Will there be a timeframe for us to convert our maidsafecoins to safecoins?
Most likely some time limit. But any mention of such a limit is in terms of a sufficiently long time for even those who only check in occasionally to still have plenty of time.
We are not at the stage of working out the mechanics of the exchange, but Maidsafe have said they donāt want anyone to miss out.
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Am i the only one here who feels that instead of $10, maid could easily hit $100 in future? 
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I have no facts to support this but it seems from casual observation for every $100 gain in BTC MAID gains 10 cents.
Probably not very accurate though.
Technically for every 100$ rise in BTC, MAID will rise by 100$ * MAID/BTC price
So at the moment it is
Every 100$ rise in BTC, MAID rises approx 1.9 cents (100.00 * 0.00019000)
Apologies. I misinterpreted what you meant.
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Iām making a new private key for purely offline use. Iād recommend others do the same, unless offline security is worse than online for whatever reason!
But Iām having trouble sending from Omniwallet, since I only have a tiny BTC amount in there. The script keeps updating the amount it expects me to pay, even if I put a custom miner fee in there.
Actually, Iām just telling this story for anyoneās future reference, because I just checked back there, and finally it seems to have updated correctly.
I only hope it doesnāt take a year to transfer with such a low custom miner fee.
Hereās hoping thereās a super update tomorrow.
Er, I mean, Iām perfectly fine without that! Ha ha.
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In general, given a deflationary crash, all asset values (including, and especially cryptos) will get hammered as the supply of available credit shrinks. The only respite for cryptos would be if governments were to implement capital controls or other measures that would require bank depositors to cover losses to the banksā balance sheets. Refer to Cyprusā experience. In that event, capital should flee to non-fiat currencies outside the control of central banks and governments.
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I tend to disagree. In a bear market, assets are sold and converted into fiat. Investors would dump stocks, dump bonds because default rates would start to increase.
traditional safe havens are Gold, JPY & CHF, Treasury Bonds.
Nowadays many central banks have already set negative interest rates. Cash is charged by banks directly on current accounts. To avoid suffering from these dynamics, cash has to be put to work, or parked.
Crypto did not exist back in 2008 during the last crisis, and asset managers will be happy to experiment it during the next one, because, hell, they are paid to do something with the cash.
The next economic turnaround will see unconventional policies implemented by central banks because all the traditional tools will be useless (rates are already too low). Helicopter money, stock outright buys within a new QE program, whatever can be imagined. So yeah, cryptos might increase in value when wall street turn to the ultimate safe haven. Thatās if the crisis is contained, and fiat donāt just turn obsolete in the end.
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Iād argue that for a lot of people, they would need to liquidate crypto holdings also to cover debts and raise liquidity. What you say is true for those who have wealth to protect. So probably a mixture of strong inflows and strong outflows. Quite possible that the inflows from the more well off are greater than the outflows from those stretched thin.
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What is the problem with Bittrex?
MAID & PDC and other omni tokens are in wallet maintenance since what seems the beginning of the week?
While I can get to the trading page noone can do a withdrawal of the coins.
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Even Coinbase is having issues,. Appears just volume related all round. Could that be issue? Support teams stretched?
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Maybe. But this is only wallet maintenance and seems to be omni-tokens related. Surely it shouldnāt take too long. In any case I removed some buy orders and withdrew the BTC. If maintenance is not finished in 12 hours I will be removing some more, possibility even cashing in some of the omni coin for BTC and exchange back elsewhere if the maintenance doesnāt finish over the weekend.
Agree volume is causing some issues, for instance Poloniex trade history didnāt record about 7 trades around 36 hours ago. Now the profit/loss page is out by those trades, not a big issue but annoying when one was able to use the profit/loss page as a way to judge success.
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Wowā¦ur a busy guy. Good for you! Hope thoseā trades are being nice to you. GL
While its only small (very small for a real trader) I have increased my kitty consistently (except one blunder) over the last year or so and made some 25% (in MAID terms) on just what I have in trading (not on what I have in cold storage). Obviously the rise in BTC value has meant that the $$$ value I am trading with is as much as I put in 2 years ago.
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Is the fun and excitement over or are we just taking a wee break before the next round of pandemonium?
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This is the interesting question.
My take at the moment is that the price dropped some 24-36 hours ago and we are seeing the FOLO playing out. It seems new money is still coming in because the price bounced back from the low of 1928 (polo) and most have now seen that BTC dropped and made decisions on selling or holding.
From here its going to be a confidence choice. If too many panik then its roller coaster time otherwise it will be a balance of buyers vs sellers and if new money coming in continues then its way up from wherever this correction goes to
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Iām trying some basic tech analysis on my own and watching the 1month global marketcap chart now on coinmktcap.
Was there a support level at 75B-76B (those two points) that we broke or was that no support ??
Party is over I think. Crypto bubble popped, bitcoin is going down and maid is going with it. Will hopefully get a chance to add to my stack during 2017.
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I am not sure Iām sold on this crash. Some alt coins had mental gains and were overdue a crash, but Bitcoin had relatively modest gains over the last weeks and months (by bubble standards).
Also, it seems very China driven. Huge 5-10% spreads between USD and CNY exchanges.
Given that people canāt generally cash out over a weekend, there is going to be a lot of cash sat on exchanges too. This makes me wonder what the picture will look like by the times the banks open their doors.
Maybe I am way out, but something just doesnāt feel right.