[Ann] Safecoin maidsafecoin

[m0rf3u5]

Break-even is about 0.000046 if you take into account BTC's depreciation since IPO 

[jibble]

jesus did maidsafecoin really drop by >50%??  https://www.masterxchange.com/market.php?currency=maid

buy and sell wall so far apart, if 1 second someone buys and then straight after someone sells its dropped almost 50% in 10 seconds

at what price was maidsafecoins purchased at in the ipo? what price did ya get each coin at?

purchase price was about 0.00004348 per coin 23000 coins in total per btc

[Chang Hum]

jesus did maidsafecoin really drop by >50%??  https://www.masterxchange.com/market.php?currency=maid

buy and sell wall so far apart, if 1 second someone buys and then straight after someone sells its dropped almost 50% in 10 seconds

at what price was maidsafecoins purchased at in the ipo? what price did ya get each coin at?

purchase price was about 0.00004348 per coin 23000 coins in total per btc

It was a fixed swap at 23800 mate, meaning the price was a fixed swap of 0.000042

[drawingthesun]

A few questions:

1 - Is the MasterChest Wallet the prefered means to move maidsafecoin?

2 - In bitcoin core, they show as really small transactions, how can I stop bitcoin core including them into normal transactions? If I accidentally send the 0.000055 transaction as a normal bitcoin transaction, would that destroy the maidsafecoin?

3 - Is the best advice to move them into a different wallet that is separate from your bitcoin wallet?

[drawingthesun]

Any idea when v0.4 of the MasterChest wallet will come out?

[ejinte]

A few questions:

1 - Is the MasterChest Wallet the prefered means to move maidsafecoin?

2 - In bitcoin core, they show as really small transactions, how can I stop bitcoin core including them into normal transactions? If I accidentally send the 0.000055 transaction as a normal bitcoin transaction, would that destroy the maidsafecoin?

3 - Is the best advice to move them into a different wallet that is separate from your bitcoin wallet?

1. Only way to sen right now is using omniwallet:
https://docs.google.com/document/d/1tpkuW_BfL63fn3KKv3uVnZ8xj5HiRz7ePM8VXp5isBQ/edit?pli=1
2. The 0.000055BTC needs to be sent as it payed the miners fees. No if you just send Bitcoins you wount destroy and maidsafecoins.
3. No it doesn't matter as long as you keep your privat key safe. However this is recommended regarding security: http://ripper234.com/p/use-a-clean-browser-for-web-wallets-and-exchanges/

[sepehr]

What does SPT stand for?
Smart Property Token

When can I start farming?
We are aiming to launch a test network in the next couple of weeks and through the course of the next couple of months will test the network fully. Our full beta launch will happen soon after and at this point you will be able to contribute your resources to the network and become a farmer. This will be a simple process and effectively will involve a simple software download although we will provide more comprehensive instructions nearer the time.

For more help please visit http://safecointalk.org/.

[jibble]

jesus did maidsafecoin really drop by >50%??  https://www.masterxchange.com/market.php?currency=maid

buy and sell wall so far apart, if 1 second someone buys and then straight after someone sells its dropped almost 50% in 10 seconds

at what price was maidsafecoins purchased at in the ipo? what price did ya get each coin at?

purchase price was about 0.00004348 per coin 23000 coins in total per btc

It was a fixed swap at 23800 mate, meaning the price was a fixed swap of 0.000042

yeah shit sorry forgot to add the 800 extra . was giving an approximation of price per coin from IPO. just forgot the 800 on the bloody end

[awrelll]

why so cheap now ? 0.00003000

where was I when it was so high?

0.00079999 btc   10 000 maid   1 053 273 maid
0.00089999 btc   10 000 maid   1 063 273 maid
0.00900000 btc   406 maid           1 063 679 maid

[Swordsoffreedom]

jesus did maidsafecoin really drop by >50%??  https://www.masterxchange.com/market.php?currency=maid

Meh teaches me never to buy at IPO well holding for the longest time

[Simakki]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

[Swordsoffreedom]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

Just a bunch of speculators and people who didn't have a high level attention span selling off now
If your long AKA 1 year probably can make a killing from getting in now relative to BTC

[prophetx]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

I accidentally added an extra 0 to my sell order yesterday... luckily it was for 10000 only and there was enough demand on the buy side I didn't get totally screwed.

I bet I am not the only one to do this....

at 0.0001 it would mean that someone values this at $2M total, under "book value" if you will, when Maidsafe has something like 3M or 4M in the bank in the BTC side, plus the extra MSC (I know it's not super liquid atm).

I was glad to see my order for 110k msafe filled at 0.000014...


edit: i mean at 0.00001 ... heh did it again but the opposite way...

[jibble]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

you have to remember that the cheap price set here : https://masterxchange.com/market.php?currency=maid is a mastercoin exchange. the majority of users that are signed upto that are mastercoin users. what happened at the IPO? mastercoin users got a special cheap price because of the cock up that happened. So mastercoin users have bought these coins for a lower price in total, allowing them to sell them lower.

[prophetx]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

Just a bunch of speculators and people who didn't have a high level attention span selling off now
If your long AKA 1 year probably can make a killing from getting in now relative to BTC

I need to finish reading the whitepaper, and I think we will know a lot more of the potential of this during the summer as the beta gets rolled out.

But at this valuation, for sure you are likely correct.

At the very least the network should be worth more than mastercoin or nxt, which means minimum 10X

[prophetx]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

you have to remember that the cheap price set here : https://masterxchange.com/market.php?currency=maid is a mastercoin exchange. the majority of users that are signed upto that are mastercoin users. what happened at the IPO? mastercoin users got a special cheap price because of the cock up that happened. So mastercoin users have bought these coins for a lower price in total, allowing them to sell them lower.

still not logical to sell for less than book value (i'm using a very loose defintion of that), but markets are not always filled with rational actors, especially crypto markets

[jibble]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

you have to remember that the cheap price set here : https://masterxchange.com/market.php?currency=maid is a mastercoin exchange. the majority of users that are signed upto that are mastercoin users. what happened at the IPO? mastercoin users got a special cheap price because of the cock up that happened. So mastercoin users have bought these coins for a lower price in total, allowing them to sell them lower.

still not logical to sell for less than book value (i'm using a very loose defintion of that), but markets are not always filled with rational actors, especially crypto markets

Haha i agree, i find it lunacy to sell so soon But i am continuing to buy up more at this price. Just trying to find some reason behind the madness and seemed like the most logical reason.

The applications are endless , it looks as thou it would be entirely possible to host cloud gaming like onlive , the ability to stream games instead of rendering , not limiting games to high spec computers but also increase network speed and efficiency the more people that play the game. Huge massive multiplayer online games that are simply streamed directly off the cloud. not limited to current problems faced with cloud gaming. able to play from a fairly low spec phone or tablet. the great thing is as well, the more people playing the game the more safecoin the makers are earning.

[TheMightyX]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

you have to remember that the cheap price set here : https://masterxchange.com/market.php?currency=maid is a mastercoin exchange. the majority of users that are signed upto that are mastercoin users. what happened at the IPO? mastercoin users got a special cheap price because of the cock up that happened. So mastercoin users have bought these coins for a lower price in total, allowing them to sell them lower.

This is very likely, but we may also be seeing the ramifications of stolen bitcoins being laundered.
If you just laundered 900 BTC you had been sitting on for months (for example) you would be most likely willing to sell at a steep loss to get those funds.

50% of stolen funds is better than 100% of nothing.

Pure speculation though.

You have to imagine no one in their right mind would buy into an IPO and then sell at a loss 24 hours later.

In fact, you wouldn't, period. unless the coins were stolen and you wanted to get them out of harms way before any sort of investigation or action could be taken against them.

[jibble]

Could someone explain why on earth somebody sells that low? Doesnt seem logical..

you have to remember that the cheap price set here : https://masterxchange.com/market.php?currency=maid is a mastercoin exchange. the majority of users that are signed upto that are mastercoin users. what happened at the IPO? mastercoin users got a special cheap price because of the cock up that happened. So mastercoin users have bought these coins for a lower price in total, allowing them to sell them lower.

This is very likely, but we may also be seeing the ramifications of stolen bitcoins being laundered.
If you just laundered 900 BTC you had been sitting on for months (for example) you would be most likely willing to sell at a steep loss to get those funds.

50% of stolen funds is better than 100% of nothing.

Pure speculation though.

You have to imagine no one in their right mind would buy into an IPO and then sell at a loss 24 hours later.

In fact, you wouldn't, period. unless the coins were stolen and you wanted to get them out of harms way before any sort of investigation or action could be taken against them.

It is always a possibility but i would of thought that cross chaining transactions thru multiple exchanges from tor logged in exchanges would produce the same results of anonymity and most likely be less costly. especially considering most stolen funds are held for quite a long time in wallets unmoved for months. why the sudden need to rush and to panic and to dump.

And considering it is a mainly mastercoin related exchange and that 1 mastercoins value was around 0.08-0.10 i think. they were given 3400 (0.2 btcs worth) each master coin. they can sell for much lower and still make a profit.

[PuYang]

"buysafecoins.com" is a parking domain.
It's a big mistake.