I think that is a simplistic view. It is easy to sell maid if you think BTC is worth more relative to maid - it is a liquid market between the two. Clearly, BTC price is representative of what the wider crypto market is worth.
Whether day trader or long term investor, people always want to buy low and sell high. Everyone wants to cash out in the long run or just swap them for goods/services.
Sure, people have different time frames for buying/selling, but the goal is always to accumulate wealth. Some could have become more wealthy holding other coins (as 40x over 3 years is rubbish, apparently), some in recently may even have a loss. In the long run, most people have done just great with maid any many expect to do much better in coming years.
We can all just accumulate, then when SAFE launches hodl our coins and use them on the network without dumping to market. This will artificially skyrocket the price since this network should be heavily demanded, and it will encourage everyone to jump on farming and adding to the ecosystem to create a robust fault tolerant network, because without tons of farmers we wonāt achieve it even if the network software itself works great. Win/Win. Higher price and farmer incentive. I know when this network launches I plan on hooking up 8-9 external HDās and my spare older 5-6 laptops/desktops I have collected . Even if I am farming at a value loss(electric bill > safe coins farming value) if its helping the ecosystem and making the coins more valuable in the end due to a quality network then that is worth it IMO, plus just the goodwill nature of providing value to a network that can help people avoid data tyranny.
Please take the ERC20 conversation to the thread below. Hopefully, Iām not the only one tired of reading about it from the FUDsters and pumpndumpers. āMaidSafeCoin (MAID) Price & Trading topicā is this thread.
The more i think about it, the more i like it. It makes me think of the spy action movies, Mission Impossible, which generates a feeling of excitement!
Pumpndumpers will use it to make fun, but negative attention also is attention and the title by itself creates curiosity to go and find out more about it.
When they start reading about it they will see Maidsafe is turning the impossible into something possible
Fyi @neo is on holidays for a couple of weeks which also means away from keyboardā¦
Iāve just moved 83 (mostly) related ERC20 posts to the ERC-20 Transition topic.
You can always flag a post as Off-Topic, Inappropriate, ā¦
I tried getting ahold of @neo recently because we havenāt seen him since around feb 14th! Hope heās doing okay. Anyone else have any clue? Maybe maidsafe has him in a bunker implementing safecoin divisibility.
Edit: Iāve now seen @drawās comment on neo above. On holiday! Good to know.
The swings in this topic over the past 3 months have been interesting to watch.
Just a thought as itās pretty quiet, itās interesting that thereās only 1 or 2 wallets these days with 100k+ bitcoin (could be more/less havenāt looked for a while). Probably demonstrates how insanely difficult it is to actually hodl.
The more pertinent question is how many here have learned from the dips, the crashes, the panic and the FUD over these past few years?
So thereās no apparent roadblocks and no funding issues to launch (from the horses mouth) and MAID is sitting at $0.40?
The network even right now with minimal awareness is likely a binary proposition, it works and can survive a trillion market cap is only the beginning (or on the other hand it fails and its likely worth very little).
So again these things are $0.40ā¦
For most, so what if Poloniex de-lists and thereās a short term drop to $0.20 or alternatively if we listed on Binance and it went x10.
The most vital skill with MAID is going to be detaching yourself from the dosh once the network approaches launch, as an investor/punter itās just a whole bunch of unnecessary and largely pointless noise until then if you did your homework correctly before buying and understood what this project involved.
Very few will have learnt from the past and go the distance, but there will be more than just a couple who have and theyāll be the ones whoāll (hopefully) do some incredible things
Note: Iām fist pumping even harder today then I did when I stumbled across the crowd sale all those years ago. I also got in both Eth and Antshares at the crack of dawn but SAFE is in a totally different league (tech and value wise). As the young kids say HODLLLLL
Most coins are linked to bitcoin movements.
Has bitcoin reacted recently to wider āreal worldā markets?
If so, looks as though we may see further drops in bitcoin and so maidsafe. Word on the street is that money is going to flood out of stocks and in to the US bond market. Why wouldnāt buy bitcoin traders do the same?
. Even if I am farming at a value loss(electric bill > safe coins farming value) if its helping the ecosystem and making the coins more valuable in the end due to a quality network then that is worth it IMO, plus just the goodwill nature of providing value to a network that can help people avoid data tyranny.
