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

Even Bitcoin SV successes the electricity is just using for guard the data and they didnt overcome TCP/IP based server system.

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I have been pondering this a little lately and wonder if we are missing a play here.
Being that (safecoin) is so different, could we say (creative license in marketing a new product) hey world here is data with guaranteed scarcity.
It is not a cryptocurrency as it is not blockchain.
Skirt all cryptocurrency regulations, create new hype in the first initial data offerings IDO :rofl:
Give the press and people something new, lose the coin in the word and allow people to understand that data has an actual value so own your data.
Data exchange instead of crypto exchange… you get the idea.

This throws me off though.

this proposal is that safecoin doesn’t exist as units of data representing individual coins

Lots of room for correction I know, but I think worth a little thought unless of course I’m being entirely daft which is always a possibility.

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Wondering about this too… My completely uninformed opinion is that in nearly any business this kind of scenerio would be clearly planned for and mandated. And again in my completely uninformed opinion would be that in the crypto world still wild West and these tokens could end up in some kind of slush fund for the exchange owners.

Very happy corrected on the above as common sense says this just would not happen? Anyone know what the policy that polo will follow?

And going by 27,000,000 coins being unclaimed… That’s a hell of a lot of the market cap just there no? 10-15%? Standard economics would say this would lead to deflation and concurrent rise in value of asset. Or being ultra cynical / uninformed someone having Uber control in dominating/ crashing or just influencing the market?

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Australia updated their regulations and they refer to it as digital currency.

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don’t forget digital currency regulations only really relate to trading it on an exchange. If you just farm some and use it to buy PUTs you can easily “skirt the regulations.” haha. I still hope there are low friction ways to buy retail amounts, for those that just want to start using it immediately.

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@andyypants

I hope to see SAFE token prepaid cards in kiosks alongside the others.

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I think SAFE would still be considered a “cryptocurrency” since it relies on encryption to be secure. It’s just not blockchain. Some kind of way to brand SAFE as something new while still maintaining its familiarity as a digital/crypto asset could really be powerful. Maybe it’s an “unchained cryptocurrency”. We could promote it with “unchain your data” or “unblock your potential”, etc. I think this is worth some brainstorming…

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I hear Sun is bidding for a lunch with Prince Harry

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Think the problem with crypto’s success is not based on real world results or Project feasability.

There are a lot of scams, pumps, trade washing, fake volume, hype, fud and poor ethics. Seems in general that’s what it’s all about.

Maid and a few others seems to be the real deal, for those projects, until they succeed and prove Market worth the price will not change.

We will just have to wait and see how things develop!

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There is definitely a donward momentum on exchanges. I just bought some substantial amounts and the bots just crash it out right back at original levels. A lot of very janky stuff happening!

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Crypto is the new online casino. Spread your bets and you never know. That’s why a few cultures who are into gambling are heavily into it

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That’s a fun thought, unfortunately the regulatory bodies are smarter than that, it is really not about the semantics, but it’s their usage what defines it.
It doesn’t matter if it is defined as IPO, ICO, IDO or a sugar candy poop offering, if you raise funds for a project and it smells like securities offerings, the SEC will get you.

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Btw, we are out from the top 100 cryptocurrencies in coinmarketcap. We are no longer in the front page.

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Sad thing about that is the 100+ projects infront are either scams, unrealistic ideas, fomo ridden concepts or companies that are heading for some major failures.

The truth is most crypto projects are flawed and destined to fail. There are maybe 2-3 good ideas in the lot. Crypto is looking more and more like junk bonds.

That said I believe maid is one of those rare projects that is logically sounds and actually fills in a need.

If it works it will be a game changer, something I cannot say with 99% of the dumb excuses people come up to build a chain ie: music rights chain etc.

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Let’s not forget Doge coin. Market cap $120 m. Reality 0 value

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It is not something that is turning into…
Crypto has always been like penny stock trading.

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Very true!

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DOGE started as a joke, but at this point is one of the oldest most respected blockchains. It will never go to zero.

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They are using IPV6, as far as I know most servers don’t support this protocol but I might be wrong. Maybe someone can elaborate on BSV using IPV6

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This image below posted to [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet
Unclear the variables used but it points out the obvious we all know - that MAID is undervalued by the market relative to others.

Good to see then some level of criticism measuring across projects. SAFE will only do well if the reality is reflected.

See:
https://pbs.twimg.com/media/EOqNp7sWkAE0S2Q?format=png

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