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

Yes! We call it jack fruit, smell can be quite pungent.

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They’re different fruits. I hope maidsafecoin price can perform as well as durian price. Now a decent size durian cost as much as USD20

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A durian of Maidsafecoin! I can see it as a future unit of maidsafecoin. Currently a Durian is 144 Maidsafecoin. :slight_smile:

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haha well anyone who thinks MAID can’t bounce back huge should deff consider the “super-foods” market. One day its just another vegetable no one cares about (well other then a small group that just love the flavour like us!) but the next some experts are saying how revolutionary it is and the global price skyrockets. I don’t think its far fetched that some expert with lots of influence would decide the SAFE network is something like an undiscovered superfood.

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Buy wall moved to 1500!

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Think it’ll move again soon?

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prolly wash trade here and down to 1300 lol. On the other hand you know he’s got the ability to push it up just as hard and will do so when he thinks he will find liquidity up higher. I think he is trying to time it up with fleming pre-release hype personally. I would say any time now he could hit the gas so I would not sell everything right away :wink:

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Maybe he is trying to cover his big short position before august 15?

Edit: august 22

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well for whatever reason he certainly walked it down to buy. I think he is backpedaling a bit cause no one was selling anything in the 1400 range. Like he has pretty much squeezed as hard as one can and I think soon we will see the pressure reverse as he tries to either accumulate or close his short.

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Whats happening aug 15?

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He probably isn’t talking about the Assumption of Mary (public holiday in a lot of places). However, according to Poloniex, on august 22nd they will remove Margin Trading for MAID (among others) .

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Yes I meant the margin trade removal, thx

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Even though it is sorta stuck at 1500 I see a silver lining. That whale is actually buying some random sells here and hasn’t done a huge wash trade again yet. Could mean this is really the bottom he was looking for.

Either way something has to give soon. Possibly he is just sleeping or something and that big wash trade is coming. On the other hand if it doesn’t you know we gonna be able to pry ourselves out from here on that huge wall eventually.

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Thank goodness the thread’s back on track. I really need to be reading the same graph talk that have conversed about over 5 years instead of how fruits rapidly get depleted of negatively charged life-sustaining hydrogen ions when taken from the Earth and therefore should be consumed immediately after picking.

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no wash trade yet and we got some nibbling happening on that 4 BTC resistance. I could see someone making a move soon. last time we were at 1500 someone ate like an 8 BTC resistance all at once. Stick to your guns mini-whale! The selling army is faltering! Main thing is as long as the big whale doesn’t wash we totally got this. Could gradually ratchet up or see some big moves, but either way there is actually not very much available to market buy without pushing price up significantly.

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Hello !
I just got to trust lvl 1. I bought MAIDsafecoin just when BTC started going down after the 12’000€ high it had. I first thought it was a real good move, seeing the money not jumping down like BTC did. The goal was to support the project and maybe make some money. However I saw the money almost halving it’s value since then. Does that mean that the SAFE network also lost just as much in ressources to work on the project?
Can the SAFE network group keep up with this? Do they really think they will make the idea a reality?

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Not exactly - they hold more assets than just MAID.

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They have some FIAT, BTC and MAID. Yes, the crash affected their ability to fund the project, but the recent BTC recovery probably helped a little with this. There was a topic specifically about this on the board with a lot of discussion from a few months ago where the management spoke a little about their situation:

Obviously they aren’t going to straight up tell everyone their financial situation, but I believe the gist was they were likely looking to secure some outside investment funding by the end of the year to continue to an MVP. David promised to finish the project on his own, no matter if there is funding for the company or not.

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I think they will when the time is right. Hopefully no shocking outbursts at the last second but they will keep us in the loop hopefully after this hard grind to get some form of their network goals out there to be tested in the wild a bit. No reason to dwell on finances if its not too big a near term threat(3-4 months == near term) when they have real challenges to tackle in the here and now.

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If they want to attract VC they are certainly gonna have to open their books up to them. I think MAID holders are like the original VC though and really should have access to this info. I mean forget actual VC if they just want people to buy more MAID then they should be more transparent. The only argument I have seen for not goes something like “we just want to focus on dev and not get everyone distracted by the companies finances.” IMO that doesn’t get rid of the elephant in the room to be like lets just focus on something else. I think it has been the right time for a while to have this conversation.

@Tilmann_Beyme Now pls don’t take this as FUD! There is good reason to think that the fleming release we are on the brink of will create lots of new value as the first iteration of the network that will actually have use cases beyond just testing things. In terms of dev progress they have indeed been very transparent. There is that unknown of their finances but that doesn’t mean they are bad. its just an unknown ATM.

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