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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 552578 times)
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February 25, 2018, 05:15:49 PM
 #2941

didn't expect the project was so old, but got so little attention from people ( ANN topic is not that exalted)
til it'll be delisted on bittrex.
I though this coin will be dead, but after some research, it still being listed on so much exchange so holders don't have to worry so much
but they should take notice and transfer coin to other exchanges.

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February 25, 2018, 10:41:40 PM
 #2942

Was going to log in every year to see where Maidsafe got to, then decided to slack them an additional year, given their laggard past.

So, since my last post in 2016, myself being an early "investor" and holder at one time, let's see how their promises to recreate the entire internet as a safe, token-backed experience is faring after more than a dozen years in development.

Let's see .. no product released, no routing solution, still talking about tests, a token that's as vaporous as the project it rests with.

Trading check: volume dropped significantly, a recent major exchange delisting citing concerns about the non-utility of the token to the project (i.e., there isn't a product released and this thing is no better than a whitepaper bedroom startup. I mean it should be better - you have guys here who are for-real programmers and creators, thinkers; but in evidence, this is operating in a manner becoming a scam).

I go over to the Safe forums ... same conversations about speedy development (men are most vain about the thing that troubles them the most), stretch goals, incredible development towards stated goals, more discussions, closing in on objectives, robust strong team, an expanding team, a team that recently have been doing better and better, 'getting the word out,' getting that messaging happening, process, diligence, meetings, roundtable discussions, roadmaps, little ants ...

Long ago I'd jacked the lot and went into coins now in the top ten. They got there by releasing products that work, that solve a problem in the here-and-now. That can be linked into an economical model (crucial for adoption).

P.s., At the time of writing Maidsafe is now a shade outside the top 100 behind stuff like Nxt and Reddcoin - not to dis these coins but to ask by way of comparison: Did Maidsafer's ever think they'd be slumped so low and hearing the same promises over and over from planet Troon in 2018? There's a SAFE DevCon coming in April. Aspiring developers for these promises are all welcome. I won't be seeing you there.

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February 26, 2018, 12:47:47 AM
 #2943

So, since my last post in 2016, myself being an early "investor" and holder at one time, let's see how their promises to recreate the entire internet as a safe, token-backed experience is faring after more than a dozen years in development.

Let's see .. no product released, no routing solution, still talking about tests, a token that's as vaporous as the project it rests with.

Trading check: volume dropped significantly, a recent major exchange delisting citing concerns about the non-utility of the token to the project (i.e., there isn't a product released and this thing is no better than a whitepaper bedroom startup. I mean it should be better - you have guys here who are for-real programmers and creators, thinkers; but in evidence, this is operating in a manner becoming a scam).

I go over to the Safe forums ... same conversations about speedy development (men are most vain about the thing that troubles them the most), stretch goals, incredible development towards stated goals, more discussions, closing in on objectives, robust strong team, an expanding team, a team that recently have been doing better and better, 'getting the word out,' getting that messaging happening, process, diligence, meetings, roundtable discussions, roadmaps, little ants ...

Great post.  Very useful list of red flags everyone should be on the lookout for.

The parallels to Dash Evolution are overwhelming!  So much scope creep, so little regard for the dangers of "we're going to save the world" hubris and the Curse of Xanadu.

IT WAS THE most radical computer dream of the hacker era. Ted Nelson's Xanadu project was supposed to be the universal, democratic hypertext library that would help human life evolve into an entirely new form. Instead, it sucked Nelson and his intrepid band of true believers into what became the longest-running vaporware project in the history of computing - a 30-year saga of rabid prototyping and heart-slashing despair. The amazing epic tragedy.


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February 26, 2018, 05:33:19 AM
 #2944

iCEBREAKER, a genuinely interesting article - thank you for that link.

To everyone else, GL to you! And your Maidsafes.

I'II be checking back sometime 2020 for the final release. 

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February 26, 2018, 08:32:07 AM
 #2945

I am actually quite amazed that Maidsafe is still ranked among the top 200 altcoins.  Every weekly update is bad news and causes the coin to fall in price until some speculators pump it back up for a period.
I am also amazed about the tenacity of the devs.  All IT geeks assure me that the Maid project is not feasible, and here you still get some people to work on a project that may never see the day of light.  Do they really believe in it?  Or are they just happy to get a job?
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February 26, 2018, 09:08:25 AM
 #2946

MaidSafeCoin and Exchanges

Yesterday we were informed that Bittrex are going to be delisting MaidSafeCoin. The suddenness of the news, which takes effect on the 9th of March came as a surprise. The rapidly changing regulatory landscape in the US (where Bittrex are based) is evidenced with the SEC taking a greater interest and more proactive approach in cryptocurrencies. While we can’t say too much about the process that led to the decision (as we had been asked to sign NDAs) the reason provided was MaidSafeCoin’s current lack of utility on the SAFE Network. https://medium.com/@maidsafe/maidsafecoin-and-exchanges-51920453724d

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February 26, 2018, 09:26:55 AM
 #2947

MaidSafeCoin and Exchanges

Yesterday we were informed that Bittrex are going to be delisting MaidSafeCoin. The suddenness of the news, which takes effect on the 9th of March came as a surprise. The rapidly changing regulatory landscape in the US (where Bittrex are based) is evidenced with the SEC taking a greater interest and more proactive approach in cryptocurrencies. While we can’t say too much about the process that led to the decision (as we had been asked to sign NDAs) the reason provided was MaidSafeCoin’s current lack of utility on the SAFE Network. https://medium.com/@maidsafe/maidsafecoin-and-exchanges-51920453724d

Not the best news for MAID. It is a little surprising that Bittrex still lists MANY coins that don't have a live network yet.
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February 26, 2018, 11:33:54 AM
 #2948

MaidSafeCoin and Exchanges

Yesterday we were informed that Bittrex are going to be delisting MaidSafeCoin. The suddenness of the news, which takes effect on the 9th of March came as a surprise. The rapidly changing regulatory landscape in the US (where Bittrex are based) is evidenced with the SEC taking a greater interest and more proactive approach in cryptocurrencies. While we can’t say too much about the process that led to the decision (as we had been asked to sign NDAs) the reason provided was MaidSafeCoin’s current lack of utility on the SAFE Network. https://medium.com/@maidsafe/maidsafecoin-and-exchanges-51920453724d

Not the best news for MAID. It is a little surprising that Bittrex still lists MANY coins that don't have a live network yet.

MaidSafe has a live network. It's called Alpha 2. Community created a CMS. Quite nice.

https://safenetforum.org/t/safe-cms-censorship-is-a-thing-of-the-past/20419/118

About Bittrex: currently over 1 million usd volume on HitBTC and Polo. Can't be bothered by the Bittrex news. It's a regulative thing with an overactive US government. You know, the folks that allowed NINJA loans to people without an income. Guess they know what they're doing  Roll Eyes
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February 26, 2018, 12:12:39 PM
 #2949

If that is really about compliance - Polo may do the same. I hope somebody will speak with Binance and any other bigger nonUS based exchange

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February 26, 2018, 06:05:22 PM
 #2950

With or without bittrex, i am going to hold my maid stash. This looks more like a compliance problem than the doubts about future of maidsafe.
At least they have a roadmap. Its a big project and impossible to deliver within a short time.
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February 26, 2018, 06:07:47 PM
 #2951

If that is really about compliance - Polo may do the same. I hope somebody will speak with Binance and any other bigger nonUS based exchange
Maid is tradable on Openledger. DEX is the future. CEX are doomed.
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March 01, 2018, 04:41:18 PM
 #2952

1. Is it correct that for each Maid transaction the user faces literally transaction cost of a whole BTC transaction since they chose to implement their placeholder token on Omni?
2. Is this true also for decentralized exchanges where one may trade MAIS token?
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March 01, 2018, 05:00:31 PM
 #2953

Many new coins incoming into MAID space

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March 02, 2018, 03:54:24 AM
 #2954

I am actually quite amazed that Maidsafe is still ranked among the top 200 altcoins.  Every weekly update is bad news and causes the coin to fall in price until some speculators pump it back up for a period.
I am also amazed about the tenacity of the devs.  All IT geeks assure me that the Maid project is not feasible, and here you still get some people to work on a project that may never see the day of light.  Do they really believe in it?  Or are they just happy to get a job?

I recently had dinner with one of the world's top Rust developers.  He had nothing positive to say about MaidSafe, implied the rest of the Rust community is embarrassed to have Maid using their platform, and confirmed our suspicion that Maid devs know their project is not feasible but are happy to get a job.


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whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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March 02, 2018, 09:25:34 AM
 #2955

I am actually quite amazed that Maidsafe is still ranked among the top 200 altcoins.  Every weekly update is bad news and causes the coin to fall in price until some speculators pump it back up for a period.
I am also amazed about the tenacity of the devs.  All IT geeks assure me that the Maid project is not feasible, and here you still get some people to work on a project that may never see the day of light.  Do they really believe in it?  Or are they just happy to get a job?

I recently had dinner with one of the world's top Rust developers.  He had nothing positive to say about MaidSafe, implied the rest of the Rust community is embarrassed to have Maid using their platform, and confirmed our suspicion that Maid devs know their project is not feasible but are happy to get a job.

 Grin Grin Grin Cheesy Grin Grin Grin Undecided Undecided

You are bashing MaidSafe for years now. I see you here all the time. And I really wonder what reason you have to come back and put energy in this topic. It's like claiming that you don't like Mc Donalds and show up every few days to get a happy meal. It doesn't make sense, looks a bit like a mental disease. And your claims here are so far off that it's funny. MaidSafe was invited to several Rust Meetups to present their project. Here's proof (https://youtu.be/6-Tgo10t_jA). And here's even more: (https://youtu.be/4qEuWJPVeFs). Nikita Baksalyar is a MaidSafe engineer and gave a presentation that's posted on the official Rust channel 3 weeks ago. 

Like I said, it's just funny how you put energy into a topic like this making one false claim after the other. I guess you got burned quite hard by shorting Maidsafecoin the other day and you're still angry about it. Well, sorry but i can't help you with that.

Here's the latest dev update:

https://safenetforum.org/t/maidsafe-dev-update-march-1-2018/21969

Enjoy!@!
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March 02, 2018, 09:56:18 AM
 #2956

I am actually quite amazed that Maidsafe is still ranked among the top 200 altcoins.  Every weekly update is bad news and causes the coin to fall in price until some speculators pump it back up for a period.
I am also amazed about the tenacity of the devs.  All IT geeks assure me that the Maid project is not feasible, and here you still get some people to work on a project that may never see the day of light.  Do they really believe in it?  Or are they just happy to get a job?

I recently had dinner with one of the world's top Rust developers.  He had nothing positive to say about MaidSafe, implied the rest of the Rust community is embarrassed to have Maid using their platform, and confirmed our suspicion that Maid devs know their project is not feasible but are happy to get a job.

 Grin Grin Grin Cheesy Grin Grin Grin Undecided Undecided

You are bashing MaidSafe for years now. I see you here all the time. And I really wonder what reason you have to come back and put energy in this topic. It's like claiming that you don't like Mc Donalds and show up every few days to get a happy meal. It doesn't make sense, looks a bit like a mental disease. And your claims here are so far off that it's funny. MaidSafe was invited to several Rust Meetups to present their project. Here's proof (https://youtu.be/6-Tgo10t_jA). And here's even more: (https://youtu.be/4qEuWJPVeFs). Nikita Baksalyar is a MaidSafe engineer and gave a presentation that's posted on the official Rust channel 3 weeks ago. 

Like I said, it's just funny how you put energy into a topic like this making one false claim after the other. I guess you got burned quite hard by shorting Maidsafecoin the other day and you're still angry about it. Well, sorry but i can't help you with that.

Here's the latest dev update:

https://safenetforum.org/t/maidsafe-dev-update-march-1-2018/21969

Enjoy!@!


I did lose a few BTC shorting Maid a couple years ago, but I'm not "still angry" about it.  That's just part of the game; no risk, no reward.  I'd be as immature as your post if I persisted in being butthurt about that. Smiley

You should not call me a liar just to deflect from my reporting of a first hand, real world experience simply because you find it offensive and unpleasant.

For context, my dinner with the top-tier Rust developer/researcher was completely coincidental and occurred purely by chance.  He had no idea who I am and was (likewise) surprised I even knew the "very obscure" (his words) Maid project existed.

I approached the subject of Maid tactfully in case he was a supporter, but it turned out that we two dissimilar experts evaluating Maid from completely different backgrounds and areas of expertise still shared the common ground of concluding Maid is an embarrassment to much of the Rust community, Maid is not feasible, and Maid devs (should) probably know that but are happy to get a job.

When I told him Maid was pivoting to Dash-like marketing emphasizing hype over technology, he laughed and said he wasn't surprised.  We then went on to have a fascinating discussion about functional languages, because unlike you I very much appreciate being in the company of domain experts and seek to glean every bit of new information possible from them (rather than fling poo at them because they dispute my cherished assumptions).


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"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
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March 02, 2018, 10:11:58 AM
 #2957


80$ for Maidsafe withdrawal from Hitbtc exchange.

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March 02, 2018, 12:34:36 PM
 #2958


80$ for Maidsafe withdrawal from Hitbtc exchange.




Incredible...why people keep coins on that exchange at all if withdrawal fees
are so big? Or is it maidsaefcoin alone with such big fee?

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March 03, 2018, 12:35:00 PM
 #2959


80$ for Maidsafe withdrawal from Hitbtc exchange.




Incredible...why people keep coins on that exchange at all if withdrawal fees
are so big? Or is it maidsaefcoin alone with such big fee?
Thanks for coming here to bump your post count. Obviously you are not familiar with Maidsafe and you only entered the thread because it got bumped up.

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March 06, 2018, 02:02:56 PM
 #2960

Partnership with Identillect (March 06)
https://coindar.org/en/event/maidsafecoin-maid-partnership-with-identillect-5473
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