BitShares Forum
Main => General Discussion => Topic started by: Frodo on July 05, 2015, 07:27:51 pm
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So MaidSafeCoin just gained nearly 45% according to cmc.
(https://i.imgur.com/6MdGww0.png)
Their last blog post (http://blog.maidsafe.net/) suggests that they are coming closer to a usable release. But I'm not following the project very closely so that is just a guess, maybe wishful thinking ;D
Meanwhile BTS price isn't doing so well, despite a slight Bitcoin up-trend.
What do you guys think? Can anyone make sense of that weird crypto market? :P
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Maybe some insiders know of a release?
Empirical seems to know what he's talking about with the weird crypto markets
Litecoin is still considered the next crypto-currency should Bitcoin run into problems and is also coming up to a block reward halving which could significantly reduce selling pressure. Combined I wouldn't be surprised to see the LiteCoin rally continue strongly. Capital controls this weekend possibly for Greece could be good for all crypto too if it actually happens this time.
LTC up >100% & I hadn't owned a single LiteCoin for ages previously :)
I believe it's the prospect of Greek capital controls, we witnessed a similar situation after Cryprus, crypto-currencies really took off.
In terms of percentage gains LTC & DGC could be the big winners, followed by NXT & possibly PPC etc, then Bitcoin itself.
The one's that will increase but benefit the least from the Greece effect would be Ripple, BitShares, Stellar, MaidSafe and Ethereum if it's trading.
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MaidSafe is one of the ones that should benefit the least from current events imo, so I would expect it to fall back down unless they're about to announce something but I really don't follow it.
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Only $27k in volume, so definitely not a deep rally. that kind of thin volume could easily fade and bring the price back down.
that said, i'm a big supporter of what MaidSafe is trying to do, so i hope they succeed.