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

Can we crowd fund half a million dollars?

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We shouldn’t even be thinking about “crowdfund”, if what you are thinking about artificially inflating the prices that would be pumping which is fraud.
The point I am trying to show is how ridiculous it is to claim that it can’t get to 10X, when it is technically in the reach of single mid-high income individuals to move the price 10X.
It is not even in the whale territory.

If the technology is valid, is this guy really serious saying that we won’t even get 50 guys buying at least 1 bitcoin worth of MAID? Or 100 guys 0.5 btc worth of MAID?
How is that scenario even realistic?

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On launch we will skip past $10.00 in a heart beat.

Before launch we are at the mercy of BTC, we could hit $1.00 OR we may see $0.04 again.

Though with the new test nets and Vaults from home if feels like a fire has been lit under my accumulation chair - it would not surprise me if we went past $1.00 before launch without the help of BTC.

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Who knows what the bitcoin community think, even they don’t know even know where they are standing. How many forks did they have? I just lost count.
It is irrelevant.

But if you want to talk about how knowing the max possible supply would affect the price, you should ask yourself why the bitcoin price jumped every time their inflation rate were halved, when we already knew all along that the total supply would be always the same?

In any case, the adoption as cash will be based on how practical, secure and stable it is.
I am convinced that Maidsafe’s Safecoin will be the only technology out there with the technical capability of becoming digital cash. Now, will the market adopt it as such? That’s a different topic with lots of variables, and will be harder to predict.

@Zoki Before launch, none of the prices are valid… essentially we are all crowdsourced angel investors without any metrics to valuate this project objectively (as a venture).

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Looks like it went down over a cent. FUD’ers here must’ve not liked getting owned.

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it was just my little joke. We don’t need to pump to pimp this project.

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Much cheapness :slight_smile:

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But I still bought in too early…

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ya honestly if you missed the initial rush you shoulda gone and played other cryptos then came back to MAID maybe about now. I think a lot of people make that mistake though. They see a good idea and just think like I need to buy that now. Well maybe actually its better for you to let them develop it a bit then enter. Well if anyone was that smart they should see we hitting major milestones now and be lining up those buy orders!

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Yup, am within striking distance of my target accumulation value. :metal: :metal:

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Crowdfund a crowdfund :smirk:

Maybe we should do an ad in the Brave bowser :sweat_smile: btw I got 10 :bat:'s to chip in

With whales on board, David will even be able to buy Wales… :crazy_face:

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https://www.tradingview.com/chart/MAIDUSDT/AuAsDNto-swing-buy-on-a-weekly-basis/!Screen Shot 2020-06-16 at 12.05.14 PM|516x500

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Sorry for being ignorant but I wish I understood how you can make meaningful predictions from these trends on the price graph. What arcane Rules of The Market are (allegedly) in play here? Why should the market do one thing or another because the lengths and gradients of certain lines are in some particular ratio?

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Great questions :slight_smile: I’ve not a clue about how accurate such charts are for trends. It’s voodoo to me lol. I saw it on trading view and thought I’d share. I’m thinking they are tying to find retracement patterns and use those and guide for buying. I buy what I can afford when i think we are at lows. Keeping an eye on the amazing project we are witness too. I don’t trade just accumulate at this point.

If there is anyone else here that could shed some light at how the fibonacci sequence is being used and what they are hopping to achieve please comment.

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The short answer is that they don’t.

According to financial study litterature/science it is not possible to make predictions about future price from price history, not even in weak markets.

That is probably why most fund managers over long time don’t beat index when comparing profit and risk.

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I think it’s more important to consider the value in an asset and not the price. 99% of traders in crypto, or even the stock market look only at the price to determine if something is worth buying. How often do you look at the ranked 100+ projects of coinmarketcap?

How long it takes the big fish to see the value, now we have the first iteration of vaults from home and hopefully more regular artefacts being delivered is anyones guess. But while we have cheap prices, it great for everyone here.

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32 posts were split to a new topic: Economics - science or pure chance

Friend, this is not an astrology. This is an exact science, with exact rules…

To be as clear as possible. The price depends only on whether people sell and whether people buy. Everything else is astrology…

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Care to wager?

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