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Author Topic: MasterCoin Buyer/Seller Thread  (Read 221802 times)
ninjaboon
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October 24, 2013, 10:37:15 PM
 #701

Added a warning in the OP. I'm sorry to hear that the scammers are operating here Sad

Be careful

It would be great if we could have more than just Max as a reliable escrow provider. I'm sure everyone agrees he is doing a brilliant job, but the amount of trades seem to grow by the day.
Naturally there's the inherent problem with trust, which makes finding a second provider quite difficult.

One solution might be, assuming someone wants to help and share Max's load, is that the escrow provider would give a fair amount of his MSC in escrow to dacoinminster. That way people trading would know that in case he tries to scam them, they are still compensated by dacoinminster from the scammer's own coins.

Having said that, nobody probably wants volunteer to do this unless there's fee per trade, unless you're really committed to this community and trust you'll get enough in tips to make it worth your while.  Smiley




Hi Guys,

I would like to be a reliable MasterCoin escrow too as I'm on Asia time zone (Malaysia).

I run a consultancy at http://bitcoinmalaysia.com, an escrow site at http://btc-asia.com/ (getting JohnK on-board as my brand ambassador soon)
and I've done some manual escrows in the past months (I get 1% of any deal.) - see https://bitcointalk.org/index.php?topic=240370.0

Pretty excited about http://www.bitcoinsingapore2013.com as I have my conference tickets in hand and hope to quit my day job in Q1 2014.

Buzz me if you like me to help out.


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Pouncer
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October 25, 2013, 12:17:50 AM
 #702

I've set up an online form for users to submit requests to add or edit an entry in the order book. I think this will be easier to track compared to manually parsing through this long thread to manage such requests. Please try this form

https://docs.google.com/forms/d/11X5Rp5lkc-LKs-lTneiM8NWRB7LBJMg1DxLKGKf-mTE/viewform

All requests will be automatically logged in the "Requests" tab, but will not be updated to the "Orders" tab until Maxmint or Pouncer does it manually.

Anyone who knows how to write a script to automate this or has a better way to manage the increasing trade volume will be great!

Hope this helps!

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October 25, 2013, 12:29:35 AM
 #703

We can trade with escrow via bitmit. Please check out my listing here: https://www.bitmit.net/en/item/71250-mastercoins-select-quantity-to-purchase/?ref=3541
Bitmit fees are respectable and I've been using them for over a year now with no problems.

First of all, I'd be really happy to see more people escrowing Mastercoin trades. But I'm not sure if the guys at bitmit are able to do proper escrow – do they even know about Mastercoin and how to determine a successful transaction?




Bitmit doesnt escrow the mastercoins, they only hold the bitcoins. Once bitcoins are in escrow, the seller sends mastercoins to the buyer. Once buyer is satisfied, releases escrow and transactions is complete.
In case of dispute, the blockchain doesnt lie. No risk to either party.

If there are any takers, please send me your offers via pm or message on bitmit.

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October 25, 2013, 12:46:19 AM
 #704

We can trade with escrow via bitmit. Please check out my listing here: https://www.bitmit.net/en/item/71250-mastercoins-select-quantity-to-purchase/?ref=3541
Bitmit fees are respectable and I've been using them for over a year now with no problems.

First of all, I'd be really happy to see more people escrowing Mastercoin trades. But I'm not sure if the guys at bitmit are able to do proper escrow – do they even know about Mastercoin and how to determine a successful transaction?




Bitmit doesnt escrow the mastercoins, they only hold the bitcoins. Once bitcoins are in escrow, the seller sends mastercoins to the buyer. Once buyer is satisfied, releases escrow and transactions is complete.
In case of dispute, the blockchain doesnt lie. No risk to either party.

If there are any takers, please send me your offers via pm or message on bitmit.



And in case of dispute, do Bitmit know how to determine if the Mastercoins were sent or not? That was his question.

e: After looking at the link I see the seller of the Mastercoins is Admin, so does this mean that is your website? Which basically means they are just trusting you, so why even bother with the website at all?
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October 25, 2013, 01:05:31 AM
 #705

We can trade with escrow via bitmit. Please check out my listing here: https://www.bitmit.net/en/item/71250-mastercoins-select-quantity-to-purchase/?ref=3541
Bitmit fees are respectable and I've been using them for over a year now with no problems.

First of all, I'd be really happy to see more people escrowing Mastercoin trades. But I'm not sure if the guys at bitmit are able to do proper escrow – do they even know about Mastercoin and how to determine a successful transaction?




Bitmit doesnt escrow the mastercoins, they only hold the bitcoins. Once bitcoins are in escrow, the seller sends mastercoins to the buyer. Once buyer is satisfied, releases escrow and transactions is complete.
In case of dispute, the blockchain doesnt lie. No risk to either party.

If there are any takers, please send me your offers via pm or message on bitmit.



And in case of dispute, do Bitmit know how to determine if the Mastercoins were sent or not? That was his question.

e: After looking at the link I see the seller of the Mastercoins is Admin, so does this mean that is your website? Which basically means they are just trusting you, so why even bother with the website at all?

I'm just a seller. Please check out: https://bitcointalk.org/index.php?topic=41592.0 for more information about bitmit. Bitmit has been around for a long time and is a great place to sell.
If there is a dispute, I will link the mastercoin transaction to the buyers receiving address. They can check it out on mastercoin-explorer to see that the mastercoins were sent.

Super convenient way of buying mastercoins directly from sellers. As for selling, well the orderbook is still necessary.
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October 25, 2013, 02:19:44 AM
 #706

Could my order please be removed. Still getting PMs  Tongue
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October 25, 2013, 02:43:22 AM
 #707

Could my order please be removed. Still getting PMs  Tongue

Done
See updated order book

Please request for Order Book changes using this Order Form

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October 25, 2013, 03:19:18 AM
 #708

Looks like dacoinminster is dumping 30,000 coins at 0.05
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October 25, 2013, 03:24:23 AM
 #709

Looks like dacoinminster is dumping 30,000 coins at 0.05

Yeah I just saw that... but can't imagine it's true as he said he wouldn't sell at these prices just a page or two ago.

EDIT: I bet it's someone trolling the new request form.

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October 25, 2013, 03:29:31 AM
 #710

Could be, or maybe they are supposed to @ 0.5
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October 25, 2013, 03:48:12 AM
 #711

Looks like dacoinminster is dumping 30,000 coins at 0.05

Yeah I just saw that... but can't imagine it's true as he said he wouldn't sell at these prices just a page or two ago.

EDIT: I bet it's someone trolling the new request form.

The request came in through the form. Not sure if it is genuine.
Just realized this may not be a good idea. Anyone can submit anything!

I'll disable the form for the time being. We may have to revert to the good old method!

NXTtechdevfund  GPG Key ID: 0x903BC112
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October 25, 2013, 03:50:22 AM
 #712

Looks like dacoinminster is dumping 30,000 coins at 0.05

Yeah I just saw that... but can't imagine it's true as he said he wouldn't sell at these prices just a page or two ago.

EDIT: I bet it's someone trolling the new request form.

The request came in through the form. Not sure if it is genuine.
Just realized this may not be a good idea. Anyone can submit anything!

I'll disable the form for the time being. We may have to revert to the good old method!

JR, can you please confirm/deny this request? Thanks.

Edit: Sorry folks, this is such a bad idea. Even if it is genuine, we cannot use this method for obvious reasons. I'm disabling it for good. Please submit your requests the usual way.

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October 25, 2013, 04:09:00 AM
 #713

I would just put that bid back to unconfirmed in the Requests section. If you leave it there, it's going to spook everyone who sees it and it is very unlikely to be genuine.

Edit: Not to mention, I'm pretty sure his wife doesn't allow him to be online at night. Cheesy

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October 25, 2013, 04:21:27 AM
 #714

I would just put that bid back to unconfirmed in the Requests section. If you leave it there, it's going to spook everyone who sees it and it is very unlikely to be genuine.

Edit: Not to mention, I'm pretty sure his wife doesn't allow him to be online at night. Cheesy

Good idea. Done

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October 25, 2013, 04:24:20 AM
 #715

I would just put that bid back to unconfirmed in the Requests section. If you leave it there, it's going to spook everyone who sees it and it is very unlikely to be genuine.

Edit: Not to mention, I'm pretty sure his wife doesn't allow him to be online at night. Cheesy

Good idea. Done

Cool. You can put my 100 @ .119 ask back though... that was really me. Smiley

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October 25, 2013, 04:32:26 AM
 #716

I would just put that bid back to unconfirmed in the Requests section. If you leave it there, it's going to spook everyone who sees it and it is very unlikely to be genuine.

Edit: Not to mention, I'm pretty sure his wife doesn't allow him to be online at night. Cheesy

Good idea. Done

Cool. You can put my 100 @ .119 ask back though... that was really me. Smiley

Done

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October 25, 2013, 06:14:41 AM
 #717

Edit: Not to mention, I'm pretty sure his wife doesn't allow him to be online at night. Cheesy
Cheesy
Faraday
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October 25, 2013, 06:26:44 AM
 #718

Hi can you please put up an ask for me. 200 MSC @ 0.1 BTC each. Cheers
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October 25, 2013, 06:59:34 AM
 #719

Hi can you please put up an ask for me. 200 MSC @ 0.1 BTC each. Cheers
Done.

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October 25, 2013, 07:11:54 AM
 #720

@Pouncer: Would be nice, if you can put the link to the order book in your signature.

Signatures lead to paid signature programs which leads to spam!

Clearly we must eliminate the signatures... or ban the paid sig programs
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