I think it’s become clearer over the past year or so how much strong leadership matters for crypto projects.
A couple years ago hype seemed to rule everything, and while hype still has its appeal for some, I think generally we’re in a transition phase from projects that are immature (in all senses) to projects that are beginning to provide real value, are built on durable foundations, and are guided by teams with integrity.
The MaidSafe team is a standout in all these areas IMO. Complaints about token price or delays aside, I think we’re damn lucky to be involved with a project that is a paragon of the virtues that will ultimate drive value.
buy support seems to be stalling out in this 2k range. I think this is about as high as people are willing to buy it up on the basis of someone has 500 BTC and knows about MAID. It has certainly gone up higher then I am willing to chase it. Not saying it should never have reached this price but I am calling “too much too fast” on this one. Then again that last bottom was also prolly too much too fast in the other direction, and maybe now we are just regressing to the average.
In any case I am guessing uptrend is pretty much over until either a) some breaking news in the dev update that gets people feeling bullish or b) that whale stops being such a pussy and steps up to buy some instead of just window shopping.
Or we are just following BTC uptrend like MAID and every other alt almost always does . And then come altseason we will gain even more regardless of dev updates imo. The dev updates would obviously create even bigger multipliers though with some good releases.
Edit - Oh I am talking in terms of FIAT value too btw. Not necessarily MAID vs BTC.
I don’t get hyped about FIAT price cause that is often just BTC went up, and if that’s what I was interested in I would be trading fiat/btc. Really my goal is more BTC and more MAID when I trade maid/btc.
If we have to talk in fiat terms then I want to see MAID decouple from BTC. I want to see a day where crypto people are saying ya BTC meh whatever but MAID now there is something with reason to be bullish about. I think this day could come very soon with the new roadmap that leads to dev updates people will be bullish on the market about much sooner.
There is desperate need to outweigh libra and all the upcoming corporate chains. These are wolves in sheep’s clothing. (Although better (only UX wise) then banksters; Same but different ).
Do you know of any other specific ones in the works? I heard speculation that there wouldn’t be many, but rather companies would just join the libra consortium.
nice dip now to rebuy if you sold at 2k+. yep this is a blatant I told ya so post. sry could not resist lol. Anyways I don’t think we are going back to 1500. I am guessing if the 500 BTC person hangs around we won’t go that low anyways. 2k was a bit overbought on that notion alone but somewhere in between is a good price to move on.
It is often easier to acquire an existing coin’s dev team, than building your own.
I worked my very early career in the follow up to the .com bust. I worked in the first ISP in my city, which at the time was a small office in an old terrace in England. This is a time when each city had several ISPs still.
Within a year or so of me working there, I was sent to Germany to meet our new owners. A year later, I learned a Swedish company had bought that company. Each fish was gobbled up by a bigger fish in the pond, with the people and technology being reallocated in the process - I left at that point, as the emphasis had moved to London.
The rest is history, as they say, but many have associated the crypto boom with the .com boom. If there are further parallels, as the market matures and the big boys move in, we should expect acquisitions. Those who get left out in the cold, will find competition becomes a lot harder. Those on the inside will see big changes, but also big opportunity and investment.
Maidsafe is a unique proposition in the space. It has a good sized team, a great community, valuable IP, a route to income/profit and a potentially world changing product. If indeed the FAANGs are looking to get in on the scene, maidsafe should gets its name about, IMO. I still think Netflix could have a good synergy.
Blockfolio is I think the most popular, or at least it used to be (things move fast in crypto). It works a bit different though. You put in trade details as opposed to BTC address. I think they have integrations with exchange APIs to do automatic syncing. Or you can just watch coin prices, which may be advisable until we have a SAFE network based app like this so we know our info will stay private!
. And then come altseason we will gain even more regardless of dev updates imo. The dev updates would obviously create even bigger multipliers though with some good releases.
).