I sat and watched the vid, and your right, clearly has no idea what maid is.
He also does not see an issue with the current internet, and thinks it works just fine.
He would prob never invest in maid with that opinion.
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I wouldnāt want to be him next year.
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People said that last year alreadyā¦would be nice to see results
2 years, then. Somewhere around that range.
I donāt remember anyone saying that, though. I mentioned 2020 last year, hehe.
Probably 2021 at latest for semi-mass adoption. Just my opinion, of course.
Makes me think, though. Thereād have to be articles and studies saying that Safecoin is safer from hackers/governments than any bank. Which would be true, but some wonāt believe it quickly.
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I think safecoin would emerge as a currency more because people are using it for the network then think hey this thing I already have is like better then normal money as a general medium of exchange. Like cell phone minutes in some 3rd world countries with crazy volatile currencies.
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Iām just going to close my eyes and stop at part of a youtube comment and review it.
Andā¦
Oh dear.
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yt somehow recommends me his videos.
sometimes I click on them.
then I get mad.
donāt go that path.
Edit:
HAHAHAHHAHA,
Ok, I watched it. it actualy made my day.
Now I want Safenetwork more than ever to succeed, just so I can sell a Safecoin, go to the place where he lives and play this video in front of his house on a huge display.
If you feel the need to watch it (which I do not recommend), start at 9:45
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Thanks for all the responses yesterday - and the detail you went into! Not sure if I understood everything, but sure helped. Assume with the greater coin market going up there will be more questions to come - which I am sure will / should be a good thing.
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The price about 2700sat is lowest since Jul 2014.
In Jun 2014 the bottom about 2200sat was at $0,013
The Bitcoin and MAID had in last 5 year quite similar ROI
just sell MAID for BTC~it makes investors so upset~
āPS: I will hold my coins till the end of 2016 to consider to sell!ā
You still keep some ? Why you did not sell after Parsec was releases ?
On the contrary, it would no doubt make the investor you sold to very happy.
Economy #0 work for companies/people deciding how to run your life (you own nothing in this economy, read your bankās small print to get the idea, even billionaires are holding 
stocks.
Economy #1 work for an autonomous entity and individually decide how to run your own life. If this economy gives you any hint, you wonāt have the idea that you need institutional investors or fiat for that matter to give value to what you do. In other words kids, create apps on the SAFE Network instead of talking about the price of this Maidsafecoin thing. Fun part is that you really own everything in this economy and your purchasing power canāt be taken away #inflation #Fractional Reserve Banking. Next time you have a nervous break down let it sink in what Maidsafe is really deliveringā¦
Hmmmmm how depressing this has nothing to do with price & tradingā¦
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I am just wondering where is the market depth to push it back up. Sure I hear ppl be like ima buy/HODL all the time, thatās great, but did you go all in and not save any buying power for this? I am buying the dips, but a bit scared I am like the only one left with some BTC lol.
I bought some for long time this week as well.
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ya whether you are short term fliping or long term HODLing you should be looking to pick up these dips. If you got all excited and went all in already err well maybe even think about selling if you think you can catch it cheaper given the current market depth.
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Funny how spacecoin was tacked on, as crowd funding became a thingā¦but in Davidās writings he describes it as being the oil of the engine (network) i.e very centralā¦not sure how that thinking evolved as Iām fairly certain it wasnāt part of the original brainstormingā¦maybe because of central role ātokensā were taking in the early days of ācryptoā.
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Before then we had perpetual-coin, it was around 2006, but we had issues with patents etc. as that time investment needed patents. So we switched to vaults earned tokens that were able to be used to store data etc. It was easier to tell that story. When bitcoin came along it was then easy to tell how these tokens were transferable and could act like money. That transferable part meant users did not have to run a vault to get access but could have them transferred. That is a much nicer solution and then we called it safecoin. That meant defining things like farming rates better as focus went there as folk asked, how would that work and why not use bitcoin etc. That was an easy thing as we already had the token design for a utility token and it required the network āmakeā them and we called that farming. So it all came about in that order really. I am sure there will still be videos and papers on perpetual coin floating around (2007 timeframe perhaps). There was also a paper that Paul Grignon in Canada (check his videos on money as debt) spearheaded about perpetual coin and it went around a bunch of economists to evaluate things like valuation/devaluation/interest/loans/credit facilities etc. Paul was great at that and did come to Scotland to visit and get more info. Sadly it was all too slow though in terms of us releasing, but the exercise was good for us all. We still owe him a lot for that work.
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Thanks for the background David, Paul Grignon will be a good guy to have on side when the time comes to explain the Safe Economy.
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Digital Coin
A Design for a Technologically Innovative, Sustainable and Self-correcting
Software Medium for Trade and Capitalization of Production
With Digital Coin, the userās experience would be almost identical to using PayPal but the
mechanics would be significantly different.
Step 1. You would log in to the software on the computer in front of you, which could be
anywhere in the world. The significant difference is that this login is just between you and the
software, not a third party. You are not logging in to PayPal or any other entity. You would input
your username, PIN and password, just one more box to fill in than PayPal requires.
Step 2. You would pay the seller by transferring ownership of the Credit Coin you have to the
seller. All prices are in Perpetual Coin. Therefore the actual Credit Coin payment will be
automatically computed, taking into account each Credit Coinās current PC value (buy/sell ratio).
Which Credit Coin gets spent first will be automatically determined according to defaults or
preferences you may have set. The seller may reject some Coin as not being on its accept list.
All this happens āunder the hoodā. The user just agrees to the price and pays it.
Step 3. You log off and all trace of you is erased. No records are created unless you create
them. No one knows this transaction happened unless you want them to know.
Thus we can say that the Digital Coin userās experience of buying and selling would be identical
to using PayPal. It would be just as easy and convenient. The differences are: no password has
been transmitted, no third party was involved, no third party is aware of the transaction, no fees
have been charged, and no records have been generated except those you chose to keep.
Currency conversion would be unnecessary as all prices are denominated in Perpetual Coin, a
universal unit.
This does mean, however, that every time the Coin user checks how much Coin they have in
their online Vault, the total will be slightly different, because the Credit Coins will vary in Perpetual
Coin value over time and relative to each other.
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