fwiw I didn’t take to Mastodon… it’s too fragmented and lacked the people I wanted to follow. One solution that twitter provided did work… though I left it a while back and not intending to return, it’s more attractive for that difference still. Perhaps it’ll evolve but critical mass is a key factor to success.
Take away though still off topic for this thread is that fragmented solutions which are a confusion of where is that one object, work less well that one source of truth where it’s always found if it exists. Data in the same one place is a big strength.
[quote=“JayBird, post:5226, topic:32970”]
Anyway. There is ample evidence to suggest @JimCollinson will not be overly swayed by dogmatic appeals to normalcy here from forum participants repeating the accepted wisdom of five years ago as if they invented sliced bread
[/quote
As some claim they work with math then they should also know that people lie but numbers don’t. Fortunately pro Russians have no credibility because they almost don’t do anything else than manipulate and tell lies, there words often sounds nice and meaningful but almost always are hollow and without real value.
Seems Maid\Emaid is on similar relative market cap place, around 360, as it has been for quite some time. Alt coins probably moving up because BTC goes up.
So, you think MAID is rising because btc/eth is rising? I guess I am being lazy here and could check if volume is increasing… hoping active traders know and can spare me the effort
Maybe it’s best to discuss potential market cap, as we don’t yet know whether a solution will be found to distribute the 70% of supply earmarked for farmers.
If the network functions well, isn’t too expensive to store on, and gains traction as a platform to build all kinds of things on, I could imagine ‘crazy’ scenarios where there is adoption beyond the traditional crypto crowd, and the market cap is multiple trillions. BTC ATH was around $1.2 with fairly small adoption & far less utility than SNT could have, so while I wouldn’t say it’s likely, $2 trn is a nice target for the next decade
(I remember when many thought BTC $1tln was a crazy idea!)
The only Lambo I want went out of production 30 yrs ago and decent used ones are very rare.
Jay Leno doesn’t use his much but hes a buyer, not a seller, the utter bastard.
I wouldn’t want to speculate that far down the road as the world could be a totally different place. Obviously anything is possible. I do think talking in terms of market cap makes the most sense, though, as we don’t have any tangible information on additional coin releases.
In the more immediate term, if/when they release a working Beta that fulfills their initial promises, I could see an immediate spike into the top 5, as many other projects have done, like Cardano, Iota, Avalanche, Internet Computer, etc. Then it will slowly creep back to the 6-20 range as people wait to see if it will actually take hold. From there it either plummets as it fails to gain a foothold, or it accelerates into the top 3 for the long haul, and then the sky is the limit.
So, I would initially anticipate it’s market cap could balloon to $30-50B USD range, if we are lucky, for a couple of days, and then retreat to a more modest ~$10B until we see if it gains some adoption.
If this initial spike happens in the Beta phase (before the release of SNT), only ~11% of the coins (eMAID and MAID) will be available, so using the $30-50B metric each coin would be worth approximately $65-110 USD or if in the full release phase with 30% of the supply somewhere between $25-$39 USD.
I think for children to own it you might need to create a trust. Otherwise you own it. Once they are adults you can gift anything and so long as you live another seven years it is tax free (NOT ADVICE, just my understanding so don’t act on this without checking).
I don’t know what Mastodon is, but if you build it, 45k followers will come there as well. Maidsafe had 0 Twitter followers at one point. I don’t have a bachelor’s in business, so you can trust me on this one.
Anybody’s guess… a fraction of the market for the utility until it’s mainstream… and the utility obvious is not just some dropbox… but if it were just that then… do math… then add in all the utility and wonder. Even if you’re bad a math, it looks undervalue atm…
