Poloniex trading thread

Still in the hands of the traders I think. It hit 12,000 some weeks ago and only hit just over 10,000 with the troll box hype.

Now its below 10,000

I am sure that the release of the Installers had something to do with the up move.

Will likely need to stabilize between 10000 - 10500 for a while, but it does look like it is getting ready to make a significant leg up in the weeks ahead.

What is significant - troll box hype or otherwise - is the volume. Indicates to me that this thing is preparing for a bigger move in the Fall. With a steady stream of release dates and a bullish sentiment, I don’t think we will see waves of selling to knock this thing back down again.

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The release doesn’t make the price go up, there is nothing really useful (For end users) released.
With the current installers you can test the system but thats it. New buyers want graphical interfaces, useful apps, wallets. Expect the price to go down again after this release, probably 3-4 weeks sprints again and no reason for short term speculators (Most of the current buyers at Poloniex and Masterxchange) to keep the coins or even buy more. In my opinion the only reason the price could get up is the release of a complete safe network with useful apps.

*This is not investment advice

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Troll box rules:

  • Buy = Sell
  • Sell = Buy

:smile:

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it looking like the margin shorts are settled now, might slowly see the price get to 10 again. I am thinking people are not wanting to sell for a small profit and wanting to see another upwards trend.

maidsafe is quietly being bought without any real large price movement, smart trading! carefully staying under 10.

Just bought ~3k MaidSafeCoins. I’m not a trader, nor do I really care about the price, but I am excited to be able to put my money (what little I have) where my mouth is!

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Poloniex dump.Now it 8100.

Joining the club soon :wink:

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just set up coinbase wednesday to take 100bux away every two weeks, for (true, crypto) savings. cheap coins ahoy

Joint, today is 8K, lowest 7.7k, I bought a lot at 8k

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I bought at 7.250K today at masterxchange! :wink:

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Yes it would have been good to have some money spare to put into maidsafecoin today. Still around the 7.7K.

I had a bit of BTC dust from ages ago sitting in a buy order at 7.7K and it was converted in to a few maidsafe coin today :smile:

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looks like someone is dumping

Question is - is it to buy back at a low price, or to get BTC for a buy up in another coin?

Not having enough experience with this I would say that its been going on for many hours now, that they are after BTC for another purpose and they are trying to not get the price too low.

Not having enough experience with this I would say Oct 1 may be a payday to some.
MAID => BTC => fiat / paycheck?

Overall, like I said on the other topic few days ago, I think there’s a small but noticeable resurgence in confidence in bitcoin going on (and this is not compared to MAID, but just overall, in the crypto space).

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So far…

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Pure speculation on my part, but I’d say from now, once it breaks the 15K point we may never see it drop back to 7K-8K again before MAIDSAFE -->> SAFEcoin conversion.

Apologies if this is the wrong thread:

I am attempting to deposit MAID to Poloniex, but they say that the wallet is down for maintenance - when I asked about this maintenance I was told that its not their wallet, but Maidsafe’s.

Is everything alright with maidsafecoin? I’m not comfortable with my deposit trapped in the ether like that.

Welcome @Warglejark,

Maidsafe doesn’t have a wallet, so I’m not sure what the problem is. I’ve used Poloniex a few hours ago and everything worked as it should.

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