Another 100 BTC buy order for MAID just popped up for 1800 Sats. Looks a done thing
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So do you guys think this one will also get sold to? I mean the last one seemed to not even be enough for the guy selling (unless he had exactly 97 BTC worth.) On the other hand it might have been most of it or maybe 2k was a good enough price but 1.8k is not.
yep it just got sold to entirely. Like these are really some strange days. I just donât know what to think of this action. It defies all attempts to predict the market 
I am really starting to think this is maybe some wash trading scam. Sure polo tries to not make it easy but itâs not impossible. On the bright side look how high MAID is in the volume standings! Although it almost feels wrong to be profiting from that if it was scamy, but what can you do if people see it and start buying other then to sell them some so they donât overbuy it tooo much
What if the buying and selling party are the same persons, trying to wake up the market by creating volume and by doing so drawing the attention to maidsafe coin? It doesnât make sense that people would be selling so much, unless it just goes from the right to the left hand and viceversa.
Orders trading hands could just be the fact that some people have a strong knowledge that BTC will continue climbing for as much as a year from now: fluctuating, of courseâbut still upward generally, because of next yearâs halving. So much confidence in fact, to the point where even 100 BTC walls make no difference to them. So even with low volume MAID, it may seem absurd that such large trades exist; but the surprise stems from the power of BTC belief overturning seeming-indestructible logic.
And as we all know, there will still be another year or so for this project to really gain steam (hopefully much less than a year if the devs really soup up their game and their minds to focus on their goals while not burning out ever for the entire year leading up to Summer 2020 [tall order I know]). So the guy who got the BTC probably feels very lucky right now: if they decide to buy [some/all of] MAID again when the Satoshi price-point is a little lower. MAID has a little steam imo to push up still, but not against the power of people being familiar/comfortable with the current insane Bitcoin machine.
Halving has traditionally always been seen as an enormous event of the so-called âcrypto kingâ (btc), regardless of new innovations out there. Although, one interesting aspect is how halving is still 11 months away; and thatâs also a really nice number for Maidsafe striving for integration of their work. Also Iâm not even sure why BTC halving 11 months from now causes so much upward momentum right now instead of next year, but Iâm not exactly an expert there.
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thatâs what wash trading is. Trading with yourself to create fake volume.
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Does Polo have an OTC desk for big trades? I wouldnât expect to see these sorts of trades in the order book if so.
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Iâm trying to buy relatively small amounts for the last hour and itâs been brutal. Still need more liquidity and exchange options.
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15 posts were merged into an existing topic: Other Coins - Price & Trading topic
Most alts seem to be suffering from the same condition. MAID has been floating about in the 80s in market cap rank for a while, so it isnât an isolated incident.
I suspect BTC will start to bleed into ETH and others in the top 10 soon and then the rest of the top 100 may start to get some action too.
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Well last time we had a huge BTC rally alts anguished at first but at some point people started to realize BTC was overbought and there was not really a good risk/reward there anymore but alts were a great place to dump money into for a secondary crypto pump. I think there is a really good chance that will happen again.
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Me too, though the game may be bit different. In 2017 there were tons of new altcoins, that were promising this and that improvement over Bitcoin, so that me and other slightly knowable folks could get excited and buy. Now, couple years later, the possible advances these other coins might have, doesnât seem to have made them much more useful as a money, or the possible usefulness in other ways much more valuable. After the Libra news I donât think many cryptocurrencies stand a chance to become widely accepted payment method. BTC might stand for a kind of digital gold for a while.
I just wish the releases of MaidSafe get the attention deserved and money flows in MAID.
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hey look another 100 BTC wall. I am still wondering if this is really someone seeking to accumulate 300 BTC worth or if it is just the same 100 BTC cycling around wash trading.
maybe some blockchain detectives could look into where such large blobs of MAID are flowing. Is the MAID in these trades finding its way back on to polo after a little walk around or is it staying put and new MAID that has not visited polo for a while flowing in?
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âŚwatch this space 
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Blockchain Detectives made me laugh. Thatâs a whole new profession. Maybe a Netflix Series in 2030? 
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So He could put for example 0,0000016 lower, but it was 0,000016 near to lowersâŚ
Hopefully we get one more dip back, got some BTC hoping to scoop up a few thousand more to throw on the stack.
Are you thinking Elliot Wave?