YuanbaI has reached market price! The price recovered from .066 to .073 cents and it’s been off hours for Chinese trading.
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Oo
hmhmmm - too early to party Oo (and i don’t speak a word chinese) but if interpret this right the 24h volume sais 490 837 Renminbi Yuan == 73 896 (polo 283,016 if coinmarketcap doesn’t lie) so 25% of polos volume today on yuanbal 
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cup n handle ! isn’t this some TA thing… ,)
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Yes, good eye! Very bullish pattern.
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It seems that Yuanbao is close to reaching parity with the other exchanges, the current price of 0.4570 is around $0.07. I note that coinmarket cap hasn’t picked up the feed from Yuanbao for 85 hours. Volume is starting to pick up, now around $22k (151,695 Chinese Yen).
Rome wasn’t built in a day, but it seems to be going in the right direction.
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One thing that could make a real difference is marketing imo. SAFE is a very easy sell, it’s just so big and complicated it takes some time and effort for people to get it.
If someone big/respected in the crypto world (like Andreas) were to take a proper look at that consensus paper and point out how big a deal it really is we would see a serious shift in perceived value imo.
It’s a real shame maidsafe will need to sell some coin to fund the marketing because I suspect it’s the marketing, at this point, that will make the biggest difference to price (now that they’ve done the hard work creating the underlying value).
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We are used to that 
it’s probably what we are destined to do, but we are not shy about trail blazing for others to follow (or not) in these situations. It does cost though, and we do still have to listen to the opposing thinkers really screaming how selfish and greedy we are while we do what appears to others as generous and self effacing. It’s always tricky on the see saw of public opinion.
Trick for me is follow the vision make it happen and listen to natures song along the way, it includes all voices.
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I agree having a respected celebrity onboard the MaidTrain would be beneficial but the likes of AA promoting Maid would be limited in reach - aka preaching to the choir and he is way too political.
Maid needs a Michael Casey or Paul Vigna (or both) to review and follow Maidsafe developments. Both are seasoned digital dudes who together wrote The Age of Cryptocurreny Paul still writes for the Wall Street Journal and Michael left WSJ to join MIT. Michael has attended the Blockchain Summit on Richard Branson’s Necker Island and is very well connected and respected.
As soon as the rubber hits the pavement with Maidsafe the process of attracting attention will begin.
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Lol indeed, you definitely can’t please all the people all the time. Meh to the people’s opinions right now though. Of course you have to do what you know is best for the project and that will continue to change.
We’re all keen to tell you what we think and it’s great that you take the time to listen, but none of our opinions will be as qualified as yours ofc. My point was probably pretty obvious and didn’t need saying, I just think spending a few early coins on marketing would be better from a funding perspective than spending the last couple of million on it, as it seems that marketing could make a huge difference at this point and it would be a shame if maidsafe didn’t get to capitalise on that for their own funding needs.
As I say, probably very obvious, but it does strike me that perhaps people have underestimated how big a difference some serious marketing could make at this point because the product is seriously under-hyped imo ;)… probably a reflection of the modest, humble and dedicated builders behind it 
.
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Well said. A little (marketing) would probably go a long way at this point…
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Whenever you introduce SAFE to people with the intention to get them interested in the project. Once you got their attention they will immediately ask when they will be able to use this new, awesome tool. What will you tell then? It´s really better to wait until there is a MVP.
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Or even better wait until beta release.
This is a humongous project and i am so excited and happy to have learned about this. In may be 5 years from now, we will see David’s name here 
Sorry for going off the topic!
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…Not better for maidsafe or their funding requirements though. Ofc marketing would be more effective later on, but the point is that it might make a bigger difference now than most people think, and now matters more for maidsafe from funding pov doesn’t it? Rather than post mvp/alpha when we’ll be in an organic self-driven marketing bubble anyway 
My point wasn’t to do a global marketing campaign and launch us to stratosphere 
, it was to get the crypto world excited about it again, as they were a few months ago, so that maidsafe can make the most of pre-excitement before release and create a bigger war chest for the future.
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Tbh, I don´t see the conexion between funding requirements and marketing campaigns but I can be wrong.
I think the project needs more than probe of concept to win more real traction in the cryptosphere and nobody knows when this will happen or even if it will happen. It can be months or years and a lot of things can happen until then, and with these circunstancies those campaigns looks like “selling the cow” more than anything else.
One demo of this was the Antonopoulos words in Barcelona no too much time ago: “Very interesting in the technology, let´s see how it goes…”
Very promising on the paper, everything to show in real world yet.
maidsafe are selling 19M coins to fund future development… so marketing certainly connects directly to funding potential.[quote=“Chuki, post:180, topic:9923”]
I think the project needs more than probe of concept to win more real traction in the cryptosphere and nobody knows when this will happen or even if it will happen.
[/quote]
depends what you mean by more traction, I’m just talking around where we got to previously and maybe a little higher… 12-20cent range with more liquidity to take some bigger sells.
Yes, but things like the consensus paper seem to have gone unnoticed, and they seem to me worthy of a lot more attention given the implications for them and the ability of people to critique them more easily now - certainly more than a small Chinese exchange adding maids imo.
Just a thought anyway.
I trade, so I’m often reflecting on price, hype and real value. The only thing really standing between 7c and 14c is a mood shift imo, and I don’t think it would be hard to change that mood again. Just sayin…
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Andreas would have to say this and it does not reflect his interest or lack thereof in Maidsafe. He is not going to opine negatively, its not in his character.
To attract and KEEP new blood and new money the first thing Maidsafe Team needs to do is address, comprehensively, why it’s taken so long to develop and why its not finished. This is not to say David and Team have not made all the right decisions and that the 10 years in the making were not warranted. It is to clearly layout the reasons why it wont take another 10 years and that there is no chance the Team wont stop and delay for a re-write when then next programming language hits.
This Bitcoin Timeline is an example of how the MAID story should be told. This type of visual will show the uninitiated how it started and how it ends. History will show new investors why funding has been inadequate and how tangible launch-day is. History will show new developers the trials and tribulations endured and the net positive results of making a decision to abandon one established programming language for a lesser known one.
This is MARKETING when you have nothing to MARKET.
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Spot on imo! The mood is one of deflated excitement because most don’t understand what has actually been achieved so far, so uncertainty overrides much of the excitement. Fear, uncertainty and doubt (fud) cause a drag effect on investment. This effect can also be mitigated with marketing.
Well, what better marketing campaing than a finished product?
And about the price, I just see traders, token speculating properly, conducted by news instead of facts. No real difference 7 14 o 50 cents… so far, imo ofc. (no real product yet).
Nobody said that
He can,t even he wants. No real product for testing yet.
Completely agree.
But the problem is very clear. Too big task for too small dev team.
It is the solution to put this amount of workload and pressure over the team or the solution is to hire more devs? I think the answer is clear and it is not a new problem but… not fixed yet.
Agree again, same for me, but facts are facts.
I prefer spend the money in devs than marketing. Their work will make the marketing campaign by itself. Just my opinion
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Maidsafe does not need to explain itself to anyone in my opinion…when your heading into a frontier such as this you do your best and it will not be in any way perfect or ideal and there is nothing to compare against when your working with such tight resource constraints.
There is no ‘finish’ to the project, only a timeline and there’s now a roadmap for that. Anyone that has an interest into the details of the timeline to this point, can read all the answers that David and Nick have already given.
The explanations regarding the decision to change languages are also clearly laid out within this forum including rear facing barriers.
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