I would have thought those who converted to eMaid did so in order to trade, not hold. Whereas holders like me are simply keeping the Omni version until network launch.
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I agree with your statement. I never converted any Omni Maid to eMAIDā¦ but did acquire new eMAID and did sell a part off itā¦ (short term buy/sell over many months). Donāt regret the decisionā¦
But yeah, I will hold my omni maid for a really long timeā¦ (even after post network launch)ā¦ 
.
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I converted, but am still hodling for the foreseeable future. I chose to do so for the flexibility. If the price suddenly skyrockets I can pivot my plans if I decide to. If I left it in Omni, Iām forced to hold.
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There was a question yesterday on what would happen if the fiat price of a network token got very large, lets say GBP 1,000,000, would that stop the network functioning as a data storage network.
Wellā¦ last time I checked network tokens are divisible, wouldnāt that mean that if the population could only afford to buy fractions of coin the network itself would adjust and reduce the token price per chunk to meet the market storage resources needs and available network customer funds?
We have two marketsā¦ Fiat <> Coin, and Coin<>Storage and I think each market will meet the demands of the participators.
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That was my question, and it was based on the fact that the network has a hard bottom price of 30. WP does not indicate what units those 30 are. Are they whole coins, millis, micros, nanos or what? @JimCollinson didnāt answer that question yesterday. (Turns out they are nanos, according to @neo )
Anyway, when we have a hard set lowest price, the further division does not change that. I think nanos are small enough to not have to worry.
But just to illustrate the reasoning of my question, imagine if they were whole tokens. In that case, one chunk, which is likely to be 0.5MB, would cost 30 tokens at minimum. At the current MAID price that would be about 15 USD. Now who would pay that, or more to store 0.5MB? But as long as the lowest price is low enough, no worries.
More about this here:
And on the other hand, if the lowest price wouldnāt have a cap, but it would be zero, then your reasoning about divisibility would hold.
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Actually Jim did answer it, just not clearly. The WP does imply that quite clearly when context is known
Honestly if it was 1 million pounds per token, then the 10.5% (450 million MAID) converted to token would then be worth 455,000,000,000,000 pounds. Then of course there is the other 19.5% at genesis. That is then 1,288 Trillion Pounds
1288 Trillion Pounds is more than the worldās combined GDP. Do you really think it could come close before an upgrade would be done. And thats not considering the emissions that have occurred by that stage. So maybe 2000 or 3000 Trillion Pounds by then
But 30 nanos at 1 million pounds per token is then 3 pence per chunk. (30 pounds per GB) Yes too much but there is a lot of incentive for pricing to be updated long before then. Also an upgrade can increase the decimals for divisions and have picos
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I can imagine that if dollar or pounds goes to hyperinflation spiral. You have to only print large cash notes to have space for all nulls.
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The point was that 1 million pounds per token is not feasible. Not that fiat could match it, but that the cost per token is not in a vacuum. People have to have the cash to buy the token or else the price HAS to drop. So 1 million pounds per token is unrealistic by a large margin.
fiat hyperinflation would only mean that the cost per token (or price per BTC) would massively increase too. The GDP of the world could not cover the equivalent of todays 1 million pounds
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Is there a conceivable world in which this goes to 500 gbp per coin without us being in hyperinflation already?
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All Iāll say. Prices are set at the margins. You donāt need a trillion dollars to come in to get a trillion dollar market cap. If one house is sold on a street for $500k then the market cap of that street will be worked out on the last house sold and the potential value of each house from that basis.
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What might be considered a fair price in USD or GBP for 1 MB of storage on automomi?
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I need to go, but some thought by @mav from a few years ago:
I only skimmed very quickly the beginning of it, so Iām sorry if that does not lead to anywhere. Wanted to leave it here as a starting point anyway.
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If they are not being traded then the price could just keep going up. I donāt mind wales not releasing funds to trade them 
I think everyone has a price target at which they would consider selling (a bit). The more the price goes up the more liquidity will enter the market. 50ct just isnāt going to cut it for me though.
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To get back to 0,0002 we need 3000% gain from current value.
In recent weeks we moved from -99,4% to -97,2% from MAID/BTC ATH.
At that time 1BTC = 4000 MAID, today 1BTC = 135 000 MAID
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It appears that 4000 sats was acting as bottom for about 4 years since the public sale before being āforgottenā, so that naturraly making it the first target for recovery.
In that period, the BTC price was $200 - $20,000.
Anyway, this is still a microcap valuationā¦
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