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

Delay in data in some places, probably. Trading at 0.722 at uniswap atm with increasing volume.

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in my “noob” opinion in 2017 go up almost everything, because of bubble

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I would expect some attempt to get the word out to a wider audience with a road map and up to date white paper/primer. When is the white paper coming?

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we will know from roadmap

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And did you go ALL-IN?

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I still wonder why the USDC is being used as the main pool for EMAID on uniswap/ethereum and not USDT since USDT is the better option as being the most liquid and popular stablecoin on any exchange.
I mean, USDT has x10 more volume comparing to USDC (according to Coingecko)

:face_with_monocle:

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USDT has worse history than USDC.

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The beauty with uniswap is that you can add a pool whenever you want. If you got the liquidity to add, go for it. The market will use the pool it wants and eventually liquidty providers will swap to the pool that nets them the most returns.

You can btw just use usdt to buy emaid, uniswap will use the most efficient path to swap. When using usdt, sometimes you even get more emaid than when purchasing with usdc.

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The market decides, everyone is free to make whatever pool they want in UniSwap. Apparently the Safe community trusts USDC more…


Privacy. Security. Freedom

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Yes, price is weighted by volume across the different exchanges as from their methodology documents.

I get it, it’s a free market, anyone can add whatever pool they want, and it’s fine.
Yet, USDT has over 23,000 trading pairs while USDC has “only” 3,300.

If I have shitcoin “X” and I trade it for EMAID, I might pay extra fees on that trade going from X->USDT->USDC->EMAID in an already high fee market…

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USDT-USDC have huge thick liquidity, for $1 million you lose $600 - this is definitely not a problem:


Privacy. Security. Freedom

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I had liquidity and loaded my suitcases well… The tax system, and having to go through the cash register to sell some other crypto to buy e-maid, made me make that decision. Load suitcases and wait. Plan B is NOT TO SELL AT THE FIRST RAISE… I’ve been holding for 7 years… I have trusted the project…and I have always thought that patience pays, and pays WELL… So I will cultivate a little patience and be one more spectator waiting for the maximum splendor of the project.

[image]

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That’s not what I meant, I was talking about the blockchain gas fees.

Well Multihops transactions doesn’t cost more as a transaction fee:

https://www.reddit.com/r/pancakeswap/comments/pc1sxu/does_multihops_cost_more_in_gas_fees/


Privacy. Security. Freedom

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why maid have in these metrics (red zone) more % then emaid, if emaid has more then 20cent then maid

Think you can ignore MAID for now. just buy EMAID. And if you have MAID, do the switcheroo

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IMO…as it stands now, eMaid is only paired with USDC, a stablecoin. The price of eMaid now therefore is not depending on other crypto like bitcoin or ether. The few people that buy or swap for eMaid right now intend to hold it. There is no selling pressure whatsoever and a very, very limited supply of eMaid. Theres no market macro to worry about. The price of eMaid can pretty much only go up, unless long time Maid holders decide to burn their Omni maid for eMaid and start selling.

There may be similarities between Maid and Antshares/Neo, but is marketcap one of them? I did some digging: at 70 cents Neo had a marketcap of around 50 million in a total cryptomarket of around 200 billion. eMaid now, at 70 cents has a marketcap of 16 million in a 2,4T total market.

If more people get wind of the coming launch of the network before SNT gets listed everywhere, I think eMaid might fly temporarily.

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eMaid has a current market cap of around 315 million as eMaid is a representation of Maid and Maid has around 450 million coins x 0,7 price. As Maid is a proxy for SNT then you have also to consider maybe between 450 million to around 1500 million coins x price.

eMaid/Maid does not need a Bitcoin pair to be dependent on Bitcoin price movement, if there is a correlation between Bitcoin price movements and eMaid/Maid price movement then there is some form of relation to Bitcoin. Most coins on the market will have some form of relation and correlation, positive or negative, to BTC price movement.

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I hear you, but eMaid is not a perfect representation of omni Maid imo. There’s 25 million burned omni Maid, so 25 million eMaid. That’s the coin that will be transacted primarily when people want to hop on the train early. Omni Maid is not in play, unless buyers and sellers suddenly all unite on hitbtc, or omni Maid holders decide to burn for eMaid and start selling.

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