Topic: [Ann] Safecoin maidsafecoin - page 4. (Read 76645 times)

No more updates since the 4th of august.

https://github.com/maidsafe/MaidSafe/wiki/Roadmap

there is the road map for you to keep track with

and here is a latest update from the maidsafe.org forum:
https://maidsafe.org/t/dev-update-week-beginning-30th-june-2014/608

starting to seem that way.

one hell of a scam if it is one.

So...any word on if/when the safecoin network will get rolling?

Scott Mackenzie

Scott has almost 10 years experience in Graphic Design and Web Development. He spent 3 years in his last role in a Glasgow company before joining the team at MaidSafe. Scott enjoys playing football, house music and a bit of golf. He lives a quiet life and you can normally find him sitting in on a Saturday night reading a novel with a cup of tea

A donated a bitcoin from a blockchain wallet on the day, no sign of any life since.

What do I do now?

what does it mean if you get a consensus warning?

Yes it works.

My maidsafe have been in "Consensus Warning" for five days, showing in mastercheast but not in omniwallet, what to do? Just sit back and wait?`
Thanks

does it work?

has anyone tried moving funds from omni wallet?

Actually, they did set it below market price.  Way below.

If they let the deal go with no price fix, people would have to buy a shit load of MSC where there were few sellers.  The 'market price' would reach .2 in just a day or two once buying of MSC from the open market commenced.  Since the open market did not have sufficient supply, the dev team had to make the price fix.  If MaidSafe investor were forced to buy MSC ONLY from the open market, the price of a Mastercoin would surely have exceeded 1.0 because the supply of available MSC was far less than that needed for the funding level of the MaidSafe project.  This would have caused MaidSafe investors to grossly over pay a few MSC sellers who would profit 20X or more.  Mastercoin dev tried to reach a middle ground with .2.  In hindsight, that didn't work so well.  But it was an attempt to prevent a serious run up due to under supply of MSC in the open market. 

If it were possible, and it was not, to put limits on MSC Whales everything would have worked.  Unfortunately, you can't put limits on MSC whales.  So you get what we have right here.  I don't like it any more than you do. 

'market price' is a tricky term.  I don't know what the 'correct' fix value should have been.  But I wonder what would have happened if it were set at .10.  That may have prevented MSC whales from jumping all in in the first hours.  Too bad we can run the experiment again.