Yes I have been doing the same over the last months. Sad but as valiantly as they have been toiling away on getting it up and running unfortunately they have lost contact with the greater community. Contrary to what many in this forum profess, I do think there are many good projects and teams and ideas in development out there. Maid does not have a corner on new ideas and good, well funded dev teams. They have lost visibility and are not part of the conversation/community at conferences, meet ups etc. as they were, to some extent, at one time. They are now usurped (not technically maybe) and mostly invisible. Imo their only chance now is a beta, very user friendly product gone viral. There is tremendous excitement and money pouring in to the space and Maid is just not a visible part of that anymore, sadly. My 2year, now 1/2 bag is a long shot hold. I became too emotionally attached to the project and it should not have been my core position for so long. My hopes and heart is still with the project but expectations and time frame more realistic and lowered.
You know, there is constant and increasing negative views on the situation and consequently MAID.
I hope everyone can agree with that.
And one of the things I’ve learned about markets is that for a very big change, most people have to be wrong.
Even people who are losing faith, if they have followed maidsafe for a while, do so because they expected it was a BIG deal but have lost patience, not least because they feel they’ve missed out on other pumps by holding maid. So they expected something big, but fewer and fewer still expect that. After all, after so many big rises in other projects, and things closing in on cryptocurrency, you’d have to be a bit mad or deluded to expect maid to moon, wouldn’t you. Where is this trend going?
Fewer and fewer people expecting maid to moon… until the majority see it negatively. Price pushed low.
Like a coiled spring.
And all this happening as Maidsafe are saying things are coming together, and we can see that, and marketing is limbering up.
Many here, myself included, no longer try to make estimates at least in public, and we know Maidsafe don’t want to either, but I’m surprised nobody seems to have picked up on this.
We can’t read much into this as we know it is hard to predict, although it has to be encouraging.
So it’s as interesting to me that nobody seems to pick up on it. Perhaps that’s because this building gloom is clouding the general vision.
While I’m not saying anything specific, I really don’t get all the gloom given what is actually happening, and the signs and signals from inside Maidsafe, development, marketing, and of course the community.
The market is bearish but I’m quietly bullish. Beware the bear trap!
Tbh, I preferred it before the rush of dumb money flooded into the segment. Maidsafecoin has performed well over the last few years, generally not aligning with Bitcoin fluctuations and steadily growing in value. It is worth 20x or so what it did when it was in the top 10.
I suspect that if the latest crypto bubble had not occurred, people would be happier. There would not be the market cap envy that seems to be prevalent at the moment.
Ofc, it would be great if the project was done, was delivering on its goals and was making us all rich in the process, but we aren’t there yet. The project is heading in the right direction and staying true to its goals, but it is taking longer than expected… but steady progress is being made.
If this bubble is like the last few, it will be years before the next boom. The smart money seeking short term gains has likely already gone. Of course, it could be different this time, but many projects may needs to dig deep for the long haul now.
I hope it is a sign we are not looking at years of development.
Bearish is not an issue for me, I had over 100k usd invested at one point. Lower prices are great, however getting delisted is a very dangerous thing. We only have Poloniex after Bittrex goes away. It will be the last “large volume” exchange we gave after that . The way Polo has been heading lately, it is definitely not a good leg to stand on. It has had its share of issues and it going away in the coming months /years is not that far fetched.
I don’t mind risk, but at the amounts I was holding I had to limit it. I am sure a lot of large holders are going to do the same and that is not a good sign.
I hope you are right Happy but as we old timers know, “close to launch” has been a several year, ongoing status for Maid…
I remember a while ago when MAID was also close to launch and then all of a sudden everything was moved over to Rust… That was a very frustrating time for us investors. It may have been needed and the best decision, but that showed a huge lack of foresight. A lot of people started losing faith even back then.
I read that too, but tbh I didn’t want to read much into it. However, opening a office in India, employing 2 people in marketing, the first devcon, new devs in Ayr, increased community dev involvement, improved weekly reports, published milestones for alpha 3, etc… all bode well.
It is a shame bittrex pulled the rug, especially as the team were quietly and professionally engaging with others. It has created some short term gloom. Adding a couple of new exchanges will turn that around though and there is much to be optimistic about.
True and I think many of us shared the fruatration. However, it didn’t stop maidsafecoin outperforming Bitcoin for long after the fact until about June 2017 (when the latest bubble started forming). There were lots of opportunities to bail on a high for those who still thought Rust was a bad idea.
There was a dump on poloniex 2 hours before bittrex anounced delisting. Also there were strange dumpings on poloniex from 5k to 4.2k last days before delist. It seems like bittrex employees inside traded on polo margin trading.
I think the move to Rust was for the best. What makes me wonder is the disconnect between thinking you are launching in a few months to switching entirely to a new programming language.
You would think the main team would of known there was some serious issues so close to release for such a drastic move.
Perhaps, but there was plenty of time to cash maidsafecoin in, for a substantial profit, had they lost trust in the team.
I’m sure there was, just trying to grasp why there was not more transparency back then. Went from: “we are launching soon” to “code rewrite, better buckle in” …
Why raise this now? Seems a little like throwing FUD on the fire of recent news. As I said above, there was plenty of time to bail on the project, with a fat profit. If you didn’t trust the motivations then, why are you still here now?
Maidsafecoin below top100… We did it, all!
Unless the Maidsafe networking release, otherwise it will drop and drop , Cause this projects is tooooo much delay and no results until today’s.
First post October 2017, moaned about release since. Forgive me for discounting your opinion.
To expand further: now that the top101 has been reached, people can stop expecting it and we can move on. It’s comical at this point. Things are getting done. In that way, it’s an accomplishment.
Greed is such a powerful emotion, there’s a reason it ruins people, careers and relationships/friendships.
The value proposition of SAFE has only continued to grow as time has passed, more so with every passing day that the world spirals out of the control of regular folk like us.
It’s a very VERY real proposition that a working network with the correct economic structure will do one of 3 things:
create the largest wealth transfer seen in the world as we all know it.
transform just a single industry/industries
- Do something somewhere in between 1&2
Let’s say I’m just some nutty pipedreamer/smoker suggesting number 1 is possible, do you guys moaning about a lack of exposure etc actually understand Number 2 and 3 will still probably make you wealthy beyond your wildest imaginations and will still happen with or without the current exchanges???
Now there appears to be unhappiness because you’ve all been fortunate enough to stumble across this incredible group of people at Maidsafe and had a punt on their vision and a chance at an astronomical return.
But for that, for some reason, now there’s complaining because your vision is obscured by your own greed wanting your neighbours wife (the financial success of other projects) for what is clearly only a short term win???
Really??? what the heck? did you fall on your heads or something?
There’s like only <1400 wallets with MAID (so prob 500 actual holders in cold storage) plus a few smart traders on exchanges who’ll hang around post a x10 gain. You are all in very rareified air just being aware of this project let alone being fortunate to have ownership of part of the network.
If you fully understand the above and aren’t prepared to chill out, put your tokens in cold storage and distract yourself for another year of two please go ahead and sell your stash.
I personally feel the first option I mentioned at the start (wealth transfer like we’ve never seen) is probably what is going to happen if David’s dream is fully realised and those who are there to benefit financially from it sure as sh*t better be emotionally and fiscally responsible enough or such a scenario will bite you in the rear end long term and the success (money) you dream of will turn into a curse.
Apologies for the swear word and pointy post, but appreciate how lucky we all are and take the time to look at your motives,…your wallets and your lives will quite likely be better for it when/if the dream is reached.
Before you flame me, even if you disagree with any of the above just remember I’m just a simple passionate supporter like everyone else here and want you to stick around