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Topic: Is MaidSafeCoin actually a thing? (Read 14852 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
January 25, 2018, 05:13:29 AM
Thank you Spoetnik, and the rest of the imbeciles who can't even understand what is relevant and what is not.
Your lack of technical understanding and your flaws in critical reasoning are making this invaluable asset stay undervalued. Keep instilling FUD, so I can buy even cheaper MAIDs... I guess this will work until they release alpha 2, it would be baffling to see people falling for the FUD once people can see with their own eyes that the proof of concept is more than validated and that it actually works as intended.

By then the price will be already actualized, and while you guys will become latecomers trying to jump in FOMO, I will be laughing all the way to the bank.


Yah, that never happened.  MAID is still vaporware and its price collapse reflects that reality.

The "FUD" was right and your silly FOMO-based pumping was wrong.

MAID's greatest (and only) accomplishment is beating Dash Evolution for the title of Shittiest Vaporware Scam Ever. Cheesy
legendary
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
July 28, 2017, 01:31:52 PM
The last time I checked maidsafecoin price, made me buy them.  I was surprised that this coin still sits at this price.  It is so undervalued in my opinion and i believe buying this coin today will give us a huge profit in the future.  Just hold and wait for the project release.
Yep, just think like you. the price will break the resistance level 20k sat soon after beta realise. maybe we will see 400k sat for 1 maidsafe some weeks later after beta.
Plz tell me how much $ is 400k?
You can check rate BTC/USD with preev.com, with rate in current, we have 400.000 satoshi = 0.004 BTC = ~11 $
newbie
Activity: 23
Merit: 0
July 28, 2017, 01:14:47 PM
The last time I checked maidsafecoin price, made me buy them.  I was surprised that this coin still sits at this price.  It is so undervalued in my opinion and i believe buying this coin today will give us a huge profit in the future.  Just hold and wait for the project release.
Yep, just think like you. the price will break the resistance level 20k sat soon after beta realise. maybe we will see 400k sat for 1 maidsafe some weeks later after beta.
Plz tell me how much $ is 400k?
newbie
Activity: 31
Merit: 0
May 28, 2017, 11:22:32 AM
The last time I checked maidsafecoin price, made me buy them.  I was surprised that this coin still sits at this price.  It is so undervalued in my opinion and i believe buying this coin today will give us a huge profit in the future.  Just hold and wait for the project release.
Yep, just think like you. the price will break the resistance level 20k sat soon after beta realise. maybe we will see 400k sat for 1 maidsafe some weeks later after beta.
legendary
Activity: 2884
Merit: 1258
May 18, 2017, 05:31:38 PM
The last time I checked maidsafecoin price, made me buy them.  I was surprised that this coin still sits at this price.  It is so undervalued in my opinion and i believe buying this coin today will give us a huge profit in the future.  Just hold and wait for the project release.
donator
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
May 18, 2017, 02:40:33 PM
Thank you Spoetnik, and the rest of the imbeciles who can't even understand what is relevant and what is not.
Your lack of technical understanding and your flaws in critical reasoning are making this invaluable asset stay undervalued. Keep instilling FUD, so I can buy even cheaper MAIDs... I guess this will work until they release alpha 2, it would be baffling to see people falling for the FUD once people can see with their own eyes that the proof of concept is more than validated and that it actually works as intended.

By then the price will be already actualized, and while you guys will become latecomers trying to jump in FOMO, I will be laughing all the way to the bank.

Thank you again for keeping the cognitive dissonance alive!
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 07, 2017, 12:28:12 AM
A decade long "investment" in a convoluted ICO scheme coin here is sketchy at best.

And no one did answer me either when i asked how much the dev's got and how they spent it.
Care ? of course not you are all smiley sleazy Investards eye ballin' ROI'z.
Reminds me of ETH and the fact i was the only guy in crypto who questioned how the poor pimple faced kid had 4 million worth of ETH to dump 1 million he claimed. (which i bet was/is far higher than he admits)

Stick to crying Troll & FUD guys.. logic & reason is not your strong suit around here  Cheesy

And by the way according to Fraudcache ole Butters should be in possesionm of about 6 million in ETH.
Wonder how he got it ?
Look at page 1 of my ETH = Scam topic from 2014 (you probably missed it because you were not here yet NOOBS)
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
March 06, 2017, 07:30:31 PM
#99
One half because of their own ROI on doing stuff with your money,
another half it's about CONTROL. I you would "own" your money you are ... more "dangerous".
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 06, 2017, 06:56:10 PM
#98
Your investment TIME is just as valuable than the coins..

When trading i have often had to gauge whether i should wait for the next pump to sell..
Or take a loss ASAP ?

TIME IS MONEY !

In order for a wait time of a decade to be profitable it had better have a 5,00000000% ROI
Why do you think banks want soooo bad for you to "store" your money with them ?
hero member
Activity: 1036
Merit: 514
March 06, 2017, 05:30:07 PM
#97
Their project is utopia dream, I invested in maidsafe in 2015, they said they would release the official product "soon". I started to buy from 8k sat to 5k sat, after I went all-in my 50 BTC in maidsafe, they dumped it to 3k sat, I was panic dumped and gambled with left 25 BTC, because I want to make money to cover my trading loss. But tragedy happened, I lost my all bitcoin, now after one and half year, it is still in alpha test, even not in beta test, hilarious slowest development in the world.

I hate it.

MaidSafe started back in 2006, predates Bitcoin and still hasn't launched a product.   That was warning enough back in 2014 ICO and should be a warning today.  Nevertheless, they must be very good con artists because there's still suckers lining up to give them money.

I'm surprised they had not made a top 10 list for vaporware scams.  They raised $7 million from their ICO and they also received millions pre-2014 (and even before Bitcoin was created).


Maidsafe had good concept, but never can be done, what a pity. I was so naive to trust them, from that expensive lesson, I learn many courses, first never trust a project or team with huge money, emotion, and trust. Second, invest efficient team, like Ethereum, not maidsafe 10 years without real release
I trust a man with an experience, what a big loss of BTC50 man, I'm sorry to hear that. You can get huge amount of fiat money for BTC50 right now and later when you need cash. Skeptical and awareness are needed before invest money into a project, everyone have to do research before join in, even though maidsafecoin has good potential but spend 10 years without real release?
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
March 06, 2017, 03:18:39 PM
#96

since the day someone questions the existence of Madesafe, they actually decide to put more value to it lol. if it weren't noticed by OP it may still have the value of hundred sats until now. the team is just waiting for it.

This project polarises blockchain tech in general.
How useful is blockchain storage e.g, and what advantages does it offer compared to existing storage tech.
NONE, quite the opposite.

What about the advantages of websites on the blockchain, are there any, for the average Joe who couldn't care less where his shit is hosted?

Decentralisation needs to make sense to be applicable.
If it doesn't, its just pissed into the wind, like so often before in the development of new technologies.

Cars were built with rocket engines or helicopter turbines, it didn't prevail in the market.

This is how I see MAID, as an example of what NOT to use blockchain tech for.

Err... There's no blockchain in Maidsafe.  Cheesy

i'm not an investor but really? that wouldn't qualify them to be a crypto.  Grin
legendary
Activity: 1610
Merit: 1183
March 06, 2017, 02:37:23 PM
#95
So today I took a look at this MaidSafeCoin.

I think the concept is pretty interesting. In fact I thought about if a coin like MaidSafeCoin could be realized long before I heard about it.

If you don't know what this concept is: You can offer some space of your hard disk as storage to the SAFE network and will in return be rewarded with coins for this. They call this farming and as I understand it this farming is meant to replace the mining you have in other currencies.

I find this interesting because this would actually be useful beyond just securing the network.

My question however is: Can this MaidSafeCoin actually offer a secure distributed currency like bitcoin is or are there any downsides of using this farming instead of mining?

I could not find too much information on the web that would clear this up for me. Maybe someone of you is a bit more familiar with this coin or point me to some detailed explanation of how securing the network is supposed to work with this coin.

Been waiting for them for a while to deliver a good update and finally get my stupid maidsafecoin tokens converted into proper safecoin tokens, but as far as I can see, they are still using the maidsafecoin tokens which were supposedly termporary tokens until the final software was deployed and the proper network was currently running, we were promised this a long time ago if im not mistaken, but looks like the software is still not released and we are stuck. I wonder what is next for this coin.
hero member
Activity: 742
Merit: 500
March 06, 2017, 01:18:54 PM
#94
Their project is utopia dream, I invested in maidsafe in 2015, they said they would release the official product "soon". I started to buy from 8k sat to 5k sat, after I went all-in my 50 BTC in maidsafe, they dumped it to 3k sat, I was panic dumped and gambled with left 25 BTC, because I want to make money to cover my trading loss. But tragedy happened, I lost my all bitcoin, now after one and half year, it is still in alpha test, even not in beta test, hilarious slowest development in the world.

I hate it.
Is it true? Thats shocking to hear.First i thought their concept is quite interesting and planned to buy maid safe coins, but now i have left my idea of investing in it.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
March 06, 2017, 12:15:01 PM
#93
This project polarises blockchain tech in general.
How useful is blockchain storage e.g, and what advantages does it offer compared to existing storage tech.
NONE, quite the opposite.

What about the advantages of websites on the blockchain, are there any, for the average Joe who couldn't care less where his shit is hosted?

Decentralisation needs to make sense to be applicable.
If it doesn't, its just pissed into the wind, like so often before in the development of new technologies.

Cars were built with rocket engines or helicopter turbines, it didn't prevail in the market.

This is how I see MAID, as an example of what NOT to use blockchain tech for.

Err... There's no blockchain in Maidsafe.  Cheesy
hero member
Activity: 2170
Merit: 640
Undeads.com - P2E Runner Game
March 02, 2017, 04:08:50 PM
#92
This project polarises blockchain tech in general.
How useful is blockchain storage e.g, and what advantages does it offer compared to existing storage tech.
NONE, quite the opposite.

What about the advantages of websites on the blockchain, are there any, for the average Joe who couldn't care less where his shit is hosted?

Decentralisation needs to make sense to be applicable.
If it doesn't, its just pissed into the wind, like so often before in the development of new technologies.

Cars were built with rocket engines or helicopter turbines, it didn't prevail in the market.

This is how I see MAID, as an example of what NOT to use blockchain tech for.
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
March 02, 2017, 01:47:10 PM
#91
Four more years of development without launching...  Angry
hero member
Activity: 630
Merit: 500
February 13, 2017, 01:41:44 PM
#90
I don't rate this project at all, a project that has been on before Bitcoin was and still in Alpha stage gives me something to mull about also is the issue of funding, I don't think the foundation is well funded enough to see the project through
legendary
Activity: 1568
Merit: 1031
February 13, 2017, 01:32:54 PM
#89
The project is being developed for 10 years now and they entered to the Alpha phase not a long time ago , I personally find it a very interesting and I think It's going to be successful , the beauty of it is that It's not only for storing your data but It could be used for encrypted chatting , having SAFE websites that are supposed to be more secure then the Tor network and much more. I have my concerns about the governments standpoint but hopefully everything goes as planned.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
February 13, 2017, 04:51:54 AM
#88
Precisely...All markets are pumps and dumps.

Some markets are regulated by law protecting investors.
Some markets are for "currencies"
Some markets are for currencies actively being used as such.
Some markets are for "one day" ICO scheme "coins".
Some markets are outright scammy bullshit.
sr. member
Activity: 503
Merit: 286
February 13, 2017, 03:38:45 AM
#87
it sounds like a great idea, and once it's up and running, why wouldn't I use it to store my data - redundant, secure, accessible from anywhere.

But what is the purpose of speculating in maidsafe coin? As Maidsafe coins are going to be used to purchase storage space, and will be paid into the network to store data, then the value of maidsafe is equal to an amount of storage. As storage gets cheaper, the value of maidsafe will go down.

Now it may be that it is currently undervalued, and so it could make sense to buy it now, but how is anyone able to place a value on the coin when the market is not live? What is justifying the $82 million market cap?
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