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Author Topic: MasterCoin Buyer/Seller Thread  (Read 222134 times)
littleblue
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December 18, 2013, 04:58:37 AM
 #2461

Hi all,

Someone pointed out that my reply to this thread would be appreciated, (thanks) so here it is.
I do not plan to monitor this thread and "convince" every naysayer.

  • I have no personal stake or business relationship with BuyMastercoin or its owner. He is a friend of mine though, as I said multiple times.
  • He was the only one providing any sort of liquidity to the market for a long time. He did a good service to Mastercoin. He did not scam anyone out of their money, and provide a useful service to many (I sold him some MSC at times, and bought MSC at other times).
  • I never put a link to his website on mastercoin.org. David Johnston did that when he setup the website. I never asked David to do this, he did this on his own volition because it was a good thing to do at the time.
  • Going forward, we are linking only to the wiki article and not to a specific seller, because there are multiple options right now.
  • The Mastercoin Foundation is not associated with, nor does it have any business relation, with BuyMastercoin or any MSC exchange.
  • I understand that some people feel cheated because they bought at higher than market prices. This is part of the natural dynamics of a market with such low liquidity ... people who do not do their research or luck out can end up with getting a raw deal. Mastercoin and crypto-currencies are a risky investment, do your homework and risk analysis!
  • You can direct any further complaints or inquiries to BuyMastercoin, this matter does not involve the Foundation or me in any way

Regards,
Ron
Mastercoin Foundation Executive Director
+1.2
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peled1986
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December 18, 2013, 09:34:23 AM
 #2462

(I sold him some MSC at times, and bought MSC at other times).

Thank you very much for your answer – it adds transparency and much appreciated!
Can you please add some more information about this? I am sure you didn’t buy at buymastercoin prices.

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littleblue
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December 18, 2013, 09:35:27 AM
 #2463

http://mcoin.io/#   this  site  don't work  to me.  Cry
mishax1
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December 18, 2013, 09:42:36 AM
 #2464

Hi all,

Someone pointed out that my reply to this thread would be appreciated, (thanks) so here it is.
I do not plan to monitor this thread and "convince" every naysayer.

  • I have no personal stake or business relationship with BuyMastercoin or its owner. He is a friend of mine though, as I said multiple times.
  • He was the only one providing any sort of liquidity to the market for a long time. He did a good service to Mastercoin. He did not scam anyone out of their money, and provide a useful service to many (I sold him some MSC at times, and bought MSC at other times).
  • I never put a link to his website on mastercoin.org. David Johnston did that when he setup the website. I never asked David to do this, he did this on his own volition because it was a good thing to do at the time.
  • Going forward, we are linking only to the wiki article and not to a specific seller, because there are multiple options right now.
  • The Mastercoin Foundation is not associated with, nor does it have any business relation, with BuyMastercoin or any MSC exchange.
  • I understand that some people feel cheated because they bought at higher than market prices. This is part of the natural dynamics of a market with such low liquidity ... people who do not do their research or luck out can end up with getting a raw deal. Mastercoin and crypto-currencies are a risky investment, do your homework and risk analysis!
  • You can direct any further complaints or inquiries to BuyMastercoin, this matter does not involve the Foundation or me in any way

Regards,
Ron
Mastercoin Foundation Executive Director
+1.3

He's an Executive Director for a reason, his contribution to the Bitcoin/Mastercoin community is outstanding without a doubt.
maxmint
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December 18, 2013, 11:31:05 AM
 #2465

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.

Is this Chrome specific? Are you able to open the site with a different browser?
Just a FYI, there's a dedicated thread to discuss mcoin.io:
https://bitcointalk.org/index.php?topic=373666.msg4017853

more questions:

- Is there only a fee for pre-funded orders?

- Why can't I make a pre-funded MSC buy-order?
I answered all your questions on the other thread:
https://bitcointalk.org/index.php?topic=373666.msg4017853

My PGP-Key: 462D02D8
Verify my messages using keybase: https://keybase.io/maxmint
Lilyreso
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December 18, 2013, 02:11:15 PM
 #2466

Please remove my buying order @ 0.14, already filled, thanks.
littleblue
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December 18, 2013, 02:27:28 PM
 #2467

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.

Is this Chrome specific? Are you able to open the site with a different browser?
Just a FYI, there's a dedicated thread to discuss mcoin.io:
https://bitcointalk.org/index.php?topic=373666.msg4017853

more questions:

- Is there only a fee for pre-funded orders?

- Why can't I make a pre-funded MSC buy-order?
I answered all your questions on the other thread:
https://bitcointalk.org/index.php?topic=373666.msg4017853
maxmint
thanks.Although still not working,but  thank you very much,i  think  Or forget. Grin  i  just waiting  wallet.
Wsbltc
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December 18, 2013, 03:21:24 PM
 #2468

Please remove my order, thanks.
DarkEmi
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December 18, 2013, 05:09:13 PM
 #2469

We worked very hard for several weeks to launch in beta the first mastercoin real exchange :

https://masterxchange.com/

We are open to all suggestions and remarks !

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
Patel
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December 18, 2013, 05:16:58 PM
 #2470

We worked very hard for several weeks to launch in beta the first mastercoin real exchange :

https://masterxchange.com/

We are open to all suggestions and remarks !

Hmm it looks good. Trust is the main factor here.

0.01btc/0.02btc to withdraw? don't you think its a little too high?
DarkEmi
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December 18, 2013, 05:23:08 PM
 #2471

We worked very hard for several weeks to launch in beta the first mastercoin real exchange :

https://masterxchange.com/

We are open to all suggestions and remarks !

Hmm it looks good. Trust is the main factor here.

0.01btc/0.02btc to withdraw? don't you think its a little too high?

Yes it might be.

- Mastercoins transactions are done manually since there is no official mastercoin client. As such, they are highly risky and time consuming. Since we don't want to be flooded with small withdrawals, we need this limit to be able to process all withdrawals.

Once everything will be automated and we are confident our system is 100% secure we will be able to lower this limitation.

So far it is also a security issue : We store most of the funds offline so it take times to withdraw them. We are really obsessively paranoid in our security mesures but of course nobody should trust us blindly. There is not even any exploitable wallet on the production environement.

We don't really have a proof except that we have computer security background and that no ones has managed to steal any amounts of coins from our previous business btcoracle.com

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME


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December 18, 2013, 05:27:01 PM
 #2472

We worked very hard for several weeks to launch in beta the first mastercoin real exchange :

https://masterxchange.com/

We are open to all suggestions and remarks !

Hmm it looks good. Trust is the main factor here.

0.01btc/0.02btc to withdraw? don't you think its a little too high?

Yes it might be.

- Mastercoins transactions are done manually since there is no official mastercoin client. As such, they are highly risky and time consuming. Since we don't want to be flooded with small withdrawals, we need this limit to be able to process all withdrawals.

Once everything will be automated and we are confident our system is 100% secure we will be able to lower this limitation.

So far it is also a security issue : We store most of the funds offline so it take times to withdraw them. We are really obsessively paranoid in our security mesures but of course nobody should trust us blindly. There is not even any exploitable wallet on the production environement.

We don't really have a proof except that we have computer security background and that no ones has managed to steal any amounts of coins from our previous business btcoracle.com

Well I'm pro! Its nice to move the ecosystem along, and this certainly helps!

more or less retired.
DarkEmi
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December 18, 2013, 05:29:34 PM
 #2473

We worked very hard for several weeks to launch in beta the first mastercoin real exchange :

https://masterxchange.com/

We are open to all suggestions and remarks !

2% trade fee and 0.01 to 0.02 withdrawal fee? Exhorbitant much.

Our exchange is a temporary solution waiting for the distributed exchange. As such, we don't know how long our service will be used.

Also, we will probably do lower fees for frequent traders.

We might lower fees at a later time anyway

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
Patel
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December 18, 2013, 05:31:52 PM
 #2474

I would recommend changing the logo to link to the homepage and not the mastercoin.org site.

prophetx
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he who has the gold makes the rules


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December 18, 2013, 05:34:36 PM
 #2475

We worked very hard for several weeks to launch in beta the first mastercoin real exchange :

https://masterxchange.com/

We are open to all suggestions and remarks !

2% trade fee and 0.01 to 0.02 withdrawal fee? Exhorbitant much.

i think they have a right to charge whatever they want.  these folks took time out of their life to make this happen without anyone paying them anything to do this.

i think people deserve to get paid for their hard work.

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prophetx
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December 18, 2013, 05:35:25 PM
 #2476

sorry for spamming the thread but i'm trying to find these folks.... so they can get paid


the documentation contest is complete, thanks for all the hard work everyone!

there are a few people who still haven't submitted their btc address and email.  if this is your trello username, please post on the left most trello card so we can wrap this up.

thanks again and great job, we have over 50 pages and 50+ FAQ items!

https://docs.google.com/spreadsheet/ccc?key=0AjAYAEsUDop2dENDc2tqNVR2RUIybTFEVTJFVjVadXc&usp=drive_web#gid=0

https://trello.com/b/5lolIlqc/documentation-contest-1

need btc and email address for:

@jakecunning
@jamesknight313
@fordlincoln
@michaelbulkley

need emails for

@assafshomer
@wes14

need btc address for
@rolandkofler

the payment amounts in btc will be pegged to a certain date, once I get confirmation from JR when the payment date will happen.

still missing

need btc and email address for:

@jamesknight313
@fordlincoln
@michaelbulkley
LuckyBit

need email for

@assafshomer

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DarkEmi
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December 18, 2013, 05:35:36 PM
 #2477

I would recommend changing the logo to link to the homepage and not the mastercoin.org site.


Done.

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
Patel
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December 18, 2013, 05:41:28 PM
 #2478

I would recommend changing the logo to link to the homepage and not the mastercoin.org site.


Done.

I like the site overall, well done. Lets get some volume on here.
DarkEmi
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December 18, 2013, 05:52:05 PM
 #2479

Thank you sir Patel ! Congrats on creating the first sell order Smiley

There is still a lot of work to do on the user interface and there is still probably a few bugs and glitche in the interface, but the trading engine should be really stable

ProProfi.com
The first home improvement service cryptocurrency project
ICO | Discuss on Forum
prophetx
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he who has the gold makes the rules


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December 18, 2013, 06:01:12 PM
 #2480

Thank you sir Patel ! Congrats on creating the first sell order Smiley

There is still a lot of work to do on the user interface and there is still probably a few bugs and glitche in the interface, but the trading engine should be really stable

i want to write about you guys on the blog, but as there is no information about who you are or any type of legal entity behind this I am hesitant, especially after the drama with buymastercoins.  

no disrespect is intended, i am just a very careful person and that care extends to my communications, which is why i replaced the link to buymastercoin last week on the website to go to the wiki instead.

as an aside i was very skeptical of sheep marketplace, told my friends to avoid it and was proven right...

would you be willing to publish some kind of information and/or have known people verify you?  i think it is only fair if you are asking for people's business and collecting fees.  Cool

glad to see the site up!!

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WINGS
Where DAO Unicorns are born
|
.
1st Bitcoin & Ethereum DAO for DAOs                                               
1st Decentralized Chatbot to Smart Contracts Interaction System

|
.
Wings Bounties Earn Eggs    
X-Blockchain DAO

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