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

This. Whenever the price nosedives, people suddenly get really testy and suspicious and even angry. We’ve been through all this before.

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It is not imo all been polite and pleasant.

Issues concerning Daniel Dabek, then there was Ben the maidsafe dev who quit or was let go and came back to vent, Jabba the passionate maidsafer quitting the forum, there was a former maidsafe engineer who came back criticising the project, then the guy who suggested a lot of ideas that were shut down and who then wanted to create his own safenetwork - don´t remember his username unfortunately and then recently starsmick. Perhaps quite a few other people but who can keep track.

Discussion around these people I have observed has been difficult for both sides. Not pointing any fingers of who´s right or wrong but just saying that it is not always rosy here which is totally fine such is life.

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You mean @foreverjoyful :wine_glass::partying_face:

I don’t know about the other guys you have mentioned, but this one was definitely not a victim of anyone’s attitude (but his own maybe). Nobody told him to bugger off. He just did. With a pomp. He said he he was gonna put up his own ad-funded decentralized network, he stormed away and never came back. Nobody had ever done him any harm as far as I know.

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Basically was hijacking the project to implement his version which was not comparable with the fundamentals. But we entertained him, but not the ideas that were incompatible with the fundamentals of the network.

In the end these sort show their true colours and it was profit before fundamentals.

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You’ve forgotten @nemgun from the NVO project :wink:

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Of course! Another controversial character.

I think what we need is an official Safenet forum Historian :slight_smile:

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Yes definitely dredging up some of the past here. Some disruptive, some a real loss. Well worth bringing up for the community to reflect and improve.

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I never have had much opinion on trump, I don’t watch the news, cant stand all the war stories and negative spin.
Why on earth did they feel they needed to act?
The housing market was a mess, but who did they think they were “helping / protecting” by bringing bitcoin prices down?
I think there is more to that story than meets the eye.

I don’t think that article has anything to do with Trump. It’s just using his name as click bait.

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Hey guys can we at least try to connect these random tangents to the topic of this thread: MAID price movement and trading strategies. Yes I know I am also guilty for going down some rabbit holes to. Anyways this is the one thread where we do have this kinda price speculating conversation. Lets leave the other topics to their own threads and keep this one focused.

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Your answer is in this minute and a half video on Twitter.
https://twitter.com/tayvano_/status/1187070270760030208

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Sounds like what we are all wondering is what will be the effect of the US not being crypto friendly on prices. I think in the long run we will be fine. Yes a temporary dip as people have to choose in a short time span to sell or HODL long term. That’s what I wanted to point out though… We might have lost some buyers but we are also losing some sellers. The sentiment here seems to be well fine I will just HODL until there is a market again at least. If MAID is getting removed from the market long term that will benefit the price.

No surprise here. I do remember CME’s leader saying “we will tame bitcoin” back in Nov 2017. All of which led me to the following conclusion way back in 2017:

It will also be interesting to see what (if any) impact the upcoming halving has on BTC price. Silver lining is that perhaps Safecoin will be what bitcoin attempted to but failed to be.

They were helping banks (whose business model bitcoin existentially threatens) and the already wealthy (whose relative wealth shrinks with every newly minted bitcoin millionaire or billionaire). The sad truth is that our perception of wealth and power as zero sum makes it so like a self-fulfilling prophecy.

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Just keep faith, that’s the right focus. Everything will crystalize. Maidsafe will deliver The SafeNetwork, because they have a great team and leadership.

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I think people have to remember we’re talking about magical internet money that is collectively worth 203 billion.

I think we’ll be just fine.

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As a long time holder of Bitcoin (since 2011) and MAID (since 2014), I find some of the speculation regarding Safecoin’s future value to be vastly exaggerated.

First of all Bitcoin has not “failed”. Secondly Safecoin is a utility coin with a specific purpose - that of powering the Safe Network.

I can see no rationale for assuming Safecoin could “replace” Bitcoin. Both coins have very different purposes - and value propositions.

To reach a value comparative to what Bitcoin has achieved so far, requires a huge amount of trust in the technology - trust that has been earned over many years.

When the Safe Network launches, trust will be something that has to be earned - and it will take time.

To make this personal, ask yourself this: If you had $1 million dollars you wanted converted into crypto and stored securely - would you choose Bitcoin or Safecoin when it launches?

I know my answer. I would trust Bitcoin due to reasons outlined. I may trust Safecoin down the track, but as a fledgling technology I would never trust a significant amount of funds in Safecoin until the Safe Network had proven itself as stable and secure.

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I agree.
I cant see why we couldn’t reach the same price levels as etherium though, but I’m not saying I expect it.

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Whoever said Safecoin would replace bitcoin at launch? No one. That doesn’t refute the fact that Safecoin could one day render bitcoin redundant. Bitcoin doesn’t scale well, has fees that are easily susceptible to the petty whims of miners, as well as lacks true anonymity and privacy. There’s a lot of room for something like Safecoin (and the Safe Network)—which is primed to serve as a Swiss Army knife—to out perform both bitcoin and its blockchain one day. Key term there—one day. In sum: 1) please do not attribute arguments to me that I did not make, and 2) Safecoin, as we all know, has potential far beyond mere compensation for Network resources.

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