Looks like someone is setting alot of 20 k sell orders on Polo - i guess by marginal trading on Polo to keep the prices low. Lets hope he get burned.
they have been doing that for a few days now. Hence the 10% drop over this week. I agree it doesnât look like legit selling, and if that person is really trying to unload they are doing it in a silly way, pushing price down but not getting much actual selling done.
A whale that does like 10-20 BTC daytrades on hunches could just overpower him and buy all those shorts up and push price up a nice bit in that process⌠then when the shorter realizes there is little chance of closing those out in profit and just hurries up to dump them we could see a spectacular mini-moon launch I think.
Other option is we just say ok thanks for the cheap MAID and shadow him. If he is grinding the price down to accumulate then accumulate to. Eventually he is gonna switch gears and push it up to sell and you can sell then to. Not as much glory and combat in this one but prolly decent profits still
zen all you guysâŚbitcoin still underpins one of the best decentralised math based safety nets for money. Safenetwork can (more fundamentally) do a an even better distributed version for dataâŚsoâŚone thing at a timeâŚmaybe -
Iâve also noticed the 20k dude selling, and me buying it; but I donât get why people sell or short MAID right now: its a bit of a pain in the donkey. Thereâs hardly any liquidity at this point. Just buy and hold. Less hassle for longer term gainâŚ
Iâm just thankful to whoever. I never believed Iâd have as many Maid as I have, and so cheaply too. Even if it doesnât go anywhere I wouldnât have lost near as much as a good second hand car
I say we have a working network before 1st January 2035âŚanyone wants to dispute that
I say MaidSafe will be long gone if there is no working network 10 years even prior to that . Lets see how far they get this year eh
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might be a close call
2006: âEveryoneâs always asking me when Apple will come out with a cell phone. My answer is, âProbably never.ââ â David Pogue, The New York Times.
Weâre all experts, just sayinâŚ
Not 2035 , Maybe 3035 I guess
That gives us 16 years. You are probably right. Somewhere within that timeframe. But my guess us sooner rather than later. In 2035 I will be too old to drive a Lambo
Unlike other crypto communities, we all love cheap coins (before launch), anyone trying traditional dump n pump practices will probably find out they have to buy back their coins at higher prices.
Iâm imagining huge whales going from market to market, then stumbling on the blockchain token Maidsafe and treating it as a blockchain project then having a little suprise.
Fill your boots up with these cheap coins.
MAID need another 10 years~ it costs too much time. MAID is one of the worst investment in crypto since 2016.
Totally false.
The highest price Maidsafe Coin was in 2016 was 12 cents maybe and thatâs even pushing it. It was down to 2 cents in 2016 on some exchanges. Jan 2, 2018 the price of Maidsafe Coin was over $1.
How is that a bad investment?
It was only bad investment if you were like me and bought in at 4 cents, but refused to sell when it was peaking in January before the crypto crash.
the profit is in terms of BTC
it wonât be 10 years until we have a truly decentralized network⌠thatâs like next major release on the horizon. Price will almost for sure react to this. How much depends on how well we get that news to spread outside our small community of hardcore HOLDers. I think the real big move will come when they start to test out the economics of safecoin (prolly in beta) then people will be able to better gauge how much you get for 1 safecoin. Of course the highest price will come when we get to final release, but I see a few major fundamental points to pump on before then. And then there is just the fact sometimes whales moonlaunch coins that have been ground down to a low enough market cap for a good ol PnD. This could happen randomly any time.
Such a big pesimistic viewâŚ
The MAID cycle length is just resonating at a different frequency to those who moonshot in 2017. It doesnât make it a bad investment; it just means that now is a bad time to sell.
If you want quick returns, I would invest elsewhere in something with a much more limited scope.
In 2035 the lambo will drive you, so you are cool