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Author Topic: MasterCoin Buyer/Seller Thread  (Read 225304 times)
prophetx
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December 18, 2013, 06:06:25 PM
 #2481

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?  i think it is only fair if you are asking for people's business and collecting fees.  Cool

glad to see the site up!!

Sure, we could give you our facebook linked to our real life indentities, proof that we own btcoracle.com, etc. etc.

Just ask.

just post your exchange link on this group https://www.facebook.com/groups/mastercoin  or you can email me at dom(a]mastercoin.org

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December 18, 2013, 06:11:02 PM
 #2482

2% and 0.02 are Paypal-style kind of fees.

Please reconsider.
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December 18, 2013, 06:12:04 PM
 #2483


just post your exchange link on this group https://www.facebook.com/groups/mastercoin  or you can email me at dom(a]mastercoin.org

I joined the group but I do not see how I can post my link

Edit : Ok I have to wait for approval Smiley

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December 18, 2013, 06:26:17 PM
 #2484

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.

And I have a right to criticize the exorbitant fees. He's stated that the fees are high because they don't know how long the exchange will be useful. Sounds like a self-proclaimed cash grab. If a proper high frequency exchange is built it will always be useful as Decentralized exchange can't do high frequency trading. The fees are ridiculous. Might as well call it visaexchange. I'n not really seeing the benefit. With all the messing around because the poor/lack of proper tools to transfer MSC and security concerns of a centralized exchange, users might as well just continue to trade OTC for a small escrow fee. If the fees were reasonable, I could see some utility.

Everyone has the right to criticize their fees, but the most effective way to show your dissatisfaction is probably by not using their service - perhaps forming a group with that express statement.

Like buymastercoin, they should charge whatever people are willing to pay. If people decide not to use their services because of their fees, they will either lower them or be unsuccessful. I don't see the problem.

For my part, I am just happy to see more competition enter the ecosystem.
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December 18, 2013, 06:31:37 PM
 #2485


just post your exchange link on this group https://www.facebook.com/groups/mastercoin  or you can email me at dom(a]mastercoin.org

I joined the group but I do not see how I can post my link

Edit : Ok I have to wait for approval Smiley

FB always making life easy, no way to turn that feature off...


So btw there is an open bounty for an exchange https://trello.com/c/jE5MdzpW

technically it was for an existing exchange, but go ahead and email info(a]mastercoin.org  and maybe Ron can reconsider the terms of that bounty, or ask you to do some more stuff to get this bounty.  I know it's not a huge amount but perhaps it will pay for free hosting for a year.



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December 18, 2013, 06:42:12 PM
 #2486

Selling 20 MSC @ 0.15. Order is pre-funded and signed. Check http://mcoin.io Smiley
Cheers,
Sean
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December 18, 2013, 07:00:01 PM
 #2487

Wow!  MSC is cheap these days.  I can't believe how low the price has gone - in view of the BTC crash.  Ironically, the BTC crash shouldn't effect MSC in any way.   The MSC protocol remains just as valid as it was last week.  That China doesn't like BTC today should give a 50% discount on MSC.  Time to buy!

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DarkEmi
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December 18, 2013, 07:00:18 PM
 #2488


just post your exchange link on this group https://www.facebook.com/groups/mastercoin  or you can email me at dom(a]mastercoin.org

I joined the group but I do not see how I can post my link

Edit : Ok I have to wait for approval Smiley

FB always making life easy, no way to turn that feature off...


So btw there is an open bounty for an exchange https://trello.com/c/jE5MdzpW

technically it was for an existing exchange, but go ahead and email info(a]mastercoin.org  and maybe Ron can reconsider the terms of that bounty, or ask you to do some more stuff to get this bounty.  I know it's not a huge amount but perhaps it will pay for free hosting for a year.


Thanks, we will give it a try !

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December 18, 2013, 08:25:11 PM
 #2489

Unfortunate that the fees on that exchange are so high. One thing an exchange needs to be successful is volume, and I can't really see a lot of people using it when they take close to 4% from each trade. (1.9% from buyer and 1.9% from seller!)
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December 18, 2013, 08:28:45 PM
 #2490

Unfortunate that the fees on that exchange are so high. One thing an exchange needs to be successful is volume, and I can't really see a lot of people using it when they take close to 4% from each trade. (1.9% from buyer and 1.9% from seller!)
This is one of the reasons I will not use it to sell MSC.
Lower the fees and the volume will go up.
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December 18, 2013, 08:29:33 PM
 #2491

Edit
RarsMover11
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December 19, 2013, 01:38:19 AM
 #2492

I'm looking to buy 150 MSC at 0.13/btc.
Please add me to the orderbook

Order has been filled.
Please remove me from the orderbook.
BitThink
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December 19, 2013, 04:20:14 AM
 #2493

Use www.masterxchange.com if you want to buy and sell bitcoins for now.

If you want to buy more than 50msc, pm me.
Trading fee and withdrawing fee are seems pretty high.
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December 19, 2013, 06:18:23 AM
 #2494

Looking to buy 500 MSC @ 0.135

Please PM me.

prophetx
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December 19, 2013, 03:20:46 PM
 #2495

has anyone used the send feature on masterchain.info?

https://masterchain.info/Address.html?addr=12xdMh16KkH34YKbzoPZmn5Ai6i3jzfVwX&currency=MSC

WINGS Beta is live - list your ICO for only 5000 WINGS at https://wings.ai - over $650 Million raised by ICOs with WINGS
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December 19, 2013, 03:54:13 PM
 #2496

I'm looking to buy 50 msc at 0.132.

Please add my order and/or contact me directly. Thanks.
DGulari
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December 19, 2013, 04:18:24 PM
 #2497

No matter how much assurance I got, I just wouldn't type my private key into a web interface.  I guess if I spend the entire balance of an address I don't want to use anymore - that would work OK, but even then there are some clear security issues.  That is a sticky use of a web interface if you ask me. 

But otherwise I like it and it looks and feels clean and easy.  I guess since I trust Armory with my private keys I should also trust this too.  Tough call.

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prophetx
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December 19, 2013, 04:31:53 PM
 #2498

No matter how much assurance I got, I just wouldn't type my private key into a web interface.  I guess if I spend the entire balance of an address I don't want to use anymore - that would work OK, but even then there are some clear security issues.  That is a sticky use of a web interface if you ask me. 

But otherwise I like it and it looks and feels clean and easy.  I guess since I trust Armory with my private keys I should also trust this too.  Tough call.

Yes I had this concern as well.  I think it will take time to gain trust.  I still don't use any web wallet with btc...

WINGS Beta is live - list your ICO for only 5000 WINGS at https://wings.ai - over $650 Million raised by ICOs with WINGS
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December 19, 2013, 07:32:59 PM
 #2499

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

Is it just me? Huh

this is added to the wiki

feel free to log in there and add a logo, etc.

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December 19, 2013, 11:30:47 PM
 #2500

couple of things I noticed with masterxchange

-super high fees          followup:(they lowered them, they are acceptable now)
-6 hour withdrawal times
-they sell your msc to pay for withdrawal fees instead of just using the btc balance
-they send payments without miners fee    followup:(did eventually confirm)
-cant cancel pending withdrawals

I will be doing direct trades instead now.
PM me if your looking to buy MSC


followup: they emailed me saying they will refund 0.035 (~$25) for the withdrawal fees. thanks
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