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

Fair and imo, accurate, assessment of average investors’ perspective of the project. A wrong perspective from point of view of most people on this forum but probably the prevailing view nonetheless. This will change though. “When” is the guessing game.

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100% agree, I’m here and believe obviously but I feel like that is the “rest of the world” battle.

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While I think having a wide spectrum of usable and killer apps is the best scenario to draw in massive interest, the MVE alone is impressive for publishing, storing, and managing data in a cheap, private, and secure manner. Besides that I think it could take just one awesome website or maybe plugins that Maidsafe provide like a network wide shopping cart.

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That might be true, I suspect that it may take more than that to raise this from the past but I may be wrong. In any event we don’t have MVE so I guess I’m just on the train in which accessibility comes first followed by MVE. I’m watching all these people on Facebook and reddit and message boards and such and 90% barely know how to buy bitcoin. I feel this may take more education and if we have to battle people from the past saying this was a dead project…just the sooner the better I guess. I’ve been plenty wrong before, I like to balance reality with excitement.

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Truths but it can also be how we frame it because the tech may be complex but the problems it solves are big/stupid/simple. Easily publish cheaply, permanently, from mobile even without having hosting fees, worrying about security, and you get paid when people visit your site!? No worrying about securely storing users passwords if you have an app. It’s so good, so easy, and such low barriers all around.

I don’t know how you could have a sweeter pot to start with honestly. At that point other crypto projects that are just new Goliath’s that rely on each other for a fraction of those offerings just look like big dummies scratching their arses. More fat cats bursting at the seems. Idealists and the libertarian types that made bitcoin popular would flock to SAFE imo.

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I have personally prepared mentally for another 10 years of battle to promote SAFE. My experience shows that people have working solutions to everything that the SAFE Network offers.

Yes these solutions are far weaker than what SAFE offers, but they are a habit. Habits are extremely difficult to change.

One of the things that can change a habit is money. There are people who stop smoking or lose weight for money…

If we have access to a markets and people speculate on the price of Safecoin to inflate it to the skies, this may be enough to change the habits of enough people.

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It all sounds great but one step at a time

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I’m in agreement with you on most of that as well. However, product needs to be here, clean and work as simple as simple can be. Then as @Dimitar mentioned above, habit breaking is a real thing. I use google docs and other programs to handle all of my real estate and intermediary functions. Can I instantly switch to safe for that? I think we can get some price explosion but time for good apps and solutions that are already easy on clear net/mobile need to be made. With all that said…98% of these projects are pure trash and will hopefully dissolve by the wayside.

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I get it. Might be a long shot but consider this. These companies are increasingly open and actively partnering with projects in this space and you may have caught in some of the CRDT talks in the updates that by using CRDT and more specifically the tree-CRDT solves the problems that google docs and Apple have with conflicts in merging updates to a doc/file. There is a possibility that they could use SAFE easily as a backend service to solve this problem. Granted and maybe unfortunately that is probably without a partnership because SAFE is free for anyone to use. Maybe they provide storage to the network since they have a stake in it at that point.

A lot of ‘ifs’ I know but these aren’t that far fetched. When a problem is solved and there is a low barrier with basically no down side, why wouldn’t they take it?

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Points well taken and i hope it goes smoothly and everyone is safer, more private and more wealthy Bc of it.

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If you use a third party to access SAFE, you are not using SAFE… We need people to use the network directly. This will take time, but if combined with making money it will take less time :wink:

The latter being preferred but it’s still being used by proxy. Just not getting all the benefits. So I agree that should be the focus. My point was that it’s attractive even to the big players.

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Depends.

As long as anyone asking for a road map or timeframes has to make do with “this is a research project”, most of the people we succeed bringing in will get out. Plus, you know, we’re at the stage where we literally buy MaidSafe coin for the second time each. As soon as anyone new finds this out, alarm clock goes on full steam mode in their heads, and they dash.

I’m at the point where I still keep buying MaidSafe coin, but I can no longer recommend investing in this project to anyone I know personally because I consider this stage highly risky and I have no idea where we’re at.

It’s hard to suggest that this stage is anymore risky than previous times of the past 3-5 years. I agree it’s hard to recommend because quite honestly every project or venture that is out there has some level of expressed timeline. The only way you can look at MAID at this point is like when you go into an art gallery and there is a painting that looks like 2 kids rolled on the canvas in 4 colors and the price is $50,000. You either have to accept it as art and believe it’s value or not buy it. However the level of frustration remains.

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Seems more risky now than in 2018 for example because we know the runway is limited, and the network is already being developed on borrowed maid with its value at what I would describe as new-time-low, with few exchanges to buy/sell. That’s why it feels irresponsible to bring new people in atm.

The artwork analogy is somewhat spot on, except the SAFE Network is not a finished article with a dubious value. It’s an unfinished article with no value unless it gets finished, a state which is yet to be proven as achievable.

It’s a curious state of affairs now. I enjoy it in a twisted/wicked manner, but for the very first time, I’m hesitant towards recommending this to anyone.

EDIT: If we go back in time to 2018 and check out the results for the “when do you expect beta to be released” polls, unless my memory lets me down on this, I think the majority voted for late 2019. That’s how overly optimistic we were as a community, and I keep myself from thinking the nearest future should be any different.

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Given the fact that a banker has met a David and given the fact that this banker is sitting on a big MAID bag, I would speculate that the team has enough fiat to complete the network :wink:

So the risk is small :dragon:

Whoa, well, I remember David back in 2018 thinking the development was well funded all the way to the actual release. So many things need to come together it feels very non-linear and unpredictable. Thus we don’t know how much dough it takes to complete the network.

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That doesn’t necessarily make the risk small. Everyone has a point where they cut their losses.

That said, I’ve thought for a while that maidsafe are selling MAID via OTC rather than through exchanges. Why bother with the middle men if their are direct deals to be done?

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In my opinion, the team seems quite confident that they will finish things with the current money. I personally save to give more in an interest-free loan if necessary. :dragon:

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I don’t know if it is the right place for my questions but have you guys heard of Nesara Gesara?