What exactly is the risk I do not understand? We already have 2 projects on SAFE passed this way without a problem?
The bull market is here friend. I expect the price of MAID to continue to go down as people switch to profitable currencies, which will reduce the team’s resources and put unnecessary pressure to hurry.
It’s not clear if the suggestion is to convert all coin to ETH20 or a certain amount of burn. Would we lose access to BTC or how would price be bound?.. it might be a good idea but it’s not obvious atm.
Not a project I am concerned about Market value with until after the swap happens for actual Safecoin. Thats why I purchased, Kyber, Chainlink and Bitcoin. Cant hurt but seems pointless unless you want to pump and dump your ERC20s and have the value manipulated on 4chan boards.
I don’t know enough about it to add anything that valuable.
What I do know is the MAID market sucks, there is zero volume. It’s virtually non-existant.
Didn’t MaidSafe say they were not going to do anything other than code until release?
Seems this topic has gotten the attention of a few people though…quite a few long time lurkers pitching in.
For this yes but only if they will natively support the coin swap on release and I don’t want any of that crazy third party exchange mess Zilliqa did with binance. Also doesn’t require an ERC20 token maybe a lightning network wallet, something with atomic swaps, non custodial.
Each time this comes up it’s shot down. Usually with the same vaguely developed rationale. Too much risk, distracts development, only for profiteering.
Meanwhile none of that is or needs to be true, the price continues to decrease as people who would be accumulating it cannot do so, and the dismissive attitude makes a conversation about it hardly worth the effort.
This again? MAID was in the top 70 a few weeks ago. It’s now bumping around 140s. I get that this feel a bad, but clearly people can buy when they need to.
I know that people want to see their investment appreciate, but there is no need to panic. The maidsafe team are on a good trajectory and the cash value of MAID is not dropping; others are just increasing.
MAID and SAFECoin will have their time in the sun. Once Flemming is out, there will be plenty to shout about.