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Author Topic: MasterCoin Buyer/Seller Thread  (Read 225167 times)
peled1986
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January 08, 2014, 10:48:20 AM
 #2861

"keep calm"   Cool

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tantanbit
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January 08, 2014, 10:53:41 AM
 #2862

what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
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January 08, 2014, 11:01:33 AM
 #2863

what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
jr could't be so stupid ,so  this is a plan,just to disperse  msc to  make  more people in this system
littleblue
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January 08, 2014, 11:26:52 AM
 #2864

what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
jr could't be so stupid ,so  this is a plan,just to disperse  msc to  make  more people in this system
是吗?为了让更多人参与?所以要便宜?那不要钱岂不是参与的人更多。。very very much!
stereotype
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January 08, 2014, 11:42:49 AM
 #2865

"keep calm"   Cool


Looks like panic to me, and looks like JR will need to move a decimal place to 0.07

Would be great to see some meaningful delivery of the many fine words and claims of MSC made at many talks/conferences/radio shows etc, but maybe now people feel like its the time to re-value the current reality. 'Speculation' has been expended here, sadly.
 
Considering MSC is now competing (where it had a head start), is it time to 'put up or shut up', or is the expectation that this is going to be a slow burner?  



tantanbit
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January 08, 2014, 11:45:26 AM
 #2866

what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
jr could't be so stupid ,so  this is a plan,just to disperse  msc to  make  more people in this system
是吗?为了让更多人参与?所以要便宜?那不要钱岂不是参与的人更多。。very very much!
确实,不管出于什么目的,真的很傻逼,确实很傻逼。really really stupid
klee
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January 08, 2014, 11:52:50 AM
 #2867

Too bad honesty is so much punished in trading  Undecided
But he should have known that...

jeroenn13
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January 08, 2014, 12:00:00 PM
 #2868

These panic selling are temporary.
If anyone took the time to understand the project he/she should know this is a great investment.
klee
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January 08, 2014, 12:01:35 PM
 #2869

These panic selling are temporary.
If anyone took the time to understand the project he/she should know this is a great investment.
This is not fall 2013...
stereotype
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January 08, 2014, 12:02:00 PM
 #2870

Too bad honesty is so much punished in trading  Undecided
But he should have known that...



Yep, and i appreciate that honesty and respect that, but the truth comes out and shows itself over time, anyway.

This could get bumpy.  Undecided  
littleblue
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January 08, 2014, 12:11:31 PM
 #2871

what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
jr could't be so stupid ,so  this is a plan,just to disperse  msc to  make  more people in this system
是吗?为了让更多人参与?所以要便宜?那不要钱岂不是参与的人更多。。very very much!
确实,不管出于什么目的,真的很傻逼,确实很傻逼。really really stupid
不过现在倒是一个机会。。 Grin
bitwhizz
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January 08, 2014, 12:16:21 PM
 #2872

I don;t get the panic, all this means is that JR will own less, and masteroin is gradually being less decentralised, this is great!
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January 08, 2014, 12:22:02 PM
 #2873

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/


What a good decision!!!You do not know you are beating yourself?My God!

stereotype
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January 08, 2014, 12:23:25 PM
 #2874

I don;t get the panic, all this means is that JR will own less, and masteroin is gradually being less decentralised, this is great!

Too little, too late.
bitwhizz
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January 08, 2014, 12:33:00 PM
 #2875

I don;t get the panic, all this means is that JR will own less, and masteroin is gradually being less decentralised, this is great!

Too little, too late.
If mastercoin achieves what it could based on the idea. RIght now isn;t late, right now is really early for JR to be releasing the coins,
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January 08, 2014, 12:37:34 PM
 #2876

I don;t get the panic, all this means is that JR will own less, and masteroin is gradually being less decentralised, this is great!

Too little, too late.
If mastercoin achieves what it could based on the idea. RIght now isn;t late, right now is really early for JR to be releasing the coins,
Antagonism.Now.Exists.
Herp
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January 08, 2014, 01:46:58 PM
 #2877

Ron just made this comment on Reddit

Quote
Great move J.R

I just want to emphasize that J.R is committed to Mastercoin, and the very reason he is finally taking this move, is to enable him to make the plunge, quit his job, and dedicate his time position with Mastercoin. Also some diversification never hurt anyone.

I believe this would be a terrific day for Mastercoin when that happens.

Also, I noticed that J.R didn't specify a spot price, but rather referenced the market price. J.R - I think that given this large sell, you definitely need to decide on a specific price you're selling at, otherwise people will try to manipulate the market and lower the MSC rate because they think they can buy cheaply from you. I'm sure there's a price floor that you won't sell under - I advise revealing this to the market.

http://www.reddit.com/r/mastercoin/comments/1uo0ft/buy_mastercoins_directly_from_jr_founder_of/cekd3r9


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BldSwtTrs
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January 08, 2014, 02:10:06 PM
 #2878

Funny how when the price goes down it's because of manipulators.

Odds are that J.R's announcement is a catalyst for a reality check : overpromise and underdelivery.

But I guess Mastercoin's guys will go with the animist tropism of the manipulators explanation to protect their ego.
inbox
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January 08, 2014, 02:12:03 PM
 #2879

We can organize a group buy thread, or have J.R auction off blocks of msc. Something I would be interested in.
Herp
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January 08, 2014, 02:18:07 PM
 #2880

Funny how when the price goes down it's because of manipulators.

Odds are that J.R's announcement is a catalyst for a reality check : overpromise and underdelivery.

But I guess Mastercoin's guys will go with the animist tropism of the manipulators explanation to protect their ego.

I think it makes sense to go in full time and have the best brain (the founder) 100% behind the project.

They've hired some full time devs not long ago. A dedicated mastercoin exchange was launched recently. I'd say nice progress is being made.


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DECENT
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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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