Bitcoin Forum

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.

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.

For my taste the concept is pointless. Why de-centralise the web, whats the advantage of that for the average Joe hosting a website.
Storage on a public blockchain has too big an overhead. For what?
It may have applications for private clusters, but there I'd rather go with SIA.
What they came up with so far is rather poor, I tried it and was quite disappointed.

But as a pure speculative investment it is very interesting.
Should be part of every portfolio.
It will be pumped up big time with every new release, big money behind it, no matter whether its useful or not.

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).

You might want to look on Burstcoin it's far more profitable than any harddrive based crypto currency,it can easily be mine by any computer all you needis a large space of harddrive and they had a good potential in the market and their community is growing as well.

A "one day" coin.
Another in the long list of one day it will be big "coins"

If a coin was good it would be obvious at the start.. not dropping in price over a span of years going no where.

If you can't recognize a currency that can compete with Bitcoin WHEN IT LAUNCHED then you are an idiot.
And you deserve to get stuck with bags.

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

$7+ million dollars is more than Skycar and other famous vaporware. 

it's funny how some idiot on the internet can blame a project made of talented, passionate people just because they aren't able to trade. do you know that as today maidsafe is trading around 12k/14k? if you was a good trader you would be rich but instead you panic and sold, your fault.

yes the project takes years because the scope is gigantic and they aim to create something needed and useful (considering the time we live)

Sorry for your loss dude, but with a capital of 50BTC you should have at least taken a risk management course.

Rule N'1: NEVER-EVER enter all-in in finance.
Rule N'2: diversify your portfolio
Rule N'3: NEVER AVERAGE DOWN your trades. You could have entered in better markes, with a positive trend (not reinvesting in a down-trend market)
Rule N'4: have a long term strategy or stop-loss plans before making a buy order. Right now you would have earnt 80 BTC (50*1.35) at least, with a double USD amount (MAID/BTC = 10K+)
Rule N'5 (in cryptos): study always the emission rates and profitability. The Rodamap it's totally irrelevant, as Informations in the development (that are made just to fool investors)

Experience as you can clearly see has a cost, but it's better that you anticipate it with cheap common knowledge, not big financial mistakes. MAID it's totally unrelated to your loss, it was just a wrong risk management that made your loss to happen.

These are basic rules, cryptos are no different.

Maidsafe coin is one of the project I always wonder why is it in the top 10 on coinmarketcap.com, I was told the project is older than Bitcoin and still no product in market. Maidsafe is one of those dream of building castle in the air project.

Alvin said maid will be pump in this month:) what do you think about this? we have 13k already https://twitter.com/onemanatatime/status/820976498077110272

Nevsky, I thunk what pump will bee very soon but not in this month. I think that the schedule is specifically written to confuse traders

Who knows, maybe you're right. And he wants to sell his MAID beginners quickly.

That's really bad but it really happen,glad that you posted it here now investors will have a second thought investing here and if they invest they will not pour everything,I have not gone to their thread but they had a very active thread in the altcoin sections..

I was interested in maidsafe few months ago all because a lot of users are trading with it, I check it on coinmarketcap and their volume is ridiculously crazy that I'd wanna get involved. But come to think of it, why are the people in the forum not discussing much of it. Its then that I lay away from it.
I don't really see people in the forum voluntarily promoting it on their signature as well.

MaidSafeCoin is probably the longest awaited crypto project up to this date. Projects like these have tendency to never be finished.

Their development progress is amazingly slow and so far, AFAIK, they didn't answer the 2 most important questions:

1. How they will guarantee data permanence stored by users?
2. How SafeCoin token will actually be distributed? Reward system is not implemented yet.

So madesafe is not even the coin ? LOL
SafeToken ? Not implemented yet ? hahahhahahahah

Reminds me of Kim Dotcom's / Max Keiser's "StartCoin"
Just wait that will be pumped to fuck and back eventually with mass hype.
Kimmy's probably fighting to get pump money released from Tokyo though..
They have been suspicious quiet about that coin here.
No.. there never was an ANN topic here for it either.

..more ponzi bullshit  ::)

you guys some time look like those old farts in a pub talking shit about things they don't know a fuck about while drinking loads of beer

something like maidsafe is not as easy as building a website or cloning a repo and find/replace some code, you should read about the history of the project and read what they want to accomplish and if you are even a little bit into technical stuff you would realize how difficult is what they are trying to achieve.

if then people follow any light like brainless flies and throw money at everything in the name of some damn ROI, that's not related with the scope of the project or the people involved

it's so easy to scream SCAM, everything is shit and whatever, but why don't you show some balls and contribute to rewrite the networks and internet infrastructure to achieve the freedom that we lost already long ago?
and to be honest, not having implemented the monetary system yet is only a positive fact because there are way more important priorities than that

Regart'less o' the parts o' your diatribe there that is true, it definitely do seem like this project ain't going nowheres.  If'n it was, it would have already.   I agree 'bout the fart part o' yo post.  An' the ol' white crackas up in here don' even git along wit' each otha.

I can see that the cryptocurrency has a good position in the coinmarketcap website, but the question is, are these more than four hundred million coins the total supply, or is part of the supply in the hands of the developers?

So you bought high, sold low and that is somehow the devs fault....

My fault because of team leader lied to me? You are pathetic and can't find the truth, my fault was that I trusted them too much, too devoted to the project, I kept buying for half year, and the price hit my bottomline. Again they delay and delay, I bet they can't release the ultimate product before 2020.

..scam

If i didn't make ROI'z then it's a scam bruh !

I am curious about the fact that this project does not use blockchain technology. Even if it does not pay to invest, I think it's worth learning how this works.

I highly doubt irvine or nick would lie to you.....

I bought in at ico.  Were 1000% up  and theres been plenty of chance to trade and make more.  I bought at 3k sats and sold when it went up.

Yes the project has taken longer than anticipated.  Thats life.  Things are progressing nicely.

They are coins sold to investors to raise funds.
There will be more coins, but new coins will only be farmed when data is stored to the network, which recycles coins.
So inflation should not be an issue.

You can check the forum for more infos.

https://safenetforum.org/

I still think maidsafe has a future. Not all projects are overnighters

Maybe it is not easy in the sense that it is not easy to manufacture a car made purely out of cheese. Or an aeroplane out of meringue?  :D

You'd think that a project with such an old (relative in crypto terms that is) history and even a presence on trade platforms might be a little more discussed, but I actually only have seen MaidSafe in passing on this forum, though recently it was a top 10 on the list of highest-performing Alts for 2016, in terms of price/btc.

With all the millions referenced here, it's difficult to see why it hasn't taken off until now...

It has hit this price a few times.

Yes, friend, I agree with you. You can not scream that the maid - this scam. This is a serious Projects with a long history. People just want to get profit here and now then just react.  :-X

I also heard a lot about MaidSafeCoin and what I have heard is very optimistic. Perhaps now is not the best coin images looks due to BTC. When BTC quieted his MaidSafeCoin pumping and you will be happy

Back in 2014 I actually thought it would be a project worthy of investing, However the project seems to have frozen in time and few or close to no development was made. It seems that the project was abandoned

Oh quit fudding.

The project was abandoned? This isn't fud Minecache, this is an outright lie. Can anyone tell me what is the purpose of this forum? To me it seems like Spoetalk. The more I read, the dumber I get. Last time I looked, 6 miners control BTC. Nothing to see here.  ::)

Why is the development of Maidsafe taking so long by the way?
I've never been to their forum, it does look like there are people discussing there and most likely they are the investors of Maidsafe. But why seclude themselves here?

I checked both their forums and both are very inactive compared to other alternate communities.

I read some interesting messages about how they weren't willing to spend $150,000 for a mobile app.  Doesn't make any sense when they have probably accumulated more than $10 million from investors since 2006 - where does the money all go, except for the obvious ("bonuses" for  the executives?).

Also I noticed on their official developer forum, it seems the last updates were from October 2016.   It seems there was a recent announcement in January 2017 but it was just saying they were workign with Glasgow University and trying to hire 12 developers but only found 2 candidates so far.


Is this really acceptable for something which started back in 2006 and entered crypto in 2014?  They seem to be taking this at an extremely leisurely pace and why didn't they hire the sufficient developers years ago?  It seems to be a mismanaged project but being around since 2006 with nothing to show for it was already indication of that.

Weekly updates:
https://safenetforum.org/c/development/updates

even with all the updates, i think they are not the right dev for this project.  its been years already and nothing ever has been seen online that's visible to the outside world. they're lucky to have investors that don't shout scam or have they shut them down already and banned them even here?

What does BTC miner centralization have anything to do with my incessant harping here about CENTRALIZATION ? LOL

Please note, this is the ALTCOIN section.

Spoetalk ?

You bet your god damn fucking ass NOOB.

You scammy ass little shits showed up here waaaaaay after i did and fucked this shit up so bad i quit trading pretty much and i am sick of it.
GTFO out of my scene little scammy grubby greedy pieces of profiteer shit.
And take all your fucking little ICO's with you too.

And by the way since i am the smart one here.. let me fill you Kidiots on a little somethin'
Promise you will keep my secret though ;)

YOU TOO ..can talk.
Feel free to speak up and NOT just when YOUR fucking ICO shit bags are threatened.
(notice a variety of accounts that never speak in this section popping up to defend Maidsafe ?)
See me railing on about it ?
Defending Maid by attacking Bitcoin ? Crying Troll ? AKA: complaining.

I like the guys earlier comment here..
"I bought into the ICO years ago" he said.
Did i have a go at him ? Nope.. i sure as hell could have.  8)

..carry on crypto-mensa genius's you got some Einstein level bullshit chatter going on here.

Lower the bar more shit talking corrupt ICO thieves.
You idiots here have nothing to say because i am always right.  ;D

This project is a scam, has been a scam, and continues to be a scam for all newbie investors. I fell into the scam at first myself and lost money, mainly due to them dumping the market to pay themselves. That alone is a huge RED FLAG to any investor. They promise the moon but deliver nothing meanwhile taking vacations and buying expensive gifts for themselves yet still NEVER EVER getting anything done. They have run out of money more than once and have stole coins that were meant to be destroyed to continue to pay themselves at the expense of investors. They have dumped the price many times and will continue to do so until they run out of funds. I think at this point in the scam all that is left is bag holders trying to prop up the market in order to unload onto the next guy who took the bait.

It's 2017.  Where is the MVP?

At best, Maid is Project Xanadu all over again.  Too much ambition and mission/scope creep.  IOW, too much hubris.  Not enough focus.

At worst, Maid is a scam like OneCoin.

The University partnership thing is also being done by Dash.  They are renting space at some Uni in the vain hope that their host's institutional legitimacy will be conferred by proximity and osmosis.   :D

Rome wasn't built in a day. Have you any slight comprehension of what they are attempting to build?!?

"Please note, this is the ALTCOIN section"

"GTFO out of my scene"

"Feel free to speak up"

Arguing with you? Why would anyone with half a brain do that? I'm sure you have heard the expression... "thicker than a BC pine"?
Spoetard, BTC is controlled by a dozen PEOPLE, who are controlled by a few dozen more PEOPLE. I highlighted the PEOPLE thing, because as a Libertarian you obviously believe in FREE SPEECH, and DECENTRALISATION, and appreciate PEOPLE fuck things up. Especially good ideas with good intentions. BTC being one of them.

What is Spoetnik?

A Libertarian who allows different points of view? Of course not. See above.
A crypto crusader who despises centralisation? Of course not. See below.

"BTC miner centralization have anything to do with my incessant harping"

Awesome. We both agree that BTC is centralised. Seriously dude. You are a contradiction of biblical proportions. Lol!
Maybe you are not a Libertarian, and just a profiteer? Then just say you are, instead of hiding behind this facade of Crytpo-Crusader. Nobody is buying it.  So, what is Spoetnik?

"Spoetalk?"

"You bet your god damn fucking ass"

Soon. There will be just you. Which is your true motive. Support centralised BTC, and trash anything else. Your buddy Himmler would be proud of you.  ;)

Well i am amused by the reaction i got here.. apparently you think you got me  :D
First off my TX records and trade history ARE available.
I never once tried to bend the truth about any financial activity ever.
In the last 2 years i have done virtually nothing.
I put my money where my mouth is when Cryptsy started taking Picture ID's
I backed my mouth up with my ideology when the rest of you did not !

It's all about having ideals but being realistic and practical about them.
For example i have no problem at all with the idea of having an anonymous digital currency.
I have said that lots before.. what i have a problem with is the CURRENT implementations and the claims etc that come along with that right NOW.

Support centralized BTC ?
See ?
You missed the point again..
I am aware it has a problem.
i simply keep pointing out that just because BTC has problems does not make your shitcoins legit.
For example, i point out a flaw in some coin and i get told.. well, BTC is worse and you are a BTC maximalist.
A weak defense or excuse for bad coin dev behavior around here.
You all play that card as your go to default defense retort every day.

Accountability ?
Who am i being lipped off by ? No one knows.. just another random account.
Most likely someone who already has a bee in his bonnet about me for some other scam coin shenanigans before.
This place is full of hiding cowards throwing rocks from the shadows.
While i have used one account.. being ACCOUNTABLE.

Which is what i posted here about on this topic.. ACCOUNTABILITY.

What do you expect with a project released as an ICO ?
Was the Maidsafe guys putting it in writing ?
How do you all hand over money with an open ended deadline ?
Was there a max amount of money to be given or just keep shoveling it in for as long as it takes ?

You do not hold these dev's accountable people.
They post a grand idea then you hand over tons of *BITCOIN* ...yeah the one with big problems mentioned earlier
Then you let them run off with it spending it with no over sight how ever they want.
Then if anyone raise concerns you show up with NOOB accounts mouthing them off calling them a TROLL posting FUD.

So..

Where can we see the contract for Maidsafe ?
As an investor there must be some form of accountability here for all the money right ?
How does it work ? What are the RULES ?
None ? You just are expected to buy "One Day" tokens in the hopes it one day amounts to something ?
Really ? is that it ?

It's an ICO and it's open-ended.
How many bought because they are greedy hoping to get ROI's ?
Ok fine but did you ask questions ? Did you hold them accountable ?
Did you demand the dev put limits on funding and milestones / deadlines and so on ?
No ? You all mean you just shoveled money at them and said nothing ?
And now years have gone by ?

If that is what you all want to KEEP doing then be my guest, it is your prerogative.
I won't try and stop you but i might post some "FUD" mocking you for it.
..because it's deserved.

The lack of ACCOUNTABILITY is the key reason i refuse to support any ICO of any kind ever.
Because there isn't any !

And that has little to do with me personally here or which coin projects are worse.

PS:
I have no interest in slinging political labels back & forth.. it's childish and stupid.
Common sense would tell you people can have ideals that span any and all parties.
These is no need for discriminatory type casting etc.
Want to insult me or discredit me then use your brain.

PPS:
And yes you guys did show up AFTER me and ruin this crypto stuff.. lowering the bar more & more.
If Maidsafe does an ICO then the others think it's ok too now..

I heard a lot of different opinions about this project. But my friends have invested a bit of bitcoins in him and wait for the poor returns. Personally, I'm a little traded them a couple months ago. Well it happened several times to buy and sell. Apparently you're just plain out of luck at the time to come and go.

It's quite active. Have a look:

https://safenetforum.org

Here's the other topic on Bitcointalk about Maidsafe (the company) and SAFE (the project they are building)

https://bitcointalk.org/index.php?topic=579797.2260

Maidsafe (the company) is real and working for over 10 years on this project (SAFE) now. Their software called Alpha 1 is currently running on several hundreds of nodes
in a datacentre, but we had several testnest with Vaults from home. These Vaults is where the routing takes place. It will allow people to Farm (a bit like mining) Safecoin from home
when they deliver data to the network. We are waiting for Vaults again which got updated with the new routing. They have a group of professional paid programmers working on their project.

https://github.com/orgs/maidsafe/people

Maidsafe is still looking to hire more engineers/devs. So yeah, this thing is definitely for real.

But like I said, there's already a topic about Maidsafe on BCT (see link above). And their forum is the best place to go for more info. You can try out their Alpha 1 project as well:

https://maidsafe.net/

Have fun.  

This thread is too funny!  ;D

Having read the criticisms I feel better than ever about the long position I took in mid 2015 ;). It seems people have a lot of opinions that they're happy to share, but they don't care much for fact-checking or research. I guess most people are indeed lazy and stupid... shock, horror!

Just lol to people crying 'scam' or saying development has tailed off, or the community is dead. PMSL! It's one of the most active projects in this space, with more actual code under their belts than any other by far. Their product would also be a hell of a lot more useful than all the blockchain projects put together if it works (yes, I said it and I stand by it). An instant, feeless, private currency that scales positively, and is backed by its value as a commodity to access the safenetwork - a censor-resistant decentralised internet where you can store and serve your data more safely and cheaply. Where real people will actually use it to go dl the latest film, communicate securely, shop on a dark market etc.

Really people, I know it is not a small picture and it takes a bit of effort to start to see how it all fits together, but come on, how can you call an idea with this much genius in it a scam? Technical criticisms that it won't work or can't work are one thing. They must be answered by the product proving itself in the wild, but the rest of the rubbish in here is just drivel.

I guess we'll find out soon if they can deliver a robust and efficient final product, but to try to deny that it would be the biggest thing in crypto if it works is just daft. A lot of people need to look at lot more closely at what it is maidsafe are building, it's pretty clear from this thread that very few people have bothered so far.

Maidsafe has been going since long before the invention of blockchain and it promises a hell of a lot more. The clues are there folks... Secure Access For Everyone (SAFE), Privacy, Security, Freedom. Have a good long think about it and take a proper look at what they have done so far. Or don't, meh, who cares?! A project like this does not need the crypto community to get behind it. It's about building something useful, not hoodwinking and marketing to a group of speculators, unlike most of the BS in this space. If SAFE works if will change the way we interact with data for good. It's like the three-way love-child of Bittorrent, Tor and Bitcoin... on steroids and with super powers from an alien sun!!! If it works it's the most exciting thing since the moonlandings and you'll be telling your grandchildren about it.

it was definitely promising and good looking, I think it's interesting they did offer something new unlike the other crypto's that did everything like BTC and was of course not well distributed.. maybe the CLAM mechanism is good though sending the coins to active addresses in BTC/LTC.

Back to the OP's original question, a comprehensive background on MaidSafeCoin can be found in the following Forbes article from the middle of 2014.
http://www.forbes.com/sites/kashmirhill/2014/06/03/mastercoin-maidsafe-crowdsale/#5ccf095e6423

I don't think MaidSafe was a scam, it was simply the first ill-advised attempts to use cryptocoins as a funding opportunity in order to obtain venture capital.  MaidSafeCoin is simply a token to be exclusively used on their cloud sharing platform as a payment system amongst its users which its developers hope will instill both a increasingly larger user base and subsequently a value to the coin.  I really don't find it to be anything different than how Linden Dollars work as a currency in the virtual world Second Life.  I additionally don't think that any walled-garden strategy like this to develop value in  a coin will ever work since a similar service could simply be developed using Bitcoin or any other highly used or valued cryptocurrency.   Its the same reason I have zero confidence in Auger which is basically doing the same thing which instead of providing a cloud storage market, is providing a prediction market (aka gambling). 

How ironic. Github shows facts about progress, but Git is also slang for...
 
1. A completely ignorant, childish person with no manners.
2. A person who feels justified in their callow behaviour.
3. A pubescent kid who thinks it's totally cool to act like a moron on the internet, only because no one can actually reach through the screen and punch their lights out.

Jabbawa, fact checking and research? Dude this is bitcointalk, or Gitalk/Spoetalk. The old days you needed to have a presence here in order to succeed, but those days are long gone. BTC maximalists like Spoetnik, roach and others have agendas. So this place is tainted as fuck! 

I once asked this Githead a question about ETH, (https://bitcointalk.org/index.php?topic=1510075.msg15197625#msg15197625) and he couldn't answer. It exposed him for what he was. A troll. Now why would I TRUST or risk my money based on information presented by a douche who doesn't even know what he's talking about? Ask Spoetnik a technical question about maid. I guarantee you, he won't will be able to answer. And this is coming from the guy who professes that he is the smartest one here. Smartest one in Gitalk is not something to brag about.  ;D

Is maidsafe a thing? Go look for yourselves.

https://bitcointalk.org/index.php?topic=579797.2260
https://safenetforum.org/t/maidsafe-dev-update-january-19-2017/12248/18

This is the only project I like. Read my history. I hate everything and everybody, except maid. Why? Go and research it for yourselves you lazy dicks! Reading walls of texts from Spoetnik is like eating a bag of chips. Not good for your health, or wallet.

.


I love and i hold a lot of maidsafe!!!

too right! i follow a few projects and have investments all over the place, but this is the only one that really matters.

people get what they deserve I guess. if they make assumptions and don't check then they will only have themselves to blame in a few months/years when they figure out what they didn't notice before.

it's the modest, quiet, industrious, guys who're committed to working for a cause they believe in who'll disrupt it all, not the marketeers trying to sell you shit or make themselves rich.

Odd how you showed up using the same made-up insulting terms and railing on about Bitcoin-Maximalists etc ya know it's almost like, you... made another new account here LOL

And uhhmmm who are you going to listen to people ? bl234st (the mouthy noob) with 75 posts here ?

Why i think it might be a guy hiding behind puppet-accounts (defending maidsafe bullshit)
WOW huh guys.. who would have thunk it ?
I know say it ain't so Spoetnik you're all thinking (here at SpoeTalk.org)
I know right.. i am shocked too  :o

FACT:
Legendary accounts are worthless.
The best trade advice comes from 1 post noob accounts.

So there ya go.. leet trade advice from your pal ole Spoetnik (don't say i don't do anything for ya guys)

Oh and the Maximalist crap is pure FAIL.
I am more than willing to talk shit about BTC all day long.. all coins are gonna get FUD 100% equally in my books.
I just have a habit of pointing out how YOU people here reading this MADE Bitcoin worth 1 grand each.. not me ;)

I wonder how desperate that noob puppet account guy is for BTC's ?
I get the feeling he wants them pretty bad.. while crying "Bitcoin-Maximalist" all day long.

And i couldn't care less about all the IRRELEVANT tech details of an ICO scam.
Talking about the accountability and transparency and responsibly and RISK has sweet fuck all to do with block times or max coin supply etc.

SO..
As i said many times before here, don't like my comment ?
GO CREATE ANOTHER ACCOUNT ABOUT IT  :D

You couldn't care less about all the IRRELEVANT tech details?

I'm Spoetnik, I don't understand crypto tech crap, but I am a LEGEND, so listen to me!
What a load of crap.
I'm the Government, I don't understand the free market, but I am ELECTED, so listen to me!

Ask anybody here. WHAT would you rather listen to. Facts, or some loser who couldn't care less about all the IRRELEVANT tech details?
Legend? Only in your own mind you delusional moron! The fact that you have to hide behind your status, instead of answering tech questions simply exposes the fact, you are a joke. Akin to people who say... "Do you know who my dad is?"

CHECK THIS THREAD FOLKS. https://bitcointalk.org/index.php?topic=1510075.msg15197625#msg15197625

Spoetnik, dude, smoke a joint. Read what you've posted for the last few years. If you survive the nervous breakdown, after realizing what an idiot you TRULY are, then that's growth dude! You need to really read what you write, and how absolutely retarded it comes across.  :o

I care about what is relevant bl234st (the noob)
Like the topic here..
Did you have anything to say about it ?

You seem mighty upset by my "FUD" so may i suggest you smoke the joint ?  ;)
You rail on about my relevance here while simultaneously making this topic all about me.
I find that funny.  :D

You could have kept scrolling down rather than hitting reply so i have to deduce you yourself value my opinion or you know others do.

Maybe start a new topic here titled "Why Spoetnik's Altcoin opinions Suck"

And no i don't care about tech ..when the launch is crooked and rigged.

Upset? You're a barking little dog. No bite, just noise. I love playing with. Just like Benthach. I can't take you serious. If I did, people here would think I am as retarded as you.  ;D ;D ;D ;D ;D

You are so beautifully written. I am just learning all this and certainly not everywhere know how to take a coin. But your words inspire confidence to mejdu. Perhaps I'll monitor it more closely

Thank you, but don't be swayed by anyone's rhetoric. I'm just as biased and limited to my own opinions as the next person. I'm glad if I inspire you to look deeper though because SAFE inspired me and I'm happy to pass that on. I recommend reading their forums and asking questions there. https://safenetforum.org/ There are a lot of smart people willing to feed your curiosity and lead you down a rather deep rabbit hole; it takes a little time and effort to see how all the different technological elements fit together. I've been reading about it every day for 18 months and still have my mind blown on a weekly basis. It's like the most amazing work of art, the most important tool and a socially empowering ideological force all rolled into one. Really it is almost a bit too good to be true! A part of me thinks it can't possibly work just because it's all way too perfect and important. I guess time will tell. I really hope it does. Enjoy having your mind blown over and again as you peel back the layers ;)

Should i have a stab at that quote from earlier here ?  :D

I have uTorrent v2.2.1 still working great.. to download the latest films.

communicate securely ? uhhhmmm LOL
https://encrypted.google.com/search?hl=en&safe=off&q=communicate+securely

shop on a dark market ?
Yup we are all waiting for the FIRST ICO COIN to let us do that.
Me ? I can't wait to get pedo porn crack and guns.. like all of earth.

yup.. "beautiful art" and yup.. mind blown

Maidsafe - Noob Puppet-Account Approved  :D

PS:
I would bet my left nut some of these posters are Vlad and some other well known guys (hiding)

Re: Is MaidSafeCoin actually a thing?
Uhh no.
But they say it will be one day..
Well actually they said there will be some other ICO coin (see previous comments)
Convoluted ICO vaporware ? so far yeah.. sounds terribly original  :D

I am curious how much has the dev etc taken in cash wise so far ?
I know right how dare i ask.. the nerve of me FUD'ing 'em like that  :'(

I CAEN HAZ ICO MONEYZ N0W ?

The fact that you ask and insinuate rather than just checking says a lot tbh. Why cast mud when it would take you 5 mins to check and read up about him and their financial situation and incentives?

David gave all of his shares away to the maidsafe foundation/charity - city kids and education is their area if I remember right. The charity has no link to the business other than controlling David's shares and some of the IP (defensive not offensive patents).

David is an engineer with a vision. He wants to provide privacy, security and freedom to everyone in the digital world. Unlike most dreamers he's been working on his big dream for 11 years (with a team of 15+ talented devs for the last few years). I doubt any of them are in a project like this for the money. They live off nothing in a little town in Scotland and they stretch every penny. Maidsafe holds well under 20M maids now anyway, they will make their money from the apps they build, not the ico coins - which are changed 1:1 for safecoins when the network launches.

If you have an actual issue, misgiving or criticism I'm sure we can play nice and discuss it. I don't know everything about the project, but I reckon I know enough to at least find reasonable responses to any issue anyone has so far mentioned in this thread.

You can clearly see from my history that I am not a shill. I've spent most of my time on here in IOTA thread and I am 'Jabba' on the maidsafe forum. I am clearly a fan of the project. Maybe I'm misguided and it will fail horribly, or maybe you've just made assumptions that you'll live to regret. I guess time will tell what the result is, but either way the upside makes it the best bet in crypto imo (whether or not it succeeds).

I don't care anyway, I have no desire to convince you to get on this train. Amazing projects don't require marketing (like btc), they sell themselves when and if they actually work. ;) It will be amazing if SAFE does work, and even the most critical will then be able to see how obvious it was with the benefit of hindsight ;)

David did give away all his shares. That is why this thread is very dishonest. How many DEVS here have done that. Satoshi did... in a way. The fact that no money has been removed from his wallet is a big reason for BTC success. It acts like a float, and gives confidence. Maybe Satoshi is a team of people who created BTC and understood that this wallet should never be used. The NSA wrote a nifty paper in 1997 about electronic cash. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm . For you conspiracy theorist, here's a name of one of the dudes cited on the paper... Tatsuaki Okamoto/ Sattuaki Makomoto/ Satoshi Nakamoto. Ok, that's a stretch. Lol! The guy or guys who lost money because they made a bad trade... sucks, but play the next hand. The maid community could be blamed for being over enthusiastic, but not a bunch of scammers.

As far as Spoetnik? I think his credibility speaks for itself on this one. David gives away all his shares and he is a scammer. Wow! Go to the main section and watch the LEGENDS discuss segwit, Economics, Politics etc. REAL LEGENDS have the ability to educate, because they have experience, and knowledge. Spoetnik has experience, but so what! Is he educating people? No, he's miss informing them. This is fake news, and that makes him fake. Do you trust CNN? If you do, then listen to Spoetnik. They both have no respect for the truth, but demand to be taken seriously. If Spoetnik knew all the information about the big projects, and critiqued them based on a variety of factors, both pros and cons, then he would be doing his job as REAL LEGEND.

There is nothing "wrong" with my credibility.
The worst i am guilty of is posting FUD too much and maybe being a bit dramatic about it sometimes.
Such as the negative rating the little Monero assholes gave me.. which i explained a little in my SIG Rating link here.
They were in fact caught up in drama and others posted it here and i REPEATED it summarized.
I posted a topic title using keywords plucked from the Monero idiots own words.
Apparently they felt that was misleading so that meant i was "lying"
How can a quote be a lie ?

Hate to break it to ya but i am guilty of fuck all because i am not scrounging around like a scumbag hiding behind Bitcointalk puppet-accounts for profits.
Any and all activity i have ever been involved with is 100% an open book.

David gives away all his shares ?
*IF true who cares does that validate the technical way this coin was launched ?
It is still an ICO no ? Or do the ends justify the means once again ? (the biggest cliche'd ICO defense retort)
By the way..
I keep telling you all i have been simply giving away my Bitcoin to dev's for free coding they do.
Further more i can rattle of coin names i am still a bag-holder of because i never did dump them before they ended up getting delisted. (such as CryptoBits and JackpotCoin)

I also have had a perfect trade record with users in the crypto world and gotten good feedback to prove this.
Any negative feedback was because someone didn't like my so called "FUD" and figured they would be a brat and *try and punish me with a negative rating to teach me a lesson.

And i am a Legend here.. i put in the work and earned the title.
Not only that but i did not game the system like many of you did.
I have known all along that there is methods of increasing your rank here faster but NEVER made any effort at all to exploit it.
Yup.. +1 cred for Spoetnik again  8)

Further more..

You are STILL causing a diversion.
You don't want to talk about this topic and instead are coming after ole Spoetnik personally trying to discredit me ?
Why ? Apparently you are highly threatened by my opinions here that you *claim mean nothing.
If that was the case i think you would have simply ignored me.

"he's miss informing them." ..you say ?
Uhh where is that ? Show me where i lied.
If i put a spotlight on bad things then it's you that is guilty not me.

And am i seriously still having my credibility attacked by a name changing NOOB Account here ?  :D
Who has credibility here ? Sure as fucking hell not the mouthy nobody puppet-account that showed up ROFL

Simple solution.. be honest.

Man up admit your shit, fix it as best you can and then move on.. case closed.
Clawing away at people who point out IGNORED problems is not going to help.
If it's not me who points out what i did it will be someone else anyway..
After all i didn't make this topic did i ?
..yet once again i am the one who is taking the wrath over it (this happens all the time)

The negative trust clearly means a lot more than the volume of stuff posted - as evidenced by your vacuous posting here.

Anyone can sit there all day writing the first thing that pops into their head. If it's drivel you will become well-known for posting a lot of rubbish and end up earning negative trust rating (as has happened with you). If you share considered and researched opinions rather than just every random thought that jumps into your head then people will end up taking what you say more seriously.

I think you have to be either well-informed or at least technically literate to be taken seriously don't you? You can't expect anyone to care if you claim the volume of rubbish you've spoken over the years somehow makes you credible. It's quality, not quantity that matters.

If you have any specific, relevant, real issue with the maidsafe project that you want to know more about then you can find someone to discuss it with you I'm sure. You just want to FUD though, you don't care what it is or how little you know about it. You have already made up your mind, you don't have any real questions or you would have found the answers yourself. That's fine. No one here wants to change your mind. You stick with your opinions. You might as well be any tool in the polo trollbox. Having your name in pink also doesn't mean you aren't full of crap. Most people are more interested in real information than the opinion of someone who confesses that they know nothing about it. If they're more interested in opinions than facts then they deserve what they get.

I'm done bumping this thread now. What's that saying?! "There's no point arguing with idiots, they just drag you down to their level and then beat you with experience."

Spoetnik... "being a bit dramatic" and it hit me like a ton of bricks. I read that and thought... idiot! Myself that is! You're not a troll, you're an entertainer! David giving away his shares means dick. He's still a scumbag! ICO has tainted the project... end of discussion! Now that's the work of a Straw man or an Entertainer. A Straw man needs more hay than that, so a WTF? = Bugs Bunny and Daffy. https://www.youtube.com/watch?v=F-t8PngHgWY You're definately Daffy!  :P

EDIT: Jabbawa, never talk about his trust rating! He becomes another cartoon character! Popeye, and defending his trust rating is his can of spinach! It gives him energy to justify his presence. Crazy people who are so far off the reservation, are often associated with illusions of grandeur. Has Spoetnik ever claimed to be the smartest person here, or own this place? He entertains, but he's also deranged.

Thanks for the reference to a forum. I esteem surely that is written there by clever people. I have begun to study this subject enough recently and now I read everything that catches sight. Really the subject of cryptocurrencies is very curious. I as well as you, sometimes, think that all this is too good to be the truth and still it there is a truth. Good luck to you, friend

SO.. Maidsafe is a crypto currency ?
All that deeper research on better forums tell you if it uses a block-chain ? or if it is an ICO ?
Or is it just "beautiful art" ? ;)
Can we peel back the layers ?

I thought i was the entertaining one here but apparently the little NOOB called "Chewing Cocks" has yet MORE Youtube links he would like to share with us.. did any of you click on it ? I sure as hell didn't.
I have better things to do with my time like learning about crypto C U R R E N C I E S

..did i emphasize "Currency" enough ?  ;D

Hmm this is a "Curious thing"

Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Post reply ( Re: Is MaidSafeCoin actually a thing? )

So, lets recap.. an ICO scheme thingy-mabobber doo-hickey whatchya-macallit thing-a-majigger (for profits on Exchanges) STILL after years is collecting more ICO money for a coin that is not the coin (the real coin comes later ?)
Posted in a section called.. Alternate "cryptocurrencies" ?

OR.. is this the forum section called Internet Panhandling ICO schemes for fun & profit ?

What part of this is the "Currency" ? The ICO raising funds part that goes on and on year after year ?

How much have they "raised" so far ? And has it been publicly accounted for fully ?

..sounds like some expensive "art"  :D  ;D

Wowzer, you really do know nothing about it do you?! It sounds like you think Maidsafe is building a currency?! Why don't you go and read up about how wrong that assumption is instead of asking others to spoon feed you?

Maidsafe are building SAFE network. A decentralised internet which has nothing at all to do with blockchains, nor does its 'currency' use one. The incentivisation model includes a commodity (safecoin) that acts like a fuel and is burned when used to store, serve, download data (nothing like a currency really). Users of the network are encouraged to provide their spare resources with safecoin rewards. This 'currency/commodity' is the smallest and least impressive part of what is going on here. It's like talking about a new car and referring to the keys and petrol tank as if they were what really mattered.

10% of the safecoin cap was pre sold at ICO. That's it. There's been no more ico funding. They have raised other capital with things like BttF funding and business partnerships. They are also now partnered with Glasgow Uni Computer Science dept for Christ's sake, how unscammy can you get?! The other 90% of safecoins will be farmed and recycled through the system when the network launches.

Everything they have raised and spent has been 100% transparent and public. All the Maidsdafecoin holding tokens are on the blockchain and we know what coins they hold and where they are. Their running costs and budget have all been pretty transparent too.

There's literally no project in crypto that is more legit and less money grabbing than maidsafe. At least get with the programme and say they are too ambitious and it won't work on a technical level. Those are reasonable lines to FUD. You look like a proper moron if you claim they are scammy or money grabbing. It takes all of 5 minutes to do enough research to see that is clearly not what is going on with them.

Ok, I mean it this time. No more rising to it...

This is the currency section isn't it ?

I read an article online where the author put MaidSaifcoin among top 5 crypto's .I was so convinced with that piece of article that I invested everything I had in it.
I think I was lucky that price went up recently and I sold all my MaidSaifcoin holdings.
I made a good profit with it.

I remember Peter Todd being pretty skeptical about this project. Something to do about how they lack "proof of redundancy". I'm not a tech guy, so if Peter Todd is skeptical of something, I usually go along with him. Anyway, good luck to all those investing on this project, because if this works out it's going to be pretty awesome, but I'm not giving this coin 1 cent unless they start showing some concrete results.

I want people to hold them accountable (in the absence of crypto regulations)

What we historically see on Cryptsy or Poloniex etc are 3 letter coded "currencies" being traded.
And not much more (not easily anyway)
If there is write up's they are fluff pieces by PR minded people painting a picture they want to portray..
making sure of course they put their best foot forward.

For example there may be a description on Cryptsy way back on what Maidsafe is etc.
But, they are probably not going to say it bluntly..
They are not going to start off saying "Maidsafe is a complicated ICO scheme"
You are going to get a techno mumbo jumbo runaround about it all.
*If* anyone actually cared to go find out what the shit actually is.

Ya know people i am pointing out the lack of Accountability AND Transparency that routinely goes on.
Which is bad in a variety of ways.. such as triggering the wrath of US govt agencies etc.
That is the essence of the anti-money laundering laws after all.
It is what they were created to accomplish in the first place.

So what i am saying is..
A lack of Accountability & Transparency is an INVESTOR RISK (if you are morally ok with the scheme)
I am saying that some of these projects could be treading in a risky area with governments and be subject to heavy fines or other actions that could with out notice decimate the project and there for your coin prices in your wallet on an exchange.. with no warning !
You simply wake up and you're fucked.

I don't see anyone fumbling over themself to explain how much the Maid guys pulled in and spent.
Just talk about how much money you made off the ICO.

I would group a lot of projects simply by pointing out they are an ICO of sorts.
That alone would turn me off of them.. but it goes further than that.
I would also have a secondary group of risk for "Schemes"
Maidsafe, Ethereum, BlockNET, Ripple, Steem, Bitshares.. all kinds of these things are highly sketchy to me.

Many are not even really trying to be a currency and that is a problem !

I came to Bitcointalk to support currencies not scheme created out of coin code for profits.
I hope you all get what i am driving at and why i bothered to post here.

Do what you want but i hope you see the very real risks i do.
They say this is all like the wild west.. so keep your gun loaded by your night stand when you sleep :D

I'm not really sure what he might have meant, but I do know SAFE has changed a lot as they have solved challenges over the years, so perhaps this was an issue from some time ago? Or perhaps just something he has misunderstood and not taken the time to delve deeper into since? The network stores data with redundancy. One could certainly prove that with a code audit. It utilises proof-of-resource instead of proof-of-work. I'm not sure what Peter's issue might have been, but maid is such a huge animal I'd guess he just didn't look all that closely or hasn't kept his eye on it.

I think your conclusion is perfectly fair though. We can't all be experts at everything and sometimes we need to choose who to trust. I trust Peter Todd on most tech matters too, not when it comes to SAFE, but certainly anything blockchain related. I have a similar sense of trust in David Irvine. I'm sure if he and Peter were to sit down together they would find they agree on a lot more than they disagree on. I think a lot of people are waiting for something more concrete and useful before they invest; perhaps they are the smart ones for being cynical rather than optimistic?! ;) There will certainly still be a lot of investor upside left post-launch with a lot less risk.

@Spoetnik well that's fair enough. I'm not sure this is really place for that kind of reminder though. There are a lot of ICO scams and a lot of people are piggy-backing the blockchain buzz to make money. Maidsafe has been working on this since 2006 though. It's completely understandable for them to go the ico route in 2014 to raise more capital. They were offered VC money but it came with too many strings. They have avoided VCs for good reason. Since then they have been burning less money than almost any other project (they've been stretching like £70k pm for like 15 staff and an office building etc for 2.5 years). They then sold a bit of equity in maidsafe the company (not the safenetwork or future economy of it) to qualifying investors on BttF. That was not crowdfunding. You have to be a qualifying/professional investor and most of us do some DD before we invest on there. They got lucky there and the BTC they raised has doubled in value in the boom and they are sitting on enough money to ramp up hiring in time for network launch.

SAFE is old and completely original. It's not an 'alt'.

"I came to Bitcointalk to support currencies not scheme created out of coin code for profits.
I hope you all get what i am driving at and why i bothered to post here."

Well SAFE is not the place for you really then imo. They are building a decentralised internet, not another competitor in the trust market for a store of value. SAFEcoin value will be determined by its utility, so it doesn't need anyone to 'support' it or believe in it really. It only needs people to find it useful once it exists. There's no desire to sell anyone any cool-aide here. Maidsafe don't hold many maids now, they don't care much about the price of the holder token and they don't spend their money on marketing. When the network launches they don't want you to run off and buy coins or invest, they want you to share your spare space with a couple of clicks, and then you'll earn the coins you need to use the services for free. It should be pretty empowering... complete privacy and censor resistance have BIG implications. It also can't be turned off by maidsafe or anyone else, so govt responses won't matter much imo.

I get what you're driving at and I agree that most of the shit in crypto is better avoided, but you've chosen the only project in this huge space where your concerns are totally misplaced imo. I'm not advising anyone to invest, but we should all support the idea and the team. This is legit and if it works it will mean digital emancipation and the implications will be huge and pretty immediate! I'm not just in this one for the money, I'm obsessed with it because I think the world needs it. It's a shame it has been lumped in the pile of DLT projects because it dwarfs the potential of any simple blockchain spin off.

So while you think you are here being the good guy warning people off, I think I'm the good guy for helping people to understand what it is all about.

Let's just agree that investing in ICOs is usually stupid and most people will be throwing their money away, the ones who make money are usually the ones who run with their profit instead of bag-holding (sadly). I think we can also agree that no one should be advising anyone to invest in any crypto projects. If someone is giving you that advice on BCT then they are very unlikely to have your best interests a heart. The Op here just asked for more info though didn't they?! People have been sharing their specific thoughts about the project. Your generic thoughts about all 'alt coin' projects seem misplaced here no? People want to read about maidsafe in this thread, not someone stating the obvious that this space is full of vacuous and leechey projects.

I wish SAFE wasn't so hard for people to get their heads around, but seeing is believing and understanding, so if they pull it off there won't be any need for impassioned explanations, it will quickly become obvious to everyone why and how SAFE can make their lives better (no need to invest for that and no risk of losing anything).

I hope we can all get behind this cause and farm when it launches. This isn't a competition and maidsafe isn't pitching something they want you to buy or spend money on. They just want to make use of the spare resources you don't use, so we can all take back ownership and control of our data. Spare (free) will always outcompete economies-of-scale (cheap), so this has the potential to permanently decentralise the data paradigm.

You keep forgetting Maidsafe is highly experimental - 90% chance of failure. But if they pull it off, the possibilities are astounding.

The politics are typical as with all markets. But the science is showing some growth though.

Concise!  :P

I agree completely, although I'd give them a better than 10% shot, your post says it all in a nutshell.

If 'vaults-from-home' work properly this time (hopefully in the next week or two) it will be pretty big news and another big step on the road to a live network.

Exciting time to be alive ;)

Personally i going to start buying a few maidsfae coins here and there.I feel it worth it at 10 cent a coin ,I feel if they do a pump and dump scheme it will at least go up to a dollar at some stage where i can sell enough  to break even make a small profit.If it goes bust  then o well

I have bought a quantity of coins several days ago. Too heard that they will be pumping soon. Here I hope that I won't be upset with them. Then to manage to sell the main thing in time to make good money.

It is painful seeing words like pump to discribe the success of a project, so maidsafe is only designed to be a pump and dump coin. This project baffles me how is able to sustain the price, the project has been on for some time and nothing to show for the investment received to develop the project, one day it will actually be done on people that most of these tokens are just designed for experimental purpose and nothing else.

Actually, all markets are pump and dumps, simple or intricate, very short or very long. Oil, gold, stocks, fiat currencies and even tulips experienced bouts of pumping and dumping.

As long as buyers and sellers feel greed or fear, it will always be.

- Oil is used to power cars.
- Gold is used in electronics in PC's.
- FIAT is a CURRENCY that is backed and needed and regulated.
- Stocks are REGULATED and their creators are held ACCOUNTABLE.

Do not.. and i repeat, DO NOT dare compare real legit things with scammy ICO scheme digital token bullshit !

I am not havin' it little profiteer investards, not on my watch bucko !  :D

Regardless of usability, everything can be pumped and dumped. If trading for profit is illegal, you'll only see a straight diagonal line up or down, even a flat line, depending on supply and demand. No need to study markets, just laws of economics.  :D

Real SAFEcoins will be burned to buy real computing resources, like bandwidth, processing power and hard drive space. How much better is that than gold, fiat or oil?!

SAFEcoin would be more ubiquitously valuable than anything backed by it's utility as an industrial metal (we have enough mined gold to last us over 5000 years for 'use-cases', so it would be worth a couple of dollars per ounce if that was the reason for gold's value).

Even fossil fuel has higher volatility and higher price elasticity of demand than the serving and storage of data. Plus it runs out and damages our environment.

Fiat has value solely based on belief and it is worth less every year because more and more of it comes into circulation. It is not 'needed'. Dollars were only cut free to float as fiat in the 70s! Every experiment with fiat in human history has eventually resulted in economic collapse. It is certainly not necessary and 'regulated' just mean bureaucracy exists, not real accountability. REAL accountability is a myth. The rules and regulations are bought and paid for from inception to enforcement.


gold, oil, fiat etc, all these things are wanted or needed for one reason or another. None of them would be wanted or needed as much by as many people as SAFEcoin. It does everything the rest do and a lot more, store of value, stable, backed by something, private and secure, feeless exchange, scales positively, and is useful to everyone who interacts with data in any way.

Housing derivatives caused the worlds economy to collapse.. not Oil or Corn or Gold etc.

There is no need for shitcoins.
There is a need for gold and food and oil etc.

The recession was caused by shitheads scumbags passing off stock bundles of worthless garbage.
Empty envelopes they claimed were valuable.. simply because a bubble was created.
The bubble popped and the US govt had to hand out bail out's and other countries did not fair so well ..like Greece.
And that shit WAS regulated too !
Altcoin bail-out's anyone ? LOL

I can take a fat stinky god damn shit on your porch and you greedy ass fucking losers can pump and dump it.. doesn't means it's valuable or needed or useful or wanted.
One of you will be stuck holding the bag !
Sounds an awful lot like a fucking Pyramid scheme now don't it ?

Precisely...All markets are pumps and dumps.

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?

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.

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.

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

Four more years of development without launching...  >:(

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.  :D

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.

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.

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.


i'm not an investor but really? that wouldn't qualify them to be a crypto.  ;D

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?

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 ?

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".

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  :D

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)

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!

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 $

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. :D