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

That F probably stands for fantastic, fabulous or first-rate :wink:
I see that there is a S, A, B, C and F rate used here: https://app.flipsidecrypto.com/fcas-scores.
Reminds me of the One-Punch Man ranking (except the F): Saitama also started with C…
Now a score of 493 (5th of a lot of F’s), above 500 is a C it seems .

7 Likes

ahhhh so that’s what the real output from $4 billion looks like :man_facepalming:

1 Like

Sorry guys, I may have just sparked off a bull run

My bad. I wasn’t done accumulating cheap coins
:frowning:

7 Likes

Yo I would say it is realistic its all about time and delivery…

1 Like

Replying to myself here… still wondering about that 50,000 number.

MAIDs in circulation = 452,552,412
If you have 50,000 MAIDS then you have 0.011% of the current supply.

Is that enough?

Looking at the UK M1 supply, just the cash in circulation.

Ā£ 1,770,000,000,000 (x-axis is in millions)

0.011% of the UK M1 supply is £ 194,700,000

As a comparison, SAFECoin purchase power wise, this is probably a poor comparison.
Purchase power of your holding depends upon your personal cash out point I think.

But, in comparison with the rest of Maidsafe holders if you have 50,000 Maid you are doing quite well,
imagine if you held 0.011% of the UK M1 supply.

Owning 50,000 might even be a bit overkill.

To those lucky few who have this, and the really early investors who are in at 100,000. Just wow.

edit: I was going to say… ā€œConsidering the price rises in bitcoin… i’d say to any holders here, be happy with what ever amount you have,ā€ā€¦ but actually guys, accumulate people, cheap prices now mean lambos later… to da moon!!! BTFD!!! #hoddlegang HODL LOL

at $0.13, when are you going to get the chance to get near the 50,000 ownership level?

5 Likes

Don’t get too hung up on having ā€˜X’ number. Psychological fatigue from long term hodling is a very real thing (and perfectly natural as well).

If you’ve held 100k+ for >5years once you see yourself sitting with 7 figures you’ll want to take most of it off the table (again perfectly normal).

All going well a bunch of people here will be confronted with this before the real journey even gets underway.

Funnily enough the little guy who bought in late (or couldn’t afford a lot) and is forced to wait a few years longer to reach their target quite possibly ends up at a similar or more advanced destination than your revered 100k (or 50k) guy/girl.

Being a Turtle isn’t always a bad thing…

8 Likes

exactly. As it is these are the cheap tickets, and we’re all betting on Fleming to work (I think it’s a very asymmetric bet, 10% of dropbox mkt cap gives $1/coin and safe will do far more than that).

After that derisking, there are a ton of people/companies/funds who can drop 50K instead of 5, but won’t do it for something with a fundamental technical risk. There is a lot to be said for going in late enough to miss the big risks, but before the herd.

3 Likes

I guess the lesson is, ride out the first market crashes that are due to initial adopters cashing out, much like what happened to bitcoin - man that early crash from the high of $1000 was painful…

I think it is inevitable for those 50,000 to 100,000 holders to take their gainz.

2 Likes

I’m wondering what the difference is between most of us and these guys. De-risking I think is in the eye of the beholder. For me, I think this is a low risk investment. My risk perspective is, I believe it’s a cheap coin, I believe not many people want to buy in, which makes my little stack of fiat chips have promising potential. For me, buying in at the time of a traditional de-risking beta release feels like higher risk.

I’m not sure why people with any experience in the crypto sphere wouldn’t have already bought in. This little list I put together is putting fire under my chair, not to wait too much longer before making a larger purchase.

Who said understand what you are investing in first, which should be common sense, but it’s tempting just to through money at anything with a positive trend line. With this project, once you understand - you are hooked, it’s as clear as mud.

I’m hope these early investors have at least made some purchase. After all, to a millionaire what is $13,000 to buy in for 100,000 coins for a project that demonstrates so much potential. I’m sure more money has been given by VC to startups with only a fraction of the promise and s of existing success.

2 Likes

Unless you are playing it like a roulette, each investment includes two things - money and time. When you have more money, it means you value your time more => you are less likely to spend a lot of time studying every project in deep detail and you rather wait when is more clear, that the project is going to succeed, even if it meants lower profit per every $ invested.

3 Likes

Fleming by 30 June was my punt a while ago and I haven’t changed. Can’t see it impacting price much because of relationship to Bitcoin price. This needs to change and I don’t know what will change it

The price between maid and Bitcoin has varied pretty wildly over the last few years. It has been over 5x higher relative to Bitcoin for much of the last few years.

Just made this post in the other coin thread…

I feel that bitcoin is driving the rise in Maidsafe, and that its not maidsafe traders you are competing with…
It’s the bitcoin traders that might endup pricing you out of sub $0.20 maidsafe tokens.

3 Likes

from 2014 to 2019,MAID markcap from top 10 to top 84. soon, MAID will be probably out from top 100

image

9 Likes

MAID has already been outside the top 100 around a year ago, and then got back up into the 40s, I believe, and now fell again some. New projects come up and push MAID down as excitement and investment builds. Then it turns out they are just vaporware, and MAID rises again. The fact that MAID has avoided the catastrophic fall back into the <.02 is actually quite encouraging. There is a pretty steadfast line at .10 which it seems hodlers are not allowing it to sink below.

4 Likes

Just started perusing through this.
Thought some might find it interesting.
UK Regulator survey on uk consumers attitudes towards cryptoassets.

4 Likes

If we didn’t need anymore proof that bitcoin currently governs the Maidsafe price…


looking at the bitcoin price of maidsafe its bouncing of a low, but because of the incoming recovery of bitcoin maidsafe still hit $0.13 in the past 24 hours.

it is all ifs and buts, but if maidsafe continue to recover its bitcoin price, hanging on to the coattails of the dollar price of bitcoin maidsafe could punch through $0.15 within the next week or so.

dont know whats driving the pricing of maidsafe, are traders trading on the $ price or the bitcoin price of maidsafe.

2 Likes

Well, bitcoin is the only meaningful gateway between crypto and fiat, so that’s kind of natural.

Bitcoin crash => everything else crashes too (people run to stablecoins).
Bitcoin rally => everything else crashes (though USD value stays about the same).

3 Likes

Do we see maidsafecoin out of the top 100? What do you guys think?

I really hope we do see 6 - 7 $ in the near future if fleming succeeds…:money_mouth_face:

1 Like