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Author Topic: MasterCoin Buyer/Seller Thread  (Read 225269 times)
marcelus
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January 12, 2014, 11:50:09 AM
 #3001

Some large holders - one in particular over the past 2 weeks it would seem judging from the mastercoin-explorer - are selling at a faster rate than the incoming bids and are driving the market lower. The volume on the exchange cannot support the large quantities they are trying to sell so quickly. The entire bid volume is just 39 BTC at the moment. Either the sellers are going to have to adjust their expectations on how fast they can sell or the price will keep dropping. I suppose this is good news for people that want to invest in MSC.
Yeah, it's called: 'a free market'.  Less buyers, more sellers = price change.  No big deal.  This is probably no reflection on the ultimate success of the project.  One guy with a impending tax bill and a bit of wife panic can severely crash the price in a light volume market.  As long as Tachikoma and Zathras keep kicking ass, the price will get a nice rebound when services are enabled.  Be patient. Keep calm and live on.
+1

Yeah nail on the head. Volume is pitiful. The market would crash 25% if Tachikoma caught a cold.
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January 12, 2014, 12:06:46 PM
 #3002

cheap mastercoinssssssss    https://www.masterxchange.com/market.php
littleblue
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January 12, 2014, 12:23:56 PM
 #3003

Some large holders - one in particular over the past 2 weeks it would seem judging from the mastercoin-explorer - are selling at a faster rate than the incoming bids and are driving the market lower. The volume on the exchange cannot support the large quantities they are trying to sell so quickly. The entire bid volume is just 39 BTC at the moment. Either the sellers are going to have to adjust their expectations on how fast they can sell or the price will keep dropping. I suppose this is good news for people that want to invest in MSC.
Yeah, it's called: 'a free market'.  Less buyers, more sellers = price change.  No big deal.  This is probably no reflection on the ultimate success of the project.  One guy with a impending tax bill and a bit of wife panic can severely crash the price in a light volume market.  As long as Tachikoma and Zathras keep kicking ass, the price will get a nice rebound when services are enabled.  Be patient. Keep calm and live on.
+1

Yeah nail on the head. Volume is pitiful. The market would crash 25% if Tachikoma caught a cold.
+3
watuba
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January 12, 2014, 12:27:10 PM
 #3004

Some large holders - one in particular over the past 2 weeks it would seem judging from the mastercoin-explorer - are selling at a faster rate than the incoming bids and are driving the market lower. The volume on the exchange cannot support the large quantities they are trying to sell so quickly. The entire bid volume is just 39 BTC at the moment. Either the sellers are going to have to adjust their expectations on how fast they can sell or the price will keep dropping. I suppose this is good news for people that want to invest in MSC.
Yeah, it's called: 'a free market'.  Less buyers, more sellers = price change.  No big deal.  This is probably no reflection on the ultimate success of the project.  One guy with a impending tax bill and a bit of wife panic can severely crash the price in a light volume market.  As long as Tachikoma and Zathras keep kicking ass, the price will get a nice rebound when services are enabled.  Be patient. Keep calm and live on.
+1

Yeah nail on the head. Volume is pitiful. The market would crash 25% if Tachikoma caught a cold.
+3

Let's keep selling and try to get it down to exodus address ipo prices.

littleblue
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January 12, 2014, 12:30:00 PM
 #3005

Some large holders - one in particular over the past 2 weeks it would seem judging from the mastercoin-explorer - are selling at a faster rate than the incoming bids and are driving the market lower. The volume on the exchange cannot support the large quantities they are trying to sell so quickly. The entire bid volume is just 39 BTC at the moment. Either the sellers are going to have to adjust their expectations on how fast they can sell or the price will keep dropping. I suppose this is good news for people that want to invest in MSC.
Yeah, it's called: 'a free market'.  Less buyers, more sellers = price change.  No big deal.  This is probably no reflection on the ultimate success of the project.  One guy with a impending tax bill and a bit of wife panic can severely crash the price in a light volume market.  As long as Tachikoma and Zathras keep kicking ass, the price will get a nice rebound when services are enabled.  Be patient. Keep calm and live on.
+1

Yeah nail on the head. Volume is pitiful. The market would crash 25% if Tachikoma caught a cold.
+3

Let's keep selling and try to get it down to exodus address ipo prices.
你想得美  Grin Wink Grin
Mk2vr6
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January 12, 2014, 01:20:54 PM
 #3006

Looking to buy 10MSC. Whats the best price currently?
mishax1
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January 12, 2014, 01:21:49 PM
 #3007

Looking to buy 10MSC. Whats the best price currently?
https://www.masterxchange.com/market.php
hmmmstrange
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January 12, 2014, 01:23:02 PM
 #3008

Let's keep selling and try to get it down to exodus address ipo prices.

I take it you are joking but we are a lot closer to IPO prices then many think. Masterxchange has 26BTC of bids for over 9k mastercoins.
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January 12, 2014, 10:25:59 PM
 #3009


I take it you are joking but we are a lot closer to IPO prices then many think. Masterxchange has 26BTC of bids for over 9k mastercoins.

It's more about 50 BTC of bids for around 1k mastercoins of asks (250 BTC). Most of the mastercoins on the site are in users accounts and not actually for sell.

The first Mastercoin / Bitcoin exchange : https://masterxchange.com
Predict the futur price of Bitcoin and win on http://btcoracle.com
Try Return 2 Arcadia on Kongregate : http://www.kongregate.com/games/ElDido/return-2-arcadia !
Patel
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January 12, 2014, 11:14:32 PM
 #3010

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC).

How is the selling going, JR?
malevolent
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January 12, 2014, 11:29:23 PM
 #3011

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC).

How is the selling going, JR?

Seems like it wasn't the best idea to do it this early  Cheesy

jeroenn13
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January 12, 2014, 11:58:43 PM
 #3012

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC).

How is the selling going, JR?

Seems like it wasn't the best idea to do it this early  Cheesy



Or he already sold it.
Herp
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January 13, 2014, 12:06:43 AM
 #3013

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC).

How is the selling going, JR?

Seems like it wasn't the best idea to do it this early  Cheesy



Or he already sold it.

Did he announce it somewhere?


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hmmmstrange
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January 13, 2014, 01:20:32 AM
 #3014

I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC).

How is the selling going, JR?

Seems like it wasn't the best idea to do it this early  Cheesy



Or he already sold it.

Unless he sold the private keys, he hasn't moved a single coin yet.
SyRenity
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January 13, 2014, 01:21:53 AM
 #3015

Unless he sold the private keys, he hasn't moved a single coin yet.

What was the big deep on mscxchange in middle of this week then?
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January 13, 2014, 01:23:52 AM
 #3016

hi all, if you use or don't use the mastercoin forums (http://talk.mastercoin.org), can you vote on them, we want to see if people like or don't like them:

https://talk.mastercoin.org/index.php?p=/discussion/87/what-do-you-think-of-the-current-forum-s-user-interface?new=1

WINGS - get paid to forecast ICO valuations http://experimental.wings.ai - over $5 million in new token and Ether pay outs already
SyRenity
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January 13, 2014, 10:03:53 AM
 #3017

Hmm, seems a lot of weak hands recently who dropped the value all the way to 0.14.

I wonder is this due to J.R. sell-out or NXT taking the lead?
peled1986
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January 13, 2014, 10:15:43 AM
 #3018

Hmm, seems a lot of weak hands recently who dropped the value all the way to 0.14.
I wonder is this due to J.R. sell-out or NXT taking the lead?

(1) NXT is dropping also.
(2) i think the the main reason for the drop in MSC value is because masterxchange makes it very easy to sell/dump MSC for the big Exodus holders. (J.R announcement was the "gun-shot" but at list he is doing it outside the exchanges in a responsible way)
(3) for the long run the Exodus holders “dumping” is a good thing. It makes MSC less centralized at cheaper rate for newcomers.

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FTWbitcoinFTW
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January 13, 2014, 10:26:25 AM
 #3019

Quote
or NXT taking the lead?
You made my day, thanks  Grin

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..
SyRenity
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January 13, 2014, 10:36:06 AM
 #3020

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or NXT taking the lead?
You made my day, thanks  Grin

Care to explain?
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