MaidSafeCoin (MAID) - Price & Trading topic (Part 1)

A good clarification. There is a currently small fee based on the price of MAID. This could get hefty as the price goes up.

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Does anyone have any idea if it matters on bittrex whether it’s your country in which you are a resident or the country you are currently in? For example could I go to Canada and buy on bittrex even though I’m a US resident?

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You could use a VPN to appear non-US but you might have problems verifying a physical address if you want to withdraw significant amounts.

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Yeah I mean I would go to a cold wallet immediately anyway. Not sure if it’s worth that risk, thought perhaps that it more about location than residence

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Simpleswap.io also works. There are complaints against changelly, mostly from Monero investors, about them holding “suspicious” funds hostage until you give them KYC info, AND “prove” that the funds are not being laundered.

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Are you aware of any complaints against simpleswap and do you know their fees?

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I think their fees are a little higher. Reviews seem to be more favorable, though. They also, I believe, have a “suspicious activity” clause, but generally the people complaining about changelly were recommending simpleswap instead.

Simpleswap also does not even require you to set up an account.

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Thanks for the info.

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@waveman352 I’d say the country of the ID you provide will determine the rules that apply to you as this is in your account info.

VPN is great if you do not have to provide government ID

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Looks like we are good to go.

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I think before launch we are too heavily reliant on bitcoin, and the current wider state of the planet. $0.05 is still in play. I don’t feel that much has changed out there.

On launch, with utility, boy - we will rocket.

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You make a prediction based on a graph that has a line connecting only two points, widely separated, each of which is quite likely to have been caused by ONE single order?
Lets see the size of the orders you place based on this info then…

As we discussed a week or so ago, tell us what the lines mean, what the significance of the wee rectangle is and in how many cases predictions based on this arcane art have proven profitable.

Honestly think you would be as well looking at chicken entrails unless you can provide some more in depth analysis and comment.

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He shows where previous resistance can become new support, a Fibonacci retracement highlighting some possibly significant levels and how the price is following a wave pattern because it’s in a ascending triangle. Don’t discourage it, it’s fun and just opinion anyways. Either you don’t get it and shouldn’t be using it as advice or you can understand it and do what you want with it.

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It works a little more in better established markets and particularly so with well established stocks/commodities/forex, though, imo.

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Well Id like to understand it but if someone could explain what a Fibonacci retracement is and why an ascending triangle matters it might help. Cos to me it sounds as valid as the Moon is in Aquarius etc

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Tbh I think technical analysis is just a self fulfilling prophecy intertwined with underlying human psychology. But patterns or any well established (and practiced) trading strategy or theory have certain success rates that you really need to look up on investopedia or back test in the chart you are looking at. Fibonacci is like one of those magic things, because Fibonacci patterns are mathematical and seen in nature it is applied to charting and I think it is just more of that self fulfilling going on.

To me, if you can understand the overall general sentiment of a market and even marginally understand a trend and which direction it is going or when to confirm it has reversed, then you can do okay. People get burned day trading or margin trading because it takes a lot more insight, experience, risk management and planning. There’s nothing wrong with a long term buy and hold strategy! But I think trading and analysis should be welcome too.

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Thank you Unfortunately https://www.investopedia.com/ does not play nice with the Brave browser.

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It’s three points if you can count…

Exactly, kinda of tired with all these new traders not knowing what TA entails. Nonetheless, this is a trading topic!

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My issue is that even Bitcoin does not have the volume, expertise, or establishment necessary to make TA sufficiently predictive, much less MAIDSAFE. Crypto is too volatile; it’s like small-cap biotech stocks…

How many times in a row now has Bitcoin’s “Golden Cross” been wrong?

There are too many variables which occur that can have the opposite affect on the market than what the charts say “should” happen; whether it is implementation, regulation, tech breakthroughs, or some moderately loaded trust fund baby happens across a faux news article that inspires him to make his daddy proud.

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