MAID - MaidSafeCoin

I guess it’s just ‘buy rumour sell news’ traders. Vaults not really for most of us at this stage. Not surprised at the dump, esp with btc still being bullish.

Hopefully full MVP will be able to sustain and build some more excitement in the market as less technical people will be able to use it.

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Can’t defeat the tide :ocean:

gandolf move can only do so much :expressionless:

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I can’t resist. Definitely got all my eggs in one basket, but I’ve committed a trading cardinal sin and backed a long margin with the coin im long in lol :wink:

Oh well, I feel like a long from 16k is good right now. Even if btc continues to rise I think we’ll see maid jump with the more user friendly updates we’re likely to see this spring :). Lending rates are so low I don’t mind having a position open for a few weeks.

Come on safenet… one time, be kind! :wink:

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I admit, this halving dynamic something I wanted to write about… is its very new… halving and alt coin markets. Unprecedented;

We really don’t have anything to base things off of. Will need to think more about it all.

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I absolutely agree! I have been thinking about it.

The perfect storm is seeing BTC bullrun and an alt get serious interest (from as small a market cap as possible) at the same time isn’t it? Holding the compound winner in a big market swing is the biggest payday a trader can hunt for surely?

Of course it’s a gamble, but this summer feels exactly like that perfect storm for safenet to me.

I am now really disproportionately heavy in Maid/SEC/PDC, but the risk reward here seems very good to me. I don’t see a high risk to these coins dropping by any considerable dollar value (always possible ofc), but I do see the potential for a huge fiat value upswing as safenet demonstrates robustness with alpha and gets a lot of interest quite quickly.

Screw the ‘big short’ this is my ‘big long’ ;). If we even see half of what I’m hoping for then I certainly won’t bother trading any more ;). Surely both BTC and SAFEeco should see sustained and therefore compounding increases [for safeeco] from June/July. What are your thoughts?

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Same here Jabba I’m heavily invested on Maid/SEC/PDC & soon N99 :grinning:

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Yes this is for sure, that USD value can be upheld.

So far I can see that bitcoin can steadily rise prior to halving. After halving if the Im correct on the past dynamic then price will continue to rise.

Alt coins will adjust versus btc…

if MAID is converted to Safecoin @jabba you’re right on the money there.

That’s the factor I think for that perfect storm, if Safecoin is being introduced and MAID is being phased out. In such a case for sure we’ll go to heights with Safecoin.

The word of mouth marketing will definitely change everything for it that’s for sure and will also be necessary. The new adoption bitcoins to purchase the MAID/Safecoin have to come from somewhere of course and right now thats btc owners who are clinging tightly in the wake of the halving thing… thinking further if halving dynamic is how I suspect then perhaps a spike in MAID is for sure, since traders would see, halving happened and no rise in btc further… time to get returns (alts) and until that price in btc spikes up the MAID will rise dramatically.

A whole lot of brain storm there but some solid ideas and scenarios. 80 days to go btw in halving

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Yep.

I really do believe that this time next year people will be talking abut safecoin in the same context as BTC in 2013 and NXT in 2014.

Those of us who have gone a bit crazy at the right time could well find ourselves the bitcoin Jesus’ of 2017+.

I would say that though, it’s the reality I’ve planned for and it would put an end to any money worries I might have in the future. No way to extract my huge bias from the predictions, but all any of us can do is bet the odds we see.

:sweat:

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Fibonacci levels are a bit off but seems a probability if MVP is released ?

Very hard to predict exactly with BTC going places

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Im out of the prediction game right now;

Especially last time halving happened only litecoin was around

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https://forum.safenetwork.io/t/maidsafe-pre-dev-update-update-25th-april-2016/8895

And MAID is still being hit, another few hundred BTC worth sold and 100 bought. in last 1/2 hour. dropped the rate to 11700

Guess more are joining the BTC bandwagon for their 2 or 3 1000’s of dollars per BTC that some are saying. Can’t blame them really. They are likely smart enough to buy back the cheap MAID later so unfortunately we don’t get rid of the trading whales completely.

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Love how development progress has nothing to do with the price sometimes… :no_mouth:

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development is too slow that’s why

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point taken… @wallet Can hardly watch…

Certainly looks like a series of waterfalls.

Guess we will have an idea of how long this is going to happen after the dev update due soon. Really only affects those trading and everyone’s outlook.

My take… still mastercoin people who bought who don’t care about our project very much… Consistently selling; Even they sold 7m of their holdings at 30k satoshi

So like ethereum their founders and foundation are selling; our core group isn’t selling… yet there is this side group that were at the founding who are… otherwise I think we wouldnt be crashing like eveyrthing else. Like everyone expected

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Does anyone know what accounts they are using. In other words watch when they transfer to polo

Can track balances with this… but to answer you question now

19h9LpXHVKEYzDJCKdhaXkmu3zavZdiyYk

This address did the 7m dump but if you’re monitoring the omnichest.info you can see when they deposit… however already there are 100m maids on the exchange so it is difficult by now to realize if osmeone has an intention to sell

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Also loans on MAID are virtually free, which to me indicates that they want them to go down…

Last night they were even cheaper…

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