, and that if Mastercoin succeeds, it will be in spite of, not because of its management. Indeed, as you may or may not know, 3 of our board members are completely silent on the forums (I am not even sure whether they have reddit/bitcointalk accounts)

I also think a board change is extremely unlikely because, as JR himself pointed out, the board owns so many MSCs that their decision is pretty representative of decisions that would be reached in proof-of-stake voting - so they could quite easily vote themselves back in.


If somebody wants to undercut buymastercoin, they can register the domain name "buymastercoinsforcheap" or something, offer the same services, and start raising awareness of buymastercoin's 'unfair' prices.

The foundation hasn't answered this question yet. Will any private exchange website be added to the foundation page? If yes I will have a site ready by the end of the week. I agree that the more competition the better.

Great! I hope you make a site! Mastercoin has a reputation for being an insular, and so whoever takes some steps towards making it a more newbie-friendly project will be performing a very important service.
DGulari
Legendary
*
Offline Offline

Activity: 1026


Crypterium-Digital Mobile Cryptobank For Everyone


View Profile
December 17, 2013, 04:08:33 PM
 #2418

Does the foundation have no responsibility at all for the sites it promotes? Does Ron Gross - Board Member / Executive Director and J.R. Willett Mastercoin Protocol Founder / Board Treasurer have no opinion about this matter? I would really appreciate to hear their opinion or anyone of the Mastercoin Foundation Board of Directors opinion on this subject. The sooner the better 


It seems like the executive director is involved in this ripoff in some way.
If Ron is involved, you can vote him out of the Executive Director position next election.  I think if Ron knows the guy, he ought to fully disclose that now.  

I demand that Ron speak up on this topic - or held accountable next election.  The ExDir shouldn't have buymastercoins.com as a 'friend'.  If so, then people will think the whole thing is rigged.  It is just bad business keeping friends like that.

Ron?



░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀


░░░░░░░░░░▄▄▄▄▄▄
░░░░░░▄███████████▄
░░░░▄██▀▀░░░░░░░░▀██▄
░░░██▀░░░▄▄▄▄▄▄░░░░▀██
░░██▀░░▄██▀▀▀▀▀░░▄▄
██▀░░██▀░░▄▄▄▄░░▀▀
██▀░░██░░▄██▀▀▀█▄
██░░██░░██▀
██░░▀▀░░██
██░░▄▄░░██
██░░██░░██▄
██▄░░██░░▀██▄▄▄█▀
██▄░░██▄░░▀▀▀▀░░▄▄
░░██▄░░▀██▄▄▄▄▄░░▀▀
░░░██▄░░░▀▀▀▀▀▀░░░░▄██
░░░░▀██▄▄░░░░░░░░▄██▀
░░░░░░▀███████████▀
░░░░░░░░░░▀▀▀▀▀▀

▀  Twitter
▀  Telegram
▀  Facebook
▀  ANN Thread
▀  Whitepaper
▀  Website
jajansen
Newbie
*
Offline Offline

Activity: 24


View Profile
December 17, 2013, 04:09:25 PM
 #2419

Big scam and a reason to loose confidence in this mastercoin, specially makes me doubt about the people behind mastercoin, if they even think this is normal business...If there are really good intentions, you try to make a market place and not selling already for months at 0.39btc where market is between 2 till 4 times cheaper.

We would like to respond to the recent comments on this thread, but first of all to say kudos to maxmint for setting up mcoin.io. This is a greatly needed tool, especially for us at BuyMastercoin.com. Liquidity has been a great issue so far in this economy, since most everyone is hoarding.

I'd like to start by saying that there are many of those selling Mastercoins on mcoin.io, the orderbook, and other third party sites for 0.3-10 BTC/MSC. Infact the average asking price is well above what we sell our Mastercoins. JR who holds ~30% of the coins has publicly stated he will not sell for less than 1 BTC/MSC, and if someone offered him that he wouldn't think twice to sell. Nobody is calling these people scammers.

I'd like to add that we have always fulfilled every single order we received and have responded to every single email. We attempt our best to acquire Mastercoins for our customers at a low price point but unfortunately there are barely any sellers. The orderbook is highly outdated, and it is impossible that every order that we receive we would go to the forum hoping to find someone who is online and willing to sell. Our stated goal is to provide a SAFE, EASY, and CONVENIENT way for customers to purchase small and medium amounts of Mastercoins, and we are proud of achieving this goal.

The idea that the orderbook denotes a "market price" is very misleading, especially with 90% being outdated orders. Considering the amount of Mastercoins we sell (and buy) if we were to purchase directly from the orderbook it would push the price sky high or dirt low because of the low market depth and limited availablility. Those who are willing to contact us before hand and setup a pre-order as opposed to an on the fly order receive better rates since it allows us time to acquire liquidity. For those who simply want to buy a mastercoin or two, our only option is to purchase directly from sellers who will not sell at artificial orderbook rates.

We have been the number one source for newcomers to easily acquire Mastercoins and have been helping boost awareness, knowledge and the availability of Mastercoin by creating new demand. Those who hold mastercoins should love us since we helped raise the price of mastercoin by bringing huge amounts of BTC into the market that otherwise wouldn't have come in.

Without us there would be no way for certain people to get Mastercoins since not everyone speaks english, has a bitcointalk account and trusts a google doc orderbook. We have processed more orders and volume than all other sellers combined. We teach people how to send and receive Mastercoins. So for those who feel we are "scamming" simply read the directions on our homepage, contact us for bulk rates, and you will be surprised at the low prices we can actually offer.

-BuyMastercoin.com
klee
Legendary
*
Offline Offline

Activity: 1484



View Profile
December 17, 2013, 04:09:45 PM
 #2420

Does the foundation have no responsibility at all for the sites it promotes? Does Ron Gross - Board Member / Executive Director and J.R. Willett Mastercoin Protocol Founder / Board Treasurer have no opinion about this matter? I would really appreciate to hear their opinion or anyone of the Mastercoin Foundation Board of Directors opinion on this subject. The sooner the better 


It seems like the executive director is involved in this ripoff in some way.
If Ron is involved, you can vote him out of the Executive Director position next election.  I think if Ron knows the guy, he ought to fully disclose that now.  

I demand that Ron speak up on this topic - or held accountable next election.  The ExDir shouldn't have buymastercoins.com as a 'friend'.  If so, then people will think the whole thing is rigged.  It is just bad business keeping friends like that.

Ron?
TKeenan?
Pages: « 1 ... 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 [121] 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!