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

Keep the faith!

Cream rises to the top! I think there will be many more ups and downs, but I do believe this team will get there, and finally, Maidsafe will reach the Summit.

:slightly_smiling_face:

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Very true! Most people just want to ride the hype train and get rich. Exchanges will happily open their doors to folks will to make bets like that. Casinos don’t sell to investors, they sell to gamblers.

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I’d say the average MAID investor is quite unlike the average Doge investor. Different personalities, investing with different time scales, based on completely different perspectives.

Those seeking value and long term rewards may look to MAID. Those wanting a quick buck with be more interested in Doge. The question is, who will get the best return and who will get the most burnt?

IMO, projects have seldom shown the longevity and community support that MAID garners. This is a good place and the goals are aligned with what humanity desperately needs. What about Doge?

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The sweet spot eventually should be though that some people come for the long term and others come for a quick buck to maid which provides liquidity and excitement. Unlike bitcoin as well which has holders from 10+ years ago, it also garners new long term holders daily. Truthfully maid is being held up by only long term holders, not traders and not new long term holders.

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There’s one simple reason that MAID is not on more exchanges or that its price is not reflecting the project’s potential.

There is no working product yet.

We will not see any meaningful change to this landscape until at least a public BETA release.

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Sad but true

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Hm, I guess we do not have at least a beta version yet. The potential function is so great compared to everything else’s completed version that it basically feels like it’s out already. I don’t know how many top100 projects also don’t have a product. They’re mostly based on Blockchain, or similar complete group consensus mechanisms, so, fairly simple by comparison. Well anyway, time for V5! Soon.

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Crypto markets are moved by trends and fads, that’s part of the problem of it going so far past what the fundamentals would justify: it makes it difficult to use fundamentals. So everyone putting money in or coming to crypto for the first time doesn’t care in the slightest whether a project or coin is any good, or what its long term prospects are. They aren’t planning to use it, and probably don’t want to own it in six months time. They only care whether its trendy and which celebrity mentioned it on social media.

In a sense, its the fact that you do ā€˜get it’ that’s the problem, because it puts you at odds with 95% of the money in crypto which really doesn’t understand any of it and doesn’t even want to.

Edit: Just thought maybe that means maid’s time to shine will start during the bear market when it keeps its value better and rises through the rankings, rather than the bull market when lots of weak hands are piling into anything without doing any research beyond twitter mentions?

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Yes. I have a friend who told me to buy doge because EM endorsed it :man_shrugging:t3: The he reads an article that says bittorent will hit usd2 and he texts me again. :man_facepalming:t2:

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There’s an imposter sitting in our seat (but not for long) :smirk:

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A Binance listing would be very welcomed. With all the shit coins getting listed on there it is really puzzling SAFE is still MIA from the big exchanges.

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Dfinity looks like it could be quite useful. It let’s you buy cloud computing from participating data centers with a crypto token. I wouldn’t call it a competitor to SAFE though, more a competitor to AWS and other cloud providers.

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Your friend may not be a very keen trader. That Tesla guy is a moron, closer to Edison than Tesla :wink:.

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So completely different than paying with money or bitcoin? :joy:

What I hate about all these so called projects is they try to shoehorn crypto into problems that don’t need it… They just want to have an excuse to create a token…

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Being able to pay with a crypto token rather than dollars has many applications.

They could of course have used Bitcoin instead, but then they wouldn’t be able to give a lot of tokens to themselves for free.

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Exactly, its all a gimmick to create money out of thin air.

Most of thsee guys just shoehorn an idea into crypto no matter if it makes sense or not. It’s all about making money from dumb investors…

When the bubble comes, and it will, there will be a river of tears. Only the few projects that are sound and smart will continue.

Maid is probably one of the few rare projects that makes any sense!

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So we don’t see this project as a Maidsafe killer?

This project still has the clearnet fundamental flaws?

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Not even on the radar to be fair. Just another newish project. Can’t do what maid safe is doing without a long development cycle…

Edit :Seems like competion for etherium. Its not a new internet and it’s not anonymous or encrypted. Looks to me its an entirely different thing, definitely not competition.

It doesn’t tackle the issues of free speech and annonimity. Seems like a platform to launch crypto apps over the web. Like we need another one of those…

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Would that be possible? My interpretation of the statement from Binance is that they will not support or list maidsafecoin

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Seems correct, I guess we may have to wait for safe tokens or other exchanges unless they go back on their word …