MaidSafeCoin (MAID & eMAID) - Price & Trading topic (Part 2)

Launching the bomb and playing duck&hide:
New price speculation after the ERC20 story? Updates to your old predictions? Miss the posts from this thread around the timeline when Bux started as new CEO.
/me hiding now and taking some popcorn.

As the max supply will be halved I predict between 10-30$ within 12-24 months. Also example If Elon Musk buys some then it can be anything above $30 and if somehow the people behind Tether would be caught then it might be less than $10 for a year or two.

As the network will seem like it will have more of a soft start then it might take 12-24 month before it gain traction of the masses. Depending on marketing and if hype can be built things could change, which exchanges added and so on, then things could change. Prediction around launch 2-5$.

That is my 2 cents, not financial advice.
After launch that is were it all begins, community spreading the word making material on what Autonomi is, what it does, how to use it and why it is the best network in the world, that the awesome community making essential apps, games, art and so on that will make the network come to live.

That Maidsafe with fresh funds continue to develop, marketing, educate and inspire. That Maidsafe grows and getting a more complex organisation structure, and more people.

My 2 cents.

3 Likes

Iā€™m actually quite surprised to not see the price spike yet on the news max supply will be halved. Effectively it halves the market cap of the project & doubles the value of peoples current holding. I was expecting it to take the market some time to fully price it in, but no movement whatsoever, was not expecting that.

In other news, Bitcoin dominance is also reaching multi year resistance, market going sideways for extended period of time is usually the start of an altcoin run.

Iā€™m expecting a significant move up somewhere between now and a few weeks.

2 Likes

Some how I have felt for years that the Emaid/Maid markets have been artificilly controlled. Need more mass, more marketing, more real people, not exchanges who almost seem to wash trade and front run.

1 Like

No meaningful exchanges, a major deviation from the previous vision, and 18 years laterā€¦the market just is not interested in this right now.

4 Likes

lol I read something about 50% but I thought this is just for some test, but now I read again, and u have true probably, there is 50% less token max supply in final network, thats not bad

1 Like

Well, nobody is going to be helped out of poverty by running a multi-terrabyte node in exchange for 1 or 2 nanos :smile:

But yes, what the network can achieve is more valuable than the earnings of node operatorsā€¦ but it canā€™t achieve anything without them!

And yes, paying once, no ongoing costs / being tied in to some walled garden will be a significant benefit to many.

4 Likes

I think itā€™s been countered by the negativity from some of the community about the changesā€¦ and that they havenā€™t released details about the new token issuance plan.

Long term 50% less supply is fantastic, but if the new plan meant dilution occuring more quickly, it could still be negative for medium term prices.

I expect it will be a positive for short / medium and long term, but the 50% announcement is only definitely beneficial in the very long termā€¦ Iā€™m keenly awaiting more details around the plan!

4 Likes

From what Iā€™ve heard that donā€™t seem to be the case.

1 Like

Yes, I expect the aim will not be to reduce max supply by 50% and then dump huge quantities of token on the market soon after launch :slight_smile:

3 Likes

Iā€™m only curious as to what part of 2025 will begin the native token. February? Spring? Summer?

Based on all information so far, with the Thursday update being the most recent culmination, it seems like the network will exist as always stated, barring two things: [nearly] zero fees and [nearly] instant speeds, which I imagine investors are still interested in.

Based on 1) what the ETA of these two features involving fees and speeds is, +
on 2) knowing the fact that the supply has been halved, I believe =
A) the answer for price speculation/actualization will arise.

  1. is a negative pressure and 2. is a positive one.

(How much weight of negativity the 1st has depends on the answer of this postā€™s top line.)

A third force exists involving shock factor of the overall news, which is brought about from the necessity to keep things not 100% public until they are.

1 Like

The idea is that you pay 1 nano and that you can upload up to 1TB, so if someone decide to upload 1MB and pay 1 nano thatā€™s also ok. What gets lost in translation, I think being a noderunner is not the only way that you can make money on this Network. Youā€™ll have a broad range from streaming live with that 1TB that you got available, to get paid 1 nano for a like/comment/subscribe on your video. We should stop talking and get to coding, helping others run nodes.

Helping people out of poverty start with giving them a store of value.

1 Like

Honestly I think the price in January for the new ERC-20 token could be a lot higher than the comments above are suggesting.

The team is more commercially focussed now with @Bux on board, and I think will publicise the launch heavily.

Combine that with exchange listings, and the story of an OG project rising from the ashes, and I think we will enjoy a good start to the year :rocket:

3 Likes

I donā€™t think thatā€™s the case. The new total max supply according to the whitepaper is 4,294,967,296. This is roughly 10x the amount of the max supply of MaidSafeCoin (452.55M)

My understanding is that they plan to reduce the future max supply but it would still be much more than the current. In the end price will be determined by the circulating supply of course.

2 Likes

I donā€™t think they have changed the whitepaper yet.

That is the old, the new will be half of that.

Around 2 200 000 000 will be the new max total supply, if nothing changes.

3 Likes

The price is stagnant/dropping because if the following too
So the current iteration of the network is not a Beta then?
Itā€™s certainly a Beta in proving the networking fundamentals work. It has also demonstrated that there is more work to do on transactions than we had hoped.

I hope the price does drop more, so we can buy more

1 Like

I think this is a great time to accumulate. Thereā€™s a bit of despair and confusion among some of the community, which may be suppressing price a bit, and there are multiple upcoming events that could hugely increase eyes on the project. The network will become far more tangible when user-facing apps start rolling out, and excitement will build.

There may be more opportunities to buy in cheap in the coming weeks ahead of usable apps, marketing, and partnership announcements, but once this thing starts gathering steam, a little extra demand could push the price up a lot.

Iā€™m keen to hear the updated plans for TGE and token emissions when theyā€™re published.

6 Likes

-2%ā€¦ I would think people having been around for a while wouldā€™ve seen real dropsā€¦ Thatā€™s not even worth mentioningā€¦

3 Likes

$0.43 ish - how much cheaper do you want it?

BTW if I had a spare $4-5 k I could move the price to $0.54 ish

2 Likes