MaidSafeCoin (MAID & eMAID) - Price & Trading topic (Part 2)

There is a SMALL chance that I can help 1 person recover some of their tokens on Polo.
There will be criteria that needs to be met.

DM me to discuss further.

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@DeusNexus what do you make of the MAID/USD candles on the 2h BITTREX chart? Continuous attempts to pump but long wics on what looks like price suppression…?

This things wants to break out but it looks like someone won’t let it or is intentionally and strategically selling off little by little around this price without dumping the price. That’s what I’m thinking anyways.

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If Maid was on the more popular sites it would be over $5 by now IMO

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This is true. To be a top project we need at least 10 exchanges. The very top have more. Not one popular project has only one exchange.

When the average investor sees only one legitimate exchange they assume the project is unhealthy and look no further. I’ve had to explain to people that despite the lack of exchanges the project is still alive. It gives off the signal of a dead or dying project.

A MAID price of $5 dollars would do wonders for funding the team. Even the dumping of Polo would be better absorbed. The lack of exchanges is damaging the image of the project.

We have the technology of a top project and the exposure of a dead one. It’s frustrating to be honest. I don’t understand how this benefits the network’s success. We have research showing what has to be done to be exposed to the world market. Without popular exposure I don’t see us achieve the status of a top project in the investment community. Less investment means less funds for the project and less developers coming to build on it.

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Yes, it’s a vicious circle and one I fear is just going to continue.
I have mentioned maidsafe to a few people and they say oh I don’t use that exchange and why is it on so few exchanges.

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In my opinion, we only need access to DeX. Currently, various aggregators are entering the crypto world, which allow you to trade simultaneously on all decentralized exchanges on the Ethereum network, the total liquidity is huge and crushes the centralized exchanges.

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Do you like Matcha better than 1inch? I’ve been using the latter.

What do we need to get on the DEXs? I agree DEXs are the future.

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I don’t use them and I don’t have an opinion, I just follow the trend to know what’s going on.

We need a wrapped MAID token and then a wrapped Safe network token. This is inevitable. The question is whether we will do it before a copy of Safe does it or we will be a victim like UniSwap and act hastily… It is really sad that the smart people in the community don’t understand that…

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It’s always frustrated me that coin price and exchanges have been seen as an almost unholy aspect of the project. You just have to look at the donations on bamboo garden fund to see how powerful coin valuation can be. Imagine if maidsafe coin had seen even just a small appreciation to 5 or 10 dollars. The fund would be 100 times bigger and the people supporting the project also 100 times by bigger.

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This is getting old.

You think that having lots of farmers and a high market cap means success. The team and many other smart thinkers disagree and believe lots of users and their data marks success.

I get that you disagree. I’m not sure we need to hear it on every other day though on many different threads.

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But would that donation have even happened in that scenario? Looking at the Filecoin forum and Reddit threads, they are full of talk about making cash and virtually none about apps. Pure ā€˜when lambo’, bubble blowing, stuff.

I’m so glad this community is so interested in what the technology is, what can be achieved by it and how it will change the world for its users.

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@Traktion You didn’t understand what I was saying. Please allow me to try to explain.

I don’t mean that - obviously having many users and theirs data is the success, we’re all here for that.

I say that for the users and their data to come will take time and for us to be here after 10 years we have to play the game well or someone else will come and throw us off the site.

I hope this helps and please let’s have our respect don’t tell me to shut up like I don’t tell you :love:

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Money is energy. I think you can have committed members interested in the technology and also have them with greater energy to contribute. I hear you about the lambo talk and speculation but imo that’s a price worth paying for an increase in energy.

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I didn’t tell you to shut up.

Please don’t suggest that people ā€˜don’t understand’ your argument though. It is understood. It is just disagreed with by me and others.

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Sorry I assumed you were telling me to shut up, I got it wrong.

One more time I don’t claim that more farmers and high price are the success we want.

Like everyone else, I believe that users using the network are the end goal for success, what I say is that without a large network it will be very difficult for us to achieve it, because a larger copy will be able to overtake us, and I believe that this is not understand and for that reason I say it’s sad.

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We’ve been around this already:

Why will there be a larger copy though? I keep seeing this argument from you but can’t understand why a second network would outperform the original??

Maybe you should look at how Filecoin has attracted so many farmers and capacity to their network?

They have token staking. Do we have token staking? No. Can a copy of Safe have a token stakes? Yes. And there are other schemes to attract people to be farmers …

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They are trying to make a profit. Do we need token staking when everyone has an equal chance of earning a snt? I’d be more worried about the banning/illegality prospect. Not that it would stop me using it.