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Author Topic: MasterCoin Buyer/Seller Thread  (Read 225269 times)
hl5460
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October 17, 2013, 11:11:29 AM
 #321

Will buy 33MSC from listbtc @0.03 each and Max please escrow. I will just be the translator between the real buyer and listbtc.
Cheers,
Red

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October 17, 2013, 12:57:58 PM
 #322

Will buy 33MSC from listbtc @0.03 each and Max please escrow. I will just be the translator between the real buyer and listbtc.
Cheers,
Red

listbtc is not selling, he's buying.
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October 17, 2013, 03:15:19 PM
 #323

Hey JR, there's this guy who bought like 175,000 mastercoins at a really good price and owns like a third of all mastercoins in existance, you should contact him as he might be able to offer the market some liquidity Wink
Who is this mysterious character? lol.
I've heard that he will only part with his MasterCoins at a MUCH higher price, or when they are pried from his cold, dead fingers Smiley
There is a clear reason for this - he understands their true value.
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October 17, 2013, 03:34:34 PM
 #324

We've been liberated from the alt-coins subforum!

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A topic you are watching has been moved to another board by BadBear.

View the topic at: https://bitcointalk.org/index.php?topic=287145.new;topicseen#new

Unsubscribe to this topic by clicking here: https://bitcointalk.org/index.php?action=notify;topic=287145.0

Regards,
The Bitcoin Forum Team.

This makes me sad. Those of us in the MasterCoin community do not consider ourselves an "alt-coin" since we are not an alternative to bitcoin - we're building on top of it!

Sounds like you disagree?

Can you link to a post/thread outlining exactly what it is?

Thanks

Sure! https://bitcointalk.org/index.php?topic=265488.0

The TL;DR is that MasterCoin runs on top of bitcoin like http runs on top of TCP/IP.

Ok, moved it back.

Thanks badbear! We're very grateful. I know you guys get a lot of crap just trying to keep this place running, but we appreciate you!

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October 17, 2013, 03:52:34 PM
 #325


Forgot this was for the contest participants - I'll do the lot at .025BTC so they get a bit more Smiley

Note this sell offer is only open to dacoinminster for the coding contest.


Thanks for your generosity lishbtc! I accept that offer of 835.2 MSC for 20.88 BTC (0.025 BTC/MSC).

If you like, you can send the MSC straight to the contest winners:
  • Tachikoma gets (17.28/20.88)*835.2 = 691.2 MSC at 13NRX88EZbS5q81x6XFrTECzrciPREo821
  • bitoy gets (3.6/20.88)*835.2 = 144 MSC at 1Fq37GNfyxSvnmye3QdxH6GpPAQ3enarfs

If you want to send the MSC straight to the contest winners, I'll pay you directly from the Exodus Address, otherwise I'm happy to use maxmint for escrow. Please don't be alarmed if I don't send the BTC right away. I tend to go hours at a stretch without checking email, and accessing the offline-only funds is a big pain (requires typing a password so long it makes my fingers hurt). Also, I'll be offline all weekend, as is my bizarre habit. However, if we get this going today, I should be able to pay by tomorrow at the latest.

Now, you may be asking yourself, "How do I know those are the right addresses? Maybe J.R.'s bitcointalk account got hacked." If so, I'm glad you are being appropriately paranoid! I suggest we let those addresses sit for a few hours so that Tachikoma and bitoy have a chance to confirm/deny. (I'll PM them.)

Thanks!

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October 17, 2013, 04:03:29 PM
 #326

Hi, I would like to buy up to 500 MSC at 0.03 BTC each.
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October 17, 2013, 04:05:11 PM
 #327

Hi, I would like to buy up to 500 MSC at 0.03 BTC each.

Added your offer to the order book.

My PGP-Key: 462D02D8
Verify my messages using keybase: https://keybase.io/maxmint
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October 17, 2013, 04:15:26 PM
 #328

Address confirmed!

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October 17, 2013, 04:18:39 PM
 #329

Confirmed that is my address.  Thank you  Smiley



Forgot this was for the contest participants - I'll do the lot at .025BTC so they get a bit more Smiley

Note this sell offer is only open to dacoinminster for the coding contest.


Thanks for your generosity lishbtc! I accept that offer of 835.2 MSC for 20.88 BTC (0.025 BTC/MSC).

If you like, you can send the MSC straight to the contest winners:
  • Tachikoma gets (17.28/20.88)*835.2 = 691.2 MSC at 13NRX88EZbS5q81x6XFrTECzrciPREo821
  • bitoy gets (3.6/20.88)*835.2 = 144 MSC at 1Fq37GNfyxSvnmye3QdxH6GpPAQ3enarfs

If you want to send the MSC straight to the contest winners, I'll pay you directly from the Exodus Address, otherwise I'm happy to use maxmint for escrow. Please don't be alarmed if I don't send the BTC right away. I tend to go hours at a stretch without checking email, and accessing the offline-only funds is a big pain (requires typing a password so long it makes my fingers hurt). Also, I'll be offline all weekend, as is my bizarre habit. However, if we get this going today, I should be able to pay by tomorrow at the latest.

Now, you may be asking yourself, "How do I know those are the right addresses? Maybe J.R.'s bitcointalk account got hacked." If so, I'm glad you are being appropriately paranoid! I suggest we let those addresses sit for a few hours so that Tachikoma and bitoy have a chance to confirm/deny. (I'll PM them.)

Thanks!

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October 17, 2013, 05:50:39 PM
 #330

I'm getting lots of PMs from people who missed the deadline to buy MasterCoins from the Exodus Address (MasterCoin is not an alt-chain - it is a new protocol layer being built on top of bitcoin - read about it here: https://bitcointalk.org/index.php?topic=265488.0). If you missed the deadline, or you are an early adopter looking to sell, this is the place for you!

MasterCoin/Bitcoin exchange will happen on a distributed exchange (hopefully soon), but in the meantime, I'd like to provide a meeting place for buyers and sellers, and a bit of guidance about how to go about buying and selling MasterCoins.

Some sellers are trying to get 100x-200x returns overnight, which might be a bit premature, but whatever MasterCoins are worth over the next few days, we will find out on this thread.

To buy OR sell MasterCoins, you need this software in order to make sure the transaction sending MasterCoins is properly formatted: https://bitcointalk.org/index.php?topic=265488.msg2919863#msg2919863

New: You can also try this website, which has the same functionality: http://mastercoin-explorer.com (note the disclaimers on this site - it has limitations, and may still have some bugs)

If you are curious what the software is doing, you can read a complete breakdown of a send transaction here: https://bitcointalk.org/index.php?topic=265488.msg2940318#msg2940318

Also, buyers will need to do some due diligence to make sure the seller actually has the MasterCoins they claim to have. Just seeing a correctly formatted transaction doesn't mean anything if the seller doesn't actually have MasterCoins to sell! If the seller got the MasterCoins via the Exodus Address, this is a bit easier, since you can check to make sure the address actually owns MasterCoins here: http://blockchain.info/address/1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P?offset=0&filter=0

Note that if a MasterCoin purchase has multiple input addresses, ONLY the largest input actually owns the MasterCoins!

If a seller received their MasterCoins on the giveaway thread, or purchased them from an early adopter, the due diligence gets harder. You have to check the validity of the transaction that sent them MasterCoins AND check that the address which sent them actually owned MasterCoins. Once MasterCoins have been sent a few times, this will be a very burdensome, manual process.

Also, you must check to make sure the owner hasn't already sent their coins to someone else. This is also manual.

Update: MasterCoin-Explorer.com now traces the history of MasterCoins which have been bought and then sent through the block-chain! However, this code has not been widely tested, so you should still double-check everything the best you can.

Yes, this will become considerably easier in the future, especially once we have the distributed exchange running. At that point, I expect MasterCoins will be considerably more expensive. If you're willing to do some learning now, you might still get a good deal.

Obviously there is no escrow currently for MasterCoins, so if escrow is used (I'd recommend it), the bitcoins will have to be the ones held in escrow.

User MaxMint set up an order book to keep track of the current bids and asks: https://docs.google.com/spreadsheet/ccc?key=0ApGPLGUd5ZCzdHFxbnhHQjBDSDVKamY5UHlWdkNMNWc#gid=0

Happy trading!
Cool <<RADARS>>>

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October 17, 2013, 08:28:01 PM
 #331

Just got this PM from my 0.029 seller:

Quote
I'll up my quantity offered in the event you aren't able to get the sellers with lower asks. Let's make it 720 MSC @ .029BTC for a total of 20.88BTC

That would certainly simplify things a bit (to buy all of it from one person at once price). Thanks!

Of course, I owe it to the contestants to give other people a chance to chime in with better offers before I jump on this one.

Maxmint, the BTC will come from 1EXoDusjGwvnjZUyKkxZ4UHEf77z6A5S4P, and that's where the MasterCoins should go as well.
Forgot this was for the contest participants - I'll do the lot at .025BTC so they get a bit more Smiley

Note this sell offer is only open to dacoinminster for the coding contest.


MSC received. Thanks for the generous offer lishbtc.

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October 17, 2013, 08:41:35 PM
 #332

Is it possible to edit the 1st post of the page and put instead a short text + a big sized link to the doc sheet ?
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October 17, 2013, 09:20:17 PM
 #333

lishbtc:

It looks like mastercoin-explorer is happy with your payment to Tachikoma:
http://mastercoin-explorer.com/transactions/5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07

But doesn't like your attempted payments to bitoy:
http://mastercoin-explorer.com/transactions/b8d9756a24b5e5f8b955a9852b2a7cdc40adfc8275f87c8eeb5fb8eb4eda83f6
http://mastercoin-explorer.com/transactions/7dd0aec1fb52096a7c00a0bab78e20a34a25130d6896150653e4a0c0dcc98dc0

MasterChest and MasterChain also don't like them . . .

Once that is straightened out, where do I send the BTC?

Thanks!

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October 17, 2013, 09:35:08 PM
 #334

Tachikoma:

https://masterchest.info/lookuptx.aspx?txid=5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07
http://mastercoin-explorer.com/transactions/5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07

Bitoy:
https://masterchest.info/lookuptx.aspx?txid=be33e02a45eb5d9e3ab3d6abe7f526b6eefeb13ebc64bd5aeda5b45490e77e2e
Not yet showing on mastercoin-explorer

Sorry for the three bad transactions first, getting bitcoin to send from the right address is frustrating sometimes.

dacoinminster, please send the BTC to 12bDX26J84x545pzfSZouULeqjfBtAe9Lv.  Please wait for the transaction to bitoy to confirm and show on mastercoin-explorer first just to be safe.  Cheers

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October 17, 2013, 10:41:58 PM
 #335

Tachikoma:

https://masterchest.info/lookuptx.aspx?txid=5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07
http://mastercoin-explorer.com/transactions/5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07

Bitoy:
https://masterchest.info/lookuptx.aspx?txid=be33e02a45eb5d9e3ab3d6abe7f526b6eefeb13ebc64bd5aeda5b45490e77e2e
Not yet showing on mastercoin-explorer

Sorry for the three bad transactions first, getting bitcoin to send from the right address is frustrating sometimes.

dacoinminster, please send the BTC to 12bDX26J84x545pzfSZouULeqjfBtAe9Lv.  Please wait for the transaction to bitoy to confirm and show on mastercoin-explorer first just to be safe.  Cheers


Looks great.

Here's your btc: http://blockchain.info/tx/3745181a4b81eb5a6dc1b4785cd9265747269d4606c0a7b9b7e1a16dfd9248cc

Thanks!

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October 17, 2013, 11:04:48 PM
 #336

Hi maxmint, I would like to buy 1000 MSC from lishbtc for 30 BTC and use you as escrow if that is okay? I know I PM'd you about this as well but he asked me to post here too Smiley Thanks
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October 17, 2013, 11:11:34 PM
 #337

Tachikoma:

https://masterchest.info/lookuptx.aspx?txid=5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07
http://mastercoin-explorer.com/transactions/5533883f0b917729ece1e14fd204e5855896826e7b1082fd72459935c9704a07

Bitoy:
https://masterchest.info/lookuptx.aspx?txid=be33e02a45eb5d9e3ab3d6abe7f526b6eefeb13ebc64bd5aeda5b45490e77e2e
Not yet showing on mastercoin-explorer

Sorry for the three bad transactions first, getting bitcoin to send from the right address is frustrating sometimes.

dacoinminster, please send the BTC to 12bDX26J84x545pzfSZouULeqjfBtAe9Lv.  Please wait for the transaction to bitoy to confirm and show on mastercoin-explorer first just to be safe.  Cheers


Looks great.

Here's your btc: http://blockchain.info/tx/3745181a4b81eb5a6dc1b4785cd9265747269d4606c0a7b9b7e1a16dfd9248cc

Thanks!

excellent, cheers

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October 18, 2013, 03:42:31 AM
 #338

Looks like I wont have a chance to buy anymore, the price isn't going to stay under .1 for much longer.  Mastercoins are selling out.
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October 18, 2013, 06:39:17 AM
 #339

Hi maxmint, I would like to buy 1000 MSC from lishbtc for 30 BTC and use you as escrow if that is okay? I know I PM'd you about this as well but he asked me to post here too Smiley Thanks

Yes, of course. Please let me know:
- Mastercoin source address
- Mastercoin receiving address
- Bitcoin receiving address

My PGP-Key: 462D02D8
Verify my messages using keybase: https://keybase.io/maxmint
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October 18, 2013, 11:26:52 AM
 #340

Maxmint I've mentioned your exchange in our first blog article!  Please excuse the stock wordpress template.

Hello, Mastercoin World
http://blog.mastercoin.org/2013/10/18/hello-mastercoin-world/

WINGS - get paid to forecast ICO valuations http://experimental.wings.ai - over $5 million in new token and Ether pay outs already
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