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

Standard DYOR disclaimers apply; however, the best way to minimize the impact of volatility is to dollar-cost average in. If you want to allocate $1000 to MAID, put in $250 now, $250 next week, etc. or $100 a day for 10 days. Considering what we anticipate is coming in the near future, I’d start allocating/buying now.

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Thanks everyone for the responses. I know it’s a guessing game but thought I’d just throw it out there. It will be £—>btc—>maid so think I’ll give @Sotros25 plan a go. I’d better get them buy orders set up now before FOMO does really set in and we get Thursdays dev update :+1:t2:

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Hard to see testnet happening next week… But prob by end of this month? :ok_hand:

Where does Omni pull it’s MAID price from?
It is telling me mine are worth. 43c each.

Seems odd they would use altilly, but nomics shows altilly price @ .423.

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Cant possibly be, but it has been the case for 2 days!
Omni must just be preemptively pricing :grin:

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Nomics still shows Poloniex MAID price, I hope no one use that broken site, how anyone code such bad site is beyond me. Poloniex have boolean API values for if a coin is active, delisted and such.

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2 week ago 1 BTC market order translated into a price change from 1530 to 1600 sat. Now, for a few days already the same market order of 1 BTC would be translated in a price change to 1550 sat.

Interestingly, while the price in BTC is falling, almost no additional sell orders are added (edit.: into the market depth). There are not many MAID available for sale under 1550 sat. Are we ready to explode?

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How are you calculating this? An order of 1 BTC would translate into ~108K MAID at current prices. That volume would only raise the price to 1000 sats.

It seems the number of buy orders is actually decreasing while sell orders are increasing on increasing trade volume while the price falls. Generally speaking that’s usually bearish. Hopefully positive news on the testnet and ERC20 swap will change the tide…

Are we both looking at Bittrex only?

Highlighted is the amount of BTC you would need to buy up all the market depth up to 1000 sat ( 0,305 BTC). Pushing in 1 BTC now would drive up the price to 1500 sat.

Where did you got your numbers?

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Somebody is selling into the market depth so no disagreement there. Buy orders are disappearing cause somebody sold into them.

What I was talking about is the following. When I look at the market depth, I see a shortage of asks… The white line shows how symmetrical market depth could look like.

0,5 BTC market buy drives the price up to 1400 sat. Yeah, there is basically nothing to buy. Higher prices are necessary for owners to take selling into consideration. Hodl on!

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No, just HitBTC. I’m not using a VPN ATM so can’t see Bittrex order book.

It’s nice that the Bittrex order book looks like this. The HitBTC order book used to show a similar shortage, but not so much currently…

I generally think that Bittrex is more indicative of true market sentiment. Wallet activity seems to show more MAID flowing into Bittrex than out, and most of the selling that seems to suppress the price like clockwork seems to initiate on Bittrex though…

I’m absolutely not suggesting that anyone play into this price suppression by selling. If anything, now’s a great time to buy.

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I tell family and friends that it is a good time to buy, but when they ask me what price it can reach between 2021/22, I don’t know what to say … and they doubt …
Being conservative, what could I say?

I would expect it to do better than bitcoin. That may be all they need to hear too! :sweat_smile:

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That nobody can predict the future and there are no guarantees (the lesson of 2020)

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Love to see $1 with a working and reliable testnet…

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We’ve seen more than $1, 3 years ago, with far less to show for it. This would seem very conservative to me, given the current status and market conditions.

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Yep conservative. Not getting ahead of myself :grin: we will see :wink:

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Is this where I write $600 again?? I’m just kidding :grin:! Working product, successful test net, bitcoin and alt coin bullrun…$3-$5 should be a realistic view and expectation.

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Americans just got $600 in US TrashCash. The best thing they could do is buy 1 Safe Network Token (SN).

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