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

These things were at 2c not that long ago, at the current price 36c that’s an 1700% increase.
I guess perspectives are built on when you bought in. I’m not complaining.
(Correct me if my math is wrong :stuck_out_tongue_winking_eye:)

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From one year ago - price was 6-7c and Btc at $400-500…

Why would you ever say “will be”???
There is no way you could know for sure.
“I find myself wondering why maidsafecoin is being overlooked”
Uncertainty, that’s why, I think. And maybe justly so. Maybe we will never pull it out. The project is very, very complex. Maybe the team just bit more than they can ever chew. Another possible reason is that we have witnessed long delays already and sometimes, it feels to me, that there is no end to them. A third reason, I can think of, is funding. MaidSafe never acquired the funds other projects did, hence the Bank to the Future fundraising.
How long before the next cash shortages?
Another possible reason - the comparatively low price right now. Other alts have left MaidSafe in the dust. I wouldn’t be surprised if Maid drops out of top twenty thus overstepping a psychological barrier and further accelerating a downfall. Markets are irrational. People tend to put their money on what goes up, making it go even higher and unfortunately MaidSafe has not joined the party yet.
Having said all that, I would like to add, please don’t see me as negative. I am a supporter of the project, I own MaidSafe coins and I want, for obvious reasons, the project to succeed.
I guess, my whole point is, we ought to be sober, keep our feet on the ground and don’t put all eggs in one basket.
MaidSafe might fail. This is not negativism but a possibility.

338.07% bitcoinwise.
1620.1% in USD.

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Btc and Maid both went up roughly 400% in $ terms from one year ago.

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Sure, but this has always been the case. The only difference is that now we are closer than ever to something that works.

Before alpha 1, there was lots more uncertainty, yet maidsafecoin was in the top 10.

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**** me. If Maid fails with what I have invested so far I ll be damned.
i have seen Ethereum at 40cts. I have seen darkcoin, now dash at 1$. I have even seen with my own eyes bitcoin just below the dollar. I have profited from none, because I have taken none of them seriously.
I can tell you I take Maid seriously. Institutional serious level of seriousness. I have been talking to friends and even a few investors about it (without jeopardizing my career).

My experience of watching them all flying to the moon is that all it takes is a dream and credibility.
We have the dream, we just need credibility now. Let’s bring beta, and safe network, and this 36cts, will turn in a hundred dollar. I swear.

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I am tracking the prices in real time in my spreadsheet that queries the last prices at poloniex every minute.

If I simply held bitcoins, I would have gained only 291.63% in USD.
But having exchanged my BTC to MAID at the ICO, I had an increase of 340.36% in BTC, which means that in USD I had a gain of 1624.58%

In a normal world this would be eye popping.
In the cryptoworld these are small potatoes.

But personally I really like the stability of the MAID prices, it is a very good indicator that there are strong hands trusting the value proposition of the project, and that they are also seeing that the project has real value.

The ones that are pumped and dumped are crap coins, that behavior hasn’t been there in these last three years, and that is very encouraging, it is one of the few that behaves as a mature market.

Btw, at poloniex the MAID lending is still dreadful (which is a good thing!) with interest rates at the Rock bottom of 0.00001% nobody is betting against MAID.

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Yes, Piluso, I’m sure that’s correct. But, again, I am using the time frame of the last 12 months.

Here a Youtube video about MaidSafe (Should You Invest in Maidsafe?) that has just been posted: Should You Invest in Maidsafe? - YouTube

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Not bad in my opinion but he gives the impression that MAID has been around for 10 years.

its been around for more than 10 years

Okay, 11 years. That really changed the argument, you win the internet.

The project has… not the coin. (MAID)
At the end when he discusses the chart, is what I’m referring to.
(Perhaps it’s only my impression)

Although I’d love to see that, $100 is quite a jump.

Just look at ethereum :slight_smile: Don’t get me wrong, it’s fantastic technology. I just haven’t seen anyone come up with a cool idea for a usecase for it.

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Uhh, seriously?
ENS in combination with Swarm isn’t a good use case? A Raiden payment channel feeding a smart meter in real time? Unstoppable prediction markets? Just to name a few

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Indeed - there are loads of interesting Ethereum use cases (dapps.ethercasts.com).

However, none of them are likely to have the relatively mainstream appeal the Safe network could have, and many could run better on a fully functioning Safe network.

Maid would need to reach multiple times Ethereum’s current market cap to equal $100 per coin, and the exact amount would depend on the amount of dilution that takes place in a live network.

Not impossible in a 2-5 year time frame, but certainly a long way from guaranteed :slight_smile:

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With only15 transaction per second, and difficult scalability, Ethereum as many things ahead to prove.

We will see what happens with Casper and the Sharding but, for the moment, Ethereum works because the applications are in development. If not, the system would be saturated.

This is the huge difference with Safe. Safe is distributed from birth and does not suffer the enormous limitations of blockchain solutions.

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I completely agree. People talk about SAFE being ‘just a theory’ and having a lot to prove, but I think the same is still true of most other projects really, Ethereum included. None of these projects have solved scalability in a decentralised way yet. Even if Eth does sort scaling, the resource-based economy that could fuel a fairer world still cries out for SAFE, as do the freedom lovers and the technological idealists.

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