AUTONOMI Token - Price & Trading topic

Depends on the value of the token, how many stubborn nodes remain, and how much data is actually on the network to support. So it might cause problems. Given that rewards are 8% ? I think … that’s a lot of value to harvest, so they may stick around for a while - but will surely be artificially depressing the price of :ant: token.

I hope that’s a rhetorical and you are just asking yourself to help you think of the answer, because if you can’t come up with one, there’s nary a chance that we can! :rofl:

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I think this is actually the more important point.

We want the experience to be simple. Users being able to run a node to pay for any daily uploads they want to the ideal, especially while using blockchains for payments.

The rewards are starting to come down too. Maybe they will continue to do so? I don’t know if the short term emissions plan has been published?

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This is a key target and one we need to always focus on. I think we cannot force anything, but as the network stabilises and apps appear there is no doubt we may need changes to the supply/demand balance algorithm and that will be a first network wide or token holder type vote we will need to make IMO.

Those parts are all happening so fast and code flying all over the place right now, when this stabilises and the code is more locked in place then the governance will have to kick in, whichever way we find that makes it not only fair but in the control of the people. That will be interesting as we need to define first “who are the people” and work back.

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It’s incredible to see how things are unfolding, i am absolutely blown away by the progress!

Huge congratulations to David, Bux, and the most phenomenal team the crypto world has ever seen! :tada::confetti_ball::tada:

And, of course, a shout-out to this amazing community that helped make all of this possible!

P.S. Where can we check the current number of nodes?

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Did this guy just collect 80K ANT from rewards in 2400 transactions?

https://arbiscan.io/address/0x4df9e33c9c4c08e07a7cebedf64824f25b8fcb3f#tokentxns

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seems a lot of it originated from the airdrop last friday?

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ANT’s current marketcap position should be around 186 given 20 cents a coin, not bad

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I have not said any of the things you’ve just implied. If I have please point it out, or better challenge it at the time.

I’ve said things that are true. Including that the team are top notch, working incredibly hard (overworked IMO).

I’ve not insulted anyone. I point out discrepancies between what is said, how things are presented and what I can personally see. Where I’m wrong, please correct me based on what I say.

I recently asked some important questions here and on the discord. I got no reply. I mentioned that here. Is that insulting?

I’m the person being insulted and misrepresented here David.

As someone standing up for the fundamentals for so many years I find your words shocking, and uncalled for.

Autonomi have always been able to attract top notch people, and that hasn’t changed in my view, so please don’t make out that I’ve said anything other than that about the team.

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I agree with @happybeing

A few of us old-timers here have come out against this or that, from time to time and sought feedback and clarification.

That shouldn’t imply that we are adversaries to anyone here, just the opposite - we want what’s best for the project, it’s supporters, and investors.

We are just the ‘tough love’ peeps, dishing out our feelings on decisions we don’t understand … so please don’t misunderstand us!

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Looks like a collecting of beta rewards. People went crazy with eth accounts for sepolia

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This was the core of my question. Back in September we were told it would be possible to eliminate much of the blockchain barrier, such as gas.

What’s missing right now is a way for ordinary non blockchain folk to get involved, and especially upload. Without that I find cheering 2m nodes hollow. With it I’d be ecstatic.

Even with some idea of what should be possible if be happy, but we’ve heard nothing about mitigating blockchain since September.

I’m not suggesting it should be in place, or being worked on (because I can’t second guess technical priorities out here). I was asking what the possibilities are for this. That’s all.

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There are a lot of folks and “organizations”, which I use loosely in this context if you know what I mean … who have been farming rewards on other storage networks, so when they see there is a new one, I imagine they just add them into their mix. So basically a huge amount of storage with technical expertise has been in this space for a long time now and shifting over to farm a new network when it offers a reward system is a no-brainer.

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this is a problem we have recently seen. Implications and these implications are something new to this forum from folk who are respected members of it. I have seen many times, sniping and tones of abuse and doubt as to peoples integrity.

I can say you have been and still are an important and valued member of this community. But I keep seeing things like
they won’t tell us
*they won’t speak to us
and much more, it’s amplified, purposely or not and in ways that are accusatorial.

So yes, I always appreciate critique, but the feeling that we as a community are working together has been moved to a battle of sides now and that is 100% wrong. It was never like that and all the work you are doing in awe and web is brilliant, but there always seems to be a sting in the tail these days and we don’t need that.

Can we not go back to just respecting each other and understanding the pressures some are under to get us to where we are and work as a team. It does not need to be red verses blue here, it never was in the past.

I get a feeling some folks seem bitterly hurt and I cannot see why, there seems to be a real desire for revenge of some kind and again it’s not clear.

Thinking moving forward is ignoring the fundamentals is clearly wrong, but continually pushed as the new way, it’s not, the fundamentals have not changed, but getting there is a journey for sure. We cannot wait will they are all in place then go. We need to get traction, we need a network running, we need to fix the bumps and we need to do it together. Not as adversaries, I have no idea where all that happened, but it’s wrong 100% of the time.

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Not From me. I said what I said, so if you wish to criticise what I say please quote it.

Your post implies that there’s a long history of me criticising the team. I have occasionally pointed out things that to me were disingenuous but don’t wish to list them here. If you care to point out why, in those few cases, what I criticised was actually honest, or an understandable mistake I’ll be happy to discuss.

I find that people, talking in general now, criticising critique or anything they perceive as negativity rarely look at what is actually said, much less quote it so that it can be addressed or responded to.

It’s a thing online that people often reply to what they themselves imply rather than what is said.

I try, not always successfully, to be accurate - writing what I mean explicitly - so people should always look at what I actually say rather than what they imply or assume themselves based on goodness knows what.

If anyone thinks I’m wrong or being unreasonable I’m happy for them to point that out. But mostly I see unspecific criticism that is full of things which don’t reflect what I think or say, yet which might be aimed at me.

So occasionally I respond to those “too much negativity” comments with what I actually think of have said, but to little avail.

And now all this from you.

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I’m going to stay away from the forum for a while.

It’s too painful for me to be here as well, and I prefer to work on code but at times I do have to engage here as well.

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From what i’m reading we have a rapidly growing network that isn’t being used. This is creating a increased supply of ANT tokens with almost no demand for the token for uploads.

If this is the case it feels like there should be some mechanism in to cap the size of the network until it is for example 90% full of data. I can see the need for getting the network big enough in the first few weeks to have enough capacity, but it seems like bad economics to be paying nodes to host no data to infinity.

This reminds me a little of the problem Satoshi had with the block size early on. With no limit on the block size the network was open to attacks.

I think it is very impressive that the network is working with so many nodes… a massive well done to the team for achieving this and i’m sure they are learning lots. But just like any engineering project, problems arise during commissioning and it has to be adapted. We are clearly in that phase, but we wouldn’t be here if we hadn’t tried, so for me this is part of the engineering/commissioning phase. I’m sure a solution can be worked out.

Keep going Maidsafe.

Be respectful. Everyone wants the same goal.

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I hope you do keep building Mark, yer a good person, but I do feel you are not your usual balanced caring self when talking about the team. I do know though that your core is one of peace and caring. So I hope some time out is good for you. The community do respect and admire your passion.

I do too, but recently I have felt there is an imbalance in the force and it’s unusual. It may be the fact it’s all happening and quickly and that is scary as it could be dangerous to the project etc. but in any case. We don’t want to fall out or be misrepresented in any way. So my very best wishes man, you’re still a stand up dude.

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I do not talk about the team, except to praise them.

Please stop misrepresenting me.

I’m not going to read any more of this.

Good bye.

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Clearing the air can be painful, but it’s worth doing so you can build understanding.

There are obviously crossed wires, but it will only be solved by positive communication, not non-communication.

Maybe you and David could chat on DM to try to understand each other? May be easier to make progress than doing it in public?

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