Without sounding like a jerk i’m sitting here patiently waiting for a dump with my bag open ready to catch the cheap flying MAID
I know both Antifragile and Jabba know the game so this isn’t news to them (more for anyone new reading this thread) but whatever move this individual makes there isn’t really too many long term scenarios that hurt anyone but the traders and panic sellers so for the most part as followers/believers we’re cool.
The direction they are taking with the 34 million, shorting, dumping/pumping, manipulation etc meh it’s fine tbh for any hodlers, just a bump in the road nothing more.
If they choose to dump stronger hands eventually collect most in the mid term at a cheaper price. Nature takes it’s course I guess.
Maidsafe if they are smart (and I think they are) have benefited from the boom this year as well as diversifying their assets so a lower Maid price shouldn’t be more than a short term blip for them should a sell off happen.
It’s likely this same individual will return when the project is de-risked with more capital (seriously if this dude is a VC who wouldn’t want to punt on this project) which we all would benefit from.
I could be totally off the mark but there is a really awesome buying window now for people that have come into the project in the last 12 months. To reach Alpha 3 the team have a number of difficult tasks ahead of them which are hard to explain to someone not versed in engineering/coding. I have 100% confidence the team will smash it outta the park but keeping our feet on the ground most likely we aren’t suddenly going to be knocking on the door of testsafecoin for a good chunk of next year maybe longer (solely my opinion but a genuine and honest one),
So as a holder how do you lose by these 34 million being messed/played with?
A dump = add to the bag, price doesn’t matter to you if you are a holder and a supporter
A pump/dump = par for the course for MAID in many ways, long termers in crypto are used to it and it has noting to do with the end destination for us so meh weed out the
loose hands that’s fine tbh.
Maidsafe have only recently indicated they have a comfortable funding runway to release, sooooo the only people that will really get burnt by these big numbers moving around are panic sellers or traders and as a supporter and long term hodler i’m chilled with both/either being burnt (sorry if your a trader nothing personal).
I guess the one issue is how would we continue to attract people to develop on the network when your missing the price action to draw them into the project. Hmmmmm, well that’s a question that likely doesn’t have a clear defined answer just for now.
Interesting times ahead for sure…