If the price was reasonable there would not be a liquidity problem.
Sure you can force liquidity but the underlying issue remains, the price is not reasonable.
When it is ppl will sell, this is the backbone of free markets.
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I would agree that getting exchanges is more important than the US market, but there is no need to separate the issue. Focus on exchanges that operate in the US as the first targets. Despite whatever feelings people have about the US, it makes up nearly a quarter of the worldâs GDP and disposable income, per capita, is in the top three in the world. Being out of that market will suppress demand (and therefore the price).
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Another fruitless battle I engaged in a month agoâŚthe GDP debate in which was met unpleasantly haha.
Wishing for change in Tuvalu implies caring about Tuvalu.
I care about exchange listings anywhere. But I care about other things more, and I donât think spending time and money on trying to get around the wishes of the most powerful government in the world is worth it right now.
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Forgive the rather simplistic perspective I am giving here but I concur that having all eggs in one basket can be disastrous if that exchange runs into problems, secondly, lack of exchanges means lack of exposure, lack of exposure means lack of interest and investment.
The exchange issue is fundamental, cannot be overlooked and should be the priority. Great products have failed before because of the inability to promote or been eventually superseded with those who have piggybacked and done a much better job of promoting.
I am merely quoting what I hear time and again from people within the crypto sphere, but many of them see this as a great idea which lacked in direction, thus, donât see a significant presence for this.
We are never going to see meaningful sustained price rises with the current exchange issues.
I feel in order to maintain transparency it would be a good idea to communicate what is creating issues with getting on these exchanges going forwards.
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This is a very good point. Most people are not willing to sell at those prices.
I would just add I am feeling there is at least 1 big hungry whale not buying significant amounts now, just in order not to triple the prices. Imagine yourself worth 100BTC, having 3BTC of MAID already, now wanting to allocate 17BTC of MAID more. Placing big market order doesnt make much sence. Maybe in the future, once you are there with 10 BTC in MAID and do want to buy 10BTC more. Now you need to silently buy 7 BTC without propping the price not too much.
The funny thing is once MAID triples in price, you already have almost 10 BTC in MAID even without you buying more.
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I canât agree, if ppl want to invest they will find a way, itâs that simple .
I do want / hope for an exchange that serves the states.
To my mind the most important part is proving were not vaporware, which is a prevalent opinion held by many would be investors.
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I would say the sheer number of years in development have addressed that one
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The number of years in development is exactly what causes the vaporware thoughts, we need a working product.
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The working product is not what drives interest though, sure, developments are but the interest across the crypto board hasnât been driven by working products, only from the potential of.
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Just go and read the bitcointalk thread, no one wants to invest in something they donât believe will come to fruition, they think the developers are leading a lavish lifestyle stringing investors along, only a working product will change that perception.
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I believe the easiest way to solve the liquidity and listing in exchanges problem is to make a 10 x. in price. Long-time holders will start taking some profits and the attention will bring new investors in. I think It is a high probability that this will happen before Fleming. We can see that there is one big investor that is accumulating at these prices. I have seen this happened over and over again with many low-volume coins. We have some potentially big news coming out soon that will make this much easier for a new market maker. Make a 10 x and we have all the marketing we need for the crypto world and all doors that are now closed will be open and the world will be super hungry for more information. Everything can snowball from there.
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Without enough liquidity, such a move if it happened would be a flash in the pan. None of this is sustainable without at least another half a dozen exchanges that themselves do decent volume.
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At what point do you add in PR, Marketing, and offices hours? What about listing on mid-tier, top exchanges? Are these listings MAID and SNTs or just SNTs? What is the plan outside of a working network and user engagement? Can you give us a detailed vision as to how this will work?
If this is a software project and beta is 6 to 8 months away then marketing would be already happening. I grew up and live in the silicon valley. PR and Marketing, market access for the token or product are not an afterthought. These need to be in place before Fleming. If not why and what examples do you have where this strategy is the best route?
How will Safe Network be defended against copies that use market forces and human nature with known game theory techniques? I understand that open source will be a strength ultimately but it is a weakness early on. How will this be addressed specifically?
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We need volume and we will not get that in this price range. No sellers. When the tech is proven we will get a repricing and increase in volume. Some holder/holders will make sure of that. The price/volum will open doors to new exchanges and so on. When it happens in crypto it usually happens quickly. No warning! With the best fundamentalt in this space the price will not go back to this levels.
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Exactly that!
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Now 465,647 MAID
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It looks that I could buy MAID on changelly.
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Now the MAID arrived in a batch of 22 transactions in one block. The previous addition was similar batch. The transactions doesnât seem to be linked in any other obvious way. I followed the paths of a few them and didnât find any evident pattern. Is this batching something Omni does as a protocol?
It really takes hours until somebody says: âIsnât it funny that MAID does +10% and the community remains silent. +10% and everybody is like âAnd what?â. Love this community! It really takes hours until somebody says: âIsnât it funny that MAID does +10% and the community remains silent. +10% and everybody is like âAnd what?â. Love this community!â.â
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