I wish this was driven by the fundamentals coming out, however this price increase seems to only be driven by the increase in BTC value. Each satoshi is worth much more than it was 36hrs ago - Maid still sitting around 2200 sats.
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This day will comeā¦ Right now MAID is like stuck to the bottom of a BTC anchor, rising and sinking with the tide.
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Agreed, the time will come. If some of the milestones happen at the time BTC is on an uoward trend such as now, that will only compound the gains. Add to that a major exchange, well then, bring it on!
Fleming, Safecoin, Betaā¦Live mwahahaha!
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TBH I would not be surprised if Fleming release we actually see a big sell off. I mean I think alot of people are just HODLing thier bags waiting for that. It should go up for a milestone successfully reached but I am worried the price will more be driven by āomg I held this bitch forever and just want to go play other gamesā Anyways it really depends not on our current group but how many new people we bring in by showcasing what Fleming has achieved IMO.
Well, were still here after hodling at >$1, for the most part, so maybe not.
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not saying every coin is gonna get dumped just I have heard sentiments in this fourm alot like āwhen is Fleming coming out to help out this figgin bag that keeps going downāā¦ now that doesnāt mean they will all sell but I think it will peek just before from the hype then when it hits quite a few people will pull the trigger. Of course I am not dumping all mine in case I am wrong but I am not gonna be afraid to sell some if it gets up there in advance.
I cant say your wrong.
But ive seen 1 person state they are keen to unload some ( possibly )due to baby, not much work.
I think the rest of us want fleming because well be a little closer to completing the puzzle.
But i cant say im not wrong.
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People invest based on several reasons, I know there are 2 types I have seen and know of:
- Those who buy into the vision
- those who buy on graphs and inclination to increase wealth
As we release anything we cater for 1. The folks in 2 are more difficult as they are swayed by market influence, whether that influence is honest or manipulated. For me I am focussed on 1. I also want folk to increase wealth where possible and as many as possible, but I would never bow to the market as it stands. We were formed as a company to achieve the vision, that vision is incredibly valuable and terribly important for humanity (in my mind). Therefore, apart from being able to achieve the vision (needs cash) I am almost uncaring as to price as I believe it does not represent value as it should. My own feeling is that this is not value seeking price, but get rich quick seeking price. In this place I think we do that right thing, achieve the vision and break through every wall that is built by traders, but reward those who truly want a better world. In any case I am very focussed on seeiing the face of that person we save, nothing else really matters to me and neither it should. In short we are doing something important that the world needs, the value is implicit, those who see that will likely be well rewarded and that seems natural and right.
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I donāt think the two are mutually exclusive. I think the time there is safe money to be made is when there is a difference between the actual value (the underlying vision and the progress towards it) and the current market price. I mean right now I think its a steal considering how much higher it has been when we were farther away from the final goal. Anyways if people think Fleming is their unload day I will buy that dip and get the value of these milestones that have been achieved for a low risk cost.
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This is why the SAFE network will succeedā¦ there will be profit in ways not yet seen, as all visions take us to the unchartedā¦
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I donāt think Fleming is the unload day. Itās more a milestone for insiders and we will know beta is closer than before. I donāt imagine there will be a huge budget for marketing Fleming but by the look of the Beginner thread, some well qualified externals are joining up so the word must be spreading through invisible channels
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I actually misremembered something I had read in my initial post. Mike Novogratz was the one who recently said at consensys that it is Web 3.0 that will change the world, not bitcoin. Regardless of who said what, these VCās know the truth. Bitcoin has name recognition, first mover advantage, and is good at one thing, a border-less/digital/store of value. But that is a limited function and one that is complicated because of blockchains crude nature. I think if I was to pitch to any VC it would be the ones that understand this and know disruption when they see it. Tim Draper and/or Mike Novogratz are interesting folks. @nicklambert @dirvine
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Well thatās me and I havenāt heard anyone else speaking like that.
I honestly have difficulties in deciding what to sell. MAID is on the list just because my portfolio is so heavy on MAID. It is the only project that has the kind of vision Iām really interested in, that really makes sense in so many ways. Itās not the vision of Maidsafe Iām uncertain of, just the markets and my ability to predict them.
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I know this one has been said beforeā¦ but I wager right now you can buy pretty much anywhere in the current price range and at some point (maybe years but eventually) you will find yourself in mad profits. The hard part will be not dumping if it visits lower prices before then. Believe me that we are all trying to peg the bottom, but no one really knows for sure. Really only 1 person buys the absolute bottom and one person sells the absolute top. āgood tradersā generally find a nice chunk in the middle though 
I bought the absolute bottom (so far), but then again Iād been buying constantly for months Gotta work on the selling tops bit. If fleming works, then $1 is just a matter of time. Looks like the bulls are back at it for a while at least, and volume way up across the board. I thought this rise would be a bull trap, and it may be yet, but things are looking good.
Blasphemy Blasphemy Blasphemy
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I beg to differ. The hard part should be not dumping it as it reaches higher prices before then. As I recall, on the whole, one should buy low/sell highānot the other way around.
For me, Iām keen to see the price rise for what it means for catalyzing and accelerating development of the ecosystem. Iām looking forward to the point when I can reinvest returns to do just that.
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haha yes good point. Although I have no problem selling some if we really pull up. I figure play the big swings and end up with more MAID for when we hit milestones that send us parabolic. And yes if thatās Flemming I will have lots but I think its more Maxwell or whenever we get test-safecoin. If the market wants to give me more time to accumulate I am not gonna complain.
this wall is still holding up while everything else is deep in the red. I am still a little scared someone will be like ok give me 20 BTC to go dump for fiat. If we can hold the line here and now though I see no reason for it to not go up when the pressure to liquidate BTC lets off.
update: he is taking some damage. This could really tumble out of control. heck I am thinking of panic selling some at this point. If BTC would just settle down I think things would stabilize and creep back up. Much more pressure to sell BTC and we are in big trouble thoughā¦
update: wall dead! here comes the shitstorm!