I think Maidsafe took your advice, and are pouring all their BTC into MAID.
lol could be but I doubt it. I donât think they are very much interested in the trading element. Pretty much to them it is a necessary evil. I think this is someone who makes a living strictly from trading. This is someone that wants to play a fun game on the markets. It strikes me as a move someone with the trader kind of personality would make. Not really something people focused on software development, that happened to get entangled in the crypto market crowdfunding their project, would do.
Itâs like the saying, âNo one gets fired for using IBM.â For anyone working in a hierarchical environment, recommending a purchase in MAID, even if you believe in the project and tech, is a risky move because ⌠no one else seems to be thinking the same way (ignoring for now that $1 million buy order that just appeared on Polo, heh âŚ).
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Thatâs why I think at least at first there will be a sales job to be done. Itâs not that likely someone internal will just be like oh hey SAFE network that really solves a lot of our problems so lets go ahead and take this leap. Itâs gonna be more like this guy came by and gave us this proposal that might solve our problems, do you guys believe this salesman?
Personally thatâs how I plan to cash our my long term stack of MAID. Forget just selling it on polo for some next trader to take their cut. Go right to the people with a use case for it and say hey I can help you.
Yes indeed after time it will get more popular cause itâs popular and there wonât be so much need for some outside person to come by and make a special presentation. But at first the argument will have to be made (many times) that the SAFE network is something your business can benefit from.
One core use is as cash.
Sometimes I wonder if SAFECoin should be renamed to Bitcoin-SAFE. It would immediately resonate with the public. I think I used to be against this idea.
I hear people reference all coins, even ALTs as âbitcoinâ - I swear, I heard someone say âThatâs also a bitcoin isnât itâ when refering to a non-bitcoin coin.
Here is a marketing ideaâŚ
âBitcoin-SAFE on the SAFE-DataChain, powering the SAFE-internetâ
Transaction time: Instant
Transaction cost: Zero
Farming Mining Processing Power: Low Cost
Bitcoin-SAFE security: secret-key, secret-password, public usernames.
I think we should talk the language of the mass crypto-sphere. Not everyone looks further than skin deep - engineers are not marketeers.
edit:
Could sell on 2 points on launch.
1). Maidsafe rebuilt Bitcoin from the ground up to solve many of its issues. (Call it a âBitcoin megaForkâ, a nice soundbite for the media to chew on)
2). Maidsafe rebuilt the Internet from the ground up to solve many of its issues.
3). Maidsafe combined the above to not only give us true safe anonymous spending, but also transfer that true safety to internet applications. A programmable crypto backed internet with baked in API s.
Might be an unpopular opinion around here but I think Bitcoin-SAFE is the path of least resistance when explaining the concept to Joe Public.
Anyone able to do a bitcoin-safecoin mashup image?
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oh yes that is definitely true as well but I donât know if there is really a way to salesman that use case. People will kinda just have to discover that one on their own. Now if say the local municipality needs a fail safe no downtime way to keep public records, one could go to them and be like I have that solution and I will implement it for you for X price. That works cause it is just helping 1 person with one thing. To sell it as money you would really need to sell it to lots of people and get like an enclave going where people transact with it.
Honestly with the whole âbitcoin SV is bitcoinâ ongoing fiasco I think anyone can call their coin bitcoin if they want to 
I donât know if I fully agree with this though. Bitcoin is a big brand but is it the brand we want? Do we want people to just think of safecoin as an upgraded bitcoin or do we want it to be more recognized for the fact it is quite different right down to the fundamental tech that powers it? I think we could see short term gains from piggy backing bitcoins brand, but thatâs like I am founding this company called Apple number two instead of like Microsoft
edit: I just google fact checked that and apparently Microsoft came first. well anyways calling apple Microsoft number two really would not be helping them today.
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This would be my guess. That 100 BTC wall is like a massive no entry sign for anyone else hoping for lower prices. This would surely encourage shorters to buy MAID, especially if the buyer is equally happy to accumulate.
MAID is a wild ride atm. The lack of liquidity and the end of loans at polo seems to have added a lot of volatility.
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I donât think itâs the fundamental tech that consumers care about with apple or Microsoft, itâs the services and apps. If we push âBitcoin-SAFE as the real bitcoinâ with zero transaction fees and instant spending at the very least, users will love it. Soon enough they will discover other services like jams.
It will be referred to as a bitcoin upgrade, and eventuality the wider public will understand the fundamental tech benefits. A few engineers on launch will understand but Iâm not sure we have to sell to them, people who will already understand what a big thing Bitcoin-SAFE is.
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I do see there would be some benefit in getting traction going at the start. I am just not sure itâs worth it in the end to be joined at the hip to bitcoin. It could be promoted as a âdigital currencyâ I think. Thatâs just like saying we make operating systems also like those Microsoft guys. I mean I think we should be saying this is something new and if you are familiar with bitcoin this is even better for the reasons you mentioned.
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I think youâll find that all those altcoins with âBitcoinâ in their name are in fact either clones or forks of the actual Bitcoin code.
A future Safecoin would be neither.
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Also there are too many bitcoin something altcoins, it is a devalued pairing now.
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If you go calling it Bitcoin then that would associate it with all the dishonest projects claiming to be Bitcoin when theyâre not.
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21 posts were split to a new topic: Discussion about energy consumption of Bitcoin, SAFE Network etc
Thatâs 4.8Million MaidsâŚ
When you put it like that, it does sound like a lot - it is nearly half the sell order book on poloniex! 
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I really wish that loonie was me 
If that order fills how will it affect the price?
If the buy order will be filled. The price will retain at 2000sat. No one really want to sell 4,5M MAID at this moment so it is support for previous buys to not going lower.
If he would buy with 97 Bitcoins all sell orders, he would push price to 5500sat.
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If he would buy with 97 Bitcoins all sell orders, he would push price to 5500sat.
And two years out may well have gotten a fat return from it. Would be a great YOLO anyway.