Gut
(gut gut gut gut)
Because there are way more ounces of gold than there are BTC. Although /BTC and /oz reach price parity, there is still a huge (really huge!) difference in market cap of both markets.
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Oh okay. I learn new stuff erryday.
Still itās pretty obvious that MAIDās not going down to those lows again. Itās farther along in time, more feats accomplished, the ultimate goal closer to the horizon. If anything gold + btc market caps being way different further solidifies this; MAID will just follow, if not soon then later. Maybe itās just my perception of time that has finally collapsed.
As far as I can tell when MAID hit 20/21K and BTC was 900-1000, this was due to pumping
In other words the extra high price in $$$ (approx 20 cents) was smoke and mirrors. It went from around 7-8 cents to approx 20 cents in a few weeks and mainly due to pumps. That did not reflect the announcements but maybe 2 or three times that.
Today it is 17.6 cents which is drop of 12% in $$$ and a drop of just under 25% in BTC terms.
If you look at MAID price in only BTC terms then 10K is just under 1/2 the high BTC value. But if as we expect BTC to be like 1300-1400 at that time then its only a drop of just over 30% in $$$ Which is much less a drop then the massive rise form approx 8 cents to 20 cents. Its still a rise of 8 cents to 14 cents and yet the BTC price is the same.
To me that is not depressing but encouraging that if it does not go below 8K BTC that MAID has not only stood its ground but gain in light of pump/dumpers and market manipulation.
Perhaps the biggest gains will be the number of people holding is rising and the amounts they hold are rising due to the apparent price drops from (overpriced) ATH and them buying while its ācheapā
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I Moved some recent posts that were all about BTC and not about MAID. The new topic can be found here and discussions of that nature can continue there 
https://forum.autonomi.community/t/discussions-of-bitcoin-its-future-and-other-things/12609
I only moved them because the discussions here were becoming mostly about BTC and its future and not how it impacts on MAID price.
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I have submitted a request to Polo asking to have MAID added to the USDT market.
The more the merrier if you have 20 seconds to spare, please submit one too, muchas gracias 
Edit: not only to have access to the market but a decent USD chart that comes with it will be cool.
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Any ideas on price movement coming days ?
A lot of downward pressure still. As @Jabba said it could even go lower than 10K. 10K is still a lot better than a couple of months ago in $$$ terms. And way better than 12 months ago.
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think it has to be going down quite a bit so some good buying options coming up
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As always Iām to late , I should have listened to the hints. I have a small portion to trade with but never did it. This time this had been pretty well if I sold and bought backā¦
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BTC trades at nearly $1.2k.
That means, if MAID hits 10k Satoshi, it would still stand at healthy 11-12 cents.
I think it could easily go lower both in BTC and USD terms. What is crucial in my opinion, is what the updates bring up. The vaults hype pushed high, but now, that we still donāt have them, the disappointment drags back.
If we have a successful test 12c, then Iām sure weāre gonna go through the roof. If not, brace yourselves.
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The price seems to be largely dictated by the speculator market moving between various other options.
Once you buy BTC you quickly realise the charges for changing it in and out of fiat are too high, so it is preferable to hedge in and out of Alts instead of $s as BTC swings up and down. I expect that plays a part.
But there are also a lot of us who would not sell āallā of our Alt coins regardless of the BTC movements, so eventually the excessive swings relative to BTC movements go the other way and Alts get dragged up by the BTC gains, as hodlers continue to hold some of their Alts through to the other side of the boom or they get re bought when it stabilises.
Everything will depend on BTC for those who sold some and are hoping for a bigger drop before they rebuy. If the ETF passes then 10k sats could easily be over 30c within a few weeks. Not that the ETF seems likely. Iād be pretty happy to see us at 20-30c a coin and even happier to buy more MAIDS at sub 10k prices, so a serious BTC boom is fine by me. Liquidity is king at the end of the day. As long as you save a few btc you can always take advantage of these cycles. You donāt need to catch the falling knife perfectly, as long as you can feel good about getting more MAIDS stashed away the dips donāt feel so bad.
On the other hand, 12c and alpha etc will be big booms in themselves and proportionally probably bigger than the BTC one 
So you have to make sure you are still fairly exposed to that if it comes unexpectedly. A fine and gradual balancing act. Much easier to just hold and ignore it all until safecoin, or punt very small %s that you donāt mind banking when youāre wrong, you canāt cheat an honest trader 
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Personally, I would think it brave to jump ship to Bitcoin right now. There is a lot happening in maidsafe at the moment and there has already been a substantial blow off on maidsafecoin. Each to their own though!
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Agreed. And Iād also add that itās likely the BTC will correct down.
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Need to have some perspective though. A blow on what? The smoke and mirrors pump or the real value?
My view is that the real value is more measured*** in the lows where the manipulators have removed their pump/dump investments and MAID is standing on its own. (*** not entirely measured this way obviously)
In BTC terms
- around 14+ months ago the lows were somewhere in the 5-6K
- approx 12 months later (around two months ago) the lows were 8-9K
- weeks ago the lows were around 12K - but this was not a low low but the start of a rise due to activity
- then pumps + holders buying more took it to 20+K
- now we are seeing the pumpers taking their BTC back as the price of BTC rises.
If 14K becomes the new low then MAID has massively risen. Not a blow at all
Even if the new low goes down to 10K, then it is still a massive rise, not a blow.
It can hit 9K without it being a blow at all.
Then to top it off this new low will be on top of a large rise in BTC price which equates to a massive rise in the $$$ price of MAID
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Yes yes. +1
Compound gains FTW!
Personally I would not be buying MAID today, but wait for the current downward part of the cycle to bottom out. I might not get MAID at the cheapest in this part of the cycle, but close.
@Jabba youāve mentioned that it might even get as low as 10K BTC, what do you think now? I am no trader but its not hard to see the up/down cycles that MAID goes through.
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Thatās basically what Iām waiting for. I punted 10%, if it doesnāt retrace to 10k then Iāll just bank those BTC and try the next 10% in the next bubble (each time hoping to buy back more, but not chasing when I miss my targets). It might not dump for 3 months when BTC suddenly has a boom for whatever reason, or maidsafe have a setback, or it may only see upside in BTC and fiat value from here. It doesnāt really matter, time is my ally if Iām liquid and happy with up or down.
Not a very sophisticated strategy really, but itās a simple, safe way to do things. I only punt the small % when Iām ok banking it at that price, and Iād imagine the % size will get smaller as time goes on. Hopefully Iāll be right more often than wrong and end up with more MAIDs and more BTC when all is said and done. I could easily be wrong on this one though. Iāve only gone that far in my target because BTC has proper breakout potential. I can buy back my 10% at a profit now ofc, but with even 30% chance of an ETF Iād like to stay exposed to that upside too. No rush, 10k sats would be sweet win, Iād be happy to swallow it falling even lower as long as I end up with more MAIDs from the downtrend, so Iāll stay patient and greedy and ignore the small win I could take now.
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I still donāt understand these recent posts at all, personally (of course). Iāve been holding even at 21000 sat (as stupid as even I think that sounds, because this is like the millionth time MAID has followed that pattern, and I shouldāve sold). Because, Iāve had this feeling that MAID wonāt allow itself to go Super Low any longerāwhereas I did have that āsinkingā feeling all the other times this pattern commenced. Maybe itās hard to believe that from words, but the feeling has held that strongly ever since it started rising fromā¦ well, around 15,000sat actually! I see MAIDās lifespan right now purely as similar to the Ultimate Start of Bitcoinās lifespan-- BTCās history of going from $0.008 to $0.08, and never going below again (and in fact going way higher). Also, the higher BTC goes, the more the market cap becomes believable for MAID to one day go that high, hence the same lows for MAID wonāt be reached. Regardless/Simultaneous of that even: MAID<->BTC is much less important now than to-and-from Fiat, ever since BTC has been fluctuating hard in recent months.
edit: and if you really just want to buy lower, or want other people to have the opportunity to, I wish that was still possible. But it might be too late. Iāve warned people for so long, but not a single person I personally know has invested over the two years Iāve been raving. Sure tells a lot about my persuasiveness doesnāt it.
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I think it is a matter of perspectiveā¦
I donāt hold BTC so the sat price is of no consequence to me.
I work for dollars, I bought my MAID with dollars (indirectly but thatās beside the point), I gauge itās performance in terms of dollars.
I kind of see where people who hold BTC see it differently.
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