drays
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October 10, 2016, 04:41:58 PM Last edit: October 10, 2016, 04:52:41 PM by drays |
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Good to see, I'm all honesty I can see it going back to the 10-15k range with the right news.
You seem to have forgotten how we dropped to these rediculous levels. MasterTrader just dumped a sh*tload of his premine on top of his supporters without any deliberation. As long as he's sitting on this huge pre-mine no serious investors will ever invest in this coin anymore. MTR has to burn (almost all of) the premine. This would give some new potential to the coin. Just like AMP. A burn has been suggested before. Not sure how much is left of the premine. Looks to be mostly on bittrex with a few large wallets. i had suggested WAY back that the premine ( a lot of it ) can setup in the seednodes - and 'things' can be done with the coins raised int he PoS ... NO ONE bothered to respond - for one reason or another ... we have committed nodes and and time and effort ( with pleasure i might add ) to the network - and would have secured the network further with a large influx of nodes and PoS ... rich DID donate some coins to the current nodes - but no one else wanted to eve consider it ... these PoS coins could be skimmed out of the nodes - and back into the dev network FOR the community in variuos ways ... but again - did ANYONE respond to ANY suggestion i made back then? ... so i continue watching - and occasionally chat to rich on skype when he has the time to ... burning premine may have been a good idea to some - but it never was to me ... but here we are again guys and gals - rotating on the same finger ... ill pull back to the background again - and keep watching ... time will tell - as well as test the metal that mtr is made of ... and if the support that rich has shown here is anything to go by - it will be a strong system when its finished with toshidesk ... #crysx I'm all for that. Keep the premine on the seednodes? Thats could have been good idea at the time, given that it is out of reach for the Rich. Rich is proved to be unreliable and manipulating, so nobody (except scam loving and adventurous people) will invest in this project if there is any suspect he controls more or less considerable part of premine. Also, its not clear to me, why we are talking about "what to do with premine"? Lets not forget that nobody (except Rich) knows how much of the premine was actually dumped. He will tell 100%, but... who'll believe him, after all we have seen here? I have seen him breaking his word several times. After the first time it was already clear whom we are dealing with.
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... this space is not for rent ...
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crazywack
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October 10, 2016, 05:24:35 PM |
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Exactly why I'm afraid to put any more BTC into the project. We have been hearing a polished release will happen since the April-ish and still nothing.
I love the idea and what this project brings to the table but how are we going to tell people to buy in when a functional system is not marketable.
I wish Rich would stop with the tangent projects and focus and finish the one we all paid into.
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barabbas
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October 10, 2016, 05:56:38 PM |
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The final realization sure is a hard pill to swalow for those who, against all the blatant evidence, chose to believe they were not deceived.
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jc12345
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October 10, 2016, 07:01:18 PM |
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The dev killed the project when he dumped the premine into his own low buy orders. This is the only explanation why he would have kept it quiet and not told anyone of the imminent dump. It is similar to washing money. With the dump he moved a large portion of the premine "legitimately' to another account of his that no-one will know is his. Then he started a brief pump from about 100 sats to 2000+ (cant remember exactly) where he dumped the coins he sold to himself for about 7 BTC to unsuspecting buyers and then he disappeared again. He then invested the BTC into one of the big ICOs at the time, cant remember if it was LSK or one of those. I remember him bragging about the profit he made with the ICO.
It is time to realize that this project is dead. Luckily I got out a long time ago.
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GREEDYJOHN
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October 10, 2016, 09:22:28 PM |
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I am lucky that I didn't touch this -
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crazywack
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October 11, 2016, 02:28:56 AM |
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Maybe Mastertrader will surprise us with something soon...
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Fallout4
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October 11, 2016, 06:59:30 AM |
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Maybe Mastertrader will surprise us with something soon...
His dumping of the premine was surprise enough for me and most others I reckon. Once he did that shitty move, he pretty much pissed away any hope this coin and his integrity had left, and rightly so.
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crazywack
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October 11, 2016, 07:48:03 AM |
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Maybe Mastertrader will surprise us with something soon...
His dumping of the premine was surprise enough for me and most others I reckon. Once he did that shitty move, he pretty much pissed away any hope this coin and his integrity had left, and rightly so. I tried expressing that multiple times.
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foxtrot_the_fud
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October 11, 2016, 08:21:13 PM |
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Word from mastertrader777 would be nice.
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toeshe
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October 12, 2016, 01:48:25 AM |
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I thought this was dead by now, Steve aka Zach moved on ( he is doing really well by the way) I doubt DC is still here, after the cryptsy fiasco she has been MIA ( I have been trying to reach her regarding a project we were starting)- I think she is done with crypto. All you have is MTR777 and a shell of a stolen idea.
Good luck to you all- took this off my watchlist.
Cheers!
Hey buddy, Well for one, you are wrong about Dc. I work with her daily, and we are adding 4-5 new exchanges to our platform this week. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0Onz1AY.png&t=665&c=LjfIrKuwviHniQ) For two, I'm glad Zach is doing well. Three, sorry you're still looking to scout my devs in attempts to better your own failing projects. No need for you to come in here like a cocky punk, nobody cares about your input. That's another reason why people don't like to work with you. Think about it. Don't get played again. Take Care, MasterTrader777
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toeshe
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October 12, 2016, 01:57:21 AM |
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Community, Yes. I have liquidated some of the premine to pay for development costs that have come out of my pocket for the last 1.5 years. The amount that was liquidated was 1.45M and this was done over the last 3 days. 7940000.99982 MTR remains in the premine wallet. You can count on a major fraction of this premine being burned within the next 90 days. There are many upsides to the offloading of some of the premine. 1. More holders of MTR = More interest / Increased ToshiDesk User base 2. More interest = More network stability / More Network Connections ( POS ) 3. More market activity = More Exchange Interest ( POLONIEX ) 4. There were just too few people with large amounts of MTR, and many were just hoarding, but not supporting the network by staking...in a sense killing the coin. 5. If you notice more buy support is popping up by the hour, and its funny to see more people want to buy now than 4 days ago when it had a streak of stable price for many months before. Many other reasons I can list for the reasoning behind why the premine was used for its intended purpose. So, it was either I continue to come out of pocket with money from my day job to continue funding this project, or it was use the premine for what is was intended for while maximizing upside potential for the market and community. Thanks for your understanding. Cheers, MasterTrader777
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toeshe
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October 12, 2016, 02:28:05 AM |
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(Translated from Spanish to English)
I need Master Trader Team, answer the following questions me please ..
1- As I'm sure the MTR 10,286,048. They will not enter the to bitrrex. Or another exchange?
2- Who controls 10,286,048 MTR, and where I can see it.
3- As I make sure that this coin will last a 1, 2, 3 or more years.
4. 10% Monthly. Generate inflation? Even when that 10% will be implemented.
5-When you leave a Wallet Android?
6- How many coins there so far?
7- One person owns more than 50% or 80% of the coins?
8- Are there any fairer distribution plan for the future of MTR coin?
9- The membership cost in Satoshidesk?
10- Question and Suggestion. They have not thought implement a revenue share gains with the inscription Satoshi Desk? Revenue share advertising or enrollment. That is very attractive. And not only attracts elite (A small group of trader) would attract many people to get some passive income. (Revenue share) with a renewal Weekly. Or monthly.
Thank you kindly, I hope your answer. Habemos investors who have eyes on MTR COIN. Because its value is much higher 700% of what is currently trading.
1- As I'm sure the MTR 10,286,048. They will not enter the to bitrrex. Or another exchange? Yes, you are correct in your assumption that those MTR will not hit the exchange. 2- Who controls 10,286,048 MTR, and where I can see it. The premine is currently controlled by me, as it has been since the conception of MTR and ToshiDesk.
You can see the pre-mine at this address:
MNFA9fEhQK4E25NgnYkswWcL6WaEQJwRG83- As I make sure that this coin will last a 1, 2, 3 or more years. Yes, there is no doubt that MTR will be around longer than 3 or more years. MTR has been a project we have been working on for 1-2 years already and there is no end in sight for development. We will continue to better the MasterTraderCoin/ToshiDesk brand with other additions to the project.
ToshiDesk is just are first conception we plan to bring to the table. 4. 10% Monthly. Generate inflation? Even when that 10% will be implemented. Yes, this 10% ( PROOF OF STAKE ) percentage was a vote casted by the community. Very early on the community voiced the want to add an additional percentage and as per the communities request, the change was implemented. Inflation of 120% per year will allow for a well balanced distribution pattern which promotes long term investors.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FSKoFUjE.png&t=665&c=TuaRRfDbHjNdcQ) 5-When you leave a Wallet Android? Currently MTR doesn't host the compatibility for an Andriod Wallet. We were once in talks with Coinimi to have them add MTR to the platform, but plans for that were put on hold. If the community request that the Andriod wallet be introduced, I'm sure I can get the right personnel working on it to bring a Andriod wallet into the MTR forefront.
6- How many coins there so far? Currently there are 833K MTR in Public Supply.
Math on that is [ Current Count (10,293,231 MTR) - ( 9,460,000 PREMINE ) = 833,XXX MTR ]7- One person owns more than 50% or 80% of the coins? No, there is not one single investor that owns 50% of the coins, let alone 80% of the coins.
If you consider me as a developer holding the pre-mine of 9,460,000 MTR then technically you could conclude I own 90% of the current coin count. This has been a premine that's been protected and respected since conception and I would never sacrifice the communities well being and/or the ToshiDesk / MTR project being selfish with it. I have been in procession of the premine for over a year, and even at MTR's best days I was never tempted to mess around with it.
The only deductions that have taken place from the PREMINE are the 3 owner quarterly distributions of 60K MTR over the last 9 months.
One of our dev's hold their MTR on the Bittrex Exchange.
I personally have sold a few MTR on the exchange to take care of daily overhead and operational costs. I have posted many transactions receipts proving the major expenses to keep this project afloat and lets just say, there is never a month where any less than $1200 is paid out for these costs. Servers are $500 a month alone, not to mention development costs across the board. 8- Are there any fairer distribution plan for the future of MTR coin? Yes, there are many ways in which MTR will be more fairly distributed over the next 5 years.
First it starts with ToshiDesk.
ToshiDesk will employ traders to be tipped by their followers for good calls and analysis on the platform. MTR will be the only currency that will be used for tips across the ToshiDesk platform.
ToshiDesk Top Trader Contest will also take place within the platform, allowing the most profitable traders the chance to win weekly MTR prizes.
ToshiDesk Weekly Coin Giveaways will also be possible with funds donated from other coin communities promoting ToshiDesk users to stay committed users. Who doesn't like free coins every week for being a loyal ToshiDesk user?
MTR USB Stick Giveaways at Crypto Conventions will also play apart in attracting new users for ToshiDesk and MTR.
There are many other ways in which we plan to disburse MTR throughout the crypto community and will keep you updated as those plans are carried out.9- The membership cost in Satoshidesk? We plan to charge $10 USD Monthly. This Membership costs will be payable in MTR only.
The plan at first, was to allow users to pay with BTC and Credit Card too, but don't think that's the best idea for initial launch of ToshiDesk.
Hope these responses do help you in your decision to invest in MTR and ToshiDesk. Will be adding to this throughout the night. Just a rough draft for the most part. Had a lot more here before, but tapping backspace too many times and accidently touching the mouse during that same time made me lose 1000+ words to my response. Cheers, MasterTrader777
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toeshe
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October 12, 2016, 02:36:19 AM |
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Didnt take long to go from "premine will never hit a exchange" to " i did it as a favor for all the loyal investors now everybobys average has been lowered"
makes you wonder did DCgirl really pull her source code? could be a reason for the dump and the slow down
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EnacDomains
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October 12, 2016, 02:36:49 AM |
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hwo do i get me some
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toeshe
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October 12, 2016, 03:02:37 AM |
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hwo do i get me some
Pretty sure if you buy a t shirt off mastertrader he will send you a full colored brochure with all the info you will need
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foxtrot_the_fud
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October 15, 2016, 09:22:11 PM |
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Anything dev? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ??
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BitBerau
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October 19, 2016, 11:25:07 AM Last edit: October 19, 2016, 07:56:42 PM by BitBerau |
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There is an active scam report against "MasterTrader", he has scammed me 1.3BTC. I highly recommend not to trust Mastertrader, until he resolves this scam report. Thankh you.
NOTE: I didnt get scammed due to his the MTR coin, its something unrelated, its about his trading services. Check out the thread Scam thread: https://bitcointalk.org/index.php?topic=1651462
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jc12345
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October 19, 2016, 03:06:14 PM |
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There are several posts over the last few months where it was clearly articulated how he killed MTR by dumping the premine after he said he wouldnt. It is your own fault to believe him after that. I hope you get your money back but I wouldnt put money on that though.
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crazywack
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October 19, 2016, 07:15:09 PM |
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It would be nice to get an update...
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BitBerau
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October 19, 2016, 07:58:08 PM |
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There are several posts over the last few months where it was clearly articulated how he killed MTR by dumping the premine after he said he wouldnt. It is your own fault to believe him after that. I hope you get your money back but I wouldnt put money on that though. I didn't get scammed by his shitcoin, its something unrelated to this.. He offered me trading signals for a cost, check out the scam thread guys. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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