Thank you. 
Thatās a lot. Someone who believes the alpha2 announcement is already proved in?
Seems an odd time to cash out with the release coming today, but then they might want to get in to USDT to avoid any further btc dropsā¦?
MAID seems to be holding up quite well price wise in the face of the bitcoin fallā¦ And what a lovely fall, may it continue.
Edit: Famous last words.
Place your bet, how far up does it go once alpha2 hit before settling down?
- It sink!
- Stays about the same.
- 0.00018 sat
- 0.00020 sat
- 0.00025 sat
- 0.00030 sat
- 0.00040 sat
- To the moon and beyond!
0 voters
3 Likes
Could probably have done with an option between āsameā and 20!
Any longer and weāll be at 12 too.
there there, added a few option.
oops it reset all votes when I do that, vote again people.
EDIT oops It sink takes an āsā, iām scared to fix it. I donāt want to reset againā¦
2 Likes
pump-n-dump but a small one.
they simply bought during the last few weeks at the times while the maid/btc price was low which helped raise the price. Then at/after announcement they sell and take profits to do the same thing in another market
2 Likes
I wasnāt expecting a huge bump straight away, but didnāt expect the opposite. Letās see how it pans out over the weekend.
4 Likes
Seriously Alpha 2 had no effect on price!!!
Speculation money flies in and out, but investment money moves much more slowly. I was not expecting loads of speculators to suddenly jump in for alpha 2, weāre still a fair way from testsafecoin which is all theyāll care about Iām sure.
If there are more press releases then we might see a gradual increase in volume and demand over the next few weeks. Itās still a bit early to say imo. New investment money often has to do its DD and then go through the processes of ābuyingā. Sudden spikes are rarely very long-lived, better to create new interest and investors than just excite the current crowd temporarily I reckon.
20 Likes
So just checking the price now. Alpha2 was a typical buy the rumor sell the news apparently ?
Was there any press release ? No buzz at all ?
2 Likes
Few seemed to buy the rumour and there was no news released to sell on. All a bit of a damp squib, really. Given functionality was similar to test 19, I am wondering what the motivation around alpha 2 was, if not to shout about the milestone being reached?
Surely, these sort of alpha events should be celebrated, bringing renewed enthusiasm and faces into the community? I wasnāt expecting massive fireworks, but I was expecting something.
Edit: typos!
9 Likes
Albeit a minor one. Weāve seen huge ones for announcements. Near doubling in price then big dumps a couple years ago.
The whales were more likely worried about BTC then to try and pump a under hyped alpha release
The forum made plenty of buzz for weeks and the announcement in the previous dev update saw the price rise a little IIRC and the pump-n-dumper had probably bought prior to that so the dump as little as it was made them some profit.
Its a network that will remain running even when later testnets are running. Its for developers to have a stable platform to develop against.
In my opinion it will be alpha 4 and later that will see more of this. Should have vaults at home in alpha 4.
6 Likes
To me alpha 2 makes alpha 4 more of a reality, seeing as itās a full-blown release with confidence and major working parts. Maybe it just means A3 will be more of a hit, being that much closer. If it isnātā¦ well, tough on people not buying in. Itās all mostly whalesā games, anyway.
4 Likes
I may be wrong but Alpha 4 is the integration of 2 and 3 plus running home vaults. To me Alpha 3 is the key as we should learn if Safenet is actually safe. If it is, then the project will have a huge layer if remaining risk removed. There should be price movements after this. Having said that, if you bought at ICO time, you should already be smilingā:smiley:
5 Likes
Said another way
Alpha 2 is the User interface side of SAFE.
Alpha 3 is the user interface + routing of data using home nodes (no vault)
Alpha 4 is the user interface + routing + vaults at home
10 Likes
If we have any more talk of alphas (eg the last 3 posts) then I will have to move the conversation elsewhere as this topic is for price & trading of MAID. Iāll accept that the last three have bearing on the future price but any more means this topic is going off course.
3 Likes
i think exchanges play important role in pumping price of coins. We can see that lot of useless projects are even doing more then 100% now and then. when a coin is pumped few times, people do notice that coin and project imho. i dont agree with āStabilityā sentence. we can talk about stability when price is matured and it can justify the project. But atleast not at this point. I have seen coins being pumped 2x just because of launching a new website. Really, i mean does it make sense? Important thing is people must notice this project.Because saying that Alpha 4 and Alpha 3 will make a difference and price will boom. Sorry to say, but i think it might wont make any strong effect( price should hve gone higher even after this release,every release is important). These achievements are not a work of a one day or a week. Its a hard work done by devās over a long period of time. We are lacking of something. David and Nick has to decide where we are lacking imho. we know project is important at this stage and not these issues. But these things go side by side.
2 Likes
It makes sense from a speculatorās point of view because they know that a new ICO will likely shoot up in the early days before crashing back down to earth so thatās where they are putting their money for quick returns. It has absolutely no relation to the perceived value of the project and is everything to do with making a quick buck. Longer term projects seem to mostly follow the same pattern as Maidsafecoin with occasional pumps from whales seemingly at random, and bearing very little relation to announcements of actual developments on the ground. Maybe cause and effect were more closely tied together in the early days but the huge number of new entrants to the market added to the natural volatility of bitcoin means the situation is basically chaotic.
4 Likes