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

Is there some news? The price exploded

My fault, I sneezed. There’s no liquidity.

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Perhaps this has been explained or out there in literature but is there some definitive algo or other method in which we will see supply release over time?

As far as I know the way in which coins will be generated is yet to be determined. However, what we do know is that once the network goes live, supply will increase as farmers will generate rewards for themself.

At which pace probably depends on the amount of data that will be put on the network and the data capacity of the network.

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Absolutely.

This party is only getting started - happy to accumulate all the way up to a dollar :grin: Parsec issue finally solved, such a big hurdle that’s been overcome :sunglasses:

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I know, but strange without news. Maybe someone is buying a lot

still needs to double in price from here to get back in the top 100

There really doesn’t have to be any news. Our train is moving at an increasing pace. We’ve seen more people join the team @Sotros25 is doing an amazing job gaining traction with marketing goals, there are exchange listing applications in progress, testnet is approaching (not this week) and I’ve noticed the team being more relax than ever before even though performing under high pressure for several months now. Our time is coming, and I’m sure people are picking up on that.

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That was about as much as I knew or there abouts. Hopefully supply with increase with price not hurt it. Thank you!

shame MAID isnt on the first page of coinmarketcap.com - would be top4 sorted by 24hr %, That would grab a little more attention than 2nd on page 2

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:partying_face:

I’m waiting to blow my party whistle as it passes EUR 0.50
… it’s just kissing that value, not past it yet.

It’s a bit deal. May not be as big a deal as bitcoins EUR 45,000
but EUR 0.50 is some serious currency value. You can do a lot with it.

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If the amazing future use cases don’t work out, we are currently at about fair value for a simple decentralized dropbox that can take 10% of their market share. If the testnet works, we are wildly undervalued until we can resolve the adoption question.

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I made one just like that. That is so funny we both had the same idea.

4zdoa9

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€ 0.50 ?? The direction is being good, but … Remember that there are people who buy at the ATH, so they are still at a loss …

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Still maidsafe is underrated I am buying this dip :blush:

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When they will on every big exchanges like binance and others price will auto boom :blush:

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For those who can valuate coin prices: I’m soliciting a REALISTIC three-point estimate range for 8-10 years:

  1. Best Case Scenario - tech proven, meets all use-cases, new CEXs/DEXs in US, marketing exposure explodes, mass personal and commercial adoption
  2. Mid Case Scenario - tech mostly proven, meets most use cases, access to a couple CEX/DEXs, marketing gets some traction but still under the radar, marginal adoption
  3. Worst Case Scenario - tech requires heavy code fixes, does not meet most use cases, very few new CEXs, Marketing never gains traction, low adoption

Just as an aside: I still like Waveman352’s $600 level - that seems realistic. :sunglasses:

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I think #3 is a no-go for 8-10 years. If the tech isn’t proven in the next year or two, I think the project dies. Even if Dirvine eventually finishes by himself in his basement, I think it will be too late.

For case #1, I actually don’t think $600 is super far fetched. If we assume 50% coin dispersal, on average, we are looking at ~2B coins in existence at any given time. That is a market cap of $1.2T. Bitcoin isn’t super far off from that now, and with inflation and general crypto acceptance growing across the world, that market cap is easily achievable 8-10 years from now. I would go so far as to say, it could even be significantly higher than that with widespread adoption.

#2 If the Safe Network is a marginal success, say it takes over the place of Tor and Torrents but doesn’t gain mass adoption, I think we could still hit $20-30 per.

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If scenario 1 plays out over 8-10 years (and we will assume 2 billion in circulation) $600 is going to be the floor. Essentially ask the questions of why is the network more useful then bitcoin? First, 10 years from now the bitcoin network will be valued in excess of 10 trillion. Second, the network will not just be a store of value or used as a payment super highway, it will have hundreds of different utilities and use cases that bitcoin simply can’t handle.

While I believe bitcoin will continue to be the go to store of value, a network such as this is Apple, Amazon, Netflix ect. wrapped together and put on steroids. As much as first mover advantage is sometimes a blessing, in this case MAID has potentially hit the sweet spot. We don’t have to go through the acceptance cycle of brand new technology, we can be lumped into all crypto for that and piggyback. We also can point to the failure points of a network like ethereum and show the better structure a system like MAID can offer.

When Amazon, Apple and now tesla broke on the scene, legacy investors had to learn to recalibrate their valuations away from purely book value, enterprise value ect. and realize that some of those old metrics were no longer telling the whole story. I think going forward we are going to see a few of these projects relatively easily obtain trillion dollar MC.

If scenario 2 plays out, I would think you would see something that has tons of functionality, a really good following and people who want the kind of protection and use that the network can provide. I would say then you see something like a PayPal market cap. Specific functions, something people use to store data, it’s big but not massive.

If scenario 3 is being played out, I say the project is dead and doesn’t see that decade mark. Either that or it exists as a hobby play ground that people enjoy and tinker with.

10 year predications @ 2 billion tokens:

  1. $1,500 @ 3T MC
  2. $125 @ 250B MC
  3. $1-$5 (probably never made it to 2 billion tokens)
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