It’s a $40 BTC-transfer fee to send MAID from Omniwallet to anywhere???
Wow uh, does anybody know if Omniwallet really requires that?? Can I try less?
Sorry for putting the question here, I guess? (Most other Omni-related threads are locked.)
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You mean now? Isn’t it more basic? They are creating some value or perceived as such thus the price. Same justification as the share price of FB. Though the internet has no “practical” or rather “perceived” value but thats not stopping the share price of FB or Google to rise.
I don’t think so. Combine the users of VPN, torrent, darkweb and blocked users due to restricted policy. They would be definitely the 1st to use SAFE Network. I know it is sounding bad but as per my understanding this would happen.
Totally agreed but the devs are doing tremendous job. I think the targets are totally achievable.
The time of inception matters as well. If Bitcoin and Litecoin or ETH or NEO or any other similar coin started at same time do you think the growth of Bitcoin would be higher? Bitcoin has many advantages over other blockchain applications and the foremost is the first mover’s advantage, also you can rarely buy any coin directly from other coin without transforming it to bitcoin. The pairing and the first mover’s advantage is causing the rise.
The same applies from SAFE network. Though there are some similar projects, somewhat, but SAFE is the leader in its field and if it can deliver within time and as planned it would have huge advantage over any other projects.
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I transferred few hours back. It was around 0.003+ for normal and 0.004+ for fast transaction time. I set up a little less and it took like 4-5 hours to get confirmation. Bitcoin network is too much congested with almost 118,600 pending transactions. If you are not in hurry you can set up a lower fee and try viabtc accelerator.
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Anyone have any idea when Bittrex wallet maintenance would be finished? Its almost 24 hours or more.
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It says 0.00254 for Normal speed, for me. 0.002797 for Fast, 0.00337 for Faster. So I should try 0.0004? Having it by tomorrow or the next day would be good. Transferring from Poloniex is only 0.0001BTC fee, but I heard something about the Omni Protocol requiring a lot more fee or something? Stuff’s weird, lol.
Sorry typo 
. it was 0.004 for fast not 0.0004.
Well at 0.0004 fee the transaction would not process for a very very long time. If normal is 0.00254 anything a little below it is fine for 2 days transaction time. I cant be certain but 0.00150-0.00200 level might be fine.
However I would advise you to look at the transaction fees and pending transactions at bitcoinfees and decide yourself as it fits.
I just accidentally transferred (some of) my MAID to Poloniex’s Bitcoin-related address. 
Why am I so out of it this month?
Hm, doesn’t look like it actually performed any actions, though? Lol.
Oh yeah it did. Blah.
SO I just sent the same amount of MAID, but to the correct Poloniex MAID address. But the default Omniwallet.org miner fee was actually much less, like between 0.001 and 0.002. What in the…?
Did an admin/algorithm change the default? Or is it just because I had less BTC in there? So much odd.
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Yesterday I send some Maid to poloniex using omniwallet.org and it was 0.0013??? BTC as the fee and in like 20 seconds poloniex had those coins credited to my account. What the hell, I have NEVER had any transaction go so fast, it was crazy. I spent 5 minutes checking that nothing had gone massively wrong. Like if a time warp or something happened.
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Ah yes I remember now why some sends of MAID cost a lot and some do not.
It has to do with all the tiny amounts of btc (0.00000546) that is sent with each MAID transaction. So if you sent an address 10 lots of MAID then there are 10 lots of 0.00000546 btc in the address plus whatever btc you sent to the address.
When omni does the transaction it uses all those tiny BTC amounts and in that example it is 10 tiny amounts and whatever else btc is needed to make up the btc fee.
This results in a btc transaction that has a lot of bytes in it and requires a much larger fee to send it. So the transaction using the 10 tiny amounts is like 4 times the size of one that just has 1 parcel of btc to pay the fee
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Mini pump filtering through?
Everything going up. Money flowing into crypto. Looking at the volume, think this is a simple ‘rebalancing’ flow into maid.
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Just read the post about the number of forum members.
Got me thinking…
10,000 members(not current number but on track to get there). Dividing the total maidsafe supply is about 45,000 safe coins per person, and thats just the members and early adopters on this forum. If you own 45000 coins or a large fraction then you are doing well.
I would love to have 100,000 coins… not sure how I’ll reach that, but only 4500 people can reach this goal mathematically, even less in reality. Why wasn’t I aware of maid at the ICO stage.
Want to be a safe 1% then you need to own 4,500,000 coins.
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Ahh, but median and average skew things very much. If you are average in an exponential distribution, you are well above median. And recalculate with one or ten million users…
Also, these are pre-launch numbers… The farming aspect is still a big question. I would like more maid, but the last few month’s potential discretionary buys went into ensuring I have competitive farming hardware for launch. Maybe it will be easier to pad my stack by helping the network… otherwise, buys resume in Jan 
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Only 466 addresses with that >100k mark, but I’m sure there’s plenty of people who store on exchanges who have that much. >150M is stored on exchanges because most users don’t know how to store it and are too lazy to figure it out.
1,700 with 10k-100k
About 3.5K each for the 100-1k and 1k-10k groups
1% would be pretty sick. That’s only 1% of current supply though, you’ll likely want at least 25-35M if you still want 1% in 5-10 years.
One player was in that position, but there’s no way to know now that they’ve moved their coins. There’s also no way to know if someone has a lot on exchanges ofc, but it would seem unlikely any individual is simultaneously smart enough to be that invested in MAID (bias much? 
), but stupid enough to keep that much of anything on an exchange
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Or in a single wallet / address. There must be a lot more addresses than owners.
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Good point, even I keep mine spread across a few cold wallets. The stats are fairly useless really, except perhaps to monitor how they change over time.
Not entirely since some people must have over 100K in one address. So we know that there are some high rollers amongst us.
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Even donation based currencies like GridCoin outperformed maid in last couple of months. Makes you wonder what is the cause.
I think people are little tired of waiting.(not a dig) So maybe a lot of people have already held maid and not seen any big pumps like blockchain coins. This is purely down to the fact that it is much much quicker to copy an existing blockchain project and get a system up and running whereby you can move the coin around.
We are still on a token stage so until safe coin is released a lot of people will stay away. The risk of not been invested at this stage is that someone with deep pockets realizes what a lot us guys here realizes and the price sky rockets before safecoin release.
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I think so.
The Safe network will enable app builders to create hugely successful apps & platforms with no worries about:
- infrastructure costs when scaling (Safe network takes care of this)
- data protection legislation & liability (clients generally hold their own data, securely)
- financial regulation (clients hold keys for their crypto-assets / currencies - no holding client funds)
I think being able to build scalable apps that do great things without needing to worry about data and financial regulation, or paying infrastructure costs could be a huge paradigm shift that could take the SAFE network to places current crypto projects can’t imagine.
Add the awesome crypto-currency properties of Safecoin (scalable, instant, very low fee, resource-backed), and I’m sure the MAID price has a bright future if the network succeeds.
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