I like this idea, this would make trading a whole lot easier and faster for both sellers and buyers.
On the other hand it would massively increase my and Pouncer's workload and expose us to the risk of holding other people's Mastercoins.
So we definitely would have to charge a fee for this. But I guess most of you wouldn't mind a small fee for a service like this.
Normally, I'd be the very last guy to agree with fees. But, you have done a remarkable, wonderfully good job making this market liquid. You've made me money personally, and you've contributed tremendously to the valuation of Mastercoin.
You've already earned your fees. I am sure I and the others will be happy to pay them as we go forward from here.
On the other hand, Pouncer not nearly as much. The guy became an escrow agent one day. The next day - he started suggesting trading limits.
Just last week, I ask him a special favor to process a deal with my private key. I didn't have access to my Armory. He simply told me to take a hike. There were also other things I asked of Pouncer - he said: 'can't help'. Right after I got the rejections from Pouncer, I sent Max a message. Two minutes later Max took my private key and executed the deal. It was very important for me to get that done. Because of Max, $40,000 deal done in just 10 minutes.
Max is awesome X10. Pouncer is nice and useful, but struggles to provide help without complaining. Max has also been here since the beginning. He set the tone and style of the market. I wish Max would get a far greater percentage of the fees. Either way, I'll be paying whatever it is because the fees are well earned.
You both have done a great job to make a very fun and worthy market. You should be pleased with the result. I know nearly every trader is pleased and profitable.
Let's set up the new system - with fees. The DEx is a long way out (it is pretty complex). I am glad you like the idea of funded offers with green highlights in the order book. This will really facilitate transactions as they are instantly executed upon sending the asked/bid price. I think this will be pretty cool.
Anything that reduces transactional friction opens the door for greater adoption.
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Free liquid markets help all participants. Thanks to Max and Pouncer - and thanks to their continued efforts. I for one am happy to pay fees.
