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With $ or € need to go throught KYC/AML
About 6% fee for MAID trades is sad thing.
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whats the opposite of “To the moon!” ?
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Back to Earth? 
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“To The Core”
20 Charachters
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We about to head under EUR 0.10
Bitcoin is driving the market down.
Wow… what if we see 0.01?
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In that case, I suggest breaking down and crying for its therapeutic effect.
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I just brought three more minds on board. I’ve been able to bring on 5 people so far. Once they understand what SAFENet is, the team behind the effort, and the ethical base that it’s built on, thinking folks will seriously consider investing.
This is something I can pitch from my heart. It’s something I believe in.
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Funding is an unknown at this point but I think it’s an issue that can be readily solved. This is a solid project with good technology. Consider how much Capital is looking for an investment, it should be straight forward to raise more money if needed.
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why is the company not sharing with us the actual state of funding, how much is left - maybe we should not be surprised if we get the info about run out funds during any random thursday update?
they have shared some info. We know they have about a years worth of crypto left at current prices and that they sell fairly regularly rather then in big less frequent moves.
Also I am not that worried if they run out of crypto. There is still the venture capital vein to tap. They just don’t want to do this earlier then necessary because the move dev is completed by that time the better position they will have at the bargaining table.
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when have they shared? i dont recall any update with this kind of information, how much left you say? a years?
yes I believe the said 1 year worth. this was a while ago now though. Maybe 6 months now?
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ye maybe, but would be nice if someone did actual say something rather than us waiting like sheeps and beeing surprised one day during the update that the funds have run out and 80% of the staff is leaving.
as I mentioned above I would not worry if the crypto runs out. That is just the easiest most available source of funding. When Fleming is out and they have a working product to showcase it will not be hard to find venture capital.
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is fleming enought though? is it a working product?
I’d say so. Its finally going to be truly decentralized with Fleming so its not just like yaaaa this works on the test net we control. With Fleming the network will be able to grow far beyond test network scales. To me Fleming is the big proof of concept MVP release and subsequent releases are just polish.
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Greedy sheep invest more than they can afford to lose. More intelligent animals just follow interesting technology, and maybe even end up making a bit of money as a result. Sheep are good eating, though.
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I am in a way looking forward to when they run out of crypto. What will the market be like when a major consistent seller is out of chips to throw? I think price will almost for sure go up as this is the level where we can absorb that pressure… so without it a stable floor will be higher. It’s not gonna go down to zero cause they are “out of funding.” They will just use other sources then selling me MAID @anon94252342
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My understanding is that their crypto was mostly bitcoin - they sold MAID in exchange for bitcoin - so I don’t think there will be much impact on the market.
There was some MAID left over from the crowd sale due to an error, but this I think is held by the Foundation. Some may be ‘loaned’ to the company and then sold, but again I don’t think this is significant overall.
I’m not certain, but that’s my understanding.
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Sounds like you might have more info then me. I thought it was about 50/50 MAID and BTC… but I think I might have just decided this in my own mind without actually getting the info from a reliable source 