1000% waste of time
Are you willing to bet 50K MAID? I just love it when people put their money where their mouth isâŚ
âItâs a maximum pain kind of betâ
Jimmy Song
Damn it, Cryptopia exchange is about to closeâŚ
aw that sucks. The volume was never huge but I considered it our moon base incase of catastrophic events on polo. They seemed like they were gonna re-open to. I guess they decided the volume in 95% of their assets was already pretty weak and losing people right now pushed them over the line of it being worth running. TBH I gotta give them credit for providing a place to trade the most shit of shitcoins for so long lol. I hope another company fills that void.
What we really need is a true DEX (where users control real coins not IOUs like binance âDEXâ) ⌠I think once we have that it is safe to say there will always be a place to trade MAID.
So Cryptopia has had it, huh⌠If you check their reddit, people appear more furious than sad.
give me back my fucking money you stealing cockroaches!
(https://www.reddit.com/r/Cryptopia/comments/bow6we/give_me_back_my_fucking_money_you_stealing/)
oh dear thatâs quite an angry mob with torches and pitchforks I lost a bit there but I am just like meh whatever, thatâs why I have my trading coins spread over several exchanges and my main reserves on my own wallets I control the keys for. I almost expect exchanges to go down and itâs factored into the amount of risk I will accept. Its kinda like how in the past you might have a galleon of gold out at sea and pirates rob them sometimesâŚSounds like people were too lazy to actually sync a wallet for all their various shitcoins and used them as storage.
After this, I took out my last MAID from poloniex⌠I held 1/3 of my portfolio there in case I needed money⌠But the risk is not worth it⌠if I need money Iâll take credit
well if you are really trading 1/3 on a regular basis its worth it maybe. If its just sitting there in HODL mode generally you should for sure hold on to it personally. Nothing will stop you from sending it back in if you want to trade it. Only disadvantage is slight time delay if there is a sudden but short lived rise you want to sell into.
So anyways I am changing the subject now. I mean this is just depressing. Who else is hyped MAID pushed back up to the 2222 level? Quite a lot has traded around here (and I mean small guys to not just the 30BTC whale.) I think it has become a critical level. If we canât hold it many many people are going to be in a loss. Hopefully we have done a good job of estimating how much was held by weaker hands and will get dumped for BTC if that market is exciting. If we ate all that I think we will see a gradual push up from here. Also If we get some great news in the dev update tomorrow that would not hurt. A Fleming release date and a lot of people could be sitting in big profits from this level.
Lol I was about to post this in response too
We started off at less than a penny
Good ol MasterXchange days
I donât do business in these âcentsâ⌠all I care is value vs BTC
Once youve given up that day job. Surely you will care for the price in cents?
That is so true @bones, then you have to care! All I want is to be financial independante, but thats luxury already I know. I dont care about lambos or things like that, its about living a good life without beeing dependant of anyone. Maidsafe gives someone the chance to get there! In our system its all about money and itâs getting worse every year. I canât listen to politicians which are talking about education and how important it is to get a job to earn enough money for living. The only guys who profit from this system we are living in right now are those people making the game rules of our system, you could compare it with the game âMonopolyâ.
Is this some kind of script? Working in Linux maybe? Would you be so nice to share it in case you have it? I did like it!
I already make more from trading then my actual job. Only reason I donât give it up is cause I kinda like it. Anyways I guess I just have an underlying confidence in BTC getting even bigger in the long term so when I am daytrading I am just trying to get more of that. I used to be more focused on the dollar value of alts but I found it was causing me to miss a lot of variance in the BTC price. Sure sometimes I am buying when you dump on me cause BTC/fait is high or selling to you when its low but BTC price is up there. In the end these fluctuations balance out over several cycles and you just have more BTC whatever its worth today Actually with MAID the goal is more MAID for my long term bag but I find that is best achieved trading against BTC rather then fiat.
Actually I would be willing to make a deal with my boss: take the dollar value you pay me per unit of production. subtract 10%. Now buy a years supply of MAID that will cover that at todays prices. I will work for that much MAID whether it goes up or down and you already prebought a discount on my work so that should be equally beneficial to you regardless of what the markets do.
Only prob is my boss is a nocoiner and would have to learn how to buy crypto. He might do it to save a bunch of money though. I should pitch this to him. I donât see why @dirvine doesnât offer contracts to work for a set amount of MAID. They expose their security of having enough money to finish the project to the whims of the market by selling crypto to pay a set fiat rate.
Update: Ok so I kinda thought about this and basically what I would be asking my boss is will you loan me a years pay and I will put my work up as collateral. The 10% is like interest. Ya he might be like I would love to but I donât have that much money in the bank to finance this. Well Iâll ask anyways.
This is where he has to ask is this guy loyal/ does he love this job? What are the chances of a default if MAID goes down a lot. Dave would have to ask that same question about his people. But having seen some interviews I think many of them really love what they do and believe in this project.
Thanks for the compliment.
I am going to have to disappoint you about the code, Iâm going to be keeping that to myself.
Happy to keep tweeting though.
Am working on generating candle stick charts soon.
any volume on Btker? I donât know if I trust them with a big load yet but if there is an opportunity to microtrade with no fees I would go in there and play the game for 1 sat profits Of course if no one is trading at all this wonât work.
hmm ya having a look. For me the no fees donât outweigh the fact all the volume seems to come in short spikes. Maybe thereâs some good bigger flips there but at that point a little fee is like meh whatever.
wow we doing nice today. I am a bit sad cause I was hoping to accumulate more cheap coins though lol. Any fundementals reason for this, or are we just finally regressing to the mean after some hard dumps past the real supply/demand equilibrium?
I am not chasing it up personally. So much moved at 2222 sat. Gonna wait and see where those guys take profits. Either that or buy support has to build alot more. Like a few BTC of buy offers is nothing compared to that 100+ that is in profit from 2222 and below now.
on the other hand my price to dump all is very far up from here and where I would short even further. All I am doing here is sell a bit to take some profits then sit on my hands.
Update: whales still splashing around hard gonna sell a bit extra at this level and try to play some waves:) If it ends with a high buy oh well I was just gonna HODL that anyways. We seeing real volume though. All I am saying is I want to see 100 BTC flow though to hopefully vacuum up the cheap coins from last weeks people are short/medium term flipping.
I think a bit of equilibrium, combined with a much clearer project roadmap, which shows progress on GitHub, and only a bit more to go until Fleming, which will do some major de-risking of the networkâŚ