There are some projects that had promise 2 years ago that are starting to show that the cooling off period allowed them to actually catch up on the tech. I believe we saw the same relative rises last time pre halving but the real party was the following 18 months with levels of fluctuations. It would be horrible and very damaging in my opinion if by the end of this year there is still no product to show at all here because you can’t keep brushing off parabolic cycles and say “we just weren’t ready yet” another time. Things are starting to heat up but we are a very far way from a frenzy again. People will start paying attention again at BTC 20k.
Agreed. To best capitalize on the halving sentiment, I think a working network needs to be in the wild by year end. That would require release of Fleming and Maxwell this year. Hopefully, Fleming’s broadened scope will decrease the development time for Maxwell. If beta hits by early 2021, I don’t see why this won’t be a top 5–if not higher—project again. A market cap in the top 5 would provide development funding for years to continue to enhance SAFE.
I’m suddenly reminded of how many videos are out there that bombard people’s e-mail boxes with upcoming troubles in the world and offer investment advice, but don’t say what to invest in until after you buy their information. I would imagine some of those would promote cryptocurrency. That’s just one of the ‘invisible’ forces that could lead to some crazy tipping point. I don’t know what it’s like to be the many people yet-to-be-interested in cryptocurrency, seeing as the sphere is so old-hat to me (BTC and first alts I’ve already dabbled in, and now sitting in MAID for 5 years)—but so many others have no idea about all of that, and will be apart of the future participation. Even beyond the ‘many’ who have also dabbled in this stuff in 2018 or whenever the “crazy” crypto rush was, there are always more. The crazy is just beginning, whether it be now or this year or the first few years of this new decade.
MAID is unique in that it doesn’t have a blockchain, and generally is a completely separate entity. So that has its advantage, on top of its obvious other, already inevitable mass-utility. Worst case scenario is that people are so satisfied with a potential non-SAFE future, that SAFE’s eventual future creation coincides half-and-half with people’s BTC etc. familiarity. Maybe non-SAFE stuff will just slowly sell off and wither away, also.
I’m not sure I understand what you’re saying. Are you suggesting like “constant contact “ version of promoting maid to bring people on board?
I hope this doesn’t put David and the team under undue pressure but it would be marvellous
The reality is either it will be done or it won’t. Us talking about it isn’t going to cha he anything. I think it’s just more of a map of reality, not scrutiny.
I think most of us thinking the same: this year is critical
I’ve got a bridge to sell to anyone who thought the BTC futures was designed to normalize or mitigate manipulation in BTC trading… I think it’s one of the biggest specters hanging over how the upcoming halving plays out.
a 2-3% drop is hardly what I would call major manipulation. If anything it kept the bulls in check from manipulating the price unrealistically high. Don’t forget we are up like 300% since last year. I would say right now what the market needs is control rods so the nuclear reaction doesn’t run away.
What’s your strategy for investments with what’s going on with markets worldwide, kinda off topic and this may need a separate thread but I mostly mean stocks, personally I’m happy to leave my crypto as is.
At this point I am favoring gold / mining shares (ETFs) given the money printing at hand and yet to come.
I luckily managed to mostly get out before the first Monday crash and am on sidelines now with stocks. Bonds untouched. I may start to start DCAing back in soon with 1-5% at a time, but I don’t think I’ll put the block of money back into stocks (I mostly just do broad market stuff) until we have clarity on spread in the US and other western countries diverge from their exponential trends in new cases. Too many unknowns: quarantines, lockdowns and collapse of several highly leveraged sectors are all potentials. Looks like Russia wants to turn on the oil taps and put serious hurt on shale and the rest of OPEC. Possibility of long term health effects from COVID (check out what happened to SARS victims… lung fibrosis and chronic fatigue).
Otherwise, keeping and slowly adding to crypto, slowly adding to bullion.
Break even oil price for Russia is $40. They have to turn on the oil taps to fund their wars. The Arabs will be suffering with current oil prices
Wooo virus is taking a serious toll on Oil and Crypto market now with fear. Hopefully we bounce back, would suck if 2008 starts to happen all over again. No fun seeing 401k’s see a nice 50% shave over the coming months, then again the economy has been on a massive tear so maybe the virus is just a long due catalyst to bring us back to reality. Hope the elderly take heed anyways and stay indoors as much as possible until this blows over, seems to not be too dangerous for most folk under 60 with proper flu remedy meds and access to water/food. Maybe I will be a buyer of ETH if it goes sub 100, and BTC if it sees sub 1,000 (hopefully unlikely but beats me, crypto has ever seen a real recession).
The fed can control the interest rate & print money (effect millions holding their token)…
People holding crypto can control their sell price (print more money without issuing more coins), issue more coins, burn coins etc…
What’s pretty we!rd about the cryptospace is that a coin has not pop up yet playing the game “Let’s print what the fed printed” . Hmmmm if every Maidsafecoin holder put their selling price to $372, we would have printed how much the fed printed and solved Maidsafe’s financial problem. Hmmmmm who would buy a $372 Maidsafecoin? Probably the same people who would buy a $7700 btc…
What a cute idea…
When they say “inject” they mean “create out of thin air”. The Repo market is now over $650 billion to prop up insolvent banks. The Roosters are coming hone to roost
The thing is the cryptospace has not figured out yet that crypto = printing money. Every cryptocurrency is a stablecoin, you just have to pair it with a fiat. On Kraken.com you could collectively set the price of XTZ at 1000 euro’s and that would be it’s price. If nobody buys you don’t care because your still receiving staking revenue. Even the merchant could except it, because if everybody is selling it for that price… We can now vote with our money and all we do is pay up people to regulate us (lik they know better) and ignoring who can really set the price
6k btc up for grabs.
How low will she go.