I donāt think weāre entirely in disagreement here. As stated, to me itās all about value to the end user. Value to the developer is important only in as much as it facilitates the transfer of value to the end user.
To that end, itās hard to imagine the Network being able to provide differential value to end users without having the necessary security protocols in place. This in turn would likely require an operational PARSEC + (test) Safecoin + (test) farming. However, there may be other ways to provide value (although less robust) along the way.
Also, to make this at least semi on topicāthe realization of value will positively impact the price, haha
well since there is no official MVP point in development (for good reason, since its hard to achieve consensus when that is) You can start calling it MVP whenever you feel like lol. I think itās more a marketing point. When are you gonna tell your family and neighbors about the SAFE network? I think whenever that is, it is at MVP for you.
The important thing is that more key features will be developed with each release. As it starts to become more apparent that it is both feasible and useful, people will rally to support it.
Seeing the last year or two of research culminate in a network with vaults from home will be amazing! The following release with SAFECoin and farming will awesome! Seeing stuff delivered is what brings the promise and the theory to life.
Wow! Iām so very glad to hear this, sounds like something I have been hoping for.
If there is testsafecoin on top of vaults, it will be interesting to see what kind of value the testsafecoin will get. I mean, even if it is clearly stated as temporary, and maybe buggy & whatever, surely there will be someone selling something for a price? Just for laughs, no?
I think the testsafecoin will be a big point for traders trying to peg the value of MAID. We will finally have some data that might slightly indicate what a real safecoin could buy. Of course it will prolly be lower if the network gets bigger at finial⦠but I would see it as at least a minimum value and buy hard if it ever approached that.
I agree, I hope the focus will shift from routing/vaults+data to safecoin, the wallet and user experience owning, transfering, using safecoin quickly after we get a taste of flemming. We need to see a ātestā safecoin integrated into the ecosystem before I think many common folk will get more excited. Will turn into āOh they have a test coin and I can finally send them around through their new fancy network? MaidSafe is no longer vaporware and a shitcoin, it shows promise now.ā Question will be speed and scale of those test coin txās that need to occur too. Hopefully MaidSafe can give us load test scripts to all run on a certain day to try and simulate a network under duress for tx transfer/spend. Ofc making their own local tests and load tests will be important for the āin the vacumeā testing and analysis. But nothing beats real world in the wild results and logging. They could even have the loadtest we run save local data we can send back to them as a log file for perf analysis or a doc we upload(or it just auto transfers the results to a endpoint they stand up kinda like the crust test did).
Perhaps anything with a lot more user-required action like the above would see some price action.
As it stands, I havenāt involved myself with downloading anything in the updates for 1-2? years.
Iām really dying to be at the whims of public and developer requirements as a DD hive mind, again.
[Decentralized Distributed]
I donāt lend but what you are proposing is maybe against the forum rules. Itās a kinda pump group if we tried to do that. If that emerged I would be the most traitorous bastard and dump on the top then start lending to take the pressure off them to close and find some nice rebuys lower down.
Really this option will be off the table soon because they are winding down margin trading. You can now only place orders that reduce your position. So there is already some pressure to hurry up and close those margins and give us one last run of hyper volatility to daytrade on.
itās not against the rules to talk about fundementals or TA of what the market is doing. Nothing wrong with convincing people that you think there are more shorts then longs and they can decide how to react with their trades if they believe you. Or I guess what you might argue is that there is not enough lending and itās going to cause a short squeeze. See the difference though? You are not saying lets all act as a borg collective and make it happen. Its just a prediction of what the market will do with people acting individually. Just illegal to be like lets all trade as a group somehow.
Not that we need rules cause its just stupid and I would be the first to betray the group for profit if I could
they are giving people time to close their margins so lending is still active until then. Right now you can place margin orders but only if they reduce your position. No date has been given last I checked on when they will totally close and force liquidate all positions.