MaidSafeCoin (MAID) - Price & Trading topic


#5989

Ah. I only watched it now. I’m the cynical algo trader maybe? (The algo is under refinement atm haha)

I don’t care about crypto as much as I care about using it to make money, thus the qualifier. Though I do have one and a half good ideas about using crypto for great good but that needs more money to start with.


#5990

Sorry to respond to this twice but I did a quick calculation and the result is quite impressive and very relevant to what you wrote here.

I fit crypto returns with a Student’s t some time ago and I got something between 2.1 and 2.5 for degrees of freedom in most cases, with 2.35 being a typical value. These values closely matched a research paper I found somewhere at the time so I consider it safe to go with. Not to mention, it’s much easier to overestimate the tail exponent than to underestimate it, which means we usually err on the unsafe side.

The variance of a Student’s t is df/(df - 2) which is about 6.71. What this means however is that … (bunch of stuff deleted because: read on)

Ugh, I slipped past the Ballmer peak and my mind is not working very well atm. So, the difference is between the population variance and the square of the sample standard deviation, and it’s much smaller, on the scale of 1.5 for a thousand samples. Not so dramatic, but still important.


#5991

12 posts were split to a new topic: Discussion about holding stablecoin


#5992

So how low are we gonna go ?
Opinions?


#5993

I have stopped buying. I will not sell.

I now think sub $0.05 is a possibility.

I have a comfortable initial buyin, enough not to play the FOMO game.

Just waiting this crash out.


#5994

8 or 9 cents is my guess :slight_smile: . Prepare your wallet :smiley: .


#5995

My thoughts on the crash…

Bring on Alpha 3…and maybe ummm Bittrex International :wink:


#5996

… I just cannot believe the attitude of some people I know. Doesn’t anyone know proof by induction? Is it not on the UK syllabus anymore?

From my point of view technologically SAFEnetwork is inevitable. It will be delivered successfully.

Global politics is another, and… Damn, global govs are so slow.


#5997

Well waiting for alpha 3 we do have to bet on prices.

We should all put 100 Maid on the table and guess what will be the rate December 31st.

Winner takes it all.


#5998

Mr swissprivatebanker. :slight_smile:

I’m partly counting on you to pick up business from the rest of us noob’s here, when it comes to independent financial matters.


#5999

Lol when Maid moons, I ll help you all cash out I promise. But then really I might just retire eventually :wink:


#6000

I remember there was an end of 2018 price prediction topic on the old Maidsafe Reddit. Lowest guess was a bit over $3. I think most have learnt their lessons when trying to anticipate, well, anything crypto :laughing:


#6001

Getting ready to back up the truck for my seasonal present to myself. Thanks to this swoon, I will hit my target holding after almost 5 years of accumulation. Best of the season to everyone.


#6002

Beep. Beep. Beep. Beep. Beep.


#6003

I’m not so sure how that will affect the price though. I have foolishly bought into MAID a couple of times before or during earlier releases, like Alpha 2 and PARSEC, just to find out the price went down soon after. I think that may well happen again. There has been an upward trend recently, which I think has been in anticipation of Alpha 3, but it has been shadowed by the collapse of bitcoin now.

I don’t think Alpha 3 is much of selling point outside of this community. If I understand it right, it is just about getting part of the system work, but there isn’t anything that is actually useful to anybody. So is it something that would get more people to buy MAID? Who are these people that are supposed to buy? How many of them are there?

I would be very happy to be proven wrong though.


#6004

I think its the most usefull part of the whole network as David stated.


#6005

Hopefully before long, you’ll be very, very happy. From the MAID price perspective, Alpha 3 should, at the very least, mean people won’t hurry to sell MAID at every BTC dip, as they should feel more confident about the progress.

You also need to realize there are people following this journey and even reading this board without ever contributing or engaging. It’s not necessarily this community only. It’s plenty of people who have been rather passively following this project since the ICO.


#6006

Love that last paragraph :slight_smile:

I agree with @Toivo re little price action, the ‘Bring on Alpha 3’ was in my best William Wallace war cry!

Development targets are what I celebrate, price sorts itself if the mission gets completed as intended.


#6007

Yes, I’m in this for the long perspective and not so much concerned about every price movement. I have just been thinking during the releases that “now this going to be a clear step up in the long term price”, just to find out that has not been the case - yet.

I don’t know what kind of MAID owners make these price movements? Are they naive small investors like me, who genuinely believe the next release is going to change something in the price of the coin? Or are they more of a loaded and experienced investors playing the “buy the rumours, sell the news” game?

Anyway I’m happy of having contributed my small money in the benefit of this project, however it turns out to become. It is a vision worth pursuing and supporting with whatever you have.


#6008

So how can I use it and for what?

EDIT:

I have the view that most “anybody” can do with the Alpha 3 is setup a routing node and this way donate resources to run the Alpha 3. Nothing more. I might be wrong here.

Alpha 3 (Fleming) is going to be:

“Secure Autonomous Network: an autonomous secure routing layer that will see the network architecture becoming more decentralised, enabling users to run routing nodes and providing secure transient data in the process”

What does that “… and providing secure transient data in the process” mean? Does it mean that users can provide transient data, such as some kind of messages? If so, that is exciting and more than I expected. And if that is open to people outside this forum, I would expect some price action too.

We’ll see…