But to what end? Convincing everyone that it’s going lower? Market making? Attempt to pump?
My 2c: Nobody significant will sell here. MAID has never been a p&d coin. Buying interest is low. Everyone is on ‘wait and see mode’. Crypto in general is licking wounds. Great time to slowly accumulate. Terrible time to dump. Overall, coin is low on the radar.
Together, I read this as: the current price is unsatisfactory to market participants. Those wishing to buy want to see proof. No long term holder wants to sell. Binary divergence of valuations pending Fleming. Works->publicity->volume and few offers. Fails → people probably hold for a fix and very little buy interest → price games.
NEED TO LIST MAIDSAFE ON A BIG exchange. Technical Noobs like me wont buy anything on decentralized exchanges as we are afraid of not doing something correctly there. There are several investors like me. The Maidsafe price will not move until it gets listed or relisted on Bittrex, Binance, or any of the other top crypto exchanges.
Maidsafe team - it may be an effort worth exploring/pushing for. A decent exchange listing is critical for price to move. It has come down from 1.4 to 11 cents - even after so much dev progress. I agree its related to BTC price but I would have hoped it to be in the 50c range. Down to 11 cents is only because there is no liquidity/trading going on. People who want to buy cant buy in bulk.
This is an issue with projects, these exchanges want hundreds of thousands of dollars and into millions at times. They are catering for the big ICO cash rich projects and price accordingly. We are always looking and you would be amazed at 1. The scams out there and 2. The costs involved, they are project ending costs, at times looking at 30%-50% of our total holdings, so what can we really do, apart form try and keep hunting and hoping there. We do look though and it does take a lot of man hours effort to try these things, but we do make the man hours investment and it is not cheap in terms of not doing other things, if you see what I mean.
I remember Mt Gox when it first kicked off…Magic the Gathering, seriously they expect me to send my Western Union money order over there???
The easy part comes later once the unknowns are removed, the price will move and the options present themselves. Speculators take a back seat until that time, sorry folks.
More than you really should tbh, stay disconnected and a step ahead like you guys always have, experienced heads generally agree the big payoff will come later on delivery.
I do not think that we need big, but any other would be benefit when Polo is not open to all people.
I mean KuCoin.com, Gate.io, idcm.io, fatbtc.com …all already with some omni token with low or no entry fees.
Magic the Gathering, I would say these cards are meant to be played with.
But I remember playing that game once (I didn’t/don’t know the rules: very complicated) with a big fan of such games. I had the impression he always came up with new rules that suited him in the situation. So I had not much fun playing.
Hm, do you mean like from person to person?
Isn’t he within EU? If so I’m quite sure he MUST be able to show who both ends of a transaction are, anti terror laws and such.
And the seller end (selling Safecoin) would need to be identified.
Id have thought once things were ready it would be the other way around.
Companies bidding to be the “official” retailer, rather than them requiring a sweetener.
But maybe i misunderstand you.
Very cool. That could be a great start for the network. When we come to that, there’s hopefully a resulting public attention of the network, and I think at that point, it would present itself as an opportunity to your business partner, more than a risk.
Mm, it’s a strange thing that. Probably very logical reason somewhere.
Yep, I realised after I wrote, it wouldn’t even be possible.
I am not sure when we’ll see MS coin price hike. So much technical update every week. Although i hardly understand most of it but it seems like strong progress.
That makes more sense to me and is what i was getting at when i said yesterday
Id have thought once things were ready it would be the other way around.
Companies bidding to be the “official” retailer, rather than them requiring a sweetener.
But maybe i misunderstand you
This is maybe akin to MaidSafe taking VC, and that is not something they have wanted (for good reasons) before.
But at another stage of development (after realease, and when going commercial in app development), maybe things are different, and again for good reasons.
And also, cooperations surely must exist in some form. But if there is another option to get something, other than where capital gains interest (which is implicitly not primarily focusing on the network interest) can facilitate, then I think MaidSafe would prefer it. But becoming a bank might not really be within the scope of the company, so when comparing the benefits to the downsides, maybe it will be possible to go into such cooperations as well. Probably noone knows right now
What about (and slap me down if this is a stupid idea), but the company itself providing a service?. You buy with a CC over Maidsafe’s website, they buy an equivalent amount off the exchanges and withdraw to an escrow until the CC payment clears and then send it on to the designated wallet. The company could charge price+all service fees+a convenience charge.
Obviously at current volumes the convenience charge and the carrying cost of exchange reserves would probably not make up for the labor to set it up, but later it could be a nice little revenue addition (and something like this will eventually be necessary to onboard people I think). The instant win would be in buy side potential liquidity and onboarding.
