I don’t think withdrawals are working and I don’t understand why volume is up so high?
Polo’s 24-hr MAID volume has dropped, so proportionally Yunabao’s market share has risen. But yeah, it still is strange … Hope they fix the withdrawal issue soon.
It varies a lot on its own. Sometimes as low as 300 BTC in 24 Hrs and highs in the many 1000s BTC.
Last night I checked the Polo addresses and they had dropped some 7 million MAID. The cold storage address had not changed but the hot was almost empty. I guess from that 7 million withdrawals since I last checked a week or so ago.
Let’s hope that 11k sats will be our new support
Maid safe is surging inspite of yuanbao crippling the price. I said it before and I’ll say it again - ants our time has come!
that’s a brave call ! but I like your optimism (:
and to not go off-topic
TO THE MOON xD
ps: too bad i earn too little money Oo … maidsafe would need to delay for many years for me to get into maid as big as i’d like to xD
When SAFE Coin goes live it’ll be the beginning of the money changers being kicked out of the temple. No, I’m not a religious fanatic.
Because if you were, you might think Safecoin is the money changer.
Am i the only one that is afraid that everything is moving so fast , that if Maidsafe dont hurry up a little that there might be way more variables of a look a like system ?
You see more and more about decentralized internet.
You see more and more ‘we are making a good internet!’ Because the fear and thus demand is growing like never before.
The “problem” that Maidsafe has is that they want to make it work for everybody and it has to be good from day 1. Not for 1 or 5 years but as long as we need it while also being sure from day 1 that your Safecoins or data don’t end up at the wrong address.
Have you studied any of the other projects that want to build the same as Maidsafe does? If so, which ones are you referring to?
I dont know them by heart, i will link them later today. Just the fact that if your first one you have so much more attention, take bitcoin for example it isnt the best coin out there, but cause it was the first it has so much bigger community.
There’s a good comparison of MaidSafe vs. some of their “competitors” here: https://safenetwork.wiki/en/FAQ#Comparison_to_other_technologies
I think you are generally bit too afraid to be an investor. I saw you repeatedly raising concerns - which is absolutely fine, but at some point you need to decide what is acceptable to you and what not and then draw consequences. The project was supposed to be released two years(!) ago and we all know that this didn´t work out. The team needs more time to create the software and they are unwilling to give clear deadlines. If that is unacceptable to you, you should sell off and follow other projects. There are a lot of promising alternatives really. Those who stay have somewhat learned to deal with how MaidSafe handles stuff.
However, to give you a reason to stay: every new project released to the market will face comparable downtimes and difficulties as MaidSafe did and does. They will also make it look like they are close to release candidate/final version and only occasionally stick to it. And even if they make it through, there can be lot of other complications. Just look at what currently happens to Ethereum, one of the most promising projects around imho. Also, Ethereum faced funding issues (although in some sense much less grave than MaidSafe does). Things are moving fast but in different directions. Plus, every project has some USPs, which should make it easier to you to decide which one you favour (see @dlux post).
I have no idea how long you follow cryptoprojects. I have followed different projects since 2013 and in that short period I learned a lot about development cycles. The most important lessons I learned was a) that patience is a high value in this sector even if everything around seems to rush and b) expectations should always be lowered or at least bound to the ground. It´s easy to have higher expectations because these times are in fact exciting and promisin and every day there is more potential to be seen. However, it´s better not to get lost in those expectations and consider it as what it actually is: an experimental and interesting technology.
I think LBRY is very similar although they’re blockchain based sooo, to me I think no matter how you tweak it it’s ultimately not as scalable as safe. Also I’m not sure how prone to different attack vectors LBRY will be, from the time I’ve spent reading about safe I have not seen or heard of anything as robust against attack. IPFS seems pretty sweet but again safe is very different in many ways one being having a crypto currency, even more unique is that is not blockchain based.
Thanks for your reply, Im in crypto since 2011 so i know a lot about the market, thats what concerns me also, we indeed see almost in all projects a delay. Ethereum did now last one Lisk did (I’m btw dutch ambassador for Lisk so im focused not only on one project, diverse investment) Maid I like a lot and im heavly invested same as i do with Factom. But what concerns me is that now there is a lot going on in decentralized internet, from Freenet to Urbit. So there is a lot competition compared to other markets and if you wait to long you can miss your shot to gain the Hype that for example Bitcoin did and with decentralized internet the biggest gain is usage.
I didn´t meant to say that your concerns are void. I think progress with MaidSafe has always been critical. What I am saying is that you shouldn´t overestimate competition because this is a highly experimental sector where basically everything is possible. You can´t compare it to establish markets where competition is a mere question of ressources. Also, what I intended to say is that you need to pick sides. If you are not ok with repeated delays you should sell off, because that´s what we have to expect here.
Im not selling off, specialy not at 7 cent each, i can see a big increase in value even if they dont become the Leader in decentralized internet. A market cap of 33 million is nothing for cloud storage alone already.
If we eliminate personal monetary gains from the equation then all the decentralized internet designs are going to produce healthy competition that will benefit all the projects. Good ideas will get shared around due to the open source nature of the projects. This is the common good for us all in the long term
From an investors perspective - hedge! Invest in some proportion in all the decentralized projects that you see merit in. This way you will have a ticket on every train. It will cease being an all-or-nothing. The risks will be diversified and there will not be a fear of missing out.
This is my perspective on things.
Brother MAID SAFE is light years ahead of every project that is put there. MAIDSAFE is going to blow everything out of the water. No concerns there whatsoever.
My only fear is what happens if they don’t finish before the power elites crash everything.