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Author Topic: MasterCoin Buyer/Seller Thread  (Read 222055 times)
Patel
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January 08, 2014, 12:47:29 AM
 #2841

Again, this is only 3-6% of what I have, and I'm only selling to pay a big tax bill

3-6% at todays prices gives you back your initial ~1500btc investment.

So basically, all the other 141k MSC is pure profit for you.
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klee
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January 08, 2014, 12:50:41 AM
 #2842

He is in deeper shit than you & me bro leave him alone - dacoin is the best guy in this forum, I mean it...

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January 08, 2014, 12:52:14 AM
 #2843

Again, this is only 3-6% of what I have, and I'm only selling to pay a big tax bill

3-6% at todays prices gives you back your initial ~1500btc investment.

So basically, all the other 141k MSC is pure profit for you.

Hey, when you put it that way, it doesn't seem quite so painful. Thanks!

My problem has been comparing the current price to what I think it WILL be worth, which makes me want to cry, but that is a much better way to think about it.

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January 08, 2014, 12:52:31 AM
 #2844

He is in deeper shit than you & me bro leave him alone - dacoin is the best guy in this forum, I mean it...
ya i'm not giving him a hard time, I am just pointing it out.
Herp
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January 08, 2014, 01:56:28 AM
 #2845

Nice to see you going into Mastercoin full time. It's the right call.


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BitThink
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January 08, 2014, 02:34:15 AM
 #2846

My Mastercoin friends,

Given all the competition we've seen in this field lately, I no longer feel I can afford to wait for a sky-high price I like before selling some Mastercoins and jumping into the fray full-time. (As you all know, I've never sold a single one of my own Mastercoins, and I've been persistently disdainful of the market price so far).

I had a meeting with my tax advisor, and I'm going to have a HUGE tax bill due in April, so even if I wanted to wait longer, I cannot. So, I'm going to commence selling small amounts on the exchanges and see how it goes. Over the next few days, I will be placing small sell orders above the market price on various exchanges. I'm not in a hurry, and you won't see me dumping a lot of coins onto the bids or anything like that.

IF YOU WOULD LIKE TO PURCHASE A LARGE CHUNK OF MASTERCOINS WITHOUT MOVING THE MARKET, THIS IS YOUR CHANCE. Please PM me if you would like to get a large chunk of MSC around current market prices. For very large purchases (100 BTC+), I may consider selling slightly below market if you can convince me you are making a long-term investment. Several of you have reached out to me in the past asking to make large purchases of this sort, and I told you I wasn't selling. Now I am.

Please don't PM me about small orders (< 5 BTC). You can easily buy those quantities on the exchanges if you like.

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC). If there is a big buyer right now, I may do it sooner, otherwise it may be later in the year. If I haven't sold them by August 1st 2014, I'll sell more aggressively, as I will have held them for a year and I'll only have to pay long-term capital gain taxes.

I believe very strongly in Mastercoin, but something like 99% of my personal net worth is currently in Mastercoin, and Ron has convinced me that I have to do SOME diversification, especially since that will allow me to quit my dayjob and throw myself headlong down this rabbit hole Smiley

Thanks!

-J.R.

Also posted this on reddit: http://www.reddit.com/r/mastercoin/comments/1uo0ft/buy_mastercoins_directly_from_jr_founder_of/


I think this is good for mastercoin, as long as after selling you could be full time on it. It also helps distribution to be better.

The progress of mastercoin is extremely slow, considering what the competitors have done. A client has to be out in at most one month, and an exchange has to be out in at most two months. Otherwise, I don't think it has a good chance to survive anymore.
Herp
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January 08, 2014, 02:38:02 AM
 #2847

My Mastercoin friends,

Given all the competition we've seen in this field lately, I no longer feel I can afford to wait for a sky-high price I like before selling some Mastercoins and jumping into the fray full-time. (As you all know, I've never sold a single one of my own Mastercoins, and I've been persistently disdainful of the market price so far).

I had a meeting with my tax advisor, and I'm going to have a HUGE tax bill due in April, so even if I wanted to wait longer, I cannot. So, I'm going to commence selling small amounts on the exchanges and see how it goes. Over the next few days, I will be placing small sell orders above the market price on various exchanges. I'm not in a hurry, and you won't see me dumping a lot of coins onto the bids or anything like that.

IF YOU WOULD LIKE TO PURCHASE A LARGE CHUNK OF MASTERCOINS WITHOUT MOVING THE MARKET, THIS IS YOUR CHANCE. Please PM me if you would like to get a large chunk of MSC around current market prices. For very large purchases (100 BTC+), I may consider selling slightly below market if you can convince me you are making a long-term investment. Several of you have reached out to me in the past asking to make large purchases of this sort, and I told you I wasn't selling. Now I am.

Please don't PM me about small orders (< 5 BTC). You can easily buy those quantities on the exchanges if you like.

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC). If there is a big buyer right now, I may do it sooner, otherwise it may be later in the year. If I haven't sold them by August 1st 2014, I'll sell more aggressively, as I will have held them for a year and I'll only have to pay long-term capital gain taxes.

I believe very strongly in Mastercoin, but something like 99% of my personal net worth is currently in Mastercoin, and Ron has convinced me that I have to do SOME diversification, especially since that will allow me to quit my dayjob and throw myself headlong down this rabbit hole Smiley

Thanks!

-J.R.

Also posted this on reddit: http://www.reddit.com/r/mastercoin/comments/1uo0ft/buy_mastercoins_directly_from_jr_founder_of/


I think this is good for mastercoin, as long as after selling you could be full time on it. It also helps distribution to be better.

The progress of mastercoin is extremely slow, considering what the competitors have done. A client has to be out in at most one month, and an exchange has to be out in at most two months. Otherwise, I don't think it has a good chance to survive anymore.

He should be full time starting yesterday not after the sale.


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DECENT
FOUNDATION



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[D]ecentralized application
[E]liminated third parties
[C]ontent distribution



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[E]ncrypted & secure
[N]o borders
[T]imeless reputation



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TKeenan
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January 08, 2014, 02:57:15 AM
 #2848

He should be full time starting yesterday not after the sale.
Why the fuck isn't Ron leading the effort?  The guy is a complete no show!
Herp
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January 08, 2014, 03:01:40 AM
 #2849

He should be full time starting yesterday not after the sale.
Why the fuck isn't Ron leading the effort?  The guy is a complete no show!
Don't know about that. Ron has been very hands on lately participating in many conferences promoting Mastercoin. He seems pretty involved.


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[D]ecentralized application
[E]liminated third parties
[C]ontent distribution



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[E]ncrypted & secure
[N]o borders
[T]imeless reputation



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TKeenan
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January 08, 2014, 03:11:12 AM
 #2850

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC).
That's $1 - $2Million.  How the F did your tax bill get so high?
cremstopper
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January 08, 2014, 03:15:43 AM
 #2851

23.5 MSC to sell at 0.19 BTC each.

NEM
littleblue
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January 08, 2014, 04:00:00 AM
 #2852

Nice to see you going into Mastercoin full time. It's the right call.
+1

+2
tantanbit
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January 08, 2014, 06:12:32 AM
 #2853

Interesting. I guess the bitmessage sells on mcoin.io are dacoinminster's.

I actually haven't started yet.  Smiley
this is really unwise. by the way ,how about the client
tantanbit
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January 08, 2014, 06:58:20 AM
 #2854

Interesting. I guess the bitmessage sells on mcoin.io are dacoinminster's.

I actually haven't started yet.  Smiley
this is really unwise. by the way ,how about the client

make me think there never gono to be a client
tantanbit
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January 08, 2014, 08:12:16 AM
 #2855

even  jr  can‘t wait for the client,which means  there will never be a client  recent time
hill
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January 08, 2014, 08:47:41 AM
 #2856

Nice to see you going into Mastercoin full time. It's the right call.
+1

+2
+3

Good Luck For Everyone!
littleblue
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January 08, 2014, 08:49:31 AM
 #2857

even  jr  can‘t wait for the client,which means  there will never be a client  recent time

MAYBE! WTF! WHERE IS CLIENT(OR  MSC-WALLET )?
WTF MSC GOING ON ?
WTF MSC!
stereotype
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January 08, 2014, 09:17:26 AM
 #2858

Looking to sell 20MSC @ 0.165. Escrow, if required.
FTWbitcoinFTW
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January 08, 2014, 09:47:55 AM
 #2859

Cheap MSC Smiley


Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
it has lots of buttery taste..
Faraday
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January 08, 2014, 10:16:14 AM
 #2860

Selling 200 MSC at .14 BTC each. PM Smiley Smaller amounts ok.
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