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.
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.
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 donāt sell to investors, they sell to gamblers.
Iād 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?
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.
Thereās one simple reason that MAID is not on more exchanges or that its price is not reflecting the projectās potential.
There is no working product yet.
We will not see any meaningful change to this landscape until at least a public BETA release.
Sad but true
Hm, I guess we do not have at least a beta version yet. The potential function is so great compared to everything elseās completed version that it basically feels like itās out already. I donāt know how many top100 projects also donāt have a product. Theyāre mostly based on Blockchain, or similar complete group consensus mechanisms, so, fairly simple by comparison. Well anyway, time for V5! Soon.
Crypto markets are moved by trends and fads, thatās 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 doesnāt care in the slightest whether a project or coin is any good, or what its long term prospects are. They arenāt planning to use it, and probably donāt 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 āget itā thatās the problem, because it puts you at odds with 95% of the money in crypto which really doesnāt understand any of it and doesnāt even want to.
Edit: Just thought maybe that means maidās 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?
Yes. I have a friend who told me to buy doge because EM endorsed it The he reads an article that says bittorent will hit usd2 and he texts me again.
Thereās an imposter sitting in our seat (but not for long)
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.
Dfinity looks like it could be quite useful. It letās you buy cloud computing from participating data centers with a crypto token. I wouldnāt call it a competitor to SAFE though, more a competitor to AWS and other cloud providers.
Your friend may not be a very keen trader. That Tesla guy is a moron, closer to Edison than Tesla .
So completely different than paying with money or bitcoin?
What I hate about all these so called projects is they try to shoehorn crypto into problems that donāt need it⦠They just want to have an excuse to create a tokenā¦
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 wouldnāt be able to give a lot of tokens to themselves for free.
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. Itās all about making money from dumb investorsā¦
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!
So we donāt see this project as a Maidsafe killer?
This project still has the clearnet fundamental flaws?
Not even on the radar to be fair. Just another newish project. Canāt do what maid safe is doing without a long development cycleā¦
Edit :Seems like competion for etherium. Its not a new internet and itās not anonymous or encrypted. Looks to me its an entirely different thing, definitely not competition.
It doesnāt 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 thoseā¦
Would that be possible? My interpretation of the statement from Binance is that they will not support or list maidsafecoin
Seems correct, I guess we may have to wait for safe tokens or other exchanges unless they go back on their word ā¦