MaidSafeCoin (MAID) - Price & Trading topic (Part 1)

Yes, that is the strategic essence :slight_smile:

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I’ve got a 1-year-old to thank for that :joy:

May as well make the most of the broken sleep patterns!

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This is true but as CEO there was no market price personal fiat paid for these coins. Its a free and rightful incentive for one to build a successful network much like CEOs get shares in fortune 500 companies as part of their compensation to align their goals with that of other holders, to build value. So an attachment to those coins comes from an alternate vantage point than say someone who says “well I payed ___ for my stack of MAID and its now worth ___”.

Granted I rather us all just win, let early adopters make a ton of return(I think everyone in this forum is still an early adapter. Anyone with 1,000 or more MAID realistically), let MaidSafe make some fat stacks. Hopefully in that situation if it happens we all find ways to use the newfound wealth to change the status quo and keep driving to make the world better. And the best benefit of all is a successful network means humanity has taken back the rights to their data! Everyone can win realistically and that is how I hope it plays out. Right now yall are still grinding away giving it your best shot to make the network a reality and I will continue to cheer till it happens or death. A preference to the former personally.

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No, I did by these with FIAT, I received none for being CEO, but did take part of my wages in maidsafecoins as well. I felt I had to own a lot of them and given the chance I bought a lot (at over £0.50) when I had sold sigmoid shares. The are probably down a great deal, but that’s cool right now. So I have a load and think that is good as it shows incentive for the project to work, even though the cash part does not drive me, but I have things I would fund in a heartbeat given the chance.

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when you referred to the slave relationship before I thought you were saying like “stop bothering me just cause you invested in the project, all you get to vote for with your money is that you want me to lead us to victory, and you don’t get to be involved in other decisions.” On the other hand that is sorta true. You can’t let one whale sabotage the project just cause they have lots. Yes spend some time engaging them and trying to make them happy, but in the end if doing what they say is going to cost the other investors more, you have to think of the group and say ok buddy dump that on to the market and I am sure people that don’t agree with you will buy it up. That’s why I don’t think this is a slave like relationship at all, or even dividing a set sized pie of power. Its more like we can do voluntary stuff that is mutually beneficial, or we can abstain. If it doesn’t seem mutually beneficial you have the power to say nope we aren’t doing that and if investors don’t like it they have the power to sell.

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Guess I was wrong in my guess at how you acquired them(just was thinking typical CEO style). Thanks for the insight and appreciate your approach there, I do welcome it as a token holder!

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Seriously hoping the alts start getting some more love soon so I can back the truck up hard again on these dirt cheap MAID.

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When are we being listed on Binance? Personally I am changing my exchange for the short term.

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You know it is still early days if everybody wants to be on Binance. That’s like begging for an STD. For a crowd that is supposed to be all about decentralization, you would think that would be the last option.

EDIT: Not trying to be a snarky jerk. I know we need liquidity. I would just like to see a proper DEX and the end of this madness.

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Issue is, there aren’t really any decent DEX yet for a number of reasons…

BISQ is really the best DEX right now. Not sure what we need to do to get involved there with some volume and active users.

https://docs.bisq.network/exchange/howto/list-asset.html

But MAID was part of an ICO so not sure it can qualify here. Seems like no cost though and you just have to make a PR to their github :slight_smile: .

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There are actually a couple on the horizon. Not sure if the timing is going to be right though. I’m already 5X or so on one of them. We’ll see. Only HODLing to cash out and load up on MAID.

Already own a shit ton of MAID. Big goals though.

Interesting. How do they solve the problem of front-running?

I agree that it’s just a matter of time till they take off with good liquidity and ways to manage market manipulation due to market inefficiencies. Questions, as always, is how long?

I’m not familiar with this unit of measure. :innocent:What is the SI equivalent?

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tenor%20(1)

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is it a real DEX with cross-chain interaction? Like any DEX I have seen so far is just like an ETH chain where you can make tokens and trade them… which is fine if you want to make the tokens on that chain, but if you want to have your own blockchain the best that has been done is make the tokens and they are IOUs that some central authority (ie binance) says they will redeem for real coins. I don’t think its a true DEX until we have good interchain operability.

In any case I am gonna switch gears here a bit and propose that being on more exchanges does not necessarily mean more liquidity. Take it from me… the guy who bought dump trucks of ETC on the news coinbase was listing only to see it grind down for months and I am like WTF how are there now LESS buyers with it listed on another major market. I think the thing is if people wanted ETC (or MAID) they are not incompetent to go get it where it is, even if that is not their primary exchange. Very few people are like ohhh I was just waiting for you to list this on my fav exchange to buy some. Bottom line is we don’t need more storefronts we need more people wanting the product and they will find the store.

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Agree here, I think MAID has realized this as well with recent attempts at getting on some lame exchanges, which waste their time and liquidity requirements(+ listing fees!) add extra risk moving their coins around in risky situations(think exit scams and such). Trying to get on more exchanges expecting it to help coin price is is what a shitcoin team would do, not a team focused on a product. Get a working product before worrying about where folks can trade the temp token.

Edit - As for the bisq questions, yall have google just like I do to answer your burning q’s xD. I personally do not use it. I downloaded it once in early stages just to get a glimpse. Following the crypto space its the biggest DEX I hear about on the regular and see its name brought up fairly often, really shocked its yalls first time hearing of it. Runs as a java app on your machine.

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ok so I did a bit of research and it does not sound like interchain operability. From what I gather the way it works is you arrange the trade on bisq but then the buyer and seller need to send the required coins/fiat directly to each other. It doesn’t fully depend on everyone to be 100% honest (obviously that would not work.) as people who own large amounts of bisq tokens can become arbitrators for disputes.

It doesn’t sound awful but I would argue its not completely a DEX because those arbitrators are needed. IMO a true DEX should immediately execute orders based on hard coded rules and there should be no need for a dispute mechanism. The waiting and potential “litigation” really turns me off to this and I would prefer to just use a fully centralized exchange and let them be the “arbitrator”

if we just wana hang out around here and keep having 10%ish spreads I would be cool with that. Well I know a lot of you would not. That’s daytrader vs HODLer mentality :stuck_out_tongue:

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