Poloniex trading thread

Well Sia you could say has a currency that is also backed by data. Unfortunately its market cap is $235,867 at time of writing.

You are getting a discount if you already hold btc, if your holding fiat then the discount is almost non-existent.

All I know is less than 2 days ago I bought 17K (despite saying I won’t) and I’m down on that in BTC (and more in fiat, of course). It’s bad, altcoins are suffering pretty badly. I again sold all my MAID, thinking this could go on for days.

Problem is noone takes them seriously there’s like 50 farmers. But even if there was 500, I don’t see how that would change things for them. The s/w is not production ready and - this is very important - the market cap you mention is just the dollar value of coins that can be used to store shit on the network. However, it’s even worse than MAID, because miners can set their prices, so it sounds like BS - what’s the difference between buying Sia and waiting to use it and buying Sia once you decide to use it? It seems logical one shouldn’t buy any until the moment he needs them.
They also have another thing called Sia Funds which I couldn’t even figure out what the hell is that for. Plus the company has their own thing going on and shareholders, so what’s the point. I considered, but I resisted as logically I don’t see a point. This isn’t to say I won’t buy them in a moment of weakness :smile:

all alts are going down, look at bts, its marketcap is almost equal to maid’s :open_mouth:

So like…

MAID should increase 10x when the alpha or so or safecoin is finally out, looking at ETH’s market cap right now. At the least: 5x.

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BitShares: LOL. 30+ % down today. Check this out - the pump prior to v2.0 and the dump after that. Plus a long term chart that’s going to 0.

But… but. they can do 100K transactions per second and bitcoin barely 3.5!
Hilariously they even have a referral program and some people were pumping Bitxx Hairs on this forum too.

:joy:

I cut my losses in MAID about 10hrs ago, it wasn’t easy but by now I would have lost more. It’s tough out there! The maniac has set a new sell wall at 5000.

As far as we know, you will have no losses until you sell.There is no math there is only crowd psychology. If the crowd sells and I sell. To resist is difficult, but possible :slight_smile:
I have more than 200k and will not sell.I can wait.

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I don’t disagree, it’s just that I had to limit some of my losses at this point.

At the moment there is only 55 BTC of buy orders at any price. 10 or so days ago the figure was 130 BTC or so. It takes just a handful of larger MAID holders (let alone the super-dumper whale) to halve the price. I’m not saying that will happen (I think the price will go up once alpha version is out), but until then anything can happen. I haven’t decided against creating some buy orders in case the price slides further.

I don’t want to argue.I like be dealing with the brave individuals.Sorry.Time will tell.

I had liked your above post and said I agree with you.
I have nothing to argue about your views, I just said while I think MAID will jump following the next dev update, I can’t take the volatility any more. Probably you don’t agree with my lack of bravery, but you can’t know why I had to cut losses. Maybe I have to buy medicine for a sick relative or something. I don’t think you have much material for making objective arguments in this case.

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MAID is being relatively stable during this BTC bull market, makes me believe the bear market for MAID is probably over. I would imagine that any whale wanting to get out of MAID would have dumped today.

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True, it looks like the accelerated dumping ended in late October. In very recent days the volume’s been low (unlike with Bitshares where more than 1K BTC changed hands in the past 24 hrs!).

However it doesn’t take a lot to move the price down, so a lot also depends on the remaining buyers.

So we’re down to 39xx.

It seems the good news from the latest dev update weren’t enough to put the AI bots in panic buying mode.

What’s next, 29xx or 5xxx?

What good news? the latest dev update wasn’t good news. or am i missing something?
I was under the impression that after this dev update we were going to have a CLI connected to a broad network.
so for me it was a bit of a let down. Ben is going back home. That doesn’t seem to encouraging to me.
I would’ve loved to have seen the network up and running so maidsafecoin could sky rocket pass at least .0001

Things aren’t going to be truly taking off like most ignorant people think they are (with coins and worry about profit or whatever) until December or January, sorry. (I think that’s the safest people can hope for without getting too far away, like dare I say February.) Luckily, there are far more other alts with actual volume that people can sell, and leave poor old MAID alone…

As an interesting side note, Final Fantasy XV has also been in the works since 2006, and is also finally being released in 2016. Lol.

All time low! (buy?..)

Well, relatively speaking, it’s good (compared to before). Yes, some critical bugs caused another delay (my guess, by up to 1 week), but compared to before it’s better.

I think you may be missing a point I mentioned 2-3 comments above which is that the newly emerging issue is that buy orders have been evaporating. Just 5 hours ago (in that comment of mine) I noted there were 55 BTC worth of buy orders. At this moment there’s 21 BTC.
From recent comments it seems I’m the only guy who sold my MAID while most other people are eager to buy. Yet Polo data shows that 80% of buy orders evaporated since 7-10 days ago then there were 130-150 BTC in active buy orders. Maybe the pessimists don’t post here, or maybe not everyone who says “great chance to buy more MAID” is telling the truth. Probably the both.

In BTC, yes. In USD, no. BTC has an extreme surge, so it’s no surprise that people really want to hold BTC now.

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I kinda understood you to be calling me ignorant. I really hope that maidsafe succeeds but I have to keep critical and not follow blindly. I’m not surprised that you would think a breakthrough is 2 to 3 months away.

haha, i have earned 60k maidsafe during the panic sell, thanks panic dumpers!!

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