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Showing 20 of 56 results by tantanbit
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Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 16/01/2014, 16:17:30 UTC
Just updated my offer document (https://docs.google.com/document/d/1eYI_R8leBvV5-UhsTuDi3WqhpMAxiTRvTw8e2m2jpKY/edit?usp=sharing) as follows:


1/15/2014: Due to the rise on MSC prices, the prices which I posted 1/13/2014 are only valid for another 12 hours (pricing expires 13:00 GMT 1/16/2014). I will not be online between now and then, but I will honor these prices if you contact me before that time and I haven’t sold out (first come, first serve).

Price goes down again, you can leave your offer.  
Joke is on you.  Price went up.

I'm pretty sure the price fell 25% in the last few hours.
JR said  the highest is 0.15
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Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 14/01/2014, 05:17:27 UTC
so when is this downtrend turning around?
when the man finish his show
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Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 14/01/2014, 03:42:17 UTC
Here is what I feel will happens roughly :

if (JRprice == x)
{
     masterXchangePrice = x - 10%;
}

In my humble opinion, trading OTC will impact the market more than trading quietly on an exchange.

First, all trades impact the quantities available in the same way, if you sell 1000 MSC OTC, that will always be 1000 MSC that wont be bought on the market. There is no "if you dont trade on the exchange the price will not be impacted !".
Thats an economical fallacy; the price converges to the same value everywhere and the exchange is a part of the market in the same way that the OTC is.

Second, saying that you have X quantities to sell at Y prices is much worse than trading them little by little : As long as the market expect a bigger quantity to be traded, the price will correct itself until the price discovery process is finished. Thats like bill gates announcing that he will sell 1% of MSFT the next week. What huge holders are doing is that they pay brokers to liquidate the quantities as quietly as possible on the marketplaces.

Having said all that, I will add that this is only an opinion and that its really great that JR is commiting himself to Mastercoin full time Smiley

This is all fascinating to follow in term of economic theory

Yeah, by doing this so publicly, I'm basically ensuring that the price drop happens BEFORE I sell, rather than my sell causing the price to drop. If I had sold privately, the price would have still gone down, and nobody would have known why until somebody noticed in the block chain that J.R.'s coins were being sold, potentially causing a HUGE panic.

It seems clear that I would have done a LOT better doing this privately, without telling anybody what I was doing until somebody noticed my coins being sold, but this way seems more ethical to me.

JR, I'm sorry to point this out, but when you made the announcement 5 days ago, you wrote:
"I hope to sell 3-6% of my total MSC holdings (5000-10000 MSC). If I haven't sold them by August 1st 2014, I'll sell more aggressively.".
First, it would appear you didn't run the announcement by the Board. Ripper had to immediately start speaking on your behalf to clarify the message. It appears you ran solo, without analyzing what kind of message your announcement sends. This shows questionable judgement on your part.

Second, could you please explain why, when you just caused a panic sell 5 days ago, you cause another drop by forgetting your promise of keeping the prices you announced until August? Kindly explain your thought process, because I'm really at a loss. The founder should act in a predictable, altruistic way.

I would also suggest you do a session similar to Reddit's AMA, where the community can send you questions, and you actually answer them. This is the only ICT project I've ever been involved in where the leader is the least visible and most unavailable person in the project. It should be the other way around.

My apologies for the harsh words, J.R., but I think we deserve answers.


Sure no problem.

Yes, the board was aware I would be selling (and in fact had been urging me to do so for some time). I don't think anybody was prepared for the way people panicked though. Ron (Ripper) had to jump on reddit and calm people's fears because I was offline at that time. He and I had been discussing my planned sale just a few hours before I announced it.

August 1st is when I qualify for long-term capital gains on my Mastercoins, and therefore I'm more willing to sell when we get there. I did not mean to imply that I would never change my price between now and then.

I REALLY want to work full-time on Mastercoin, and that is what is driving me to do this, painful though it is to see how the price has fallen. The price movement is simply what happens when somebody sells into very thin volume. Hopefully the current price will be a window of opportunity for a few people who've been kicking themselves for missing out on the initial 1Exodus distribution. Smiley
you won't stop until you destroy the market? you really don't  known what  you are doing means ?  if  you relly want to sell, release a client ,give a big news ,people won't buy things that is droping price. you can check the volume of the market ,it's dying. no one dare  to buy before you finish .
bad english ,wish you can understand.
if (JRprice == x)
{
     masterXchangePrice = x - 10%;
}

very right!!!!
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Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 09/01/2014, 02:35:40 UTC

On Wed, Jan 8, 2014 at 2:38 PM, wrote:

Quote
    Hi guys,

    Heard there is a block out there, any price target ?

    ------

Quote
Hey ------!

Here's my post about this: http://www.reddit.com/r/mastercoin/comments/1uo0ft/buy_mastercoins_directly_from_jr_founder_of/

Current prices:

    0.2 BTC/MSC for most orders under 100 BTC (0.19 for one guy who was close to 100 BTC)
    0.18 BTC/MSC for a couple orders right at 100 BTC
    0.17 BTC/MSC for a couple orders around 1000 MSC


Buyers are lining up. Smiley Thanks!
hope you finish quickly,the early you finish ,the early  the market be saved
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Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 09/01/2014, 01:47:10 UTC
Sorry to send the market bouncing around guys! Most of you seem to get what is going on here, but for those who have any question about my commitment to the project, here is a clarification I just posted on reddit:

Quote
Edit:

I'm sorry that the post above did not adequately convey my excitement to get a chance to work on Mastercoin full-time! Ripper is completely correct in his posts below. I have taken a lot of criticisim for not diversifying in the past, and now I am finally doing so, with the added benefit of getting to work on my passion full-time.

As for the concern that people would dump coins on the market and then try to buy them back cheaply from me, I will not sell in such a situation. The price would have to stay down for a long time before I would accept it as a new market equilibrium. I'm very sensitive to the lack of volume on our exchanges, so I'm prepared to wait a long time for the right buyer(s) to come along. There will be no "dumping".

Please keep in mind that this is only a tiny fraction of the Mastercoins I have, and the ONLY reason I'm selling them is to pay pressing bills and get more time in on Mastercoin. I am so excited to be a part of this, and I MUST get more involved!

Thanks!
if you set the price 0.17 ,then the market price will never be higher than 0.17 ,peopel will buy from the market not from you. and selling Behavior also make some  people to keep away from msc .what you should do is giving good news ,attract more people in msc. when the markt is large enough , you can easily sell your msc on the market .
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 08/01/2014, 11:45:26 UTC
what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
jr could't be so stupid ,so  this is a plan,just to disperse  msc to  make  more people in this system
是吗?为了让更多人参与?所以要便宜?那不要钱岂不是参与的人更多。。very very much!
确实,不管出于什么目的,真的很傻逼,确实很傻逼。really really stupid
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Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 08/01/2014, 11:01:33 UTC
what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
jr could't be so stupid ,so  this is a plan,just to disperse  msc to  make  more people in this system
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 08/01/2014, 10:53:41 UTC
what  happened to  jr,  he should'nt be so stupid.  don't he known he can't sell msc by this way even at a very low price?  am i an idiot or him is ?  now  price is 0.09.happy
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 08/01/2014, 08:12:16 UTC
even  jr  can‘t wait for the client,which means  there will never be a client  recent time
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 08/01/2014, 06:58:20 UTC
Interesting. I guess the bitmessage sells on mcoin.io are dacoinminster's.

I actually haven't started yet.  Smiley
this is really unwise. by the way ,how about the client

make me think there never gono to be a client
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 08/01/2014, 06:12:32 UTC
Interesting. I guess the bitmessage sells on mcoin.io are dacoinminster's.

I actually haven't started yet.  Smiley
this is really unwise. by the way ,how about the client
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Topic
Board Archival
Re: [VSC]Visacoin:Born for circulation--based on BTC-Gold--Project start!!!
by
tantanbit
on 26/12/2013, 12:47:49 UTC
眼红msc而已,这方面,msc是原创。 跟着是bts,再然后nxt也来了·······人傻钱多速来。··msc is open souce ,just copy it after  msc wallte released
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 25/12/2013, 02:43:24 UTC
the latest price  0.348 on exchange
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 23/12/2013, 05:54:36 UTC
sell 100@ 0.19  ,use escrow.can anybody see me
Post
Topic
Board Marketplace (Altcoins)
Re: MasterCoin Buyer/Seller Thread
by
tantanbit
on 20/12/2013, 16:45:17 UTC
hello,sell 300 msc @0.18.  i need btc
Post
Topic
Board 中文 (Chinese)
Re: [TF|吴泽岳诈骗案] 国内维权召集贴
by
tantanbit
on 03/12/2013, 12:38:38 UTC
Post
Topic
Board 中文 (Chinese)
Re: [TF|吴泽岳诈骗案] 国内维权召集贴
by
tantanbit
on 03/12/2013, 06:00:37 UTC
clID:tantanchina   72.59228854   
Post
Topic
Board 中文 (Chinese)
Topic OP
被CL骗了钱的,大家加个群分享信息吧
by
tantanbit
on 03/12/2013, 03:24:26 UTC
所有中国受害者加QQ群,大家一起努力
88987966。  anybody  is welcome,we can share information and do sth togher.
澳大利亚发起诉讼的哥们说他已经拿到钱了,不继续了。我觉得TF应该不会还中国人的或者最后还中国人,大家一起想办法吧
https://bitcointalk.org/index.php?topic=336217.0
Post
Topic
Board 中文 (Chinese)
Re: 如果你们也被TradeFortress偷了钱
by
tantanbit
on 03/12/2013, 03:23:06 UTC
所有中国受害者加QQ群,大家一起努力
88987966。  anybody  is welcome,we can share information and do sth togher.
澳大利亚发起诉讼的哥们说他已经拿到钱了,不继续了。我觉得TF应该不会还中国人的或者最后还中国人,大家一起想办法吧
https://bitcointalk.org/index.php?topic=336217.0
Post
Topic
Board 中文 (Chinese)
Re: 他从我们这里偷走了什么?
by
tantanbit
on 03/12/2013, 03:11:42 UTC
所有中国受害者加QQ群,大家一起努力
88987966。  anybody  is welcome,we can share information and do sth togher.
澳大利亚发起诉讼的哥们说他已经拿到钱了,不继续了。我觉得TF应该不会还中国人的或者最后还中国人,大家一起想办法吧
https://bitcointalk.org/index.php?topic=336217.0