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

But we know this is not true, is it? That is why the people who follow the project closely deserve the profit :wink:

The night is darkest just before the dawn. And I promise you, the dawn is coming.

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4 years later and we still don’t have vaults from home. Even worse, we have been waiting for a timeline for 4 years and we still don’t have one of those either. Honestly, see this project not releasing an alpha 3 network for 2 more years, and that’s if they have the funding to continue.

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Are we really all that hot? :blush:

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True or not is only half of the issue.
The market cap isn’t only a monetary measure, but an image.
Imagine how do you advertise when your project is close to the bottom of the list. In some sense, the market cap is the crypto’s credit rating.
Pray to the dear lord MaidSafe has sufficient funding.

in fact, I pray that they will not have, because I would be delighted to buy more of their shares :wink:

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I agree with much of the comments, but not interchanging supporters as cheerleeders etc. :wink: :smiley:

I would say though, market cap taken at short periods, or even instants is not a measure of a projects image. I see a huge number of reasons for sell-offs and coupled with shorting then it clearly is not a reflection of an image. Over longer periods I believe it is much closer to an image of a project.

Crypto is perhaps also exaggerated by extremely short termism, so fast buck == great, but longer term profit == rubbish. I imagine any reasoned person will know that extreme profits will lead to extreme volatility and consequently extreme stress for short term views and day traders etc. The human trait of greed (as in greed is good etc.) will always lead folk to believe there are great profits from almost no effort or diligence, but luck.

The larger the prospect and hopefully longevity does not always suit, this I also believe is most apparent in the earlier adopter marketplace.

In any case, my feeling is that all of this is perfectly normal and people from the outside will be currently saying oh they have not moved forward, released nothing and so forth. These are incorrect statements, but can be argued from a far enough distance to the be “true”. People closer to the project and following it closely (looking like cheerleaders to some, perhaps) will have much more info than those far away, I imagine that it is hard to say those with less knowledge are better informed, but people will continually do so, who would have thought :wink:

So for me, week to week price is very unimportant, month to month, more so and longer term I find it very interesting, but I am even more interested in so much more in this short life. Doing the right thing at the right time beats all I am afraid, I know we do that every day and therefore I am comfortable in that respect. If we could go faster then I am sure everyone knows we would. If the critics of our speed would just lift one finger to help, then they are part of the solution and that would be great. For those who don’t code, then engagement here is as important at times. Thanks all :+1:

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Maybe the one who sold the 2.1 Million MaidSafeCoins at once today couldn’t wait for his Lambo.
For the rest of us, there is also Elettra, granddaughter of Ferrucio L. to compensate for possible lack of cheerleading hotness here :wink: :
Pem Pem and Mala (warning: extreme twerking).

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Chill_pill

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A 10% drop?

I know some of us can be seen as cheerleaders (I am too ugly to look like one) but this looks like someone either got tired of holding MAID or is a whale trying to manipulate the price down so they can buy cheap on the expected pump when testnets and/or alpha3 is announced (ie before the release of them).

I’d go for the whale selling in order to cause a “run on the market” and end up buying MAID at a much lower price and doing the pump dance.

Its not insignificant that we’ve had a number saying the drop is coming and a couple of fud posts and even one post that just says dump repeated. Seen it all before here and in other forums for the coins.

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Which projects? Did you mean Ethereum? :wink:

“The tweet by Buterin was subsequently criiticized by Nouriel Roubini aka “Dr. Doom,” who predicted the 2008 financial crisis. The anti-crypto economist said that Buterin has been “promising Proof-of-Stake (PoS) since 2013,” while the world is “still waiting for a system that is scalable, decentralized and secure”

The world is still “waiting” it seems!!

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That’s not a bad strapline for SAFE

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We should tweet Roubini when Alpha 3 goes live. :slight_smile:

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Sorry guys I pressed the wrong button :grimacing: I will buy back coming days :slight_smile:

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the red one? :slight_smile: No worries, partially did the same but mostly because of the Bitfinex and USD Tether thing. Everytime I hear Those two together a cold chill run through my body, too much smoke without a fire, @SwissPrivateBanker possible Mt.Gox 2.0?

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In my opinion, the sell-off doesn’t have anything to do with MAID itself. Big players lose money on stocks and get scared, then need to sell BTC to cover positions… BTC drops and Alt holders don’t want to lose profits so sell off the Alts. This keeps BTC from dropping through the floor, unless the stock market falls further and the cycle continues. This is compounded with the get rich quick attitude of many cryptonauts who “want moon now” and don’t have the patience to wait for the SAFE network to launch.

The amount of FUD in the financial news this past week has been growing exponentially.

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Yes, the tether issue is another worry/FUD I don’t want to think about.

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Yeah. It’s all about BTC isn’t it. Until something else rises from the deep

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I can see this as a legitimate comment, strangely enough.

(Nobody knows anything without proof, so I’ll make this my little feelgood belief~. And $ince it is so jovial, what’s not to ascribe to about it? … …What I am saying is that he should just photoshop proof of it and nobody will be the wiser. History will forever show the whale with the best trade in the history of trades. Yes I’m bored in a liquor store.)

I think there is room for improvement on how this could be accomplished for coders + non-devs. When it comes to code I believe it would help if MAID had clear tasks for people to accomplish with clear scope and objective broken down into small bits so MAID could leverage outside help. I think utilizing github issues would help track it. I also think offering the community rewards in MaidSafe coin for completing coding tasks(the amount of coin is mentioned up front for a 100% completed job to spec). The reward should be comparable to what Maid would offer an internal employee as part of their fiat salary compensation during that time frame of dev. Also rewards for non-developers could be driven the same way, task + payment model.

I don’t wanna get off topic in this thread though so how about dem $.18 cent MaidSafe coins? Looking like a good time to buy folks :slight_smile: .

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We don’t need centralized organizing. Not only is it philosophically counter to the SAFE Network, I think it’s actually going to be an inherent part of the future of decentralized infrastructure. Self-organization, collective biomimicry, etc.

Want to get paid? Buy MAID and start talking about it to people, build a SOLID app, develop an educational program, scout out developers and connect them to venture capitalists, or just setup a farm. Disrupt where you see fit and your talents match. This is potentially the biggest Blue Ocean to ever come along yet, and we have front row seats! Organize with like minded people. Your payment will be in capital gains. If Maidsafe wants to and can help too, then great, but I want them focused on their more specific task at hand. We don’t need their permission.

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