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Author Topic: MasterCoin Buyer/Seller Thread  (Read 225270 times)
stereotype
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December 20, 2013, 02:17:07 PM
 #2521

Looking to buy more MSC @ 0.135 in quantities up to 1000 MSC.  PM me with offers.
LOL, are you serious?1 msc at 0.135BTC, times change! good luck! Grin

And so do peoples identities   Wink
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December 20, 2013, 02:25:24 PM
 #2522

We're happy to annonce a set of changes on https://masterxchange.com:

We listened to the community and understood our first settings of fees were off so as of today, we have lowered trading fees to 0.9%.
We removed withdraw fees for Bitcoin withdrawals (appart from usual miners' fee), and lowered Mastercoin withdrawals fees to 0.005 BTC.
We hope this will still prevent us from being flooded by manual withdrawal requests and be acceptable for everyone.

As it as been suggested in this thread, we have set an even lower fee to start with. Until january the 5th, trading fees are lowered to 0.3%.
We hope this will give the community the chance to realize our service is reliable and we are trustworthy.

Also, we'll refund previous withdraw fees.

As always, questions and feedbacks are welcome.

Congrats

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December 20, 2013, 03:25:14 PM
 #2523

Selling 30 msc at 0.175

edit: i updated my masterxchange post on the last page to follow up.
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December 20, 2013, 04:45:17 PM
 #2524

hello,sell 300 msc @0.18.  i need btc
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December 20, 2013, 05:17:51 PM
 #2525

Guys: check out this Mastercoin price charts page somebody made: http://www.mastercoin.it/#

I can't figure out where their data is coming from though . . .

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December 20, 2013, 07:33:24 PM
 #2526

I can't figure out where their data is coming from though . . .
Look closely at the data - you will be able to tell instantly that they are pulling it out of their ass.  The purported resolution is far higher than the volume of sales.  But it is a very cool model which will be wonderful once the actual market becomes more active.  I think they did an excellent job.  Not to be critical about dry labbing the data to get started. 
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December 20, 2013, 07:46:46 PM
 #2527

Hello professor handsome.

We discovered mastercoins 4 weeks ago, fell in love with the concept decided to do something with it and try to participate in the community. We saw a need for an exchange that only felt logical to fill.

The trading volume on mastercoin right now is almost non existent, either on our exchange or outside of it. Still, we'll now offer a fee that is only slighty higher than mtgox or other exchanges, for a currency where we do not have any competitor in the space, but for a volume almost non existent.

There is a bounty for an exchange, which we did not even get. We did all this work without touching one of the numerous bounties.

On top of that, the main feature that will be developed is a distributed exchange which if working as expected, will almost be the end of our business.

There is no official client, so we risk missing a transaction at any time or having a bug on the transaction. We were sick to see the users comments and tried to do our best to answer them.

And we'll keep doing that.

Maybe we were completly inexperienced in setting up fees, we corrected that in 48h. We worked very very hard for weeks putting our experience and our sweat in this project.

Now if you still feel we are asshole money grabber, fine. I am not gonna argue more than that, but at least I would have tried once.


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December 20, 2013, 08:13:58 PM
 #2528

There is a bounty for an exchange, which we did not even get. We did all this work without touching one of the numerous bounties.
You did 'all this work' - because you see a profit from fees.  And here you speak as if you did it from an altruistic point of view.  WTF?  If you fee based business model doesn't pan out, you aren't going to get credit for 'helping' us out.  Your exorbitant fee model wasn't found to be appealing to users.  That is all.

Maybe we were completly inexperienced in setting up fees, we corrected that in 48h. We worked very very hard for weeks putting our experience and our sweat in this project.
Glad you did this.  But I hope next thing you will build finds a far better result.  I'd recommend that you build something which doesn't have a clear replacement on the horizon - like the DEx.  Building something which is sure to be obsolete in a few weeks is a good route to failure if you ask me.

Now if you still feel we are asshole money grabber, fine. I am not gonna argue more than that, but at least I would have tried once.
Nobody thinks you are an asshole money grabber - you just fucked up.  No big deal.  I've done that before.  Just use the lessons learned and go forward.  I'll bet every project you do from now on will be focus on providing a great service - before you announce high fees. 

The DEx is going to be cool.  But there are still 10,000 cool Mastercoin things which need to be built in addition to the DEx.  Can't you please go work on one of these?  The community loves your participation - but you'll be slaughtered in an instant if you prove your system is valuable before announcing how much money you'll be taking from people. 

Learn, live. Move on.  Please find another cool thing to spend your efforts on until everyone in Mastercoin is begging you to take their money.
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December 20, 2013, 08:18:39 PM
 #2529

There is a bounty for an exchange, which we did not even get. We did all this work without touching one of the numerous bounties.
You did 'all this work' - because you see a profit from fees.  And here you speak as if you did it from an altruistic point of view.  WTF?  If you fee based business model doesn't pan out, you aren't going to get credit for 'helping' us out.  Your exorbitant fee model wasn't found to be appealing to users.  That is all.


Exactly. I meant that since we were not awarded a bounty, it felt legitimate to reward ourselves with fee.

Thanks for your suggestions.

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December 20, 2013, 08:32:56 PM
 #2530

Can't you please go work on one of these?  The community loves your participation - but you'll be slaughtered in an instant if you prove your system is valuable before announcing how much money you'll be taking from people. 


I suppose you meant it the other way Wink

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December 20, 2013, 08:42:44 PM
 #2531

Can't you please go work on one of these?  The community loves your participation - but you'll be slaughtered in an instant if you prove your system is valuable before announcing how much money you'll be taking from people. 


I suppose you meant it the other way Wink
Ooops - of course.  Just insert a " - " sign in there somewhere.


But this is the line you should focus on...
But there are still 10,000 cool Mastercoin things which need to be built

If we had 100 more guys like you with energy and good attitude - and each started building a very cool tool - there'd still be 9,900 more things to be built.  There are loads of things to make.  Don't get discouraged that you managed to stir nothing but backlash in the beginning.  That just made you WAY smarter for your next project.  Now, quit fucking around on the internet and get back to work.
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December 20, 2013, 08:44:43 PM
 #2532


If we had 100 more guys like you with energy and good attitude - and each started building a very cool tool - there'd still be 9,900 more things to be built.  There are loads of things to make.  Don't get discouraged that you managed to stir nothing but backlash in the beginning.  That just made you WAY smarter for your next project.  Now, quit fucking around on the internet and get back to work.


Thanks sir Smiley

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klee
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December 20, 2013, 08:51:10 PM
 #2533


If we had 100 more guys like you with energy and good attitude - and each started building a very cool tool - there'd still be 9,900 more things to be built.  There are loads of things to make.  Don't get discouraged that you managed to stir nothing but backlash in the beginning.  That just made you WAY smarter for your next project.  Now, quit fucking around on the internet and get back to work.


Thanks sir Smiley
Please stop quoting trolls!
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December 20, 2013, 08:59:22 PM
 #2534


Thanks sir Smiley
Please stop quoting trolls!
What's your contribution you fucking moron?

Do my comments about encouraging the guy to keep working despite his earlier difficulties seem like trolling to you?  Do you understand what 'trolling' means?  You follow my every comment and write 'troll' after it.  Yet you claim that I am on 'ignore'. What is your point?  Did you find out I was sleeping with your girlfriend? Again?
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December 21, 2013, 12:58:45 AM
 #2535

I am no longer selling any MSC
This is sad.  The market will miss you.  Do you want to buy some?
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December 21, 2013, 01:52:30 AM
 #2536

Nice to see 0.33btc/msc price being bought on masterxchange.
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December 21, 2013, 02:03:22 AM
 #2537

Nice to see 0.33btc/msc price being bought on masterxchange.
What?  is this a real transaction?  Someone paid .33?  Why didn't they buy from all the .2 sellers on the other exchanges?



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December 21, 2013, 02:09:47 AM
 #2538

Yes, this is a real transaction. The market is really illiquid however so it does not mean much.

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December 21, 2013, 02:11:29 AM
 #2539

Nice to see 0.33btc/msc price being bought on masterxchange.
What?  is this a real transaction?  Someone paid .33?  Why didn't they buy from all the .2 sellers on the other exchanges?

Even @ .33 it's still a lot cheaper then buymastercoins.
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December 21, 2013, 02:17:50 AM
 #2540

Nice to see 0.33btc/msc price being bought on masterxchange.
What?  is this a real transaction?  Someone paid .33?  Why didn't they buy from all the .2 sellers on the other exchanges?

Even @ .33 it's still a lot cheaper then buymastercoins.
lol true.  But at buymastercoins they offer security and convenience - so you've always got that value added to look forward to.  I wouldn't want to be inconvenienced using other systems.  Sometimes paying more for security just make me feel good. 



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