I don't mind paying 0.3%-0.9% for saving me a bunch of time contacting sellers and dealing with escrow.
i am sure you will prefer to pay 0.3% rather than 0.9%. in the end ElDido will do whatever he wants. i am just "voicing" my opinion in advance.
Of course I know people would rather pay 0.3% over 0.9% but you have to consider the risks involved for us:
- holding coins
- having our reputations at stake
- making a mistake could cost us big time
and the convenience we offer
- security
- instant trading
- liquidity
We remove the need for escrows (which ususlly costs around 1% btw) and the need to look for a counterpart to exchange your coins. Furthermore, I'm not afraid to say we attracted a whole new crowd into Mastercoins since being featured on coinmarketcap and by making the acquisition of Mastercoins much easier for newcomers.
Also there is a HUGE workload even after launch, since I'm dealing with dozens of support requests a day and spending a lot of time processing withdrawals. When I said the last days have been wild, I've been refering to me juggling beetween working 10+ hours a day, Christmas celebrations with my familly and a few hours of sleep
It's true the volume is nice and I'll do my best to keep it that way.
I'd like to improve and expand the site and I'm sure people who used our site don't want to go back to the old ways of trading OTC. If you look at it from a price point of view, buying at 0.25 and paying a 0.9% fee means you really buy at 0,25225. I think this is a pretty painless cost for the advantages we offer in counterpart.
But as always, we will listen carefully to the community to try to make the best decisions.
