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Author Topic: MasterCoin Buyer/Seller Thread  (Read 221918 times)
marcelus
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January 21, 2014, 07:26:24 PM
 #3141

i agree.
i think this is one of the reason Dogecoin is successful.
small time investors can join-in with small risk.


I think it's more that they (incorrectly) perceive more opportunity with smaller prices per unit. It's really very silly but if a large proportion of people think that way, it makes sense to vary the offering Smiley
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Herp
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January 21, 2014, 08:07:09 PM
 #3142


This only makes sense if you'd like to attract silly speculators and mathematical cripples to the community.  Let them migrate to NXT and Dogecoin.  Those folks make no contribution whatever.  

While I see your point and understand where you're coming from, I can't agree with you one bit.

The fact they are buying coins is a very strong contribution to the development efforts. A lost opportunity for Mastercoin. Doge Coin will soon surpass MSC market cap. What a joke that will be.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far. Thank god for Ron's presentations otherwise very few would have heard about Mastercoin.


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crazy_rabbit
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January 21, 2014, 08:27:32 PM
 #3143


This only makes sense if you'd like to attract silly speculators and mathematical cripples to the community.  Let them migrate to NXT and Dogecoin.  Those folks make no contribution whatever. 

While I see your point and understand where you're coming from, I can't agree with you one bit.

The fact they are buying coins is a very strong contribution to the development efforts. A lost opportunity for Mastercoin. Doge Coin will soon surpass MSC market cap. What a joke that will be.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far. Thank god for Ron's presentations otherwise very few would have heard about Mastercoin.

Exactly. Maybe you could say that 99% of people are stupid, but I for one, still want their money. (I know I'll get quoted on that some day). Personally I don't think they are stupid, it's just a mental shortcut. The same way we buy things for 9.99 instead of 10. It's not stupidity, it's the mental shortcuts that the vast majority of humans make every day because they aren't computers and just want to skip to the fun stuff and stop taking things so deadly serious.

Yes I want to attract the mathematical cripples, and you should too. Gambling is for mathematical cripples, but it's damn good business and it will incentivise the mathematical geniuses to make something even more genius for which the mathematical cripples will bring even more money. The point of bitcoin is to make the world a better place through math. It's not to make the world a better place just for people who are good at math.

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January 21, 2014, 08:28:57 PM
 #3144

1/17/2013 I have completed raising funds to work full-time on Mastercoin! Please be on the lookout for major announcements soon Smiley

SWEET!

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Herp
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January 21, 2014, 08:37:35 PM
 #3145


This only makes sense if you'd like to attract silly speculators and mathematical cripples to the community.  Let them migrate to NXT and Dogecoin.  Those folks make no contribution whatever.  

While I see your point and understand where you're coming from, I can't agree with you one bit.

The fact they are buying coins is a very strong contribution to the development efforts. A lost opportunity for Mastercoin. Doge Coin will soon surpass MSC market cap. What a joke that will be.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far. Thank god for Ron's presentations otherwise very few would have heard about Mastercoin.

Exactly. Maybe you could say that 99% of people are stupid, but I for one, still want their money. (I know I'll get quoted on that some day). Personally I don't think they are stupid, it's just a mental shortcut. The same way we buy things for 9.99 instead of 10. It's not stupidity, it's the mental shortcuts that the vast majority of humans make every day because they aren't computers and just want to skip to the fun stuff and stop taking things so deadly serious.

Yes I want to attract the mathematical cripples, and you should too. Gambling is for mathematical cripples, but it's damn good business and it will incentivise the mathematical geniuses to make something even more genius for which the mathematical cripples will bring even more money. The point of bitcoin is to make the world a better place through math. It's not to make the world a better place just for people who are good at math.

Indeed and more and more people these days shy away from technical studies and go with humanist shit. That's the reality. A mastercoin with just few math and cryptogeeks would be a pretty sad and lonely coin. Get that people?

A coin needs to be inclusive rather than exclusive to be successful.


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prophetx
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January 21, 2014, 10:13:48 PM
 #3146


This only makes sense if you'd like to attract silly speculators and mathematical cripples to the community.  Let them migrate to NXT and Dogecoin.  Those folks make no contribution whatever.  

While I see your point and understand where you're coming from, I can't agree with you one bit.

The fact they are buying coins is a very strong contribution to the development efforts. A lost opportunity for Mastercoin. Doge Coin will soon surpass MSC market cap. What a joke that will be.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far. Thank god for Ron's presentations otherwise very few would have heard about Mastercoin.

The reason why Doge will surpass Mastercoin is because it is actually listed on exchanges people use and there is a wide wealth distribution.  The exchange issue is the same for NXT.  When people do not have wallets and exchanges to use to actually obtain coins it is pointless to throw tons of money to marketing.  In fact just 2 months ago people were complaining about spending just 18k on a PR firm.

One can see here that the traffic to the website and social media is on par with similar coins, sometimes even higher, however none of this traffic gets converted into wallet users and therefor buyers on exchanges, because the software is till being developed.

https://docs.google.com/drawings/d/1F0sz4g5D5RxnwJuFgTe5No1l1WDH8Qmij9Ys1rbJ9LQ/pub?w=6663&h=2874


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Herp
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January 21, 2014, 10:25:34 PM
 #3147


This only makes sense if you'd like to attract silly speculators and mathematical cripples to the community.  Let them migrate to NXT and Dogecoin.  Those folks make no contribution whatever.  

While I see your point and understand where you're coming from, I can't agree with you one bit.

The fact they are buying coins is a very strong contribution to the development efforts. A lost opportunity for Mastercoin. Doge Coin will soon surpass MSC market cap. What a joke that will be.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far. Thank god for Ron's presentations otherwise very few would have heard about Mastercoin.

The reason why Doge will surpass Mastercoin is because it is actually listed on exchanges people use and there is a wide wealth distribution.  The exchange issue is the same for NXT.  When people do not have wallets and exchanges to use to actually obtain coins it is pointless to throw tons of money to marketing.  In fact just 2 months ago people were complaining about spending just 18k on a PR firm.

One can see here that the traffic to the website and social media is on par with similar coins, sometimes even higher, however none of this traffic gets converted into wallet users and therefor buyers on exchanges, because the software is till being developed.

https://docs.google.com/drawings/d/1F0sz4g5D5RxnwJuFgTe5No1l1WDH8Qmij9Ys1rbJ9LQ/pub?w=6663&h=2874



I don't argue the importance of being listed on exchanges, by the contrary. I guess you need to ask yourself why a joke coin like Doge managed to get listed on so many exchanges while Mastercoin didn't have much success in doing so. Perhaps it's an issue that needs a quick fix.


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prophetx
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January 21, 2014, 10:43:13 PM
 #3148


This only makes sense if you'd like to attract silly speculators and mathematical cripples to the community.  Let them migrate to NXT and Dogecoin.  Those folks make no contribution whatever.  

While I see your point and understand where you're coming from, I can't agree with you one bit.

The fact they are buying coins is a very strong contribution to the development efforts. A lost opportunity for Mastercoin. Doge Coin will soon surpass MSC market cap. What a joke that will be.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far. Thank god for Ron's presentations otherwise very few would have heard about Mastercoin.

The reason why Doge will surpass Mastercoin is because it is actually listed on exchanges people use and there is a wide wealth distribution.  The exchange issue is the same for NXT.  When people do not have wallets and exchanges to use to actually obtain coins it is pointless to throw tons of money to marketing.  In fact just 2 months ago people were complaining about spending just 18k on a PR firm.

One can see here that the traffic to the website and social media is on par with similar coins, sometimes even higher, however none of this traffic gets converted into wallet users and therefor buyers on exchanges, because the software is till being developed.

https://docs.google.com/drawings/d/1F0sz4g5D5RxnwJuFgTe5No1l1WDH8Qmij9Ys1rbJ9LQ/pub?w=6663&h=2874



I don't argue the importance of being listed on exchanges, by the contrary. I guess you need to ask yourself why a joke coin like Doge managed to get listed on so many exchanges while Mastercoin didn't have much success in doing so. Perhaps it's an issue that needs a quick fix.
The dogecoin tech is a straight up knockoff of litecoin code, it probably takes about 15 minutes for my mother to integrate it into any other software that's been integrated with bitcoind or litecoind JSON RPC api.

Mastercoin on the other hand is implementing new features and so it has a unique API.

We have had a few exchanges that wanted to put MSC in but we ran into a few problems 1) API was not ready 2) wallets/code had not been tested (happening now!) 3) because of 1 and 2 doing it like how masterxchange did it (Bless their hearts) would have taken a couple smart guys putting in a few weeks and testing.  See this: http://wiki.mastercoin.org/index.php/Exchange_%26_Wallet_Integration_Guide

There are a lot of people working on this and it will happen.  Unfortunately there is no quick fix unless you are willing to invest a few 100 G's into some places  https://angel.co/payward-kraken/fundraising  or just wait it out for the testing and API. 

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hmmmstrange
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January 22, 2014, 07:54:29 AM
 #3149

Exactly. Maybe you could say that 99% of people are stupid, but I for one, still want their money.

The fact they are buying coins is a very strong contribution to the development efforts.

You guys need to get a good marketing guy on board. Marketing efforts have been very poor so far.

Holy crap!  What is with the pump and dump mentality?  Dogecoin - really?  When the crash comes, that thing is going to fall to zero in two days.  There is no function in that silly 'coin'.  It is all scam. 

Hype doesn't help MSC. 'Marketing' doesn't do anything but artificially raise the price.  Who wants that?  Speculators.  I want the MSC price rise because the damn thing works and brings new function to cryptocurrencies.  Let NXT and Doge exceed MSC in market cap - that isn't a measure of success - it is a measure of hype.  Without shame, Doge has no underlying functionality.  At least NXT is pretending to be backed by a dynamic coin.  They both will burn out soon.  Even the NXT logo is on fire. 

I agree MSC does not need any marketing. In my opinion it may actually hinder development if the direction of this project is influenced by "promoters".
ElDido
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January 22, 2014, 10:28:34 AM
 #3150

I don't argue the importance of being listed on exchanges, by the contrary. I guess you need to ask yourself why a joke coin like Doge managed to get listed on so many exchanges while Mastercoin didn't have much success in doing so. Perhaps it's an issue that needs a quick fix.

As the maker of an exchange that accepts Mastercoin, I'd say Dogecoin is accepted on so many exchanges because, as a clone of bitcoin, it requires almost no workload to add to an exchange that already trades several Bitcoin clones. Mastercoin on the other hand, requires specific development for deposits and withdrawals, and there is no official client yet. No amount of marketing will change that at this point.

The first Mastercoin / Bitcoin exchange : https://masterxchange.com
Predict the futur price of Bitcoin and win on http://btcoracle.com
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TKeenan
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January 22, 2014, 11:36:25 AM
 #3151

I don't argue the importance of being listed on exchanges, by the contrary. I guess you need to ask yourself why a joke coin like Doge managed to get listed on so many exchanges while Mastercoin didn't have much success in doing so. Perhaps it's an issue that needs a quick fix.

As the maker of an exchange that accepts Mastercoin, I'd say Dogecoin is accepted on so many exchanges because, as a clone of bitcoin, it requires almost no workload to add to an exchange that already trades several Bitcoin clones. Mastercoin on the other hand, requires specific development for deposits and withdrawals, and there is no official client yet. No amount of marketing will change that at this point.

Good!  I don't want MSC being lumped in together with scam coins Dogecoin and NXT.  Only the heavy speculators are involved with that crap.  Those things are going to blow up spectacularly.  There is nothing behind those scam coins.  People who throw money at that garbage will get what they deserve.  We don't want that speculation money running the MSC prices up and down all over the place.  "pump and dump" projects are great for those people.  A different sort of people are involved with MSC.  People in MSC have a completely different goal than those with Dogecoin and NXT.  MSC people are trying to build something.  Putting lipstick on a pig only tricks those who can't see past the shiny red lips. 
DarkEmi
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January 22, 2014, 04:30:20 PM
 #3152

We did another update on masterXchange.

- Improved history of trades
- Option to receive emails on trade (under "account settings")

And lots of minor changes.

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peled1986
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January 22, 2014, 04:39:00 PM
 #3153

- Option to receive emails on trade (under "account settings")
Very much appreciated

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prophetx
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January 22, 2014, 04:47:52 PM
 #3154

We did another update on masterXchange.

- Improved history of trades
- Option to receive emails on trade (under "account settings")

And lots of minor changes.

i know i will get some negative comments on this feature request... i'm okay with that.  so here goes:

can the exchange show on the first page the price graph, the bids and asks, and also a troll box?

I know, I know but I have such fond memories of the trollbox on btce and i think it really helped people learn about crypto and develop a sense of community.  i got a lot of advice (good) on there how to build my litecoin miners, how to create p2pool server, etc

maybe let people who have enough trading volume post emoticons?



okay maybe not that far...

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January 22, 2014, 05:02:25 PM
 #3155

Fully noted and everything is on the todo list Smiley

Rest assured we really want to have a trollbox on the front page xD

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January 22, 2014, 11:43:08 PM
 #3156

Fully noted and everything is on the todo list Smiley

Rest assured we really want to have a trollbox on the front page xD

thanks for the quick withdrawals on the exchange  Wink
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January 23, 2014, 01:15:29 AM
 #3157

Market prices are up 50% in three days.  Buying opportunity (at insanely low prices) is now closed.  Back to regular price soon (.25)  After the DEx is proved working, will hit .50 in two weeks. 

Is Terpin preparing a news flurry on this?  Maybe his friend can post a blog for another $18K?

well someone guess right..

MSC in the news again

http://finance.fortune.cnn.com/2014/01/21/bitcoin-platform/

and another one..   http://m.us.wsj.com/articles/BL-VCDB-13876
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January 23, 2014, 03:31:45 AM
 #3158

can the exchange show on the first page the price graph, the bids and asks, and also a troll box?

I second that. The landing page is just... useless (and horrible).
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January 23, 2014, 05:29:57 AM
 #3159

Market prices are up 50% in three days.  Buying opportunity (at insanely low prices) is now closed.  Back to regular price soon (.25)  After the DEx is proved working, will hit .50 in two weeks. 

Is Terpin preparing a news flurry on this?  Maybe his friend can post a blog for another $18K?

well someone guess right..

MSC in the news again

http://finance.fortune.cnn.com/2014/01/21/bitcoin-platform/

and another one..  [Suspicious link removed]j.com/articles/BL-VCDB-13876
Nice story.  Interesting topic.  Good press coverage. 

Mastercoin Forum: http://mastercointalk.org/index.php
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January 23, 2014, 03:23:19 PM
 #3160

Fully noted and everything is on the todo list Smiley

Rest assured we really want to have a trollbox on the front page xD

i'm so excited by this.

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WINGS
Where DAO Unicorns are born
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1st Bitcoin & Ethereum DAO for DAOs                                               
1st Decentralized Chatbot to Smart Contracts Interaction System

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Wings Bounties Earn Eggs    
X-Blockchain DAO

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