Is MaidSafeCoin actually a thing?

[Spoetnik]

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.  

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.  

..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. 

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[RiOtT]

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.

[iCEBREAKER]

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.

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.   

[Minecache]

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?

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

[tat123]

"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.  

[Spoetnik]

"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 centralized 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  
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..

[artdor]

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.

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.

[zeeman]

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

I posted a question there earlier today and had a response within a minute and many likes on the posts, so it can't be that inactive.

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.  

[Jabbawa]

This thread is too funny!  

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.

[jackshephard]

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.

[nikkisnowe]

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). 

[bl234st]

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. 

[Chew Kok]

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.

[Cryptotraider16]

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!!!

[Jabbawa]

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.

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.

[Spoetnik]

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.  

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  

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  

[bl234st]

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. 

[Spoetnik]

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.  

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.

[bl234st]

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.  

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.  

[artdor]

This thread is too funny!  

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.

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