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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 528779 times)
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June 02, 2016, 01:38:08 AM
 #1741

lol wow.

k done and dumped it Smiley

sorry maid, have a nice life (of nothingness)

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June 02, 2016, 02:56:25 AM
 #1742

crisis = opportunity
NOW IS THE TIME TO BUY.

"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield
Dash is Digital Cash.  https://www.dash.org
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June 02, 2016, 05:08:57 AM
 #1743

To everyone saying 'set buys @ 3k sat' - what makes you think the price will rise again?  Could just be a clever exit strategy by the devs...milking every last satoshi before coin death  Undecided
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June 02, 2016, 05:09:47 AM
 #1744

The ipo has ended ,missed the train Huh Huh

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June 02, 2016, 06:45:29 AM
 #1745

To everyone saying 'set buys @ 3k sat' - what makes you think the price will rise again?  Could just be a clever exit strategy by the devs...milking every last satoshi before coin death  Undecided

Yes.  That is what is happening.  One of the most transparent dev teams in the entirety of crypto is milking rhetoric to screw people.

Thank you for your post.  I bought more...
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June 02, 2016, 12:37:14 PM
 #1746

And the fud never ends...shameless people haha

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June 02, 2016, 05:37:26 PM
 #1747



I was expecting to see a shit storm too.  But apparently bag holders have yet to take off their rose colored glasses.  Reminds me of those Branch Dividians in Waco.  We all know how that turned out.  Well hopefully investors  see the writing on the wall soon so i dont get margin called, eek.

The issue I see with Maid isn't this latest little problem. It's that the market is being manipulated to an extreme degree.

I also find it a tad bizarre how the MVP was slated for release back in March/April, devs gave all indications it was about to be released 'any day'. Yet they didn't even start testing yet. So they knew that had to be false.
We aren't talking about a delay due to the precarious nature of code, or bugs, or any of that. They had to know ahead of time that the MVP wouldn't be released back then ... not even close.

Of course the pump/price swings based on every single word they uttered via their updates were of some benefit to certain investors. But that just gets back to price manipulation.


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June 02, 2016, 06:40:30 PM
 #1748

Bullshit, devs never said it was going to be released any day...they said the testing is going to start for the MVP. The virtual goal was always around June. Guess what....it is June. Even then it is a virtual goal, si still possible it is going to be much later then that.

If you want this shit to be stable, you NEED a test run. No matter what software/hardware you make, you ALWAYS test before release. They were always open in their development and they never had a pointing time line.

I'm in stocks for 20 years already and this is a very normal procedure. The only problem is Bitcointalk where FUD is the engine of all dickheads who want to earn money NOW. As an investor you'll invest in a product. They follow the procedure which stock companies are doing and with in that line they are doing very well.

So if you want to invest in a stable product with history...then this is the time and product. Do you want hard cash? Go with ETH or other bullshit bloaded crap and go with the flow as a daytrader. Either way, don't cry afterwards, because an investment is always a risk.

MaidSafe is building something for years now with a solid company behind it. They are not going to destroy their work at the end with some hasty shit. Invest if you believe in it, let them do their job and wait. The price now will def. double up when all is finished.

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June 02, 2016, 07:00:21 PM
 #1749

Bullshit, devs never said it was going to be released any day...

If you read their old updates during that time period, they certainly gave the indication that the MVP could be released really soon, any day now, that sort of thing.

I don't mean this as FUD, or anything like that, it's just an observation.

Take a look back a their updates in Feb (around when the pump started) and just how many times they
brought up the MVP. How many times they stated that the MVP was close, but not quite ready yet for release 'this week'. Of course when you phrase things like that, it leads one to believe the MVP is almost ready .... not that it is months away -- after months of more testing that the devs didn't feel worthwhile to mention.




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June 02, 2016, 07:12:06 PM
 #1750

They are working on it for ten years now....then is the release of the MVP very soon for them in months...

You read it as daytrader talk Wink

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June 02, 2016, 07:45:04 PM
 #1751

They are working on it for ten years now....then is the release of the MVP very soon for them in months...

You read it as daytrader talk Wink


Not really.

Check out Ross' dev update from the beginning of Feb.
https://blog.maidsafe.net/2016/02/04/maidsafe-development-update-2/


Some key snippets:

"We are very close to delivering the MVP and depending on which core developer you speak to, this can be measured in either days or weeks. "

"In the next few weeks a Minimum Viable Product (MVP) should be released and publicly available to be tested."

Days, or weeks -- Unless he is using God time, and a day to a Maidsafe dev isn't a 24 hr day, their predictions were a bit off. And they had to know this, as testing hadn't even started yet. 

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June 02, 2016, 08:06:17 PM
 #1752

Even then, when they are facing difficulties with the network which they want to investigate, it is fully understandable that they wait with the release of it. If they are working ten years on this project, you don't want to fail.

Believe me, i have invest a lot of money in this project and i really don't care what they have said before. For me it is the weekly dev updates which gives me trust in this project, not what they have said before. Every product (software or hardware) has problems when it gets released. I have participated in the pre MVP updates and there were problems. I find it fully understandable that they wait with the release of the MVP to sort things out.

As a daytrader it is really shitty...i also understand that, but hey, you win some, you lose some. Deal with it.

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June 02, 2016, 08:44:51 PM
 #1753



As a daytrader it is really shitty...i also understand that, but hey, you win some, you lose some. Deal with it.

I'm not a daytrader.

I actually made a decent amount from maid during the previous pump (and all of that MVP talk worked to my advantage). I still hold a little Maid (and some SEC, which isn't doing so well right now).

The fact there has been a delay isn't a big deal to me. It's understandable. The wording of their updates however always was an issue to me; they come across as shady when they stated something they knew couldn't be true.


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June 02, 2016, 08:52:40 PM
 #1754

The daytrader line was not a personal attack to you Wink

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June 02, 2016, 09:24:10 PM
 #1755

Bullshit, devs never said it was going to be released any day...they said the testing is going to start for the MVP. The virtual goal was always around June. Guess what....it is June. Even then it is a virtual goal, si still possible it is going to be much later then that.

If you want this shit to be stable, you NEED a test run. No matter what software/hardware you make, you ALWAYS test before release. They were always open in their development and they never had a pointing time line.

I'm in stocks for 20 years already and this is a very normal procedure. The only problem is Bitcointalk where FUD is the engine of all dickheads who want to earn money NOW. As an investor you'll invest in a product. They follow the procedure which stock companies are doing and with in that line they are doing very well.

So if you want to invest in a stable product with history...then this is the time and product. Do you want hard cash? Go with ETH or other bullshit bloaded crap and go with the flow as a daytrader. Either way, don't cry afterwards, because an investment is always a risk.

MaidSafe is building something for years now with a solid company behind it. They are not going to destroy their work at the end with some hasty shit. Invest if you believe in it, let them do their job and wait. The price now will def. double up when all is finished.

I agree, MAID is a great investment.  But this is going down from here.  Why not buy at 3-6k for a long term hold if you can?  Or sell here to increase your existing position Cheesy


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June 02, 2016, 09:41:09 PM
 #1756

They are working on it for ten years now....then is the release of the MVP very soon for them in months...

You read it as daytrader talk Wink


Not really.

Check out Ross' dev update from the beginning of Feb.
https://blog.maidsafe.net/2016/02/04/maidsafe-development-update-2/


Some key snippets:

"We are very close to delivering the MVP and depending on which core developer you speak to, this can be measured in either days or weeks. "

"In the next few weeks a Minimum Viable Product (MVP) should be released and publicly available to be tested."

Days, or weeks -- Unless he is using God time, and a day to a Maidsafe dev isn't a 24 hr day, their predictions were a bit off. And they had to know this, as testing hadn't even started yet.  





I wonder if they sold the 900k they sent to polo after this fake news caused fomo price action...

Dev team seems to be manipulating the market through news timing... seems to me like they should have all the funding they need by now.

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June 03, 2016, 06:49:05 AM
 #1757

For those interested, some points to take here:

They are working on this for 10 years now...
Well, not really on the software. It took them an awful amount of time and energy to find investors. Things got easier when Bitcoin became populair.
That's when they did a crowdfund and really started working on the project to build The SAFE Network. They went from over 500K lines of C++ code to
under 30K lines in Rust. Making is easier for other devs to read the code and help out. Also making is easier for themselves to change modules etc. They
also changed the complete architecture of the network, now having about 10 devs working on it. David Irvine said in the interview last week that some
periods they work up to 19 hours a day. And devs at Maidsafe don't get paid that much. It's working hard for the project without making a lot of money.  

Pumping an dumping coins?
I don't think so. The 21 million MAID they had in a charity organisation are now used to get extra funding. But that news was taking the MAID price down over 20%
which means their own coins became less valuable as well. No pumping at all. And no dumping either, because why would they dump a lot of coins? Especially when the
price is already down? The coins were already out there, listed on coinmarketcap as the 452,552,412 MAID. So the "new" coins that they sell are not even 5% of total coins
out there. Spread over 12 months that's not even 0.42% a month. Compare that to Ethereum mining 30% new coins in their first year.

Where's the MVP?
They are working on this for months now. And yes, it got delays. Not very different from other projects with excited devs that always seem to underestimate when it comes to
timescales. The great thing about Maidsafe is that they give very deep and technical dev-updates every Tuesday. You can follow their work on GitHub as well. The MVP consists of
the basic ideas of the network being up and running. These are: Registering an account on the SAFE Network, people running Vaults from their homes, publish and surfing Safesites
and upload some private data. Are we far off? No, I don't think so. They have a stable test network up and running on droplet servers. You can do all the things they promise for the MVP
right now.

Link to the stable droplet test network

You can also join the tests by running a Vault from your home. TEST 1 was very technical, only a few helped out. TEST 2 was click and run with the Vaults. TEST 3 was designed to
almost kill itself and see if the lower layers (Crust and Routing) survived this. TEST 4 could be here today and otherwise it will probably be there next week. It's a test for people to join
from their homes by running Vaults. Crust (the low IP-level layer) got a lot of fixes and updates so very interesting to see what will happen with that test.

I'll post an update when TEST 4 goes live. Would be great if a lot of people joined. The more the better actually.       
BadAss.Sx
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June 03, 2016, 07:01:40 AM
 #1758

I'm back in with test 4.

And working on it for ten years also means looking for investors. So basically they are working on it for ten years now. It already starts with building the idea Wink

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June 03, 2016, 03:41:45 PM
 #1759

you shorting ? , Lost much ? i bought even when was falling down as the song stopped at 2800 sat so now nothing is stopping me , you can lose 800 BTC shorting ? , be my guest see you soon

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June 03, 2016, 06:57:07 PM
 #1760

you shorting ? , Lost much ? i bought even when was falling down as the song stopped at 2800 sat so now nothing is stopping me , you can lose 800 BTC shorting ? , be my guest see you soon

I hope you're not on margin if you are buying here Wink

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