Some kind of bot maybe a market maker.
In 10 years from now, these are the types of posts that get quoted, when the price is $1000+
“Look at this guy buying 20k coins, he must be loaded now, wish I was as smart as him”
these types of posts can lead you to be “chopped into pieces, in a sewer”…
Privacy. Security. Freedom
I think they will be saying “look at that guy SELLING 20k at $1000. I wish I had been as smart as him”
It could be the outcome that this becomes worthless. I don’t think anyone is under any illusion there is no way this could fail.
However, I would still say the person selling 20K @ $1000 is not smart, as the potential future value is well worth the risk of $1000 (obviously based on the seller’s current economic situation). As long as you aren’t destitute desperately clinging to the hope that your coins will payoff when you could drastically help your immediate situation, selling a good amount of coins at these prices seems silly to me.
Selling 20k at 1000 is very sensible if you have lots more
Hmmm, you need to likely create an automated bot, manual arbs are very hard to time and execute on. In general, be prepared to sink in a lot of time and effort to create something that is automated (months and years likely).
For instance, below is a small snippet off a very complex dashboard I built for 3 to Nth leg arbs along with all the backend software & hardware components (currently filtering on 3 & 4 legs only in past 30 days):
Note: Above is a What If Scenario dashboard with real time ticker data being analyzed (order placement turned off). It only shows you the potential of all the opportunity signals detected and filtered on.
This is not my primary bread and butter, nor my daytime job. I won’t go into any further details regarding the dashboard, and the implementation behind all this, but I do believe there is plenty of entropy… in the market if you are fast enough to detect it and capture it.
turn the execution on
so it makes 23.6k by trading 98.2mm. 0.024% margin.
and there i was thinking my bond trades were skinny…
Lol… I have no idea on the bond market margins… but at least this doesn’t require a huge investment up front as principal (nothing close to the 98M+205M + (other legs) = 300M+ potential volume generated a month), since the money parked per coin can be rotated at a very high frequency per arb opportunity.
In bonds I need to make 20c (0.2%) for a trade to make sense - as there are many mouths to feed. The first 5-10c go on broker fees, clearing and custody.
I see, good to know. Yeah, crypto, from what I can tell seems to be very cut-throat for at least a multi-leg ‘arb’ in the current landscape (inter and intra exchange etc). The above potential $ earnings were after accounting for the exchange fees had the orders been placed and executed.
Offcourse, everyone’s strategy and implementation differs, so what may look like a lot of potential $ earnings to someone might be way different from someone on the other side, with a different code and design implementation receiving the same ticker data in real time, . It is what it is, lol.
Anyone other than @zero-ghost looking to sell some eMAID or omni MAID?
Come on guys. Lets get that volume up and show this is a serious project!
Sell into me at 790 sats or buy me at 898
Assuming Maidsafe is completed, what would be the potential value of each SNT?
MaidSafe is the company developing the Safe Network. Speculation about the price of the tokens after the Safe Network is launched can be seen here:
Privacy. Security. Freedom
Marketcap should be higher than filecoin easily?
FileCoin should be relabeled to “Just A Pointer To IPFS”
Depends on what you mean by “completed”. But my guess is that if we get to a publicly available beta release the price could be $5-$10.
I think that would be probable some time after launch and some adoption, but would be pleasantly surprised if it reached that at Beta launch… but I guess it’s posisble if there’s a bit of hype around it and it looks really good technically.
Though, because at Beta launch, the max supply would still be the supply of MAID / eMAID, so that’s only 50% of supply at launch, and 10% of the eventual max supply… that could mean the the price is pushed higher given any hype.
Achieving Filecoin’s Market Cap at beta stage would yield about $3.5 with the current supply. Perhaps not likely, but not impossible.