I’m planning to invest, but to me the predicament is the choice between MaidSafe equity & MaidSafeCoin (which I need to sell to buy equity, as I have very little money).
If all goes well, and MaidSafe eventually sold out for £1bn, I’d get around a 33x return on investment, which is awesome.
However, in that situation, the Safe network has probably been successful & I’d likely have made 100x+ on MaidSafeCoin (if SafeCoin reaches Bitcoin’s market cap, it’ll be a 250x return on today’s price).
Basically, the ratio of the current valuation of MaidSafe to the current valuation of MaidSafeCoin makes me think I’ll be better off holding onto my coins.
I can’t imagine MaidSafe being worth more than the market cap of SafeCoin in the event of a successful network, but the ratio of MaidSafe valuation to MaidSafeCoin is close to 1:1 at the moment.
However, most investors don’t hold MaidSafeCoin, and a possible return of 30x+ should be very attractive. I think the valuation is fair, so I’m not sure why more people haven’t bought in yet.
Ok, where is the people thinking like you? I don´t see them.
I think is safer to say that potential and facts are two different things. First belongs to unknown world, second belongs to known world. If we move into unknown world exclusively we can project whatever scenario. The fact is that is not “real”.
Good thoughts. Difficult to know what’s going on behind the scenes, and although I don’t feel the the success of the SAFE network is predicated on a successful equity raise, it certainly can’t hurt! So as others have said, investing in the equity if you already have MaidSafeCoin will strengthen the value of the coins.
I’m not looking at this in the purely economic terms of ROI (though I totally understand that people should be). Just seems like the best way of helping/thanking the people whose hard work I stand to benefit from.
Seems to me like there are 1 or 2 right here on the forum and it’s actually because there are very few people thinking like me that I believe there is a lot of upside. A lot of people thinking like me makes me scared.[quote=“Chuki, post:381, topic:11039”]
I think is safer to say that potential and facts are two different things.
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If it could be proven without doubt that and end-to-end encrypted, fully-autonomous P2P network works then the value of that network would be several orders of magnitude higher than €37M. You’re not going to get a high return with a investment that has already proved itself.
It seems to me there are a few more of the current 83 btf pitch [quote=“MerkleTree, post:383, topic:11039”]
If it could be proven without doubt that and end-to-end encrypted, fully-autonomous P2P network works then the value of that network would be several orders of magnitude higher than €37M.
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If works… absolutely agree
cristal clear after this pitch. Here you have your pendrive and thank you for the fish.
I think the time for distributed technologies has come of age. The block chain was timed perfectly with the financial crisis and many perceived the cause of it to be centralised power.
While block chains have stolen the current limelight, safe net is a huge leap forward beyond what block chains can offer. Moreover, we are starting to see the evidence that is all feasible in the alpha and test nets.
I wonder how long safe net and maidsafe will continue to be overlooked by so many. At some point, something will spark and ignite the markets and imaginations of those interested in decentralised money and data storage in general. At that point, it could go ballistic and the timing and amplitude will likely surprise many.
People do make very fast decisions when investing. That’s what I’m saying. You should have seen how quickly some of those other pitches filled millions like synero did. That didn’t happen because they made more economic sense than maidsafe and investors carefully picked the pitches apart to reveal the best options. This is what I’m saying, people give way too much credit to the bigger investors. They have not put in their 5 and 6 figure bets yet because they just follow the crowd and most will do much less due diligence and put less thought into their decisions than some of the small fry will. The assumptions and reality are just like poker… some big players are more careful, shrewd and sensible, but actually most are not. Most are just led by their intuition/gut and fool themselves into thinking they have looked properly into the fundamentals,
This is exactly the point I am making… you are one of the majority of people who defer your judgement to what the crowd are doing. You think the pitch value is demonstrated by people’s interest in it and investment. You are not alone in feeling like that. Most people do. Although it has nothing whatsoever to do with the reality.
If everyone sees the value then there is rarely any opportunity. That’s why the most profitable pitch on BttF yet also failed… no one cared about eth and it’s $70M market cap in 2015, no one invested in mining it so it failed. Then when it wasn’t profitable any more but everyone agreed it was good, they all chucked their money in to a terrible but popular investment with very high risk and very low returns.
Not sure I agree with this. I think one could demonstrate how undervalued it is in a few different ways. Not sure it’s worth walking down that road though. Each to their own.
I don’t need the crowd to agree with me. In fact, I feel much more confident if I’m aligned with a small group of smart dissenters ;). The crowd will get there when they can see it and don’t have to rely on their imaginations.
Immediately before a large, rapid change, most people are wrong. Otherwise it couldn’t be a large, rapid change.
This is not to say it will happen, just that the conditions are right for that possibility. And won’t it be nice to have been one of those to be ready, involved, witness, and playing a small part in it!
I sensed this about bitcoin when it was $1 and still possible to mine on a PC, if you were patient enough, which I wasn’t! I’ve learned that lesson so I’m sticking with MaidSafe and it might just turn out to have been a lucky break not to be a bitcoin millionaire!
Fingers crossed the offer picks up and makes the minimum, but if not, I will stay and help David and the team to do what they need to do.
It’s great to see so many here have that same spirit, and not out of blind adoration or faith, but for a variety of good reasons, and much understanding based on life experience.
I guess we can speculate all day long about how “cryptomarkets” work and the psychology and all. It is, I agree, very weird in general. A lot of fomo that drives the cryptosphere, and a lot of hostility between projects. Whenever I take a look at bitcointalk I’m baffled about all the unrestrained FUD and hostility everywhere. I’m sure theres already companies providing FUD services.
It goes to show what a powerful part marketing plays in manipulating people, especially in the cryptosphere. You need to really dive in to understand the pros and cons of all those projects, which is something a lot of people don’t. Then they invest heavily in this new “supercoin” during a pump, lose all during the dump and then get pissed at everybody else for not supporting the supercoin. Ah, humans. Gotta love 'em .
Regarding Safenet. The more I dove into (hours of reading, listening, watching, listening to FUD, reading again etcpp) all those projects and coins that are currently developed, used and/or hyped, the more I realised that they are all blockchain based, which they obviously sell as a pro argument. But, it also means that more and more competitors will arise (and one can already see it). And while theres still a lot of growth potential for blockchain-based products, they’re all based on the same principle.
That’s why, in my humble opinion, it makes sense for any crypto-investor to also invest outside the blockchain (e.g. safenet) - you need diversity, especially in such a young and “dangerous” market.
I resonate with Jabba and MerkleTree. If ever in the future there is to be another crowdfunding or even if Maidsafe could benefit from understanding group mentality then they would do well to contact Jabba for consulting advice.
It is not my case, therefore you make your affirmation based in subjetive assumptions.
Not the pitch value, the pitch success or we gonna discuss this too?
And if “no one” sees the value (it is not this case), what that means for you? All of you are wrong? This is what you mean?[quote=“Jabba, post:386, topic:11039”]
Not sure I agree with this. I think one could demonstrate how undervalued it is in a few different ways.
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One could demonstrate the opposite too and this does not mean nothing.[quote=“Jabba, post:386, topic:11039”]
Not sure it’s worth walking down that road though.
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Too much rough things to say in how they are coducting some of the problems, I don´t work in/for Maidsafe therefore is much easy for me Besides, talk is easy, do is not. Lets see how everything goes, they can reach success yet.
It’s too little to bother calculating. just send it to an omni wallet and you’ll have btc for fees there, that’s all it is good for really. it’s only a quid or two a year.
Safecoin is the only bonus worth thinking about… and really, bonuses are just noise, it’s all about maidsafe and buying into all that hard work and history.
and it’s actually because there are very few people thinking like me that I believe there is a lot of upside. A lot of people thinking like me makes me scared.[quote=“Chuki, post:381, topic:11039”]
[quote=“MerkleTree, post:383, topic:11039”]
Here you have your pendrive and thank you for the fish.
so I’m sticking with MaidSafe and it might just turn out to have been a lucky break not to be a bitcoin millionaire!
Besides, talk is easy, do is not. Lets see how everything goes, they can reach success yet.