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Author Topic: [ANN] IPO of MaidSafe:  Entering the Future of the Decentralized Internet  (Read 528780 times)
FrictionlessCoin
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April 25, 2014, 02:54:06 PM
 #541

As I'm late to the IPO, how can I still get involved? 

Will safecoins be sold on an exchange?
https://masterxchange.com/market.php?currency=maid

I'm wondering how we can get maidsafe sold in a more conventional exchange .   


      
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April 25, 2014, 03:02:38 PM
 #542

Ok, so this is how this played out...

It is totally obvious to anyone following this that MaidSafe team trusted MasterCoin Foundation to set up their IPO for them (aka David Johnson of MasterCoin Foundation/BitAngels)

MSC was trading at around .08 BTC before this.

Why would David J of MSC foundation think that it's a fair way to run an IPO to give more than twice the ROI in MSAFE for MSC holders than for BTC holders?
obviously because he had a lot of MSC.

Then David J of MSC foundation acts surprised that most donations came through MasterCoin when they gave double the reward to MasterCoin.

Either David J of MSC foundation is a complete and total idiot for expecting that this would be a fair and smooth way to operate an IPO or he is a scammer/opportunist/profiteer.

Personally I don't think David J is that much of an idiot.

David J of MasterCoin Foundation SHOULD BE IN PRISON.  If you think this was above board, I have bridge to sell you.


All this is separate from the value of MaidSafe software.
MaidSafe has software that they worked on for a long time on, but I think monetizing it with a cryptocoin is new to them and they are obviously new to crypto and didn't see things that most people saw would be obvious.

Maidsafe has to defend MSC now because it is holding a ton of MSC... too bad for such unethical behavior.  Holding a fair IPO in BTC (much more liquid than MSC) would not have been hard, if you think the purpose of this crap was anything other than profiteering, get real.
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April 25, 2014, 03:22:59 PM
 #543

Ok, so this is how this played out...

It is totally obvious to anyone following this that MaidSafe team trusted MasterCoin Foundation to set up their IPO for them (aka David Johnson of MasterCoin Foundation/BitAngels)

MSC was trading at around .08 BTC before this.

Why would David J of MSC foundation think that it's a fair way to run an IPO to give more than twice the ROI in MSAFE for MSC holders than for BTC holders?
obviously because he had a lot of MSC.

Then David J of MSC foundation acts surprised that most donations came through MasterCoin when they gave double the reward to MasterCoin.

Either David J of MSC foundation is a complete and total idiot for expecting that this would be a fair and smooth way to operate an IPO or he is a scammer/opportunist/profiteer.

Personally I don't think David J is that much of an idiot.

David J of MasterCoin Foundation SHOULD BE IN PRISON.  If you think this was above board, I have bridge to sell you.


All this is separate from the value of MaidSafe software.
MaidSafe has software that they worked on for a long time on, but I think monetizing it with a cryptocoin is new to them and they are obviously new to crypto and didn't see things that most people saw would be obvious.

Maidsafe has to defend MSC now because it is holding a ton of MSC... too bad for such unethical behavior.  Holding a fair IPO in BTC (much more liquid than MSC) would not have been hard, if you think the purpose of this crap was anything other than profiteering, get real.

It is normal for a VC to get favored treatment when equity is distributed to the public.  In this case, the mechanism of choice was MSC.

Is it criminal as you accuse?  No,  happens all the time in every public offerring,   

You should grow up before you accuse people of crimes.   Is this fair?  No,  but that is just how these deals are struck in the real world.  Live with it!


      
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April 25, 2014, 03:33:06 PM
 #544

As I'm late to the IPO, how can I still get involved? 

Will safecoins be sold on an exchange?

The IPO is already over, but you can buy MaidSafeCoin with Bitcoin or Mastercoin at reasonale rates here:
https://bitcointalk.org/index.php?topic=582713.0

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April 25, 2014, 03:53:27 PM
 #545

with a market cap of 126 million being announced a few days before the launch (this post was made today) I am starting to see the need for regulation (and I am the last to say that) this is a pure scam. Very well put together scam

i am sure their buddies will get good deals, its only we sucker that will pay for the full price 1BTC = maidcoin Huh
The above information is exactly same as the http://www.safecoin.io/


MaidSafe raise money too much, it is estimated that future growth will be small.

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April 25, 2014, 04:08:50 PM
 #546

MSC was trading at around .08 BTC before this.

Why would David J of MSC foundation think that it's a fair way to run an IPO to give more than twice the ROI in MSAFE for MSC holders than for BTC holders?

Maidsafe has to defend MSC now because it is holding a ton of MSC... too bad for such unethical behavior.  Holding a fair IPO in BTC (much more liquid than MSC) would not have been hard, if you think the purpose of this crap was anything other than profiteering, get real.


Although your thought process is clear to follow...  I am afraid you haven't considered several Market conditions.  If MaidSafe (or whomever for the matter) were to attempt to purchase the MSC accumulated through this IPO...  I am sure you agree that they would have NOT been able to purchase most "at around .08 BTC."  Can you imagine the MSC/BTC rates by the time they would be done buying?  As far as having "to defend MSC now"...  why do you exclude the possibility that they look forward to an increase in MSC valuation?  I mean...  think about it for a sec...  they obviously preferred to use the Master Protocol themselves!    Wink

The entire MSC marketcap as it stands today is at $22m.

The Maidsafe IPO raised around $6-$7 million.   In short 1/3rd of all MSC was used to acquire 10% of Maidsafe. 

Certainly people who bought MSC just to aqcuire Maidsafe did well if they were succesful. 

It may be possible that MSC increases in value after this since it does show it is possible to raise money via Mastercoin.   Also,  all the Maidsafe owners have to become familiar with Mastercoin.   So Mastercoin wins here in several different ways.



      
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April 25, 2014, 04:23:30 PM
 #547

Most people prob invested because they thought they can sell for 2-3x higher right after the ipo closes.

I hope they all get screwed for trying to invest in yet another shitcoin.  It blows my mind that this shit just made 3 million dollars for doing basically nothing.

3 million? They made 12 million with this IPO

Sorry, I was just going based of the 7k BTC amount that keeps getting posted.  I have no intention of actually looking in depth into yet another shitcoin.

I cannot believe the amount of hot headed idiots on this thread. Before throwing about silly accusations, why don't people do some DD / research on Maidsafe? I'm sure they will find this is not a scam, or is it because they missed out on the IPO? Whatever reasons, RESEARCH IT! What these guys are doing is VERY REAL and will change the way we use the internet in the future. This technology (like the bitcoin protocol) will open a completely new and diverse technology sector altogether. Entrepreneurs, new app development you name it - thanks to the hard work of Maidsafe and other blockchain technologies. And no I don't work for Maidsafe (I wish I did). - Guys and girls, read their Google groups, study the technical stuff if you have time. I completely trust them.

My two sats..


I hope this whole thing implodes and everybody gets fucked by MaidSafe.  I do not enjoy waking up to emails tying myself to shitcoins, especially in the same sentence as MtGox, and will forever wish for misfortune upon anybody that touches this piece of shit.  All because some retard doesn't understand that taint analysis doesn't work when the source of coins are a pool responsible for producing ~25% of all coins mined in the last year.

You can't be that fucking dense, can you?
Do you even understand why we use the term "shitcoin"?
It relates to a coin that offers nothing but more shit. Nothing new, nothing innovative.
Safecoin represents a token for a system that IF achieved will change the world we live in.
That is not an understatement.


I don't know how much simpler I can say this to you, DECENTRALIZED INTERNET. No government control, no service providers capping bandwidth to sites they don't like, no censorship. It will allow decentralized applications. We are talking DAC's. If you actually took the time to research what Maidsafe has been trying to achieve over the past 7 years maybe you wouldn't be talking out your ass and looking like a complete ignorant dick.
OH NOES! SOMEONE ACCUSED ME OF SENDING BITCOINS BECAUSE THEY CAME FROM AN ADDRESS THAT I CONTROL!
Pry yourself away from your computer monitor tanning for a bit and develop some social skills.


Yeah I'm getting sick of that too also, cheap to buy... Fuck MaidSafe, to all investors: Get into BlackCoin, best coin out there at the moment, its going to sky rocket soon (Developers are planning a surprise in May, price now is ULTRA CHEAP 15 cents)

I just don't understand how people can be this ignorant in here.
Blackcoin = just another coin (ooooo its PoS! theres only like 12 of those!)
maidsafe = Miles above and beyond what any one coin is doing (except maybe Counterparty, Ethereum and MSC)
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April 25, 2014, 04:30:24 PM
 #548

...maybe you wouldn't be talking out your ass and looking like a complete ignorant dick.
Yes, because when comparing you and eleuthria, it is clear which one comes out looking like a complete ignorant dick.

Quote
[...]fucking dense[...][...]talking out your ass[...]looking like a complete ignorant dick.

Pry yourself away from your computer monitor tanning for a bit and develop some social skills.

Oh, the irony.

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April 25, 2014, 05:21:08 PM
 #549

MSC was trading at around .08 BTC before this.

Why would David J of MSC foundation think that it's a fair way to run an IPO to give more than twice the ROI in MSAFE for MSC holders than for BTC holders?

Maidsafe has to defend MSC now because it is holding a ton of MSC... too bad for such unethical behavior.  Holding a fair IPO in BTC (much more liquid than MSC) would not have been hard, if you think the purpose of this crap was anything other than profiteering, get real.


Although your thought process is clear to follow...  I am afraid you haven't considered several Market conditions.  If MaidSafe (or whomever for the matter) were to attempt to purchase the MSC accumulated through this IPO...  I am sure you'd agree that they would have NOT been able to purchase most "at around .08 BTC."  Can you imagine the MSC/BTC rates by the time they would be done buying?  As far as having "to defend MSC now"...  why do you exclude the possibility that they look forward to an increase in MSC valuation?  I mean...  think about it for a sec...  they obviously preferred to use the Master Protocol themselves!    Wink

So your idea is MaidSafe was itching to make a big investment in MasterCoin and then David J of the MSC foundation graciously worked out a deal with them so they could buy a ton of MSC at over double the market price... and this is a good deal for them because they don't have to try their luck on the open market... OMG LOL
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April 25, 2014, 05:30:02 PM
 #550

This IPO sucked.  What is even worse is the people running Safecoin have not done very much to fix it.

I seriously thought the IPO would last longer and was in the process of buying some bitcoin as all the coins I am invested in are low.

They really should open the IPO again and refund a small fraction of the whale's coins.  Even refunding 10% should allow many, many, many people who were looking to get in on this IPO to invest.

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April 25, 2014, 05:43:46 PM
 #551


NXT made way way more ROI than master coin

That's why you should invest in NEX.

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April 25, 2014, 05:47:39 PM
 #552

From what I have seen so far, I'm 90% certain MaidSafe is a scam. I really wish it is not, because I would love the end product. But my instinct keep telling me it is.

I feel compelled to point out that Maidsafe is not an anonymous shadow company.
They are real verified programmers working out in the open on a real and verified project trying to accomplish something truly amazing.

Their names are public, so is their company (I believe they are located in Ireland, or Scotland, can't remember).

Look it up people...
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April 25, 2014, 05:52:04 PM
 #553


MaidSafe - Transform the Hero into a Newbie/Troll.

Grin Kiss Grin Kiss Grin

yep, some hero members's comments at this thread just exposed their superficiality, myopia and rudeness.

Myopia, there's one you don't hear every day!
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April 25, 2014, 05:59:44 PM
 #554

How can I transfer Maidsafe from the blockchain wallet? I have written down the private key. Is there a guide for that?

I also have a fully-synced qt with masterchest in windows.

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Vires in Numeris


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April 25, 2014, 06:01:38 PM
 #555

Here's a video of David Irvine explaining Safecoin:

https://www.youtube.com/watch?v=9_szOW4uPD0

Start at the 5:00 mark.

A great video and would in less than 20 minutes explain away all the hero members claiming maidsafe would own and have complete access to all information.

Yes, as as been explained before, maidsafe would publish patents not to control the system but to prevent any legal action against itself. From their site:


Quote
FAQs
Who owns the MaidSafe platform?

No one, it is a resource there for all users of the Internet. The MaidSafe network is completely anonymous, secure and aims to repel human intervention of any kind; it cannot be controlled or 'owned'. We feel very strongly about this and have written a blog post on the subject:

A truly autonomous distributed network shouldn't need patents to protect it, right?

Our patents exist in a purely defensive capacity, to protect MaidSafe and the developers that use the platform. MaidSafe do not own the patents, they only have the rights to use them, royalty free and in perpetuity. The MaidSafe Foundation, a registered charity, actually own the patents.
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Vires in Numeris


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April 25, 2014, 06:17:58 PM
 #556

...maybe you wouldn't be talking out your ass and looking like a complete ignorant dick.
Yes, because when comparing you and eleuthria, it is clear which one comes out looking like a complete ignorant dick.

Quote
[...]fucking dense[...][...]talking out your ass[...]looking like a complete ignorant dick.

Pry yourself away from your computer monitor tanning for a bit and develop some social skills.

Oh, the irony.


The difference between you and I is when I sling around insults I give valid reason for my criticisms; you just repeat and redirect what I say back to me.

Yes, because when comparing you and eleuthria, it is clear which one comes out looking like a complete ignorant dick.

I agree, it is quite clear. One of us got upset because people made a very simple and obvious assumption (which should be expected) and got so upset he started calling a very valid project a scam and a shitcoin.


The other one called him on his shit and pointed out he was acting like a little child.

Which one am I, I wonder!


edit: thats me, with my smugness and my cup of espresso/chocolate that tastes like shit. Enjoy.
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April 25, 2014, 06:56:03 PM
 #557

Can anyone recommend the mastercoin wallet I should use to receive and transfer my maidsafe coins?



      
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stereotype
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April 25, 2014, 07:01:24 PM
 #558

Can anyone recommend the mastercoin wallet I should use to receive and transfer my maidsafe coins?


https://test.omniwallet.org
FrictionlessCoin
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April 25, 2014, 07:07:28 PM
 #559

Can anyone recommend the mastercoin wallet I should use to receive and transfer my maidsafe coins?


https://test.omniwallet.org
Does not give me any warm and fuzzies with it says 'alpha'!

Tested the omniwallet... does not show the MSAFE coins that are in my address.

Only Masterchest.info shows the coins.

AGAIN... what wallet works with MSAFE?


      
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██
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.......Whitepaper.......
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██████████████████████████████████████████████████████████████████████████████████████████████
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April 25, 2014, 07:27:12 PM
 #560

Can anyone recommend the mastercoin wallet I should use to receive and transfer my maidsafe coins?


https://test.omniwallet.org
Does not give me any warm and fuzzies with it says 'alpha'!

Tested the omniwallet... does not show the MSAFE coins that are in my address.

Only Masterchest.info shows the coins.

AGAIN... what wallet works with MSAFE?

With Omni, you will see them when you try to send them. It's weird, but sending with Omni works (did it this morning).

Dash - Digital Cash
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