Profit is profit, covid times hit some hard, to many possibilities to guess at.
Tax years coming to an end.
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Good point, but some more input that I hope is helpful. This is something we need to watch. I have seen a few messages about next testnet will show them etc. but we all need to remember we are fixing bugs, real bugs and not logic right now. The fact we are iterating tests will mean bugs for a while unless we donāt iterate publically and wait until we feel we are bug-free. Our preference is to iterate many tests. The last one showed a few things but also big refactors happening in structure/modularity of the codebase (all v good to haveās)
All I mean is letās not get to the notion of the next testnet will be almost launch, it will have the almost launch feature set, but still, buggy and we are still modularising the code. Itās still too messy and not like a reference impl. The BRB work is not integrated and rewards/upgrades partly done. So we will iterate fast here and we need the freedom to do that.
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The test net failing because of bugs isnāt what I mean by the idea is unsound.
Once a shared test net exists, I plan to spend a significant amount of time poking at the code to see how it works. (I know I could do parts of it now, but Iād rather wait for an end to end working snapshot of the codebase). So iāll be waiting for the BRB work before I begin my review. Iām less worried about upgrades.
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Also what is the MaidSafe / Community stand point on attacking the test nets?
Once BRB work is implemented, are they fair game?
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I think so, the one caveat we would face I recon is we will use test safecoins so any economic protection is likely not going to be real. That will open doors for a range of attacks I recon, but spam etc. mostly.
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Looking at the chart seems like Institution players are cashing out (see red bar below). Theyāve been accumulating since early Oct at 10c. making a cool 200% profit in 2+ months. Not bad for them.
Pls, I explained this before.
Donāt see high trade volume and think its institutions, they are two entirely different things.
I mean it could be, but it could not beā¦
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And I have explained before:
Indicator for volume
Indicator on trader types. (Green = Retail, Yellow=Hot money, Red=Bankers/Smart Money)
Its crypto, how do they know source of funds?
Source for your info pls.
Top candles are high and low trades ( open and close on a set time frame ), bottom is volume of trades.
What does retail even mean with respect to maid?
What the hek is hot money?
Maybe Iām wrong, but I explained it last time, and donāt recall you explaining any such thing.
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OK, it spiked my interest, so I found out what that below chart is about.
This explains it, they may call it what you say, but it certainly does not mean what you think it means.
Its based on momentum.
I doubt there has ever been much āinstitutional moneyā in MAID to begin with. It is far too speculative for them.
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From what I can gather the chart shows turnover ( how long buyers are holding before selling / returning coins to mkt) but Iām pretty drunk, needs a sober assessment.
They give the categories a stupid name, but you certainly canāt see institutional investors.
Itās just an indicator. Works well for me so far. Donāt have to believe if itās not for you.
We werenāt debating if it was a good indicator for you.
We were debating you claiming it had something to do with institutional investors, the link proves thats not so
They may throw that word about, but if you read this, its clear its not actually so.
āMCDX is an indicator based on specific formular to detect Buyer and Seller momentum Red means Buyerās momentum. Green means Sellerās momentum Height of RED bar > 50% means BUYER is in control. i.e. preferable to have RED more than GREEN to go long. Green colour is Retailer (Avoid)ā¦ Yellow is HotMoney (Fast in Fast Outā¦ can make money but need to be cautious) Red is Banker (Solid stock with potentially strong institutional support) Updated version to gives flexibility of change the settingā
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While it wouldnāt be related to farming or useful for modeling allocation of rewards, I wonder if thereās a way to leverage MAID to institute an economic cost/align incentives. Put another way, until Safecoins (or SNTsā¦) can prevent spamming, would requiring possession of a certain level of MAID deter folks that only want to spam rather than test and build?
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Hahahaha. I get what you mean. No, donāt take it as confirmation. Indicator as its named is just an indicator. Most of the time itās based on formula.
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Not all messages sent between nodes would require a SafeToken anyway, so some basic spam protection would be built in I assume? auto ban list? rate-limit with batched messages? tiny amount of PoW per message with exponential growth based on frequency? Maximum peer limits?
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Hashcash etc. are certainly tools we can use.
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Perhaps a 1 of 2 multisig for mutable data items. so you pay and they seem to own, but any of you could delete if itās private, if itās public then itās all OK.
Need to think of it some more, but should be a plenty of Safe ways to achieve this.
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