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

@19eddyjohn75

safe files download "nanosold.jpg" 870d4d6b39144e4f6be043f1518eefe821fa77bbdc0034094b38e3228ef49fe7
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Thx bro :vulcan_salute:

Btw 1 nano for ā‚¬0.01 or ā‚¬1.00 is a kidā€™s game, imagine them using a random number generator to establish the price between 1 and 100 cent, in stead of an exchange. I can already see these kids selling each other nanos, while their parents are depressed and wonder why MAID doesnā€™t go up and is forever ā‚¬0.00 on exchanges :kissing_heart::upside_down_face:

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cost me 8 nanos to upload it :rofl: :rofl: :rofl:

**************************************
*          Uploaded Files            *
**************************************
Uploaded "nanosold.jpg" to address 870d4d6b39144e4f6be043f1518eefe821fa77bbdc0034094b38e3228ef49fe7
Among 4 chunks, found 0 already existed in network, uploaded the leftover 4 chunks in 37 seconds
**************************************
*          Payment Details           *
**************************************
Made payment of NanoTokens(4) for 4 chunks
Made payment of NanoTokens(4) for royalties fees

which with some ruff maths

Ā£2.36 for 24hrs running server which the nodes brought in about 400 nanos

Ā£0.006 per nano

so it cost Ā£0.05 to upload your jpg :rofl:

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Iā€™ll give it back when the time comes thx, this is why 1 nano 1 TB makes sense :beers:

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think we can let it slide this time :slight_smile:

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No I owe you, you canā€™t give nice scripts and upload for free Iā€™m feeling like a freeloader :beer: :beers:

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Thatā€™s exactly how you should feel if you ever get 1tb of permanent storage for next to no cost :laughing:

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Imagine how I feel :woozy_face:

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Storage, DNS, Tx costs all these things are so irrelevant, compare to curing diseases, totally getting rid of poverty/uneducated people, living in harmony with each other on spaceship :earth_africa:. I donā€™t feel like a freeloader, that 1TB will give the storage thatā€™s needed for someone to be thinking about for instance creating a app, in stead of being monthly reminded to pay up.

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.

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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.

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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.

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

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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

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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.

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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!

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

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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:

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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