I’m really excited about the potential of some of the coins you mention, as a well as MAID. I just think we are a long way from seeing that yet, on BTC, ETH and MAID. Scaling has not been solved and until it has, I don’t really see there being a durable advantage, despite the fact their blockchains are live. The really is, that so far, there has been a lot of hype and not much substance. A massive bubble was created by speculators and not ‘real’ use cases like commerce. Now people are waking up and the bubble has popped.
MaidSafe has chosen to solve the problem of scaling before the network goes live. A lot of people seem to think we have missed the boat by doing that, dropping out of the top 100 etc. I think the race to get ‘real’ adoption and use has barely begun.
But that’s the thing. There is already something out there which is used on a daily basis by millions of users. Because of that we can see the weak points of those solutions. Like scalability. It’s good that MAID tries to address this one beforehand. But then you can not foresee everything without a live product used by many.
Sorry, all I see is speculation (and I believe ERC20 tokens on the Ethereum blockcain are just facilitating speculation in ICOs). I want to see a coin being used by millions of people every day to buy things, or to back-up their data, or for machine-to-machine payments. Until that happens, I think crypto currencies are more about potential than substance.
Don’t get me wrong. I do not like the speculation part either. When I read all the news on crypto and see all those self claimed experts I immediately get sick. Only thing which I see is greed.
But at the end it doesn’t matter how it’s used. It’s used and that’s it.
Speculating doesn’t bother me at all. I have no moral judgments as long as people aren’t hurting other people. It’s just that I don’t think speculating will cause a durable rise. I want to see commerce, because that’s what I think drives real value, and of course I do want to see prices rise and for a non-fiat currency to take over.
With the falling prices it’s Interesting to see hyped coin like substratum vanishing from the top 100, and Maid in a rising holding pattern, inching back up, now at 89th. Hold brave Investors, buy low!
Yes good resistance for instance. Volume transaction is not exceptionel on coinmarket we are 130/200 position with $1 828 240 maid exchange last 24 hours. Need fresh air asap…
It feels like a bit of a tease at the moment, dip , recover, dip further.
I feel sub $0.10 maidsafe. To me, pre launch, this would make me very happy.
I don’t think bitcoin is done falling, its the lower end of the $7000’s, fell from $20000,
and, well… it could go all the way down to $2000, perhaps even $1500 and maidsafe is linked to it.
Looking at the charts, it looks like maid is set for a rally both for USD and BTC. I agree that BTC looks like it has more top to blow off, so maybe the two events will coincide.
“Nonsense”? I can’t believe you said that. One thing I’ve learned about price movements in crypto is that the reality might end up even crazier than the craziest of predictions. How can you make such a claim when left, right and centre coins balloon and deflate tens, hundreds and thousands of times.
In 2013 BTC peaked at about $1200 and then slowly fell to $160. If reversal of such magnitude happened then, it can happen again.
The last year BTC went from a $1000 to $20 000. If the bear market, that followed the 2013 bull run repeats, then I predict a bottom for BTC in the $1500 to $2500 region.