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

Agree and I know token price or more importantly, price performance, has never been too much a focus by the team in the past, but I do think it matters and is what attracts people of all sorts to engage.

Nothing is more of an obvious example than Bitcoin. The price, and limited supply is what helps drive its game theory.

There will always be more energy production to support future bitcoin mining because of its profitability, even driving energy efficiency. Similarly, we’ll always have more storage created and put online to secure our network.

As long as we can clearly define a similar and profitable proposition to join and use the network, plus all of it’s benefits to our fundamental rights of privacy and ownership, then I think we’ll follow a good trajectory.

We have a pretty pure cypher punk project (besides having a founder and company build it) that should resonate with bitcoiners. We aren’t Bitcoin but we have the same roots.

Just my opinion of course.

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Agreed. A healthy token price / economics is needed for a healthy network. It seems, especially of late, that strategic decisions and management has been less than supportive of a healthy token price / economics.

For example, this is why I find it concerning that it seems very likely that TGE will not occur in January, but a delay has not yet been formally announced. The lack of transparency does not engender trust. One thing that I appreciated about @Bux is that she leaned towards transparency, but it seems we don’t hear much from her anymore. Even the Stages are no longer scheduled. It feels as though management and direction is regressing to how things used to be (no clear delivery dates and no clarity as to why).

Again, I find no issue with a delay if a delay is needed. However, I think effective communication is key. If there is a delay, the community should have been told. If there is no delay, that should be formally asserted too.

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I think we can assume there is a delay with today’s announcement that the rewards will carry on after tomorrow. The sad thing is that appears to have been announced because @Josh made a point of how ludicrous it is to announce the inevitable on the last day again. I know the team is super busy but a simple “we are delaying for these reasons………” wouldn’t take much time and would be very much appreciated. Not the first time the communication has been absolutely awful even though we were told it would improve.

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I think the team are just heads down and pushing for launch. I trust @Bux and the rest of the team, and I think she will get us to a successful launch.

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I don’t doubt Bux and the team will deliver but my point still stands, the communication when deadlines approach has been poor.

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This project is DIFFERENT, it has always been like this.
My intuition tells me that we don’t want to artificially pump prices ahead of time…
The news and the Internet will arrive before we know it…
It will be then, and only then, when the “market” will decide where the price goes.
There’s little left…let’s enjoy the trip.

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I’m impressed with the volume at the moment.

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In my opinion the level of transparency we expect, the milestones promised, and hype we would like for a project so unpredictable, just don’t jive.

I think people should expect a little less to be honest.

We’re lucky to have @bux, @JimCollinson, @dirvine, and the rest but this tech is unique and hard to even have timelines for and that makes every single one of their jobs, in terms of pleasing everyone, next to impossible.

It still boggles my mind that so many here were happier when we just had an idea and not anything tangible.

Personally I’m way happier now that I have a node on my computer doing what we said we wanted rather than hoping the next breakthrough would possibly make it a reality. Or when a long awaited testnet would last a whole 5 minutes before crumbling.

Maybe we just know the heat is on with the bull market or expect more now that there is something? Idk.

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Silence before the storm that is to come?

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The expected “quiet” period.

One could only hope. Remember when they said:

Honestly, this comment puts it so well:

The issue is when communication is sparse and contrary.

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As might be required by some potential exchange?

I don’t think exchanges demand not to talk about current state of development of data types/api and stuff Oo

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Spot on!

For years there were no regular updates, no meaningful software to run, just lots of good ideas and a supportive community.

Now we are close. We have a working network with almost 400k nodes. We have fast downloads within 500ms for smaller files. We can upload archives, which is also getting faster too.

This is AMAZING!

Of course, there are still many rough edges. The home router issues are ruining the experience for many and need attention. But… it works on good routers. It works pretty well in fact. We should take massive heart from that. We can work forward from here to include more and more devices.

We also have the basics to make apps. Yes, the API needs more work and we have limited types. Yes, some changes have broken things to make them better… but this is still better than any other distributed data network, afaik.

Maybe it is because after waiting this long, folks are nervous about the reception of the live project. Maybe with the big things solved, worry inevitably turns to what remains. Maybe because many are on the inside looking out, it is easy to look past the big wins, and focus on what is missing.

The team need support and enthusiasm though. They will all feel under pressure. They will all be beating themselves up over what is outstanding. But they will also realise the importance of getting something launched.

I’m happy and grateful about the state of the network. It feels like nothing can stop us now, as long as folks get behind the network and really help to heave it over the line. Contrucrive criticism and attempts to help will surely be appreciated. We’re almost there guys, let’s be encouraged by that! :partying_face:

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That’s a red herring non sequitur.

Why would an exchange require sparse and contrary communication about the health, status, marketing, partnerships with devs/data up-loaders, and launch date of a network? All of those things are separate from information about exchange listings (I.e., what exchanges and when, which would be under NDA).

Yes, because this project has a lot of negative opinions to overcome. It has been seen as indisciplined vapor ware for so long. The rebranding was an attempt at a fresh start. Why squander that? It’s not that hard to type a simple message on the status of the network / TGE. It’s not that hard to refrain from publishing questionable statistics on the capacity of the network. It boggles my mind that there would be more willingness and comfort to publish numbers that many here have refuted as inaccurate than to just share the simple truth about the likelihood of a TGE delay.

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This. :point_up_2:

I don’t want to gloss over the communication issues either but the level of criticism piled onto that is an even worse look to outsiders and is a form of self sabotage.

Also I definitely don’t think they are attempting to be dishonest. The storage capacity thing is a matter of perspective and an issue the team are currently even working to address (over provisioning) so when people make statements like that knowing the team know and are working on it, it’s kind of a gut punch.

How many people here could mine Filecoin? I’d wager close to no one. We have Autonomi nodes working from home computers over various routers, the team are sorting through the payments and provisioning as we speak, get more excited.

I will say though, I fully respect the honesty and communication of those that are being real and pointing these things out. That is a level of honesty and maturity most people don’t have but I also think it does more harm than good after a point and in particular situations, such as a novel and unpredictable technology like this, that is now also a moving target.

We know these people and they’re working harder than ever for what we believe the world needs. No one said it was going to be easy.

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This is why I haven’t posted much over the past year +, TBH. But I think it’s better to at least show that we don’t all have our heads in the sand because pointing out the issues and requesting transparency makes this community more reputable and trustworthy. Ignoring these issues doesn’t make it such that those outside this community can’t see them.

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I definitely get that and like I said, I respect that. But I’m speaking up about over speaking up, if that makes sense. :smile:

It’s like it’s helpful up to a point but then it’s just a swarm. But I should have a limit too, so I’m going to zip it now, haha.

Peace and love to the community and the hard working team.

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If I think something is wrong I’ll let it be known even if it’s a team I fully support. I’ll step back now like @Nigel, enjoy the rest of your Sunday :+1:t2:

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The only thing that matters is a functioning end result. Of course, it would be appreciated if delays are communicated earlier, but whether or not that happens is not the essence of this project. The goal is to build a fully functional decentralized network written in Rust, and that’s the beginning and end of it. This project has taken decades to reach this stage, so whether there are immediate delays is not what’s important. If you want to critique something, it should be from a technical perspective. Arguing about the team’s transparency on external factors is meaningless. If you want to critique aspects like marketing or timelines, take it to app projects that will run on the Autonomy network in the future. Infrastructure protocol development and app development are entirely different.

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