why is my chart going “off the chart”?
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was weird as the price still showed 60, but chart 70
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nice.
oh dear… how to I break this news to the people that recently sold.
Good to see its price in BTC jumping too…
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We need new access to exchanges. Than $10 is a sure thing.
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Maybe the classic ‘I told you so!’ will suffice! 
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I find it interesting that the 50 BTC that landed on the buy side on Bittrex don’t seem to have moved yet either. Perhaps they should have been a bit more pro-active with buying?
Ofc, the market is pretty thin in either direction right now on Bittrex. We could also just be ranging between the 600 to 1800 or so that we have seen over the last 3 or 4 months. Will it break out this time? With a test net on the horizon, there is reason to be optimistic.
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I wonder when institutions will pile in… they waited till BTC hit EUR 40,000
which was a bit late to the game…
Maybe they have learnt their lesson and will buy in to MAID earlier.
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Not a chance they will enter early. Institutions aren’t going to buy 1 BTC worth, it’s not even worth their effort. But before they can enter a big position, they’re going to need more than 1 exchange, they need to be able to enter the market without pushing the price up/down by 100% and most importantly, they need a working product, proven and secure for at least a year.
That doesn’t mean wealthy individuals won’t buy some up to play around with the network a bit. I wonder if David still has some connections at Sillicon Valley that can be utilized once the network goes live.
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Hi Sotros, how are things going with wrapped? Any idea of the timeframe? I think this is very important to know for Deus Nexus as well. There is an urgent need for DEXs i believe.
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Ofc, the market is pretty thin in either direction right now on Bittrex
Christ you aren’t kidding. 1 BTC to 1180 (-10%), 1 BTC to 1480 (+20%). Anyone wanting to get in or out with a bunch now has to be crafty as hell or be prepared for some serious slippage.
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Yes, it’s pretty wild. Given we’re in the midst of a bullish phase, probably about to get much more bullish too, I’d not be hanging about if I wanted to buy more in. Waiting for those dips could become pretty unbearable.
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That’s what it looks like to me… someone is buying everything from spot to spot +15%, waiting for the robots to try to fill the gap, then taking another chomp.
The volume (nicely cut out here) is entirely on the big green upticks.
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Oh, how good it feels to see the price rising. 
My strategy is: Buy the rumours, hold the news, sell the utility.
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Also I think that once we have the Safe Network up and running, you will still need to have some sort of financial bridge between the Safe Network and the regular internet in order to attract people/capital from the old internet towards the Safe Network.
Infrastructure / security cost savings will bring them.
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What bones said, they will come for specific use cases.
Technically the financial bits are easy because SAFE will be so damn easy once the network is running. The difficulties are in the legalities and in finding ways to accept credit cards/paypal like solutions (at first, I think only crypto payments would work because of chargebacks). In the best of worlds, one could sell safe network tokens like prepaid phone cards or certificates. A standard website/server could use a ffi (or even cli) to an account on the safe network, process the payments, charge a small fee and execute the transfer. The safe account could be monitored and refilled from a cold wallet and exchanges. Just like some of the first ‘buy bitcoin’ sites worked.
Hopefully we can go a long way down that road before anyone notices how effective a currency SAFE can be.
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Could we see maid go over a dollar by the end of the month?
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Yes I see all your points good ones, but I do think they are a bit complex.
My point is that you first want to target the most obvious buyers, which are crypto holders (on the WWW). We should attract their capital and by doing so we will draw them into the Safe internet. In the end where capital flows adoption follows.
The Safe Network should focus on leeching crypto capital from DEXs and CEXs. For that we need an erc20 token.
So I do think that second to the launch of the network, this by far is most important to the success of the Safe Network.
Edit: the erc20 token should have a deposit address managed by some sort of smart contract that converts the erc20 to Safe Network tokens on the Safe Network.
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Yes, the crypto convertability is a huge point that will become much easier on network launch.
I was thinking more for the first wave of personal archivers, ‘put up your wordpress blog’ types, and other various app and content developers who need to be onboarded and may not have any experience or interest in crypto. It is vital to get as many direct fiat → safe routes as possible so that it can be a UX like ‘play around a bit’ and then put $5 on the visa to get enough SAFE to make your first serious upload. The first wave of users will probably be quite crypto literate, but the bulk we simply can not make that assumption. It has to be super easy.
Of course the backend of any such effort will rely on a liquid market for SAFE, likely on exchanges.
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The conversation continues. For Wrapped to wrap a coin, the underlying asset must be supported by Anchorage. I will be talking to Anchorage on how/when this could happen.
Deus is always more than welcome to keep exploring. If he’s able to find a solution to the fees and to provide confidence (e.g. code review) in the strength/quality of the smart contract, then great! The goal is to get to trusted eMAID as quickly as possible, so exploring multiple party’s helps to de-risk that while increasing the chance of success.
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