MaidSafeCoin (MAID) - Price & Trading topic


#900

I just heard it was all done and the release date is this Thursday!


#901

where did you hear that …? (sorry for being a little bit skeptical … but sounds a little bit like fomo to me)


#902

Lol, unless you just heard it from maidsafe I’m going to go ahead and say it’s just someone speculating… sadly :wink:


#903

I am jesting totally

20 chars


#904

Missed the move from 0.0001 to 0.00013 :tired_face:

Was trading BTC/MAID in the 0.0001 / 0.00011 range and just when I converted to BTC it jumped to 0.00013. Of course I wasn’t trading the bulk, but wouldn’t mind getting back some MAID at 0.0001. So there better not be a release this Thursday :stuck_out_tongue_closed_eyes:


#905

@Kreckc, I like your courage to trade, personally I have held through every up and down, although every time I think I could have sold and bought back later, but hindsight is such a wonderful tool :slight_smile:

Looks like there is alot of optimistic expectation, makes one thing when the release comes through - well price may just go nuts.


#906

Yeah I always kept a minimum amount that I wouldn’t trade. Since I don’t mind holding either BTC or MAID (both will increase in value IMO) I figured I’d try to trade the swings. I actually bought myself a new gaming PC with some of the profits I made in december 2016 :innocent:


#907

yeah I was trying to figure out if your logo pic was a skyrim coin or something :stuck_out_tongue:


#908

It’s the Targaryen logo from GOT :slight_smile:


#909

Still gotta see that sometime lol


#910

Dang that was quite a drop today, 229 BTC. Looks like a whale is trying to run the stops and scare out some (hopefully last-minute) margin calls.


#911

Its the Pump&Dump we used to see last year for a while where the whale(s) would buy up prior to update release and FOMO would cause others to buy up too. Then they dumped before the update came out while others are still buying fearing missing on the next big MAID price rise.


#912

But why wouldn’t they hold through the pump? One other possibility is that it’s a “test pump.” Have you read this article? https://cryptofrenzy.files.wordpress.com/2014/02/god.pdf


#913

The Whales create an extra rise by buying up while it lower and expectations of a BIG announcement are rising. The others who fear missing out on some BIG announcement causing the price to rise forever buy up too.

The whales take advantage of this additional rise and cash out and move onto the next market.

The whales don’t want to tie up their funds. The can get 8%-20% from successful pumps and dumps and do this each week. Why hold? Of course you need big funds to be able to pump&dump


#914

5 posts were split to a new topic: An academic paper that examines the benefits of adding bitcoin to a portfolio of assets:


#915

Well that was off-topic and worthy of its own topic, I have moved the posts to a new topic (see split message above this post)

Feel free to continue the BTC academic paper discussion there


An academic paper that examines the benefits of adding bitcoin to a portfolio of assets:
#916

The last 15 minutes the price of MAID has gone up roughly 15%.
Anyone an idea why?
Someone with a lot of money has seen the light or some news I missed?


#917

Someone bought up nearly 500btc in a bit of a rush. Feels a bit suspicious for being in such a hurry, but meh. Better up than down :wink:


An academic paper that examines the benefits of adding bitcoin to a portfolio of assets:
#918

Loads of coins have had big pumps & dumps over the past week - maybe some whales decided it’s Maid’s turn. I’d prefer it if there were a more sound explanation, but this seems to be the reality of short term crypto currency trading!


#919

My guess is it will go to 65 or 70 Mil and then slow do again. When you think about maidsafe, I kind of think that its likely ahead of Ethereum with their planned move to POS, things could get interesting. Not sure what the latest is.