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

Freed 3 more minds yesterday, they love the project.

One mind just texted me… they bought.

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There is so little for sale they moved the market I think.

I should be handing out t-shirts.

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Finally… Price goes up after I persuade someone to buy.

Edit: and a rise in BTC too

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How is everything going Zoki, have you got the new Pi 4 going, is it good?

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It’s wonderful to see the price rise as bitcoin comes off its recent high. I hope this helps the team with resources. Be well.

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Not had time to play with the Pi 4. :frowning:
All or any free time I have is going in to my @bitbotbroadcast bot.
I’ve got two more financial indicators to implement. PSAR, and the AKA ichimoki Cloud.
Then i’ll start designing machine learning experiments on historic poloniex data to see if trading
bots are worth it. I think I will need to build further “indicators” atop traditional market indicators,
machine learning algorithms like 0-1 values.

not comforable sharing my code, it’s mine, :stuck_out_tongue: but here is a small snippet.

My market indicator file is…

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1209 lines of beautiful python code.

I would recommend any coders here that want to learn about markets, to just implement the indicators themselves. I have learned quite a lot about financial markets.

Stay tuned… I hope to post machine learning results here at some point.

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There are some tutorials out there on using machine learning to predict prices, but I think they are doing it wrong. You can’t just feed raw prices to a machine and get signals out.

Been working hard this weekend.

The route you take after learning about maidsafe, eh…

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You have alot going on Zoki and love the energy you have. :slightly_smiling_face: The twitter bot is a really cool project.

I have also been coding in python the last 6-8 months, an Poloniex app for SAFE. 900 lines of code but alot of space also, been doing tkinter, multiprocess threading, request libs, pyinstaller, It is almost ready to show the community. :slightly_smiling_face:

The initial thought was to do an artificial USDC/MAID ±0.5% trade manager, but it was alittle over my head as I have never made an app before.

Interesting that you will give AI a try. I have had thoughts about a trading bot but my energy is not there to do such apps. I am looking forward to what you will show us. Past values I believe is not in general good indicators to predict future value, economics litterature say that technical analysis don’t work even in weak markets. I believe it would be beneficial to be an economics professor/maths/physicist to make an AI bot. If I would try to build an AI bot then I would look for ways to mine data from crypto news and correlate with market movements.

Very exiting, interesting to see in which way you will try to tackle the challenges, wish you the best of luck and I would like to have your energy to give it a try myself.
When you find a way to make a machine learning bot work, Keep it to yourself or a small group of people you want to be successfull. If you find a way to exploit info to make huge gains, it is only possible as long as not to many others is doing the same thing, but remember to add me. :slightly_smiling_face:
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I just got interestend in maidsafecoin one man who will buy 1 btc worth of coins, It will move the price lol

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So it looks like Polonex closing all those long positions has not impacted Maid’s price to any great extent. What do community members think?

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It seems to have freed it to allow the price move more naturally. I’m like the fact we are not bouncing along 1500. To Fleming and beyond!!

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Has it happened yet? I thought the 22nd was the last day?

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Yes that was the date. Thursday Fleming + a short squeeze… Wouldnt that be nice :joy:

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That dude with the 45BTC buy wall.
A buy wall helps to keep a solid bottom in market price.
People who want to buy will habe to pay for it.
Combine the buy wall with positive news on a stock or crypto, people will pour in and buy at any price available… above the buy wall price.
The wall creates some sort of short term shortage.
This means the 45BTC whale is betting on price rises soon, to sell any maids they hold at a high BTC price?
Someone might have promised a BTC return on maidsafe and they are trying to deliver.

So… This buy wall could represent someone who borrowed or promised a BTC return on maidsafe and are trying to squeeze as much BTC as they can from the market.

What do you do?

  1. Sell maid for BTC and buy back at a possible lower price?

  2. Put in low BTC orders on maidsafe to buy cheaply on a flash dip after the wall is removed?

  3. Buy maid at just above the wall and ride a positive sentiment wave up created by the whale.

4)Hodle

Am I making correct interpretations?

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  1. Hodle ;),
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How long ago did that wall go up?

I ran out of money is there are price increase in the near future? :blush:

I’m going to go with don’t try to outsmart the market. Add when price comes down Hodle for the long term. Dollar cost average your way in if you don’t want to wait for lows. When SafeNet launches you’ll be rewarded for patients. Best of all this is a project with real ethics which is why I’m able to advocate and evangelize for it.

High Octane Speculation below:
Could the whale be someone who is a supporter of the project? Due to the extreme age of SafeNet is it not possible that a bitcoin whale from the early days has decided to support the price until Fleming. This helps the project and allows the whale to be rewarded for supporting a great project at launch.

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The instinct of Greed asks me why the whale wouldn’t let the Maid price freefall so he could scoop up more

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Pure speculation and conjecture here, but I suspect that the buywall will disappear when margin trading is ended.

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Price really has been more resilient than I thought it would be. I’ve given up trying to explain it and am just grateful to be still be able to scoop up a reasonable amount monthly.

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Someone checked if poloniex extended the date again?