Quote from: Luckybit on October 23, 2013, 10:37:59 AM

Quote from: klee on September 04, 2013, 12:15:47 PM

Quote from: bybitcoin on September 04, 2013, 11:26:08 AM

there have been sent approx. 5000 btc to the Exodus address, each equals 100 MSC + average %20 bonus which should equal to 600K MSC.
To this you can add the future 10% that will be added gradually which will be finally about 660K MSC (which shall be less since 60% of bitcoins arrived in the last week that only had 10% bonus reward)
May you explain us how did you arrive to 50M MSC number???
Also where did you buy your logic from!?

5000*100=500K my mistake!!

So it would be 660K all, thanks for that!

So my calculations were far off, nevermind! I tried to base them on the total numbers of MSC vs that of BTC...

EDIT: MSC would be around 7.5 times less than BTC hmmm...

Now you see where I got my 2 BTC per Mastercoin price from. I calculated the total number of Mastercoins which will ever exist against the total number of Bitcoins. I also considered factors such as the chance of Bitcoins being confiscated. I think Bitcoins will be confiscated far more often than Mastercoins. There are unknown variables of course and this is still the speculation phase. Until we have a working exchange and until we see progress on the protocol itself the price I have in the sell order is based on what I believe Mastercoin will be worth just prior to a completed decentralized exchange. I'd be willing to sell for a range between 1.5 and 2 BTC per Mastercoin. Any less and I'll just wait until it the decentralized exchange is working.

Quote from: klee on October 23, 2013, 09:06:15 AM

Quote from: grishnakh on October 23, 2013, 09:04:21 AM

Just a suggestion to MSC holders. There is no benefit of pumping the price at this point when the price is based on pure speculation and future hopes. Actually selling MSC at a fair price will increase the amount of people involved in the Mastercoin ecosystem and benefits the project much more.

True. I had many offers in the 0.12-0.13 range but I decided to sell on 0.1 instead!
We have to see more long term - we need many people in this in no bubble prices..

Mastercoins are divisible so we can sell cheaper if we sell in smaller portions of 0.1 for instance. I don't think there will be a problem with demand if it works. I do agree right now it's in demand because a lot of people need a decentralized exchange, and a lot of people are looking at factors like the amount of development/contest resources, the level of marketing (the fact that Mastercoin has websites already says a lot about it), the particular people involved with it and their level of talent, all of that goes into setting the price.

But the value isn't the same as the price. Right now it's got no value yet because we cannot do anything with it so the price is based on a prediction of what we expect the value to be once completed. We are basically buying at these prices because we believe in the developers and in JR to follow through and meet our expectations.

Quote from: bybitcoin on September 04, 2013, 01:30:28 PM

This thread is not for speculation, it is just for bid and ask placement, so please transfer your speculating games and thoughts to another one more related. Or perhaps you can open one new thread yourself and speak with people with the same morality over there!

After Mastercoin has value we will need a speculation thread. Right now it's too soon to create one. The time to create a speculation thread is when the first working Mastercoin client is released. Until we have a wallet which works, there is no way to predict the demand until we can figure out how many people are downloading that wallet.

The next thing to do would be to see what happens once we have a decentralized exchange with smart property. I think that will be the big coming out event.

~too funny>> this whole MSC movie is pure speculation! Plus no matter what happens you are going to have to deal with me and my team on some level getting the stock market/options idea to the otc market !!!! hello anyone here?zzz