Poloniex trading thread


#377

Well poloniex has 50 million in one address. so the other top 9 have 200 million

1Co1dhY…WWE address I couldn’t be bothered type the whole address, its listed somewhere above

amounts in the top 5
50,000,000 1Co1ddhY…
45,130,133 19h9LpXH…
21,510,826 1Acvq7Q3z…
20,420,521 1BdJ3y2YV…
11,474,837 1SaKsp4qs…

148,536,317 Total help by Top 5 and poloniex (multiple people) is the top

Next 5
8,261,071
7,756,523
7,616,000
7,096,283
6,402,478

Total of 186 million
or 136 million excluding poloniex


#378

every altcoin is going down, be calm


#379

I now have 0.5btc from selling small fraction of MAID. Forgive me…

lol sorry for melodrama, just think it’d be pretty cool to at least have 0.5BTC if china goes full ******


#380

Says he who made 60K trading on the dump :smile:

You are correct though and the real $$ value has actually gone up since 10 days ago.


#381

Bitcoin could potentially double or even treble in price but safecoin could easily increase 10 fold if it gets the same network effect. Its understandable people are dumping atm with what going on in the chinese bitcoin exchanges but in the long term safecoin will hopefully prove to be a wise investment, I would choose buying maid now as a long term play over any other altcoin.


#382

I bought my maid on 7-8k sat, i just wanna increase my maid to decrease my average buying price


#383

My data is based on the April 25, 2014, just after the IPO.
TOP 10 LIST


#384

so now we can compare current top 10 & IPO


#385

Better late than never. 8d ago when I mentioned the seller(s) may have tens of millions more, you were still upbeat.

Now we’re little over 3.5 BTC away from 2xxx and it should be clear that very few (if any) of the remaining buyers are those who shorted MAID. The price was brought down by dumpers, not those who shorted. Those who thought “speculators” where shorting MAID also tended to think there will be a quick rebound. But because they have been simply moving (part of) their holdings into BTC the chance of rebound has been low. They don’t really care how much they get for their MAID, and they don’t need to buy it back.

Edit: so we are finally in the 2xxx range.


#386

Price will likely remain volatile until Masterexchange closes on Nov 15th. We’re probably looking at 1-2 more weeks of volatility. Probably a very good last chance to buy low.


#387

I think the dumping is unrelated to the closing of MaterXchange, but we’ll see.

About your value call, I was just going to post a separate topic but since you proposed that I can ask my question here:right now I can buy about 40K MAID with one BTC, or approximately 400/40GB or $10 per GB. That is still more expensive than a high end commercial hosting service would change for data storage. I can name scenarios in which Safe is a better deal, but also those in which it is not, at this price; “on average”, if there was an average user, it is still not unbeatable proposition but it is suitable for carefully selected use cases.
In order for Safe to remain competitive the price should not recover, including the fiat price of BTC.


#388

I’m not in it just for storage, the value of Maid I see is that I can store anything and no one else can access it.

Many Thanks
Al


#389

The initial price of 1 SafeCoin per MB is only a starting point and will rapidly change once the network starts running. It’s not a peg. I’m pretty sure at day 2 of the network you’ll at least get 100 MB per SafeCoin, and perhaps even several GB after the first week.


#390

Investors lose money, and you say:

Thank you!!!


#391

we all lose money in MAID, except those MSC buyers in IPO.


#392

Are you saying given a choice, limited budget (say, $400) you think a person focused on ROI should at this price point rather buy and hold MAID than become a farmer?

Come on, man, just 24 hours ago when I said I thought the price was too volatile and I exited MAID, you criticized my cowardice.

I documented, argumented and shared with the community (in comments above) all my expectations for MAID price moves since 7000 and even posted results of hours of (simple) research I did on the dumping whale.

Edit: fixed typo, quote formatting


#393

The guy (janitor) admitted he sold all the coins and probably wants a very cheap entry point. Don’t expect him to be bias free. Why is he still here if he sold out already? Why is he so interested in the price? Bad, bad janitor. :slight_smile:


#394

Yes, I think it’s smarter to buy MAID now and farm with the hardware you already have. In the end it is appreciation of SafeCoin that will create ROI. I think that if you immediately sell what you farm, you’ll roughly break even or even make a loss, similar to mining BTC. So farming profit is also dependent on price appreciation.


#395

Trader tip #1: Don’t expect anyone here to be unbiased. :smile:

Seriously, most people in ‘threads like these’ (not saying the people in this particular thread) are in these threads to influence or convince other holders/traders with their ‘knowledge’.


#396
  • I declared my positions almost immediately after I entered and exited them, which except for Fox and maybe 1-2 other guys no other person did.
  • As I said yesterday it turns I am the only guy who’s sold, while most said they were happy to hold and add. Anyone could have followed my moves.
  • Being long is not a condition of participating, let me know if the rules changed!
  • If nobody sells, how are people going to buy MAID? (Besides I had less than 100K, which makes me completely irrelevant to the price of MAID). The core principle of our future SAFE currency is that farmers will not hoard, but sell earned Safecoins!
  • Among other things, as you can see from my query about $/GB above, I am trying to figure out if I should buy MAID or focus on farming instead on trading.