Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
Rampion
on 14/11/2013, 21:32:03 UTC

We're doing this escrow service to help grow the user base of Mastercoins and help in price discovery before launch of DEx. It would be greatly appreciated if users do not use this manual trading system (which is very very tedious, time consuming & risky; on the part of the escrow agents) for trading and profit-taking.

Thank you

This is raging BS.  You've been an escrow agent for a couple of days and now you want to suppress free markets by dictating which traders should have access based upon their motivations?  Are you kidding?  I think you should withdraw this position right away.  

You and Max bring liquidity to the market and that is very valuable for all concerned no matter what their motives are.  It greatly helps the fair market pricing.

But you are nuts if you think trades should be restricted to those who can be considered newcomers.  What a crock.  

 

Sorry if I did not make myself clear. I mean short term trading/profit taking.

Do you think it is reasonable to use this service to buy using escrow and then sell using escrow within 40 minutes for a few percentage point profit?

Edit:
I will gladly "withdraw this position right away" if I get one, just one(1) other user who thinks that my request is not reasonable.

This is why a market of escrows that charge a fee is needed for the free market to function well, otherwise you might be overwhelmed by people "daytrading", if they want to do so its their perfect right but without charging a fee its simply not viable, you are just working for free and that creates many negative incentives.

I really hope the DEx arrives soon Wink