simply not true - there are many capable personalities here -but yes david has many good ideas 
(as has linus ā¦ is the linux ecosystem a sect too? just an honest question)
not true either ā¦ itās based on dht-technology ā¦ as torrents work ā¦ just combined in a new way and with some addons that make it more powerful
ā¦
yeah - canāt say anything about that 
but seems a little bit over the top to me ;D
ps: but cool that there ARE arguments behind it and its not just a random opinion 
My point was that, at this juncture, there are no crypto projects that are successful. Not any. Not even one. I think people forget that because so many have risen in value, but that value raise is not related in any way with whether the project achieved itās final design goal and is generating non-speculative value to somebody.
I also take issue with your evaluation that SAFE is far from being a successful project. Iād put itās probable release of a scalable solution ahead of any other project.
What do you think of those points?
Iād say this reflects his lack of real understanding. Those points are superficially believable if you want to take a negative view, but I donāt think any of them stand up to scrutiny.
Itās not about whether he is right or wrong. I do believe he is wrong. Itās me trying to explain how we ended up delisted and threatened to drop off the top 100.
I think itās a big deal because it provides less ressources for maidsafe, and less appeal for potential developers
The fallout from this FISA memo will have people screaming to fix the internet. People looking for solutions will start to stumble onto SAFE. Just making easy money in crypto will become a thing of the past when the majority of the population that didnāt really understand what was going on come to a certain realization about reality. Blockchains built on top of a corrupt and insecure clearnet wonāt be so interesting to many.
I donāt understand, why?
xD sorry obviously a fanatic here Oo ā¦ obviously got a little bit cought in those statements that seem just ridiculous to me 
hmhmmm - youāre probably on something with the perception part 
ā¦ or something should happen that makes the world understand what this project means for mankind ā¦ besides safecoin bitcoin will look like the well-behaved and a little bit slow brother Oo ā¦ (just ignoring the other things that come with safeā¦)
[not sounding crazy at all now xD ]
So far so good.
But what if developments take more time than expected and we do need resources later on.
Will we be able to run another bank to the future round.
What if we drop much lower than where we stand now ?
Just because we are fine now does not mean we should try to prevent further collapse and plan for the unexpected
This would be very useful - for him and also the marketing team so they understand some of the hurdles.
I think another reason that Livecoin will delist MaidSafeCoin is maybe āmaintenanceā-issues concerning the less used Omni Protocol layer? But maybe someone should ask them the reason of the delisting.
What is not clear to me: is Tether at this moment using the Omni Protocol on Bitcoin or on Litecoin? Because according to its Wikipedia article it has switched to Litecoin.
And if that is the case, is that an option for MaidSafecoin?
EDIT: after some research on http://www.omnilayer.org/ and here Iām pretty sure Tether/Omni is still only on the Bitcoin and not the Litecoin blockchain. Maybe in the future that will change, if there is a future for Tether of course.
SAFENetwork really is the only technology in the space which isnāt blockchain or blockchain derivative based. It is the contrarian choice for the investor who is interested in a whole new product, not just another flavour of an existing one.
A wise investor should be looking beyond the blockchain for really big gains. Is it something they can afford to overlook?
It doesnāt sound like Maidsafe is concerned about needing additional or running out of funding (so the former argument is a bit of a non sequitur).
As to the latter argument, I think it is technological performance, more so than price performance, that will attract developers. I mean, if youāre building something do you say āI need the most expensive tools money can buy,ā or do you say āI need the most efficient and reliable tools availableā? Oftentimes technological and price performance are positively correlated, but this early in the game, whatās most important is building the tech and spreading the news, I think.
Yes the perception by those not willing to find out about SAFE and its easier to just say that their investment will drop by 10 times.
How many coins have mining where only a portion of the coins exist at release? Its similar to that
But SAFE has a big advantage. Those new coins will only come into existence as the network grows. You need people using the network for there to be a substantial increase in coins.
tl;dr
new coins come into existence as the network is used and thus growing.
As the network grows, more people need coins
New coin is generated in line with growth
So there is not going to be deflation
Also recycling resists coin growth as network grows.
So actually the value of existing coins will grow not diminish.
I only see this working from a money making point of view. The network would be very much limited if only 90 million coins available for potentially millions of vaults in the future.
The answer to that is name me the ones that donāt have those things and Iāll show you the exceptions to the rule.
Definitely is.
What I donāt completely grasp is why the market cap of MAID is seen as being of utmost importance to the success of the project. The dev team donāt get any more money for it to help the project. (The relatively small amount of MAID the company holds is affected obviously)
Is it just the emotional boost the team gets? Or potential partners? Mind you they donāt go for partners much.
So why is the price considered of utmost importance for the success of the project?
I agree, if things start getting tough then this would be a big deal, or rather something we would need to address. But right now it isnāt and thereās no reason to think it will be - in fact the opposite.
Things could just as easily go the other way, and while David has proven to be a bit optimistic about how much is left to do, I do have a sense of where we are that leads to think things are coming together.
Your comments look to me like emotional responses to short term trends in superficial metrics (relative rankings) when actually, as I pointed out, the value of MAID has risen substantially in recent months. Maybe thatās wrong, but it seems to fit because fear responses make us susceptible to negative messages, however baseless, such as those from your VC. You seem to agree the comments you quoted are without merit, if only in retrospect, while still saying they are a big deal to you.
Saying that you are a part of the sect suggests you believe in the values of the project rather than putting its financial value first. Iām not convinced the success of the project, by which I mean meeting itās goals, is your primary concern, especially when I imagine that you have clients chomping at the bit for big gains in MAID having invested on your advice. Of course you have different motivations, and I think your posts reflect that. Just my best guess course - and not saying thereās anything wrong with that. I think it gives context.
The foundation has these āreservesā and the company has no call on it. UK law prevents improper use of a charities money.
I do not know of any employee paid in MAID. Some may receive a small portion in MAID, but the company doesnāt have that sort of holding to pay their employees in MAID.
I think many run with assumptions and then make further assumptions based on those.
Definitely, but isnāt this only a minor impact on the projectās success to release.
That is the charities reserves which is over the million. The company does not have those reserves that some think they have
I was about to bring up this thing too.
Not that I think anything negatively about it @SwissPrivateBanker, on the contrary, you are promoting the project and I think itās awesome that you are here and contributing in your way, but it gives context. I can see how current trends feels more for you than for many others, and not only financially, but because you have recommended and sold this project.
Edit: But, I mean, I donāt necessarily consider that weighing against your arguments, because I think you make good observations, and the triggers for new ideas can come from anything and any motivation.
You are right and wrong.
The rally in crypto and the fact that I always diversified for my clients into quality coins have made them make enough money that they donāt care about 10-20% of their assets underperforming ( most are still making money on Maid by the way). I am very comfortable with my clients to this extent.
At a personal level I have a massive stake in Maid, but also invested in many others so I am relatively cool, even though I may have overinvested here because I am a fan.
Even with over 50% of my assets in other crypto I would always prefer to spend free time on this forum and with this community. I am biaised not for money reason but for ideology reason.
When you endorse a project with so much passion, you want it to succeed and you take it personally when you run against opponents or see the price hammered.
I can see what @swissprivatebankerās friend is saying, from the outside it might look a little cultish, but then again you could say that about many groups that passionately share an interest and inevitably develop a fierce loyalty towards it. The separateness aspect comes from the fact that SAFE did not begin as a cryptocurrency project at all. The coin is just one piece in the jigsaw puzzle and that makes it pretty unusual in this space.
But while it may not be true, perceptions matter. The renewed focus on marketing and communications should help to explain things to a wider audience, but minds wonāt be changed overnight and some people will always see what they want to see anyway.
In the meantime, Davidās gold Rolls Royce will not pay for itself, so keep those donations flooding in
This is happening now, not later, with BTC leading the way (BTC is dead as a medium of exchange, and therefore, in the long run, as a store of value). I took half of my remaining BTC and am buying MAID at 5750 satoshis (momentarily, I think with a limit order) and, with the other half, I am buying BTH. One day, in the not too distant future, I will be thankful for this additional buying opportunity.
Edit: Order filled at 5750!!!
Tou-bloody-che 