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Author Topic: MasterCoin Buyer/Seller Thread  (Read 225269 times)
TKeenan
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October 27, 2013, 07:14:46 PM
 #781

Mastercoin just doesn't look like it's gonna go anywhere I hope I am wrong.
MSC is going to go through the roof like a rocket.  'doesn't look like it's gonna go anywhere'Huh  OK - what about 10X in three months?  That's not anywhere.  OK - time to move on to good investments. 
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maxmint
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October 27, 2013, 07:20:25 PM
 #782

Will sell 10 MSC for 1 BTC, up to 1000 MSC max (need to keep some for me Smiley ).

P.S:. Please add me to order book, much obliged!

Added to the order book.

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October 27, 2013, 07:29:12 PM
 #783

1. Is this extra 0.0005 there fine?
You can have any Bitcoin balance on your Mastercoin address, that's no problem.

2. How do I get the private key for this address from the BlockChain.info?
Just hit the "Import/Export" tab.

3. Most importantly: If I move the total of 0.00056 to some other address does that mean I moved the whole 1 MSC?? (email support man told me I move them via MasterCoin Advisor, but i'm still not sure what this 0.00056 in my Bchain address is).  
Moving the 0.00056 BTC does not move your Mastercoins. You would have to create a well defined transaction to move your Mastercoins, that won't happen unintentionally.
So you can spend your 0.00056 BTC and still have your Mastercoin balance.

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BitcoinForumator
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October 27, 2013, 07:45:30 PM
 #784

1. Is this extra 0.0005 there fine?
You can have any Bitcoin balance on your Mastercoin address, that's no problem.

2. How do I get the private key for this address from the BlockChain.info?
Just hit the "Import/Export" tab.

3. Most importantly: If I move the total of 0.00056 to some other address does that mean I moved the whole 1 MSC?? (email support man told me I move them via MasterCoin Advisor, but i'm still not sure what this 0.00056 in my Bchain address is).  
Moving the 0.00056 BTC does not move your Mastercoins. You would have to create a well defined transaction to move your Mastercoins, that won't happen unintentionally.
So you can spend your 0.00056 BTC and still have your Mastercoin balance.

Ok got it (the blockchain part). One final thing I don't understand yet. Now I have a Mastercoin Explorer address which is public. What is my private part (haha, ok, private key?) in it? Because right now i'm thinking in terms of how bitcoin work (blockchain.info, wallets, and keys). But MasterCoin is on "top" of Bitcoin, you say. So even if i spend BTCs in this address the Mastercoins are still there. (huh?, i hope you see my confusion, but ok...i take this even if I don't get it)

I opened Mastercoin Advisor in command prompt, to see how this works (what i'm being asked for). Enter the address you wish to send to: random "sending to" address. Then, now i really don't understand this next part: Step 1, Step 2. Data address? And also, how does Advisor know how to connect to my MSC address, just via a "public address"? Where is the "private key" i have to put in to make this MSC just mine? In my mind, right now I only have an MSC address which is public (in the MasterCoin Explorer).
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October 27, 2013, 07:51:52 PM
 #785

1. Is this extra 0.0005 there fine?
You can have any Bitcoin balance on your Mastercoin address, that's no problem.

2. How do I get the private key for this address from the BlockChain.info?
Just hit the "Import/Export" tab.

3. Most importantly: If I move the total of 0.00056 to some other address does that mean I moved the whole 1 MSC?? (email support man told me I move them via MasterCoin Advisor, but i'm still not sure what this 0.00056 in my Bchain address is).  
Moving the 0.00056 BTC does not move your Mastercoins. You would have to create a well defined transaction to move your Mastercoins, that won't happen unintentionally.
So you can spend your 0.00056 BTC and still have your Mastercoin balance.

Ok got it (the blockchain part). One final thing I don't understand yet. Now I have a Mastercoin Explorer address which is public. What is my private part (haha, ok, private key?) in it? Because right now i'm thinking in terms of how bitcoin work (blockchain.info, wallets, and keys). But MasterCoin is on "top" of Bitcoin, you say. So even if i spend BTCs in this address the Mastercoins are still there. (huh?, i hope you see my confusion, but ok...i take this even if I don't get it)

I opened Mastercoin Advisor in command prompt, to see how this works (what i'm being asked for). Enter the address you wish to send to: random "sending to" address. Then, now i really don't understand this next part: Step 1, Step 2. Data address? And also, how does Advisor know how to connect to my MSC address, just via a "public address"? Where is the "private key" i have to put in to make this MSC just mine? In my mind, right now I only have an MSC address which is public (in the MasterCoin Explorer).

In order to send your Mastercoins to another address you would have to send 0.00006 BTC to each of the 3 addresses (generated by MastercoinAdvisor) from your MSC address. MastercoinAdvisor does not need to know the private key to your MSC address. It just tells you the 3 addresses, you still have to send to them from your MSC address manually.

If you want to do this, here's a little how-to for a blockchain.info wallet:
http://i.imgur.com/jOcELJN.png

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October 27, 2013, 08:19:09 PM
 #786

1. Is this extra 0.0005 there fine?
You can have any Bitcoin balance on your Mastercoin address, that's no problem.

2. How do I get the private key for this address from the BlockChain.info?
Just hit the "Import/Export" tab.

3. Most importantly: If I move the total of 0.00056 to some other address does that mean I moved the whole 1 MSC?? (email support man told me I move them via MasterCoin Advisor, but i'm still not sure what this 0.00056 in my Bchain address is).  
Moving the 0.00056 BTC does not move your Mastercoins. You would have to create a well defined transaction to move your Mastercoins, that won't happen unintentionally.
So you can spend your 0.00056 BTC and still have your Mastercoin balance.

Ok got it (the blockchain part). One final thing I don't understand yet. Now I have a Mastercoin Explorer address which is public. What is my private part (haha, ok, private key?) in it? Because right now i'm thinking in terms of how bitcoin work (blockchain.info, wallets, and keys). But MasterCoin is on "top" of Bitcoin, you say. So even if i spend BTCs in this address the Mastercoins are still there. (huh?, i hope you see my confusion, but ok...i take this even if I don't get it)

I opened Mastercoin Advisor in command prompt, to see how this works (what i'm being asked for). Enter the address you wish to send to: random "sending to" address. Then, now i really don't understand this next part: Step 1, Step 2. Data address? And also, how does Advisor know how to connect to my MSC address, just via a "public address"? Where is the "private key" i have to put in to make this MSC just mine? In my mind, right now I only have an MSC address which is public (in the MasterCoin Explorer).

In order to send your Mastercoins to another address you would have to send 0.00006 BTC to each of the 3 addresses (generated by MastercoinAdvisor) from your MSC address. MastercoinAdvisor does not need to know the private key to your MSC address. It just tells you the 3 addresses, you still have to send to them from your MSC address manually.

If you want to do this, here's a little how-to for a blockchain.info wallet:
http://i.imgur.com/jOcELJN.png

I see. Very helpful picture (Sending MSC for Dummies...)

And the final nail, I won't send it yet, just teaching myself the process - if I want to now send MSC to a paper wallet address from Blockchain wallet one of those 3 addresses is the paper wallet address, the other 2 addresses are Advisor generated (Exodus and Data Address). Correct?

(curious, how did the 0.00006 come about?)
maxmint
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October 27, 2013, 08:31:45 PM
 #787

And the final nail, I won't send it yet, just teaching myself the process - if I want to now send MSC to a paper wallet address from Blockchain wallet one of those 3 addresses is the paper wallet address, the other 2 addresses are Advisor generated (Exodus and Data Address). Correct?

(curious, how did the 0.00006 come about?)

That's correct, you would send to these 3 addresses:
1. Exodus address
2. Recipient address (your paperwallet address)
3. Data address

The amount does not necessarily have to be 0.00006, it just has to be above the "dust" threshold.
Note that the method described above is a "Class A" transaction, there are also 2 other types of transactions – if you want to dive into this, have a read here:
https://masterchest.info/files/mscappendix_draft.pdf

Btw: this thread actually is for Mastercoin trades (posting of bids and asks etc). It might be better to post technical questions on the other Mastercoin threads.

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October 27, 2013, 08:38:27 PM
 #788

And the final nail, I won't send it yet, just teaching myself the process - if I want to now send MSC to a paper wallet address from Blockchain wallet one of those 3 addresses is the paper wallet address, the other 2 addresses are Advisor generated (Exodus and Data Address). Correct?

(curious, how did the 0.00006 come about?)

That's correct, you would send to these 3 addresses:
1. Exodus address
2. Recipient address (your paperwallet address)
3. Data address

The amount does not necessarily have to be 0.00006, it just has to be above the "dust" threshold.
Note that the method described above is a "Class A" transaction, there are also 2 other types of transactions – if you want to dive into this, have a read here:
https://masterchest.info/files/mscappendix_draft.pdf

Btw: this thread actually is for Mastercoin trades (posting of bids and asks etc). It might be better to post technical questions on the other Mastercoin threads.

Ofcourse. Thanks!
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October 28, 2013, 01:38:47 AM
 #789

Will sell 50 MSC for 5 BTC.
Please add me to order book, much obliged!
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October 28, 2013, 02:23:59 AM
 #790

Will sell 50 MSC for 5 BTC.
Please add me to order book, much obliged!

Your offer has been added to the order book.

NXTtechdevfund  GPG Key ID: 0x903BC112
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October 28, 2013, 04:37:11 AM
 #791

Will sell 50 MSC for 5 BTC.
Please add me to order book, much obliged!

Your offer has been added to the order book.

Thank you!
TKeenan
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October 28, 2013, 09:12:01 AM
 #792

Will sell 50 MSC for 5 BTC.
Please add me to order book, much obliged!
Lots of momentum settling in at .1.  That seems to be a place many would be willing to sell.  You guys are going to scream when this thing goes to 1 just after the automated exchange is running.  The code contest should buy all those orders at .1 now just to take advantage of the low price as most winners are probably going to be taking pay in MSC. 
dillpicklechips
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October 28, 2013, 09:35:38 AM
 #793

Will sell 50 MSC for 5 BTC.
Please add me to order book, much obliged!
Lots of momentum settling in at .1.  That seems to be a place many would be willing to sell.  You guys are going to scream when this thing goes to 1 just after the automated exchange is running.  The code contest should buy all those orders at .1 now just to take advantage of the low price as most winners are probably going to be taking pay in MSC. 
I'd wait and see how asicminer decides to trade his shares on the blockchain. I don't think it will be MSC and that could cause price to fall.

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klee
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October 28, 2013, 10:17:16 AM
 #794

ASICMINER is obsolete...
maxmint
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October 28, 2013, 10:25:02 AM
 #795

ASICMINER is obsolete...

Although AM price dropped massively there are 236,038 public shares out in the wild. What if friedcat would decide to go with a Mastercoin powered decentralized stock exchange?

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October 28, 2013, 11:06:21 AM
 #796

ASICMINER is obsolete...

Although AM price dropped massively there are 236,038 public shares out in the wild. What if friedcat would decide to go with a Mastercoin powered decentralized stock exchange?
My opinion of AM is independent of friedcat choosing Mastercoin's distributed exchange or not (just for the record).

No doubt it would be helpful but I do not think it could cause a price drop in MSC if he does not choose Mastercoin's infrastructures.

On the other hand ANY security would be welcomed for start (even Labcoin lol) - I think we should try to convince TAT+cryptocyprus to choose our path too (and not only CySEC).

Furthermore, the BTCGarden cancelled IPO could be also restarted...

Just my POV.
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October 29, 2013, 05:42:37 AM
 #797

well at least FC has to give permission to trade AM via mastercoin, since he's the one who manages all the shares.

ASICMINER is obsolete...

Although AM price dropped massively there are 236,038 public shares out in the wild. What if friedcat would decide to go with a Mastercoin powered decentralized stock exchange?
My opinion of AM is independent of friedcat choosing Mastercoin's distributed exchange or not (just for the record).

No doubt it would be helpful but I do not think it could cause a price drop in MSC if he does not choose Mastercoin's infrastructures.

On the other hand ANY security would be welcomed for start (even Labcoin lol) - I think we should try to convince TAT+cryptocyprus to choose our path too (and not only CySEC).

Furthermore, the BTCGarden cancelled IPO could be also restarted...

Just my POV.

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October 29, 2013, 11:12:17 AM
 #798

Hi guys, please remove my sell order at 0.1 btc. Thanks Smiley
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October 29, 2013, 11:30:14 AM
 #799

Hi guys, please remove my sell order at 0.1 btc. Thanks Smiley

Removed from the order book.

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October 29, 2013, 11:54:47 AM
 #800

Hi, i want to buy 12,5 mastercoins for 1 BTC.
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