If it goes there, I will faint
4 Likes
Many investors who were caught in Maid and did not join the bull run in 2017 are now looking for an exit opportunity. Iâll be glad if we reach $ 0.7. With MVP and Safecoin sky is the limit.
It depends so much what you can do with the Fleming. I know it is not about storage, but about passing messages. But I donât know if it is going to be about passing some user generated messages like SMS/Twitter/email -type of messages, or only the messages that the network itself needs to pass for it to work, such as PARSEC related stuff, information about nodes joining leaving etc. (Maybe someone from @maidsafe could comment on this?)
If there is something to play with, then I think it will draw more attention and this will rise the price more. If there is not anything to play with, then the price will rise, but less so, because then Fleming is interesting to smaller audience only - and for a shorter duration.
EDIT: I mean when PARSEC was released about a year ago, I was FOMOing and bought in at about a top price. Itâs been downhill ever since. I think thatâs because there is not much appeal in PARSEC for any wider audience, as important as it may be otherwise.
6 Likes
I think you mean the PARSEC white paper, the codebase has only recently been production ready as in all bugs we could find being killed off.
12 Likes
Yes @dirvine thatâs what I was thinking about.
Can you comment on the content of the Fleming? There was talk about the M and V of the MVP in the Funding thread. @opacey suggested that the Minimum could be command line, you say that Viable is secure and autonomous, but what is the Product? I know it is a network, but what can be done with it? Could I possibly send a message to someone with it? Or is it more like Crust test a while ago, that I can just join and leave and follow others joining/leaving - and follow the metrics of the network?
3 Likes
Fleming itself is a proof of a decentralised network with routing nodes from home. It wonât do much apart from that. Minimum in this case is so minimum there is no app for users. It is to prove certain security aspects, We can add some apps, but likely not as we will march to the P of the MVP part if you like. All the frontend apps depend on more than Fleming will offer as an API (No data) and we will push right thorough to get to Maxwell with data, safecoin and apps. i.e. Fleming is extremely important and an important milestone, but is much more like the crust test but for longer and to test much more. Fleming is the thing that was seen as impossible by many and that is a great step.
20 Likes
I predict a slight 5-10 cent bump, short lived too if crypto does not go bull market(which it might). But I donât expect these massive 3x-5x gains like many do instantly(unless a big whale decides to pump n dump. Most speculate on maid/alt coins without even paying attention to the actual underlying products at all sadly. But that is what MaidSafe signed up for when they decided to become a network reliant on âcrypto currencyâ for initial funding 
.
2 Likes
Are you confirming Maxwell will have some kind of test safe coin? I think that will get us moving parabolic style when we are able to at least somewhat gage what one coin will get (of course it should be more in final with more people joining the network but maybe like a minimum to expect)
I expect a short lived bull run from the OGs when Fleming comes out. Might even reach up to the 4k sat range again, but we arenât gonna necessarily put everyone in profit who bought in the last year. Would not be surprised if it peeks a bit before since Fleming release seems to be a lot of peoples sell date. Now this could be wayyy off if we start drawing in lots of new people again that are excited we have achieved blockchain like qualities with Fleming. I am estimating based on what the group we have now might do, not what a potentially bigger group we could become by then might do.
1 Like
Good to know. What is the stuff it is routing? Data regarding the status of the network itself?
I expect some kind of bull run and this more or less stable bottom price of about 10-15 cents to rise at least 3x. It is never going to be this cheap again - unless if this whole project fails of course.
I wonder when comes the moment that some of these Buterins and Antonopouloses start to think that âGee, Maidsafe seems to be able to make it work after all. Iâm gonna switch overâ. Because, if this project is so great that we think it is, then the smartest minds of other projects are going to draw their conclusions, sooner or later, right? And they have enough dough to make the price move? Is Fleming enough for this? Maybe not.
3 Likes
yes exactly what I am getting at. We donât need a MVP to pitch to antonop-however you spell that⌠They should be able to see the value of we basically got the secure trustless part nailed down, and thatâs what matters most under the hood. If we can just tell the right people what Fleming is going to achieve then the market grows (even more so if they are an âinfluencerâ.) If we just be our little group the pie isnât getting bigger, and I am just gradually taking all yours 1 crumb at a time with skilled trading 
And also polo takes their cut to and the dev team dumps on you as well to fund their fait paid team⌠really the only way we can all win, and I like you guys and want us all to win, is if we are making the pie bigger faster then it is getting eaten in these ways.
I think we should see a notable price increase, but there are still a lot of uncertainties about what a Safecoin could value. Especially, the question of divisibility will be crucial. I really hope that Safecoin will be dividable, or its value will be very lowâŚ
2 Likes
Actually, on my side the divisibility issue is the only reason why I do not buy more maidsafecoin. I am convinced that the network will succeed but if Safecoin is not dividable, its value will be very low (<1cts) in my point of viewâŚ
I recall David hinting that it may be changed to a simple balance, so divisibility would but be an issue. In other words just a Safecoin value, rather than individual data âcoinsâ.
I love that, from an âease of useâ standpoint. But the whole point of individual coins, each with their unique âserial numberâ between 1 and 4294967295 was that it would be impossible for there to be coin inflation. This was very intuitive, and would have, I assume, helped people trust the system. A ledger entry seems much harder to convince the unwashed masses, such as myself, that there hasnât been any shenanigans, even if there is some cryptographic way to insure no shenanigans.
1 Like
You mean a balance of Safecoin as integer only? If yes, 1 Safecoin will be the minimum that a user can spend to upload data, so 1 Safecoin will be valued very very low in $.
Why integer? It can be any kind of number.
An integer can represent 1 billionth of a safecoin. So one safecoin has the integer value of 1000000000 and any apps reporting your balance would simply place the decimal point before the 9th digit.
Balance = 12345 safecoin = 0.000012345
The above example would work with a 64 bit integer. Now the balance could start off as a 128 bit integer and simply move the decimal point up to 27 places if we think we would ever need less than 1 billionth of a coin for transactions. (eg IOT)
12 Likes
Ok thanks for this explanation. I misunderstood the issue. I was convinced that if Safecoin was not dividable, the minimum unit for any kind of transaction would be 1 safecoin⌠
1 Like
