Re: Mcoin.io – self service Mastercoin order book

Important update: I was using Bitpay as payment processor for "Buy now" orders on the site. Unfortunately, they don't want me to use their service, I just received this email:

Quote

We are a payment gateway not intended for the use of exchanging cash or cash equivalents. The sale/exchange of currencies using our services is not permitted.

So I have to modify the site and switch to another payment system. I took all prefunded ("Buy now") orders offline for now and will put them online again as soon as the new payment system is in place. If you currently have a prefunded order you can of course request your Mastercoins to be sent back, just send me a PM.

If user A sends (prefunds) MSC, and user B sends BTC, what part of the trade requires the use of Bitpay?

Bitpay is not necessarily required. But it was nice to use since it sent a callback to the website after a successful payment. Then the order was automatically removed from the order book. This took away some work I would have to do manually otherwise.

Instead of just taking prefunded orders offline, wouldn't it be more fair to add them manually to the list at least as normal, non-prefunded quotes? Isn't the current setup really unfair to the people who used prefunding?