MaidSafeCoin (MAID) - Price & Trading topic (Part 1)

Autonomi Network Token Price
2871

Without sounding like a jerk i’m sitting here patiently waiting for a dump with my bag open ready to catch the cheap flying MAID :sunglasses:

I know both Antifragile and Jabba know the game so this isn’t news to them (more for anyone new reading this thread) but whatever move this individual makes there isn’t really too many long term scenarios that hurt anyone but the traders and panic sellers so for the most part as followers/believers we’re cool.

The direction they are taking with the 34 million, shorting, dumping/pumping, manipulation etc meh it’s fine tbh for any hodlers, just a bump in the road nothing more.

If they choose to dump stronger hands eventually collect most in the mid term at a cheaper price. Nature takes it’s course I guess.

Maidsafe if they are smart (and I think they are) have benefited from the boom this year as well as diversifying their assets so a lower Maid price shouldn’t be more than a short term blip for them should a sell off happen.

It’s likely this same individual will return when the project is de-risked with more capital (seriously if this dude is a VC who wouldn’t want to punt on this project) which we all would benefit from.

I could be totally off the mark but there is a really awesome buying window now for people that have come into the project in the last 12 months. To reach Alpha 3 the team have a number of difficult tasks ahead of them which are hard to explain to someone not versed in engineering/coding. I have 100% confidence the team will smash it outta the park but keeping our feet on the ground most likely we aren’t suddenly going to be knocking on the door of testsafecoin for a good chunk of next year maybe longer (solely my opinion but a genuine and honest one),

So as a holder how do you lose by these 34 million being messed/played with?
A dump = add to the bag, price doesn’t matter to you if you are a holder and a supporter
A pump/dump = par for the course for MAID in many ways, long termers in crypto are used to it and it has noting to do with the end destination for us so meh weed out the
loose hands that’s fine tbh.

Maidsafe have only recently indicated they have a comfortable funding runway to release, sooooo the only people that will really get burnt by these big numbers moving around are panic sellers or traders and as a supporter and long term hodler i’m chilled with both/either being burnt (sorry if your a trader nothing personal).

I guess the one issue is how would we continue to attract people to develop on the network when your missing the price action to draw them into the project. Hmmmmm, well that’s a question that likely doesn’t have a clear defined answer just for now.

Interesting times ahead for sure…

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2872

Your post made me think.

Price action is a form of marketing isn’t it?

Crashing hard, recovering hard, cycling through these phases will generate interest in one target of person type.

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2873

Interesting to see the shift in BTC market in this pump. Most of the volume and pressure seems to be coming from EUR and USD trades, The Koreans seems to be holding it back a little this time and KRW exchanges are lagging by >$100.

Not far off the $250bn total crypto cap now?! >3% of gold. The real flippening is getting closer and closer :grin:

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2875

I think CME futures launched their test markets today. I don’t see any slow down coming to crypto for a while personally. HODL as much as you can of whatever you can for now I reckon :wink:

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2876

It doesn’t appear that MAID will be pumped anytime soon. If anything, there is a lot of demand for BTC right now and less for alts in general, MAID included.

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2878

Agreed. Maidsafe is Buffet territory. Buy as much of it as you can, keep buying, and never sell. Buffet bought into razors, why? Because the knew there will always be more people born to buy razors. The same can be applied to maidsafe. There will always be more people born to use safecoin, which will be much harder to get than a razor.

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2879

I bought all my maids when ethereum was below one dollar. Today I would be a millionaire if I had bought Ethereum. A little frustrated. I have not sold any Maidsafe I hope that we reward loyalty.
Fortunately I have some btc and I have acquired Iotas at a good price … Let’s see.

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2880

Same here. I had many thousands of ETH.
Don’t be too hard on yourself. When ethereum traded for 78 cents, how could you have ever predicted it would reach 400 dollars and get so close to matching the market cap of Bitcoin?!

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It was a toss up between ethereum and maid for me. I looked at ethereum and just couldn’t see a compelling business case (still not convinced tbh), despite the interesting tech. Maid on the other hand seemed rather useful.

I guess different projects just work to different time scales. Info had known safe net was so far from completion, I would probably have gone with ethereum. I just hope in the fullness of time, it was still the right decision to go with maidsafe. I feel confident it will at least have been a decent investment either way.

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2883

Very true. Maid, on the other hand, is easy to see becoming king, in the not too distant future. Safecoin has a real future far beyond clunky old blockchain.

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I did not buy ethereum to understand ethereum as an officialist technology and for the control of the masses against it in maidsafe I saw power for the people. That is the reason why I decided to support Maidsafe.

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tenor

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2886

Ive seen some huge December pumps every year on various coins Ive held, been quietly hoping MAID gets one and its already starting a little move up so fingers crossed.
Not that Id sell but it does some nice advertising.

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2887

The $ price chart feels like a tried and tested pattern? Anyone get the feeling the double peek and pull back this early in the life of a coin is usually followed by an impressive breakout?

2888

You might be right, anything is possible in the crazy crypto world of manipulated markets. I do think that the tide is slowly rising for alt coins, steadily upward. Brace yourself, and be ready for the storm. But when?

2889

Now, perhaps? 20 characters dancing.

2890

Now that MAID has risen for a few hours, expect a drop since that big holder who transferred their stash to poloniex has been taking advantage of rises to dump some MAID. I noticed that he is being smart about it (this assumes those sell offs were him) and only selling off a few at a time. When you have 30+ million to sell a few can be 100K

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2891

Seems he and others on-que took advantage of the quick rise in MAID to get BTC as it rose to 8300

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Maybe he just really needs the money in a short/midlong term?
If you spend nothing from what you got, what’s the point of having it?

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Why did he move his 30+ million to poloniex. You need to ask him. All we know is that its silly to move 30+ million to poloniex just to leave them sit. Too many to be helpful for margins on MAID.

Its not hard to sell millions over time if you are willing to be patient. And he showed he is able to be patient since he didn’t move his stash for 3 years.

I agree with @draw, he has decided to convert his MAID. He bought at around 2-3 cents and now selling at 40 cents. Not a bad profit.