kinda bullish on polo opening up new margin markets. Draw peoples attention to that part of the site and oh look here’s a coin I need like 12 btc on 2.5x leverage to push though 30 btc of sells and totally shake up this market 
I know whale pumps are usually not sustainable but honestly that last major dump was prolly somoene with like 12 btc saying look how low I can push this down shorting on 2.5x leverage so we are due!
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Just remember that there is over 11m MAID to sell.
I had heard you guys were considering the name “spacecoin,” in terms of hard drive space, and thought that was super cool sounding too 
But safecoin also gets the job done 
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How many MAID do you have to have to be considered a whale? 10M?
looks like the cost to push though the current resistance is about 300k. I would say if you are buying though that and moving the market you are a whale. About 8 bitcoin or about 3 bitcoin on 2.5x leverage. That’s why I figure this puppy has got to move. You really don’t need to be outrageously rich to make whale moves right now!
You honestly think advising shorting at these prices is a kind thing to do?
Are you?
Remember that any advise in this topic is to be taken at your own personal risk. Traders talk and they advise people to do what they want them to do, and this may be good/bad advice or self serving advice. In other places I’ve seen whales tell people to buy out a wall, except the wall is their own. Or sell into a wall and again the wall is their own.
Is this happening here, well I don’t have a clue but people can decide if its advise for themselves to follow or not.
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Will Safecoin(not Maidsafecoin) be available on clearnet exchanges once the SAFENetwork is live, or will it be a native token only in use on the network? After the launch and subsequent exchange of MAID to SAFE, I just can’t see how you will be able to buy Safecoin on Poloniex for example, and send it to an account on the SAFENetwork. Will all Safecoins have to live on the SAFENetwork?
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um all I said is if you are all in maybe consider selling some to catch the dips based on the market depth everyone can see. And actually if you did that there have been some opportunities to sell and rebuy a couple percent cheaper. Since then a nice sized buy wall popped up, and now I personally feel more bullish.
exactly! You can go read the NY times and engage some analysis on price that might be either bullish or bearish, but in the end that guy didn’t go sign the papers to buy/short that stock for you… YOU DECIDE1
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2 or so years ago Poloniex came in on the forum and was asking when safecoin would be live so they could prepare for it. I know things have changed at Poloniex’s end, but there should be no reason they will not list it. It only requires them to set up safecoin addresses and some procedures. Actual trading only uses database numbers.
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The real danger is with such a small market cap polo will the delist MAID before the final release. Its good that it is entrenched as an OG coin with margin trading but that doesn’t assure anything. I think when we transition to actual safecoin the market will be so large they would be completely foolish to not be involved. They did not ignore the ETH fork. They did not ignore BCH fork. This is not even really some controversial fork so much as the transition into the next step that was long planned.
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Can you enlighten us with the meaning of “OG” please. No one knew previously
it stands for “original gangster” meaning even if its today market cap is below some hype new coins it still gets the respect for being there first.
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you can’t front that OG flag and never represent in the hood though! what I would love to see is @dirvine and co do something in the meanwhile to give MAID value before final. I see no reason not to let people trade it for testsafecoin as long as there is a clear warning this coin and all data storage you buy with it will be lost at final. That’s just like the most obvious thing. I am sure there are other creative ways to stimulate the MAID market in the meanwhile to prove we are real while we wait for the big score!
Never fear David and the development team are doing something, and that is building the network code. That will give the most long lasting value. As we get closer to release candidate betas people will see the value. Just at the alpha stage that level is very low.
In the betas testing there will be testsafecoin and obviously there has to be some decision on how people can have a few test coins in order to test the network. One suggestion was to give some to each new account (problem account spamming). Another is to use farming to get coins (problem no storing without coins thus no farming).
But I am sure there will be a way. Maybe even giving forum members a set number of test coins similar to the invite system and the members can gift a test coin to others elsewhere so they can test too.
It has been suggested that once we get to release candidate stage, barring a requirement to reset, the last candidate release will simply continue into the live system with any test coins becoming the actual safecoins. This means that release candidate betas will be given real life testing since people (including the dev team) will not know if its the last one to become live. The decision to become live would be made on performance and reliability of the release candidate beta being tested and not a person’s decision.
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oh ya I know they are doing lots on a great project that will be a wonder of the world when its done. Just wana keep the token sale coin relevant somehow in the interim. I guess we first need to have some kind of testsafecoin to allow people to exchange MAID for it, so that’s not like a tomorrow thing, but still very nice in like the medium term. If that testcoin could at least have SOME chance of actually carrying forward into final all the better and even more reason I would say let those willing to engage the risk trade some MAID for it.
Anyways I am kinda stumped on what to do in the right here and now to give MAID some utility more then a long term HODL coin. Not just the dev team but anyone at any moment could come up with a great idea on this and I am confident there is a solution that just has to be found.
This is exactly what MAID was made for though, a proxy token to buy in place of the real deal. Its like we pre-ordered a video game, we are still waiting on the game to release 
. This coins only purpose is to convert/burn to SAFE once network is ready. I am sure it may also have some uses to acquire test safecoin during early candidate phases too.
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@andyypants you’ll find there’s minimal interest in these parts for pushing the price or notoriety of the placeholder token even in the medium term.
I understand that can come across as nonsensical and completely at odds with what your used to seeing (whether that’s in your trading shoes or as member of the wider Crypto movement of the last couple of years).
Thing is this project is in <6 months approaching a very critical stage. It is (we all are hoping) at a technical level going to to demonstrate the basic core concept (or framework if you like) for an Autonomous Data and Communications Network.
This has enormous implications (globally and unlike any other crypto or current software project inc. Lightning), but I guess a bit like a Tidal Wave you have to wait a little while after the earth shifts for the wider audience to see the event take place.
Trying not to speak for others but there are still at least 3 big pieces beyond Fleming that need to be rolled out restarts/upgrades, the farming algorithm and then Testsafecoin.
These will all take time because they have to be done right. Even if it exceeds all our best guesses wrt timeframes and requires VC so be it, there can be no compromise to the networks security or longevity, not even one!
Until those steps pop up on the radar the network remains ‘under construction’ so to speak and there won’t be much assistance from the wider Community and Maidsafe in pumping or pushing the token out there on anything other than its own merits.
A bunch of folk get their back up at this or fall back on thinking most of us here are a bunch of deluded idealistic dreamers but it’s actually a lot simpler than that.
The Community here from what I’ve observed know what’s at play with this project and the mind bending potential it will open up for pretty much every corner of the Planet.
No, it’s absolutely no guarantee of any end result in our favour but the long term outcome if Maidsafe succeed is equally mind bending.
With that in mind short to mid term relevance as you mention you’d like to see for MAID is relative when you think about it.
I’m reasonably confident over the next few years we are going to be narrowed down to only a very small group of projects that become ‘the winners’. Short or mid term relevance as you hope for is only going to have minimal impact at best on that future.
Something to chew on I guess.
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Wow this is very interesting. Thanks for passing along.
Just remember this was a potential scenario and not guaranteed