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

Snuff out the competition perhaps? It’s not an implausible possibility.

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Right now the poloniex address has 60,637,406 MAID.

Will be interesting to see how that changes over the coming days.

Also there are a total of 16475 MAID addresses. Will be interesting to see how many addresses the polo address is withdrawn into.

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I had in mind that there were only 2.2% of ALL MAID in the order book for sale on Poloniex… And only 13,3% of ALL MAID in the exchange, and you know that many people use it as a bank account to keep their money…

And another 0,7% for sale on Bittrex… LOL

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I’m happy to help anyone trade for a small fee on polo. I’m Aussie so my account still works.

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Not sure on your tax laws, but be careful, in the uk my accountant told me trading for others would make me a trader ( incurring higher taxes ). Where as I can trade all day long for myself, and only pay capital gains.

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I hope Maidsafe does not get in trouble with these prices. No concerns about that?

Why worry about something that is not an issue for the moment, we could die tomorrow, do you let that worry you?

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Gee, I take a break from this trade for a day, and what do I come back to? :grin:

Seriously though, are people more behind the idea of switching to ERC-20? Seems like it.

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I cant even look at the price anymore :scream::cold_sweat:

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There’s a lot of chatter from negheads and those with vested interests… such is the nature of crypto trading that the pump and dumpers love and opportunity to stir anxiety and have people act in the ways they can profit from. Stay calm and don’t be exploited.

Poloniex have hit a new low and their customer service sucks too: reply below just received is a boilerplate of ignorance!

Quote

> Hi,
> 
> Happy to help explain!
> 
> We delist assets as part of our mission to provide customers with the most innovative projects that fuel the industry and to ensure the assets meet the high standards customers deserve.
> 
> We consider listing or delisting assets based on whether the asset has sufficient trading volume, whether it aligns with the core tenets of the crypto community, whether it is backed by robust technology, whether it creates real value for a meaningful number of customers, and whether it's backed by a strong, experienced team. In addition, we also consider other factors such as new guidance from regulators.
> 
> For additional information, please see our Poloniex Delisting Policy. If you have any other questions, please let us know and we will be happy to help.
> 
> Cody - Poloniex

other factors such as new guidance from regulators

I’ve queried if that was a factor but I’ve little hope of a clear answer, given the dull response from someone whose feedback is branded as Canadian Circle not Poloniex.

Again - it’s just more evidence of the need to move away from dependency on 3rd parties.

Innovation will suffer, if the great projects like MAID do not thrive. I expect this project will move forward well enough but having hurdles doesn’t make it easier.

Incidentally - off topic… I noted a while back that Coinbase does not like the idea of Brexit and might move out of the UK. So, watch that if you use them. UK seems to be intent on self harm :thinking:

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Given the UK (London) is one of the main financial capitals in the world, I doubt the UK government will be looking to harm that. Indeed, I suspect the talk of Tobin taxes and the like contributed pressure towards leaving.

IMO, the UK will move towards lowering tariffs and barriers to trade. After all, what is the point of unshackling yourself from a cartel if you’re not going capitalise on the advantages it can bring?

At least MAID is up 50% against omni! :sweat_smile:

Strangely, there was an announcement about omni investment the other day though. IIRC, it was Tether. Found the link:

Then days later, polo dumps Omni and MAID. It seems too coincidental to be unrelated. I’m not sure what the play is though… how does Tron fit into this picture I wonder?

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It just occurred to me that the most likely reason the price tanked is that Poloniex is selling off all the unclaimed maid from the former US clients and converting it to USDT so that it can be returned to the rightful owners next month.

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Good post this.

Honestly, feeling sorry for the folks who are immediately struck by the price dump, I don’t care that much as long as the dev team keeps marching towards the goal.

As for Polo, speaking from the selfish perspective, I don’t care at all. I left them a while ago. The way they handled the KYC disaster caved me in. I still regret subduing to the policy because I betrayed my beliefs on this. But hell, I wanted my maid back. Then they lost me completely when they began charging 80 maid for withdrawals. Reading they were getting out of the Circle stranglehold flashed a bit of hope, but going with Justin is just more meh for me.

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That would be pretty sickening. Crashing the market using misappropriated tokens in order to profit. They wouldn’t massively care what the price was - it would be free money anyway, especially as they need rid of them to re-enter the US market.

Factom (FCT) has actually gone up in price.

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Looks like factom have a few other exchanges with decent liquidity. Maybe that is helping them shrug off the change?

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Regarding Tether and Tron… Just looking at the article above.

More interestingly, Omni Core 0.7.0 enables the building of an on-chain decentralized exchange. The new version of the Omni protocol allows users to trade any on-chain asset for Bitcoin.

As Cointelegraph reported, in March Tether launched USDT tokens on the Tron blockchain. As of late October, nearly 12% of all the stablecoin’s supply was moved on the new chain. More recently, in July, Tether also announced the launch of the USDT stablecoin on its fifth blockchain, Algorand.

A sweetheart deal so that Tether continues to move to Tron (and poloniex) instead of going more distributed on omni?

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I’m actually selling my tron to buy cheap maid. So… thanks Justin.

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I just received a message from HitBTC that I cannot use their service since I reside in the US. lol