I still don’t understand why they can’t just be auctioned off to the community off market if they have to be sold
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I think that is a good way, but they are weighing up all their options and checking applicable laws around such options as an “auction”. Its not like they are just picking an easy way and blindly doing that. When they finally decide a way then I am sure they will inform us.
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Another option would be to set up a bot that sells 10 MAID every minute at market price (or whatever it comes out to). In fact something like this “drip” approach would probably have to be done to avoid accusations of market timing / trading against investors. I imagine the market would also adapt over time, like tennis players playing on a court with a breeze.
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I just don’t want this turning into another bitshares scenario, it’d be such a shame as this project has the most potential out of all of them right now IMO. The funding needs to be done properly so that this talented team can continue their work and the community/biggest project enthusiasts don’t get hurt.
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Which is why they are examining all the options including all those that people have suggested and the “auction” option has been suggested with a plan.
At this time I don’t think they have finalised the method/plan and which option(s) they are definitely going with to sell the coins. The team may even choose a couple of options.
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Will you please sit back and return your trays back to their proper and upright positions.
Yuanbao now holds 11% of maid volume that means the price is now 11% less centric to poloniex pumps/dumps.
YUANBAO doesn’t even allow withdraws yet from what I’m told.
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Yuan bap now holds 23% of volume poloniex is down to 70% see this aint over till the fat lady sings
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Still I’m not very impressed by the Yuanbao effect on the Maid price. On the contrary… 
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… anyone know if Yuanbao allows margin trading ?
Seems some folk need to get a grip.
There is ZERO chance of the Maidsafe management team dumping onto either Polo or Yuanbao in any way tat would have other than minor very temporary effects on price for long term holders.
I have complete faith in what Team Troon are doing and their open and honest methods of operation and reporting.
The opportunity presented by listing on Yuanbao is excellent and I have no doubt that the benefits will become apparent to long term holders in the next few days and weeks.
If on the other hand you thought you’d come in and scoop a quick profit on the backs of others long term work over many years, I sincerely hope the words “Margin Call” are still echoing round your skull.
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What if the fat man takes a bath?
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Off-topic, but can you point me to what you mean by the “bitshares scenario”?
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Look at other cryptos’ prices when they entered Yuanbao. Steep drop, followed by period of sideways, giving way to gradual but significant rise (3000% in FCT’s case). Initial drops seem to be the norm for newly added coins.
And there is a simple explanation: hype before sale and dump on delivery.
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Well does anyone know if withdrawals have been enabled?
@southside lmao dude the 80s were and still are hard on all of us
All I know is I sold my synereo Stash for this event 2 realize later I didn’t do my own research well enough because the fucking job/life/time I have, trusted on forum talk to make an investment and even read the graphs wrong
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Well it’s not maidsafe fail that yuanbao screwed up withdrawals
No there’s nothing wrong I’m just leaving off some steam because I made a crazy decision, my own fault… The rise will come but it will take some weeks/months I guess and by that time it probably wasn’t worth selling a good project coins, exchanging it, putting the money on an exchange, risk of faults etc to later buy in back into the project for the same amount for double the money orso…
Is withdrawal still is not working?
Yuanbao volume up to 27.77% for the day …