Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
TaunSew
on 24/04/2014, 16:39:51 UTC
Off topic.

Stolen MTGOX BTCs going to maidsafe ipo?

https://bitcointalk.org/index.php?topic=579797.280

Maidsafe had almost no presence on the net a few months ago, it was some obscure vaporeware project.  Suddenly, out of nowhere, they annouced some coin and received millions in hours until it was partially closed.  

Someone invested 900 BTC ($450K) in one transaction alone.  Based on what?  No photos and stuff copied from freenet?  No escrow?  No marketing?

Get your thumb out of your arse. Maidsafe has been in development for over 8 years, they have presented in universities and even a google developer talk which can be seen here:

https://www.youtube.com/watch?v=fLA77zxk-vA

Their code is open source and can be seen here:

https://github.com/maidsafe


Stop looking at technology in terms of its IPO, That's ignorant closed minded and emotionally driven.

I was referring to the coin.  If these guys need money then they should be selling equity (especially at the prices they're asking) not coins.