A faucet would be a great thing. I think the current price spike is mostly because more and more people are learning about Mastercoin and are afraid they could miss the boat. So it would be great if they could get their hands on a small amount of Mastercoins.
JR could set up a giveaway thread, similar to the Ripple giveaway thread. This would bring Mastecoins to the masses and would bring more attention to the project at the same time. I'd be willing to donate some of my Mastercoins to this.
JR could set up a giveaway thread, similar to the Ripple giveaway thread. This would bring Mastecoins to the masses and would bring more attention to the project at the same time. I'd be willing to donate some of my Mastercoins to this.
+1
I vote on the faucet idea. I don't favor that kind of regulation either and I think a faucet would work just fine. It would build hype for the launch of the decentralized exchange, increase interest in Mastercoin, and give people a reason to use it.
I keep thinking that I need to find a way to throw some water on this fire before someone gets hurt, but the only way I can really do that is to sell some MSC, which I don't want to do at these prices 
I hope everybody isn't buying now with the intention of selling when the distributed exchange opens. If so, that very positive news for MSC could actually be correlated with a price drop!
Be careful folks.
I hope everybody isn't buying now with the intention of selling when the distributed exchange opens. If so, that very positive news for MSC could actually be correlated with a price drop!
Be careful folks.
the only way the price will drop is when those guys start selling their stash..
https://masterchest.info/lookupadd.aspx?address=15WrQhYhHts7jTMoGJ9rDCD12JuCTKy7MM
https://masterchest.info/lookupadd.aspx?address=196V2uB471HoMHwbkQRQRiwd3aYpU6RtWg
https://masterchest.info/lookupadd.aspx?address=1D11zSkRGnn6VMgaipqNeD2rtQfN5ywos3
https://masterchest.info/lookupadd.aspx?address=17VP7dV8dxn3pDVxrjtgPiKhs37FLBBX7u
At some point they are probably going to dump their stash. The way to dampen the effect is to distribute the coins more widely.