Please like and follow if you agree with this idea.
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
Dagangan aktif
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MAID pumping up very soon.
Komen
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MAID looking really tasty.
Dagangan aktif
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Actually, I just saw that this could be a diamond pattern. NOT GOOD.
Dagangan aktif
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Komen
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After the dump, here comes the pump. MAID is ready for a big pump now.
Dagangan aktif
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MAID pumped as expected. I think it will continue to go higher once it breaks previous resistance.
Dagangan aktif
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MAID about to break this triangle to go to new highs
Maidsafe is NOT blockchain based.
It solves the same problems as the blockchain but in a much more efficient way.
1st: Everything is truly P2P
2nd: Because there is no blockchain: All transactions are instantaneous (No confirmation required, without compromising security!)
3rd: Because there is no blockchain: NO FEES (never ever)
4th: Because there is no blockchain: NO RECORDS! (truly anonymous)
5th: Because there is no blockchain: CENTRALIZATION CAN BE PENALIZED (without compromising security)
And these attributes of the SafeCoin is just a byproduct of the design of the network itself.
The main purpose of MaidSafe's SafeNetwork is not being a cryptocurrency but a robust, secure, anonymous and totally distributed internet, in its fullest form as a communication and also storage network, where data is privately stored/hosted forever without recurring costs.
toronja
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@toronja, actually centralization would be a security risk in the MaidSafe model, so it is actively discouraged by reducing rewards to those who diverge 20% from the average of global resources.
coinling
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@toronja, sind there are no fees how can there be rewards ?
toronja
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@coinling, because it is not blockchain based.
The blockchain requires its members to pay a fee to give the miners an email economical incentive to keep the proof of work after the subsidy is over.
That's the security model of the blockchain.
Without a blockchain, you don't have miners, and without miners you don't have a fee.
The SafeNetwork's security model is based on their own invention: Proof of Resource (PoR)
The farmers (the safecoin analogous to "miners") are normal people like you and me, and they are paid by the network.
With PoR the network checks if YOU are serving the right files, that you have enough bandwidth and that you have enough CPU power. If the network confirms that you have the capacity and that you are sharing resources to the network, it assigns randomly a SafeCoin to you. It is like mini lottery, if the random number matched with the hash of an available SafeCoin, it gets assigned to you, if it already belongs to someone, you get nothing and will have to wait until the next time your resources are checked again.
There is another key characteristic of the SafeNetwork: it is an autonomous network. When someone pays to store a large amount of resources, that safecoin doesn't go to a farmer, it goes to the network itself and the coin gets destroyed.
But there is a mechanism called coin recycling, which is reenabling coins that were spent to use the resources of the network, and making it available to be farmed.
That's how it works in a nutshell, the farmers don't need to get fees from independent transactions, because transactions don't depend on farmers to happen, their rewards come directly from the network for contributing with resources.
All transactions between people are purely P2P between those nodes, which confirms the ownership of the safecoin and cryptographically signs it for the new owner. Period. No fees at all, ever, and instantaneous.
How can this assure that this system can't be cheated without a blockchain?
Well, you will to read about the Self-encryption, XOR distances and close group consensus.
toronja
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@toronja, typo:
"...the miners an email economical..." -> "...the miners an economical..."
Freaking self correct.
Chartist4312
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oh no, it's the awful whale pattern-.- hehe...it's really funny man, thx for the cheers up:)
it's all about fractals, geometrics, fib levels and waves yes. Evolution do not move in a linear fashion, it advances, then it corrects, to be able to build momentum to advance further. It's the same with price markets, or more correctly economic psychology and behavior of then human being. Stock markets is just an easy way to spot it, since we're tracking the patterns. It's just nature's way of constructing everything.
..sometimes I am wondering if out universe is indeed just an fractal itself of something eternally big..:s
CoinMajesty
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@RationalTrader, this is the best comment I've read here on TradingView. We think alike :)
And it's not a whale, it's a cachalot ;)
Chartist4312
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@jsburgos, great, thanks man:) I'm an experienced trader. I've been on a journey seeing how it all fit's together in more or less anything:s Its great to see others thinking in the same patterns, you as well might have seen if can become lonely as the herd (the market) do not favor this way of thinking. Anyway, they can't prevent it from happening, over and over again...read Elliotts original book Nature's law from 1938....put it all more in perspective. He of course did not invent it...he was just lucky enough to spot it with his great mind in action in the stock markets where it was recorded.
I wrote an text some time back, you might find interesting:)
An Introduction to Structures and the art of Trading, September 2016 - by RationalTrader: goo.gl/U0JDx5
ow sorry, a cachalot of course:) this must defiantly be the grand kind hehe..
CallMeEasy
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@RationalTrader, Thanks for providing some reading material, I'll dive into that shortly! @jsburgos ty for providing these insights!
CallMeEasy
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@RationalTrader just ready our post you linked, I like it, as a trained boilogist I totally concur with your organic view, it aligns with my own. Just now noticed your avatar too, 1.67= awesome ;-)
It solves the same problems as the blockchain but in a much more efficient way.
1st: Everything is truly P2P
2nd: Because there is no blockchain: All transactions are instantaneous (No confirmation required, without compromising security!)
3rd: Because there is no blockchain: NO FEES (never ever)
4th: Because there is no blockchain: NO RECORDS! (truly anonymous)
5th: Because there is no blockchain: CENTRALIZATION CAN BE PENALIZED (without compromising security)
And these attributes of the SafeCoin is just a byproduct of the design of the network itself.
The main purpose of MaidSafe's SafeNetwork is not being a cryptocurrency but a robust, secure, anonymous and totally distributed internet, in its fullest form as a communication and also storage network, where data is privately stored/hosted forever without recurring costs.