https://github.com/maidsafe/safe-cli/projects/1
This is just for the CLI right now but just take a little look around 
a lot of Test Safecoin talk.
Bullish.
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For test-safecoin they need the data layer for it to allow us to see what the sorta minimum amount of network resources we can expect 1 safecoin to be worth is. By Maxwell they will have this. I would hope that instead of one big release in like a year they roll out the features as they are completed. In that case we will get to the point of having real data to peg the price on sooner. I donāt see any way it will happen before Flemming or for a while after though.
This itself will be a process. I would not be surprised if the current price wayyy overshoots what 1 safecoin will buy initially. As the network grows it will start to seem like a fair deal and then eventually a steal. so at the moment I am still saying
Bearish.
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The value of Safecoin will be determined by the market even in the live network and as the network balances resources, the network will find the cheapest storage available and charge the appropriate amount of Safecoin (likely a fraction of a Safecoin) to store data.
Youāre correct we need the secure routing layer but that is basically done with node aging being one of the last things necessary and currently being implemented. Then we need the new data types which is top priority atm and is being coded as we speak (check github), then full RDF support in SCL also which is quite far along. Like you suggest, these things are to be rolled out in something more complete and rudimentary and itās likely to be a test network that is pre Maxwell. This will draw a lot of excitement in the next couple to few coming months and anyone new and interested will be running short on time to accumulate and so excitement will probably be priced in early as usually is.
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yes I am aware of how it will be determined what amount of data you can buy with 1 safecoin. I just anticipate (at first) the supply will be low and the demand will be high so it will be kinda expensive in relative terms for how much network resources you get. As more supply is added what one safecoin buys increases (although the fiat price should remain somewhat stable.) Somewhere in the curve is the best point to buy some safecoin and HOLD while the network grows. I donāt think we are there yet. Like you say though, crypto trader are notorious for pricing in any scent of new value well in advance of it being realized.
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The value of Safecoin is pretty wild to think about.
- Backed by worlds most valuable commodity (data)
- can be transacted anonymously, privately, or publicly
- instant transactions
- no transaction fees
- scalable
- secure
- boarderless
- transfer of value and/or wealth
- only way to purchase network resources (directly)
which means storage now and computation in the future. - network charges appropriate fraction of market value for resources in real time
Safecoin can be seen as a way to invest in development of the network by giving more value to the market cap, a speculative investment, perhaps a store of value.
Others may know better than I but the chosen reward metrics will likely have an impact on price. That is maybe what youāre thinking @andyypants?
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The value of Safecoin is backed by keeping information forever ā¦ Our minds are not accustomed to thinking in the term forever and thatās why we often miss itā¦
But this is the biggest changing the world thing the network will bring. And the price is immeasurable (But I would say a few hundred dollars, depending how strong the deflation is)
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@Nigel @Dimitar oh yes on a fundamental level this has the potential to go to the moon. I am thinking more on the nitty gritty getting started phase what things will be like though. how will the supply/demand of network resources pan out when we are in this sensitive just sprouting phase. And again yes I know this will be a big tree in a few seasons but at first it will be a tender shoot.
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If 1 SafeCoin egual to 1TB than it has much bigger utility than 1 Safecoin egual to 1MB.
If puts will be too expensive, you will be less willing to store there high resolution pictures without delete the blurry ones.
edit put instead of get
Gets are free i think
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yes gets are free. 20 char power
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If this guy is also an āinfluencerā then it lines up with my thinking. If Iām right there should be a lot of buying pretty soon
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Iām a SAFE Maxwellist (donāt share this in the cryptospace, some kids might faint) (How To do marketingā¦)
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Does getting an order in early guarantee that you will be processed before others?
If soā¦ Iām going to have to place a few of th see myself
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No it will be processed later (after SAFE Maxwell I mean 
), because some clueless consumers are selling Maidsafecoin now for around 0.00003200 btc.
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Krownās Crypto Cave Live Analysis of MAID
Check it out, download and please share on social media, as well as in other formats 
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Ya well I was buying that artificial bottom making it difficult for this guy trying to push the price down and buy. Now I have a nice bag of MAID and all my bitcoin back. Why would I buy any more now then I was a few weeks ago? And yes I guess you kinda answered that. There is new developments this week like getting listed on bittrex. I try not to be trigger happy though. Over maybe like a month if it holds this level I will start daytrading on the new average. Crypto traders price in things like this and then overshoot if its really exciting more often then not. TBH I would say its not a bad time to short and take the difference between perceived new value and actual new value. Now the closest I will get to that is just selling lots of MAID I have rather then borrowing MAID I donāt have to sell. Still I am happy to let someone else hold on to it for a bit if they will give me 50% more then what I paid. I will buy it back when they get bored.
the algorithm is designed to keep the dollar price of PUTs stable. It is in no way designed to keep the fiat/bitcoin price of one safecoin stable. The market value of a safecoin is highly dependent on how big the network is. I am just speculating that at first it will not be very large and maybe 20 cents for 1 safecoin is too high if 1 safecoin only buys like 1 Mb of storage. Now I could be wrong and it might blow up right out of the box, but IMO it will be more like a tree. In the first year its just gonna be a small shoot. Over a few years it will get massive but not like you put an acorn in the ground and wake up the next day to find a tree you can sit under for shade.
@lubinew that may be true and each player is entitled to put their chips where they think the best bet is. Really we have to do the experiment first to get the results back. When we have test-safecoin and a data layer its going to get a lot easier to guess correctly because we will have actual data to base our guesstimates on.
Ya I experience a lot of neurochemicals based on what the charts do. For me not at least selling some on a 50% gain is like throwing a steak in front of my dog and expecting her not to eat it! Maybe your more zen/self-control strategy will do better then mine. I rarely make money off the big moves cause ya I usually sold it all on a smaller move first. This is for sure a cost. The benefit is all those like 1% ticks can really add up. You see me turning my nose up at big moves but I see you missing out on the more numerous small ones. I donāt think we are going to change each other
@zoki yes orders for the same price are filled in the order of when they were placed. First to be filled is the highest bid and if there are more then 1 order at the same number it goes in order of time it was placed. It makes a big difference in the DOGE market where its like ok put me in the queue to buy at 35. With bigger numbers it gets less relevant. If I want to get ahead of your bid of 3015 I will just bid 3016. See what I mean?
Where on earth did you get this idea?
The network has no care at all of $ prices
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not directly but it does care about how much safecoin a PUT is going to cost. It basically figures it out by supply and demand. Then the invisible hand of the market sets the dollar price of a safecoin. If people are rational they will only buy safecoin when they get a fair amount of PUTs for their money. So lets say a Mb is worth 20 cents to me and it costs 4 safecoin at that time to PUT that much, then I am not buying safecoin above 5 cents each. This is the āpeople sideā where human brains interact with what the algorithm is doing. What does david like to say? We have lots of moving parts here. The actual transaction of buying a PUT for safecoin is just one aspect of it and yes that is the only part that the code touches directly.
The cost to put to the network is decided upon available space.
It has absolutely nothing to do with fiat prices of safecoin.
The 2 things are seperate.
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Right so as the network grows it starts costing less and less safecoin to PUT the same amount. Then humans say oh that means I get more value for a safecoin and would be willing to pay more dollars for it.
so whats the big picture look like? The price to buy a safecoin on the market will vary a lot because its intrinsic value is changing in terms of how many PUTs it buys. But if we look at how much do people spend on average to buy the (changing) amount of safecoin needed to do the same PUT we should find it relatively stable because people are still shopping for that value and have a price in mind and this doesnāt change really.
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