Yes, you'll end up holding an illiquid trading vehicle for a coin nearing its 1-year anniversary with very little to show for it.
That's pretty funny. I bought MSC at .01 last year and today they are worth .03. That is 300% appreciation. Can you please give me another investment so good as MSC?
MSC is working hard on a kick-ass protocol. They don't care one bit about the exchange and liquidity. Those are private markets having nothing to do with protocol development. If people buy and sell there, it has nothing to do with the money held by the foundation to hire programmers to continue their work to advance the protocol. The foundation does indeed hope BTC price goes up so they have more money to pay others, but only the day traders give a flying fuck about the very meager trade activity in MasterXChange. MasterXChange is no reflection whatever true value of the MastercoinProtocol. Only a very tiny percentage of MSC holders participate in MasterXChange activity - and nearly all of those are kooks.
MasterXChange doesn't reflect any true consensus of value - only those holding appreciable amounts of MSC could tell you that.
TraderTimm - you sure spew out tons of shit. Did you lose your wife's ring in this deal?
You took what TraderTimm said completely out of context. You nitpicked on one small thing he said and went off on a tangent. What he was doing was just commentating on sections of an article posted by Forbes. I guess they "spew out tons of shit" too. Having meager trade of your coin can show that a lot of people arn't coming into the project and getting there own coin. That being said it somewhat reflects true value. You really didn't say anything in your post.