Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
I just spoke to 40 people in a room doing a Mastercoin hack-a-thon (http://[Suspicious link removed]/mastercoinhack) 
We've got multiple fronts of dev effort happening right now, on Omniwallet, on a new cross-platform desktop wallet, a cross-platform command-line client which will become the parsing engine for all implementations, and of course the spec.
Now, regarding MSC price:
Of course, we all hate to see MSC price taking a beating, but I am pretty sure I know why. One single person convinced a major MSC holder to pay them a large sum in MSC as an upfront payment for some promised work, despite my warnings that I was certain from previous experience that this person would immediately liquidate most, if not all of them. Sure enough, as soon as they got their hands on the MSC, it went straight to MasterXChange, and the price started dumping hard. Sigh . . .
I'm convinced that as we demonstrate more uses for MSC (for instance, the distributed exchange between MSC and child tokens), we'll have more people enter on the buy side.
Please keep in mind that MSC is volatile by design, and it can spike up just as violently
This is bullshit and you know it. Now you have become part of the scam. MSC was completely fucked by whoever did that price fix trick with MAID. About $3 million went to big MSC holders - who then liquidated the MAID back to BTC. That scam ruined both MSC and MAID. You won't rebuild the trust. Have all the hackathons you like, once the scammers get into the works, the project is dead. Who pushed the hardest for the .2 fix? That is the guy responsible for MSC demise ; not the guy who sold as you describe.We've got multiple fronts of dev effort happening right now, on Omniwallet, on a new cross-platform desktop wallet, a cross-platform command-line client which will become the parsing engine for all implementations, and of course the spec.
Now, regarding MSC price:
Of course, we all hate to see MSC price taking a beating, but I am pretty sure I know why. One single person convinced a major MSC holder to pay them a large sum in MSC as an upfront payment for some promised work, despite my warnings that I was certain from previous experience that this person would immediately liquidate most, if not all of them. Sure enough, as soon as they got their hands on the MSC, it went straight to MasterXChange, and the price started dumping hard. Sigh . . .
I'm convinced that as we demonstrate more uses for MSC (for instance, the distributed exchange between MSC and child tokens), we'll have more people enter on the buy side.
Please keep in mind that MSC is volatile by design, and it can spike up just as violently
And what about dacoinminster who was able to drop his job and to focus on mastercoin...?
Nothing but total silence for so long. The MSC project is over. Dead.