MaidSafeCoin (MAID) - Price & Trading topic


#2114

When I can get past an unavailability page… the last price. BTC 2240ish… Nope… Now 2407… It’s all over the place.


#2115

The reason MAID is much higher on Bittrex is because deposits and withdrawals are disabled for the last 24 hours and will be till they know which chain “wins”. While BTC is almost certain to win, its not absolute. and while BCC can last as an alt. But if too many miners go over to BCC then BTC may fail

So MAID on Bittrex is limited to what was on Bittrex and this has allowed the price to vary a lot more compared to poloniex than would usually be the case.


#2116

Looks like polo disabled btc withdraws and deposits until they find a fix. I was hoping to get some btc cheap in fiat and really get a nice price on MAID

https://poloniex.com/press-releases/2017.07.24-Our-plans-to-handle-potential-BTC-network-disruptions/


#2117

WAT?!!!

derivative blockchain tokens

Polo seriously going to offer dual derivative tokens?
Derivative Maids will be useless though?


Discussions of Bitcoin, its future and other things
#2118

Only if there is support for them on both blockchains.

As you say that is highly unlikely and Maidsafe would only recognise one and the other is useless.


#2119

Is a switch to BCC not useful in the (very unlikely) case that Bitcoin stops completely or is very very slow?
Not on both Blockchains at the same time of course.

But I don’t see that happening.


Discussions of Bitcoin, its future and other things
#2120

Could you explain this in “basic terms” :slight_smile: Thanks!!


#2121

Yes. Not only are bitcoins duplicated so are any token coins that live on the bitcoin block chain.

So… if you had 1 bitcoin and 1 maidsafe coin before the split, after the split, in addition to the original amounts above you would have 1 bitcoincash and 1 maidsafe encoded on the bitcoin cash chain.

Since Omni protocol can be applied to both chains, and. If there is a market poloniex may allow trading of these new alt coins

But! Because if the 1:1 exchange rate between safecoin and maidsafetoken only one of the block chains can ever be used.

I’m assuming for the moment Omni will stay with the original block chain, but they could launch “OmniCash” as the bitcoincash version couldn’t they?


Discussions of Bitcoin, its future and other things
#2122

I am skeptical that Omni would support both. It seems everyone prefers to stick with what one is most profitable to mine. I love the idea of having double the amount of maid though! :star_struck:


#2123

"I love the idea of having double the amount of maid though! :star_struck:"
What’s there to be loved? You haven’t magically made the token more valuable after all. If you double the supply you have to half the price. Amounts to the same thing.


#2124

376 btc sell wall at .0002 on polo… wow!


#2125

That’s why I said the “idea” not the reality, buddy.
No offense to anyone else trying to inform me on my coins being doubled but I am aware, and I thought it was obvious from my previous comment, that my coins won’t be doubled nor will they have twice the value.


#2126

“The Omni protocol reference client is Omni Core. It is forked from Bitcoin-core and will follow accordingly the same.”

It’d be nice, but you won’t see your coins doubled.


#2128

You can only buy MAID through Bitcoin. It is relevant and the split could have a major factor on MAID prices. To not be allowed to dicsuss the affect here is ridiculous, and I’m not the only one thinking this.


#2129

Too late now. If they switched now then all the transactions since the split are lost (on BCC) and there would be a lot of very angry people who could sue the ass off them.

Yes it would be nice, but the limit is 10% of 2^32 so then Maidsafe have to choose one of the two coins, and guess what the correct one would be the original on the BTC blockchain

Please don’t duplicate posts, people would post agreement if they agreed, and there is already a topic for purely BTC talk IF you relate it to MAID in your post then its fine here. So no it is not fine to have chatter about BTC/BCC this and that unrelated to MAID. Your logic extended a fraction allows talk of ETH and many other coins since they too have an effect on MAID since the incoming money has to go somewhere and more to other coins is less to MAID. But unless you relate it to MAID then use a topic that is for that subject.


#2130

Is the BTC thread the one in off-topic?

If so I think there’s something to what Minecache says. It is an interesting conversation that everyone wants to have and be informed about at the moment. The trading thread is the most popular one in the forum - which is I guess why you police it more heavily. That’s fair enough. I do see your point. It’s a shame that the only place to discuss it off-topic though since off-topic is not displayed and most casual observers don’t search for it. I agree it is “off-topic” in a maidsafe forum, but still… community is about an active dialogue and this is current stuff that should be chatted about in a prominent thread and it does relate heavily to maid price swings etc.

I’m just giving this a dig because I think it might be a good thing for community engagement to have the dialogue more visible. Perhaps we could just have a new thread that is front page dedicated to BTC/BCH discussions? Or just change the other one from being off-topic so more eyes are on it? That might even be better giving the trading one is trust restricted. Anyway, I rarely succeed in changing people’s mind and a wise man once said it was foolish to try, so I will leave it there. :wink:


#2131

There are multiple links in this topic for the NON-MAID BTC/BCC/etc topic. That is sufficient. Otherwise every time BTC hicups we get a tangent string of posts about things non-MAID. This topic would be very much longer if we don’t enforce the topic TITLE.

Here it is again Discussions of Bitcoin, its future and other things


#2132

Maidsafecoin soon will get below 100 in coinmarketcap…


#2133

It’s some big whale insider info, or just jour feeling?


#2134

Doesn’t matter about going below #100 since all mine’s in cold storage.

Except that I can use half the SEC (yes that coin), that I got at the crowdsale, that I just sold, to buy into such cheapness of MAID price, if it does go below rank 100 (…it won’t, even if you try lol). Freaking crazy people still buying up SEC for some reason.