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

[Traktion]

@T824601

I think price in fiat is irrelevant. Most other projects like lisk, augur maintained their price in btc or even grew. Btc price has too many swings to be an actual gage of the health of other currencies. When the price of btc crashes there is usually no rise in those other currencies, sometimes they crash even deeper…

It is pretty relevant to me - it is what I buy my stuff with and what I get paid in. I am glad it has gone up many multiples and as many as Bitcoin since ICO.

[draw]

Maybe the price in lambo is more relevant for some then the price in fiat (=ferrari)
But whatever is meant with fiat, I also find it the more practical unit to ‘measure’ with.

[T824601]

If you are selling it is for certain. For investors deep in bitcoin already its of little importance when talking about trading other crypto. Much rather the price be gaged in btc than fiat for the purpose of trading. Can get many more maid if the price is low in btc.

This is for long term traders like myself. Rather have more maid in my pocket right now than less worth more in fiat!

[T824601]

Exactly, well said!!

[Traktion]

@Antifragile

MAID price in Fiat is higher only because of BTC pump.

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.

[jeremyjpj0916]

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 won’t 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 HD’s 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.

[anon63178599]

Please take the ERC20 conversation to the thread below. Hopefully, I’m not the only one tired of reading about it from the FUDsters and pumpndumpers. “MaidSafeCoin (MAID) Price & Trading topic” is this thread.

ERC-20 Transition

I’m afraid, the potential benefits to reap from executing a transition are too great to not look into the idea in greater detail, so I thought, we should expand on what was mentioned recently in the “Price & Trading” thread. What would it take to transition? Time, financial costs, labour? What are the benefits? I just drool over the hardware wallet support, no ridiculous OMNI transaction fees and likely price appreciation. Feel welcome to add to my short list.

[SwissPrivateBanker]

Yeah where is @neo ?
Lol I always complain he is a bit trigger happy as a mod, but without him this thread is becoming a mess.

[chrisfostertv]

@drehb

I kind of like “the impossible network”. It isn’t very descriptive, but has a sense of intrigue.

I like it too, has dissonance which makes it sticky in the mind and would make a great documentary title.

It’s also a good proxy for Safenetwork, when striking up conversation…and it’s got me thinking about theme song lyrics now

[andreruigrok]

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

You have my vote!
André

[draw]

Hello,

Fyi @neo is on holidays for a couple of weeks which also means away from keyboard…
I’ve just moved 83 (mostly) related ERC20 posts to the ERC-20 Transition topic.
You can always flag a post as Off-Topic, Inappropriate, …

[Harvindar]

@DavidMc0

When the network is up & running, the value of a previously required placeholder token at some point in the past will mean nothing… other than a reminder of a huge investment opportunity most people missed out on

When it launches i can see many people kicking themselves for their lack of patience. And I hope you are right

[Wong]

I suspect you’ll remind one of our mutual friend just in case he forgets?

[chrisfostertv]

@snaporaz

what is the elevator pitch for SAFE?

‘Building the impossible network’

[Harvindar]

@Wong

mutual friend

For him i will have a special session. Just you, him and me. I’ll do a presentation in my then brand new Mercedes E250.

[anon63178599]

[David_MacGregor]

Looks like a Bittrex delisting is not negatively affecting the price.

[whiteoutmashups]

Yeah I don’t understand this

[jeremyjpj0916]

I was looking forward to buying 20 cent coins but am also glad to see MAIDs value is not directly tied to # of exchanges offering it (if this holds!).

[Nigel]

I tried getting ahold of @neo recently because we haven’t seen him since around feb 14th! Hope he’s doing okay. Anyone else have any clue? Maybe maidsafe has him in a bunker implementing safecoin divisibility.

Edit: I’ve now seen @draw’s comment on neo above. On holiday! Good to know.