Seems like there may have been some panic selling driving the price back down, but it has recovered back to nearly $0.80 USD. If we can hold the floor there as a new baseline, that’s a significant gain the Beta afforded us. Time will tell.
It always confuses me who is actually selling at these prices. I’ve been hodling for 7+ years, and have never sold a single coin, only acquired. Most people on this board seem the same way, unless they are trying to play the market a little bit, so they may sell a small bag at what they believe the peak is. My question is, who is selling to allow these trader whales to buy back their bag after selling the release? Just don’t sell and the whale loses out.
Not sure who is selling either because for long term holders to be selling when things are just beginning would be ridiculous! MAID / eMAID (and then the future official token after launch) is a HODL and hold the line project token, besides using for actual utility in our Autonomi economy.
I’m sure some, if not most, people here are all in on Autonomi. Personally I use autonomi as my spending account. Buying with everything I got and selling whenever I need anything. The $1.10 came just in time for my new car. So I’m one of the few who had to sell of (even though the price increase I did it with pain in my heart).
I’ve been selling almost monthly. Luckily I just got a new job, so I don’t need to sell anymore, at least not that much.
But even if you take the pure need out of the equation, there might be good reasons to sell too. It’s not said yet, that the network will be successful. Someone might think, that at some moment the price is best before the failure, or some time consuming hindrance, emerges.
I also think that even if there would be some major hindrances ahead, the potential is anyway there to justify a bet of some size. And as this project has been so undercover for years, the forthcoming publicity should invite reasonable investors to invest at least something to Autonomi. And when there are enough of them, price should move towards that direction
There is again that about 2 million USD in buy side on Bitmart, on the very cheap prices. Like there was before the last uptick to around 1$ price point.
I agree. Everything is coming together nicely for higher values in the near future. Consider over 20000 nodes just in wave 1. We are starting to experience real momentum.
It’s like the second law of thermal dynamics, yet the entropy is not sucking us into oblivion, but sucking the entire world into the hypnotic whirlpool of Autonomi, one chunk at a time, lol.
Watch it grow, and with it, the value of your coins overtime. Steady as she goes…
Guys with all in strategy has different feeling when there is such a sharp price movement. They took much bigger risk in a past and there is no that big difference if rest of their holding go to moon or just 70% of what they had, while the 30% give them safe pillow to sleep.
If dev gets MS WIN11 node-launchpad installing and working reliably to actually startup nodes and see them earn nanos(its M-I-A), node count growth will be off the charts, right now the node count is largely powered by Linux OGs,
When did you do it? If it’s on day 1-2 of beta, yes then it was working perfectly. Then the original MaidSafe nodes got loaded and things got a bit wobbly…