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

To put things into perspective, this is where we all were exactly one year ago.

7 Likes

Bonkers, huh? Maidsafecoin is worth about 8x more and we are lamenting on how it is under performing. Only in crypto! :slight_smile:

Ofc, it does show how well others have done relative to this.

12 Likes

That was quite the jump, I swear a couple of hours ago it was at 41 cents and now sitting at 50 cents…

7 Likes

Perhaps someone is doing math… conservative start at half of dropbox divide by total coins… hmm $5B/452552412 what is that… ignoring utility that is what that is :smiley:

2 Likes

Easier to divide whatever company’s valuation by total current MAID market cap, so 5B/219Mil = what MAID should be in that case :stuck_out_tongue: ($23 each, for DBox only)

2 Likes

Why 219m ? dont safecoin got like 450 m initially before farming

25th now… it is a blockchain ICO frenzy out there!

A white paper and a few weeks of hype is apparently much more impressive than potentially ground breaking technology. At least safe net has had test nets! :smile:

6 Likes

I think maid can be slipping much more in the short/mid term, i like maid a lot but i cut back a big portion of my maid porto.

Simply cause its taking to long, soon big enterprises are already working with Sia and Storj, people switched to Ethereum web 3 and all there Dapps, in this section you need a lot of speed to keep up with other innovations and thats the only thing i see Maid lacking atm.

First movers advantage is important, you can see it by how much developers join and create on the ethereum blockchain wont be easy to get them to work for maidsafe, and how longer it takes how harder it gets. With people making great things like Raiden network etc that also can work great for many usecases.

And thats just my opinion so dont all say im stupid and wrong. People can have different opinions keep that in mind.

4 Likes

Maybe, but I see nothing on the scale of what maidsafe are working on by orders of magnitude. Of course, it is easy to drive simpler technology forward more quickly, but that doesn’t mean they will ever be able to achieve the same goals.

I agree that maidsafe is is a different time scale, but I don’t seem any real opposition eating its lunch.

Edit: To add, we are talking about a blockchain alternative here. That is big news. Proving passive storage is a bit of a side show really.

6 Likes

To me this shows there is a demand for this technology.

History is littered with first movers that were quickly adopted because their technology solved problems only to be superseded by better technology later on. For example Edison developed the first power stations and electricity distribution systems. He had the first mover advantage taking foothold and very aggressive marketing campaign but that only lasted a short time and the better technology years later had replaced it nigh on entirely.

5 Likes

I’ve sold a lot of my MAID that was in cold storage since the ICO and hope to buy back in at a lower price. The general sentiment is that Maidsafe is taking too long with no ETA for release. Hopefully this creates some good buying opportunities for MAID in the near future. I do believe that SAFE will blow Sia and Storj out of the water when it’s finally released, first mover advantage or not.

2 Likes

I don’t know if there will be a lower price. Maybe around 15,000 or 16,000 again, but not any lower. (Personally I see it barely going below 17,000.) There is a lot of upward pressure in all of crypto right now. Any second could be the last second. MAID is still fairly low in market cap right now, comparatively. Still doesn’t mean it should suddenly meet the 1 Billion Dollar major standard. But at the rate Bitcoin is going, 1 billion won’t even matter anymore; and 500 million is still even something that would be a soon-to-be milestone. Just saying; in case you want to go back in right now :wink: to not lose out, despite selling at a decent time, if it was 1 hour ago. There are times when alts go all red, though, and it seems like right now could be one of those times. But MAID was shown to be pretty independent, so it might not follow suit, on top of everything else I’ve mentioned.

4 Likes

Well… someone(s)'s selling.

1 Like

yeah… but someone has got your back :wink:

4 Likes

And they’re mad (about it).
(they, the troll box that didn’t expect it and is thus spouting fake news to stop your glorious attempt)
[unless that’s not you…]

Got some of it on the dip. But definitely not all coming from me. There is another buyer and he is much bigger than me.

1 Like

Bought at 16000, sold at 19500.
Can’t complain!
Volatility like this is gold!

1 Like

Did you follow the trollbox live?
Because since a couple of weeks you can’t search through the content of the trollbox via polonibox.com.

Didn’t know that wasn’t possible anymore. Yes.

1 Like

I think that Poloniex has disabled that to have less traffic.
Also when I tried to log in yesterday @Poloniex, I got the following message:

Error 1015
You are being rate limited
The owner of this website (poloniex.com) has banned you temporarily from accessing this website.

Was gone after half an hour or so.

According to Poloniex New Trade System Spot API Reference :
Please note that making more than 6 calls per second to the public API, or repeatedly and needlessly fetching excessive amounts of data, can result in your IP being banned.

But I don’t use the API.