sanity ? lmao selling coins of some unclear protocol that is at odds with the BTC devs ...yes BUY BUY BUY!!

LOL
Well you say the same thing as me, but with opposition mark

Disclaimer: I sold 90% of my coins

But if dacoinminster's neutrality and passiveness do not kill his own project, I believe the real price (WHEN AND IF ALL THE FEATURES ARE IMPLEMENTED) is about to land and stay around the 1 BTC horizon.
Some kids are excited and spamming these threads reasoning about why it will be 20-30 BTC per MSC by two or three years, I invite them to do a simple multiplication (~600K MSC*30 BTC). God bless btt community!
Have someone from Forbes, Huff Post, etc. pick up a story on Mastercoin, and see how long it takes it to get to the 1-2 BTC point. That's all that will be necessary.
I think once a basic distributed exchange is in place and being used (as per the current bounty) that could end up happening. The way it rides on top of the bitcoin blockchain is very interesting and I would think worth writing about, once you have something you can share with it in the article (i.e. working distributed exchange, etc)
I'm the one who said Mastercoin could someday be worth 20-30BTC each.
That is 18,000,000 Bitcoins if you're doing 600,000*30. This number is irrelevant though because you don't have to buy Mastercoins with Bitcoins so it's not really known how much it could be worth. A Mastercoin could go for way more than that too.
Honestly I don't know how much Mastercoin will ultimately be worth, but I expect 1-2 BTC per Mastercoin at some point. 20-30 BTC per Mastercoin depends on too many factors which no one can predict and is years away from happening if it happens at all. Kind of like how Bitcoin will probably go to $1000 but $100,000 we just don't know.
I would say don't buy Mastercoin under the certainty that the protocol will work. It's an experiment, it's high risk, and if it fails then the Mastercoins could be worth 0. If it succeeds then the sky is the limit.
If it succeeds, the value goes to 0 as well, since it can be copied, and someone creates their system using Mastercoin2. The best hope is the project never gets enough traction to prove failure or success, and random speculators keep trading value, and you get out before it's too late.