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

Yeah, since the marketing team was scaled back, we’ve not had anyone on that.

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Really? You never read back to the countless discussions?

Devoting resources to ERC20 signals to the world that your network is so far away that you would rather spend your effort on a trading token that will be useless to the netwotk.

I guess it is about short term trading gains versus actual progress on the actual goal.

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I’ll be a monkeys uncle if that AI price prediction site wasn’t right. Almost .16c what’s that site again @Dimitar?

:rosie:

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They have HitBTC exchange volume as 100% trusted, so MAID volume is green like almost no other cryptocurrency.

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I’m dedicated to make it a reality, creating the ERC20 token is very simple but to issue and distribute the tokens with a swap is the more difficult part. Don’t worry MAID.erc20 will come soon enough, hopefully it will also clear the way for potential SNT.erc20 token that can make accessing Safe Network Tokens in the future a lot easier through DEX’s (farmers can more easily sell and users can buy).

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1-Day Chart for MAIDBTC, falling wedge pattern with the theoretical measured targets of 1322 and 1413 satoshis using the closing prices on the daily trend.

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Am not a chartist…

image

I wonder if we are going to take out EUR 0.21 soon. :slight_smile: Looks like it.

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Maybe :slightly_smiling_face: but realistically, no major movement in price until significant developments in the project.

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Who’s that kicking ass in the storage department? :slightly_smiling_face:

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I am just surprised it’s taking this long to get an ERC-20 token going. I mean the conversation basically started when polo dropped MAID. That was before there was even any uniswap, so the usefulness of this for trading was maybe not there yet. Still it’s not like you have to get the dev team behinde you to make one. Its open for anyone to just do, weather they like it or not. You are the only one I know of that instead of just arguing on the forums if this would be good/bad/ugly said screw it I am just gonna make one and see how it goes. Wishing you godspeed on these efforts!

How can we support you in this? I can at least assure you that I intend to convert a large percentage, if not all, of my MAID into ERC-20 tokens and get back to really trading on uniswap instead of just passively bagholding.

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It would be beautiful to see this ascending parallel channel hold up.

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maid is doing a pretty good job of tracking with btc at the mo, if it did this all the way up to a btc price of 80k then maid would be at .64 cents

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Lol 80k? It’s not going to fall upon hitting 20k (or go up a bit further from a panic spike before falling)? Not that I would mind. Just going on the previous comment mentioning 20k being a mental hurdle, but may not matter. Actually no idea what’s causing the rise.

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Are you saying you don’t believe btc 80k will be reached?

Something has gone very wrong if MAID (or SN) is only worth $0.64 (i.e. 50% of ATH & market cap of only $290M) when BTC is worth $80K (i.e. 500% of ATH & market cap of ~ $1.5T). If BTC is trading at $80K, I’d like to expect MAID to be trading at >= $150 (market cap of ~$75B, ~5% of BTC’s market cap).

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I’m missing your math here…at 80k btc should be in theory be around $5/maid or 2.5 billion MC?

The math, broken down:

  • $80K * ~18.5M BTC = ~$1.5T (1,4800,000,000,000 to be exact)
  • $1.5T * 5% = $74 B (I called this $75 B that’s a nice round number…, but let’s stick with $74B…)
  • $74 B/ 452 M MAID = $163.71 per MAID
  • With some wiggle room that’s a price >=$150 per MAID with a market cap of (to be more precise) $67.8B.

Unless you mean price of MAID in sats (i.e. MAID priced at 80K sats), which is an entirely different conversation

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Nope I got ya, I didn’t realize you were simply targeting 5% of bitcoin MC. I happen to be on the boat that thinks we reach 300k btc before the run is over. Should be an interesting 18 months to be right or look very stupid in my forcast haha.

If BTC gets to $300K and MAID manages to achieve 5% of BTC’s MC at that time, that Alex dude would be right about MAID reaching ~$600. What a world that would be.

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