We would like to respond to the recent comments on this thread, but first of all to say kudos to maxmint for setting up mcoin.io. This is a greatly needed tool, especially for us at BuyMastercoin.com. Liquidity has been a great issue so far in this economy, since most everyone is hoarding.

I'd like to start by saying that there are many of those selling Mastercoins on mcoin.io, the orderbook, and other third party sites for 0.3-10 BTC/MSC. Infact the average asking price is well above what we sell our Mastercoins. JR who holds ~30% of the coins has publicly stated he will not sell for less than 1 BTC/MSC, and if someone offered him that he wouldn't think twice to sell. Nobody is calling these people scammers.

I'd like to add that we have always fulfilled every single order we received and have responded to every single email. We attempt our best to acquire Mastercoins for our customers at a low price point but unfortunately there are barely any sellers. The orderbook is highly outdated, and it is impossible that every order that we receive we would go to the forum hoping to find someone who is online and willing to sell. Our stated goal is to provide a SAFE, EASY, and CONVENIENT way for customers to purchase small and medium amounts of Mastercoins, and we are proud of achieving this goal.

The idea that the orderbook denotes a "market price" is very misleading, especially with 90% being outdated orders. Considering the amount of Mastercoins we sell (and buy) if we were to purchase directly from the orderbook it would push the price sky high or dirt low because of the low market depth and limited availablility. Those who are willing to contact us before hand and setup a pre-order as opposed to an on the fly order receive better rates since it allows us time to acquire liquidity. For those who simply want to buy a mastercoin or two, our only option is to purchase directly from sellers who will not sell at artificial orderbook rates.

We have been the number one source for newcomers to easily acquire Mastercoins and have been helping boost awareness, knowledge and the availability of Mastercoin by creating new demand. Those who hold mastercoins should love us since we helped raise the price of mastercoin by bringing huge amounts of BTC into the market that otherwise wouldn't have come in.

Without us there would be no way for certain people to get Mastercoins since not everyone speaks english, has a bitcointalk account and trusts a google doc orderbook. We have processed more orders and volume than all other sellers combined. We teach people how to send and receive Mastercoins. So for those who feel we are "scamming" simply read the directions on our homepage, contact us for bulk rates, and you will be surprised at the low prices we can actually offer.

-BuyMastercoin.com