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

Its insane how much Maidsafe actually are on the exchange itself compared to normal wallets.

Poloniex got like 130m coins on it. Thats really a lot with 450m supply.

Do you guys think its cause omni atm is too expensive and too hard for most new people to understand ?

Anyone know if this is an wallet of the maidsafe foundation maybe ? 1BgQmAZ9wSEF5MvrN6dRopUBr1XDw1PAt

started with 25m i remember there was an extra coin creation by excident or something like that

Anyone see the 1600 point flash crash (Dow Jones Industrial Average) and subsequent 800 point rally in less than a minute or so?

Very unnatural price movements. :grin:
Running the stops?

Pretty tawdry and crooked.
So with the weak hands (i hate that term) fleeced, shaken out (in one fell swoop, flashcrash), and bonds seem to be stabalising, maybe next move is higher in next couple days for stocks and crypto?

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I really wonder where it will be by Wednesday/Thursday, when I get paid in all of my excess vacation time not used (I didn’t use any of it).

Either way, 6000x+ increase if you invest today and Safecoin reaches $1T market cap. $100 into $600,000 lol. Get them while they’re hot.

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Mate if it hits .20, I’m in for 30,000

Lol your not shy with that estimation, 1 trillion thats a lot of data

That depends also on the metrics of the token system build on top of maidsafe, will it need safecoin and how much for a tx etc. If you can make tokens and those have the same fundamentals as the safecoin for example then the question will be how much do you need to transfer them and work with them.

Plus if you make tokens and they run on data then again it will be based on data

But maidsafe tx will be free, so if this will be the same case for tokens what would people stop making tokens for the whole economics and use a middle system like bancor for the tokens.

This add value to the safecoin network, not to the safecoin itself.

Doesn’t look like it

If none have sold they are kept in 3 accounts of 5 million each. Look up through this topic and you will see a few posts with these addresses listed.

Maybe currency will be the only one (at start), but company’s can easly issue an ico or an airdrop, they might even make a currency with airdrops overtime. People will find a way for a fair distribution and people will accept it just like many others did. Also you can think about an system like Tenx, where basicly the value comes from a reward on a purchase of anything, Then this token will be based on a real value and can 100% serve as an currency.

And then actually this currency can be even backed by a real valuta untill the complete supply is taken over, this would be a fair distribution.

Thanks wanna look a little deeper in the distribution of maidsafe before adding up :wink:

Lol.

Crash in equity + crash in crypto
This has got to be the worst week in my life from a financial point of view.

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Here is the story behind the “extra” MAID from the crowdsale due to omni’s mistakes and what happened to those extra coins and the effects they might have. In there is a lot of addresses you can scan through too.

This is very old news and most already know about it and factored it into the MAID price seeing as its years old news. Extra MAID generated from the crowdsale

At least you weren’t in the crash that I had to drive ‘around’ this evening, because then you wouldn’t be posting here:

image

Or this slightly bigger crash of sunday: Drone video shows aftermath of 50-car pile-up in Missouri - YouTube

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Thats gotta hurt . .

Not good times for those in financial markets. Really do feel for you @SwissPrivateBanker, but hopefully soon it will all be on the up and up again for you

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I just don’t see how crypto can recover when USDT is still such a widespread cancer on all major exchanges. There’s no guarantee or proof they even hold $1 or 1 BTC. The risk is huge

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Right now…even if Alphe 3 is ready i think Maidafe should hold until market rebounds. For now use the opportunity to raise awareness and increase visibility. When it goes up then hopefully it takes Maidsafe along this round. Just my opinion.

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Yep, they have to clean this up and fast. Everyone knows its a rort

The positive thing is that volume is pretty low. Only those that have to are selling. Another $700 drop on Bitcoin and it should start stabilizing

IDK man I don’t see anything stable about crypto anywhere

People have been saying this since $11k

I really am not counting $2k out, there’s so much fear, issues, worry:

  • tether giant pervasive inflation scam
  • US stock market crash today
  • SEC hearing Feb 6 Feb 14
  • China miner laws
  • Korea (FUD)
  • India (FUD)
  • CNY Feb 16+
  • etc etc

I don’t see anything stable for a while

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Its a typical situation where people got in at high prices and selling before they lose too much.

The first ones to sell are the ones that bought in at very high prices. Then as the price drops then those who bought at mid prices sell and so on as it drops.

Once you get to about 20% of the rise then you are back to those who are either holding or the price is still close or higher then they bought and are confident that it won’t go lower than the previous long term “relatively stable” price.

So it started from about 600$ USD and rose to 20000$ USD which is a rise of 19400. 80% of 19400 is 15520. So that means a strong resistance will be at around 4500$ USD

Anyhow that is how that 80% retrace theory goes. Will it hold up here? Who knows.

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To put it in perspective, I sold out of Bitcoin at a lower price only 6 months ago. Time goes very fast.

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