MAIDsafecoin, Price and Trading topic (Closed)

I can’t even…

I mean the good thing is that we are going to get stronger hands but what are they thinking?

First they stop the rally and now they want to dump just when MAID recovers and is entering an uptrend again… do they even TA?

Do you know how much MAID left they have? I only see 1.6 mil left in the master address but is there some other address?

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don’t waste your time. if you want to go that route just fork ethereum, it’s a much superior technology for that.

but if maidsafe has plans to have distributed computing running soonish, then don’t even bother doing that either

Surely they run out eventually, it is hampering on the project in terms of getting off the ground. I would love to see the coins spread as far and wide as possible so this is good, but the way this is being done does seem to raise many questions.

Seems bad, but I think there is always an equilibrium and these kind of things help actually in the long run in weird ways. Unfortunate though to say the least, but I don’t worry for the future as I think a few more releases will show the strength of the project and riding this out shows another strength.

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I’m also sure that this is a good thing in the long run but I just can’t believe that they are doing this in such a way. They could have done it over the counter or at least not just dump it on the market in one go…

But anyways, it’s a minor bump we have bigger fish to fry.

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@Marin don’t worry that thing that profit guy posted is 10 hours old;

Just keep frying the bigger fish

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I’m not sure how you can disagree when Ethereum is up 25% since the person sold. The seller would have got an average price around .00018 which was a 20% hit off spot rate. If the bitcoins were ploughed straight into ether, the loss was regained in days. You have to assume someone with that much crypto knows what they’re doing.

Didn’t masterxchange use 1MastEr btw? Not sure we can assume it’s someone from Omni.

ah you are right! i knew something didnt seem right about that. So it was left over MAID on masterexchange.

but anyway you are making assumptions that have no basis in facts regarding what they did with the funds. my point is a bird in the hand is worth two in the bush.

lol guess i need my memory checked :slightly_smiling:

actually now that its from the defunct exchange it makes more sense why they would just cash out like that. don’t know what the laws in france are for property left on an semi-anonymous exchange…

As are you! My point is we don’t know. It could have been a good trade! :slight_smile:

you are correct 1master was masterxchange and 1exodus was mastercoin.

i dont think it was a trade if it is lost property and they are closing down the corporation they would need to give the funds to some state agency…

or sell it and cash out to a tropical island in asia…

I think it was someone who had coin on MasterXchange. Not the exchange itself as a lot of the MAID was in the address already and was never on MasterXchange.

They may have a financial reason to try to keep the price down. Maybe they are shorting in a big way and stand to gain more than they may lose by selling them cheaply. We just don’t know.

My sentiments exactly.

Ok, so we look at the chart below and understand that Maidsafe hold a shedload of these coins. My thought, was that Omni could move this asset and it’s IP onto the SAFE network and by doing so, have a chance at invigorating investor interest.

It’s an out there idea and Maidsafe forking Ethereum somehow solves the liquidity problem of Omni…sorry I dont comprehend. Please break it down for me.

I dont want to pry too much, but how so?

Someone suggested it could be hampering fund raising efforts, by under valuing the maidsafecoin. If I was pitching to VCs, I would want to present the most positive case possible.

Still, it shows resilience and in the longer term, surely these big dumps will be harder to pull off, due to them being more dispersed.

All speculation on my part, of course! :slight_smile:

She’s on the move up again now anyway!

Yeah me too :chart_with_upwards_trend:

the only advantage i could think of is getting TetherUSD which is actually a good project so that means you could have Euros and Dollars flowing through Maidsafe, and Factum and maybe a couple other projects. but those project could switch individually… also.

can someone create an a subasset to ethereum on maidsafe? well those projects could choose to switch on their own if they want 0 confirm times…

also think of that tech stack as a custom build integrated with the unique mechanics of the btc software basically needing the entire system’s state to create state of the assets on it. sure let them rip that engine out, and replace it with maidsafe which doesn’t even have a blockchain to begin with… it is like an entire re-write! imho…

issue with mastercoin (maybe they changed this since i left) was that they refused to do things like a tobin tax on trading, even though projects like ethereum do tax transactions in the form of something called “gas” which can only be bough with Ether so the same problem would arise here that a trader would still need MAID do process things on the network, as they need BTC to process transactions.

So not at all practical, it’s fun to dream.

Thanks

i could be wrong but, the way that i understand that maidsafe works and the way that blockchain based cryptos work, is different.

also a lot of the stuff in things like omni and counterparty are big time hacks to get around the way bitcoin works. which is why vitalik went off and started to work on ethereum.

if anything might be worth the time porting it would be the EVM… you could called it METH or SETH maybe a better word lol… i’ve only seen blockchain based versions of it, but I’m guessing it does not care

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