Patel
Legendary
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Activity: 1321
Merit: 1007
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December 18, 2013, 05:16:58 PM |
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We worked very hard for several weeks to launch in beta the first mastercoin real exchange : https://masterxchange.com/We are open to all suggestions and remarks ! Hmm it looks good. Trust is the main factor here. 0.01btc/0.02btc to withdraw? don't you think its a little too high?
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DarkEmi
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December 18, 2013, 05:23:08 PM |
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We worked very hard for several weeks to launch in beta the first mastercoin real exchange : https://masterxchange.com/We are open to all suggestions and remarks ! Hmm it looks good. Trust is the main factor here. 0.01btc/0.02btc to withdraw? don't you think its a little too high? Yes it might be. - Mastercoins transactions are done manually since there is no official mastercoin client. As such, they are highly risky and time consuming. Since we don't want to be flooded with small withdrawals, we need this limit to be able to process all withdrawals. Once everything will be automated and we are confident our system is 100% secure we will be able to lower this limitation. So far it is also a security issue : We store most of the funds offline so it take times to withdraw them. We are really obsessively paranoid in our security mesures but of course nobody should trust us blindly. There is not even any exploitable wallet on the production environement. We don't really have a proof except that we have computer security background and that no ones has managed to steal any amounts of coins from our previous business btcoracle.com
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crazy_rabbit
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Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 18, 2013, 05:27:01 PM |
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We worked very hard for several weeks to launch in beta the first mastercoin real exchange : https://masterxchange.com/We are open to all suggestions and remarks ! Hmm it looks good. Trust is the main factor here. 0.01btc/0.02btc to withdraw? don't you think its a little too high? Yes it might be. - Mastercoins transactions are done manually since there is no official mastercoin client. As such, they are highly risky and time consuming. Since we don't want to be flooded with small withdrawals, we need this limit to be able to process all withdrawals. Once everything will be automated and we are confident our system is 100% secure we will be able to lower this limitation. So far it is also a security issue : We store most of the funds offline so it take times to withdraw them. We are really obsessively paranoid in our security mesures but of course nobody should trust us blindly. There is not even any exploitable wallet on the production environement. We don't really have a proof except that we have computer security background and that no ones has managed to steal any amounts of coins from our previous business btcoracle.com Well I'm pro! Its nice to move the ecosystem along, and this certainly helps!
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more or less retired.
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DarkEmi
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December 18, 2013, 05:29:34 PM |
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We worked very hard for several weeks to launch in beta the first mastercoin real exchange : https://masterxchange.com/We are open to all suggestions and remarks ! 2% trade fee and 0.01 to 0.02 withdrawal fee? Exhorbitant much. Our exchange is a temporary solution waiting for the distributed exchange. As such, we don't know how long our service will be used. Also, we will probably do lower fees for frequent traders. We might lower fees at a later time anyway
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Patel
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Activity: 1321
Merit: 1007
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December 18, 2013, 05:31:52 PM |
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I would recommend changing the logo to link to the homepage and not the mastercoin.org site.
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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December 18, 2013, 05:34:36 PM |
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We worked very hard for several weeks to launch in beta the first mastercoin real exchange : https://masterxchange.com/We are open to all suggestions and remarks ! 2% trade fee and 0.01 to 0.02 withdrawal fee? Exhorbitant much. i think they have a right to charge whatever they want. these folks took time out of their life to make this happen without anyone paying them anything to do this. i think people deserve to get paid for their hard work.
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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December 18, 2013, 05:35:25 PM |
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sorry for spamming the thread but i'm trying to find these folks.... so they can get paid still missing need btc and email address for: @jamesknight313 @fordlincoln @michaelbulkley LuckyBit need email for @assafshomer
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DarkEmi
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December 18, 2013, 05:35:36 PM |
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I would recommend changing the logo to link to the homepage and not the mastercoin.org site.
Done.
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Patel
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Activity: 1321
Merit: 1007
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December 18, 2013, 05:41:28 PM |
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I would recommend changing the logo to link to the homepage and not the mastercoin.org site.
Done. I like the site overall, well done. Lets get some volume on here.
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DarkEmi
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December 18, 2013, 05:52:05 PM |
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Thank you sir Patel ! Congrats on creating the first sell order There is still a lot of work to do on the user interface and there is still probably a few bugs and glitche in the interface, but the trading engine should be really stable
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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December 18, 2013, 06:01:12 PM |
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Thank you sir Patel ! Congrats on creating the first sell order There is still a lot of work to do on the user interface and there is still probably a few bugs and glitche in the interface, but the trading engine should be really stable i want to write about you guys on the blog, but as there is no information about who you are or any type of legal entity behind this I am hesitant, especially after the drama with buymastercoins. no disrespect is intended, i am just a very careful person and that care extends to my communications, which is why i replaced the link to buymastercoin last week on the website to go to the wiki instead. as an aside i was very skeptical of sheep marketplace, told my friends to avoid it and was proven right... would you be willing to publish some kind of information and/or have known people verify you? i think it is only fair if you are asking for people's business and collecting fees. glad to see the site up!!
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DarkEmi
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December 18, 2013, 06:02:30 PM Last edit: December 18, 2013, 06:17:47 PM by DarkEmi |
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Thank you sir Patel ! Congrats on creating the first sell order There is still a lot of work to do on the user interface and there is still probably a few bugs and glitche in the interface, but the trading engine should be really stable i want to write about you guys on the blog, but as there is no information about who you are or any type of legal entity behind this I am hesitant, especially after the drama with buymastercoins. no disrespect is intended, i am just a very careful person and that care extends to my communications, which is why i replaced the link to buymastercoin last week on the website to go to the wiki instead. as an aside i was very skeptical of sheep marketplace, told my friends to avoid it and was proven right... would you be willing to publish some kind of information? i think it is only fair if you are asking for people's business and collecting fees. glad to see the site up!! Sure, we could give you our facebook linked to our real life indentities, proof that we own btcoracle.com, etc. etc. Just ask. Well I can state it my name is Emilien Dutang / 33 / France. There might be some stuff on me around on the internet, not sure if much of it is relevant thought. If someone has any doubt that its me I can facebook share or whatever. Anybody that has gone to a bitcoin meetup in Paris might have seen me. I was also at amsterdam, londres.. I am very willing to meet any mastercoin users that comes into Paris around a meal. Legal is a grey aera, lets just say if the business gets really sucessfull we will do whatever is needed to be legally protected from any authority. We're not there yet. We are actually working with legal authority for some other business but france legislation is very very conservative
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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December 18, 2013, 06:06:25 PM |
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Thank you sir Patel ! Congrats on creating the first sell order There is still a lot of work to do on the user interface and there is still probably a few bugs and glitche in the interface, but the trading engine should be really stable i want to write about you guys on the blog, but as there is no information about who you are or any type of legal entity behind this I am hesitant, especially after the drama with buymastercoins. no disrespect is intended, i am just a very careful person and that care extends to my communications, which is why i replaced the link to buymastercoin last week on the website to go to the wiki instead. as an aside i was very skeptical of sheep marketplace, told my friends to avoid it and was proven right... would you be willing to publish some kind of information? i think it is only fair if you are asking for people's business and collecting fees. glad to see the site up!! Sure, we could give you our facebook linked to our real life indentities, proof that we own btcoracle.com, etc. etc. Just ask. just post your exchange link on this group https://www.facebook.com/groups/mastercoin or you can email me at dom(a]mastercoin.org
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Voodah
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December 18, 2013, 06:11:02 PM |
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2% and 0.02 are Paypal-style kind of fees.
Please reconsider.
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DarkEmi
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December 18, 2013, 06:12:04 PM |
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I joined the group but I do not see how I can post my link Edit : Ok I have to wait for approval
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bitexch
Member
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Activity: 70
Merit: 10
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December 18, 2013, 06:26:17 PM |
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We worked very hard for several weeks to launch in beta the first mastercoin real exchange : https://masterxchange.com/We are open to all suggestions and remarks ! 2% trade fee and 0.01 to 0.02 withdrawal fee? Exhorbitant much. i think they have a right to charge whatever they want. these folks took time out of their life to make this happen without anyone paying them anything to do this. i think people deserve to get paid for their hard work. And I have a right to criticize the exorbitant fees. He's stated that the fees are high because they don't know how long the exchange will be useful. Sounds like a self-proclaimed cash grab. If a proper high frequency exchange is built it will always be useful as Decentralized exchange can't do high frequency trading. The fees are ridiculous. Might as well call it visaexchange. I'n not really seeing the benefit. With all the messing around because the poor/lack of proper tools to transfer MSC and security concerns of a centralized exchange, users might as well just continue to trade OTC for a small escrow fee. If the fees were reasonable, I could see some utility. Everyone has the right to criticize their fees, but the most effective way to show your dissatisfaction is probably by not using their service - perhaps forming a group with that express statement. Like buymastercoin, they should charge whatever people are willing to pay. If people decide not to use their services because of their fees, they will either lower them or be unsuccessful. I don't see the problem. For my part, I am just happy to see more competition enter the ecosystem.
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prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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December 18, 2013, 06:31:37 PM |
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I joined the group but I do not see how I can post my link Edit : Ok I have to wait for approval FB always making life easy, no way to turn that feature off... So btw there is an open bounty for an exchange https://trello.com/c/jE5MdzpWtechnically it was for an existing exchange, but go ahead and email info(a]mastercoin.org and maybe Ron can reconsider the terms of that bounty, or ask you to do some more stuff to get this bounty. I know it's not a huge amount but perhaps it will pay for free hosting for a year.
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Olimpiata
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Merit: 10
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December 18, 2013, 06:42:12 PM |
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Selling 20 MSC @ 0.15. Order is pre-funded and signed. Check http://mcoin.io Cheers, Sean
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DGulari
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Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
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December 18, 2013, 07:00:01 PM |
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Wow! MSC is cheap these days. I can't believe how low the price has gone - in view of the BTC crash. Ironically, the BTC crash shouldn't effect MSC in any way. The MSC protocol remains just as valid as it was last week. That China doesn't like BTC today should give a 50% discount on MSC. Time to buy!
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DarkEmi
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December 18, 2013, 07:00:18 PM |
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I joined the group but I do not see how I can post my link Edit : Ok I have to wait for approval FB always making life easy, no way to turn that feature off... So btw there is an open bounty for an exchange https://trello.com/c/jE5MdzpWtechnically it was for an existing exchange, but go ahead and email info(a]mastercoin.org and maybe Ron can reconsider the terms of that bounty, or ask you to do some more stuff to get this bounty. I know it's not a huge amount but perhaps it will pay for free hosting for a year. Thanks, we will give it a try !
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