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

Well you never know but Its still a good buy at 0.00001325 /$0.10.
Depending on how long you want to hodl, I’d say its still a good buy at twice that price.
But I have spent all my BTC :frowning:

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Just waiting/hoping for an exchange to start offering Maidsafecoin to the US market again.

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Supposedly we will be able do it on omnidex soon…

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it was a pump and dump can we officialy say, dropping back to 1k sats it seems

Omnidex is not for usa.

1 big buy is not a P n D.

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would the buyer dont want to push the price up or keep it higher? who would like to buy for 100k or even more and loose money ,in theory ofc,. I think it doesnt make sense for this person to let the price drop to the point it was before the pump.

You seem to still be on the 123 of how do markets work :baby_bottle:

:roll_eyes:

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why is that , you know more than me?

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Your ignorance is not relative to me.

Still, you’ve revealed your hand… so negative; so base. Dragging the negative, is a dull tactic to exploit markets.

We can fairly dismiss your posts as trolling… zero impact.

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You cant keep the price up unless you have unlimited money.
Ppl bought pushing price up.
Ppl saw a price they were willing to sell at so sold.
No conspiracy at play imho.

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Seriously? This crap is pissing me off.

There’s literally no option in the U.S., then, other than trying to find someone to do a peer-2-peer trade.

PnD or no PnD I am sure they did well.

Coming late to the party I was still able to double the holding I still had left on Bittrex by selling fairly close to the peak and buying back in on the way down. I crapped out at 2000 sats and bought back, Had I held on for it to go lower then I’d have done better.

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I saw something saying they were not open to members of the states.
I’m not sure how they would know though, especially if you were behind a vpn with an exit in an allowed country.

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How would they do well if their buying pushed the price up and other ppl brought it back down?

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OK this is just a hypothesis, there are others on here who are far more skilled and knowledgeable traders than myself so corrections will be welcomed.

What might have happened
Somebody was sitting on a big bag of MAID. That somebody had access to a reasonable amount of BTC.

They started buying at 850 sats and did not stop until around 2000. Others took note of the spike and jumped in and started buying. The original buyers sits on his hands for a while and then starts selling again at 3000-3300.
So he makes very good money on what he bought at the bottom and still does nicely thank you on the MAID he bought around 2000. I have no idea of the size of his bag but he had enough BTC to induce a spike, got it all back plus no doubt he shifted some or all of his original bag on the way back down.
Then a couple of hours later he does much the same again. Punters seeing MAID spiking a second time are determined not to miss out and so the FOMO driven second peak was higher

I suspect the original buyer bought very little above 2000 the first time or 2500 on the second wave.

Me? I sold a little at ~1600, saw it wasnt stopping, bought back in at ~1800 as my strategy is to own as much MAID as possible. I then sold off in small amounts up to 3000 and sold the rest around 2800 as the price came down. Then bought back in around 2200. An hour or so later rinse and repeat except I managed to sell just after the peak at 3700. and bought in again in small amounts as it came down. Finally bought back in with all my BTC at around 2000.
I now have approx doubled my “gambling” MAID and it is now worth ~1200 as opposed to 850. If it does sink back to 850, I will still have done well.
My strategy is to own as much MAID as possible and hold. I’m a fun gambler not a trader. I learnt to my cost a few years back that I was no trader.

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Possible but I doubt that happened.
Who does not buy at a low price, wait for a price rise and then buys in? Only an idiot ( in my opinion ).
My guess would be someone in a hurry to accumulate, so did not get the most bang for their buck but now has a nice bag.
I just tried to look to analyse what happened but I cant see that far back in the transaction history.

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Well me… I sold at around 1600, realised my mistake and bought in again at 1800ish

Does this help?

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people always assume if you have lots of BTC to play with you must be like some master trader. I have not yet heard the hypothesis that this guy just sucks at trading and lost a bunch of money here. seems like the most simple solution to consider before we go off trying to figure out what his devious master plan is :stuck_out_tongue:

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