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

This doubts me a lot, he mainly holds holo and has not had enough deals in the last 2 years to be a market maker, rather he is looking for the next DePIN project that will make x100.


Privacy. Security. Freedom

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It could be a genuine user, but marketmakers on uniswap tend to have hundreds of accounts snd marketmaker for multiple projects. This is because DEX are trackable, which requires genuine looking accounts and CEXs are not, which allows them to operate from 1 to sometimes up to 3 accounts. There really is no way of knowing, but to me this looks like a normal marketmaker retracement move still. We do need the daily to close above $0.64 for that to make sense though. Lets see.

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Nice dip.

Looks like a buy to me.

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The $0.65 has proven one of the most significant levels in the past 3 months. Lets see if we can close the weekly above it, if so, Iā€™d expect a reclaim of the level on the lower timeframes in the week to come. Otherwise a retest of the high $0.4x is not off the table.

The $0.65 currently also alligns with the 50 day moving average. Which has proven to be of significance since the listing of Bitmart (and the MM that came with it).

Moving away from this level is expected to come with some increased volatility, either to the up or downside. Letā€™s hope itā€™s to the upside :crossed_fingers:t3:

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Fantastic video - thanks for sharing! Something Iā€™ve pondered myself as an engineer but not so directly. And very applicable to this project. What new evolutionary features will the network unlock?

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Measuring SAFE in fiat currency is like being in Startrekā€™s Discovery and trying to compare itā€™s warpdrive to a fiat carā€™s ice. Imagine everything (Computation/Bandwidth/Storage etc) on steriod, like HFT for quantsā€¦

Once a nano (atom) has a purpose in the Networkā€™s universe, we can move on to the next level and leave obsolete ideas behindā€¦

Hardware with the features above will be paid through farming and as time pass these farming rewards will become more valuableā€¦

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Nice vid. I donā€™t like the idea of ā€œselecting for purposeā€ though - as that rather implies that there is a selector - and while that is true for humans picking out a mug for their coffee, itā€™s not general enough to apply to old rocks that have survived weathering.

The evolutionary concept is ā€œNatural selectionā€, which works generally too and implies that the functional information carried in matter, is simply what survives the movement of the arrow of time.

So if people choose :ant: over bitcoin, then the functional information of :ant: is what survives and the function information of bitcoins erodes away over time.

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5 posts were split to a new topic: Life the Universe and everything

The price is on a real downward trajectory here. I am caught in two minds, now obviously it is a buying opportunity but I am also asking myself yes but why is it? Why are support levels not being maintained?

Just sell up and go away and be optimistic somewhere else

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Beta has entered a get ready and wait state and I guess some have decided its not worth the waiting and moved on. Only takes a very small number to do this to see a big drop. Weak hands and all that.
My prediction would be that once the update comes through and then when uploads start in earnest the interest will be revived. Two major steps coming up (upgrade & uploads incr) and they may occur within hours of each other.

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Whenever the date for official marketing begins, we wonā€™t be seeing these levels.

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Traders are going to trade. The short term noise doesnā€™t matter. The long time value of the project does and that will be shown in the price over time. Very few people have heard about Autonomi. Over time they will if the project delivers as it looks like it is starting to now.

If you freak out about every little dip, you are possibly over invested or do not have the understanding or conviction of your investment.

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In addition to @neoā€™s good points, remember that volumes are still extremely low. So volatility is going to be extremely high. This is part of the territory here until we get new token and are on large exchanges. So buckle in or trade the waves.

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I am not ā€œfreaking outā€ just jaded after some 8 years in this.

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I can understand that. Iā€™ve been invested 10 years. But happy to see the project in beta with an exciting road map ahead.

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59 posts were split to a new topic: Pay once store forever

$0.56 is the first level to watch to the downside together with the 128 day moving average. Looking at current price action I would not expect that to result in a strong bounce.

0.485 is the next level, which also is the price where a lot of tokens changed hands in the upper price range.

After that itā€™s the sweep of $0.43 and worst case $0.27 (please, god no).

To the upside weā€™re continuing to look at $0.65 which is alligning with the 50 day moving average. Personally Iā€™m bearish until we get above this level, that doesnā€™t mean I dare sell at these levels.

On project level Iā€™m expecting this week will bring network improvements which will allow wave 2 to start. And if proven stable I expect partnership announcements and small marketing efforts to start early next week.

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I think that although the listing on Bitmart still has a short history, it is worth looking at the technical analisys, it is interesting to see the level of the Accum/Dist indicator, or accumulation/distribution on the weekly chart of eMaid:

It can be seen that since the 1st of April, the price has had a negative divergence from the indicator, which means that the rise in the price is not confirmed by the indicator, i.e. since the 1st of April, the market has been giving away tokens during the rise in the price.

The daily chart tells a bit different story:

However, it can be seen that the rise in the price is dynamic, while the ā€˜Accum/Distā€™ indicator is close to neutral, meaning that the rise is not fully supported by the indicator either.

However, the indicator on the weekly chart is of a higher order as it shows things in a more global perspective (longer periods and higher volumes per chart unit).

However, this is only an analysis and should not be taken as a recommendation to buy or sell!

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